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Forex Hercules System Review: Is it a Scam?

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Forex Hercules System Review: Is it a Scam?

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.

Full pros of trading with efficient trading robots

Here are the benefits of trading with tested and expert-backed trading robots that guarantee safety and furnish investors with reasonable ROI

  • Executes trades without human emotion

These robots offer an advantage in that they offer trading without any emotions and use raw data to speculate the markets.

Unlike humans who are likely to get swayed by human emotions, robots will only use market data to place informed decisions.

  • Fast execution of trades

The right robot ensures you enjoy fast execution of trades with ease. These robots offer a much-needed speed when executing trades.

You get a trading platform that ensures you have what it takes when engaging with the markets and isn’t slow to make decisions.

  • Accuracy of trading

The best automated trading robot has to show accuracy when it comes to performance and trading results.

With the recommended trading robots, tests were conducted and the results favored the highlighted robots.

These robots did hit a target of over 80 percent in ROI and have been doing so consistently meaning the robots are effective.

  • Dependable

Traders will prefer a dependable robot that doesn’t lag or face any issues during live trading sessions.

These experts tested the resolve of these robots in placing multiple bets and the resounding performance ensured the robots got the thumbs up.

  • Outstanding customer support

For those new to trading, customer support is essential and is highly valued by traders. You want a reliable support team that’s available 24/7.

With the selected trading robots, you get the best in terms of suppor

  • Efficient trading

Based on the parameters used by the trader, the robots will act and trade efficiently using set strategies and styles.

And this ensures every trader can take advantage of the market by infusing their preferred settings such as leverage and spreads.

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.

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.

Forex Hercules System Review, Forexhercules.com Platform

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.

Trading Strategy

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.

Founders 

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.

Trading Results

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.

Customer Reviews

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.

Final Verdict

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.

It is the only way you will make any real money. You only need to be patient.

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