Blue Edge Financial is a cutting-edge company specializing in AI-driven trading solutions and comprehensive educational resources for Forex traders.
Their aim is to empower individuals with the tools and knowledge necessary to succeed in the financial markets.
So if you are interested in the currency markets to include crypto then Blue Edge Financial might be something you might like to look into further.
We have heard things about this company and thought it was time we took a look and see what they were about.
But just to clear a few things up, we are not asssociated with Blue Edge Financial in any way.
Which means we aren’t getting paid for this review but more importantly we won’t be trying to sell you anything either.
We will however, give you a glimpse into what we do for a living but no pressure there.
What we will say about trading is to research the subject well because any sort of trading is risky business.
No matter what anybody tells you and what we have seen online alot are promises of good returns but you should already know that nobody can promis you that, not even Warren Buffett.
We can’t stress enough that thorough research is paramount when researching online opportunities.
It’s a sure way to avoid the vast number of scams and help you find legit opportunities.
Whilst we entered into this research with optimism it didn’t take us very long to decide that this opportunity would not be a wise one to invest in.
So without further ado, let’s get started.
[Affiliate Disclosure: This Blue Edge Financial Review has been thoroughly researched from information and testimonials that are in the public domain. This post may contain affiliate links which means we may earn a small commission, however, this won’t affect what you pay!]
Blue Edge Financial Review – Summary
Product: Blue Edge Financial
Founder: Adam Wenig, Joe Hicken, Tyler Turner
Website: www.blueedgefinancial.com
Description: Forex and Crypto training platform
In Brief, Reasons For And Against Joining BEF:
For:
Comprehensive Educational Resources
AI-Powered Trading Tools
Supportive Community
Additional Resources
Against:
High Costs
Mixed Performance Reviews
High Risk And Stressful
Cost to join: 7 days free trial followed by a $147/month membership fee
Recommended: Maybe
Summary: Trading currencies and crypto are highly volatile and you should tread carefully because you stand to lose a lot of money.
In fact, my suggestion to you would be to find a reputable broker and stay away from multi-level marketing businesses.
In this case, it’s a 3-way business, currencies, crypto and recruitment.
Recruitment is the key element here.
So, if you excel at recruiting then it doesn’t matter whether you can crack the code with trading currencies or crypto.
As long as you know beforehand that the top 1% is where the money goes then at least you know what you are letting yourself in for.
An Alternative Solution: If it’s a business opportunity that you are looking for where the risks are zero then the link below might be of interest.
What is Blue Edge Financial And Who Are The Founders?
Blue Edge Financial is not explicitly marketed as a Multi-Level Marketing (MLM) company, but there are aspects of its operations that resemble those of MLM structures but more on that a little later.
They offer Crypto and Forex education along with an opportunity to make money through their affiliate program.
Founded in September 2019 by three individuals, Adam Wenig, Joe Hicken and Tyler Turner.
However, these guys come with zero knowledge in this industry!
Adam Wenig…
A first look at Adam and you would probably be saying something like, “This guy is hardly out of nappies, why would I listen to him?”
I mean come on guys, just what experience has he got?
Other than a few photos and mentioned amongst people like Tony Robbins then there isn’t a real lot about him.
Yet, here he is trying to sell you a business opportunity trading currencies and crypto.
Wenig does come from an MLM background where he was part of a company called Eaconomy which was closed due to it been run as a ponsi scheme.
One thing we noticed is that his Linkedin account relates him to Wenig Enterprises LLC.
As far as we can see was a dummy corporation registered in the UK but since 2019 has been dissolved.
Why would anybody set up a company outside their own country if it wasn’t for some unscrupulous dealings? Well, we’ll leave that with you!
Joe Hicken…
There is very little about Joe Hicken, other than he has spent time in places like Cambodia as a language teacher.
He can also be found on the education platform Udemy as a fitness trainer which you can see here.
So his background is 9 months in sales, language teacher and as a personal trainer.
All great skills to be running a business in Forex and Crypto wouldn’t you think?
Not sure what skills allow him to be in product research and development but hey who am I?
Tyler Turner…
Once again there isn’t much about Tyler Turner other than his Facebook account and that the Blue Edge Financial website states he is responsible for education.
So what have we found out here?
That neither one of the three founders have any background knowledge in software, forex or crypto trading.
But, you are to believe what they tell you as gospel.
I joined their private Facebook group to see what sort of activity was going on in the background.
With over 10k members the number of posts averages at 1 post a day.
As we understand a lot of the posts are censored so that could account for the number or lack of posts that we are seeing.
Not a good start at all but maybe it will get better.
Is Blue Edge Financial a Pyramid Scheme?
According to the FTC, a business would be declared
a pyramid scheme if the intention.
Was to pay associates or members for recruiting others into the scheme.
Without a product or service that had retailable value.
In other words, a product or service that had no value at all.
