ProSignalsFX has been identified as a risky opportunity by Intelligence Commissioner users. It is similar to FxHunterWealth. We’ve received over 5 complaints against ProSignalsFX.
In internet trading, the attraction of large earnings can lead to disaster. ProSignalsFX, which is facing allegations of dishonesty, is producing huge losses for traders through poor investment tactics. Claims of high returns are unproven, and allegations of poor customer service, unregulated activities, and deceptive advertisements raise serious questions about the company’s authenticity and ethics.
Get Your Money Back From These Scammers!
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In the tough world of online dealing, the allure of big profits can sometimes turn out to be disastrous. This is especially clear when looking at ProSignalsFX, a website that is getting a lot of attention for allegedly being dishonest. Traders are reporting bigger and bigger losses that they say were caused by the bad investment strategies that ProSignalsFX recommended. This makes people very worried about the company’s legitimacy and morals.
There are big claims made by ProSignalsFX that their premium trade signals have a 76% win rate and can help you make over 1,000 pips a week and 4,000 pips a month. These numbers, which are meant to attract buyers looking to make quick money trading forex and commodities, have not been backed up by user experiences. Instead, members talk about a very different reality with low success rates and high risks, which goes against what the website says about guaranteed results.
The lack of regulation or the presence of poor regulation is a huge red flag. It means ProSignalsFX is a scam and most likely, an illegal operation.
Companies offering investment services or opportunities without having a license can vanish without leaving a trace. Furthermore, the lack of a regulatory license allows them to get away with it and face no legal consequences.
That’s why it’s vital for you to always check a company’s regulation status as well as its license information. The presence of a license allows consumers to reach out to an authority if something goes wrong.
In the case of ProSignalsFX, victims have nowhere to go due to the absence of a watchdog or license.
You should ask yourself the following questions when you come across a new investment firm or opportunity:
- Does the investment provider maintain transparency about its CEO?
- Do they have a license from a renowned regulatory authority?
- If the need arises, can I reach out to an authority to report this company as a scam?
One worrying thing about ProSignalsFX is that users have a hard time and have to wait a long time to get their money back. Unhappy users have complained about a complicated process that makes it harder to get their money back and often causes them to lose all of it.
Another review shows that the company doesn’t seem to care about customer complaints; the user said they were ignored for three months after asking for a return, which makes the problem even worse. This lack of response shows a problem with customer service as a whole and suggests someone is trying to avoid responsibility.
Misleading ads aimed at new users seem to be at the heart of ProSignalsFX’s business plan. The site takes advantage of people who don’t know much about how volatile trading markets are by making it look like making money is easy and that the site is reliable. This dishonest method not only misleads people about the possible financial gains, but it also puts their whole investment at risk without giving them the help or direction that was promised.
The rising number of scam claims and bad reviews about ProSignalsFX should serve as a warning to all traders, but especially to new traders. It shows how important it is to do your study and due diligence on any trading service or platform before putting money into it. Websites that claim huge returns should be taken with a grain of salt, and investments should only be made with reputable companies that are open about their business, have a track record of success, and offer great customer service.
However, it’s worth noting that many scammers disable their payment channels before shutting down their operations.
They might give you multiple reasons including:
- A technical error
- A glitch in their system
- Banking issues
- A “hacking attack”
And many others.
But in 9/10 cases, the scammers stop making payments and keep the money to themselves. Hence, the payment methods we discussed here might not work.
If you want to get your money back from a scammer, you’d need to file a chargeback.
When it comes to scammers, you should only measure the quality of their customer service if they respond to your complaint.
In the beginning, scammers tend to remain very accessible.
This means their representatives will keep calling you until you invest with them. Furthermore, they will act friendly and make it seem as if you’re one of their most valuable consumers.
However, they do all this just to win your trust.
Scammers understand that to convince someone to give them a large sum, they will need to seem like a friend.
Nevertheless, when you have invested a considerable amount of money and need to get it back, their customer support will become inaccessible.
All of a sudden, their numbers would either stop responding or become unavailable.
Still, they might remain accessible to convince you to invest further. Also, they might begin by making a few excuses regarding your payment.
However, in the end, customer support won’t resolve your issues and become increasingly unavailable.
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One Trustpilot user’s experience shows how bad the problem is user was told to send cryptocurrency to pay for services but got nothing in return, and when they asked for a refund, they were ignored.
It’s worth noting that many scammers tend to purchase fake reviews. Buying fake reviews has become extremely easy and it’s a multi-million dollar industry.
Scammers like ProSignalsFX tend to purchase fake reviews for their online profiles to make themselves seem more credible.
TIME Magazine investigated the fake review industry and estimated it to be worth more than $150 million. Certainly, there are a ton of scammers who want to seem legitimate and a bunch of fake reviews is the most effective way to do so.
That’s why you shouldn’t trust ProSignalsFX reviews easily.
It’s easy to identify fake reviews as well. You should look out for 5-star reviews posted by temporary accounts (profiles that only posted 1 or 2 reviews on the platform). Also, you should see if the positive reviews share any detailed information about their experience with the firm or not.
In the case of ProSignalsFX, chances are, you wouldn’t find many legitimate reviews.
Another prominent way scammers like ProSignalsFX enhance their credibility is by burying negative reviews and complaints under a lot of fake reviews.
This way, when you’ll look up “ProSignalsFX reviews”, you might not find many complaints. Or, you might find them buried within numerous reviews praising ProSignalsFX.
You should always look out for consumer complaints. In the case of ProSignalsFX, the most common complaints I found were about:
- Poor customer support
- Delays in payments
- High fees
- Lack of transparency regarding their leadership team
- Aggressive sales staff
Do you have a similar complaint about ProSignalsFX? You can share your complaint in the comment section or submit an anonymous tip.
ProSignalsFX is an unregulated entity. Although they might fall under the jurisdiction of a watchdog, they don’t have the license to offer financial services to consumers.
The lack of a license means they are not answerable to any regulatory authority. As a result, the people behind ProSignalsFX can run away with your money without any prior notice. It would help if you were extremely cautious when dealing with an unregulated service provider.
The absence of a watchdog also means you cannot report to them to anyone.
Also, due to the absence of specific regulations, there is no provision protecting you from the insolvency of this entity. If they go bankrupt, you won’t be able to do anything about it.
Can You Trust ProSignalsFX?
ProSignalsFX shows that there are some bad things that can happen in the world of online trade. Traders need to stay alert and well-informed to do well in this high-stakes setting. The trading community can help protect against scams and make dealing safer for everyone by sharing their experiences and reporting unethical behavior.
All the evidence suggests that ProSignalsFX is a scam. If you have lost money to them, there is still a chance you can get it back.
To recover your funds, you’d need to file a chargeback.