5StarSignals.com Review

4.536 • 14 REVIEWS
Out of business Mariska van de Langenberg
Updated: Apr 13, 2022
Website is down. Company seems to be out of business.
5StarSignals.com
Out of business

5StarSignals.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
5SS PAMM +0.01 4,726.7 +30.487
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
4.536 • 14 REVIEWS

Recent User Reviews of 5StarSignals.com

D
Dave
Winsconsin, USA,
Jul 22, 2016,
Guest

This guys Dean black and Mariska stole allllll the money. I told you people. Some of these people who have 5 stars listed lost 17k or more.

2016-02-06 1 Star Horse! Absolute horse! When things were going good the company ran fine. But 5SS hit a rough patch and nobody wanted to take responsibllity. Dean Black despite many pleas to stop trading and let the money return to the investors refused. And blames it on his family issues!! A breach of agreement on what the DD would be and a shut down and instead of shutting the account down, he took control of it despite not being authorized by the investors to do so and the DD went from 8 to 32 percent. Who does this?
V
Vera Moorer
Amsterdam, Netherlands,
Dec 5, 2015,
Guest

I am an affiliate since the start mid 2014. Me and my boyfriend have several PAMM's with 5SS. No need to say after you read all the reviews they are very good!
I love the way the owners are communicating with the members: in a very open and transparant way! They also have a clear vision to really help the little investors to become wealthy. They are very clear in their statements about the risks of forex trading, so that every one knows what to expect, and what risk level suits him.
They find education about compliance extremely important, and expect every member to act in a compliant way. They hate scams, and teach how to avoid them. They also teach a lot of forex facts. And that, in a very humourous way. It is every day a joy to read and interact in the closed member Facebook group.
D
Daan Schrama
HILLEGOM, Netherlands,
Nov 27, 2015,
Guest

What is good: Nothing

What is Bad:
5StarSignals is a mlm company which has no physical product, they only sell mediocre training shared in video's and facebook groups.
On the website is advertised an unregistered security which is illegal to sell without a proper registration. Authorities in The Netherlands are already stepping up:

http://behindmlm.com/mlm/regulation/5-star-signals-issues-non-compliance-fine-by-amf

What is more scary is that it was originally all the project of "Marie Shaw" of which we thought she was a real person. I am still sad she died: https://www.facebook.com/emilypmendez/posts/780551788701644?fref=nf but she is not a real person!
It is the irish forex trader Dean Black who did give the money of the old PAMM accounts to a relative who had a "street debt".

http://behindmlm.com/companies/5-star-signals-forex-founded-on-years-of-lies-deception/

Furthermore 5StarSignals trades threw the non compliant Tallinex broker which offers illegal account to US residents. The other broker they trade with cancelled all US accounts when they got into compliancy. This is my prediction to happen to all the accounts of US 5SS member accounts when Tallinex get's into compliancy.

Overall: This could be bad.. but it is terrible because of the fine they got from AFM. Avoid joining this scam.
D
Reply by 5SSFX submitted Nov 29, 2015:
Hi Daan. This is a review system for clients to post reviews of real experiences. Not for random repostings of hearsay. Without even doing a search of our members we could ascertain quickly you are not (and have not been) a member of 5SS. If you were, you would know the real situation with the AFM, since we explained this to our members. (You would not be reading it and reposting from a bias blog). Dean Black is Scottish, not Irish. 5SS posted a blog that rebuked the use of hearsay and selective editing to misrepresent the facts of the second blog you post (and you'd only have to look as far as the comment section to read it). You claim, particularly here on a Forex site of all places, that Dean stole the PAMM account money to pay debts is ludicrous and since this is mainly an avenue for experienced traders most people are going to see this as the mindless reposting of hearsay (impossible hearsay at that). The man you link to actually said Forex PAMMs could be Ponzi schemes and when 5SS offered verified Myfxbook accounts they were told "No one cares about what your buddies on some random Forex site say" - with this in mind, I'd considered the content of the article and knowledge of the author on its own merit. To give you the true version of what happened, due to technical failures there was money lost in PAMMs and 5SS then paid back the investors losses since the fault was on their end. You were not affected by this Daan, but you can find other real clients who were below, they posted 5 star reviews and are very happy with the company, how we took responsibility for the losses incurred and the performance thereafter. Also probably the wrong place to slam Tallinex since most people here will know and agree they are a good broker. http://www.forexpeacearmy.com/public/review/www.tallinex.com However, your claim that everyone has to use Tallinex is further proof you have never held a PAMM account with 5SS. This is not the case. For a side note, if Tallinex was to stop accepting USA clients, what would probably happen would be the exact same as what happened with FinFX (who recommended Tallinex once they stopped doing retail business) - everyone got paid, every one was happy. Based on your review, the downside risk for 5SS clients is that one day the broker might send them all their money and they might not be able to have 5SS trade for them and they might miss us. I am not sure of the "mediocre training shared in video's and facebook groups" is. We have a forum (5ssforex.com) which is where the training content goes, it looks like you think the Free Forex Signals group is the paid training members group, it's not. It is Free Forex Signals. To compare our pricing to the market, forum costs either; $27 a month, $197 a month or $497 a month. Our forum costs $300 - $6,000 a year 30 - 600 pips a year cost on a standard lot. Very fair pricing. Since you have quit clearly never been in the training forums to know what is there I would suggest you are not qualified to comment. This is equally true of the PAMM accounts since, again, you have never done business with 5SS. You are simply reposting something a MLM blogger wrote about something he does not understand about and then went into a huff after we rebuked him and went on to make further misleading posts. https://5starsignals.com/rebuke-to-behindmlm-review-on-5-star-signals/ All in all Daan, you have posted someone else's ill informed and bias opinion as your own review of our service which you are not a member of.
F
Fabiana
Amsterdam, Netherlands,
Nov 23, 2015,
Guest

