Forex Fury EA review - trading strategy, compatibility, users ratings and coupon code.

2.592 • 127 REVIEWS
Updated: Mar 7, 2024
ForexFury.com

What is Forex Fury?

Forex Fury is an expert advisor for the metatrader MT4 and MT5 platforms. First version of ForexFury trading robot appeared in 2015. As of this moment V4 is the latest stable version with V5 available as a Beta. Robot is compatible with NFA, FIFO rules, supports ECN accounts and works with the latest MT Builds of 600+

Forex Fury uses a range based trading strategy during the times of low volatility. Robot trades 1 currency pair per account, one hour per day aiming at 0 to 7 trades daily. Developers are displaying trading results for the following pairs: USDJPY, GBPUSD, USDCHF, USDCAD, AUDCAD.

One live account lifetime Gold license of Forex Fury is priced at $299.99 and 2 account Diamond license at $439.99 with free updates and unlimited demo accounts. Using VERSION4 coupon code at checkout will save you 15%

Please read Forex Fury Reviews below and share your live trading experiences with this expert advisor.

August-September 2016:  Multiple fake and highly suspicious positive reviews submitted for Forex Fury and Forex Steam
Related sites appear to include ForexSteam.com

Details

Established: 2015
Contact: support@forexfury.com
2.592 • 127 REVIEWS

Forex Fury Most Helpful Customer Reviews

P
Psilocyber
Spain, Spain,
Mar 9, 2023,
Registered user

A good way to lose money constantly. A loser selling losing services. AVOID

Service use: Live Length of use: 0-3 Months
I am an experienced Stock trader. I Finally starting to make money day trading stocks (after 3 years losing money) and after having invested long term in the stock market. So I am not new to charts, I am no beginner. I eat, sleep, dream and shit charts, risk reward ratios and Rs! Lol

I decided to buy forex fury after the amazing reviews I saw online, and I have to admit, after having trusted that face on YouTube. Yes, Pat, the nice Guy, making millions with his trades, 100Pips to the moon.

I installed it, tested it on a demo account of the size of my real account (1K) and adjusted it day by day. I used his set files and there I heard the first alarm bell. The set files suggested by the company don't have stop loss!! First day I used that the Bot burned 50% of the account, lol.

I continued to trust the system and so I adjusted the bot the TP, the SL, carving it as best as I could. Still, I had the feeling that the bot would take COMPLETELY RANDOM entries. I could not find any connection between the trades.

But, after three weeks of testing on the demo I was 50% Up, even having had that huge first day loss.

I was quite impressed, I was ready to throw 20K in that account and roll with it for life, I was already dreaming of opening another 5 accounts and so on.
Then I obviously took the most responsible approach and only used 1K, just like my demo, to test the behaviour of the Bot on the LIVE account.
The Bot started losing money, every day, sometimes would take good trades for a couple of days but the overall was very negative. I kept looking at it and did my best to prevent the worst, but I could see it happening, the Bot was slowly but surely eroding every funds into the account. There was no way to stop it, unless I would have told the bot every day which direction to trade (if long or short) to increase the chances of win.
In brief.
It could be that the bot could be midly profitable with constant everyday manual intervention and a very bad RR (it can only work for scalping, with a 1:3 RR ratio, so you're risking 3 to get 1), but for me that defies the whole purpose of having a BOT (aka automated cash flow).
And still, I am not sure that even with manual intervention one would be able to make money because the entry are just crap and Pat suggests to use the the bot only at 9Pm (Madrid's time).

I also joined his paid VIP and I could prove that they are not good traders, and what they sell on their Youtube channel is just the best of what they do. They don't tell you about the losers.
On their VIP they can have 5 losers in a row (followed by an explanation about why the market is doing that), over and over again and then a good 3R winner. I was 8% down on that account in a matter of 3 weeks, risking only 1% per trade. Of course the results they publish are completely different. (What they do: they send a message telling the trade copier to take a trade when the trade already happened, they do that usually with rippers, so they can claim the win but in reality the trade copier didn't have time to take the trade on your account, so no profit for you whilst they claim the win).

I am taking the time to share all this because I don't want other people to fall in this trap. These are real SCAMMERS. They will delete any message on their Youtube, so don't expect to find negative reviews over there.

