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Blue Pips is an online-based signal provider that aims to make massive investment gains for investors across the Forex niche. The company looks at making investors rich overnight; however, this kind of strategy has never succeeded.
Get-rich-quick schemes rarely profit any investor, and customers are more likely to make losses rather than profit. However, we highlight some of the reasons why we do not recommend Blue Pips to any investor.
Therefore as you read this review further, you can use this tried signal provider that is set to make reasonable returns for you. Transparency plays a crucial role for any investor who is looking for a legit investment firm to invest money with and benefit profitably.
Nevertheless, any company that fails to showcase transparency should be avoided at all costs simply because of the hidden intentions, which is to swindle your money. The win rate this company promises investors is extremely, and achievable and most legit companies at least give you a win rate of 50% that most people settle for.
Blue Pips aims to provide signals with a winning accuracy of up to 80%, and this figure for any experienced investor does not make sense. Furthermore, the algorithm this investment firm uses in coming up with this figure is unknown.
Investors do not know the people behind Bluepips.com and the kind of experience they hold for you to trust any of their trading strategies. Customers may also end up not only losing their funds but also personal information to anonymous people who might even be criminals.
The company claims to be trading upper echelon, and they take the guesswork out of trading, yet the strategy used is not known. Scammers will always claim anything, and you should be watchful of such before investing your funds in any platform.
Bluepips.com urges investors the software can win more than 70% of all the trades. However, there are no past trade transactions that the software has been able to complete to prove this information.
Before investing your funds in any company, you should be able to see at least past trade transactions for some months. Investors have to pay $997 to access the services rendered by Blue Pips, and this price is on discount.
The signals are generated and sent to investors through telegram, and you can access the software provided you have an internet connection anywhere. Furthermore, the time frame they use is not known, and this kind of investment is risky.
You may also end up dealing with unregulated brokers while trusting the signals they provide, and this has never been profiting to any customer. The time it takes for investors to make a profit is also not known, and this is a major red flag.
Furthermore, if the vendor is unable to provide any third party evidence to assert past transactions, you should avoid such at all costs. The company aims to be suitable for every investor, yet they do not have any training materials.
Blue Pips support copy trading, and you can use expert advisors and use the same winning trade to make profits for you. They also do not support live trading, and no demo account has been provided that you can use to set up a winning strategy or test the signals before using real money.
You should be allowed a trial period of at least one month or more for you to test the credibility of the software. The company also has a bad reputation all over social media, and clients claim to have lost money, and the result is not likely to change when you invest.
Blue Pips has fake testimonies and videos of allegedly happy investors seen to be thanking the company. Scammers use this kind of technique as an attempt to swindle your funds, and no profits are being made.
You should also be able to see trade links of the winning trade before trusting any of the testimonies you see. Fake testimonies are shared and the names used do not even match the people whose images are used.
Moreover, you may be shocked to find out that the alleged customers do not even know of the company’s existence or their names being used. Legit testimonies will always picture a trade link that you can use to confirm the results claimed by the customers.
Furthermore, they are customers who are complaining all over social media that they have lost money from this investment firm. The result is not likely to change once you fall for this catch.
Regulation and Customer Support
There is no location information regarding the whereabouts of the founder of the people behind the Investment firm. In case you have lost money in this account, reaching the company is an impossible task; this is because they do not reveal any address.
Working contact support plays a significant role in helping investors pick the right platform to invest with and gain reasonable returns. Furthermore, regulated platforms are more likely to keep your family safe and secure.
Regulated platforms also showcase a high level of transparency, and you can easily verify the credibility of the information they provide. Different countries come up with measures to protect their citizens from scammers, and they have to give investors regulated services.
Unregulated companies easily break the laws whenever they choose to, and they do not last for long in the market. The platforms may easily disappear with your funds, and once this is done, your details are blocked from accessing the forum.
Regulated companies showcase a high level of transparency, and you are more likely to earn reasonable returns on such platforms. Blue Pips have a very shady method of operation, and they even fail to offer regulated services to investors, and this is a major red flag.
Blue Pips founders are unknown, and the safety of your funds is not guaranteed. The company also does not have a demo account that you can use to test the credibility of the signals generated first before dealing with real money.
There is no evidence of any withdrawal any customers made. They are mainly focused on your deposit rather than the company’s performance. The company does not seem to be paying any customer, and you are not likely to earn a single coin from this investment firm.
Moreover, the company has a bad reputation all over social media, and it will be a horrible idea to trust them with your funds. You should be able to see past train evidence of at least three months of more before investing in funds in any platform.
Blue Pips may quickly go against the trading guidelines, and such an investment firm is not trustable. Legit investment firms showcase a high level of transparency in the method of operation in the kind of algorithm used in making profits for investors is unknown.
There is no demo account to test the credibility of the robot or set up a winning strategy. However, if you’re looking to make profits, you should use regulated signal providers will make significant sensible profits.
The platform exposes many scam characteristics, and you do not know the kind of returns to expect. Furthermore, the package is exceptionally costly without the demo account or any past trade transactions that have been completed successfully to earn your trust.
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