forex-robotrader.com Review

This company is a scam. The software doesn't work and they offer no technical support. They also refused to refund my money (they responded to this even though they are useless for tech support.)

I ACTUALLY GOT THIS EA FOR FREE FROM SOMEBODY (DON'T RECALL WHOM).
BACKTESTING FOR 2009 ON MT4 SHOWED 600 % GAIN (RAISED EYEBROWS)
OK, SO HOW BAD CAN IT BE LIVE?? ONE WAY TO FIND OUT, TRADE MICRO LOTS ON MT4.

1ST WEEK OF MAR 09 UP 34 % ON LIVE,
35 % ON BACK TESTING
DID I FINALLY RUN INTO AN EA THAT ACTUALLY
WORKS??

2ND WEEK OF MAR 09 BACK DOWN TO EVEN ON LIVE
ONLY BACK DOWN TO 33 % PROFIT
ON BACK TESTING
WHATS UP HERE???? TRADES ON BACKTESTING
DONT RESEMBLE LIVE TRADING IN THE SLIGHTEST

3RD WEEK OF MAR 09 BACK UP 7 % ON LIVE TO 7 %
PROFIT FOR MONTH
UP TO 56 % TTL PROFIT FOR MONTH
ON BACK TESTING
AGAIN NO CORRELATION BETWEEN LIVE
TRADES & BACK TESTING TRADES, 49 % NET
DIFFERENCE WITHIN 3 WEEKS

4TH WEEK OF MAR 09 BACK DOWN 8 % TO NET LOSS FOR
MONTH ON LIVE
BACK DOWN TO 10% TOTAL PROFIT
FOR MONTH ON BACK TEST
AGAIN, LIVE TRADES & BACK TEST TRADES DONT
LOOK ANYTHING ALIKE.

I WILL DELETE THIS EA FROM MY COMPUTER DUE TO THE CLAIM ON THIS WEB-SITE THAT THIS EA IS COUNTERFIT PRODUCT AS WELL AS THE SHAKEY PERFORMANCE.

GONNA HAVE A LOOK @ THE REAL ROBOT TRADER NEXT.
SEE IF IT DOES BETTER.

SINCERELY
LOUIS

Yep it is a piece of rubbish. It loses money in all my backtests and forward tests, I was lucky that i traded the EA on my demo account to see how it performed and to me horror it just kept losing trade after trade.

I am suprised they are still in business!

Robotrader is scamming people. You will not get answers to your email if you want to claim the promised refund.
Paypal have done nothing to assist me either

No wonder I coud not get any answer or my money back. This creep did not even sign his "work". I could not find is name anywhere.Here is some excerpt from the reciept he issued to me:
He uses PayPall. He knows it is harder to get refund from Paypal than from ClickBank.
I never got my money back.
His six EA`s are hard to place in designeted MT4 programs, his instructions are confusig and it looks like he has no idea what he is talking about.
Stay away from this creep and any other seller who uses any other than ClickBank to sell his "product"
Pure SCAM.

Dear Ferdinand ,

This email confirms that you have paid Forex Systems (mail@forexpipstalker.com)

Forex-Robotrader.com has blatantly stole my ex4 software and paid to have it be compiled. Adding further assault to injury has developed a cheap infomercial type website reselling the stolen software. Furthermore, this person had the gumption to even steal a name is similar to mine as possible.

I am the owner and developer of the Steinitz HAS MTF Hedge robot. My company's name is Forex robot trader and my website is: www..Forexrobottrader.com

I received a copy of the decompiled software and compared it line by line to our software. He has deleted all objects in the code that would give the software away as being mine. He is also commented out or deleted 90% of the entire program probably because he doesn't understand my software.

This is the lowest form of stolen intellectual property a person can commit. I have already started the process to get this person shut down for copyright infringement. It's amazing how closely related this website is to Forex autopilot. This is only my opinion.

Please do not purchase any software from this thief!!! You will not get any updates from this site and from what I understand is customer service is almost nonexistent. He doesn't understand his program like I do. You are always better off purchasing from the actual developer of the software since you will receive free updates for life.

More importantly you have no idea if the software even works correctly because of all the hacking that was done to the code.

Don Steinitz

Owner and developer

www.ForexRobotTrader.com