cheaperforex.com Reviews
is cheaperforex.com legitimate or a scam?
Why is the trust score of cheaperforex.com very low?
The website cheaperforex.com raises several red flags that are commonly associated with scam or fraudulent activities:
Unrealistic Promises: The website claims that users can save up to 99% on the latest forex robots, expert advisors, and indicators. Such a high discount rate is highly unusual and could be a tactic to lure unsuspecting individuals.
High-Pressure Sales Tactics: The website uses phrases like ‘become profitable with powerful automated trading’ and ‘with correct risk, we provide you with the tools to consistently profit from the forex market.’ These statements create a sense of urgency and pressure to make a purchase, which is a common tactic in scams.
Excessive Product Offerings: The website lists an extensive range of forex trading products, each with a significant price reduction. This abundance of products, especially with such high discounts, can be a strategy to overwhelm users and push them into making impulsive purchases.
Unrealistic Pricing: The original and current prices of the products are significantly different, with the current prices being much lower. This pricing strategy can create a false sense of value and urgency to buy, which is often seen in deceptive marketing.
Lack of Detailed Information: The website provides limited information about the company, its background, and the people behind it. Legitimate businesses usually offer transparency and detailed information to build trust with their customers.
No Verifiable Customer Reviews: While the website mentions that thousands of forex traders trust them, there are no verifiable customer reviews or testimonials. Legitimate businesses often showcase genuine customer feedback to build credibility.
Suspiciously High Prices for Forex Trading Software: Some of the listed prices for the forex trading software are extremely high, such as $29,999.00 for a single product. Such exorbitant prices are uncommon in the legitimate forex trading software market.
Lack of Regulatory Information: The website does not provide any information about regulatory compliance or oversight, which is crucial in the financial services industry, especially in forex trading.
Overall, the combination of these factors raises significant concerns about the legitimacy and trustworthiness of cheaperforex.com. It is advisable to exercise extreme caution and conduct thorough research before engaging with this website or making any financial transactions.”
the reasons behind this review :
Unrealistic Promises, High-Pressure Sales Tactics, Excessive Product Offerings, Unrealistic Pricing, Lack of Detailed Information, No Verifiable Customer Reviews, Suspiciously High Prices for Forex Trading Software, Lack of Regulatory Information
| Positive Points | Negative Points |
|---|---|
Website content is accessible No spelling or grammatical errors in site content Archive Age is quite old | Low review rate by AI Domain is new Whois data is hidden |
How much trust do people have in cheaperforex.com?
Domain age :
1 years and 12 months
WHOIS Data Status :
Hidden
Title :
CheaperForex.com | Forex Robots Expert Advisors
Description :
At CheaperForex, you can save up to 99% on the latest forex robots expert advisors and indicators. Become profitable with powerful automated trading.
Website Rank :
N/A
Age of Archive :
6 year(s) 6 month(s) 23 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Google Trust Services
WHOIS registration date :
2023/03/01
WHOIS last update date :
2025/02/22
WHOIS Renewal Date :
2025/03/01
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
978a030b80374479b4862368bc41e909.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
978a030b80374479b4862368bc41e909.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
978a030b80374479b4862368bc41e909.protect@withheldforprivacy.com
IP : 172.66.43.13
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 172.66.40.243
ISP : AS13335 Cloudflare, Inc.
Country : US
Name :
NAMECHEAP INC
IANA ID :
1068
Registrar Website :
http://www.namecheap.com
Phone :
+1.9854014545
Email :
abuse@namecheap.com
Target : grant.ns.cloudflare.com
IP : 172.64.35.130
ISP : AS13335 Cloudflare, Inc.
Country : US
Target : eve.ns.cloudflare.com
IP : 172.64.34.204
ISP : AS13335 Cloudflare, Inc.
Country : US
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This website was last scanned on February 23, 2025
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