Hi Sara and others,
Thank you for shareing this information.
The results from Exential are showed in MyfxBook:
Exential System by ExentialGroup | Myfxbook
As far as I can see is MyfxBook from FxPro which is a UK based company with offices all over the world.
They seem to be independed from Exential.
I asked MyfxBook support if Exential can be a scam. This is what they answered:
"Our verification only goes to show you that the data we show is identical
to the data in the trading account (the data fetched directly from the broker).
It is possible (in theory) to buy your own MT4 server and edit the trading
history - there is no way to verify such a scenario."
So the results are directly fetched from the broker.
I am checking their results verry often. It doesn't look like they are changed afterwards.
So if it is a scam, the broker should be involved.
How likely is that? I really don't know.
Sara is mentioning that they are using instaforex as a Broker, but I signed papers with S&S Broker House.
Can they be part of the scam as well?
I started this trading after a tip from my colleague. He knew someone from Emerates as well, who is doing the trading for 2 years whithout any problem.
The person from Emerates never mentioned any people who lost their money.
If there are, would be great if they get known.
My colleague also has been visiting their office and was allowed to look everywhere.
They seem to be very open.