Forex Robot ReviewsPassive Income

FX Leaders Review: Is it Wise to Hand Your Trading Over to This Signal?

3 Mins read
3.8

FX Leaders is a signal provider that promises effective signals that bring to you the best trading opportunities. The regular alerts along with the analysis and recommendations on effective trade settings are the main focus of this company. Besides the signal service, the firm offers market news in real-time, and the signal alerts are sent for indices, commodities, and cryptocurrencies.  In this review, we intend to verify the claims of effective and profitable signals by a detailed analysis of the offering, performance, trading approach, pricing, and other influencing factors.

FX Leaders company profile

The company is based in Israel and has domain copyright under Smart Financial Traffic Ltd from 2012 to 2021. A location address and an email address are present but there is no phone contact. According to the info provided on the About Us section of the website, the firm is led by Skerdian Meta, a trade analyst, and his team of expert analysts and traders. 

The team is said to have combined trading experience in diverse financial markets like indices, cryptocurrencies, commodities, and currency pairs. Some of the team members include Arslan Butt, Rowan Cosby, Shain Vernier, Eric Furstenberg, and more. The images of the members along with their expertise and LinkedIn address are provided. 

The highlights of FX Leaders

Features of FX Leaders signal service
Features of FX Leaders signal service

From our overview of the website, the main focus of the company is on providing info about its live FX signals along with monthly signal highlights. A major part of the website covers info on what signals are and how to choose the best provider. Some of the key features that the vendor claims this service provides include:

  • Long term signals that extend from 24 hours up to a month or more with a pip range of 80 to 250
  • Short term signals having a timeframe ranging from10 minutes up to a few hours with pips ranging from 15 to 50
  • Non-FX signals are provided for commodities, indices, and cryptocurrencies.
  • Alerts are sent via mobile, email, and sound. The information present includes issued time, entry price, traded instrument, buy/sell signal, and the levels for SL and TP
  • An economic calendar that provides updates on the current market events

Facts & figures 

Profit/Loss report for FX Leaders
Profit/Loss report for FX Leaders

This company focuses on the manual management of signals done by the team of experienced analysts. As per the vendor, diverse trading approaches are used by its team to generate the signals. However, the vendor does not provide further explanation of the approaches used. Nor does the firm provide verified trading results to prove its claim of profitable signals. 

Instead, a profit/ loss report is given, which is available only for the premium members. In the report, you can find info on the signal type, the specific instrument, TP, SL, and more. The lack of a proven track record is disappointing. We prefer results verified by a reputed FX site like myfxbook, FXBlue, etc. as the results reveal better insight into the performance.

FX Leaders packages

The Premium package of FX Leaders
The Premium package of FX Leaders
Special promo offer from FX Leaders
Special promo offer from FX Leaders

A Premium package is offered by the vendor for $9.80/month which is charged annually. The packages include alerts via email and mobile for long-term signals, access to performance reports, unlock entry price and more. You can also set up an account with AvaTrade broker, fund it with a minimum amount of $250 and get the premium features free for a whole year. 

Assistance

Contact form for FX Leaders
Contact form for FX Leaders

To contact the support service an online contact form is the only option the firm provides. The lack of sufficient support info makes us suspect the reliability of this service.  The customer review below confirms our suspicion about the unreliability.

Customer review for FX Leaders
Customer review for FX Leaders

Other notes

Fake review warning for FX Leaders on the Forexpeacearmy
Fake review warning for FX Leaders on the Forexpeacearmy

We found 24 reviews for this company on the Forex Peace Army site. The site reveals fake and suspicious positive reviews for the service. Here are a few of the feedback from users.

Customer reviews for FX Leaders
Customer reviews for FX Leaders

From the above reviews, it is clear that the service is a scam with poor performance and customer service.

Is FX Leaders a profitable bet in 2021?

We don’t think so. Our evaluation has exposed several shortcomings in this service that indicate it is not a trustworthy site.

  • No explanation on the trading approach used
  • No verified trading results
  • Inadequate customer support

Since performance and support are key to make a service viable, this vendor does not meet our main criteria for a reliable system.

FX Leaders Summary

3.8
FX Leaders claims to provide profitable signals generated by its team of expert analysts. Our assessment reveals the company lacks in several aspects including its trading approach, performance, and support. Hence, we find this is not a wise investment choice for traders.
1.0

Performance statistics

2.0

Reviews from customers

4.0

Ease of use

4.0

Implemented strategies

8.0

Pricing

Pros

  • +Affordable pricing

Cons

  • -No trading results
  • -Poor customer support
  • -Negative user reviews
Related posts
4.4
Forex Robot ReviewsPassive Income

WeTalkTrade Review: Is It Wise to Hand Your Trading Over to This EA?

3 Mins read
WeTalkTrade is a live Forex signals application that notifies merchants on market shifts and signal updates. It supports all assets and according…
5.6
Forex Robot ReviewsPassive Income

Gold Scalper Pro Review: Is It Wise to Hand Your Trading Over to This EA?

3 Mins read
Gold Scalper Pro is an expert advisor that works with Gold. The devs insist: “GOLD Scalper PRO is One of The Most…
4.6
Forex Robot ReviewsPassive Income

EA Black Dragon Review: Is It Wise to Hand Your Trading Over to This EA?

2 Mins read
EA Black Dragon is an expert advisor that runs on he Black Dragon indicator. The advisor has a short presentation that includes…

Leave a Reply

Your email address will not be published. Required fields are marked *