Forex Macro

ForexFraud

Forex MacroThis forex fraud article contains a Forex Macro overview, its questionable profitability claims, and an objective Forex Macro scam assessment. In the end you can also read about other possible forex software scams.

Forex Macro Overview

Panama-based Forex Macro seems to be operating as a High Yield Investment Plan or HYIP that claims to trade in the forex market and offers its investors exceptionally high returns on their risk capital. The primary risk with using this service or referring others to use it is that it may be a cover for a Ponzi scheme (read more about Ponzi HYIP schemes here).

Questionable Vendor Profitability Claims and Issues

The promised returns from Forex Macro look suspiciously impressive:

Plan #1: Fixed Plan – invest $50-$200,000 for a 14% monthly return and a minimum deposit term of 6 months.

Plan #2: Superior Plan – invest $3,000-$100,000 for a 21% monthly return and a minimum deposit term of 3 months.

Plan #3: Variable Plan – invest $50-$200,000 for a variable 8-30% monthly return and a minimum deposit term of 6 months. Interest paid on the 28th of each month.

Forex Macro Scam Assessment

Is a Forex Macro scam going on here? Almost certainly.

This HYIP has all of the classic hallmarks of a Ponzi scheme, and Internet reports indicate it may have already stopped paying its investors. Furthermore, many people report waiting unsuccessfully for months and months for withdrawals from Forex Macro, and they also say the company has stopped responding to e-mails for withdrawals.

In general, we do not recommend that you invest with Forex Macro or encourage others to do so in any way since it appears to be a forex HYIP Ponzi scheme. Basically, trading in the forex market cannot be considered a viable way to get rich fast. Instead, trading forex requires a personal trading plan to do so profitably and consistently. Trusting your money to decisions made by others has not been shown to be successful in forex trading or other life situations.

More information on Forex Macro can be found here.

Learn about Bernard Madoffs Ponzi scheme, one of the most spectacular in history.

Cyber Market Group Ponzi scheme


ForexFraud

Latest news

China’s New Central Bank Digital Currency Dishes Out More Pain to The Dollar
The US dollar’s role as the world’s base currency is facing a new threat that could dramatically impact the broader financial markets. Read more
Russell 200 Index – US Jobs Report Could Signal a Good Week for Equity Markets
The positive US jobs report might have lit a fuse under equity markets, the Russell 2000 index in particular. Read more

Forex Fraud Certified Brokers

City Index Logo
IC Markets Logo
Forex.com Logo
Exness Small Logo
OctaFX Logo
BlackBull Markets Small Logo
HYCM Logo
Plus500 Small Logo
skilling logo
FXTM Logo
Oanda Small Logo
ATFX Logo
LegacyFX Small Logo
IQ Option Logo
XM Logo
Pepperstone