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Alfa-Forex has been in the forex industry since The broker is a part of Alfa Group, a Russian consortium with businesses in banking, insurance, investment, a waterworks company and supermarket chains. The goal of this Alfa-Forex review is to inform you of their advantages and disadvantages, so you can make a clear choice whether you wish to trade with them. Traders also can trade demo to get used to the platform and test how everything works, which is a useful asset for beginner traders. The offers with alfa forex broker deposit of the platforms are:. The minimum lot size is 0. The offered minimum lot size is 0.

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Our vision is to help the forex trading community with our honest and truthful reviews about forex signal service or robot service. We expose all scammers, on the other hand when we found a profitable forex service, we will let you know. Expert Score Read review. Added to wishlist Removed from wishlist 1.

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While this is certainly what we are frequently looking for at Forex Robot Nation, the vendor fails to come through with their promise. They do provide a Myfxbook account, which is a great first step, but this trading account was only active from May 9th , to May 23rd, This is all too often the case in this market.

The vendor promises gains of around to pips per month, and none of the trading results they provide albeit in small sample sizes, come anywhere close to their promises. The signals are provided via real-time notifications by email and SMS.

There is no explanation when it comes to the trading strategy either. The vendor looks to provide traders with 2 to 10 Forex signals per day, using basic economic calendar analysis to provide profitable trades. Trades are provided via email or SMS, for all of the major currency pairs.

While this performance is certainly outstanding, none of these results are verified by a third party. As is the case with any ranking like this, we frequently have to adjust where each signal service is ranked based on recent performance. Here is a list of our changes:.

I recommend that you avoid those lists, as they are likely not being updated often enough. Here at Forex Robot Nation we provide the most in depth Forex signal provider reviews on the market. Thus, we are constantly updating our approach, our criticisms, and adding to this table which is nearing over 40 different service.

If there is a provider we are missing, that you want to see added to this list, just email us, or leave a comment. Most of the services lack in the most important areas, providing very little in terms of strategic analysis, in-depth coverage of their analysts, or even baseline trading results. Utilizing these tools are a great way to increase your trading accounts with consistency. Signal services need to be transparent, and that includes the utilization of statement sharing providers like Myfxbook, and FX Blue.

The most important of all of these elements to the Forex Robot Nation team, is the trading results. Thanks for reading our full analysis, and feel free to leave a comment with your impressions. We will update this review often, so check back soon to see who is currently the 1 rated Forex signal service. I am a trader from 1 year. I bought their basic monthly service that sold signals. It is called VIP subscription plan for 45 euro.

I got signals per day and the trades was closed in several days. The signals were very precise as they say in the results, that they post in Telegran. Most of the signals reach at least TP 2 and eventually end up closing with sl tp1 , because they recommend to move the SL, when hit the TP. At the end of the month I doubled the money invested! Hey Patrick, may i know the winning rate of FRN signals? We only track the percentage won and lost each month.

Promo codes are only for free trials. Hi Alloy, we provide bonus crypto signals. Hello Patrick, thanks for all you do in this industry, am so excited, I just signed up for the VIP signals. Your email address will not be published. This site uses Akismet to reduce spam. Learn how your comment data is processed. Learn 2 Trade 3. MQL5 4. Forex Signal Factory 5. FX Leaders 6. WeTalkTrade 7.

AndyW LTD 8. Pips Alert FX Profit Signals ForexGDP FX Premiere Forex Profit Signal Signals Premium Now have 3 analysts in the group! Just because a provider made the top 15 list, does not mean that we recommend them. When trading with a signal provider, there is inherent risk, as human error and a lack of transparency are frequent issues in this market. Dany June 21, at am. Evan Saputra January 27, at am. Patrick Ryan January 27, at am.

Onlinehustle November 7, at am. Patrick Ryan November 7, at pm. Patrick Ryan October 30, at am. Augustina December 5, at am. Leave a Reply Cancel reply Your email address will not be published. All rights reserved.

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Along with diverse strategies, the MQL5 market also provides verified trading results, which is surprisingly rare in comparison with other Forex signal providers. In fact, traders can filter through the potential signal providers based on their results alone. So, you could analyze them and add them all up, but I contest that it would be too much work. They provide trade alerts to the community via mobile alerts, sound alerts and email.

