Is fxprofitsignals.com a scam? Is it possible to make real profit from using this EA? Read this 2020 updated review of Forex Profit Signals to know what experts think.
FX Profit Signals is a forex Expert Advisor service that offers trade signals in real time. They believe their signals can help any forex investor grow their profit by giving them telegram and email notifications. However, words are wind, and it becomes our duty to find out whether or not FX Profit Signals is all they claim to be. This review covers all you will need to know about fxprofitsignals.com.
What to Know About Fxprofitsignals.com
Fxprofitsignals.com is a forex Expert Advisor service that provides investors with two key pieces of information; the best times to trade and the best currency pair to trade with at the time. Apparently, it was created by “a team of experts with more than 10 years experience”. We do not however, get to meet this team or at ;east it’s leader.
FX Profit Signals has it’s a free signal plan, a VIP and a Platinum service plan. The cheapest of them costs 45 EUR. Does any of this mean should you trust this EA well enough to invest with them?
FX Profit Signals Performance Check
Before purchasing forex signals from fxprofitsignals.com to boost your trades, here are some things about them you might want to consider;
FX Profit Signals Account Types
FX Profit Signals offers offers a free signal service and two paid plans; the VIP and the Platinum. The free signal service, as the name suggests, is entirely free. You only need to register as a member in order to start getting free telegram notifications from their free signal channel on when best to trade.
The VIP signal, contains the 1 month, 3 months, 6 months and 12 month plans ranging from 45 EUR to 210 EUR. With this, you’re promised up to 7 signals a day and a possible 2000 pips a month. Wow indeed! Need we mention you are also promised VIP signals via telegram and email. This plan mostly uses shot term signals
The Platinum plan also consists of 1 month, 3 months, 6 months and 12 months sub-plans. These services cost between 60 EUR and 310 EUR. The platinum plan uses long term trend reversal strategy and promises up to 3000 pips a month with about 2 signals per day.
These are really huge promises indeed. Let’s find out how well they have been keeping them, shall we?
FX Profit Signals Trade Results
FX Profit Signals makes so many promises that it’s almost impossible not to want to see how well they perform. The trade results of course, are the most important parts of any forex signal service analysis. Without verified trading results, all of this would just be mere talk.
Ufortunately, fxprofitsignals.com was quick to let us down in that aspect. The only thing they offer us is multiple screenshots from former trades which could have easily been handpicked to make them look good. We usually seek verified trading results from sharing service providers like MyFXBook. FX Profit signals however does not provide this necessity.
Since we are unable to verify any of the trading results provided by fxprofitsignals.com, let’s take analyse them from a different approach. Let’s look at the pros and cons of FX Profit Signals.
- Make use of both short and long term trend reversal strategy
- They offer live market updates
- They provide notifications via telegram and email.
- No link to verified MyFXBook accounts.
- No strategy information
- The danger of live market updates is you can only use them to trade immediately
- fxprofitsignals.com gives no background information on it’s creators.
FX Profit Signals Review: Conclusion
FX Profit Signals has some good prospects. It’s really sad to see that they can barely back any of it up. That being the case, we cannot recommend this EA to our readers. We advise you use forex signal service providers with proven, verified results.
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