Good signals on the VIP telegram subscription, but quite a few trades are sent with no stop loss on the signal when it is first sent. they then send it 10 seconds or a minute later, but if you have a strategy where you trade 1% of your account balance per trade , it is impossible to calculate what 1% is without a known stop loss. you can only calculate 1% after they send stop loss, so you sit there unable to open the trade until that arrives. This should be sent at the time of the signal being first sent. ( I dont know why they don't just wait just 10 or 20 seconds and send it all in the same message as it would be a lot more efficient and streamlined. ) If you have a signal copier ( Mega FX Copier , or your own copier ), then the trade signal will be rejected if you have it set to trade 1% of account balance. Editing the message and re-sending it after 10 secs or 1 minute, is too late for a copier as it has already rejected, and sending it as a "reply" to the 1st message doesn't contain the original trade signal in a readable format. ( Please Mega FX learn how Telegram signals work ). Trading fixed lot size is an alternative, which Mega FX Copier has a setting to trade "if Stop loss unknown", but with stop loss size varying from trade to trade ( 15 pips , 40 pips etc etc ) the risk is never the same. It just means a lot of trades missed on copier "1% strategy", or a wait for stop loss to be sent and then manual calculated 1% trade entry ( because your copier rejected ), or a fixed lot size which like i said is never the same size risk . Please just send the trades with all info from the offset. I have asked them to look at this on their various Telegram chats channels, but on one side I had the customer services people telling me its a copier issue , and the copier help channel telling me its nothing to do with him as he doesnt create the trade signals.1 very easy fix = send all the information from the offset. Copier wont miss any trades. Trading a percentage of the account balance is better than a "fixed lot size" when the trades are of varying stop loss ( which Mega Fx signals are )UPDATE TO THE ABOVE REVIEW MEGA FX still sending signals with no stop loss, therefore not able to trade @ 1% of account balance trades. therefore the copier they also like to sell you to assist trading their signals will reject some of their trades with this 1% setting. Quite a few people work for this company, but none of them are telling their traders to send trades in an organised format. Most other signal providers send the signals with 1) entry price 2) SL3) TPMega signals don't / won't . Their traders wont listen to the customers needs and send orderly trades. Sending the SL "a minute or two later" is not good enough.
Claim your business profile now and gain access to all features and respond to customer reviews.
MegaFX consists of a team of seasoned, successful veteran traders with over a decade of experience in forex and fintech development. Throughout the years, we revolutionized Forex Trading for thousands of traders, using our own statistical trading methods combining both fundamental & technical analysis. We analyze the markets 24/7, observe the world economy, and provide accurate trading signals every day. Our goal is to deliver an unparalleled trading experience providing our clients with signal services that offer the most competitive trading conditions available in the market.
We thrive to provide high-performance market analysis and accurate trading signals. Our professional traders relentlessly analyze the Forex markets 24/7 searching for the best trading opportunities. Whenever a potentially profitable trade is entered our clients receive a telegram message update with all the key details; entry price, stop loss and take profit, etc. Our clients then simply copy the signals we provide and place risk-free, profitable trade on their trading account. By joining our Forex signal service you will be able to exactly follow the Forex trades of highly experienced traders. See more
