NextGen-EA.com Review

good service and support.. service offered is priced well considering the level of support and trade system provided is good. I cancelled my vps as this has it built in to service cost.

From the results page you would think that this system is great. However what they don't tell you is the huge drawdowns that you face. Since joining early May, I have positive trades closed to the amount of $162.51 but the drawdown currently sits at $578.29. Panny closes trades with approx 5 - 20 pip profit and he lets his losers run until one day by accident, fingers crossed the trade comes back into profit. I am currently sitting on 1,102 pips in the negative, some trades are over 300 pips in the red. This will continue until your account runs out of margin and you will lose the whole lot. Nice on Panny.

Im working with Nextgen for 3 months
In the begining i thought that it was like other ea s
But this is different
This is very good
I think the best .. i tested a lot believe me
And what i love the most is .. he cares About his buisness , sunday saturday in the evening he always answers .. very good service
I hope and expect that he Will make money all the time
Sahin

Panny from nextgen ea, has improved a lot.
my previous reviews can be ignored.
as of this moment all his trades and track records are verified. so there is nothing to worry about.
if you have any problems, its best to contact Panny first and find out problem and solution.
as of this moment I am still trying out his service and will report back in a few months.
everyone deserves a second chance, and sometimes they learn from their mistakes and make is a success, just like Panny and myself.
I advise everyone to forget my previous reviews and give it a trial.

Jan 29, 2017 - 1 Star Panny is being dishonest. he has accused me of being a competitor....LOL...
yet soon after I left a review, he received another bad review from someone in America, and now anyone that accuses him of telling lies will be accused of being a competitor...

there is no 100% transparency in his results.....a big lie... I think its best for forex peace army to test his service and find out themselves....

I know what lot size I used.... yet drawdown had gone over 50%, just like the other traders have complained about.

when the big drawdown happens, somehow, Panny goes very silent, and his webpages fails to update to show big losses...!

win or lose, Panny is not being honest....! had he been honest, why would I complain....no trader is 100% correct.

contacting panny, will not get you anywhere, first show us proof for Norm Abbott for who you supposedly made double profit on his $20000 investment.... give the investor password and login on this very website to prove you are genuine...

to all other people thinking of joining, please question him, on why his track records and trades are not verified on myfxbook..... suspicious... this is largely due to hidden drawdowns.
and before joining, get him to show you the last 6 months record of trades, not 1 or 2 weeks of lucky trades....for this he must provide investor password...
this is the last I will write about him and wish him the very best of luck, he needs it, to support his lack lustre investment/signal service....


Jan 18, 2017 - 2 Stars the recent review by Norm Abbott, looks very suspicious to me, he seems to be directly connected to panny.

Norm Abbott mentioned that he displays all his results.....well no he does not.
if you go to myfxbook, you will say that his trades or track records are not verified, a true professional trader will have trades and track records verified.
another issue, he keeps most of his trade history private??
he might say others will copy, but you will not get same entry points... and many traders display these results

for example, today on 16th January 2017, he had over 6 trades opened, and 2 of them were over 2000 pips in loss each. so basically if you did not have enough funds to start with, today would be the day your account blows up. the trend kept going down and panny did not close them.
i had to manually close all trades today
so with someone as Norm Abbott who has over $20000 in his account, its no problem..! however, some one who has under 1000 dollars, you would have been in big trouble.
and if you are really genuine, Norm Abbott, then give us investor passwords to verify this profit from your accounts,!!

i have given one more chance, and will continue to trade until end of month if funds permit!!
i did make double profit the first week, however, the trades from today have eaten all of that....



Oct 22, 2016 - 2 Stars when i initially joined up, everything was good, had some good and few loss trades.
however, on the 26th september, all trades were very bad, and we lost a substantial amount of money.
to add salt to the wounds, PANNY the master trader did not show these trades on his statement, and his statement the following week showed profit for future trades and he totally ignored the losses.
now i dont mind losses...! but when i contacted panny, he said you cant win all trades, which i already knew..... my question was why he did not display losses,.... to which he replied that it would not attract customers!!!

my strong advice to all that are thinking of joining, do not have a 'lot size' of more than 0.1, because you will have big loss at some time, which he will not disclose, and keeps very quiet for a few days.

i cancelled my service, and will not join someone who does not fully disclose big losses.
i have my transaction record to prove all of above!

Reply by Panny submitted Dec 18, 2016 Many thanks for your comments and as previously mentioned i am sorry you felt this way. i do recall the conversation you mention and yes i did say that me highlighting losses would discourage new members from joining - i fully understand why you would have felt this way however at all times the balance of my trade copier account was available and published which would clearly indicate any loss from previously published reports - as a result members now have several advanced options for tracking all movements within the copier account which are mostly automated and done by a third party service. i have no intention of hiding anything and fully believe that my systems work well for many clients and i encourage members to understand that trading should be a long term investment over months and years. the strong advice you give for members to have 0.1 lots is completely misleading as this can only be decided once a full risk management calculation has been completed, at no point can a lot size be considered without full knowledge of equity/risk. this comment highlights the lack of understanding on your part on lot sizing. this is and always has been something i spend a lot of time going over with members with use of help sheets and live chat assistance. i make it perfectly clear that there are no guarantees and that professional financial advice should be taken if in any doubt - The biggest problem i face is members with unrealistic expectations on what can/might be achieved using either my or any other signal service. i welcome you to take a look over the changes that have been made to the service. i provide far more data than most services similar to mine and am available for chat support most of the time.

