Forex-Megabot.com Review

1.27 • 4 REVIEWS
Out of business
Updated: Apr 13, 2022
Forex-Megabot.com
Out of business

Forex-Megabot.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Megabot +1.05 70.2 +108.682
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1.27 • 4 REVIEWS

Recent User Reviews of Forex-Megabot.com

J
Jason
California,
Jul 24, 2011,
Guest

I bought the software a few months back. It worked but took large loses which kept my account at a break-even-point.

About a month ago software stopped working. Email support, no response. Also noticed the website is down.

watch-out!
L
LOUIS L
TORRANCE, CA,
Jul 20, 2011,
Guest

THIS IS MY FINAL UPDATE ON THIS TURKEY!!!

AFTER RUNNING THIS EA FOR OVER 4 MONTH ON LIVE ACCOUNT (MICRO, THANK GOODNESS), I AM DOWN OVER
100 PIPS - DELETED IT FROM MY ACCOUNT.

2 TO 3 PIPS PROFIT A FEW TIMES, THAN A 50 PIP LOSS -

SEE NO PROFIT POTENTIAL AT ALL.

LOUIS

2011-05-12 Star 2 HELLO FELLOW FPA SOLDIERS!

I AM RUNNNG THIS BOT NOW FOR ABOUT 2 MONTH AND WANT TO LET ALL FPA SOLDIERS KNOW THAT ITS PERFORMANCE IS DISMAL AT BEST.

AVERAGE WEEKLY PERFORMANCE IS + 1 TO 2 PIPS ON 1 OR 2 TRADES
ONE TRADE WENT A LOT NEGATIVE, SO FOR 2 MONTH WORTH
OF RUNNING, I HAVE ABOUT NEGATIVE 12 PIPS.

CURRENTLY NOT WORTH BUYING.
C
Clinton Clock
colorado,
May 13, 2011,
Guest

It seemed to work great until until it had a massive draw down and wiped out all my gains and then some, I would never put it on an active account. They do not stand behind there guarantee.
C
Consumer
USA,
Feb 10, 2011,
Guest

Customer service? They will not respond, tried emailing them every day for 2 weeks, no response. No trades taking place
D
Dewey
Tampa, FL,
Jan 13, 2011,
Guest

Just adding on to my previous review. This one is a winner. I have not hit a stop loss yet. It is a steady performer. I use this as part of a basket of EA's.

You do need a good broker though with a tight spread.

2010-10-16 5star I have had this EA for about a month and it performs pretty much as advertised. it only makes about 4-5 trades per month, but each one has been profitable. Stop losses are not as big as most scalpers, so your risk is not as great--it won';t wipe out all your earnings with one or 2 bad trades. I use Collective FX as my broker--I would recommend using this with an ECN broker with tight spreads during the Asians ession for best results.. Since it doesn't trade often, you can use this with other profitable EA's. Considering it's price, customer service and performance, I am giving it 5 stars.