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We the members of the Scam Investigations Committee of the Forex Peace Army have deliberated on all the evidence available to us and have reached a conclusion. It is our opinion that...
The RemExpert EA sold by Buy Expert Advisor is a slightly altered clone of FapTurbo. Taking an idea and reverse engineering it from scratch may be legal. In this case, significant portions of the code were copied, which strikes us as a direct violation of international copyright laws.
The EA sold by Forex Turbo Profits appears to be just a very expensive repackaged version of FAPS (Forex AutoPilot). Some of the settings have been changed. To sell custom settings for FAPS or another EA is legal. To sell a cloned copy of the code is not.
We conclude that both ForexTurboProfits and BuyExpertAdvisor have engaged in software piracy and false advertising. Both of these are severe breaches of both the law and of ethics.
ForexTurboProfits and BuyExpertAdvisor are both hereby blacklisted by the Forex Peace Army. We urge traders to not buy these EAs. We encourage anyone who has already bought these EAs to immediately seek a refund from ClickBank for ForexTurboProfits and from Paypal for RemExpert from BuyExpertAdvisor. We further urge the true owners of the copyrights of these pieces of software to use all legal means to shut down these pirates.
We offer ForexTurboProfits and BuyExpertAdvisor two options to have this scam finding lifted. The first is to prove that they did not illegally sell pirated copies of this software. The second is to admit what they have done, pay the appropriate civil and criminal penalties, and then to seek proper licenses to legally sell copies in an ethical fashion.
We wish to thank FPA's AsstModerator, FapTurbo's Abuse Team, 4xProject, and BestForexEA for their contributions to this case.
Discussion Thread for this Scam Finding
BestForexEA analysis of RemExpert Code
Backtest of ForexTurboProfits by 4xProject
Identical results in a backtest of FAPS by 4xProject
.
The RemExpert EA sold by Buy Expert Advisor is a slightly altered clone of FapTurbo. Taking an idea and reverse engineering it from scratch may be legal. In this case, significant portions of the code were copied, which strikes us as a direct violation of international copyright laws.
The EA sold by Forex Turbo Profits appears to be just a very expensive repackaged version of FAPS (Forex AutoPilot). Some of the settings have been changed. To sell custom settings for FAPS or another EA is legal. To sell a cloned copy of the code is not.
We conclude that both ForexTurboProfits and BuyExpertAdvisor have engaged in software piracy and false advertising. Both of these are severe breaches of both the law and of ethics.
ForexTurboProfits and BuyExpertAdvisor are both hereby blacklisted by the Forex Peace Army. We urge traders to not buy these EAs. We encourage anyone who has already bought these EAs to immediately seek a refund from ClickBank for ForexTurboProfits and from Paypal for RemExpert from BuyExpertAdvisor. We further urge the true owners of the copyrights of these pieces of software to use all legal means to shut down these pirates.
We offer ForexTurboProfits and BuyExpertAdvisor two options to have this scam finding lifted. The first is to prove that they did not illegally sell pirated copies of this software. The second is to admit what they have done, pay the appropriate civil and criminal penalties, and then to seek proper licenses to legally sell copies in an ethical fashion.
We wish to thank FPA's AsstModerator, FapTurbo's Abuse Team, 4xProject, and BestForexEA for their contributions to this case.
Discussion Thread for this Scam Finding
BestForexEA analysis of RemExpert Code
Backtest of ForexTurboProfits by 4xProject
Identical results in a backtest of FAPS by 4xProject
.
