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The Grade Money Review: Is thegrademoney.com Scam?

The Grade Money Review: Is thegrademoney.com Scam?

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The Grade Money Review is another fraudulent company that will not be in the market for long. The system is destined to fail. The platform is marketing itself as a Forex training venture. Additionally, the shady firm is also sending signals to traders via telegram.

In their website, it states that the company has only one objective, which is to assist investors to realize their financial goals. The company is promising better lives to Forex traders. Sadly, these are mere propaganda as they only want to gain access to your money.

Grade Money is targeting newbies traders. Considering there are no expert investors who would trust such an entity with their funds. Their assurance of guiding traders in their activities is false.

The lessons that the platform is offering seem vague. Always venture with legit Forex trading companies that are offering reasonable returns to investors.

The course consists of marketing, drop shipping, and trading courses. By taking a look at these lessons, you will realize they have nothing to do with Forex. The person behind this firm does not know what he is doing. Stay with us as we expose these filthy scammers.

The Grade Money Review

Red flags surround the company from all corners. It does not win investors’ trust, and the information available on the website is insufficient. The founder only claims to have gained experience in the Forex venture within a year.

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We strongly believe that the founder of this platform is only a top-notch marketer. He allegedly has Forex trading skills we can give him the benefit of the doubt on that. Unfortunately, he also diversifies on other services like digital currency services.

The Grade Money Review, Thegrademoney.com Platform

It would have been better if he stacked to one product, especially considering Hamza proclaims of having Forex trading skills only. The company is offering both trading lessons and Forex EA. It will cost you from 200 Euros up to 1,000 Euros.

It is saddening that The Grade Money does not avail any trading results, and it allegedly uses the martingale strategy to drive traffic for investors.  The amount that they are asking from traders is pretty high. It would have been better if the company made attempts to show potential investors the value of their funds.

The profits that the platform project is also unrealistic. It claims to have returns ranging from 50% to 80% in a month. The Grade Money system works 24/7 and allegedly has a drawdown of 8% up to 30%. This is the only data the company has availed in regards to their Forex EA.

How Does The Grade Money Works?

The Grade Money does not avail their Myfxbook account proof; hence their performance is not something we can comment on. The Ponzi scheme lacks evidence that can back up their claims. Additionally, their trading package is expensive for nothing.

You will have to pay 200 Euros for the training course you can access videos, webinars, news updates, access to the community, and notifications on market movement. Unfortunately, the company does not provide any detail on the courses they are offering.

Without knowing what you are signing up to, it would be best to keep off. The company only highlights what you can expect, which is not helpful. When you select The Grade Money, you will have access to the latest trends in the industry, live trading webinars, and videos explaining different features of the industry. Legit Forex trading training courses will avail adequate data on the lessons their clients can expect.

The company was launched in November 2018; however, the founder state that it has been in the industry since 2017. When an investment venture lies about such small details, it is always hard to trust them. We do not recommend the platform to investors.

The method that the platform is using is similar to gambling. With all the red flags that The Grade Money has, we do not recommend them to traders. It is a new website and hasn’t gained popularity in the market.

Founder

The alleged owner of this system is someone by the name Hamza. The founder proclaims that he gained Forex trading skills at a young age of 16 years while in college. However, there is no much information that ties him to Forex trading.

No background knowledge or qualification has been availed to investors. It would have been better is Hamza disclosed the name of college alongside his corticated. The only thing that we are aware of is that he is currently 18 years old.

Additionally, he also brags of attaining considerable profits in the past. However, this is another strategy the Ponzi scheme is using to gain your trust, while in reality, there are no such services taking place. He is not a genius, and this is nothing but a false name.

Considering he does not avail of his official identity, it will be hard tracking him down. The founder makes ridiculous claims of wanting to share their technique with as many people as they can.

Customer Support

The physical location of The Grade Money is not disclosed to the public. Moreover, the company does not avail of any contact that you can use to reach them. In case of any query, investors will have to fill up a contact form. Don’t waste your time and cash on this Ponzi scheme.

The government requires that investment companies in the industry acquire regulatory documents. This platform is operating illegally; it is collecting funds from clients all over the world. However, the firm is not licensed.

The Grade Money is an entity that does not offer clients funds safety. Trading with such a platform would lead to huge losses. You need to know that an investment venture will not bail on you. You will wake up one day, and the website will be down. Unfortunately, no one will come into your rescue.

Investors Review

The company is a pure Ponzi scheme that has left several of its clients disappointed. Traders are warning people who might be tempted into venturing with The Grade Money to keep off. The only thing you will get here is losses and distress.

The EA Forex bot will only make losses when you trade with it. The simulation that the company show to investors is fake, and their clients have not attained anything. With all the negative feedback staying away will be to your advantage.

The Ponzi scheme has also paid some investors to leave positive reviews behind. During our research, we came across testimonials of traders praising the scam website. The fake reports indicate the company has an expert team and excellent services.

The strategy is not new as we have seen several scam platform using it. What you should be looking for is evidence of payment. It would be better if those who praise the company can accompany their claims with proof.

Final Verdict

The Grade Money lacks transparency, and what they are offering is not clear. They do not have past trading experience. Additionally, the company is not availing enough data on the product they are offering.

The platform is a Ponzi scheme that you should keep off. Its products are not related, and even worse, the company is not regulated. Invest with legit Forex trading software in the market that are offering reasonable returns to investors.

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2 Replies to “The Grade Money Review: Is thegrademoney.com Scam?”

  1. السلام عليكم ورحمة الله وبركاته,

    Firstly, I wanna swear by Allah that what I’m saying is the truth. Wallahi this is what happened. Alright so here is my experience. Firstly, before I even get to the actual EA. I just wanna say that GradeMoneyFX or Hamza takes days or even longer to even reply. Like if you bought the software and sent him payment, he would reply days later. After finally buying software, I had to literally BEG him to please send it, please send it now, please send it now. He asked me for email and I would write my email. Then after a couple of days, he would ask for email and I would write again. He did this 3 times. Finally, he sends the EA to my email and a guide to go along with it. I followed the directions and setup everything. I set it up on two accounts. One on a live account and another on a demo account. I followed the same risk settings as were written in the guide. In both accounts, I gained very little and then it blew both accounts. I’ve heard the same from everybody I talked to. This EA does not work at all. Do not buy it. Its a waste of your money and time. It’s not just a scam, but the fact of how the customer is treated is also very bad. Allah knows the truth and how he does business. He will take care of this on the Day of Judgment. I’m done going after him. I’m willing to give way more info if any of you have questions, contact me on [email protected]

    جزاك اللهُ خيراً

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