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Forex Scorpio Code Is a Scam and No One is Making Money

forex-scorpio-code-logo

Ahhh, another training platform for the trading game.

How many are these gurus going to release? A lot, because people still fall for them even though most don’t work.

But the big question is: is the Forex Scorpio Code legit or another big fat scam?

Furthermore, is it going to actually work and make you money?

Because I bet that’s what you’re dying to find out.

In this Forex Scorpio Code review I’m going to debunk this system and write down my findings.

Lets do it.

At a Glance


Name: Forex Scorpio Code

Website: www.forexscorpiocode.com

Founder: Vladamir Ribakov

Price to Join: $999

My Rating: 0.5/5 stars

0.5 out of 5 stars

About Forex Scorpio Code


Who Created this System

Vladamir Ribakov is the name behind Forex Scorpio Code.

Vladamir is a professional trading mentor and has been in the game for over 11 years.

He’s done hedge funds and brokerages but decided to fulfill his destiny by training other would-be traders so they can reach their dreams of attaining financial freedom as well.

Although might I add that the registration name has been set to private, Vladamir still claims he owns this program on his personal blog page.

When did it Launch

It is really new to be honest, with the registration date being 2017-07-26.

All reviews have come out late 2017, however, I can’t find any for 2018.

Forex Scorpio Code is receiving little to no organic traffic and is only ranking for 5 keywords.

Upon further investigation, 56% of the sites visitors are coming from direct, 25% from referrals and 12% from paid advertising.

Traffic stats:

forex-scorpio-code-traffic-sources

Why did Vladamir Create it?

Vladamir Ribakov discovered that there were an increasing number of people trying to find out how to successfully trade Forex, however, all they were left with was scams and misinformation.

Now he’s happy as ever that people are actually following in his footsteps and creating immense wealth with his system.

English is not his native language but makes an emphasis that trading is an international language anyway just because it so easy to understand and learn the ropes.

What Do They Claim Over at Forex Scorpio Code?


They claim that:

  • A “new indicator makes trading Forex faster, easier and 10x more profitable”
  • You can earn $14,407.76 every month and become a millionaire in a short period
  • Complete beginners can jump in, learn and start making money the same day

So What Exactly is Forex Scorpio Code?


Might I first add that there isn’t much information regarding this typical system.

In fact, most reviews I could find were from people trying to praise the system just to make a quick buck.

There are even SPUN articles sitting at the top of Google that people looking for information are going to see, and learn nothing because these articles don’t even make sense.

However, lets move on…

Forex Scorpio Code is a system that teaches you all the ins and outs to foreign exchange trading.

It consists of physical products that are actually shipped to your address rather than digitally.

There are 4 DVDs and a manual.

Apparently it offers one of the biggest marketplaces within the trading space so you’re able to get all the information you need quickly and efficiently.

They offer regular webinars and updates on the system so it doesn’t get outdated and obsolete.

What You Get Upon Ordering


40-Page Trading Manual

The trading manual shows you the basics of trading, the expert advice and everything in between.

Vladamir cuts out all the fluff and gets down to business, so you’re not left wondering what you need to do because everything is easily readable and easy to digest.

#1 DVD – Introduction

The first DVD introduces you to what you have just bought and what you’d expect to see in the upcoming 3 DVDs.

It lays everything out for you, showing you where to access what.

You can skip straight to a specific area that you don’t know so you can consume the information you need as quickly as possible.

#2 DVD – The Rules

This is where you learn all the rules you need to know about Forex trading.

You’ll learn what situations to avoid, how to get out of them if you’re stuck and what you should always be looking out for.

It is probably the most important so definitely don’t skip this DVD.

#3 DVD – The Examples

Vladamir literally goes through every possibility of a trade, keeping you in the loop as to what you’re actually doing and why rather than just saying “do this because I said so”.

This DVD is so important because he’s actually showing you why he does things.

#4 DVD – The Trade

Over-the-shoulder training is a great way to explain what the heck you’re talking about.

In this DVD Vladamir walks you through how he does things and even shows what you need to do.

This is the most fun part, as you’re actually watching him do it in real-time, almost like you’re sitting there next to him as he does his magic!

Private Members Area

In addition to the physical products, you are also granted access to the online members area.

Here you are kept in the loop on new updates and what you need to do next.

