FRZ Software Reviews 22

Using their prop firm master - latest version for a while and so far its doing well on my funded account. It is not a fast EA trading one but looks safe for prop firms.

Many people don’t understand the real purpose of trading products, often searching for a holy grail that does all the work for them.

True trading relies on fundamentals, skilled traders, and the right TOOLS. For over four years, I’ve used FRZ Automater to build and run harness tests for my strategies, and I can confidently say it’s one of the most valuable tools I have as a long-term trader.

I’d be excited to try more of FRZ’s products—great job, guys.

FRZ Indicator Automater is a powerful and easy-to-use tool for converting trading indicators into automated strategies without coding. It offers great flexibility for entries, exits, and risk management, works smoothly on MT4/MT5, and is very stable in live trading. One just need to have a good indicator and you are all set. Highly recommended.

I'm using 4 of their EA...so far great result and service is great!!! Their EA really best in the market with great value...really happy with them since 2022

I bought a lot of their EA's and would not recommend them at all. They have their live accounts tracked but once the accounts blow up - they restart them again! Very unethical

I have used their prop firm master EA and it was able to pass my ftmo challenge successfully. However, it took  around a month and was in drawdown at some point but somehow it got back and reached the target. Customer service was helpful and supported the installation. It is not something aggressive so dont use large lot sizes hoping to the make it too soon.

Whilst the customer service is good, unfortunately after trying virtually all possible combinations and parameters the FRZ Prop Buster HFT (that is free btw) does not trade. It comes up with one of two errors even when I create an brand new demo account matching the EXACT parameters of the video showing you how to use it. I did address it with the dev's however as a free product they do state they will basically not provide any useful actionable help other than watch the video. As a prequel to potentially purchasing another of their bots it has made me somewhat cautious - however this review is purely relating to the PROP BUSTER HFT which is free, not any of the other EA's they have.

I've been using the FRZ Prop Trading Master 2 months and I'm no closer to passing the challenge for using it. I started using it in v1.5 where it would open a lot of trades (2-3 per days on average), basically scalps that would look for around 6 pips profit targets using large lot sizes. When it works its great, I was able to reach around 4% profit on the account until a loss appeared wiping out. The problem with the risk control is that it adds more position as the trade goes against you in the hope that it will turn around, looking for a close at break even. If the trade continues going against you it will eventually close it out for a big loss when it is close to your daily stop loss limit (so losing almost 5%). This cycle will repeat and rinse over and over again. You will get a bunch of wins, then eventually a loss wiping out all the profits. Basically the R:R is skewed on this EA, big losses and small wins.

Fast forward to Dec when v2 was released with an "advanced" support and resistance filter. Now the EA opens 2-3 trades every 2 weeks, roughly. So hardly get any trades, and I haven't seen that it helps filter out losing trades. I've had 5-6 small winners and 1 that the risk management kicked in and was closed at break even, but after going 1-2% in the red.

While it has around a 70% win rate the R:R is less than 1, any trader will see that an EA like this will not win money in the long term. I cannot recommend this EA neither in 1.5 or v2. You'd be better off investing that money on your trading education and learning to trade for yourself.

On top of this the customer support is terrible. The dev responds to your queries like a barking bulldog, like he's annoyed at you. Will often respond to valid questions with "read the manual" even when the manual is missing relevant information.

Another observation to note, if you check the reviews he has on his site for the prop trading master, they are all positive, he probably deletes any negative reviews. And it makes you wonder why the last reviews were in Oct and there's no new reviews.

Note: Forgot to add the dev does not allow you to perform backtesting with his EAs (at least for the prop trader and the NNFX). When I asked about this he said that "backtesting is not needed", that he's already done the testing for you! Just test it live, hahaha! Really helps you gain confidence about using his EAs. He only allows you to backtest in a demo version of the EA which quits after 5 or 6 trades, so it's basically useless.

Response to FRZ: I would be happy to provide evidence of my purchase to TrustPilot if they want to verify that this is an authentic purchase.

I bought the FRZ PROP FIRM, terrible algorithm, I used it on two signatures with the same result. Despite entries, the only thing it does is open more trades if the operation is going well and does not stop until it reaches the daily loss limit and the profits are minimal compared to the risk assumed. I doubt anyone can pass a challenge with this. waste of time and money, not recommended.

I was testing the demo version of indicator automator EA ...since my indicator is a bit complicated , I contacted support on WhatsApp... he wasn't in a good mood and didn't help at all... "buy full version or no support at all " ...

I told him that I'm actually testing the demo before making the purchase ...

HE BLOCKED ME ON WHATSAPP !!! What a low class company

19 Nov 2023 update: Now they are calling me a thief while I have downloaded the free demo version for testing from their own website.

Just received a custom EA from the FRZ Software development team. The turnaround was within a few days. The EA works flawlessly and the pre-sales tech support and advice was excellent. I would highly recommend the FRZ team. Thank you for an outstanding job well done.

They sell paid software and free software however instructions are vague forcing you to go to their support where they charge you for information that should have come with the software. The free software I purchased did not work and other reviews about this company makes you wonder if the website is a scam. Avoid

Response to FRZ reply- You guys can fairly lie, Just do a Google search on your website and you will see that you are not a trusted site more likely scammers selling junk wrapped up as software. I am also dubious about some of the good reviews here on Trustpilot.

first of all I'm not the professional trader or coder. I bought this software(May 18, 2023) little longer go since free version of this indicator Automator not working properly. once I tried to ask the support they kept push me to buy the real version so I did. Then I started with my own indicator many many times but its keep failing blow up the account. So I started with the Super Arrow Indicator (which they showing in their video links) and set it up exactly as per their instructions on their videos, but same results. I've chat to the support team and what's their answer was its something to do with the indicator and they not selling or introducing any indicators (even they have video link with super Arrow indicator). so they cant help on that cause i paid good money to buy this Automator. so now its just a waste of money. who ever buy this Automator please careful. cause i lost money so you don't have to loose. they have typical mind set of not to admit or care about the customer after paid money.
I KNOW WHAT U GONNA SAY TO THIS. SO ILL TELL YOU LIKE THIS. I HAVE USED THE SAME INDICATOR (super arrow indicator) THAT YOU SHOWING IN UR VIDEOS.

I’ve been running the Breakout Scalper bot and do not get values for take profit or stop loss. The trailing stop will work, usually on the second trade entry. A lot of times the second trade comes outside the stop loss range which makes for mix of wins/losses.

show Sourse code screenshot of your free soft - its decompile from different developers. So why you say you developed it ? scam and liar

It works very well, I want to develop it further.

I've tried a lot of EA robots and services and must say these guys are the complete package. Don't expect miracles. Listen to their advice. Follow instructions and you will make steady gains. The NNFX robot is hands down the best, most consistent and stable robot I have used. Just fire and forget. Any issues the team are a great help. Some of the bots are better than the others but they recommend you diversify your portfolio so good sound advice as well. Definitely recommend in a world where there's a lot of false advertising.

It is really a great company. I bought a forex trading bot from them, and I made great profits from it. I advise you to buy and deal from them

Superb service. Quick online support whenever you want.