Like many other providers, they get traders in the door by offering free signals, and then charge a monthly fee for premium access. You can see in the image above that the entry price is only available for premium members, which essentially makes the free service useless.

In terms of results, the vendor provides a new report every 6 months which shows the amount of signals, and the monthly gain or loss in pips. The performance report can be downloaded, but none of these trades are verified or in collaboration with a third party. This is certainly not ideal. The strategy is also undisclosed, so the only way to really test this service is to use their free membership. Started in , this provider promises an The problem with this claim, is that it puts more pressure on the vendor to provide verified trading results, but Andy does not.

There is a graph on the chart that shows huge gains, but none of the information provided is confirmed by a third party. Trades are sent directly to your mobile device via the application which can be found on Google Play, or the App Store. While the vendor claims the service was founded in , all of our evidence suggests that they are actually relatively new to the market with their domain being registered in With each of the trades, the vendor provides the strike rates, the trade direction, buy or sell, stop loss and multiple take profit levels.

The trading results are very lackluster for this provider. They are not verified, and many of the results they provide us contradict with each other. Pips Alert is a Forex signal provider that promises a net of between to pips per month. These alerts are provided during the London and New York trading sessions, from a team of 15 different traders that have combined for 98 years of experience in the Forex marketplace.

Trades can be accessed directly through MT4 or MT5, or via the online platform dashboard which can also be used for customer support. This vendor believes that there should be no charts, no analysis and no stress with their trading services. There is no strategic discussion on the website, nor is there verified trading results.

The trading results they do provide, are generally unorganized and not up-to-date, which is not a good sign. At the time of the review, the developer was 3 to 4 months behind on their trading results. This vendor needs to do a much better job at providing important aspects that the community require, trading results and trading strategy information. FX Profit Signals is a Forex signal provider that claims to have 10 years of experience in the financial markets.

It is unknown who the creators of the service are, or where they are located. Their trade alerts are provided via telegram messenger, or email notifications. The vendor provides free signals, the AP signals, and platinum signals. Each one of their packages provides a different amount of signals per day, and different guarantees on how many pips can be earned per month.

In terms of trading results, the vendor provides some trading statements, but none of them are verified by third-party website. These results are not transparent. ForexGDP is a Forex trade alerts service aiming to provide traders with gains of to pips per month. They believe that quality is the most important aspect of any signal provider, which is why they provide very few signals per month. The service provides anywhere from 2 to 25 signals per month depending on how much the trader is looking to spend.

The free package offers 2 to 4, the premium package offers 8 the 12th any supreme package offer 16 to They provide a monthly recap of their trading results, showing each of the trades that they have provided, and the corresponding result. As is too often the case, none of these signals are verified by third-party.

Forex Profit Signal is a signal service that started in , that believes the swing trading is the best way to approach the markets. They promise a gain of pips every 2 days, which also could be simplified to 50 pips per day. The performance graphs of being provided could easily be manipulated by the vendor, which makes them lacking in transparency. Signals Premium specializes in trade alerts for Forex traders and those interested in cryptocurrencies as well. Located in the United Kingdom, this group is also the owner of signalstips, signalsplace, primefxsignals, signalscfd and a few other providers.

All of the recommended brokerages for this service are unregulated, and the majority of them are all receiving negative reviews here at Forex Robot Nation. This is detrimental to the service, because the only way to sign up is to deposit with one of these brokers struggling with their reputations. While this is certainly what we are frequently looking for at Forex Robot Nation, the vendor fails to come through with their promise. They do provide a Myfxbook account, which is a great first step, but this trading account was only active from May 9th , to May 23rd, This is all too often the case in this market.

The vendor promises gains of around to pips per month, and none of the trading results they provide albeit in small sample sizes, come anywhere close to their promises. The signals are provided via real-time notifications by email and SMS. There is no explanation when it comes to the trading strategy either.

The vendor looks to provide traders with 2 to 10 Forex signals per day, using basic economic calendar analysis to provide profitable trades. Trades are provided via email or SMS, for all of the major currency pairs. While this performance is certainly outstanding, none of these results are verified by a third party.

