Expert Advisor Review

GPS Forex Robot Review MT4

Not Recommended MT4 EURUSD Listed at $149 Verified 1 Oct 2026

The Bottom Line

The Robotic Trader's verdict: GPS Forex Robot is Not Recommended. Only one of the six accounts its sales page presents as proof can be viewed publicly, that account shows an 89.97% maximum drawdown, and every loss on it was followed by a recovery trade seven times the size.

The evidence for GPS Forex Robot is mostly evidence we cannot see. Its sales page presents six live accounts, from a $250 account to a $1,000,000 one, and says "all the accounts are fully verified" by Myfxbook. When we checked on 1 October 2026, the vendor's Myfxbook profile showed one account. Three of his other GPS accounts have been made private by the owner, and the $1,000,000 account returns "The system wasn't found".

The one public account is real money, at FX Choice, and it made +396.65% on a single $250 deposit between December 2017 and December 2023, when it stopped trading. It also went through an 89.97% maximum drawdown. Myfxbook's chart puts the low on 28 October 2021, when one recovery trade had been open for three weeks and equity had fallen to about a tenth of the balance. The sales page says "Only A 13% Drawdown".

The way it trades explains both numbers. It buys EURUSD, wins small and wins often: 91% of its trades, averaging 5.48 pips. When a trade goes about 92 pips against it, it closes the loss and immediately opens a trade in the other direction at exactly seven times the lot size, aiming to win the loss back in 12 to 15 pips. It did that 20 times, and all 20 worked. The sales page says the robot "does not involve any tricks like martingale"; increasing the size after a loss to recover it is the principle martingale systems use, applied here once per loss.

What counts in its favour: the public account is genuine, funded once and never topped up, and it ended at its highest balance. But Myfxbook shows its track record as not verified against broker data, the vendor's website did not load securely from any of 59 test locations when we checked, and the record that would support the sales claims is private. A seven-times recovery trade that has always worked so far is still a seven-times position. What would change our verdict is set out in the disclosures below.

Methodology
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Evaluation Methodology

This review was conducted under our Track 1 framework, which applies where an Expert Advisor has a live record monitored by a third party. GPS Forex Robot has one public live account, on Myfxbook, and it matches the $250 FX Choice account the sales page describes. Myfxbook shows its track record as not verified against broker data, so we treat its figures as the vendor's published record rather than a broker-verified one.

We read all 411 trades in the account's history and checked that they add up to Myfxbook's own totals. They do, to the cent. We then looked for the other five accounts the sales page presents, read the vendor's sales and affiliate pages, checked whether the vendor's website loads, and read ForexPeaceArmy, where the product is rated 3.244 from 117 reviews.

The criteria that decide this review are in our published methodology: a drawdown materially larger than the marketing implies is an automatic fail, a near-wipeout is disqualifying, and a high win rate with a poor payoff ratio is a warning rather than a strength. This is also the first review measured against the open-trade duration rule we added to the methodology on 1 October 2026.

Note: live data in this review is a dated snapshot read from public, independently hosted Myfxbook and ForexPeaceArmy pages on 1 October 2026, not a live feed. The account stopped trading on 14 December 2023, so its figures will not change. We did not buy or run the Expert Advisor.

The Accounts Behind the Claims

The sales page presents six live accounts as proof. One can be viewed. All figures below were recorded by us on 1 October 2026.

The only public account

GPS Robot FxChoice 250

Recorded: 1 October 2026 (last updated by Myfxbook 20 March 2024)
411
Total Trades
91%
Win Rate (376 of 411)
1.79
Profit Factor
5.48 / −52.85
Average Win / Loss (pips)
+396.65%
Absolute Gain
89.97%
Maximum Drawdown
Account typeReal, USD — FX Choice, 1:200, MT4
VerificationTrack record shows as not verified; trading privileges verified (Myfxbook, read 1 October 2026)
Record$250 deposited 29 September 2017; trades from 11 December 2017 to 14 December 2023; none since
FundingOne $250 deposit, no withdrawals, so the gain figure is not distorted by cash flows
Balance / equity$1,241.63 / $1,241.63, its highest balance; no open trades
Pairs tradedEURUSD only
Average dollar win / loss$5.99 / −$36.02
Best / worst trade+$109.98 (5 November 2021) / −$100.98 (31 May 2022)
Trading activity201 trades in 2018, 106 in 2019, then 32, 25 and 23 a year, and 11 in 2023; about 1.3 trades a week overall
Average holding time12 hours 31 minutes (Myfxbook)
Longest winning / losing run38 / 2 trades (our count from the trade history, by dollar result; six breakeven trades not counted)
Other measuresMonthly gain 2.14%, Sharpe ratio 0.15 (Myfxbook)
View on Myfxbook →
Presented on the sales page

