Signal2Forex.com Review

1.541 • 3 REVIEWS
Updated: Nov 16, 2022
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Signal2Forex.com develops automated forex trading software for the MetaTrader platform. Signal2Forex.com's MT4 EAs include Portfolio, Expert Advisor CCI, etc..for online currency trading. Portfolio works with AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, EURAUD, EURCAD, EURGBP, EURUSD, GBPUSD, NZDUSD, USDCHF, USDJPY, and Expert Advisor CCI trade on,EURUSD.
Other websites of this company include Forexfactory1.com
Signal2Forex.com
1.541 • 3 REVIEWS

Traders Reviews

M
Jakarta, Indonesia,
Dec 6, 2021,
Registered user

Signal2Forex is SCAM Robot - STAY AWAY !!!!

Service use: Demo Length of use: 0-3 Months
I just lost my money this week because of using this robot from Signal2Forex. I bought this robot at the price of $249 (Half of my salary), but it won't work as their real account.

They use a fake record on their myfxbook. I know this after I purchase the robot and try to run in 4 days on my VPS and let the robot run by itself.

However, after 4 days, the dropdown got bigger (-15%), and my equity become down (less than my initial balance). There is something wrong here because when you see their portfolio on myfxbook, the equity is never less than the balance.

Then, I try to look again into their myfxbook portfolio, and I found that their real example accounts are fake, all of their account equity and balance are very different from mine. All of their account equity is always higher than the balance, however, on my account, the equity is less than the balance.

Then, I talk to Vladimir Nicole (the admin that I always talk to), I want the money back with the reason is the robot won't work properly and I used it before 2 weeks after purchasing it. Then, he has gone... he didn't answer my text till now... and I lose my $249 to purchase this unworking robot.

PLEASE STAY AWAY FROM THEM before you lose your money, they are liars and SCAM...
W
Budapest, Hungary,
Nov 23, 2021,
Registered user

Scam, worst EA ever. Be careful!

Service use: Live Length of use: 0-3 Months
Worst EA ever! No refund! Big losses! Be careful!
Unluckily I bought the EA in 2021 September. They now changed its name from Megastorm to Portfolio of forex robots and vica versa. Of course when I asked for refund, they did not paid my money back. It was my worst EA till today, just a waste of lot of money. I tried many EA's, some of them worked for a time some of them not but none of them made such a loss than.

It burned 3000$ and they said it is because of slippage and broker etc. (advertised for working with any broker anyway). It was not the broker's fault. I had never experienced any problem with my broker while manual trading and running other bots/EAs.
The EA has a very bad money management. It's basic risk setting is more than hazardous and they say it is normal. First it seems to be okay 15-20% DD, but after 2-3 weeks the drawdowns starts to be huge like 60- 80%. It shows a stop-loss but there is no actual stop-loss, it lets trade go minus 3-400 pip, like it did for me. It works only while market is ranging, when trending it just lose money. Trending market is more frequent than ranging market...
The worst part is when you ask them about the drawdown, they just lie to you, they will not say to stop EA to not to lose all your money. They say it is okay, just wait (till you lose all your money). I stopped the EA after 5 weeks (I was not sure back then it was a good idea or not) and now from historic data I see it would blew my whole account.
Now it is clear to me that all the negative comments are real and the positives are the fake ones... Congrats signal2forex, forexrobot24, forexfactory (all the same) for taking people's money and let them burn them all!

Facts:
- live video is just a loop, it starts over and over above when shows around 165k profit
- all myfxbook result is scam, that is why there is no open trades or history data is available and many detail is hidden
- all myfxbook account is in 100% drawdown means they went bankrupt. Profit does not matter If account have bigger loss than profit.
-support seems to be good while there is no problem, in any other situation just saying stupid things like a person who never traded

Yes, I saw some of these signs, but sometimes I want to believe... like a fool.
B
Leicester, United Kingdom,
Mar 2, 2019,
Registered user

Testing Portfolio EA's on DEMO

I'm testing the Portfolio of EA's on Myfxbook on a DEMO which i purchased a while back, i wanted to test it first as on his My fx book account it states 50% draw down which is quite high and on the site it states up to 25% draw down either way this will help me confirm if its worth opening a real account for, although so far so good up 27% and 18% draw down staring with £1000 on IC markets account.
https://www.myfxbook.com/portfolio/portfolio-eas/3178772
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