Blue Edge Financial claims that any trades are done externally through reputable brokers and that any money is handled by brokers.
Could using a broker be classed as a service that had value?
Well no, because all you are doing is “Gambling”
Blue Edge Financial offer what they call education which is handled by Tyler Turner who has no previous experience with Forex or Crypto.
So, is Blue Edge Financial hiding behind a product (education) that has no sellable value? We believe so but we’ll leave that for you to decide.
Trading the markets is not something you can pick up through reading a few books and I certainly wouldn’t be trusting the software either.
You might like to check out this short video…
How Does Blue Edge Financial Work?
Blue Edge Financial is a software platform that offers education in trading the markets.
There are 3 options that you can take when you join.
Blue Edge Forex
Blue Edge Crypto
Blue Edge Funding
The top 2 are self-explanatory.
Pay particular attention to the funding option, this is where you are funded by Blue Edge themselves.
Which comes with several funding programs ranging from $297 – $997.
There is also an affiliate program that you would be part of when you become a member and recruitment is key here.
What You Get With Blue Edge Financial
Blue Edge Trading is a software and education platform that offers training through the various modules that come with your membership.
We are not going to be going into details because whatever we say is going to be meaningless to you.
Titan G27 is Blue Edge Tradings’ artificial intelligence trading software that they believe is the world’s most advanced trading software.
This software comes free with your membership fee.
Now the actual traders on Wall Street and the Stock Exchange are using software that would cost millions and they would have a massive development team to ensure everything runs smoothly.
Yet, we are to believe that Titan G27 is the most advanced software on the planet.
Bonus #2 – Banks Secret Indicator
According to Blue Edge, around 95% of retail traders are doing it wrong and what this software highlights are those trades so you can do the exact opposite.
Bonus #3 – Titan X Tool
Titan X Tool was designed to deliver a smooth equity curve dues to its cost averaging capabilities.
The risks are greater than using Titan G27 but the rewards can be greater but they can also backfire.
Bonus #4 – Edge Trainer Simulator
Basically is a simulator that works on past history trades and allows you to run forecasts.
It’s a way of looking at trades before you actually go ahead and make live ones.
Bonus #5 – Trade Ideas and Live Coaching
Through the use of discord which is a social media platform, you have access to answers to questions and tips from live coaches.
Is Blue Edge Financial a SCAM?
I think we have produced more than enough information for you to form your own opinion on whether Blue Edge Financial is a scam or not.
The 3 co-founders have no previous knowledge at all about trading the markets but yet they set themselves up as experts.
The mission of Blue Edge Financial according to their website…
“Our mission is to make trading easy. Lucrative and fun!”
Trading is definitely not easy and didn’t they mention earlier that 99% of traders make losing trades?
I guess they believe with absolutely no knowledge at all that they are going to be in the winning 1%.
Blue Edge Financial Review – What We Liked
There were a few interesting
things about BEF even if you get a basic understanding of trading.
Comprehensive Educational Resources:
Blue Edge Financial offers extensive training through its Edge Trading Academy and Crypto Academy. These resources cover a wide range of topics, from basic trading concepts to advanced strategies, which can be beneficial for traders looking to improve their knowledge and skills
AI-Powered Trading Tools:
The Titan G27 trading bot is designed to automate trading and reduce the time and effort required to monitor the markets. This can be advantageous for those who prefer a hands-off approach to trading or do not have the time to trade manually.
Supportive Community:
Access to a private Discord community and other support networks can provide valuable interaction with other traders, enabling knowledge sharing and collaboration. This community aspect can be a significant benefit for those new to trading or looking for ongoing support.
Additional Resources:
Blue Edge Financial provides various additional tools and resources, such as the Bank’s Secret Indicator and tax-saving strategies. These resources can enhance the trading experience and provide further value.
Diverse Product Offerings:
The company offers a range of products, including Forex and cryptocurrency trading tools, educational programs, and additional resources like market analysis and trading ideas. This variety can cater to different types of traders and their specific needs
Reviews Are Positive:
If you take a look at TrustPilot you can find a number of positive reviews whereas a few months ago it was the opposite way.
However, you should know nowadays that many review are creating by AI bots so its difficult, even impossible to tell whether the review is legit or other.
Blue Edge Financial Review – What We Don’t Like
Facebook is censored which is what you’d expect to see to some degree but when people are wanting answers to questions based on poor results then how is this possible?
Far too expensive and all you appear to get is some education and we have to question just where this information is coming from especially as nobody has any knowledge in this area.
Emphasis on recruiting is how multi-level marketing businesses operate and they would not survive without new blood coming into the scheme.
It is therefore just a matter of time before the ship sinks.
Blue Edge Financial Review – Final Thoughts!
Forex and Crypto have always been difficult markets to trade in.
But we continue to see more and more of these multi-level marketing businesses coming on stream and many of them closing down too.
They are using Forex and Crypto markets because “in theory” they are where you’ll get the quickest results.
