Colmex Pro is essentially a No Desk Dealing service provider in stocks, commodities, forex and CFDs. The website itself is the gateway to all these features and investment vehicles, and on this website, the claim is made that Colmex Pro gives its traders access to the US market too. This is where things just don’t seem to add up.

By accessing the US markets, Colmex Pro apparently mean NASDAQ and the New York Stock Exchange. One can assume that they are talking about various stocks, forex pairs and commodities listed there, on which they do indeed offer trading services. They cannot possibly accept traders from the US though, given how their regulatory status confines them to the EU, even in the best possible case.

Regulated by CySEC, under license #123/10, and based in Cyprus (at Office 3, 4th floor, Megaro Panagides 1, Chrysanthou Mylona st, 3030, Limassol ), Colmexpro is indeed regulated in the EU. According to their website, they’re also entitled to provide financial services in South Africa, where the local Financial Services Board has issued a license for them too (#46990).


None of this means though that they can legally offer similar services in the US, too. Special authorization is required for that, and Colmex Pro are not registered with any of the competent US authorities, such as the CFTC and the SEC. The website also mentions that Colmexpro make sure there’s no conflict of interest between the trader and the broker, which is great, but in and of itself insufficient to qualify the operation as a US brokerage.

To answer the question you’re probably itching to ask: yes, Colmex Pro are indeed legitimate, in the sense that they don’t scam people straight out of their investments, and there is indeed real trading going on at the site, through a real trading platform. On the other hand, Colmexpro may not be the best destination for your trading. They’re not particularly trustworthy – despite being regulated – and they are surprisingly expensive too. The extra costs are apparently incurred upon depositing ($15 is allegedly deducted from one’s initial deposit from the get-go), and withdrawals (which each cost $40). To make matters worse, the broker does not fill its traders in on this state of affairs anywhere.

Colmex Pro Products

Colmex Pro are focused on offering their customers full-time access to the worldwide markets, through Desktop, Mobile and a Web-based trading platform. They couple this with a wide range of research tools, stops, limits and alerts.

The products offered by Colmex Pro include stock trading, stock-based CFDs, as well as Forex trading.

The leverage offered on the Colmex Pro products is 1:12, which is not particularly impressive. On the other hand, there are no restrictions on shorting at the site, which means that traders won’t have to worry about penalties on short selling.

It has to said though that for stocks, the maximum margin level is 1:20 and for Forex, it’s the industry-standard 1:200.

Colmex Pro boast the largest liquidity in the European markets and they tout their instant execution as one of the main draws of the operation.

The minimum required deposit is $1,500 ($3,000 for equities). According to the site, ECN and SEC fees apply, so this is where the above mentioned “hidden fees” may reside.

As far as per-trade fees go, there are a few intricate plans laid out at the Colmex Pro site, so traders can check there what the exact costs are on their  preferred investments.

Colmex Pro Platforms

Colmex Pro boasts some 6 trading platforms, including MT4. The web trader is the handiest and easiest to reach and use. The Colmex Pro MT4 platform on the other hand, takes trading to the next level, with its selection of analytic tools and powerful MetaEditor, which allows traders to develop and build their own auto traders for the Forex or equity markets. Scores of technical indicators are available, and users can create their own technical indicators too.

The Strategy Tester can then be used to put the newly developed tools to the test.

The MT4 platform is available for mobile too.

In addition to the above, there’s a Colmex ProTrader and Colmex Pro Trader CFD available as well.

The Live Trading Platforms section includes a Live Equity and Equity-based CFD trader and a Live Forex one.

Colmex Pro Account Types

Account type-wise, only good things can be said about Colmex Pro. They feature only two, but each account type is meant to address very specific trader needs.

 The Live Equities/CFD on Equities account for instance, features a minimum required deposit of $1,500. For this price, traders will only be able to access the CFD part though. The Equities account requires a $3,000 minimum deposit.

The Live Forex account comes with a number of perks for traders, such as lot-size flexibility, rapid execution, flexible leverage and fractional pricing. The spreads start from as little as 0.3 pips on this one. Forex trading does indeed seem to be one of the strengths of the operation.

For both account-types, demo account versions are available as well.

Customer Support

The Colmex Pro customer support can be reached through the live chat feature, directly off the homepage. In addition to that, a traditional email messaging service is available too, as well as a live support phone number: 357 25 030036.

The most interesting support feature is the Remote Support one, through which, Colmex Pro support staff members can help clients directly on their computers, through TeamViewer.


According to SimilarWeb, the global rank of at the time of posting this review was 1,275,065, indicating the site is only slightly popular. Most of its traffic is Spanish. Only about 20% of their traffic is referral traffic.

The reviews on Forex Peace Army are quite harsh. According to some people, Colmex Pro is an outright scam.

Colmex Pro Review Conclusion

Everything accounted for, Colmex Pro looks like a serious and sturdy operation. Regulated and licensed, it is considered somewhat shady by the community nonetheless. Complaints abound about the support side of the brokerage, as well as about the trading platform, with some traders proclaiming it hands-down “the worst” trading platform they ever used.

While legitimacy is not really in question here, profitability certainly is. Called “unnecessarily expensive” by some, Colmex Pro is not the ideal destination equity- or forex trading-wise. Charging $40 for a single withdrawal is quite a bit over the line indeed…

Looking for legit alternatives? Check out our Recommended Forex Brokers.

Don’t forget to subscribe to to receive our reviews via email and please comment below if you have any feedback regarding Colmex Pro.

In this quick Motley Fool overview, we will describe this outstanding Stock Advisor (SA) service in great detail.

Is Motley Fool really worth the money? What are the features that I should focus on? Will the service help me bring better financial decisions? These are some key questions that you may have, and with good reason. But, don’t worry, we will address all of them in the lines below and we will try to be as objective as possible. We will go over both the pros and the cons of this service so that you can get a great overview of the good as well as bad aspects of Motley Fool. Day Trade Review stated that the service is a good value but we wanted to see for ourselves.

motley fool review
Let’s get started right away!

