The Forex trading industry is overpopulated with technical analysis software and trading systems. One of the latest tools that has entered the markets with claims of high accuracy and exceptional performance is the Fibo Quantum app by Karl Dittmann.
Fibo Quantum is a trading indicator, which is similar to an expert advisor. The software produces trading signals and lets traders know when it is the right time to place trades and close positions.
The tool was released almost one month ago and although it looks convincing on the surface, I don’t really think it is a legitimate solution for investing in Forex.
I performed an in-depth scam investigation into Fibo Quantum and after analyzing the software thoroughly, I am of the opinion that it is an unsafe and unreliable signals provider. I have shared my concerns in this review and you can continue reading to learn why I don’t recommend it at all.
What Is Fibo Quantum?
Developed by Karl Dittmann, Fibo Quantum produces trading signals. It sends alerts to traders via SMS and email and lets them know when they should open a position and when they should close it to generate returns. It is said that the trading indicator works with all major currency pairs and produces high-quality signals for its users. Currently, it is available at a cost of $147.
One thing that caught my attention at the time of reviewing was that Karl is behind the creation of many similar trading and charting solutions. His products are usually marketed through ClickBank and come with a 30-days money back guarantee.
Review Verdict: Fibo Quantum Is Scam
But, none of the trading tools he has created so far has managed to help traders attain financial freedom or become successful in Forex trading. Even Fibo Quantum is not a viable option because it lacks innovative features and it doesn’t have the characteristics that can enable it to generate reliable signals.
I have also gone through reviews online and so far, no one has had a satisfactory experience with using this tool. Fibo Quantum doesn’t have the potential to help traders achieve success in Forex trading.
If you are interested in Forex trading and you need a user-friendly authentic investment solution, I would recommend considering the assisted-trading QProfit System that has established itself as one of the top Forex robots operating on the market.
Fibo Quantum: The Operational Process
If you sign up for this trading indicator, you will have to download the application and incorporate it into your trading account. The software will then begin producing signals and send alerts directly to you via SMS or email. As soon as you receive an alert, you will know what action you have to take. The alert will guide you about when you should open and when you should close the trade.
There is no explanation provided on how this software works on their official website. In fact, the people who are behind the creation of this system have gone into very vague claims about its working mechanism, algorithms and the technology that has been implemented into the system. When you sign up, you realize that you had no idea what you were getting yourself into.
Although it is said that Fibo Quantum is based on Fibonacci technology and employs state-of-the-art algorithms, it doesn’t deliver positive results. The software doesn’t have a high accuracy rate and the signals it generates cannot be relied on. The alerts it sends aren’t of any good either. If you place trades based on the alerts you receive, you will end up wasting your investment capital.
Their modus operandi is to pretend that their software generates signals, but in reality, they collect free signals from other places on the Internet and send it to their indicator. Since they are free signals, they are highly unreliable. They ask for a subscription fee of $147 and even though they offer a money back guarantee, they don’t process refunds when requested. This is how these people fill their pockets and leave innocent traders with a bad trading indicator.
If you thought Karl Dittmann was a real person, then you are wrong. The name is fake and the photos of him that can be seen on their website are also not real. The scammers behind this product and all similar products have been using a fake name attached to someone else’s pictures to promote fraudulent systems. All of the systems are generally copies of each other and they are marketed under the disguise of Dittmann.
Fibo Quantum: Scam Investigation
There is nothing genuine about Karl Dittmann’s Fibo Quantum indicator. It is a bogus solution which doesn’t serve any purpose when used in Forex trading and is far from user-friendly.
Traders will be wasting their hard earned funds by trusting this system. I have already highlighted some of the main points which prove that Fibo Quantum is not a legit software. Karl is a fake entity and this name is behind the creation of many fraudulent trading apps and indicators. In fact, they are all duplicates of each other which are sold under different names.
The statements shown on their website aren’t real. This indicator picks wrong trading signals and will make you lose your funds. You simply cannot trust someone who is hiding behind a fake identity.
Fibo Quantum is not safe because it lacks transparency and accountability. The person who is behind its creation has a shady reputation. Previous success rates have not been demonstrated anywhere on their website. Some people also say that they did not get a refund after the indicator failed to deliver accurate signals.
I can confirm that Fibo Quantum is a scan and not a genuine trading indicator. Their page is packed with lies and deceit and since they are using fabricated results instead of actual results, it is not at all possible to trust them.
The actual performance of the tool cannot be gauged with the information that is present on their website. There are plenty of reliable and safe options available which you can use to enhance your trading results. Therefore, I don’t urge anyone to use Fibo Quantum or any other system developed in the same series by Karl Dittmann.
Review Verdict: Fibo Quantum Is Scam
Hello, I am Collin Tyusm. I am a Forex blogger. I have created my blog, because I want to help people learn more about Forex & CFD Trading Software and Bots.