Forex Hercules Review Is Forexhercules.com Legit Or Scam

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Forex Hercules System review – avoid this poor SCAM

In this Forex Hercules System review we have a look at the latest scam of Rita Lasker.

Table of Contents

What it is about

Lasker is offering you her trading system called Forex Hercules. She says that it can make you hundreds of pips per day and thousands of pips per month.

The system will generate trading signals that allegedly can make you more than 4000 pips per month. Forex Hercules is sold together with Forex Info-Master for $99. Is it worth it?

Forex Hercules System scam

No, the system is not worth a penny, because it is a scam. There are two big red flags that we will go through.

Fictitious results

Lasker says her Forex Hercules System can make 4000 pips per month. Well, you don’t really need to read any reviews to see that it is total BS.

4000 pips mean 40,000 dollars with just one standard lot traded. Say you risk 20 pips per trade, so to risk only 2% of your capital per trade, you need 10,000 dollars to start.

So, Lasker is basically saying that even with a conservative risk strategy her system can make you 400% per month. This is something that the best investment funds won’t make in a year! Yet, you are supposed to trust this anonymous woman on the internet that she is the best trader in the world?

Will somebody who is able to make 400% per month be selling their trading secrets for $99? Of course not! Forex Hercules System is a scam!

Rita Lasker is a scammer

The second red flag is the name Rita Lasker. It is not her first fraud, we have already reviewed the Forex Daily Robot scam.

What is important here, is that Rita Lasker does not exist, it is a fictitious character. The real identity of scammers who are behind this system remains hidden.

Take a look at our picture to see that the alleged picture of Lasker is in fact a stock photo that anybody can buy.

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Forex Hercules System review conclusion

Rita Lasker is a scammer, Forex Hercules System is a scam, don’t throw your money out of the window by buying it!

No free or cheap trading system will make you rich quickly. Profitable trading is something that you have to learn, always start on a demo account and practice with virtual money.

You have to remember that trading with real money is risky, so be careful and build a solid strategy.

Forex Hercules System Review

Forex Hercules System is an automated trading indicator that was developed by a notorius duo; Rita Lasker and the Green Forex Group located 1531 Concord Pike #303 0, Wilmington, DE, US. To get in touch with support email at [email protected] Official website ritalasker.com.

Forex Hercules System Review

Forex Hercules Review

Forex Hercules System is a Forex indicator and robot package that will serve as an aid to trade popular currency pairs like EURUSD, GBPUSD, EURJPY. Forex Hercules System maintains a single package and a bonus offer-“Forex INFO-MASTER Device” for manual trading. The package is sold at a price of $69 which is actually pricey and within the average in the Forex indicator market place.

The automated indicator works on intraday timeframe M15, M30, H1. Intraday Timeframe have advantages which include lots of trading opportunities, less chance of losing months and no overnight risk. But you should consider that the transaction costs will be much higher (more spreads to pay).

Forex Hercules System Strategy

During our check on the Forex Hercules System, we saw that they 3 indicators strategy is a basic one. We did not see them mention important indicators for technical analysis.

Technical analysis is a method of examining past market data to help forecast future price movements. Using different tools, indicators, and charts, traders can spot important price patterns and market trends, and then use that data to anticipate a market’s future performance.

What more, popular indicators for technical analysis show positive and negative divergences to spot changes in trend direction, strength and momentum of a market. DaxRobot is a popular robot that works with a couple of indicators for technical analysis, see here.

Forex Hercules System Result

Forex Hercules System provides chart result picture showing profit points. They fail to provide a verified result.

Forex indicators should be verified by third party statement sharing services like myfxbook and FXBlue.

Verified results on myfxbook show important details like P/L ratio and drawdown that traders can compare. You can also track the result before actually buying any software.

Here we see screenshots that we are not sure is for the Forex Hercules System.

Forex Hercules System Result

Compare Forex Software Tool

A proven way of making money with Forex Currency trading is dealing with reliable tools, see here.

