Forexroad 

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Company details

  1. Financial advisor
  2. Gold and silver trading company

Written by the company

Unlock your successful trading journey using our VIP signals & copy-trading system based on the same strategy that we have been using for +30 years


Contact info

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Don't Use Them

Blew my small account ... then blamed the bad trades on one of their intern traders ... so I stupidly added more funds ... then they blew up that account as well.

They trade gold mostly, and when it's losing they just keep adding to losses ... DON'T PUT ANY MONEY WITH THESE SCAMMERS ... seriously !!!!

22 February 2022
Unprompted review
Rated 1 out of 5 stars

totally a scam

totally a scam. paid and no signal provided and even copy trade also losing. still claim that have 30 years of trading experience.

10 November 2021
Unprompted review
Rated 1 out of 5 stars

Horrible service

Horrible service, I paid my first annual subscription and never heard back from them, have been trying to reach them via Telegram and Facebook, no answers, I have also reached out to Gumroad who processed payment for these guys but they are of no help either. Do not pay them anything, they are running a scam

25 August 2021
Unprompted review
Rated 1 out of 5 stars

Worst Ever Forex Services, STAY AWAY!

I joined since 10 June 2021 for copytrade, deposite $200 then account burst 2 weeks later due to their martingale strategy USDCAD pair.

Jason advice use other copy account because of my fund size. They launched new copy trade which follow exactly VIP signal and no more Martingale. I tried and deposit $100, 20 July my account burst again because they open few trade to buy XAUUSD. Then Jason put a blame on Michael's Team. They fired one of the trader and promise no more open multi trade for same pairs. In future, all the trade will manage by Richard.

So i give one more last chances, deposite $50. Same incident repeat today, where last week they trade XAUUSD and face few loss. Richard decide to hold XAUUSD over weekend and today it continue making lose and finally wrap my account. I have enough for Forex Road with their execuse. I hope you guy please provide genuine feedback. For the rest, you may choose not to believe. But that my true experience. Lucky i didnt put a lot money into this copy trade. Their risk / rewards also ridiculous, win less lose more. However, their advertising sound very promising. Good luck for you guys.

16 August 2021
Unprompted review
Rated 1 out of 5 stars

Not a scam but not trustworthy and wouldnt recommened

i was with them for a month and i wouldnt recommend. First off there claim to have a 1:1 risk ratio is false as with gold the stop loss is sometimes twice and much as the take profit, i asked jason about this and he said it was because gold is very volatile which is fair enough i guess, but they also dont have a 1:1 risk reward ratio for currency pairs either, they set there stop loss and take profit 20 pips apart but 90% of there trades that end in profit are closed before and sometimes well before the take profit, but the they always let it hit the stop loss , so most of the time you make 13 pips but you will lose 20 pips on a bad trade. theres also the 5 gold trades they made that has botched there reputation, in which they said a young rookie trader made a mistake, yet on there website and ads we are promised private banks signals so there is another false claim. they also keep saying that they disclose there results no matter win or lose, they also put the winning trades in the free chat but not the loses which is fair but everytime they have a winning week they put a photo in the free chat saying the amount of pips they made that week but they never put a photo in the free chat if they have a losing week which in my experience happened more, so that is another false claim. While i dont think they are a scam as they did make a few good trades, they have made way to many false claims and bad trades for me to trust them and continue with my subscription. Also i highly suspect some of the more recent reviews are fake as there were two positive reviews while they blew up many accounts with those 5 gold trades you can also read about in the other negative reviews or they have signed up after those 5 trades happened but i have been watching the subscriber count on the telegram chat and it hasn't gone up enough to make up for all the new reviews. One last thing when i signed up for "private banks signals" i was expecting trades that made more then 20 pips which seems kinda low.

Update
They had their audacity to flag my review as false even though they have spoken to me in the support chat, also saying people are competitors cause they give a negative review is just going to hurt you more

5 August 2021
Forexroad logo

Reply from Forexroad

Hello Cameron Jackson,

First, of course, we are not a scam, and you said it so that's part is actually true, you can't judge our service on a bad trade, we have monthly winning trades and % grow, overall we are every month in profit, we actually disclose everything and are very transparent about our services, I highly doubt you can find a more trustable and clear service.
A 20pips target is actually a good target, trading is not a marathon, you do not need to target 100pips per trade, and as we mentioned, other channels promising +3000pips are not true. Regarding our reviews, we only have REAL reviews, which are verified by Trustpilot, you can't "trick" them.

