247SmartFX Review Is 247SmartFX.com A Scam Or Legit

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247SmartFX Broker Review

247SmartFX is a relatively new broker on the market that recently showed up, claiming to be the best way to make money and the best crypto broker. We take such claims pretty seriously, so naturally, we decided to do a 247SmartFX review in order to put these claims to the test.

247SmartFX is an online broker that offers a bonus up to 30%, 1:200 leverage, has no fees on deposits and has a 1.6 EURUSD spread. Sounds familiar? Well, it should, as this sounds exactly the same as TQRtrade broker that we reviewed a few days ago. Are those two connected or is one broker copying another? Read our 247SmartFX review to find out!

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

Between 74-89 % of retail investor accounts lose money when trading CFDs

247SmartFX Special features

247SmartFX is a broker that offers Standard, Classic, Premium and Gold Account, just like TQRtrade. We believe how this is basically the same broker, as account descriptions are no different.

The Standard account requires a $250 deposit. Traders don’t get anything, but access to the online trading interface. Also, they don’t get live chat customer support but have to use email and phone to reach the broker.

The Classic account costs $2,500 in deposit and offers you a live chat feature and access to all features available on the trading platform. For this price tag, we were expecting a bit more.

The Premium account is available only after you deposit $20,000. You get benefits of the Classic account, as well as SMS signals, VIP manager, and a direct phone line.

The Gold account is the priciest – it costs $50,000 and unlocks all features, as well as offers special promotions and personal reports.

Basically, the more you spend the more features, tools and services you will get. We have nothing against this approach, but it is somewhat unusual that the broker doesn’t offer something as basic as live chat to all traders.

247SmartFX Demo Account

247SmartFX doesn’t offer a demo account. This means that after you register and make a deposit, you have to start trading with real money without having the opportunity to learn about the platform first. This usually means that your trading will definitely be a lot riskier, as a demo account allows traders to get familiar with the platform and learn how to use it to avoid rookie mistakes. Adding a demo account would mean a great deal to all traders interested in this broker, who wish to see the platform before they place the first trade.

Try trading with an award-winning broker like IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

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247SmartFX Trading software

247SmartFX doesn’t deliver a lot of information regarding its software. We are all aware that trading software is one of the most important elements of trading with a broker. That is where the trades are placed and where traders can check out their past trades, decide on their future trades, maybe even receive signals and alerts. However, in this case, traders are kept in the dark.

The only thing this broker says is that there is web-based platform and Windows based platform. However, there isn’t any information on any of them, which we find rather confusing. We can conclude that there is a web-trading interface that requires no downloads, and another platform, that needs to be downloaded and installed. These are our assumptions as we couldn’t find a way to really see the trading platform, and not to mention test it.

247SmartFX Mobile App

In 247SmartFX mobile app, we managed to find out how the mobile trading app is actually a Metatrader 4 app. It is available for Android and iOS devices. Metatrader 4 is a very popular platform among traders, beginners, and professionals alike. However, it remains a mystery whether the Windows-based platform the broker is mentioning is also an MT4 platform.

We always appreciate a good mobile app as it supports simple and straightforward trading on the go. For example, you only have to log in once, and your trades will be accessible with just a few clicks. Also, mobile apps are safer than trading from the mobile browser. This type of trading enables you to always have all your trades in the palm of your hand and to react in the exact moment when needed. With a mobile app, you don’t have to worry whether you are at home or at the beach – all you have to do is bring your phone and you won’t skip a day of trading.

If you want to trade with an award-winning licensed broker, we recommended using IQ Option

Between 74-89 % of retail investor accounts lose money when trading CFDs

247SmartFX Support information

247SmartFX has very unusual customer support for a broker that claims to be the best. Traders who deposit a bare minimum (or anything under $2,500) don’t get access to live chat support. Also, if you are only interested in their product and want to ask a simple question, you won’t be able to do that via live chat either. Considering how live chat is a form of customer support that can be found on all types of websites from clothing stores to public services, it doesn’t make sense that this broker decided to limit it.

However, you can still use the phone number (+44 208 089 3931) that is not free and will cost money or send an email ([email protected]) which will cost time. There is also a Skype profile you can talk to – 247smartfx.com.

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Between 74-89 % of retail investor accounts lose money when trading CFDs

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With IQ Option, you will be trading with an award-winning broker recognised and praised by industry experts. Get your IQ Option account today!

Between 74-89 % of retail investor accounts lose money when trading CFDs

247SmartFX Payment Methods

Making a deposit and requesting a withdrawal are a very important processes in online trading. However, this broker doesn’t state any information regarding deposit and withdrawal methods or limits. The only thing we found out in 247SmartFX review is that there is a $250 minimum deposit.

