Forex Robot Reviews

Zone 99 Forex EA Review (Zone99Forex Scam)

Review of the Zone 99 Forex EA SCAM

Well yet another copy of the Xbars MA Scalper. Zone 99 Forex EA is basically a complete copy of Funyoo’s XBars MA Scalper v1.04. I have compared the code and there is very little difference. You can get Xbars MA Scalper in the VIP Section

EA Name Currency Pairs Timeframe Strategy ECN 4&5 Digits Take Profit Stop Loss Home Page
Zone 99 Forex EA
EURUSD / GBPUSD
H1 Scalping (Trailing TP) Yes Automatic 4 (trailing TP) 50 Zone 99 Forex

Performance (Zone 99 Forex EA Test Results)

License

Zone 99 Forex can be purchased through clickbank for $127. Unsure about licensing and activation until I get a copy.

Strategy

Zone 99 Forex goes outside the box and does things a little differently. It will open trades with a 4 pip TP and 50 SL, then this is where it gets interesting. It will use a trailing takeprofit if the price moves too far from from the original TP. So it will keep lowering the TP in hopes of the price coming back up a bit and getting out of a possible big loss quickly. It will keep lowering the TP until the price hits it finally, or the SL is hit. Will be interesting to see how Zone 00 Forex EA performs once I get it.

Recommended Brokers

FX Open is a great broker for running forex robots with it’s tight spreads and great execution time.

Conclusion

Zone 99 Forex has an interesting strategy that makes me want to try it. The forward test results on their sales page are very short-term (longest being about 2 weeks worth of trades). There might be potential with this one, but obviously I will wait to get a copy for testing before making any conclusions.

Safe To Buy?

YES!

Zone 99 Forex has been approved for purchase ONLY because of it’s 60 day no questions asked refund policy through Clickbank.

Overall Rating

6 Comments
  • Brok - Posts:
    May 7, 2010
    Reply #1

    Hi FBI admin you write this: You can get Xbars MA Scalper in the VIP Section…
    I see no XBars Ma Scalper in Your VIP Section and also no FxZapper from your super banner. You write this and after the the people send you the mail address is nothing to find from this EAs 🙁

    • admin - Posts:
      May 8, 2010
      Reply #2

      Check again 😉

  • Reny4jah - Posts:
    May 6, 2010
    Reply #3

    Thank you admin. You are wonderful. I’ve asked for my money today because of this suspicion. Their customer service was terrible and none of the guys I wrote to seemed to be knowledgable about the robot. Could you even imagine the robot not trading for one day since the time of its purchase at a cost of $254? It is shameful. James Ponna should be ashamed of himself.

  • admin - Posts:
    May 5, 2010
    Reply #4

    Post updated!

    Zone 99 Forex EA is just another scam copy of Funyoo’s Xbars MA Scalper!

  • reny4jah - Posts:
    May 4, 2010
    Reply #5

    The EA has two parts: Zone 99 and Zone 99 Turbo. Each is sold at a cost of $127.

    What is the difference between these two? Zone 99 can trade only one currency pair, EURUSD (on M5 timeframe); while Zone 99 turbo (which is optional for those that want to diversify their portfolio), according to the designer of this EA, can trade ANY currency pair. But he suggested trading the USDCAD, USDJPY, USDCHF, EURCHF and GPBUSD on M5 timeframe.

    The default take profit was 8 and the stop loss was 71. It seemed it was programmed to work during the Asian session. Bought the Turbo version. So far, no trade was opened on the first day. Not a good impression. But let us look at what it would do for the rest of the week.

    I will be writing updates regarding this EA’s activity.

  • John - Posts:
    April 30, 2010
    Reply #6

    Are you sure it starts with a 4 pip take profit? That leaves very little room to adjust it with a trailing stop. Did you mean 40 (or even 400) pips?

Leave a Reply:




Top 5 Performing Forex Robots
Top Rated Brokers
BrokerRating
HotForex
(4.61 avg of 366 votes)
FxOpen
(4.42 avg of 316 votes)
IamFX
(3.39 avg of 271 votes)
FxPro
(3.00 avg of 77 votes)
AvaFX
(2.92 avg of 79 votes)
Recent Posts Recent Comments

Disclaimer: This website is independent of Forex Brokers and Forex Software showed/reviewed/talked about on here. Before trading with any of the brokers or software potential clients should ensure they understand the risks and verify that the broker is properly licensed. The website does not provide investment services or personal recommendations to clients to trade forex. Information on ForexFBI.com should not be seen as a recommendation to trade forex or a be considered as investment advice. ForexFBI.com is not licensed nor authorized to provide advice on investing and related matters. All information displayed on this website is for educational purposes only. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. Potential clients without sufficient knowledge should seek individual advice from an authorized source. In accordance with FTC guidelines, ForexFBI.com has financial relationships with some of the products and services mention on this website, and ForexFBI.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them. Forex trading entails significant risks and there is a chance that potential clients lose all of their invested money