Watch out

'Fast Scalping Expert Advisor: Scam Alert

 
Jan 15 2014 11:44:17 GMT
By Maria Nikolova

 Fellow traders, we often receive feedback about trading strategies, Forex signals and expert advisors (EAs) we've reviewed – thank you very much for your shared thoughts and views! However, sometimes the experience with these trading systems is not positive and people lose actual cash. In this article we quote an e-mail from one of our readers – presenting himself as Arthur, who warns about one of the Forex robots we've reviewed: the Fast Scalping EA.

Here is the e-mail:

 “I have a negative experience with this EA. I purchased it in December 2013 and never had a day of profits. 99,9% of the deals were unprofitable. The seller promises profitability on any broker and any account type, promises to code 3 copies of EAs in case you don't like how it works on one account you can have a copy for another account. He advertises heavily his EA by showing thousand % of monthly profits on demo and live accounts. But in reality you end up either with a different EA that produces only losses or he deliberately sells the EA with wrong settings. Never replies on any of your emails.

 Here I have to mention that he promises money back guarantee, but he refused me. When I made a claim to Paypal he had a reply ready that he sold an intangible good which has no warranty and refund cannot be claimed. He uses this pitfall in the system to deceive people. My verdict is that he is nothing but scam. His name is Jagannath Behera aka jbehera222 aka ajay999. Stay away from him, stay away from his products Fast Scalping and other name RFX Scalper or Atom Fx Scalper. He is scam and criminal and he deserves to be in jail.

I hope you delete the review from your site and mark it as a SCAM. If necessary, I can provide any evidence of the transaction (invoice from Paypal and correspondence by mail).”

We'd like to thank Arthur for the e-mail and to encourage the rest of you to write about your own trading experience. In case you'd like your opinions to be published, please, provide arguments and try to stay away from insults.'