NexGen4x.com Review

Not yet rated
1 • 2 REVIEWS
Out of business
Updated: Apr 13, 2022

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

NexGen4x.com
Out of business

NexGen4x.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Primus-Alpha +1.93 65.5 +249.652
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
1 • 2 REVIEWS

Recent User Reviews of NexGen4x.com

J
John Thompson
Perth,
Oct 2, 2011,
Guest

Hello Nacy,

Wow, that is some story you have there, lol, but I can assure you, it's a complete lie designed only to tarnish our good name for god knows what reason. Lets look at a few things shall we? ;D

1. "Nexgen4x and their EA's are complete scam." You said our EA's are a scam? We only have one EA, not EA's, and it is far from a scam. We have many happy paid customers. The EA is called Primus-Alpha and you can find its performance results right here on FPA.

2. The company is run by a guy called John Thompson from Perth, Western Australia. Yes thats correct. lol .. sorry i can't stop laughing. This post actually made my day.

3. "He lured me in to by an EA off him and open an Account with his prefered broker FX Plimus." Hahaha .. what did I "lure" you in with? Fishing tackle?

4. "I gave him $50,000 as he promised me a 10% return each month, its been three months and I have only $4600 left. Im trying to get my money back but John is not answering his emails or phone. " Oh really? :D Do you regularly go around giving people $50K who make promises to you? You must be really rich Nacy! :O lol. But seriously .. no you didn't. I would think a loss of $44K would warrant an FPA case don't you? Did you open a case? (/me looks around). Nope. No case. But feel free to lodge one. I would love to hear the crickets chirping when FPA asks you for some evidence. You wouldn't even be able to provide evidence that you are a real person! Let alone a victim. :facepalm: Oh .. and according to you why would you buy our EA and THEN give us money to manage for you? Doesn't make sense. Not to mention we don't offer any managed account services.

5. "I have already reported him to ASIC" .. No you didn't.

6. "he is operating a financial services business without a license." I'm not licensed by ASIC because I am not operating a financial service. All I do is sell one EA. That's it. No more.

7. "This guy has a jail sentence coming." No I don't.

I haven't laughed so hard in a long time. =D Nacy .. feel free to just open an FPA case or something if your real.

FPA Admins, you can delete Nacy's post if you want to but I don't really care. It's not going to do my EA sales any justice but I know I'm not going to jail so it really doesn't bother me.

Regards,
John
NexGen4x
N
Nacy
Perth, Western Australia,
Sep 30, 2011,
Guest

Nexgen4x and their EA's are complete scam. The company is run by a guy called John Thompson from Perth, Western Australia. He lured me in to by an EA off him and open an Account with his prefered broker FX Plimus. I gave him $50,000 as he promised me a 10% return each month, its been three months and I have only $4600 left. Im trying to get my money back but John is not answering his emails or phone.

I have already reported him to ASIC as he is operating a financial services business without a licence. This guy has a jail sentence coming.
A
Aplmustdie
USA,
Jul 24, 2011,
Guest

Be very careful with this EA. The risk/reward is not justified as the gains are small and the losses large. The reference account is a sham. It shows a profitable EA. What the developer is doing to make the account look better is turning the EA off in unstable market conditions, thus avoiding any losses during these times. In this manner the results are non verifiable as nobody gets the same trades on a consistent basis. In the last month, I have logged at least 5 large losses that are not even listed on their account.


Although when the EA hits, it can increase money fairly quickly, when multiple losses hit, the profit falls even quicker. While I monitored this EA, there was a two week period that profits fell from $3,900, down to $2,200. Much too volital for a real account.

In addition, the developer, while responsive, provides excuses. His site says there is a 7% drawdown maximum when my account experienced over 40%. Avoid this scam.