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

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The Reverend

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I see you're back and still butthurt over this whole thing, although i quite enjoy how upset this is making you.
They are giving a service, its not for free. its at a cost. The cost of 30% of money that you wouldn't have had if you didn't use them in the first place. As long as you get back what you originally invested there is no issue at all.


You go, MattDamon.
 

Sherliarty

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The table is a bit high at 22% needs updating for me.

I would put 5 to be more conservative but even that can vary.

Still making money passively at the moment
This is just a question to all those who are taking part in this. I am not criticising anyone. I was just wondering why you chose this rather than something like a stock/shares portfolio. Last month from dividends etc I made 7%, my fees are 1% and I don't have to worry about taxes as it is in an ISA. I was interested in taking part but I don't think it is in my nature to take such risks! :) This has bitten me in the butt sometimes :eek: But I am unlikely to change lol
 

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This is just a question to all those who are taking part in this. I am not criticising anyone. I was just wondering why you chose this rather than something like a stock/shares portfolio. Last month from dividends etc I made 7%, my fees are 1% and I don't have to worry about taxes as it is in an ISA. I was interested in taking part but I don't think it is in my nature to take such risks! :) This has bitten me in the butt sometimes :eek: But I am unlikely to change lol
Out of interest what things have bitten you in the ass when it’s coming to investments?
 

Cas

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This is just a question to all those who are taking part in this. I am not criticising anyone. I was just wondering why you chose this rather than something like a stock/shares portfolio. Last month from dividends etc I made 7%, my fees are 1% and I don't have to worry about taxes as it is in an ISA. I was interested in taking part but I don't think it is in my nature to take such risks! :) This has bitten me in the butt sometimes :eek: But I am unlikely to change lol
For me its the fact that its quite passive, I have very limited knowledge of trading. The returns vary each month as well, the most I had is like 50% a month the lowest around 3% since June 2019.
 
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Afcafc

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Well done to all those who have joined and made profit. As the Op I have explained this process as well as I can. Few people have joined and they have been satisfied. Please can we stay away from the business side of things because we are clearly making money. It is not up to us to tell the company how much the fees should be etc. We Must pay 30% plus a £15 fee every month on profit made. Someone joined today and is learning the ropes. I made 43pound today. But he also knows it is not Risk free.
 

The Reverend

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Well done to all those who have joined and made profit. As the Op I have explained this process as well as I can. Few people have joined and they have been satisfied. Please can we stay away from the business side of things because we are clearly making money. It is not up to us to tell the company how much the fees should be etc. We Must pay 30% plus a £15 fee every month on profit made. Someone joined today and is learning the ropes. I made 43pound today. But he also knows it is not Risk free.
I think, as this is a forum of discussion, that people can discuss the fees. There has been a lot of mis-information (or lies, depending on how you understand the meaning of words) on this thread so it is good to have a bit of open discussion.

I recommend that anyone investing in anything DON'T avoid looking into the business side of things just because they are clearly making money.

I'd even go so far as any scheme where people are advised NOT to look into the business side of things probably has additional red-flags that should be highlighted.

Did you make £43 today or did you make £30? or £29.50? With all these numbers being bandied around, its hard to work out the fact from the fiction/truth from the lies/empirical data from made-up-numbers.

Have an excellent day.

:)

The Reverend
 

Money Saver Pete

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Interesting reading. Even if it is the Mail...


'Get rich quick Instagram 'trader' 'frauds more than 1,000 out of £3m'

 

Afcafc

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I think, as this is a forum of discussion, that people can discuss the fees. There has been a lot of mis-information (or lies, depending on how you understand the meaning of words) on this thread so it is good to have a bit of open discussion.

I recommend that anyone investing in anything DON'T avoid looking into the business side of things just because they are clearly making money.

I'd even go so far as any scheme where people are advised NOT to look into the business side of things probably has additional red-flags that should be highlighted.

Did you make £43 today or did you make £30? or £29.50? With all these numbers being bandied around, its hard to work out the fact from the fiction/truth from the lies/empirical data from made-up-numbers.

Have an excellent day.

:)

The Reverend
You have asked more than enough questions and you know exactly what you are doing. Like another post you are hurting for some reason and it is great to see. I am sure you have probably tried to close this thread many times yourself. Anyway go back through the threads and you will find your answers because you have 0 intentions of investing and your only goal is to put people off. I have been here for over 6 months providing proof when needed etc. Please Don't give us your rubbish about a health discussion.

Anyone else who wants to ask any questions please feel more than welcome. I think many people will agree that Reverend has had his time. :)
 

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I would say discussing how a business (who is running it, how do they deal with customer support etc) is pretty vital when you are potentially putting in a minimum of £3000 now

This isn't a reflection on you, it's about the business Prophet Trading and peoples experiences with them which you have nothing to do with.

Take a look around on here, People pull apart companies all the time, BeMyEye, Roamler, Field Agent, Profit Accumulator, OddsMonkey, Appen, Lionbridge, all sorts.

BeMyEye is known for putting out unrealistic work for stupid money and people do it and they get pulled apart everytime as it's unfair on people doing the work.

This sort of stuff is important, you might say how the business is run or customer care isn't, that's cool but to a lot of people who are lurking, it will be.
 

