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How much trust do people have in forexcracked.com?

0.0

Total 0 reviews

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Reliable
0
Trustworthy
0
Neutral
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Suspicious
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Untrustworthy
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forexcracked.com

Why is the trust score of forexcracked.com very low?

https://forexcracked.com redirected to https//www.forexcracked.com during the time we crawled it. The website forexcracked.com appears to be a scam. Here are the reasons:

1. Unrealistic Win Rates: The claim of a 93% win rate for the Cryo Scalper Indicator is highly unrealistic in the forex market. Such high win rates are not achievable consistently.
2. Free Downloads of Advanced Trading Systems: Offering advanced trading systems for free, such as the Advanced Automated Forex Robot V7 and XAUUSD Trading Robot, is a common tactic used by scam websites to lure in unsuspecting users.
3. Lack of Credible Information: The website lacks credible information about the individuals or team behind the platform, which is a red flag in the forex industry.
4. High-Risk Trading Strategies: Promoting high-risk trading strategies, like the RSI Strength Binary Options Strategy, without proper risk disclaimers is irresponsible and can lead to significant financial losses for users.
5. Overemphasis on Free Downloads: The website heavily emphasizes free downloads of various trading tools and indicators, which is not a common practice in the legitimate forex industry.
6. Lack of Transparency: There is a lack of transparency regarding the sources of revenue for the website. Legitimate forex platforms often have clear business models, such as through brokerage services or premium subscriptions.
7. Unsubstantiated Claims: The website makes several unsubstantiated claims, such as the effectiveness of the Salamander Gold Forex Robot and the AlgoScalpPro Scalping Recovery EA, without providing verifiable evidence.
8. High Pressure to Join VIP Groups: The website promotes joining VIP groups for access to exclusive content, which can be a tactic to pressure users into making financial commitments without adequate information.
9. Lack of Regulatory Compliance: There is no mention of regulatory compliance or oversight by reputable financial authorities, which is a standard requirement for legitimate forex platforms.
10. Risk Warning Disclaimers: While the website includes a risk warning disclaimer, it may not be sufficient to offset the potential harm caused by promoting high-risk and unrealistic trading strategies.

It's important to exercise caution and conduct thorough research before engaging with any forex trading platform, especially those that make extravagant claims or offer high-value products for free."

the reasons behind this review :
Unrealistic Win Rates, Free Downloads of Advanced Trading Systems, Lack of Credible Information, High-Risk Trading Strategies, Overemphasis on Free Downloads, Lack of Transparency, Unsubstantiated Claims, High Pressure to Join VIP Groups, Lack of Regulatory Compliance, Risk Warning Disclaimers
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Domain Age is quite old

  Archive Age is quite old

  Domain ranks within the top 1M on the Tranco list

  Low review rate by AI

  Whois data is hidden