Grizzly Forex Review is Grizzlyforex.org a Scam or Should I Invest

FXTM a regulated forex broker (regulated by CySEC, FCA and FSC), offering ECN trading on MT4 an MT5 platforms. Traders can start trading with as little as $10 and take advantage of tight fixed and variable spreads, flexible leverage and swap-free accounts.

Trading212 is a European broker with an excellent proprietary trading platform, which is now available as an iPhone app as well (we tried it out and we loved it). Trading 212’s customers enjoy fast execution a vast selection of trading instruments.

XM is broker with great bonuses and promotions. Currently we are loving its $30 no deposit bonus and deposit bonus up to $5000. Add to this the fact that it’s EU-regulated and there’s nothing more you can ask for.

FXCM is one of the biggest forex brokers in the world, licensed and regulated on four continents. FXCM wins our admirations with its over 200,000 active live accounts and daily trading volumes of over $10 billion.

FxPro is a broker we are particularly keen on: it’s regulated in the UK, offers Metatrader 4 (MT4) and cTrader – where the spreads start at 0 pips, Level II Pricing and Full Market Depth. And the best part? With FxPro you get negative balance protection.

FBS is a broker with cool marketing and promotions. It runs an loyalty program, offers a $100 no-deposit bonus for all new clients outside EU willing to try out its services, and an FBS MasterCard is also available for faster deposits and withdrawals.

FxChoice is a IFSC regulated forex broker, serving clients from all over the world. It offers premium trading conditions, including high leverage, low spreads and no hedging, scalping and FIFO restrictions.

HotForex is a EU Regulated broker, offering wide variety of trading accounts, including Auto, Social and Zero spread accounts. The minimum intial deposit for a Micro account is only $50 and is combined with 1000:1 leverage – one of the highest in the industry.

Traders` reviews for Oinvest

Spread

Slippage

Requotes

Price feed

Platform

Deposit/Withdraw

Customer service

Summary

I am a victim

It is the real scam, blood sucking kind of people, they are working for the devil.

Stay away

You are going to loose money .

Oinvest is a SCAM. SCAM.

Its a SCAM. Do not trust them.

I have lost R63500 in 3 days today!!

lock out of my account with a large amount of money still in the avccount

I was sill busy on forex and I was locke out.
According to helpdesk I must send my computer info.
Why. the website was closed on me.
I need my funds back emmediatly

Withdraw

[email protected] actually helped my withdrawal after providing the statement.

Not customer friendly

[email protected] is not customer friendly. After they withdraw the R3500 no tel is answered and no advice forthcoming.

Lost all my money

I trade with Oinvest since March but after doing well they give me false information to buy to trading t
hat are going to take all my money.

App not trading

I just started my journeys to days ago I find that after two days the MetaTrader 4 app do not work properly.
The app is not trading it is stuck.

Please help

I have an account with oivest even though I’m not trading at the moment. My main concern was that it seemed like somebody was going into my trading account and open and close active trading pairs without me knowing. Who ever was assisting me, will than blame me for that.I was still new in trading space. Secondly I didn’t change my password. I still want to be a trader.

Please I need your advise.

With kind regards
Molwantwa Mfisa

Please help me

I deposited an amount of R8500.00 with Oinvest using my absa Visa credit card, I was helped to make the deposit. I could not trade sue to the fact that I am always on the road now. I requested a refund of my money but now they avoiding me. They are not helpful with my refund but they are registered with the FSCA and they regulated by so called Basfour 3773 Pty Ltd. Will somebody please help me to recover my R8500.00.Please. FSB please.

Update on previous post

Adding to my post from yesterday, I was contacted by Oinvest’s “Customer Support” department rgarding my withdrawal request, by email. They claimed that there was an issue with their Payment Service Provider and that my refund MAY have to be provided by wire transfer.
To me, this comes across as just another attempt to obfuscate, delay and ultimately deny any refund. They then go on to say that, in order to effect a wire transfer, they need a Bank Reference, along with all of the usual bank details plus some that really are NOT required to execute an international bank transfer.
I immediately replied for clarification and justification for this overly-complex, demanding, inconvenient (to say the least! I’m in Thailand and my bank is UK-based!) and unnecessary method. In addition to their likely false claim that there is an issue with their Payment Service Provider (I’ll bet it’s working fine for receiving deposits!), my response was not dealt with the SAME Customer Support individual. Indeed, in all, I’ve received three different emails from three different Customer Support representatives, all offering the same demand for a Bank Reference – complete with bank stamp and signature (WTF. ).
Oinvest is a shockingly unprofessional organisation with a complete lack of acceptable business ethics.
Their representatives do NOT listen to you on the phone and they whine like children WHEN you (rightly) become tired of their meaningless rhetoric and excuses. I will be researching avenues to have this company thoroughly investigated and pulled apart to uncover its, I suspect, fraudulent nature. I can virtually guarantee that not one of its representatives has any education or certification in financial services activities.

