What is ForexGrinder.com?
ForexGrinder.com is a website that provides forex trading signals and analysis. The site claims to have a team of professional traders who analyze the market and provide accurate trade signals. There is a free trial available, and the service costs $97 per month.
The site does not accept USA traders, but it is available to residents of most other countries. There are some complaints about the quality of the signals and customer service, but overall the site seems to be legitimate.
Is it a legit or scam?
When it comes to online trading, there are always going to be unscrupulous people looking to take advantage of inexperienced investors. So, is ForexGrinder.com a legit or scam? Does accept USA traders?
ForexGrinder.com is a website that claims to offer an automated forex trading platform that can help you make money without having to do any work. All you need to do is open an account, deposit some money, and the software will do the rest.
Sounds too good to be true? That’s because it probably is. There are many red flags that should make you suspicious of this website and its claims.
For starters, the website itself is very unprofessional and amateurish-looking. There are no contact details anywhere, which is always a bad sign. And the “testimonials” on the site look like they could have been written by the same person – they’re all very vague and lack any specific details about how much money was made using the ForexGrinder system.
Then there’s the fact that this system has only been around for a few months, yet somehow already has over 2,000 members? That doesn’t seem likely.
And finally, perhaps most damningly, ForexGrinder does not accept USA traders. Why? Because if they were a legitimate company, they would be regulated by the US Commodity Futures Trading Commission (CFTC), and would therefore be subject to
Does accept USA traders?
The website does accept USA traders and offers a variety of features for those based in the States. The platform is user-friendly and designed for both new and experienced forex traders. There is a demo account available so that users can test out the platform before committing to real trades. The customer service team is responsive and eager to help with any questions or concerns. Overall, ForexGrinder appears to be a legit website that offers a good experience for USA traders.
What type of trading platform does it use?
The ForexGrinder.com platform uses the MetaTrader 4 (MT4) trading platform. MT4 is a popular forex trading platform that is used by many forex brokers and traders around the world. It is also available for use on mobile devices, which makes it very convenient for traders who want to trade on the go.
What are the spreads like?
When you are trading forex, you will see that there are two prices listed for each currency pair. The first price is known as the “bid” price, and the second price is known as the “ask” price. The bid price is the price that you can sell the currency at, and the ask price is the price that you can buy the currency at. The difference between these two prices is known as the spread.
The spread is what your broker will charge you in order to make a trade. You will always see the bid and ask prices quoted in pips, which is the smallest unit of change in a currency pair. For example, if the EUR/USD bid price is 1.3400 and the ask price is 1.3405, then the spread would be 5 pips.
In most cases, your broker will add a small mark-up to the spread in order to make some profit on each trade that you make. This mark-up is called the commission, and it will vary depending on which broker you use. Some brokers also charge a small fee per trade, known as a flat fee.
How is customer service?
When it comes to customer service, ForexGrinder.com is pretty hit or miss. Some users have reported excellent customer service experiences, while others have had quite the opposite. It seems that the company’s customer service reps are based in different countries, which may account for the inconsistency.
If you do need to contact customer service, the best way to do so is via live chat on the website. You can also email them at [email protected], but response times can be slow. There is also a phone number listed on the website, but it’s unclear what country it’s based in.
Conclusion
All in all, we can say that ForexGrinder is a reliable and legitimate website that caters to the needs of forex traders from all over the world. The website is easy to use and navigate, and it provides a wide range of features and tools that can be used by both experienced and novice traders alike. If you are looking for a safe and reliable place to trade forex, then ForexGrinder.com is definitely worth checking out.