ForexMercenary.com Review

I think that the system failed to deliver its signal initially was ok then it went backwards the tech people offered another system which they wanted more funds even when the first one did not work, however it was a 30 day money back however I would save the capital and choose more wisely next time well marketed but missed the mark by that much.....
BJ

I tried using Forex Mercenary and I lost money. I did as Plimus said and requested a refund within 30 days through Paypal. Plimus denied a refund and sent me to a different site. They denied a refund too. I went back and disputed the denial with Paypal. They said the claims process only covers the shipment of goods and not the quality of goods received. Claim denied. Plimus mislead me when their video said I could get a refund by going back to the method of payment vendor. For everyone who paid Plimus with Paypal there is no guarentee. Plimus can simply deny the claim and you have no recourse. It is a shame that a company steals your money.

this was a the most stupid product ever sold as EAs.

i had to install, reinstall and the java always got disconnected.

fortunately i got my refunds from Plimus after 5 days.

stay way from this vndor and product.

My actual performance was about half winners half losers. Many of the trades only had a 10 pip difference between the suggested stop loss and take profit! With spreads and slippage and the need for very quick action on scalping trades, it is very difficult to make any profit with this software. Note that this is a signal generator software; not an MT4 EA which can automatically execute trades.
My actual performance is utterly unrelated to the claims of 1000 consecutive winning trades.
There is little difference between the base product and the deluxe and comprehensive add-ons.
Fortunately, 3 weeks after purchase Plimus sends a confirmation e-mail with a link to the support/refund page and they honor the refund policy -- this is the only good point about the product.

Couldn't agree more with the other comments - loads of hardly believeable hype prior to launch about strings of hundreds of winning trades in a row - to be honest I wouldn't have bought it without the money-back offer, which thankfully they honoured.
Software difficult to get working and seemed just to generate random and very frequent signals - one short session of trying it convinced me it was unusable.

I bought this at launch and am having all the problems I am reading about on the internet. Difficulty installing and 7 out of 7 trades were exited by Stop Loss setting recommended. I dare not use it with real money. I'm hoping they come up with an update that does what they promised at launch. Such a lot of hype out here it's hard to know what is legit

Nothing short of a scam in my book. Tested it out for 2 weeks on the working platform before getting a refund. Success rate was around 33 percent and never more then 7 winners in a row.
In 2 weeks of trading for 6 hours a day 4 days a week it never produced a long trade, they were always short.

I usually do not comment on software but mercenary is downright lousy. It consistantly hits the stoploss. The marketing was shameful and the claims were unethical. Thank goodness it was easy to get a refund. I can imagine they are giving loads of refunds

Let's be sensible, anything that produces "signals" when the market is closed even on Xmas day cannot be taken seriously.

It appears to be a random number generator rather than a signal producer.

I tried it as I tend to do with anything guaranteed through a 60 day return and it lost trade after trade after trade. That is when you can get it working.

Documentation is abysmal, product is shockingly bad.

Review Moderation Team Note: Technically, the forex market is open on major holidays even if many brokers are not.

We would not recommend trading on Christmas day, but it is possible to do it.

Bought it. Does not work. Less than 50% winners. SHORT the EUR/USD every 5 minutes with Target 7 pips and Stop Loss also 7 pips. The spread makes it less than 1:1 win loss ratio.

Cannot rate until later, but that's my experience