Reply by Nextgen-ea.com submitted Jan 24, 2017 To say that you are a million miles from the truth would be an understatement, to say that you are mistaken about my verified status would be completely correct and to say that you over traded your lots would also be true. the size of your account matter not, your lot size is all that matters. a 500 account and 5000 account can achieve the same draw down and profit/loss if the correct lot is used! as i have said before i can not be more open without giving the entire service away for free - its all their in black and white, VERIFIED RESULTS WHICH ARE IN PROFIT! their are no dodgy reviews here, the only trader who need provide investor access is me and i will do that at anytime and to any person who is interested.

again i have had no contact so i suspect this is an attack from a competitor, given that almost 100% of the review is based on lies - i invites anybody reading this to view my accounts, request investor access or even contact me directly. i am sorry if you have sustained a loss, i have not at any point on the copier accounts and neither have any long term members using the correct lot size for their account. currently the copier is at 24% profit with 13% draw down floating over 7 weeks of trading the verified accounts on show.

Complete transparency of trades does not exist. NexGen only post trades that are successful. Does not keep paying customers informed of how trades that go into drawdown are going to be dealt with, If complete transparency of trading activities were provided to paying subscribers and timely updates on how large drawdowns were going to be dealt with, than the service would deserve 5 stars.

Positive & Profitable Experience – Moving Forward with My 2nd Month

After my first positive and profitable month with Panny and Next-gen-ea, I am compelled to publicly share my experiences and results. First, a little about myself. I entered the world of forex trading in 2016 as a person with no previous trading experience. After opening a MetaTrader4 account and taking forex trading school classes through babypips.com/school, I began my forex trading adventure. After losing more trades (and money) than winning, and not having a lot of free time with a full-time career to invest in developing skills and strategies for successful forex trading; I began google searching “forex personal training”. That search led me to discover forex copier trader providers and eventually nextgen-ea.com. Prior to signing up with NextGen I read the reviews here on Forex Peace Army and considered the reviews. Based on the small monthly cost of the NextGen service and that I retain control of turning on or off the Copier Pro at any time, got started.

On January 16th 2016 got signed up with the fully automated and hosted Copier Pro trading option with my MetaTrader4 account balance of $20,000. Panny took time to discuss his conservative trading strategy and suggested that I start with trading lot Size of 0.I0, I wanted to be a little more aggressive so I started with a lot size 0.25. As other reviewers noted, I observed that many of my open trades grew in the negative, and that worried me. However, by the end of week one and only two trade losses, I had a net profit of over $600. Without consulting Panny, I increased my trading lot size to 0.50, and more than doubled my net profits.

I do not understand one reviewer’s comments about Panny not showing all his trades on his statement. The great thing about Panny and NextGen is he uses a third-party Trade Replicator (4xsolutions.com) to host, control, edit and record all trading activity. I confirmed with 4xsolutions that all trades performed by NextGen are recorded, and this has been consistent with my MetaTrader4 stats.

After two positive and profitable weeks with NextGen, I increased my trading lot size to 1.00, and then after week three I increased my trading lot size to 2.00 even though Panny warned against this. I respect Panny, but with the ability to watch my Free Margin and edit my trading lot size at any time, I chose to be aggressive anyway.

My first full month with NextGen has ended, and I am looking forward to my second month starting with a growing account balance of over $59,000. Now, I have to admit that I have been doing some trading on my own as well, and I have had a positive net profit with my personal trades. But I give my credit to my trading success and growing account balance where it belongs. Thank you, Panny.

To assure you that my review is legitimate, I am providing my personal Skype address: norm-abbott. I invite you to contact me, and chat by text, Skype call or Skype video. I am not here to convince you or sale you anything except that I am a real average person who has experienced above average trading results with Panny and NextGen.

I have been trading the currency market for several years and have tried several different signal services and software. NextgenFX is by far the best I have seen. Not only are the signals consistently profitable, Panny is extremely helpful to resolve any situation that may arise.

I would fully agree with honesty it,s not something that Panny practises too much honesty that is .Yes, i had the same experience of a terrible week and yet somehow this was portrayed as being a great week.I cancelled.Yes i was using 0.1 lot thank goodness.However to give credit where it is due he does have some good trades but not enough for me.Thanks, Mike..

i have found this website to have some very good tools and systems, its free which is what is great as this person clearly wants to help traders succeed!

i recommend you check it out, its helped me tremendously

thank you panny for your time and effort

Review Moderation Team Note: 5 Star Rating removed.

This review did not come from the USA. This review was left from the same UK location that Panny Philippou of NextGen-EA.com used to post to the forums. Panny even made a forums post on the same day from that location.

Per FPA policy, the rating on this review has been set to Zero stars.

The FPA does not appreciate review spammers.