It has come to my attention that a new forex robot (EA) called Forex Legend is a glaring rip-off. Apparently the trading logic was stolen pure and simple. How do I know this? Well, the EA was leaked and decompiled (no I do not have it so don’t ask!) and somewhere in the code is a rather worrying piece of code that points to the same folks behind fapturbo.
If indeed (I have strong reasons to believe this is so) the fapturbo guys are behind this then shame on them! Taking someone’s code and selling it off as your own is stooping to a shameful low.
I urge those who are behind forex legend to do the right thing and take the product off the market and issue a public apology to both those who purchased their product as well as the original author of the trading logic behind their product.
My suggestion to those of you fortunate enough to have come across this post is to STAY AWAY from forex legend!! Don’t buy it! Do NOT support these folks.
If you want to join a discussion regarding this topic I recommend you join me and other traders at the following Forex Nirvana forum thread:
Wishing you all the best,
4 thoughts on “Forex Legend Is a Scam – Stay Away From It!”
Man, It is bad enough that these robots are not yet truly consistent, but now you have to worry about sheisters at the same time! It aint easy trying to learn this market!!
Hmm you do have a point. Most of these forex robots end up working for only a certain period of time before they need to be updated/optimized for prevailing market conditions. However if one is constrained for time what choice does one have, other than not trade at all.
Dear All the scam-voters!
Talking kindly, it is a great misleading.
How do you think forex robots are developed at present time? The natural way for all the things developed is to evolve on the basis of existant. Disagree? So why does they surprised of Legend got some characteristics similar to other EAs? What about authors of those free EAs left undone for good? Will they take care of people to lose their money using free robots? Do they test their EAs hard enough and arrange a team to provide a 24/5 support?
There is alone explanation for your agressive attacks: Legend is a new brand for many people to get joined, and that is negative for competitors and other ugly people. Try to compare many others and you will see…
Legend costs its price. Don’t believe me. Make sure by yourself – 14 days moneyback with no questions.
First off you gotta read the post more carefully because it’s not that the EA has *similarities* to another EA it is that forex legend IS an exact copy of another EA but simply with a different name.
Your spiel about how the people behind this do a good thing because they provide support is pure bullshit. It does not give them the right to take it simply because they’ll be nice guys and provide you with support.
“There is alone explanation for your aggressive counter-attack”: That YOU are either paid by the authors of Forex Legend or you’re completely clueless as to what I’m “attacking”
I’m leaning more towards the paid spammer/attack dog scenario.
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