Tuesday 10 July 2018

I was scammed by scam signal services on notorius mql5.com

Subscription to signal 'Perfect Trend EA 2' (author: 'wangping') for a month (06.07–07.07)

How to identify scamming signal


https://www.mql5.com/en/forum/60013

MQL5.COM

I cant believe that...
Scam signal...scam broker ...never exist...here in mql5 ...
notorious signal scams
https://www.mql5.com/en/forum/167861

   Forex Scams - forexbastards.com how to scam forex traders with signals



                                               see video



 I experienced a lot of slippages , non execution of signals on a demo with another broker, and fake  claims of profits on mql5 site.The person was claiming 8,000 % a year , after I subscribed the signal seller disappeared , his threads and comments were deleted.Luckily  it only cost me $30 , after which I deleted my subscription.I tested it on demo first.
If IG had offered these signals, I would have asked for a refund , and IG as a reputable broker should not touch these notorious signals services. There is enough evidence on the internet of signal scams  of many other notorious  signal providers, these regularly disappear, after scamming customers.
I suffered slippage of 7 to 8 pips plus , on a demo account, there were were many trades not triggered on my demo account, but the signal provider claimed profits.
This is my experience and I have evidence to prove it.
As regards the marketplace, 99 % of the tools are likely to be freely available on IG platforms and MT4.Most of the indicator sellers , have created 500 indicators from a simple moving average, a car has one indicator, it does  not need 500 fancy indicators.This n summary is as poor as it gets in terms of charlatan vendors for traders.
You can find over 500 to 2000 indicators made from a moving average on mql5 site.This is insanity making 1,000 indicators, under 500 names.
All the tools in the marketplace can be freely available, by looking for alternatives, these do the same job.
Hope this information helps  someone. I hope nobody is offended.


Anton Kreil Annihilates Retail Brokers,signal providers  and "Trading Educators"



Can scammers delete threads and ban members?

http://www.trade2win.com/boards/forex/29600-scam-forex-signal-services.html#post400788

 scammers deleted threads and banned members?


scammers gone bust




Breaking: CFTC Levies $7m Fine on FXCM, Forced to Quit US Market

FXCM is being forced to withdraw from CFTC regulation after its latest settlement, also facing a permanent NFA ban.


FXCM Busted for Scamming Clients out of Millions of Dollars


metatrader forex bucket shops

Here are the bad guys we keep mentioning earlier.
Forex bucket shops are brokerage firms that have “questionable” trading practices such as unusually frequent price misquotes or re-qoutes, slippage only favorable to the broker, and stop hunting.
Without putting the orders out into the free market, the client is actually betting against the forex bucket shop operators who are also known as bucketeers.
These old school bucketeers did not usually disclose the real price of the asset that their client is trading, which means that they could tell the client that the price moved or didn’t move–whatever was in favor of the broker!

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