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ForexsteamReviews 61

3.9
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Forexsteam Reviews Summary

Forexsteam has a rating of 3.9 stars from 61 reviews, indicating that most customers are generally satisfied with their purchases. Forexsteam ranks 5th among Option Trading sites.

service
2
value
1
quality
2
Minnesota
2 reviews
3 helpful votes
Follow Renee J.
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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.

Date of experience: March 5, 2024
Malta
1 review
0 helpful votes
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REQUITAL
August 30, 2023

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.

Date of experience: August 30, 2023
Texas
1 review
0 helpful votes
Follow Andrew T.
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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!

Date of experience: July 5, 2021
Japan
1 review
1 helpful vote
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Mostly wins
February 26, 2021

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.

Date of experience: January 25, 2021
New Jersey
1 review
3 helpful votes
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Enjoying the new hobby
January 17, 2021

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.

Date of experience: January 17, 2021
KR
1 review
0 helpful votes
Follow Tabetha P.
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On a nice winning streak
December 31, 2020

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.

Date of experience: December 31, 2020
Japan
1 review
1 helpful vote
Follow Yness X.
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Getting more than what you pay for
December 9, 2020

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.

Date of experience: December 9, 2020
Indonesia
1 review
1 helpful vote
Follow Millie I.
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Don't expect overnight results
December 3, 2020

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.

Date of experience: December 3, 2020
Viet Nam
1 review
1 helpful vote
Follow Sady V.
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I agree with the Forex Steam Reviews
November 17, 2020

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.

Date of experience: November 17, 2020
Oregon
1 review
3 helpful votes
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Light V10 in 2020
November 5, 2020

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.

Date of experience: November 5, 2020
KR
1 review
1 helpful vote
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No more shaky hands
October 16, 2020

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.

Date of experience: October 16, 2020
TW
1 review
0 helpful votes
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Really strong trade algorithms
October 15, 2020

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.

Date of experience: October 15, 2020
New Jersey
1 review
1 helpful vote
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Futuristic trading for newbs
October 12, 2020

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.

Date of experience: October 12, 2020
Thailand
1 review
1 helpful vote
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Solid Still
September 4, 2020

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.

Date of experience: September 4, 2020
Pakistan
1 review
0 helpful votes
Follow andy g.
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From demonstrating total availability and transparency in every action taken, can't be thankful enough to have joined this team

Date of experience: July 30, 2020
Utah
1 review
0 helpful votes
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4 months strong
July 18, 2020

I'm into my 4th month with Forex Steam and the EA continues to perform well.

My focus lately has been on USDCHF and EURGBP on a time restricted account with defaults.

Date of experience: July 18, 2020
Arizona
1 review
1 helpful vote
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Very happy with Steam
June 23, 2020

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.

Date of experience: June 23, 2020
California
1 review
0 helpful votes
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Definitely a winner
June 9, 2020

Been with this product for going on three months soon, and I've yet to sustain a single losing week.

I monitor the software pretty close, but rarely ever intervene.

Date of experience: June 9, 2020
Japan
1 review
2 helpful votes
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4 year member
May 16, 2020

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.

Date of experience: May 16, 2020
Montana
1 review
2 helpful votes
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Worth it
April 13, 2020

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

Date of experience: April 13, 2020