As is the case with any ranking like this, we frequently have to adjust where each signal service is ranked based on recent performance. Here is a list of our changes:. I recommend that you avoid those lists, as they are likely not being updated often enough. Here at Forex Robot Nation we provide the most in depth Forex signal provider reviews on the market.

Thus, we are constantly updating our approach, our criticisms, and adding to this table which is nearing over 40 different service. Ozedit: Stop link dumping. To put the third-party verification issue in context. Who claim so based on information provided to them by the first bunch of third-partys.

And of course despite securities offerings being made left, right and center — nobody is registered with the SEC. Craig : Ozedit: Stop link dumping. And to clarify, I, along with many other investors watch the trades in real time. Wins and losses. Oz : To put the third-party verification issue in context.

I have always been a fan of your work but it concerns me that you are still talking very bullishly about the chances of it being a ponzi. Just to keep the possibility in mind as the company relies on third-party verification. To still be alluding to that possibility now is just choosing to not do due diligence on what you report on. Review updated. The money you put in for trading is in segregated brokers funds.

You can withdraw the capital and profits at anytime. Why is this a pyramid or ponzi? As soon as can all agree that there are real trades being made, investors money is held under their name and there is no way we can manipulate the funds in a Ponzi like fashion we can discuss other things. Surely, whether or not there is a profitable trading strategy at the base of everything is the first thing to address.

This gives us an expectation based on averages how long it will take to recover from a maximum drawdown. If you choose to refer it then you you get paid on the people you bring in who buy the memberships too. Whatever is attached to said fee is irrelevant when affiliates are required to pay said fee to qualify for commissions. Craig : As soon as can all agree that there are real trades being made, investors money is held under their name and there is no way we can manipulate the funds in a Ponzi like fashion we can discuss other things.

Craig : Surely, whether or not there is a profitable trading strategy at the base of everything is the first thing to address. The model used has a significant effect on the conflict or alignment of interests and thus should be clarified. If 5SS was indeed just sweet talking Peter to pay Paul then there would cynical foreplanning to rip people off at some point.

Under the PAMM model where funds security and transparency of trading results is very much in the forefront it tells a tale of Mariska learning from mistakes she made and looking to bring a viable alternative based on real results. A pyramid scheme will require payment for the eligibility to earn commissions, rewards or bonuses that derive primarily from introduction of other participants — from THEIR payments rather than from external sources.

Ponzi schemes are fraudulent investment schemes. They will require misrepresentation of the profit source. Craig : If 5SS was indeed just sweet talking Peter to pay Paul then there would cynical foreplanning to rip people off at some point. I always learned mlms are only defined as ponzi or pyramid if most of the cash flow results out of the recruitment part, so the initial money or monthly money members pay and is given to other members.

Correct me if I am wrong. M Norway : Ponzi schemes are fraudulent investment schemes. All I am trying to do is have some very basic due diligence done to verify that the chances of us being able to do this when we present results via Myfxbook is extremely slim. Given that investors can watch their trades in real time and have their funds stored under their own name and never accessible for anything other than placing trades renders this impossible. Oz : As per the 5 Star Signals website:.

Because, one thing I am very sure we can all agree on, to manipulate clients funds in a Ponzi fashion requires access in some degree to the funds. Under a PAMM model both Peter and Paul are sitting with their hands firmly in their pockets and no one is getting robbed. Most of your other arguments will make very little sense if 5SS use an unlicensed broker. If 5SS, any brokerage partners or any of the trading team was to go out of business clients funds would still be held securely and never be used for anything other than trading.

Until we clear up that is is beyond any reasonable doubt that this is legitimate trading results there is no point discussing anything else. I just asked a group of 11, traders if what we do is remotely possible to be a Ponzi by the way, I will get back to you with the results of that. Craig : Is there a specific reason you do not want me to reference how segregated bank accounts ensure the safety of clients funds regardless if 5SS, broker, trading or all three simultaneously went out of business?

This is done to create a clear separation between the two groups of money so client funds are not used for the wrong purpose, it also helps ensure that the money can be easily identified as belonging to customers in case a firm becomes bankrupt. In many jurisdictions segregated accounts cannot be used to pay creditors during a liquidation and must be returned to the customers directly.

