ForexMaximizer.com Review

1.536 • 12 REVIEWS
Out of business Kevin Long
Updated: Apr 13, 2022

Website is closed.  Company seems to be out of business.

ForexMaximizer.com
Out of business

ForexMaximizer.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Maximizer -0.56 130.1 -52.143
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1.536 • 12 REVIEWS

Recent User Reviews of ForexMaximizer.com

M
Marc Haldin
Salt Lake City, UT,
Aug 22, 2010,
Guest

FOREX Maximizer is a ripoff! It does not take trades! I have also asked Mr. Kevin long for my money back, as his guarantee states, over a dozen times and they just ignore me. Kevin Long is a scam artist! Avoid any product he is associated with like FOREX Shockwave It will also be a ripoff!
S
Steve
Nashville, TN,
Aug 4, 2010,
Guest

Bought Maximizer months ago. Lots of trades balance never went positive.

In July, Kevin Long offered to provide 10 free Robots with purchase of Forex Legend. He NEVER sent the free robots and has no email to reach him. Sent the complaints multiple times through Clickbank and Legend and neither has a way to reach him. He obviously just uses people.

On the positive side, Forex Legend did not want their reputation tarnished and did offer some upgrades to try to make things right.
B
Buttonjock
Newcastle, Australia,
Jul 18, 2010,
Guest

Neither EA traded very often, the advanced version in particular had about an even number of winners and losers, however the losses were way bigger than the wins
P
Paul UK
England,
May 25, 2010,
Guest

I contacted support on the 12th of May as I had no trades. I still have had no trades OR CONTACT FROM SUPPORT. So, I have asked for a refund; the only reason I went for this was that it had been sent via Megadroid team - disapointed
C
charlie
michigan,
May 22, 2010,
Guest

All i can say not worth the time.No support and trades are nothing like their wonderful screenshots. Moves s/l on a winning trade after a move of 40 to 45 pips will set s/p 30 profit which for gbp/usd they way it moves means it pretty much closes all trades at +30. which would be good except they all hit their target. It lets all bad trades go lost 205 pips on the gbp/jpy. Then it entered a sell on it but closed it out on 80pips but the pair fell what 600 pips easily would of made the t/p of 200 like it had set. My conclusion what a wonderful bunch of hand picked screenshots it shows, but it does not trade anywhere near those screenshots. GOT MY REFUND TODAY.
C
CraigFX
USA,
May 21, 2010,
Guest

I'm glad they have started testing it on here. I can compare the results to my live account. I purchased and started using the EA on 5/13/10. So far I am very happy with it. For the week of the 16th I had 14% account gains on +188 pips. Since 5/13/10 I have had 6 trades. 5 wins - 1 loss. I did manually close out my last trade on Fri 5/21 at close of London market. Since it was my first full week I didn't want to have an open trade over the weekend. Maybe I will let it run if I am in the same situation next week. Back test results are very close to my live trades so far, although I have limited live testing results. According to how much you believe in back test results, the EA has been making consistent profits for the last 12 months for a 350% gain with out adjusting lot size. The 8 months prior to that, it pretty much broke even, made some nice gains only to give them back. After checking the dates I noted that this 8 month period was also the same time of the stock market crash. About 3-4 weeks after the stock market hit bottom, the EA started its nice run. The EA seems to make about 1 trade a day on average. Downside is that it can only be traded on GBP/USD 1 hr chart. I also purchased the Advanced EA which can only be used on GBP/JPY 1hr chart. Back test results on the advanced EA are terrible and I did not like it at all. I did summit for a refund with clickbank, and received it the next day. For those having trouble with the EA's and can't get support, go directly to clickbank and you will get your money back. I would give it 5 stars, but since you can only trade 1 pair on 1 time frame I will give it 4 stars. If someone could modify that it would be great.
V
Vrede Kirsten
South Africa - Pretoria,
May 21, 2010,
Guest

Forex Maximer and Advanced version, worthless misleading software. Not a single automated trade, had to trade manually on both. I have been doing that for some time, without having to pay for it, will continue trading manually. Will ask for refund within the next day or two. I have purchased several robots, of which most is useless, with the exception of two.
P
Pipster
USA,
May 21, 2010,
Guest

Backtests can help me to adjust settings to get EA working. Maximizer looks great 2007 2008 2009. It never lost more than 3 trades. I tested it on 4 different brokers and it doesn't work good on NFA regulated brokers. I use only GBPUSD because GBPJPY looks bad in backtests in any dates.

I paid only $77 for both Maximizer and Advanced but I don't use Advanced. How? I just use back twice then I got 20 dollars discount and declined offers for Advanced then still got it.
J
JC
Omaha,
May 21, 2010,
Guest

Do not put real $$ on this Pony. Have been running on Demo since May 12. Combined Basic and Advanced have lost $446.42, trading with default settings and at $1 per pip.

Just another highly marketed EA that will drain you financially and emotionally.

Repeated support requests have not been answered.

Thumbs down on this one.

Will run another week to validate the poor results so far.

Looks like I will be visiting the Refund Window soon.
R
RedAce
Phoenix,
May 21, 2010,
Guest

I bought it this week. Put it in a demo account. It hit 50/50.
Nothing spectacular!

I wouldn't buy the BS about the "advanced" EA. It never performed. I got a refund on that!