GenialInvest.com Review

2.674 • 45 REVIEWS
Out of business
Updated: Apr 13, 2022

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

GenialInvest.com
Out of business

GenialInvest.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Genial Invest -1.01 18.9 -17.444
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2.674 • 45 REVIEWS

Recent User Reviews of GenialInvest.com

T
Tom
Austria, Austria,
Oct 27, 2012,
Guest

Blow away more than 12 K last year .. not able to stop the way down - so I stop it before all money go away .. us i see the same it happen right now this year - so good I not follow again ..

2011-07-21 5 Stars Genial Invest - management ok - performance ok - Alpari mikro account between 0,01 and 0,05 lot per trade - so you can start with 3000 EUR us sample to proof it ..
T
Tobias
, Germany,
May 23, 2012,
Guest

once again, they blew up an account (if you did not transfer in fresh money as they did) margin call would have been on 23.05.2012. as with all grid and martingale based strategies, high risk will never work in the long run.... only if you are lucky and transfer your inital money out after the first 100% ...
E
Eddie
, South Africa,
May 15, 2012,
Guest

Load of rubbish. Wiped out 2 accounts now. How can anyone go long EUR/USD, when almost the whole is shorting? Amatuers. Get rid of this rubbish

2011-08-16 5Star Absolutely brilliant. Worth every penny of the 30%.
D
David
california, USA,
May 5, 2012,
Guest

this EA wiped out my account.
WHY FPA is allowing it again?!

Review Moderation Team Note: Performance Tests are used to show success and failure. The FPA has policies that allow failed tests to restart. If Genial's newest strategy has improved, that will be shown here. If Genial's newest strategy fails again, that will be shown here.
F
Felix
Belgrade, Serbia and Montenegro,
May 5, 2012,
Guest

These genial lost completely my first account of $12k. And he promised it will recover it with next try. And he lost again. And now is trying with same losing strategy the third time to make poor another few naive investors... What a dirty habit! How to stop such unethical people?
D
digiGlow
us,
Oct 28, 2011,
Guest

I actually made a little bit of money off of these guys.........basically on at 10k accnt, I made about 1k. The reason, before the first meltdown I pulled the plug at the right time. Stay away from the strartegy that these guy use...which is trying to determine a reversal/correction. Always stay with the trend. #1 thing they go against.....you will loose all of you money doing this. Clapan is the same, trying to pick trend reversals. Stay the heck away from people who do what Genial does, they will never E V E R be successful, and like the other guy says, the are and will always be mopping floors....
B
Bryan
Houston, TX,
Oct 15, 2011,
Guest

I lost nearly my entire account. The real question is, why is Forex Peace Army allowing them to have a second chance and start from scratch? Genial Invest should have to live with their past results, just like everyone else who lost money because of them.

I've now lost thousands of dollars trading 3 separate services that had good results and good reviews on FPA.

Forex Pease Army is the real scam!

Review Moderation Team Note: The FPA has rules for restarting failed tests and Genial Invest has complied with these rules.

The margin call of the first Genial Invest test account is clearly described on the Performance Test page as well as on the results page at Genial Invest's website. The results from the first Genial Invest test are available from the drop down menu on the Performance Test page. Nothing is hidden.
G
Guy Mitchell
Bath, UK,
Oct 3, 2011,
Guest

Epic fail
A
Aaron
Texas, USA,
Oct 2, 2011,
Guest

Update to my prior review. System bought a break of long-term support, had multiple attempts to exit in profit & later at breakeven, but instead blew the account.

This system is a good example for newbies of what NOT to do when trading, aside from that it's not good for much. How it did as well as it did for as long as it did is beyond my comprehension.

2011-09-12 No rating Not putting a rating on this yet, since I'm new with the system. But I have some initial impressions. I hit a 42% drawdown last night (combined recently closed & open). The thing bought right above support & when things broke down kept on adding positions. Last night it closed part of it, but opened some more deep in the abyss. If it can get out of this difficult situation, barring taking wild risks, it will take some considerable time with a deep drawdown. The explanation of program behaviorexpected on the blog does not match what the program subsequently did. Support does not answer or even post my messages to the blog commenting on this. Lack of communication with subscribers in such a setting isn't a good thing.

In the aftermath of the May drawdown which has been commented on previously, this system opened a bunch of positions each 5X the size of the previous positions and made roughly 25% on the account essentially overnight after drawing down 50% of the account on positions open perhaps 10 days. If things had gone the other way at that point, it would have taken down the account.

I'm withholding judgment at this point, because the system has a track record over the past 7 months. But buying into a declining trend & continuing to buy in such a situation is "catching a falling knife" in a way that runs counter to any conventional wisdom. Perhaps this is trading genius. It certainly is unconventional if not simply crazy.

I'll leave a rating when I have more experience with the product.
W
William
USA,
Oct 1, 2011,
Guest

Regardless of EA or whatever, never allow a trade (made by EA or human) to open below/above a break of MAJOR support/resistance, and go against major trends or fundamentals. I monitored these, saw what was happening and luckily decided to get out - with only a small loss. Taught me a lesson!! I'm not sure this is an EA from it's behaviour. They did really well for a long time however, but recent trades were not good. Genial has a good fundamental system and should not give up. I just thought some of the entries made were too early.