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V12 Trading (V12trading.com) is using elaborate and exorbitant claims to try and sign up naïve investors. The signal provider provides zero information regarding their background which is cause for concern. And this is why we need to stay away from the signal as it is a confirmed scam. They have been operating for a few months and the web is full of client complaints. Before committing yourself to this platform, it is best to get to read this detailed review.
Upon landing on their homepage, a banner states that this is the best trading signals out there. They also claim to have the world’s best traders using their services. Their stats include having 5 percent of all successful forex traders using their signal services. These claims are unfounded and not backed by any evidence. And this is why we plan to expose the people behind this platform. It is a rogue platform with no actual signal services taking place. There are a number of victims already crying foul after purchasing the signals.
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V12 Trading is simply out to steal funds from unsuspecting investors. They have created a well-designed website that throws off any investor. And this is another reason why investors should stay away from the platform. It is simply a well-laid trap for traders to fall for if they are not careful. Read this entire V12Trading review and get the truth.
The signal provider claims to have a 88 percent success rate and makes it a guarantee. One of the biggest lies is that investors will get profit daily after using this signal provider. The market is ever volatile and making such bold statements is throwing off investors. These developers claim that the signals received cater for Crypto, Forex, Gold, Indices, and Oil. It would seem that the signal provider has covered the full trading assets. All commodities are available for receiving signals from this provider.
There is no clear detail as to who operated and owns this platform. And this is a huge problem for investors as no one knows the full details of this platform. What seems to be a legitimate trading platform all over sudden is owned by anonymous people. Investors should be wary of all signal providers with no known reputation. For all we know, these could be amateur signal providers trying to make a name for them. It is best to have a reputable signal provider with years of experience at all times.
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The comments we have seen so far are from unsatisfied clients who have lost thanks to these signals. Most of them claim that the signal provider is unable to offer sufficient and on-time signals. There is a time delay that causes most of them to lose funds with the platform. And this is another reason to stay away from the platform. Without the comments being available, more and more investors would have fallen victim. Thanks to the comments, we know what to expect with the signal provider.
After looking at their domain information, it is clear to see why they offer such low services. Records show that the site went live on 7th October 2019. And this is the main reason why no one should sign up with such a platform. They have been in the industry for a few months and there are scathing comments about them. It goes to prove that the signal provider is unable to offer genuine signals. And this is another reason to stay away as they are far from being reliable.
This is a signal provider website with no credibility or proof of concept. It was established in 2019 and the average price of the monthly package is $49. They claim to offer a pip locking strategy although others claim they are using another strategy. Why they fail to disclose this strategy to users is beyond our comprehension. They also fail to disclose the trading time on their website. The signal frequency time is set at four to twelve times a day. With such a frequency, they should be able to provide accurate signals to their members.
V12 Trading is NOT LICENSED OR REGISTERED to offer any trading services to investors. They have not shown any evidence of being compliant with industry regulations. The IP information shows that most of their traffic comes from the United States. To find out whether they are regulated, we contacted the CFTC and NFA. Both of these regulators have not heard or regulated such a platform. And this poses a huge risk to anyone who deposits funds with the platform.
They are far from being able to cover funds deposited by investors. The deposits are not getting any insurance cover as dictated by trading regulations. This platform will not offer money-back guarantee services even if the platform is liable. And this means no one is safe from using their signals. Even if there is a technical breakdown on the side of the provider, investors lose money. And this is why investors should make sure to use platforms that have gained regulatory status.
V12 Trading is offering three packages to anyone willing to try their signals. These packages are listed for less than one month, three months, and a year. They claim that these are VIP signals and they are sent via Telegram. Users get the promise of receiving over 2,000 to 7,000 pips per month. Other package features include no commitment and risk management. We have a problem with their risk management feature as none of the victims ever got to get use this service.
The entire site does not have a contact page which shows how unprofessional they are. They want investors to buy the signals without having to talk to a representative. And this is a huge problem as it shows the provider wants to control the communication channel. They insist on contacting users via emails and not phone calls. With such a strict communication strategy, victims don’t get the chance to demand their funds. And this is another reason to stay away from the platform.
On their website, there is a section named ‘our past results’ which is unconvincing. Does this mean they are unable to update their results on a monthly basis? They only show images of their results which is not proof of success. Making such claims without backing them up is proof we are dealing with a rogue trading platform. The methodology of their strategies is also a huge problem. There is no clear information regarding why we should use this trading platform. And this is a good enough reason to stay away.
With no money-back guarantee features, the risks are enormous. And this is why no one should use the signal provider. The numerous complaints also add to the fact that this is a risky signal provider. It is best to stay away from it as t poses huge risks to anyone who signs up with them. They fail to offer security software for their main website and trading tools.
V12 Trading is a scam signals provider operated by amateurs. It is best you stay away from the platform or risk losing your entire funds. It is not a worthy signal provider as they don’t have any proof of concept. And this is why we have to flag them as a scam.
To protect our readers, we will be adding this robot to our scam blacklist.
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