fxpromaker.com Review

FxPromaker is a Scam!

1. The EA's are poorly written Martengale strategies that are
guarnateed to wipe out your account over time.
2. The test EAs will appear to work for 1-2 weeks in a trial but
in a real live account the EAs will have HUGE drawdowns
every time a market moves in a strong trend
3. One BIG RED flag for this company if they offer no refunds
because they know that all of their customers would ask for
one
4. I was charged twice for the software - I have 2 transactions
on my credit card statement. I contacted their customer
support and several days later they told me to check with
their credit card provider.
5. Bottom Line:
Useless product that DOES NOT WORK
POOR, Slow and Rude cusotmer support

Avoid this product !!!!


Robert

With respect to my last post on FX Promaker not sending the live EA to me. They replied and sincerely apologised for the delay, which they say was due to some technical problems. It was sent immediately and even got a bonus of having the ea compiled for 2 of my accounts. So all is sorted out

2010-08-19 04:28 1 Star Well I do not want to conclude I have been scammed by this company. I paid for the FX pro advanced all pair package($571), 2 weeks ago. Thier support replied after the first day and sent me a demo package and said I should give them the broker I want for them to complie the live ea to. I have done so, Uptill now (2 weeks after) the live ea has not been sent to me.and nobody has reponded to my message sent over 6 times within the period. I really do not know what tho think whether it is just bad customer service or just a scam. Please advice

We are using this EA for the last 4 months on usd 100000 a/c. We run 4 charts @ 25000 each starting at 0.01 lot
so far we are making about 236 usd a day which works to about 4500 - 5000 per month. We have found this EA to work very good with. Of course we use it as follows:EURUSD, GPBUSD,USDJPY,USDCHF

I have use this system since sept 2008 until this week where i have loose my money twice about 20 % even with recommended low risk setup (i.e 0.01 lot for 10k). I dont recommend this system to any body.

they are really bad EA i run this EA on account with 45 k and as they told me in the manual i didn't change anything only one pairs and starting with 0.10 they EA make profit until the account reach 57k in 2 weeks and in one day i lost all the money in the account with the same setup nothing change so i extremly warrn every one from this EA and i can show any one my steatment

This EA is quite efficient if u keep it @ 0.01 lot and i add a stop loss of 280. I've being trading life wit it and so far no complains.

Hi Guys,
I was sent the demo hardly 24 hours ago and set up a 5,000 demo account and set the lot size to .01 (micro). I left everything esle the same and applied to a M15 USDJPY chart. It appeared to do well for about 20 hours...made about 80.00. Thought not bad for a mocro lot. But I hardly had got the words out of my mouth to a friend telling him the real test will be on a strong swift move. Yep, got it a short time ago and completely wiped out the account...down -4,850. So unless you are expecting congestion or range trading for the rest of your trading career, you better use extreme caution.

This EA in the website deleted the losses trades & let the profit trades, so the result looks good.
Please read carefully the statement in their website especially Standard Setting for USD/JPY for 0ctober 2008. The trade just till 0ctober 22, 2008 and there are no any trades after that. Why? because Den (the author) deleted the losses trades. At this period (0ctober 22-24, 2008) the USD/JPY move in 1,144pips and this EA got Big Losses but not appear in the statement.
I've been tried the EA in Demo from Nov1-30, 2008 and got Big Losses in Nov 12 since the price move in big range.
The conclusion is they are lying with the statement report in their website, and the EA have bad performance nor as claimed. The Statement Report also only DEM0 not LIVE Account.

sofar great results on FXDD, MIG, IBFX and very poor results Alpari same setting same computer

i've been using this ea for more than 3 months. This ea is all about money management and just like any other automated system, you can lose money if you do not apply proper money management. On an average the system generates 8-12% monthly using only the usdjpy pair with the recommended settings.