Tom’s EA Review | Who Is Tom?

This entry is reserved for our official review of Tom’s EA. 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 Tom’s EA 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 Toms EA 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 Tom’s 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. 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.

Ok guys lets get the ball rolling, discuss your Tom’s EA, strategies, thoughts, whatever…

  • User54 Reply
    Feb 18, 2013 @ 3:04 am

    After using a Demo account, I have 2 LIVE MIRROR accounts since Dec 2011 – 14 months. I continually was in contact with Support t o get the settings correct and I was told that they were correct after Support had access to my account three times. My $5K account increased by 29% in the first 6 months. At this time I was in personal contact with Tom Flora and he sent me a sharp email saying my account was fine – with over 100 positions – on my $5K account! Within days my account lost 42.2% in ! DAY! I have always wanted to believe in the EA and stuck with with more personal monitoring.

    The problem with Tom’s EA is that it gets carried away “chasing its tail”! Remembering this is a $5K account and has made consistent money when trading below 20 positions, there are times when it suddenly has over 100 positions in the account. Just ridiculous money management and I can NOT get Tom to acknowledge the problem. I have continued by manually closing many large blocks of positions myself. I am fortunate to have a HEDGING account but ALWAYS there is NO EFFECTIVE HEDGING when the number of positions gets excessive! For instance, 186 positions with just 1 BUY!!!!! There are many other smaller but similar examples.

    My 2nd account was $1K with another broker with NO HEDGING. This account increased 14.1% in the first 2 months and then down 38.5% in 1 day! The account gradually increased again for a 103% increase, then 16.8% loss, 10.2% loss, 43%, 12.3% and 15.2% looses in 1 Day with no appreciable gains along the way! My $1K account is now $612.45 after also paying the $97/month service charge for 14 months.

    In summary I think that this is basically a good system if Tom would address the problems of over trading etc.and ignoring money management in certain situations.

  • kyle Reply
    Oct 17, 2012 @ 14:20 pm

    it is the exact same concept of trading as the forexhecked. i do not understand why people complain here. of course, if both are the somewhat duplicate with each other than why people want to buy so expensive ea like toms instead buying forexhecked which is way cheaper.

  • wrenski Reply
    Apr 26, 2012 @ 17:21 pm

    Nothing Tom has produced has ever worked. Stay clear of this !!

  • gary tarantino Reply
    Jan 24, 2012 @ 23:51 pm

    I have been trading profesionally for 5 years now manually and automated ,first of all any one of you who are saying that they are suffering extreme drawdown is using settings that are extremely aggressive especially when achieving a 12 % ROI in a week secondly ,it does use a martingale system at extremely small opening positions
    I have personally used a type martingale in my personal strategy and in that aproach I have a initial opening position of 1000 lots/10000 usd account balance and I have in 4 years of trading never had a margin call and have return of 52% a year, small gains but consistent return it uses the premise that you keep accumalting stock at a good price and then offload it to the market at a premium ,most instatutianal traders trade like that ,ever heard of ” buy when everyone is selling and sell when everyone is buying ”,EXACTLY
    thirdly I have been testing the ea and have found it to be quite consistent ,yes your equity does suffer drawdown but the equity curve will return to a mean which is how the system works thus increasing your equity curve ,the most important thing is not to over extend your risk and you will should be fine
    ONE LAST NOTE I in no way have any vested interest in toms ea except that Iwant to increase my trading account ,and sincerely hope that the ea continues to produce consistent results like it has been ,only time will tell. I hope this helps

  • Collo Reply
    Jan 6, 2012 @ 5:53 am

    I note many interesting comments, many of them being negative, it makes me wonder what risk level folk are using. From both my and my brothers experience we are happy with the end result but advise that the EA needs monitoring. A concern is the negative open trades however it must be remembered that the system is a basket trader. Both of us are showing postive profits. My account is a 50K the trade sizes are mostly .1 occasionaly .3 I am making consistently 60 ~100 $ per day, while the brother has a $5000 account and his trades are .01. Both of us use risk level 2, however He wouyld prefer risk level 1, when he can get it to accept that. When the open negative trades are getting uncomfortable we turn of the EA until the price returns to where we are more at ease. So far we have avoided a margin call by doing this.