So, What Is Motley Fool All About?

We’ve all heard something about Motley Fool before but some of us  have no proper idea what you can expect from this service. Well, that’s not a problem at all! We will resolve this issue right now.

In general, Motley Fool is a stock picking service that allows you to be completely independent (from a financial standpoint, of course). By using this service, our financial future will be completely in your hands and you won’t have to rely on anyone’s assistance. 

The company was founded by two brothers, Tom and David Gardner, back in 1993. The main goal of the Stock Advisor was to make the world a better place by informing people on how they can make better financial decisions in the long run. That mission has been quite successful so far and Motley Fool quickly became Stock Advisor’s flagship product.

gardner brothers

If we look at different reviews on the internet, we will see that many people claim that Motley Fool is the best stock picking service in the world. In some places, we can even find that they have an impressive 356% return ever since their foundation! But, is everything really that rosy? You will find out in the lines below.

Motley Fool Stock Advisor Program

One thing that really stands out is that Motley Fool will give you regular stock recommendations each and every month. So, basically, we will never have to improvise and we will always have a guiding hand that will help you make the best possible financial decisions. But, how does that work in practice?

Every month, we will get 12 stock recommendations and we will receive them via email. If for whatever reason nothing arrives, fear not, as the information will be published on their website either way. Every first and second Thursday of the month, you will get one stock recommendation. Furthermore, every third and fourth Thursday, we will get five recommendations. So, on a monthly basis, we can expect 12 stock recommendations, which is certainly a lot. Every Thursday is crucial, so we really need to pay attention here!

stock advisor program

The keynote is that every stock is well analyzed, so all we need to do is process the data and make the best decision at that point in time. And, whenever we feel uncertain, we can always check out the coverage page. It will provide everything you need for 100% complete financial independence. We can even watch a 1-minute presentation that sums everything up perfectly!

So, Why Is That Important?

Motley Fool can help you change your entire financial future (for the better, of course). You won’t have to spend countless hours analyzing trends in the stock market each and every day, this service will do everything for you. All you really need is a subscription and you’re all set!

What Can I Expect from Motley Fool?

As a member of Stock Advisor, you will see all the best stocks that you can buy at every point in time. You can even see additional information if you need a better input on each of these offers. And, as a real icing on the cake, you will even get access to a special “Favorites” page that can track all stocks that you are currently interested in.

One special feature that you should really look into is “Instant alerts”. This feature works in a similar way to notifications that you can see on social networks. Basically, whenever a huge event pops up, you will get an instant notification. The events that you should pay attention to are huge price changes, new buy alerts, and when is the right time to sell your assets. The last event is especially important and you should pay special attention to it.

You will also get access to a dedicated community page. Once you’re there, you can easily join the discussion boards and discuss anything related to the service with other users. If you have any issues, feel free to post them publicly, and chances are someone will have the answer ready!

motley fool returns

Can You Trust Motley Fool?

Believe it or not, many people are wondering whether the service is trustworthy enough. What’s the reason for that? Well, as always, some people can bash the service in public without an obvious reason. Others are malicious and they want to damage the reputation of the company. Of course, there are even people who may have solid reasons for not being satisfied with the service, but they just take everything much more seriously than they should.

Anyway, regardless of these claims, we can confirm that Motley Fool is 100% trustworthy. They’re transparent, they have a very long tradition, and they even have their own fund — Motley Fool Global Opportunities Fund Investor Shares. So, anyone who says that Motley Fool is not trustworthy is not telling the truth.

Can I Earn a Lot of Money with This Service?

The answer is a resounding yes! If we use the service wisely, we can certainly earn a lot of money. Of course, we need to be careful and we need to have an overview of what we are doing. But, once that’s done, we can absolutely earn a fortune!

Does Motley Fool Cover Any Penny Stocks?

Sadly, Motley Fool doesn’t cover any penny stocks and that’s one of the rare downsides of the entire service. Motley Fool mainly focuses on blue-chip stocks whereas penny stocks are nowhere to be found. Now, it’s true that most big companies invest in blue chip stocks, but we believe that the service should support penny stocks as well. Hopefully, Motley Fool will add this feature in the near future!

stock pick recommendations

What About Technical Analysis?

Technical analysis is narrowly connected with forecasts and analyses of stock prices in general. This type of analyses focuses on historical data like volumes and stock prices.

Motley Fool provides in-depth fundamental analysis, but it doesn’t provide technical analysis by default. If you prefer fundamental analysis, Motley Fool will be a perfect service for you. Otherwise, you may want to check Fool’s recommendations on how you can perform technical analysis in a somewhat alternative way.

Can Day Traders Benefit from Motley Fool as Well?

From our point of view, you will struggle a lot to become a successful day trader. Buying and trading stocks on the exact same day is never an easy task and even the most experienced entrepreneurs can end up struggling a lot.

With Motley Fool, we can certainly benefit from being a day trader but we will need to work hard every day to accomplish such a complex role. Our advice is to avoid being a day trader, if you can.

The Bottom Line

We don’t need to be experts to have a bright financial future, we can rely on Motley Fool. This is undoubtedly one of the best stock picking services on the market and you should absolutely give it a try. As long as you are fully aware of its good sides and bad sides, you should have no issues whatsoever!

