FX Cipher Scam Review – Forex Scam?
OFFICIAL SCAM URL: fxcipher.convertri.com
FX Cipher Software is allegedly the best piece of Forex trading software that you will ever lay your hands on. Apparently this FX Cipher App is able to teach us all of the best Forex trading secrets out there. At the same time, it is also a fully automated and semi-automated trading bot that can help us generate thousands of dollars per day. Sure, it all sounds like a really great deal, but rest assured that appearances aren’t always the same as what is on the inside.
We did a lot of investigating and the signs are not good for FX Cipher software. There is a lot of fishy stuff going on with this ludicrous educational and trading app, stuff that we really do not like. We are here doing a FX Cipher scam review to give you fair warning about this very dangerous and absolutely malicious trading app. Rest assured folks, not a single thing told to us by these crooks is honest or true in any way, shape, or form.
FX Cipher Software – Lackluster Education
One of the first things that stands out to us about the FX Cipher trading app is that the education which it supposedly provides us with is totally garbage. We were able to get a hold of some of the educational material provided by this horrible system and it is not good at all. All of the “education” provided is totally bogus. All of the info is either totally outdated and not relevant anymore in today’s world or it’s simple stuff that you could find on Google or YouTube.
Seriously guys, don’t pay $100 for this educational tool when you can find the exact same info on Google for free. These crooks claim to teach you the best Forex secrets and show you the best Forex loopholes, when in reality they do nothing of the sort. To a beginner, it might seem like the FX Cipher app is truly educational, but for anyone who knows a thing or two about FX knows that it’s all useless. Learning Forex trading from these fools is like learning calculus from a baboon!
How Does The FX Cipher System Work?
This is one of the biggest telltale signs that the FX Cipher app is a totally fraud. These clowns hype up their system like no tomorrow, telling us that we will be able to rake in countless thousands of dollars every single day with their awesome system. They say that this is true both for the automated and the semi-automated trading mode. Apparently we can become millionaires in under 1 year using this FX Cipher software. Rest assured folks that this is not true in the least.
We want to know what kind of trading strategies and algorithms are involved here. What indicators and analysis tools are being employed to execute potentially successful trades. None of this info is ever revealed to us and that’s a huge problem. If we are to believe that the FX Cipher app can rake in thousands of bucks per day, we want to know how it plans on doing so.
The fact that we are never given a decent explanation as to the inner workings of the FX Cipher system is very suspicious. In all reality, they probably don’t tell us this stuff because there is nothing to tell. This is an empty shell that costs $100 to purchase but never makes trades at all. It’s nothing more than a way for the crooks running the show to pocket a quick $100 from you. It never makes any trades at all!
Who Is In Charge Of The FX Cipher Scam App?
Yet another telltale sign that a scam is afoot here has to do with the fact that we are never told who is running the show. Not once during the website or on the presentation video are we ever given the name of a man or woman at the helm of the FX Cipher app. We are also never told which company is backing this trading system, nor are we given the location of the FX Cipher HQ or any other contact details. We know literally nothing about the people in charge.
This is a huge issue for several reasons. The biggest issue by far is that this is an anonymous app, so once your money goes missing, which it inevitably will, there is no one you will be able to blame for it. The only reason for the criminals behind FX Cipher software to hide in anonymity is because they know what they are doing is totally illegal. They just don’t want to end up in prison for stealing your money, which they will obviously do!
FX Cipher Software – Licensing & Brokers
Related to this problem of the FX Cipher app being anonymous is that of licensing. Providing financial advice and trading signals are both financial activities which require licensing. However, licenses are only granted to real, legit, credible, and trustworthy companies with real people running the show. Since there are seemingly no real people or companies involved here, you can rest assured that FX Cipher software is not licensed to trade in any way. They probably don’t make any trades to begin with, but if the software does trade, it is doing so illegally.
Moreover, this also has to do with the broker. You obviously want a legit broker handling your money, but a legit broker won’t allow itself to be associated with a scam app like this one. A reliable broker needs to be licensed and will only connect with a licensed trading app. Since the FX Cipher app is unlicensed and unregulated, you can bet your bottom dollar that the broker is a scam artist too. In other words, everybody involved here is out to steal your money!
FX Cipher Scam Review – Conclusion
At the end of the day, the bottom line is that FX Cipher software is a total rip off. It has one intention and one sole purpose, which is to rob you blind and steal money right out from under your nose!
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