Extremely annoying, invasive business practice

Having seen Facebook promotions for an investment scheme that automatically generates profits and having a spare bit of cash to throw at such TGTBT schemes, I decided to deposit $250 with Oinvest.
Within a matter of days, I started receiving random phone calls at inconvenient times to offer me guidance and “training” in managing my trades and making profits. Obviously, the first suggestion was ‘to make good profits you need to invest $000s rather than $250’. The guy then tried to talk me through the mechanics of the system and explain which shares/currencies to focus on. Other than the suggestion of investing more, the conversation was quite reasonable but I made it clear that I wanted to take my time, learn the market MYSELF and then make my trades accordingly. Essentially, I didn’t want an ‘account manager’ pushing me into making trades that I’ve not examined/researched myself.
Following this, I periodically received these random calls from phone numbers that evidently originated in Singapore and then Thailand – where I am based – presumably in an attempt to deceive me into thinking that they were from other parties and closer to home and therefore I would be more likely to take them.
I think I am on my THIRD account manager now, in the space of less than 6 months, which suggests either that they do not retain staff very well or they simply pass around their ‘clients’ to see which manager can actually get a ‘client’ to bite.
Ultimately, I’ve found their practices invasive, harassing, bullying and offensive. I have now requested a withdrawal of all of my funds – the Oinvest website indicates there are no withdrawal fees, so I expect to receive the full $250 back in my account in due course but I wouldn’t be at all surprised if that is not the case.
Although I can’t definitively describe Oinvest as a scam, their promotional advertising is definitely designed to mislead and their business practices are shady and less than ethical.

Stay away from Ointvest

I was called by ine Agent called Issac asked for my ID and proof of Res, deposited my R3500, 2days later so called Account Manager Lennard help me to download their trading website, 2days agter asked for $250 to increase my chances if making a profit. 1day later he ask for more when I told him I dont have anymore I had already invested All money was gone.

Pls pls Stay away from Ointvest.

Am starting to suspect Oinvest

I was asked to make a loan of R25000 to buy stock market shares which will make me profit, to my surprise I am told that my margin level is low and I must put in more cash because my margin level is below 100, whereas I was told that I will be refunded the money I put in to backup my margin level, I have requested my refund now am told that my money cannot be released as my margin level is on minus.That was not an agreement an I am now sitting on a debt which I must pay back.

Do not invest with oinvest

Once u have deposited money, it means you have fallen into their trap because i did

Grizzly Forex: обзор проекта и отзывы (бонус от вклада до 5%)

Важные новости по проекту Grizzly Forex

Проект приостановил выплаты! СКАМ!

Отработал проект неплохо! Все инвесторы, которые входили в проект одновременно с нами, могли спокойно заработать здесь от 12% до 32% чистой прибыли. Для кого-то проект был хорошим, кто-то как обычно скажет, что не успел заработать — каждый будет прав по своему, так как каждый входит в активы на разных этапах их жизни.

Общие показатели:

• Домен: grizzlyforex.com . Старт проекта: 26.03.2020.
• Минимальная сумма на ввод/вывод: 25$/0.1$.
• ЭПС: Payeer, AdvCash, Perfect Money, Bitcoin, Bitcoin Cash, Dash, Litecoin, Ethereum.
• Партнерская программа: 5%.
• Выплаты: ручные (до 24 часов).
• Бонус от вклада: 5% (например, инвестируете 100$ и мы в качестве бонуса сразу на кошелек отправим вам 5$).
• Наш вклад: 100$.

Краткая информация по нашему вкладу:

Мы зашли в проект по однодневному плану (104% через сутки), который был недоступен и открылся только сейчас. То есть, основные депозиты приходятся на 5-ти дневный план. Напомним, стартовал проект 26.03.2020. За это время депозитов внесли на 101 812$.

