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FXAssure Review: Is Fxassure.com a Scam?

FXAssure Review: Is Fxassure.com a Scam?

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FXAssure (Fxassure.com) is a signals provider that is new in the market but is a recycled product. The previous name of this product is FX Tech Strategy, which is another unproven signal provider. They have, without a doubt, created the same signal provider with the same features. And this is why investors need to be careful with all products belonging to Mohammed Isah. He is the developer of this product, and we still have no pictures of him. It means we are dealing with a product with no real expert behind it.

FXAssure Review

About FXAssure

After landing on their homepage, one can easily see that this is a professional page. The only problem is that this is a cloned website. When you click fxtechstrategy.com, you will be directed to FX Aussie’s homepage. And this is proof that the developer is the same. They have changed nothing in terms of features and properties. The only visible difference is the name. And this is why investors need to watch out. To know more, read this genuine FXAssure Review and get the full details.

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The homepage gives the sense that this is a signal provider created by experts. What investors fail to realize is that the developer is a known scam artist. Over the years, he has been coming up with what looks like good trading tools. A closer look at all his products reveals that they rarely last a year. After one year, he either shuts them down or starts a new line of signals. This review will highlight the problems we noticed with his signals. These problems have been backed by victims who signed up with the platform.

Analysis of the signal provider

They offer signal frequency is four to fifteen times a month. For those who don’t know, this is a signals and analysis signal provider. The trading time remains undisclosed while they use the technical analysis strategy. They claim to have established this signal provider in 2014, which is a lie. The main reason they use 2014 as their starting date is to buy a reputation. No sane investors will sign up with a signal provider who has no status. And this is the reason they falsify this information.

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Business owner

Mohammed Isah claims to have six years of technical analysis experience. No one seems to know this guy apart from his relation with other signal scams. And this is a blow to anyone who buys his signals. They are not verifiable and most likely going to become a hurdle to investors. These signals from Mohammed rarely give users an edge. After signing up, most have claimed to make losses as the signals are far from accurate. And this is why no one else should sign up with his products.

Comments and feedback

FXAssure Features

There have been scathing comments from investors who bought these signals. Most of the comments can be seen on myfxbook and other trading forums. And this means we have a product that is not meeting trading standards. On their part, they have hired freelancers to post positive comments. These comments will most likely throw off investors on the truth regarding the platform. Any positive posts you see are from appointed keyboard masters who will do anything for a paycheque.

Domain insights

They did claim that the platform was in existence since 2014. Domain details reveal that the site went live on 9th July 2020. The only genuine part of this platform has a professional-looking website. What we have seen from domain checkers is their IP address has not changed. It means that their previous works have been directed to this website. The traffic is seen to be coming from California. We don’t believe this as Mohammed and his team could be hiring a virtual office provider.

Features of FXAssure

Fifteen signals per month is a low number compared to other signal providers in the industry. Mohammed is taking advantage of his tools and asking for a high price. They also have used false features that are not available. These include helping users make smarter decisions and spotting trends quickly. Users are promised that they can integrate the strategy used, which is a lie. Users should stay away from the platform as this developer is a proven fraud with no real experience.

License and Registration of FXAssure

FXAssure is not Licensed or registered to offer any trading regulations. And this poses a massive problem as the platform does not provide a money-back guarantee. They have been operating for a few weeks without a valid license. The problem with this is that the platform is unable to secure funds or, rather, offer insurance. Any investor who signs up with the platform is throwing money to an unsecured platform. They have been providing services without having proper compliance.

We checked the entire platform for details of their compliance. And this is what made us flag down the use of this platform. It does not give users any information on whether they are compliant. The problem with this is users will not get a safe signal provider. Mohammed has been operating illegally. We checked with regulators in the United States to see whether his products are valid. The CFTC and NFA have not regulated the use of his signals in the market.

Limitations of FXAssure

Account Packages

FXAssure Commodity Plan

FXAssure is offering two types of packages to investors. They offer commodity plans and premium plans to investors. The commodity plans go for $49 to $490 per month. Premium account holders must pay $119 and $1,190 per month. What we noticed is that these plans all have the same features. They don’t offer any advantage over the other. It seems Mohammed is targeting unsuspecting investors with his over the moon pledges.

Contact and Support

The entire website does not have a one on one communication channel. Users will not be able to contact the support team with live chat. The platform does not also deliver on its promise of quick support. Users complain of the slow response time to respond to emails. The platform is only responding to emails with sign up problems. Members who want their money back rarely get any response.

Results and Trading Strategy

Another problem with this platform is the failure to offer any valid trading results. This vendor is using a performance chart as verification of results. It is not enough as traders should use FX Blue or myfxbook to provide accurate trading results. With the two channels, it makes it easier to confirm the results. They also do not offer specific trades when dealing showing the chart. It means we are dealing with made-up results from an unproven source.

Safety of funds with FXAssure

A platform with no valid license does not guarantee the safety of funds. They also fail to provide accurate data signals to investors. Without a valid license, it means the platform is operating under false pretense. Deposits don’t get any insurance cover putting investors at risk. It is the main reason why we insist on investors to stay away. The signal provider does not safeguard users from third party attacks. Hackers can quickly take over the purchase process and steal credit card information.

Scam or Legit FXAssure

FXAssure Premium Plan

FXAssure is a scam that is waiting to pounce on investors. Stay away from it as more and more victims are coming out. Warn your investor friends on the dangers of this platform. Share this post to help protect the online trading world.

Our Verdict

By adding the platform to our scam blacklist, we will be protecting our readers.

Stay safe and use valued forex trading robots with transparent features. These robots will offer realistic profit margins. They also safeguard your investment at all times. Try them out today as it is what successful traders use.

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