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Carnivore Trading Review: Another Unregulated Platform

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Carnivore Trading Review: Another Unregulated Platform

To mirror real-time trades is what Carnivore Trading (carnivoretrading.com) claims to offer. However, those who bought the subscription are unhappy with the results. The copy trading system is a total failure, and CarnivoreTrading disagrees. There are no credible results from the platform that, indeed, accuracy is there. We have disgruntled members who want transparency from the platform. The founding members and staff members are nowhere to answer queries. Here’s more in our detailed CARNIVORE TRADING REVIEW.

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About Carnivore Trading

Carnivore Trading introduces itself as a trading subscription service provider from the about us page. The platform claims to have two experts with 50 years of experience on Wall Street.

Carnivore Trading Pros and Cons

These are false claims as the platform fails to mention who these founders are or their actual names. The platform seems to be operating in limbo as their subscription fails to meet our criteria.

Accuracy is important when it comes to live trading news. Unfortunately, the platform’s data is slow and risks your trading. There’s reason to believe their algorithm is way below par when it comes to trading.

No one is talking about the delays in the alerts that come from the platform. The projected income from their trades is also a huge issue. It seems the platform will project a high income with all alerts.

Receiving real-time texts is not something new; the industry has plenty of those. The trick is to use the best provider who offers accurate results. Sadly, carnivoretrading.com is not that provider, and you will likely lose with them.

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Experts will recommend that you do due diligence before embarking on any investment. And that means checking to see the experiences of other users on the platform. That will give you an idea of what to expect from that particular investment option.

Advantages and Cons of Carnivore Trading

You have to weigh the pros and cons of any online service provider. We can tell that the platform praises itself as the best alerts provider from the word go. Luckily, none of their attempts to fool us succeed.

We know how to spot scams thanks to our years of investing and trading. But, there’s a reason no professional trader wants to subscribe to their services. If the platform were that successful, we would all sign up.

The accuracy percentage shows 100 percent success in all alerts. And this is something that makes us question the entire program. No expert or robot can achieve such a high successful margin.

With market volatility, the prices of commodities rise and fall without warning. And that’s why making 100 percent successful trades is impossible. You are bound to make losses at some point, which the platform neglects to mention.

We rather hurt you with the truth than comfort investors with lies. But unfortunately, even the most successful trader or algorithm makes losses. And that’s why there’s a need to partner with a real trader and a robot for a successful trading experience.

Accounts and subscription Carnivore Trading

Accounts Carnivore Trading

Carnivore Trading only accepts one account for all. There’s a free 14-day trial that you have to pay first. The platform won’t allow you to test their accuracy for free. Unlike a free demo account, the platform will insist on a deposit first.

And that’s another problem as you would expect such platforms to offer free demo accounts. You don’t expect to pay to test their platform. So even a 12-hour free program is enough to determine the accuracy.

The platform doesn’t want that; instead, the platform wants to rip you off as the days go by. Plenty of investors have sued the platform for failing to meet their promise. There are several issues with their alerts.

Members also pay different amounts for the services. You will notice that the platform fails to mention available subscription fees. That’s done to take advantage of naïve investors. Instead, the platform wants you to deposit as much as possible.

After depositing funds, there’s no money-back guarantee. And that means it’s the last you will see of your funds. So even if you cancel the subscription after a few minutes, the platform won’t refund you.

Accuracy of carnivoretrading.com alerts

There’s no accuracy as the alerts come either late or totally inaccurate. All you get are high profit estimates that the alerts projects you will make. These are mere false signals that the platform sells to traders.

We must expose the accuracy level to investors who think they have found a gold mine. Unfortunately, the platform is only looking to get money from your subscription. Most of their alerts are from copy trades that don’t actually take place.

Assets and trading instruments

The platform covers four trading instruments on its alert system. These include commodities, forex, indices, and stocks. You get alerts from these leading commodities such as coffee, cotton, gas, etc.

Forex trading happens to be at the core of the subscription list. You get alerts from major and minor currencies. We have a huge problem with the accuracy, as indicated above. The platform is way off with some of its alerts.

Business holder

These are false claims despite claiming Dutch, Trader Z, and Swamp Donkey as founders. None of these people exist in real life. That’s why the platform chooses to use pseudonyms. The actual owners don’t want any recognition from users.

And that should be another pointer to stay away from the platform. If it were that successful, the owners would get recognition from the trading community. In today’s world, it’s easy to pinpoint who creates a successful platform.

It makes Carnivore Trading an anonymous subscription service provider. So naturally, you don’t want to invest with an anonymous platform. Furthermore, there’s no way of recovering funds from such a platform. That’s why investors are having a hard time trying to recover funds.

Hiring recovery agents don’t help much. These agents are part of the scam. You don’t get to earn even a penny as these agents are part of the scam. The agent will claim to have won a legal suit against the platform.

All you need to get part of the settlement is to pay legal fees. Why wouldn’t they charge from the settlement won? These agents are the final nail in your coffin. The agents partner with the platform to steal from investors.

Are funds safe? NO

Client testimony

You can see that the homepage has several positive comments from what seems as members. These testimonials are not genuine, and most are from paid actors. An actor is paid to do or say anything to earn a quick buck.

Contact and support

Don’t expect any contact or support from the platform. There’s no way the store provides ample support to investors. You realize there’s no live chat or a possible way of contacting staff directly. The store intends to control the communication process.

Deposit and fund safety Carnivore Trading

Your funds are far from safe with a platform that doesn’t guarantee safety. The platform doesn’t offer money-back guarantees and fails to protect your interest. That’s why we have to expose their false subscription services.

License and Registration Carnivore Trading

Carnivore Trading is not a licensed or regulated platform. So please stay away from it.

Is Carnivore Trading Licensed? NO!

Our thoughts

You will lose funds and time after subscribing to carnivoretrading.com.

PS: Choose the best investment options that enjoy the backing of the trading community.

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