FX Profit Signals Review

Nov 23, 2021 01:01 PM ET
FX Profit Signals Review

FX Profit Signals is a company that generates signals to help people to trade on Forex and be profitable. The presentation doesn’t look well-written and informative. It still relies on the emotional side rather than on logic. The developers claimed “Learn, Trade, and Profit with the Best Forex Signals.” So, now, it’s time to check. 

FX Profit Signals

Type

Signals

Price

€45, €90, €140, €210

Strategy

N/A

Compatible Platforms

MT4 and MT5

Currency Pairs

N/A

Timeframe

N/A

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trade length

Can be several days long 

Trading strategy explanation

The presentation includes much intel that could flood visitors. We gathered the best and most useful in the following list. 

  • We can enjoy several free signals to give the service a demo try.

  • There should be a “powerful Forex trading analysis tool that provides subscribers with Buy/Sell trading signals.”

  • We can enjoy free signal packages. 

  • There’s welcome support provided. 

  • It allows us to work with a higher win rate. 

  • The signals include the next data: Time, Entry Point, Direction, Cross Pair, Take Profit and Stop Loss. 

  • There are no extra needs. 

  • The developers “give us strategies for all market conditions (trend following, for trend reversal, or counter-trend trading).”

  • There are “the critical areas.” We have no details about this. 

FX Profit Signals open orders.

  • We may note details about signals that are on the market and are available for everyone. 

  • The system generated “clear entry and exit points.”

  • There are innovative trade ideas for Forex provided.

  • The devs can help us with customizing our risks. 

  • It can deliver signals for us via copy-trading software. 

  • “Everything was developed only by professional traders, developers, and analysts.”

FX Profit Signals claims.

  • The devs mentioned over 14 years of trading experience.

  • There are training videos on the account page provided.

Backtest data analysis

We have to explain how the system worked with the past tick data in a form of backtests. It’s a huge con because we don’t even know if the system belongs to them. 

Live trading data analysis

Closed orders.

Closed orders by the system.

There are no verified trading results provided. Even if these reports are real, the robot works with an impossibly low win rate. It has lost 16 orders from 32 trades. It can’t be the result of professional paid services. Usually, the devs are welcome to provide us with trading results from verified accounts where the system works. This is not the case. 

The company

There’s no legal company behind. So, if something goes wrong we can’t ask the authorities for help. 

Pricing

FX Profit Signals pricing details.

The devs make four packages of their services that are quite messy. The one-month rent costs €45 when the three-month rent costs €90. There are 5-7 short-term signals daily, 1000-2000 pips monthly, a telegram channel, and 24/7 welcome support. The half a year pack costs €140. The annual pack costs €210. The last two packs include a robot.

The developers explain the next about the packages:

  • Subscribing allows us to receive better results. 

  • The signals will be for Gold, Silver, and WTI in addition. 

  • The devs will inform us if the market goes in the wrong direction.  

  • “The premium members exit the market profitably twice as often.”

Review summary

Pros

  • Affordable pricing

Cons

  • No team revealed 
  • No strategy explanations provided 
  • No backtest reports provided 
  • No trading results shown 
  • No refund policy applied 

FX Profit Signals is the service that tries to convince us that their signals are good to go. Even a short look is enough to understand that we have to stay aside from them. They don’t have backtest reports and verified trading results. Their “trading results'' show that the system works with a 50% win rate. It’s almost a scam. 

Rating: 3/10


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