NFA is a regulatory institution for the United States derivatives industry. It focuses on on-exchange traded futures, OTC derivatives, and off-exchange foreign currency. Flex EA runs on MetaTrader 4 MT4 , an electronic trading platform used to automate foreign exchange speculative trades. The tool will continuously monitor the conditions of the market and determine the perfect entry point according to the settings, and will execute trades on your behalf. Essentially the robot will do as it is programmed to do so that it both enters and exits trades according to the parameters that are set.
Flex EA developers continuously update the robot and you can access various versions of the bot, including the latest versions and previous versions, via the members area. Flex currently has two membership options.
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Aside from those, both memberships have the same access to features, such as unlimited demo accounts, all strategies, set files, and full access to private forums. Here are the key features of Flex EA that make it an attractive option as a tool for your trading. To use the services and features of Forex Flex EA, you only need a one-time payment.
Forex Flex EA + 47 Set files included UNLIMITED MT4 - ForexStoreEA
The price depends on the membership you want. To open an account, the mentioned minimum amounts must be taken into consideration.
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There are some disadvantages, as well. For instance, the bot requires some testing and potentially changing the settings according to your own preferences. The amount of customization available makes it ideal for more advanced users who want to be able to set the bot to trade in their own style. If you are not familiar with the concept of forex trading bots and you would like to try one, then Flex EA is a good choice.
It will help you trade foreign currency through computations without the disadvantage of human emotion in play. These indicators are obviously used in conjunction with their robot though, so they are quite complex, and not something you will be able to recreate by using the indicator on its own. All that really matters when it comes to the Forex Flex EA, or any other robot is the performance.
How a robot gets their results is important too, but to me, I only really care about the end result. If an expert advisor is viable, then the developer should be able to prove that with active Myfxbook trading accounts. The Flex EA team meet this expectation, as they always keep their results up to date. In the image provided, you can see multiple results categories on the front page of the website. They provide Myfxbook accounts for three new verified trading strategies, and then have a live trading results section showing just their customer accounts.
This way, potential clients can see the robot working as it should for other clients already running it on their trading accounts. The majority of the of the Forex Flex EA trading accounts show very consistent gains. The drawdowns fluctuate, and can get high on certain accounts, but the developers are forward and transparent about this in their trading strategies.
If you want a low risk approach, they have slow n steady set files that can be used, but personally, I prefer their high risk settings. In most cases when using this robot, I prefer to test the boundaries of the software, and push the limits. In many cases, I will risk my account over a short period in an attempt to grow it quickly and then withdraw my earnings.
Information about Flex EA
Here we can see a couple back tests using different pairs. These prices are subject to change, so please leave a comment if you see any price adjustments that I need to make to this review. All of the packages come with unlimited demo accounts, all strategies, all set files, and full access to the private members only forums. Probably my favorite addition to the Forex Flex EA membership is the members only forum started in This area gives traders the ability to discuss the software, share their results and trading strategies.
After many years of service, Forex Flex EA is consistently one of my favorite expert advisors in the market. With frequent updates, optimized settings, proven trading results and a members area forum, this is a sustainable trading robot. This is a robot that I use on my personal trading accounts, which is you can find it ranked highly on the best Forex robot testing page. This page will act as a place for people to leave comments and opinions about the Forex Flex EA so please scroll down and let me know what you think.
Just bought the FLex EA. Hi, may I ask what setting you have selected and did you make any adjustments to it? I hear that creates bugs. Your email address will not be published. This site uses Akismet to reduce spam. Learn how your comment data is processed. Summary Forex Flex EA is a long running Forex robot that recently added a forum just for their clients. Overall 3. Comments Rating 0 0 reviews. Pros User forum Long history Verified results Pre-packaged settings.
Forex Flex EA Review: Does It Really Work?
Cons High price. Patrick Ryan. Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term.