Is this the official DowGold EA?
Yes. CheaperForex is an authorised reseller of DowGold, so you get the genuine licensed EA developed by DGHS Trading Inc.: the same version, cloud connection and updates as buying direct. Account slots and account-change terms follow the package you choose. You can check us on DowGold's reseller list.
How many accounts can I use?
Starter allows one authorised account. New Starter licenses include an initial assignment and one correction. After that correction, wait 24 hours before changing accounts again; each later change starts another 24-hour wait. Ultimate allows up to six accounts at the same time with unlimited account changes. Existing licenses keep their current terms.
Do I get updates?
Yes, future updates are included. As DowGold evolves, every new version is available from your CheaperForex account at no extra cost.
Does it use grid or martingale?
Not in the standard system. On Gold, each trade is a single position with its own exit. On US30 the EA can add orders into a trend that is already in profit. Silver is the exception: it uses a controlled, capped form of recovery, which is why it is off by default and only trades if you switch it on. Turbo Gold is also optional and off by default.
What about drawdown?
Every public account on this page shows its maximum drawdown next to its gain. Each mode carries a relative risk level: Prop Firm ultra low, Balanced low, Aggressive medium, Flip medium-high. You can also set your own daily and overall drawdown limits inside DowGold's settings.
Can I use it on a prop firm challenge?
Yes. Prop Firm mode is built for challenges and funded accounts, and customers use it for exactly that. Check your firm's rules on EAs, news trading and maximum daily loss before you run it. Turbo Gold is not for prop accounts.
What happens around big news?
DowGold is news-aware. The cloud weighs high-impact releases, and the EA can sit them out and step back in once conditions settle.
What do I need to run it?
MetaTrader 4 or 5 and a broker that offers XAUUSD; an A-book broker with an ECN account works best. MetaTrader has to stay running for any EA to trade, so most customers use a low-cost Windows VPS, from about $10 a month. We are happy to point you to one and help you set it up.
Why is DowGold priced higher than typical EAs?
Because it is not a static file. The cloud engine is actively maintained: strategies that stop working are dropped and new ones are added, and your EA works from the updated analysis without you changing a thing. You also get public results you can check, future updates and hands-on setup help.
Is there a VIP or signals group?
No. DowGold is a self-contained automated system, with no separate VIP group or manual signal service to keep up with. You install the EA, authorise your account, choose a mode, and it runs.
