LeoTraderPro.com Review

2.103 • 47 REVIEWS
Out of business
Updated: Apr 13, 2022
The LeoTraderPro MT4 EA is a forex expert advisor. The Leo Trader Pro automated forex trading software for the MetaTrader platform has been forward tested on live account by the Forex Peace Army™ The LeoTraderPro.com forex robot claims to use 7 neural nets.

Website is down. Company seems to be out of business.

LeoTraderPro.com
Out of business

LeoTraderPro.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Leo Trader Pro +1.22 148 +499.986
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2.103 • 47 REVIEWS

Recent User Reviews of LeoTraderPro.com

R
Rich
Arman, USA,
Feb 4, 2020,
Guest

Leo is a con artist liar

Service use: Live Length of use: 0-3 Months
I bought Leo's videos and joined his "VIP" trading room. I paid the man close to 10,000 and I lost over 100,000 of money trading with him. He instructed me over the phone every day which trades to take, and they all went to ZERO. The man has NO clue whatsoever how to trade, he just guesses the market and is always wrong. Every person in his room lost all their money. His videos are all full of lies and if you check his trading history you'll see his track record is awful. He's a straight up con artist and belongs in jail.
V
Victim Of Scams
KUALA LUMPUR, Malaysia,
Jan 6, 2020,
Guest

Terrible Unethical Scammer

Service use: Live Length of use: 0-3 Months
This is a scammed Company and has cheated my hard earned money. The so called consultant and experts asked me transfer the money to their Company's account via and then disappeared. I am going to lodge a police report to expose their wicked scheme and wrong doing
R
Ron
Seattle, USA,
Feb 24, 2013,
Guest

I lost a lot of money on this one! It wins an average of 150 pips and loses 3300, yes 3300!!!!!!!!!!!!!!
B
Behzad
Kuala Lumpur, Malaysia,
Apr 14, 2012,
Guest

It is just another scan. They just put this on the internet to use the victim’s money to build their own future.
I always knew that robot sold on the internet with cheap price can't be real but as they had money back grantee I just gave it a try.
For the first week on a demo account from the brokerage they have mentioned it is working fine it didn’t open even a single trade. After a week it opens a position and made about 10$. That was the only profit I got on a demo account. Then they have released some patches but even that didn’t work a bit. After a month I claim my refund and they to keep me by making so many promises but I insist and got my money.
Of course I am sure the real expert was making a perfect money for them and I am sure they have used money from people like me (let’s say if 1000 people bought it) then they have about US$130,000 money from client for 2 months and they could have at least make about the same amount for their own future investment.
No one should trust them.
M
merl root
Indiana, USA,
Mar 7, 2012,
Guest

I have been live for a few weeks. It has produced a few trades, mostly just nickle and dime stuff. If someone has a real success with their setup, please pass it along. Customer service has been somewhat timely in their response.
The stop loss is crazy.....if the trade has not yielded a profit and I maintain my own stop loss. I use 30 pips, let the system take the profit.
Any other feedback is greatly appreciated....I'm only trading EURUSD. It seems to have a problem with the GBPUSD, it holds the trade for a great length of time.
What would it take to use LTP on other pairs?
J
JONO1X
, Australia,
Mar 7, 2012,
Guest

EA had big losses for me.
M
Milan Vavra
, Czech Republic,
Feb 14, 2012,
Guest

I bought LTP in December 2010 for $ 147. I was impressed by his results, access to their accounts, and neural networks. S/L 330 pips was terrible, but argued that it is just in case. The neural network does not open a store that would result in a loss. Thats the vendor said.
Unfortunately this is not true. After a decent performance on LTP demo it's made ​​a big hole in my live account. I returned LTP to the demo, which runs about 1 year. And how it behaves? Take a coin and throw fits if heads or tails. Accordingly, let buy or sell and set the T/P = 10 pips and S/L = 330 pips. It is highly likely that trade will hit T/P sooner or later . But blocks the margin, all the time, a slight gain is achieved (lot size must be small, due to the enormous S/L and the principles of MM). When the trade reaches the S/L, clears results 33 profitable trades.
In this procedure, you are trading as successfully as LTP and save money for his purchase. Today I turned off him and put him in a tomb similar robots.
I do not recommend using LTP.
R
Radek Sochanowski
, Poland,
Dec 8, 2011,
Guest

Hi,
I purchased the product two days ago. Until now I'm not able to download the software... Their customer support does not work at all !!! Sent them three tickets, two email -> no any reply....
Wondering whether this company still exist??
C
CEY
Alabama, USA,
Dec 7, 2011,
Guest

Absolutely love this EA!!! My account is up 300% since I started trading it in January of 2011. It's worth every penny I paid for it. Actually it's worth a lot more than that.

My advice to someone looking to use this EA and are concerned about the 330 pip SL, trade the EURUSD only. That's all you need. Your account will grow, just be reasonable with the amout you are risking.
H
Hal
, USA,
Dec 1, 2011,
Guest

I rated this product not long ago poorly due to the customer service. The problem has now been resolved with the new version and I am happy to report Leo Trader Pro does now trade with profits and with no problems. Also, the trades now match almost pip to pip with their website. It does work and I am now a happy trader with LTP. I will also purchase a new license for another account of mine.

2011-11-15 2Star I have tried to use Leo Trader Pro but there always seems to be an issue. However, when the suppor team simply does not repond or responds without really reading the question and is rude it is simply time to move on. Leo Trader Pro is simply not a good EA and the support comes close to scam level support.