Bft Autotrader Reviews 8

Invested 1200. EURUSD went in to large DD and then crashed my account.

Stay away from BFT Autotrader. They are not what they claimed they will provide you with.
I started with $500. The account grow up to £1000. Suddenly they opened few trading position with big Lots, within Hours the price on the market went against the position and they had to close must of the position and the balance went down to about $800. It didn't bother me much as this can happen in Forex trading. Few days later the balance increased to about $900. Then I decided to increase my capital by $300. Total of $1200.
Shock of my life.... After about a week the account started growing then suddenly they opened more than 12 trading position which turned out to be on the opposite direction of the market. I simply waked up the following morning the account is stopped out with just about $90 left in the account.
I quickly made a deposit of additional $200 to save the remaining balance. They were laughing at me. The following morning the $90 is also gone by closing the remaining trading positions.
I am now left with the only deposit I made to save the account from liquidation.The $1250+ is gone.
I have sent a message to Chris Jazna for explanation but no response yet. So now I am just thinking of withdrawing the remaining balance or disengaging the Autotrader before the remaining balance goes the same way.
Stay away from them. It doesn't look normal to me. it must be a scam.

Hi
I would like to introduce my REAL story with this autotrader.
Some months ago i has been convinced by Chris and also following the free group on telegram(where they show unreal earning but i’ll explain later) to start with their autotrader.
I started with 500 usd approx. and in less then one month my account was at zero.
I wrote to Chris and put here a bad review.
Chris promised me to refound….. after over one month obliging me to cancel my bad review here, they put again 460 usd on my account.
This could be a great signal by this company.
The autotrader restarted and this this my account is dropped at zero in neither 2 weeks.
Obviously they will not give me again money back.
All is documented by photos of my account.
So 2 opportunities missed on 2….. 100% of failure, not easy.
I doubt of positive review here as autotrader is same for all.
Coming back on false report on free group….
I compared result on gpb/usd mine and showed on free group and on free group there were more deal in the same pair between 2 deal at same hour in both.

Repeat all documented

I was added in a Telegram Group where they show plenty of marvellous trading results which made me curious. Made contact with Chris and he sent me a link to their results pages. With the prices he told me that there is either a set up fee or if I use their associated broker IRONFX then no fee. Minimum equity is US$ 500. So to test it I put in US$ 600 in the broker and a day later my trading started. This was mid April. I was surprised that on $600 they only trade GBPUSD trades, so when I asked that Chris said I had to upgrade to USD 10.000 to get all currency pairs. Never was it said before that with a $500 account you just get GBPUSD. So I continued, my equity was going up a bit, then down, no big gains, no big pains. However, sometime mid May, their trading just got crazy. When the tendency was UP, they traded on "sell", placed more and more trades on that and ended up with dozens of trades in the red. To compensate for that they placed "BUY" trades and suddenly I had like dozens of trades running, some of them for weeks, in the hope that tendency would turn. When the tendency finally turned they closed the trades in the negative, very crazy. Instead suddenly they placed dozens of trades on SELL, again completely wrong, with increasing lot sizes. Result: last night they made MINUS 511 USD, ma account closed out and that's it. My impression is that they are placing as many trades as possible to get their cut from the broker. In their telegram group they continue to show great results, just showing the good (blue) trades and avoiding to show the red trades.
I have no clue if on a US$ 10.000 the results are real or faked but I surely recommend to just keep away and don`t even try it. I lost US$ 600, and gained in experience. I would not recommend anybody to trust them with any larger sums. Also Chris does not respond to Telegram messages any more. They also don't have any support channel on their website and nobody can see where they are based since they have no Impressum on their website.

Made contact with Chris over telegram after seeing an ad on facebook. Chris sent an intro video, and I asked a few questions. Based on previous reviews I wasn't prepared to risk any capital without first having a test drive. I asked if they offered a free trial linked to a demo MT4 account, thinking if their product worked, why wouldn't they? They have nothing to loose, and if the product does what they say, I'd be crazy not to sign up and they'd have converted me into a paying customer. However, they don't offer a trial, so seems they are only interested in receiving your $500 "activation" fee, or signing you up to their prefered broker where they receive referral/commision.

There are other simillar reviews on trustpilot for bestforexteam.com and promo.bestforexteam.com - these websites are no longer live.

No substance whatsoever, buyer beware!

This is so simple, look at the 'Free' telegram group and you can clearly see all the wonderful trades and success...because it's the day after and anyone can draw lines on a chart the day after. I have asked Chris why on all the updates does his robot always do trades on the hour, 15 minutes past, half hour, and 45 mins...I can tell you why, it's not real, all trading should be done at levels not time specific. Look and and you can see, he's just taking your money for for setting up your account with a broker. Don't be fooled, robots don't open or close trades on the hour, they do as and when the trade is complete. Nice idea though.

They promise to refund any losses after 2 week up to 500 USD.
After 3 weeks I’d lost and they won’t refund. Won’t reply to messages.
Out of 3 weeks using their system there has been 2 winning days every other has been a loss.

These people are not in the UK so cannot be regulated here. If it is an automated system that says they get astonishing results and you do not have to do anything other than put in £500 well you will not see that again. Why would they share there winnings with you other than to get your initial investment. This sounds very much like a scam I was in with an automated system and I did not get any of my money back! Don't go there.