Elliott Wave Forecast Reviews 

58
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TrustScore 4.5 out of 5

4.5

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Rated 5 out of 5 stars

To me, they're the best trading service I've come across, and it's not close. It helps to know the depths of the how/why of what Elliot Waving is, which they teach, and can be learned in any of the... See more

Rated 5 out of 5 stars

EWF is a fantastic technical service if you want to learn how to trade the markets. Eric is top notch, he knows how to read the markest. Besides, customer support is at the highest level, whatever you... See more

Rated 5 out of 5 stars

This is hands down an amazing team with lot of valuable insights. The framework they leverage is excellent and supported by visual aids and live trading room. Staff is very knowledgeable and well vers... See more

Rated 5 out of 5 stars

I have used other Elliott Wave services in the past, but EWF is absolutely the best! Terrific and timely customer service- I feel like they really care about me. The different chat rooms are awesome... See more

Company details

  1. Investment Service
  2. also in
  3. Alternative Financial Service
  4. Finance Broker
  5. Financial Consultant
  6. Investment Company

Written by the company

ElliottWave-Forecast is one of the largest technical analysis firm in the world. We cover all major asset groups around the clock, we cover 78 markets in total including Forex, Commodities, Crypto Currency, US 10-year note, World Indices, U.S. stocks & ETF.


Contact info

4.5

Excellent

TrustScore 4.5 out of 5

58 reviews

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4.5

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(58)

24 reviews in the last 12 months

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Rated 5 out of 5 stars

This is hands down an amazing team with…

This is hands down an amazing team with lot of valuable insights. The framework they leverage is excellent and supported by visual aids and live trading room. Staff is very knowledgeable and well versed with the Elliott Wave Theory and more importantly responds promptly and always available to help you become a better trader. Honestly I still don't know all about EW theory myself and rely on their expertise to guide me through. I know I can trust them and count on them for the needed guidance for my trades. Special thanks to Sanmi & Taha from Grp 3 team for going extra mile always!!

March 3, 2025
Unprompted review
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Rated 5 out of 5 stars

Rejoined After a Break – Much Better Now

I was a member a long time ago when the service was quite different. Back then, they only covered one group of instruments, had one chat room, and about five analysts, if I remember correctly.
The Elliott Wave analysis was good, but they didn’t provide trading setups, which was my main concern. They also didn’t cover the stocks and indices I was interested in, so I decided to look for trading setups elsewhere.

Last year, I came across their service again and decided to give it another try. I’m glad I did. The service has evolved significantly, with many more analysts now, although the main team is still there after all these years. They provide trading signals that work very well, and the system is much easier to follow. I find the blue boxes and right-side stamps on the charts particularly helpful—they make the setups clear and easy to understand. The support in the 24-hour chat rooms is also excellent. I once spent almost an hour with one of their technical analysts, who patiently explained complex Elliott Wave patterns and showed me how to use the Fibonacci extension tool.

I was debating whether to give them 4 or 5 stars because some analysts don’t have perfect English accents, but it wouldn’t be fair to give less than 5 considering all the support I’ve received. They are always professional and polite, and their trading setups have worked out well for me more often than not, which is ultimately what matters most. Also, I recommended it to my friend, who is now using the service as well.

February 13, 2025
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Reply from Elliott Wave Forecast

Thank you so much for sharing your experience and we are glad to have you back as a member.

Rated 5 out of 5 stars

Worth it if you have realistic expectations

At first, it took me some time to get used to their trading system, it was quite challenging I must admit. However, over time, they improved the chart labeling and released some educational videos that explain the strategy. Now, I find the charts much easier to trade.
I’d say it’s important to have realistic expectations. You won’t get rich overnight, but the strategy works in the long run. I especially appreciate that all live sessions and webinars are recorded, so I can watch them later if I miss them. The 24-hour support in the chat room is also great—you can learn a lot if you stay engaged. Their technical analysts are always available, and you get help quickly whenever you need it. If you use the service, here’s some advice for newbies: don’t try to be smart and trade every single chart they present. Instead, focus on the setups they highlight in the live trading room or at least ask the analysts in the 24hour chat room for their recommendations

January 30, 2025
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Reply from Elliott Wave Forecast

Thank you so much for sharing your experience and we are glad you enjoyed the service.

