Jun 16, 3: They also sell a bunch of tutorial videos and reports which they claim will get you started easily. In fact, users who have subscribed to this false signal service have complained of how they lost huge amounts of money from day 1 of signing up with this rogue system. These complaints have warranted us to do a negative review on the same.
The number one fact about Michael Nurok and fellow internet gangsters is that they cannot trade. This has resulted in a huge number of extremely poor trades from users who follow them blindly. Not only is this a losing signal service, but it is also purposeful in its quest to dupe traders. Even though they claim to make individual members between pips each month, that has not been the case since users reviews are saying otherwise. When a stop loss of 45 pips is hit, it is chalked up as 45 pips loss.
When a position ends in the money, all the 3 positions or pips are added up as opposed to being divided by 3. This has given traders the illusion that winning trades always scoop 3X the amount of profit. Traders need to wake up to avoid falling into the hands of a smooth operator that Michael Nuron is. They apparently run a copy trade service too, which they claim will extract mega pips from the market to make you wealthy each month. With only 2 months of running this copy trade service, users were reported to have lost pips on average — which is not normal.
Now, in July and September, this service published false performance that it had gained between pips. This will definitely cost you, not to mention the monthly subscription fees which can quickly add up if your investment capital is included. They have a trade copier system which is very easy to setup if you have used an expert advisor before. Do do not be fooled to think that these things will add any value to your trading experience. If anything, this system will only subject you through hell because your losses will be magnified each minute, despite having these features intact.
We also wish to point out that Traders Elite has a ticketing system that serves no purpose either. You can take this warning to the bank. Traders Elite claims to offer a user guide for purposes of learning how things work in their platform. Apparently, this user guide is so badly written, which is an indication that no one took his time to write something that would add value to the buyer.
After all, they are here today and probably gone by tomorrow. So why invest heavily in small things such as user guides? And the fact that this was not pointed out in their badly written user guide was enough to make us label it a scam. Once you subscribe to this false system, you will begin to notice a weird pattern.
We do not know whether they are just too busy, trying to generate signals or discussing how to make price changes since their support never attend to any question or concerns.
The provider never reports all trades to Myfxbook for reasons unbeknown to them. Furthermore, even if they make reporting, most of it is never honest. They claim to have 3. We actually checked out that Facebook page here https: How come no one is commenting or talking about this product there?
Traders Elite is obviously a false product that you should keep away from. While good training systems like Forex Mentor exist, the bulk of what we are being sold on the internet is just scam.
Traders Elite has painted a bad picture on its name. It is never to be trusted again especially now that it has caused traders to suffer massive losses in the past. Your email address will not be published.
Yes, add me to your mailing list. Notify me of follow-up comments by email. Notify me of new posts by email. Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Some social media users have been blasting and trolling Meir Barak of Tradenet because he said in one of his Is Forex School Online going to really teach you the right skills needed to make money from the markets?
The word ''Forex'' is an intriguing phrase for most people. That alone makes the Forex market a healthy breeding ground The Forex market is a lucrative place to be.
However, it is also a conducive environment where scams like Super Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction.
Contents 1 Traders Elite: Leave a Reply Cancel reply Your email address will not be published. Best Performing Forex Brokers. Top Forex Robots and EAs. Popular Articles Tradenet Review: August 23, By Warren 4 Comments. June 7, By Warren 0 Comments. June 6, By Warren 0 Comments. Super Profit Scalper Review: Will They Cheat You? Does 1 Hash Mine or Scam Investors? Scam or Good Site?
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