Million Dollar Pips Review And Discussion


Currency Pairs: EURUSD ,
Timeframe: M1 ,
Price: $99 ,
License: 1 live account,
NFA compliance: Unknown,
Refund policy: 60 days,
Million Dollar Pips Website






Strategy: The strategy of Million Dollar Pips is not known , when we figure it out this will be revised.


Million Dollar Pips Results

Million Dollar Pips Results 
million-dollar-pips Results
Not an official vendor account of Million Dollar Pips, it’s better than nothing. Don’t forget is not a legitimate 3rd party verification site, so there is no promise these results are valid.

Demo broker: FinFX
Start date: May 30, 2011

No customer accounts of Million Dollar Pips could be found.

Pros & Cons


  • 60 day refund period
  • $99 reasonable price tag

  • $499 price tag is quite high!




Million Dollar Pips Review

While Million Dollar Pips is fairly priced, there are far better robots available to gamble your money on. We can’t recommend this at this time.
Whether it’s a scam or not is still to be determined. If you’ve used Million Dollar Pips then please give a score and write a review with your experience.

This entry is reserved for our official review of Million Dollar Pips. This is a forex product being sold on most likely Clickbank or Plimus for a TBA price. They will most likely offer a refund policy of 60 days no questions asked money back guarantee.

Remember if you are going to try any forex robot and forex system that you fully understand how the system works before running it live. I always recommend to use your refund period to test it thoroughly for at least a month. If your results are above satisfaction, then and only then should you consider taking steps to trade it live with your hard earned money. Just because a website says their system will make $xx,xxx a month doesn’t mean it’s going to. So if you are not satisfied, do not hesitate to request your money back. 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 MillionDollarPips 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 Million Dollar Pips 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. Because of the influx in forex robots and forex systems being released right now, our reviewing as been slowed but our user comments have not. Make yourself at home and write a comment, or ask a question for the community to discuss. You will be surprised the information and knowledge you may unveil.

If you want to submit a forex trading product or broker that is not listed on our site, please use the Submit A Forex System form or Submit Your Own Articles. There are many private and underground forex robots and systems out there they I just don’t have the time to look for. So if you know of any, or a place to find them please feel free to share and I will make a post about it for the community to discuss.

  • CLCFX Reply
    Apr 17, 2014 @ 9:54 am

    Nobody sells a millionaire system $ 99. Any system that could earn sustained 20% per year would be worth much more than that.
    Good luck to all!

  • Wayne Reply
    Feb 26, 2014 @ 18:06 pm

    I bought this EA three years ago and set it up on my FXDD account. I also used my own computer and high speed internet connection. The results were disastrous. The EA didn’t trade very much, and when it did, 90% of the trades were loses. I almost forgot about MDP, but since my initial bad experience, I’ve become a better, more experienced trader. I now have a pro account with an ECN broker that provides EUR/USD spreads less than .6 They also have almost no slippage, and they offer VPS in the same building as the brokerage, which means latency is less than 1ms.

    About a month ago, I decided to run MDP on my new account, and to my pleasant surprise, the results have been excellent. I know it’s early, but I think I’m on to something. The bottom line is that it’s EXTREMELY difficult (and expensive) to find exactly the right combination of broker, slippage, spreads, and latency to get this robot to work. But if you find it, you may well have an effective tool to make some serious profits.

    • nikaso Reply
      Mar 2, 2014 @ 17:23 pm

      You can tell us the broker you use, the config…?

  • Abd rahman Fitrah Reply
    Dec 27, 2012 @ 5:16 am

    I Have bought MDP 1.2.. and have instal at my account. I try at demo account, and theres warning, that Error. I Have done email william, but until now, there’s no answer…

    • HMZ Reply
      Jan 17, 2013 @ 23:42 pm

      Hi Umut,
      Using MDP, Think Forex Basic & Beeks FX VPS thus it really works?
      How much % u gain each month?
      I’m using Think Forex Basic too but not yet using Beeks FX VPS.
      Want to confirm it really work, coz im using other VPS & PC but still not working, no active trades, only twise per month with lost. I’m also using pepperstone demo…. still the same… no trade….
      My oppinion…. it still crap until new upgrade versions released.