Rated 5 out of 5 stars

Glad I found them

Glad I found them! I’ve improved a lot since joining the service. The analysts have deep market knowledge, and their trading signals are quite reliable, i would say around 70%. The system and services are solid, but they focus entirely on technical analysis, so fundamentals aren’t really part of the discussion.

February 5, 2025
Unprompted review
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Reply from Elliott Wave Forecast

Thank you so much for sharing your experience and we are glad you enjoyed the service.

Rated 1 out of 5 stars

Don't give them chance to take your money

1. Their basic logic is based on their own so-called top secret indicators/pivot systems. We have no way of knowing what their "top secrets" are, whether these indicators are reliable and valid, and they will never tell. Therefore, you must ask yourself if you are willing to spend money to blindly trust their so-called top secret trading system?

2. Their amazing error rate is the biggest problem. When they are wrong, they change the wave count at will to prove that they are always right. You can't question them, and when you do, you get a bunch of excuses, taunts and get blocked eventually. They spout all sorts of analytical charts and profitability data on social media like twitter and hold themselves up as the "holy grail", but trust me, after following them closely for a while, their actual accuracy rate is far lower than what you'd get if you flipped a coin yourself.

3. Their membership is expensive, but such a high membership fee doesn't allow you to get a commensurate return on your trading. They don't offer many trading opportunities, you can hardly wait for their so-called bluebox trading signals, even if your entries are fortunate enough to get filled in bluebox, the result is most likely to be stopped out, and very few profitable cases become their capital to brag in various social media. Their analysis is always full of ambiguity, the market is always up and down, their analysis vaguely covers all the possibilities, but in the end they are always right, because they will change their bias according to the market at will. What's more, their magical blue box is actually just a 100% extension of the previous wave, and if you know a little bit about the most basic technical analysis and Fibonacci series, you can totally analyze it yourself.

All in all, if they were really as omnipotent as they claim to be, surely they would have been billionaires long ago? Perhaps they should show us their own trading accounts to prove their profitability in the market? Obviously they never will, because their real profitability comes not from trading, but from members' dues.

August 5, 2024
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. We never claim to be 100% right and we mention it on our social media channels as well that no one can be right 100% of the times. We use Elliott wave, market correlation, right side, cycle, sequences and our proprietary pivot system to forecast the market. Proprietary pivot system is the only element which we don't disclose to members.

Market is dynamic and we don't control the market, so when a wave count gets invalidated, we need to update the view and present updated wave count, we can't keep showing a count which has been invalidated.

Our membership rates are very competitive. We offer regular 1 hour updates, 4 hour updates 5 times a week, daily and weekly updates over the weekend, chat room for clients to ask questions, daily and weekly videos, live analysis sessions and live trading room. You get all this for 26 markets for $199.99 per month and for 78 markets, you get all the above features for $399.99 per month which is a lot less than what some of the competitors are charginng.

We hope to see you back as a member

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Rated 1 out of 5 stars

scammers

scammers! scammers! scammers!

June 11, 2024
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you are disappointed with the service. Can you please share more details to see how we can resolve your issue and restore trust in our service?

Rated 1 out of 5 stars

Scammers take money with fake service

Scammers take money with fake service

June 3, 2024
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. We are a genuine service and provide regular updates just as advertised. Can you please share more details to see how we can resolve your issue?

Rated 1 out of 5 stars

ITS A SCAM

My experience with the Elliot Wave Forecast portal was less than satisfactory. During the registration process, I encountered several issues that prevented me from accessing my account. As a result, I created a new account to give the service a try, but it quickly became apparent that it didn't meet my needs.

To my disappointment, I later noticed an unexpected charge for a one-month subscription. This charge was associated with the initial email address I used during registration.

In an effort to resolve these issues, I reached out to the support team through the website's chat function, seeking assistance and requesting a refund. Unfortunately, I was informed that they are not prepared to process a refund at this time.

