Is HFX academy legit or scam? a question that has puzzled a lot of people in the trading market. well not to worry as this article will give answers to that.
The Foreign Exchange market is one of the biggest Financial markets in the world, having a turnover of more than 6 trillion dollars.
That’s a lot of money in one place, and most people would like to be part of this commercial market but lack the experience or knowledge to start, and that is why we have the HFX ACADEMY.
HFX Academy is one of the leading currency and securities trading Academies in the world they offer a variety of services to enable their customers to become more knowledgeable about the foreign exchange market and become participants by taking some calculated risks and earning profits in return.
Some of the services rendered by HFX Academy include- some free learning academies, Live mentorship programs, and Trading strategies.
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HFX Academy Legit?
HFX Academy is legit, HFX Academy has the objective to Educate, Empower and enrich their customers to be competitive in the financial market, they fulfil this duty by offering different services to their clients to enable them to earn profits in the financial markets.
They are numerous testimonials on the potency of the training program.
Pyramid Scheme Program:
The Pyramid scheme program is a type of business model that is common in certain parts of the world. It works like this, They are bonuses and benefits given to existing members who bring new members, the main aim of the scheme is to get as many people as possible to join the scheme with the major aim of earning the bonuses and benefits that accompanies the New member’s registration fee.
This Marketing plan is illegal in most countries. The U.S FBI considers it a Franchise fraud and is seen as an investment fraud where individuals are given the right to market a particular product.
Is HFX Academy a Pyramid Scheme:
Firstly HFX Academy is not a pyramid scheme, but its Marketing model is somehow established in the same way as a Pyramid scheme.
The Academy offers lessons for currency and derivatives traders to learn and improve on themself. But you should take note of how you register for their programs, you should confirm if the site is their official website. Also, avoid third party registration from telegram groups and WhatsApp groups.
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General Reviews on HFX Academy:
Many people have made different reviews on the training programs and their recommendations about HFX academy we can deduce from the review the following;
- It offers some amazing service but most of its customers seem dissatisfied with the service they render
- Some of their customers view it as a fraud and believe that their only effective program is the marketing scheme.
Other FX Academy like HFX Academy:
If you’re dissatisfied with the services of HFX Academy here is a list of other Foreign Exchange Academies where you can learn about currency and derivative trading you can check them out
- Forex Signals Trading Academy
- Traders Academy Club
- Asia Forex Mentor Academy
- Daily Forex FX Academy
- Six-Figure Capital Academy
Conclusion
HFX Academy can be seen as legit to some people and also as a scam to others because the nature of trading involves a lot of risks, while it might be profitable for some it will definitely result in losses for others. Before signing up for the academy make sure it is the official website to avoid fraud and fake websites.
What is your review on HFX Academy?
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