Bonus Policy

As we previously mentioned, this broker offers a 30% deposit bonus. Before making a withdrawal, traders must trade 3.3 lots for each $10 they accept as a part of a bonus. Each lot is 100,000 currency units. In case you make a profit, but don’t fulfill bonus terms, you won’t be able to withdraw any of them. We must admit that the bonus trading volumes required are pretty high and demanding.

Is 247SmartFX a scam?

We don’t have enough evidence to say that this broker is 100% scam. However, we believe there are better brokers available on the market today. When in search of a broker, always give advantage to regulated and transparent brokers that have good trading conditions and free demo. For this reason, we suggest you take a look at IQ option and open a free demo account!

Conclusion:

We make it our mission to not recommend anything but the best – which, according to industry experts, is IQ Option, the top regulated broker for your country with a minimum deposit of ONLY $10!

  • FREE $10,000 demo account
  • Award-winning trading platform
  • Licensed and regulated broker
Between 74-89 % of retail investor accounts lose money when trading CFDs

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247SmartFX Review: Is 247SmartFX.com A Scam Or Legit?

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PIE 247 Review – Legit Business or Major Scam?

You are on this blog post because someone probably approached you about a new business opportunity called PIE 24/7 and you want to make sure it’s actually legit. I want to congratulate you for doing your diligence because so many people jump into opportunities without doing any research!

That is why so many people fail…

In this Pie 247 review, I am going to reveal to you the truth about this new MLM company and go into detail about the history, product line and compensation plan…

I will also reveal to you what the big problems are with PIE 247 so PAY attention and read this all the way through to avoid making the wrong decision.

Let’s dive into the company details…

PIE 247 Review – The Company

PIE, which stands for “Personal Independent Earnings”, is the brain child of David T. Rosen who launched the company in 2020.

They claim they are the “FIRST totally complete Entrepreneurial Business Academy”.

David T. Rosen is very under cover when it comes to his past history, but I have discovered that he created a similar company before in 2002 where he is still making commissions from. In fact, he has made over $700 million in that first company.

Only issue with the first company is the products provided no value and it just looked like a big ponzi scheme…

If it’s still going today, that means it is probably legit in the government’s eyes.

There isn’t a physical address that PIE 24/7 has revealed as of now, but after doing some digging, I found out it’s based in Toronto, Ontario, Canada.

There are some uncertainties about the history of David T. Rosen, but the fact his first company has been going for 12 years now is good enough sign that PIE247 could be here for the long haul…

Let’s check out the products next…

PIE 24/7 Reviews – The Product Line

PIE 24/7 has a ton of tools to help you market any business online.

Right now, they have two memberships:

1) Retail – $20 Per Month

2) Entrepreneur – $25 per Month

Both Memberships have the following:

  • PIE Website Builder (Drag and drop style)
  • Lead Capture pages
  • Email marketing auto-responder
  • Link rotator
  • Text optimizer
  • App
  • Domain Registration service

Available with the Entrepreneur Membership only:

  • Messaging Service (phone)
  • Marketing Tools
  • Live Webinars and recorded mentoring sessions
  • Guest Speakers

Overall, I did check out the products and they do work. There is a major flaw with them which I will reveal later on…

Let’s take a look at their compensation plan next…

The PIE 247 Compensation Plan Review

Like any Network Marketing company out there, you get paid a commission if you sponsor someone into the business…

Instead of me trying to explain their compensation plan, check out their video…

NOTE: I do not endorse anything in the video and it’s for educational purposes only.

Overall, the compensation plan looks pretty good. There is a lot of potential in it once you get a ton of people signing up. There are a few big problems with this and why it can lead to failure…

PIE 247 Scam – is it true?

Overall, PIE247 isn’t a scam. It has great tools and for the price you can’t go wrong, however, there is a few major problems with it…

First, the tools don’t have good instructions or tutorials to actually use them. I actually decided to take it for a test drive and it wasn’t newbie friendly.

Second, no matter what opportunity it is, sponsoring people will always be a major issue. I looked at their capture pages and sales funnels, but they were horrific. They will never convert if you decided to push it online as of right now. Maybe in the future they will fix this problem.

I am just speaking the truth…

There are a few options out there depending on what you want to do.

If you want to become a sponsoring master like myself all online…

And if you promote the actual system…

You can make massive money…

You will learn exactly how to drive traffic to their system and their system does all of the rest like following up with your leads and converting them into sales for you…

You even get a one on one coach in the system to make sure you are successful.

Take a look at my 7 week results below:

I am not the only one winning either, take a look at my team members:

You will thank me later ��

Follow me on Social media below (I am a real person :)):

I hope you enjoyed my PIE 247 review and if you are in it already, please share with us your personal experience and how you are doing?

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