We haven't tried the forex trading signals from NellerForex.com. If you have used these trading signals, please leave a review here.
UPDATE: The FPA is conducting an EA from this company on a demo account. Please click the link towards the upper-left to follow the results.
The previous live signals test has been stopped since Neller no longer offers signals. You can see the results from the drop down menu on the top of the EA test.
dennis, Florida, USA
Date of Post:
I tested this EA around the first of the year. The first problem was the system will not work on every broker so you have significant limitations to start with. I give the folks at Neller credit for working with me till we finally got set up on a broker the system would work on. I put the system on a $10k demo and ran it with default settings. In 30 days, the EA lost nearly $4k of the $10k account.
I was very polite and noted that I was sorry the system had such a bad run and that I hoped perhaps they would be able to work with it to improve the results. I asked for a refund based on the performance. Suddenly the folks at Neller did not respond to my email or Skype communications. I made 4 attempts to get my refund and never received so much as a reply to any of my inquiries.
To say that I am disappointed is an understatement. While the system performance was clearly unacceptable, the total lack of communication is an insurmountable problem. No one should have any dealing with this company as they are clearly simple scammers. Run as fast as you can away from these people!
Risk Warning. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all
investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in
foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you
should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign
exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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