Auto Forex Direct 

I was with these ,left in feb with big loss, now drawdown is even worse..now
with Prophet fx great profit and manage risk very well.

Where do I start. Please please please stay away from this company. Believe all the bad reviews you see here. I have just been forced to accept a loss of £6500 due the absolute horror show this company put me in. Their so called 'strategy' using this system is completely flawed. Don't believe their hype or their stats as they are clearly made to look good by hoping people don't close off losing trades. I have just had the worst two weeks of my life watching that money disappear. The 'system' placed 12 sell trades in a row against the run of how the currency pair was turning and it just didn't stop until the drawdown was over 85% the trades are still open now almost 3 weeks later. They had no risk management in place so the trades were left to run. No stop loss, no risk to reward ratio, the system should never have been allowed to go past even 15% total drawdown. They give you the only answer they can give when asking them questions which is 'we believe it will retrace' just before an announcement to add 500 billion in bonds that forced the euro to massively increase in price. They allow you the choice of cancelling the trades, you have complete control yes. But rather than watching my whole account disappear I decided to at least save some of it by cancelling them but its still left me massively down. They have no care in the world what happens to you and want to charge you £49 a month regardless of win or loss. In my mind that's wrong, it should at least be done on a commission basis rather than charging you upfront. As I say look at the bigger picture of this service rather than past stats as although you might be up slightly one month you will pretty much almost lose your whole account the next and they have done this twice now this year. Also they state you dont need any training but you do need a thorough knowledge of forex as when you get put in the situation i was put in you need to know how to manage it, be warned. Stay away. Update 05/08/20 they are still in these trades after 2 and a half months. Current drawdown is 85% they have also removed their page from Facebook obviously due to the embarrassing situation they put their clients in. Their website is still there but shows the massive drawdown % I hope darren ceases trading in forex. He had no idea!

My account is blown,11 positions open with 90% drawdown. Don't use this or you are going to lose all your money

DONT USE. Have tried these guys twice and both times failed. Have had friends including myself loose thousands of dollars. 90% drawdowns and stop out of account. Pathetic darren

Do not use it. Extremely risky and over trade the account. The risk-reward ratio is very low. Their system simply not mature enough. One trade can easily lose 40% or more of the equity. There is NO MONEY MANAGEMENT. This is gambling not trading. In Feb, 2020, I am pretty sure a lot of people lose their hard-earning money.

The reply is misleading. They did not mention the 80% drawdown in Feb and Mar 2020. They over trade account! I used their service and I cancel it! It is not worth the risk. DONT watse your hard-earn money with this company!

Very unprofessional trading during corona virus news resulting in massive draw downs and losses of capital. Risk management seems non existent and stop losses are miles out. Currently two of the same pair of USD trades running that have already hit stop loss so they have decided to leave the both remaining trades open meaning no stop loss set in the gamble that they will swing back round even though they are showing no signs of retracing meaning extremely high draw down even higher than the previous stop loss of the same two previous trades resulting in potential more and even higher losses or blown accounts. AFD have basically decided to take the gamble rather than take the appropriate risk management, but instead passed the book onto their clients by reminding them they can close the trades at a massive loss manually rather then to carry on riding them out if they wish. I chose to close out in the end to prevent my account from being blown. Was my first month with them and it will be my last.

I have only seen the system on demo. I must say, it did do as promised.

Amazing service. Easily the best ea tried ever. Allow free use on a demo account. A try before you buy. Heartily recommended.

Only using the demo account atm but if the live account makes the same profit I'll be over the moon. Also they answer any questions or concerns in a timely manner.

What a train wreck, needs to be laws in place against unlicensed, inexperienced, self promoting sales fools like this. Has wiped out over 50% (looking like it will go 100%) of peoples accounts in only 4 trades, has absolutely zero experience with the bot he has, no idea whatsoever. He runs a pub if that gives you an idea.

I tested Auto forex direct with demo account with my own broker and it is working quite good. Planning to run on real account

Working very well so far, good support, helpful team and easy set up.

Edit to original review.. weak USD has caused volatility in the market. AFD have applied extremely poor risk management. From being £120 in profit, I am now -£344 (I ended one trade manually as it was running away) - 2 trades hit a stoploss at -£99 and -£112 respectively, with another £350 in drawdown. The stoploss seems to be controlled by AFD and they move it to where they see fit.
Absolutely massive losses compared to the relatively small wins. I would expect no more than 2-3% of account balance to be risked at any one time. I have so far lost/have in drawdown over 35% of my account in just 4 trades. Mistakes happen and maybe the trades shouldn’t have been taken, but there shouldn’t have been more than a £30-£40 loss before it was stopped out. Madness.

Consistent Profits, low risk and excellent results.
This is my feedback after using your service for 3 months.
I especially love it when the system was upgraded to reduce the drawdowns while maintaining profits. This reduces the risk significantly. Pls continue to maintain the system with less open trades and less risk. Well done!

Hi guys .
Have to say so far the best service what I seen in this water...
I hope u will keep this performance another decade

Very good inputs and outputs. If there was an alert, it would be even better. I would like to see when a transaction opens and closes.
Thanks!

Really pleased with Auto Forex Direct. With so many scam companies around, especially with software for forex trading (I’ve been through quite a few, none actually making me any money!) it’s nice to find a product that works from a company that actually cares about its customers. I like that it’s a subscription service as opposed to a pay £xxx amount upfront and if it doesn’t work you’ve paid out all that money for nothing. I think it’s a much more honest way of charging people because if it doesn’t work you could just cancel. But from what I’ve seen so far the software does work! Had a demo account for about a week but when I saw the money it was making I signed up for a real account and that’s in profit too! 5% in 10 days which I’m more than happy with! It’s just set and forget, I don’t need to do anything apart from see the profit come in. Highly recommended

The best forex trading bot that I’ve tried.