  • Urko Reply
    Dec 29, 2011 @ 16:17 pm

    Hi Guys

    All of you who use Toms’ EA to trade have to be very careful becuse this robot opens too many trades and it can destroy your demo or live accounts within few minutes to an hour….It killed my two live accounts .

    Take care

  • Micro Reply
    Dec 27, 2011 @ 20:39 pm

    Nubie just signed up. 🙂

  • john Reply
    Dec 24, 2011 @ 7:30 am

    Ea is up $137 now. I am running it live on Alpari now. I had an issue with the fifo rule but it netted $40 extra because of it. Both GBPUSD and EURUSD are working well so far. On my live account…I’m up about $140. Robert….I’ll get something out to you soon.

    • Eric Peterson Reply
      Jul 7, 2012 @ 19:24 pm

      Hey John, I have not seen an update….how is the EA performing..I would think on the AUDUSD it should be a HUGE SUCCESS?

      Are you making it available as I would like to use it !

      Thanks !


  • john Reply
    Dec 13, 2011 @ 20:32 pm

    OK guys…I’m back because my hybrid ea is up $111 since Nov 16th. Now that is with using .01 lots and with an opening 3,000 demo account. The drawdown potential is $110 or 3.7% if the ea were to go to $-110 but it really has not even come close yet.

    So…if you were to risk 10%…this ea would bring in about 10% per month providing the drawdown does not get reached.

    But honestly….the drawdown will occur at some point. It just depends on how frequently it occurs. I would like to add the ability to trade the eurusd to this ea as well. Well that is my update….its winning so far! Right now….its got 1 short position opened.

    • zack Reply
      Dec 23, 2011 @ 12:01 pm

      Hi John, how is your hybrid EA doing? Is it available yet for us?

  • Eric Reply
    Dec 2, 2011 @ 13:51 pm

    You guys must not be usig this EA right. In fact the one guy who mentioned having a $300 or $500 in his account was definitely not using it right. I’ve used it for over a month. Even on my home account where I didn’t have all the settings right in the beginning I made over 8% clear in a month after draw downs. The mirror trader is performing better than that at about 9% in three weeks. You tell me where you’re going to get better income on your money. And all the whining on the price? rediculous! Go put your money elsewhere then and see how much you make.

  • vinn Reply
    Nov 29, 2011 @ 11:34 am

    Hi John, can kindly sent me a copy of your EA? Thanks!
    Its great to meet people like ya!

  • mike a Reply
    Nov 24, 2011 @ 21:06 pm

    tried the EA and has the same experience as mentioned by many, small winning trades, and huge losers, no SL. Also didnt work if you closed the computer. I was a bit disappointed cause Dustin Pass promoted it and he has been reliable in the past. The price was just stupendous.

  • John Reply
    Nov 21, 2011 @ 13:33 pm


    This site was meant to support Tom’s ea. I feel kind of bad about what I’m doing but I probably should not. We dont even know if my hybrid style of program will even work? And Tom is the one overcharging everyone, imo.

    Therefore….if these posts get deleted and we lose comms….I will then move to the forex factory forum. The link will be called Tom’s free ea hybrid.

    • poss007 Reply
      Nov 22, 2011 @ 10:10 am

      So john hows your ea coming along have ya started testing it yet ???

      • John Reply
        Nov 23, 2011 @ 19:00 pm

        Trading microlots….its up $33 since the 16th. Currently its short the GBPUSD…1 trade on 2 pips fixed.

  • Nov 17, 2011 @ 8:58 am

    this ea is really good, i dont understand abt all those negative comments out there. This can really make u profit, im using it on 1 live ac and 5 demo, all of them are making good profits. u want this at a decent affordable price mail me to

  • dugsey Reply
    Nov 16, 2011 @ 8:03 am

    I have tried Tom’s EA, well guys you have to realise this works as a basket trader, I think thats the correct term. So it buys a basket of trades and when they are in profit overall it closes them. If you close the losing trades manually you are mucking up the system. You need to make sure that you use small lot sizes, so it can take the trades without risking the account.. However I have to agree that it would be stressful running this on a live account. Because you cannot predict its behaviour.

    So for those who lost money on a live account, learn the lesson NEVER put an unknown Robot on a live account until you can see how it behaves on a demo account.. So be patient test it for at least a month, some experts would say three months.