By the way, I was able to claim a full refund through Paypal, of course nobody will pay me for my time and the money lost on the account, but at least I hope I can help someone else
1 trader has found this review helpful
M
Mo
UAE, United Arab Emirates (Really the offices of ForexFury in Canada),
Jul 19, 2018,
Registered user

My two thumbs are up (I forgot to say I work for the company)

I'm over the moon with the ea performance in my accounts over the past few months. As an educated trader, and trading educator, I know what it takes to win, and this strategy is just that. The approach is simple, but makes sense, and targets the market when it is ripe for the picking. My two thumbs are up.
1 trader has found this review helpful
Forex Peace Army
Review moderation team note
5 Star rating removed.

This review did not come from the UAE.  It came from the same location in Canada used by the representative of Forex Fury.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.
A
a_m_burn
Sheffield, United Kingdom,
Nov 27, 2020,
Registered user

12 good little trades, 1 big bad trade to wipe out the rest

Service use: Demo Length of use: 0-3 Months
I tried Fury for 2 months on demo. The first month I kept changing the settings to try and get some good trades as recommended on the Fury website. After contacting Fury they recommended I use the defaults settings which I did, but all the time I would have something like 12 good trades and then 1 bad trade to wipe out the good ones. Having done a lot of looking around for help, I came across a FB group with people running Fury. People in that group setup a Telegram group to try and help each other find good setting but no one could. At the moment there are 73 members in the group and not one of us has managed to get this EA to work. The group is no longer called Forex Fury. Everyone got fed up and so the administrator changed the name to something else. In the end I followed Forex Fury's refund policy. This takes about 30 days because you have to provide them with a spreadsheet showing your trades over 30 days with their EA which I did. They were good to me in providing a refund but I've heard from many people who didn't get one. To be fair maybe they didn't ask within the 60 days. Anyway I'm really glad to be out of Forex Fury. Hopefully I've provided the correct account number below for authentication, but I've since used the account for another EA so I can't exactly remember which account I used.
A
Reply by Forex Fury submitted Dec 2, 2020:
I'm sorry to hear that your time with our software wasn't fruitful. During and after the election our software struggled on default settings.

We have since returned to our normal gains, and are always working on new ways to better the Fury experience.
L
Lee CH
Selangor, Malaysia,
May 13, 2020,
Registered user

The Myfxbook results is no SL and is demo

Service use: Live Length of use: 0-3 Months
Been using it for a month for GBPUSD ,if use the setting from the website mean SL is on 35pip,if really using the SL setting u will get many lose trade not like the results showing in their myfxbook,be careful everyone.
L
Reply by Forex Fury submitted Jul 28, 2020:
We have both demo and live accounts available on our website. The SL is increased and decreased, and this is shown on the website.
J
Joyvent
Malaysia, Malaysia,
May 5, 2020,
Registered user

Fake result, 80% losing trade!

Service use: Live Length of use: 6-12 Months
Hi this is Joyvent again. Just want to clarify about earlier post. This is to reply the comment from Fury. Yes this name Joyvent is not my name on Fury portal because I used real name to post my bad review in forexrobotnation and it never showed up even I tried many times. I guess Fury admin here can’t explain why? Because you don’t want to show negative reviews to your EA. One thing I want to mention also about the result Fury posted on website, the same pair we traded in lost is showing losses in my result yet it is showing winning in Fury result. My equity has dropped from $1000 to $100+ yet Fury’s result is showing beautiful ascending chart. Only live account trader knows what I mean. This is UNETHICAL!

The moment fury doesn’t want to refund my money, I’ll keep positing my bad review to every website I get a chance to do.

Apr 30, 2020 - 1 Star I bought this EA from reading all the good reviews in forexrobotnation.com, it claims 93% winning percentage which attracted me to get it in September. During the first signup, the Fury asked you to rate 5 stars in forexpeacearmy. Initially the first few trades were good, however, starting Oct almost 70-80% losing trades. TP is 5 pips, SL is 29 pips, and it has 70% losing trades there’s no way to recover. 93% winning was a boast!

I bought this EA at $229.99 + $1000 equity. 7 months passed, now my equity only left $100+.

I emailed to Forex Fury and never got reply. I wrote in robotnation for my review but it never showed bad reviews, I wrote in Forex Fury Facebook but my reviews also never showed up. I’m happy that forexpeacearmy is a fair platform to speak out my voice.

