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Experttradings247 Review: A Questionable Forex EA to Avoid

Experttradings247 Review: A Questionable Forex EA to Avoid

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Experttradings247 is a company that presents an opportunity for investors to earn digitally. However, this platform has received multiple complaints, and we believe that it is not legit. They are promising investors’ constant profits, which we all know it is not achievable.

If you join them, they guarantee that you’re going to make huge profits. They additionally claim to have thousands of existing clients. The company promises that they are going to connect you to reliable and secure brokers in the industry.

Moreover, they also brag of having multiple trading tools that can help you to become a professional trader. Their firm was meant to assist traders to invest wisely. The trading tools this platform will allegedly assist investors in opening trade and set the limit of profits that they want to achieve.

Unfortunately, Experttradings247 is not a reliable investment platform. The company lacks a trading history as they are only a few months old.  Despite this factor, this company project very high statistics.

Experttradings247 Review, Experttradings247.com Platform

They claim to have over 9K active accounts as well as trades. Additionally, the entity state that investors have withdrawn over 7 million dollars. It raises suspicion on how they would have achieved such an outcome in such a short duration.

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The information is false, and they are lying to win over investors. You should stay away from such companies to avoid losing money in the process. Security measures that the platform has put in place is allegedly the best. They have a DDoS and SSL certificate; unfortunately, this will not stop them from stealing from you.

Experttradings247.com Review

The platform views itself as the fastest-growing company in the industry. The entity is trading various assets like cryptocurrency, Forex, shares, commodities, indices with CFDs.

The company claimed that it is comprised of an expert team in various fields. They have financial analyst software engineers and designers. All of them have one purpose, which is to transform the way the public views cryptocurrency investment.

Experttradings247 believes that they have the best team, which assures investors they will develop the best trading strategy and pips.  The platform has experienced professionals. Unfortunately, this is just another method to win your trust. Always invest with  legit investment Forex software in the market.

They do not present their legit team to the public. We fail to understand why such a platform would not credit the people dealing with investors’ funds. The company claim that they have a trading software. To manage their risk, they rely on the trading software as well as their experts.

Experttradings247 brag about their automated binary trading bot. You do not have to trade manually, and you can rely on this system to conduct all your trading activities. You only need to click a few buttons, and you are good to go. Additionally, The venture is trading over 114 forex currency pairs.

Experttradings247 promises investors that one they make the deposit, their money will start building profit immediately. They do not speak about the risk; therefore, we do not know how they make them magically disappear.

Leverage and Spread

Experttradings247 offers spreads from 1.0 pips. Nonetheless, the platform also states that the spread can be different, considering the account type and the asset that you are trading.

The platform promises investors leverage of 1:400. We have informed investors continuously that in case you do not have a high-risk appetite, you should refrain from high leverage. This is because you can make huge losses if you are not used to this type of trading.

Investors should therefore stick to regulated entities that are safer to trade with. The company has a trading lot of 0.01 for those who want to start slow.

Customer Support

You can contact the support via email or on their live chat. The company boasts that they have a swift responsive support team. They are always ready to help in case you have any questions.

They claim to have an office address in two separate areas. One of their contacts is it Miami Riverside center, 444 SW 2nd Ave Miami, FL, 33130. However, we have doubts, and we believe that this is an offshore entity that is purporting to be located in the US.

Investors will not have a good experience when dealing with this platform. Therefore, invest with reputable companies that are reliable and will keep everything professional.

Regulatory Status

Experttradings247 claims to be located in the USA. We all know the strict measures that this country has put in place for investment platform. This is the reason that majority of the ventures are not based here.

They are not in the database of NFA or other regulatory bodies in the market. The platform is only bluffing, and they try to cover up for them, not having a license. The company has vast risks, and you should not engage with them.

Withdrawal and Deposit

The company does not limit its investors on the amount that they can deposit. We do not know which is the equivalent amount that we should categorize as the least deposit. They are accepting funds via cryptos.

When it comes to the withdrawal requirements, the platform does not offer any information. It shows that their only interest is the money that you deposit. You will never cash out from this entity. The platform is charging an inactivity fee of $30 if it takes 36 months before trading.

Additionally, if you do not have any money in your account and you don’t trade for one year, they will close your account. Nonetheless, the company also clarifies that they can charge their term and condition as they please.

Engaging with such an entity will only end up messing your investment. There is nothing good that will come out of this platform; therefore, stay away. They have left out much important information and indicate that the firm isn’t worth your funds.

Clients Feedback

The company does not have any existing feedback on any third-party website. The only testimonials are the ones that they have featured on their platform. We do not usually rely on such information because most investment entities manipulate the information they present.

According to these reviews, Experttradings247 is being praised for having the best customer support in the market. Additionally, the statement also claims that they have received a huge amount of profit after venturing with the entity.

They are recommending the services of this company to every investor in the market. However, everything is point blank, as you can see, the testimonials are cherry-picked. Therefore, it’s hard to trust this venture.

The entity is also using stock images, and there is no social media platform that is attached to these comments. Investors should be very keen because scammers are very tactical. You will not enjoy protection from the government. If the platform exit the market, then you will end up counting losses.

Final Verdict

Experttradings247 is a company that raises questions on its legitimacy. They promised investors all sorts of good stuff. However, when it comes to verifying their claims, the company does not do much. You should not build your hopes high when you encounter them in the market.

The company is not regulated, and they expose their clients to huge losses. Investors can trade using legit investment Forex software in the market. We do not know the founder of Experttradings247 or their team. They also don’t show their trading results. The only income coming on their website is the money you deposit.

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