Mohotrend Reviews 2

Scam!! Products doesn’t work efficiently & they claim they gave refunds. Which is a lie!!! I will be going extra lengths to make sure these scammers go down. Currently in contact with a lawyer in their country! They’re not even a legit company that’s acknowledged by the government.You will regret holding my money hostage. If your bots really worked, you wouldn’t be holding my $218 dollars hostage. Will be calling my bank as well. I tried to get my money the right way. Now am going the extra mile to make sure these people learn. It’s all about principal for me!

These are my thoughts after using the EA for almost 2 months:

This EA is using grid trading strategy with no SL(the EA will just continue which is going to move the SL further and further away from your open trades) which is going to blow your account sooner or later. I have experienced from their GBPUSD pair(going downtrend due to BoE news on November 2021). The EA opens a few trades right just before the GBPUSD pair go to a downtrend which resulted in a floating trade of nearly -$200 from the EA’s grid strategy. Now as of mid November, both GBPAUD and EURUSD has opened 9 trades each which increases the drawdown heavily! It might not be a big deal for some but imagine what if every pair is going in the opposite direction of what the EA trades(Chances are very low but who knows right since the forex market is not predictable) it will blow your account eventually. The news filter is a gimmick in my opinion especially when the EA has already opened a couple of trades before the news hit. If the news doesn't go the way the EA trades the EA will eventually open more and more trades which increases the drawdown! The only good thing I like is their support team is very responsive(typically reply within a few hours even during weekends). I will constantly check and update my review once a while if there’s anything new to add. For now, I do not recommend anyone to get this EA!

Update #1 They have updated their EA to V2.6 but the strategy is still bad. Currently have 11 open trades for GBPUSD with -$135 DD. The new parameter is similar to Swing VIP which either they are from the same mother company or they just copy their EA!

Update #2 The EA has officially blown my $1k account! DO NOT GET THIS EA!!!