FX Classic Trader Review: a Bogus Forex Trading Scheme

FX Classic Trader Review: a Bogus Forex Trading Scheme

FX Classic Trader is a company that claims to be dealing with Forex trading activities. However, this is just another Forex scam trading software in the market. We do not recommend the services of this entity to investors. Over the years, we have seen several fraudulent entities invade the market.

The first thing that we noticed with the firm is grammatical errors. How can a professional investment entity fail to have funds for hiring a professional copywriter? It shows their lack of seriousness, and we immediately disqualify them as a legit company.

The platform continues to brag that they have the best trading solutions for their clients. Unfortunately, the only thing that is a guarantee is that money will be lost by the time they exit the market. The firm state that it offers the best MT4 solution for investors.

It is funny that they warn investors that the majority of the free EA in the market is not secure, and you can lose your funds. FX Classic Trader is the biggest scammer of the year. The only thing that they have is a top-notch marketing strategy.

Moreover, the company state that they are constantly upgrading their software. Hence, investors have nothing to worry about as their funds are in safe hands. They have programmed their trading software themselves, therefore, assuring that these are the best systems.

There are better investment ventures in the market that you can try out. Here are some of the top Forex trading software that is reputable. You will not be scammed, and they provide real trading results. Review

To venture into this entity, investors only need to have a trading account compatible with MT4. They guarantee that your trading account will not experience any shortcomings. We doubt this is the case because it is not trustworthy.

Fx Classic Trader Review, Platform

FX Classic Trader brags that their software is 100% fully automated. Additionally, the bot can manage your funds and works with all brokers in the industry. Moreover, they state that their results are verified, and you will enjoy professional results from them.

To try and hide their flaws, the company claim that one of their top-notch features is that you can trade automatically. The time they have dedicated to designing the EA. However, all this does verify anything and what we are most interested in is their trading results.

Investors should observe caution when dealing with trading software. The only thing that this entity is telling investors is that they are the leading forex venture currently in the market. They fail to do much in showing us proof of their statements. Legit venture does not have shady features like this one.

The company believes that its software is the next big thing that can offer high returns to investors. It is Alps robust and safe; unfortunately, this is a marketing strategy that the majority of Ponzi schemes utilize to win over naive traders.

The team behind FX Classic Trader

FX Classic Trader claims that their trading software has gone over years of development. Additionally, they have tested the system over time. Therefore, you will have the best outcome if you engage with them.

A company that lacks transparency should be avoided. Clients have the right to know the background of people handling their funds. It only raises suspicion on whether the venture is hiding something.

The price

The software comes in form three packages. Investors can purchase the license that is most affordable to them. They have the basic business and premium package. The prices are as follows $109, $129, and $149, respectively.

All the features are the same; the only difference is the price that you have to pay. The upgrade is free, and the demo account and live accounts also vary. You will get 100 full automated trading’s: a lifelong license, support, and a free upgrade.

Trading Strategy and Results

FX Classic Trader does not explain the trading strategy that they are incorporating in their trading activities. We have more questions that nobody can answer. They claim to be using the support/resistance strategy.

They, however, do not use the martingale method. Additionally, the firm state that they use different trading strategies and algorithms to ensure they get the best outcome. It can minimize losses and exploit the market fully.

They do not partner with any broker in the market. It is also compatible with NFA/FIFO, and the timeframe that it uses to trade is one hour. In regards to the results, the company has presented its trading accounts with the FX Blue account. We always result verified by my preferred MyFxbook platform.

The results show a total return of  156% in a duration of 3 and a half months. Their win rates are at 32%, and the drawdown is at 1.8%. The results seem very attractive and convincing. We would love to see their FX results. Even better, if clients endorse the services of this entity, we shall go ahead to recommend them.

We haven’t seen any successful trader who has come out to endorse them—additionally, no existing feedback from clients. We have our doubts when it comes to the activities of this venture.

Contact Details

The entity does not disclose their real location; hence they are operating discreetly. You should not give them your money because they will steal all of it without hesitation. The only way you can contact the venture is via email.

Invest with companies that have responsive customer support services instead of wasting time in unreliable systems. You should be very careful to ensure you do not lose funds. A reputable venture will have multiple communication methods that you can reach support.

You will find live support, a telephone number, as well as a social media presence. They will engage with the community in the best way possible. Whenever we encounter an anonymous venture, we doubt their services, and this is because most of them have proven not to be reputable.

Licensing Status

The platform is not licensed or registered anywhere in the universe. They do not care about the law, and they do whatever they please. FX Classic Trader accepts investors from all over the world, yet they haven’t met the necessary guidelines.

We would urge investors to stick to licensed entities. They are safer, and a company that is regulated will be abided by the law.

Final Verdict

FX Classic Trader is promoting their bogus system using all sorts of an enticing gimmick. We are used to scamming using empty words to win over clients. You should not easily trust everything that you read. The company is trying very hard to stay relevant in the market.

Invest your money with reputable Forex trading software companies in the market that are reputable and has good intention for their clients. Do not venture blindly and end up losing funds.

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