Strategy Review: FX Secure Income

Today I’m reviewing a new manual trading strategy built to make $10,000 a day for those that use it, FX Secure Income. The creators of the system tell us that this is our backdoor pass to Forex fortune, and that we can beat the Forex market consistently by copying a Wall Street trader. This storyline has been used in the past for many different launches, and generally systems with ties to Wall Street traders don’t do very well. I’m not going to let that totally influence my judgment immediately, but it’s something we do have to keep in mind moving forward.

The creator of the system is David Godfrey, who claims to be an ex-prop trader and current strategy master. In doing some research on David, it’s quite clear that he has no reputation in the Forex market, nor the stock trading market. This could mean that he is just the type of trader that shies away from publicity, but this does mean that we cannot verify his experience. To get in touch with support, traders can email support@fxsecureincome.com.

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FX Secure Income Review

The goal of David Godfrey is to give traders the opportunity to copy what he does on a daily basis. He believes that in doing so his FX Secure Income strategy will provide traders with low risk opportunities that can be capitalized on in just 15 minutes per day. Unlike other manual trading systems, this strategy is built on a 100% mechanical basis which ensures the traders can just follow the method without having to do any extra analysis.

As for the specifics of the strategy, they don’t seem to be discussed on the sales page. Despite the sales page having well over 5000 words of content, we are never given any detailed information about the trade logic. There are promises of win rates between 87 to 93%, and screenshots to show different trade setups, but I need more.

Breakdown

• Type: Manual Strategy
• Price: $39.00
• Strategy: Undisclosed
• Timeframe: Undisclosed
• Pairs: All Majors

The strategy is going for a low price of $39.00. Is this because the FX Secure Income vendor is charitable, or is the system just not generating enough clients? When looking at a system with a price this low, these are some of the questions that we have to ask ourselves. Let’s just jump right into the results section, because that generally provides the most clarity than a Forex review.

Trading Results Analyzed

Most manual systems do a poor job at providing trading results, and that’s certainly the case this time around as well. David Godfrey provides us with a collection of Myfxbook screenshots, and a few different trade setups in meta-trader 4, to try and show us how FX Secure Income performs.

There are quite a few issues with the results being provided.

There is no doubt in my mind that David is trying to trick traders with many of the screenshots being provided. In the example below, you can see that David is telling us that this is one of his accounts. Yet, the top left of the image where the account name normally is, has been deleted. On top of that, we are not given access to any of these accounts. Normally, if a vendor owns a Myfxbook account, they will link us to that account so that we can verify for ourselves. Not a single one of the screenshots directs us to a Myfxbook account, so it’s my belief that all of these screenshots are stolen from other accounts that have nothing to do with this strategy.

Conclusion

My initial opinions of the FX Secure Income were positive, but as the review went on, I started to see some major flaws in the marketing material. The vendor doesn’t provide us with any strategic information, and the trading results look to be stolen from other trading systems and accounts. There is no way that I can recommend this software to any of the Forex robot nation readers.

If you have anything you would like to add, please leave your comments now.