We have come across several mentions of on the interwebs but found very little information on the site when we did basic Google searches. For that reason, we decided to look up the site and do a Biznet review for our and your sake. Come to think of it, this is not a review but an expose of this website.
Basically, is a site that primarily develops trading applications for forex and cryptocurrency trading purposes. Clients can buy one or more of the applications and use it to spice up their forex trading experience while boosting their earnings. The site was established in February 2017 and operates under the Biznet Group LLP, an investment company which has its main offices in Cardiff, Wales. In 17th May 2017, a few months after it was established, became an official partner of the renown forex broker, InstaForex. Consequently, the site was allowed to advertise, open customer accounts and deposit or withdraw funds on behalf of InstaForex. This increased the reach of and established it as a force to reckon with in the online forex industry. It however, did not add anything to the non-existent credibility of the website as you will see in the below sections. Services

As already stated, is mainly involved in the design and development of applications and platforms for forex and cryptocurrency trading. The site also runs a private hedge fund for both forex and crypto investors. For ordinary investments, the hedge fund gives 10-30% ROI per month for a standard 12 months with the option of reinvesting. The monthly returns are dependent on the method of trading. Manual trading carries returns of between 10 and 15% per month while Robot trading gives 20-30% per month. In all honesty, this is nothing but a ploy get people to subscribe to the fake Biznet Robots hoping to earn more profits while the only thing they will get is continuous losses and no replies from support.

biznet data is also advertised as a neural network that brings together a number online entrepreneurs who work both together and individually for the benefit of the entire network. Presumably, the neural network is involved in the development of the Biznet applications and coming up with investment ideas. Notably, the network and all related discussions on the site are in Russian language, which makes it somewhat difficult for non-Russians to understand the gist of the discussions, even if translated.

Still on the Russian connection, we found it ironic that the company is registered and allegedly located in the United Kingdom, yet its main business is carried out in Russian. As a matter of fact, the company’s top management is mostly Russian. Project co-founders, Alexander Chebotarev and Grigory Shemet are indisputably Russian and so is the customer service manager, Katya Strutskaya.

It is important to note that most of the products offered by are restricted and only those using affiliate links from the site’s official partners can sign up for them. The screengrab below shows the response we got as we were trying to get access to the Biznet hedge fund.

As you can see, we couldn’t get access since we didn’t have an affiliate link and didn’t have time to waste looking for one. Most importantly, we understood the idea behind this. See, is like a pyramid scheme (forget the “hedge fund” nonsense) where people already in the system aka affiliates, send links to their friends to join. Since the site doesn’t have any actual investments – if there was it would not be kept under wraps, trust us – existing investors are paid using the deposits from the new traders they invite and so on, until it reaches the top. This is exactly the reason the site requires new users to register through affiliate links.

The truth about

While going through the glossy website, we couldn’t help thinking that it looked and felt too good to be true. Thus, we were inclined to go on a hunt for the truth and everything else there is to this site to either prove or dispute our suppositions.

We were quite surprised to find out that is quite a popular site globally with a very impressive Alexa ranking. This site apprently is highly popular especially in Russia, Ukraine, Germany, Brazil, Switzerland, Spain and India. Almost 50% of its traffic is referral traffic, meaning that it’s generated by ads. And about 99% of these ads can be found on, a Bitcoin advertising site.

Below is an image showing the ranking of on at the time of writing this review.

Normally, sites like these have very poor rankings mainly due to bad user reviews and spam links but as they say, there are always exceptions to everything. Nonetheless, as the above graph shows, has experienced consistent increase in traffic over the last several months.

Another thing, do not have a functional bank account and only transact using Perfect Money and AdvCash e-wallets and Bitcoin wallets. As you would know, opening and running a bank account would have made it hard for the site to disappear with investors’ money without being traced unlike e-wallets, which don’t require much details and even then, don’t have a way to verify the details given.

InstaForex is an unregulated broker!

As mentioned earlier, have an official working relationship with InstaForex. We found out that the broker is unregulated, which is a very big red flag. Worse still, the broker has been blacklisted in several jurisdictions on suspicion of being a scam. Notably, the Ontario Securities Commission issued a warning to InstaForex in 2014 after receiving complaints from investors about their shady dealings. The broker was also blacklisted by the French AMF in 2015 for operating without approval.

That is working with an unregulated broker whose track record is very unimpressive is in itself enough reason to keep off.

Biznet Review Conclusion

In conclusion, is a ponzi that fools people using sweetly worded promos and a professionally done website. However, it still remains a scam, not any different from the shady and corny ones you see every day. For that, stay safe and stay away from this ponzi.

Sigma Pro from is a binary options scam that should be avoided! As you will learn throughout the brief duration of our unbiased scam review, nothing about the Fast Million auto trader is authentic nor can be trusted! Following the classic acquisition model of a binary options broker deposit scheme, Fast Million is the fastest way to lose your required broker deposit. Learn the facts behind this resurfaced binary option software scam and what measures you can take if you have been scammed or cheated out of your hard-earn money!

Debunking Fast Million Trading Software

Fortunately for us, the creators behind this mediocre trading scam were quite lazy when developing this scam. False claims such as being endorsed by popular media channels along with incorrectly photoshopped images made exposing the illegitimate characteristics of this scam a walk in the park. As you can see in the image above, Fast Million incorporates a misleading marketing technique that is quite common among auto trading scams. Allowing viewers to believe that Fast Million has been featured on USA Today, CNN, BBC, Russian Today (RT) and Forbes is a misleading element exhibited by the Sigma Pro auto trader.

As most of you have been able to piece together, Fast Million is actually not featured on any of those popular media outlets. In fact, no search results on any of those websites yielded any credible findings, which means that the Fast Million software has never been reviewed on any of those sites before. This is an obvious ploy to earn potential traders trust by making their software appear more legitimate when in reality it is nothing but lies and deceit.

The Fast Million trading software relies on a revolutionary algorithm that “has no equal” to generate highly inaccurate trading signals. Claiming that the software analyzes more than two thousand political and financial factors before determining whether an investment signal is likely to win is just as ridiculous as it sounds. The creators behind this scam should have just said that the software creates miracle signals by using pixie dust because that would have been much more believable than their vague and unsatisfactory explanation. To be honest, the Sigma Pro software is nothing more than another auto trader that has been rigged to slowly lose your deposit over time.


