Trade Forecast Scam Review, Find out the truth about Trade Forecast in this Review, Trade Forecast is not a legit software. See why Trade Forecast is a scam, read below.
Is Trade Forecast a Scam or Legit?
Trade Forecast is a auto binary options software that claims its trades are based on the trend of the market over the last 20 years. This sounds almost identical to the Trend Trader scam we previously reviewed. This is nonsensical garbage. Every good trader knows that trades are based on market conditions and a number of important indicators. Trends from previous years have very little importance while placing a trade. They can certainly help, but they should never be the deciding factor!
Chris Barlet is the name behind the Trade Forecast software. We couldn’t find a shred of information about him. We have no reason to believe this is his real name, especially considering how many times the Trade Forecast website has no problems using fake names with other pictures.
Trade Forecast tells us that they will begin selling their software next week for 5 thousand dollars to buy the software plus a 5 hundred dollar monthly fee. The only problem with this statement is that the website has been running for well over a week now and the software is still free. We assure you that it will always be free. Check back in a week or two and you’ll see that it’s still free.
Chris Barlet says that he will be taking a 5% fee from each trade placed, which will be payed by the broker. This is a commission that is ordinarily referred to as revenue sharing. What he fails to mention, is that revenue sharing is designed so that “Chris Barlet” will make money off of any trade you make, even if the trade loses. Some brokers actually pay more for losing trades!
Is Trade Forecast a Scam?
We were not surprised to see that all of the Trade Forecast reviews were fake. Check out Melissa Margina.
Here is her youtube channel with the name of McKenna Sharp.
Here is another reviewer named Jean Van Den Waghe. That’s NOT his name. He’s actually a man named, J.P. van’t Hof.
Conclusion: Trade Forecast is a SCAM!
The Trade Forecast scam is another scam that many other review sites have started to affiliate themselves with. This is unfortunate but not surprising as these same sites have chosen to profit off of scams such as Virtnext, Google Trader, and Gold Digger! Please know that we will never choose to affiliate ourselves with a scam!