Breakfree Trading Reviews 

283
TrustScore 3 uit 5

2,8

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Beoordeeld met 1 van de 5 sterren

Don't waste your time. The algorithm does not work long-term (it never has) and all you're shown are the tiny wins when it works and once it stops working, Asger "magically" comes out with a new and i... Toon meer

Beoordeeld met 1 van de 5 sterren

We have witnesses the owner have a literal mental breakdown over the last several months. He's driven what was once a promising company into the ground. Making claims that the government and CIA are a... Toon meer

Beoordeeld met 5 van de 5 sterren

Its just amazing that trading is less stressful now. Used to trade and do stupid mistakes, i.e. over leverage, didn't put SL, and kept doing what most human does - being emotional! To be honest, was s... Toon meer

Bedrijf heeft geantwoord

Beoordeeld met 1 van de 5 sterren

Absolutely awful system. Great win rate with tiny wins but massive losses if you ultimately vulnerable in drawdown and quickly blows your account. The programmers are unhelpful, the just darn right ru... Toon meer

Bedrijf heeft geantwoord

Bedrijfsgegevens

  1. Softwarebedrijf

Geschreven door het bedrijf

Experience algorithm assisted trading.


Contactgegevens

2,8

Gemiddeld

TrustScore 3 uit 5

283 reviews

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2,8

Alle reviews

(283)

2 reviews in de afgelopen 12 maanden

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Beoordeeld met 5 van de 5 sterren

Semi okay results.

Semi okay results.

I was worried bout the bad reviews on trustpilot, but have since then learned these are made by competitors to scare customers away.

The bot is ok, it work a bit slow but makes 0.2-0.4% a day.

Can't wait to see after 6 months performance, so far so good.

9 juli 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hi Maynard,

Thanks for putting your review out there, we really appreciate it.

Stay tuned for next update!

- Team BFT

Beoordeeld met 1 van de 5 sterren

THIS BOT WILL MAKE YOUR MONEY DISAPPEAR

Coming across Asger from Breakfree trading was one of the worst mistakes of my life.

This bot does nothing more than make money disappear.

Account Blown, Zero support, zero explanation. This company will for sure be disappearing soon.

1 april 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hi John,

We strongly suggest to use the classic settings (default) with 3.19, as we been seeing stable results for 2 months now.

If your account runs out of margin using the hedging mode, the broker can be forced to close all trades in loss.

- Asger

Beoordeeld met 1 van de 5 sterren

Customer since 2022 - disappointing end with BFT

Painfully writing this review as I've been a customer since March 2022. They had a decent product which somewhat worked. They developed a bot named neural agent and kept all of us hooked by saying its getting better and that's happening since a year. It did get us some tiny profits in the start but yesterday it blew my account.

It's a no setting required bot with us being asked to 'let it run and it will change your life' but it just blew my account yesterday. All gone. Over 3.5K USD gone in one trade.
I was on the God plan which is supposed to be the highest level of subscription and had paid 1249$ subscription fees as well which turned out to be a waste too.

I had infact left a good review about this product earlier in 2022 but sad to see that the whole team was fired and now there is no support and no response from the CEO.

I had also invested in their other project called 'Companion' and that was shut down too and lost another $500 there.

It was a good company or maybe it seemed to present itself as good and scamming people for years. I was with them for two years but it's time so say goodbye.

3 april 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hello HM,

It is always frustrating to lose money, but unfortunately if a trading account runs out of margin using the hedging loop, the broker will be forced to close the trades.

We suggest to use the classic mode without the hedging loop as it avoids the massive risk exposure.

