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The Traders Edge Review: Is the traders Edge Scam?

The Traders Edge Review: Is the traders Edge Scam?

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The Traders Edge is a platform that offers training to clients to make Forex trading easier and more profitable to them. The platform offers customers an alternative to Forex indicators that are always lagging. The platform offers traders strategies that will give them the edge in Forex trading.

The platform‘s founder claims to have been in the Forex game since 2009. Through the years, he claims to have picked up simple trading strategies that are based on price that could grow your account consistently.

Through The Traders Edge, the platform’s founder pledges to help traders avoid the same mistakes he made while looking for a working strategy that will help grow their accounts consistently. The platform’s founder says he is a full-time Forex trader.

The platform’s founder, who is also the training coach, acknowledges that he does not provide a strategy to grow your account overnight. Rather, his strategy aims to produce consistent profits over a longer period of time.

His strategy does this by leveraging on particular market setups rather than how much is traded. He believes profitability is all about the quality of these market setups rather than the number of trades. He admits to having some losing trades.

Investors are always looking for the best trading systems to grow their accounts. To ensure profitability, invest only in trading systems that have proven to work successfully.

The Traders Edge Review

The founder of this platform operates anonymously and the only details provided about him are that he has been in the Forex trading industry from the year 2009 and that he is a father.

The Traders Edge Review, The-tradersedge.com Platform

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Further, no evidence of his trading activities has been provided on the website. It is impossible to tell what his trading performance history looks like. It is impossible to tell where he runs his business operation. No physical address has been provided on the website.

According to the founder, banks and financial institutions always have the edge in the Forex trading market. The Traders Edge claims to give the edge to traders through their strategies allowing them to grow their profits consistently. The platform gives insight to traders on how the banks and big financial institutions manipulate the market with huge volume to take stops and move the price in their favor.

Although the platform’s founder seems to be well informed about the state of the Forex market, we do not understand why he chooses to remain anonymous. The least he could do to support his legitimacy is to produce a record of his trading performance for potential investors to access before they decide to invest in his trading strategies.

The company does not feature customer testimonials to show that their strategies have proven to work. Moreover, no user ratings are seen anywhere on the website. We understand that customer testimonials and user ratings by themselves are not proof of legitimacy but they are a start.

Clients can get in touch with the company by filling out a form in the website’s contact section. We do not know how long the company takes to reply to customer complaints. The founder also offers clients the opportunity to join his Facebook group and Telegram channel for free.

The system uses the same strategies that market makers use to make huge profits each day. They insist on the importance of quality over quantity. The company insists that by trading under the right market setups, clients can maintain consistent profitability over a long period of time. It is a good sign to see the founder admitting to having some losing trades.

How The Traders Edge Works

The Traders Edge uses four main trading strategies. The first strategy is the Smart Money business strategy. This strategy gives insights on how banks and financial institutions maintain profitability by leveraging entry points. They’re able to do this by accumulating the opposition over a longer period of time. Traders can become profitable by identifying points where the banks enter the market.

The second strategy featured on their website is the Stophunts method. In this method, the company provides an indicator that uses a unique algorithm that can get you into the market ahead of the price itself. At the price of $29, traders can apply this indicator to their MT4 platforms and start trading for profitability.

The third strategy requires that traders understand that the market is not simply a regulated place that is based on supply and demand. It is a business driven by Market Makers or Smart Money.

The profit release phase indicator gives traders an edge by getting into good trade setups. It does this by giving them a strong momentum into a trend and giving them a good entry price on an accumulation. The pricing of the profit release phase indicator is $149.

The final strategy featured on the website is the Bull and Bear Traps strategy. Bull traps in the market happen around the previous highs where it looks as if the price is continuing the rally. This pattern follows a similar rhythm of lowering traders into long trades followed by a certain move against them.

This way, traders are trapped and the market makers eat up their position. The Traders Edge offers traders a free indicator which shows them the traps in real-time. All these strategies are based on three main stages. They include accumulation, manipulation, and profit release.

Domain Insights

The domain the-tradersedge.com was registered on the 23rd of November 2017. The registration is set to expire on the same date in 2020. The website looks professional and the main message expressed is that trading can be simple.

The company does not feature any customer testimonials on the website. The website has a high Alexa ranking showing high engagement.

The company does not give any indication that its website is protected from that third-party interference. Investors risk having their personal identifiable data being accessed by unauthorized parties.

So is The Traders Edge Trustworthy? 

Although the company demonstrates that they are knowledgeable about the status of the Forex trading market, they fail to disclose the trading performance history of their founder. The founder remains anonymous and we have no idea where they operate from.

No customer testimonials are featured on the website to demonstrate the success of their strategies.

Whereas strategies featured on the website are insightful, they would still require perfect execution to produce the consistent profitability the company promises. Simply talking about successful trading is not enough. The company needs to provide evidence of their successful trading history.

On a good note though, the company claims that they did not repaint or back paint any results and admit to having some losing trades. They present their previous trading results no matter if they were losing or winning.

The pricing of their products is rather high for a company that does not produce evidence of successful trading history.

Veredicto final

While this might be a legitimate company we advise against giving your money to people that operate anonymously. Furthermore, the company does not provide evidence of successful trading performance. Until they demonstrate a successful trading performance this company cannot be trusted. Meanwhile, we recommend that you invest in these trading systems that have proven to work.

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