Fibo Quantum is a new charting solution created by someone called Karl Dittmann. This software has created a lot of buzz in the online trading arena since it was launched.

According to Karl Dittmann, he developed this solution to help traders generate reliable returns from their investments in forex. He says that it is an easy to use tool that traders can use with confidence to find out when is the right time to open and close trades in the market.

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Fibo Quantum was introduced to the market just a month ago and therefore there are not many reviews available which can help us determine whether it is a viable trading tool or not. To establish the facts about this forex indicator, we carried out our own independent investigation.

Details of our research can be found in this comprehensive Fibo Quantum review. Anyone who has questions or concerns regarding the legitimacy of this forex indicator can read this review and get the answers.

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Basic Information:

  • Price: Free
  • Software: Auto-Pilot App
  • Max Returns: Unknown
  • Min Deposit: $250

Pros:

  • Fully Operational

Cons:

  • Shady Connections
  • Not a Free Software
  • Negative User Review
  • Lacks Innovative Features

Top10BinaryDemo Verdict

Not Reliable Service

What is Fibo Quantum?

Developed as a forex indicator, Fibo Quantum generates forex signals and is compatible with all currency pairs. To be able to use the software, traders have to download the software to their computers. Unlike most other trading signals providers and systems, this one is not free. In fact, it comes at a price of $147 and has a 30-days money back guarantee.

According to Karl, Fibo Quantum employs Fibonacci technology and highly advanced algorithm which has been developed over a span of several years. He claims that the forex indicator is reliable and extremely accurate.

But our investigation into the matter suggests that Fibo Quantum is not a safe solution to use. The software is being marketed through ClickBank, but there are many traders who believe that it is better to stay away from it. We haven’t seen feedback or comments which prove that this is a working solution. Basically, this forex indicator isn’t as reliable as it has been claimed and it is also wrong to assume that it has many satisfied users.

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How Does Fibo Quantum Work?

If you are thinking that Fibo Quantum is an automated trading system, then you are wrong. For the price of $147, you will only receive signals via email or SMS. To use the software, traders will need access to MetaTrader 4 charting solution which is not available from all brokers. There are just a handful of brokers who give traders access to MetaTrader 4 platform.

Karl says that the software can predict the direction in which the price of the asset will move and based on that it will send signal alerts to traders. He says that the software doesn’t go wrong with its predictions.

We find this quite hard to believe because the forex markets are highly volatile in nature and even the most experienced traders cannot make accurate predictions all the time. There is no way a software can know when is the right time to open and close positions. It can be correct sometimes, but not all the time.

You will find these kinds of trading tools all over the place. But the sad reality is that they don’t work to benefit their users. They only lure traders into subscribing and making a payment. After this, they send a series of random signals which causes traders to make losing trades. The money back guarantee doesn’t work in such cases because once the funds are gone, traders don’t stand a chance to retrieve them.

Fibo Quantum: Scam Investigation

Our scam investigation into Fibo Quantum proves that it is not a legit solution for investing in forex. Over a period of time, Karl Dittmann has developed several forex indicators and none of them turned out to be successful.

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In fact, Karl Dittmann has been behind the creation of many bogus trading systems which did not work at all. one thing that will leave you shocked is that Karl is not even a real person. He is a shady character with a fake name and image. You will not find much details about him on the internet. If he was real and if he had really created a powerful signals generating tool, he would have been discussed on news channels, social media and through blogs and forums. This character has deceived many traders and stolen their funds in the name of subscription.

Even after going through their website carefully, we did not find any useful information about the software and the company that is behind it. There is lack of transparent evidence regarding the success rate of the software and the feedback coming in from members suggest that it is unsafe to use it.

Final Words

There are many traders who were unfortunate enough to fall victim of the scam Karl Dittmann has been running from a long time. He has been presenting the same bogus software under different names for years now.

You will be at a huge loss if you decide to opt for Fibo Quantum. This is not a reliable solution, but a ridiculous one that will leave you drained and exhausted.

Conclusion:

t10demo_high_risk_stampOur investigation team conducted a comprehensive investigation on Fibo Quantum to find out if this product is genuine. As a result we cannot say that there was enough evidence indicating if Fibo Quantum is generating high profits. We found many reasons that made us suspicious about this robot being a scam.

 

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David

David

Hello!
I am David Raines, a Forex trader with years of experience in online trading. I write reviews of Forex Brokers, Auto Trading Software and Signals Providers.
David

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