Review Time
The trades are too slow. There is always a difference of atleast 5pips and it's even more than 10pips. I am using a copier so the instant they send signals the trades are executed but still there is a difference in pips. Due to which there is no profit at all even when the trade is moved to entry our entry prices differ so we suffer loss. Only been trading 5 days with them and my account is at loss more than 5% .
I've used this signal provider for 2 weeks, and fully understand how they work. Their free channel shows them winning pretty much every single day, but it hides what is actually happening in the premium channel. The results they show in the free channel are true, but they make it seem like everything is great in the free channel. I'm going to explain why they are a scam. First of all, there have been many times where signals were sent late, meaning they were already in profit by the time I was able to enter them. I used an automatic signal copier that copies signals from Telegram to MetaTrader4, and they were still late, so it definitely wasn't my fault. I saw signals as late as 15 pips. Second, most of the time when trades go negative, they remove the SL, so the trade keeps on running. This can be very bad holding onto losing trades like that. So when you see the daily pip count, just remember that they don't show the current trades that are negative 100's of pips. Currently, they are in a GBPCAD trade that was sent late May, and its 500+ pips negative at the moment. The price they bought at was around 1.60200, and its currently around the 1.56650 area now. This happened because they advised to remove the SL, and it never came back to entry. This right here makes it very clear that they are using a demo account to show those huge profits with high 6.00 lot sizes.Third, they use a martingale strategy for their signals. When a trade goes negative, they keep on adding more trades. For example, that GBPCAD trade, I saw probably 20-30 trades alone on that pair in 1 week. They kept on buying the downtrend. I highly recommend staying away from this signal provider. What you see in the free group is not what it seems. They are very deceiving.
REALLY BAD! Beware of the positive reviews, this signal room is mediocre. copying their trades is almost impossible, the signals always arrive late (as if they were copying them from another room). There are ALWAYS several pips of difference between the actual entry price and that of their signals, and since they always say "secure your trade", it becomes impossible for us because our entry price is much further away! ATTENTION: they often leave open trades without stop losses even with hundreds of negative pips, which will probably burn your account. If this signal room does not improve in the future, I advise you to stay away
Signals from Forexpert are very good, however, they do send some signals when they are already plus 10 pips in profit. When you enter they sometimes tell you to move your stop loss to entry very quickly which can leave you in a loss in profits. I am giving it a 3* as I find it hard using their signals. Having said this their signal accuracy is very good.
They provide the best signals and they are really great the only down side is that there are always differences in the entry price like 5-10 pips difference so sometimes I skip couple trades because of that which are really not good but overall I like their service
I've tried so many of these signal providers... Most of them are total rubbish. These guys are AMAZING! They must have a crystal ball. I've been trading their signals for a week and I haven't made a single loss. The level of service is fantastic... They get you into the trade and then hold your hand all the way to the end with ongoing updates. They also have a customer service chat with immediate response. I've completely stopped trading on my own accord and only trade their signals. Well done guys and thank you!
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