Forex Broker

RatingFX: independent rating of Forex brokers

Million Dollar Pips review
Million Dollar Pips

Million Dollar Pips

General Properties
Currency Pair: EUR/USD
Timeframe: M1 
Trading platform: MetaTrader 4
Work time: 24 hours 
Work with decimal point figure: 5
Forex advisor Million Dollar Pips is in action around the clock, however, trades are opened in very short time periods. Million Dollar Pips advisor opens a few orders and closes sharply fixing a small number of points. One of Million Dollar Pips advantage is that the Advisor sets Stop-loss and Take-profit levels during a high market dynamics. With Million Dollar Pips advisor it is recommended to trade with EUR/USD pair.
Worth paying attention that testing of this advisor strategy is carried out only by M1 ticks of EUR/USD pair.
There is an opinion that similar Forex-Advisors bring profit only in MetaTrader4, as ticks are synthesized inside of M1 bar in MT. In such a way, before the bar is shaped the tester looks forward, aside from that, on a real account ticks are rectilinear between extreme bar points and they never move as in MT tester.
By Forex traders responses this advisor performance in the demo monitoring is quite tempting. But a disadvantage of this advisor is that on a live account huge drawdowns are possible. The thing is that Million Dollar Pips Forex advisor opens and closes a great number of trades for a few seconds that may impact the live trading account negatively while trading. 

Million Dollar Pips 8/10 (votes 78)
Author of Million Dollar Pips: Giovin | Date 2019-03-13
Million Dollar Pips worked perfectly with my broker's platform and trading conditions.I have heard that this bot can still profit even when a broker has a high spread. But since my broker's spread averages to 0.8 pip, I think the profit rate is a lot higher. I am using the default setting of the bot and everything goes on smoothly. There are some instances when it earns a ridiculous amount in just one trade ($169 during one time). I don't think I'll ever earn that much in one trade on my own.
Author of Million Dollar Pips: Shilar | Date 2019-03-07
I am honestly still discerning if Million Dollar Pips is worth buying. It has its best days wherein it consecutively makes winning trades. But it only happens around once a week. For the other days, it mostly incurs losses to which often equates the amount it earned. If it goes on like this, I don't think using this bot no longer makes sense. So I will still be observing it for a few more weeks. But as of now, I am not impressed.
Author of Million Dollar Pips: Rocco | Date 2019-02-28
Million Dollar Pips was recommended by my colleague who also trades. I am only using it for a week but I am already impressed. I thought it would take a long time for me to see the result but lo and behold, this EA is so great that it was able to earn $62 in just a week. That is double my usual weekly profit. I am really glad that it was compatible with the platform I'm using and that it runs smoothly. I hope to see more of its performance and I should give my colleague a treat for recommending this, don't you think?
Author of Million Dollar Pips: Amor | Date 2019-02-22
Million Dollar Pips worked for me but not for my friend. In my experience, I saw good results after two months. My profit rate has gone up by 7% and I think that's good development. I also observed that the bot rarely loses its deals. Because of that, I recommended it to my friend. She bought it and set the same parameters as mine. However, it didn't perform as good as it did for me. We don't understand why and we are still currently waiting for the company to get back to us.
Author of Million Dollar Pips: Kazumi | Date 2019-02-15
I am looking forward to the coming years that I will be with Million Dollar Pips. I bought it two months ago and I am surprisingly seeing some significant results now. Their claims are extreme so I still had doubts and expected the bot to show concrete results after at least half a year. But in the span of two months, it already earned $194.21. There is no way I could earn that much if I traded alone. So I'm really excited for more positive results.
Author of Million Dollar Pips: Marlyn | Date 2019-02-11
I bought Million Dollar Pips early in 2018 because there are many good reviews about it. Although I haven't really seen anyone say that this bot made them a millionaire, many have said that it greatly helped them to double their earning. However, when I tried it on my desktop, the whole platform crashed and my computer froze for a while. It didn't seem to be compatible with my OS so I just decided to return it. I struggled too much before getting a refund because they kept asking me why I wanted to return it. Almost as if, they didn't want to give me back my payment. It took weeks before we settle. But at least, I still got the refund.
Author of Million Dollar Pips: Pakiz | Date 2019-02-04
Million Dollar Pips is really just so great. It's already impressive on its own but when combined with an excellent broker as well, then everything is just perfect. Let me tell you the condition in my broker, it has very tight spread, low slippage, and stable platform. All these aspects helped the bot reach its full potential. But don't worry because even if this is not the case on your broker, the bot will still perform very well. My friend is with a different broker and she's having troubles with the platform but the bot still does its job right.
Author of Million Dollar Pips: Lolly | Date 2019-01-29
Don't get deceived by the name of this bot. Million Dollar Pips will definitely not give you a million dollars in just a year like it claims. There is no way that's possible. Let me tell you why. I started using it two months ago. Yes, it is profiting but only a little amount. For the past two months, it only earned me $59. How do you think it will even earn a million? It might not even reach $1000 after a year. Don't waste your money here. It's probably better if you just rely on your own trading skills.
Author of Million Dollar Pips: Wurtzel | Date 2019-01-22
Million Dollar Pips is a life-saver; at least for me. I decided to use this EA because I've been losing hope in my trades. Even though I work hard to study the Forex market, there is still something that goes wrong that makes me lose in almost every trade. Before I drain my account, I bought this EA for $100. It was totally worth it because it redeemed all the losses I had. It has been six months now and it's making significant profits. I can't thank it enough for what it did and is doing for me.
Author of Million Dollar Pips: Hashim | Date 2019-01-16
I didn't like the performance of Million Dollar Pips. It has been falsely advertising too much claiming that it could make traders a millionaire. The truth is this bot will simply make some trades but it won't give much profit. It could just give about 2-3 pips of winnings. What's worse is that it doesn't even win on a regular basis. I'm already lucky if it wins 2-3 pips. Most of the time, it loses by 10 pips per trade. I received nothing but headache from this bot.
1 2 3 4 5 6 7 .. 12 

Add comment
Brokers Reviews

30% bonus for EACH deposit
Leverage 1:1000

Forex charts and quotes

Special offers
Start trading with
no risks and investments
With new Start-Up Bonus of $1000
Get bonus
from InstaForex
on every deposit
Earn up to
for inviting friends to get StartUp Bonus from InstaForex
No investments required!