Celestial Trading Tools

Does anyone have anything good to say about them ? They are definitely a scam!! I was introduced to them by a friend who also share the same experience as me , I invested a lot of my money was not able to withdraw . If not for wealthadvocates.org , I'm sure i would have lost my hard earned money to them .

Where do I start… things start out great and you will see great things coming into your account. However, CTT are completely reckless with your money and trade during volatile periods, then when things go wrong, instead of accepting they made a mistake and close, they hedge!! this means they buy the opposite trade and make it impossible to get out of. Hence why everyone on this review has lost loads of money.
DO NOT INVEST IN THIS – or if you do, it's only a matter of time before EVERYTHING goes. 90% loss is not worth it, trust me!
CTT seem professional and do reply to emails, however, they are NOT capable and do not care about your losses. They also post so much on social media so all the bad comments don't stay around for very long. Also, noticed some positive reviews coming on here….
Please just don't take the risk, they are NOT FCA regulated and are based in some random country outside the UK. Don't let the fake uk mobile phone number fool you.
PLEASE TAKE THE ADVICE OF ALL THE 1 stars not the fake 5 stars.
If it looks too good to be true, IT DEFINATELY IS!

verry good tool

This is ok
Good

90% drawdown/loss.
No transparency from this company, fake names used no professionalism at all. Total sham and scam. They do not have your best interests at heart. Lost 10k due to their negligence. DO NOT USE THIS COMPANY.

Just pulled out of this company with a 80% loss!!!
Bunch of cowboys.
Do not believe anything they say!
Flashy website lures you in!
They use the Martingale Strategy which always eventually goes bad & their hedge system just makes everything worse!!!

Blew my account, lost 拢4500. They closed the chat and offered no updates on the situation. Some users have lost way more than this. The EA they use utilises the Martingale system, notoriously risky. Unfortunately I was new to Forex and by the time I realised they had blew the account. The only EA's that use Martingale now are old/cheap systems so I can only imagine this is a repackaged old EA they bought online and built this system around. Worst bit is after the system ran rampant on everyones accounts it also came to light that the CCT staff have no idea about Forex. They had no idea about recovery strategies and in their updates they copy and pasted other peoples Market Analysis. I handed my MT4 history to a well versed Forex trader and he was absolutely appalled by how it was managed and executed. If you haven't got what I'm trying to convey: DO NOT USE THIS SERVICE.

Just to repeat what other users have said. This is a sham operation. I lost all of my money in one day, coincidentally after withdrawing only 8% of the total a few days earlier. They respond to emails with 'I'll get back to you' and never do. Friends have lost lots of money too so stay away from this company.

They have closed the chap app as everyones accounts are blowing everyday they will prob all be gone by mid Feb and are still trying to sign up new people.
Join the PRIVATE facebook group about this for past and present members search fb-
"USDJPY DRAWDOWN Group"

These guys are criminals. They should be locked up. Matt Sharpe gave us a song and dance about how fantastic it was and was a proven and tested system which could not loose money. He lied. Everyone has lost thousands apart from him. Matthew Sharpe Forex has been unfair and got out risk free. We have lost our money, been lied to, had no responses from the main 'office' ran by one man in the cayman islands. They lie, they cheat, they scam you. Matt and his team have been nothing but disgusting. DO NOT INVEST WITH THIS LOT – They will rebrand again and rob people again. STAY AWAY.

I really don't understand where the positive reviews are coming from. I have been with Auto Forex Trading (AFT) – Celestial Trading Tools (CTT) for coming up to two years. Initially, things went very well but now am just waiting for the market to turn to get out hopefully with no less than I have put in. Their incompetent bungling has led to extremely heavy drawdown which has been like this for some six months with no sign of them getting out of the situation. Additionally, they will not answer emails if they are uncomfortable with the subject matter. The owners hide behind the Customer Service heading so you don't know who they are and who is driving the situation. They will cut you out of the community forum if they don't like your comments and they currently use a bank based in the Virgin Islands which is not verified within the UK banking community. MY ADVICE STAY WELL CLEAR OF THIS LOT. There are other Auto-EAs out there which run far more competently and where you have direct connection with the owners who give excellent service and you can see they are putting their money where their mouth is.

They do not respond to emails. I have over a 90% drawdown (despite the figures they claim) I have written a number of emails over the last few months with simple questions and they have been ignored. They have shut down chat and and updates from their app at the most crucial time and have made it impossible to communicate with them unless it鈥檚 regarding paying your bill.

