Fueledbyforex Reviews 

Garage account EA management lost my 20k propfirm account Nick blamed the war in Ukraine. Wasted money and he gives no refunds back

STAY AWAY!!!

I wish I had believed the negative reviews. I communicated with Nick and he seems like a nice guy but DO NOT invest money with Fueled by Forex. After I invested, day by day, I kept seeing "ZERO LOSSES" while my account balance kept going down. The EA closes profitable trades, but keeps unprofitable trades open... until the account is completely blown. He blamed the war in Ukraine but any solid trading program should account for market swings.
Nick did agree to help out it I wanted to come back and re-invest but there is no way I would let them blow my money again.

I've had an exceptional experience with Fueledbyforex. I am primarily a manual trader, but have several bots running for diversification. The Medallion bot has proven to be quite robust. It does not need constant monitoring or modifications. No set files to update weekly. Handles all news events well. It has been running since September 2021 with an average monthly return on a verified live account of 18.9%. I was able to hit the 100% return mark in February 2022. The service received has been the best I have come across in this industry. The developer personally responds at all times of the day/night with helpful suggestions. Really has exceeded my expectations. I have no affiliation to them.

Once AGAIN the MyFxBook link has been removed. This EA will blow accounts every 2 months. Sure, you might have a great week. You get excited. Nick asks you to post a 5 star review. Then 4-6 weeks later your entire account is gone. The MYFXbook results get deleted, a 'new' or 'improved' EA is put out (usually at higher cost because he has to recoup HIS losses on the backs of others because the EA is not profitable over long term- meaning 8 weeks) and then those same people who posted positive comments will get attacked for posting the truth. Stay away from Fueled by Forex and the scammer Nick Ross.

Going to keep this simple - I've participated and watched Nick's "new and improved" EAs for over a year now. They fail, and then he sucks you in again and again when the "new" EAs start to outperform and get everyone on a high. I get it. Forex is risky, but this is downright gambling. Over the last few months I've watch him blow accounts, simultaneously myfxbook disappears or does not get updated, and he even feels the pain as he stops updating his stupid marketing blasts on telegram. The bad reviews pile on and a week or so he starts over with a fresh batch of uneducated clients...I've come to the conclusion that Nick makes some money off of selling $300 a month service, (which is crazy enough in and of itself as it used to be $149), invests that in his gambling because it's essentially "house money," but he really makes a killing off of his affiliation with the brokers. Do yourself a favor, if you are tempted, eat a few hundred bucks and demo for at least 90 days (I bet you that you won't make it past that without blowing your account), and if you go live, do it with a separate broker so he's not making more money off of you than he already is. Make sure you pull your money consistently, and if you're lucky, you'll eventually make up your investment. Whether or not he is a scam artist or a good guy, the definition of insanity is doing the same thing over and over expecting a different result. So I think he is just delusional and needs to move on from his self proclaimed, glorified EAs.

Supposedly installed a 50% DD protection and still wiped my account. Bad thing is the admin won't even message me back about what happened. Horrible customer service. If you are looking to screwed and not even get a call the next day, this is for you.

Nick continues to be disingenuous in promoting his software. 2.5 months ago he blew everyone's accounts and created a new "Elite" software. It was doing really well for awhile and then it blew everyone's accounts again. His own MyFXBook link showed he had to make $28,000 worth of deposits that day (he's since deleted the link). Now he's promoting it again with ANOTHER new software/algorithm change. He continues to delete his MyFXBook links to hide the blown accounts. To add insult to injury, he posted gains on Instagram and when I commented on it, he deleted my comment and blocked me. Watch out for this guy.

If I could rate this piece of crap software a zero I most definitely would. I watched yesterday as countless peoples accounts were blown left right and centre due to a very big red news day that saw big moves on EURUSD.

The EA was marketed that it had a news filter so everyone thought they were safe. My goodness they weren't safe with the EA opening up crazy lot sizes as the market went against them.

