// TRANSPARENCY
Is Cypher Pros legit? Pricing, team, and how to vet us.
Cypher Pros is a real, US-based software company that develops the DeLorean EA for MetaTrader 5. We do not ask you to take that on faith. Every claim on this page is something you can verify yourself, and below we also show you how to evaluate any forex EA vendor — including us.
Straight answers
Is Cypher AI legit?
Yes. Cypher Pros, also known as Cypher AI, is a real US-based software company that develops the DeLorean EA for MetaTrader 5. It has a named leadership team, a published business address, independently verified performance on MyFxBook, and a 30-Day Money-Back Guarantee. It sells software that runs in your own brokerage account and does not take custody of client funds.
Is Cypher Pros a scam?
No. Cypher Pros sells trading software that runs inside your own brokerage account, so it never holds your money. It publishes verifiable live results as past performance, names its team publicly, and offers a 30-day money-back guarantee — none of which are consistent with a scam. As with any trading tool, results vary and forex trading carries a high level of risk.
What does the DeLorean EA cost?
Licensing is arranged directly with the Cypher Pros team rather than through a fixed public price list, and every license includes onboarding support, ongoing client assistance, and a 30-Day Money-Back Guarantee. Contact support@cypherpros.com for current licensing details.
Who is behind Cypher Pros?
Cypher Pros publishes its leadership: Garret Myers (Chief Executive Officer), Matthew Fair (Chief Growth Officer), Ian Chamberlin (Chief Operating Officer), Victor Turcios (Relationship Manager), and Matt Myers (Dev Ops / Creative Engineer). The company is US-based with a published address in Colorado Springs, Colorado.
Is Cypher Pros regulated?
Cypher Pros is a software provider, not a financial advisor, fiduciary, or asset manager. It does not manage money or provide personalized investment advice, so financial-advisor registration does not apply to it. The software runs in your own regulated brokerage account under your control at all times.
Who is behind Cypher Pros
- Ian Chamberlin — Chief Operating Officer
- Victor Turcios — Relationship Manager
- Matt Myers — Dev Ops / Creative Engineer
How to vet any EA vendor
The best defense against bad actors is a repeatable checklist you apply yourself. Run every vendor — us included — through these checks before licensing anything.
- Confirm the results are independently verified on a third-party platform, not shown as screenshots.
- Confirm the software runs in your own brokerage account and the vendor never holds your funds.
- Check that drawdown and risk controls are disclosed as past performance, not hidden.
- Confirm the team is named, reachable, and has a physical address.
- Reject any vendor that guarantees returns or uses risk-free language.
- Understand exactly what a license includes and whether there is a refund policy.
For the full framework, read our 12-point due diligence checklist, learn how to spot conflicts of interest in review sites, and note that we are a different company from Cipher Trade Markets.