Trading the markets, in general, is pretty much just like gambling.
So you might as well just go to your local casino and place all your money on black or red. The odds are much better than trading currencies.
The software that comes with Blue Edge claims to be the best on the market, well quite honestly they all claim to be the best.
The actual guys on the trading floors are working with the best software.
That cost millions with development teams there for support when things go wrong.
The traders are the first to receive results and beyond that, it is normally too late.
Where Do We Go From Here?
THere are so many different opportunities online but there are no quick and easy solutions.
You have to be thinking longer term and building a future that you can pass on to your kids.
It is always down to costs and we found affiliate marketing to be the most cost-effective solution.
Where…
You don’t own a product and there is no inventory to consider
You don’t handle the customer orders
You don’t even ship the products
You don’t handle returns or after-sales
You can promote anything you like
This business can be done anywhere
All you do is connect the customer with the merchant
Wealthy Affiliate has been going since 2005 and helped over 2 million people build a business.
It doesn’t cost you anything to take a look to see if affiliate marketing resonates with you.
Blue Edge Financial FAQ
Is the membership fee worth it?
You are paying $147 a month which amounts to $1764 for a full year and what you get for that is education.
So, no we don’t think you are getting value for money especially as nobody has any prior knowledge of trading.
Is there a refund policy?
According to the website, there is a 30-day money-back guarantee where you can cancel your membership at any time.
If you cancel within 30 days then you will get your first instalment of $147 back.
Does this system actually work?
We can’t see any proof of whether anybody is making any money through Blue Edge Financial.
We even joined their Facebook group to see if we could find out if anybody was reporting positive results but there weren’t any to be found.
Why should I join when the co-founders have no prior knowledge of trading?
That’s a good question that should be at the very top of your list.
Nobody has a clue whether the markets are going to go up, down or round in circles especially not Warren Buffet.
So why should we believe these 3 guys?
What kind of returns can I expect to see?
Trading can be volatile and the 2 methods that they are adopting are probably the riskiest markets to trade with.
We couldn’t find any results to prove that this business does what it says it will.
How much would you suggest I start trading with?
According to the website, their clients are starting to trade with a minimum of $1000.
Bearing in mind that you should be prepared to lose the money invested and therefore if you are entering into this for a quick buck forget it.
Do you have any alternative recommendations?
We do have an alternative recommendation that is cost-effective and there is no recruiting involved and with zero risks which you can check out here.
7 Reasons You Should Consider Before Joing Blue Edge Financial
Here are 7 main reasons why you should seriously think about it carefully before joining Blue Edge Financial.
Questionable Past Associations:
Blue Edge Financial has been linked to Eaconomy, a company that has been labeled as a Ponzi scheme and collapsed within a year.
This association raises significant concerns about the legitimacy and ethical standards of Blue Edge Financial.
High Costs with Dubious Value:
The monthly subscription fee for Blue Edge Financial’s services is $147, amounting to $1,764 annually.
Many users have reported that the value provided does not justify this high cost, especially given the availability of similar educational content for free online.
Mixed Performance of Trading Bot:
The Titan G27 AI trading bot has received mixed reviews. Some users have reported significant losses, with one instance noting a 15% loss over seven months.
This inconsistency raises doubts about the bot’s effectiveness and reliability.
Potential Misleading Advertising:
There are allegations that Blue Edge Financial’s marketing claims, particularly regarding the AI capabilities of their trading bots, might be exaggerated.
Critics argue that the bots operate more on predefined algorithms rather than true artificial intelligence, potentially misleading customers.
High Risk and Stress in Trading:
Both Forex and cryptocurrency trading are highly volatile and risky. Blue Edge Financial’s tools are geared towards active day trading, which can be stressful and demanding.
This high-risk environment may not be suitable for everyone, particularly those looking for a more passive investment strategy.
Lack of Regulation:
The cryptocurrency market, in which Blue Edge Financial also operates, is largely unregulated.
This lack of oversight increases the risk of fraud and scams, making it a risky venture for investors.
Negative User Experiences and Refund Issues:
Some users have reported poor customer service experiences and difficulties in obtaining refunds.
This raises concerns about the company’s commitment to customer satisfaction and the integrity of its refund policy
Feedback, Comments and Subscribe
Hope you enjoyed this Blue Edge Financial review and that it opened your eyes not just to BEF, but trading currencies in general.
If you happen to be or have been a member then we’d love to hear from you about your experiences.
Even if you are trading in general it would be nice to hear from you.
Hey Guys and Gals, great to meet you and hope you enjoyed this post. We created this site to help people like you avoid the pitfalls of making money online and hopefully steer you onto the right path. ENJOY!
View all posts by Mick
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expect to see to some degree but when people are wanting answers to questions based on poor results then how is this possible?
expect to see to some degree but when people are wanting answers to questions based on poor results then how is this possible?
