FX Trends is allegedly the new generation of Forex signal service, and they provide super high verified performance. Investors are entitled to receive professional Forex managed accounts with super high verified high performance.
However, as you read this unbiased review in the quest to find out if FX Trends is a legit trading tool or not, we highlight some of the red flags which are in this platform and why it is not recommended to make reasonable returns on your funds.
Therefore if you are looking to make profits, you should invest with these legit tried and tested signal providers to make pleasing returns on your funds. Investors receives MyFXBook results trying to seem legit.
The company urges investors that they invest in reliability when they choose FX Trends services. The software supports copy trading, and investors can copy all trades automatically.
However, copy trading may not be profiting since the market is not stable, and you might end up making the wrong decisions. The forex trading market has high volatility; hence it is impossible to promise constant returns on your investment.
They boast of having more than ten years of experience in the trading world, and they have generated more than 100000 Pips. There is no information regarding the founders and their whereabouts information, and this is a major red flag.
The company exposes so many scam characteristics that you should be aware of and avoid at all costs. Legit investment firms will always provide you with information regarding the founders, and you can easily rely on the services rendered.
You do not know who controls your funds and this investment firm and the kind of experience they hold. Scammers rarely provide information that may lead to them simply because they open new platforms and try to scam individuals.
Fxtrends.net boasts that through the signals, they offer necessary and honest values. Through their strategies, they claim to beat the competition in the market, yet the main question is how they plan to do this.
The signals generated have a win rate of 90%. The algorithm used in coming up with this figure is unknown.
Most investors only look for a 50% win rate, and FX Trends showcases much murkiness in their methods of operation. The software features mathematical precision and is extremely easy to use.
Nevertheless, they offer various advantages to investors and the main reasons they want you to choose the product. Each customers entitles to receive; affordable prices for their services, verified reliable performance services, genuineness through testimonies, support, and relaxed trading.
Traders own FX Trends for Fair Trading LTD, and they produce the company number 0918 1896. The company seems to be registered in England and Wales. However, there is no credibility in the information they provide.
FXTrends.net has two different investment plans that you don’t use and benefit from; Copy Trader, which investors can purchase for 29.99 dollars on offer and normally cost $59.99.
Copy Trader plan generates more than 2000 pips monthly and results on MyFXBook. Moreover, you receive a 90% win on all of your trades, Access to all the premium channels, and up to 19 automated trades on five minutes time frame.
The Forex Signal plan costs $39.99. However, you can purchase it on an offer for $19.99. you can receive up to 1000 pips monthly with similar services as the first plan. This plan allows up to 4-7 trades daily.
These investment plans may seem attractive, but without past evidence, you cannot very any profits being made. Furthermore, the algorithm used in coming up with the returns is unknown.
The safety of your funds is not guaranteed in this investment firm. They do not provide information about the people behind the investment and the kind of qualification they hold.
It will only serve you the right to invest with transparent companies when you expect positive, sensible returns. However, investing with the wrong tool is not profiting at all, and you’ll only end up making losses on your hard-earned funds.
They do not provide any past trade evidence that you can rely on. FX Trend should provide past transactions of at least three months or more to earn your trust.
They also claim to have testimonials that are 100% verified. Nevertheless, there is no backup for the same, and without proof, you should not fall for the catch.
Regulation and Customer Support
FX Trends is illegally generating funds from the public. The is no any regulatory data to verify that the authority allows them to take money from investors.
For any investment firm to generate funds from the public, they need to provide regulatory data that is easily verifiable. Different countries have set up measures to protect citizens from scammers.
They are not recognized by any regulatory body, and these questions their reliability. Legit investment firms always reveal the owner’s information. FX Trends seems to have a hidden agenda.
Regulated platforms always showcase a high level of transparency, and you are more likely to make reasonable gains. Unregulated platforms are not bound to any law, and they easily break the set guidelines.
FX Trends has poor contact support, and you have to chat with them through a section on their website. Nevertheless, most companies will provide you with at least telephone contact or email support.
Working contact support is essential in choosing the best platform to invest with. Scammers will rarely provide their location whereabouts, and if they do, it is usually fake.
You should be able to easily find any assistance that you may require regarding the services rendered. Once you deposit money in unregulated platforms, there is a high chances your account will be blocked, and they will delete your details from accessing the company.
FX Trends was anonymously registered in 2020, June, on the registration expires 2021 the same month. The domain name for this investment firm is fxtrends.net. They do not provide any contact support that you can rely on if you have a query to require assistance.
However, they are legit tried-and-tested signal providers that will make reasonable investment returns for you. They do not use any regulatory information hence the illegally generating money from the public.
Furthermore, the regulated company showcases a high level of transparency, and you can easily rely on them to make a profit. You do not know the kind of algorithm this software uses.
Investors do not know the qualification of the people behind Fxtrends.net, the kind of qualification to trust the tool. They claim to have 100% Bible testimonies, which is also not visible anywhere.
FX Trends same species poorly presented, and copy trading is not highly preferable. The market is not always stable; hence the signals that initially generated profits may not benefit you.
The founder’s information is very crucial since it helps in boosting the customer’s confidence and showcasing the company’s genuineness. They do not reveal any banking information, and your money is not safe in this investment firm.
Furthermore, the win rate projected by FX Trends is highly overestimated. Most experienced investors only look for a 50% win rate, and you cannot guarantee constant investment returns.
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