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We chose to give this product a test prior to writing anything with regards to them. There is a bunch of bad chit chat on the net regarding the dishonesty level of their Fx Signals program so we had to view for ourselves if it was correct or not. Sadly, it’s actually all accurate. The performance numbers they publish, including all the trade details, are completely and totally diverse than what you would certainly get. They are not even close. There is no denying it.

Whenever we mailed them concerning disparity with the trades, they would speedily reply “Oops, thanks we will fix this immediately” which would come from the CEO Mauro Sciaccaluga however nothing was ever resolved. When we requested to stop our subscription and for a refund per their guarantee, there was no answer. Not really a huge shock. If the program is counterfeit, so would their money back guarantee. Hopefully no one is silly enough to buy into their Life time subscription offer. Lifetime offers are generally tip offs to scams.

Is there any approach of receiving our cash back? No! Since Mauro uses for his transaction plimus which works in a equivalent fashion to paypal and because his product is a service, under their user agreement, they do not supply charge backs on services. If it was a product, maybe we would have better luck.

Another item in which we find is extremely suspicious is their association with the forex broker AvaFX. Buy Forex Signals offers members a free membership to their services when you open an account with at least $500 at AvaFX. Why is this suspicious? AvaFX is a Dealing Desk Market Maker broker which means they take the other side of your trade. If you win, they lose. If you lose, they win. Therefore it is obvious to say that much like a casino in Las Vegas, they desire you to lose and how else better to do so than with the use of the losing signals you will get from Buyforexsignals.com. When it comes to fx brokers in general, it would be sensible to stay away from Dealing Desk Market Makers. They are comparable to online gambling sites that do not want you to win. They will do everything in their power to make trading tough for you with stop loss hunting and re-quotes. And if you happen to beat them and turn a profit in your account, odds are they will turn up the heat and make it even more challenging until eventually they can get you to blow out your account.

So what are the three lessons learned here? One, be extremely cautious when buying a Currency Signals program or any program for that matter making use of Plimus, paypal or any 3rd party service as your method of payment. Your best bet is to merely use your credit card directly as payment. If Paypal or Plimus is all that they use, then turn away. No one is that exclusive to where you should take on the danger of losing your funds.

Second, which is much more crucial and will override the 1st, by no means ever shell out for a trade predicting service whether or not it is Forex, Stocks, Bonds, Futures or anything that is predictive unless they make available a FREE TRIAL. The test must be for a minimum of 2 weeks. If they don’t provide a trial, run like heck because chances are that they have practically nothing good to provide and they are banking on you buying into their seductive promises of large earnings for a Month, Quarter or a Jackpot (to them) One Year subscription. With regard to cons such as these, it’s not necessarily about renewals; it is about making that one sale. A purchase that is nothing more than a scam to take your money.

And ultimately the 3rd lesson; be wary of Dealing Desk/Market Maker Forex Brokers. Their business model is constructed to profit from your losses. That is not a broker you need or should be doing business with, particularly when they partner with questionable businesses that do absolutely nothing but supply you with losing trades.

Day Trading scams is a blog devoted to discovering the unkown about people and companies such as buyforexsignals.com. Visit today to read informative articles about Pristine.com.

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