Forexsigns.com Review
3.069 •
3 REVIEWS
Out of business
Updated: Apr 13, 2022
•
Website is down. Company seems to be out of business.
Out of business
3.069 •
3 REVIEWS
Recent User Reviews of Forexsigns.com
P
Philip Bagai
New York,
Apr 12, 2010,
Guest
I am not sure about the trading platform since I dropped out before I trade live account, but as for the training, they do have a very good training that is well formulated. I did learned a lot from them, and I do recommend any traders to take their classes.
F
FSI PR
New York,
Mar 15, 2010,
Guest
Regarding the post of Robert from San Antonio, we have never had any client with name Robert in 2007. At the same time, Forex Signs, Inc. does not accept clients' fund directly from clients as CTA registered with CFTC. All clients' funds are directly deposited to the clearinghouse. If there is any issue still, you may contact our office directly at 800.779.5013 to resolve the issue.
FSI is CTA registered Research and Development Company focus on Market Research and Trading System Development while providing client support services against their clearinghouses.
FSI is CTA registered Research and Development Company focus on Market Research and Trading System Development while providing client support services against their clearinghouses.
R
Robert
San Antonio,
Jul 30, 2007,
Guest
SCAM SCAM SCAM
They will not send my money back to me! I sent in a withdrawl request three times and called/ emailed about 100 times. They never answer their phone ore return emails/phone recording messages if you want to withdrawl funds. I will post an update IF I EVER GET MY MONEY BACK.
They will not send my money back to me! I sent in a withdrawl request three times and called/ emailed about 100 times. They never answer their phone ore return emails/phone recording messages if you want to withdrawl funds. I will post an update IF I EVER GET MY MONEY BACK.
M
Mike Kim
New York, NY,
Apr 4, 2007,
Guest
Pros:
Proprietary trading program. It is fairly easy to pass the evaluation and you can double the capital. For example, if you start the account with $5000, the company will match that eventually and make into $10,000 account. You can check out the requirement on their site under Services -> Prop program. They are pretty specific in what you are getting into. It's not like other places where open account first and we'll see what we can do about you.
Fixed spread even during news. Matter of fact, the server is quite slow in such way that SOMETIMES you have one or two extra second to place in the order, which is the most craziest thing I ever seen. It's really sweet.
Competitive spread. 3 to 4 pips on most. Just because they fixed the spread, doesn't mean they made the spread large. It's not the best out there, but if you are trading news, this is pretty good.
They accept complaints and they are willing to change clearninghouse. They themselves use the same clearinghouse that we use and they will take care of complaints for us. At least you know that you are with their side, not against.
Mini-account available. 200:1 leverage.
Cons:
While it's easy to pass the evaluation for the proprietary trading program, it can take a long time.
Limit orders has to be placed 20 pips away from the current price. So if you use limit order to trade news, it's not that great. You are better off using market order for news trading.
Opening account is a bit of hassle. It's not completely online and you still have to fax informations. They also currently do not accept credit card or check, only wire directly to clearinghouse. They are registered with NFA and NFA does not let them accept funds directly. At least withdrawal is fairly easy process.
Conclusion:
All in all, you can make a lot of money and take advantage of the system as long as it lasts and most likely when the clearinghouse catches up to us, Forex Signs will get another clearinghouse for us to take advantage of.
Proprietary trading program. It is fairly easy to pass the evaluation and you can double the capital. For example, if you start the account with $5000, the company will match that eventually and make into $10,000 account. You can check out the requirement on their site under Services -> Prop program. They are pretty specific in what you are getting into. It's not like other places where open account first and we'll see what we can do about you.
Fixed spread even during news. Matter of fact, the server is quite slow in such way that SOMETIMES you have one or two extra second to place in the order, which is the most craziest thing I ever seen. It's really sweet.
Competitive spread. 3 to 4 pips on most. Just because they fixed the spread, doesn't mean they made the spread large. It's not the best out there, but if you are trading news, this is pretty good.
They accept complaints and they are willing to change clearninghouse. They themselves use the same clearinghouse that we use and they will take care of complaints for us. At least you know that you are with their side, not against.
Mini-account available. 200:1 leverage.
Cons:
While it's easy to pass the evaluation for the proprietary trading program, it can take a long time.
Limit orders has to be placed 20 pips away from the current price. So if you use limit order to trade news, it's not that great. You are better off using market order for news trading.
Opening account is a bit of hassle. It's not completely online and you still have to fax informations. They also currently do not accept credit card or check, only wire directly to clearinghouse. They are registered with NFA and NFA does not let them accept funds directly. At least withdrawal is fairly easy process.
Conclusion:
All in all, you can make a lot of money and take advantage of the system as long as it lasts and most likely when the clearinghouse catches up to us, Forex Signs will get another clearinghouse for us to take advantage of.