Forex Multiplier Scam Review. Welcome to our scam review of Forex Multiplier! Please read our review all the way through before choosing to invest with this fraudulent company. Forex Multiplier has been scamming people for at least a week now, which is 7 days too long. Let’s put a stop to it!
Is Forex Multiplier a Scam or Legit?
Forex Multiplier is new Forex scam that is turning many new traders into victims just in the last week. Here at binaryscamwatchmonitor, we review both binary options and forex companies because work with both ourselves. There aren’t that many Forex scams out there, so when we do see one, we will take it to task and crush it the best we can. This new forex scam is really maddening because we know how successful forex can be when done right. And Forex Multiplier scam just gets is ALL wrong. Let’s take a closer look at Forex Multiplier scam.
The promotional video for Forex Multiplier tells us that a guy by the name of Peter Allan has created this revolutionary new system that will make you profit more than you ever have before. “Peter Allan” tells us that he’s been helping people with Forex since back in 2001. This seems like a pretty easy claim to prove, because we should find a website, a social media account, or some other verifiable proof that links Peter Allan to forex education. We started digging but came up with nothing. Nobody in forex has even heard of him before. We also checked with a few of our contacts at the forex brokers, and they too have never heard of him.
Unfortunately “Peter Allan” is a fake name which is really all the proof we need to call Forex Multiplier a big fat scam. However, there is more. The Forex Multiplier website includes a section of badges showing how trustworthy they are. None of these badges are real. One of them claims they have been proven safe since 2015, but their website has only been around for a few weeks now. This is clearly a fake badge and they did a poor job of matching up the dates. Another badge claims that their website is SSL secure, which is a high mark for website safety.
Forex Multiplier scam is a cheap, flimsy trick aimed at screwing over new traders. Don’t be one of them! Forex is are favorite way to trade online. We absolutely love it, but we are giving Forex Multiplier a big fat failing grade! Fake names, fake badges, fake promises!
Many of our readers are not familiar with forex. Forex and binary options are basically two sides of the same coin. With binary options are are placing a bet on whether the price will go up or down but in Forex you are actually buying currency and then selling it at a profit. Both of these are related to the stock market. Forex has several large advantages over binary option trading. One of which is that in forex you can close a trade anytime you want. You are never stuck to a certain expiry. This gives you a better chance getting out of the trade with a profit, or at the very least, without losing!
Our favorite forex company is Social Trading with Tradeo. We’ve been trading with them for about 6 months now with great results. Every week since we started we have come out profitable. To find out more about this fabulous forex system, please read our review of Tradeo HERE!
Thank you so much for reading this review and please contact us with any questions or concerns. Happy Trading!
Conclusion: Forex Multiplier is a SCAM!!