Other websites of this company include Expert-4X.com, ForexTraderSupportServices.com, ForexTrading-Alerts.com, MoneyMakingForexTools.com, AutomatedMT4Indicators.com, GridTrendMultiplier.com, MakeMoneyExpertAdvisor.com, MT4ForexWeekendEA.com, MT4PowerPunchEA.com, TheForexExpertAdvisor.com, AlwaysWithTheTrendEA.com, Hedged4X.com, DoubleInADayForex.com.
Recent User Reviews of Expert4X.com
Deceptively advertises to US customers who can't use his EAs due to FIFO
I had recently subscribed to an EA of his. There was nothing is his many videos, nor the product web page (not even in the fine print) that the EA would not work for US customers. After using it, and seeing some problems with the EA closing trades, I wrote him asking what was wrong with the EA. His response was to tell me to open an off shore account outside the US. (Giving financial advice like that is a lawsuit waiting to happen.) When I replied back that I would not due to safety concerns, and wanted to know if he would update the EA for work with FIFO, he accused me of over leveraging the EA. (The total drawdown on my account was 0.1% for 2 trades of 0.2 lots total. So, no leverage issue. And, the EA had problems closing existing trades (fifo issue) not opening new trades (leverage issue).)
Even one of the moderators, on his forum stated, in the discussion thread stated it wasn't me but rather the EA not working with FIFO rules. Me, I'm out $250.
If Alex clearly stated: "Hey, this EA won't work for US customers." then I would have no problem with him. But, he is purposefully keeping important info from customers until it's too late.
Thank you Alex
Expert4x is the most transparent and helpful forex EA service.
You can't just plug a trending EA into a sideways market and make money.
Now I don't know if Expert4X trades with live money or if he only makes his money selling EA's and training, and I don't really care. What I do know is that there are tons of verifiable accounts running these EA's on MyFXBook.
Support Desk is top notch and very fast to respond. This company is probably the most transparent and helpful forex company I have worked with.
Sonia Amachree / Murray Anderson / PLUS FX / FX Machine
1. They supply signals and in between they ask people to invest. They promise 100 dollar and 5 days later 1000 dollar
2. They offer signals via telegram, it means they can delete wrong trades without a trace.
3. They follow the typical scamming procedures. Every day they come up with some reasons to try and get more money .
4. They run their scams on Facebook, Instagram, Telegram.
5. I recorded videos of all which can be viewed if so requested by anyone.
Sep 28, 2020 - 1 Star I subscribed to H4 FX VIP SIGNALS. At the end of each week they send out a summary report and it is clear that these guys are not trustworthy.
1. I make use of a telegram signal copier software. Each trade gets copied, not only some of them.
2. I see trades that hit the stoploss (GBPNZD -23 SEPT - 12H51) yet the weekly report does not report those losses.
3. Further, those trades also get deleted on the feed, thus deleting all traces of such trade.
4. I sent them a message. Instead of investigating the entire issue they just answer
"Please sir cross check it. We always update follow our channel. Thank you for understanding."
Stay clear of these guys
Sep 13, 2020 - 2 Stars I own some of his best EA's - DM, GTM, MAKE MONEY, MOVING AVERAGE MULTIPLIER.
1.Alex puts a lot of effort into his videos. They are very informative.
2. His EA's are of high quality but just seem to be not profitable
3. He is no scammer.
4. He supports two types of forum users: He has the paying forum members and the non-paying members. The paying members have a huge advantage but it comes at a price.
5. Assistance with setting up the EA's comes with an additional fee. This should be part and parcel with the purchase price.
6. None of the EA results can be verified unless you are a paying forum member.
7. Overall I found the drawdowns to be huge and very risky.
In short, thinks twice. I have not been successful with any of his EA's but hope to one day strike it gold with his EA's. Hoping to get some feedback from "The New 7-Edge Trading Robot" users.
I will only invest in that robot, if it comes with a 14 money back gurantee, although it will take me less then a day to be able to see if that robot will be the one.
Expert4x.com: the most transparent forex & EA site
Alex thank you for your contribution to the forex community and most importantly my trading progress. Keep up the good work.
EAs are not tested with real money...enough said
They are just a scammer website. I lost way too much money buying their trash ea’s.
If a ea seller tells you that they don’t trade a live account with their ea.....run from them.
What is said to be a scam, is actually a good deal for sincere traders!
The ea's sold by Expert4x all work as advertised. And that is confirmed by the various contest results posted on FXBlue site.
I own a few of the EA's sold by this site and they are money makers as promised.
When got the first couple I had a lot of trouble because I did not grasp the concept. The videos taught me a lot, Alex is putting new explanatory videos on the site every week.
I ask questions..... in the forum and get a reply. And I follow closely his instructions as to how to optimize the EA's.
On many pages on the site it says no refunds..... but there is no limit as to the number of questions you can ask in the forum.
It is easy to label something a scam instead of putting in the hours required to make it work. It is clear on most pages that the ea has to be adjusted to the individual broker and the specific currency pair. There are example set files. No one helps their customers as much as Expert4x.
Please, before calling people names, be sure that you have done your part as a professional.
expert4x are professional scammer
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