ForenX Scam Review; Real Evidence
When you land on forexmultiplier.co page, you first impression will be, this site looks clean and professional. However much like the previous review on forenx-forex-system-review, we found similar inconsistencies with this app. For example the insinuation where we have nothing to loose and everything to gain. This is not a proper use of a risk disclaimer and does not indicate the true risks as any seasoned trader knows.
Forex signal services are little different then binary option once. Eventually if, you want to be successful with Forex, you`ll need to make really decent chart and fundamental analysis. You will also need to ascertain take profit and stop loss levels and ensure that your margin is sufficient to take into account your risk reward view. With regards to binary options you have to find entry point and choose expiry time, after the expiry time finishes if the current market price is even 1 micro pip above or below your entry price depended on the direction you have chosen, you win the trade. That’s why when we talk about Forex trading the things are always little bit more sophisticated and you must be aware of more details in order to produce high success rate.
The other major point of concern and according to reviews seen on Forex Peace Army, alot of traders have been hurt pretty badly with this app. For more on these reviews check out Forex Peace Army Testimonials. Looking at the promotional video and the alleged presenter Peter Allen. During the video the voice over narrator speak about what you need to become more successful trader but we couldn’t hear anything about the Forex Multiplier or what exactly we will receive after registration.
Well besides the cliché phrase “After funding your ForenX signal service account you will get this amazing software + secret tips and strategies + expert analyst individual help and bonus materials” everything sounds tempting but how can we believe in cartooned presentation? There is no real third party authority that can verify the success story of ForenX signal service.
In addition to this there are many endorsement badges visible inside the page but they seem very suspicious. First they are unclickable and they don’t lead to the authority websites they represent. And secondly some of them are really time sensitive. Some of the awards all seem suspect, for example the Trading Bot of the year 2015 and Certified Authentic 2015: We really wonder how they have earned such reputed badges for 2015 since an simple who.is search shows that forexmultiplier.co is registered on 16.02.2016 year.