Forexsteam has a rating of 2.85 stars from 61 reviews, indicating that most customers are generally dissatisfied with their purchases. Forexsteam ranks 19th among Option Trading sites.
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I have seen so many wonderful Forex Steam Reviews here and I have to say I agree with ALL OF THEM. I bought the software in mid 2019, and I've since grown my accounts substantially. THe only trouble I've really ever had with the software is when I was using it during the election a couple weeks ago. Took a few losses then, but the Forex Steam team mentioned this may happen on twitter so it's not my fault for not listening. Still up big though.
My father took a $75 initial investment turned it to 500, withdrew 300 at 10% brokerage fee, but the money was emailed money transferred to him from the broker's wallet, and somehow skipped his bit coin wallet. Then he make another 500 and withdrew it again, personally emailed money transfer. Then he turned that into 17,000 USD, over the course of 3 months, and they took his money and abscond and block him off, no response from them, and his countless hours of trading has disappeared. They take advantage of people forced to work from home and keep you from withdrawing funds, until you have a huge increase in your fund, then make away with your fund. REQUITAL.0RG did it all by recovering my funds.
I have seen so many wonderful Forex Steam Reviews here and I have to say I agree with ALL OF THEM. I bought the software in mid 2019, and I've since grown my accounts substantially. THe only trouble I've really ever had with the software is when I was using it during the election a couple weeks ago. Took a few losses then, but the Forex Steam team mentioned this may happen on twitter so it's not my fault for not listening. Still up big though.
Not sure exactly how Forex Steam works, but the trade algorithms seem really effective. I really like the entries that the robot takes, because the trade never starts in a loss. It's like they have the perfect trend direction system in there some how. Maybe they are using indicators or something proprietary, but whatever it is, is really working to increase my trading account.
There are two version provided with Forex Steam, the Normal and the Light V10. I don't recommend the "normal" to anyone, this thing is very high risk and has a funky money management system. It's nice that they provide two options, but it does seem like 99% of the Forex Steam users are running Light V10, so stick to that.
My Light V10 account is up 250%, and I haven't adjusted much. I use a tight max spread setting, trading just the EURUSD, and sometimes I'll manually intervene, but usually only once every few months I'll cut a trade short if I don't like the direction it's going in.
Nothing but positive account results so far with Steam.
It's a good service, and a really great experience.
It's handled the corona virus market fluctuations much better than I anticipated too, BONUS!
I get mostly wins with steam, every once in a while a 20 pips loss, but nothing that I can't handle.
The hard stop is higher, but I've never hit in the year I've been using steam, so I'm up every month.
I've started avoiding some high impact news days manually, and I hope they add it into the software again, like they used to have it.
Works to win pips steadily, and does so with limited risk.
Drawdown is always very low, and thats something I look for in automated systems.
Forex Steam is worth every penny
The software has helped me grow my account substantially over the years and I plan on using it til at least 2030
I'm a newer trader, or well I was when I bought Steam over a year ago.
Steam helped me learn how to automate trades and get some easy pip wins every week with low risk.
Plan on using it for a very long time.
Went in not knowing much about robots, and now I feel like I have a full degree!
I'm always winning most of my trades too :)
At just over $100 Forex Steam is a bargain.
You don't get the flash, and it's a bit harder to setup than something that costs $200, but it's a good bot to start out with.
Can expect 10-20% per month.
If you want to win trades then this is it for you. Priced low I didn't have many expectations going in, but after using Forex Steam for a couple of months now, I know that it's a solid program.
Make sure you set it up like the members area videos show and you'll do great.
Tip for consumers:
Contact support if you need help!
I swear I used to shake every time I'd go over to my computer because of the mental pressure of manual trading. Now that I'm using Forex Steam for automated trading this is gone. The pressure is aleviated and I'm able to trade in peace. I even started to do some manual trades with the winnings so I don't feel like I'm losing my money. Just playing around with the money that STeam is making me.
I'm a newb, I'll admit it. But I don't care about my lack of trading experience, because Forex Steam handles that for me. I probably make more money than real traders who spend hours a day looking at the charts, just because of my robot. I found something that works for me, and I'm very thankful for that.
I left a similar review for Forex Steam already, but I think it's important to share it on a couple platforms.
Steam is a winning robot, but it takes time.
I struggle to matchup with the vendor results, and decided to take my own path. I started playing with settings, optimizing, and eventually found myself very profitable. The support team did provide me resources which helped, like the time restricted strategy, but I did a lot of the work on my own.
Mostly the work was setting up 4 demo accounts, changing the settings, letting them run 3 weeks, then changing again until I found what I liked.
Great EA. In the process of testing more pairs right now, I'll check back in soon with some optimized settings for all, thanks!
You really aren't going to find anything better than this for $120 in the Forex robot marketplace. It's cheap, and powerful.
They also have version 10 of their software hitting the market soon, which will be a free update, so that's just another reason to get involved.
Inexpensive robot that is a great system to start with when getting into automated trading. Pretty easy to use, and some nice guides to follow along the way.
Using the Steam Light version with time restricted settings during the pandemic and I'm up consistently.
On some pairs I'm just having it open trades during 3-4 hours a day and this is keeping the risk low.
IT IS HARD TO FIND A GOOD QUALITY EA TOOL THAT CAN REALLY MAKE PROFITS CONSISTENTLY. FOREX STEAM IS A BEAST HANDS DOWN! IF YOU KOWN HOW TO PLAY WITH IT'S SETTINGS AND JUST KEEP IT SIMPLE. GOOD GOOD GOOD!
I don't recommend trading over the holidays but I've been using a very low max spread, and I've been able to avoid most of the volatility and actually win throughout this time period.
Been with Steam 4 years now.
Started with normal, but felt over the years that hte normal version became useless.
Then, they created Light V9 and that is better than the normal ever was.
They claim to be working on normal, but as of right now it's too risky.
Stick with light version and you'll be happy.
The good thing is both versions and any further versions all come in the same package.
Just trading for the first time with Forex Steam and I'm pleasantly surprised.
There are times I wish it traded more which is why I give it 4 stars, but I can't complain with all the wins.
Been with steam 4 years, and it's crazy to think this is my first review but it is.
Out of the 4 years I've only had 3 losing months, and the rest are either breakeven or wins.
What you want from an ea.
I really enjoy using this software.
It wins at a high rate, and brings in at least 20-30 pips per day when it's actively trading.
FSLight9 is my fav version.
Long time member, thought it would be a good idea to let everyone know that this is still working for me. It's crazy to think that I've been using this for so many years, but it's my favorite hobby to get a few extra hundred bucks a month in my pocket.