Is Forex 99 EA reliable for your trading account? Should you buy this EA for a better trading experience? Read this review to find out if forex99.com is worth your money or scam.
Table of Contents
About Forex 99
Forex 99 is a forex robot available on vendor’s website. The creator of this product is not known, however, it presents a claim of more than 10 years trading experience.
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According to the vendor, the EA takes profit and stop loss. It manages forex traders’ money and offer to trade cent and even standard account.
Forex 99 claims to give advantage in the financial market with its expert strategies. Here, it offers forex traders an unfiltered community telegram channel.
The EA recommends currency pairs like USD/JPY, EUR/USD, AUD/USD, AUD/JPY. Also, the vendor offers different account types. See below.
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forex99.com: Reasons to Avoid This EA
Forex99.com is a forex robot that fails to pay attention to details. The sale pitch of this EA shows some transparency issues of the product.
The EA has no cash back for the product. There is no guarantee that your money will be refunded if the product does not work as it is claimed to be.
The customers’ feedbacks are pretty worrisome. There are no reviews on Forex Peace Army nor Trust Pilot. It means customers are not satisficed with the EA despite the promises.
There is no free trail for forex traders to know the viability of Forex99 EA. We are met to have an option to test the product so we don’t purchase a product that is a total scrap.
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Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
Forex 99 EA Trading Strategy
Forex 99 claims to use strategies such as Break outs and Heiken Ashi indicators. However, the vendor provides us with little information about the strategies. For the time frame, there is no time mentioned for trading with the forex robot.
Forex 99 EA Trading Results
According to the trading result of this EA on myfxbook.com, the account traded on Jan 2020 made a gain of -99.86%. The daily gain was -1.08%, a monthly gain of -44.26% and drawdown of 75.31%.
Also, the account closed 145 trades with an average win of 39.85 pips and an average loss of -104.44 pips.
Conclusion: Is forex99.com a Legit Forex Robot?
We say Forex 99 EA is not a legit forex robot. The lack of details on important insights is a turn off. EA like this one should provide enough information for traders to have some level of trust.
Not guaranteeing forex traders a refund for their money is a red flag.
To this end, we do not recommend this EA for use for reasons we have mentioned.
If however, you have anything to say, kindly comment on the opinion section.
