ScalpingEA.net Review
1 •
2 REVIEWS
Out of business
Updated: Apr 13, 2022
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Website is down. Company seems to be out of business.
The company doesn't sell the EA but runs clients' accounts on purchased VPS and charges a percentage of any profits.
Out of business
ScalpingEA.net Performance tests
| Status | Account | Product | P/L Weekly,% | Weeks tested | P/L Gross,% |
|---|---|---|---|---|---|
| Scalping EA | -1.1 | 7.8 | -8.243 |
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1 •
2 REVIEWS
Recent User Reviews of ScalpingEA.net
S
Steven Van Ingelgem
, Belgium,
Sep 12, 2013,
Guest
Don't ever buy anything from this person! It's overpriced, and underperforming... A lot!! I learned that the hard way...
I tried it because he said there would be a 60 day refund policy. So I thought the only risk I had was to loose the money in my account.
Well, I wanted a refund after the EA got rid of 25% of my account in under a few days (250 -> 190).
As soon as I sent the request for a refund, the seller never replied anymore... So, money wasted!
A lot of options in the EA just don't work, they are there as an option, but the EA is not adhering to them. For example you can set a maximum spread... Just doesn't work. It trades always (my spread was set at 0.3 pips -- even trades at 2 pips). There is a start and end hour, doesn't work. It trades outside them no matter how you think of the time (local system time, broker time, gmt, ...).
On to the EA itself:
* On backtesting over the last year the EA killed my whole account. Both in 'normal' and 'reverse' mode (reverse mean you sell when the EA says buy and vice versa).
* The opening position in itself is quite nice in fact. Nearly always on a peak or a bottom.
* But the worst thing of all is that the EA closes the position exactly after 3 minutes... (configurable). That's just a plain stupid rule. There is no logic in exiting the market.
And my normal account was blocked from writing in this thread!!
Pretty likely because of the reason that this person doesn't want any unhappy people reporting him for what he is: a scammer.
All in all: don't ever go into business with this scam!
I tried it because he said there would be a 60 day refund policy. So I thought the only risk I had was to loose the money in my account.
Well, I wanted a refund after the EA got rid of 25% of my account in under a few days (250 -> 190).
As soon as I sent the request for a refund, the seller never replied anymore... So, money wasted!
A lot of options in the EA just don't work, they are there as an option, but the EA is not adhering to them. For example you can set a maximum spread... Just doesn't work. It trades always (my spread was set at 0.3 pips -- even trades at 2 pips). There is a start and end hour, doesn't work. It trades outside them no matter how you think of the time (local system time, broker time, gmt, ...).
On to the EA itself:
* On backtesting over the last year the EA killed my whole account. Both in 'normal' and 'reverse' mode (reverse mean you sell when the EA says buy and vice versa).
* The opening position in itself is quite nice in fact. Nearly always on a peak or a bottom.
* But the worst thing of all is that the EA closes the position exactly after 3 minutes... (configurable). That's just a plain stupid rule. There is no logic in exiting the market.
And my normal account was blocked from writing in this thread!!
Pretty likely because of the reason that this person doesn't want any unhappy people reporting him for what he is: a scammer.
All in all: don't ever go into business with this scam!
G
Gary W
Harare, Zimbabwe,
Mar 8, 2013,
Guest
Used their EA for a week and I must have lost about 20-30% in that one week. Afterwards, I told them that I would like a refund, as their website said that they would grant a no questions asked refund if the customer is not happy. They then said that they would give me my refund last week Friday, 01 March 2013 as they were waiting for their bank to process the money. It is now over a week and I still have not received my money back.