It offers a lot but the ones worth highlighting are:

  • Regular downloads
  • Progress gifts
  • Live webinars
  • Recorded webinars
  • Trade examples
  • Support
  • Manual
  • DVDs
  • F.A.Q section

Any Red Flags?


Promises of getting rich fast – Vladamir has slapped phrases all over his landing page like: “you’ll get rich fast”, “make $14,000 per month”, “complete newbies can jump in and start making money today”, etc.

The saying “if it sounds too good to be true, it probably is” couldn’t be anymore correct in this instance. This is a big red flag in my books.

Every man and his dog promoting it – I’m struggling to find someone that’s ACTUALLY done proper research on this system and provided their unbiased opinion.

Everyone is trying to promote the hell out of this system and it’s making potential buyers run for the hills, especially with a hefty price tag like this!

Nobody has proof of earnings – Like I said, everyone’s claiming that this program works but nobody has proof other than statements like; “it will change your life”, or “you will solve all your financial troubles with this system”.

I mean, at least TRY to sound believable instead of coming out with massive claims and nothing to back them up with.

Are People Really Making Money?


There are no claims from real people saying they are making money but there is definitely more than enough saying “it is the best training platform on the market for binary trading and it works 100%”.

The proof is in the pudding.

There is simply too many claiming it is just the best, and no one coming out and saying they are actually making money with it.

They made it too easy for me.

Nobody is making money with Forex Scorpio Code other than Vladamir himself and his affiliates who are promoting it to every man and his dog!

Does it Cost to Join?


It costs $999 for the physical products (manual and DVDs) and access to the private members area.

They do not offer a free trial or even paid trial, however, it used to be on Clickbank but not anymore (meaning it was eligible for the money-back guarantee).

More on that in a second.

Pros and Cons


Pros

  • Regular updates and webinars in the members area

Cons

  • A very high-risk investment
  • The cost is way too high
  • Requires even more money before you can start trading
  • Not good for newbies, even though Vladamir and his affiliates claim it is
  • Nobody is saying they are earning money from using this system

Is Forex Scorpio Code a Scam?


I performed some hefty research on this system before coming to my own conclusion.

I thought it was legit but the matter of fact is; everyone is just promoting it and milking it for everything it’s got.

There is no proof of earnings, no unbiased reviews, NOTHING!

People are also claiming that it is on Clickbank but it definitely is not…well, not anymore anyway.

Why, I wonder…

Was it removed due to everyone requesting refunds, or did the Clickbank team find out it was a massive scam?

These are the questions nobody is answering. Everyone is keeping it quiet and I know why.

Forex Scorpio Code is a big fat scam and nobody is making money with it!

Scam logo cooltext

What I Recommend


Don’t turn away just yet because I know you truly want to live the American dream and all these shiny objects are taking your dream away from you with every passing year.

These types of high-ticket scams are out to do one thing, and that’s to make a lot of money in a fast amount of time – both for the owner and their affiliates (but mostly the owners).

I know you’re lost on what direction to go and I’m here to tell you that making a living on the internet is truly possible.

You do not need to recruit your friends and family, or spam your links on forums and social media platforms.

In fact, you can actually own something you can be proud of WITHOUT recruiting a single person.

Build a website, create content, attract visitors with free search engine traffic and earn commission with affiliate marketing.

Your website is yours to keep for life so it cannot be taken down and your earnings are based on how many articles you create.

The world is your oyster when you go this route, which is why I can’t recommend it enough!

Wealthy Affiliate is where you can build a successful online business, the kind that allows you to quit your day job 😀

Check out my review on the Wealthy Affiliate

Well thanks for reading.

I’d love to hear your thoughts on this system. Leave all your questions and comments below!

20 thoughts on “Forex Scorpio Code Is a Scam and No One is Making Money”

  1. Brandon,

    Thanks for the brutal honesty about this one. I’m always seeing ads for all of these “Forex” tip platforms and people pretending to make some absurd amount of revenue when really they are pulling in nothing.

    I’ve been following your site since the very beginning to make sure I stay up to date with what scams are out there, you have kept my eyes open wide and I know not to fall for their absurd schemes. The only real platform that I have found to be beneficial is Wealthy Affiliate!

    Thanks for the info.

    Reply
    • You’re very welcome Tyler.

      Sadly, that’s what most of the top guys are doing (promoting the hell out of these scams with ads), and turning over thousands and thousands of dollars in a fast amount of time leaving the ones who actually try use the system on their own to fail miserably.

