Why I Do Not Recommend These Forex Bots
I do not recommend.
The strategies are mainly based on martingale, with no real stop-loss or with the SL placed extremely far away. Profits are closed using a trailing take profit and are purely symbolic, while drawdowns are very large. Frequent small gains only hide the fact that one loss can wipe out the entire account. In the long term, this does not work — there is no verified track record longer than 1–2 months, accounts are reset or end in a blow-up.
The so-called “AI bots” are, in reality, a misunderstanding — many versions and names, but none of them are developed to the level of a stable, professional strategy. It looks like mass production rather than any real market edge.
Communication is fine only until payment is made. After that, when you start asking uncomfortable but valid questions, support disappears, the seller becomes defensive, and presents an attitude of “I know everything best”. He can write code, but clearly does not understand the Forex market — it is always the “bad market” or “clients wanting too much profit”.
Additionally, his English is very poor, making communication difficult and often unclear.
A lot of marketing, very little substance, and extremely high risk. Strongly not recommended.
