Metatrader247.com

Performance Testing

Important Announcement! Released August 23, 2010

Hello Everyone!

It's with great pleasure that I write you today with a big announcement from Metatrader247.com and introduction to a new website. We're changing our business model and it's important that you read this entire update!

The new website is Forex Verified.com.

Performance Testing Changes

1. Metatrader247.com is no longer going to be doing performance testing. This includes expert advisors AND signal providers. The EA page and list of signal providers will be getting removed from the website.

2. Forex Verified is going to be taking over all of the performance testing. Forex Verified will be entirely separate from MT247 and will handle the performance testing of both expert advisors and signal providers.

Support Changes

1. Metatrader247.com will only support the VPS accounts and AutoSignals software. That is our primary service and we need to focus on it 100%! If you have ANY questions or issues with the VPS service or AutoSignals software, you should still contact MT247.

2. Forex Verified will offer support for any other Expert Advisors that you use. Forex Verified offers an all-inclusive monthly membership that includes the installation, modification, updating and support for your expert advisors.

Clarification: What Forex Verified Does

1. Forex Verified (www.forexverified.com) will take over all of the expert advisor and signal provider performance reports.

2. Forex Verified handles all of your questions and support requests for any third-party expert advisors, services or systems. They'll help you install and use your EA's.

3. Forex Verified operates a 24-hour chat room for all members to talk about anything related to Forex. Myself and the rest of the staff will be in that chat room on and off throughout the day to help with any Forex related questions you have.

Why this change?

1. Metatrader247 needs to focus on its primary services. I have ideas to grow MT247 and expand our services but first I needed to get rid of the "clutter" that the performance testing created. Providing a single high-quality service is crucial to our domination in the auto-trading industry.

2. It is the fair thing to do for our signal providers. Put yourself in the place of one of our signal providers. You just spent $40+ on marketing to convert one prospect and they sign up at your website. The first thing you do is send them to MT247 so they can receive automatic execution of your signals. But what do they find when they arrive at MT247? Pages full of EA results and other signal providers! This created an unfair competitive environment and challenged the loyalty of new subscribers to the signal service.

3. I would have made this change much sooner, but the new Forex Verified website wasn't finished yet. I did not want to stop the MT247 performance testing until Forex Verified was ready to take it over. I know you guys love and appreciate the testing and the weekly results so making this a seamless transition was crucial.

How It's Going to Happen

1. Forex Verified is LIVE right now. Visit at www.ForexVerified.com. All the performance testing has already been moved there.

2. Over the next 4 weeks, we will send one email per week to the MT247 mailing list announcing the opening of Forex Verified and the fact that they are taking over the performance testing.

3. We will post links on the MT247 website notifying people that the performance testing has moved.

4. After 4 weeks, the transition will be considered complete and we'll remove the links and cease the emails.

What should I do now?

1. Forex Verified has an entirely separate email list. If you want to continue getting the weekly updates, please go to www.ForexVerified.com and subscribe to the mailing list. We will not send performance updates to the MT247 email list any more!

2. Sign up for the Forex Verified membership if you depend on us to handle your Expert Advisor installations and support. It's all-inclusive and you won't incur any more one-time setup fees.

3. For any VPS or AutoSignals support requests please continue to contact MT247.

4. To chat about EA's or talk about any third-party trading systems, please contact Forex Verified.

Thank you so much for your continued support and patience while we go through this transition. If you have any questions, please don't hesitate to reply and ask!

--
Scott Wang
Metatrader247.com

Disclaimer: Forex trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the forex market. Don't trade with money you can't afford to lose. This web site is neither a solicitation nor an offer to trade forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this site. The past performance of any trading system or methodology is not necessarily indicative of future results. Trading foreign currencies is a challenging and potentially profitable opportunity for educated and experienced investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Moreover, the leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and your position will be liquidated and you will be responsible for any resulting losses. Investors are recommended to lower exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders. Metatrader247 will not be held responsible for the reliability or accuracy of the information available on this site. The content provided is put forward in good faith and believed to be accurate, however, there are no explicit or implicit warranties of accuracy or timeliness made by Metatrader247. CFTC rule 4.41: Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.