Forex Ninja Review

Feb 22, 2021 03:22 PM ET
Forex Ninja Review

Forex Ninja


Expert Advisor


from $39 to $4050 monthly 


Scalp, Grid, and Martingale

Compatible Platforms


Currency Pairs

24 pairs



Recommended Min. Deposit


Recommended Deposit



from 1:500

Trade length

Almost five hours


Forex Ninja presentation

As we can see, the Forex Ninja presentation is still not updated. There’s a mention that 3841 pips were gained in 2019. The main claim informs us that we can “discover the possibilities of auto-trading on Forex.” The system was tested on the past ten-year tick data. The offer starts from as low as $39.

Trading Strategy Explanation

The presentation lacks information about the strategies behind the system. Only trading results allow us to know that the system is a mix of Scalping, Grid, and Martingale strategies. It’s suspicious that the developer covers the risky strategies providing no info.

The list of features and settings very low:

  • Forex Ninja trades automatically for us.

  • It can be used only on the MetaTrader 4 platform.

  • The system requires a VPS service for quick scalping.

  • It needs an ECN account to work with the lowest possible spreads.

Forex Ninja Trading Strategy Explanation

  • There’s a profit calculator that isn’t connected to trading results.

  • We are allowed to customize Capital, Date Range, and the number of currency pairs.

Backtest Data Analysis

The presentation isn’t featured with backtest reports. Of course, it’s a huge disadvantage because we can’t check the claim that the robot was tested on the ten-year tick data.

Live Trading Data Analysis

Trading Results

Myfxbook Account

Real (EUR), IC Markets


March 26, 2020
















Forex Ninja Myfxbook

The robot trades on the real EUR account on IC Markets. It works automatically using technical indicators from the MetaTrader 4 platform. The leverage is 1:500. The account has a verified track record. Trading privileges are verified too. The account was created on March 25, 2020. Since then, the absolute gain has become +175.17%. An average monthly gain is 9.58%. The maximum drawdown is -29.80%.

Forex Ninja drawdown

As we can see, the drawdowns are rare but sky-high.

Forex Ninja advanced statistics

Forex Ninja has closed 1139 deals with 2057.7 pips. An average win is 6.73 pips when an average loss is -21.15 pips. The win-rate is 82% for Longs and 81% for Shorts. An average trade length is almost five hours. The Profit Factor (1.63) is average as for a Grid plus Martingale combo.

Forex Ninja trading results

The robot trades every symbol in the terminal. EUR/AUD is the most profitable - 267.7 pips.

Forex Ninja trading results

It scalps during the Asian and European trading sessions.

Forex Ninja trading results

The robot trades almost all days equally. The less traded day is Monday - 191 deals.

Forex Ninja trading results

The expert advisor runs the account with high risks to the account balance.

Forex Ninja trading results

The robot uses a Grid with aggressive Martingale to close Grids of orders with profits.

Forex Ninja monthly gain

Forex Ninja monthly gain

The robot is profitable in 2021 so far.

The company

Eryk Skorzynski is a robot designer who’s behind Forex Ninja.

Eryk Skorzynski is a robot designer who’s behind Forex Ninja. Alas, we don’t have any profiles of him on the MQL5 forum or on social networks. Most likely, he’s a real person.

Forex Ninja. There’s some advice about VPS services in the user guide.

  • There’s some advice about VPS services in the user guide.

Forex Ninja. We can find a spreadsheet in the user manual as wel

  • We can find a spreadsheet in the user manual as well.

Forex Ninja affiliate program

  • The developer suggests we take part in the affiliate program.

  • For each copy sold, we can expect to get 15% of the commission.


Forex Ninja Pricing

The pricing for the robot starts from $39 monthly for a low-balanced account.

Forex Ninja pricing

For big account balances, the half a year license costs $4050. It’s insanely high pricing. Similar robots cost from $350 to up to $700 for a lifetime license.

Review Summary



  • Real-account trading results provided
  • No strategy explanations provided
  • Flexible pricing
  • No settings explanations provided
  • No money-management advice given
  • No backtest reports provided
  • Risky strategies on the board
  • High pricing
  • No refund policy provided


The Forex Ninja presentation answered almost no questions. We don’t know anything about settings, money-management details, strategy, backtest reports, and so on. The developer hid the fact that these profits were made by trading aggressively with high risks and using risky strategies. The offer is subscription-based and costs much compared to other similar risky robots published on MQL5 or Forex Store sites.

Rating: 4/10

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