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This post is a placeholder for the review of Toms EA. This is a Forex trading product developed by an unknown coder. It’s cost has yet to be determined and so is secure payment processor. This Forex product will likely include a 60 day money back guarantee. The reviews we have heard thus far aren’t good.
Tagline: The secret is out: the Forex trading robot that actually works!
Website: www.forexdemolition.com
Results: At this point in time there Toms EA results provided. The nature of these results is strong as they are hosted with third party MetaTrader statistics websites. The website that this system is utilizing to provide their proofs is myfxbook.com a well respected site when it comes to hosting Forex trading results. The problem with results that aren’t hosted on third party websites is that they can easily be fabricated or falsified. Luckily, this isn’t the case here, following are the results provided by the developer.
www.myfxbook.com/members/TomsEaWPFXlive/tomsea-wpfx-live/151409
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Hi Bob,
I’ve trialled this for a time and found it was profitable but with a take profit of only a few pips and to trade 6 pairs a large account size would be needed. It also had drawdown for long periods. The price to buy is $1997 or $97 per month to lease – very, very expensive.
I found this Tom chap refreshingly upfront and honest. Contrary to your remark that he will give a refund, this is not so as he has allowed his EA to be trialed for two weeks before making your decision to purchase and presumably if it works well while using it as a freebie, you have accepted that it will continue to do so. I had trouble loading it onto my MT4 platform but I must say the support staff were extremely helpful but as I have only just started to use it and as it is Friday, I have no results yet and am considering buying it if my results are good and the price is right.. It works on most pairs on the 1 minute time frame but they recommend using it on 6 of the most common.