Trading Platform Review · last checked July 2, 2026
Forex Diamond Review
Forex Diamond Review concerns automated forex trading EA software, not a regulated broker. The official site’s statements, unverified points and checks before live use require separate consideration.
- Regulators listed: FCA warning page exists for FOREXDIAMONDEA; no authorisation found for Forex Diamond as a broker or investment firm
- Platforms: MetaTrader 4, MetaTrader 5
- Not clearly published on reviewed public pages
In brief
Our Forex Diamond review verdict
Forex Diamond Review concerns automated forex trading EA software, not a regulated broker. The official site’s statements, unverified points and checks before live use require separate consideration.
- 01Product scope
- Readers comparing forex EAs/software rather than brokers
- 02Compatibility
- MetaTrader 4, MetaTrader 5
- 03Account control
- The connected firm controls funds, execution and protections.
- 04Main limitation
- Not a fit if you want a clearly regulated broker
Key facts about Forex Diamond
The legal entity, local rules and available account terms may change with the client's country.
- ✓Forex Diamond is presented on its official site as an Expert Advisor / trading software product.
- ✓The official site and blog reference MetaTrader 4 compatibility.
- ✓The official terms page includes 30-day money-back language.
Who this platform suits
- Readers comparing forex EAs/software rather than brokers
- Users who want to verify MT4/MT5 compatibility before purchase
- Due-diligence focused reviews that prioritize public source checks
- You want a clearly regulated broker
- You need a public, independently verified fee and deposit schedule
- You require strong evidence of client protection or dispute resolution coverage
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.
Forex Diamond Review: EA software rather than a broker
Forex Diamond is offered through its own website as an Expert Advisor trading tool, rather than a regulated broker with a public licence. The site states that the software works with MetaTrader 4 brokers, while older blog posts refer to MT4 compatibility and ECN-style execution. Compatibility with a platform is not regulatory approval. Forex Diamond should therefore be viewed as software that may affect trading outcomes, not as a licensed financial intermediary.
What the available Forex Diamond evidence does and does not show
Forex Diamond is a heavily marketed EA, but transparency around ownership, pricing and broker relationships is limited. It works with MetaTrader 4 brokers, yet there is no sign that Forex Diamond is registered as a firm or authorised broker. Performance remains uncertain, while counterparty and refund risks may arise if the checkout, support service or an associated broker encounters problems.
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Details |
|---|---|---|---|
| Forex Diamond / FXautomater | Not Verified In Public Registers | Official website | EA/software brand; site terms name FXautomater team/company, but no legal entity number found. |
| Forex Diamond brand website | Broker website / support centre | Official website | Official site sells paid Expert Advisor software; terms mention 30-day money-back guarantee. |
No authorised broker entity was verified; FCA warning exists for FOREXDIAMONDEA.
Published Forex Diamond features and unresolved points
The site confirms MT4 compatibility and publishes backtest and performance information, and its terms state a 30-day refund policy. However, no publicly verifiable broker licence is available for the Forex Diamond brand; strong performance claims lack independent proof; and corporate details, fees and funding information remain sparse and unverified.
Forex Diamond and the absence of an authorised broker entity
No public regulator record shows Forex Diamond as authorised to operate as a broker or investment firm. The FCA Financial Services Register is the official list of authorised firms and highlights unauthorised forex operators. As Forex Diamond is software-focused, any broker used with it should be checked independently on the relevant regulator register before an account is funded. If users are directed to open an account with a particular broker, they should verify that broker’s authorisation, legal entity and exact website domain before depositing money.
MT4 compatibility, published terms and missing cost data
Forex Diamond is intended for MetaTrader 4 brokers, and a blog post also refers to MT4 compatibility and ECN-style order execution. Its terms include a 30-day refund policy. The official pages do not appear to provide a clear fee schedule, minimum deposit, live spreads or detailed account types. Before purchase, confirm the full software cost, any recurring fees, the required broker account type, and whether the selected broker allows EA trading, scalping or third-party automation.
Software purchase payments are separate from broker funding
As software, Forex Diamond does not process trading-account deposits or withdrawals through its site. Funding and withdrawals depend entirely on the broker chosen. The terms refer to a refund policy for the software purchase, which is separate from broker withdrawals and should not be confused with withdrawing funds from a trading account. Before paying, review checkout payment methods, refund conditions, processing times, chargeback policies and whether a broker deposit is needed to run the EA.
Country availability and UK checks for Forex Diamond
No reliable public list identifies the countries where Forex Diamond is available, so use should not be assumed to be possible everywhere. Availability depends on the selected broker, local regulation, and restrictions set by the software or payment processors. UK residents should note that the FCA advises checking its Warning List and Financial Services Register before dealing with firms offering financial services. Local legality should be confirmed before purchasing the software or linking a live account.
Comparing automated trading options beyond Forex Diamond
People seeking regulated forex trading may place greater weight on a broker’s authorisation than on claims made by a software seller. Consider regulated brokers available in your area alongside strategy tools that clearly state costs, supported brokers and refund terms. For automated trading, compare an EA with demo results, verified live track records and the broker’s automation policies before putting real money at risk.
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 | cTrader 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 | TradeLocker 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 | GPS Forex Robot review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
Common questions
Is Forex Diamond a regulated broker?
No public regulator register lists Forex Diamond as an authorised broker or investment firm. It appears to be software rather than a regulated broker.
Is Forex Diamond safe?
No automated trading product is inherently safe just because it has a website or refund policy. Key checks include authorisation of any linked broker, payment security, refund terms, and whether your broker permits the software.
What platform does Forex Diamond use?
The official site and blog mention compatibility with MetaTrader 4. Confirm your broker supports the specific EA setup you plan to use.
What is the minimum deposit for Forex Diamond?
No public minimum deposit is stated on the official pages. If a live broker account is required, the broker will set its own minimum deposit.
Does Forex Diamond support deposits and withdrawals?
Forex Diamond is software, so all deposits and withdrawals depend on the broker or payment processor you use. Check those terms separately.
Does Forex Diamond offer a refund?
The terms page includes a 30-day money-back policy. Read the details carefully; software refunds differ from trading-account withdrawals.
What should I verify before buying?
Check the website domain, seller’s legal identity, refund terms, whether your broker allows the EA, and the authorisation status of any broker you’ll connect with.
Sources for this platform review
Confirm the current publisher, compatibility and account permissions before connecting a live brokerage account.