Forex CashPower Indicator: Fake Reviews & Scam

Over the course of the previous several years, trading foreign currency has emerged as a very well-liked kind of investment. Because of the proliferation of the internet, trading currency pairs and turning a profit is now much simpler than it was ever before. On the other hand, along with this rise in popularity has been a rise in the number of scams and fraudulent operations.

The Forex CashPower Indicator is a deceptive marketing technique to deceive people. These fraudulent activities are run by these bogus platforms. There are many complaints against Forex CashPower. Since it is completely worthless.

The Forex CashPower Indicator is one example of a scam that has become prevalent in recent times. In the following paragraphs, we will talk about the frauds and bogus reviews that are related to this fraudulent indicator.

What exactly is the CashPower Indicator used for in Forex?

Traders can get reliable signals from the Forex CashPower Indicator, which is a trading indicator that is believed to make use of sophisticated algorithms to forecast market patterns and offers traders those forecasts. It is advertised to traders as a potent instrument that can assist them in making more profitable trades in the foreign exchange market.

On the other hand, it is clear that the Forex CashPower Indicator is nothing more than a fraudulent scheme the more closely one examines it. The assertions that the developers of this indicator are making are not backed by any proof or results that can be observed in the actual world.

28/11/2023 Update
As of now, Forex CashPower Indicator has not responded, nor has it apologized for its misdeeds. They have ignored our efforts to highlight the problems faced by their victims. Furthermore, they have only focused on propagating their fake PR.

Fake Reviews

Fake reviews are one of the methods that the developers of the Forex CashPower Indicator have used in their attempts to con naive traders into purchasing their product. These reviews are frequently published on websites and forums that are devoted to topics associated with foreign exchange trading.

These so-called reviews were made by persons who have never really put the Forex CashPower Indicator to use and are therefore completely unreliable. They are frequently compensated to write positive reviews in an effort to fool traders into believing that the indicator is genuine when in reality it is a scam.

Cons connected to Using the Forex CashPower Indicator

Not only is the Forex CashPower Indicator linked to phony testimonials, but it also appears to be involved in a number of other fraudulent activities. The so-called “signal service” fraud is one of the most popular types of cons.

Traders can frequently take use of a signal service provided by the developers of the Forex CashPower Indicator. Traders are claimed to benefit from the accurate signals that this service offers thanks to the algorithms that underpin the indicators. However, in practice, these indications are frequently dependent on chance and are not derived from any actual understanding of the market.

When a trader signs up for this service, they are typically forced to pay a monthly charge in order to use it. Traders will have access to exclusive signals in exchange for this price, which is intended to offset the expense of providing the service. Traders, on the other hand, frequently receive very little to no value in return once the fee has been paid.

Forex CashPower Indicator is supposed to be a nonrepainting system that has been labeled as a scam on the forex-station.com forum. According to its users, it is “really $hit indicator & repaints badly. It’s so bad even your trash don’t want it”.

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You can check out the whole thread here: 

Forex Cash Power Indicator? Has anyone tried it? (forex-station.com)

Archived Version: Forex Cash Power Indicator? Has anyone tried it? (archive.org)

What was an Incident – Forex CashPower Indicator?

The forum users warn against purchasing the Forex CashPower Indicator. However, the product has a good rating on Trustpilot. But can we really trust that rating?

Trustpilot has been in several controversies due to its exploitation by business owners. The website has been heavily criticized for publishing fake reviews and allowing companies to remove negative reviews for a fee.

Quora users also complain about the blatant use of fake reviews on Trustpilot.com

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An amazing piece was published by Mike Deri Smith in 2013, exactly on this topic:

Fake reviews plague consumer websites | Online shopping | The Guardian

Tom Calver & Andrew Ellson from TheTimes also published an article titled “Estate agents and banks ‘gaming’ feedback website Trustpilot”, which dwelled deeper into the issue:

Estate agents and banks ‘gaming’ feedback website Trustpilot | News | The Times

Review about Forex CashPower Indicator

Coming back to Forex CashPower Indicator, if you check out the user profiles of the people who have left reviews on their Trustpilot listing, you will notice that most of the users have no review history. In other words, these might be throw-away accounts made by the marketing team behind the Forex CashPower Indicator in order to manipulate the rating of the listing.

They are a “Verified Company” on Trustpilot and also have claimed their profile. Trustpilot allows its claimed profile holders to “flag” negative reviews. In simpler words, it allows paying users to remove negative feedback from the listing.

3 Total Score
Scam

Forex CashPower Indicator is supposed to be a non repainting system that has been labeled as a scam on the forex-station.com forum.

2.5Expert Score
Rating
2.5
3.5User's score
Rating
3.5
PROS
  • Branding
CONS
  • Fake Reviews On Trustpilot
  • Scam
Add your review  |  Read reviews and comments

I would strongly suggest readers avoid Forex CashPower Indicator.

11 Comments
Show all Most Helpful Highest Rating Lowest Rating Add your review
  1. ⭐⭐⭐⭐⭐I am a client of Cashpower Team, contrary to this post I can say that they are very professional and attentive.

