Concept FX

Scanjet

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Anyone use it?

<<< Appears to be spam for an fx company ... given its a first post>>>
 
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Anyone use it?

XXXXXXXXXXX'd sorry fxscalper :)

You made a big mistake mate. That is so obviously a scam and as such, you are more likely to not get suckers by posting here. One has to be extremely uninformed to believe anything on that site. You would therefore be well advised to keep this away from the eyes of those of us who know a scam a mile off.

the site says:

The way we trade attracts no tax*, so all your gains are pure profit!

when someone advertises spread betting as 'the way we trade', you know they are full of sh!t.
 
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I thought about that, nine, but thought it would be a good idea to tell people it is a scam. But I definitely see what you are saying.
Anyone use it?

XXXXXXXXXXX'd sorry fxscalper :)

You made a big mistake mate. That is so obviously a scam and as such, you are more likely to not get suckers by posting here. One has to be extremely uninformed to believe anything on that site. You would therefore be well advised to keep this away from the eyes of those of us who know a scam a mile off.

the site says:

The way we trade attracts no tax*, so all your gains are pure profit!

when someone advertises spread betting as 'the way we trade', you know they are full of sh!t.
 
I simply asked what to me seemed a sensible question. Having received an email from the company I looked at their website and you can see all their results listed, so they claim. I was simply questioning whether anyone here had used the software and if their results match the website.
Are you all paranoid?
 
Scanjet,

I see maybe 6 posts a day that look very similar to that post - and thats just in my timezone (asia, early europe). A first time poster. First post is some sort of invitation to click a link. If you had done it twice I would have instantly banned you - this keeps our forum free of spammers, something you will grow to enjoy should you become a regular here.

As a matter of principle we also recommend that people stay 100 miles away from such sites. You won't learn to trade that way - you will just waste money. So, if you are genuine, as you appear to be given that you didn't simply disappear when challenged then the recommendation is: stay away from them and learn to trade for yourself.

As they say in the cia, just because you're paranoid doesn't mean that someone isn't following you.
 
I simply asked what to me seemed a sensible question. Having received an email from the company I looked at their website and you can see all their results listed, so they claim. I was simply questioning whether anyone here had used the software and if their results match the website.
Are you all paranoid?

No we are experienced and know what trading FX is about. That website is an obvious scam.
 
No we are experienced and know what trading FX is about. That website is an obvious scam.

I can see your point, and I know that on other forums I'm a member of that new members get jumped on if they appear to be advertising, but just because it is an obvious scam to the veteran members of this forum doesn't mean it should be as obvious to the less experienced among us.

But thanks for the warning, I won't bother visiting the site!
 
Au contraire!

I can see your point, and I know that on other forums I'm a member of that new members get jumped on if they appear to be advertising, but just because it is an obvious scam to the veteran members of this forum doesn't mean it should be as obvious to the less experienced among us.

But thanks for the warning, I won't bother visiting the site!

I would say visit the site. Read it. Learn the key phrases that scammers use. Learn the sort of psychology of the people you are up against in the markets: the ones *ahem* whose account equity will end up yours.

Just leave your chequebook behind :cool:
 
I would say visit the site. Read it. Learn the key phrases that scammers use. Learn the sort of psychology of the people you are up against in the markets: the ones *ahem* whose account equity will end up yours.

Just leave your chequebook behind :cool:


Good idea.

Key scam phrases on the site:

Just an easy-to-use system that does all the hard work for you.

well, need I say more?

The FX market dictates that we can make money in rising and falling markets

dectates:cheesy:

The way we trade attracts no tax*, so all your gains are pure profit!

the wonder od Spread Betting:cheesy:

Entry levels, stop loss levels to reduce you risk, and most importantly profit targets!

profits, see!!

Too funny
 
I had a look at their website and thought I'd give them a call using the number displayed........defo scammers!!! Number coming up as not recognised. Stay away all!!!
 