- Team BFT

Beoordeeld met 1 van de 5 sterren

This is a warning to anyone considering BFT

This is a warning to anyone considering BreakFree Trading. It started in 2021, I was torn with Asgeir and the team at BFT to try "algorithm trading" and I ended up blowing 2 x 10,000 usd accounts. Then BFT launched Neural Agent in 2023/2024 and I believed in Asgeir and the team that they had through trial and error for many years developed a "set and forget" AI algorithm that traded the account in an automatic and safe way. From BFT's side, they claim that you can subscribe to their service, enter your Metatrader account and Neural Agent trade your account through hedging, which they believe is a safe way to trade. There are no ways to control risk management you are at the mercy of their "secret" extraterrestrial code. Asgeir in their videos and support clearly states that you should not touch the settings, they have also hidden most of the options for making changes to the settings precisely because you should let the software do the job alone without intervention. I upgraded to the latest version 2.17.5b and the software immediately started trading. In the drawdown situation, which was in no way extreme other than a gradual 0.8% fluctuation in NZDUSD, BFT Neural Agent opened one grid level after another where the lot size was doubled time and time again, which eventually meant that I had to add capital over and over. I started with 10,000 USD in my account, I added a total of 8,000 USD until I ran out of money and Neural Agent blew my account. I ended up losing $18,031. According to the broker IC Market, the account has been overexposed and that confirms my claim that the BFT Neural Agent does not place the correct volume according to the account's balance, which then results in a blown account. Here's what IC Markets says: "Seeing as your account was mostly overexposed on Sell positions, with an excess of 19.77 Standard lots( NZDUSD Buy 44.93 Standard lots, NZDUSD Sell 64.7 Standard Lots) this means that your account is accessible to margin, and potentially margin calls." Finally, I would like to add that during the trading I tried to get help from support, possibly advice on what I should do in the situation, I was in doubt whether I should leave the position and take the loss early or whether I should add money, but support didn't answer me, I sent a total of 17 emails in which I finally begged for help. I also asked if they could please call me because I could see that this was going to go the wrong way and I was helpless. Neural Agent had inflicted such large losses on the account along the way that a recovery seam unlikely. When I installed Neural Agent, I took it for granted that positions are opened according to how much capital is on the trading account's balance, but that is not the case. Naural Agent is simply so illogical that it only clears the account on its own initiative if/when the market goes against the direction the algorithm has chosen. Thanks to BFT, I have once again lost all my savings. So, a piece of advice from me, stay away from BreakFree Trading Neural Agent or any other product they sell.
Morten Winsnes

3 april 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hello Morten,

Yes it has been quite a journey to get to the 3.19 build which has achieved stable results in backtesting and forward testing.

In the 2.17 build the hedging loop worked in theory, but people ran out of margin when using it in practice. As a result many got stopped out by their broker when they ran out of margin.

However since 2.17 we have reverted back to our classic mode that operates with stable results across 50 markets. Its not earning as much as before, but it is running with a lot less risk and still good daily performance.

Thanks for being part of the mission, it is just a shame it went wrong, right before it went right :)

- Asger

Beoordeeld met 1 van de 5 sterren

Avoid - huge loss on account - TWICE

This is probably the most painful review I will ever write about a company because this was something I believed in my heart was working and was going to be part of a mission to help set the world free.

I started out with BFT from 2019. The company presented itself in a fantastic manner.

The CEO of the company developed it and his team created a trading bot which looked amazing.

I bought this bot in August 2023. It took an account of £1,000 to £1,300 by Janurary 2024. I deposited a further £4,000. By March, my account was a very tidy £6,300. A markup of over 20%.

Alarm bells started ringing with me when the bot began oversizing hedging positions. Hedging can work, but the positions were too big on EURNZD. The bot actually got out of it - or so I thought. The total position was £500 in profit - but I just told myself to leave it and let it calculate the requirement to cover commissions..... or do it's thing.

To my horror, the spreads went crazy and the bot cut a loss of £1,900.

If this wasn't bad enough, the bot did the SAME THING AGAIN ON THE SAME MARKET AND HAS REDUCED MY ACCOUNT TO LESS THAN £2,000. ]

Next day update - account blown!!!

I have reached out for help from the team and no one has contacted me.

Goodbye BFT. It has been a pleasure interacting with your team. Friendly and professional - I cannot take that from them and will admit this is a positive thing about BFT. Sadly, for me, the only positive thing.

Sincerely, a heartbroken, dream-shattered trader now looking for alternative EAs.

3 april 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hello Arnold,

Yes it has been quite a journey to get to the 3.19 build which has achieved stable results in backtesting and forward testing.

In the 2.17 build the hedging loop worked in theory, but people ran out of margin when using it in practice. As a result many got stopped out by their broker when they ran out of margin.

However since 2.17 we have reverted back to our classic mode that operates with stable results across 50 markets. Its not earning as much as before, but it is running with a lot less risk and still good daily performance.

