Exact Trading is an online-based platform that aims to take investors to the next level by investing in price action trading. Investors are introduced to the platform via a video that features a man who claims to be a banker with experience in the trading world for up to 30 years.
However, while writing this review, we discovered red flags that lower the customer’s trust in the company. The video appears to be made up, and he claims to have been working in similar buildings as the one is standing in front, which has no relation to Exact Trading.
The person appears to be convincing investors to share their emails in exchange for a report on information they need to know about Trading. However, you’re sharing your data with anonymous people as he only cleans his name is Paul, yet this is the only information about him.
He boasts of having top-notch experience though there is no visible evidence that you can use to verify this information. This kind of allegations are common among scammers, and you should be careful not to fall for the catch, or you might end up making massive losses in investment funds.
He also claims to have a team that works with him, and they also have qualified in generating similar services. Furthermore, if any of these allegations are correct, then they would not hesitate to reveal the same evidence on the sales page and the customer’s trust.
The company aims to provide Forex trading through a professional banker. He also claims that he is confident that you will enjoy his techniques, which has been able to gain in the past 30 years of work.
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Investors have to fill in the email and access the services rendered by exacttrading.com. Yeah, just investors that while looking for Forex mentor, they need to pick on people who understand what they are doing.
However, if you’re looking to make profits, you should invest with legit Forex training platforms to boost your Forex knowledge through the tried-and-trusted strategies. He has some trading slips which he claims are the past transactions he has completed.
Exact trading.com sales pitch is poorly presented, and the company uses screenshots that you cannot even clearly see of the resulting trade. They showcase much murkiness in the method of operation, and these screenshots are just made up, and no profits are being made with this investment firm.
The company would have at least provided customers with MyFXBook graphs, and this would easily earn the customer’s trust. This investment firm exposes multiple scam characteristics, and any experienced customer in the trading world will avoid the platform at first glance due to the same.
He claims that the trades are caught live on his Twitter handle, and any investor can join and start trading with him through his “profiting journey.” He urges customers that his price action is similar to the one used in Banks; they do not have any guessing or predicting and no lagging indicators.
The company may easily tempt newbie investors who have no prior knowledge in the trading world. Customers are provided with a course they can use for Trading; ‘Forex Uncensored’ and it features over 27 videos to help in his Price Action Trading.
This training video helps customers to understand the in-depth Forex trading. The founder has written articles on his trading career, which is also said to help you boost your strategies and earn passive income.
The returns you expect are unknown, and also you risk dealing with and regulated brokers for expecting to make profitable returns. The kind of algorithm he uses is unknown, and you risk trading with strategies that may not be entirely rewarding.
The use of fake testimonies is common among scammers, and you should be watchful before investing funds based on testimonials you see. Paul Langham provides investors with screenshots of allegedly happy investors who have made returns from his trading strategies.
Most Ponzi schemes will provide at least stock images of customers they claim have made a profit. However, the case in Exact Trading is different since they use screenshots that are not even visible of customers seen to be thanking the founder and other people inclusive.
This testimony is that the founder provides on his website has no trade links to the resulting trade. Legit testimonies always feature a link that you can use to verify their customers made the profits.
Exact Trading is not safe for you to invest your money with them simply because the kind of algorithm used for Trading is unknown. You do not know the type of qualification the founder and the team holds, and this is a major red flag not trust the company.
Besides the name of the founder and the allegations that he was a banker, there is no information to verify he has any past trend experience, and you do not know the kind of bank you were working for. You should also be able to see banking information before investing your funds in any platform to guarantee your money is safe.
They do not have any past trade activities that you can verify his strategies are making profits besides the shady screenshots. You should also be able to see evidence of successful payments that have been made to investors before risking your money.
Regulation and Customer Support
Exact Trading customers can only reach the platform for assistance through a section of chatting beneath the website. However, you’re not guaranteed a response, and you may end up dealing with your queries regarding the Investment firm.
Working contact support is very crucial while picking the right platform to make profits for you. Regulated platforms showcase a high level of transparency, and you can easily find this information, and this is a sign of genuineness in the Investment firm.
Unregulated platforms do not last for long in the market, and they quickly go against the set laws. There is no information regarding the founder’s whereabouts or the team of employees, and this is a major red flag not to trust the company.
You should easily be able to see regulatory measures that the company has undertaken, and this information should easily be verifiable. Therefore it is essential you invest with regulated companies; this is because they’re more likely to secure your money.
Exact Trading was registered in 2003 December, and the registration expires in 2020 the same month. The domain name for the Investment from his exacttrading.com. The registrant is Paul Langham, who is situated in Brussels.
Exact Trading has a very shady method of operation, and you do not know the kind of returns to expect. They also use shady testimonies, which are not even clear, and the sales pitch is poorly presented to earn your trust.
Furthermore, customers risk dealing with an unregulated company. It is because they fail to reveal any evidence to prove otherwise. The safety of your funds is not guaranteed in this investment firm because they do not provide any banking information, and data regarding the team of employees is also missing.
Therefore you should use legit trading platforms to make reasonable returns for you through their tried-and-tested strategies. The founder does not provide any evidence of the alleged experience he boasts of having.
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