NoGridsEA.com Review
1 •
1 REVIEWS
Out of business
Updated: Apr 13, 2022
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Website is down. Company seems to be out of business.
Out of business
NoGridsEA.com Performance tests
| Status | Account | Product | P/L Weekly,% | Weeks tested | P/L Gross,% |
|---|---|---|---|---|---|
| NoGridsEA | -59.36 | 7 | -99.817 |
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1 •
1 REVIEWS
Recent User Reviews of NoGridsEA.com
Z
Zoltan
Los Angeles, USA,
Jun 17, 2013,
Guest
I HAVE TO STATE FIRST, I TRADED WITH THEM ONLY FOR A FEW DAYS AND I CANCELLED IT... here`s, why:
At the beginning, they were really nice, but the catch is with the $49 trial fee: you have to use their VPS service, they need your account's login info to set it up and I NEVER GOT ANY ACCESS TO THE VPS, NOR TO MY ACCOUNT ON THEIR VPS..... Weird, huh?
After first 10 days the monthly fee goes up to $240...
Whatever, i put $2000 on live acc according to them and i was excited... no martingale, no grid, vps for gratis, everything looks professional... Well.....
Day 1:
- first 4 trade opened on 0.14 lot size (on a $2000 acc?) at the same time, ok, it`s a bit agressive, but hey, let`s make money.....i mean, let`s flush it in the toilet, all 4 trades went down to SL and closed at 4 x $62.44 ~ $250... rest of the day, small trades opened (0.01 - 0.03 lot), small winners, small loosers...
Day 2 - 3:
- small winners / loosers, lot size from 0.01 up to 0.1, another ~ $30 loss after all
Day 4 (last day)
- day started with one trade on 0.5 lot!!, stopped out at -$129.. I sent an email to nogridsea to cancel my account and cancel the service asap.... nothing, no response. Another small trades started to open, but because i had no access to the vps, i couldn`t control anything. Same day afternoon i sent another email thru their website TO CLOSE MY ACCOUNT ASAP AND STOP TRADING... Answer? Nothing... Finally I closed the last trades manually and transferred the rest of the money to another account. ($1600). Still no answer from them, however, i didn`t even ask for a refund, just wanted to get out of this moneypit...
Bottom line: within 4 days, my account lost 20%, i don`t see any future with them, big lot size trades lose, small ones can`t recover... What's the point? No grid, no martingale? So?? Does it mean, they have a good money management? Not at all.
After the big drawdown earlier this month with myfxpedia.com (-1500 pips for me, -7000 to others who subscribed earlier in May 2013)), here comes another professional group with promises, promises and promises.... just look into their live accounts, they'll give you access to it - yes, it sounds cool, but it won`t show their actual strategy and won`t give you a true picture about the real facts and negatives...
As most of the times: stay away from promises / fatty myfxbooks and trade by yourself!!!
One more thing: Nogridsea sent my informations to their "partner" company, so I got an email from xxx about their investment portfolio and offered me to invest to them... Is it called scam?
At the beginning, they were really nice, but the catch is with the $49 trial fee: you have to use their VPS service, they need your account's login info to set it up and I NEVER GOT ANY ACCESS TO THE VPS, NOR TO MY ACCOUNT ON THEIR VPS..... Weird, huh?
After first 10 days the monthly fee goes up to $240...
Whatever, i put $2000 on live acc according to them and i was excited... no martingale, no grid, vps for gratis, everything looks professional... Well.....
Day 1:
- first 4 trade opened on 0.14 lot size (on a $2000 acc?) at the same time, ok, it`s a bit agressive, but hey, let`s make money.....i mean, let`s flush it in the toilet, all 4 trades went down to SL and closed at 4 x $62.44 ~ $250... rest of the day, small trades opened (0.01 - 0.03 lot), small winners, small loosers...
Day 2 - 3:
- small winners / loosers, lot size from 0.01 up to 0.1, another ~ $30 loss after all
Day 4 (last day)
- day started with one trade on 0.5 lot!!, stopped out at -$129.. I sent an email to nogridsea to cancel my account and cancel the service asap.... nothing, no response. Another small trades started to open, but because i had no access to the vps, i couldn`t control anything. Same day afternoon i sent another email thru their website TO CLOSE MY ACCOUNT ASAP AND STOP TRADING... Answer? Nothing... Finally I closed the last trades manually and transferred the rest of the money to another account. ($1600). Still no answer from them, however, i didn`t even ask for a refund, just wanted to get out of this moneypit...
Bottom line: within 4 days, my account lost 20%, i don`t see any future with them, big lot size trades lose, small ones can`t recover... What's the point? No grid, no martingale? So?? Does it mean, they have a good money management? Not at all.
After the big drawdown earlier this month with myfxpedia.com (-1500 pips for me, -7000 to others who subscribed earlier in May 2013)), here comes another professional group with promises, promises and promises.... just look into their live accounts, they'll give you access to it - yes, it sounds cool, but it won`t show their actual strategy and won`t give you a true picture about the real facts and negatives...
As most of the times: stay away from promises / fatty myfxbooks and trade by yourself!!!
One more thing: Nogridsea sent my informations to their "partner" company, so I got an email from xxx about their investment portfolio and offered me to invest to them... Is it called scam?
I
Iriana Medvka
italy, Italy,
May 28, 2013,
Guest
this ea, no working whit martinagales
or whit grids, FIFO is permit
and we have special program, for running whitout mt4
or whit grids, FIFO is permit
and we have special program, for running whitout mt4