Forex automated robots Reviews 12

TrustScore 2.5 out of 5

2.4

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Company details

  1. Software Company
  2. Investment Service
  3. Software Vendor

Information provided by various external sources

50-300% profit monthy. LIVE VIDEO of trading on our account. Fully automated trading. We confirm the results of EAs on verified Myfxbook accounts.


Contact info

2.4

Poor

TrustScore 2.5 out of 5

12 reviews

5-star
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1-star

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Rated 1 out of 5 stars

Absolute waste of time

Absolute waste of time. At first your account will grow but the equity will go down and soon account will blow.
The youtube live stream bot is not the same as the stream one has open time at the minute rather than the hour.
Once MT4 updates, the bot stops working.

1 December 2024
Unprompted review
Rated 5 out of 5 stars

Started it with automation fx

Started it with automation fx
It was fairly straight forward easy to use the bot was easy enough to use aswell it was opening and closing trades you could make 100 a day from only bot trades

12 June 2024
Unprompted review
Rated 2 out of 5 stars

Have run this robot for almost a year

Have run this robot for almost a year. While they claim profit within 3-4 months, I have seen none in over a year. The so-called "managed" is a scam and their response times are terrible. My account's equity is well over 70% now, and I'm stuck with some 60 trades that are going to bust the account. Steer clear from them.

26 April 2024
Unprompted review
Rated 1 out of 5 stars

Nothing recommended

Nothing recommended; the company sells you their products, which do not comply with the protection of your funds, and you have a high probability of losing your money! From my own experience, one where I myself used their robots, and another where the same company in less than 3 months lost literally all my capital in front of their own eyes, with what they call their "best robots", and that they sell you the idea that they are "safe", they lose your money by opening trades and accumulating large drawdowns that they cannot save or recover most of the time, even though they generate some profits that simply do NOT cover the drawdown. Technical support tells you "let it recover, give it more time" (your account), and that NEVER happened. They blame the broker for the losses, and never take responsibility that their 28 robots actually have serious failures to properly manage your capital. NEVER USE THIS COMPANY'S SERVICE. In the end, they do not refund your money, nor recover your losses, and tell you that you agreed to their terms, and they blame you and the broker. Do not fall for this very bad service.

29 August 2023
Unprompted review
Rated 5 out of 5 stars

Competent, professional service

I have a Portfolio from this company, and this is what I can say about this robot... I think this EA is very good, it's a lot of work to encode so many files for different currency pairs. After tested EA on a demo account, and then setup it on a real account.
The support manager gave me detailed information on how to change the settings, as well as a warning about the risks.
From my experience as a trader, I will say this... EA works according to the algorithm coded, and cannot predict all world events. Therefore, do not complain about the drawdown, this is a normal process and needs to be controlled.
I can say about this company that they are competent, professional and attentive to customers.

31 October 2022
Unprompted review
Rated 1 out of 5 stars

Scammers

Scammers! Stay away from this sketchy site, they stole 250$ from me and refuse to refund anything. Their EA’s are a scam, and pretty much nothing but garbage. This is nothing but a few Russians trying to scam people! They keep trying to report my reviews to get them removed. Be aware!

8 November 2022
Unprompted review
Rated 1 out of 5 stars

Worst EA ever

Worst EA ever! No refund! Big losses! Be careful!
Unluckily I bought the EA in 2021 September. They now changed its name from Megastorm to Portfolio of forex robots and vica versa. Of course when I asked for refund, they did not paid my money back. It was my worst EA till today, just a waste of lot of money. I tried many EA's, some of them worked for a time some of them not but none of them made such a loss than.

It burned 3000$ and they said it is because of slippage and broker etc. (advertised for working with any broker anyway). It was not the broker's fault. I had never experienced any problem with my broker while manual trading and running other bots/EAs.
The EA has a very bad money management. It's basic risk setting is more than hazardous and they say it is normal. First it seems to be okay 15-20% DD, but after 2-3 weeks the drawdowns starts to be huge like 60- 80%. It shows a stop-loss but there is no actual stop-loss, it lets trade go minus 3-400 pip, like it did for me. It works only while market is ranging, when trending it just lose money. Trending market is more frequent than ranging market...
The worst part is when you ask them about the drawdown, they just lie to you, they will not say to stop EA to not to lose all your money. They say it is okay, just wait (till you lose all your money). I stopped the EA after 5 weeks (I was not sure back then it was a good idea or not) and now from historic data I see it would blew my account.
Now it is clear to me that all the negative comments are real and the positives are the fake ones... Congrats signal2forex, forexrobot24, forexfactory (all the same) for taking people's money and let them burn them all!

Facts:
- live video is just a loop, it starts over and over above when shows around 165k profit
- all myfxbook result is scam, that is why there is no open trades or history data is available and many detail is hidden
- all myfxbook account is in 100% drawdown means they went bankrupt. Profit does not matter If account have bigger loss than profit.
-support seems to be good while there is no problem, in any other situation just saying stupid things like a person who never traded

Yes, I saw some of these signs, but sometimes I want to believe... like a fool.

23 November 2021
Unprompted review
Rated 5 out of 5 stars

Great service and EA…

This is a great and professional service. I bought a forex advisor from them and I am very pleased with its result. Recommend.

11 April 2021
Unprompted review
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