Passive Income Earner Best investment ever. Prophet trading. Automated money

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SarahLu

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Yes this is what you told us before in the thread and it is important I clarify that yes, the source funds cannot be accessed by a person with the MT4 account credentials but once the funds leave the source and arrive in the MT4 account, the funds are at third party risk and any compunded funds too so uf £1k from source ends up as £80k after year 3, if it remains in the MT4 it's at a 'password change' risk. This is crystal clear now that I've gone through the setup process so isn't really a question anymore, I undertook to diarise my findings here so that's all my post is about.
I don't really understand these things...are you saying they could change the password and access the funds at any time?
 

Fort98

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Hello Fort98,

Great to know you've been hearing good things about this scheme.

Where have you heard them?

:)

Thanks,

The Reverend
Mainly word of mouth, couple of mates have heard about it and put money in and seem to be making profit, but i just wanted to try and find out some more info before i invested any money into it.
 

The Reverend

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Mainly word of mouth, couple of mates have heard about it and put money in and seem to be making profit, but i just wanted to try and find out some more info before i invested any money into it.
ah.... a couple of mates have told you about it.

And now you've joined this forum for additional opinion.

my opinion on this is shared plenty in this thread. Its worth reading it all.
 

Riddler

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I don't really understand these things...are you saying they could change the password and access the funds at any time?
At the moment all I can say is that they can change the password of your MT4 account if they wanted to, whether they could access the funds or not is something I''d need to look into further (I can do this tomorrow if it helps). If they can change the password but not access the funds then that would disincentivise them from changing the password but I am less concerned over that than I was on Friday since I've had time to reflect on the following;

1. Let's say they changed the password or I forgot the password, I should just be able to reset it using information that only I have, right? Such as address, source account etc.

2. When I give them my MT4 credentials and they put me onto the copier, couldn't I then change the password and keep it to myself?

3. They can probably only change 1 password at a time, before they got 'round to changing everyone's wouldn't there be suspicion in the chat room?

The more pressing concern as of today is this 500-1 leverage on my ICM account and whether or not that carries to the MT4 and also the tax question. When I said I was signing up I only knew about the 30% fee, then I discovered the £15 per month charge on top and then remembered that HMRC will also be wanting something so I'm busy weighing this all up at the moment
 

Riddler

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@Riddler

How are the trades going so far for you then?
No trades yet, not even sent my MT4 details to PFX yet, I've overcome my password risk concerns over the weekend but been a little preoccupied so haven't had a minute to get back to this but tomorrow I'll try and get the tax question answered, see if I can remove leverage from my account and then if all is well I'll send to PFX.

If in month 1 I made £100 on £1k I'd get £55 minus (after fees but excluding taxes) and so next month any profit would be on £1055. For not doing much that's not bad but it's barely half when I'm the one taking all the risk.

I'll keep you posted.
 

Fort98

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So, I have been doing some digging into this company and its owners.
From what I can tell this lad Jack Harwood breifly worked at a company called Opulence.


How long he worked there and when he started are unknown, but then he created the first version of prophet trading with Edward Elford.


This company was formed a few months after Opulence was formed, and from the companies information they both used the same virtual address, 20-22 Wenlock Road, London.

Jack, has also been in a few other companies shown here:


These companies are all companies he has been named on:




The one I find most insteresting is Cleverry LTD, he is no longer a part of this company, however the person he started it with is a woman called Vivian Mapa, a woman that resides in the Phillipenes. Make of that what you will.

Reading through the reviews on trustpilot was relatively interesting, probably around 50 percent of them are from the lincolnshire area around the same age as Jack. Again make of this what you will, along with that most of the reviewer are accounts that don't have much else in the way of reviews, just 1 review and its prophetfx, and again, make of that what you will.

I don't know what the rule is on here in relation to posting people facebook accounts therefore I wont bother.


It still seems relatively local to lincolnshire, speading a lot by word of mouth.

Also the prophetfx website is made by a lincolnshire local company called black poncho, whose owners name is Jed Lilley a minor league youtube star.



Just thought this was some interesting information and I wanted to see what you guys make of it.
 