Historically, unscrupulous stock brokers have used clients funds for their own use, which often results in the failure of the brokerage with the loss of client funds. Holding a segregated account is some measure to protect against such unscrupulous and fraudulent behaviour, however the effectiveness is limited as segregated accounts are often controlled by the brokerage firms senior management who when under pressure may be tempted to dip into such segregated funds.

We are just about to launch a new brokerage partnership with a broker that has been cleared from the management of Superannuation funds by ASIC. You should normally have told about existing brokers rather than about vague plans. I will not repeat what has already been extensively pointed out, that a PAMM model through licensed brokers is impossible for anyone to manipulate. It only is possible to trade with these funds.

Traders cannot withdraw any funds, only the account holder can, which is the member. If you would have researched a little further you would have found that on a regular basis I point out to my Facebook friends why certain often hyping opportunities cannot be legit nor sustainable. I tell them not to blindly believe what marketers are claiming about Forex or investment opportunities. Marketers know marketing and most of the times do not understand Forex and related risks.

It is because of all the lessons learned that 5 Star Signals was started, to have a real alternative for people. You also seem to assume that any member joining us automatically joins the earning model through our compensation plan. That is a misconception.

About half of the people who are joining do not join the partner program, which requires a separate registration. No forex knowledge is required to start a PAMM account, however we think and recommend everyone to acquire at least basic understanding of Forex trading in order to understand the trades on their accounts.

The bronze membership gives access to this part of our education, including weekly analyses on currency pairs. We have traders who opened a PAMM and are quite pleased with the educational part while they know their money is working for them. Memberships thus can be seen as self-consumption, which is fully legitimate. Feel free to join one, we have them every Monday night.

It also seems you have completely missed our compliance page on the website, which would have answered quite a few of your questions or might have given you some understanding how the business is generating revenues.

It is revenue the broker is generating on all trading accounts, PAMM accounts and individual accounts. Every day the broker is sending the member an overview of all transactions on their account, wins and losses, all transparent. Now, we only operate through licensed broker partners.

If asked by authorities we can also show the accounts are traded by fully licensed traders. If we would collect their names, or would take their investment money, or we would open the account for them, then we would need registration with authorities. We do none of that all. Back to our comp plan. This is to encourage people to work with partners they have personally signed up to ensure they will have proper support in talking with their own contacts.

In our video about the partner program we tell people exactly why we have chosen this shape. Did you know there is a world outside of the US? This is one area where the reviewer clearly demonstrates that he has not studied 5SS in any depth. Compliance training for all our partners is mandatory, as we do take that very seriously. As a matter of fact, we had a training call on that topic just last night. A final word: it might be good to understand the difference between binary broker platforms and solid forex brokers.

I always learned mlms are only defined as ponzi or pyramid if most of the cash flow results out of the recruitment part. Your point about costs outweighing profits was something we addressed recently when it was non viable with our current investors memberships to make a profit on our lowest investment account size on low risk. Good morning Oz, could you please explain why you have not published my comments regarding funds security in seg accounts or the post of people who are involved in the Forex markets unanimously agreeing that it is impossible not improbable, impossible for a Ponzi model to be run.

What people have asked questions about is the brokers. Are they registered and licensed by relevant authorities? This division also interprets proposed changes to regulations and monitors operations of the industry. Individuals trading securities must pass exams administered by FINRA to become registered representatives.

Craig : At the bottom of every page on the site there are links to this legal requirement. It should also be understood that hypothetical performance results may be posted on the website or given to third parties by other methods. Such hypothetical performance results have inherent limitations in that they have been prepared with the use of past performance and past performance is no guarantee of future results.

Performance can and does vary between individuals. Government regulations require disclosure of the fact that while our methods may have worked in the past, past results are not necessarily indicative of future results.

While there is a potential for profits there is also a risk of loss. A loss incurred in connection with trading the forex market can be significant. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital.

There can be no assurance that any prior successes, or past results, as to income earnings, can be used as an indication of your future success or results. I did already reference that one of the brokers we use is used to manage Superannuation funds ASIC approved for pension funds. Why on Earth did join multiple shady business opportunities in the first place? What is the ratio of Silver and Gold affiliate memberships in terms of membership revenue entering the company each month?