Скрин депозита:

Важно помнить, что Блог Hunter-Money не побуждает Вас к открытию депозита только потому, что мы написали статью о данном проекте. Мы обозреваем HYIP проекты и делимся информацией о том куда вкладываем деньги. Помните, что остальные действия и решения Вы принимаете самостоятельно.

Маркетинг (инвестиционные планы) Grizzly Forex

Есть еще планы, но мы считаем их неактуальными, поэтому нет смысла их упоминать.

Характеристика инвестиционного плана:

• Доходность: 104% After 1 Day;
• Срок вклада: 24 часа;
• Выплаты: ручные (регламент до 24 часов);
• Минимальная сумма вклада/максимальная: 25$/500$;
• Чистый профит: например, если инвестировать 100$, то прибыль составит 4$ или 9$ если не забыть заказать бонус от вклада, который составляет 5%.

Grizzly Forex: наше мнение и отзыв

Заходим не на старте, но проект имеет хорошие перспективы, если админ не проявит жадность.

Технически проект подготовлен отлично: Ddos-Guard, лицензионный скрипт — Gold Coders, SSL сертификат COMODO сроком на 1 год.

По проекту будет действовать рефбек в 5% от суммы вклада. Таким образом, чистый профит за 24 часа составит 9%!

Помните о рисках и заходите тестировать проект небольшими суммами.

В проекте успешно прошли 4 круга по однодневному плану. Заработали 12% чистой прибыли. Команда, за счет рефбека заработала до 32% чистой прибыли. Проект показывает себя очень неплохо!

Заслуженно переносим проект в раздел «Портфель Охотников».

Помните о рисках и не вкладывайте средства, которые не можете позволить себе потерять.

Новичок? Обратите внимание на следующие обучающие статьи:

С наилучшими пожеланиями, Охотники за Деньгами

How to identify Forex scams

Just like any other financial market, the Forex market has been a target of Forex scammers for a very long time. Unethical behaviour, promises of unusually large profits without any risk, and the advertisement of “holy grails” are all signs of a Forex scammer who wants to make a profit from naïve traders. Fortunately, there are easy ways you can identify a Forex scammer and protect yourself from their misleading promises. In this article, we’ll cover exactly that, and show you how Forex scammers operate.

How to identify a Forex scammer

Forex scammers may come in different forms, but they all share one thing in common: they’re non-transparent, unregulated, and promise trading results which sound too good to be true. Beginners may have a hard time identifying these characteristics due to their inexperience, which is the main reason why beginners are often targeted by Forex scammers. As you gain trading experience along the way, it will become significantly easier for you to spot these unethical practices and protect yourself from Forex frauds.

If a trader promises hundreds of pips per day without any risk, or tries to sell a trading robot which makes thousands of pips with the click of a mouse, you should be very cautious about that offer. If a trader really had an extremely profitable trading strategy or trading robot, they wouldn’t have to sell that system to other traders, right? They could simply make hundreds of pips with their system and wouldn’t waste their time advertising their product to other traders.

Regulation, or rather lack of it, is also a very important sign of a Forex fraud. Check whether the company which promises unusually high profits is regulated by scrolling through its website. Regulated companies always showcase their licence or regulatory authority on their website, and if you’re unable to find this information, you’re probably dealing with a fraud.

Here we’ve prepared a short checklist of the main points you need to look for to identify potential scammers:

• Does the trader or company promise extremely high profits and doesn’t mention any risks associated with the strategy? If so, it’s probably a fraud.
• Can you find information about the company’s regulation on its website? If not, be cautious when dealing with the company.
• Can you find any additional background information about the trader or the company?
• Does the trader have their trading results verified by a third party?

These signs, and more, will be discussed in more detail in the following lines.

Additional signs of Forex scams

There are many more ways of identifying Forex trading scams, such as trading results which are not verified, emails that ask for personal information, or the unavailability of background information.

