Prophet FX Reviews 122

I’ve only been with them for 7 weeks and the returns have been fantastic. Even in this “slow time “ and given what’s happening around the world I’m seeing 5% minimum a month on my investment. That’s 10 years bank interest in ONE MONTH. Thank you
PFX

Come on guys some of the reviews on here are unbelievable , Prophet have done nothing wrong but make people a lot of money , I have only been with them 7 months and in that time have almost doubled my money , there is no business out there that is perfect and people join Prophet for one thing only , MAKING MONEY and that they do amazingly well as hundreds and hundreds of members in Prophet will confirm !!!

fantastic service, great team and ultimately great profits, been over 6 months with ProhpetFX and I am over 100% ROI, and never had a losing day.

Couldn’t be happier, always developing as a company and pushing the bounds of fx services and crushing it every time!

Couldn’t recommend less!

Been trading with the company for a couple of months now, put a considerable amount of my earnings in to this for it to be thrown back in my face by people that clearly have no idea what to do.
Been getting fed up with all of the drawdown and the companies moto of 'drawdown is profit'. And the lack of being able to withdraw any money from my account is absolutely ridiculous.
Clearly a team of arrogant amateurs who care about fancy holidays instead of they're own lively hood.

Last 4 months I have had to take out more than I have earned. My account is getting smaller and smaller due to basically making no money.
For the last 2 months I am struggling actually to get any money out because of the pathetic drawdown we are stuck in. There are trades from 6th jan still several hundred pounds in loss.
There is a group where if make any criticism or ask a question the same several embarrassing groupies jump up and attack you. People like emily, kosmitski or whatever his name is, bodi and midgley are under the impression the more you suck up the more money you make. Extremely embarrassing actually for adults to suck up like children in a playground.

They promise 20% plus but make 4% and you have to pay 30% of that plus 15 pounds extra.

They were good but maybe they grew too quick had a few lucky months but now the reality is there they are just not good enough.

I came across this lot on The money shed. There is a bunch of them pretending they are all fresh entrants to forex - sucking people in.

wlamo
afcafc
simonthomas
maninwhitecoat
Blazerlazer
mattdamon

If you look at the thread on the money shed they are all at it.

ProphetFX, prophetfx.com are a scam.

Someoone posted they are - Prophet enterprise LTD
Edward ELFORD,
Jack Alexander HARWOOD,
Connor Patrick O'BRIEN,

Some other companies mentioned they have been part of - CLEVERRY LTD, OPULENCE(UK) LTD, LOGIC LIFESTYLE LIMITED, Profetta Paris Ltd

They have been sucking people in on forums.

Its all a scam.
Its a large affiliate scam - they are sucking people in to earn kick backs for signing new customers up and then they get a commission per round turn on number of lots traded.

this will be a martingale or worse underneath.

-Screenshots - fake.
-Myfxbook - fake.
-Citing a winning Expert Advisor - fake, they are all garbage.
-No use of LTD company name.
-Website just a webpage.
-Pretending they are UK FCA regulated by citing IC markets - who arent even FCA authorised/regulated - this is all deception.
-"Rogue trade" - this is of course total lies and nonsense - they have walked off with your cash.
-Using untraceable messages via telegram app.
-Sucking in people on "make money online forums"
-They are posting fake reviews under their own names on trustpilot.

I have reported them to the FCA.
You need to withdraw your money immediately and report them to action fraud (uk police).

You will lose some or all of your money.

The review by Lilly Soul is fake. They will pretend to be investors and will suck you in - they are masters at deception.

The first 6 months of last year were amazing with this company; low drawdown and high returns with a really dedicated admin team.

Ever since the rouge trade was placed last year the company has never really recovered and go out of their way to upset clients. People who lost from the rouge trade were paid back, but there are still clients outstanding money now which is unacceptable. What makes matters worse is that clients have still not been informed of what caused the rouge trade. Anytime someone asks they get a stock response of "awaiting investigation reports". It's been going on for nearly 6 months which is deplorable.

Since Dan left the company (just after the rouge trade was placed) no one has seen a profit of above 10% but the amount of drawdown is now getting silly.

The companies response? Directors posting they are off to Dubai "on business" and revealing cryptic messages about opening up a new EA that is only for people who meet a certain criteria and are willing to put up initial investment of £10k. Or if you want you can increase the risk rating on your normal account (who would do this with the drawdown you are seeing).

If you try and ask an awkward question, you get told to message them through the website or contact your account manager. I dont have an account manager and the website is down.

As soon as these current trades are closed (if they dont blow everyone account) I am pulling my money from these guys and moving on to something better. The risk/reward factor is just not there.

Its a shame because the lads running this were on to a really good thing but they have massively under-delivered.

I hope one day they can return to form but they need to learn to take constructive criticism and learn to run a business properly. They may work hard, but their focus is in the wrong area. Stop telling clients your away to Dubai "on business" and concentrate more on being honest and informing clients. Start with what happened with the rouge trade and why profits have gone down. If you want to trial a new system, contact clients directly instead of posting it to all clients through Telegram and then redacting saying only certain people should apply. Dont be so defensive with your responses and try engaging people's concerns instead of being arrogant.

If you really want to do well try hiring a customer services manager to engage your clients and review your website/brochures etc.