The other five accounts

Checked: 1 October 2026
$1,000,000 accountDeposited 1 July 2014, "Current More Than $3,000,000". Its Myfxbook address returns "The system wasn't found"
$100,000 accountDeposited 21 May 2012, "Current Balance More Than $600,000". Its Myfxbook discussion page: "The user has made his system private."
$50,000 accountDeposited 26 March 2012, "More Than $150,000". Not found on the vendor's public profile
Two further accounts$4,750 deposited November 2009 and $8,000 deposited April 2010, described as above $900,000 and $1,700,000 respectively. Not found on the vendor's public profile
Other private accountsGPS Forex Robot FxChoice and GPS Forex Robot FXOpen also read "The user has made his system private."
Earlier $250 accountOpened February 2010 at IamFX; the sales page says that broker closed in April 2017 and the $250 FX Choice account replaced it
What it meansThe sales page says "all the accounts are fully verified". We could check one, and it shows as not verified. We place no weight on figures for accounts we cannot see.
View the vendor's Myfxbook profile →

The October 2021 Drawdown

The 89.97% maximum drawdown happened during one recovery trade. The trades are from the account's history; the date of the low is from Myfxbook's growth chart.

5–6 October 2021A 0.09-lot EURUSD buy opened at 1.16226 and closed at 1.15309: −91.7 pips, −$82.82
6 October 2021One minute later, a 0.63-lot sell opened at 1.15307, seven times the size
28 October 2021Equity at its lowest: the maximum drawdown Myfxbook records for the account, 89.97%
5 November 2021The sell closed at 1.15174: +13.3 pips, +$109.98, the account's best trade, after 30 days open
What it showsEquity fell to about a tenth of the balance while one position was held for a month, and the account recovered only because the price came back. Recovering from 89.97% would take a gain of 897%; try it in our drawdown recovery calculator.

How Long Losses Stayed Open

An average holding time of 12 hours 31 minutes hides the longest positions, so we publish them. A floating loss still open and unrecovered 90 days after it began rules out a Recommended verdict under our methodology.

Longest position30 days: the 0.63-lot sell, 6 October to 5 November 2021. The next longest was 6 days.
Longest open drawdownAbout a month: 5 October to 5 November 2021, from the buy that went into loss to the balance passing its previous high
Open at our checkNone. The account has had no open trades since 14 December 2023.
Against the 90-day ruleNot triggered. The verdict rests on the other findings.

What the Sales Page Says, and What the Record Shows

The vendor's website did not load when we checked (see below), so the sales-page wording here is from the copy we could retrieve on 1 October 2026. We cannot confirm the date it was last live.

"In 98% of cases it is right"The public account wins 91% of its trades (376 of 411)
"Only A 13% Drawdown"The only account we can see shows 89.97%
"Makes Over 30% A Month"The public account averages 2.14% a month
"does not involve any tricks like martingale, grid or no-stoploss trading"No grid: never more than three trades open at once. But every loss was followed by a 7-times recovery trade, and 410 of 411 trades show no stop loss or take profit set at the broker. The robot closed its losses itself, so if the terminal is offline, nothing at the broker closes the trade
"all the accounts are fully verified"One account is public, and Myfxbook shows its track record as not verified
"9 year live trading proof authenticated by a broker"From the vendor's affiliate page. The public record covers six years, and is not broker-verified on Myfxbook

Price, and Whether You Can Buy It

Price"Onetime fee of $149" for GPS Robot 3, from the copy of the sales page we could retrieve
UpsellForex EA Laboratory, a $4.95 trial then $29 a month (vendor's affiliate page)
RefundsA 60-day money-back guarantee through ClickBetter, as stated on the sales page
PlatformMT4. We found no MT5 version
Vendor websiteOn 1 October 2026 the vendor's website did not load over a secure (https) connection from any of 59 test locations in 35 countries and territories; its unsecured http version did respond (run the same check). Whether it can currently be bought is not established.

Key Evaluation Criteria

  • ❌ Evidence authenticity: fails. One of six presented accounts is public, at least three others are private, and the public one shows as not verified against broker data.
  • ❌ Drawdown against the marketing: fails. The sales page quotes a 13% drawdown; the only account we can see reached 89.97%. Our methodology treats a drawdown materially larger than the marketing implies as an automatic fail.
  • ❌ Near-wipeout: fails. Equity fell to about a tenth of the balance on 28 October 2021.
  • ❌ Strategy disclosure: fails. The 7-times recovery trade is described as "a great reverse strategy" that "covers the small loss", beside a statement that there are no martingale tricks. The size increase is not disclosed.
  • ⚠️ Payoff: a 91% win rate with an average loss nearly ten times the average win in pips. The profit factor of 1.79 is positive because of the recovery trades, so we treat the payoff as a warning rather than a fail; see our Forex Fury review for where this pattern can lead.
  • ⚠️ Activity: trading fell from 201 trades in 2018 to 11 in 2023, and the account has not traded since. There is no current record.
  • ✅ Open-trade duration: passes. The longest position was 30 days, inside our 90-day limit.
  • ✅ Funding: passes. One $250 deposit, no top-ups and no withdrawals.

Suitability & Risks

What's Genuinely Positive

To be fair to the product

The public account is a real-money record, and its funding is clean.

  • ✅Six years of live trades, 411 in all, with a single $250 deposit.
  • ✅+396.65% over that period, ending at its highest balance.
  • ✅No grid: never more than three positions open at once.
  • ✅Every recovery trade in the record closed in profit.
  • ✅A low one-off price and a 60-day refund promise, as stated on the sales page.
Key Risks

Why we will not recommend it

Every item here is sourced to the vendor's own account or pages.

  • ⚠️An 89.97% maximum drawdown on the only account you can check.
  • ⚠️Each loss is followed by a position seven times larger; one failure at that size would be several times worse than any loss in the record.
  • ⚠️Stops are held by the software, not at the broker.
  • ⚠️The accounts behind the headline claims are private or cannot be found.
  • ⚠️No trades on the public account since December 2023.
  • ⚠️The vendor's website did not load securely when we checked.

Important Disclosures

Verification History
1 October 2026 — first published, Not Recommended. Figures read from the public Myfxbook account and its full trade history, the vendor's Myfxbook profile and discussion pages, ForexPeaceArmy, and the copies of the vendor's sales and affiliate pages we could retrieve, on 1 October 2026. We do not edit published figures to track current values; we add dated entries here instead.
What would change this verdict. So that this does not rest on our judgement alone, these are the conditions under which we would reassess GPS Forex Robot:
  • The accounts presented as proof on the sales page made public again on Myfxbook, with their track records verified against broker data.
  • A verified live account running the current version for 24 months, with a maximum drawdown nowhere near the public account's 89.97% and no floating loss held open for 90 days.
  • The sales page disclosing the seven-times recovery trade and the public account's 89.97% drawdown beside its headline claims.
The second is required; the others would strengthen the case.
On the accounts we could not see. The vendor's public Myfxbook profile lists one account. Myfxbook's own discussion pages for three of his other GPS accounts read "The user has made his system private.", and the address of the $1,000,000 account returns "The system wasn't found"; Myfxbook does not say whether that system was deleted or made private. We make no claim about what those accounts show. We place no weight on figures we cannot check.
About the vendor. ForexPeaceArmy and the vendor's affiliate page name Mark Larsen. The affiliate page describes him as "founder of several blogs and review sites". Because we check every review for shared ownership between a product and the sites that recommend it, we tried to identify those sites. We could not, and we make no claim about any site.
What we verified, and what we did not.

On 1 October 2026 we read the public Myfxbook account and all 411 trades in its history (they reconcile exactly with Myfxbook's totals), the vendor's Myfxbook profile and three discussion pages, ForexPeaceArmy, and the vendor's sales and affiliate pages from the copies we could retrieve. We tested the vendor's website from 59 locations. We did not buy or run the Expert Advisor, log in to the account with the investor password the sales page publishes, or confirm the product can currently be bought. An older independent real account, ExpertTest's GPS Forex Robot Real account, ran from March 2011 to October 2012; it predates the public account by more than five years and is too short to bear on this verdict.

