ForexSensation.com Review

2.618 • 7 REVIEWS
Out of business
Updated: Apr 13, 2022

Website says all copies sold out.

ForexSensation.com
Out of business
2.618 • 7 REVIEWS

Recent User Reviews of ForexSensation.com

B
Brian Jimerson
Texas, USA,
Jan 20, 2014,
Guest

Scam. Bought it. Tested it. It makes a couple winning trades and then loses 1 GIANT trade and rinse and repeat. I tried to get my refund for an entire 3 weeks, they refuse to reply to any of my 10 emails. I would really like my money back. Total scam. You can email me for all the details if you want.
R
Rob
Perth, Australia,
Dec 13, 2013,
Guest

I ran six demo accounts - one for each EA on each of two brokers, including their preferred one - for over four weeks. The result was a loss in four accounts and a loss overall. I can live with this since this is normal for most EAs. What I cannot accept is their refusal to honour their guarantee - they just want to argue and argue and argue and insist it is my fault because I haven't tried it long enough.
B
Ben
Bangkok, Thailand,
Nov 11, 2013,
Guest

I have purchased it - Incl. the up sell of the extended version (total 1500$ (but cash back of 40%). Upsell simply means also include the USD/GBP pair.

Using the recommended Tallinex I have been trading since 4th November. It trades rarely - even with the added currency pair - but that I do not see as a negative. It just shows it picks the best possible entry points.

My return over the first 8 days is about 2% - but have been down 4% so forget the results from the competition of tripling your money in 3 months. Those settings were very aggressive, and they do not recommend those settings - that was a "go for gold" setting (4 lots a trade on a $10k account!).

They so far had only 1 loss out of 11 trades - BUT that was a huge loss of USD 500, compared to profit trades in the 50-100$ level.
I.e. their stop/loss is 5-10 times bigger than their average Take Profit....

It trades about 1 lot pr trade and have only 1-2 trades open (if any) at a time on 10k account, so a more realistic target return is based on my calculations - and adding the GBP trades and couple of new strategies that they have included in latest update - probably in the 5-10%/mth range.

At this price 1500$, That means it COULD pay itself back in 2-3 months. There is a money back guarantee for 60 days (through clickbetter.com) so if it has paid for itself by then I will keep it - and if not - I would have given it a fair try - and request my money back.

Will update when have further!
G
Greg
, USA,
Nov 1, 2013,
Guest

I bought the EA. All I can say it does not Perform as advertised. They say use on a ECN broker, which I was using for 2 weeks on a LIVE account. It trades maybe once in 2-3 days. It bought contracts on EUR on the Major Downtrend, lost confidence.Requesting refund.
E
Eugene
Melbourne, Australia,
Oct 26, 2013,
Guest

Hi
I purchased the EA, but can not replicate Trades, robot has done
on the live account, with Strategy Tester.
A
Adam
London, United Kingdom,
Oct 17, 2013,
Guest

I saw this as a scam and requested investor password. Here is their reply

You go here to open fxchoice account: http://forexsensation.com/myfxchoice
2) Fill the forms with your data. Dont forget to choose "Forex Sensation" as correct acc type.
4) You will then be redirected to the page where you should click the link "Download your MetaTrader4 now".
5) Install downloaded Metatrader4 and run it
6) When it will ask you to login enter these details:
Login: 23203
Pass: ab23fp45
Server: FxChoice-ECN Live
(You can clearly see there the trading was LIVE and not demo simulation)

7) After login go to "Account History" tab on the bottom of the screen and click it
8) If you see History only for October, simply right click on it and choose "All History" too see FULL Trades, not just october


Seems legit
R
Rod Stevens
Melbourne, Australia,
Oct 17, 2013,
Guest

Tried to buy Oleg Zs thing. Latest shiny toy. Paypal is offered but is not accessible. email asking for a link was ignored. $1000 later I'm offered an upgrade to the full improved program for an extra $500. Now I can't download the application without opening an account with one of their brokers. Less than impressed. More if I actually get & use the thing.
A
Anand J
Bangalore, India,
Oct 9, 2013,
Guest

Hi to all, I'm familiar with various metatrader EAs and MQL4. Even though I havent submitted an entry myself, I've been following this competition with great interest right from the start.. and the robots that have emerged at the top of the list are worth looking into. So far so good, I'll be keeping my eyes on it and tracking the progress
C
Christian Pakulski
austria, Austria,
Sep 28, 2013,
Guest

hey, my name is Christian Pakulski. i joined th championship. I have 3 years of cumulative Forex and binary options trading experience. 2 years of creating trading systems in MQL4 and MQL5.

I decided to submit my EA JJcasino

Looks like i am not going to win it, other guys are more profitable than me but i like the idea to be in the top 10 of the best developers. thanks for the opportunity.
My current Balance:
$10,440.15
I will improve my EA next year to make it better!
O
Oleg Zadorecki
Riga, Latvia,
Sep 24, 2013,
Guest

I joined the championship as a contestant. Eager to watch my bot's performance against its competitors.