BEWARE of BluSignals – review

BluSignals plansIn this review we explain our concerns about BluSignals Systems that are supposed to help you make profits in financial markets.

BluSignals Systems is a company that is selling three different trading signal systems: BluFractal, BluNeural and BluQuant.

According to the company these systems provide real-time buy and sell signals. Prices of these systems range between $97 and $197 per month.

Stay away

When researching about BluSignals we discovered several disturbing facts that convinced us to recommend staying away from this company and their products.

Fake testimonials

Testimonials are fakeOn the BluSignials website you will find testimonials from satisfied customers. But these reviews are obviously fake.

Look at our picture and you will see that the photo of the first alleged user is a photo stolen from a photo agency. This is not a picture of a real user or trader.

Illegal service

No license nor registrationWe investigated about the BluSignals Systems company that is allegedly based in New York. But there is no company with this name registered in New York.

No matter what BluSignals say in their terms and conditions, when you are selling trading signals, it is providing investment advice in its purest form. And this is a regulated activity that requires a license.

But we found no trace of BluSignals in any register, so it obviously is an unregistered and unlicensed company that is providing illegal investment services.

We highly doubt that you will find a BluSignals Systems office on Wall Street.

Age?

BluSignals webAnother problem is that BluSignals claim that their systems have consistently beaten benchmark returns since 1999.

Not only they don’t provide any proofs for this claim, but their website has been created in 2016 only. We are persuaded that BluSignals hasn’t been around for 19 years as they claim.

Conclusion

BluSignals is an unlicensed investment advice provider that is showing fake testimonials. Stay away from it.

If you are interested in financial trading, we recommend trading with regulated entities only.

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