Details

• Currency Pairs: Any
• Timeframe: Any
• Price: $349
• License: 1 live account
• NFA compliance: yes
• Refund policy: 30 days
• Flex EA Website

Strategy: Comes pre-loaded with 12+ different strategies from retrace, to martingale, to scalping. Best ones are a mix of grid and retrace trading.

Performance

• Vendor Account
• Real 1
• Shotgun
• Real 2
• Customer default settings
• Customer 1
• Customer 2
• Customer 4

This is a Flex EA vendor account trading their Default strategy. This is on a demo account, but this strategy is based mainly on math so results should be very similar which has been the case from what we've seen.

Here is one of their members accounts running default settings

Highly profitable EMA far apart set file

A slower more conservative approach.

Another top performing set file available in the member forums

Here is a Flex EA real money account from a customer on un-identified broker. Looks like they were using the 3xRetrace strategy, with risk between 0.5 and 1.0. It did 329% in just 3 months before they withdrew all their money with only a 25% drawdown. It looks like they were trading on 19 pairs with the most profitable ones being EURNZD, EURJPY, and GBPJPY. EURNZD has since been labeled as a high risk pair as of Aug 24th, just a warning!

This is a real account on HotForex that did 340% in 6 months trading the Default strategy with 6 MaxBuys/Sells instead of 5. They were trading 10 pairs, the most profitable of which were EURAUD, EURUSD and EURJPY. I'm going to warn you that EURAUD has been labeled as a high risk pair as of the Aug 24th crash.

This is a real account on ThinkForex that did 125% in just 2 months. It appears to have used the Default strategy on 10 pairs. It's best performers were GBPUSD, USDCHF and EURJPY.

Forex Flex EA Twitter

Other Reviews: http://forexfbi.com/forex-flex-ea-review/

Flex EA Reviews

Details

Strategy: Keltner Pro is yet another robot that trades channel reversals in a basket of trades. Avg win is 40 pips with an avg loss of 23 pips. Opens trades at the start of a bar, and doesn’t appear to use any lot multiplier for it’s basket trades.

Performance

• Vendor Account
• Customer 1
• Customer 2

This is a live account of KeltnerPro on SynergyFX, a broker with a history of providing EA vendors favorable trading conditions for EA vendors in order to increase sales and broker signups. With that being said, the results of this are still not that impressive. It's been on a quite a down trend for most of 2015, who knows if it will ever turn around. Lets check some customer accounts.

This is a customer live account trading Keltner Pro on an unknown broker. The results are consistent losers, with a 33% drawdown already! The account has only been trading since the end of July 2015, yikes!

This is a demo account of Keltner Pro and just look at that 88% drawdown. Basically an account wipe on a demo broker feed, not good!

Details

Strategy: Pivot Trader Pro uses 3 indicators to look for trends, and looking for weakening to enter for reversals. It will hang on to trades for up to 1000 pips SL, so becareful!

Performance

• Vendor Account
• Customer 1
• Customer 2

Another account from Doug Price on Synergy FX which have a history of producing fake/manipulated results to increase sales of EAs. I suspect this one is not much different. Average win is 30 pips, average loss is -350 pips, but there are a few that have gone all the way to -1000 pips. How would you like to start your account off with a -1000 pip loss?

This is a customer live account trading Pivot Trader Pro on ProfiForex broker. It's only made 12% and already has had a 34% drawdown, yikes! That doesn't exactly resemble the vendor account now does it.

Another live customer account of Pivot Trader Pro on FinFX broker. This is more a long the lines of what you should expect your live account to look like.

Details

Strategy: Has 3 built in strategies you can select from or use all 3. They are scalping, trend and counter-trend. Average win is 10 pips average loss is 20 pips according to their vendor account.

Performance

• Vendor Account
• Vendor Account 2
• Vendor Account 2

This is the vendor account of Forex Diamond EA that trades on Alpari DEMO account. Yes that's right, a demo with basically a scalper, who would have thought! Any system that has an average trade size of 10 pips and is on a demo account, will not even come close to the same results on live accounts.

Here is another vendor account of Forex Diamond EA, but this one is actually on a real account. As you can see it only puts out a measly 2.2% per month and went half 2 years making no money at all. 100% of it's gain is from within the last few months so I suspect it's just on a hot streak for now.

This is another vendor demo account running normal risk. You will notice drawdown is more reasonable, but monthly gains are also much lower. But none of that even matters because it's basically a scalper on a demo account.

Details

Strategy: Short to medium range scalper, with winners closing around 5-8 pips and losers closing between 15-30 pips.

