Broker Review · last checked July 2, 2026
Forex Diamond Review
Forex Diamond is presented as an automated forex trading EA rather than a regulated broker. Our review focuses on what the official site discloses, what is not publicly verified, and the checks traders should make before purchasing or connecting it to a live account.
- Reviewed against official site materials and regulator guidance
- No regulatory claim is made without a source
- Best viewed as software due-diligence, not broker approval
Forex Diamond at a glance
Listing status: Review Only · unknown, higher risk, legacy
Our verdict
Forex Diamond is a marketing-heavy EA product with limited public disclosure about ownership, pricing structure, and any broker relationship. Public evidence supports that it is software for use on MetaTrader 4-compatible brokers, but we did not find a regulator listing for Forex Diamond as a firm, nor a verified broker authorisation behind the brand. That means the key risk is not just performance risk; it is also counterparty and refund risk if the checkout, support, or linked broker experience becomes problematic.
Pros and cons
- the official site states MT4 compatibility and publishes backtest/performance-related material
- there is a stated 30-day money-back policy on the site terms page
- no publicly verified broker licence was found for the Forex Diamond brand
- the marketing makes strong performance claims that should not be treated as proof
- the public record is thin on corporate identity, fees, and funding details
Entity and regulation table
| Field | What we found | Why it matters |
|---|---|---|
| Brand | Forex Diamond | Brand used on the official EA website. |
| Product type | Expert Advisor / trading software | This appears to be software, not a standalone broker. |
| Regulatory status | No public regulator authorisation found for Forex Diamond as a firm | Do not treat the brand as regulated unless a register search confirms it. |
| Platform support | MetaTrader 4 mentioned on the official site and blog | Important for checking broker compatibility. |
| Refund policy | 30-day money-back language appears in the site terms | A refund policy is not the same as broker withdrawal protection. |
| Public fee schedule | Not clearly published on the pages reviewed | Ask for full pricing before paying. |
| Minimum deposit | Not clearly published on the pages reviewed | Broker funding requirements may still apply if you use a live account. |
| Country coverage | No reliable public country list found | Check local legality and broker restrictions yourself. |
Use regulator registers for any broker the product asks you to connect to.
Key facts table
| Topic | Detail |
|---|---|
| Official website | Forex Diamond EA official site |
| Product classification | Trading software / Expert Advisor |
| Suggested platform | MetaTrader 4 |
| Execution style mentioned by the site | Works with MT4 brokers; older blog mentions ECN-type order fulfilment |
| Refund language | 30-day money-back wording appears on the terms page |
| Best for | Readers who want to verify a forex EA before paying |
| Main risk | Marketing claims may outpace independently verified evidence |
This table is intentionally conservative because public disclosure is limited.
Alternatives to Forex Diamond
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 cTrader | 48 | No universal broker licence applies; broker-specific regulation only | cTrader Web, cTrader Desktop, cTrader Mobile | Traders who want cTrader as a platform choice, Users comparing broker offerings that include cTrader, People who value clear separation betw | Read review |
 TradeLocker | 36 | No clear public evidence found | Web, Desktop application, Android app | Traders comparing chart-first trading interfaces, Users who want web, desktop, and mobile access, Broker or prop firm partners evaluating pl | Read review |
| GFGPS Forex Robot | 18 | No clear public evidence found | MetaTrader | Readers specifically researching a legacy forex robot before purchase, Users who want to verify product terms, refund language, and billing | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original rating | Normalized /10 | Caveat |
|---|---|---|---|
| Trustpilot profile for www.forex-diamond.com | 3.2/5 | 6.4 | User reviews are sentiment only and are not proof of regulation or product quality. |
| Scamadviser for forex-diamond.com | Low trust score / scam concern wording | Not normalized | Automated trust scores are not regulatory evidence and should be treated as context only. |
Only public third-party sentiment was used, not as proof of safety.
