MegaFX Signals | Forex Signals Reviews 

154
TrustScore 2 out of 5

1.9

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Rated 1 out of 5 stars

The guy running this company is called Mahad. Avoid his signals, he is not profitable and I would also put him in the bracket of a con artist. A few years ago I paid a lifetime fee to join his di... See more

Rated 1 out of 5 stars

Absolutely do not trust this human, double-crossing scammer. He will deceive you by telling you to deposit money that will yield 10 times as much in just a few days. Absolutely not, do not trust anyon... See more

Rated 4 out of 5 stars

On a whole the EA has been performing well bar the odd month where markets can be difficult to predict. Customer service has been great with responses always provided within 48 hours of raising a qu... See more

Company replied

Rated 1 out of 5 stars

Do not trust! False advertisements. Their mega sniper entry finder is just MACD. It is not worth the money. This can be downloaded for free on tradingview and available for MT4 and MT5. They have on t... See more

Company replied

Company details

  1. Consultant

Written by the company

MegaFX consists of a team of seasoned, successful veteran traders with over a decade of experience in forex and fintech development. Throughout the years, we revolutionized Forex Trading for thousands of traders, using our own statistical trading methods combining both fundamental & technical analysis. We analyze the markets 24/7, observe the world economy, and provide accurate trading signals every day. Our goal is to deliver an unparalleled trading experience providing our clients with signal services that offer the most competitive trading conditions available in the market. We thrive to provide high-performance market analysis and accurate trading signals. Our professional traders relentlessly analyze the Forex markets 24/7 searching for the best trading opportunities. Whenever a potentially profitable trade is entered our clients receive a telegram message update with all the key details; entry price, stop loss and take profit, etc. Our clients then simply copy the signals we provide and place risk-free, profitable trade on their trading account. By joining our Forex signal service you will be able to exactly follow the Forex trades of highly experienced traders.


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1.9

Poor

TrustScore 2 out of 5

154 reviews

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2 reviews in the last 12 months

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Rated 5 out of 5 stars

Mega EA

Mega EA
The best and easiest way to go without trading with emotions! Profitable 🎉🎊🍾

March 15, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you so much for your valuable feedback Dear Anthony Dunn. Glad you are making profits. Keep trading with us.

Rated 5 out of 5 stars

Very consistent and trustworthy…

Very consistent and trustworthy service. If, we follow them no words to say Loss. Highly recommended.

March 6, 2022
Unprompted review
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Reply from MegaFX Signals | Forex Signals

Thank you for your feedback, Mr. Abdul Nasser. It feels good to see our clients making growth with our services. 😍🔥

Rated 4 out of 5 stars

Good

Good services

March 6, 2022
Unprompted review
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Reply from MegaFX Signals | Forex Signals

Thank you. Keep following us.

Rated 4 out of 5 stars

Megatrader EA's consitent performance

Hi, I am Om Prakash J Dubey and one of the subscriber of Megatrader EA since 13/01/2022 and getting consistent profit. I am thankful to the guy who introduced Megatrader EA to me and grateful to Megatrader EA for developing such wonderful system which never let's you down.
I recommend Megatrader EA to everyone who are intrested in forex trading. No doubt it gives slow but consistent profit .

March 4, 2022
Unprompted review
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Reply from MegaFX Signals | Forex Signals

Mr. Om Prakash J Dubey
Thank you for using our MegaEA. We are extremely happy to see our clients happy. This is our core goal; to maximize your profit with the best trading solution. Keep trading with us. May you have a very profitable week ahead.

Rated 1 out of 5 stars

STAY AWAY from MegaEA!!! Dont do business with them.

This review is for their Expert Advisor, MegaEA: The Meta Trader 4 adviser sold by these same guys, MEGA FX.

Dont do business with them!!!! Stay away from these guys!!!!

First word: Liars. I paid $99 for their EA bot for trading on Meta Trader 4 - little did I know they were going to try to connect me to their VPS, and basically not let me get an actual MetaTrader EA. It took me like 4 to 5 days to get the EA. I had to beg. They delayed and delayed. Everyone will call you 'sir'. Someone will come on the telegram group and say 'Sir this is Ellie. I see the issue you're having. Please wait 24 to 48 hours for the expert in our EAs to send it to you'.

They act like they have sooo many customers and need 1 to 2 days to get you simple downloadable software.

These are some of the WORST people I ever dealt with in the Forex/EA market. Maybe others had a good opinion of them, but I'll be one to put a BAD review and basically say - I think they are a SCAM company. I have no idea how they have 'good review'.

