Forex Gump Review

Multi-Currency Scalper

9–25 pairs M1–D1 timeframes Candle + news filter

From €199 (1 License)

€399 for 3 accounts Free updates & support MT4 & MT5

4 Risk Settings

High / Middle / Low / Conservative ~7 pts per trade Fully automated

High Risk: 78.5% DD

~13.2% avg monthly (claimed) No public backtests Test on demo first

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 ★★★★½

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 — Review & Overview
▶ Forex Gump — Tutorial / Walkthrough
▶ Forex Gump — Independent Review
▶ Forex Gump — Deep Dive

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.

Standard
€199 — 1 live + 1 demo
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Pro
€399 — 3 live + ∞ demo
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Updates
Free, lifetime
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Support
Included
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Forex Gump vs Forex Fury vs Forex Flex EA

Forex Gump against two other well-known retail EAs.

MetricForex GumpForex FuryForex Flex EA
StrategyMulti-pair scalpingLow-frequencyVirtual-trade
Pairs9–25Few majorsConfigurable
Price€199–€399~$259~$330
Drawdown78.5% (high)Lower (claimed)Varies by config
Public backtestsNone on siteSomeSome
BillingOne-timeOne-timeOne-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?

⚙ MT4/MT5 scalping EA · from €199
High risk · 78.5% drawdown · test on demo
Get Forex Gump →
G
Forex Gump EA
MT4/MT5 multi-pair scalper
⚙ 9–25 pairs · 4 risk modes
€199 / €399 · free updates
⚠ HIGH RISK · 78.5% DRAWDOWN
Get 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.

Get Forex Gump (Read Risks First) →

Frequently Asked Questions

Forex Gump is a real, long-running MT4/MT5 trading robot, not an obvious scam — but it's high-risk. Its own track record shows a 78.5% floating drawdown, there are no independent backtests on the official site, and some users report real losses. Treat performance claims sceptically and test on a demo first.
Two one-time licences: €199 (1 live + 1 demo account) and €399 (up to 3 live + unlimited demo accounts), both with free updates and support. There is no subscription.
A multi-currency scalping strategy across 9–25 pairs on M1–D1 timeframes, taking many small (~7-point) trades, with a candle-pattern entry and a news filter. It offers High, Middle, Low and Conservative risk modes.
The vendor's record shows a very high 78.5% floating drawdown alongside a claimed ~13.2% average monthly profit. That drawdown is the key risk — your account can sit deeply underwater before any recovery.
MetaTrader 4 or 5, a low-spread broker, and ideally a 24/7 forex VPS near your broker so the EA keeps trading reliably. A Conservative setting is strongly recommended for new users.
No. No EA can guarantee profit. Past performance does not predict future results, and given the 78.5% drawdown you can lose money — potentially a large portion of your account.
Both licences include demo accounts so you can test the EA risk-free before going live. Check the vendor's refund terms at the SendOwl checkout before purchasing.
Pros: an established multi-pair scalper with 4 risk modes, a news filter, free updates and a one-time price. Cons: a 78.5% drawdown, no public backtests, mixed reviews with loss reports, and the usual EA requirement for a low-spread broker plus a VPS.
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