Forex Flex EA Review 2024: How Trustworthy the Forex Flex EA Robot Is?
When you look up the name, you will see many reviews online and most of them praise the tool for its good work. But is this tool really as reliable as it seems? What do the traders have to say? Is it worth the money? Learn all about it in our Forex Flex EA review.
Flex EA is an automated trading robot that can be set up to trade just about any trading strategy imaginable, at least according to their website. The tool is praised as it is the only tool in the world that can help you profit, which is why we had to investigate it. Learn more by reading on and make sure to check out Finseas.
About Forex Flex EA
Let us tell you what we know about Forex Flex. They’re not providing any information about where they come from, so we had to check WHOIS data. According to the data, the domain was registered in 2014 with an address of 2155 E Warner Rd, Tempe Arizona, the US. This is the address that the majority of the US domains are registered on.
The robot seems very interesting, especially the way it works. Flex may open virtual trades in the background and continuously scan the market for the best entry point thanks to this creative technique. Flex will take action and automatically execute actual trades when the time is right.
The website could use some work as the bad design can be difficult for some traders to manage. So far, the only red flag is the reviews from other traders, which we will talk about later, so keep reading our Forex Flex EA review.
Company Type | AI Trading Tool |
Legal name | Forex Flex EA |
Regulation | Not expected |
Registered in | N/A |
Established | 2014 |
Website | forexflexea.com |
Financial Authorities Warnings |
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Contacts |
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If a withdrawal is possible | Depends on the broker; |
Fees |
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If Active on Social Media: |
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Investor Protection: | None |
Activity areas | United States, United Kingdom, India, Japan, South Africa; |
Main threats | Customer support issues; |
Main perks | Great reviews and performance; |
Legal Information
Unlike the broker SkyLine Markets, Forex Flex EA is not required to be regulated by law because as you may noticed, the services offered are different. Brokers are the ones providing a platform and handling your funds, while Forex Flex requires only a one-time payment.
That said, protecting your personal information and providing a secure payment gateway are only some of the many security measures firms like this one can implement. In this case, regulation falls onto the broker of your or your company’s choice.
Forex Flex EA is affiliated with some well-known and regulated brokers like HF Markets, Oanda, and Forex.com. These brokers are recommended by the company, however, you are more than welcome to choose your own brokerage and the only requirement is the MT4 or MT5 platform.
Forex Flex EA Features
Flex EA is a forex trading robot that operates entirely automatically and uses “virtual trades,” a recently created technique. To help identify the ideal entry point, Flex will open simulated transactions in the background.
Once this is done, Flex will initiate automated trading, automatically opening and completing real trades. Take a deep look at some of the key features:
- 100% Automated
- NFA And FIFO Compatible
- MT4 EA & MT5 EA Versions
- Free Updates
- Avoids Major News
- Dozens Of Selectable Strategies
- Can Trade Any Style
- Money Management Feature
- Supports All Currency Pairs
- Can Pass FTMO Prop Firm Challenges
- 15+ Built-In Indicators
- Easy Installation & Setup
Forex Flex EA Price
The minimum investment requirement is $10 on a nano account, $100 on a micro/cent account, or $1000 on a standard account. Traders are not subscribing to the service, but rather buying the Forex Flex FTMO EA lifetime license for a one-time fee. Here is a breakdown of the offer:
Forex Flex EA MT4 or MT5
- Regular Price $1059 or $349.47 with a discount
- 1 Flexible License For MT4 or MT5
- Unlimited Demo Accounts
- All Strategies/Set Files Included
- Private Forums
Forex Flex EA FTMO MT4 & MT5
- Regular price $1,515 or $$499.95 with a discount
- The only additional feature is FTMO Prop Firm EA Version
Forex Flex EA Reviews
We can’t rely much on Trustpilot reviews as there are only four in total and only one is unfavorable. However, we did find over 80 comments about this tool on the Forex Peace Army’s website. The overall score is 4.2 and the majority of the comments are positive, however, there are still some who experienced issues.
The poor feedback is only focused on customer support and not the service itself. It seems that the support is slow in replying and resolving traders’ issues. Other than that, there are no unfavorable reviews that talk about the tool and how it works, everyone gave a thumbs up!
Payment Options and Process
Before the Forex Flex EA download, traders must pay the one-time fee using either PayPal or Stripe. Stripe includes options like cards, bank transfers, vouchers, or e-wallets. There are no additional charges when paying for the tool but your bank may charge an additional processing fee.
There is no demo account for the robot but luckily, there is a 30-day money-back guarantee if you’re not happy with the tool. Once the refund is processed, you will receive your funds within 2-3 business days unless you used your card where in that case, the payment is instant.
Weighing the Pros and Cons
Pros | Cons |
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FAQ Section
What is Forex Flex EA?
Is Forex Flex EA Legit?
Although the majority of evaluations are favorable, worries regarding customer service response times point to possible problems. Before making a choice, users are advised to weigh all available options.
How to Find a Regulated Trading Broker?
Choose brokers who are registered with respectable financial authorities and make sure they abide by industry norms and rules to locate a regulated trading broker.