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We haven't tried the forex EA from ForexApocalypse.com. If you have, please leave a review here.
Update 2009-09-22: The FPA has begin a performance test of this EA on a demo account. Please click the link towards the upper-left side of this page to see the results
NOTE: This EA doesn't seem to be trading. A note has been sent to their support department.
Peter, Adelaide, Australia
Rating:
No Rating
Date of Post:
2009-11-19
Review:
Sean, I asked them for proof of their claim that it will turn $3k into $170k and they sent me their MT4 report. Trouble is, those figures are based on trading lots of 7.0 which is huge risk. One bad trade and you're cleaned out if you have a small starting bank. In fact, that "one wrong trade" happened a few weeks ago. If you check out the FPA's EA testing area, you'll see where it happened - exactly the same result on my demo account.
Sean, Sugar Land, Texas
Rating:
Date of Post:
2009-11-03
Review:
Been using it for 2 weeks on the M1 time frame becuase they say that will make it trade more. I guess if by more you mean not at all. Im a patient person a I know this robot takes time, but this is just ridicolous!
Dont buy the advanced system either, they make it look like its an advanced system for the robot but its not, its just some idea you have to do manually. They said they would refund me, havent gotten the money yet but im hopeful.
Also, look at their statement for the $3000 account that turns into $170,000, its very fishy. Look at the bottom where it show $3,000 intial start up, then it show Profit/Loss as $119! Then the balance show $170,119! Does that make sense to anyone? It looks like they just deposited the $170,000 and made a $119 profit over 14 months.
I hope this isnt a scam, but so far Im not feeling to good about this investment.
I would not recommend buying this product until they can prove it is actually trading.
DONALD R BYERS JR, TENNESSEE
Rating:
No Rating
Date of Post:
2009-10-16
Review:
PAUL I HAVE LEARNED THAT WHEN YOU DOWNLOAD THESE ROBOTS AND SYSTEMS TO YOUR DESK TOP YOU HAVE TO RIGHT CLICK ON EVERY THING YOU DOWNLOADED TO YOUR DESK TOP AND CHOOSE PROPERTIES THIN AT THE BOTTOM OF THAT WINDOW YOU WILL SEE A BUTTON THAT SAYS UNBLOCK PRESS IT THEN PRESS APPLY THEN PRESS OK DO THIS FOR EVERY THING YOU DOWNLOADED TO YOUR DESK TOP THEN AFTER INSTALLING IT WHEN YOU ATTACH IT TO A CHART THE PARAMITERS SETTINGS WILL POP UP GO TO COMMON AND UNCKECK EVERY THING ON THE RIGHT AND MAKE SURE ALLOW LIVE TRADING IS CHECKED THIS IS WHAT I DID AND THE ROBOT IS WORKING WELL IT HAS TURNED A 400.00 DEMO ACCOUNT TO 1,100.00 IN 4 DAYS I HOPE THIS WILL HELP YOU GOOD TRADING AND GOD BLESS.
paul, sheffield ,uk
Rating:
No Rating
Date of Post:
2009-10-07
Review:
ive had this ea for about 3 weeks and installed it on 3 demo accounts using the settings recommended,im still waiting for it to place a trade . i requested a refund and it was like getting blood out of a stone ,i submitted my refund request to clickbank and on 3 occaisions the sellers blocked my refund ,i tried again and was told i had to write to cutomer services giving them the unique number for this ea so they could dismantle it , i can understand them not wanting anyone getting a freebie out of them if the damm thing worked but as to date the worse ea i have purchased ,just a little warning to anyone thinking of purchasing this hopeless ea.
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all
investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in
foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign
exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Spam Notice. To secure your privacy FPA mailing list is maintained and all emails to FPA members are sent through AWeber Communications, Inc. with world stringent Zero Spam Tolerance policy. One click unsubscribe option is included in every email.