Sun. Apr 28th, 2024

Forex Trendy.
With so many different binary options trading software systems available online, how does one know which ones are legitimate trading platform are which ones are just scams? There seem to be more and more trading websites popping up every week. It can be quite overwhelming.
There are ways to tell the cons from the real deal. You just need to know some of the red flags. Lucky for you, we have taken the time to review every new trading system that emerges so we can keep our readers informed and help them make a wider choice when it comes to choosing a trading system.
Forex Trendy is one of the newer trading systems on the market that promises huge returns for its traders. But does do they meet their promises or are they just trying to take our money and run? Read our Forex Trendy review to find out.
Basic information:
Cost: Free Software: 100% Automated Max Returns: Up to 86% Minimum Deposit: $250 Countries: All nations.
– Scans up to 34 forex pairs – Fully automated – 24/7 customer service.
– Does not produce the results promised on their website – Customer Service is slow to reply – $37 quarterly fee – Mixed reviews from traders who have used this trading software.
7BO Verdict:
Not Reliable Service.
What is Forex Trendy?
Basically, Forex trendy is an automated trading system that analyzes FOREX market trends and will initiate trades on your behalf based on their analysis and projections. Apparently, the system is so advanced that it can scan as many as 34 currency pairs per minute and boasts of a 90% success rate.
While at least they don’t have a lot of flashy gimmicks like some systems and promise millions of dollars upfront, we are still not 100% convinced that Forex Trendy is, in fact, a safe trading system. It has some proven results, but nothing near the 90% it claims. We advise that if you wish to utilize Forex Trendy automated trading software, that you proceed with utmost caution. A binary option trading always involves an element of risk and no system can successfully predict every trade. Some of the better systems average around 85% but anything higher is just not attainable.
Screenshot.
How does it work?
To sign up with Forex Trendy you need to first register with one of their brokers. There is a charge of $37 every 3 months to utilize the software, in addition to your initial deposit. Once you have registered and made your deposit, you can choose the settings and the system will then analyzes Forex pairs and place trades for you. When you start to see a profit, you can then withdraw your money.
Final Conclusion: Is Forex Trendy a Scam?
While the system has had some success, Forex Trendy is not quite all it claims to be . There have been some reported winnings, but nothing near the results that they mention on their promo page. While you can earn a little with this system, there are a lot of other more accurate and profitable systems available online. We need to see more results before we can recommend Forex Trendy as a reliable and safe trading system.
Recommended Brokers:
Related content:
2 comments.
And I just wanted to sign up with them… Thanks for warning me about this scam!
I would go to Option Robot or Automated Trading instead. You will find full reviews in the robot page.
Leave a Reply Cancel reply.
Recommended Trading Platform.
Average return in our test: 92% Price: free Compatible brokers: 5 Accepts US customers 7BO Award 2019 winner – Best Robot.
Best Robots and Signal Services.
Education.
Guide for Binary Options Trading Binary Options Trading Strategies Educational Articles How to Trade EUR/USD How to Trade GBP/USD How to Trade AUD/USD How to Trade NZD/USD.
Newsletter.
Recommended Trading platform.
Average return in our test: 92% Price: free Compatible brokers: 5 Accepts US customers 7BO Award 2019 winner – Best Robot.
About Us & Disclaimer.
Disclaimer: 7Brokers.com will not be held liable for any loss or damage resulting from reliance on the information contained within this website. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author. 7Brokers.com is only a website offering information – not a regulated broker or investment adviser, and none of the information is intended to guarantee future results.
Binary option trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.
In accordance with FTC guidelines, 7Brokers.com has financial relationships with some of the products and services mentioned on this website, and 7Brokers.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them.
By using this website you agree with the limitations and exclusions of liability set out in this disclaimer and the separate disclaimer page. If you do not agree with them, you must not use this website.