Disturbing Sigma Pro Findings

One of the most discouraging components about the Fast Million software would be how it operates solely with unregulated brokers. As some of you know by personal experience, investing with a binary options broker that is not regulated is not only dangerous but extremely frowned upon. Especially after many governing authorities and federal entities have made the practice of investing binary options with unregulated brokers a punishable offense. A piece of advice that we can share with you would be NEVER to sign up with any auto trader that is requiring you to deposit with unregulated brokers! It is a clear sign that the software in question cannot be trusted and should be avoided!

Another discovery that we unraveled would be how the incorporation of photoshopped images are used to gain your trust. However, it is quite obvious that the scammers behind this system have little to no knowledge with how binary option contracts work. Using incorrectly edited photoshopped images just goes to show how moronic the creators behind this scam truly are and just gives you another reason to avoid this money losing auto trader.

Fast Million Review – Scam or Authentic?

The measures taken from the creators behind the Fast Million software weren’t enough to pass this auto trader off as an authentic trading solution. We sincerely believe it goes without question that the lazy efforts exerted by these scammers were half-assed but at least we didn’t have to suffer through any ridiculous pitch videos that relied on pathetic and awful paid actors. Claiming that if investors sign up and deposit with their systems that they will become millionaires is one of the oldest tricks in the books employed by scammers. One guideline to abide by when searching for a profitable and reliable trading software would be that if it sounds too good to be true, then it probably is!

Fast Million Verdict – Binary Options Scam Exposed

Unregulated brokers, misleading claims and a lack of factual trading results have doomed any hopes that the Fast Million software had as appearing as a legitimate trading system. Never deposit with a binary options broker that is unregulated and make sure you conduct thorough research before committing with any online trading software.

For those of you who are looking for legitimate trading opportunities, feel free to check out our recommended trading apps and services.

Forex Regulator claims to be the best financial fraud investigations and asset recovery firm that can recover your loss funds, effortlessly. Providing a 95% guarantee this offer with minimum upfront surcharges seems to be a legitimate opportunity at first site. Claiming to have successfully won a total of 1,121 cases to date, one would imagine that there would be at least a shred of positive endorsement somewhere on the net. Instead we are left with the contrary and a lingering suspicion that this recovery firm is possibly nothing more than another 419 Advance Fee scam.

Who is Behind Forex Regulator?

No pertinent information regarding the owners, creators or executives behind this operation can be found on the site. The About Us section on the site is essentially useless and only provides information regarding Forex Regulator’s mission and vision. In fact, the only area we were able to find any identifying features would be the Terms and Conditions where it appears that London Wolt is the corporate entity behind this operation.

A search with Endole Suite will reveal that London Wolt LP is an active company that was incorporated on December 6th, 2016. Under the company number SL029454 this corporate entity’s address is the same location provided for Forex Regulator’s address which would be Suite 1 44 Main Street, Douglas, Lanarkshire, ML11 0QW. On the Contacts page, the forms of contacting this recovery firm can be accomplished through live chat, their email address which is [email protected] along with the phone number +44 203 695 5004.


How does Forex Regulator Work?

Forex Regulator operates in a similar manner to that of an advance fee scam. The first process that one must undergo would be to pay an upfront and non-refundable legal office charge with your application. Hint, the advanced fee scam element that we were illuminating to you earlier on. Now, depending on the size of your set claim, you can choose between 3 separate packages that all vary in price and received support.

The Legal Assistant package is recommended to investors who are looking to file a claim for an amount up to $1,000. There will be a $50 upfront service charge that in non-refundable with this claims package and essentially you will go through the ordinary measures pursued by an asset recovery firm. Which would be reviewing your case, submitting all relevant evidence of your plea, and figuring out a recovery strategy. When pursuing the Legal Assistant package, you will be provided with 1 legal assistant to pursue your claim process with.

The Legal Coverage claim package is recommended for individuals who are looking to recover an amount between $1,000 to $100,000. In addition to receiving all of the incentives offered in the Legal Assistant package, you will also receive legal opinion from “best suited attorneys” and instead of submitting your complaint to one legal assistant your complaint will be directed to 1 legal office supervisor. The upfront service charge for this package is $200 and if by some chance they do recover your loss funds you will need to pay an additional 20% success fee.

Full scale legal intervention is the last claims package available and is recommended to individuals who have complaints regarding lost funds over $100,000. In addition to receiving all the support provided in the Legal Coverage package, you will also consult with regulator and processor entities while receiving an additional legal office supervisor. An upfront and non-refundable application fee of $500 will be required along with a 20% success fee if your lost funds become recovered.

Warning Signs

Before you commit with Forex Regulator, we believe it is imperative that you consider a few questionable factors. The first factor being how on the About Us section on the site they claim to have been working since 2016 yet when we conducted a WHOIS domain search it reveals that the site was created on February 1st, 2017. Another red flag that should be considered would be how they claim to have won a total of 1,121 cases to date that involved 86 separate brokers.

As we harped upon earlier, we feel that if such an asset recovery firm was this successful then there should at least be some positive feedback regarding users experiences with this firm. Instead we are left with virtually no reviews or feedback about this recovery operation, making it difficult to genuinely trust this site. In addition, reports of investors who have lost money through malicious brokerage operations such as 72Options, Aryex, PaxForex and Trade24 all seem to have been contacted by Forex Regulator in an attempt to solicit business with those who have already fallen victim to those scams.

No filed claims were made by these users which brings up the question of how exactly does Forex Regulator have access to these traders personal and financial information? Are they in operation with blacklisted brokerages such as the ones we just listed? It is difficult to know for certain which is why we believe it is valuable if you understand how 419 advance fee scams are operated. For instance, the most common characteristic exhibited by advanced fee scams would be how relentlessly they attempt to solicit money away from their clients.

Meaning that if you do decide to give Forex Regulator a shot then be extra cautious about any additional fees they ask you to pay. Oftentimes sites that operate with the illicit advance fee business model will ask for additional fees for “services rendered, tax fees, and escrow account fees.”

