Welcome to my 1000 Pip Builder review, my friend!
First of all, I must congratulate you for taking the time to do your due diligence to research before buying into any “seemingly good” product/service.
To be honest, I’m not as smart as you because back in the day, I’m the kind of person who’ll impulse buying a product/service that “I think” it’ll bring me substantial returns.
And I’m sure you guess it right, I GOT SCAMMED. Certainly, I was upset and got angry on the scammer, but when I took the time to reflect on myself, I think that’s all my fault.
If I can think rationally and do in-depth research on the Forex Mirror Trade MLM Company (The service I bought into), I might not be scammed.
That’s why I say you’re smarter than me.
But, if you’re already joined their service. Then, I think you’ll need my unbiased review on 1000 Pip Builder, and consider whether you should continue their service or quit ASAP. And find other better money-making opportunities.
Without further ado, let’s get started!
Table of Contents
Company Name: 1000 Pip Builder Review
What’s About: Forex Trading Signal Provider
Joining Fees: $97/month; $227 (3-month plan); $697 (12-month plan)
Founder/Owner: Bob James
Summary: 1000 Pip Builder is a well-known Fx trading signal provider. They’ve got an excellent reputation across the major reviewing platform like Trustpilot and Forex Peace Army.
However, due to the lack of the company’s transparency and they’ve no refund policy, I can’t recommend this service to anyone.
Overall SCAM Rating: 50/100 (Normal)
Recommended: Not Really
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What Is 1000 Pip Builder?
1000 Pip Builder is a Forex trading signal provider that launched in 2016.
They aim to help amateur traders reap the maximum benefits in the Fx market by providing them the powerful signals to gain consistent results with minimal drawdown.
They target to help you get a growth of at least 350 pips every month, with a win rate maintained at 70%, and that’s really appealing for most people.
They’ll send you 2~7 trading signals per day through SMS or email to tell you the exact messages on when to enter into the trades and when to exit.
Who Is Bob James?
How Does 1000 Pip Builder Work?
To give you a better understanding, I’ve created a graphic to illustrate how the process works out.
- Bob analyzes the trading signals and records them down.
- Bob’s analyst double-checks the data to ensure the signal is correct and viable.
- They also measure any risks related to trading to provide the most favorable outcome to the investor.
- They’ll send the signals via SMS or Email after all the checking is done.
- You implement all the strategies they provided to you.
As you can see from the graphic above, the process works pretty much automated. And you’ll learn the same strategies as Bob implemented in trading, internalizing his market knowledge as you go.
How Much Does It Cost To Join 1000 Pip Builder?
1000 Pip Builder has 3 membership plans that range from $97 to $697, as shown in the figure below.
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Customer Reviews on 1000 Pip Builder
Forex Peace Army
1) Everything Is “Done-For-You”
This program does all the heavy lifting for you. You don’t need to spend hours analyzing the data, which freak many people out of the trading journey.
All you need to do is wait for the signals and implement the tactics given by them.
2) Good Reputation
Just like I said earlier, they’ve good customer reviews on Trustpilot and Forex Peace Army, which is a great sign to prove that they’re providing quality and detailed signals.
As yet, only a few people are unsatisfied with their service.
This program is designed for all levels of traders.
You will get a bunch of detailed info sent to you to show you how to understand Forex signals and essential tips you can use to understand the markets as a newcomer.
1) Lack Of Transparency
Lack of transparency is the first & biggest downside of this company.
Even though they do provide enough information on their website, explaining what they’re doing, but they don’t include the most important information – Who’s the real person behind?
I know. Their current trader named “Bob James.” But how does he look like?
They only include an animated picture of “Bob” on the website, and I don’t think this is acceptable. That only leaves us one suspicion: Bob’s real name is not Bob.
In my opinion, if I’m I’m the one who has a successful business, I’ll let the world know that I am the one who founded it.
It’s crucial to gain trust from your potential customers by being honest with them instead of hiding something behind every people in your company. That’ll only put a big RED FLAG on your company.
2) Forex Trading Can Be Very Risky
The forex market is the biggest financial market in the world, with over 5 trillion trades every day, but it’s also the most volatile market compared to other markets.
That being said, trading or investing in the Forex industry can be risky for complete newbies who don’t have a solid financial background.
If you’re a beginner and decide to give Fx trading a shot, you should always trade at your own risk.
And most importantly, don’t get into live trading, if you can’t even prove to yourself that you can profit in the demo account.
Emotional intelligence, aka emotion control, plays a vital role in bringing you success in such a volatile industry. I am sure you heard this a lot from other professional traders.
Or else, you’re gambling your hard-earned money, not trading for more.
3) Their Track Record Is Unverified
They claim their signals are verified, professional, and undeniably profitable for the investors. But when I check their Myfxbook profile, I found that their track record is not verified (as shown in the figure below).
If the account is personal and only used to check trading strategies at a personalized level, then the strategies do not need verification.
However, if the strategies are to be made public or used for commercial and consultative reasons, they should be verified.
Without verification, that means this service is up to no good.
4) They Don’t Have Refund Policy 🙁
1000 Pip Builder doesn’t have a refund policy. When something terrible happens, or you’re unsatisfied with the service because of some sort of reason, you’re not able to ask for a refund.
1000 Pip Builder Review's Final Verdict: Is It A Scam?
My answer is NOPE. They aren’t a scam, nor a pyramid scheme.
They’re a legit learning platform that serves customers with the quality signals that allow you to quickly get into the Forex trading.
However, I think that the joining fee might be expensive for some beginners running on a tight budget.
Also, the Forex market is very volatile. If you don’t have any prior experience, and too money-minded, there’s a big risk for you to lose everything overnight. Emotional intelligence always comes first in Forex trading.
But, I believe with the assistance from 1000 Pip Builder, they can avoid you from unnecessary mistakes.
1000 Pip Builder Is Great. But Don't You Want A Better Option?
Kudos to you! You’ve just read 1500+ words and still counting. If you make it this far, I commend your commitment.
Meanwhile, I can also feel how serious you’re in finding a proper way to make money online.
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