Review Time
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 .
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.
amazing signalsthey 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 HooDont be shy , join today . and start smiling like me and the wife.
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.
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) SL3) TPMega 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.
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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. See more
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