ForexTrade1 Review Forex Trade 1, Scam or Legit Trader Find Out Here!

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Consumer Reviews

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 3-6 Months

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Service use: Other

Length of use: Have not used

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: over 1 Year

Guys this is a very well run scam, This guys went out of their way and worked super hard to seem legit by uploading content on youtube and telegram promising very good returns on your investment but its all fake.

Their trick is that before using any of their services you have to pay an advanced fee first and thats how they make money from you.

After collecting money from you (the advance fees) they give you very shifty service and when you try to ask questions they simply ignore you.

Especially the copy trading dont fall for that at all as thats their most attractive service but please Believe me when i say this, those trades you see executed on youtube will NEVER EVER EVER . be executed on your account.

Word of advice if you want something done right you have to do it yourself. so make the effort and learn how to trade on your own

ForexTrade1.com Review Visit site

Live discussion

Join live discussion of ForexTrade1.com on our forum

Video

Your company video here? Contact ad sales

Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 3-6 Months

Service use: Other

Length of use: Have not used

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: 0-3 Months

Service use: Live

Length of use: over 1 Year

Guys this is a very well run scam, This guys went out of their way and worked super hard to seem legit by uploading content on youtube and telegram promising very good returns on your investment but its all fake.

Their trick is that before using any of their services you have to pay an advanced fee first and thats how they make money from you.

After collecting money from you (the advance fees) they give you very shifty service and when you try to ask questions they simply ignore you.

Especially the copy trading dont fall for that at all as thats their most attractive service but please Believe me when i say this, those trades you see executed on youtube will NEVER EVER EVER . be executed on your account.

Word of advice if you want something done right you have to do it yourself. so make the effort and learn how to trade on your own

ForexTrade1.com Review: Is forextrade1 Scam?

ForexTrade1.com Review: Is forextrade1 Scam?

5 Comments

Last Updated: Aug 5, 2020 @ 11:25 am

ForexTrade1 is a self proclaimed ”fastest growing US, UK and Singapore Forex trader and advisors”. However, the website provides a signal service that promises to grow traders accounts quickly, and provide solid financial advice so their clients don’t have to gamble. They promises of weekly returns varying anywhere from 40%, to 400% per week. These numbers are extremely high, and unrealistic, which makes it imperative that we do a full review of this service today. We have reviewed many different kinds of similar services before and have never came across a legit trading service that provides these returns on a consistent basis. So there is a chance that any trading service that promises 40% or more a week is a scam.

Click this link to find out which trading products are the best.

The service is owned by FICM Consultancy Services, located in London. The team first started the project in late 2020, and according to the sales page now have over 47,000 followers, and 4000 paid clients. In most of their social networks, it seems as if they had quite a few robots following them, because there is very little real user interaction. We also find it very hard to believe that the service has 4000 clients given the fact that there are very few client reviews online.

In order to get in touch with support, traders can email [email protected] or phone +44-208.133.0612 or WhatsAPP +971-50-173-7587.

ForexTrade1 Review

ForexTrade1 wants the community to understand that it is imperative that a company or an individual be aligned with the ever-evolving and dynamic forex market. Involvement in Forex Market demands concentrated and highly dedicated personnel to monitor this market. We at FOREXTRADE1 are dedicated towards enrichment and betterment of clients financial welfare and towards the society as well.

�� Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2020! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020 . If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

We are a leading Global company with over 10 years of experience with great proven leadership and a visionary management team. ForexTrade1 is dedicated client-centric company with a promise to provide best-in-breed post-sale service and financial advice. By focusing on its customers and core businesses our mission is to generate greater returns for our investors and partners and clients.Our first impression of the ForexTrade1 website isn’t all that positive. The design is acceptable, but there are certainly quite a few spelling mistakes and grammatical errors that make the service come across as unprofessional.

