Welcome to the Forex Scam Watchlist on FOREX [decrypted]! Here, we expose suspicious Expert Advisors that may be scams. Our community-driven approach allows you to submit potential scams for evaluation, fostering a safe trading environment. Share your thoughts and experiences in the comment section, helping others make well-informed decisions. Together, let's uncover the truth and support each other on our journey to financial success in the Forex market. Beware of scams, stay informed, and trade wisely!
Be careful with recently released Expert Advisors
Almost nothing can be said about a recently released strategy whose parameters have been worked out by backtesting. This is because the probability of overfitting is particularly high.
Avoid dangerous strategies
We generally do not test Expert Advisors with dangerous strategies based on Martingale, Grid or Hedging for example. These strategies are mathematically pure gambling and you should always avoid them.
How to detect and avoid Expert Advisor fraud.
Our requirements on Expert Advisors.