      Yours truly

  • Umut Reply
    Nov 28, 2012 @ 3:14 am

    The MDP is very sensitive!
    Broker selection is very important:
    Think Forex Basic
    VPS very important Latency <2 ms:
    VPS see on the website of the broker!
    Beeks FX VPS
    Risk represent 1%!
    the key to success many risk managment.
    seting set as Williom morrisen indicates.
    will then grow only account Sun god
    the more MDP vendor the better.
    Let the probability be with you
    Yours truly

  • STG Reply
    Aug 21, 2012 @ 9:44 am

    I bought MDP on 03/12/2012 for $99. Good price, one time-only payment. I installed it with some difficulty, as the settings did not “take” on my computer, but after considerable tweaking, I got it going. I had to email William Morrison, the creator of MDP, who was helpful and responded in a timely manner.
    MDP trades on the EURUSD currency pair, and the first thing I noticed was that it did nothing. It simply did not trade. I checked the settings, re-checked them and finally emailed Mr. Morrison. He suggested changes even though the manual said to leave them alone. This occurred many times but MDP did not trade. Finally, after several weeks, it opened some trades, small ones, as I had it set to take only minimum pips. It lost money, not much, but it started out losing. It didn’t trade much again, and even stopped for another few weeks. Mr. Morrison visited my computer this time, via TeamViewer. More tweaking. MDP opened more trades, won a few, but steadily lost more than it made.
    In the meantime, MDP created two more BOTs, one that traded on USDJPY, the other on GPBUSD. They were the same one-time price, so I bought and installed them. Meanwhile the EURUSD bot traded just slightly more, but still, continued to just lose a little money each week. The two new bots didn’t do anything–and I mean, NOTHING. Again, I emailed Mr. Morrison, who re-assured me they would. They didn’t.
    I kept the first BOT because of Mr. Morrison’s re-assurances, even though I went past the 60 day return deadline. I kept the first BOT and it still trades very little, still continuing to lose just a little more than it earns. I’ve tweaked its settings in every way, but it continues to be a non-producer. I returned the second and third BOTs before the 60 day deadline because they never did trade more than once or twice in two months. Mr. Morrison gave me a bit of a hassle returning my money, but eventually did.
    The most remarkable thing about these BOTs is that they are very, very UN-remarkable. Mr. Morrison’s sales page says they made over 2.4 million dollars. At my current rate of profit, I’ll probably lose a hundred bucks over the next year. Can you say false advertising? To say that Mr. Morrison’s claims of making the big bucks is misleading, is very, very kind.
    Mr. Morrison pitched me on his newest BOT, PhantomFX. That was a total disaster. I comment on that in another review. MDP isn’t even close to what is advertised.


  • gangadhar Reply
    Aug 11, 2012 @ 6:49 am

    I purchased this before 1 week and run in “insta forex” live account with $150. But no result at all. Nothing changed. Why this happen I dont know. I followed as it is settings which are mentioned in their pdf guide. After read all comments about MDP now I afraid to use this . Pls any one guide me about this. Thanks in advance

  • JOhn Allen Reply
    Apr 19, 2012 @ 22:53 pm

    I purchased MDP for EURUSD and USDJPY back in July 2011. I ran it on a live account that had about $700 balance. By October, trading with 2.5% risk in the settings, my balance had increased to over $14,000. Then one day the Japanese government sold off the Yen in an attempt to devalue it, and $7000 was wiped from my account in about 3 minutes! Since October, it has failed to perform. In fact, it has lost some money for me. It appears that the market has changed. The price spikes are not happening as theye were when I was winning, and when they do happen, they have a pattern that causes losses. The spike triggers the pending orders, a small reversal happens, which triggers the orders, then it it reverses back up again and takes the trades out on the stops. It would appear that the EA is highly sensitive to market patterns. Pity!….I thought I was on to a real winner! I’m still using it live, but with a very small risk….just to see whether it will start performing again if market patterns change.