  • tee Reply
    Nov 15, 2011 @ 21:17 pm

    I tried this Tom`s EA on demo, looked ok at the start, so I say lets try it on live account, it has emptied in couple of weeks, got there $ 300.00 , now less then $ 50.00 left, had to manually close the trades as there`s no stop losses ( regardless what`s Tom saying there are hidden SL there ), otherwise the broker would close on me as I was running extremely low on equities. Good luck if this EA you think is working for you mate, if you ask me ?, run away.
    Good luck

  • Eric Reply
    Nov 14, 2011 @ 17:09 pm

    After one week of running Toms EA on a VPS with $5000 practice account on only two pair EACH with a risk setting of 1, things look to be just as Tom said it would. There have been 50 closed trades (39 winners, 11 losers) for a total profit of $150. 3% in one week with virtually no drawdown is OK by me. With the proper risk settings the open positions are really not all that scary, especially since the majority have turned positive before being close. If it truely can make $500/montth on a $5000 account, then it easily makes back the cost of the VPS and EA itself.

  • john Reply
    Nov 10, 2011 @ 15:52 pm

    I ran Tom’s ea on the free trial basis just to see what it is all about. For me…my demo account did increase about 10% in 2 weeks. Lots of open losers but with the higher lots on the back end…it end up profitable overall.

    I saw how expensive it was to buy. Therefore….I am creating my own version which will mimmick Tom’s semi-matingale style. Basically…it buys 3 single units with 50-80 pips of separation. Then it jumps by a factor of 3. As long as you dont lose the 6%, 10% or 12%….it will remain until the market reverses. Brilliant idea I must say.

    As far as when to enter the trades?….I dont think the ea is that special….especially consdering how quickly it enters the trade. I say just go with the initial trend. Anyhow….my ea is complete….and I refuse to spend more than $99 for Tom’s.

    • george Reply
      Nov 11, 2011 @ 4:33 am

      good Idea, I also want to create EA myself.

      but have to understand the strategy of TOM’s EA with details?

    • poss007 Reply
      Nov 12, 2011 @ 4:05 am

      can you give us a bit more info on your ea ?? Are you testing it and do you plan to share / sell copies ??

      • john Reply
        Nov 15, 2011 @ 8:21 am

        I am currently working on it and it is running on demo. I have no clue as to when Tom’s ea enters that 1st trade. But…given the fact that it enters very quickly I dont think its that important. I’m running it on Activ Trades…no hedging. It basically aims for a profit and repoens additional orders when the market goes against it. I’m using about 50 pips of separation and I trade .01 lots the first 3 trades then jump to .03 lots the next 3. The orders start to trail when a small profit is reached….thereby locking in the profit. I could use a programmer to help me with modifying the take_profits. Right now it keys on the profit so the comp must stay on. Lets see how it does and then I can give it out for free.

        • Drew Reply
          Nov 20, 2011 @ 18:40 pm

          Hi John. I would be intersted in Beta-testing your EA when it’s done.

        • chinfee Reply
          Nov 26, 2011 @ 16:50 pm

          Hi John,
          i am from Malaysia and i am a forex fanatic. i can sit in front of the computer for 10 to 12 hours watching the live charts. kindly sent me your EA for testing. will let u know when i
          got the test results.
          your kind attention is greatly appreciated.

          • john
            Dec 13, 2011 @ 20:22 pm

            Just leave me an email and I’ll send it.

    • Marc Reply
      Nov 16, 2011 @ 2:26 am

      Hi John,

      I don’t get the point on how you’re changing the tp’s to negative to get you out of the hole if your positions go into the negative, please explain?

      Marc out

      • John Reply
        Nov 21, 2011 @ 13:14 pm


        Remember that you are buying more lots the more you go into negative profit. The ultimate goal is for your total profit to go positive…then the ea will close all the trades. The ultimate goal is for the ea to gain slow small profits and rarely face a draw down.

    • Tony Reply
      Nov 16, 2011 @ 20:09 pm

      Hi John. This EA sounds interesting especially if there is little chance of a huge drawdown. I look at their web site and wow – it is very expensive. I guess if it actually does work then its a reasonable price. Are you thinking of making your EA code available at all?

      • John Reply
        Nov 21, 2011 @ 13:16 pm

        I see no reason to hide the code…just provide email.

    • Tony Reply
      Nov 16, 2011 @ 20:12 pm

      I couldnt see anything about a trial basis on Toms website. Just wondered if you could tell me where you got your trial version from please John so I can see the algorithm itself since I dont quite get it from your helpful description.

