Forextrade1 is a SCAM signal provider

blkstxne

Recruit
Messages
3
I paid $500 for their service

For the past two months I have received the most absurd signals. The limit orders are never triggered and they often hit Stoploss. I have lost a lot of money trading their signals.

When complaining about their bad signals they say I need to to upgrade my package to get better signals, this would need me to pay another $1200.

They ignore messages for days before responding and their responses always say you need to pay more for better signals.

The package I signed up for was meant to receive 1 signal a day. But they send 4-5 signals and they were all bad. I spent two months religious placing limit orders every morning and non of them were ever reachable and if they were triggered they hit stop loss. Their entries and take profits are unreachable.

Upon increasing my complaints the illiterate signal provider called me a fool and blocked me.

They lure one through their free telegram channel where they constantly update people about the sharp market movements and pretend like they gave prior signals predicting that movement. This is a lie, all their paid signals are very bad and useless.
 

FxMaster

Lt. Colonel
Messages
10,362
I paid $500 for their service

For the past two months I have received the most absurd signals. The limit orders are never triggered and they often hit Stoploss. I have lost a lot of money trading their signals.

When complaining about their bad signals they say I need to to upgrade my package to get better signals, this would need me to pay another $1200.

They ignore messages for days before responding and their responses always say you need to pay more for better signals.

The package I signed up for was meant to receive 1 signal a day. But they send 4-5 signals and they were all bad. I spent two months religious placing limit orders every morning and non of them were ever reachable and if they were triggered they hit stop loss. Their entries and take profits are unreachable.

Upon increasing my complaints the illiterate signal provider called me a fool and blocked me.

They lure one through their free telegram channel where they constantly update people about the sharp market movements and pretend like they gave prior signals predicting that movement. This is a lie, all their paid signals are very bad and useless.
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:
Invite them to join this thread via email (Send an email to every possible address).
Go to their website and invite them to here via Live Chat
You will find their email and address here https://www.forextrade1.com

Also, Share your story as a review here http://www.forexpeacearmy.com/forex-reviews/14575/forextrade1-forex-signals

You can also share your story on their social media pages mentioned below:
https://www.youtube.com/channel/UCiloJ_3c0VEFq2Ax-QviYXA/featured

https://twitter.com/forextrade11

https://www.facebook.com/Forextrade01/ (Click on MORE and you will find write review option there)
http://www.t.me/forextrade1

Whats app: +1 (631) 483-9353

Skype: FOREXTRADE01
 

blkstxne

Recruit
Messages
3
Few steps that you must follow to draw their attention to your issue,
Follow the suggested steps below:
Invite them to join this thread via email (Send an email to every possible address).
Go to their website and invite them to here via Live Chat
You will find their email and address here https://www.forextrade1.com

Also, Share your story as a review here http://www.forexpeacearmy.com/forex-reviews/14575/forextrade1-forex-signals

You can also share your story on their social media pages mentioned below:
https://www.youtube.com/channel/UCiloJ_3c0VEFq2Ax-QviYXA/featured

https://twitter.com/forextrade11

https://www.facebook.com/Forextrade01/ (Click on MORE and you will find write review option there)
http://www.t.me/forextrade1

Whats app: +1 (631) 483-9353

Skype: OREXTRADE01

I have tried all avenues. They have blocked me on the WhatsApp signal providing channel, I have been blocked on Telegram, Twitter and Facebook.

I did leave a review of their service on Facebook, here and on Quora.

When talking to them on the live chat, I invited them here then he tracked my IP address and location and threatened me that he is sending a "whole lawyer" to my location. An empty threat.

I have tried all avenues, he just blocks me. He also runs a Crypto channel where they do the same thing they do on Forex. He blocked me on that one too.
 

FxMaster

Lt. Colonel
Messages
10,362
I have tried all avenues. They have blocked me on the WhatsApp signal providing channel, I have been blocked on Telegram, Twitter and Facebook.

I did leave a review of their service on Facebook, here and on Quora.

When talking to them on the live chat, I invited them here then he tracked my IP address and location and threatened me that he is sending a "whole lawyer" to my location. An empty threat.

I have tried all avenues, he just blocks me. He also runs a Crypto channel where they do the same thing they do on Forex. He blocked me on that one too.
It seems you need to open an FPA traders court case against them. To do so, follow the suggested steps here http://www.forexpeacearmy.com/community/pages/traders-court/
 

Smithtrading098

Recruit
Messages
1
I think most people fall prey to signal service due to the fact that they charge a lot and they claim their trades to have hit TP despite the fact that it had already hit SL. I also noticed that the more number of subscribers they have in the free channel, the higher chance of them being a scammer. I search thru their free channel and I am going to upload the photo.
 

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alberto1970

Recruit
Messages
1
I paid $500 for their service

For the past two months I have received the most absurd signals. The limit orders are never triggered and they often hit Stoploss. I have lost a lot of money trading their signals.

When complaining about their bad signals they say I need to to upgrade my package to get better signals, this would need me to pay another $1200.

They ignore messages for days before responding and their responses always say you need to pay more for better signals.

The package I signed up for was meant to receive 1 signal a day. But they send 4-5 signals and they were all bad. I spent two months religious placing limit orders every morning and non of them were ever reachable and if they were triggered they hit stop loss. Their entries and take profits are unreachable.

Upon increasing my complaints the illiterate signal provider called me a fool and blocked me.

They lure one through their free telegram channel where they constantly update people about the sharp market movements and pretend like they gave prior signals predicting that movement. This is a lie, all their paid signals are very bad and useless.
I can only confirm what he write. I paid a few thousand for a Copy system. The system never started and no Money back. No answer and so on. Is the biggest scam I saw until now.
 

FxMaster

Lt. Colonel
Messages
10,362
I can only confirm what he write. I paid a few thousand for a Copy system. The system never started and no Money back. No answer and so on. Is the biggest scam I saw until now.
It will be good if you can open a new thread in scam folder along with all the details of your problem with them.
 

BluePanther

Private, 1st Class
Messages
41
I admit I got scammed. Their free Telegram channel entices you with the "profitable" trades they supposedly take.
Their website is slick, and with the expensive cost the combination makes you think they really do make money.

I was part of the profit-share service, where I would get one month free and then share profits 40:60 with them (they receive 40%). I thought this was a good incentive for them to make money, but there is no incentive for them: they have already got USD2000, USD2500, or USD5000 from unsuspecting traders and they don't care if they make bad trades on your account.

My first day received six Stop Losses, which tells me they obviously do not know how to trade.

I cut my losses early and changed my Master password so they cannot trade upon my account.
 
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