Problem Cobratate.com Forex signal provider is a scam. Formidable Forex Powerhouse.

[T Side]

To put things into perspective -

If someone had started Tate's forex program at the beginning of this month (April) and followed all of the program's instructions to a tee - you would now be down by around -12%.

Most trades do actually win (26 wins vs. 13 losses so far this month, at time of writing) but the problem is that the wins are only very small.

Whenever a trade loses it usually loses a large amount, wiping out the profits of about 7 or 8 winning trades.

Peter, just before I proceed... please could you share the math... I have just looked again at 1/04-30/04 and according to the total I’m up on that period, whilst my over all balance is down by around 11%.... I just want to be absolutely sure before...

 

[Cobratatescam]

The OP has invited the company to this discussion on May 1, 2020 at 10:19 AM

 

[Peter29]

Peter, just before I proceed... please could you share the math... I have just looked again at 1/04-30/04 and according to the total I’m up on that period, whilst my over all balance is down by around 11%.... I just want to be absolutely sure before...

There is no way you could have gained during that period unless you were lucky enough to miss some of the losing trades.

The -12% figure I got was using a £1,500 starting balance (approx. $1,850).

If you had smaller starting balance, your loss would probably be a bit less. If you had a larger balance, your loss would probably be a bit more.

 

[alexstefan22]

I was considering buying the membership too. But now that I read all this I don't want to do it anymore. Do you guys know a good signal provider tho? With a good value-price ratio for the membership

 

[4evermaat]

@T Side @Peter29 @alexstefan22 and everyone else:

You all need to open your own SEPARATE scam alert cases about Cobrate or whomever scammed you and attach evidence to your own case.

Do not cross post in other threads.

 

[Pete40]

We are all sharing about the same provider. If one is resolved we can all see it. No one wants to visit multiple posts discussing the same issues that then get lost.

 

[Cobratatescam]

We are all sharing about the same provider. If one is resolved we can all see it. No one wants to visit multiple posts discussing the same issues that then get lost.

This will not be resolved xD It's Tate we're talking about.

 

[The mugu]

Just wanted to say I agree and I'm ashamed I fell for this drivel. I've muted the signals but check in to follow what's posted. I instantly saw the ones posted yesterday were doa. And sure enough 16 hours later sl was hit. I was new to comex/forex a month ago. I can't tell you how much I learned what not Todo. Just wish it hadn't cost me do much. I'lll be curious if they respond to the forum invite. Also I believe war room admin is their cousin. Luc.

 

[4evermaat]

We are all sharing about the same provider. If one is resolved we can all see it. No one wants to visit multiple posts discussing the same issues that then get lost.

You can read this thread to get a better understanding of how FPA scam reporting works:

!!! New Traders Court !!! (2018 version)

This is superseded by the 2022 Traders Court Rules HERE. Announcing some changes to the handling of scam complaints New Traders Court Short version for those who have limited attention spans... Traders Court is changing. The replacement is called New Traders Court. 1. There are no more...

www.forexpeacearmy.com

A big part of this process is that each case needs to be placed in a different thread per person. So if 50 people get scammed by the same company, then 50 separate threads would need to be started by each victim. If you belong to the same group, you can pick the 5-10 largest cases and report those.

Why do you come here for help if you don't want to follow the simple rules put forth to help you???

 

[T Side]

@T Side @Peter29 @alexstefan22 and everyone else:

You all need to open your own SEPARATE scam alert cases about Cobrate or whomever scammed you and attach evidence to your own case.

Do not cross post in other threads.

Any update on the invite extended to cobra Tate re Forex?