      • John Reply
        Nov 21, 2011 @ 11:45 am

        OK guys….I have the ea up and running on demo on 2 pips

        As Tom says…its very important to use the lowest lot size you can. So…it trades .01 lots inititally. Then it will jump up to .03 lots after 3 trades have gone against you.

        Each time the trade goes against you it will buy/sell again until you either lose $110 profit or you win. Yes…it is a semi martingale style….I wont bs you. No holy grail.

        Give me an email address if you want it for free. No guarantees that this will work. It brings in small profits but when the profit reaches -$110 you will lose what you have gained. Right now…since the 16th of November I am up 25$. EA must run by itself with no other orders or programs. Use demo at 1st and be careful when/if you go live.
        Finally….this will not hedge I am unsure as to how Tom’s ea does that.

        • John Reply
          Nov 21, 2011 @ 11:57 am

          How does my program take that initial trade? No hocus pocus here….I 1st look at the 5 day high/low. I then take the mid point value. Price must be above midpt for buy…..and below mid pt for sell. Trigger is the 10,3,3 5M stochastic. When it closes above 80 then I would sell if the next stochastic at close is lower. Opposite for a buy.

          This is not the same as Tom’s EA. I do not know what that thing does. All I know for sure is that it uses a semi martingale approach for the non hedging version. My ea is free. I am not a programmer. I am a program modifier and thats what I’ve done. I personally would rather have Tom’s ea but that price is absolutely rediculous, imo.
          The trial period was nice but when I saw the price….aint gonna happen.

          I have not done any backward testing. My program is new and I cannot guarantee anything. My plan is that if/when my demo program reaches + $110 I’ll go live.

        • rob Reply
          Nov 28, 2011 @ 13:18 pm

          Hi john can i try your edited ea ..

      • John Reply
        Nov 21, 2011 @ 13:24 pm

        I got it from the Tom’s ea website but the trial is no longer available as far as I know. The prgram ran for 2 weeks and then the password code expired. I still have the compiled file. I wish I could get that decompiled then we could all figure it out.

  • Brandon Miller Reply
    Nov 7, 2011 @ 2:10 am

    I, strangely, haven’t experienced any of the problems that others have been mentioning here. That being said, I am truly sorry to those of you who have been only disappointed by the performance of this EA. My personal experience thus far is as follows. Last week, I opened up a $3000 MT4 demo account with Hot Forex using 50:1 leverage. By the end of the week with that particular brokerage firm I had made a positive profit of $160. I realize it’s somewhat hasty of me to do so, but after that positive experience I just today moved Tom’s EA over to my live Alpari US account. Unfortunately, I recently lost over $200 using the Jackal pro expert advisor, so my live account now has a balance of &769.00. I’m currently running a mixture of Fap Turbo 54, Fap Turbo Ichimoku 1.1, Honest forex signels an Tom’s EA on that account. Slightly amuzed grin, let’s see what happens. I’ll keep you updated.

  • MarkNZ Reply
    Nov 5, 2011 @ 21:45 pm

    I have tried TomsEA for the last week on demo mode, being that I didn’t want to risk any capital. The system started trading almost immediately. I had a demo account of 43K and traded only the EURUSD pair. Due to the size of the demo account I had it operating with mini lots and not micro lots as suggested by the distributors.
    The system immediately went into negative $$ with the open trades which was pretty disconcerting. I was going to trash it then and there but as it was a demo I decided to see it blow up.
    It didn’t.
    After 5 trading days returned $5179 to my account over 23 trades. 8 of those trades were losses. One of those losses was $1680, another was $1143. The rest averaged $405.
    The system has a peculiar approach/twist (whatever you want to call it) on the Martingale principle. I watched one of his webinars and he admits this openly. Refreshing I guess.
    My open trades always seemed to range from 0.6% of capital to 18%. I found 18% uncomfortable but let it ride asi ti was only a demo – and it only spiked at that from what I saw. Generally it sat at around10-11%. still sizable but I guess ok if it actually makes money.
    I closed out the week with a 12% profit. Not bad for a week of trading. Luckily though the point that I determined to close all open trades I was only exposed to about $350.
    would I buy this? Hell actually I am not sure. I’m almost tempted.
    some things that I have a feel good about is
    – the pedigree of the people. At least they have a history of delivery (as far as I am aware).
    – the offering of a 60 day money back guarantee (provided they honour it)
    – a lease option of $379 for 3 months then $97. I’ve never seen this before and it would be be a good gig for them to have an annuity system going for them of lots of people continually paying them $97 monthly for ever. I’d love that and any accountant would be grinning widely. I suspect most would opt for this method as they are likely to lose less if it tanked.
    $2000 USD seems a lot, especially if it sucked thru non performance.. but if it returns what I experienced ongoingly to a most part, you know I am sorely tempted.
    I’m just worried that I would be disappointed… again!!
    And I only tried it for 5 days.