• Unverified trading results – This scam is very popular with Forex signal providers. A trader will claim that they are constantly profitable on the market, and post screenshots of their trading performance on social media. The trading results often show extreme profit, sometimes even without a single losing trade. Beginners without trading experience are especially attracted to these types of scams as they don’t know how much profit to expect when trading. Needless to say, you should be very cautious when someone makes their trading results publicly available. Ask the trader if the results are verified by a third-party provider, such as myfxbook. If the trader refuses to provide you with a link to their verified results, simply forget about that trader and choose another, as it is highly likely that they are a fraud.
• Unprofessional emails – Unprofessional emails are another obvious sign of an online Forex trading scam. Email marketing is very common these days, but if the tone of the email sounds unprofessional or if the person asks for any personal information, it’s probably a scam. Forex scammers often use email lists bought on the dark web to send hundreds, or even thousands of emails to traders, offering various trading products. Again, make sure there is background information about the person sending the emails – or if it’s a company, check that it is regulated by browsing its website. If you are unable to find any of the above, and the emails ask for personal information to send you a “free e-book” or something similar, it’s probably a scam.
• No background information – We’ve already mentioned the importance of checking for background information about a trader or company that promises extremely high profits or asks for your personal information. Scammers often change their identity and act under an imaginary name, so that their victims can’t track them on the Internet. It’s also common for scammers to use pictures of traders found on the internet, claiming that the person in the picture is them.

A simple Google search can help you out a lot. Search for the name of the trader or the company and see whether you can find any background information that proves the scammer’s claims. If you’re dealing with a serious company or trader, you may also be able to find reviews from other customers who have used their services. Always do your research to avoid falling for this type of scam.

Protect yourself against Forex scams

Now that we have covered the most important signs that identify a Forex scammer, it’s time to take a look at ways you can protect yourself. Being cautious about any offer is usually the best solution, but there are also some additional ways.

• If it’s too good to be true, it’s probably a scam

Common sense helps a lot in these situations. If someone claims to make hundreds of pips per day without a single losing trade with their strategy, it’s probably too good to be true. Even professional traders have losing trades from time to time. If the results are not verified by an independent third-party service, you’re most likely dealing with a scam.

Nothing is more powerful than knowledge. Scammers usually target beginners who don’t have enough trading experience to identify what returns are realistic on the market. Education doesn’t come overnight, but with time you’ll find it way easier to spot Forex frauds even from a distance. Invest in your trading education and gain experience, and you won’t become an easy target for Forex scams.

Never give out your personal information! Scammers may use it to steal your identity and to attract new victims under your name. Always ask yourself – why do they need my personal information? If there is no obvious answer to this question, don’t send any personal data and stop wasting your time with the company. It’s very important to know how to protect your personal information. Regulated companies have to store all of their clients’ personal information, such as ID cards and passport copies, in a safe place and can only use the data for their internal procedures.

Finally, if you’re unsure whether a company is regulated or not, your best bet would be to directly contact the regulatory body of the company’s jurisdiction. You’ll first need to find out the location of the company in order to reach out to the regulatory body of that country. Many regulatory authorities feature a database of regulated companies on their website, where you search and find additional information about the company’s license. Popular regulatory bodies in the Forex industry include the FCA in the United Kingdom, CySEC for Cyprus-based companies which offer their services in the European Union, and the CFTC and NFA in the United States.

Conclusion

There are scammers and unethical persons operating across all markets, and the Forex market is no exception. There are many signs of Forex trading investment scams that can be used to identify and uncover a scammer, such as promises of extremely high profits without verification, the absence of any industry regulation, unprofessional emails which ask for personal data, or the unavailability of background information. Always perform detailed research on these points before you buy a trading product. In addition, make sure to educate yourself about trading, since scammers usually target beginners who aren’t experienced enough to identify unrealistic trading results. If an email asks for personal info, never provide the information right away, but first check why the person or company needs your personal data. You should send copies of your ID cards or passports only if you’re sure that the company is legit. Performing a check on the regulatory body’s website to see whether the company is listed in the database is also a wise decision. To perform the check, first find out where the company is located and go to the website of the regulatory body which governs that jurisdiction. If the company is not listed in the database of regulated companies, it’s probably a scam.

How to Spot a Forex Scam

The spot forex market trades over $5 trillion a day, including currency options and futures contracts. With this enormous amount of money floating around in an unregulated spot market that trades instantly, over the counter, with no accountability, forex scams offer unscrupulous operators the lure of earning fortunes in limited amounts of time. While many once-popular scams have ceased—thanks to serious enforcement actions by the Commodity Futures Trading Commission (CFTC) and the 1982 formation of the self-regulatory National Futures Association (NFA)—some old scams linger, and new ones keep popping up.