DaxRobot is currently the most popular CFD and Forex automated trading robot, that was designed by European software, see more. There are no actual trading result because the variable are too numerous. Signup for a free demo at daxrobot.com.

If you are using this Forex Hercules System let us know how it performs with you below.

ForexHercules.com Review

Website is down. Company seems to be out of business.

  • 1 Performance
  • Live Discussion
  • Video
  • 13 Widgets
  • More .

Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Forex Hercules -2.3 6.9 -14.857

Performance results may be delayed. Please click the test to see detailed current report.

Live discussion

Join live discussion of ForexHercules.com on our forum

Video

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Let other traders know if this service is worth checking or should be avoided.

Your feedback matters!

Consumer Reviews

Purchased this EA because the numbers looked good at first. Ran it on a live account for two weeks. Lost 20% of the account by taking absolutely nonsensical trades. I do both manual and EA trading (I have separate accounts for each method) and this trade copier is a stinker. Their support kept asking me to give it more time as I kept hounding them for a refund. I finally received my refund after several attempts.

There is no way professional traders are running this account. If they are, they will be out of business soon.

Oh and for those of you out there struggling with the refund process, remember:

Use Clickbank to make purchases, they will back you up
Keep checking back to change request from technical support back to refund. EA sellers LOVE to do this as an attempt to prevent you from following up on your refund. Most will change ticket to “technical support” from “refund request”. Just go in there and keep changing it back until you get your money.

Hope this helps

After about 7 weeks of testing I was very unhappy with forex hercules so I asked them for a refund. I opened a ticket at clickbank with my refund request but forex hercules closed this ticket immediately with the following comment:

“First of all let me explain the 60 day Money Back Policy:

Trade Forex Hercules Robot on a DEMO account (they are FREE to open with any FX
broker) or live account, as you wish, for 30 days. If you are not happy with the
results, NO MATTER what they are, send us your account statement within 60 days
of purchasing and we will give you a FULL refund – no questions asked.”

On their site they advertise their product with a “no bs no questions” 60 day money back policy. They have closed my refund request many times but finally I got my money back after contacting clickbank. In my opinion these guys are cheaters.

I told myself no more EA’s. Self trading last 2 months @75% return/mo. But driven by the stresses of not earning anything over the last 18 months, I had high hopes that this work help in concert with my own trading. As all can see, what ended up being the case was me having to recover the losses of this product. In addition, the setting do not operate correctly. I set the max open trades to one micro lot, yet it was opening several positions at a time.

When I contacted support they instructed me to save my settings and check what happens. I’ve been using MT4 since 2007 and knew that that wasn’t going to change a thing, so told them I thought that was an unacceptable response to my problem. They said they couldn’t help me if I didn’t do that. So did and surprise!! No change. I sent in copies of the log showing the that the EA was continuing to do the same and everyday for a week I sent emails stating the number of trades it was opening without reply. Finally receive reply reading “So what its doing is allowing more then one trade per currency pair. The feature/setting is disallowing multiple currency trades of the same pair. If you wish to reduce your risk lower your lot size and see if this will work.” It was actually taking multiples on the same pairs as well. So there’s the ‘World Class’ support they offer. Can’t get any smaller position than 1 micro lot. I shut it down and have been monitoring performance. As my account builds, they keep taking losses. If there is human interaction they are sleeping. They let positions run when the market has reversed nor do they appear to do anything with the stop losses once set. Site claim no more than 7% draw down. They’ve lost around 500 pips in the last 2 weeks.

The other issue I had was that the product wasn’t delivered with a manual or the bonus (garbage) software. Took 3 emails to get all.

Folks, don’t waste time with contacting them directly to get your refund. It appears they will drag it out past your sixty days. Contact ClickBank directly. Previous experience with other companies has proved that the vendor will change ticket to support even though they promise no questions asked, but just keep making your request and ClickBank will honor. Next, I contact ClickBank.

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