Easy Forex Pips Review

Jan 29, 2021 02:39 PM ET
Easy Forex Pips Review

Easy Forex Pips

Type

Signals

Price

from $45 monthly to $150 annually

Strategy

Trend and/or Swing (?)

Compatible Platforms

any

Currency Pairs

any (18 pairs traded)

Timeframe

any

Recommended Min. Deposit

n/a

Recommended Deposit

n/a

Leverage

any (1:400)

Trade length

Two days

 

Easy Forex Pips presentation

We have written an extended Easy Forex Pips review for you. The company is a veteran on the Forex-signals-providing field. For years, much has changed. Let’s figure out if the service is a viable option to go in 2021.

Trading Strategy Explanation

Let’s get started from the features list:

  • The company provides free Forex signals through the Telegram channel.

  • They have powerful Trading analysis.

  • There’s an expert team of trading analysts that generate these signals.

  • The company provides signals with all proper intel like a Symbol, Direction, Entry Point, Stop Loss, and Take Profit levels.

Easy Forex Pips. The channel has more than 90000 traders

  • The channel has more than 90000 traders.

  • The VIP channel amounts to 5500 VIP traders.

  • They have been running the business for over four years.

  • The signals are delivered between 8 am and 12 pm GMT +3 during a London session.

Easy Forex Pips Telegram channel

  • The Telegram channel has over 100000 subscribers.

  • The developers didn’t disclose trading strategy or strategies. Highly likely, they receive these signals from many analysts and traders.

Backtest Data Analysis

The company doesn’t provide us with backtest reports. It’s a huge con that can mean that they don’t own software that generates signals, so they can be resellers.

Live Trading Data Analysis

Easy Forex Pips Live Trading Data Analysis

The presentation is featured by pip encounter.

Trading Results

Myfxbook Account

Real (EUR), ActivTrades

Started

January 13, 2020

Deposit

Is hidden

Balance

Is hidden

Gain

+195.83%

Daily

+0.29%

Monthly

+8.92%

Drawdown

40.01%

Profitability

1.68

 

Easy Forex Pips MyfxbookThe company generates signals on the real EUR account on ActivTrades. The EA runs it automatically by using technical indicators from MetaTrader 4 terminal. The account has a verified track record. It was created on January 13, 2020. Since then, the absolute gain has become +195.83%. An average monthly gain is +8.92%. The maximum drawdown is insane -40.01%.

Easy Forex Pips drawdown

We can see this period of an over-one-month drawdown.

Easy Forex Pips advanced statistics

The robot closed 4480 deals with 28650.5 pips. An average win (22.92 pips) almost equals an average loss (-24.02 pips). The Longs win-rate is 68 when the Shorts win-rate is 60%. An average trade length is two days. The Profit Factor is 1.68.

Easy Forex Pips trading results

The most-traded currency pair is NZD/CHF - 1561 deals (we’ve never seen that activity on it). Most of the pips were brought by it too - 8614 pips.

Easy Forex Pips trading results

The robot focuses on working during the European and American trading hours.

Easy Forex Pips trading results

Tuesday (1396 deals) is the most traded day.

Easy Forex Pips trading results

The account is run by the robot with the minimum risk to the account balance.

Easy Forex Pips trading results

As we could see, the trading history is hidden from potential clients.

Easy Forex Pips monthly gain

Easy Forex Pips monthly gain

Since the beginning, the robot has been consistently profitable.

The company

Easy Forex Pips Telegram channel

There are many screenshots of positive feedback on the site.

Easy Forex Pips customer reviews

The company has a profile on Trustpilot with a 4.1 rate based on 102 reviews.

Easy Forex Pips customer review

There are many negative reviews like this one.

Easy Forex Pips customer review

Most testimonials are positive and pleasant.

Pricing

Easy Forex Pips Pricing

There are four packs that vary by range. The one-month pack costs $45. The three-month pack costs $75. The half-a-year pack costs $105. The annual membership costs $150. All of them have the same in common: live Telegram alerts, 4-7 signals daily, Daily Chart analysis, 1-3 targets per trade, 4000+ pips monthly, and money-management tips.

Review Summary

Pros

Cons

  • Real account trading results
  • No team revealed
  • Over 100k subscribers in the channel
  • No strategy explanations provided
  • Money-management advice given
  • No backtests provided
  • Acceptable pricing
  • No trading history revealed
  • Free signals provided
  • No money-back guarantee

Conclusion

The Easy Forex Pips company has one of the biggest free Forex signal communities on the web. We know no-one that reached this result. Over 100k is a number! They have real account trading results. It’s a pro, but the con is that we can compare trading history because it’s closed with these pip encounters in the Telegram channel. The vendor hid the team of traders and analysts, so we can’t be sure that there are not only EAs but also real professionals. 

Rating: 8/10


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