Afcafc

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Never researched in great detail but I can tell you I've made 7k since I started in Feb. But If you're concerned about passwords or the company then please Don't join. It is better if you pass on this investment if you are not sure. Although I have made money FOREX IS RISK.
I have made my money back and taken out my initial investment like I was advised on here. I've not had a single losing month.

I don't work for the company so I'm not going to provide background information. I AM ONLY HERE TO TELL YOU ABOUT MY PERSONAL EXPERIENCE WHICH I HAVE .

£37 profit today.
 

Leon212

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So, I have been doing some digging into this company and its owners.
From what I can tell this lad Jack Harwood breifly worked at a company called Opulence.


How long he worked there and when he started are unknown, but then he created the first version of prophet trading with Edward Elford.


This company was formed a few months after Opulence was formed, and from the companies information they both used the same virtual address, 20-22 Wenlock Road, London.

Jack, has also been in a few other companies shown here:


These companies are all companies he has been named on:




The one I find most insteresting is Cleverry LTD, he is no longer a part of this company, however the person he started it with is a woman called Vivian Mapa, a woman that resides in the Phillipenes. Make of that what you will.

Reading through the reviews on trustpilot was relatively interesting, probably around 50 percent of them are from the lincolnshire area around the same age as Jack. Again make of this what you will, along with that most of the reviewer are accounts that don't have much else in the way of reviews, just 1 review and its prophetfx, and again, make of that what you will.

I don't know what the rule is on here in relation to posting people facebook accounts therefore I wont bother.


It still seems relatively local to lincolnshire, speading a lot by word of mouth.

Also the prophetfx website is made by a lincolnshire local company called black poncho, whose owners name is Jed Lilley a minor league youtube star.



Just thought this was some interesting information and I wanted to see what you guys make of it.
I know Jack when he worked for Opulence there are a Binary options signal company. All he did for them was get people to sign up and that was it. I know this cuz he got me to sign up to them
 

Riddler

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DIARY #2

Hi all just a quick update on this.

After careful consideration I've decided not to continue exploring this opportunity, the risk/reward isn't right for me. I am also not wanting to pay 30% plus £15pm from my profits each month whilst incurring 100% of the risk. The brochure (which I have already previously stated is outdated now) claims that 16.27% is the lowest profit the system has generated in a month since July 2018 when they went live but we've seen talk on here of 10% returns more recently (or roughly 5-6% after the fees but still excluding HMRC's slice).

You can't get even 6% on the high street at the moment so from that perspective this does look attractive on the surface but the level of risk and active involvement required isn't something I can be bothered with or currently give my time to. Ultimately I just wanted to load up £1k and then forget about it for 9/12 months each year but with this I can't do that.

Instead I'll be looking into where else I can put this £1k and generate similar returns for less cost, lest hassle and most importantly, less risk. 4% per month with a FCA regulated firm is more attractive to me than 6% with an unregulated one operating in the way PFX does. It's just my personal preference and requirement but good luck to everyone making money with PFX, I genuinely wish all the very best.

I'll start my own thread if I find something worth sharing but that's me done with this thread now.
 

Jon

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DIARY #2

Hi all just a quick update on this.

After careful consideration I've decided not to continue exploring this opportunity, the risk/reward isn't right for me. I am also not wanting to pay 30% plus £15pm from my profits each month whilst incurring 100% of the risk. The brochure (which I have already previously stated is outdated now) claims that 16.27% is the lowest profit the system has generated in a month since July 2018 when they went live but we've seen talk on here of 10% returns more recently (or roughly 5-6% after the fees but still excluding HMRC's slice).

You can't get even 6% on the high street at the moment so from that perspective this does look attractive on the surface but the level of risk and active involvement required isn't something I can be bothered with or currently give my time to. Ultimately I just wanted to load up £1k and then forget about it for 9/12 months each year but with this I can't do that.

Instead I'll be looking into where else I can put this £1k and generate similar returns for less cost, lest hassle and most importantly, less risk. 4% per month with a FCA regulated firm is more attractive to me than 6% with an unregulated one operating in the way PFX does. It's just my personal preference and requirement but good luck to everyone making money with PFX, I genuinely wish all the very best.

I'll start my own thread if I find something worth sharing but that's me done with this thread now.
Reading all of the above it looks like you have made the right decision.

