Forex Fury Review: Is It a Scam？

Forex Fury has recently been one of the more talked-about expert advisors (EAs). Designed to work with MetaTrader 4 and MetaTrader 5, Forex Fury promotes itself as a high-performance algorithmic trading software that simplifies trading decisions and boosts profitability. It claims a 93% success rate touted by its developers.

About Forex Fury

Forex Fury is a trading robot that is based on a set of algorithmic rules. After purchasing the software from its website, traders can install it on MT4 or MT5 platforms and customize its parameters based on personal preferences. Forex Fury claims that it can help traders minimize emotional decision-making.

The 93% Success Rate

One of the most striking claims is that Forex Fury has a 93% win rate. However, we find that no third-party verified Myfxbook or FX Blue data is available for live accounts on their website. On the other hand, the official website only offers videos and backtest results.

Feedback from Traders

Forex Fury holds a rating between 3.5 to 4.0 stars on Trustpilot, as of now. While some users praise its simplicity and initial success, others highlight issues such as poor customer support,

over-optimization in back tests and struggles during volatile market conditions.

Conclusion

So, is Forex Fury reliable? You need to understand that if you're looking for a plug-and-play solution that requires little intervention, Forex Fury may serve as a starting point, particularly on demo accounts.

Frequently Asked Questions (FAQs)

Q1: Is Forex Fury a scam?

A: There is no clear evidence to label it as a scam, but its performance claims should be taken cautiously. Its a trading tool, not a guaranteed profit generator.

Q2: How much does Forex Fury cost?

A: The software usually costs $229.99 for a lifetime license and includes one live account and a demo account.

Q3: Can Forex Fury be used on any broker?

A: Yes, it works on any broker that supports MT4 or MT5.