Performance

• Vendor Account
• Vendor Account 2
• Vendor Account 2

Here is the vendor account of Wall Street Forex Robot running on Alpari NZ. This account has been running since beginning of 2011 and was doing well up until 2014. From 2014 to present, it's essentially made no gains with a huge dip in there. It's on an upward trend again, but I suspect just like the other scalpers, it's days are numbered.

Here is another Wall Street robot account running on FXOpen trading their recovery mode. This is a martingale style mode, not recovery. It held onto trades just passed a 31% drawdown, not sure what kind of recovery that is.

This is a customer account of WallStreet Forex Robot trading on the same Alpari NZ broker as the vendor account. Only this one is in some serious trouble right now hanging on for dear life. Not sure what settings they decided to use, but clearly some SLs were not used.

Details

Strategy: Martingale/Grid, uses an indicator to enter first basket trade, trades 9x baskets and has a turbo and durable mode.

Performance

• Vendor Account
• Vendor Account 2

Here is the vendor account of FXStabilizer trading their durable mode, which is on a real account at Forex4You broker. It's been running since Feb 2013 and does roughly 7% per month with a 39% drawdown. However you will notice the graph starting to taper off, this is because the vendor has recently lowered the risk drastically to preserve the life of this account to keep sales coming in. It went from 8-10% per month down to 1-3% per month.

This is another live account from the vendor trading their turbo mode. As you can see this one is much newer only been up for a few months because I'm sure the previous turbo accounts all crashed to $0.

Details

Strategy: Scalper and breakout, but from their vendor account, almost every trade I see is a scalp at 2-5 pips.

Performance

• Vendor Account
• Customer 1
• Customer 2

Here is the vendor account of Gold Bull Pro, which is on a demo account. Demo + Scalper = a loser in live trading. Don't believe me? Check out some of these customer accounts.

This is a customer live account trading GoldBull Pro on IC Markets, and low and behold it's a consistent loser just as predicted. Unless you find some kind of magical broker that has ideal conditions for scalping and lets you take advantage of it, your live account will look exactly like this.

Here is another Gold Bull Pro live account on Roboforex, again a consistent loser.

Details

Strategy: Channel breakout using a 200 pip stoploss, averaging 11 pip winning trades. Signals are sent as a trade copier from their vendor account like Vortex Trader Pro

Performance

• Vendor Account
• Customer 1
• Customer 2

Another trade copier from Doug Price, very similar to his Vortex Trader Pro. Pretty sure it's the exact same EA that is sending the signals with slightly different settings. He then slaps another name and price tag on it and voila, more money in Doug's pocket.

This is a customer live account trading Channel Trader Pro on ProfiForex broker. It was started June 26 2015 and is has mediocre results. We'll keep on eye on this one.

Another live customer account of Channel Trader Pro on FXOpen broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.

Details

Strategy: Vortex Trader Pro trades very similar to Doug Price’s Channel Trader Pro in the sense that it connects to their database to receive trading signals. It appears to trade any and all hours, with a risk:reward ration of 2:1 averaging 10 pip profit and 20 pip losses. Doug Price claims it measures volatility and oscillation, track price action, and monitors trends. CCI, Moving Averages, WPR are 3 indicators it claims to use.

Performance

• Vendor Account
• Customer 1
• Customer 2

Doug Price is back with his partner broker Synergy FX. This one seems better off than his REV Trader Pro however because you are essentially copying the same signals he is using.

This is a customer live account trading Vortex Trader Pro on RoboForex broker. Their results are quite similar to the vendor account which is a good sign.

Another live customer account of Vortex Trader pro on Global Prime broker. This one is fairly new so keep on eye on it to see if it continues to follow the vendors success.

Details

Strategy: Scalper during Asian session; now includes a daily ranging strategy that uses large TP and SL on EURUSD only(can be turned off)

Performance

• Vendor Account
• Customer 1
• Customer 2

There is no Myfxbook or legitimate 3rd party result verification used for any vendor accounts. Their homepage shows some MT4 statements which can easily be manipulated or said to be real when it could just be a demo. If they had any legitimate results you can bet they would have them on Myfxbook for the credibility, but they don't!

This is a customer live account trading FAP Turbo 2 on FX Choice(their recommended broker), and low and behold it's a consistent loser just as predicted. Unless you find some kind of magical broker that has ideal conditions for scalping during the Asian session and lets you take advantage of it, your live account will look exactly like this.

Here is another one on their recommended FX Choice broker in case you needed more proof.