I had a look at their website and thought I'd give them a call using the number displayed........defo scammers!!! Number coming up as not recognised. Stay away all!!!

I looked at the website as well and gave them a call, because it didn't say what the price was. The number wasn't fake but the price was rediculously high at £4995. Do you think that at a price like that it can be a scam? They also have a yearly membership fee you have to pay. So what I'm saying is that if it doesn't work why would they charge such a high price with an anual fee? It doesn't make any sense.
 
Hi all,

I registered on this site because I too received an email from the company. Although expensive, It did look attractive, but also too good to be true.

I sent of for an info pack which looks very well presented.

To be honest I have been mulling over spread betting or stock trading of sorts for a few years but have been hesitant. Now that im registered here I will do some more research.

I am glad i read this thread though.
 
I signed up here because of this topic too. I received an email about concept-fx from BullBearings. I wouldn't have had them down for advertising scammers although the site looked like a typical scam.
 
im new to this , concept mailed me through the company i did a course with, it sounds great but not so great after reading this cheers
 
Has anyone actually signed up to Concept FX? Would be good to hear how true the results posted on the website are.

The company itself is called Tradewin and has been going for a few years. Tradewin sells a similar system to Concept FX with similar fees, but for Equities rather than FX.

As macropolomalta has already mentioned the info pack they send through is of a professional standard. And the results seem to be updated on a regular basis.
However other things are a little worrying. Such as no moneyback, no company info on correspondence (which you have to have by law I believe), offices that are rented with a "2 week" notice period. Also if it is as good as they say it should be selling like hot cakes. Its seems a little strange that after many hours of surfing I have not found anything at all where someone is actually using it (whether it works or not).

Any legitimate user comments would be very useful indeed!
 
atlthogh 50 grand a year for doing nothing sounds good, "2 weeks notice" sounds really really bad
 
Concept FX FX Trading Software

Hi guys

I wonder if anybody has used or knows someone who has used concept FX software for trading. I would apprecaite it if anybody can recomend a good platform to trade if the above is a turkey.

Rifraf
 
Yes, I'm using it a the moment. I was initially extremely sceptical, as I am of any supposedly automated system, but so far my trades have duplicated the performance of the historical trades on their website fairly accurately. You get periods of losing 3-4 trades consecutively, and only about 50% are successful overall, but so far at any rate (I have been using it for about 2 months) the net results are positive.

The downside is that the program is expensive and you have to pay a yearly subscription thereafter. I will run it for a year to see if it does what they claim it will do, and then decide whether or not to continue. If you like experimenting and have some money to spare (or maybe lose) then it may be worth giving it a try.

It's a 'black box' system so one knows nothing about how it works or to what extent the trades are deicded mechanically or by members of the company who market it.

UK FX trader
Hi guys

I wonder if anybody has used or knows someone who has used concept FX software for trading. I would apprecaite it if anybody can recomend a good platform to trade if the above is a turkey.

Rifraf
 
Yes, I'm using it a the moment. I was initially extremely sceptical, as I am of any supposedly automated system, but so far my trades have duplicated the performance of the historical trades on their website fairly accurately. You get periods of losing 3-4 trades consecutively, and only about 50% are successful overall, but so far at any rate (I have been using it for about 2 months) the net results are positive.

The downside is that the program is expensive and you have to pay a yearly subscription thereafter. I will run it for a year to see if it does what they claim it will do, and then decide whether or not to continue. If you like experimenting and have some money to spare (or maybe lose) then it may be worth giving it a try.

It's a 'black box' system so one knows nothing about how it works or to what extent the trades are deicded mechanically or by members of the company who market it.

UK FX trader

I received an email ad for this today, via Traders' mag. Usual claims - any T2W veterans with experience of it? Sounds like a genuine post above. I'll be interested to see a sequel post in a few months' time!
It always seems to me that if I had a genuinely effective system, I wouldn't bother selling it, I'd just use it...
 
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