ForexMegapips.com Review

2.579 • 6 REVIEWS
Out of business John Parker
Updated: Apr 13, 2022
Websites are down.  Company appears to be out of business.

Other websites of this company include http://al-invest4.com/

ForexMegapips.com
Out of business
2.579 • 6 REVIEWS

Recent User Reviews of ForexMegapips.com

R
Rick
North Carolina,
Jul 20, 2011,
Guest

What a piece of c***. 80% losers with a few break even. Reviews that claim 50-100 pips need to learn how use the -button.Glad I tested on Demo. Don't walk run from this junk.
H
Harry
UK,
Jul 6, 2011,
Guest

I can only echo the post of Dennis, California. I bought Megapips on the back of a load of glowing (fake) reviews probably on the same site he was looking at. I've backtested this a lot and got absolutely nowhere. I never could figure out the logic of using the previous day's high and low to determine where the price is going to go today. Wishful thinking I think they call it! Save your time.
D
Dennis
California,
Jan 27, 2011,
Guest

Purchased this software based on positive reviews from this site and another review site which had 16 glowing 5 star reviews for this product. The only conclusion I can come to is that the reviews on that other site were fake.
After one week I've had 16 losers and 3 winners for a net loss of 50 pips. Was trading GBP pairs, mostly GBP/JPY and GBP/USD, as these are the ones claimed to work the best.
My results are far from the 82% winners and 50-100 pips a day that the website claims is average.
Stay away from this one. Big Ripoff.
R
Ryan
Utah,
Jan 4, 2011,
Guest

I've owned this system for a month.

I've backtested and forward tested it. I've also used it on demo and live accounts.

I previously owned supraforex. It has a similar strategy to megapips but I actually lost many pips using that system for some reason. Even gave it 2 chances by purchasing it twice. Not sure what happened. Maybe I wasn't using enough pairs...

Megapip's strategy is much safer in my opinion. on my live account I use 3 pairs. This helps me gain pips every day because if one pair has a loss the other is there to make it up thanks to the 2.1 win ratio. My worst day has been a positive 20 pips and my best 102 pips. The best part about this system is I only spend 5 minutes a day putting in my trades and that's all you need to do as well. I'm profiting 200-300 pips a week using megapips. Great system John! Thanks.
Z
zoolander
Europe,
Aug 16, 2010,
Guest

the system deliver 50-100pips of LOSS a week.
O
Owen Wilson
COLOMBIA,
Jul 12, 2010,
Guest

Forex MegaPips was the second Forex system that I bought. The software is very simple to use (even for ma that I’m a beginner), and the results are also good. I’ve been averaging 180 pips on GBP/USD and 210 pips on GBP/JPY a week, which is rather good. Also, the stops are very short which is great. I highly recommend it.