5PipsADay.com Review

Bought but as I was attaching it to a chart I discovered:
TP = 5
SL = 300

What?! I am getting a refund IMMEDIATELY!
As per the earlier Review, two losses wiped 65% of his account.
You must be crazy to try this robot on real money.

Below is my attachment of the mean support person. I was losing money, bad installation and it didn't work. Kept asking did I do xxx? or did I do xxxx? Not helpful but very condescending. I DO NOT RECOMMEND 5 PIPS A DAY.

Aug‎ ‎3 at ‎10‎:‎34‎ ‎AM

Oh wow you are a really nice person! Great way to talk to people you have. That is extremely rude of you. Open a refund ticket with clickbank and you will be refunded. Meanwhile, do not email me again.

Kind Regards,
Support,
http://www.5pipsaday.com

I purchased the 5pipsaday robot on August 1st 2017.
I already had a subscription to a VPS and 5pipsaday support service loaded their software on it with 0,01 lots to start.
In the first two weeks of trading, I noticed that few trades were made and that most of them were negative.
Naturally, considering the minimum initial size, losses and profits were extremely contained. I thought, however, that even considering a larger size in the future, I could hardly earn 5 pips per day promised.
Therefore, on August 22 2017, I asked for a refund of the sum of US $ 99 paid for the purchase of the software crediting the credit card account with which I had made the purchase (they guarantee the refund within 60 days from the purchase).
Having received neither a refund nor an answer, on 1 October 2010 I solicited the refund also providing the details of my bank account.
Not having received a refund or an answer, on 7 November 2017 I requested the refund again (in the meantime I had deleted their software from my Metatrader account).
Still today, five months after my first request, I have not received yet a refund or a reply.

Purchased it through mqlplus.com since it guaranteed 5 pips a day and guaranteed a 20% daily return. The advertisement said it only had one loss in the past 10 years. On the third day of demo, it crashed and burned. I contacted Mark at mqlplus.com and he stated that no EA can guaranted 5 pips a day and 20% return. I then asked him why he advertised as such and he failed to answer. Since I purchased it on Ebay, I told seller to give me a refund. He refused to reply back and I gave him a negative feedback. Mark then contacted me stating he gave me a negative feedback in return and said I would not be getting a refund until I removed his negative feedback.

What Mark didn't know is that my background is law and I contacted Ebay with my claim of fraudulent listing and produced copies of his statements where he admitted he was selling a bad forex system and how he was holding my refund and feedback hostage. Ebay immediately took action within a few hours and refunded my money and I have no negative feedback. Marks negative feedback remains in place.

I can't believe how some people have no scruples and try to scam others. I'm going to let it be known of this scam and share my concern on other forums to beware of Mark and mqlplus.com. I have no idea how they can sleep at night making promises and guarantees and then turn around and admit that they lied.

After receiving my refund, the scammer sent me an email stating that my complaint made me look as though I was 12 years old. Wow... I guess a thief and con artist wants to have the last word...not!

I used this EA for 6 months and the first 5 were great, zero losses, constant winners. Then, in the last month I had two losses, while that sounds great, the problem is this EA uses a 300 pip stop loss so those two losses took out 65% of my account. If the EA would not have another loss, it would take another 6 months to gain my losses back. Trades constantly go 150-250 pips against you so changing the SL will increase your losses. Including the time I tested this EA, it had 0 losses in 9 months, but with just two losing over half my account, I can not continue it and do not recommend it.

3 months in use, and EA made ​​a big losses, but small profits, that remain loss. I can not rate because money back was not successful.

Been paper trading it for 2 months,still profiting though slowly but surely.Yet to see how it goes with time.

Hi everyone,,
I'm using this EA in my live account for 6 months, and I haven't lost any signal trade so far, to be honest with you, this robot is the only one in the world that will Achieve your dreams to get rich quick.
I will give this EA 5 stars and recommend

I have had it on a demo for about 5 weeks and it did not have one loss ? I have just put it on a VPS demo and will see how it goes.

I have been testing this for about 1 month now and it has not lost AT ALL. I trade had a large draw down, but it still won. If it doesn't trade for a day, it trades twice the next day. I LOVE THIS THING.