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.
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.
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 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.
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.
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.
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.
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.
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.
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 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 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.
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.
The only thing they are good at is stiffing trusting investors. All i feel is regret for ever believing and trusting these crooks with my money. They come off patient, honest and trusting but they are playing a script just to get you to trust them and then they switch on you when you ask to make a withdrwl.
43,000 GBP stuck on pending for 4 months without any forthcoming resolve, i was forced to file a report to the local police after their customer support weren't being helpful and it didn't seem like my problem was going to be resolved. Unfortunately, my local police made it clear to me there was little to nothing they could do about it but there was no way i was going to give up and watch these robbers rob me of my sweat, so I proceeded to filing a complaints with (uncac. Net) this sole action was how i was able to get out my withheld capital.
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.
As an EA enthusiast, I can safely say this is the best budget robot on the system. You won't get a better bang for your buck than Forex Steam. Especially with the new time restricted strategy they released for free.
The way Forex Steam trades connects with my personal strategy. Finding little market windows to pick up easy wins is a great way to trade, and something very few traders can do without a robot.
Great service.
I find the default risk reward ratio isn't the most appealing, but I've worked through my own settings, and I'm now working with the V10 trailing stop.
Open 4 demo accounts with your licenses like I did, run some tests and enjoy the live profits.
It's a robot that's been winning for 10 years.
V10 is a great addition to their programming and free upgrades are one of the main reasons I signed up.
I am happy with the service, but there is room for improvement.
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!
Overview
Forexsteam has a rating of 3.4 stars from 61 reviews, indicating that most customers are generally satisfied with their purchases. Forexsteam ranks 15th among Option Trading sites.
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- Sitejabber has helped over 200M buyers make better purchasing decisions online
- Suspicious reviews are flagged by our algorithms, moderators, and community members