Mr. Simon Reed introduces to the online trading industry a brave new system – the so-called FXSniper. According to the official website, the FXSniper is a Forex trading robot that can assist all of the processes needed in order to trade on the Forex markets.
This is one alternative to the forex method of placing online investments, in this case – trading with Forex instruments. But is this really a Forex software or just another forex trading scam? My detailed review on the FXSniper made some curious discoveries and I suggest you read further to learn more and spare yourself the problems you might have with this system.
Simon Reed & FXSniper – Scam or Not?
Mr. Simon Reed claims about himself that he used to trade on the stocks market before discovering the profitability of Forex trading. When he changed the field, in which he supposedly has a decade of solid and profitable experience, Mr. Reed discovered a secret loophole to exploit. This loophole has been developed into the FXSniper software. The system now is said to run a complex combination of mathematical equations that find the best of trades.
Review Verdict: FXSniper Is Scam
As we all know, scam systems always rely on such far-fetched stories about exploiting secret loopholes in the market to attract clients. This is exactly the case with the FX Sniper. First of all, loopholes are illegal to exploit. Second, there is no social presence of Mr. Simon Reed anywhere on the Web. My intuition, as an investigator, shows me that the FXSniper is scam. I advise you to avoid it. Especially when you consider the fact that there is no logical explanation how the Forex trading software runs and profits.
Why Is FX Sniper a Scam?
I should point out that despite being unreliable, FXSniper does not come with huge profitability promises. On the contrary, you are expected to generate around $300 per day, according to the statements made in the promotional video. Still, what seemed fishy was the fact that the demonstration that was made in the video made two consecutive winning trades for significant sums. Those are fabricated. The results cannot be confirmed and there is no legitimate or authentic proof that the FXSniper.
In reality, all the testimonials given on the website are faked with stock photos. Additionally, they geotarget your IP and display the same thing as if it has happened in your region. This is a simple scam trick, utilized by the creators of the FXSniper scam.
Join a system with a stable background and an advantageous method of operation. One such system is the HBSwiss forex robot software.
Scammers use various and different tactics to attract traders as clients of their fraudulent trading robots. FXSniper makes no exception – it is a scam is not proven to work. It comes off as a Forex trading robot but in reality is a poorly masked forex online trader. There is sufficient evidence that supports the thesis that FXSniper is a scam. It does not connect with reliable brokers and has no trading-enhancing features that can be beneficial for your investments. Choose a tested and working robot instead.
Review Verdict: FXSniper 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.