1,000 PIP Climber System is a modern automatic forex trade detection system that alerts a trader when it is time to place a trade and how to place the trade. The vendors of this system claim that it continuously analyzes the market to identify a perfect trading opportunity. When it finds one, it notifies the trader, on the screen, through alarm and email.
It is equipped with all the necessary trade parameters like; take profit, stop loss, etc. It is designed to be followed mechanically. The price has been discounted to $97 from the former price of $299.
In order to prove their claims, the vendors provided a myfxbook account which ran from March 2017 to January 2018, after which it is no longer updated.
The important question is: Can this system be trusted to do the job?
1000pip Climber System: To Trust or Not?
After a careful analysis, there are some problems found with the entire system and its vendors. Some of them are:
Website Appearance
No Evidence of Trading
Negative Reviews
Website Appearance
The official website (www. 1000climbersystem.com) is just a one-page, cheap website. The vendors did not provide their office address or phone numbers. Only one email address ([email protected]) is provided as the channel of contact. Four user testimonials are provided but however, instead of real pictures, they used animated pictures which cannot be verified. This doesn’t look real and it gives the impression that the results are doctored. The question is: can you trust your hard-earned money with anonymous vendors who cannot be reached?
No Evidence of Trading
The only Myfxbook account provided by the vendors turned out to be a demo account which ran from 17th October 2017 to 18th January 2018. No evidence of back testing was provided. Their claim of 20,000 pips gained within 3 years is unfounded and cannot be proven. Traders wonder why the vendors refused to put their powerful money making system into trading using a real account. Again, since the demo testing stopped in January, why have they not commenced real trading till date? Is this an indication that this product has been retired? Traders would have loved to see evidence of current trading as well as the trading history of the 1000pip Climber System.
Negative Reviews
Many traders that bought this trading system did not enjoy the service rendered. Rather, they lost their money in the process. So, in different websites, there are negative reviews for the 1000pip Climber System. A user on www.forexpeacearmy.com claimed that it is no trading system but just a signal service.
Another review seems to sum up the feelings about this product:
Yes, there are some positive reviews, but after reading negative reviews such as this from actual users of this product, one would begin to wonder if some of the reviews which hail this product as a good one are provided by paid reviewers or actual users.
Conclusion
All the claims of the anonymous vendors of the 1000pip Climber System cannot be ascertained. There is very little that can be done in terms of verifying these claims. . They used a one-page cheap website and left no contact addresses or phone numbers. This is typical of most forex scammers. The testimonials presented on the website are likely to be bogus as the users left only animated pictures which cannot be traced to anybody. There is no evidence of trading with this system at all. The traders who bought the 1000pip Climber System returned negative reviews. Our verdict is to avoid this 1000pip Climber System as it is clearly a counterfeit system and cannot be trusted.