As of today my account is completely blown with a balance of 拢23k all gone. Not one email or word of condolence. Well intentioned to begin with 2 years ago but as it unravelled and problems arose they showed up to be amateurish and unprofessional almost novice like. KEEP AWAY.

Shocking that this company are still running a website and looking for new clients after filing a motion to end the company in two months with companies house.

Stay away from these guys. As you can see from all the bad reviews, they are useless. My account has been blown up. When I mentioned this on their chat they deleted my comments. They are simply a grid system that use hedging when things go too far into the red. Doesnt work though. I wish I had avoided them.

they just blew my account and kicked me of the chat been with them for a while biggest mistake ever getting involved with them avoidlost thousand with DX1/ Sirius And CTT1they blew thousands in janurary at brexit and didnt learn lesson and done the same today at brexit talks most unproffessional company i have ever dealt with

THEY BLEW MY 25K in 3 months
CTT think they are so smart hiding in the bedrooms blowing people hard earned money they are just amateur bedroom traders who are only in it for themselves,customer support is just non existent and there messages of support are uselss ,what a joke.
Stay away you will loose all your money.

I invested in Celestial via another broker, having received an email from Celestial stating that their system was not a grid trader.
Shortly after joining, they got themselves into a series of USDJPY trades against the trend. Reaching a high open-trade drawdown, they then stopped the robot trading and opened a large opposing hedge trade. Subsequently they opened a hedge against the hedge, then mismanaged themselves into a hedge on EURUSD. I then disconnected my account and have just traded myself out of it and more than restored my balance. The Celestial master account currently has a 77% drawdown.
It is clear that the system is a simple grid/Martindale robot – like them all, they make good growth so long as price reverts to the mean, but create massive drawdown when it doesn鈥檛. Generally this situation develops every one-three years, and almost always destroys the accounts due to lack of margin.
From their trading behaviour, it is clear that they have no idea how to trade manually. A grid robot can be found free on the internet and no trading knowledge is required to operate it. However, trading out a hedge is really quite difficult.
If you are thinking of investing money in Celestial, please don鈥檛, initially you will think you are doing well, then you will lose it all, while they keep you monthly performance fees.

I wont repeat what has already been eloquently put in previous reviews. Their USD/JPY recent EA debacle has lost me 拢12k. Wiped out by their lack of control of EA, AND posting no SL.
DO NOT USE THEM UNLESS YOU ARE DETERMINED TO LOSE YOUR MONEY

Utter thieves. Please do not join this company. Outrageous company. Poor communication. Blowing peoples accounts with 拢1000鈥檚 in. Some people have lost 拢100k up. They have had issues and blamed it on an 鈥榓ct of god鈥?where people have lost thousands. No one will take responsibility and own up. Always pushing new business on people but left thousands of people to loose huge sums of money with no communication. Very Very poor. They are a scam company. DO NOT USE THESE GUYS.

WARNING 鈿狅笍
STAY AWAY FROM THESE AMETEURS/ CROOKS
I'm not into writing long reviews so will keep it short and sweet !!!! CTT entered into a USD/JPY trade which immediately put us into DD at over 40% where a so called hedging system was put in place !!! we was informed that no other trades would be placed while they navigated us out of this situation !!!! But that promise lasted a few days and they then entered another trade EUR/USD which you GUESSED that went into DD !!! My current situation is I'm now at 80% DD !!! there customer service is SHOCKING bordering on INEPT if you contact them you just get an auto generated email responses !!! And to put the icing on the cake 6 weeks ago clients mysteriously had partial closures made on there trades costing them 1000s pounds and you just can't believe them they have issued a statement saying it was a power outage and classed as a ACT OF GOD so will not re-emburse the losses !!! As stated in there terms and conditions !!!! DO YOURSELF A FAVOUR KEEP YOUR HARD EARNED CASH AND DONT INVEST IN THIS CROOKED INEPT AMETEURISH COMPANY

When I initially joined things went well and returns were averaging around 10% a month but it was only a matter of time for things to go horribly wrong. Now everyone should expect draw down and losses are part of forex trading but their recent performance and especially risk management has been totally shambolic and clearly show they are just a bunch of amateurs.

There were the Brexit trades back in January 2020 which obviously could have been handled better but is part of trading. But then in July 2020 their EA placed a number of USDJPY trades which went badly wrong and to prevent the accounts being blown a hedge was put in place. Now they tried to make out this was part of their automated trading system but clearly wasn't and seemed to be themselves trying to manually get out of the mess. Then to make matters worse and to prove their incompetence they reactivated the EA and ended up in a 2nd hedge with bunch of EURUSD trades which now combined risks blowing all the customer accounts. Then after this mess they started to offer new EAs to onboard new customers and are currently trying to hide the mess on the original account which to this day (despite many opportunities to undo) is still in massive drawdown with no end in sight.

