KarmaForexSignals.com Review

3.168 • 15 REVIEWS
Out of business
Updated: Apr 13, 2022
Website is down. Company seems to be out of business.
KarmaForexSignals.com
Out of business
3.168 • 15 REVIEWS

Recent User Reviews of KarmaForexSignals.com

E
ed
dxb,
Jul 14, 2008,
Guest

good news
this scam got shut down, after stealing a lot of money
D
Dfx
NZ,
Dec 24, 2007,
Guest

scam !!! - Now they are an IB of one of the brokers - simply because they want to make money from another source whereas their fx signal didn't work at all. Like others said SL=200 pips for a profit of 20 pips.
C
Charlie
Indonesia,
Nov 9, 2007,
Guest

Felix, If you want to find a bastard in a forex.
No need to go far away. Just goto the Karma forex , and you will know this is a real bastard in a forex industry.
I am not sure, why some guy in here even give 5 star for this stupid bastard site.
When you paid 150 USD, almost immediately you will find it is a not just scam, but a real bastard.
I just sign it 1 week ago, still now my membership with karma still active.

Do not been cheated by their performance. It is not true. They only put their signal in a platform. SO you have to watch their platform 24/5 and don't go to other place. Cause they will not send sms to your mobile phone. They only promise to sent it, but it was not.
That is only the first they are bastard.
The other one is: when they has been cut loss their position. Their platform still active, did not show the position has been cut off. Remember 200 pips to cut the loss position.
After 300 pips loss, and if 7-8 hours again, price go back to their entry position. Do you know what they are doing ?
They simply said they are not cut loss 200 pips, only 50 pips or something like that.
So this is the second part they are bastard.
The position clearly has been cut loss, but they say no.
If you e-mail them, they will not answer it.

They are so many scam forex in internet, like fxringleader, centralpips, dashboardfx,versusboardfx and acetrader. Consider they only some part cheating with the
TP1, TP2 up to TP3, so can cheat people with their performance.

But compare to this site they are only a small scam, this is a big giant scam bastard.

Felix, I hope next time you put the rating "Bastard". So we can choose which one is a bastard and which one is only a scam.
I tell you this site is a real bastard.

Not only a scam with the performance, but a real real bastard.
I say once again; hopefully nobody like me wasted money 150 USD to donor for this stupid bastard.
And there is no money back guarantee. Their site is a trap to cheat people for 150 USD.

This guy completely do not has any honor.
Without guilty they continue to open their site.
So, every body said 5 star in this site, maybe is his friend too or maybe someone who will happy when they have been cheated. Cause really this guy is a bastard. Believe me.

Nothing fxRingleader compare to this stupid big scam bastard site.
Maybe someone who open this site, they loose all their money in a forex. They find a way to get their money back with open the site, so can get their money back.
R
Remy
France,
Oct 9, 2007,
Guest

After two months with us, 300$ spending, a lot of take profit signals BEFORE the entry, and an amazing stop loss (+250 pips) for just 20 pips of profit, and the best for the end : on october 08, buy signal for gold at 733$/once, with TP at 737 hit some hours later, whereas price never up than 734 !!!
A big scam !
N
neil willis
germany,
Sep 16, 2007,
Guest

SCAM - none of the figures on their website make any sense when compared to a chart. Try the september 13th & 14th figures they state - none make sense.
Plus - they target 20 pips for a 225 pip stop loss..!!!
G
Gabriel
SoCal., USA,
Sep 4, 2007,
Guest

I've subscribed to this signal service and after using it, though for an admittedly short time so far, I can now say that their signals are real and subsequently reported.
My only gripe is that they could definitely use SMS (which they say are working to include with the signal service). What they use at moment to deliver signals and updates is a standard basic java-like platform. When I first opened it there were a couple trades still open from back early July to August (without a SL evidently) so beware.
Otherwise, they're good about placing stops, though you may not want to risk a 300 pip drawdown from time-to-time (as reported in their performance) for a TP that is less than the risk involved. Some trades, like aforementioned, are left to run without a SL - so your discretion is advised - of course.
I feel comfortable trading with them, appreciate their transparency and timely response in regard to my emails as well. As a signal service I'm giving it a four-star rating because they don't yet have more ways of signaling than via the online platform. Otherwise, it would be out-of-bounds for me to judge beyond what it simply is and claims to be: a signal service that delivers.
Thank you.
K
Krishna
Indonesia,
Sep 3, 2007,
Guest

I know the founder, he is good. and so far the signals so good. the support is really good. the trades time is suitable for me. two thumbs up !!!
D
David
Indonesia,
Sep 3, 2007,
Guest

Scam signal provider. Not accurate performance figures and also expensive. Do not ever give your money to this scammer!
P
pips hunter
brisbane, UK,
Sep 2, 2007,
Guest

NO rating as i never tried them but i heard that the results are fake,you can ask harry if you are in rob's room, he will tell you,he tried them
you receive a signal for a 30 pips target for a stop loss of 100 pips ( sometime no stop loss mentioned). SO imagine for 2 targets hit ( 60 pips) you will loose them in just one stop loss. Plus many time the stop loss is hit and they will mention in their performance webpage that they hit the target,before the price retraced and hit the stop loss.
I understand that a 5-10 pips difference from a broker to another, but not 50 pips, in one trade they were far from their target by 50 pips, and they mentioned that on their plateform the target level reached and they closed the trade.
ADD to that the monthly fee is very high, i mean no signal company takes 150$ per month from you apart the secret forex society rooms which they are the guenine signal in forex and honest people, plus you can learn from felix and rob how and why they are enterring now, it is not just a blind signal to follow.So i am ready to pay more but for a honest guy like rob who gives you a 20-30 pips Stop loss for a 50 + target, thats the way it should be folks, a tight stop loss with a huge target, not a blind signal to hit 30 pips target you stay suspended in the air with a 100+ pips drawdown waiting for the price to retrace 100 pips to hit the 30 pips
So guys the conclusion is that you need to trade with the same broker that they do, otherwsie they will create story for you, beside that the gold target is 200-300 pips, so if you have a broker with a large spread on gold you will finish with a margin call as there is no stop loss on gold signal.
M
Martin Simonsen
Denmark/Spain,
Aug 24, 2007,
Guest

I have received trading signals from KarmaForexSignals for 5 days now, and in those 5 days, I have increased my account with almost 20% :-)
I must say that I am more than impressed with the results but also with the people behind KarmaForexSignals... Keep up the good work!