Forex Hercules system is a Forex trading software that provides trading signals. The developers of this software promise to provide accurate and high yielding signals to their clients. Additionally, the software can perform automated trading for users.
The company vows to make clients profits they have not seen anywhere else, and this is common with Forex companies. Investors are always looking for the perfect system to improve their trading and make them rich. That is why such companies will start their sales pitch by promising high returns.
However, not all companies in the Forex space can be trusted. They are only in it for the money. That’s why thorough research is needed to ensure a company is legit and can deliver on what they promise.
You have to ensure that the people behind the system are identifiable. In this case, this Forex tool is a product of Rita Lasker and Green Forex Group. Rita Lasker is a popular name in the Forex space. She is known for the release of new Forex trading tools every three to four months. Sadly, not all of them have a good reputation.
The question is, how reliable is the Forex Hercules System? This review will let you know if Forex Hercules System is worth investing in.
However, to save yourself some trouble, invest only in the best Forex trading robots that exist. Such companies will give you consistent returns without compromising on your peace of mind.
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Forex Hercules System Review
The website for this company is clogged and does not seem to be operated by professionals. There is too much information that novice traders may not be able to decipher. The company should do a better job of keeping its website clean.
However, we were able to gather the details for you. The first thing the company wants you to believe is that they can make you more than 4000 pips in a month. It is just bogus. No real company can make you such returns in the Forex market. They only promise such high returns to lure gullible people into buying their products.
Moreover, information from people says that the software does not feature trailing stops. Therefore, the software has no mechanism to minimize losses. There is no way they should promise you these kinds of returns.
Furthermore, someone who has such a profitable system would not sell it at $99. Make a wise decision and stay away from this company.
The company claims its software works well with all major currency pairs. Additionally, the software works best under the M15, M30, and H1 timeframes. They claim these timeframes are ideal because they allow the software to avoid market noise that could distract it.
Further, the firm guarantees the robot’s performance and offers a 30-day money-back guarantee. However, a client complained that the company delays refunds to let the 30 days pass. This is such a sketchy way to operate a business and is a major red flag.
It is always worth looking at the trading strategy of a Forex robot. This will tell you whether you can expect the returns promised by a company.
In this case, the company claims that hey use three separate indicators in their trading operations: the trend indicator, the power indicator, and the decision making indicator. The trend indicator monitors the strength of the current trend. The power indicator measures the decision-making ability, and the safety indicator ensures trades are exited safely. The company believes this is the perfect combination for profitable trading in the Forex market.
However, the company does not provide much insight into the working of these indicators. The description featured on the website is very vague and does not tell us anything. They only say that indicator locates impulse movements and demonstrates their course. They say this allows for trend detection during the formation phase.
Professional companies will always do a better job of informing their clients. Investors still want to know the inner working of software before they buy it. Furthermore, it would make the purchasing decision much more comfortable.
According to the website, a group of 12 individuals is behind this product. However, the common name featured on the website is Rita Lasker. This is not a new name in the Forex space. Rita is the developer of many other Forex trading tools. She is known for releasing new tools every three to four months.
The problem with this approach is that once she releases a new product, she ditches the old one. This means the software remains behind in terms of market strategies. At this point, the systems are no longer reliable.
It would be much easier to stick to one product and improve it with time. That way, clients get the full benefits from a product. Moreover, there is no real person behind the name of Rita Lasker. The picture featured on the website is a stock photo. Anyone can buy and use it however they like.
There is no way we can trust individuals that go to such lengths to conceal their identities.
Here, we encounter yet another red flag. The developers of this trading system do not provide trading results to back their claims. There are just a few screenshots featured on the website.
However, this won’t cut it for us. We need to see results from real trading accounts. Moreover, the results should be on a Myfxbook account for reliability.
It takes only a few minutes to upload trading results on a third party website like Myfxbook. We do not understand why this company does not do that. We suspect they do not have any tangible results to showcase the performance of their system.
The company promises very high returns. The least they could do is provide a verifiable performance record. As they stand, they cannot be trusted to deliver on their promises.
There is always a better way to tell whether a product is worth your money than listening to the people who have used it. In this case, Forex Hercules System has an abysmal rating on Forex Peace Army. The company has received a 1.574-star rating out of 5.
Additionally, most of the clients have complained that the software does not perform as advertised. As if this was not enough, most people have also said the company was unprofessional in dealing with their queries. They have said that the company has gone days without answering their emails. Moreover, when they respond, they provide no real solution to their complaints.
It is always advisable to do yourself a favor and listen to the people who have tried the system. The company has nothing to offer you; they are only after your money. Run while you still can.
At this time, it is safe to say that this company cannot be trusted. They lack transparency in the most critical aspects. Moreover, they have gone to extreme lengths to conceal their identities. Even worse, they promise high returns that they cannot deliver.
For these reasons, we do not recommend this company to you. They will exit the market after they take your money. Use only the best Forex trading robots in your trading. It is the only way you will make any real money. You only need to be patient.
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