Even more common would be how if you are unwilling to pay these extra fees that they claim you will not be able to retrieve your funds that are allegedly set up via escrow account. Which brings up another question of why couldn’t they just take out the desired fees from the secured escrow account funds? If you notice Forex Regulator conducting any of these unethical business practices we implore you to stop all communication with this site and ask you share your experience below.


As of December 2017, is a relatively unpopular site that has a global rank of 9,865,228, according to Possessing a rank of 2,589,264 in the United States, one could deduce that most of the traffic originates from viewers residing in the US. Further demographic breakdown is unachievable due to the relative poor global ranking of this site.

Forex Regulator Review Conclusion

Unfortunately, there is just not enough verifiable information about Forex Regulator to rule this asset recovery firm as a legitimate or trustworthy operation. The lack of feedback regarding this recovery firm is questionable while the procurement of victimized traders personal and financial information is even more troublesome. Due to these reasons alone we are asking investors to avoid Forex Regulator for the time being until more evidence can be presented to verify that this operation is indeed not a scam.

Review Conclusion – ForexRegulator cannot be trusted!

If you have any experience or knowledge to share about Forex Regulatory, please leave your feedback below!

One does not have to be a trading expert to feel that something just does not add up about FXMasterBot, immediately after accessing the site. The pitch that we’re given is an all-too-familiar one and no matter how long and hard we look, we will not find anything to alleviate those suspicions. In fact, the deeper we read into the offer, the more certain it becomes that this is nothing more than a clumsy scam indeed.

What exactly does peddle?

The auto-trading angle has been done and re-done countless times in this vertical, and we are sorry to say that FXMasterBot brings nothing new to the table in this regard. Indeed, some 99% of all auto-trading solutions offered turn out to be scams, nothing more than sneaky ways for affiliate marketers to get people to sign up with their partner brokers. The 1% that make up the exception, stand out through a couple of easily identifiable traits: first of all, they’re sold for money, and most of the time, they’re not what one would call cheap. Secondly, they are fully transparent in regards to the algorithms they use to generate their trading signals, meaning that they actually show their users their source code, the technical indicators they use and they allow their users to tinker with a massive range of settings. Legitimate auto-traders NEVER promise profits, or that their users will “master” the markets. They are sold as tools meant to take the grind out of the equation for their users. The success rate of such tools depends entirely on the settings used. Usually, around such auto-traders, there are vibrant forum/discussion board-based communities, which dissect settings and strategies, and share setups.

fxmaster bot

Needless to say, FXMasterBot ticks none of those traits. Though pretentious, the homepage copy does not really say anything in the way of background information on the algorithms used by the signal generator. The system is made up of a signal generating module, which is a sort of “magic box,” in the sense that the user never really gets to know how and why it works. It just does, and we’re all expected to swallow that fact. Users of the trading bot are allowed to apply the trading signals manually, or to let the system trade these signals automatically.

There are three account-tiers offered, the first of which relies on binary option signals, and requires a minimum deposit of just $250. The second one, the Expert account, costs $500, and it generates FX signals as well, on no fewer than 9 currency pairs. Through this account, users stand a better chance to rank high in the leader-board race run by FXMasterBot, because of the 2x multiplier applied to their Leaderboard points.

The top account is the $1,000 Master one, which features 17 currency pairs and a 3x Leaderboard multiplier. As one progresses through the accounts, the software will allegedly make more and more settings available, thus “teaching” users how to trade, and turning them into masters of the FX markets in the end.

There’s a Demo account available too, which is a tricky little addition, and which is supposed to give would-be users a risk-free taste of how the system really works.

Should I Trust Fxmasterbot?

No you should not, and we’ll give you plenty of arguments in this sense below.

Red Flags and Question Marks

Where to begin? The above mentioned Demo account is a good starting point. With great difficulty (on most browsers, the option just wouldn’t work), we managed to create an account and to log into it, only to realize that the trades that were done through this account were faked, to hype up the abilities of the auto-trader. Having run a search on the matter, we then realized we weren’t even the first to notice this “insignificant hiccup.” Once Fxmasterbot paints this unrealistically flattering picture of its capabilities, it shoves the real money account option into users’ faces. The broker one will be registered with is KayaFX, an unregulated brokerage, which fits the scam mold to a T.

Another red flag is that the trading bot is free. Indeed, the perpetrators of this scheme get paid for their “efforts” through the affiliate commissions they pick up from their partner brokers (like KayaFX), with whom the clueless victims make their deposits.

Yet another red flag is raised by the fact that FXMasterBot sees no need to reveal to its users how its algorithms work.

The fine print at the bottom of the page states that FXMasterBot does not provide investment services or investment advice…this is puzzling the say the least, because that’s exactly what it peddles. Giving a user a trading signal, and sometimes even executing a trade in his name based on this signal, is the very definition of investment advice.

Last, but not least: the fact that this is indeed an auto-trader is a major red flag in and of itself. No automated trader is capable of generating consistent profits for its users without outside intervention, and those selling legitimate auto-trading solutions will be the first to admit this.


As said above, there are a handful of reviews and posts out there, exposing FXMasterBot for what it really is. What’s surprising is the high number of positive reviews though. When reading into these reviews, you will quickly find however that they all come “adorned” with a big, fat affiliate link here and there, and that does indeed explain a lot.

FXMasterBot Review Conclusion

FXMasterBot is nothing more than the repackaging of the age-old auto-trading scam, the goal of which is to get gullible users to deposit real money with unregulated brokerages. The perpetrator of the scam gets paid through the commissions.

Free robots won’t make you money. Just stop and think about it for a bit: doesn’t this pitch sound a little too good to be true?

Did you try FXMasterBot? Share any feedback in a comment below this review.

Don’t send any money to Global Trader Insurance unless you want your money stolen! It appears that a new string of investment scams have surfaced in the form of insurance claim companies that promise you that they can retrieve your previously loss investment funds. These fraudulent insurance operations are known as “Advance-Fee Scams” where those of have been contacted must send a substantial sum of money before their previously lost funds can be retrieved via an escrow account. To learn more about Global Trader Insurance, make sure to keep reading our unbiased review!