Prophet used to be an amazing company, but since one of the traders placed a high risk personal trade on the wrong system, sending it to all the clients accounts and ultimately losing most of their money (few people did benefit but most lost) we're now seeing returns alot less than claimed, at times of high drawdown they disconnect myfxbook to hide it. Currently been in the same trade for 7 weeks as they refuse to close in a small loss, which would see more profit as that's 7 weeks of trading instead of holding the same one in big DD. The directors are young and made alot of money of us and now dont really care as there made for life, they will ignore messages but have time to post there holidays, cars and materialistic stuff across social media but are to busy working to reply to clients!? They seem to forget they hold the futures of alot of clients in their hands, abit silly really seen as there office address is public. I'm sure this review will get deleted as it's the truth they dont want anyone to know..

It's a marathon not a sprint.

It's a marathon for a tortoise - an asthmatic tortoise carrying a heavy weight up a steep hill.

Company do not provide anywhere near the returns they claim. Check out their MyFx page and then compare that to the advertised 20% a month in the brochure.

If life is a game, prophetfx is a cheat code for making money. Only been with them for 3-4 months at a fairly slow time of year and have made good profit, looking forward to future results

Advertise at 20% a month. Lucky if you see anywhere near 10. Better providers out there.

I would give 0 stars if I could. I know many people still waiting for their money back after the so called Rogue trade. This “company” are useless at replying. When asked if they pay tax you just get blocked. They are not VAT registered. They haven’t paid tax. Their fees are high compared to other forex companies that I am aware of. They are only interested in getting filthy rich. Everyone thinks they are the dogs nuts when In fact they are not. FCA regulated?? I think not. Never answer these questions or give proof when requested.

The so called Rogue trade was in fact a mess up by a person in their team who placed a manual trade then realised the mess up they made. The systems may be automated but I can assure you they are manually picking and choosing and gambling people’s money.

Don’t trust them and ask them for proof of the so called legitimate evidence. Won’t get it. Fact.

absolutely incredible team and system I’m so happy with what they have done for me and my family I just hope it never ends!!!

Honest, trustworthy, approachable, hard working, friendly, available - these all sum up the team at PFx.

It not about the ROI in a month, it’s not about the lot sizes. It about safe management of your money. It is about calculated and managed trades from a group of very experienced traders who have been doing this for a long time.

The PFx team regularly hold ‘client meet ups’ so you can meet the team behind which you are investing.

In all honesty when I first started I was dubious, I didn’t understand Forex trading but I can not emphasise more how much this team will look after you, guide you through and help give you the financial freedom we all want.

Whether you invest £3000 or £300000 - you will be respected, listened to and feel part of the Prophet team.

This will probably be the best decision you make in 2020!

After investing in the bitcoin hype and being underwhelmed by the returns I was introduced to Prophet FX. Unsure of exactly what Forex was and what Prophet actually did I stood on the side lines and watched friends accounts grown month on month before I decided to join myself,

So glad I finally joined, great returns on my money and better still is that I don’t have to do anything. Literally sit back and watch my balance increase while they do the hard work.

Best service ever! Super helpful! Extremely professional!

The first 9 days of being involved with prophet got me very excited I deposited £7500 after seeing how well the business was doing for a friend and was £462 up within these 9 days this was when things went downhill and a “rogue trade” as they explained it had been placed and closed within 5 seconds at a cost of £-1982 this prompted me to close 6 trades they had open at £-900 , I was told within 3 days that I would be getting refunded , this would prompt a very prolonged investigation and been passed pillar to post messaging around 9/10 different people , about a month and a half past and I finally got through to a member of the team who managed to get me a refund of £1900 but this still leaves me about £1000 out of pocket because of the charges and the other trades I had to cash out , very poor communication and set up that they have and overall have lost what is a lot of money to me

**reply**
The reason I was not billed for October and November was because I had taken my money out due to the fact my £7500 deposit was now sitting at £4500 and was worried this was all going to be gone as I was not been communicated with , from the opening of my account to the closing of my account I was on -£3027 I was refunded £1900 exactly leaving me overall £1127 out of pocket

Lots of red flags to begin with. Do your own research guys!

An amazing FX system which consistently delivers profits backed by great team running it !

The system has clearly has been constructed by true professionals ! Very impressive !

I have been with Prophet for just over 6 months now. I have made a regular profit with their EA and I have never had a losing day. There are some issues that need to be addressed by admin though and these are becoming more common.

Positives:
Never had a losing day and have consistently made money
Average around 10-15% per month return
Admin support (on the most part) is helpful and they will address your concerns
Multiple group chats through Telegram which offer support for any queries that you have

Negatives:
Communication is poor from admin team at times. They will post in one group then another admin will contradict in another group and it gets confusing at time
The EA gets turned off a lot with no real explanation or indication of when it will be turned back on.
Invoice days are chaotic. Admin team appear to be struggling with how big the company has grown. Instead of treating people like adults, they post in the groups threatening to suspend accounts for people who have not paid, even though they paid days before.
Any negative comment towards admin or posted in one of the groups and regulars will instantly jump on you

Overall the company do a really good job and I hope they will be around for a while. They are continuing to expand, but they need to review and amend their customer service and communications skills if they want to become serious competitors in the future. Making money is important, but so is keeping people informed of what is happening and communicating with them in an effective way.

This company has the potential to be one of the biggest EA/Forex trading companies out there and I hope they make it. The biggest challenge will be the way in which the admin team improve their communication skills going forwards. They work very hard, I just feel that they are missing a little bit of customer service skills when it comes to keeping people informed of what is happening. If they can fix this issue, they have the ability to really capitalise the Forex/EA market.