Wizard Forex System Review: Scam Trading Indicator?

Wizard Forex System Review: Scam Trading Indicator?

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Wizard Forex system is an online-based trading indicator that aims at making profits for investors. The platform is introduced by Joe Donaldson, who claims to have a professional team behind the software, and he boasts of top-notch experience guaranteeing constant returns to investors.

Joe claims to have been trading for 12 years and that he started does invest without experience, and he was able to come up with the software to do lots of practice and research. He claims that he was able to team up with other investors and come up with the software; however, how they came up with the robot is not well explained.

Investors and promised constant profit; however, this statement is not accurate due to the volatility of the market. Legit indicators will lower the risk you encounter, but they do not dismiss the fact that you made end up facing losses if you fail to trade wisely or trust scam platforms.

However, the founder only provides his name, and this is not enough information that you can use to trust anything he claims. They also do not talk how about how the software operates and the only tell investors that they can make profits are you trading in Forex. Review investors get alerts whenever a signal is ready, and they never miss a trade while using the software. They urge customers they can trade on all pairs, and that spread is not an issue for the company.

The software supports scalping, and the robot supports all trading styles, signals are generated in a time frame. Investors receive alerts via audio and emails, and they claim to assist you in setting up the robot.

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The information provided on the sales page is not enough to trust the Wizard Forex System as a legit indicator; they do not provide the needed information. However, there are profiting signal providers that you can trust and are evident in the method of operation.

The platform also promises investors refund within seven days in case you receive a terrible software, or you are not satisfied with the robot. However, seven days is not enough time for you to test the credibility of the robot, and even 30 days still less time but considerable.

Wizard Forex System Review, Platform

Not only do you risk losing money to this company, but also your personal information may be shared with criminals. The Investment firm has not been in the market for more than five years, yet they claim to have top-notch experience in the trade world. only provides you with information, which is general knowledge of how you can make profits in the trade world, yet how the software works are not known. The platform tries to hide their murkiness by using charts from 2015 on this chance of not change ever since, meaning no trade is taking place in this investment firm.

Moreover, Ponzi schemes always will use fake graphs that are made up, and the chart always goes up, yet this is not the real outcome while you trade. Forex trading is just like any other business investors may encounter losses while trading, and if you buy wisely and use legit platforms, you will end up making a reasonable profit.

Wizard Forex System boasts on the platform that they were able to make $19000 with no evidence to support this information. The owner introduces the platform by claiming it is easy to earn pips through his trading strategies, but how the robot operates is the question that is left unanswered.

Nothing this platform does make sense or adds up, and you’ll only be making the company owners productive while you end up losing your hard-earned cash. Furthermore, trusting a platform with no trade evidence of at least three months is unwise.

Funds Safety

Wizard Forex System software costs $87 on offer but usually costs $199, and you have seven days to test if it is suitable for you. Clients can purchase the product via PayPal MasterCard and other methods of payment; however, the platform does not provide you with any banking details that they use.

Not enough information is provided regarding the company owners and the team behind the platform for you to know who is controlling your money. Your fund is not safe in this investment firm, and you may end up losing all your money; hence you should only trust legit signal providers to make a profit for you.


Wizard Forex System provides testimonies of alleged happy investors who claim to have benefited profitably for an extended period. However, do not be quick to fall for their catch and believe any of these claims because we cannot verify how accurate this information is.

One client even claims he was able to make more than 300 pips, but there is no link to the trade, and this is an absolute lie. No names are mentioned of the investors, and they use stock images, which is common among scammers.

Regulation and Customer Support

Wizard Forex System it’s not a regulated platform and is operating illegally while generating funds from the public. Legit investment firms will always provide you with the required regulatory documents, and they can easily be verified.

The company risks facing closure at any given time with all your investment funds, and you should only invest with companies that are allowed to get money from the public legally. However, unregulated companies will break the law at any given time, and they’re not answerable to any regulatory body.

The owner of the platform does not provide you with any information on the whereabouts that you can use to trace them. Once you fall for their catch, your account may be deleted, and you’ll be prevented from accessing the platform immediately; they have your money.

Legit platforms will always provide practical contact support, and they respond to customers’ queries. However, Wizard Forex System does not mention any information that you can use to contact them just in case you require assistance, and this is a major red flag.

You have to write an email for you to reach the platform, but you’re not guaranteed that you will receive a reply regarding your query. The owners of this platform risk facing criminal prosecutions and is the main reason they do not provide any information that may lead to their tracing.

Final Verdict

Wizard Forex System has a powerful shadow method of operation and one that you cannot trust your money to generate profits for you. Legit  Forex trading firms are always transparent in the way of service and they provide regulatory documents to investors to boost genuineness.

Contact support that is working is critical and you can reach the company just in case you require a refund. You are required to know the whereabouts of the people behind the platform for you to earn trust in the company.

Wizard Forex System uses fake testimonies as a way of hiding their murkiness and swindles all of your money once you fall for their catch. However, if you’re looking to make any profit from indicators, you need to see at least three months of past trade transactions that you can verify will earn profits for you.

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