Profit.freshforex.com Review Is Chameleon EA Legit Or A Scam

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Binary Options Broker 2020!
    Best For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-Up Bonus Now:

  • BINOMO
    BINOMO

    Only For Experienced Traders.

Profit.freshforex.com Review: Is Chameleon EA Legit Or A Scam?

Chameleon EA Review: this is the name of an Expert Advisor that is provided by FreshForex. Is profit.freshforex.com a scam or a legit EA?

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

The Forex robot is from a Forex broker and is said to be effective and able to “provide everything what every trader wants”.

It is totally in character for Forex educators to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

How Chameleon Works

We are told on the sales page that this Expert Advisor works on the MetaTrader 5 platform. It is said to be able to make entries based on standard MetaTrader platform indicators like: MACF, RSI, Stochastic, CCI, Moving Average. The trade amount is increased using the Martingale strategy.

On the website, it is mentioned that the software has been tested with the FreshForex broker. It seems that the EA is currently either available for only clients of the Forex broker or free for them.

We have not seen much about the EA and we can conclude that it is new. However, the Forex broker providing it is not new. It is located in the offshore location of St. Vincent and the Grenadines. However, most of its clients are in Russia and Asia.

Although it has no license that traders can trust it has some sort of popularity in the two locations mentioned above. However, traders have been told countless times to be wary of this kind of brokers. Offshore locations are popular for harboring scammers because of their lax laws.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Binary Options Broker 2020!
    Best For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-Up Bonus Now:

  • BINOMO
    BINOMO

    Only For Experienced Traders.

Traders are advised to always consider licensed brokers because authorities monitor their activities. Misappropriated funds can be recovered with ease.

Pricing Structure of Chameleon EA

The Chameleon EA from FreshForex is said to be free now. We find a $500 price slash on the page and we are not sure what the statement, “We give an effective Forex Expert Advisor to all our clients”, mean.

Clients Feedback on Chameleon EA

As at when this review was compiled, there is no clients’ feedback on this EA. However, the Forex broker providing it has been suspected by FPA in the past of “fake and highly” suspicious reviews.

Support

Much information is lacking regarding Chameleon EA and we are not surprised that contact details are left out. Even the FreshForex broker does not give a means of contact on the page.

Conclusion

We do not encourage traders to try out this EA yet. It looks like Chameleon Expert Advisor is not legit and the vendors would have to improve the presentation to change this opinion.

Earn2trade.com Review: Is Earn2Trade Legit Or Scam?

Earn2Trade Review: this is the name of a Forex education institute that helps train traders. Is earn2trade.com a scam or legit?

This outfit offers online trading education to traders of differing degrees of experience to help improve profit. It is totally in character for Forex educators to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

We found that the institute is run by Ryan Masten and David Lojko. No address is provided but it claims to be based in US. Students are said to be matched with “proprietary trading firms” if they are successful.

Other things offered by this website are listed below:

Educational Videos
Webinars
Quizzes & Assignments

How Earn2trade Works

Since this is a Forex trading institute, it is designed to help traders learn how to improve their strategies. Also to help them make consistent profits. These educators believe that with their help, traders can become professionals.

Like EA Forex Academy we reviewed in the past, this institute also has a 4-member team. One is the main teacher, two are day-traders and the other is a developer. Three packages are offered to clients: Classic, Basic and Gauntlet. The Gauntlet plans are explained below.

The Gauntlet is like an opportunity for experienced traders to earn more. How The Gauntlet works is that a $25,000 SIM account would be created and the traders are given 60 days to trade with it. After this period, they are to submit their results which would be passed to a propriety trading firm.

In effect, if the firm is satisfied with the trading history and strategies used, the trader would be recruited. Thus, the firm will supply them with real funds while they trade with it keeping 80% of the profit as well.

The Gauntlet Mini is almost like the one explained above. But this takes only 15 days during which the trader must play by the rules which includes: not going lower than the daily loss, not exceeding a maximum position size, not going below the trailing max DD, only trading at approved times, and following the progression ladder.

Earn2Trade Pricing Structure

Classic Plan – $299/month
Live Plan – $699/month
Gauntlet Plan – $349/2 months

Clients Feedback on Earn2Trade

We do not find much by way of feedbacks from clients. Although this is still a new development and we will be looking at how traders fair with this trading education academy.

Support

To reach the customer care agent or the educators, clients are to call: +1-888-502-2260 or email: [email protected]

Conclusion

We find the institute transparent and the ideas are innovative as well. That clients will get funds from Earn2trade is good and even better as there are tools provided. However, the prices are high and may not be affordable for many.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    Top Binary Options Broker 2020!
    Best For Beginners!
    Free Trading Education!
    Free Demo Account!
    Get Your Sign-Up Bonus Now:

  • BINOMO
    BINOMO

    Only For Experienced Traders.

Like this post? Please share to your friends:
Binary Options Theory and Practice
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: