If you don't want to lose your money
If you don't want to lose your money, stay away from them. They're scammers.
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Um die Integrität unseres Portals zu schützen, überprüft unsere automatisierte Software alle Bewertungen – unabhängig davon, ob sie verifiziert sind oder nicht – rund um die Uhr. Diese Technologie identifiziert und entfernt Inhalte, die gegen unsere Richtlinien verstoßen, wie zum Beispiel Bewertungen, die nicht auf einer wirklichen Erfahrungen basieren. Uns ist bewusst, dass wir möglicherweise nicht alles erfassen, doch Sie können uns jederzeit problematische Inhalte melden, die wir Ihrer Meinung nach übersehen haben. Mehr erfahren
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If you don't want to lose your money, stay away from them. They're scammers.
After reading through some of these reviews, I see why people are confused. I wouldn't been too. This isn't my way of protecting the company or denying what other people have written here. But I do see that, in my opinion it might not be true. I had my date share of success with Chris, and as others said, yes, I have taken out the initial investment of 1500 already. (Meaning I profited, paid my commission to the company) and it is still going. This is not a secret, but a logical thing to do, and this is what everyone should be aware of.
Si yes, I do use it and I do like the bot they built. And yes, this is my way of making sure, everyone can see the other side of it.
I used BullCharge with real money, and I want to give a balanced review based on my actual experience.
First, I want to make one thing clear: the EA can make money. I saw significant profits on my own account, so my criticism is not about whether the system is capable of generating returns.
My concern is the level of risk required to achieve those returns.
The strategy can build a basket of multiple positions while the market moves against it and wait for the market to reverse. On my account, I saw a EUR/USD basket reach approximately $600 in floating loss before the market eventually reversed during major economic news and the positions recovered.
The serious problem came later with XAU/USD. The EA accumulated multiple gold positions, the market continued moving against the basket, and this time the strategy was unable to recover, resulting in a substantial loss.
After this event, BullCharge offered to help me recover the losses without charging me an additional subscription fee. However, I would have needed to deposit another $500 of my own money with a new broker. I was also offered a large broker deposit bonus.
Before putting more money at risk, I asked detailed questions about risk management. BullCharge explained to me that 30–45% can be considered a controlled drawdown and that the equity stop-loss should be set at a minimum of approximately 50% for the strategy to work properly. When I suggested limiting the drawdown to 15%, I was told that this was too restrictive for the strategy.
I was also shown long-term results from another client. The account was profitable, but the provided chart showed drawdown reaching approximately 55%. BullCharge explained that the market subsequently reversed and the positions were eventually closed around breakeven. They also explained that some clients choose not to use strict equity stops because such restrictions can interfere with the strategy.
To be fair to BullCharge, when I asked these questions directly, they were honest about the risk. They could have presented the strategy as much safer, but instead they explained the drawdown levels the EA may require. They were also transparent that they operate through broker affiliate links.
BullCharge offered to help recover my losses without charging for the service, but they were not willing to share the capital risk by contributing to a new deposit. I therefore would have been putting another $500 of my own money at risk while accepting the possibility of very substantial drawdowns.
For that reason, I decided to end my cooperation with BullCharge.
My conclusion is that this EA may be profitable, but it is a high-risk strategy. Potential clients should not look only at the profits or win rate. They should understand that the strategy may need to tolerate drawdowns of 30–50% or more while waiting for the market to reverse.
Before investing, I strongly recommend asking about maximum floating drawdown, equity-stop levels, position accumulation, exposure during major news and what happens if the expected market reversal does not occur.
For me personally, the potential returns do not justify that level of capital risk.
If you want to lose your money he will help. And then tell you he will help gain it back but you need to pay more. So AVOID if you want secure and measurable positive results in a long run. Protect your investment and withdraw your money NOW!
So I got interested in the main Telegram channel because it looked legit. A guy named Chris had 2k to work with at the start.
After a bumpy ride (3 margin calls in 3 weeks), he got a little positive and then whipped my account completely overnight.
The bottom line is this is a basic pyramid. It starts with a very small lot size and increases exponentially as the market direction goes against the open trades. It grows to the point that the combined lot size is so massive that you get a margin call, and within a few pips your account is blown. There is no logic, no AI, nothing. Just a basic rule that if your trade is not positive after a while, get a new, larger lot...
Once the account is whipped, Chris will tell you, "The losses were incurred as a result of trading during a period of significant market manipulation." (no safety features, just race to the bottom and hope it reverses in time)
In my case, his basic automator increased in size during a correction, and the markets decided to go a little further. This system did not have any safety features (no SL). So it went from small profits to losses, then negative free margin, then a margin call, and then wiped out the account. No stop-loss settings, nothing.
And after that, Chris will tell you to add more money to the account so he can recoup the losses. When I asked for guarantees, he stopped talking to me.
So if you've already invested, get your initial deposit back asap. But don't count on too much profit. It will work until the first significant correction. Then your account will be cleared.
- The exclusive bonus is a regular bonus that the broker offers. He does not have any additional codes or anything like that. Despite mentioning it in multiple promo messages.
- Official drawdown will be mentioned as max 25% - that was not true - it was 100%
- Monthly return of about 50% - 80% depending on the amount of deposit. That's another lie. After 3 weeks, it was completely blown.
- 1-month trial where you will be able to watch how your money grows "safely" and "stay perfectly calm" - after 3 separate instances of margin calls, this was another unfounded statement. Reading the comms with him makes me laugh.
So, do not put money in it. It's a scam. He does not risk anything; you risk everything.
You put your money into the broker's account; he tells you so he gets his commission. Then, if the market is stable, you will start paying him 30% on every profit. If that "AI bot" (still can't believe how a simple Excel IF formula can be described that way) blows your account, he will tell you to invest more.
He will always say it's not his fault, will say he will make sure it will be restored, and then mess your account again. Please stay away.
They run a lot size increase, averaging EA on EURUSD on your account with regular 30-40% drawdown. After 1.5 months they blow up my account. Luckily, I could withdraw the initial investment, some profits and their 30% profit share after 1 months which shows that they produce a lot of profits but the risk isnt worth it as they could have blown up during my first month.
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