Forex Sugar Review

Jun 21, 2020 02:31 PM ET
Forex Sugar Review

Forex Sugar is a relatively new Expert Advisor which labels itself as a “revolution” in the automated trading market. Forex Sugar makes use of a few technical indicators and a news trading strategy to deliver profitable results. It is developed by Brian Jones, a developer that does not have a documented past in the Expert advisor developer world and no background information whatsoever. This can seem odd to some potential buyers who might prefer to purchase EAs from reliable or reputable sources. 

The website is amateurishly designed and includes a FAQ and an about page. It provides us a presentation about the advantages of using automated trading along with information related to the trading strategy in use. The EA is available in 2 packages. The one priced $299 provides a single real account while the other, priced at $799 comes with 5 real accounts. 

Forex Sugar EA


Fully-automated EA


$299 and $799


News Avoidance

Compatible Platforms


Currency Pairs




Recommended Min. Deposit


Recommended Deposit



from 1:100


Trading Strategy Explained

According to the information provided on the website, the trading strategy employed by Forex Sugar consists of a combination of baseline news trading along with technical indicators. The robot uses signals received from indicators to open positions in stable market conditions only. It is designed to utilise the news to operate in calmer markets, avoiding any sort of volatility. During low impact, medium impact, or high impact news, the EA pauses itself for a certain duration. There is also a function that allows the EA to trade through all news, but this is not recommended. 

Backtest Data Analysis

Back-tests can provide the confirmation a potential buyer needs to ensure that the strategy works properly. It is conducted using historical data, which will evaluate the performance of the trading strategy implanted by the EA in question. In this case, however, Forex sugar does not provide any back-test results, making it difficult for us to judge the effectiveness of the trading strategy. 

Live Trading Data Analysis

In the current market, EAs are required to upload live trading statistics to show potential buyers that they’re indeed serious with their profitability claims. These accounts are usually hosted on authoritative websites such as myfxbook and fxblue. In this case, Forex Sugar provides us with an account hosted on fxblue.

Trading Results

Myfxbook Account

Real (USD)


April, 30th, 2020
















Forex Sugar chart

As seen above, the account is relatively new and shows a gain of 151.58%. The other statistics look satisfactory, even though fxblue is notorious for showing incorrect drawdown rates, making it hard to judge. However, the account is pretty new and is running for only 27 days. A proper verdict can be given after it has run for at least 3 months. 

While we appreciate the fact that Forex Sugar has provided us with live trading statistics, it would’ve been more preferable if the accounts were hosted on 

Review Summary



  • Good customer support 

  • No back-test provided

  • Unlimited demo accounts

  • Developer information is not revealed

  • Steep Prices



Forex Sugar has the potential to be a good EA in the future. However, since its relatively very new, we cannot really evaluate the quality of this EA presently. Forex Sugar certainly is committed to providing a degree of transparency, as evidenced by the trading statistics it has provided. However, with many reputed and proven alternatives in the market, many potential buyers may avoid Forex Sugar because of its price and lack of reliability. 


Rating: 6/10


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