So we have two situations here:

1. You actually are a competitor or someone trying to create bad advertising around our company which is not fair

2. You do not respect our Risk Management in order to have a real success like +90% of our clients

Anyway please find our email address: support@forexroad.net
Feel FREE to contact us.

Regards,
ForexRoad

Rated 5 out of 5 stars

Wow. Just wow.

I’ll leave an honest review that i wish someone would’ve left for me. I’ve done all the back testing and calculations of this company and their performance. I am here to tell you now subscribe. It’s worth the money. All of these 1 star reviews are from people who want instant success overnight and don’t follow their trading plan or risk management. By far the best out there and trust me, I’ve tried MANY. If you want to be CONSISTENTLY profitable follow their trading plan and stick with them long term because nothing happens over night.

28 July 2021
Unprompted review
Rated 1 out of 5 stars

Killed the copy account the second time!

I am using the service since 2 Months.
The signals are very good, i made very good profits with it, and also the copy trading service.
They made ~30% in 1 Month, but than crashed the hole copy account with 5 gold trades in just 2 days..

Something like that can happen and I hope they learned from it, made the same deposit to the account again (300€) and hope that it goes well now and i get back my losses!

Update 23.08.2021:
The new copy service is running 1 Month now:
Currently down from 300€ to 10.25€..
One gold trade with -176.01€, they dont learned from the first time..
So they crashed it the second time.. I dont know why there are so many 5 star ratings here..
In the free Telegram group they post only the win trades..

22 July 2021
Unprompted review
Rated 1 out of 5 stars

Poor Risk Management & Deceptive Claims

I began with this service one month ago. I used their copy trading service and in the first couple weeks gained about 10% profit, which was more than excellent. Almost too good to be real, as I was following their exact risk management rules. As it turns out, it was. Just recently they negligently opened 5 positions on the same pair, opening each new pair as the previous position moved into a loss.

This is not proper risk management. If I wanted to trade a martingale strategy I would've used another service. All of these trades closed out for a net loss of all my profits and around 40% of my original investment. Simply inexcusable, especially for a group claiming to have 40+ years of experience in the industry. Professional traders should know to accept their losses and not chase wins and take on an unacceptable amount of risk.

As a side note, their Telegram can be rather deceptive. They claim to report both their wins and losses, which is objectively false. I followed all of their trades for an entire month only to find that they only reported winning trades to their Telegram chat, while simply ignoring the losing ones. This can be seen both in the individual trade result messages as well as the weekly trades recap. When they have a winning trade or week, they'll send it to the chat. When they don't, nothing will be sent. This is very misleading and not at all acceptable for a company who claims to have 100% transparency for their results.

ForexRoad, please do better. Silently blowing accounts (including your own) due to poor risk management and falsely making claims about your transparency will not gain you the trust of your customers nor will it be a sustainable business model if you wish to keep operating under the same brand. This is a service that deals with peoples real, hard-earned cash and I suggest that you take that much more seriously.

20 July 2021
Rated 1 out of 5 stars

Most horrible scammer ever

Most horrible scammer ever. I trusted them and asked alot of questions before joining and one of it being they dont do multiple entries.
Guess what, on 2nd week of joining, they opened multiple entries of gold /usd. From a loss of one became 5!!!

My account was wiped..And all they do is write up an explanation saying a youngster was fired for trading against their policy hence the huge loss. And now they say to trust them again and put in more money!

Is that a joke??? So much for 30 yrs of xp.

Stay away at all cost!!!!

20 July 2021
Rated 1 out of 5 stars

Terrible experience

Terrible experience
They blew my £2000 account within 2 days with 5 Gold trades. [Friday 16th and Monday 19th] The only reason that I have selected ForexRoad was based on the fact their affiliation with the BDSwiss which is one of the reputable brokers in the world. I thought that given the ForexRoad’s 40 years of trading experience and the BDSwiss doing their due diligence on their affiliate will minimise my risk, appreciating the fact that Forex trading is risky. Very disappointed.