Investigating further it appears their standard EA and EA 2.0 seem to work very similar to the "Life Changer EA" which you can download for free and run yourself. This EA is based on a grid/martingale strategy and has no hedging capability. But with the right settings it can place pretty much exactly the same trades. Also their system has a very similar bug where it messes up the 20th martingale trade with a huge lot size. Just look at the NZDUSD trades from 12th March 2020 @ 18:47 on their myfxbook page for the standard EA. Coincidence?

Ultimately they expect all their customers to have blind faith and believe they know what they are doing. But anyone with any forex experience will soon notice it's not the case and if you say anything you'll get blocked from their Messenger app.

No doubt they'll try and get this review deleted as they strive remove any negative comments which are actually just the truth. Just check out their website and social media accounts on how they are constantly trying to mask the evidence.

I've given Celestial Trading Tools or CTT a one star review only because I can't give them any less.

I'd had some success with a rival of CTT's, Prophet FX or Motion Finance as they are now known (I'd highly recommended them) but I didn't want to put all of my eggs in one basket, so I thought I would spread the risk and try CTT. I deposited 拢1100 into the account after approximately two weeks, I was 拢25 up. I was happy, so far. Now, there are reviews on here which will explain what went wrong far more eloquently than I can but from what I can gather, they placed a trade that went wrong and then began chasing the trade by placing additional trades with what they call greater lot sizes (A system called Martingale, I believe). Essentially, you're placing a trade with a bigger risk than the last one. I have no problem with what they call drawdown, where increasingly your funds are taken up by trade after trade, when I'm confident I know the trader knows what they are doing but I wasn't. When I asked the customer service team for updates they were incredibly guarded and simply advised that the traders knew what they were doing – fine, I understand that. Now again, others will explain this better but they then proceeded to place what they call a hedge, which I believe is a counter trade to stop any future loss on the existing trade or trades until a solution can be worked out. Correct me if I'm wrong. Again, if that's a professional solution to a trade that isn't going according to plan, fine. Now, from what I understand, they could have solved the hedge situation, and in a nutshell (because I don't completely understand the technicalities) they didn't and it began to make the situation slowly worse. For those who don't know, when the trades are open they accrue costs; commission and swops. So while we had this limbo of hedges, the cost to sort out the situation was growing for me as the customer. This isn't a cost imposed by CTT by the way but by the broker (Eight Cap). To cut a long story short, CTT placed my funds in a quagmire and my only option was to disconnect from EA (electronic assistant; CTT) and take the hit, which was about 拢700 of my 拢1100 investment, maybe more, I'm not sure off the top of my head. CTT made it INCREDIBLY difficult to get my money out and had they acted on my instruction to close my account when I first made the request, my losses would have been smaller.

To be clear AVOID this company. Motion Capital will ask you to put 10k in up front but I've never lost a penny with them and I've made close to 2k.

As an addendum, this is part of an email I received from them this afternoon:

As we're sure many of you know, we have recently proudly launched two additional products alongside our current offering to further expand our portfolio and offer our clients other investment opportunities within CTT.

Of course, it is our main priority to continue navigating our way out of current trades (USD/JPY & EUR/USD), however should you be looking for other ways to generate income alongside, we have two systems that are perfect for this. We have made some very positive steps on our hedged positions and will be looking to capitalise further. We want to take this opportunity to thank you for your support, understand and patience.

They launched a CTT 2.0 when the US Dollar/Japanese Yen trades went wrong and it looks like there's now Euro/US Dollar trade that is struggling and they still haven't come out of the Dollar/Yen trade and I cut my losses last month!

Hi Everone!
I cannot recommend them. You may experience some success over a certain period of time, but their trade system will always fail in the long run: if a trade goes negative, they continue placing additional trades with bigger lot sizes until they close all trades with some profit. But what happens if a trade continues in the wrong direction? Drawdown will accumulate drastically and finally wipe out ones account. The risk they expose you in order to make a small profit, is ridiculously high! They do it because they do not really have to care, since they make money by getting a share from you: so if you lose, they dont lose.
Be aware!

Poor Customer service, currently 65% drawdown with no explanation as to how they plan to get out of it.
I assume they have turned the EA off trading USDJPY which Is over 50% drawdown.
They have started a second EA that they are promoting, I assume the first one they are gonna do a runner when it blows the accounts pretty soon.