EvestinForex.com Review

3.908 • 17 REVIEWS
Out of business
Updated: Nov 26, 2023
The EvestinForex MT4 EA is a forex expert advisor. The EvestinForex automated forex trading software for the MetaTrader platform places trades for you.

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

EvestinForex.com
Out of business
3.908 • 17 REVIEWS

Recent User Reviews of EvestinForex.com

O
Ok
Fin, Finland,
May 23, 2021,
Guest

Service use: Live Length of use: over 1 Year
Based on candlesticks engulfing and pin bar reversals which you can recognize by your self. This is not for real succesful traders.
F
Fergal
UK, United Kingdom,
Oct 28, 2018,
Guest

Reversal trading does not work!

Reversal trading does not work! I was very annoyed to find out that this is all it is. Waste of money.
F
Reply by ivoevestin submitted Nov 11, 2018:
We're sorry to hear that you are not satisfied with our trading systems. Reversal trading absolutely works as shown in live trading results with our systems that have achieved +73% return in the last 2 and half years.
But as any trading system this is not a holy grail and in order to achieve these results, the trader will need to endure drawdown and stagnation periods.
Our systems number 1 task is always capital protection and preservation with a maximum drawdown of -17% during this 2 and half year trading period. Returns come to does who are disciplined and persistent following one system and does not system jump.
P.S. Anyone can come to our site and verify these results.
D
DerkFX
Manchester, United Kingdom,
Aug 2, 2018,
Registered user

Poor results poor ethics

The performance was not extremely bad just bad. The one star goes to the possible unethical behavior. I made it clear that the performance on my account was down because of certain faults at the Evestin FX end and I asked for a partial refund to make up the difference. None was given. I ended up with about 4% gain on the account which was not enough to cover the fees. Without the faults (or with refund given) I may have been about break even. This was after a years trial.
D
Reply by ivoevestin submitted Aug 31, 2018:
In response to DerkFX,

The trader was having broker connection issues on his MT4 and still managed to earn +4% on his account! Pretty good going. Imagine the returns made if the trader did not have issues with his broker connection.

As explained to the trader, Evestin provides trading robots and VPS, we don't own or manage MT4 trading platform. Any issues with broker connections should be addressed to the broker directly. We have no control over this so we can't be made accountable for something that is totally out of our reach.
Still, as a goodwill gesture, we offered a free subscription extension to the trader which he refused and demanded a refund after 12 months of using the product and not logging a support ticket for the last 6 months.
B
Bard78
Devon, United Kingdom,
May 17, 2018,
Registered user

Not as expected, poor results

I am very skeptical of the reviews placed in the first few months of this service starting. The results were poor, not enough to break even actually. I gave it a year and quit.
B
Reply by ivoevestin submitted May 22, 2018:
Dear Bard78,

We're sorry to hear that your expectations were not matched. At Evestin Forex we're always open and transparent with our traders about trading results and managing expectations.
Furthermore, individual trade results will depend on the size of funds you trade with and the risk level per trade you choose.
J
JV
Sunshine Coast, Australia,
Dec 19, 2017,
Guest

EvestinForex is a great way to trade the Forex market

I have been using EvestinForex for 5 months this year and the results have been fantastic. I am currently up 30% YTD using 2% risk per trade. There have been a number of short periods of draw down but just like Ivo's modelling shows, it is not excessive and if you are patient your account recovers and grows just as expected. I am a big fan of the Satoshi robot due to its consistency and the fact it is based on Andrew Mitchem's daily trading strategy. The other 3 robots are also profitable and help balance the portfolio. Ivo is extremely helpful and quick to respond to any questions I have and I would definitely recommend EvestinForex to others. It is well worth the investment.
J
Reply by ivoevestin submitted Dec 28, 2017:
Thank you, JV, for your excellent comments and well done on the fantastic results of 30% YTD.
A
Alex R
Amsterdam, Netherlands,
Aug 21, 2017,
Guest

Good consistent gains over the last 6 months

6 months later…

I reviewed Evestin Forex soon after I joined back in March. 6 months on… am I still impressed? Yes, absolutely!

My account gained 32% from March to end of July 2017 (at 2% risk per trade). The gains were consistent month after month and the drawdowns, low.

So far, so good. But what makes me trust that the good results will continue? In short, it's Ivo’s approach to the system he’s developed.

The system is actually a portfolio of 4 robots, meaning you have a better chance of having a winning month, no matter the type of market. You are not dependent on the results of one robot.

