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REVIEWS
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FPA Review Moderation Team, USA
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No Rating
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| Date of Post: | 2009-03-29
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Review:
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We haven't tried the EA from Forex-MegaDroid.com. If you have let this forex robot trade your account for you, please leave a review below.
Update: The FPA has begun a Performance Test of this EA on a demo account. Please click the "Forex Mega-Droid Demo" link in the upper left corner to see the results.
Update 2: The previous demo test on an NFA registered broker was stopped due to potential problems with new NFA rules. The old test was going well, and the results can be found by clicking the drop down menu on the Performance Test page.
Update 3: The FPA is now monitoring a LIVE account trading the Pip Laser EA from Forex Megadroid. Please click the link towards the Upper-Left to follow the results.
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Csaba Vas, Cranleigh, United Kingdom
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| Date of Post: | 2012-05-13
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Review:
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After not really doing anything for months it suddenly just made a totally illogical movement and killed the 15%(!) of my account within a few hours.
Megadroid "support": - We are sorry, s*** happens...
Don't vaste your money for it!! |
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Daniel, Kiev, Ukraine
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No Rating
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| Date of Post: | 2012-05-12
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Review:
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Regarding the last big loss, Forex Megadroid team has posted this on their blog:
http://forex-megadroid.com/blog/megadroid/an-notice-to-megadroids-customers/
The EA is still supported by the team! |
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Mlh, , Czech Republic
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| Date of Post: | 2012-02-06
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Review:
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I've been using Megadroid for more than one year now... with five different brokers. Everytime you think, that it brought some profit a losing trade liquidates it, or puts you into loss suddenly. Non of five accounts is in the profit nowadays and even if they were, the profit was minimal. It's definitely not worth the risk! |
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Phillip, , Australia
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| Date of Post: | 2011-11-17
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Review:
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VERY disappointed in the performance of this robot. At the rate it trades and the money it returns it will take over 8 Months to return my purchase price (if no losses occur). 65 cents is the smallest amount returned. The robot runs on a VPS 24x7 for the last 9 weeks and has traded 3 times for tiny returns, I checked the MegaDroid statement on the webiste and there statement shows 6 trades with good pips.
So should you buy this robot - NO NO NO NO..... |
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Frederick Khor, Malaysia
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| Date of Post: | 2011-09-16
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Review:
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I've acquired this system on 26Aug2011 and till now 16Sep2011 only 1 trade has been triggered! Good thing is that trade is a profitable one. With such a trading volume, I wonder how they reach the returns they've claimed? 30+ more days to evaluate before the return policy expired.... with such a rate, 60 days to evaluate this system is not enough at all! |
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chris king, minnesota
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| Date of Post: | 2011-09-06
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Review:
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i dont know why all the bad reviews... common sense.. if this thing is returning 6.5% profit for you like it is for me in the first month, i have a question for you... any BANKS gonna do BETTER than that??? I DIDNT THINK SO!!!!! stop whinin and be appreciative that a program out there ACTUALLY works!!!!! |
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guggster, Germany
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| Date of Post: | 2011-07-13
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Review:
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TOP support...anwered me in 3 minutes and resolve problem with account #.. :) |
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singlemalt, USA (Arizona)
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| Date of Post: | 2011-07-12
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Review:
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I have been using this robot since July 2009. It averages .9 to 1% per week, using .15 risk factor with, sequentially, three different brokers.
I am puzzled with the various complaints. What I seem to be seeing is, some of these folks don't read the manual.
One person was ticked because the Megadroid folks told him they were going to start enforcing the one live account per license. The plain facts are they had allowed him to cheat all this time and were now going to put a stop to it. Read the manual!
Somebody else was all upset about the occasional large loss. If you can't see the long view, get out of Forex.
Another person wondered how to make the robot double up after a loss.
Read the manual!
One last thought. Match the robot to the broker... |
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nik, Riga, Latvia
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| Date of Post: | 2011-07-07
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Review:
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Don’t know why so many negative reviews. MD some times could loose and loose hard but this is one of the really working robots. Yes it could chop off all your profits for 2-3 month but this occurs about 1-2 a year and overly turns into profits. |
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