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WinScalper EA Review: Is this Forex Robot a Scam?

WinScalper EA Review: Is this Forex Robot a Scam?

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When searching the internet for a Forex robot or a reliable trading system, one is likely to come across a certain trading system called WinScalper, which can be found at winscalper.com. This is a Forex robot built to eliminate stress and make consistent gains. The vendor claims that this expert advisor has taken a $200 deposit and turned it into “more than $183,535,877.38.” This really sounds like an outlandish claim, which gives us even more reason to provide this review today and let you know if this is a trustworthy vendor, or one that is simply selling unattainable dreams.

The developer of the software is Cepi Suryadi, a trader located in Indonesia. The product first hit the market 154 days ago, on 2019-03-26. None of this information is provided to us by the vendor, but we did a WHOIS search, and that’s where Cepi’s identity came to light. We would much rather prefer the vendor provides this information themselves, because that means they are much more transparent in general. The only other page we found that is associated with Cepi, is his MQL5 profile where he provided a signal service that hit a complete -100% loss. In order to get in touch with support traders can email [email protected] If you would like to find out what professional traders are using to make money trading Forex, go to this page and pick any of the products therein. 

WinScalper Review

It’s clear that the WinScalper website is put together by someone with little experience using the English language. This is not a major concern, but we do believe that the vendor should be reaching out to copy writers and other industry professionals to help the with this aspect of the presentation. It would be much more impressive, if the vendor could realize where he lacks, and pay someone to make up for the shortcomings. Instead, is trying to do it on his own and the website comes across as quite unprofessional.Do we want to invest in a vendor that isn’t effective at weighing his own faults? Probably not.

The trading Strategy of WinScalper

The vendor provides no information about the WinScalper trading strategy. This immediately disqualifies the service from being in the running for best Forex robot status.

The only thing we are told, is that the software utilizes “smart code, minimizing trader losses” while keeping the maximum draw down to less than 10%. This new elaborated on in much more detail if the vendor wants us to take their product seriously.

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Brief Analysis of the expert advisor

Type: Forex Robot, Price: $495, Strategy: Scalping, Timeframe: M5, Pairs: GBPUSD, EURUSD, GOLD, GBPJPY.

Traders interested in the robot can purchase WinScalper a few different ways. There is a 3 month plan that costs $51, a six-month plan costs $75, and 12 month plan costs $120. For lifetime access, traders can purchase the software outright for $495, or unlimited account version that can be resold for $9500.

The vendor also provides specific recommendations for broker and Forex VPS, that they feel are imperative to having success with the software.

WinScalper M5 update

The developer describes the EA like a SNIPER targeting a key area to SHOOT & WIN. They want the trading community to believe that the Expert Advisor is a trading legends, smart, stable & profitable and has been tested on GBPJPY, from the initial deposit of $ 200 potentially profitable more than $ 183,535,877.38 (183 million dollars) ) With risk management based techniques, secure merchant equity & Anti Margin Calls.

WINSCALPER is allegedly made with smart coding which minimizes trader losses and maximum draw down is less than 10%. It is allegedly going to be safe so that your account will not fall into margin call.

Who is Salam?

Salam claims that he is a Forex trader without stress that is caused by trading since he is trading using Forex robots, trading make is very simple and no stress even making profits continuously. The scalping technique using the WINSCALPER EA / Forex Robot make BIG Profit. This is the explanation he is giving on his website in complete broken English. He has not told the community who he really is.

Does this expert advisor have any Trading Results?

There are a bunch of WinScalper videos on the sales page that provide us with live recordings of different back tests. In 2019, back tests are such a deprecated technology, and not something that we can rely on with most of the best Forex robots in the marketplace are all using live data that can’t be reproduced in back tests. While it can still be helpful to strategy tested and optimized from time to time, it isn’t enough information to provide a detailed report of the trading strategy.

The vendor provides no demo, or live trading accounts on Myfxbook or any other statement sharing service. This is clearly a flaw, and something that needs to be rectified by the vendor they want to be charging $495 per license.

Does the WinScalper expert advisor have feedback from customers?

There are no third-party reviews, just a couple of testimonials on the sales page. We attempted to verify the images, to see if they are real people, but sadly the image being used for “Sam’s” is a stock photo that’s being used on hundreds of different websites. This doesn’t help the vendors case.

Our best advice for you

As it stands, we see very little reason to sign up with the WinScalper expert advisor this point in time. The vendor provides us with no strategy, no verified results and still somehow charging nearly $500 per license. Suryadi needs to make the necessary adjustments so that is offering is on par with the other trading robots that are offering their services in 2019. We provided many different recommendations, and we hope that he will follow all of them. If he does, we will revisit this review and let you know if the program will qualify the best Forex robot category or not. If you have anything you like to add, please leave your comments below the article now. If you’d like to get a proper EA, go here. 

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One Reply to “WinScalper EA Review: Is this Forex Robot a Scam?”

  1. Ciao, hai fatto una recensione su winscalper ma volevo capire se hai utilizzato il software? Nel sito http://www.winscalper.com ho visto che c’è la possibilità di aprire un conto con il referall link di un loro broker di fiducia ed avere il software gratis. Lo hai provato?
    Grazie per la risposta

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