Forex Gump is an MT4 and MT5 expert advisor, not a broker. It scalps 9 to 25 currency pairs on M1 to D1 timeframes using candle and news filters, with four risk settings. A single licence costs 199 euros and three accounts 399. Caution: it shows a 78.5 percent drawdown and publishes no independent backtests, so test on demo first.
Multi-Currency Scalper
From €199 (1 License)
4 Risk Settings
High Risk: 78.5% DD
Forex Gump at a Glance — EA Profile & Stats
Reputation
Reviews are genuinely mixed: some rate it ~4.6/5, others report significant losses (one account reportedly lost $3,000 in three months), and there are no independent backtests on the official site.
Top Forex Gump Alternatives
A funded prop account
Rather than risk your own capital on an EA, consider trading a prop-firm challenge (FTMO, etc.) where the firm bears the downside — often a better risk/reward for serious traders.
Strategy & Settings
Filters
A candle-pattern entry plus a built-in news filter aim to avoid trading through high-impact news, when scalping strategies are most vulnerable.
Performance & Risk
No independent backtests
There are no published, independently-verified backtests on the official site, so treat all performance claims with caution and test on a demo account first.
Pricing & Licences
One-time, not subscription
Both licences are one-off purchases (sold via SendOwl), so there’s no recurring fee — but remember the real cost is the trading risk, not just the licence.
Requirements & Risk Warning
Read before you buy
Forex Gump needs MetaTrader 4/5, a low-spread broker and ideally a 24/7 VPS near your broker for reliable scalping. Most importantly: automated EAs do not guarantee profit, past performance does not predict future results, and you can lose money — potentially a lot, given the 78.5% drawdown.
Only ever run it on a demo first, then with money you can afford to lose. This is not financial advice.
Video Guides & Reviews
Watch Before You Buy
Forex Gump Pros and Cons
What we liked
- Real, long-running EA (since ~2019) with active updates
- Multi-currency (9–25 pairs) with 4 selectable risk modes
- Built-in news + candle filter to skip risky conditions
- One-time price (€199 / €399) — no subscription
- Free updates & support; demo accounts included
- Works on MT4/MT5 with most brokers
What to watch
- 78.5% floating drawdown — extreme account risk
- No independent backtests published on the official site
- Mixed reviews; reports of real losses (e.g. −$3,000 in 3 months)
- Scalping needs a low-spread broker and a 24/7 VPS
- Past performance does not predict future results
Forex Gump Pricing & Licences
Two one-time licences (sold via SendOwl), both with free updates and support. Whichever you pick, run it on a demo account first and only risk capital you can afford to lose.
Forex Gump vs Forex Fury vs Forex Flex EA
Forex Gump against two other well-known retail EAs.
| Metric | Forex Gump | Forex Fury | Forex Flex EA |
|---|---|---|---|
| Strategy | Multi-pair scalping | Low-frequency | Virtual-trade |
| Pairs | 9–25 | Few majors | Configurable |
| Price | €199–€399 | ~$259 | ~$330 |
| Drawdown | 78.5% (high) | Lower (claimed) | Varies by config |
| Public backtests | None on site | Some | Some |
| Billing | One-time | One-time | One-time |
All forex EAs carry real risk of loss; figures are vendor or third-party claims and change. None of this is financial advice — verify and test on demo before risking capital.
Why Choose Forex Gump?
Why Choose (or Avoid) Forex Gump?
Forex Gump is a real, long-running MT4/MT5 scalping robot with genuine appeal for hands-off traders: it trades 9–25 pairs automatically, offers four selectable risk modes and a news filter, includes free updates and support, and is a one-time purchase (€199 or €399) rather than a subscription. If you want an automated multi-pair scalper and you understand the risks, it’s a functional, established option.
The honest trade-off — read this carefully: the vendor’s own track record shows a 78.5% floating drawdown, there are no independently-verified backtests on the official site, and real users have reported meaningful losses. Automated EAs do not guarantee profits, and a drawdown that deep will wipe out many accounts before any recovery. If you proceed, run it on a demo first, use the Conservative setting, choose a low-spread broker with a 24/7 VPS, and only ever risk money you can afford to lose. For many traders, a funded prop-firm challenge — where the firm carries the downside — is a smarter way to trade with leverage. This is a review, not financial advice.
Compare further: on the two suggestions above, our ForexVPS review and FXVM review cover VPS hosting for running an EA around the clock, and our FTUK review and 5ers review cover funded prop-firm challenges.
Get Forex Gump (Read Risks First) →If you want to test an EA before risking real money, see our ForexTester review.
Frequently Asked Questions