The creator was advising people on Facebook to add more funds to save their accounts. Absolutely disgraceful behaviour.

Since this had happened the creator of the software has blown his own account and removed the myfxbook associated with it.

This guy is as dishonest as they come and is probably now rebranding to capture his next set of victims. I'm lucky I was only testing on demo but I feel sorry for the people who were running 5 X $5,000 accounts and they people who took out loans on the promise of getting rich.

Karma is a b*tch. Don't forget that Mr FBF.

Fueledbyforex: Formerly bluepipsofficial (before Nick rebranded after losing his followers in that service tens of thousands - go ahead, look up the reviews on them too)

This review is about my genuine experience as an FBF customer (now former as of yesterday 17/06/21) and my exposure to their results and conversations with various customers in their private facebook channel.

myfxbook has now been taken offline to disguise $41k of losses. (only hours ago in the review below, he was pointing people there.) Set up instructions show three capital "zones" for safe trading, with $10k @ 0.01 safest. No martingale strategy is safe if you don't have the capital to support it, but boy does Nick pump the marketing hard. There is no smart news filter - it just keeps stacking against the trend (I saw lot size 18+!)

Nick boasts about the EA being 7 years in the making, yet he was scrambling around this morning trying to "tech it out" a bit, despite advising hundreds of people to continue to add capital. He's ruined so many peoples lives with his promise of false dreams. I saw people taking out loans because they put their trust in this man.

His total lack of empathy and disregard for your average forex investor, who lets face it, is his target audience for his $299 per month EA, all contributes towards a miserable fueled by forex trading experience.

A short search on Telegram, will help you discover several anti-FBF groups, where fellow FBF'ers are discussing their losses collectively accumulating to over hundreds of thousands.

During the worst of the drawdown, he continued to encourage you to pump more capital in, despite market conditions being unfavourable - and cutting losses early, people then lost even more money. Whilst Nick continued to earn commission for the capital people were depositing.

A quick look into the code reveals that its actually an old piece of EA called Jum Stoch a.k.a Mario Doo a.k.a TSR 2018. Do your research please.

A truly inexcusable service headed by an owner who lacks empathy. Probably why he manages to sleep at night.

Edit:

Hi Nick

I look forward to hearing from your attorney. I’ll happily provide all evidence backing up my claim. Equally supported by Bespoke Coding Ltd in the UK whom you paid to make modifications to the code you pretend to have built yourself.

The only legitimate none paid for reviews under this brand are those which are reflected as one star. People can clearly see through your replies.

If I were you, I’d have your attorneys read over your disclaimer regarding not offering financial advice. Continuing to heavily advise people to pump tens of thousands into their account to prevent your flawed Jum code from blowing their their cash constitutes as not only financial advice but misinformation and malpractice. A quick search in recent European court cases will reflect this kind of advice which can be held accountable. :)

Since my original review, our community of victims has only grown tenfold. Prior to your latest con, you were instead advising that blowing your account was part of the strategy. Dear me, you truly are clueless.

Good riddance. Your dwindling members are a testament to your character

Further to my updated review, the latest Medallion EA being pushed by the one-man-band team of Nick, is already blowing accounts left right and centre.

I think one word which summarises the facts against this man is Abhorrent.

FBF by far the best software, i started the elite on May 2 and have gained a little over 4 thousand dollars in a short time. I highly recommend Nick he knows what he is doing,very honest and will explain the risk to you. You have absolutely nothing to loose. I am working on adding accounts.

I trade a 250K USD prop account which has 10:1 leverage. What lot size trades should I use with this EA?

