Forex Flex EA Review 2024: Features & Alternatives

Forex Flex EA is a long-standing automated forex trading system that runs on the MT4 and MT5 trading platforms. Forex Flex EA remains as one of the top trading software for the forex markets due to its quality program and excellent customer service. 

The program works by autoamtically scanning the market to seek out opportunities for account holders. It then provides these trading signals using built-in algorithms and rules based off a number of tehnical indicators and market analysis techniques. When using an automated trading prgoram like Forex Flex EA, it will then place the trade without requiring the user to do so manually, according to the rules and money management strategy set forth by the account holder. 

Overall, forex robots like Forex Flex EA are a good match for traders who may be newer to the industry, and don’t have a ton of firsthand experience just yet to start trading manually. Once set up, Forex Flex EA will operate fully on its own making trades in the forex market and earning them profit behind the scenes, which is why it’s such a valuable tool. It is important to note, though, that there is no guarantee that the robot will earn you the profit that it promises.  

Forex Flex EA Advantages

The first thing we’ll do in this Forex Flex EA review is cover the top advantages of using this platform. 

Free Member Forum

There is a members’ only forum that gives account holders access to insights from other traders on the platform. This can help newcomers learn trading strategies and learn how to use this automated trading robot better. 

Fully Automated Forex Bot

Forex Flex EA is a fully automated bot, meaning it can enter trades on your behalf after it’s been set up. Users can use the program out of the box, or they can customize it with their own rules based on their own trading strategies and money management preferences. 

Trade On Multiple Currency Pairs

There are a number of different currency pair options available to Forex Flex EA users, including GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD, EURJPY, EURCHF, EURGBP, and NZDUSD. 

Forex Flex EA Features

Here are some of the top features that we discovered through our Forex Flex EA review. 

Flex EA Trading Strategy

There are many different trading strategies available on the platform once you’re setting up your trading account. Basically, it includes every trading strategy imaginable that an EA vendor could offer–with up to 12 different strategies available to choose from. 

Flex EA Myfxbook

Another feature of the platform is the MyFxBook, which tracks live trading results so you can see the historical performance of the platform. This helps boost the transparency of the site, though past results are not a guarantee of future performance. 

Flex EA Plans & Prices

Lastly, there are a number of different plans and pricing levels that you can choose from, meaning it’s accessible to traders at all levels, especially compared to some of the other best forex robots out there. 

	Flex EA x1MT4	Flex EA x1MT5	Flex EA x2 FTMOMT4 + MT5
Price	$349.47	$349.47	$499.95
Live Account License	1 For MT4	1 For MT5	2 For MT4/MT5
Demo Accounts	Unlimited	Unlimited	Unlimited
All Strategies/Set Files Included
Full Access To Private Forums
FTMO Prop Firm EA Version

Forex Flex EA Quick Overview

4.6 stars

Best Overall Value

• Customizable or out of the box settings
• Automatic update system 
• Easy to monitor market conditions through virtually any charts on the platform

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Forex Flex EA Customer Reviews

Let’s take a look at what customers have to say about Forex Flex EA.

Never used something like this before, but decided to gamble on it because of the 30 day money back guarantee. Results have been better than expected and I am now at the 90 day mark. One great thing about this product is that the developer is also the customer support so you never get canned answers and can ask anything.

Ryan

I have been using Forex Flex for 7 months and I make a profit almost every trading day. The support you get from Steve is excellent, he responds within 24 hours.

G. Byers

This is an amazing EA. People trade with too high risk, and wonder why DD is high. Keep it simple. If you have a $1000 account trade worth 0.01 lot size. If you have a $5000 account, trade with 0.05 lot size etc. I’m making 2-5% per month low risk. That’s so much better than the banks or most other investments – we all need to stop thinking of Forex a get quick rich scheme!

Matt

Am using this to trade on the S&P with my own set file (settings). Very successful and the developer assisted by making a modification that was required for this to work.

Simon

Forex Flex EA Service Review

Let’s take one final look at whether Forex Flex EA is a good fit for your needs. 

Is Forex Flex EA Right For You?

Forex Flex is a great option for you if you’re newer to the field, and don’t have the experience or knowledge to enter trades manually. You can easily set up the program using the provided settings, or customize them to fit your own strategy as you go. It will enter trades for you automatically based on your rules, so it can help you be more efficient and accurate. 

Cost Value 

The Forex Flex EA pricing is a little higher compared to certain competitors, however, this does provide a lifetime license, so it just requires you to make one upfront payment, not ongoing fees. 

Customer Service

Many users point out the great customer service they experienced from using this program, which we see as a positive sign. 

Ease of Use

Overall, many users like how easy it is to get started with Forex Flex EA, and that it provides automatic updates to the system for the lifetime of the program. There is a standardized set of rules you can access immediately once you purchase the program, meaning you don’t have to have a ton of knowledge about the market before getting started. 

Included Features

There are many great features that we discovered in our Forex Flex EA review. One very powerful feature is the Forex Flex EA backtesting, which not every forex broker will offer. They also offer all the appropriate settings a trader needs to 

Plus, they also include helpful indicators that not all brokers offer, like EMA crosses, TDI, support & resistance, bollinger bands, ADR, stochastic, RSi, candle sizes, momentum, and others. This sets Forex Flex EA apart from others, especially given the fact that they offer a demo trading account where you can enter virtual trades with their virtual trade technology without having to actually trade your own money and put it at risk. 

Overall

Users like that they can implement practically any strategy using this forex robot, which is easy to set up and available with standard rules out of the box. Plus, for more advanced users, it’s easy to customize to fit your particular needs. Overall, the access to the forum and community makes the whole ecosystem very beneficial to traders at all levels. 

2 Top Forex Flex EA Alternatives

Forex Fury

Forex Fury by Rypax Inc., is a system that traders can use to make automated trades. They have great features that are suitable for investors with any level of skill, including both those new to the markets and experienced investors. Many point out the high win rate and helpful tools and features as positive for using the program. 

Coinrule

Another automated trading platform is Coinrule. They have great features that help you track market conditions, which allows traders to make informed investment decisions. Many like that you can access the crypto markets from Coinrule. Overall, the platform is simple to use, and you don’t need to be an advanced user or have coding knowledge in order to set up this automated program. 

Conclusion

Forex Flex EA robot is a forex robot that is very robust and user-friendly for all profit methods. Perfect for traders at all levels, and no matter what strategy you’d like to use, this forex robot is great at all levels. 

You can make unlimited demo accounts, access precision entry points without having to manually trade, and make highly optimized set files for ease of use. Plus, you can use virtual trades and other key features–money management included–to get the best chance at profits that you can, which you may not see from any other EA vendor.

Frequently Asked Questions (FAQs)