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Forex Holy Grail Review: Forexholygrail.net Is it Worth It?

Forex Holy Grail Review: Forexholygrail.net Is it Worth It?

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Forex Holy Grail (Forexholygrail.net) review is here after some disturbing comments from investors. The indicator is selling for a whopping $597 and begs the question, is it worth it? These are some of our findings after our experts investigated the platform. The indicator comes out as a real game-changer, but, it gives false hope. From what we have learned, this indicator is all claims but no results. And this is why investors need to read this entire post to find out the truth.

Forex Holy Grail Review

About Forex Holy Grail

The platform has a long story on how the indicator can make money. They have posted an image of ‘Top Secret’ which tries to convey the importance of this indicator. The sad truth is that the owners of this indicator are not known. And this makes buying such a product a risky move. The few members who dared to talk to us are ruing signing up with the platform. And this is why we have to share this post to avert damages. The platform is operated from an offshore location, making it anonymous.

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Forex Holy Grail is far from being the perfect trading tool for any class of experts. The robot is on course to steal funds from anyone who buys them. After downloading the indicator, some claim the developers took over control of their PC. And this could mean the developers have hidden a backdoor to access files from your PC. It means this is not a real indicator but a platform that mimics one. It is why no one should sign up with this platform or else risk losing their entire deposit.

Alex Nivosky, the Developer

Alex Nivosky is the person who claims to be behind this platform. Going by his name, we suspect he is from Russia hence the security issues. Most of the established and new developers in Russia have not heard of this platform. Furthermore, we just see a name and no image to match the name. There are no videos of the developer selling his merchandise anywhere on social media. His social media handle has been dormant since 2017. There has been no update, which is proof of the platform’s scam features.

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He claims that he has been a long time forex trader and borrowed his strategies from other traders. On his homepage, he mentions that some of his strategies are derived from established traders such as Ralph Elliot. And this is where he claims that his theory works and is willing to sell it for over $500. He has gone ahead and guaranteed a winning rate of 80 percent and makes other bold statements. One of his most significant selling points is that users can recover the cost of buying the software within a month.

Comments from users

We have seen some positive comments from users who claim to have used this indicator. Other quarters claim that Alex is posting these testimonials under different personas. The homepage comes off as a pure marketing gimmick meant to drive sales. There are no real results to prove that the indicators work. And this is where we have a problem with this platform. It is only selling empty claims with no facts to back them up. Alex and his team remain unknown, which is another cause for alarm.

Domain details

A look at the domain details reveals that the website went live on 9th September 2011. It is over nine years old and has over three registrars. The domain details also show that IP history has undergone eight changes over the past nine years. It means that the site has probably changed ownership. This is terrible news as it means that the developer bought the website to try and buy his online reputation. One might think that he has been in the indicator business for the last nine years.

Features of Forex Holy Grail

The platform claims to trade in all currencies and any timeframe. There is a 30 and 60-day money-back guarantee. And this is a problem as the website remains unclear on which money-back guarantee is available. They claim to offer detailed instructions and full-time support to users. There is also a manual trading feature that has been posted on the platform. Users get the promise of indicators and templates as this platform works on the MT4 trading terminal. These are some of the features we saw on the indicator.

License and registration of Forex Holy Grail

Forex Holy Grail is not licensed or registered to offer any trading products or services. Their servers are located in the United States, which prompted our search there. After asking the concerned parties, the regulators claim not to have heard of the indicator. Both the CFTC and NFA have not given Alex and his team the green light. And this spells doom for anyone who buys the product. The money-back-guarantee feature will not stick as the platform fails to get regulation.

An indicator that is not compliant with industry regulations is terrible news. They have also failed to mention that they are under no regulatory jurisdiction. Failure to inform users means they are openly defiling trading regulations. There is no terms and conditions page on the entire platform. Users are signing up blindly on the platform, which is terrible news for investors. There are rogue online platforms, and this one is up there. It is better to use industry-recommended robots than tools that fail to get a license status.

Limits of Forex Holy Grail

Price of the Indicator

Forex Holy Grail is selling at $597, which is way above the expected price of a real indicator. There are no special features that will warrant the high asking price. The indicator is also not proven to produce the expected ROI. There are no users who have come forward and posted the results of using this indicator. And this is where we have a problem with mainly due to the high price. Naïve investors buy the product expecting to get back their funds within a month. Before they know what hit them, Alex and his team disappear.

Support from the team

Expect no support from this indicator as there is no live chat. Users have to click on a given link, which takes them to a contact page. The contact page is somewhat vague as it is a place where users leave their contact details. And this could be an indicator that the site is doubling up as a platform for harvesting data. Why would they ask users for their email and phone number? They fail to leave their contact details and yet expect investors to leave their information. It is why we believe that Alex has a hidden agenda.

Results and strategy

Forex Holy Grail Results and Strategy

What is funny with the results posted on the website is that they are screenshots from the MT4 platform. These results are from a single month, which means Alex fails to update the results. These could be handpicked results intended to drive users to sign up. It is the reason why no one should sign up with the platform. The results seem doctored, which means the indicator might fail to live up to its expectation. And this is why no one should sign up with this platform as it is dead.

Scam or Legit Forex Holy Grail

Forex Holy Grail is a platform with no security of funds, which makes it a scam. There have been no results posted for several years, which means the indicator is not working. None of the members who claim to have won have revealed the results. It seems that Alex has also doctored the testimonials on the homepage. And this is why no one should sign up with this ridiculous trading platform. It is a complete hoax and will not achieve the expected 80 percent ROI

Bottom line

By adding this platform to our scam blacklist, we will ensure that our investors stay safe at all times. Ensure you ignore any attempts or calls from the platform. These calls will lure you into buying the product only to find out it is far from perfect.

Choose authentic forex trading robots with a perfect trading record. These tools have been tested and show a realistic profit margin. The tools protect your investment and ensure a win-win situation exists. It is what successful traders have been using to get ahead in the trading world.

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