Thanks for being part of the mission, it is just a shame it went wrong, right before it went right :)

- Asger

Beoordeeld met 1 van de 5 sterren

PLEASE STAY AWAY - ACCOUNT BLOWN

PLEASE STAY AWAY. for the sake of your own mental stability and sanity.

paying customer since september 2023. i bought a years subscription for the Neural bot.

1st version didnt work and sucked but many people believed in the team

i believed in them as well since the CEO was very confidently pushing it and it made sense looking at what they created... atleast at first sight.

7 month later they are NO WHERE NEAR what they promised -- and their bot is SO BAD - that basic things like risk setting on it is NOT WORKING AT ALL.

i set a 29% per market and 90% risk level and the bot created orders with over 110% risk level on a single pair alone- a day or 2 later I BLOWN MY ACCOUNT.

other trades on AUDSGD were in drawdown for what? 5 months? expect a terrible experience and dont even get me started on the CEO who's lost it completely!!! with how bad the bot went.

i think they had a chance at trying a different strategy with the bot --they could have tried using the same model and used a more traditional strategy

instead they went for a 100% win rate strategy which has trades stuck in drawdown forever just to end up making aprofit and have that high win rate.

stay away

31 maart 2024
Review zonder uitnodiging
Beoordeeld met 1 van de 5 sterren

Paying customer since April

TLDR: got blown up with 50% risk setting, Asger blocked me when conforting him with this

Been a paying customer since April 2020, was really excited and thought I found my ticket to freedom, the first strategy didn't work and frankly I didn't hear of anyone who succeeded, this lack of success caused the team to launch an agent, seemed like it was the real deal, until it blew my entire account.
The CEO is firing everybody and non responsive and seems on the verge of a mental breakdown, I have no words to describe my disappointment and frustration caused by break free trading, I wish I would have never saw their ads

EDIT: Asger answered and said the reason I got blown was self sabotage and procceeded to block me, think twice before trusting someone like this

EDIT2: They keep on saying the reviews are fake and trying to take them down, I'm not a competitor,you're welcome to contact me, I'm an angry customer, please note that once your money is gone they will will ban you for caring about your personal gains, what a joke of a CEO and I quote from their telegram channel
"
You are either with us, or you are against us.
It is that simple at this point.

We don't need to do business with everyone that wants to buy Breakfree AI.

We only do business with people who believe what we believe.

We don't need you.

You need us.

If your personal gains comes before the mission, pack your s**t and f@ck off.

Got it ?
"

EDIT3: looks like the CEO and his boyfriend need a confidence boost by posting intimidating makeup photos of them in their telegram channel, I never saw a sane CEO do that

28 maart 2024
Review zonder uitnodiging
Beoordeeld met 1 van de 5 sterren

No response from support

No response from support, Asger not responding to messages... Been customer for 4 years, this is more than sad. Looks more like a scam than anything else atm.

17 maart 2024
Review zonder uitnodiging
Beoordeeld met 1 van de 5 sterren

Complete Scam

Complete Scam. Poor customer service

I was a member for 3 months. They released a new version Neural Agent 2.0 and then 2 days later I lost over 10K USD.

I questioned what happened and why there was 3 udpates that same week. No answers and banned from their chat room.

Will not recommend to anyone!

14 maart 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Thanks for your feedback.

Breakfree AI is actually available free of charge for up to 1 market with no time limit.

You can always setup a free demo account and run it to check results for yourself with zero risk or costs.

Many users are seeing great results, but few will unfortunately always be unhappy.

Click here to get started: https://navigator.breakfreetrading.com/#/auth/registration


Have a great day :)

- Team BFT

Beoordeeld met 5 van de 5 sterren

Great software that runs by itself…

Great software that runs by itself after 5 minute setup on my own machine or VPS.

There’s been some recent changes, and not everyone is happy with it.

All I can say is that since 2.17 update it has been very good and consistently profitable around 0.7% a day.

11 maart 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hi John,

Thanks for your honest words.

We appreciate that you can see through the noise and use the technology on autopilot as designed.

Not everyone is happy with the removal of manual trading from our software, but this is the way forward to get people the best trading results possible.

Thanks for staying with us.