We are told that the creators of the service have over 10 years of experience in the Forex marketplace, but we are not introduced to any of their signal providers or trade analysts. So, we really don’t know who is providing the signals, which obviously leads to more skepticism. The vendor needs to provide these details, if they want to be considered as one of the best Forex signal providers in the marketplace.

Trading Strategy

The ForexTrade1 team provide little to no information about their trading strategy. They tell us that their recommendations are based on technical analysis, and that there intra-day in nature. Outside of this brief sentence, there is no information about the overall methodologies. It is obviously concerning and difficult to sign up with a Forex signal provider it doesn’t provide information about their trading approach, or information about any of the traders providing the signals. These are essentially to the most important elements, and they are missing.

Instead, the vendor introduce us to their skills in 4 categories,“Maths,” “Planning,” “Discipline,” “Tenacity,” and “Ethics.” This section adds very little to their credibility, as they are ranking their own skills. This is not done by third-party.

Upon further review, it’s come to our attention that the vendor does use multiple strategies. These strategies consist of martingale, level trading, trend trading and hedging. Though, the vendor doesn’t elaborate on any of these strategies either. Instead, they provide trade samples, which is better than nothing, and more than we see from other recent reviews of High Pro Forex Signalsand My Forex View. Signal Analysis, Type: Forex Signals, Price: $2500, Strategy: Martingale, level trading, trend trading and hedging, Signal Frequency: Undisclosed.

The analysis section is usually very straightforward, but much like the other elements of the ForexTrade1 service, it’s convoluted. They don’t provide any direct pricing information. Instead, when you click on any of their plans (FOCAL 500, Premium 1200, Platinum 5000) you get a pop-up the tells you that you have to “ask in telegram” or “ask in whatsapp” to find out the price. With this pricing model, the vendor is likely gauging a clients interests, and then charging them as much as they believe they can get. In going through client reviews, the most common price is a flat fee of $2500, which is absolutely insane.

The vendor doesn’t disclose how they provide signals, that you can go through their track sheet manually if you can figure out how to navigate it, to try and come to some sort of conclusion there.

Trading Results for ForexTrade1

The trading results are very confusing. There are provided in Excel, screenshots from clients, it YouTube videos or from sample trades they’ve uploaded to a section of their website.

While we appreciate the fact that they are providing multiple options, it doesn’t help that none of these options are verified. The vendor has little control of every type of results they provide the community, and thus they can manipulate and cherry picked whenever they see fit. The vendor needs to upload their trading results to Myfxbook and get their account verified.

Client Feedback

The client feedback is quite scathing, as many of the ex ForexTrade1 clients claim that it’s a fraudulent scam and we are inclined to believe these reviews.

Our best advice for you

At this point in time, we see no way that we could possibly recommend ForexTrade1 to the Forex Robot Nation community. The negative client feedback is really difficult to ignore, and the vendor doesn’t have any verified trading results to prove otherwise. Obviously these are aspects that can be rectified by the vendor, and when they are, you will reconsider our position. If you have anything you would like to add to the review, please leave your questions and remarks now. Otherwise, we still believe that these trading products are the best you can use for your trading.

Why does ForexTrade1 run a scam service by taking money from honest traders and giving them daily rubbish signals with unreachable entries?

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In general you may as well ask why does a thief steal?: because that’s what a thief does.

Scammers scam because they find ‘punters’ who will pay them. Con-men find people to con. It’s what they do and as long as there are people to fall for their trickery, they will keep on doing it.

I have been scammed, conned, stolen from. Call it what you will. Just make sure that in future you look for the ‘signals’: they are always there.

Bernie Madoff scammed millions: what was the ‘signal?: unbelievable returns were promised. Although I am unfamiliar with the company you mention ask yourself “What do th.

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Learning to trade in the Forex market may seem intimidating but ForexSignals aims to help traders get started before they know all the ins and outs of trading. ForexSignals provides professional Forex signals and services to investors worldwide. These signals are delivered inside the free Forex trading room as well as directly to their clients’ accounts. The reports inform the trader when to buy, when to sell, and when to absorb the loss.

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