Do not trust these folks. They all claim that...let me wait for the expert in EAs to start his shift in 24 to 48 hours. I literally had to BEG them to send me the EA for MetaTrader4 that I had paid for.

Dont do business with these people. They have such aggressive advertising...but you need to ask yourself. If their signals are REALLY making money, and their EXPERT adviser is that good, why are they so aggressive in their marketing?

So in summary, NEVER buy their EXPERT ADVISER. After I bought it for $100, I had to join a telegram group and basically start asking 'where do I get the software I paid for'?

They make their whole process very human-based...that is, you'll always asking someone, they try to control the investing...Even when I was connected to their signal, It made VERY VERY VERY VERY LIttle profit.

March 3, 2022
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Mister,

We have tried to serve you the best from our end. MegaEA is one of our best trading services, helping global traders every day to profit. As you can see here as well, almost 60% of the reviews of us are somewhat about how good our EA works. Thus, your claim that our advertisement is exaggerated and false is nothing but wrong. People's reviews and their experience say it all.

We tried to contact you several times regarding the setup, but you did not cooperate with us at all. MegaEA is in constant profit and the reason we have a good reputation is because our clients are so cooperative and understanding of our situation. It is so obvious that it would take a day or two to set up by our trade team, and the time you wanted the service was the week holiday. So we couldn't provide you with the setup service. 

But then, after you started to threaten and falsely accuse us, You do know that we have thousands of active traders as our clients and that hundreds are buying our MegaEA every day. Do you really believe we could have stayed in this challenging market if we had done any wrongs with our loyal customers? 

Anyways, Go ahead. As you said, you want to contact your bank. We have tried our best to communicate, but your aggressiveness held us back. 

If you want to continue your journey with us, YOU ARE ALWAYS WELCOME. Kindly contact our customer support to proceed further. You know, we won't disappoint you in any way.

Rated 5 out of 5 stars

Mine was the EA wonderful

Mine was the EA wonderful. I have been using the EA for 8 to 9 months now and my account has been double
Don't hesitate guys buy it

February 28, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you, sir, for your appreciation. We are glad that you are making a profit with us. Keep trading with us. May you have a very profitable week ahead.

Rated 5 out of 5 stars

amazing signals

amazing signals
they are able to pinpoint the entry and accuracy with a level i have not seen before. Made so much money since i joined If anyone is leaving negative comments then i cannot possibly believe they are true. these negative comments must be from the worried competitors cos they see the markets being torn apart by Mega FX right in front of their eyes. Boo Hoo Hoo
Dont be shy , join today . and start smiling like me and the wife.

February 24, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Dear Clive Stuart,
Thank you so much for your appreciation. We are glad that you are making a profit with us. This is our core goal, to minimize your losses by providing the most accurate signals from our team of expert traders and market analysts. So be sure, we will be enhancing your savings account more and more. STAY TUNED WITH US.

Rated 5 out of 5 stars

Mega EA for FTMO

I utilized mega ea for my FTMO challenge. The challenge portion was passed in just 6 days and I’m currently in verification. I’ve had consistent profits with this EA in the past and highly recommend it for your accounts.

February 23, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you so much for your appreciation 🥳We are glad to see that you are enjoying our EA performance. Congratulation on your great achievement in passing the FTMO Challenge with the help of our service. And for the next stage wishing you all the best. We hope your account grows more. Stay tuned with us.😇

Rated 4 out of 5 stars

Great customer service

Their customer support is great, really kind and responsive admins. So I subscribed to their EA last 27 January with initial deposit of $1002.47. At the first week with them, it was making small profits everyday, and the second week their was some few losses and followed by another bigger lose than the profits gained the previous week so currently, overall, I haven’t had profits yet and still recovering from the loss. First month experienced a drawdown already lol. But yeah so this is how the market works, we never know not unless you have a really solid knowledge of how the whole market works unlike me who is just starting out in forex trading and still learning the basics. Sometimes, it puts me on the verge of moving to other EA forex company seeing the results of their subscriber (close friend of mine) doing well than mine but I will still closely monitor my account and study financial markets to see how my account is doing. Overall, I appreciate their customer support service, really nice people and this is not my last review with them, will continue to put reviews in the coming months how it goes.

February 21, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Dear Mr. Kaiser, 

We appreciate your valuable feedback. 
Sir Mega EA works based on the different account balances. So, based on balance, risk strategy, and your starting day, it may differ. Anyways, keep your patience because our EA serves the best interests of its customers. 

And to get more details, you can contact our support team. According to our support team, they are very glad to have a conversation with you and appreciate your kind effort to understand the issue. 
We appreciate your feedback, sir.
Keep trading with us because your good days are returning with the help of Mega EA.