    • Rod Reply
      Apr 30, 2012 @ 21:12 pm

      Spot on John, the market has changed…brokers are changing and some brokers are startiong to clamp down and change their platforms to restrict scalping EA’s. Forget this system, it hardly trades, just to much effort. I got a refund.

  • Gus Reply
    Mar 25, 2012 @ 13:05 pm

    Hi Guys,

    I have been using this EA since more than 6 months, and i can assure you the following: When trading on demo account, you will be astonished by the results! I personally got 2,000,000$ after 2 months starting with a 5,000$.
    HOWEVER… on a live account (same broker) it’s the complete reverse results!!! Of course the latency is important but the most critical parameter we always forget is the closing slippage!!! with this kind of slaping EA it can easily distroy your account in weeks.

  • me4forex Reply
    Feb 10, 2012 @ 14:42 pm

    It depends on the execution time, I have just got a refund as it lost 7 trades out of 10 with loss of money. Vendor goes silent on you when You ask for refund.

    I have a Hotforex currenex account which is meant to be ok, I did a ping test and time was reasonable but MDP kept saying too slow, too many rejected by broker I had latest version 1.2.0.
    Hope this helps

  • mat Reply
    Feb 6, 2012 @ 14:03 pm

    I bought MDP version 1.2.0 out of 10 trades 7 were losses and 3 small win loss of nearly $28 in 2 days it hardly trades, I tried all the alterations he told me to make when asked for a refund vendor ignores BEWARE so far he has had 5 days to refund.

  • Paul Reply
    Jan 11, 2012 @ 15:20 pm

    I simply think any EA vendor who is unwilling to show a live account is not confident in their product. A demo account? Really?

    • Craig Reply
      Jan 12, 2012 @ 13:31 pm

      True, and it makes sense

  • Ivan Reply
    Jan 11, 2012 @ 13:04 pm

    This EA is great. I started on Octuber 31th in LIVE ACCOUNT with USD300 and today I have on my account USD1319

    • Nick Forex Reply
      Jan 12, 2012 @ 13:00 pm

      Hi Ivan

      Impressive results! Well done!

      Can you please tell us what broker and VPS you used? MDP seems to be very broker dependent so this would be really nice to know. Thanks. Nick

    • Craig Reply
      Jan 12, 2012 @ 13:16 pm

      What broker you using?

    • Tommy Reply
      Feb 5, 2012 @ 11:19 am

      wowww… is it for real??

      what broker you’re using? and what is the setup for your MDP?


    • Ghada Reply
      May 13, 2013 @ 15:25 pm

      Dear Ivan….i bought the software too but so far not working…can u tell me whats ur broker & how do u work on this system…thx

  • forex Reply
    Jan 5, 2012 @ 19:22 pm

    My brother suggested I might like this web site. He used to be totally right. This put up truly made my day. You can not consider just how so much time I had spent for this info! Thanks!

  • Scott Reply
    Jan 2, 2012 @ 20:09 pm

    I tried it a month on a demo account withbroker hotforex and the recommended vps and lost money. I then got my money back. I wouldn’t recommend MDP.

  • Nick Forex Reply
    Jan 1, 2012 @ 13:42 pm

    Hi Admin

    I notice your stats for Million Dollar Pips in myfxbook show a drawdown of 29.6%. Another site is using the same broker account feed, but shows a drawdown of 6.98% with a max equity used of 1.34%. I’m more inclined to believe your figures – but any idea why the difference?

    Regards, Nick

  • Rick Reply
    Dec 29, 2011 @ 21:26 pm

    It does not work with fractional pricing…you need to ask this of any EA you are going to use….

    • Nick Stoneman Reply
      Dec 30, 2011 @ 19:23 pm

      Hi Rick,

      Can you please clarify what you mean by fractional pricing?

      Many thanks and best wishes, Nick

  • fh Reply
    Dec 28, 2011 @ 22:35 pm

    FLuctuation in profit …….. i deposit 1000$ and used it MDP , it made into 1700$ withnin 2 days and after 5 day it go back to 1400$ any how i am in profit .. Ecn brokers, low spread, fast execution all condition should be met to take a profit in mdp otherwise u will lose money…………I dont know about others…

  • vu Reply
    Dec 17, 2011 @ 13:35 pm

    it work great i like it

  • benjaminaficus Reply
    Dec 7, 2011 @ 22:52 pm

    Does this really work?

