Forex Robot Reviews

Safe Trade Pro Review | SafeTradePro Scam?

Update(Jan, 23, 2011)- Their sales page has now been updated and to great dissappointment it’s yet another video sales page thats looks all too familiar. Their headline claims you will earn an average of $16,800 a month, what they didnt specify was  what kind of account size required for that. They should have the monthly gain in percentage, but then again this is marketing. Oh and of course there are a couple upsells involved with this. Caution is advised with this product, you’ve been warned.

Safe Trade Pro is a new forex robot coming soon that is most likely going to be promoted by your usual marketers. Exact details or results on it are still to be determined/found so stay tuned.

 This entry is reserved for our official review of the Safe Trade Pro.  If you are interested in more information on this forex product then check out the link or any comments below.

If real user reviews of Safe Trader Pro are what you are looking for, then check the comments below. They are real customer experiences with this product. If there are no comments, then be sure to come back frequently and check for updates as our review and discussion of this product continues to grow.

If you have experience with the Safe Trade Pro EA, or know something people might find important please feel free to share in a comment below. It may help someone save or make a lot of money so don’t hold back.

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20 Comments
  • Glenn - Posts:
    May 11, 2011
    Reply #1

    An update: I continued to run this on a demo. It was excellent when the EURUSD trend was up, but when things got choppy it started to make some losses. It was still well in profit when I turned it off (it still had more than double the initial account – and that in just a 3 month period), but the kind of risk-reward ratio and the uncertainty of the EUR makes it too risky for me. Further controls to keep it out of choppy markets could make this a good robot.

  • Glenn - Posts:
    March 17, 2011
    Reply #2

    I found the upsells annoying and I’m slightly confused by the manual trading systems which I bought. However, I’ve been using the robot version on a demo (FXDD) for a couple of weeks. Positives: It has only traded buys on the EurUsd but all the trades have been successful – $175 profit so far on a $1000 account. And this during a period when all my other automatic trading systems made losses. (Potential) negatives: The drawdowns have been up to around $130 on occasion, whereas each profit is only $25 – the ratio doesn’t look great but I guess it depends on how frequent the losses might be in the wrong market conditions, or with a broker that doesn’t reliably close positions (I have been burned by Iamfx in this regard). I will update when I have traded a bit more.

  • Paulina - Posts:
    February 27, 2011
    Reply #3

    SafeTradePro is another waste of time and money. I got Clickbank to refund my money. When you ask for a refund that’s when they will try to keep your business. No way, I just want my money with these sort of vendors.

  • Gary - Posts:
    February 27, 2011
    Reply #4

    I fell for the honesty speil after being burned by a couple other products a few weeks earlier. When I saw the up sales that followed I know I was sunk. I passed on the addons and tested the ea on my demo account and tried to test it on the MT4 tester. Nothing on either one. I requested a refund and they replied back that it works for everyone else so I must be doing something wrong and closed my Clickbank ticket. I tried sending an email to support but it was returned as not deliverable. They didn’t even give an email or support site in the Clickbank invoice. I think I will also avoid buy anything sold thru Clickbank.
    I give this a minus 5 stars.

    • lee - Posts:
      March 12, 2011
      Reply #5

      gary,
      i suggest you cntact clickbank directly for your refund using the following email address :- refunds@clickbank.com. just quote your clickbank receipt # in the subject area and request a refund. good luck.

  • bubbles - Posts:
    February 8, 2011
    Reply #6

    Re: No Trades – Update from seller for anyone wishing to recheck their install. I have re-installed and will test again:
    1. Please make sure Safe Trade Pro files have been installed correctly: The indicator file, .ex4, should be in this path:My Computer\program files\Metatrader4\experts\indicators
    2. Please note that your chart may not look exactly as on the user guide sinceit is different for every template you attach the indicator to.
    3. Go to Tools, click Options and Expert Advisors tab. Then tick the 4 mainboxes and uncheck secondary boxes. 4. Click on the Custom Indicators folder under the navigator window then doubleclick on Safe Trade Pro. A window will appear, you should click on OK. If youdidn’t click on OK when the pop up window appeared after you clicked on customindicators, please click on the custom indicators folder (under the navigatorwindow) and then click ok. If you can see the information on area 1 it means Safe Trade Pro is installedcorrectly. It might take a few hours or a couple of days if market is notvolatile enough till you see the buy and sell arrows.

  • bubbles - Posts:
    February 8, 2011
    Reply #7

    i’ve had mine running for a couple of weeks and nothing – this ea is so safe it doesnt take out any trades at all – neither makes me money nor looses it I’;ll give it another week then its refund time. shame — i had high hopes for this one

  • MaeBe - Posts:
    January 27, 2011
    Reply #8

    Thanks for the information. When you look at their samples, all the trades highlighted in green on their pitch page are highlighted in a special format …like a jpg paste and all the wins are even thousands. Who gets even thousands – like an exact 10,000 or 1,000 pips in a forex trade!

  • reinier - Posts:
    January 27, 2011
    Reply #9

    Backtest of the ea does not even get close to the shown results. So an other not useable ea.

  • tojo - Posts:
    January 26, 2011
    Reply #10

    Hi Guys,

    If you’re thinking of buying this then don’t, I am about to ask for a refund. On his salespage he shows data from dec ndd 2010 (actual screenshot which says 1819 pips made) back tracking to this you cannot see the signal arrows they only show from 3rd Jan, however you can easily find the trade that they are claiming made those amount of pips – the max it made was 385 pips before nose diving on Dec 14th 553pips. Again probably another actor used for the video.
    Another thing is the trend / wave alert states the opposite as to what it is. GBPUSD is clearly in an upward trend now and it states it is in a down trend so no trade on.

    I would say this is another scam.

  • Thuy - Posts:
    January 26, 2011
    Reply #11

    I was informed of this new forex system via email yesterday

    I’m looking forward to trying out the new forex system and hoping to write reviews of my experience with this new forex system

    So far after watching the video presentation on the site, the new system looks very promising

    Don’t really know how this forex will perform unless you put it to the test

    Thuy

  • Dennis - Posts:
    January 25, 2011
    Reply #12

    Never will I buy anything that has upsells. The base product should stand on its own merit.

  • louise - Posts:
    January 23, 2011
    Reply #13

    This looks familiar…

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