    THEY DO A HARD WORK AND IN ADDITION TO OFFERING A LIFETIME LICENSE FOR A VERY AFFORDABLE PRICE, THEY EVEN OFFER FREE UPDATES TO FUTURE VERSIONS.

    I’ve been a customer for a long time and I know almost everyone who is part of the support team.

    (You who created this post seem to be one of those people who between 2020 and 2023 tried to make money by selling a fake copy of the cashpower indicator and that’s why your website or blog was banned by takedown for INFRINGING INTERNATIONAL COPYRIGHT AND CREATION RIGHT LAWS .

    This is so you know that there is a law that guarantees the right to use the image of whoever created the software or any other online business.

    IT IS CERTAIN THAT YOU ARE USING THIS POST JUST TO TRY TO HARM CASHPOWER BECAUSE YOU HAD YOUR WEBSITE BANNED FROM THE INTERNET FOR BREACHING COPIGHTY LAWS AND TRYING TO SELL A FAKE COPY USING THEIR IMAGE and that will not happen because they are very professional and work hard on their software and even guarantee free versions in the future.

    As a strong former customer of theirs, I will still report this attitude with false accusations about TRUSTPILOT to the company trustpilot, which can take legal action on what is being alleged here.

    Como cliente antigo da Cashpower finaliza dizendo que eles sao extremamente profissionais e por isso PROTEGEM SUA IMAGEM ATRAVEZ da lei de copyright DMCA.

    Recomendo a todos este indicador de forex e DESTACO QUE UMA DE SUAS REGRAS É PROCESSAR REEMBOLSOS A QUALQUER MOMENTO QUANDO O CLIENTE SOLICITA e obvio apos isso sua licensa de uso pela vida toda sera cancelada.

    Parabens Cashpower pelo trabalho duro e respeito aos clients!!!!
    As an old Cashpower customer, he concludes by saying that they are extremely professional and that is why they PROTECT THEIR IMAGE THROUGH the DMCA copyright law.

    I recommend this forex indicator to everyone and I HIGHLIGHT THAT ONE OF ITS RULES IS TO PROCESS REFUNDS AT ANY TIME WHEN THE CUSTOMER REQUESTS and obviously after that, your lifetime use license will be cancelled.

    Congratulations Cashpower for your hard work and respect for your customers!!!!
    ⭐⭐⭐⭐⭐

  2. Rating
    100

    THIS PAGE WAS ASSEMBLED WITH THE ADMINISTRATOR’S AUTHORIZATION ONLY TO HARM FOREX CASHPOWER INDICATOR.

    ALL REVIEWS IN TRUSTPILOT ARE LEGITIMATE, YOU CAN PROVE THIS BY SEEING THE NEGATIVE REVIEWS TOO.

    THIS TOPIC WAS CREATED BY A COMPETITOR WHO SELLS FOREX PRODUCTS AS WELL. THIS IS JUST UNFAIR COMPETITION PRACTICED BY A VERY BAD PERSON.

    IT PRACTICES UNFAIR COMPETITION BY CRITICIZING OTHER FOREX INDICATORS.

    I AM A CASHPOWER CUSTOMER AND THEY ARE ABSOLUTELY EXCELLENT IN THEIR SUPPORT AND PAYMENT REFUND IS GUARANTEED IF YOU DO NOT WANT TO KEEP THE USE LICENSE.

    CASHPOWER IS PROFESSIONAL AND EXCELLENT.

    YOU CAN TRUST. THIS POST IS JUST CREATED BY AN EVIL PERSON.

    Cashpower team is Refunded garanted and excelent NON REPAINT INDICATOR!!!

    + PROS: REFUNDED GARANTED LIFETIME LICENSE FUTURE VERSIONS UPGRADES FREE GREAT ANS FAST SUPPORT
    Helpful(1) Unhelpful(0)You have already voted this
  3. Reply
    Don't Trust fake reviews
    January 5, 2023 at 6:50 pm

    Once my friend got trapped in a business where he was asked to post fake positive reviews about the company and was earning well. But the game changed when he invested in an MLM scheme after reading a fake positive review about the platform which cost him a loss of $ 5000, bad intentions pay off!

  4. Rating
    10

    The 5 star review is lying. There are no refund guarantees. I tried to get a refund but they didn’t respond to my request.

    Helpful(0) Unhelpful(0)You have already voted this
  5. Rating
    10

    Forex cash power has been adding fake reviews on its profiles just so it can get more victims. I request everyone to avoid these scammers.

    Helpful(0) Unhelpful(0)You have already voted this
  6. Rating
    10

    Total scam. All the money I spent here went to waste. Forex cashpower is the worst place you can spend your money on.

    + PROS: No
    - CONS: Waste of money
    Helpful(0) Unhelpful(0)You have already voted this
  7. Rating
    100

    WARNING:
    THIS POST IS A ONLY RETALIATION AND UNFAIR CONPETITION TO ARMY CASHPOWER INDICATOR

    FOREX-STATION.COM Retaliate Forex Indicators Sellers? Ilegal Manipulated content to harm competition.