  • Jake Reply
    Nov 20, 2011 @ 11:29 am

    so, anyone using MDP in their live accounts recently?
    Wanna try it out but all i see are negative feedbacks above.

  • ROBORT Reply
    Nov 10, 2011 @ 12:03 pm


  • red Reply
    Nov 10, 2011 @ 5:27 am

    I bought MDPs 2 days ago EUR/USD running it on a home computer. So far no trades done by the EA.

    I have sent a couple of emails to William with quick resonse on settings etc. He informed me to leave the EA on default settings but turn FIFO setting to false, as I am in South Africa on USA. I am using a demo account with Pepperstone, as per the manual. William also assured me that it will trade soon, I’m holding thumbs.


  • felipe Reply
    Nov 2, 2011 @ 20:16 pm

    Seriously. Take a second to just STOP all of those barriers in your path to riches. If you’ve struggled in chase of PIPs or automated profits, then I know how frustrated you already are.

    That’s why you have to take a deep breath, and STOP. So many burdens work to distract you

  • James Reply
    Oct 27, 2011 @ 9:38 am

    If you’re smart you will give ThinkForex a big miss. They have slipped badly over the last six months. There are much better brokers out there who don’t play silly bugger tricks with your trades.

  • John Reply
    Oct 27, 2011 @ 9:35 am

    The reason why you aren’t allowed to use it on both a demo and a live account is simply that then you would see what a killer effect slippage and requotes and etc have on the live account (not apparent whatsoever on demo accounts because actual order fill and collectivization of orders to go to the liquidity provider just isn’t happening in demo). It’s an interesting toy, but an account killer. Don’t believe all the counter-claims by the affiliate-seller shills. They have a vested interest in sucking you in.

  • Jeff Reply
    Oct 26, 2011 @ 16:03 pm

    Hey guys… sorry .. but its scam!! 🙁

    • Pl. Reply
      Nov 25, 2011 @ 13:31 pm

      C.s.t.r.e., aux.

  • bttnskjjj Reply
    Oct 22, 2011 @ 22:46 pm

    A welcome bonus €100

  • Danly Reply
    Oct 12, 2011 @ 4:53 am

    i already install my mdp to thinkforex demo account but it still do nothing. Is there any problem?

  • Alexander Reply
    Oct 5, 2011 @ 7:38 am

    This robot will work for few moment only after that it flat out the account you have, I have used so many robot still can’t find the right one, I am still prefer Forex Killer until now, Make your own signals with forex killer, take the trade when the probability reached 80% up, Hope you take my advice

    • Ariel Reply
      Jan 4, 2012 @ 7:02 am

      Hi Alexander,
      Can you tell us more about Forex Killer, the settings how long have you been using it on a live account?

  • adebayo ayeni Reply
    Sep 22, 2011 @ 17:03 pm

    i used the bot on a 2k demo account finfx,under three days,i raked in $956. server is ucvhost

  • MarkR Reply
    Aug 24, 2011 @ 22:21 pm

    only just started three trades all winners early to say yet. I am using ECN and inportantlly a server in the same city as the broker so low latency rate of 1ms sure this helps gives any scalper the besy chance. My opinion unless you use an ECN and a vps nearby you have little chance of success. you cany blame the EA if you dont set things up the best way possible from the start.

    • Required: Name Reply
      Sep 10, 2011 @ 8:01 am

      vps + boker that you use?

  • oluclay077 Reply
    Aug 23, 2011 @ 8:14 am

    Hi guys, the MDP robot work well on live account with a good vps though spread sensitive,my first trade was three trade on live and am still waiting for more trade today tuesday 23/08/2011 but five trade on ECN broker. my account is on fxpro not ECN account.