    Hope this helps.

    • Michael Reply
      Nov 11, 2011 @ 8:14 am

      Hi Mark
      I feel the same way. These days I suffered a heavy drawdown an my balance is negative, before wedensday, it did really well. One thing I wonder, what is your lot size on your 43k account and iRisl level 1
      Thanks Michael

    • george Reply
      Nov 11, 2011 @ 11:58 am

      within 2 weeks, profit 1300pips, and 400 pip open loss now with 1 pair and Risk level 1

  • Dhanan Reply
    Nov 5, 2011 @ 18:09 pm

    Thanks guys for your feedback. I was wondering whether I should buy this, but now I’ll just stay away. I downloaded the trial version but never got it to install. It was scanning for my MT4 installations and never found them. Didn’t get a good impression since then. Also, the price is way high for such huge drawdowns. In my experience, no EA can ever come close to manual trading!

  • vijj Reply
    Nov 5, 2011 @ 5:28 am

    Running the EA on a demo account and its doing so so ! — nothing special but the
    main worry is that this EA released by Dustin and TOM violates our privacy policy

    My research has indicated that this EA is a MALWARE:

    see the notification from the anitivirus LAB

    The file ‘TomsEAInstall.exe’ has been determined to be ‘MALWARE’. Our analysts named the threat TR/Gendal.KD.381907.2. The term “TR/” denotes a trojan horse that is able to spy out data, to violate your privacy or carry out unwanted modifications to the system.Detection is added to our virus definition file (VDF) starting with version

    If any one has more info on this issue then sharing the concerns may avoid a lot of headaches!

  • Robert Wilson Reply
    Nov 3, 2011 @ 23:39 pm

    I have tried TomsEA for about two weeks on a demo . If used correctly it has produced wins every day I’ve used it,.in fact my open trades are now lower than my wins . As a president ones said stay the coarse, who wouldn’t want 8 to 12 precent wins in there account per month .

  • poss007 Reply
    Nov 3, 2011 @ 5:51 am

    I totally agree tom’s ea is not worth the outlay , after running it for 5 days my account has taken a lot of small trades and masses of open losing trades Big Loosers so basicly i have had to remove the ea and take the losses around 75% of my starting balance . I would not recomend this ea to anyone and not for any amount of cash… AVOID this EA at all cost ….

  • John Reply
    Oct 28, 2011 @ 1:18 am

    Lots and lots of open trades remain, all in loss and all now sporting BUY targets lower than the buy-in price (and vice-versa for the sell pricing) – no way it can avoid massive losses. How did Dustin Pass ever put his name to this schemmozzle?

  • thadine Reply
    Oct 25, 2011 @ 22:26 pm

    I’ve been trying this out. A couple small wins, but as others have said, a lot of open losers. There are no stop losses! Definitely wouldn’t risk this on a live account.

  • Rod Reply
    Oct 11, 2011 @ 18:13 pm

    Yes I agree with Rich. Lots of wee winners and lots of open losers. I guess if we wait long enough they might win.. Not a big money puller at all. a couple of trades by MD way beat this. I am running it live with $5k and opens .01 lots. Not for me. And the price! Just a joke. I strongly recommend avoiding it..

  • Rich Reply
    Oct 11, 2011 @ 2:03 am

    I tried Tom’s EA on a demo & was told it was a beta version & couldn’t log on.. After that was sorted I traded it on 6 pairs with moderate risk… Every time a trade went to profit of appox.. 30 pips it closed… BUT.. the out of the money trades (losers) were kept open even with -350 pips per trade.! After 2 weeks The open losses far exceeded the closed winners & the long anticipated huge price of $2k came.. I was disappointed … I expected a better product then it is.. I strongly recommend avoiding it..

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