Admin is a scammer
So I see someone else already dropped their experience here. I bought an EA from the same Fxcracked admin too, and while I originally planned to post this on FPA, I ended up here after Googling around. Might as well share it.
What the other reviewer posted was accurate, but there are a few details he didn’t mention — and trust me, they’re worth adding. By the way, I only joined the group recently and wasn't aware of the admin's history of changing names after his previous product blew up. If I'd known earlier, I'd never have bought his product.
First off, this guy’s EA appeared really soon after a suspiciously similar EA’s source code leaked online. He keeps insisting that lots of EAs look alike, and sure, sometimes that happens. But when the TP, SL, trailing logic, the entire trade sequence, and even the timing all line up exactly — plus the early bugs are the same — the coincidence theory starts to look like a joke.
The funniest part? His own comments, see below, show he doesn’t even know the EA’s trading time. Like… how does a “developer” not know when his EA actually enters trades? To be fair, he did optimise the entries better than the original leaked version. But the whole “I developed it” act? Yeah, good luck selling that.
Then he marketed it as a clean “one-shot” EA with fixed TP and SL… but in reality it’s a martingale grenade that increases the position size by 5x after a loss. Meanwhile he and the Fxcracked crew constantly accuse other developers of “scamming” for doing exactly this: hiding martingale under a nice-looking TP/SL. The other reviewer is spot-on: it’s only a scam when other people do it.
Anyway, here’s some of the comedy gold he posted in Telegram in fxcracked and his own group):
"Goldex is only for MT5 and Full Version costs 50$"
"There's not Goldex for mt4, only mt5 latest version
Yeah it supposed to get profits today if not using news filter"
"No MT4, it gets pirated and MQL5 fees are high."
When he was trying to push MT5, he made MT4 sound like some kind of virus.
Then suddenly:
"It is very difficult to upload an EA to MQL5 Market because they put many conditions and more with EAs that use pending orders, I have tried but the issue is complex so for now only MT4"
So basically: MT4 is terrible… until he couldn’t pass MT5 compliance, and then MT4 magically became his new home. Screw loyalty to original MT5 supporters.
And then there’s this gem:
"Calm down guys, it’s not luck. I will check this night which hour is better now for DST hour changed, but looks like 16:30 it’s not getting good results so maybe we should use 15:30 because summer hour change, but I will check this better this night when I’m at home"
This one honestly deserves an award. If he were truly the developer, he would already know the EA’s trade time. Instead, he’s talking like a guy who needs to go home and re-open the stolen source code to figure out how it actually works.
And now for the grand finale — the moment he basically admits everything without realising it:
"I'm tired of receiving complaints about the Goldex MT5 version, whether it's about the time zone or because I no longer provide support. What do people expect? That I'll provide lifetime support for a measly $50? When the original MT4 EA, bug-free, with support, and new features, costs $300 or more? An EA that has given me almost $5,000 in profit, and they want it to cost $50 for life and demand thousands of licenses and support? Please, use some common sense. Those who were able to buy the Goldex MT5 version for just $50 back in the day should feel lucky; many couldn't even afford it, so be grateful. So today I've released the Goldex MT5 trial version for another month, but with a free time zone. By default, it's set to 16:30, which is how the EA should operate, but you can change it to suit your needs. However, PLEASE NOTE: As this is a trial version, I will only be releasing the lot size and time zone settings. The remaining parameters will be hidden and can only be used by purchasing the real, original version of MT4, which is only available on the MQL5 Market. Please stop requesting licenses and support for $50. That's why I'm releasing this version today, and you will be able to modify the start time of pending orders as you wish."
This is actually the most honest thing he’s ever said. He openly admits he can fix the critical DST bug — it’s fixed in the trial version — but he refuses to update the paid MT5 version. His “solution” is basically:
“If you want a working version, buy it again on MT4.”
And somehow the Fxcracked admins still protect him, silence anyone who questions him, and pretend nothing’s wrong.
Honestly, they’re right about one thing: the forex EA scene is full of scammers. They just forgot to include themselves in the list.
December 1, 2025
Unprompted review