Forex Bully Power | New FX Product Review and Information
Forex Bully Power | New FX Product Review and Information
So today we have been receiving a large amount of emails regarding this new system. Everybody wants to get us into the webinar to find out about Forex Bully.
The problem is we can’t really find anything else about this system, and a few or our users have made some excellent observations. I will be posting information from one of our valued members here at Forex Robot Nation.
Forex Bully Review
The email we received is titled beware of Forex Bully (Steve Hoftland and Gary Yates):
It is a pre-recorded webinar that he tries to pass off as live. There is no way for people to interact with him. He asks for people to type Yes if they can hear him. At the end he starts to call out names of people who have bought and answering questions that supposedly have been typed in the non-existent chat. This Forex Bully was the same as the Great Event (Roth was presenter of that one) As with Great Event, there probably will be no way for people to contact Hoftland for support and be very difficult to get a refund unless Clickbank is company you purchase through. No reviews or information about Hoftland on internet.
So this is the scoop on The FX Bully so far, not promising as this is one of our best FRN users giving us this information.
FX Bully Power Conclusion
This is all we have so far, it is bleak but we will continue to research this product and find out more information soon, hopefully get some live results as well.
If you have any information you would like to contribute about Forex Bully please leave a comment below and join in on the conversation.
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Have tried unsuccessfully to contact them on their support email address and have not received any reply. I was after the download link for the two FREE indicators that they promised to all those who attended the webinar. There was no link during the presentation. Yes it is a precorded session, all the comment is the same, the supposedly questions from the participants are still the same. I did ask them who would have the financial backing to place a trade with 99,999 lots which they used to get their fabulous returns but they chose not to answer, one would have to support a massive account to trade with this number of lots. Just pie in the sky for me, NO THANKS
The script on the Bully webinar was almost identical to the script on Great FX Event. Both were very cheesy, but I think Mr. Roth took the prize.
Forex Bully. The webinar is indeed recorded and is used to entice suckers to buying the $147 version or the advance version for an additional $ 97. The free indicators have all expired and his promise to give you a non-expiring version is a pipe dream. Steve Hoftland ( assuming that is his real name) is no where to be found. You download an EXPERT ADVISOR for META TRADER and that it all you get. It comes with a pdf file manual,but nothing except how to install the EA. The web links or support is not accessible or are no longer around. It looks that “they have packed up” . PLIMUS was the service they used to accept payments. It makes you wonder how all this credit card payment providers operate. Don’t they even check the legitimacy of a vendor?
Thanks for all your responses guys, doesn’t seem like anyone is extremely impressed by this system thus far.
Keep the opinions coming.
Forex Bully – SCAM — SCAM — SCAM
As stated above, this was just pre-recorded BS. I bought it on the basis that Plimus will be there for a refund.
I’ve tried to contact the vendors for their bonuses, for the full program, and had no response. On a demo account, the EA has placed one order for a full lot on EURUSD and lost $1800 (180 pip stop)! That’s impressive. Considering that the TP level is 45 pips, it will take four successes in a row just to get back to zero.
Now let’s see how Plimus react!
I’ve attended their webinar. Nothing useful, only selling strategy with zero forex knowledge. The unexpired indicators promised are scam because there are no ways you can get the indicators; zero info about them. Get away from this sucker. Really a scam.
The FX Bully cites “myfxbook.com” as a reference to add credibility to its alleged stunning live test performance.
So I checked that website for FxBully — no where to be found. And I did not see anything to confirm the existence of FxBully’s self-proclaimed “well-known” trader-creators online.
The webinars are pre-recorded, and there is NO live chat! It’s not live at all.
If you want a refund, I’m not sure it would be any easy thing to do.
Looks & sounds scammy to me.
I had a look at their website and was tempted to give a go at $147, but read the fine print – there is a recurring charge of $37/mth to a maximum of $10,000!!! Are you kidding me?! There are no reviews good enough at the moment to even think that would be acceptable!!!
Hi guys i have actually bought it and it is the biggest load of BS out don’t buy it, all it does is sell trades and when it does one and it’s wrong, most of the time, it will keep doing more and more trades all at the same time until you have nothing left in your account.
oh yer i forgot when you try to get a refund they won’t even look at you until you’ve ran it for 21 days and can prove to them that you have made more losses than wins.
This is a scam,.. I am one of those who got suckered in … paid for the $147 version and have not been able to get it even loaded. You get a small pdf file and a bot which is supposed too be installed in the location where the meta trader is loaded.. and after doing all that successfully you do not even see the bot under the expert advisor tab of the meta trader..
Tried getting a refund but Plimus is not helpful… Their support links also get you no response at all… It seems like they have packed up and gone…
Its all a scam … do not get suckered in like I was..
Thiru
I have been running the Forex Bully for 2 weeks now on a practice account, I started with $10,000 and I am up to $15,000. Yes, it makes some losing trades, but it makes a hell of a lot more winning trades, obviously. I am surprised that there are no other positive responses about this, although the support and promised indicators are definitely not as were portrayed. Overall I am still impressed that it has made 50% in two weeks, I consider that to be oustanding results.
Here’s what I can say:
1). They have NO customer support. I contacted them multiple time by direct e-mail and to their “support” site. They never, NEVER, got back to me. Their “support” site does not provide ticket numbers to follow up on help requests. In short, their customer support sucks. FAP Turbo, in contrast, is great.
2). The default settings are not plug and play as claimed, unless you want to go in for a full lot with 180 pip SL = $1800.
3) Their documentation is terrible if you want to know how to set parameters.
4). The robot lost 3 trades in a row twice in the span of 7 trades. It was not sophisticated. It entered into 3 sequential trades in the span of hours while the market went in the opposite direction. It did this both for the forex bully product as well as the forex bully advanced. Both of these triads of trades ultimately results in losses.
All I can say is that the developers did not come thru on their claim of excellent customer service and a good robot. They should be ashamed and avoided.
Here’s an update to my last post: Refund denied for both products. Steve finally sent his bonus indicator (in an e-mail entitled “True test of character?), but it required me to advertise what he wanted me to for him. Couldn’t do this, so I sent the following e-mail in reply. I didn’t focus on the performance of his robot. I focused on his non-existent customer support–this is my main beef with him.
TEXT OF E-MAIL BELOW:
Your true test of character has already been shown by the non-existent
customer support that you provided for Forex Bully customers and the
deceptive marketing that you used with the identifier during the your Forex
Bully scamgate. Now you want me to direct others to your deceptive ways so
that they can experience your non-existent customer support? I don’t think
so.
I paid for a product; you PROMISED to provide EXCELLENT customer support,
you stated that a FREE indicator would also be sent in a timely fashion.
No, your customer support is not excellent; no, a free indicator was not
provided in a timely manner. Only one of these statements is true-the first
one-I paid for a product–pity me. You have now provided a link to the
indicator, but only after I canceled my order and disputed the charges.
Such great customer support Steve. Have you been reading the Forex forums
lately? You leaving such a legacy–you should be proud of yourself.
Doug