Furthermore with none of this registered with the SEC, within the context of MLM and investments this is a huge compliance red flag that should not be ignored. Continued offtopic derail attempts will be marked as spam. Nobody cares what you and your forex buddies think on some random forex site. Stop making stuff up mate. If we begin to talk about the real business model and the post is made accurate I can then address your other points. Like I said, neither you nor 5 Star Signals can guarantee third-party brokers are not running a Ponzi scheme backend while they post a trade log on yet another third-party website.

Remember, this is all unregulated by design. That is all I have pointed out. You insist this is not possible, which I assert is an extremely naive position to take. It was simply raised here as a possibility. Which I maintain is perfect reasonable, given the level of third-party reliance 5 Star Signals have and that neither 5 Star Signals nor the third-party brokers involved appear to be registered with the SEC.

Oz : Like I said, neither you nor 5 Star Signals can guarantee third-party brokers are not running a Ponzi scheme backend while they post a trade log on yet another third-party website. Otherwise you are just here spouting about something you are showing everyone know understands what we are doing you have no idea what you are talking about.

I could not and do not give a stuff about what it means in the world of shady unregistered forex brokers. And on that note, your first reaction to this MLM review was to run off to a forex site and solicit opinion from forex investors. So my question was relevant enough. Are the current broker-dealers registered with or licensed by relevant authorities, e. Unfortunately Oz is stubbornly sticking to what amounts to a wild conspiracy theory that would involve at 5SS and at least 3 other brokers colluding to present fake results and also duping Myfxbook into presenting these fake results.

One point of clarification though, my comment referring to ASIC in the near future did not mean we use unregulated brokers now. On that new broker we will be launching another trader that makes this one we have now look average.

I will be sure to post the verifiable results going forward when we launch it — as we always do. Ditto the actual flow of money on the backend. Failing to acknowledge that is irresponsible due-diligence. Mariska van de Langenberg : 61 I will not repeat what has already been extensively pointed out, that a PAMM model through licensed brokers is impossible for anyone to manipulate. The Federal Trade Commission and the Federal Communications Commission each have laws that restrict telemarketing practices.

Many countries have these regulations as well. The names are irrelevant, only that the brokers 5 Star Signals are affiliated with are not registered with the SEC is of significance. We have 3 brokers, all from different parts of the world, all under different regulations and all displaying the exact same results. Not until you transition from vague marketing statements to actual regulatory registration details, see above.

Ozedit: Right. Anything further from you that does not disclose the requested regulatory registration details will be marked as spam. Craig is wasting my time dancing around the fact that neither 5 Star Signals or their brokers are registered with the SEC or any other securities regulator for that matter. This is an issue because both 5 Star Signals and the brokers they use are offering securities to 5 Star Signals affiliates.

It also opens the door for fraud Ponzi or otherwise , because shady brokers operating in unregulated environments is a recipe for disaster. Craig : We have 3 brokers, all from different parts of the world, all under different regulations and all displaying the exact same results.

Just forget it. Mariska can probably try to answer it. Craig : Care to explain how this would be remotely possible under your theory of Ponzi play? But I have also added some sources to look at. I am into forex for about 6 years now. Forex is a difficult market to earn money unless you have the education to do this in a proper way.

I am making money in forex and I can live from that money but to earn my money it takes a lot of my time. I was always looking for a way to make it easier for me and stumbled upon Pamm accounts. Myfxbook is a fully respected and independent, company where people who manage forex accounts can attach their accounts to and then show the real results to the world.

This is what 5StarSIgnals did and to be honest, I am really impressed. If people want to built a business and get access to the pamms they can look for other interested people. People that want to learn more about how to trade for themselves can join a higher level silver or gold.

Are any of them registered with the SEC or at the very least a securities regulator in any jurisdiction? Best of luck. We provide information and what you do with it is up to you. Nothing more, nothing less. Myfxbook is independant and is highly respected in the forex world, ghis is more relevant than people sitting behind a desk thinking they know what they are talking about.

Oz: Are any of them registered with the SEC or at the very least a securities regulator in any jurisdiction? But they have regulations like SEC from many countries. Again you are a bad reader. Oz: Best of luck. Why is obtaining this information from 5 Star Signals and their affiliates akin to drawing blood from a stone?

