Don't fall for the lies of this scam…
Reviewed on 2021-02-21T00:34:34
Don't fall for the lies of this scam brokerage, they are dubious scammers posing as professional brokers.The company is unlicensed and unfit to manage the investments of anyone. They bait investors with favorable benefits and incentives on their investment deals. I fell for one of their tricks and opened an account. I was given a fake account manager to handle any requests or issues i might have. The manager convinced me to fund my account with money. I invested a total of 7500 euros and waited for my money to grow.
I requested for my money after a month, to which i was asked to pay undiscussed tax charges on the investment. I was still denied access to my money after paying the fees. I started calling the manager and customer support but couldn't get any response or feedback for days. I reported them to the FCA, whom informed me about the illegitimacy of Forex Factory.
I thought i had lost all my money until i came across BermudaFinance Security, a cybersecurity firm. They helped me retrieve my money through a coin chargeback process, since i made all my payments with bitcoin. I urge you to stay away from Forex Factory. They will just steal your money.read more
Reviewed on 2021-02-18T13:54:23
It is good... better...
Forex website shows bias for vendors and not traders.
Reviewed on 2021-01-27T15:42:30
I have been with Forex Factory since 2018. It has always been a great place to hear ideas from others.However, it appears it has changed like most other platforms. Specifically, when vendors/commercial products are involved.
I recently read a post from a guy named S. Merritt who is promoting a website called MMM. I have already done a review on MMM and the concerns I had.
I was able to provide 1 post that told briefly of my experience and he responded with (what I heard) "well that was you, but not necessarily others, blah blah blah."
However, when I tried to respond to the arguments made by Merritt, the second post was removed from the forum Forex Factory would not allow it. Why, if the intent was to let others know of my experience?
Which begs the question; is this forum really here to help traders or are they here to promote vendors and many shoddy/pricey indicators?
I simply wanted to protect others from making the mistakes I have made, and warn them of "the good, the bad and the ugly" indicators being pushed out there.
In my post (that IS available) Merritt argues
"I am sorry it did not work for you, but I would hardly call it a scam as there are over 1600+ members in the Telegram group that are using it successfully, including myself."
I replied, (in my post not made available) pointing out that there are multiple vendors out there who also have Telegram rooms, but push crappy indicators.
Case in point is Pip Finite Trend Pro. He has over 2100 subscribers in Telegram, but his indicator is junk. (I know because I purchased it.) And when someone reviewed this indicator on the MQL site, (and remember, they have 2100 subscribers) PipFinite Trend Pro said this;
"PipFinite tools NEVER guarantee profits.
Our tools are used for manual trading & can be combined with different strategies. In our “Private Telegram Group”, we have a lot of members who are successful using our tools in combination with unique trading strategies the group has created. PipFinite products are just tools that could help improve your trading strategy."
Of course, he says "NEVER guarantees profits" but yet, the website says; "Lower timeframe Success Rate is higher than 65%"
Percentage is not a guarantee, but I never experienced this success rate for this 100 dollar indicator.
My point is other vendors who are successful at sales and large numbers of subscribers does NOT equate to good indicators.
I also pointed out another indicator (that was not as pricey yet also, did not work well) and they have over 8000 subscribers on Telegram. So please don't tell me many subscribers equate to a great indicator.
Another thing I pointed out was this; where are the 7000? In other words, when I was in the MMM website and they were bringing on new monthly subscribers, (at last peek I believe I saw over 7000 in the chat). So think about this- if they had 7000 in the chat, even 4000, why do they currently have 1600 in the Telegram group?
Why would Forex Factory have a problem with me pointing these things out? They may say "because you are a junior member" But they posted a couple of other posts for me? (at least for now they are still on the website)
This man going by the nic MER071898, pointing others to the MMM website is also on the payroll?
But as I pointed out, MMM does not provide any refunds for a monthly subscription. So they pretty much keep your 69 dollars and if I do the math correctly, made almost half a million dollars of our non refundable subscriptions.
I had also said this; ""Does the indicator work? A clock is right two times a day, right? I trade Forex pairs. But I had no success trading based upon their recommendations. While in their Telegram group, I did complain about getting stopped out and was removed from making any comments. This is my personal testimony to others to be careful. It is NOT worth 69 dollars a month! Not when you can build your own system and strategy for free.""
Merritt's response?
"Yes, It's called advertising. If you or I owned the business, I bet you would do the same thing to promote your product. How else do you think the companies get subscribers? Again, this software is not for everyone. If you don't follow the methods they use or if you try using it with a not so successful strategy, you will fail with it. If you come in and just complain in the Telegram group, I can understand them doing what they did. I know I would not want to hear all the negativity in a trading group. If you have complaints, take them to the owner, not complain in a trading group and ruin the vibe."
So my "vibes" and "negativity" were not good? What he rally said was "we don't need you hanging around warning others about your experiences with the MMM."
Shame on Forex Factory for not doing more to protect their subscribers.read more
Solid place to find the calendar of red…
Reviewed on 2020-11-28T12:23:56
Solid place to find the calendar of red folder news. It works really well as it is always up dated and the figures from reports are put in literally as they come out.Would recommend if someone was looking for an economic calendarread more
Albert Wang helped me quickly solve my…
Reviewed on 2020-10-10T03:00:44
Albert Wang helped me quickly solve my order problem. I've always received "superior" technical support from Electreuscapital,my "go to go" source for Bitcoin investment!read more
I invested with Albert Wang as you…
Reviewed on 2020-10-09T20:28:37
I invested with Albert Wang as you recommended and i got my first pay today. Thank you so much.
According to the Chicago stock exchange…
Reviewed on 2020-10-09T20:21:09
According to the Chicago stock exchange market,
Finding a good trader/broker is beneficial in orderto ensure a very successful trade.
I used Mr Albert's trading platform and he helped me earn profits. Hit him up +1;- !!514;- !!437;- !!1060-read more
Love their calendar i use it every day
Reviewed on 2020-09-23T18:39:02
Love their calendar i use it every day