We haven't tried the forex robot from Forex-BlackPanther.com. If you've let this EA trade forex for you, please leave a review here.
Buttonjock, Newcastle, Australia
Rating:
Date of Post:
2010-07-19
Review:
Tried both versions of this and the results were simply consistently disappointing. I requested a refund and they changed my request to a tech support offer, which I declined. Two weeks later I got a message saying I hadn't actioned my request; it was still a tech support request even though I'd declined. Not much else to say except I eventually got my money back.
GH Lim, Malaysia
Rating:
Date of Post:
2010-06-07
Review:
Earlier, I reviewed this software with quite a negative rating. However, I found out that this robot cannot be left to run fully auto. In my 3 demo account which I left fully auto, the account were wipe out. For the live account which I monitor and manulaly intervene, I am having 60% profit since May. Hope there will be updates that will be able to let the software trades fully automatically.
The service is great. I get responded usually the next day due to the time difference.
Deserves an upgrade to 3 stars.
2010-04-07 01:13AM 2 Stars I have started using it the first day it was released. So far, I am not too happy about it. In March, I lose $92 and into April 6, I have lose another $221 so far. I am going to give it a try in my demo account for another 2 weeks. If it continues to perform below expectation, I am going to get a refund from them.
tlwatchman, Mississippi
Rating:
Date of Post:
2010-04-13
Review:
I had an earlier review that was favorable. The first trade was good and I had another good trade, several trades later.
Well, after having some installation issues, I was finally able to set it up to run for a longer period of time. After 3 days of trading, my account was 30 percent down.
Almost 40 percent more losing trades. And the losing trades were rather large. Can't see the money manager working. Also got several double and triple buys.
I had good service. Cannot complain. I like the folks. They were great to work with...but in the end, the product, like so many ended up on my junk heap. I regretted having to get a refund, because it did several trades...but most were losers.
I give this an average rating, only from the standpoint, they had good service...the product just did not perform and I really had hopes for this product.
I started trading with Black Panther on a live account on 3-24-10. I currently have it working on 4 currency pairs and in 8.5 trading days it has made me over $1900 (on a $1400 account). Black Panther has made some large drawdowns but always seems to finish in the black.
Hans, Sweden
Rating:
Date of Post:
2010-04-01
Review:
Minus 12 % ($ 121.89) first week in real account of $ 1000,-, basic settings. I´ll give it one more week to see how it works out. But it seams to be the same BS as almost everyone else of this EAs flooding around...
Alain, canada
Rating:
No Rating
Date of Post:
2010-03-24
Review:
im try black panther since yesterday demo account ....gbpusd
set it up and already 2 trade + i try fapturbo kept it but alway small return in live account micro account (now try with 50 update ) , lmt returned ,forex ripper return , torpedo in test ,like you see i test and im a newbi , black is the first one that working so fast didnt have to wait 3 day to see something
11893585 2010.03.24 06:53 sell 0.18 gbpusdgfx5 1.49701 1.49501 1.46695 2010.03.24 13:58 1.49001 0.00 0.00 0.00 126.00 and already open a new trade doing $ 90 + to me it look good try micro account next week. if dont see negative return demo galland fx live account on jadefx
Filippo D'Asaro, San Francisco
Rating:
No Rating
Date of Post:
2010-03-24
Review:
I got the robot the first day it was released because I was very interested in its P.E.T.E and M.P.D.A. software, plus it had a strong focus on money management which I like to see in an EA. I already had an account with their recommended broker, BeamFX, so I installed the robot last night. Today (March 24) it closed a sell trade on the GBPUSD H1 for a profit of $286.80 (with my approximately $5000 live account). While this is only the 1st day, I am very excited as this is a great start for the robot. I will keep this review updated for the weeks ahead.
-Filippo
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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Disclaimer and Risk Warning. Please read.
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.
Disclaimer All information posted on this website is of our opinion and the opinion of our visitors, and may not reflect the truth. Please use your own good judgment and seek advice from a qualified consultant, before believing and accepting any information posted on this website. We also reserve the right to remove, edit, move or close any post for any reason.
Advertisements Warning Advertisement links are displayed throughout the site. Some pages in the site may contain affiliate links for products. These advertisements and/or links do not reflect the opinion, endorsement, or concurrence of this website or affiliated parties. The FPA's reviews are never influenced by advertising. Some ads might contain potentially misleading and/or unbalanced claims and information that may fail to disclose risks and other important considerations involved in speculative trading.
Spammers be Warned If you spam the FPA's forums or reviews, we reserve the right to edit your post in any way we please to make fun of you. By spamming us, you agree to any edits we make and to take no legal or other actions against the FPA or its associates for anything we do to or with your spam.