forexsignalsdirect.com Review

3.336 • 11 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down.  Company seems to be out of business.

forexsignalsdirect.com
Out of business
3.336 • 11 REVIEWS

Recent User Reviews of forexsignalsdirect.com

R
Rob
uk,
Nov 18, 2007,
Guest

To follow up my previous post. I now am fully convinced of this scam. FXSD supply signals purely to get income from members who need this guidance not to provide a real service to anyone.It came close to my monthly payment day and sure enough these scammers tried to take money from my card again 2 days early. I had sent 5 emails to cancel starting almost 2 weeks before subscription date using the 3 different email addresses they had given and not one reply accepting my cancellation yet I had received an email about a technical problem I was having proving they were receiving my messages but the same service wouldn't acknowledge my cancellation. Please don't get caught by this scammer. Their signals have netted big losses in both my demo account and live accounts and they WILL ignore cancellation requests just to steal an extra months subscription. Not the action of an honorable provider.

2007-11-14 Scam Absolute wasters.
The FXSD changeover has been a monumental mess. There has been no clear explanation on their historic data to many questions. I couldn't trade their signals for 3 months after they introduced a new system because there was data left over from previous months that was very confusing. I was losing money on live and demo trades trying to select a system that offered some net gains. I tried to suspend my membership until I had re-gathered my confidence and they would not even respond to me. It appeared that they were trying to steal an extra months subscription and my view is that any company so small minded as to take an extra months money from unsatisfied customers is clearly not focused on the right issues.. the members who remain.
Save your money there are many signal companies available offering better service.
D
dmac
usa,
Sep 24, 2007,
Guest

I followed their free trial signals and have to admit they were doing well. I signed up for three months in advance for their service and that was when everything went bad. From that point on it was one big loss after another. They would risk 100 pips on trades that sometimes had targets of 40 pips. I haven't been trading long but even I could tell these trades were crazy. I requested a refund within the 30 day guarantee. They sent me an email telling me they were processing my refund. I never got my refund. This is months later. I say they are dishonest and a scam! Please stay away.
L
Lolo
Bora Bora,
Aug 28, 2007,
Guest

Signals tend to give you 20-30 pips most of the times but then if you dont move your stop to protect it you might end up with -100 pips.
They tried to pick the bottoms of the move in July and it ended with -1000 pips when it was obvious failure.They seem to be honest, post the signals on time and have a fair share of winners. But what I dont like about those signals is:
- I cant open a trade with undetermined stoploss or a stop greater than 100 pips
- dont feel comfortable entering trades where I dont understand the reason for entry.

I give them 3 *** for being honest but a black box system does not align with my personality.
J
Jassim
Kuwait,
Aug 8, 2007,
Guest

This is my fourth month with them and im happy because of so many things, i dont get only signals from those guys, they also explain with videos what they are doing. Regards what they had in July, we cant they are scam because only of one month!! now im posing this in the first week of Aug, they had 4 trades and all were profitable with +490 and more... E.S, from Cali, please post positive things when they do have good trades! not staying silent and waiting for a drop and start giving out negative points!
R
romerez
Aus,
Jul 31, 2007,
Guest

I give them 3 stars....I have followed them since the free trial a few months back and they do post honest results. The video analysis they do is quite beneficial as well although as 1 review stated they are becoming less frequent. The price they charge is also reasonably fair.

The reason I only give them 3 stars is this month (July 2007) they had a 800pip DRAWDOWN and at 1 stage it was almost 1000pips. I know every system has drawdown periods but I'm sorry 800pips is just far to heavy for my liking. For this reason I unsubscribed to their service.
E
E.S.
California, U.S.A.,
Jul 30, 2007,
Guest

With one day left in July this service is down -964 pips for the month. You people still don't believe these people were affliated with Aden Rusfeldt?
M
Micky Lovell
LONDON,
Jul 18, 2007,
Guest

I have been with this outfit since April 2007 which was when they were offering a free trial. As their results have been excellent since then I signed up for their signals at $80 per month. I have read E.S. of California's review below and, although this has caused me some trepidation, I reckon that the proof of the pudding is in the eating, as they say. I am showing a healthy profit and as I manage my own money there is no chance of Aden Rusfeldt or anybody else scamming my money. I do agree that if their claims for pre-April are results of back-testing then profits are probably exaggerated. I will say that even if they are only half of their claim then you would still be in healthy-profit land. As the other reviews have stated they are very sharp with their updates, but woefully sloppy with their current monthly postings. The prices they signal are generally available but, as we all know, price doesn't stand still for anybody and occasionally you may miss ten pips or so. They offer videos to explain the logic of some of their signals, but these are becoming more sporadic. i hope that this is not the start of a bad trend. As it stands now I give them 4 stars. If they manage to resolve the sloppiness of their regular updates I see no reason to change my rating.
T
Tom Randol
Florida,
Jul 12, 2007,
Guest

I have been with this service for 3 months now. Price is very fair. Anyhow I have gained a lot of confidence in their ability to spot short term trends. They also post very informative and educational videos showing the chart patterns that justify their most recent picks. One problem is that they sometimes hedge positions. Because I don't have two accounts, I just don't trade those positions. So far it hasn't had any impact on my success with them. Very honest and hardworking group.
R
Richard H
Calgary, Alberta,
Jul 10, 2007,
Guest

I have found these guys to be completely professional. The signals are ALWAYS updated on time and I have made positive PIPS every month following their recommendations. I rate them 4 Stars instead of 5 because they sometimes update a little early and pairs have moved by the time you see the signal at the scheduled time. They would benefit by using an SMS Text Message Service in this regard to give their clients a heads-up. Also, their own posted track record is sometimes several days behind which I just find sloppy. Reasoning for some recommended positions are posted frequently on their website by way of video. I think this service is well worth it.
L
Larry Townsend
Michigan,
Jul 10, 2007,
Guest

Have been with FXSD for 4 months now, the first 2 were free as they got it set up and running. Traded those in a demo account with excellent results, so signed in at their beginning. The Signals 4 times a day are sporatic, but if there's nothing to trade, then trade nothing. Results have been outstanding. So far can only say good things about them.