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Discuss HonestForexSignals.com

General discussions of a financial company
Wow, this clever salesman denied the fact I was a member of his service and called me a pig :)
And again lies saying I requested a Western Union transaction.
I hope now no-one considers joining this scam service.
I lost money in October and early November using their signals btw
 
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he called you a pig. that really says it all.


...............................

donnaforex.com/forum/index.php?topic=3084.90


Quote from: umitgokergenc on June 16, 2013, 08:56:58 pm

I have tried a few signal sites before i tried HFS, i can't believe there are so many positive reviews about this service but i think most of them were poster from the people who work there. The only great service HFS does is that they really do great marketing, that s why i paid for their service.

I kept all the trade copier logs from them i will prove that all four past months were losing months.

But when you go to their website now, it says year 2013 so far is +2218 pips. Also it says on the website 31 day satisfaction guarantee or your money back. Sure, Robbie e-mailed me back and forth so many times to keep that $177, after so many e-mails he finally said ok i ll refund your purchase but he never did. So i finally gave up. Instead of signing up for HFS, you better just throw $177 out the window, that way at least you won't lose your time and extra money. This is it for me, i m never trying any other signal sites anymore, they never work.
 
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I fully agree with Shopster. This has lots of good reviews and no doubt a very active marketing team, but the trades are little or no good and you are likely to
loose more money the 177 each month if you use this service. I would recommend trying another more honest service.
 
Hey FPA, is this signal any good? I am confused...alot of reviews have been made which give it high stars, but then I read where there are possible fake good reviews made by people promoting the EA? I am lost and confused as to the "TRUE" review of this company. Thanks.
 
Well, since they did not respond to the 2 FPA requests to join their performance test in the reviews section, we can't tell you if they are good or not. But the fact that they did not join this performance test clearly indicates that they are not sure of the results.
Add to this that their responses to any unsatisfied trader were really rude. This tells a lot about the level of professionalism of those people.
 
Please take a look at the attachment that shows the performance of their signals for 20 trades on my real account. While they advertise a winning rate of 75% the performance for these 20 trades is only 45%. The biggest problem with this service is the lack of money management. For example the NZDJPY trade of 20 July had had a stop loss of 75.5 pips for a take profit of 19 pips. I don't know any trader that takes a trade with a risk reward ratio of 4:1; most traders want a risk reward ratio of 1:1 or 1:2. Another problem is that while the stop loss is usually hit the take profit is not. So big losses accumulate to easily negate the small profits made. By the way I am still waiting for the reimbursement of the $177 I paid to join their signal service. You can reach your own conclusion.
 

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I have been with Honest Forex Signal for a couple of months and I suspect that at least some of their good reviews are fake. They claimed yesterday (01/12/2015) that their last 30 days made hundreds of pips. That last 30 days is basically November of 2015. Please find attached a screenshot from their master account statistics of November, taken in the members area. It is the master account, not the slave, so no missed signals, and it is 52(!) pips, not 100s. So they were lying. Then 5 star reviews claim that they were 700+ in pips for that period of time, which makes me suspect that they are not real reviews. Other, again 5 star review claims 1-3 trades per day, with around 70% success rate. Well, just an other thing HFS should be questioned about. On their review page and on their home page they claim 500-1000 pips/month but I can prove it with screenshots and signal emails that they never achieved even 150, not in a single month. 150 still can be good, but the point is that they are not telling the truth about their achievements. An other 5 star (fake...?) review claims their worst month was 224. Well, they wish such a successful month! Again, an other 5 star review claims that they achieved around 300 pips in the time period of 10th of October - 20th of November 2015. Well, see the other screenshot...
FPA won`t publish screenshots from different reviewers because they are similar files. Well, yes, because THEY ARE SIMILAR (OR EXACTLY THE SAME) RESULTS!!!!!!! And not publishing even one of them, just because all are similar, is insane. HFS could never come up with a real evidence to defend themselves, but when we do, they refuse to publish it. Interesting...
Obviously I cannot prove everything, as it is not in my powers, this is only a strong suspicion. That`s why I will proceed to urge FPA to investigate them. I started labelling them as suspicious service providers, please pay close attention to the appropriate sections ot the FPA webpage.
 

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This pathetic email exchange just occured between me and HFS recently:

Email #1:
Hi there
I am reading the reviews on FPA and they are very
confusing. Some
claim that they made more than 700 pips with you in
November, some say
it is only around 60, and you just left a comment claiming it
is fake,
because you made hundreds. In fact, in the member area
your master
account shows that you made around 80 pips. The question
is not that
is 80 pips for a month good or bad, because we all know
pips don't
mean anything. My question is: am I not receiving all your
signals, is
your master account not showing all the trades, or how is
that
possible that you say you made hundreds, but as a member
I can not see
it?
Could you please answer me? This conversation will go on
FPA as a
review with a screenshot about your master account, and I
don't want
to say there that you just ignored me...
Thanks
John

Response:
John,
I'm in Connecticut this week with a relative that is in
hospice.
Can you please speak to customer support or we can speak
at the end of the
week?
Thank you.
-Ken

Email #2:
Hi Ken
No thank you, I would prefer a written statement of your
achievements
in pips, let's say about the last four months. It is not urgent,
it
can wait a couple of days.
Best wishes to your relative.
John

