Reviews

Forex Maestro does not work - my review
Rated: Good [2/10]

Forex Maestro is another crap Forex automated system that has decided to take the market for a ride. I bought it, suffered, and woke up. The first collection of red flags is earned by the Forex Maestro through its website. Sensational claims, False Trading Screenshots etc make up the crux of the website. There are no proofs offered for the bold claims and statements made by the site and the product.

Untrustworthy Claims

So, you have their trading result screenshots that show the results of pairs like AUDNZD that only take profits without stop loss. However, if you go through the user manual offered by Forex Maestro you will find that AUDNZD is not mentioned at all. What this means is that the screen shot of the trading result is a blatant fabrication. Moreover, once I realized this, I couldn’t really trust the user manual either. Moreover, a significant problem of the system is that it does not use zero values.

A Joke of a Manual

I had tears in my eyes after reading the user manual. Tears of laughter; that is! The Forex Maestro user manual is a big joke. It is 15 PDF pages of perfect garbage and only tells you about the installation of the Meta-Trader platform. However, what it conveniently ignores is the system strategy. Also ignored big time are facets like the Back Test performance of the system and other important things that will help a Forex Trader.

The Big Scam

Why am I calling it a Scam? Well, owing to its non-performance I decided to do a bit of an investigation. The Forex Maestro is a replica of a Free Forex Expert Advisor that came out in 2004. The only change made to the Forex Maestro is its huge price. Yes, the only thing changed was the price tag. The Expert Advisor is available free of charge, and what’s more the Forex Maestro has not even updated the Forex Maestro Robot. I hadn’t realized this until it was too late. If the Robot is not updated, it means that it cannot cope up with, or understand the current market conditions. Enough Said…

No inevitability about Losses

Losses are a certainty, when it comes to the Forex Maestro. Profits are a Strict No. Am I making sense? Yes, because all the money you might make from this piece of junk would be when you are using the Demo Account. After 3 weeks, when I began my account all I made was losses! Moreover, I asked for a refund. Did I get it? Did I have to fight for it? Did I have the fight left for it? I leave that for you to decide.

My Verdict – Hmm, Don’t put your money in it? Yes, by all means go for it, if you want to lose money, and lots of it! Most Automated Forex Systems are crap, but this one takes the cake. You get the drift.

It seems to be a fake, because I using for 2 months and not get any response form the tech support of the company.

Comment by brad — 06/05/2009 02:18:12 , Tag: forex maestro

Forex Maestro really does not work.

Comment by bravo — 13/05/2009 02:24:27 , Tag: forex maestro

Maestro does not work at all .result is not good.very bad performance.

Comment by samy — 05/06/2009 23:45:37 , Tag: forex maestro

a real dog don't waste your money, all losses.

Comment by ela — 10/10/2009 18:00:30 , Tag: forex maestro review

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