I also like that each robot’s results are reviewed quarterly and optimized as needed.
Finally, you control the risk levels, and Ivo gives professional advice to ensure you have them setup right.

Oh, and one last point. The customer service is excellent. I’ve asked a lot of questions over the last 6 months. I’ve always received quick replies. And through my interaction with Ivo, I’ve understood he's in it for the long term.

That by itself makes me sleep soundly at night!

Thanks Ivo!

Mar 9, 2017 - 4 Stars I'm only a month with Evest in Forex, so the most useful thing I can say , is that the results have been impressive so far. They are similar to the the historical results achieved by the robots since 2010, so I'm confident in getting excellent returns this year.

The customer service is great. Ivo, the man behind the robots, ensured I got set up quickly, and when I have questions, he always replies without delay. I like that!

What gives me extra peace of mind is Ivo's attitude. He seems genuinely interested in getting results for his clients, and he has ambition!

Thanks Ivo! I'm glad that our paths crossed!

Reply by ivoevestin submitted Apr 5, 2017 Thank you, Alex, for your kind words.

I'm glad you noticed the passion and the character that I and my systems have.
W
Warren
Mackay, Australia,
Aug 1, 2017,
Guest

Complete package

Id like to add my few words of praise to Ivo and his system. The service provided, from initial start up to ongoing updates, reports and videos, has been excellent. This is a genuine set and forget, (leave it alone to do its own thing) system that is providing good returns in conjunction with an acceptable (adjustable) level of risk. I will continue to add to my portfolio into the future as I gain more confidence in the system. Thanks to Ivo and his team
W
Reply by ivoevestin submitted Aug 4, 2017:
Thank you, Warren, for your praise to our systems.

We're really grateful that you're enjoying trading with our systems. And that our ongoing support and education give you the confidence to continually add extra funds to your trading account.

--
Thank you from all the team :)
F
FXJASE
Brisbane, Australia,
May 26, 2017,
Registered user

First time in a long time AUTOMATION IS A1

First of all, I've started adding more money to my account after your last video really inspired me.

Secondly I'm continually amazed at how the robots perform. This week in particular checking on my accounts at different times during my night shift work I've seen active orders move from negative to positive. I check the robot performance against another trading platform I have with custom indicators showing price action. At times I understand why the robots have placed orders and other times I'm perplexed why the robot has placed a trade, then amazed at the robot trades winning.

I'm learning new things with these robots.

Due to my job work hours now, these robots are essential for my trading success.
F
Reply by ivoevestin submitted May 29, 2017:
Thank you, FXJASE, for your comments.
This is excellent that robots are helping you to become better trader yourself.
Robots can definitely teach us a thing or two about trading, especially they can help us to be more disciplined and wait only for the A grade setups.
Keep up the A1 progress.
R
Richard
Prescott, United Kingdom,
May 3, 2017,
Guest

Making good progress - looking forward to the next 6 months

Started trading Live with Robots with a minimum size account (using all Four Robots) towards the end of January. Things started off a little wobbly and Ivo made some adjustment to the Robots to take account of market conditions and Brokers with wider spreads. Following the upgrade things started to improve towards the end of March.

I opened a much larger account at the beginning of April and now up 10% over the last 30 days - this would have been more but I somehow managed to turn of the Robots and missed the last winning trade.

It is still early days but definitely heading in the right direction.
R
Reply by ivoevestin submitted May 15, 2017:
Thank you, Richard.
That's excellent that you have made 10% profit on your large trading account in just 30 days.
Keep up the good work.
G
GregoryL
Auckland, New Zealand,
Apr 26, 2017,
Registered user

Fantastic fully automated robots!

Evestin Forex has been providing excellent (5 out of 5) service to me. I have been very profitable in the last few weeks. Some things to consider, when you want to trade, you need to set and forget, the winning trades will come to you. Ivo (Founder of Evestin Forex) is a brilliant person to be around with his beautiful Robots. I respect him for his work done including intensive back-testing that gave me confident to trade with his robots. Every trader sees drawdowns, which is why we need to let the robots do the job. It is not just one robot but he has four robots which gives excellent balance to be in the forex market.
G
Reply by ivoevestin submitted May 1, 2017:
Thank you, Gregory, for your excellent comments and I’m glad my hard and diligent work gives you the confidence to trade with my robots.
You’re right, patience is everything in trading.