The Best Forex Signal (thebestforexsignal) service provider has come under sharp criticisms for not keeping up with their promises. Apparently, customers have been getting a raw deal with this signal provider, which has raised questions as to whether or not they are genuine.
Reports indicate that the Best Forex Signal is not updating their draw down VIP signals genuinely according to the product label which is in the VIP status.
Only successful VIP signals are updated to give a positive impression. The other side of the coin remains hidden.
We tried chatting with the website administrator about the win rate of these signals. We were told that the Best Forex Signal delivers between 95-97% success rate, and that their signals were trustworthy enough to make us money.
But after doing our research thoroughly, we realized that this was not actually true. It was fraudulent because most customers who gave up on them reported otherwise.
What is more, the Best Forex Signal has been accused of doing monkey business with traders’ investments.
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Essentially, they gamble with people’s money since customers have also complained of the fact that this signal provider offers both Buy and Sell signals for all currency pairs at the same time.
And in this case, one prediction is sure to win. The other prediction is destined to lose. It’s called Reverse Trading (which many genuine brokers) don’t allow anyway.
These results are further manipulated in the sense that only positive ones are published as ”past performance” of their signals.
It seems that this ”company” is not serving its audience with honesty and transparency.
Nearly all promises which are published on this website – Thebestforexsignal.com won’t be applicable to you when you sign up with real money.
You see, the website claims that users will always receive free VIP signals and a free scalping system which they can use to profit from the Forex market.
Each one of these products have different features which have been listed on the site.
The VIP signal product targets 45 pips with a stop loss of -20 pips. We don’t think this is quite realistic, why?
Trading with such a tight SL will almost always result in losses especially when the markets are not stable.
How many times has the markets gone against you with more than -30 pips only to return in the direction you hoped it would move? Several times, right?
Also, some currency pairs are just too volatile to restrict with a tight SL. This is actually the reason why their customers are crying foul because every trade seems to go down the drains when these bogus signals are used.
Their scalping signals are okay. But again, tight SL is one major problem. Secondly, there is no way we will always target a fixed number of pips while not regarding the condition of the market or size of the candles.
In short, there are no golden rules for setting a specific number of pips to be attained in all markets. Anyone who trades in this manner will definitely lose, just the same way we’ve seen customers of the Best Forex Signal losing a large chunk of their investments.
Also, we want you to notice their ref link which are supposed to earn you ”free VIP or scalping signals” when you sign up with their recommended brokers.
This is an offer that was boldly stated on the best Forex signal website. Sadly, some customers reported that they were being charged for delivery of these signals into their email or in form of an SMS alert.
This is what we call hidden charges, and it’s not an ethical way of doing business. Moreover, they charge email and SMS alerts at the same time yet they never actually deliver signals through SMS.
Their excuse is that The global SMS network is always faulty, which is why signals can’t arrive through SMS.
And if that is the case, why should they continue charging you for SMS alerts when this service is actually not being delivered. Isn’t this fraudulent?
This company is doing all things the wrong way. It seems their only interest is in getting your money, and that’s it.
When you first meet and chat with them on the Best Forex Signal website, they will be quick and efficient, although they will also lie about the average win rate for the signals provided.
But once you subscribe to any of their services, they suddenly become irresponsible and will never corporate.
Your queries will get answered 1-2 days later after you submit them. All clients who pay them get this treatment regardless of how much they ”invest” in their bogus signals.
This is the worst thing that will ever happen to you when you sign up to the Best Forex Signal provider.
Most clients realize it when they’ve already been duped. When they ask for a refund, one of the company representatives will always say that the Best Forex Signal does not have a refund policy.
This is fraudulent because most customers will ask for a refund at one point of using such a product, and especially when they realize that they are not getting value for money.
On the other hand, this company seals all loopholes that would lead you to asking your money and actually getting a refund. They are rude, plain and simple!
We scouted user reviews on the internet, and we were mesmerised because we found a lot of negative things concerning this signal provider.
Can you believe that the Best Forex Signal is the reason why one customer lost $10,000 in a few days?
And when he made an inquiry into their so-called guaranteed-to-win signals, he was handed over to someone who doesn’t write or speak English very well. Things got topsy turvy.
Another user claims that he opened an account through their referral link and deposited $2000 since the minimum deposit that the broker was asking for was $500.
Within 7 days, this money was gone. Thirdly, the Best Forex signal offers standard signals which don’t perform.
On the other hand, the VIP signals which they claim is their ”best” product only do well in the ”performance page”. You realize that results on this page are fabricated to conceal their lies.
And the worst thing is that those who contact the Best Forex Signal provider to seek answers always get a rude shock when one of their agents give a nasty response. For example, one agent said, ”cannot understand.” and left the chat.
Keep off this rogue Forex signal provider. His name may be enticing to those who are new in the industry. But even then, it doesn’t mean that they have a good service worth subscribing to.
On the same note, we want to spare you the rat race by asking you to subscribe to these Forex signals and mentoring courses instead. They are worthwhile of your investment. These products have a reputation too.
It’s the only way you’ll make money with Forex Trading. In the meantime, just forget that the Best Forex Signal ever existed. Don’t put your money at risk.
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