FX-Deals.com Review

1.811 • 4 REVIEWS
Out of business
Updated: Apr 13, 2022

Website now points to an advertising landing page for Verizon.  Forex company at this location seems to be out of business.

FX-Deals.com
Out of business
1.811 • 4 REVIEWS

Recent User Reviews of FX-Deals.com

J
James
Indonesia,
Nov 18, 2007,
Guest

I have a completely different view with other saying about this site.
OK. they promote they can get 300 pips a month. May be it is a little bit exxagerating.
Cause after you calculate it all they only get 190 pips a month for average.
However, what they put in a performance is a very honest, day by day you could actually see they result without cheating.
SOME SITE like FXRINGLEADER, VERSUSBOARDFX and KARMA FOREX. They all cheat about their result. They have no honest, they are scam. But this site is different. They are honest. AND you all know honesty is one of the best you should find in internet about the service.
Maybe they could not get money as fast as other site, but they are honest. Remember.
Honesty is the most important thing in this service.
So, I will give them 4 star. Consider their performance is no good.
H
hoker
US,
Jun 16, 2006,
Guest

On the first few signals they sent, I noticed that their entry price was always better than the current market price. According to the price chart, they must have gotten in just before a quick movement. In at least one case, their buy entry price was better than my broker's daily low ask quote! After seeing this pattern a few weeks, I realized that all they do is wait for a quick price movement (~10 pips in ~2 minutes) and then send out an entry signal based on the price before the movement. This makes it look like the price moved in between when their signal fired and when it arrived in your mailbox. So, if you enter your trades at market based on their signals, you will earn ~10 pips less per winning trade and lose ~10 pips more per losing trade, costing you ~400 pips a month, which is more than their average monthly return. If you use limit orders for the entry, you will lose the same amount as they on losing trades and make the same amount on some winning trades, but you will miss some winning trades when the price does not retrace to their entry price, so you still cannot match their posted performance.
F
Franz
Luxembourg,
Apr 4, 2006,
Guest

After one month of trading their signals I realized that it would be better to trade AGAINST their signals: I would have made a lot of money that way....
P
Peter
Surrey,
Apr 3, 2006,
Guest

fxdeals has been traded on the remote fx-auto.com platform for March 06 and it has been found to be falsifying its published website results compared to those actually achieved on the fx-auto traded account -be warned!