And in doing so demonstrate a lack of regard for proper regulatory registrations. Like I said, you make money this way and are defending it. The FSA enforces strict business practices equal to or exceeding requirements of financial services regulators in other countries. The Authority does not approve or sanction the business activities of IBCs upon their incorporation. Oz : Craig is wasting my time dancing around the fact that neither 5 Star Signals or their brokers are registered with the SEC or any other securities regulator for that matter.

The account had subscribers. Two videos out of 85 were in Dutch Netherland , as far as I could see. I only had a quick look at the video titles. It also refers to any retail forex broker who indicates that trading foreign exchange is a low risk, high profit investment. SEC Consumer warning — binary options including forex. It is illegal for entities to solicit, accept offers, offer to or enter into commodity options transactions for example, foreign currencies , metals such as gold and silver, and agricultural products such as wheat or corn with U.

To see the most recent list of exchanges that are designated as contract markets, check the CFTC website. There currently are only three designated contract markets offering binary options in the U. All other entities offering binary options that are commodity options transactions are doing so illegally. SteveT : I see this conversation has rumbled on and on creating tons of fresh content for your website.

I tried first to get some answers from Craig about broker-dealer licenses countries , but I only got vague answers. In the U. Some of the videos targeted specific groups of people, e. The website seems to be promotional, but it does offer some relevant information about how investors can be tricked. Recently we were made aware of an article that had appeared on a website which discussed 5 Star Signals. The 5SS team is very used to dealing with such misconceptions and upon hearing about the post, Craig, who oversees the trading department of 5SS went over to clear things up.

Nor that of the third-party brokers they use. After a hundred or so comments of him dodging the issue and providing strawman arguments about some forex website, enough was enough. Mariska van de Langenberg joined various scams. Who is paying hundreds of dollars a month to access to a forum populated with third-party information, without the attached passive investment business opportunity?

With a mixture of it being hard to explain and also not wanting to disclose too much we will not give any details about what goes on in the gold forum. Thus the majority of funds entering 5 Star Signals are affiliate-sourced, making it a pyramid scheme that pays on affiliate recruitment. You can go on and on and start repeating it while you can easily make a call, talk about it, get some more behind the screen information and hopefully get some real facts on table.

Either cough up the SEC registration documents or stop posting spam. Who is Craig Walters, anyway? I see no evidence of him existing on the internet aside from Facebook and a pinch of forex forums, and his trading background is sketchy at best.

I want to see a background check on this supposed forex expert next and maybe even a real name for a change. It also might be worth looking into what kind of money the company is making off being a middle man between actual traders. Andreas : may I suggest to have a call with her on Skype and have a look behind the screens.

A voice does not make a person who he claims to be. It is important to understand anything you do off of the 5starsignals. Definition of Investment Adviser Section a 11 of the Act defines an investment adviser as any person or firm that:. This is very important since it is the difference between us making money if we mislead people or not. Advice about Securities. A person clearly meets the third element of the statutory test if he provides advice to others about specific securities, such as stocks, bonds, mutual funds, limited partnerships, and commodity pools.

The more difficult questions arise with less specific advice, or advice that is only indirectly about securities. SEC: Section a 11 of the Act defines an investment adviser as any person or firm that:. Generally, the receipt of any economic benefit, whether in the form of an advisory fee, some other fee relating to the total services rendered, a commission, or some combination, satisfies this element.

Walters refused to provide regulatory registration information for 5 Star Signals or their third-party brokers. Rather than concede a lack of regulatory registration, he kept publishing offtopic information about third-party forex websites. This I marked as spam, along with any other derail attempt comments he left.

She published the one comment and did a runner. Andreas : why cannot mariska langenberg and craig walters provide clarifications right here? Therefore, it is with great regret to inform you that HotForex will no longer be offering its services to new or existing U. Any positions left open will be closed at the prevailing market price at that time and all pending orders will be deleted. Please note that the deadline may change if it is necessitated by our regulators, the Financial Services Commission in Mauritius.

