M15 Signals Review

Sep 30, 2021 07:34 AM ET
M15 Signals Review

M15 Signals is a firm that provides signals for clients based on the M15 time frame. The main claim is simple - “Finance Your Future with powerful M15 Forex Signals. We provide Profitable Forex and Gold intraday Signals on a 15 minutes chart.” The site doesn’t seem to us to be informative. We still have many questions that aren't answered. 

M15 Signals

Type

Signal Service

Price

$60, $120, $190

Strategy

N/A

Compatible Platforms

N/A

Currency Pairs

Any

Timeframe

Any

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trade length

N/A

Trading strategy explanation

We have some details and other information explained. For your comfort, we have united them in the following list. 

  • The devs confirmed that the system provides signals for us automatically. 

  • We have a claim about ”The most accurate and trustworthy forex signal provider.”

  • We can expect to reach our goals if we decide to follow signals. 

  • The main team of developers is from Singapore. 

  • The signals should be low-cost and profitable.

  • “100,000 happy traders,” the devs claimed. 

  • It sounds like a lie. 

  • The service has existed for several years. 

  • The designers have over 9 years of trading experience. 

  • They “decided to create an All-in-One Solution and make our trading time interesting, profitable and easier than ever.”

  • The system focuses on providing short-term signals. 

  • The average signal frequency is 2-8 signals. We don’t know the time period of time. 

  • The accuracy can be up to 90%. 

  • We can expect to get from 1500 to up to 3000 pips monthly. 

  • There can be three take profits. 

  • All trades will get closed automatically for us. 

  • No extra effort is needed. 

  • The system sends signals during the Asian, European, and American trading sessions.

  • It works with all pairs and Gold. 

  • The message will include risk and money management advice. 

Advantages of M15 Signals.

  • The devs run free and paid channels. 

  • “Most of the signals are sent during 08:00-19:00 (GMT).”

  • They work to provide the best possible signals. 

  • “Risk management in Forex Trading is very important for all Traders so, like no other Signals Provider, Our Analysts will give You recommendations & advice on managing risk.”

Backtest data analysis

The presentation isn't featured with backtest reports. So, we have doubts if the system belongs to them. They can simply purchase several advisors that can be set on the account to generate the signals automatically. 

Live trading data analysis

M15 Signals results.

The presentation doesn’t include verified Myfxbook or FXBlue trading results. It’s a crucial con because we don’t if the developers make profits on the real account or their profits are us. It’s suspicious that the devs don’t want to repeat the success that they show us. We have a spreadsheet with every single month closed in profit. We can not check this data in any way. If they wrote these numbers ten times higher, there would be nothing changed. 

The company

They don’t have a legal company behind this service. So, we can’t be 100% sure that they are not scammers. 

Pricing

M15 Signals free trial offer.

M15 Signals pricing.

We can start a free trial whenever we want. We can expect to get from 2 to up to 5 signals weekly without paying. There are three subscriptions. The first one takes a month and costs $60. The three months subscription costs $120. The half a year subscription is available for $190. The packages include 1500-3500 pips monthly.  

Review summary

Pros

Cons

  • Affordable subscriptions 
  • No team revealed 
 
  • No risk advice given 
 
  • No backtest reports shared 
 
  • No trading results shown
 
  • No people testimonials written 

M15 Signals is a service that has zero proof that it’s profitable. We have no backtest or trading results provided. The system can belong to other developers, and the devs just use it to resend signals. It’s so suspicious. We have no refund options supported. 

Rating: 2/10


93


Don't miss: The Best Forex Robots in 2021

Best Forex Robots

Best Forex Brokers