Forex Steam EA Review 2021
In today´s post on our best ea forex blog, we will be doing a Forex Steam EA review. So, our team will be analyzing many things, such as strategies, prices, and clients´ reviews.
Read the post to the very end to find out the most important information you need to know about this EA and discover if it makes our Best Forex Robots page.
What is Forex Steam EA?
Forex Steam EA is an automated Forex trading robot that operates on your account generating profits while you can just relax and see the money slowly coming at you.
Like many other EAs, everyone will benefit from Forex Steam EA. It doesn´t matter at all if you are just getting started or if you are a more experienced trader and have been using Forex for a long time.
As soon as you purchase it you can change the original settings to make it work according to what your unique plans and strategies are, or you can operate it using the default mode. There are no limitations in the way, so you can make the most out of this bot.
Also, this bot was made to operate on the M4 and M5 platforms on the M5 timeframe. And its system is made to operate at low risk to provide long and short-term profits.
However, there are two different versions of this EA, and if you purchase it you will get the two of them. These are the Light ForexSteam EA and the Normal one. But, the developers state the Light version has shown to be much more profitable and low-risk through the years. They still offer the Normal version, but it´s not the best option for new Forex beginners since it´s more on the risky trading side.
Who is behind Forex Steam?
A good sign we found for this Forex Steam EA review is the creators, developers, and the whole team behind this bot are shown on their official website. You can check it out on the “About Us” page, scroll down until the very end of the page. There you will find the leaders’ team and the roles in the project. So, you can easily find their names to check their identities.
They have had this EA on the market for over 10 years now, and are still going strong as we can see. They state their most important priority with the robot is to make sure you earn profits with it. As it should be for all developers, but sadly that is not the case all the time.
And last but not least, on the “Contact Us” section you will find their address. They are located all around the world, but their most important office is in Richmond. There you will also find an email just in case you want to talk to them about customer support, sales, or even business.
How cool is that? We appreciate the fact they are so available and eager to interact with their clients.
We know there are a lot of mixed feelings behind this EA. So, keep reading our Forex Steam EA review to find out what our honest opinions are about this bot, especially the strategy behind it.
Firstly, this bot provides long-term growth with low risk, as we said before. According to the website, since 2017 the EA has experienced over 91% growth in the winning percentage. To keep it this way, the developers send constant free updates so the bot can adapt itself to the ever-changing market solutions.
Also, as we stated above, this bot comes with two different versions you can choose to trade. These are Light and Normal, being the first one the developers recommend the most to beginners because it has a low risk while trading and is the most profitable version they have created so far. The second one is meant for experts since it has a high-risk game.
In the matter of the supported currencies, there is quite a lack of information on that topic. On the website, there is not specified information about it, but they mention it supports EURUSD.
A huge downside is this bot doesn´t have verified results on any third party websites, not even Myfxbook. So, with over 10 years operating with satisfaction, one must expect to see some real and live results. The strategy they are using is a bit similar like we saw in our forex megadroid review.
Forex Steam EA Packages/Prices
- Price: USD 117.99
- One time payment.
- Includes 4 licenses that can be changed and re-used.
- All versions of ForexSteam.
- Free upgrades for life.
- No upsells.
- Instant access.
- ForexSteam Light and Normal included.
For our ForexSteam EA review, we found the clients´ review on the official website. So far, it only shows good reviews with positive comments from people who are thankful for the EA.
Most comments state that the bot wasn´t working as well as they expected, but they contacted customer support and everything changed for the better.
What do you think? We find it a bit odd, but who knows, right? Do not forget that there are many other forex expert advisors. We are always on the look for the best forex expert advisors.
Forex Steam EA Pros & Cons
- Instant download after purchasing.
- Free installation and video guides.
- Free updates regularly.
- 4 licenses that can be used or re-used on live and demo accounts.
- 10 years of real trading with proof.
- Long-term success and big gains.
- Advanced filters, trailing stop, break-even, and more.
- Very affordable price.
- Two different versions to choose from.
- Customizable settings.
- The creators don´t offer a 30-day money-back guarantee.
- Slow response time.
- Risk reward ratio.
- Long trade length.
- There aren´t many verified Myfxbook results.
- You must invest from USD 300 to USD 500 to make it trade.
Conclusions Forex Steam EA Review 2021
So far, we are pleased with this ForexSteam EA review because we were able to find tons of useful information to give you a deeper insight.
Remember if you choose to try this EA is on your own risk. Overall, we find it a bit weird that there are no verified results from this bot on Myfxbook, knowing it has been on the market for way too many years now.
But what do you think? Would you buy it and give it a try? Let us know your final thoughts about this EA.