Rated 3 out of 5 stars

Good signals but half the time no stop loss

Good signals on the VIP telegram subscription, but quite a few trades are sent with no stop loss on the signal when it is first sent. they then send it 10 seconds or a minute later, but if you have a strategy where you trade 1% of your account balance per trade , it is impossible to calculate what 1% is without a known stop loss. you can only calculate 1% after they send stop loss, so you sit there unable to open the trade until that arrives. This should be sent at the time of the signal being first sent. ( I dont know why they don't just wait just 10 or 20 seconds and send it all in the same message as it would be a lot more efficient and streamlined. ) If you have a signal copier ( Mega FX Copier , or your own copier ), then the trade signal will be rejected if you have it set to trade 1% of account balance. Editing the message and re-sending it after 10 secs or 1 minute, is too late for a copier as it has already rejected, and sending it as a "reply" to the 1st message doesn't contain the original trade signal in a readable format. ( Please Mega FX learn how Telegram signals work ). Trading fixed lot size is an alternative, which Mega FX Copier has a setting to trade "if Stop loss unknown", but with stop loss size varying from trade to trade ( 15 pips , 40 pips etc etc ) the risk is never the same. It just means a lot of trades missed on copier "1% strategy", or a wait for stop loss to be sent and then manual calculated 1% trade entry ( because your copier rejected ), or a fixed lot size which like i said is never the same size risk .
Please just send the trades with all info from the offset.
I have asked them to look at this on their various Telegram chats channels, but on one side I had the customer services people telling me its a copier issue , and the copier help channel telling me its nothing to do with him as he doesnt create the trade signals.

1 very easy fix = send all the information from the offset. Copier wont miss any trades.
Trading a percentage of the account balance is better than a "fixed lot size" when the trades are of varying stop loss ( which Mega Fx signals are )

UPDATE TO THE ABOVE REVIEW
MEGA FX still sending signals with no stop loss, therefore not able to trade @ 1% of account balance trades. therefore the copier they also like to sell you to assist trading their signals will reject some of their trades with this 1% setting. Quite a few people work for this company, but none of them are telling their traders to send trades in an organised format. Most other signal providers send the signals with
1) entry price
2) SL
3) TP

Mega signals don't / won't . Their traders wont listen to the customers needs and send orderly trades. Sending the SL "a minute or two later" is not good enough.

February 19, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you for your suggestion Mr Dinamo Zagreb. We look forward to customers like you who have been profiting with our services but want to contribute directly to our services as well for further development.

As you’ve already seen on our Telegram VIP Channel, we provide the SL along with the signals. However, sometimes we do give SLs a minute later for our copier to accurately grab and set the signals. But as your concern is to regulate your lot size according to your balance, we will definitely work on giving the Stop Loss immediately for all of our provided signals.

This is a pleasure to get a constructive review from our clients. Keep trading with us, because your demand constructs this MegaFX.

Rated 5 out of 5 stars

This is the best EA i've ever…

This is the best EA i've ever experienced. Affordable prices, help others, great performance!
Surely i will forever subscribe here.

February 15, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you for using our MegaEA. We are extremely happy to see our clients happy. This is our core goal, to maximize your profit with the best trading solution. Keep trading with us. May you have a very profitable week ahead.

Rated 4 out of 5 stars

Hi I m Sandeep I have use megatrader EA…

Hi I m Sandeep I have use megatrader EA from 31/12/2021,it give me consistent profit I reccomend other also to use this EA for slowly safely & consistent profit

February 14, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Mr. Sandeep,
Thank you for using our MegaEA. We are extremely happy to see our clients happy. This is our core goal, to maximize your profit with the best trading solution. Keep trading with us. May you have a very profitable week ahead.

Rated 5 out of 5 stars

MegaFX

I'm best believe to MegaFX still live ok

MegaFX EA automatic profit more happy very 😍😍😍

February 12, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Mr. Nihas,
Thank you for using our services. Glad you are making profits. Enjoy the trading and earn profit.

