The Last Broker EA MT5 Review

The Last Broker EA MT5 is a gold-trading system with two selectable trailing profiles, configurable position volume and predefined TP/SL management. Precision Trail engages earlier and stays closer to price; Extended Trail engages later and gives the position more room.

Our assessment: its appeal is the choice between two management approaches with visible account and market context. It suits traders willing to compare profile behavior and broker execution carefully. The main considerations are the short public histories, a recent strategy-error fix and sharply different buyer experiences, including a reported large drawdown. Sources were checked 29 October 2026; this is a source-based review, not a firsthand terminal test or an audit of customer accounts.

What the two profiles actually change

Maxim Kurochkin describes both profiles as rule-based XAUUSD algorithms with take profit and stop loss. Strategy 1, Precision Trail, moves into active stop management earlier and follows at a tighter distance. Strategy 2, Extended Trail, activates later with a wider distance, allowing more price movement before the trailing rule closes in.

The public overview does not disclose the complete entry formula. The named profiles explain management choices, not an independently validated ranking of future returns. Earlier trailing can change how quickly profit is protected or a trade is stopped; wider trailing permits more fluctuation. The actual result depends on the move, settings and execution.

Separate trade sizing from optional protection

The developer describes dynamic sizing, manually chosen volume, profiles numbered 0–5 and an alternative entry mode. The overview does not define a universal risk-percentage mapping or explain every alternative-entry rule. Do not read a profile label as an account loss ceiling.

Account and daily drawdown protections are optional and active when enabled. Spread and execution-deviation limits and a Friday entry setting add operational controls. These need their own configuration; predefined stops still face gaps, spread changes and execution limits. The developer’s no-grid/no-martingale claim remains a source description, not our code audit.

The two references differ in platform and risk history

The source checks on 29 October 2026 link Strategy 1 to an MT5 account at UltimaMarkets-Live 1, and Strategy 2 to an MT4 account at Headway-Real. Both pages label their accounts Real Account and show 1:500 leverage. The second reference is therefore not direct verification of this MT5 edition.

Strategy 1: five closed trades on MT5

Cash results

21.88% growth; $5,000 initial deposit plus $1,093.96 net profit; no additional deposits or withdrawals.

Trade sample

Five closed trades, all long XAUUSD+; the source classifies all five as profitable.

Drawdown fields

Relative equity: 0.31% ($18.60). Relative balance: 0.00%. Maximal balance: $6.25 (0.13%).

History context

One week displayed; the source’s Started field is 23 October 2026 at 09:37:07, with three trading days.

The source flags a new account, too few deals and low activity. Five favorable closed trades do not establish a stable win rate, maximum future drawdown or the full range of market conditions. The small drawdown figures belong to this short observation.

Strategy 2: more growth with substantial floating exposure

Cash results

83.78% growth; $4,547 initial deposit plus $3,809.60 profit; no additional deposits or withdrawals.

Trade sample

14 XAUUSD trades; 12 winners and two losers; nine trading days.

Relative drawdown

Balance: 0.76% ($57.96). Equity: 36.55% ($2,770.14).

Margin exposure

Maximum deposit load: 45.74%, a separate metric from drawdown.

History context

Three weeks displayed; the source’s reported Started field is 22 October 2026 at 06:45:09.

The gap between balance and equity drawdown matters: small realized losses can coexist with large adverse floating movements. The source warns of a new account, too few deals and high growth associated with trading risk. Its three-week history label and Started field do not demonstrate three weeks of continuous monitoring of the current MT5 build.

These are not controlled side-by-side tests. Platform, broker, sizing and history differ, so the return and drawdown gap cannot be attributed solely to trailing distance. Both accounts began before the retail launch and the 1.2 update; their histories do not establish unchanged current settings throughout.

Buyer feedback presents conflicting experiences

Alexander Seidel, 28 October 2026 at 09:41: his German-language review reports drawdown of 60% or more, concerns about entry direction and differences from the signal. He specifically names risk setting 2 and ICMarkets. Those details should not be erased when discussing the complaint, although the review is not a complete account statement or configuration record.

DjHilton, 28 October 2026 at 12:27: the positive review describes satisfaction with this and other products from the developer and says the reviewer had not experienced a full stop-loss with this EA at that point. It emphasizes volume, risk settings and broker conditions as possible reasons for differing results. That experience does not independently verify or disprove Seidel’s account.

These are attributed MQL5 buyer opinions, not CheaperForex verified-purchase ratings or audited performance. The disagreement is a reason to inspect sizing, contract specifications and actual trade history; it is not enough evidence to diagnose the reported drawdown or dismiss it as user error.

The 1.2 strategy fix needs separate context

The listing was published on 26 October 2026. The 1.1 note that day mentions minor fixes and performance improvements; version 1.2, dated 28 October, says a strategy error was fixed and updating is important. The public note does not explain the error’s mechanism or identify particular affected trades.

The two buyer reviews are also dated 28 October. Their timing alone does not establish whether the reported experience used the revised strategy or whether the fix addresses that specific complaint. The current version number should not be used to dismiss the criticism or to claim a demonstrated resolution.

Panel context and practical setup

The integrated workspace shows balance, equity, floating P/L, positions and margin, alongside market-structure labels and price zones. It can help monitor the chosen configuration, but visual context does not itself establish profitable predictive accuracy.

The overview does not prescribe one chart timeframe or minimum deposit. Choose a tested profile/timeframe combination, check gold contract size and volume steps, and evaluate spread, slippage and execution deviation on demo. Keep MT5 connected, or use a VPS, while automated management is required. A reference account’s starting balance is not a universal capital recommendation.

Other systems from the developer

See our TitanForge review and Morpheus Algo review for separate products. Their results and settings should not be transferred to The Last Broker.

Verify it yourself

Read the current developer listing, Strategy 1 monitoring and Strategy 2 monitoring. Historical and observed results do not guarantee future performance.