- Team BFT

Beoordeeld met 1 van de 5 sterren

Cult doesn't come close

I have previously left a review and I think I need to refresh my opinion because things have gotten even worse. I gave it one star last time, it's a shame that's the minimum. Please avoid this company, don't take my word for it, watch the Most recent youtube video he posted, completely mentally broken

The CEO is nothing short of a cult leader, I'm absolutely shocked at his behaviour. Honestly, I don't think this organisation has a future with him at the helm

26 februari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Thanks for your feedback.

It is worth noting that Breakfree AI is available free of charge for 1 active market at the same time with no time limit.

You can always setup a free demo account and run it to check results for yourself -
click here to get started: https://navigator.breakfreetrading.com/#/auth/registration

Many users are seeing great results, but few will unfortunately always be unhappy.

Have a great day :)

- Team BFT

Beoordeeld met 1 van de 5 sterren

Decent product, horrendous CEO

The product the Breakfree Trading team has built to automate trading is pretty good. Depending on broker and account size, you can get good results. The larger the capital the better results in my own experience. I would say the product is more stable than when originally launched but it hasn’t been out long enough to justify the longevity of success it will generate. The backtests provided do not align with real results in the slightest, which makes me believe the backtests have a lot of bias and overfitting. And you cannot backtest on your own account with how the system is set up.

If you are looking for a good community to be a part of, avoid this at all costs. The owner of Breakfree Trading, Asger, treats the community like a cult leader and anything he doesn’t like he will ban you, even if it’s the truth. He himself is the reason why he has had to rebuild the Breakfree team multiple times over the recent years. He truly believes anyone who says something he doesn’t like is out to get him. Of course he will deny this.

Don’t believe me just go watch previous livestreams of him yelling at people through his screen.

Avoid the headache and just stay away from this product and community.

27 februari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Thanks for your feedback. All has been noted and we aim to improve day by day.

It is worth noting that Breakfree AI is available free of charge for 1 active market at the same time.

You can always setup a free demo account and run it to check results for yourself.

Have a great day :)

Beoordeeld met 3 van de 5 sterren

No one can explain like Tom did in…

No one can explain like Tom did in academy course braking each point and how to be successful trader {rate him} been with them from day 1, the the interface so easy to navigate, the tp section just the best

2 februari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hi Peter,

Thanks for your review, we will do what we can to bring Tom back.

- Team BFT

Beoordeeld met 5 van de 5 sterren

The Companion/Neuralink is the best and…

The Companion/Neuralink is the best and you can rely on it in these uncertain times in the market.

I'll always choose this, keep the good work up @ Team Asger...

2 februari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Thanks for your review Ola Olu, we appreciate you as a highly valuable member of Breakfree.

Beoordeeld met 1 van de 5 sterren

30 Day money back guarantee

30 Day money back guarantee; take care to read the fine print, don't take this guarantee on face value. If you buy on a special there is no refund option - buyer beware! They will not honour the 30 Day money back guarantee! Terrible experience. Avoid.
You didn't offer me a fair trial of 150 hours so your response below is untrue!

26 januari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hi,

We offer a fair trial of 150 hours.

2. Limitation: Customers are entitled to a full refund within the first 30 days of their initial purchase, provided they have not used the Neural Agent actively for more than 150 hours. We keep a record of the usage time for each customer.

Beoordeeld met 1 van de 5 sterren

break free trading is a SCAM

break free trading is a SCAM. Their bot neural agent does not work..It is not able to place tradeS...it is just stuck all the time...All the users are complaining about it in the private chat...THEIR PERFORMANCE IS on backtesting only not on Live trading. Rubbish

27 januari 2024
Review zonder uitnodiging
Logo Breakfree Trading

Antwoord van Breakfree Trading

Hello sir,

We do not recognize you nor do we have anything to track you on, so we must assume this is a malicious post.

----

The Neural Agent AK-2.17 is first generation conscious AI trading bot.

That means it wont always be trading, because sometimes the best thing is to do nothing.

Please make sure you keep updating with the monthly and weekly releases.

Have a nice day.

- Asger

Beoordeeld met 5 van de 5 sterren

My experience with using breakfree has…

My experience with using breakfree has been very awesome because it stands out among other trading platforms. Its algorithm system is genius while every trade execution is prompt. I strongly recommend it for anyone.

15 maart 2023
Review zonder uitnodiging

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