ForexTorpedo.com Review

Not yet rated
1 • 1 REVIEWS
Out of business Steve Michaels
Updated: Apr 13, 2022
ForexTorpedo.com
Out of business

ForexTorpedo.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Torpedo -0.58 138.7 -55.142
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1 • 1 REVIEWS

Recent User Reviews of ForexTorpedo.com

K
Kenneth Nairne
Plymouth (UK),
Apr 6, 2010,
Guest

I wouldn't rate the fxtorpedo, I have just got my refund back for both the standard and the advance system.

I've ran it on both the demo and live account and i've lost money on both. I had to stop using it other wise i would have lost everything.

Not worth the money. I would advised anyone thinking obout buying this software not to bother, it's a waste of money.

Plus, I had to go through Clickbank and Paypal to get my money back. Customer service is ok until you try to complain about the software, they don't bother reply to your email. The only time i got a reply is when i told them if i didn't here from them within 24 hours, I was gonna submit a dispute with paypal, I got a reply then.

Anyway, I got my money back.
A
ahab
Austria,
Apr 6, 2010,
Guest

Hi, i am using the advanced system and it lost some 10 000 units on a 100 000 units demo account till now - at the moment i am not sure if i go for a refund.

i have received the same letter about the wrong lot size calculations - but no word if and when that error will be corrected - no reaction by the support team till now .

as described above - there is no revolutionary new technology in that EA and the upselled ones (advanced) behaves quite like the standard one it just adds up another pair so :( - take care folks ...
K
Kenneth Nairne
Plymouth (UK),
Mar 23, 2010,
Guest

I purchase the Forex Torpedo on the 14th March 2010, I first set it up with my demo account to see how it perform. I must admit, I was impress with the demo ferformance, but I really want to see how well it perform live.

I went live aprox 12.oopm GMT London with a small deposit " of course I wasn't going to give then too much of my hard earned cash". Initially it started off very poor, I thought; here we go, I'm gonna lose everything. It started trading on Courency Pairs that was doing pretty poor on the market, so I wasn't impress.

However, in the past couple of days, things started to get better and I was crawling back some of my losses, and whilst I'm writing this I'm just a few pence away from my initial deposit.

Over all, the Forex Torpedo is performing pretty well, and I'm enjoying watching it at work. I won't, however, rate it just yet; I'll give it another week or so to see how well it perform and then i'll give it a rating.

Ken