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.
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
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.
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.
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