Forex Tester. Independent Forex Systems Testing and Reviews

Forex Tester is new independent and unbiased forex testing service founded by Mark Larsen, professional forex trader with well over 10 years of experience. Main goal of the website is to provide independent investigation and review of all top forex systems and expert advisors available on the market.

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Hi there!
I am Mark, professional Forex trader with well over 10 years of trading experience.

Few years ago my good friend Ryan and I decided to create the website with independent forex reviews. Bit later I started the series of my video forex reviews on youtube and forex-tester website.

We never join any affiliate or referral links, we do not charge any fees to any service provider nor to our users to read the content. All forex reviews are based on the last test performance of each trading system and our own experience.

We were really tired of all the crap going on the forex market recently so our goal is to provide the word honestly about each forex system to fellow traders looking for help and advice.

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ADDED:
June
2009

Forex Wonder

Tested results: Testing

Updated: June, 14 2009

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Backtest does not show total loss.
The Bad: Incomplete information on site, no real result.
Results: 1/5

ADDED:
April
2010

EAKAIN Scaper Pro

Tested results: Scam

Updated: April, 22 2010

Cost: $579
Timeframes: M15
Currency Pairs: EURUSD, USDCHF, GBPUSD, EURCHF, EURGBP, USDJPY, USDCAD, GBPCHF
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Good backtests for a long time.
The Bad: Clone of old DragonPips EA (or Forex Shocker).
Results: 0/5

ADDED:
April
2010

Forex-Multivers

Tested results: Total Scam

Updated: April, 22 2010

Cost: $199
Timeframes: M15
Currency Pairs: EURUSD, USDCHF, GBPUSD, EURCHF, EURGBP, USDJPY, USDCAD, GBPCHF
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Nothing good. Scam.
The Bad: Scam.
Results: 0/5

ADDED:
April
2010

FXZapper

Tested results: Scam

Updated: April, 14 2010

Cost: $250
Timeframes: M5
Currency Pairs: EURUSD
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Very good backtest results. Website contains live trading results.
The Bad: Scam. EA is stolen from free EA called Xbars MA Scalper.
Results: 0/5

ADDED:
April
2010

Forex Bigcat

Tested results: Expensive Scam

Updated: April, 19 2010

Cost: $997
Timeframes: M15
Currency Pairs: EURGBP, CADCHF, EURCAD, EURCHF, GBPCHF
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Nothing good. Scam.
The Bad: Scam. EA is stolen from another EA called EURONIS.
Results: 0/5

ADDED:
January
2010

Forex Neutrino

Tested results: N/A

Updated: January, 27 2010

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Forex Neutrino is semi-automatical signal software.
The Bad: Bad user manual.
Results: 0/5

ADDED:
January
2010

Forex Mercenary

Tested results: N/A

Updated: January, 14 2010

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Nothing good. Total blackbox.
The Bad: Not an automated system, requires manual work. No way to backtest the system in MT4.
Results: 0/5

ADDED:
November
2009

No Loss Robot

Tested results: Scam

Updated: November, 17 2009

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 5/10
Easy To Follow: 5/10
Honest Result: 0/10
The Good: No Loss Robot is based on Steinitz MTF robot.
The Bad: No Loss Robot is a possible scam.
Results: 0/5

ADDED:
October
2008

Forex Mafioso

Tested results: fail

Updated: October, 01 2008

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 7/10
Honest Result: 3/10
The Good: One more loser.
The Bad: Backtest showed total loss on recommended pairs.
Results: 0/5

ADDED:
July
2008

Forex Robot Trader

Tested results: Testing

Updated: July, 01 2008

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 4/10
Easy To Follow: 6/10
Honest Result: 5/10
The Good: Very complicated system, good tutorial.
The Bad: System is too complicated lol, strange results in backtest.
Results: 0/5

ADDED:
November
2008

Freedom Rocks

Tested results: deposit loss

Updated: November, 01 2008

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 5/10
Easy To Follow: 7/10
Honest Result: 8/10
The Good: System is well-known and has professional support and conferences, detailed manuals.
The Bad: I think you could better make money on reselling it by MLM scheme rather than trading itself... Just my opinion.
Results: 0/5

ADDED:
December
2008

Forex Boomerang

Tested results: deposit loss

Updated: December, 01 2008

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 5/10
Honest Result: 0/10
The Good: nothing good
The Bad: works only on history
Results: 0/5

ADDED:
September
2008

Forex Profit Hunter

Tested results: scam

Updated: September, 01 2008

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 7/10
Honest Result: 0/10
The Good: One more loser here.
The Bad: Backtest showed fatal loss.
Results: 0/5

ADDED:
January
2009

Forex AutoMoney

Tested results: possible scam

Updated: January, 01 2009

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 0/10
Easy To Follow: 0/10
Honest Result: 0/10
The Good: Possible scam service
The Bad: No real proof, no past performance, a lot of red flags on site
Results: 0/5

ADDED:
February
2009

Forex Ambush

Tested results: fail

Updated: February, 14 2009

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 5/10
Easy To Follow: 0/10
Honest Result: 5/10
The Good: Bold claims 100% success signals.
The Bad: No stop loss trading without any chance to win long term.
Results: 0/5

ADDED:
January
2010

USDBOT

Tested results: Scam

Updated: February, 11 2010

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 6/10
Easy To Follow: 7/10
Honest Result: 5/10
The Good: Nothing good. Scam!
The Bad: Scam. Beware!!!
Results: 0/5

ADDED:
February
2009

FXPromaker

Tested results: fail

Updated: February, 18 2009

Cost: unknown
Timeframes: unknown
Currency Pairs: unknown
Profitable: 3/10
Easy To Follow: 7/10
Honest Result: 5/10
The Good: They opened some sort of Private Trading Group...
The Bad: Backtest results showed tiny profits and then total account was blown away.
Results: 0/5

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