DragonExpertFX.com Review

2.32 • 5 REVIEWS
Updated: Sep 11, 2022
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The Dragon Expert MT4 EA is a forex expert advisor by DragonExpertFX.com. The Dragon Expert automated forex trading software for the MetaTrader platform places trades for you. The Dragon Expert forex robot use martingale and work best on EURUSD, EURJPY, USDJPY.
2.32 • 5 REVIEWS

Traders Reviews

N
guwahati, India,
Mar 14, 2022,
Registered user

Dangerous martingale system, do not trade with this robot

Service use: Live Length of use: 0-3 Months
Initially the robot makes good profit with the martingale method, but as the trend would be big the martingale can't of course with stand a huge amount of money, now if you have a million of USD perhaps in your account this may work as the trend once would any way reverse too, for accounts with less that a million USD for trade with this robot would have huge losses. Not for accounts with less than a million USD, and I am not sure whether this martingale method would work with a million USD accounts too, but there are again better ways to trade for tangible profits with even a 100 USD instead of martingale with 1 million USD. I lost 10000 USD this robot. Again they look for new potential customers and take profit in sales till their bad name is exposed.
G
Jakarta, Indonesia,
Dec 30, 2021,
Registered user

DO NOT BUY THIS EA

Service use: Live Length of use: 0-3 Months
i'm starting to use it with 500 usd, the support team suggest me to use Cent account for small balance, i'm use the EA for Pair EURGBP EURCHF USDJPY, when i'm running this EA for around 1 month the performance is so far so good and there are no anything wrong with that.
'm add another EA for Pair GBPUSD GBPJPY USDJPY, starting around 5000 usd, for the first day the EA can give profit 1.5%, there no anything wrong until that time. on second half day the profit is increase 2.5% but when i checking on night the balance is 0 USD. i've experience Margin Call on GBPUSD pair and the EA keep open position with bigger lot and it againt the trend.
I'm running this bot on Exness and i'm running 2 Dragon Expert EA on this brokerage and this Dragon Expert EA for GBPUSD GBPJPY USDJPY are MC, the other using EURGBP EURCHF USDJPY are doing fine. Also i'm running the other EA on this brokerage and still doing good.
I talked via email with the dragon expert support team to check the configuration but they just blaim the brokerage, also they put that their bot can be refund on the website but they refuse the refund. so well i don't think there are no good will from Dragon Expert team.
S
las palmas, Spain,
Sep 9, 2020,
Registered user

Complete scam

Service use: Live Length of use: 3-6 Months
Do not buy this EA, It will blow up your account. On Demo works all right but in Live accounts is very dangerous. For me it only took two days to give me a margin call.
They only answer emails when they are affected by anything you write. Your doubts or questions are unanswered. Plus they do not refund you the money to make up for some of your losses.
I used it first for three months in Demo with no problem. That means they have a sophisticated system to tell when an account is Demo or Real. When it is Demo they are able to trick you with big benefits.
2 traders have found this review helpful
V
Chennai, India,
Jul 5, 2020,
Registered user

Excellent result

Service use: Live Length of use: 3-6 Months
I brought 4 month before. Still now good profit. I am running 4 accounts with 3 pairs each account.
2 traders have found this review helpful
S
Sydney, Australia,
Jun 22, 2019,
Registered user

Good ea

Service use: Live Length of use: 0-3 Months
Very good ea if you're not greedy, and use step around 20 pips. Deposit not less than $3000 for 0.01 lots.
2 traders have found this review helpful