Neuroshell Trader is a Forex and Stock trading software where “algorithmic and artificial intelligence trading is made easy”.

The website of Neuroshell Trader is maintained by Ward Systems Group.

The system in question can be found at try.neuroshell.com. This domain has been available on the internet for the last 23 years but was updated in January 2019.

This is possibly the date that the new owner (in this case, Ward Systems Group) assumed ownership by way of purchase.

With Neuroshell Trader, we can try new algorithm in minutes, adapt our trading according to market algorithm while avoiding “profitable trading systems” that “fall apart”.

We certainly love this marketing language. However, by no means should we get convinced by these silver-tongued salesmen.

We don’t see how this software can even compete with some of the best recommended trading products and services.

The owners even claim Neuroshell Trader was voted “best artificial intelligence trading software” by S&C magazine.

We’re not aware when this happened or at what point S&C magazine endorsed this software.

There are 3 licenses that customers can buy when they want this software.

Power users pay $2,796 or $1,836. Professional traders part with $1,996 or $1,196 depending with selection of features they want.

In addition to this, there are “add-ons that cost nearly $300 as well as “network optimization upgrades” that can cost up to $8,000.

These pricing models are definitely weird. They make us assume that this is just another charlatan trying to sell an over-promised piece of code which actually does not make money as alleged on the sales page.

Is Neuroshell Trader legit?

To answer this question, we need to consider several things.

They tell us that these licenses allow traders to create and save their indicators.

But which platforms are these indicators for?

And their artificial intelligence program is able to help us find the best trading signals.

For this service, one needs to have a set of favorite indicators but not profitable strategy.

And the developer also believes that backtesting feature can help us build profitable models that can be tested before being put into use.

The main selling point is that Neuroshell Trader is the most powerful yet easy to use software.

Our question is where exactly can we see past performance data from independent sources?

If it can make money with Forex trading, can we see their myfxbook account?

Conclusion

Neuroshell Trader does not seem like our cup of tea.

The cost of acquiring this software is unreasonable and developers will never prove that the “system” works.

Now, what’s the point of spending money here?