Global Trader Insurance claims to be an asset recovery firm specialized in binary options. They are not a court-delegated claims administrator or class counsel but rather an asset recovery management company that is partnered with the overseeing authorities of the binary options industry. Basically meaning that they have no legal authority over of the claims they suggest they can refund back to you.  Hosted at, this site claims to be operated under a business known as Global Trader Insurance, Inc.

There in lies our first red flag associated with this fraudulent claims company. According to the Better Business Bureau (BBB) and UK Business Registrar site, no business known as “Global Trader Insurance, Inc.” exists. To add to the confusion the address found on the site is Carlton Court, Grainger Road, Southend-on-sea, Essex, SS2 5BZ, which is actually associated with an antique site.

insurance signup

Although we hate to admit it, the scumbags behind this scam were cunning and carefully thought out each step to their misleading claim company. It seems that for every requirement that investors had to fulfill with this fraudulent site that there was always a seemingly legitimate reason behind it. For those who are inexperienced to just how dangerous the online investment industry can truly be these steps appeared genuine when in reality they were raising all sorts of warnings and red flags.

Take for example the amount of approved claims and the recovered fund values that be found further down the site. To date Global Trader Insurance claims to have 15,616 files claimed with 9,002 of them being approved. What is perhaps even more impressive would be how they claim to have recovered $16,854,801 in loss funds. Combine this fabricated value with the fact that the site was only created on March 9th, 2017 and you have a truly unbelievable figure at hand. If any of these alleged values were authentic and genuine, you would think that GTI would be famous and positively endorsed all throughout the web.

According to an investor who shared his experience at, you must first open an account through Global Trader Insurance (GTI) where you will then be asked to fulfill a service fee for the services rendered. Among the deposit methods available would be Western Union, Moneygram or Perfect Money. Herein lies another red flag as to why you must deposit through these anonymous payment services. Secondly, GTI will ask that you provide your tax information and pay an additional “tax” fee before you can retrieve your funds via escrow account.

Essentially what is happening with advance fee scams like Global Trader Insurance would be that they are fraudulently trying to induce you to send money. Once you do they will make up elaborate excuses with each increasing request for more money until you refuse.  It isn’t until you refuse to send any more money that these scam companies then severe all communication ties and disappear. This is the classic example of how a classic 419 advance fee scam operates and it is textbook to the operation practiced by the GTI scam.

When it comes to dealing with suspicious insurance claims company who claim to have retrieved your lost funds, you should ask yourself a series of 3 questions. First, why can’t this service just deduct the required payment fee from the retrieved funds? Secondly, does the site provide any information pertaining to the owners or company operating the service? Lastly, through research does the information provided on the site appear to be legitimate and factual?

For those of you whose research yields unsatisfactory results, always make sure to reach out to a reliable source for guidance and acquire a second opinion before you commit. If you come across any seemingly legitimate claim companies that you are unsure about, always feel free to contact us. Chances are that more likely than not they are just another investment related scheme that fits the bill as an advance fee scam.

Global Trader Insurance is a deceptive advance fee scam that should be avoided at all costs. If you have been contacted by this deceitful organization we are urging you to not to send any money, stop all forms of communication and reach out to  local authorities. Embodying the persona of an insurance claim company that can allegedly retrieve previously loss investment funds is what makes this scam so dangerous. As we predicted in our Secured Trade Investment review, more fraudulent insurance claim companies are materializing into existence so exercise caution and only invest with proven investment services!

Review Verdict:  Global Trader Insurance is a SCAM!

Like many of its peers, HQBroker  sells itself as a global, trusted online trading brand, which has racked up hundreds of thousands of clients and which boasts a spotless reputation. While the reputation of the operation does indeed appear to be better than that of several of its direct competitors at first glance, the construct simply does not hold up to close scrutiny. The problems in this regard begin with the corporate background of the brokerage, which is a little murky, to say the least.

According to the official site of the brokerage, the company behind the HQBroker brand is Hokkaido Investments Sp. z o.o. (Registration No. 699793). The phone number provided is 852-5808-4980.

Now that we have gotten that out of the way, let us take a closer look at what the site offers.


HQBroker Trading Conditions

The trading conditions are advertised as great at the brokerage. The spreads used are apparently dependent on the account type one registers for. On a regular account for instance, the EUR/USD spread is 1.2 pips, which is everything but generous. On the same pair, but with a Silver account, the spread is 1 pip, while with a Gold account, it is a much more reasonable 0.8 pips. On more exotic currency pairs, the spread can be as high as 5.5 pips.

The maximum leverage also depends on the size of one’s deposit. For deposits falling into the $100-$10,000 range, the maximum leverage is 1:400. Those who deposit more than $10,000, will be able to use leverage up to 1:1,000.

HQBroker Product Selection

HQBroker offers three main trading product categories: Forex, Metals and CFDs. The brokerage supports the trading of no fewer than 50 currency pairs through the MT4 platform.

As far as the metals category is concerned, spot Gold and Silver can be traded.

Featuring ECN execution, the CFD category includes stocks, commodities and equity shares.

Account Types

Account types are extremely important at HQBroker: as said above, they have a major impact on the trading conditions users will enjoy at the site.

The Demo account is unlimited: it offers access to real time streaming data and real time execution, as well as to the full product selection of the brokerage. Traders who choose this risk-free option, will have $100,000 in virtual funds at their disposal to put the various platforms offered by the brokerage to the test. Signing up for an HQBroker Demo account is as easy as filling out a simple registration form.

The real money account selection is a tad more intricate. There are no fewer than 5 options, mostly determined by the deposit amount required.

The most basic account type is the Starter, which requires just $250. It comes with floating spreads, an account manager and mobile trading options.

The Silver account requires a minimum deposit of $5,000. This one features floating spreads as well, in addition to the exact same features mentioned in regards to the Starter account above.

