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FX Vortex Review: Is Fxvortex.net a Legit Indicator?

FX Vortex Review: Is Fxvortex.net a Legit Indicator?

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A well-presented website, this FX Vortex (Fxvortex.net) review, is about to explain everything. The product is an indicator that has been developed explicitly for the MT4 trading platform. These creators start by stating that this is a revolutionary signal generating technology. Such claims have been seen before; the question is whether this indicator is any different. And the results are here with us. The platform claims to show any results to prove their concept. And this leaves a blow to anyone who signs up.

FX Vortex Review

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About the Indicator

FX Vortex Claims

Just below the banner of their platform, the indicator has a compelling plea to investors. They claim that the indicator has an open transaction technique that provides razor-sharp signals. What the developers are trying to say is FX Vortex is a no-repaint indicator. The platform has built-in alerts that notify users when new signals pop up. These hype sales tags are common in the emerging indicator signals scene. The question is whether these hyped signals are accurate or a bunch of overhyped products.

What we can say is that the website seems to well designed to attract even expert traders. We give credit where credit’s due since the site looks appealing. And this is what the developers want to attract new users. Before going ahead and signing up, there are a few factors that came up. For all their hype, there are a few missing features that make us fail to understand the developer. Get to know the missing features so that you can ensure you understand what exactly you’re getting into.

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Analysis of the indicator

The indicator claims to work solely on the MT4 trading platform, which is the most common of them all. As of publishing this post, they have used a promotional sales pitch at the bottom of their homepage. They claim that the standard offer is $99, but they have a limited offer of $25. The time for users to buy the indicator is within a day before standard rates apply. This indicator is using the trend-following strategy and gives no information on the timeframe. They also fail to provide information on the pairs available for trading.

Business proprietor

For all their website designing, they start by failing to mention who the developer is. A trading product whose owner is not mentioned is a sign of worse things to come. The online trading world is full of scam artists who will want to take advantage of naïve investors. It is why smart investors sign up with products and services that are proven. Signing up with a platform whose owner is not available for comment is a problem. It means that anonymous developers operate the platform.

Comments and feedback from current members

What is weird with this platform is that there are no client reviews from anyone. What we noticed is that another system with a similar name is attracting a considerable following. Could this be a developer who wants to take advantage of this? There have been online scams that use identical product names. The use of a popular product’s name confuses newbies as they end up signing up with the rogue platform. And this is why reading reviews is essential in helping to clear out any doubts regarding online trading tools.

Domain records

With a domain tools checker having the right information, website data is available for everyone. Their servers seem to be located in Poland while the site went live on 19th October 2018. The records also show that there have been two registrars on the website. What this means is that we have been fooled into thinking the site belongs to FXVortex. The owner of the site might have sold it for reputation’s sake. Scam developers will want to buy their online status by having an operational website.

Features of FX Vortex

FX Vortex Product Features

They claim that their indicators are powerful buy/sell signals. Other features include no lagging or repainting and build in alerts. They also claim that the package comes with a detailed step by step user guide. Another notable feature mentioned is having 100 percent plug and play with lifetime support. They also claim that the product comes with two years of updates, which is a concern. Does this mean that users don’t have to update the software for two years? Or is the software update free for two years, and then users start paying?

License and registration details of FX Vortex

After a thorough search, we could not find any compliance from the platform to prove legibility. And this means FX Vortex IS NOT COMPLIANT to industry regulations and rules. Investors who buy the product should know that the platform does not offer a money-back guarantee. The funds used to purchase the product don’t get any insurance cover. And this is a problem since the platform’s owners remain unknown. It seems that there will be a problem when it comes to asking for a refund.

We searched the entire website for any information regarding their terms and conditions. What caught our eye is that the site has no other pages apart from the homepage. And the homepage does not have any information regarding who is behind the platform. Lack of regulatory documents sends chills to our team. Without any compliance, users may lose their funds at any given time. The developer might decide to shut down the entire platform at will. When this happens, no one will be able to recover their funds.

Limitations of FX Vortex

Account Package

FX Vortex is selling just one package to users, which they claim is a special offer. They claim that the $25 also includes future updates and system files. The homepage claims that the system works at all time intervals. If this is the case, the platform can also be used by Americans. The only problem with their statement is the lack of proof of concept. The package’s features do not explicitly reveal the exact timeframes. And this is what makes trading with this platform a real headache.

Contact and support

As we earlier stated, the platform does not offer any point of contact. They only leave a message board where users are to leave their queries. Disclaimer at the footer of their homepage also has an email address. What the platform lacks is a working phone number, which is critical. A phone number allows users to contact the support team in real-time. The problem with emails is that support may fail to respond on time. And this is where we feel the platform is lacking in communication skills.

Results and strategy

FX Vortex Trading Results

Just like most new forex indicators developers, FX Vortex fails to provide trading results. The trading results are the most critical aspect when signing up with any indicator provider. Without actual trading results, which are updated regularly, the product is a hoax. The developers should have tested the platform on a live account before offering it to investors. They want investors to experience firsthand trading with live reports. And this is why most investors go wrong with online products. They get products that the same developer fails to test.

Scam or Legit FX Vortex

We don’t recommend the use of any online product that fails to produce valid results. Even though the platform shows promise, it is still a significant risk for investors. The system looks profitable on charts, but that’s what every indicator does. They try and sell the probability of the indicator producing a favorable ROI. In the future, we hope FX Vortex is going to update its results and probably become more transparent.

Final Thought

Contact Information

If you feel any online product aggrieves you, kindly let us know. We will do our best to investigate the matter. Feel free to leave your comments and expectations of the superior product.

Stay safe and use good forex trading robots that have a proven track record. These robots protect your investment and offer a realistic ROI. They also aim at educating users on the best strategies to use when trading. Give one of them a shot and enjoy a passive and stable income.

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