Overview
Forex Diamond appears to be an Expert Advisor (EA) and trading software product sold through its own website, not a retail broker with a publicly verified licence page. The official site says the software is designed to work with MetaTrader 4 brokers, and older blog content says it is compatible with MT4 brokers and ECN-style execution. However, that compatibility is not the same as regulation, and it does not mean the product itself is authorised by a financial regulator. The safest reading is that Forex Diamond should be treated as a software purchase that may influence trading outcomes, not as a licensed intermediary.
Safety and regulation
We did not find a public regulator register entry showing Forex Diamond itself is authorised as a broker or investment firm. The FCA’s public guidance says the Financial Services Register is the official record for authorised firms, and its warning pages show how unauthorised forex-related firms can be flagged. Because Forex Diamond’s public pages emphasize software use rather than licensed brokerage, readers should verify any broker they plan to use separately on the relevant regulator register before funding an account. If a seller asks you to open an account with a named broker, confirm that broker’s authorisation, the legal entity name, and the exact website domain before depositing.
Fees, account, and platform details
The official site confirms that Forex Diamond is intended for use with MetaTrader 4 brokers, and a blog post says it is compatible with MT4 brokers and ECN-type order fulfilment. The site also publishes a 30-day refund policy in its terms. We did not find a clear public fee schedule, minimum deposit requirement, live spread table, or a full account-type breakdown on the official pages we reviewed. That is an important due-diligence gap: before buying, confirm the total software price, any recurring charges, the broker account type required, and whether your broker allows EA trading, scalping, or third-party automation.
Deposits and withdrawals
Because Forex Diamond is presented as software, its own site is not the place to look for trading-account deposits and withdrawals. Any live-account funding and withdrawals will depend on the broker you choose. The official terms mention a refund policy for the software purchase, but that is separate from broker withdrawals and should not be confused with a trading-account cashout. Before paying, check the payment method used at checkout, the refund conditions, processing times, chargeback policy, and whether a broker deposit is required to run the EA.
Country availability caveat
We did not find a reliable public country-availability list for Forex Diamond, and we are not assuming it is available everywhere. Availability can also depend on the broker you connect to, local derivative rules, and whether the software or payment processor restricts certain jurisdictions. Readers in the UK should note that the FCA warns consumers to check the Warning List and FS Register before dealing with any firm offering financial services. Always verify local legality before purchasing or linking a live account.
Alternatives
If you want regulated access to forex trading, focus first on the broker’s authorisation status rather than on a software seller’s marketing claims. Good alternatives to research include fully regulated brokers in your jurisdiction, plus transparent strategy tools that clearly disclose costs, supported brokers, and refund terms. If your goal is automated trading, compare any EA against demo results, live track record evidence, and your broker’s automation rules before risking capital.
Common questions
Is Forex Diamond a regulated broker?
We did not find a public regulator register entry showing Forex Diamond is authorised as a broker or investment firm. Based on the official pages reviewed, it looks like software rather than a regulated broker.
Is Forex Diamond safe?
No automated trading product should be assumed safe just because it has a website or refund language. The key checks are authorisation of any linked broker, payment security, refund terms, and whether the software is permitted by your broker.
What platform does Forex Diamond use?
The official site and blog reference MetaTrader 4 compatibility. If you plan to use it, confirm your broker supports the specific EA setup you intend to run.
What is the minimum deposit for Forex Diamond?
We did not find a public minimum-deposit figure on the official pages reviewed. If you need a live broker account to use the EA, the broker may set its own minimum deposit.
Does Forex Diamond support deposits and withdrawals?
Forex Diamond itself is presented as software, so deposits and withdrawals depend on the broker or payment processor you use. Review the checkout and broker withdrawal terms separately.
Does Forex Diamond offer a refund?
The site terms page includes 30-day money-back language. Read the exact conditions carefully, because software refunds and trading-account withdrawals are different things.
What should I verify before buying?
Verify the website domain, the seller’s legal entity, the refund terms, whether the EA is allowed by your broker, and the authorisation status of any broker you will connect to.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.