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Forex companies love to exaggerate the success of their products. A lot of them include what they claim are live trading statements from happy customers. In this case, the results are so incredibly fake that they are almost funny.
FPA member PiPsAddict filed a scam complaint against TrendForex20.com, since there were trade results shown on one of their advertising pages that showed trades opening and closing at impossible prices. FPA Investigator Gerard checked many of the trades and found that PiPsAddict was correct.
Prices were so incredibly far from the true prices on the days the trade took place that we can see no possibility of this being an error. Someone either faked the trades entirely or someone took an old trading statement and redid the dates. Either way, we find this to be completely unethical.
We thank FPA member PiPsAddict for checking the advertisement so closely and bringing this to our attention. We thank FPA Investigator Gerard for re-checking some of the trades and providing screenshots.
Attached is a screenshot of the webpage with the fake trades. It was at www.trendforex20.com/documentation.htm yesterday, but has been removed. There is also a closeup of the faked trade results. The last two attachments show the first and last trades from the faked trade results. Vertical lines are placed on daily candles the day before and after the trade allegedly opened and closed. A horizontal line is placed at the closing price claimed by Trend Forex Systems 2.0.
We have no idea how well the TrendForex20 trading system works. We do recommend against buying anything from a company that resorts to such dishonest advertising.
Official FPA Scam Finding Against Trend Forex 2.0
Please note that you MUST BE LOGGED IN to your personal FPA forums account to see the attachments. Your personal account password is probably not the same as the Daily Signals password. Use the "Contact Us" link below if you need assistance with your personal login.
FPA member PiPsAddict filed a scam complaint against TrendForex20.com, since there were trade results shown on one of their advertising pages that showed trades opening and closing at impossible prices. FPA Investigator Gerard checked many of the trades and found that PiPsAddict was correct.
Prices were so incredibly far from the true prices on the days the trade took place that we can see no possibility of this being an error. Someone either faked the trades entirely or someone took an old trading statement and redid the dates. Either way, we find this to be completely unethical.
We thank FPA member PiPsAddict for checking the advertisement so closely and bringing this to our attention. We thank FPA Investigator Gerard for re-checking some of the trades and providing screenshots.
Attached is a screenshot of the webpage with the fake trades. It was at www.trendforex20.com/documentation.htm yesterday, but has been removed. There is also a closeup of the faked trade results. The last two attachments show the first and last trades from the faked trade results. Vertical lines are placed on daily candles the day before and after the trade allegedly opened and closed. A horizontal line is placed at the closing price claimed by Trend Forex Systems 2.0.
We have no idea how well the TrendForex20 trading system works. We do recommend against buying anything from a company that resorts to such dishonest advertising.
Official FPA Scam Finding Against Trend Forex 2.0
Please note that you MUST BE LOGGED IN to your personal FPA forums account to see the attachments. Your personal account password is probably not the same as the Daily Signals password. Use the "Contact Us" link below if you need assistance with your personal login.
Attachments
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