How (not) to turn $3000 to $5000 in two weeks


This company and their website claim they can easily help you achieve just that (click for a slightly larger image)

So, whats wrong with this picture?

Forex or the foreign exchange market is one of the most profitable markets around. But unfortunately, the problem is that big fish gets bigger by eating small fish.

Anything that claims it can turn your $3,000 to $5,000 in two weeks without any magic, should be normally ignored on sight.

"Fill out the form and start making money now".

And few lines after these two bold statements, you can find "Please note that Forex trading involves substantial risk of loss".

How in the sane world can these three sentences be allowed in the same context?

To add the insult to injury if you scroll the mouse to the top right corner of the site bearing the Comodo security logo (obviously meant for instilling trust), you get the message that the security certificate is actually not available for this site.

Now, I stumbled upon this site through Google Adwords.

Forex ads run typically anything from $20 a click, up to $50-$60 per single click. So the kind of investment needed to run a business like this has to be huge. This site is no joke.

And despite all the shortcomings, people all over the world still get lured by these lucrative headlines and sign up for this and similar promises.

"Don't be greedy",  a lesson worth learning and remembering.


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Comments:

2 Comments

  1. Apr 5th, 2010

    $20 per click? Are you serious? How much a publisher get out of that 20

  2. Mar 31st, 2010

    Good heads up. These forex programmes/apps are gaining quite a momentum these past few months -- no thanks to penny stock pickings, but are they real or not, I can't judge as I don't indulge in them.

    But one thing for sure, your analysis on the site's apparent glitches, meant that anyone with the intention of reading those bold monetary statements with a healthy dose of salt.

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