Comments on: Pips Cloner Review – Pipscloner Scam?

By: Tim

Tim — Thu, 14 Apr 2011 15:22:29 +0000

I bought it and got a refund a month later. They trade like kids. Either they are thieves or they have no real experience trading fx.

By: Paul K..

Paul K.. — Mon, 11 Apr 2011 05:22:38 +0000

I wish I had Carl’s problem of no singnal. The signals I got stink. As of a few minutes ago, 11 open positions. the best one is only $0.44 – Can’t even buy a can of soda. The other 10 positions are going to put me around $220 negative. One of the things I hate most is there are no stops or indications of where he would like to take profit. If I didn’t have a trade of my own that was doing well, My broker would probably close all his positions due top stopout. It;s happened with his trades before. I am losing too much money from this. I do not recommend it to anyone. Another annoyance is the e0mails trying to dell me other peoples products.

By: LIONEL

LIONEL — Wed, 30 Mar 2011 14:41:38 +0000

I ORDER ALREARD CANCELLED ALL THEY DO IS THROW A HOLE LOT OF ORDES IN AND HOPE THEY GET LUCK

By: Carl

Carl — Wed, 30 Mar 2011 03:01:59 +0000

Hmm….have not received any signals for the last 2 weeks. I have been following some of the previous trades on my account and I am very disappointed to see a total lack of money management. No stop losses (or TP’s) are ever put it and if the trade goes the wrong way, then you can be hundreds of pips negative in floating. I noticed that almost all trades are done on orders. I must say that I am wondering if “live” trades are actually taking place. Maybe these guys have a robot running instead, or just place orders without proper analysis. Either way, very disappointing to see how they trade. I have started to enter my own TP’s and SL’s and had better success then, but I still don’t like this.

By: Glenn

Glenn — Wed, 23 Mar 2011 12:24:21 +0000

Yes, there has been a spate of similarly marketed unreliable systems in recent months. Whilst the purchase cost of these systems might be refundable, the cost of testing them on a VPS is not.

By: Olga

Olga — Tue, 22 Mar 2011 21:54:18 +0000

There is definitely “something rotten in England.” They have the art of scamming down absolutely pat and it gets me every time. Fortunately I always get my money back from Clickbank but even so, I am becoming very gun shy of anything emanating out of the “merry old motherland.” Now my results with PC’s “Live traders,” (if there really are any): Week one Profit/Loss History: Down 98.99 (75.89 plus; 165.35 minus) Floating.P/L: Presently Down over $1,000 (At last count Consistent losses almost exactly two to one against the winners.) Most of the trades don’t make any sense at all if there are live traders doing the trading and monitoring their trades.
So here’s what I think…This is another artfully presented scam by the same authors as Push Button Pips, Copy Paste Pips, Forex Cash Bot, etc. (they are being churned out weekly!) except this time with supposedly live traders since that’s the latest marketing gimmick. I don’t know how it’s done but I’m sure they enjoy the use of our money while they have it. I am absolutely astonished that Clickbank continues to sell these forex programs without some sort of insurance that they are dealing with honest providers. It must cost a fortune to operate their refund dept. I will not be purchasing another miracle program out of England again. What they sell sounds great but is EXTREMELY expensive in the long (and even the short) run.

By: RE

RE — Tue, 22 Mar 2011 09:39:08 +0000

2ND WEEK — VERY BIG DRAWDOWN — TO MUCH — REFUND TIME

By: Arthur

Arthur — Thu, 17 Mar 2011 18:57:47 +0000

Well,15 trades so far this week with 3 traders;currently about $375 floating loss.Hope things will improve.Currently 5 trades with small gains,3 with substantial losses & 1 with a small loss. Closed trades:3 with small profits,2 with small losses.

Excellent support though.

By: Wilber Wilhelm

Wilber Wilhelm — Thu, 17 Mar 2011 11:49:27 +0000

Why do I not receive the trade alerts. I got them one day and since then, NOTHING

By: David

David — Thu, 17 Mar 2011 11:01:08 +0000

Started off great in first week. Increased the demo account by 50%. Last night, however, it overtraded in the wrong direction on two very spikey pairs – USDJPY and USDCHF. Result = huge losses on these pairs which almost emptied demo trading account. Admittedly it has been a very difficult trading week, but this scale of loss shouldn’t happen even in the worst trading situation.

By: RE

RE — Sun, 13 Mar 2011 10:03:53 +0000

VERY GOOD 1ST WEEK — UP OVER 300 PIPS — I AM USING JUST I TRADER – Tim , intraday trades most of the trades closed within 24 hours. No problems to report. You can follow all trades live on mt4 live.

By: joey

joey — Fri, 11 Mar 2011 08:04:25 +0000

I have been using this for a week so far I am up about 100 on a very small account. I have 200 in floating profit as well. too early to tell if its a good buy or not but so far very impressed out of any robot i have tried

By: Karen

Karen — Thu, 10 Mar 2011 23:12:28 +0000

While it worked, I had a few excellent trades on my very small account, however Pipscloner crashed my MT4 platform and the longer it stayed on the more often it crashed. They’ve told me many times already that it works on the build I have but it definitely doesn’t and now that it’s off, all is working well. I even upgraded my memory on my VPS to make suret that was the problem but it didn’t make any difference. A new platform and re downloading all of my EA’s still didn’t help. It was definitely Pipscloner.

By: Thom

Thom — Mon, 07 Mar 2011 12:47:20 +0000

In reply to RE.

Oohh – an excellent Support…but only Losers in the Account!

By: Thom

Thom — Mon, 07 Mar 2011 12:44:47 +0000

Once again…
GBPUSD short with 0,71 Lot (!!) @ 1,6240…1 Hour later the next Trade GBPUSD short with 0,01 Lot (!!!) @ 1,6255.

Hey Guys, what´s a Moneymanagement?????
The first Trade 71 times higher than the 2. Trade!

Pips Cloner is soooooooo bad
And once again…2 BIG LOSSES!!
Now 8 Trades in the last 3 Days – all 8 Trades are BIG LOSER!
Pips Cloner – only made to destroy Accounts!!

By: bob

bob — Mon, 07 Mar 2011 09:21:01 +0000

Never seen support like this…amazing! Havent seen results yet but based on members area and support, I can tell this one will be one I’ll actually NOT refund for a change..

By: RE

RE — Sat, 05 Mar 2011 01:36:51 +0000

EXCELLENT SUPPORT – LIVE SCREEN SHOTS MT 4 — AISO EMAIL TRADES TO YOU IF YOU WISH – YOU CAN MAKE A CHOICE OF PERSON MAKING YOUR TRADES. GOOD IDEA TO DEMO TEST WITH DIFFERENT BROKERS IF YOUR RESULTS ARE DIFFERENT FROM THE MT4 LIVE ACCOUNT, SO FAR EVERYTHING UP FRONT — WILL SEE HOW IT GOES DURING DEMO PERIOD.

By: Thom

Thom — Fri, 04 Mar 2011 19:27:48 +0000

Sorry – the Trade GBPUSD was LONG!!!

By: Thom

Thom — Fri, 04 Mar 2011 18:14:24 +0000

Only 4 Trades in 2 days…all 4 Trade are Loser…The last Trade GBPUSD short @ 1,6245 closed @ 1,6242 with a lost. Only 25 Minutes later, these Trade was @ 1,6260…and can make a good win.

Is PipsCloner made for destroying the Accounts of the User?