19 July 2021
Rated 1 out of 5 stars

Complete disaster with these people

Complete disaster with these people. It’s not 1:1 risk ratio. I think it’s just some kid in his mams basement. They have just blew my account using 0.01 pip lot trading gold. Haven’t had one winning trade in a week

18 July 2021
Forexroad logo

Reply from Forexroad

Hello Matthew Owen,

Your message is not accurate and actually not true, we never blew clients accounts, and of course, we have winning weeks, we never claimed to send 100% accuracy signals but your statement is simply not true,

So we have two situations here:

1. You are using another service and you left a review on this page by mistake, in this case, please delete your review

2. You actually are a competitor or someone trying to create bad advertising around our company which is not fair

Anyway please find our email address: support@forexroad.net
Feel FREE to contact us.

Regards,
ForexRoad

Rated 1 out of 5 stars

FRAUD

FRAUD, stay away, lost 60% in second week

7 July 2021
Forexroad logo

Reply from Forexroad

Hello Deep,

Your message is not accurate and actually not true, we have winning and losing days, that's part of Forex we never claimed to send 100% accuracy signals but your statement is simply not true, as you can see our clients are very happy with the service we offer.

So we have two situations here:

1. You are using another service and you left a review on this page by mistake, in this case, please delete your review

2. You actually are a competitor or someone trying to create bad advertising around our company which is not fair

Anyway please find our email address: support@forexroad.net
Feel FREE to contact us.

Regards,
ForexRoad

Rated 1 out of 5 stars

Customer support is horrible

Customer support is horrible. They lack communication and are very unprofessional. They take forever to respond. They left many of my questions on read and unanswered. They don't follow through with their word. I asked for a refund and left me on read and never acknowledge it. They only responded after I told them I am going to dispute with my bank. They also lack in transparency. They only post their wins. When they have a losing week they won't post their results. They do not deserve your money.

update on my review with details:
so i sign up for a 1 month vip signals. after a few days i asked support if its possible to switch to the copy trading service if i pay the difference. support takes 3 days to respond. support said he will take care of my request over the weekend. weekend passes by and nothing. completely unprofessional to say you will do something and not follow through with it. in fact support never gets back to me regarding this. support ends up reaching out to me almost 2 WEEKS LATER forwarding me a message about some new account management service. completely disregarding my request about switching signals to copy trade. i then ask for a refund because i'm not happy with the service, support lacks communication and professionalism. support reads my message but yet again ignores my message. aside from this i had many other questions ignored. i then asked for a refund again a day later. i told them i will dispute with my bank if he continues to ignore me and not give me a refund. he then finally response with "Hi, I will come back to you" and replies 2 days later that they only do refunds within 7 days. like i understand if thats supposedly the policy but there is nowhere on the website that states a refund policy within 7 days. but beyond that why does it take 2 days to give me that answer? he could've just said that in the first place. also speaking of transparency, notice how on their free public channel they will only forward their winning trades never their losing trades. also if they have a down week they will not give a weekly update on the pip count/ profit. check their channel and see when was the last time they forwarded a losing trade from VIP? probably almost never. also they say their signals are 1:1 but a lot of their signals especially on gold have a negative risk vs reward. the SL will be like 2-3 bigger than the TP for example

XAUUSD SELL @ 1784.39
TP : 1780.00
SL : 1795.00

XAUUSD SELL @ 1783.72
TP : 1780.50
SL : 1790.00

XAUUSD BUY @ 1778.75
TP : 1784.00
SL : 1760.00

go on the charts and check yourself. negative risk vs reward

23 June 2021
Forexroad logo

Reply from Forexroad

Hello Jay,

I am not sure to understand your situation, our support is actually very responsive, may I know your profile customer ID so we can check and come back to you? you can also contact us directly via email: support@forexroad.net, our purpose is to have fully satisfied clients, which our reviews and reputation show!

We also do not hide any results, we publish every week results win or loss, our transparency is also our strength!

Please feel FREE to contact us to solve your issue, if you have one.

Regards,
ForexRoad

Rated 5 out of 5 stars

I just had to write this !

Well I had to write this as I am very impressed with this service Forexroad offers..I am doing the manual trading and today was my first day with 4 wins from 4 trades ! I know I can't expect perfection every day but going back over previous trades in the VIP channel..I can see you will be very successful as long as you practise good money management ..Thanks again Forexroad !

18 June 2021
Unprompted review

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