Menu Review: Is Forex Signals and Invest Scam? Review: Is Forex Signals and Invest Scam?

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We are reviewing a group that claims to have 10 years of combined experience in Forex trading, Forex Signals and Invest. This team is allegedly comprised of 5 people who work together and don’t get emotionally sick, so your trades will always be free from errors. These guys tell us that they will send us 4 signals every day through Whatsapp and Telegram. Besides this, they are offering free Forex signals if you deposit $500 with their recommended broker. This is something that is quite popular on the internet today. Signal vendors make their commission when you place a deposit with their brokers and so they don’t have to charge you additional fees unless they are extremely greedy people.

The other service which Forex Signals and Invest is managed accounts. One has to create an account and login into the members’ area in order to discover how much deposit they are accepting for their managed trading accounts. However, they also claim that these managed accounts are profitable since they constantly generate 60% monthly returns and only take 20% as their commission. You get to keep 40%. We have also looked at the site and found that they are providing free education and are also showing us their alleged signal performance every month. These have been recorded on a dedicated performance page on the website. Later in this review, we shall be scrutinizing this page and if there is anything worth telling you, we will discuss it here once and for all so that you can make up your mind. In the meantime, we are recommending these top performing Forex trading products. If you are looking for reliable trading tools to get started with immediately, this page has the right resources for your trading.

Forex Signals and Invest review

Forex Signals and Invest claims to be based in France and the UK. They have provided their email address and phone number as well which suggests that they are from the UK. They claim to work as a 5 team person who generates 4000 pips every month. This team comprises of anonymous group of people since the site has not bothered to introduce them by name and pictures. Most dubious websites will make an introduction even if it means a fake one with stock photos. This one does not make any attempt and so we have to treat them as anonymous.

You have to realize that before you can deal with any Forex trading enterprise, you have to find out who the owner is and who the traders are. Transparency and integrity are very important in this industry and if this cannot be guaranteed, you are better off not investing with them at all. What makes you think that they will exercise transparency with your money if they cannot do a simple introduction of who their team members are? We think they will just take your money and disappear.

The services offered

Forex Signals and Invest offers Forex trading signals and managed accounts. For the managed accounts, they claim that they are always trading with FCA approved Forex brokers which is a good thing but we still need to know who these brokers are so that we can also confirm these claims. You know it’s one thing to claim that you are working with a regulated broker and it’s quite another to actually confirm whether this is true or not. The reason you can only trade safely with a regulated broker is that your money generally stands a chance of making returns for you without getting scammed. It is not a bulletproof security guarantee that you will not lose money but it’s at least a good reassurance that things will go well if you invest with that particular broker.

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The signals cost 25 Euros but on another part of the website, we smell inconsistency as they claim that their monthly signals cost $3000 per month. These errors need to be sorted out as we suspect that it is a plug which they are using. Investors can deposit in a number of ways. These include Skrill, Neteller, Bitcoin and even credit cards. Their signals are issued as live orders as opposed to pending orders. So you have to be there to enter the trades as soon as they have been dispatched either in their Whatsapp group or Telegram.

They claim that your account will grow by 80% each month if you utilize their signals. This is something hard to believe because there is no signal provider that can generate such returns. We need to find out if their alleged trading results can show these number of pips being acquired every month as claimed on the sales page.

Trading performance

This is rather disappointing. Forex Signals and Invest does not provide us with verified trading performance to support the claim that they are always making 4000 pips every month. There is a performance page which they have created and are always updating this page every month with new results. But the problem with this page is that the numbers we see in these trading results cannot be verified. So that means we cannot trust them for what they are. We need to see this vendor utilizing a myfxbook account for purposes of transparency. Otherwise, if we trust their signals performance page, we will end up trusting fake results which is a common occurrence in the Forex trading signals market place.

How about their managed Forex accounts? The same thing is still being witnessed. No trading results that can be verified. So this means that this managed account service is not performing and the only way they can make money is to preach false information. Generally, smart investors want proof of performance and not just mere claims.

Our best advice for you

At this moment, Forex Signals and Invest is not a recommended trading service worth investing in. If you are a smart investor, you need to ask them about their trading performance and if they are real traders, they should be able to produce them. Stick with these tools. 

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4 Replies to “ Review: Is Forex Signals and Invest Scam?”

  1. Forexsignalsandinvest. Com. Is a scam. I invested #2000 with them in March when I requested for withdrawal they said I can’t much until end of the year.they gave 500. I made withdrawal this year I was told can’t. Now they never reply my emails, telegram and watsapp messages. Neither is there phone no going through. They are scammers

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