  • alan Reply
    Aug 18, 2011 @ 17:53 pm

    I bought the robot and i start tested, but oh sorprise, i follow all the instrutions, and the robot never works, the technical support not is good, only say me please read the manual, ¬¬ so… ok i want my refund pls, and they…. no PLS let us help u, u read the manual? ok, thats all i want my money back…. i hope my experience help.. bye

  • Sam Reply
    Aug 18, 2011 @ 7:17 am

    its scam i used it 2 week it just looking whats up in market opened 2 positions and lost all .. ))) ITS SCAM

  • warren Reply
    Aug 17, 2011 @ 6:05 am

    hello fellow traders,

    i am really serious about this. overall, i have net loss and i really want to know what vps your guys are using?

    i have about 10% drawdown use FXCM and their slow vps (in australia, not sure US or UK) but i made some gain on my own computer (wireless connect). i tried vps land and it gave me another 10% drawdown on my first day., and i tried ultra vps, so far so good? the support team suggest me to use forex vps, what do you guys think?

    kind regards

    • Nick Stoneman Reply
      Dec 2, 2011 @ 18:08 pm

      Hi Warren

      MarkR’s comment above on August 24 tells you one of the most important things about VPS choice – you MUST have low latency between VPS and brokers servers – 10ms or lower. Almost certainly means you want them in the same city.

      I’ve often wondered how different testers can report such widely differing results for the same EA on the same broker – this latency issue goes a long way to explain it.

      Hope this helps. Best wishes, Nick

  • Paul Reply
    Aug 15, 2011 @ 13:21 pm

    I’ve been testing for two months on EURUSD. It’s okay, but not great. I’m asking fro a refund. I’m not allowed to use it except on one account, regardless if it is demo or live. I don’t like any EAs that will not let me use it on a live account and AT LEAST one other demo for continued testing. That seems cheesy to me.

  • verhaeghe Reply
    Aug 4, 2011 @ 10:54 am

    its the best i gained

    110% in 60 day’s and earned over 600$ in rebate

    kind regards

    • Jubilee Reply
      Nov 7, 2011 @ 19:43 pm

      Hi Brecht. Are you still having success with MDP? If so, which settings, broker, etc are you using?

  • Kris Kampschror Reply
    Jul 14, 2011 @ 7:25 am

    Purchased the MDP robot and installed yesterday. Did not take long to start trading and so far has done well. Three out of three trades were winners. (knock on wood) I’ve been trying to find posts on settings, so if you’ve done anything but default, let me know. I sent two emails to their support and received replies same day. I’m impressed so far. I’m trading only the EURUSD version.

  • alva Reply
    Jul 12, 2011 @ 8:07 am

    I use the EA with EURUSD and USDJPY at my Live account. So far I have received 6 versions. USDJPY did not trade in the first 4 version. The last two versions USDJPY led to substantial losses – so I had to disable USDJPY.
    EURUSD: the overall result is still positive. The best results in mid-June. Second half of June and July show more losses than gains. This is a “normal” EA; maybe in the long run you can catch a small profit – not a million pips or dollars.
    I will make updates to follow

    • alva Reply
      Jul 14, 2011 @ 6:07 am

      The losses continue. No help from the producer.

      • Jonny Reply
        Jul 19, 2011 @ 11:01 am

        I only appreciate honest comments. Thanks.

  • Kris Kampschror Reply
    Jul 11, 2011 @ 14:12 pm

    I’m going all in, purchased the Million Dollar Pips robot and will trade with it on a demo account for a month to test it out. I’m going to promote it, so why not put my money where my mouth is. If I end up using it live, I’ll be doing so on an account that I’m currently trying to trade with FAP Turbo, with marginal success so far and an apparent lack of support from FAP Turbo, even after telling them I’m promoting their product. Makes me wonder if FAP is all that “fapulous”. I’m trading FAP in a demo account with FXCM and it’s gained and lost, (mostly lost).

    • Jonny Reply
      Jul 19, 2011 @ 10:29 am

      So gauge it by support response? Give me a break. And I can’t trust anyone who promotes these affiliate EAs being peddled.

    • Jake Reply
      Nov 20, 2011 @ 11:41 am

      so how are your results? mind sharing them?

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