Affiliate Disclosure: GPS Forex Robot has an affiliate programme that pays 60% of the $149 price, about $89 a sale, plus 25% of a monthly membership (vendor's affiliate page). A Recommended verdict here could have earned us commission. We have not joined the programme, we reached Not Recommended, and no link on this page is an affiliate link. Under our methodology we only apply to a programme after an Expert Advisor has passed.
Risk warning. Trading foreign exchange on margin carries a high level of risk and you can lose more than you expect. An Expert Advisor removes the delay between a signal and a trade; it does not remove risk. Past performance, including verified live performance, is not a reliable indicator of future results. The Robotic Trader is an independent publisher, not a regulated financial adviser, and nothing on this page is investment advice.

Frequently Asked Questions

Is GPS Forex Robot a scam?
We have not found evidence that it is a scam, and we do not call it one. The one public account is real money, funded once with $250, and it grew to $1,241.63. What we found is that the evidence used to sell it cannot be checked: of the six accounts the sales page presents, one is public, at least three have been made private by the vendor, and the public one shows its track record as not verified against broker data. It also shows an 89.97% maximum drawdown, against a sales-page claim of "Only A 13% Drawdown".
Why is GPS Forex Robot Not Recommended?
Because the only account we can check reached an 89.97% maximum drawdown, far beyond the 13% the sales page quotes; because the accounts behind the headline claims cannot be viewed; and because every loss on the public account was followed by a recovery trade seven times the size, which the sales page does not disclose. Our methodology treats a drawdown materially larger than the marketing implies as an automatic fail.
What is GPS Forex Robot's maximum drawdown?
On the one public account, Myfxbook records 89.97%. Its growth chart puts the low on 28 October 2021, while a 0.63-lot recovery trade was open, and equity was about a tenth of the balance. The account later recovered and ended at its highest balance, but recovering from 89.97% takes a gain of 897%. The sales page quotes 13%, which we could not check against any public account.
Does GPS Forex Robot use martingale?
Not in the classic sense of doubling repeatedly, and it does not run a grid. But after every loss on the public account it opened a trade in the opposite direction at exactly seven times the lot size, to win the loss back in 12 to 15 pips. Increasing the size after a loss to recover it is the principle martingale systems use, applied here once per loss. The sales page says the robot "does not involve any tricks like martingale".
Is GPS Forex Robot really right 98% of the time?
The public account wins 91% of its trades: 376 of 411. A high win rate here comes from small targets: the average win is 5.48 pips and the average loss 52.85 pips. At those averages a strategy has to win about nine trades in ten just to break even in pips, which is why the recovery trades matter so much to the result.
Why can't I open the GPS Forex Robot website?
On 1 October 2026 the vendor's website did not load over a secure (https) connection from any of 59 test locations in 35 countries and territories; its unsecured http version did respond. Modern browsers use the secure version, so to most visitors the site appears to be down. We have not established why, or whether the robot can currently be bought.
What does GPS Forex Robot cost?
The sales page lists a one-time fee of $149 for GPS Robot 3, with a 60-day money-back guarantee through ClickBetter, and the vendor offers a Forex EA Laboratory membership at a $4.95 trial then $29 a month. We read these from the copy of the sales page we could retrieve on 1 October 2026, because the live site did not load.
Could GPS Forex Robot be recommended later?
Yes, on new evidence. The conditions are in the disclosures above: the accounts presented as proof made public with a verified track record; a verified live account on the current version reaching 24 months without a drawdown anywhere near the public account's; and the sales page disclosing the seven-times recovery trade and the 89.97% drawdown beside its headline claims.
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Risk Warning & Affiliate Disclosure: Trading foreign exchange and CFDs on margin carries a high level of risk and may not be suitable for all investors. Past performance, including verified live performance, is not a guarantee of future results. The Robotic Trader may receive compensation from partner brokers, VPS providers and software developers through affiliate links, at no extra cost to you. This supports our research and does not constitute personal financial advice. Commercial relationships never affect our verdicts, and we disclose where we hold accounts ourselves. Always trade with money you can afford to lose.

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