Forex Diamond EA Review
44
Fast Facts
Contact Info and Support
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | - |
| Country Code | - | |
| Country Rank | - | |
| Category Rank | - | |
| Engagement metrics | Visits | 0 |
| Bounce Rate | 0 | |
| Pageviews per Visit | 0 | |
| Avg. Visit Duration | 0 | |
| Estimated monthly visits | July 2025 | 0 |
| August 2025 | 0 | |
| September 2025 | 0 | |
| Traffic sources | Social | - |
| Paid Referrals | - | |
| - | ||
| Referrals | - | |
| Search | - | |
| Direct | - |
About Forex Diamond EA
Forex Diamond EA is an Expert Advisor (automated trading system) distributed via its official website, offering compatibility with MetaTrader 4 and MetaTrader 5 platforms on Windows and macOS. It supports four currency pairs: GBP/USD, EUR/USD, USD/JPY, and USD/CHF. Users can operate using fixed lots or auto money-management risk settings (e.g., 1% risk ≈ 0.1 lot on a $10,000 account), alongside features such as dynamic trading logic, self-updating algorithm, high spread and slippage protection, and calculated stop-loss and take-profit levels. The EA claims compatibility with ECN brokers, including those regulated under NFA (FIFO), and auto-detects four- or five-digit quote formats. A mandatory 30-day money-back guarantee applies only to the initial (main) license; additional licenses are non-refundable.
The United Kingdom’s Financial Conduct Authority (FCA) issued a warning on January 4, 2023, stating that Forex Diamond EA was offering financial services in the UK without authorization. The EA is not listed in ASIC’s registry despite claims of being based in Australia. No regulatory licenses were found in any major jurisdiction.
Who it’s for
- Traders using MetaTrader 4 or MetaTrader 5 platforms who prefer to operate EAs and manage risk manually or via built-in parameters.
- Experienced users aware of the inherent risks of automated trading and willing to test on demo accounts before deploying real funds.
Pros and cons
Pros
- Supports multiple well-known currency pairs with dynamic risk management and protective measures against spread and slippage.
- Offers a 30-day money-back guarantee for the main license feature.
Cons
- No regulation and formal oversight—FCA has issued a public warning, and ASIC has no record of licensing.
- Refund terms are restrictive (only for the first purchase); additional licenses are non-refundable.