The Gold account throws a free bank wire option into the mix. In exchange for that though, it requires a minimum deposit of $20,000.

The Platinum account takes things one step further. For a $50,000 deposit, it gives traders fixed spreads, as well as access to daily analysis.

The Investor account is at the top of the account-type pops. Requiring a deposit of $100,000, it too features fixed spreads, account managers, 24h support, and access to a free VPS service.

HQBroker Platforms

HQBroker’s platform selection is squarely focused on MT4 – which is indeed a good thing. MT4 can be downloaded directly from the website for free, and it comes with its usual package of – rather impressive – features. It supports superb charting options, an outstanding selection of pre-installed technical indicators, as well as EA capabilities, which work well with the above mentioned VPS service.

In addition to MT4 and its myriad of features and capabilities, HQBroker offer mobile trading platforms for Android and iOS-based mobile systems, as well as a Web Trader. The Web Trader is surprisingly capable and complex. It too is based on MT4.

Should I Trust HQBroker?

Considering the evidence and facts presented above, we have to say that things do not look good in this regard for the brokerage. The operation does not seem to be regulated and its murky corporate background (which also includes a Warsaw, Poland-based firm, called Hokkaido Investments SP. z.o.o.) does not inspire the tiniest bit of trust.

Question Marks and Red Flags

Besides the trust issues linked to the corporate entity behind the operation and the reputation issues stemming from abysmal user feedback, there’s another unsettling thing about HQBroker: the website copy uses broken English. That may not mean a whole lot from a strictly technical perspective, but it does pose the question: what kind of a brokerage is this, that it cannot afford to hire a proper copywriter?


Though user complaints are not yet numerous – most likely on account of the tender age of the operation – the ones that are out there are of the no-nonsense kind, and they bring up rather serious issues. Aggressive marketing and sales tactics are apparently part and parcel of the HQBroker trading experience. Users are subjected to persistent phone calls peddling various deals, and they are promised all sorts of knick-knacks in exchange for their deposits.

Users have also complained about having had all their funds lost by the broker’s “experts,” who traded in their names with great relish and incompetence.

HQBroker Review Conclusion

Though it features a good trading platform and offers a decent selection of trading products, HQBroker just cannot be taken seriously. It is unregulated, its website is written in broken English, its corporate background is a mess and its users are displeased.

Feel free to post a comment below this review if you can share any feedback regarding HQBroker.

Hurriya Trading is an unregulated brokerage designed to fulfill the needs of a multitude of investors. Created just under 3 months ago on September 20th, 2017 this brokerage is currently in its infancy stage which means finding any feedback or complaints about this brokerage is almost impossible. Claiming to be operated by a company known as Financial Freedom, we will unravel all the misconceptions hidden at Hurriya Trading through our absolute and unwavering review.

Who is Behind Hurriya Trading?

In order to find any information regarding the ownership behind this company, we had to jump a few hurdles. Coincidentally enough the About Us page found at hurriyatrading does not appear to work, nor does their Terms and Conditions page. Since no information pertaining to the owners behind this brokerage can be found on two significant pages, we had to resort to the sole authenticating characteristic we could find on the site, which would be that this company is allegedly operating under the registration number 10914612.

A CompaniesHouse search will reveal that this registration number belongs to a company known as Financial Freedom Trading Ltd. According to the report, this corporate entity is indeed an active company that has a registered office address of 15 Blackbird Hill, London, United Kingdom, NW9 8RR. Which happens to contradict the address provided on the site, which is 2A Powis Street, London, England, United Kingdom SE18 6LF.


Now, in most instances, the corporate address will match the investment firms provided address. However, this isn’t always the case, which is why we’ll take a look at the incorporation date. According to the CompaniesHouse report, Financial Freedom Trading Ltd was incorporated on August 14th, 2017, while a WHOIS domain search will reveal that wasn’t created until September 20th, 2017.

Again, this doesn’t necessarily mean that Hurriya Trading is lying about their corporate entity, but it does raise suspicion as to why both of the characteristics don’t match up when most of the time they do.

Hurriya Trading Offer

Unlike traditional investment brokerages, Hurriya Trading doesn’t enable their investors to possess control over their deposited funds. Instead Hurriya Trading team of financial experts and “professional” traders will invest your funds for you. This investment practice severely limits cliental control over their own funds, which in turn prohibits the investors ability to conduct withdrawals when they wish too.

Instead, Hurriya Trading offers a fixed principle return that is dependent upon your initial deposit. Expectedly, the more you deposit through this trading platform, the more you are allegedly able to accrue in long-term profits.

Hurriya Trading Accounts offers 5 separate investment packages that each come with lifetime profits. While the most minor account package will yield an annual profit of atleast 247%, it is difficult for novice investors not to get caught up and fall victim to such beliefs. Listed below are the 5 account packages available:


Weekly Return: 4.75%

Minimum Deposit: $50.00

Maximum Deposit: $499

Expected Annual Return: 247%


Weekly Return: 5.25%

Minimum Deposit: $500

Maximum Deposit: $999

Expected Annual Return: 273%


Weekly Return: 5.75%

Minimum Deposit: $1,000

Maximum Deposit: $4,999

Expected Annual Return: 299%


Weekly Return: 6.25%

Minimum Deposit: $5,000

Maximum Deposit: $9,999

Expected Annual Return: 325%


Weekly Return: 6.75%

Minimum Deposit: $10,000

Maximum Deposit: No Limit

Expected Annual Return: 351%

Hurriya Trading Support

Hurriya Trading can be visited at the physical location of 2A POWIS STREET, London, England, United Kingdom W1J 8DJ. The only problem is that if you try to visit that location, your GPS won’t be able to accurately deliver you to your destination. As you will come to understand, the provided address of “Hurriya Trading Limited” does not actually exist.