If you were going to put £1000 in you would just have to accept 'well I might lose this' but even aside from that like you said once HMRC take their cut the numbers don't quite stack up!
 

Afcafc

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DIARY #2

Hi all just a quick update on this.

After careful consideration I've decided not to continue exploring this opportunity, the risk/reward isn't right for me. I am also not wanting to pay 30% plus £15pm from my profits each month whilst incurring 100% of the risk. The brochure (which I have already previously stated is outdated now) claims that 16.27% is the lowest profit the system has generated in a month since July 2018 when they went live but we've seen talk on here of 10% returns more recently (or roughly 5-6% after the fees but still excluding HMRC's slice).

You can't get even 6% on the high street at the moment so from that perspective this does look attractive on the surface but the level of risk and active involvement required isn't something I can be bothered with or currently give my time to. Ultimately I just wanted to load up £1k and then forget about it for 9/12 months each year but with this I can't do that.

Instead I'll be looking into where else I can put this £1k and generate similar returns for less cost, lest hassle and most importantly, less risk. 4% per month with a FCA regulated firm is more attractive to me than 6% with an unregulated one operating in the way PFX does. It's just my personal preference and requirement but good luck to everyone making money with PFX, I genuinely wish all the very best.

I'll start my own thread if I find something worth sharing but that's me done with this thread now.
What a beautiful reply stating the pros on comes based on your own thoughts. Yes it is a risk like you said which is too much for some people and you should only put in what you are comfortable with.
 

Afcafc

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Reading all of the above it looks like you have made the right decision.

If you were going to put £1000 in you would just have to accept 'well I might lose this' but even aside from that like you said once HMRC take their cut the numbers don't quite stack up!
What you have said might just have hit the nail on the head. (Apart from tax because of capital gains etc after you get to a certain point). I started with 3k and have now just paid of some more debt as I made 7.6k. But that may be a reason why the initial investment is going up to 5k so people will see gains quicker. But I know people in the group who have been succesful with 1k. Anyway once the decision for a 5k investment goes through then this chat should probably be closed as I only opened it when the initial investment was 1k and 5k is not as appealing to the average person( I borrowed btw which was a risk)

£14.56 made today
 
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Adam trades

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I have just started AI technolgy forex trading also but not with the company you recommened. I make residual income per week but only around 5% per week on conservative settings. I pay £130 a month for the software and vps server to run the software.
 

RickyRaj

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Have been lurking on this thread for a while and looked into some of the other Forex options out there. There are similar offerings but the outlay on this one seems a bit high to me. Having said that I am looking into Forex as a possible residual income option but in the meantime for less outlay you could easily copy other traders on social trading platforms such eToro.
 
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RickyRaj

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I have just started AI technolgy forex trading also but not with the company you recommened. I make residual income per week but only around 5% per week on conservative settings. I pay £130 a month for the software and vps server to run the software.
Can I ask who you used for this?
 

Jon

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Have been lurking on this thread for a while and looked into some of the other Forex options out there. There are similar offerings but the outlay on this one seems a bit high to me. Having said that I am looking into Forex as a possible residual income option but in the meantime for less outlay you could easily copy other traders on social trading platforms such eToro.
How much are you looking at putting down on this sort of thing?
 

RickyRaj

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How much are you looking at putting down on this sort of thing?
Well I've been playing around with eToro on and off for a while but now that I'm specifically looking at Forex I'm using my demo account which has a virtual $100,000 to test/play with. I'm trying out my own systems but also copying a trader I identified that has a pretty good record.
 

Jon

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Well I've been playing around with eToro on and off for a while but now that I'm specifically looking at Forex I'm using my demo account which has a virtual $100,000 to test/play with. I'm trying out my own systems but also copying a trader I identified that has a pretty good record.
Isn't following a trader a bit like following a Tipster but more risky. As I suppose instead of £5 bets you are putting thousands down here on this..
 

Adam trades

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@Jon I am up 6% so far this week. All my trades are algorithmic all i do is adjust my settings on the ai software, depending on market conditions (news etc ) turn the software on sunday and off friday sometimes wednesday. This is all automated trades and i have a vps server on my mac which runs the software 24/7.

I will post my pnl on a weekly basis here if you guys want.

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