Response:
Dear John Chambers:
We have absolutely NO interest in working with you so we
will NOT be
providing you anything.
This must be what you do in your free time... We just
received a
notification from this company.
http://www.tradecomplaint.com/trading-reviews-
complaints/Others/honestforexsignals-com-reviews-
complaints/forex/fx-broker/honestforexsignals-com-
honestforexsignals-com-are-the-worst-scammer-and-fraud-
company_i21190#.VmB02XarRaQ&gsc.tab=0
You leave weird reviews like this calling us the "worst scam
company" and
you were *not ever a client* and threaten to post things on
the FPA?
I have copied the FPA here so they can see your foolish
attempts at
slandering our company on the internet and calling us a
SCAM when you were
not a customer, but it appears you *DO* run your own Forex
company... What
a coincidence.
We will be monitoring your defamation activities and the FPA
has been
notified.
Good luck to you. Do not contact us again with your spam,
threaten leaving
fake reviews on FPA, or ask for free memberships, etc ever
again.
Consider this a formal notice.
Sincerely,
Ken Dempsey

And my final email:
Oooooh you eventually decided not to provide me
evidence... that`s a
surprise!! But pretty understandable. Must be hard, if you
have NONE! You
pulled this link out of nowhere. I have nothing to do with
those reviews on
this tradecomplaint website, and you know that very well.
But why is that
even they have not a single good review about you?? I am
not your member?
How do I have screenshots about your member area then?
They are not proofs?
How are then the screenshots on your website proofs? You
pathetic idiots!
You notified FPA? I already notified them about this
"conversation", and am
going to post it in their forum - next to the screenshots I
already posted
there. I am not your member? I am your member. I am only
using the name
John Chambers to STAY your member - otherwise you
would cancel my
membership -, and I will post a screenshot about your
master account`s
statistics on the forum every month, so people can see your
REAL results
(you can beat it, posting evidence about your 5-6-7
hundreds of pips by
publishing a LIVE account - oh, sorry, I forgot you do not
have one...),
and when I have a good 6-7 months more evidence, I will
cancel my
membership, and sue the cr*p out of you on FPA using my
real identity. I`m
not hiding, because I have anything nasty to hide (like you
do), I`m doing
it, because this is the way to deal with you. I`m doing it to
gather
evidence against you. And again, I never called you
scammers. You are not
scammers. You make profit every now and then. You just lie
about your
results. You are not scammers. You are just liars. And I am
proving it by
screenshots now, and will ultimately prove it by using
screenshots, giving
my access to your members area to FPA if needed, giving
them the payment
receipts, and the signal emails received from you. Do not
worry my friends,
a couple of more months, and I hand over everything to
them!!
Good luck till then!

So that's it so far, keep updated, interesting bits are to come, screenshots about their master account's results every month!!
 
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This is what they display on their account now just right after 2 fatal trades. No trades on the master account, at the half of the month. How is it gonna be the usual 5-700 pips guys?? I tell you what. They are actually roughly -20 pips so far in December. When I pointed it out to them via email a couple of hours ago, they said they are going to hunt me down. Luckily, everything is becoming an evidence... To be continued...
 

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I asked a friend of mine from a different country to ask them to make a statement about their results for the last couple of months. Simple thing. They refused to do it. Then I emailed them from a country where I currently am (Hungary), from a new email address to do the same. Here comes our conversation again:

Ken, mate, third email address, third country, I am asking you to confess
your last couple of months results via a response email. I'm only doing it
because I want to be decent before filing a case on FPA. If you do not
respond, it will go to FPA together with Victoria Sudi's and John Chamber's
email to FPA as evidence.
Be Honest Once

Dear "Member",
Indeed December looks like our first losing month in over 6 months!
Can you please show us where we are not showing accurate pip counts though?
Also, if you can't use your real name, then you're not honest and we will
have to ignore you.
We expect to receive an email from you with your real name soon.
And fake reviews from Hungary? That was a good laugh!
Man up, and use your real name and call me on the phone. These games are
childish to say the least.
Merry Christmas!
Ken

Do not worry, you will receive a real name email from me very soon.
You will receive more than enough. I'm waiting for my membership to
expire in a couple of weeks, then we will crack on.
Where did you not show real pip results? In your statements on FPA
where you claim hundreds of pips for the October-November period, and
I have proofs that you did not have those results. Again, the question
is not that you are profitable or not - you are barely profitable,
your trades are rubbish, but that's not the question -, the question
is that wether you are lying about your performance or not. And we
both know that you are. Deleting your statistics from your member area
is a good clue about it itself.
And you refused to clearly state your results from the last couple of
months again, god knows after how many times doing so. I don't mind,
because FPA will ask the same and they will have the power to label
you as scam if you refuse to answer them, too.
This was my last try, as I said, I'm coming with my real identity
early January. I would wish you a marry hristmas but I do not think
you deserve it.


Then you won't be replied to anymore.
We're 100% honest, we say all the time there ARE losing months in Forex.
Blocking you. Bye.


You f*cking idiot, it is not about losing or winning, it is about
lying about your results. I cannot emphasize it more. If you pretend
that you are this stupid, or if you are relly that stupid that you
just don't understand this simple thing, that is your business. What
I'm going to do in January is that I show FPA your review comment
where you claimed hundreds of pips for a time period, then I'm gonna
show them the proof about your REAL results for that period. They
won't pretend that they don't understand what I'm talking about!!

Here we are now, it is gonna be a satisfying January!!!! :)
 
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