Forex Flex EA Review

Flex EA is a pretty well-known robot across the Forex community. It has both old and new trading results on verified accounts. Trading results showed that there might be risky strategies on the board because some accounts have a high drawdown. However, there are countless strategies to choose from, each with a live trading result in the member area, you should do your research and find one that suits your trading style. Here is some very useful information about the Flex EA.

• There are many live results for dozens of trading strategies.
• Clients will see low, medium, and high-risk trading settings on the popular member-only forum
• The EA provides us with fully-automated trading performance with money management features.
• The robot can perform on both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, with optimized settings for both MT4 and MT5 versions.
• There is a version for the FTMO prop firm challenge
• Clients can rely on 24/7 professional support.
• Variety of strategies with over 15 in-built indicators
• There are free updates and upgrades.
• The installation process takes less than five minutes.
• It trades on all currency pairs.
• Traders can work on both real and demo accounts and support any trading style.
• NFA and FIFO compliant.

The developers of the Forex Flex EA claim that no automated system on the market can consistently provide profit without regularly updating the settings. In their release of this software, they’ve included an automatic update system to resolve this issue and to make sure that all clients have access to the best-performing settings. This is certainly a feature that I’m very excited about and I hope that I can see this live in action.

Forex Flex EA Strategy Insight

The actual Forex strategy behind the Forex Flex EA isn’t discussed in detail but the providers of this software have a variety of impressive-looking results for many setups. Traders can take a sneak peek at the risk involved with the various strategies using the available trade statistic or even test them out completely risk-free using a demo account.

For clients seeking the best strategy that works, the developer provided verified trading results for popular trading setups including ADR Dynamics, Candlestick V3 MT5 H1, RSI 90 Cross, x3Retrace strategy, default strategy, Progressive FlexHybrid .set file. You can narrow your risk research to these strategies and see the one that best suits your trading style.

EA Breakdown

• Type: Forex Robot
• Strategy: Multiple
• Currency Pairs: All currency pairs
• Time frame: Any
• Price: $349.
• Terminal: MT4, MT5.
• Platforms: Any broker, Prop firms.

This software provides three different pricing options currently, Flex EA x1MT4, Flex EA x1MT5, and Flex EA x2 FTMOMT4 + MT5. The Flex EA x1 MT4 option provides traders with one MT4 life account license for $349, the Flex EA x1MT5 provides one MT5 live account license for $349 and the Flex EA x2 FTMO MT4 + MT5 provides two MT4/MT5 live account licenses as well as a version for FTMO prop firm for approximately $500. There is a 30-day money-back guarantee, which is in line with features of trusted developers of robots like Wallstreet Forex Robot, Forex Diamond EA, and Waka Waka EA.

All the pricing packages come with all strategies and set-files, access to the members-only forum, and unlimited demo account usage. Trades can leverage this unlimited demo account support to test out the various strategies and set-files of the Flex EA.

Backtest History

The presentation is featured by a screenshot of the backtesting report.

This report is positive. It was done with 99% modeling quality.

Trading Result Overview

As we said earlier, the developer has shared multiple different Flex EA trading accounts that have been verified by Myfxbook. This enables us to get an idea of how the strategies and setups have been performing through live market conditions.

We have results showing all multiple different settings that the expert advisor uses which are great. However, there might be risky strategies and trade setups but the EA shows smooth and predictable trading. I suggest you try the strategy setups on a demo account before going live.

Flex EA Verdict

I’m very excited by the potential of the Forex Flex EA system on demo and real account. The EA can make some profits. It’s true. We checked backtesting reports and trading results to be sure that the EA is good.  The Flex EA member forum is one of the most active in the Forex community, you will see an active community of like-minded traders helping each other. The developer provides quite a high level of transparency, but they could share more information about the system’s core strategy to ensure that it’s not a cat in a bag.

Pricing is also attractive, it is quite standard to ask $400 for a professional trading robot like Flex EA.

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