Forex-Combo.com Review

2.042 • 5 REVIEWS
Updated: Mar 1, 2024
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The Forex-Combo MT4 EA is a forex expert advisor. The Forex-Combo automated forex trading software for the MetaTrader platform has been forward tested on a demo account by the Forex Peace Army, The Forex-Combo.com forex robot implements scalping strategy.

Forex-Combo.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Combo System -0.19 37.7 -6.954
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2.042 • 5 REVIEWS

Recent User Reviews of Forex-Combo.com

D
Dimitar Panev
Sofia, Bulgaria,
Jan 17, 2013,
Guest

Very good EA! The latest version 4.0 performs great. The support is also very responsive.
L
Laller
Hungary, Hungary,
Jan 19, 2012,
Guest

I've purchased the latest version of this EA and after backtesting and a short demo testing I put it to my live account because the results were quite good, and anyway the only way to find out a real performance of a product is a live account testing.

So the performance of this EA was something unexpectedly bad!

All in all it has lost 80% of the trades with large stop losses and I even didn't use the most scary strategy with 260 pips stop level.

Only 1 trade hit the full TP level but of course it was the scalper strategy so I didn't get something big, and 2 other trades were closed in a very small profit, all the rest is full SL between 20 and 110 pips.

I sticked with it until the last time of the refund period but it made losses every single day and the support didn't respod to my message so I decided to get my money back.
Plimus handled the refund very easily and quickly.
Unfortunately I can't get the money back it has lost for me.


My suggestion is this: STAY AWAY FROM THIS EA!
M
mike
Canada,
Dec 28, 2010,
Guest

I have the forex combo system ,is not that good,i had 15 trads
let start with bad trads ,on micro account
-2.73
-0.68
-14.14
-22
-3
the good trads
1.18
1.66
0.30
0.06
4.20
0.01
0.26
3.30
0.56
2.72
as you see I lost $42.55
and win 14.25 in 1 month
if keep on doing this I end up with $339 loss per a year on micro account lot 0.02
F
fxnb
Michigan,
Nov 25, 2010,
Guest

I agree with Linda - their performance is not upto par. Their recent 'update' had bugs - due to this, my to potential profits turned into losses.

Also, they simply don't give you refunds - however after I emailed to them, they agreed to review my results (1 month's worth of data) before considering further...After my 1 month is up, I plan to pursue with them for results and see if they will honor their word.

Approximately 1 month worth of LIVE trading with them has resulted in a loss (not a huge loss but still is a loss).

It supposedly trades in three modes - however, if you have a US broker, then you cannot hedge - so you miss out on the maximum benefit of this EA (whatever that is).

For a typical EA price, they are on the higher side (around 300 USD).

P.S: I believe the EA expires periodically (monthly/quarterly)... so if there is a trade that was opened by the previous version, I am not sure if we'll have do close it out (for profit or loss) by manual means - not clear on this.

P.S 2: This EA MISSED on a HUGE downward EUR/USD move (approx 150-200 pips) about 2-3 days ago...LOL then it did a SELL at the bottom and quickly lost 30 pips :-(

To the Creator of FX Combo: What the heck is happening guys??

Very DISAPPOINTED

On the plus side - they answer all questions within 24 hours.. guess they deserve 2 stars for that.
L
Linda
Florida,
Nov 22, 2010,
Guest

We've been running this on demo and a live micro account for a month and it has lost money. Not a lot but I wouldn't recommend this EA to anyone. It has a no-return policy and it is expensive. Not worth it in my opinion.