Back in the Day: The Point-Spread Scam

An old point-spread forex scam was based on computer manipulation of bid-ask spreads. The point spread between the bid and ask basically reflects the commission of a back-and-forth transaction processed through a broker. These spreads typically differ between currency pairs. The scam occurs when those point spreads differ widely among brokers.

Key Takeaways

• Many scams in the forex market are no longer as pervasive due to tighter regulations, but some problems still exist.
• One shady practice is when forex brokers offer wide bid-ask spreads on certain currency pairs, making it more difficult to earn profits on trades.
• Be careful of any offshore, unregulated broker.
• Individuals and companies that market systems—like signal sellers or robot trading—sometimes sell products that are not tested and do not yield profitable results.
• If the forex broker is commingling funds or limiting customer withdrawals, it could be an indicator that something fishy is going on.

For instance, some brokers do not offer the normal two-point to three-point spread in the EUR/USD but spreads of seven pips or more. (A pip is the smallest price move that a given exchange rate makes based on market convention. Since most major currency pairs are priced to four decimal places, the smallest change is that of the last decimal point.) Factor in four or more additional pips on every trade, and any potential gains resulting from a good trade can be eaten away by commissions, depending on how the forex broker structures their fees for trading.

This scam has quieted down over the last 10 years, but be careful of any offshore retail brokers that are not regulated by the CFTC, NFA, or their nation of origin. These tendencies still exist, and it’s quite easy for firms to pack up and disappear with the money when confronted with actions. Many saw a jail cell for these computer manipulations. But the majority of violators have historically been United States-based companies, not the offshore ones.

The Signal-Seller Scam

A popular modern-day scam is the signal seller. Signal sellers are retail firms, pooled asset managers, managed account companies, or individual traders that offer a system—for a daily, weekly, or monthly fee—that claims to identify favorable times to buy or sell a currency pair based on professional recommendations that will make anyone wealthy. They tout their long experience and trading abilities, plus testimonials from people who vouch for how great a trader and friend the person is, and the vast wealth that this person has earned for them. All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations.

Many of signal-seller scammers simply collect money from a certain number of traders and disappear. Some will recommend a good trade now and then, to allow the signal money to perpetuate. This new scam is slowly becoming a wider problem. Although there are signal sellers who are honest and perform trade functions as intended, it pays to be skeptical.

“Robot” Scamming in Today’s Market

A persistent scam, old and new, presents itself in some types of forex-developed trading systems. These scammers tout their system’s ability to generate automatic trades that, even while you sleep, earn vast wealth. Today, the new terminology is “robot” because the process is fully automated with computers. Either way, many of these systems have never been submitted for formal review or tested by an independent source.

Examination of a forex robot must include the testing of a trading system’s parameters and optimization codes. If the parameters and optimization codes are invalid, the system will generate random buy and sell signals. This will cause unsuspecting traders to do nothing more than gamble. Although tested systems exist on the market, potential forex traders should do some research before putting money into one of these approaches.

Other Factors to Consider

Traditionally, many trading systems have been quite costly, up to $5,000 or more. This can be viewed as a scam in itself. No trader should pay more than a few hundred dollars for a proper system today. Be especially careful of system sellers who offer programs at exorbitant prices justified by a guarantee of phenomenal results. Instead, look for legitimate sellers whose systems have been properly tested to potentially earn income.

Another persistent problem is the commingling of funds. Without a record of segregated accounts, individuals cannot track the exact performance of their investments. This makes it easier for retail firms to use an investor’s money to pay exorbitant salaries; buy houses, cars, and planes or just disappear with the funds. Section 4D of the Commodity Futures Modernization Act of 2000 addressed the issue of fund segregation; what occurs in other nations is a separate issue.

An important factor to always consider when choosing a broker or a trading system is to be skeptical of promises or promotional material that guarantees a high level of performance.

Other scams and warning signs exist when brokers won’t allow the withdrawal of monies from investor accounts, or when problems exist within the trading platform. For example, can you enter or exit a trade during volatile market action after an economic announcement? If you can’t withdraw money, warning signs should flash. If the trading platform doesn’t operate to your liquidity expectations, warning signs should flash again.

The Bottom Line

Conduct due diligence on the forex broker you’re considering by going to the Background Affiliation Status Information Center (BASIC), created by the NFA. Many changes have driven out the crooks and the old scams and legitimized the system for the many good firms. However, always be wary of new forex scams; the temptation and allure of huge profits will always bring new and more sophisticated scammers to this market.

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