Rated 3 out of 5 stars

Be Careful

I am currently a VIP member using the copier. Mixed feelings at the current time. I can absolutely prove they do not post all their losses in the free or paid channel.
The past performance was one of the reasons I joined the group. They will win some trades but the number of trades hitting SL puts my account just slightly above even. So I am making money most days, (not every day, however). I also use the EA and can say I am happy with the EA results. Paid for 6 months of the EA, and will likely renew if it continues to perform well. Reverse for the copier signals, if things do not turn around, I will not renew (even though I have the copier for lifetime). I have not tried the commodities and indices trades so I cannot comment on how well they perform. I will update this review if I see the transparency they claim to want. But until they show the SL trades along with TP trades, I will hold (with proof) to my statement of misleading stats for their trades.
Feb 14: Another SL with no mention in Telegram.
Feb 18: Finished week with a loss as a USOIL trade hit a big SL.
March 10: Another day of big losses.
March 7-March 11 = $102 Loss
March 14-18 A profitable week. Still down over $100 for the month however.
March 28: 8 trades today. 5 hit SL, 2 hit TP and one ended up zero profit at closing. March so far showing a profit of $71 using .01 lots.
March 30: 5 trades today. One hit TP1, 3 hit SL, and one closed with a loss. Lost $23 today.
March 31: Last update as now the MegaEA is now closing trades with losses. The mighty MegaEA is nothing more than a grid EA that you can get for free. You will incur swap fees galore as these trade can be open 2-3 days or longer. I have ended alll my connections with this group as my account is now about 70% of what it was when I started. Have paid for 6 months of EA and signals end in late April. I will continue to run the signals in demo only. Good luck to anyone using this service.

February 11, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Hello, Mr. Lawrence,

As you have experienced, we are consistent in providing the most profitable signals and breakdowns of most of our given signals regularly on our telegram channels. 

As you have been profiting from using our services for all these months and researching quite thoroughly, you must know we post results weekly including SL & TP. Usually, in total, we always ensure the profit that's why we request you to contact our trade support to know about the calculation more clearly. 

And as for our copier, our traders are profiting. If there are any technical issues from our customers' end, then please contact our support team. Moreover, we are in the process of making better solutions via copier, so be patient. Because your return will be the answer to your complaints soon with the copier. 

We honestly appreciate your feedback and hope we will have a longer trading journey together.

Rated 5 out of 5 stars

I recently joined Megafx

I recently joined Megafx, and the signals are excellent. Anyone can gain good number of PIPS per week if they trade all of their transactions & follow effective risk management. Highly recommended.

February 4, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you so much for your kind feedback. It really makes us happy to see our clients making profits with our signals in growing their accounts. Hope you will make more profits with us

Rated 2 out of 5 stars

Very good marketing but very bad…

Once again you try to tell lies and decive the people. If you could get a 50/50 in a good day….don’t buy the service you will get dry very soon (give them 2 months and you could lost more that >1000$.
They only want to sell you the copier trade and the EA so you going to lose all the money because of the bad market….do yourself a favor stay away of this service

February 1, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Dear,
On our website, you have five options for subscriptions to choose from. As per our clients’ demand, we often promote annual subscriptions.
However, our promotion is not the end of our story. If you are into our Telegram channels for Copier and EA, you’ll see how our signals and services help the traders profit seamlessly.
If you have been in the forex market for even a minimal amount of time, you will know that there will always be wins and losses. And if you check our channel, where we post our results with proper transparency, we win 8 to 9 trades consecutively. Each month, we publish our total gain results. So if you consider one losing week to judge our years of service, even though we're gaining 80%+ of the time,... It is a bit unprofessional, don’t you think?
And there are barely any complaints from your end with any sort of evidence. Why don’t you give a constructive reason for your complaint?
Thousands of our loyal traders are benefiting from our services. So please stop spreading these completely false rumors.

Rated 5 out of 5 stars

Unique and Reliable

MegaFxSignals, MegaFxEA, MegaFxAdmin are simply the BEST in their services. Reliable and Efficient, you can't beat them. Keep up the good work. 🙌

January 6, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you for your feedback, Sir. It feels good to see our clients making growth with our services. 😍🔥

Rated 4 out of 5 stars

EA systems

The only profit making instrument will be their EA.
Only downside is the EA is slowly growing.
The customer service is good too as they reply promptly

January 5, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Thank you so much Sir, We will try our best.

Rated 5 out of 5 stars

Awesome project and tool

I haven't had to use the mega EA for long but for the time I have used it, it has been marvelously great. The admin is awesome and takes care of every question and issue. MEGA EA in my current opinion, is a great tool.

January 4, 2022
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

That's awesome! 🔥🔥
We are glad to see you happy. We will be making profitable trades more and more, so stay tuned with MGFX sir.

Rated 5 out of 5 stars

I like the service from megafx…

I like the service from megafx services. The signals are accurate and real! I have tried much signal providers but megafxsignals is by far the best.

December 27, 2021
Unprompted review
MegaFX Signals | Forex Signals logo

Reply from MegaFX Signals | Forex Signals

Happy to see you're enjoying our service in such a way. Thank you so much for your feedback❤️

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