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Forex Funnel doesnt work
Rated: Fair [1/10]
Another Trading Platform, Another Scam; that’s Forex Funnel for you! Add to that a sucker like me and you will have a clear picture of what Forex Funnel is all about. Promoted by its creators as the best trading platform in the market, it’s good only for one thing. Confusing the User, and making him/her and intensely frustrated human being. I lost a truckload of money and forget about getting my share of the $3million Forex Industry out there, I actually contributed my own share of cash to this industry.
Automatic Trading – Beware
What the Forex Funnel promises is that you don’t have to monitor the Forex Market all the time. The Forex Funnel software will do it for you. I had a major problem regarding this aspect. Forex Trading is about monitoring the rise and fall of the market and making quick decisions. So, whatever the case maybe you will have to stare hard at the monitor. There is nothing like an automated trading. Just keeping the program running is not going to mint money for you.
It Gets the Analysis Wrong
The major benefit, of such automated Forex systems, as claimed by the “brains” behind them, is that they analyze the essential data helping you reach the right decision. The point is that the analysis is based on a few specific parameters. What if the dimensions of these parameters changes or a few new considerations enter the picture? The analysis will go wrong; and it did, in my case. My losses were a direct result of the faulty analysis of the Forex Funnel. It funneled my earning into the Forex market.
Demo Accounts are a Sham
Now, the Forex Funnel will help you start off your use, by using a demo account that will enable you to understand the system with fake money. Well, let’s just ask a question? Who created the Forex Funnel? Who Created the Demo Account and the Scenarios? One and the same people right! So, the demo account will definitely be great going and like anybody I was impressed. But, when I started using the system, I realized that I have been had, and that too big time.
Scamming the Back Test Report
The scam is perpetrated at the test report stage as well. The support for this system is only offered till the sale is made. The reason for this is very simple. The optimization of the Forex Funnel is only done for a period of 6-12 months. After that, you will face what I faced. As the market changes with respect to a trading situation, the system will no longer perform for you. Very soon I found myself with no funds in my trading account and I sobbed my heart out. But, Forex Funnel and its makers were nowhere around to offer their support.
My Verdict – Do you really need one? With its non performance and overpricing, you should only go for the Forex Funnel if you have some morbid fascination with losing your hard earned money.
EDITED BY ADMIN:
If you purchased this product and you want to request a refund, contact clickbank at refunds@clickbank.com
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Comment by garry — 12/05/2009 02:50:17 , Tag: forex funnel
Comment by queen — 05/06/2009 23:49:19 , Tag: forex funnel
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Comment by aser — 24/04/2009 23:24:25 , Tag: forex funnel