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Profitwaves.net is another forex investment platform to avoid. The broker claims they offer free tools for trading the forex market. However, the app has malicious software that steals personal data once you download it. Profit Waves is not your average forex trading tool, as this profitwaves.net review will prove. Those who bought the tools are now in arms after the broker blocked withdrawals. Please find out more in our clear PROFITWAVES REVIEW.
Andrea Kidric is the person we are told owns and runs the platform. With the phone code provided, it seems this is a Slovenian-based trader. Unfortunately, there’s no credible background or history of the forum.
We tried clicking on the social media links provided by the broker. Unfortunately, it turned out that these were illegitimate social profiles. The only one working is the YouTube channel that promotes the ABC Pattern.
Note: Look no further for those looking to invest in credible strategies. Go for proven and tested strategies backed by experts. These include coin staking, DeFi, and Masternoding. Any of these platforms is a must-have for investors.
Profitwaves.net is another scary scam that you must avoid. Those who have invested in it are ruing the decision. The broker fails to allow any withdrawals, and the promised tools don’t deliver.
We also question the accuracy of the installed bots that don’t match quality. It seems the bots offer 30 percent accuracy in terms of market signals. And that’s far below the recommended threshold of 70 percent.
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The owner is only interested in selling software that doesn’t offer any advantage to traders. Unfortunately, the opposite is true; using these tools will make you lose your investments. Hundreds of investors have tried and are now losing faith.
Before you invest in any platform, it pays to do due diligence. Try and find out what makes the store stick. That’s the best way to ensure you get the right tools for the trade. You can also ask us to recommend the best tools for trading crypto and forex.
Your funds are far from safe with this broker. The results are trading tools that fail to meet their target. You get a tool that drops signals now and then, most inaccurate at best. And we have to expose such tools from the word go.
Several members bought lifetime subscriptions from the owner. These members have no way of getting a refund. The owner is adamant that no one gets to profit from the store. And that’s why we must expose it.
The tools available don’t match the cost of purchasing this trading tool. It’s more like a tool that only educates naïve investors about trading. There’s also a lot of anonymity behind the owner and the entire platform.
Once you subscribe, the owner will also attempt to throw you off the bus. Canceling the product’s subscription is not automatic. That means you have to contact your payment provider to cancel the subscription.
MT Rider is the gift the broker promises to give anyone who signs up. The broker also claims to use two methods that help overlap the ABC pattern. You have to ask yourself why the broker would offer such a product for free.
The most accurate trading bots are far from free; you have to pay a fee to use them. It’s the accuracy that makes these bots stand out from the rest. What we have is a broker wanting to sell a non-working trading robot.
After going through the approach, it doesn’t make sense. The broker combines two products that don’t align in the real world. These approaches are precisely why the trading signals are way off the market data.
Imagine having to buy the product only for you to start losing trades. The broker will insist the problem is your fault and not the tools. And that’s why you must draw the line with such brokers. It would be best if you first freed yourself from corrupt trading tools.
Little is available on the professional background of the owner. Even the LinkedIn profile doesn’t match the details on the platform. There are no users on any platform with such a name.
We have a stock image with no user having any direct claims of the store. There’s no YouTube channel showing the owner. A YouTube tutorial video doesn’t shed light on the services on offer.
The YouTube video was posted 8 hours ago as we conducted this review. It goes to show this is a new platform with no solid footing. There are only eight views, which points to a broker without a fan base.
After checking out the broker, we have to rate them a 1/10. The rating is a result of the incompetency the robot brings to the table. It would be best if you also remembered the inaccuracy of the robot to offer better signals.
There’s no one praising the trading tools furnished by this broker. And that says a lot regarding the efficiency of using such tools. If 100 users were satisfied with the bots, that would warrant praise.
So far, none of the investors we have talked to know what’s happening. Moreover, the broker’s rating is dismal in all corners. A quick search of the platform will reveal why this broker is not your average cup of tea.
Several unhappy clients have reached out regarding the tools bought. Nearly all of them share the same story about what’s happening with the platform. It would be best if you thrived on avoiding such tools in the future.
We recommend that you try and find out the experiences of other users before signing up with any store. You need to ensure the store you go for is legit. The store must have all the right qualities.
One of the best ways to learn about a trading platform is by asking around. Join crypto and forex trading platforms. These avenues will likely offer much-needed insights about a broker or trading tool.
The broker doesn’t have a valid professional certificate to prove his qualifications. There’s also no stamp from traders about the success rate of the promised robot. To warrant our interest, you need to have a success rate of over 85 percent.
When engaging with brokers, kindly check to confirm regulations. Check with the regulators in your jurisdiction. Is the broker licensed to operate and offer liquidity services? If not, you must avoid them like the plague.
And there’s also the issue of protecting your interest. Safety should come first, and a regulated broker is the best bet. Your funds are safe with regulated brokers as insurance cover for deposits is available.
The best way to use trading tools is by testing them using a demo account. But, unfortunately, we see the owner failing to offer such features. Instead, the broker would let traders test the accuracy of the tools were that successful.
It’s your biggest obstacle as a member of the trading signals on offer. Unfortunately, these are the signals that don’t offer much in terms of security. The best form of trading signals are those tested by the trading community.
For now, please avoid using profitwaves.net.
NB: Use these tools to invest successfully.
Please do leave a comment or email us with any queries.
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