Update 11 December 2014: Butapips seems to be no more, and probably a good job! I have removed the now-dead link to their site…
As forex signals providers go, this one may be best avoided for now…
It came recommended by a major forex broker but there are dark clouds gathering around Butapips. I’ve been following a review on Forex Peace Army and the feedback there is not at all good. It seems this organisation has very poor after sales service and isn’t too brilliant about refunds either! I did a fair bit of digging trying to find a decent number of users of their forex signals who would be prepared to stick their hand up and say “I love Butapips” but I’m afraid I came up pretty empty-handed.
Long ago when I was a young man who followed horse racing, I remember signing up for one of those “Magic Systems” you used to see in newspapers. It was supposed to give 95% winners, although the cost of this was that you only got a horse to back every now and then.
At least that was the blurb. I discovered that in actuality you never got a horse that you could put a bet on 🙂 When I wrote and asked them for a refund they offered me a free upgrade to their next system, the Premier Horse Betting System. Of course I was young, I accepted. You probably know what happened: it was no better than the first system.
The reason I recount this little story is it appears that Butapips employee much the same tactic. One disgruntled subscriber recounted how after he’d paid princely sum of $1600 for a monthly subscription, he was immediately approached with an offer to upgrade to the – you guessed it – Premier system. Unfortunately this subscriber shares or shared certain character traits with the me of long ago, and upgraded. He is still try to get his money back.
You can read the full story and get a feel for the general feedback on this company at the link below. But if you have any experience with Butapips, or would like to make a comment after having read the article, please come back and post your thoughts in the feedback form below.
FPA Butapips Review