UPDATE: Ok the site is coming up again. I mentioned below that you have to spend the $200.  You log in and click_on Make Deposit then follow that through to deposit the $200 from your account balance.  You do not have to do it via  your Liberty Reserve account.  It is just an internal thing. If you do not do this the funds will not be working for you.

Just a short update. The Forex4Free site is currently offline stating there is a server upgrade in process and will be back within an hour.  It has been longer than that already.  Obviously the site is getting really popular and is very slow to load and access so the upgrade is certainly warranted.  I suggest to keep checking the site to see if they are online again.

NOTE: After signing up make sure you check your account balance as they will be putting $200 into your account as well as $20 for any referrals.  I found this in my account and you have to spend this from your account balance to get it working for you.  If you have referrals you should let them know about doing that also.

There are many jumping in because it is advertised that you do not have to spend any of your own funds.  The promoters are hitting it hard because of the referral fees and some are saying it is legit.  Of course we do not know that it is legitimate. Still unless you spend from your own funds I don’t see the harm in participating.  Otherwise caution is advised especially if they are asking for any funds from you.

Money UP

MCS: Let’s hope they have more knowledge about forex unlike MCS which has pissed away all the funds with great speed and recklessness that is one of the worst examples of incompetence I have ever seen.  My $500 account is now with $5. Day after day, loss after loss, just a continuous downward chart. They would have been better off if they had taken half the funds and spent it on learning how to trade.

Claims that it was a tested system and 5 or 6 years trading experience. I have seen nothing resembling those claims. I must admit I opened the trading account mostly to see if the claims they were making were being backed up by real results. That turned out to be a bad choice on my part.

Absolutely obscene and totally abysmal.

But really they should have stopped it before those losses started to overwhelm the situation and trade with their own funds before further risking and decimating other folks funds.  Of course they may have lost their own and were using ours to supplement theirs.  Who really knows?

Ok just thought I would vent on that one.

So let’s see what happens with Forex4Free. There is really know way of knowing if a program based on forex is really trading or if they are or will be successful.  So caution is advised if you are going to put out your own funds into any of these things.  I have heard 90% of them lose money.

May good fortune smile upon you today and every day.

Cheers,

Gene

Tagged with:

Filed under: ForexFree OfferingsFree Stuffsuccessful ventures

Like this post? Subscribe to my RSS feed and get loads more!