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ForexRobotTrader.com (Don Steinitz) Review Visit site

Updated: Jul 14, 2017
2.633 · 209 REVIEWS
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Performance tests

StatusAccountProductP/L Weekly,%Weeks testedP/L Gross,%
Steinitz HAS MTF-0.8567.7-43.794
Fractal Pterodactyl Robot-4.9717.2-58.406

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2.633 · 209 REVIEWS
Forex Peace Army

Let other traders know if this service is worth checking or should be avoided.

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Jul 4, 2017
Registered user

Very bad robot

I have bought this robot but it eaten all money. This robot is scam fully. Stay away absolutely!!!

Reply by FRT Support submitted Jul 8, 2017:
Hi NerK! I was unable to locate any actual purchases, support tickets, or emails from you. If you did actually purchase our software please contact us for support right away. It's free for life and we're happy to fix any issues you may have had. I look forward to working with you!

FRT Support
Apr 21, 2017

These two robots are horrible . Anybody who can read charts will beat them 10 times over. Use it for a month and every single trade was a lost regardless setting

Reply by FRT Support submitted Jun 10, 2017:
Hello Musselin! Unfortunately I cannot find any record of your software purchase or emails to us at support. If you actually did purchase our software, please contact us right away at our help desk to receive immediate priority support (it's always free). We're here to help.

FRT Support
Jan 5, 2017
Registered user


I have consistently lost money. I bought the VADER robot in September and started great, I was up around 100 pips for the first 2 weeks, live account. After that it has been all down hill. I submitted a ticket in october and they replied with a few things to try. I tried all their suggestions, except buying 2 seperate robots from them. I dont expect to see matching profits from them, but they are posting 100,000 months, I think it seems fraudulent that I cant even break even. I submitted another ticket to them today to see if they can figure it out, but as of now I am going to say this is a scam.

Reply by FRT Support submitted Jun 10, 2017:
Hi Justin. We're still waiting to hear back from you on our last email from March 21st. I'd be happy to look at your logs and find out what problems may be occurring and how we can fix them. Please reply to our last email from 3 months ago and let us know!

FRT Support
Chicago, USA
Nov 9, 2016
Registered user

Vader loses very efficiently

I started the Vader forex robot at least three weeks ago 9/22 it was and it has consistently lost money no matter what I do and I have even had a .set sent from the support section. It still loses money. They tell you of all the up side but they do not tell you how bad it is and that it can lose money a good amount of the time. It makes errors like buying high and selling low completely against any trading rules I have ever seen. I wonder if there are any good robots out there because from the proof I have, this one certainly is not worth it. It is down $150 so far.

Reply by FRT Support submitted Jun 10, 2017:
Hi Sam! We're still waiting to hear back from you on our last email from November 2016. We're always happy to help and get to the bottom of any issues you may be having. When you have a moment, please reply to our last email. We're happy to be of service!

FRT Support
Utah, USA
Oct 20, 2016
Registered user

Love it!

Incredible forex software that totally achieves what the human can't and almost without effort. I have been trading with this for a while with very positive results.

Sacramento CA, USA
Apr 6, 2016

I purchased from Don " The Robot Trade A.K.A FRT years back in 2012 and used the software on demo account. After fully understanding the settings I wanted to take it live. By the way, my demo settings where good. However, Its"s 4/6/2016 trying to get it hard coded for a live account and still waiting for the Free lifetime updates and hard code for my live account... after all the site says Free lifetime updates!

Some have said He has died. I'm waiting on a live hard code to take my settings to the market.

KG.. Fxtrader.

Reply by FRT Support submitted Apr 21, 2016:
Hello Kevin! We replied some time ago (April 8th) to your support emails, and additional questions you had on time zone settings. If you need anything else we are always available via support. Have a great day.
Denver, USA
Mar 7, 2016

I've had FRT for a month now and am cautiously optimistic. I'm trying several different settings besides the one it comes with. It has functioned better than the few others I have tried. I set it up with a 40 pip stop loss and 80 pip profit, and one week it did great and the next it lost a small amount. I just started running a test using the stock settings it comes with. I have only run this for a week and it did excellent. Today starts the second week using the stock settings.

I'm beginning to think that forex traders have several traits in common; we can be impatient, we can be dreamers, we often take things at face value, and more. Personally, I find myself to want instant success, so I should test a robot by setting it up and letting it run for a month without looking at it. I've learned that there are no settings, no strategy, no robot that will bring amazing profits each week. Some weeks will be good, and other weeks won't.

Their customer service has been excellent, always responding within two days and offering to help with any issues I have.

Oct 16, 2015

When I first ordered from FRT it was back in 2013 for that has ea. There email support was very slow and I didn't get a response for several things. This July (2015) I came back into forex after a break and started using FRT's falcor along with other tools.

Something has changed for the better at FRT because support now replies to me within a day, they help me troubleshoot, and even gave me custom adjusted settings. With their new settings FALCON has posted a positive profit for about 1.5 months on a demo FXCM account I setup. Not as amazing as their web results, but much better than the other stuff i am using.

Can't attest to their other software just yet tho.

Texas, USA
Sep 1, 2015

I unfortunately bought the EA's from Mr.Steinitz back in 2008 thru 2011. None of them worked as stated. If Don answered back there was always an excuse. I realized he was all BS.Now I find he passed away 5/9/2012 in LV.http://obits.reviewjournal.com/obituaries/lvrj/obituary.aspx?pid=157641485 He will have to answer to our Creator to all the people he knowingly scammed.Apparently someone else is running the website and continuing the scam. At least no more fake reviews

Reply by FRT Support submitted Apr 21, 2016:
Hello Invmiker! Please make sure you've downloaded the latest versions of our software. As it has been a while, we'd be happy to help you get setup or troubleshoot any problems you may have been having. Please contact at us support for anything you may need.
Canada, Canada
Aug 7, 2015

This is such a scam. First off, he doesn't even respond to support emails. Just some advertising crap in LV, USA. If they actually made money why don't they have live account statements that are 3rd party reviewed. I cant even perform a remotely successful backtest on this! Just a huge load of BS everywhere.

Reply by FRT Support submitted Apr 21, 2016:
Hello Ryan! I'm sorry to hear about your experience. Our support system has gone through several changes as is now much better. I'd be happy to fix any problems you were having. We are always happy to troubleshoot, create settings, and more if you need it. Have a great day!