There has been a lot of adverse comments here about 5 Star Signals, so to set the record straight I shall share some of my results. However the trades that have been placed have overall made a profit for my account — 1. Yes some trades lose while others win. The trick is ensuring your winnings are greater than the losses. If you want to attack something that is an all-out scam, then go for the binary option robot sellers.

For a matter of balance I shall post my results here week in, week out and let the readers judge for themselves whether this is a scam or not. However the trades that have been placed have overall made a profit for my account. Both were otherwise posting multiple times a week before the 5 Star Signals fraud was made public.

SteveT seems like an honest type of guy. He even posts his real name and thus identifies himself for all to see. An IBC incorporated in SVG is authorised to engage in any business activity without additional approval from the FSA, except where its proposed business activity amounts to banking, insurance or mutual fund business, as these activities are licensed activities.

I am an honest type of guy… the T stands for Thomas by the way. End of story. Vincent and the Grenadines FSA. Please be advised that an IBC is authorised to engage in any business activity without additional approval from the FSA, except where its proposed business activity amounts to banking, insurance or mutual fund business, as these activities are licensed FSA activities.

Until such time that appropriate legislation is put in place to address forex activities, there is no prohibition against an IBC carrying out that activity or from so stating in its Articles of Incorporation. It is however advised that IBCs which do carry on this activity take the necessary steps to ensure that they obtain the required authorization from the jurisdictions wherein they actually conduct the forex activity.

Please be advised further that Tallinex Ltd which engaged in forex trading activities has been doing so at its own risk, or at the risk of the jurisdiction where it obtained authorization to conduct such business as it is not regulated by the FSA. If there are any investors experiencing difficulties that you are aware please advise them to forward their complaint to the FSA with all the details of the nature of the problem so assistance can be given on this end.

They are also advised to contact the relevant Authority overseas which licensed Tallinex Ltd to conduct forex business and report your complaint. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email.

Notify me of new posts by email. Leave this field empty. As per the 5 Star Signals Terms and Conditions: Jurisdiction and venue of any matter not subject to arbitration shall reside in The Republic of Ireland. Going by their Alexa statistics, Bonofa appears to have collapsed late last year. The 5 Star Signals Product Line 5 Star Signals has no retailable products or services, with affiliates only able to market 5 Star Signals affiliate membership itself.

The 5 Star Signals Compensation Plan The 5 Star Signals compensation plan sees affiliates pay a fee and then get paid to recruit others who do the same. Given this is more than the population of Earth, 5 Star Signals readily disclose Make yourself no illusions, you will never be able to fill that matrix. That would require 10 billion people on your 10th level and that will never happen. Broker Commissions If 5 Star Signals trade, the company charges them a broker commission. Automated Trading Commissions Using the same unilevel compensation structure as used in broker commissions, 5 Star Signals affiliates can also earn third level commissions on automated trading earnings.

Conclusion Trading Forex, actively or passively, now available for the masses! You sign up, pay a fee and then get paid to recruit others who do the same. As per a Facebook post by van de Langenberg dated September 30th, I have promoted opportunities that turned to scam in the past and have been even a topleader in a product based pyramid scheme that still goes around. It is so easy to point a finger and play the blame game to a leader, to an upline.

With 5 Star Signals the culture of victim-blaming fraud will likely continue. Approach with extreme caution. Oct 14th, at am Terrence B Q. Well yes it looks good on paper to see 10 levels you can earn from. The idea is you have room and a place for everyone they bring and their downlines too. How nice of them. Oct 14th, at pm M Norway Q. Amsterdam is in Netherland, the largest city in North Holland region of Netherland.

Oct 14th, at pm Oz Q. Thanks for catching that. Someone else emailed me about that too. Oct 14th, at pm SteveT Q. Not when it comes to compensation plans. Oct 14th, at pm Craig Q. These are third party published results from real trading. Please note, these links can be bookmarked so you can check up on the results every few months — they will always be published publicly : myfxbook. They account for every dollar of investment.

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iMarketsLive says it has since discontinued FX Signals Live. However, it still has other means to entice prospects, like the IML Harmonic. Although iMarketsLive is not a scam or a pyramid scheme, there is concern about the founder's history and MLM involvement. They are selling is forex signals and. VMA Life is a long-running health supplements company. Its initial name was Vemma Asia. This article review the entire company's business model.