ATTENTION: BEWARE OF THIS UNSCRUPULOUS SELLER!!! PLEASE READ THIS BEFORE BUYING THIS ROBOT!!! On August 15, 2013 I requested a refund for the Forex Scalpino Robot for the first time directly to the seller/merchant explaining that I was not satisfied with the performance of the product since It has made me lose money. I did that in accordance to the 60 DAY MONEY BACK GUARANTEE (no questions asked) promise that the merchant displays in his website in two different locations of the webpage. By the moment I made my first refund request only 37 days had passed since I bought the product, meaning that I had the right to receive it since that very first intent. In the first response I received regarding the refund request, the seller/merchant stated the following : "Hello dear client,we have on Myfxbook website, our performance from 5/February till today. History of trades is public also and open trades. All is transparent. So, before you bought EA you had chance to see how EA works, which TP and Sl use''.
From that point on I tried in several additional occasions to request the refund by email again and again but the seller have continue denying my refund by giving the same lame and nonsense excuses which clearly states that he is not going to give any refund to me and probably has been doing the same thing to every and each one of the customers who try to request a refund. This seller should not be allow to use tools like PayPal, Avangate or others alike for his business purposes since this kind of practices are clearly a fraud and unethical.
In addition to this huge refund problem this bot have a lot of bugs like for example: 1. THE BOT MONEY MANAGEMENT FEATURE DOES NOT WORK WITH 1:50 LEVERAGE OR BELOW. 2. THE BOT CAN'T TRADE PAIRS THAT CONTAINS ONLY 3 DECIMALS LIKE USDJPY PAIRS EVEN THOUGH IN THE FAQ OF THE SITE IT IS RECOMMENDED. 3. THE NEWS FILTER ON THE BOT DOES NOT WORK. THIS FEATURE CAN BE TURN ON AND EVEN THOUGH THAT THE BOT WILL STILL OPEN TRADES WITHIN THE NEWS. THIS FEATURE IS ONLY A FACADE AND BEWARE OF THIS BUG CAUSE FOREX SCALPINO IS HIGHLY SENSITIVE TO NEWS. 4. LAST BUT NOT LEAST, CUSTOMER SERVICE IS A GHOST!! CONCLUSION: THIS IS DEFINITELY A SCAM PRODUCT AND A HUGE FIASCO. BEWARE!!!!!!!!!!!!
One last thing... These Myfxbook forward tests look decent for the merely reason that the seller is manually intervening with the bot. Want proof of that? Check ForexScalpino's forward test at MellyForex.com to see the real performance... which is not good at all.
Fully agree with the information from forextester2, it is a Scam! I have repeatedly asked to open in the history of trades comments tab to make sure that this trading Advisor. But as you can see, the fraudsters have something to hide!
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.