I have been with 5 Star Signals from the very start, because of the high standard expertise and intentions of the people who founded the company. I am even a founding member and affiliate of course. It feels good to know that Forex is now entering common people's lives to help them secure an (extra) income. Remarkable: you are always in control of your own money! Said it before: a safe haven. :-)
R
Robert
Amsterdam, Netherlands,
Nov 17, 2015,
Guest

I've joined 5StarSignals in the beginning of 2014 after having disappointment after disappointment in other (forex) biz. BUT... it was a relief to see how 5StarSignals was setup. How different pieces were separated under their own, clean roof. How easy it was to come aboard and more important... to stay in control over your own account and your own money. This is rather unique. I have strategies running and they are doing fine. Steady, stable, sustainable, long term and that's what I wanted and now... now i found it ! Finally ! Happy to be onboard. Happy with the whole team guiding us and keeping our investments as safe as safe can be. Way to go 5StarSignals !!!
R
Richard
MI, USA,
Nov 14, 2015,
Guest

I have been with 5SS since June. It has been a great service so far and I would highly recommend it to anyone.
B
Bill
England, United Kingdom,
Nov 13, 2015,
Guest

I joined 5 Star Signals as an affiliate a while ago when I first became aware of their plans to launch their Forex PAMMs. Aside from the PAMMs themselves what I like is the way the company is run, the transparency and the way the management communicate with their members. They have taken their time to source and negotiate the best deals for their membership and it shows. When they officially launched their PAMMS in June 2015 I watched for a while before investing. Having invested in PAMMs before I have to say I am really loving the NEWS PAMMS, we can see 5/6 trades per month on the NEWS PAMMS and the trades are usually over before we know it either for handsome profits or a small managed loss. My accounts are steadily making gains month on month and I am extremely positive for the future . While historical performance does not guarantee future performance the NEWS PAMMS and the new DAY TRADING PAMMS which are launching soon should offer investors something to suit their risk profile. With Mariska as CEO and a really top Head Analyst in Dean I believe 5SS and their members have a really bright future to look forward to.
R
Reinier
Flevoland, Netherlands,
Nov 11, 2015,
Guest

I have traded myself for some time and achieved 6% per month in average. Since 5SS does the job for me I have plenty time to do even more fun things. I am a business IT Guy and am very picky on business processes and support. Both are implemented well in this rather young company. I am in to 2 strategies for over 2 months now and both made me more money than I did myself before. Did I already say that I'm happy with 5SS? Well, I am.
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Andrew
Birmingham, United Kingdom,
Nov 11, 2015,
Guest

5 Star Signals PAMM accounts have allowed me to continue my forex education thus taking away the pressure that I needed to start making real returns. The PAMM to date has been fantastic and so much so that i am now an affiliate. The team at 5 Star have been fantastic offering a professional service with a personal touch A+++++
W
Wendy
, Canada,
Nov 10, 2015,
Guest

I have a PAMM account for a month now and so far have a net profit that outperformed my other investments within a short timeframe. I’m currently looking into opening another PAMM account with a different risk level. 5SS is a trustworthy, responsible and personable company worth looking into.