Overall, my experience with the Elliot Wave Forecast portal was marked by registration difficulties, unexpected charges, and the disappointment of not being granted a refund when I believed it was warranted. I hope for a swift resolution to these issues and improved user experience in the future.

September 1, 2023
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. Please note trial is available only once and terms and conditions about repeat trials are clearly mentioned at the website. Can you please share more details to see how we can resolve your issue?

Rated 1 out of 5 stars

its a SCAM!!

I just unsubscribed from their services. Summarising its a scam. Their trading signals are at negative 23% year to date, which as a customer you can see and they publish the results proudly (now that you are a customer and have paid them, they say that this is what u get). This means on an investment of 100k and after paying them, you have lost 23k of your investment. They keep changing their charts, if yen pair moves up.... yaay its bullish and if it moves down, its bearish..... They can force a ABC or a WXY or a 12345 as per their convenience. I think its one of the worst of services and one should stay away from them. So they talk of Bank of america being bearish, and build their story around it in May. they seem to forget that Apple is bullish and so are 500 other stocks. Hypothesis is baseless. This is a sure service which will ensure that you buy the top and sell the bottom. So safely if you use them and take opposite trades, you will win...

May 1, 2023
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. In 2023, our trading signals generated a return of 69% combined across three groups. Can you please explain how you got to -23%? Our system is based on buying the dips in direction of the trend and we don't like to sell Indices or stocks / ETFs unless they show 5 swings incomplete sequence within the correctiion. Thanks

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Rated 1 out of 5 stars

These people are not honnest

These people are not honnest. I paid 9,99 usd for 14 days, and forgot to cancel the automatic renewal. I have been charge 199 usd, 5 minutes later I CANCELLED the automatic my subcription at Paypal and request a refund. They said no, too late, blablabla. My fault. This is sad, as I suspect it is their business model, i.e. betting on people forgetting to cancel the subscription. Their updates are not done on every session: Asian, London, New York and New York Mid Day. I have currently open a dispute via Paypal as I fell fooled becasue they don't always update the sessions, this is not serious, and not at this price. Not honnest team.

March 31, 2023
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. When someone signs up for 14 day Trial, they have 13 days to cancel the service. How to cancel is clearly explained at FAQs and under terms and conditions. Please note we dont rely on people forgetting to cancel but we need to follow the rules to avoid some people abusing the service. Thank you for your understanding and we hope to see you back as a member.

Rated 1 out of 5 stars

Unreliable and expensive

On March 21st, 2023 they predicted that S&P500 index will fail below 4050. Today is March 30th, 2023 and the S&P 500 not only it didn't fail but making new highs above 4070. I took screenshots and saved their youtube video which made me lose money.

March 30, 2023
Unprompted review
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Reply from Elliott Wave Forecast

Please note not every line drawn on the chart is tradeable. Sometimes corrections don't take place as shown on the chart which is why we never recommended selling it. If you didnt sell S&P500, you would have been ok. We invite you to try the service again and understand how our system works. If you trade only in direction of the right side and use the blue boxes, I am sure you will notice a positive difference in your trading. We look forward to having you back as a member in the future.

Rated 1 out of 5 stars

Very bad service

Very Very Very bad service and unhelpful customer service. looks like gambling or a trap. don't take risks with your money they manipulate customers, especially by codes and trial services. don't waste your money and time.

February 1, 2022
Unprompted review
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Reply from Elliott Wave Forecast

I am sorry you feel this way. Can you please share more details to see how we can resolve your issue? Thank you

Rated 5 out of 5 stars

Outstanding forecasting

Outstanding forecasting. This company has genuinely taken my trading to the next level. 1 key, whatever plan you choose, when starting out, you really need to add on the Live Analysis session for a few months. It's 2 hours a day of coaching and the sessions are recorded if you cannot make the webinar. It's like a professional trading class M-F. Forecasts will change as the market moves but the live sessions teach you their mindset and help bring this all together. I am glad to have found them and am now a funded trader with my prop firm due to EWF's planning.

September 25, 2022
Unprompted review
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