That wasn’t the only red flag that we came across either, if you enter their provided telephone number +44 (20) 3514 3669 into a search engine you will notice how it is also the same number provided for a different brokerage known as BitProKnight. As you can see in the image below, BitProKnight shares a remarkable resemblance to Hurriya Trading and if you look close enough at both addresses you will notice how they changed it from “2A POWIS STREET, London, England, United Kingdom W1J 8DJ” to “1 Berkeley Street, London, England, United Kingdom W1J 8DJ”

Hurriya Trading Red Flags

It is evident that the creators behind Hurriya Trading have been quite busy. Apart from being responsible for the creation of a second brokerage known as BitProKnight we have also found two other investment firms that are connected with Hurriya Trading. Forex606, found at, along with TrioCoin ( are both brokerages created by the same scammers behind Hurriya Trading.

As you can notice from the images above, each of these sites share the same exact layout while each brokerage tries to pass off random investment company’s license number as their own. It is obvious that none of these sites are legitimate or trustworthy investment brokerages, which is why we are urging all investors to steer clear from these fraudulent brokerages!


As of December 2017, had a global rank of 17,892,502 according to a SimiliarWeb report, indicating the site barely gets any traffic at all. The little traffic it does get seems to come from India.

Hurriya Trading Review Conclusion

Hurriya Trading is just one among many fraudulent brokerages created by a desperate network of scammers whose sole interests is to line their pockets by stealing your hard-earned money. The evidence provided in this review could not make this truth more clear which is why we are urging all investors to avoid Hurriya Trading and any brokerage connected with this illicit investment operation.

Hurriya Trading is a SCAM!

Blacklisted Sites:,, &

Have you been scammed by Hurriya Trading or any related entity? Speak up and share your experience by providing your feedback below!

Options Trade Insurance is a leading exchange and insurance firm that offers binary options and spreads. Brought into existence in mid June 2017, this so-called leading insurance firm is allegedly regulated by the CFTC, FCA and CySec. Although no mention of regulation license numbers or a corporate entity is ever presented to us it seems fair to deduce that these alleged regulations may not be factual. In fact, the operational model of Options Trade Insurance fits the bill as another shady insurance operation that is nothing more than another Advance Fee Scam. The site,, was registered with a privacy package making finding information pertaining to the creators and operators behind this site out of our reach. This in turn enables this questionable insurance operation to remain an anonymous service and since we aren’t provided with any license numbers, corporate entities or ownership details it is evident that the creators behind this site don’t wish to be identified.

So What Exactly IS Options Trade Insurance?

Options Trade Insurance claims to be a regulated insurance and exchange platform that can insure your funds while you invest through their platform. They also serve under the capacity as an asset recovery operation where they claim to successfully retrieve funds for investors from brokerages such as IQOption, Cherry Option, CT Option and TMOption. Whether there is any truth to these alleged operations, one cannot be sure. What we do know would be how similar of an operation this site is to that of a 419 advance fee scam. Ever since the intense scrutiny the binary options industry has undergone, many sites have arose into existence that claim to be genuine insurance and asset recovery firms. Regrettably enough, most of these operations are scams that have been created to target those who have already suffered losses to brokerage scams. It is a rather sickening and vicious cycle, which is why we we will only advice investors to sign up with proven and fully identifiable operations, such as MyChargeBack. business-insurance As most of you can undoubtedly put together, advance fee scams like Options Trade Insurance requires investors to first pay a fee before being provided any services. Usually these fees come as flat rates or require broker deposits if they are exchange ready platforms, such as this investment firm. Typically illicit operations that fit this criteria will keep requesting that their clients send payments to cover fees that may arise. Fees for escrow services, funding a trading account, “tax” fees, service fees and recovery fees for allocated funds are among a few of the most common reported by those who have been scammed by advance fee scams.

Can I Trust Options Trade Insurance?

No trust has been earned through Options Trade Insurance which is why we are urging all investors to avoid this phony insurance operation. It appears that this company is obtaining previous clients personal, financial and investment history from notorious brokerages that have previously scammed those same clients. The sudden acquirement of these confidential files should inflame your suspicions and make you question how this site has obtained your information without you personally filing for assistance. We’ve seen this same tactic before among other fraudulent insurance operations that claim to be the best asset recovery and insurance agencies. After touching base with you they will convey with you a practical plan to retrieve your previously loss funds that take no more than a couple weeks duration of time. During this alleged retrieval interval they will initiate contact with you claiming that they have recovered your funds and have it held in one of their segregated or escrow accounts. Before you are able to “retrieve” those recovered funds you will be required to fulfill a series of fee payments. It isn’t until you finally catch on after several fee payments that you begin to question the operation and why this service couldn’t just deduct those pointless fees from your recovered funds. Well, the answer to that is simple, which is that they never recovered your loss funds to begin with. As with most 419 advance fee scams, as soon as you stop sending them money they will stop all forms of communication with you and leave you out to dry.

Promises and Features

Although we weren’t able to find any explicit guarantees on the site, we did notice the strong assertions they make in the ability to recover loss funds along with the assurance of how if you join their service that 90% of your losses are insured. Whether or not you will actually be compensated for those losing investments, we see no sensical business model where this insurance would be optimal and accepted by an investment brokerage.

Options Trade Insurance Complaints

Due to the relative young age of Options Trade Insurance there are virtually no complaints that can be found on the web. Within the upcoming months though we are expecting to see a drastic increase in the amount of negative feedback regarding the unethical business practices pursued by this fraudulent insurance firm.


As of December 2017 (the time we posted this review) the site,, did not reflect a global ranking or demographic audience breakdown due to the severe lack of traffic that the site receives.

Options Trade Insurance Review Conclusion

It is evident through the measures taken by Options Trade Insurance that this suspicious insurance and exchange firm cannot be trusted. Do yourself a favor by avoiding investment related sites that do all in their power to hide their true identity, it more likely than not is a scam! As for the case of, we believe this site to be a bona-fide advance fee scam posing as a deceptive insurance and asset recovery firm.