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Flywheel Forex EA

fly-wheel-forex-eaFlywheel Forex EA is a new automated trading robot built to run smoothly with no errors while protecting profit and growing accounts without any user interference required. The product is being sold for $149 for one real account license and $234 for 2 real account licenses. There is a 30 day moneyback guarantee for this software.

Today I will be reviewing this EA and telling the Forex robot nation readers if I believe it’s going to be a winner or not.

Flywheel Forex EA Review

There are 3 important elements the Flywheel Forex EA software is built on, reliability, convenience and premium support. They tell us that we should get similar results because we will be using the exact same settings that they use on their live accounts. There are no restrictions for changing account numbers and the software can work with any type a brokerage account.

They also promise untouchable customer support and if you want to get a hold of them just email help@flywheelforexea.com. I recommend that you email the developers before making your purchase so you can test how quickly they respond. And this is always a good idea before purchasing any system as far as I’m concerned. If the developer isn’t going to get back to you within a few days then you should look elsewhere immediately.

Results

The Flywheel Forex EA trades the 6 major pairs, EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF and USDJPY. The developers recommend the traders run the software on all 6 pairs at the exact same time. There is currently a developer my FX book account that has been running for one month and is showing a 53% gain with the TradeFort brokerage. I do not have any experience with this brokerage. We can see a drawdown that’s half of the gain but they don’t show us open trades, open orders or closed trades. This is one of the very few Forex developers that don’t show closed trades which makes me a little suspicious. I don’t want this to totally impact my judgment of the software but I won’t be signing up until I can see those trades.

Conclusion

It is too early for me to recommend Flywheel Forex EA. With just one month of testing available I need to see more from this robot and the developer before I consider running some tests. Obviously, I want to see a statement of trades so that I can better understand how the software works. Without being able to see closed orders I am concerned that the EA is trading erratically and that’s something that I would like to avoid. Please let me know what you think about the software by leaving your comments and reviews below the article now.

If you are looking for the best automated trading systems available then please spend more time here on Forex robot nation reading about what works for the community here. Thanks for stopping by and feel free to message me any time if you need any help.

One comment

  1. Hi,

    Nothing against robot only the payment processor used as i could not get a refund from it last time when i purchased a certain robot.

    So will not even purchase as this processor is bad for refunds.

    I f they change to something else i may consider

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