Never trust forexrobotnation, never trust Forex Fury and never trust Forex Steam (they are brother EA).

Reply by Forex Fury submitted May 2, 2020 We have no client named Joyvent from Malaysia.

Also, we respond to all emails, so check your junk mail. Likely just needed to follow our rules and use the software properly to get the desired result.
3 traders have found this review helpful

Recent User Reviews of Forex Fury

I
ifty007q
Bangladesh, Bangladesh,
Mar 9, 2022,
Registered user

!!!SREFUSED REFUND!!!

Service use: Live Length of use: 0-3 Months
Forex fury rufused to refund even after seeing live account statement. I tried their recommended settings, except I put stoploss . Luckyly I put stoploss otherwise my account would have blown without stoploss which they recommend. This fool robot output is 100 winning trade * 0= 0 such a waste of my time & money. I purchased vps for this fool robot that is a loss too. I mailed that Patrick the ultimate scammer who refused to give me refund. I have proof that forex fury robot is a time killer robot.
1 trader has found this review helpful
G
GWS GLOBAL
Lagos, Nigeria,
Mar 7, 2022,
Registered user

POOR ROBOT

Service use: Live Length of use: 0-3 Months
the idea of a robot is to automate without having to sit by your computer all day long. i expect that instead of forexfury team trying so hard to defend their mistakes , they should rather get back to work and produce a more powerful robot.

they also need to prioritize customer service.
let those who are giving the robot 5 stars come out and tell us what settings they are using , that should help us adopt and provide feedback

over all , you cant win your customers, FOREXFURY - GET to work
B
bypatttt
SO, Switzerland,
May 13, 2021,
Registered user

good stuff! really!

Service use: Live Length of use: 6-12 Months
I like to dabble around with EAs not really expecting them to make great profits or profits at all for that matter. Forex Fury is the first and only EA that I've been using on a live account for almost a year now.

some bulletpoints about my results (obviously this depends on the EA settings you use):
- All but one month have been profitable
- averaging 1.5% profit per month
- best month was 5.6% (worst was -1.9%)
- the EA averages around 2 trades per week

now I'm sure some people make more money out there but for me these are really nice and consistent results and I'm definitely gonna keep it running for now
Y
yadi
brazil, Brazil,
May 3, 2021,
Guest

good now but hard start

Service use: Live Length of use: 3-6 Months
i did not know enough when i started, i found it hard to use, and had email support alot, but they did answer to help

i am now winning trade with fury, and i think performannce 4-5 star, but harrd to start for new trader

thanku
J
JediMasterRyon
South Carolina, USA,
Feb 6, 2021,
Registered user

Still on the Fence with ForexFury

Service use: Live Length of use: 6-12 Months
2/5 stars here. The EA works and there is support that does respond to you within a reasonable time period. I have used FF for over 6 months to find my Real and Demo accounts be slowly drained from their recommended settings on v3. Their website Demo accounts use a 20% account Stop Losses from what I can tell. If your account suffers that loss, it will take months to recoup the loss if it ever does. Additionally, I used multiple different brokers on my own Demo/Real accounts and found the v3 settings to not be profitable on any. I used: Forex.com, Oanda, and PaxForex. After the recommended settings did not work, I tried my own to no better luck. Now, v4 is available and of course, their MyFxBook Demo/Real accounts look good. I will give v4 a try once more history is available on their settings. I will update this post once I do my own testing. Be careful and demo your accounts before going live with any real cash.
1 trader has found this review helpful

Frequently Asked Questions

Is Forex Fury a good company?

Unbiased traders reviews on ForexPeaceArmy is the best resource to provide you with a good view on whether Forex Fury is a good company or not. https://www.forexpeacearmy.com/forex-reviews/12226/www.forexfury.com

Please come back often as reviews get updated or added by users from time to time.

Additionally, we'd recommend to check recent ForexFury community discussions: https://www.forexpeacearmy.com/community/tags/forexfury/

How much does Forex Fury EA cost?

Forex Fury EA is available in 2 plans.
  • 1 live account license: $229.99
  • 2 live account licenses: $439.99

Does Forex Fury offer a free trial?

Forex Fury doesn't offer a free trial.