      Reply
  2. This is a pretty intense review! I love how you were able to break it down and show how it is a scam. There is so much out there that promises a lot but under delivers.

    Reply
    • Definitely, Tyler. So many of these systems promise you thousands of dollars per day but in reality you’re left with the big zero, and that’s after you’ve spent hundreds of dollars (sometimes thousands) AND weeks trying to make it work.

      Reply
  3. Lots of great information Brandon, I have tried many things online and off including forex trading they say you can make a lot of money they don’t say you can lose it twice as quick. There are a lot of scams out there and it’s hard to pick the genuine opportunities. I have recently become involved with WA and what you say is spot on.
    All the best in the future
    Shane

    Reply
    • That made me chuckle because that couldn’t be any more true.

      Yes, it is definitely possible to make money trading but it’s also possible to lose it twice as fast!

      That’s why I created this blog, so I can expose these scams for what they are and show people a more legit and inexpensive way of making a living on the internet.

      Reply
  4. I’ve not spent a lot of time looking at the possible ways to make money at home, but I agree with you that if it sounds too good to be true then it is. I hadn’t heard of Forex Scorpio before I ran across this. I’m skeptical of everything that is secretive of what you actually are buying into until you pay up.

    Reply
    • Well if they can’t be straight up about everything they’re offering, who they are and what their mission is, it should be a big red flag that something is not right. In this case that is very true.

      Reply
  5. Hello,
    I actually enjoyed your review. It was informative and you explained your thought process thoroughly. Thanks for putting the time into researching!

    Reply
  6. I’ve always been taught that if it’s too good to be true, then it probably is. Thanks for the warning. When are people going to learn that substance wins out every time over flash?

    Reply
  7. Hi Brandon,
    I’ve been an active stock option trader for over 12 years now, and I know that equities are saturated with scam after scam.
    I have traded ETFs that follow forex, but haven’t found any good educational books yet.
    I can however say that WA is a great community for anyone wanting to build a great SEO capable website. I’ve learned so much more thanks to all of the great, knowledgeable, people there.
    It costs nothing to start, so there is no risk.

    Reply
    • It’s good to hear from a veteran stock trader that there are actually more scams being released than ever before.

      This just goes to show that we as blog owners need to expose them as much as we can because they are legally allowed to continue releasing them as long as they don’t “guarantee” earnings, which is incredibly sad to say the least.

      Reply
  8. Hi Brandon,

    Thanks for the review. I have to admit – Scorpio is a pretty cool name for a ForEx trading system. Or anything, really.

    The bad thing is that trading on the exchange really is difficult for people to get into, but they’ve heard vague notions of making tons of money on it, so if anyone comes along with a product that claims to get you in the game (and winning), the sellers are going to make a ton of money. It makes me wish I had deep knowledge of some arcane money-making platform so I could sell my own “secrets.” The market certainly seems big enough.

    Reply
    • Scorpio is indeed a cool-sounding name. That’s probably what contributes to people joining this scam, although not a lot I’m sure it will still help with sales.

      I’ve seen far too many online opportunities claiming you can make a boatload of money in a short amount of time, and they never have real people to back them up other than affiliates who sell the exact same program to every man and his dog.

      Reply
  9. Hi Brandon,

    I’ve never heard of Forex Scorpio Code but I’m glad to have found your article as I don’t plan to take part any time soon or ever for that matter. The hefty $999 price is enough to say: No Thanks!

    Wealthy Affiliate looks like the best option for everything you get especially with a Free Starter Membership.

    Thank you for pointing them out & for your review.

    Reply
  10. Hi Brandon, I am a bit late to this but I can guarantee you Forex Scorpio Code wasn’t a scam. The company that was marketing it was though, and the reason Forex Scorpio Code isn’t on the market (or Vlad’s blog anymore) is he no longer works with them. I was able to pass evaluation to trade for a top firm using Scorpio
    (interview here https://the5ers.com/the5ers-fund-welcomes-elijah-n-to-be-one-of-our-new-funded-traders-06-03-2019/)
    One big thing I should mention–the landing page was made by affiliates and marketers not Vlad, his motto is trading is not a get rich quick thing, it will take a lot of work and time, but it is possible to reach that life as long as you work for it. I just wanted to post this here so people know Vlad is honest and his strategies work (as I can attest to, I became a professional trader using his methods along with Elliot Wave Analysis)

    Reply

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