    FOREX-STATION.COM Retaliate Forex Indicators & EAs Sellers? Ilegal Manipulated content to harm competition.

    FOREX-STATION.COM Use Forum to Retaliate Forex developers Sellers with manipulation content in his websites. They MANIPULATE content PRACTICE ABUSIVE conduct with RETALIATION against forex product Expert Advisors and Indicators developers and coders with Ilegal and abusive conduct use forum to army Forex Stores, forex companies and paid products with a unfair competition in niche.

    Forex-station.com Do they practice unfair control ?? Admins use forum to Retaliate Forex product developers with manipulation contente in his websites.

    One complaint that needs to be highlighted and brought to everyone on the internet is that the #forex-station com Forum managed by Jimmy, Mrtools, Xard and Mladen is being used to make fake reports and defame another Forex paid products in niche ( who sell their products as Indicators and Expert Advisors ) for their own benefit with unfair competition in the niche.

    But they advertise as free download mt5 indicator, mt4 indicator, non repaint indicator Expertadvisors for Free, but actually start charging for the downloads ? So this is why they use forum to defame and harm paid products in other forex stores ?

    They manipulation of negative reviews, comments and clients logins inside #forex-station in order to damage the image of others products, forex stores for their own interests and to benefit from the traffic on Google and to get more sales of downloads pakpage.

    Actually was FOUND the big reason of the content manipulation done by this forum, based on a report in a RELIABLE forum ( Forex Peace Army ) from one user available at this link:

    https://www.forexpeacearmy.com/review/goto?id=163699
    https://www.forexpeacearmy.com/forex-re … ion-review

    As the report made by one of the users of the forex-station.com forum shows, the administrators and owners of the forum who control the content and block login of members without notice, HAVE THE INTTENTION TO SELL DOWNLOADS of Free Indicators and Eas, there is also the possibility of spreading viruses within these downloads like show the user. SO DO NOT RISK THE SECURITY OF YOUR COMPUTER BY DOWNLOADING FROM THIS WEBSITE.

    Once again reinforce here the manipulation of the forum administrators and also the retaliation through stimulation of negative comments by users who have infringed our copyright in the past and are using this forum to continue harming us with this CLEAR RETALIATION AND DIRECT ATTACK APPROVED AND PROTECTED BY THE FORUM OWNERS for revenue interests and unfair competition in the business of Selling Forex Products.

    This link above is a evidency that #forex-station.com make UNFAIR COMPETITION to make money by selling downloads and collecting traffic from google via Keywords of others bad reviews that they publish and like show the REVIEW with the link above. As stated in the review posted by another forum user, DOWNLOADS CAN BE SUSPECTED, so dont risk your secret and pesonal files and content and data,files of your computer at risk by DOWNLOADING ANY FILE INSIDE THIS WEBSITE FORUM MANIPULATED that show unfair content control and competition practiced by the admins that is a Illegal and Unlawful !!!

    Another point that points to a manipulated retaliation is to pay attention in the forum: when a post title seems to have a negative intention, notice that all posts in the topic will only have negative posts and there will never be the opposite part of the subject with any positive comment or with compliments. This is a clear situation of content manipulation. This content must be considered by everyone interested and involved in this type of issue and taken to as many people as possible through sharing this post on social networks and other forums.

    if you have read this post and have witnessed some kind of very abusive situation in this #forexforum #forexindicators , forex sellers, stores owners who work in the Forex Niche, forex traders who in case they suffer retaliation or unfair competition or any abusive tratice attempt to leave their testimonial in this topic or share the content that is hurting and harm Companies that Develop and Market FOREX Software and products.

    As such an attitude in a forum where all content must be posted, positive and negative comments, this attitude of manipulating content for one’s own benefit deserves this website #forex-station.com to be banned from the internet.

    Share it!

    + PROS: GOOD INDICATOR REFUNDED GARANTED LIFETIME LICENSE NON REPAINT SIGNALS SUPPORT FAST RESPONSES
    - CONS: THIS TOPIC AS CREATED BY SCAMMERS ONLY TO ARMY CASHPOWER INDICATOR COMPANY WITH ILEGAL UNFAIR COMPETITION!!!!
    Helpful(2) Unhelpful(0)You have already voted this
  8. They even DELETE your complaints on there. I don’t trust Trustpilot for even a sec.

    No wonder scammers like forex cashpower indicator are pumping out fake reviews on that platform.

  9. Reply
    Don't trust Forex Cashpower
    December 5, 2022 at 3:33 am
    Rating
    10

    Using fake reviews to promote your product is such a misleading tactic.

    I hate when companies resort to lies just so they can hide just how horrible their product is.

    Thank you for exposing their lies.

    Helpful(0) Unhelpful(0)You have already voted this
  10. Forex Cahspower Indicator is like the worst indicator you can get. It is sh1t and this is coming from a guy who has been trading for over 10 years.

  11. Rating
    10

    Yes, they are leaving fake reviews on their Trustpilot page. There is no way this scam has so many supporters. They are the worst service provider in the entire forex industry.

    Helpful(0) Unhelpful(0)You have already voted this

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