Elio
Posted
Azienda molto professionale e disponibile. ma bot troppo rischioso anche se con bassi lotti.
AziendaI hate to write this, but I'm obviously free to give my honest review. First of all, the software is very good, and the entire team is truly friendly and helpful, as well as extremely kind. Having said that, I must also say that the problem is the automatic settings for losses, because it goes against the trend for a long time. They use a strategy that's too risky; with every loss, they add a kind of costly martingale. If you're lucky, it recovers the loss, but if the trend continues to go against it for more than 24 hours, like it did for me, then it quickly burns through your entire account. Because it over-multiplies the various subsequent trades, so it reaches a point where, starting from a 0.06 size, like mine, in 24 hours or less, it reaches 28 euros in size, and then, if it fails to win, it inevitably leads to you burning through everything. I know they warn and recommend using the minimum trade size. I had a low account of €400, and they themselves said €400-500 would be enough. Obviously, the more I put in, the better. Except they don't tell you that with such a low deposit, the potential earnings obviously also mean relatively low earnings. Basically, with the 0.03 size they set for me, I earned about 15 cents per positive trade, and at the end of the day, if I reached a total profit of €2, that was already a lot. Calculating the monthly subscription cost, obviously, before I broke even, I would have had to trade for almost a year before seeing any profits, assuming everything had gone as planned, i.e., days with total profit. So I asked how I could do it, and they offered to double the size, which would have meant I'd go from a 0.03 to a 0.06 setting. I said yes, hoping that we could eventually get at least close to the monthly subscription cost more quickly. So between 0.04 and 0.06, there wasn't a huge difference, but it would have helped me climb the ladder more. So now I was earning about 30 cents on each winning trade, so not a lot. This made me earn about 4-5 euros every full day from morning to the next morning. 24 hours. After 3 days, from Monday to Wednesday, I had about 14 euros in profit, so 424 euros. On Wednesday evening, he automatically opened a position on Etgereum Buy, and I saw that it was starting to struggle. I left everything as is and didn't look at the chart anymore. The next morning, around six o'clock, I looked and found that the account margin had dropped by about 70 euros, but I left it alone, and I saw the size of each subsequent trade increase dramatically. I let it go, and towards the evening or the next morning, I don't remember exactly, I arrive home from work tired, open the PC and see zero in the account. I look at the trade history and see that he basically opened several successive buy trades, and the last one at a very high size, and since the price continued to drop, he stopped me at about 380 euros in losses. Then I saw that he continued to trade, but between one win and another, the account had completely disappeared. I had nothing left. Obviously, the bot owners will reply to me here, saying that if I kept the size at 0.03 instead of 0.06, it wouldn't have burned my account. However, what difference would it make if instead of gaining 15 or losing 15 cents, I won 30 or lost 30 cents per session? You can't create a system that burns everything from a minimum of a euro by trading only with a 0.05 size. If the countertrend had continued a bit longer, it would have burned any account, even a larger one. Even with a 0.02 size, it would have multiplied the trade even more if the countertrend had ended even later. So their defense in saying the 0.05 cent size is too high makes no sense. The funny thing is that on their website they boast that the bot stops after a 3% loss. Absolutely false; otherwise, in 24 hours I wouldn't have had such a significant drop that it burned my entire account. You can also see on their 100K demo account currently on Myforexbook that after a few months of profit, with a size of just 0.02 cents, last week it dropped by over 40K, bringing the account back to a loss. It's since slowly started to climb back up. So, if a 100K account can only trade with an initial 0.02 trade size, and every new trade, even after reaching a total profit of 40K, manages to go from 0.02 to 45 lots in two days, and continues to lose more than 45K, it means it's too risky. Any bot does this, but with a multiple martingale, any bot makes money the first few days, but then, when a countertrend setback hits, it continues to open in the same direction for several days with excessively large lots, and ends up burning everything. Usually, software with a dangerous martingale does this. I've seen several like this, but it's not good. Thanks
Response from MechForex Trading Robot· Sep 26, 2025
Thanks for your review, Eliott. You started with only 400 Euros. The EA can only perform as good as your broker and account allows. If you have a small account balance, the returns will be less, if you try and use the EA as a means to make lot of money fast, you'll have limited success. It takes margin to trade and if you don't have it, that is not the fault of the EA that's the fault of your lack of capital. We actually suggested that you DO NOT increase the lot size on your account since this would double risk on your small 400 euro balance, but YOU INSISTED that we double the lot, so we did that on your behalf. You complained about small profits, but that is the nature of keeping risks low and being successful with a small balance. Small balance = smaller returns. You CAN risk more to make more, but that's not advisable and we tried our best to make that clear to you. This is not a get rich fast scheme EA, this is designed for steady consistent growth. We have plenty of very happy users who use the EA correctly(suggested settings). Good luck to you on your trading journey. MechForex Team