Menu Review: Forex Cruncher Scam or Not? Review: Forex Cruncher Scam or Not?

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We are reviewing a premium expert advisor in the Forex market place known as Forex Cruncher. It is presented to us by a team called Forex Strategy Creators, who claim that this expert advisor can generate 300 plus pips in a span of 4 months. According to the sales page, Forex Cruncher was just a personal dream when it started. The team wanted to become financially free and they figured that if they could build a software that trades and makes money consistently, this dream would turn into a reality. This dream ultimately lead to the creation of a trading system which they now call the Forex Cruncher. It is time to introduce this expert advisor to the world.

Forexcruncher Expert Advisor Forex Strategy Creators

Now, this team is very secretive as they do not tell us who they are or even what kind of development experience they do have. They are only telling us that they have 18 years of experience in the industry and have served 1800 clients so far. These numbers are rather coincidental and we do believe that this is not the gospel truth. But even if this is the truth, we would need to see some proof that indeed this website has 1800 clients who depend on their products for trading the Forex market. It is just difficult to believe these numbers because even client feedback is hard to come by. We expected a Forex expert advisor developer with hundreds of active clients to have enough reviews of their product on the trading forums and major websites. But this is unfortunately not the case. Therefore,we can’t just believe the figures for now until there is some clarity on this matter.

Of course this developer is also providing a means to contact them in order to become the 1801th client. They are providing a contact form rather than a phone number or an email address. It totally depends on the potential buyer because we do believe that those who are in need of quality products will go straight to these Forex robots rather than waste their time with email communications back and forth.

Forex Cruncher review

This group of developers want the Forex trading community to stop wasting time and money on get rich quick schemes. Instead, they want the trading community to focus on professional trading solutions. They believe that Forex Cruncher is the ultimate solution since it was designed by a team that has 10 years of experience and an additional 5 years of experience in programming, live testing and optimization.

What we have noticed is that this developer is talking a lot. We are just hoping that they can back up their talks with live trading results because empty talks don’t help at the end of the day. There needs to be proof to back what they are telling their audience.

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They claim that the Forex Cruncher has 11 features which users should be aware of. The first feature which they are talking about is the low draw down. The second feature is the ease control of risk setting and of course the 60 day money back guarantee. They also claim that this expert advisor has proved to produce consistent profits since 2000.

On top of this, the group are boasting of their effective money management skills, unique break out algorithm and user friendly trading approach which they believe are the key to success. In addition to this, the Forex Cruncher team wants us to know that this Forex trading system is a price action trading system. It makes no use of Martingale trading strategies or lagging indicators for that matter. The unique breakout algorithm is used together with price action in order to open two trades at a time. This means that the Forex Cruncher will never open more than two positions at a time.

Their risk reward ratio is 1:2 and the team also claims that their risk management system will always keep money protected in the accounts of their traders. The system is optimized for trading 3 types of pairs which include GBPUSD, AUDUSD and USDJPY. The software costs $99 only. The pricing is quite affordable and most of you may wonder why the price is so low. Well, according to the vendor, the price is low because there is a $100 discount which is supposed to run for a short time. When this offer duration is complete, the price will go back to normal and it will be $199 instead of $99.

Now, this is a very common marketing trick among vendors on the internet. They claim to be giving discounts and yet when you visit their sites several months later, you will still find that the offer is still running and they are telling you that it will end in a matter of days. We believe that this is a trick they use to motivate people to buy quickly without thinking twice. If you are approaching this from the perspective of a buyer, you should never be carried away by such offers. If you can analyze the product and spend time looking at the possible pros and cons, you will end up making the right choice. You would rather spend a lot on a quality product that pay less for a product that loses money, right?

Trading results

This is where their aggressive claims come to an end. You see, they claim that the Forex cruncher has been able to prove itself since the year 2000. However, on their website, they are only providing screenshots of results dating back to 2012. This live testing process shows that the software was being tested between 2012 and 2018. There is no data to cover for 2000 up to the year 2012. Moreover, if a software vendor makes claims that their robot is profitable, they should be able to provide a myfxbook track record whether that is in demo or live mode.

Our best advice for you

They fail to substantiate their claims and that is a very bad thing concerning the developer. If you want to trade with the most reliable tool, our suggestion is that you should check out what we have in this page. 

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2 Replies to “ Review: Forex Cruncher Scam or Not?”

  1. forexcruncher expert advisor does non work. It earns money only in backtests. In demo trading it makes only loss. Authors do not respond to refund requests. Stay away.

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