While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Conclusion: The EA is works only in "Pingpong Strategy" and becareful all Penny EA got no stoploss and your account will be blown if market is volatile. Therefore, Penny team all is liar, talk and do... See more

Rated 1 out of 5 stars

I started using the EA two days back. It can create a huge DD and there is no way you can reduce risk as there are no risk settings or any where you can choose the lot size. It uses some kind of gri... See more

Rated 5 out of 5 stars

I've been with Penny Robot since started, awesome EA, their have the best dedicate person working behind the system. Giving best result to their customer. Great to join you Penny Robot! Looking fwd... See more

Rated 1 out of 5 stars

The author ignores my question, I asked him penny ea to use Martingale's strategy, which is very dangerous! What conditions are triggered by STOPLOSS? The author does not answer this question! The com... See more

Company replied

Company details

  1. Finance Broker

Information provided by various external sources

Penny Robot is the world's best forex EA and it's Free. Penny Robot only charging $4.99 for your MT4 to register in its database otherwise it's completely free. When you are losing daily hundreds of $$$ $4.99 is nothing to get started an Auto Trading with Advanced EA.


Contact info

You should know

2.0

Poor

TrustScore 2 out of 5

32 reviews

5-star
4-star
3-star
2-star
1-star

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Advertisement
Rated 1 out of 5 stars

Total scam

Total scam. Lost thousands of dollars, excuse after excuse. People are still buying it daily and expecting a different outcome. Please please please do not give these people your money.

December 5, 2019
Unprompted review
Advertisement
Rated 1 out of 5 stars

scam

scam. bought btc scalper who give me just few eur per day just the first 2 week than nothing more. dont lost your money with pennyrobot !!!

November 27, 2019
Unprompted review
Rated 1 out of 5 stars

SCAMMMMMMMMMMMMMMMMMMMMMMMMMM

SCAMMMMMMMMMMMMMMMMMMMMMMMMMM
SCAMMMMMMMMMMMMMMMMMMMMMMMMMM
BIG SCAM COMPANY THEY SCAMMED WITH 5K AND BANNED ME FROM CHAT ROOM DONT EVER DEAL WITH THIS SCAMM COMPANY .
ALSO I LOST WITH THEIR EXTREM ROBOT 3K IN ONE DAY .
WITH THEIR GREED EA I LOST 700$ IN ONE DAY .
PLEASE STAY AWAY FROM THIS COMPANY
SCAMMMMMMMMMMMMMMMMMMMMM
SCAMMMMMMMMMMMMMMMMMMMMM

November 21, 2019
Unprompted review
Rated 1 out of 5 stars

Penny Team is SCAMMER

Conclusion: The EA is works only in "Pingpong Strategy" and becareful all Penny EA got no stoploss and your account will be blown if market is volatile. Therefore, Penny team all is liar, talk and do is totally different not honest to customer especially the MONEY. They approve comment only in positive and ignore and delete the bad one. Please stay away from them!

November 5, 2019
Unprompted review
Advertisement
Rated 5 out of 5 stars

real Best EA and Best support

I run penny robot for a month and I am very satisfied. Performance of the Ea is great. I also bought Greed-EA after testing with Penny robot and it gives me 10% profit in just one day running.

The support is great too.

One of the best Ea in the market.

September 28, 2019
Unprompted review
Rated 5 out of 5 stars

The GENIUS PENNY ROBOT

Been trading for 3 days using Basic EA low DD version.Started with $250 now $358.I'm up 43% .Drawdown 30%.I'll update next weekend..see how its going.Many Thanks!

Mands

September 28, 2019
Unprompted review
Rated 1 out of 5 stars

After best EA, now pure scam!

I have to update.
After i gave 5 stars, i now give only 1 star.
No support, no answer on any eMails. It seems they took the money of the people and go on the run!
Pure Scam! My advice: Go with Forex Fury and stay save.

September 19, 2019
Unprompted review
Advertisement
Rated 5 out of 5 stars

Great EA

Using almost 2 months.. And results is great.. Forex is high risk... If you want to play the game with high risk especially EA, you need to know how much u willing to loss.. Nothing wrong with Bot, but our risk management is not correct.
Recommended EA and 5 star from me 👍👍

September 19, 2019
Unprompted review
Rated 1 out of 5 stars

Penny EA is high risk

I started using the EA two days back. It can create a huge DD and there is no way you can reduce risk as there are no risk settings or any where you can choose the lot size. It uses some kind of grid strategy and trades counter-trend apparently as it keeps adding more positions when price is going against it. Best would be to run it in a demo account and copy to a real account wit reduced lot size multiplier for better control.

Someone I know blew his account using it on its first day within a few hours.

August 27, 2019
Unprompted review
Rated 3 out of 5 stars

HI Team

HI Team

can we please have a look at my account-i have had the ea for a week now and no trades have been executed on my account. I checked with my broker and the pairs being traded are pairs that the broker does support. Please can this be looked into

August 27, 2019
Unprompted review
Advertisement
Rated 1 out of 5 stars

The author ignores my question

The author ignores my question, I asked him penny ea to use Martingale's strategy, which is very dangerous! What conditions are triggered by STOPLOSS? The author does not answer this question! The comments here are all false.

August 16, 2019
Unprompted review
Pennyrobot logo

Reply from Pennyrobot

Hello sir, Penny Robt have hidden stop loss but If you want to add your own Stop Loss then you can always add manually on your broker, We have not added that on our-end. Please use manual stop loss and feel free to add it as per your own convenience.

Rated 5 out of 5 stars

Excellent EA

Excellent EA, It make huge profit on small deposit/balance in few day.
Seller fast and good support.
I recommend!!

August 16, 2019
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look