2009 Forex Software and Signals Scam of the Year Nominees

[AsstModerator]

2009 Forex Software and Signals Scam of the Year Nominees
(in chronological order)​

EABoss.com – Software
EA Boss and Forex Magic Machine were detected as software pirates at about the same time. EA Boss turned out to be a very expensive copy of FapTurbo.

TheForexMagicMachine.com – Software
The Forex Magic Machine turned out to be a reverse engineered of a free EA.

Article about EA Boss and Forex Magic Machine

FPA Scam Finding against EA Boss and Forex Magic Machine


TrueFxSignals.com – Signals
An alert FPA member notice that this company claimed that it was "a registered and NFA monitored company". They claimed to have been sending their signals to the NFA and that the NFA monitored these to make sure they matched what was on the website. The FPA called the NFA. There is no program like that and TrueFxSignals never even began any registration process there. Read the article to find out about some of the other areas where True Fx Signals was less than truthful.

Article about True Fx Signals

FPA Scam Finding against TrueFxSignals.com


ForexTurboProfits.com – Software
Forex Turbo Profits and Rem Expert were detected as software pirates at about the same time. ForexTurboProfits turned out to be a very expensive version of FAPS (Forex Autopilot)

RemExpert from BuyExpertAdvisor.com – Software
Rem Expert from Buy Expert Advisor turned out to be a slightly altered FapTurbo clone.

Article about Forex Turbo Profits and Rem Expert

FPA Scam Finding against ForexTurboProfits.com and RemExpert from BuyExpertAdvisor.com


TrendForex.com – Software
Pre release advertising contained images claiming to be trading records of this product. The prices shown were never approached on the dates the trades supposedly happened on. This goes beyond the usual level of marketing exaggeration.

Article about Trend Forex

FPA Scam Finding against


PipsLeader.com – Software
Another piece of pirated software. This one turned out to be a slightly altered clone of a free EA.

Article about Pips Leader

FPA Scam Finding against PipsLeader.com

 

[amanarora24]

thank you very very very very very very much as I was about to buy ea's boss..............and now i wont and thanks again happy new year celebrate this 2011 with forexpeacearmy and sir Henry loiu................

thanks a lot for this thread

aman