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Slumdogforex.com Review: Is Slum Dog Forex Scam?

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Slumdogforex.com Review: Is Slum Dog Forex Scam?

Slum Dog Forex is a Ponzi scheme with a funny name. The company promises investors that they will provide guidelines and strategies that they can use in their Forex trading activities. The suspicious platform has nothing to offer apart from its vague narrative.

It assures Forex traders that they can generate profits ranging from 1% up to 5%. All you need to do is follow the guideline which they avail. The strategy that the platform is claiming to have the magic aspect will only take you 5 minutes to go through it.

There is no possible method that can help you within such a duration. To crack the code which does not exist in the first place, you will need skills that can guide you through the process.

Successful Forex traders in the industry have practiced over and over again. Even the best Forex trading software does not have a performance rate of 89%.  Considering that Slum Dog Forex does not show the trading condition that it is using, it would be best if you used another viable alternative.

The company additionally brags that it can yield investors a return of $160,00. You will only need to deposit funds worth $100. The claims are ridiculous as the market is highly volatile, and it is hard predicting the next move.

Slum Dog Forex Review

The company has no much traffic coming into its website, and this brings up the question of why the platform is not attracting many investors if what it is offering is legit. Slum Dog Forex should have traders flocking into its system.

Unfortunately, this s not what is currently happening. The Ponzi scheme promise that investors will not experience high risk by following up on their unique strategy. The company believes that financial institutions in the market are exploiting investors.

Slumdogforex.com Review, Slum Dog Forex Platform

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Hence, it has decided to come to the rescue of traders by sharing their knowledge. The website contains marketing content from the first sentence to the last. Slum Dog Forex is only promising quick riches without showing how it plans on achieving their allegations.

All you have to do is purchase the package. Surprisingly, we did not encounter even a shred of single evidence from traders who have used the system. The fantasy that the Ponzi scheme is selling to innocent investors is wrong.

Experience traders will never waste time with a system like this one. Pyramid schemes will target only the novice investors. You can invest with trustworthy Forex trading software in the industry that has no intention of stealing your funds.

Its good to understand how the Forex works. You cannot jump into the industry with the expectation of making huge returns or becoming rich within an unrealistic timeline. The slightest mistake can cost you all your money.

Advantages and Features of Leading Trading Robots

Let’s dive into the advantages and disadvantages of investing with a reliable crypto trading automated tool.

  • Easy to use

These are some of the easiest trading tools to use thanks to their engaging interface and memorable trading experience.

You don’t even have to be an experienced trader to get your hands on these wonderful trading tools.

  • Compatible with Android, Linux, and macOS

These automated bots are compatible with all devices and can sync simultaneously on any device you have. That means it makes it easy to trade on the go with your mobile and also desktop. These are the pros that make robots work efficiently for smart traders.

  • Live price streaming

You get live price streaming on demo or even live accounts thanks to the versatility of automated robots. These robots are secure and come with 128-bit encryption that protects traders on all platforms.

  • A wide selection of robot strategies

Traders get to choose from a wide variety of trading strategies, these include auto-hedging, statistical strategies, scalping, and market sentiments. All these strategies fit the bill for all classes of traders.

  • Fast trade execution

Fast trade execution is important especially when executing automated trades. Forex scalpers will often use high-frequency trading strategies to enter and exit market positions in a day. Robots use dedicated servers to cater for fast execution of trades.

  • Dependable and Trusted

Traders want a dependable and trusted tool that will meet the promise of making reasonable ROI for investors.

You get a chance to use institutional-grade trading tools that will improve your trading skills as well as overall performance.

  • Easy to Manage

Most of the tools are easy to manage in that they do offer reasonable monthly or yearly charges for update.

Most of these cryptocurrency trading tools will offer some of the very best when it comes to free subscriptions and trials.

The Price of Slum Dog Forex

To gain access to Slum Dog Forex, you need to deposit $67. First, the company is not offering any change back. Hence, if you are not satisfied with the services, there is no chance of recovering your funds.

The second thing you should ask yourself is how comes the platform is offering such a tremendous opportunity at a lower price? Logically speaking, no, one would sell such a strategy for a low price.

Considering that the strategy will make you a millionaire if you only deposit 100 USD. It ought to sell for more. It is a clear red flag that the founder of this system is desperately looking for funds. No matter how little the amount might seem, he will still make returns.

The company is nothing but a Ponzi scheme, and it would help if you were very careful with such firms. Nothing is for free in this industry.

 The Founder

The company owner is someone known as Maurice Perry. The name is strange as we checked on various social media platforms like LinkedIn. The founder is only brag that he has acquired much earning within a short period by utilizing the strategy they are sharing with the public.

Unfortunately, our attempt did not bore any fruits. There is no one by that name who exist in the Forex niche. How can he make a profit for traders without even showing hos real identity?

Maurice is a false name, and the real founder of the company is running it anonymously. The founder does not know the Forex space, and trusting him with your money would be unwise. Legit Forex trading companies will avail of all the necessary information without any fear.

The reason the Ponzi scheme operates discreetly is to avoid being arrested by the authority. It is illegal to scam investors. The only method that can work for them is if it observes anonymity. As an investor, always ensure that you research to find the background of the people you are investing with.

Customer Support

The contact page of Slum Dog Forex is blank. The customer support services of the company are terrible. The company does not care about their clients. A company that does not care about its clients should not be trusted with investors’ funds.

The platform fails to disclose its office location. Hence, in case you want to make a follow-up, you cannot visit them. Furthermore, there is no available method of contacting the support team. Legit investment ventures will avail multiple ways that their clients can use in case they have any problem.

You will easily access their telephone number, email or even other social media platforms. Slum Dog Forex is an entity that is collecting funds from investors all over the world—the need to have several regulatory certificates.

Unfortunately, while exploring through the company website, we did not encounter any license. The site is operating illegally. We checked with various financial watchdogs in Pacific, Asian, Africa, and European nations.

Sadly, none of them has Slum Dog Forex on their list of regulated platforms. It would be best if you refrained from trusting the entity with your money. Funds safety is not something that you will get in this Ponzi scheme.

Customers Feedback

The company has negative reviews from clients who have engaged with it: slum Dog Forex avail PDF and 27 training videos when you purchase their plan. The platform only has a few extra resources, but apart from that, nothing else are they providing.

It is only the PDF that will open. Other content will have broken links that you cannot open. The link will be similar, and the error is also the same. The customer support of the Ponzi scheme is not helpful.

If you raise complaints by emailing them, you will never receive any feedback. Slum Dog Forex is selling vague content, and it does not offer a refund. The platform is unethical and unprofessional, as you cannot long into your account.

It is the worst company on the planet. Other investors are warning traders against purchasing their products. With these cons, you should keep off the system.

Final Verdict

Slum Dog Forex is a company that is not offering any Forex training services. The Ponzi scheme is only making absurd promises to investors. The company is only assuring clients they will get rich quick.

You can use legit Forex trading software to earn returns. However, do not venture with the mindset that you will be rich overnight. It takes patience and skills to make reasonable profits. Trustworthy companies have a specific guideline that they follow, which they avail on their website.

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