IQ Content Team - October 25, 2023

Beware of Clubbingbuy.com

If you are looking for indicators or expert advisors (EA) for your trading, you should avoid Clubbingbuy.com. They are running a fraudulent website that sells pirated products from the mql5.com marketplace.

The truth is, you cannot buy licensed indicators or EA from such sites, because they are only valid for the original owner/developer. For example, if you want to use an indicator from mql5.com, you need to log in to your mql5 account first.

Clubbingbuy.com tries to trick traders into joining a group buy with a very low price. But this is a scam. The admin uses fake accounts and posts to create hype. When you pay them and show proof, they either block you or send you a different indicator.

You can read more about this scam on Forexpeacearmy here:
Forex Peace Army Thread

Some facts to remember:

  1. According to mql5.com Metatrader LTD, decompiling indicator source code is illegal.
  2. To use an indicator, you need to download it from mql5.com or the MetaTrader marketplace.
  3. INTRAQUOTES strictly prohibits any service or support to anyone who buys an indicator from a third-party site. (As per their terms of service)
  4. INTRAQUOTES has not authorized Clubbingbuy.com to sell its products.

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