Afcafc

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I would say discussing how a business (who is running it, how do they deal with customer support etc) is pretty vital when you are potentially putting in a minimum of £3000 now

This isn't a reflection on you, it's about the business Prophet Trading and peoples experiences with them which you have nothing to do with.

Take a look around on here, People pull apart companies all the time, BeMyEye, Roamler, Field Agent, Profit Accumulator, OddsMonkey, Appen, Lionbridge, all sorts.

BeMyEye is known for putting out unrealistic work for stupid money and people do it and they get pulled apart everytime as it's unfair on people doing the work.

This sort of stuff is important, you might say how the business is run or customer care isn't, that's cool but to a lot of people who are lurking, it will be.
Ok maybe i did not explain it correctly. I am saying that the guys are commenting saying oh they have so much money why would they need other peoples? It is comments like these right? So Sam from proft acum has so much money why does he not just close down? no because he is a business man he has invested in a new tool to move the MB world forward. I get you want to do research on the company but it is questions like those if you understand.
 

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Ok maybe i did not explain it correctly. I am saying that the guys are commenting saying oh they have so much money why would they need other peoples? It is comments like these right? So Sam from proft acum has so much money why does he not just close down? no because he is a business man he has invested in a new tool to move the MB world forward. I get you want to do research on the company but it is questions like those if you understand.
Sam isn’t asking me to put in £3000 to join his “system” - he just wants £17 a month

saying “let’s not talk about the business” is just a giant red flag to people who might be interested in investing £3000 into this
 
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Afcafc

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Sam isn’t asking me to put in £3000 to join his “system” - he just wants £17 a month

saying “let’s not talk about the business” is just a giant red flag to people who might be interested in investing £3000 into this
I just explained what I was saying about the business and in the context I mean. With MB you are doing the work for a subscription and it is a completely different service. He teaching people how to rinse the bookies but should we get into the amount of people he has got addicted to gambling because that is HIS business. Some people cannot control themselves and will lose everything. So you can go more into detail about any business.

Forex is passive income so you need to put an investment in to make money back but you dont need to do any work.

I haven't just turned up yesterday and started posting but it is weird that I am getting the same questions from the same people (6 months later and both admin)

Anyway we are in draw down at the moment. :)
 

mikecmr

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I think people are just worried as on this thread there have been two stories of the exact same type of company doing rouge things with peoples money, this company are not on the FCA register which is a massive thing if you are investing.
 
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Afcafc

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I think people are just worried as on this thread there have been two stories of the exact same type of company doing rouge things with peoples money, this company are not on the FCA register which is a massive thing if you are investing.
I can totally understand that for a newbie. Forex is a risk and the common saying is only invest what you can afford to lose as there are no guarantees. Having been with them nearly 1 year and having initially taken a risk and borrowed on a credit card. I guess I am happy to have paid my initial borrowing off. But the company have given me profit month after month for nearly a year so I can't complain. But it is a risk yes.
 

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Interesting reading. Even if it is the Mail...
METRO Link for those that don't want to give the Daily Mail any clicks

Reading through this - suspicious minds could draw many parallels between this and P FX.

FCA Report Here which also contains information on how to protect yourself from forex scams

How to protect yourself
We strongly advise you to only deal with financial firms that are authorised by us, and check the Financial Services Register to ensure they are. It has information on firms and individuals that are, or have been, regulated by us.

If a firm does not appear on the Register but claims it does, contact our Consumer Helpline on 0800 111 6768.

There are more steps you should take to avoid scams and unauthorised firms.

If you use an unauthorised firm, you won’t have access to the Financial Ombudsman Service(link is external) or Financial Services Compensation Scheme(link is external) (FSCS) so you’re unlikely to get your money back if things go wrong.

If you use an authorised firm, access to the Financial Ombudsman Service and FSCS protection will depend on the investment you are making and the service the firm is providing. If you would like further information about protection, the authorised firm should be able to help.

Report an unauthorised firm
If you think you have been approached by an unauthorised firm or contacted about a scam, you should contact our Consumer Helpline on 0800 111 6768. If you were offered, bought or sold shares, you can use our reporting form.
 
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Afcafc

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Today's earnings £41
Account has grown to £4100 since the start of the month. Hopefully it continues.
 

Money Saver Pete

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Could somebody explain please so I can get my head around it...
The Prophet FX site says that they set you up with their broker IC Markets and that they are FCA regulated. But this company is based in Cyprus, so how are they regulated by the FCA?
 
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Cas

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Could somebody explain please so I can get my head around it...
The Prophet FX site says that they set you up with their broker IC Markets and that they are FCA regulated. But this company is based in Cyprus, so how are they regulated by the FCA?
Just found out some info, spoke to someone from IC markets.


IC Markets has 3 entities which are regulated by 3 regulatory authorities: IC Markets AU (ACN 123 289 109) (trading as IC Markets) holds an Australian Financial Services Licence (AFSL No. 335692) to carry on a financial services business in Australia, limited to the financial services covered by its AFSL. IC Markets (EU ) - regulated by the Cyprus Securities and Exchange Commission (CySEC) under the CIF Licence No 362/18. "IC Markets SC" - regulated by the Financial Services Authority of Seychelles with a Securities Dealer Licence number: SD018 You can find our entities overview information on the following link: https://www.icmarkets.com/au/en/company/entities

The company is Australian,but have offices in Cyprus and Seychelles.
 
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