Amazing software. Worth every penny. Find a reputable forex broker that isnt on the red list by the CFTC and allow this awesome EA do its magic. I am averaging 35% monthly returns by its scalping algorythms and reversion of the mean trades. Nick the founder and creative is a real person and not afraid to hide from transparency. Such a cool bot that actually works! I trade forex as a hobby but the returns are strarting to be life changing

My insight as being part of the Elite Forex Program by Nick Ross is that it is by far the best Forex Service provider I have ever seen. I would have given it 6 stars if I could. I want to differentiate between the other Forex service that Nick provided before the Elite which is the Legacy. Now that EA was a high risk- high reward so people were either extremely happy or extremely angry depending on what time you came in. It was designed to invest small amounts and if it hits it will gets massive amount of profit in short time. But if it did not then you can lose it (believe it or not it had more winning months than losing, Feb2021 was a losing month). You have to take the profits out once you made a good amount and then play with the "House's" money. So any negative review you see came potentially from that EA. To better understand the Legacy go check it out the website and see why people don't really understand how it works and get mad when something does not go there way.
Nick understood this and then created this new Elite version which is a very consistent long term investment to see your money grow. This has been back tested by Nick himself for 5 years and his main goal was to try and break the system and he could not do it. So from a back testing point of view it is a very solid system. It also is in Forward testing as Nick has the my FX book all for everyone to verify and also I have been using the system and it is exactly what is advertised. Now this is totally a hands free system where the algorithm or Expert advisor places the trades according to your balance (the EA adjusts the lot size) so it is an EA designed for not blowing your account while still making healthy profits. It is strongly advised that you start with 5000 dollars (where the lot size is 0.01,very safe) because it is very rare that there will be a drawdown that severe that will blow the account unless it is something which happens once in a blue moon like Brexit. But even then be prepared to add funds because remember the market will never go one direction forever. Now for example it can work with a balance below 5000 but you are taking more chances the lower the balance and should not get angry if your account blows up (you did not heed the minimum balance warning). If there are some people that will give negative reviews for the Elite EA always ask the first question in your mind, how much initial balance did those people put in?
This system works on a very smart martingale system and there will be drawdown (it is part of how the EA makes its money). Anything can happen in Forex but we look at probability (how high of a chance will there be success and how low a chance there will be failure) and with this system if started with a proper balance there is a extremely low chance there will be a margin call. Nick recently added a term for this EA of being not only a Forex Service but being an investment/planning service and I totally agree with that. I also want to give a shout out to Mike Cain who introduced me to this great system and Nick as well. I honestly think if you are not in this system you are missing out. I have never wrote a review for any forex system but I made an exception for this one.

This EA is amazing! Very consistent profits, every single day. Get yourself a little account farm and you’ll be able to retire within a year. Nick very good at what he does, he cracked the code with his new EA. Highly recommended if you want to become financially free!

Started out three months ago with close to $4000 as a deposit and now I’m a week or days away from reaching &10k! There’s not a reason why no one would not want to join this EA. It’s the way to go

This is my 2nd review of FueledByForex and I've been blown away by the service. The new EliteEA is really top notch. I've had no losing days in the 6 weeks I've been using it and my account growth has been about 5% per week. This is, hands down, the most reliable EA I've used. And Nick, who runs FBF, is also great. He's responsive to questions and checks in to make sure everything is working well. 10/10 would recommend this to anybody.

Started with 800(definitely don’t recommend) and have made 5K in 2 months, I added 1K for safety one time when drawdown reached 50% but other than that it’s been great and I highly recommend…

Great service! Nick takes care of all your questions and needs. The elite EA program is an animal! Haven’t taken a single loss since it’s been available to the public. Not many people can say that.

If you want to make some side income and have some capital to invest, I think working with Nick is a good option. He’s taking care of his clients really good.

If you have at least $5K to start with, his EA will definitely print out some money fir you:). $5K is more like a safe zone. You can start with less but it will be more risky.

I think if you’re watching the results and want to find out more, I would say to just start it and try it with your demo account and see how his EA works. Give him a chance to print out some money for you!!!

I love the new Elite Ea it’s phenomenal, I started my live account March 12 at $5000 it’s April 20th and my account is currently at $8286 ! My account is safe which is my number one concern I’m in it for the long run and this ea from nick is more then capable.