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Forex Flex EA Review [2023] – Plus Free Bonuses

forex flex ea review
Forex Flex EA Review 2021
  • Easy To Use?
  • Cost
  • Profitability
  • Time Needed

This is a review for, commonly known as Forex Flex EA. I’ve owned this bot for a number of years and tested various settings. A lot of people credit this as one of the best EA‘s you can buy, whilst others say they lost their money running this bot. I, therefore, want to share my own experiences of this EA and hopefully help you to understand if it’s worth buying or not.

Flex EA is a flexible forex robot utilizing the technology its developers call “virtual trades.” Numerous reviews paint Flex EA in a positive light; the tool does exactly what it says it does, and does it well – as long as you are good at configuring bots. It has been around since 2014, and the developers are still constantly pushing updates and improvements to their products. Several features make it one of the best trading robots available today.  

Where Is Flex EA Headquarters?

Forex Flex is not an investment company and does not have any headquarters. Its developers, however, are based in the United States. 

Since the robot deals with foreign exchange transactions, Forex Flex is compliant with the requirements and restrictions of the National Futures Association (NFA). NFA is a regulatory institution for the United States derivatives industry. It focuses on on-exchange traded futures, OTC derivatives, and off-exchange foreign currency. 

How Does Flex EA Work? 

Flex EA runs on MetaTrader 4 (MT4), an electronic trading platform used to automate foreign exchange speculative trades. Flex EA works by using its developed technology they call “virtual trades.” What this means is that Flex EA will run in the background scanning current market trends, analysis, price movements and monitoring coded scripts. The tool will continuously monitor the conditions of the market and determine the perfect entry point according to the settings, and will execute trades on your behalf. Essentially the robot will do as it is programmed to do so that it both enters and exits trades according to the parameters that are set. 

Flex EA developers continuously update the robot and you can access various versions of the bot, including the latest versions and previous versions, via the members area.

See my post “1000pipBuilder Review”

Here’s a summary video of how the EA works

What Are The Types Of Flex EA Accounts? 

Flex currently has two membership options. If you purchase the regular Flex EA membership worth $999 (currently on sale for $330) for a one-time payment, you gain access to one live account. The Flex EA x2 membership, worth $1500 (currently on sale at $495), will give you access to two live accounts and the correlated hedge trading platform. 

Aside from those, both memberships have the same access to features, such as unlimited demo accounts, all strategies, set files, and full access to private forums. 

There are three types of Flex EA accounts. 

Flex EA Features 

Here are the key features of Flex EA that make it an attractive option as a tool for your trading. 

✅ Easy To Use❌ Data Can Be Slow/Inaccurate
✅ Convenient For Tracking Your Portfolio❌ Recently Acquired By FTX
✅ Free To Use

Is There A Fee To Transact With Flex EA? 

To use the services and features of Forex Flex EA, you only need a one-time payment. The price depends on the membership you want. To open an account, the mentioned minimum amounts must be taken into consideration. 

Aside from that, there are no more fees to pay when using Flex EA. 

This is an interesting discussion about forex flex ea;

Advantages Of Using Flex EA 

There are some disadvantages, as well. For instance, the bot requires some testing and potentially changing the settings according to your own preferences. This is not ideal for beginners, or those looking for a “set and forget” EA. The amount of customization available makes it ideal for more advanced users who want to be able to set the bot to trade in their own style.


If you are not familiar with the concept of forex trading bots and you would like to try one, then Flex EA is a good choice. It will help you trade foreign currency through computations without the disadvantage of human emotion in play. With flexibility, precision, and ease of use in mind, Flex EA is set to help you on your path to becoming a successful forex trader. 

This post contains affiliate links. If you use these links, we may earn a commission.

Forex Brokers

Whenever you run a forex ea such as Flex EA you need to make sure you are using the best forex broker possible. We have a number of reviews of forex brokers including our LQDFX review, FXPrimus review, FXChoice review, Ava trade review, Vantage FX review. Learn more about getting the most out of your broker, plus receive some special bonuses in these articles!

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