FX Profit Signals is a Forex related company that focuses on generating signals for traders. The presentation includes various information about the system. We have the main statement about it like “Learn, Trade, and Profit with the Best Forex Signals.” Let’s check the reliability of this Forex signals service to decide whether we can trust it or not.
FX Profit Signals company profile
The developers decided not to provide us with the information about their identities or their legal registration if they have one.
The highlights of FX Profit Signals
We have united all useful information about the system in the following list for your comfort.
- There are free signals available to give the system a try.
- We have a “powerful Forex trading analysis tool that provides subscribers with Buy/Sell trading signals.”
- We can rely on the signals being quickly delivered.
- The signals can provide us with proper knowledge how to trade better.
- We have free signal packs provided.
- It allows us to work with a high win rate.
- Any signal is delivered with the following information: Time, Entry Point, Direction, Cross Pair, Take Profit and Stop Loss.
- The signals “give us strategies for all market conditions (trend following, for trend reversal, or counter-trend trading).”
- The devs mentioned “the critical areas.”
- We don’t know what they meant.
- We can find some free signals mentioned on the site.
- We can work with them on a demo account.
- They provide us with clear trading ideas.
- The risks can be customized by us if we want.
- We are allowed to use copy-trading software.
- “Everything was developed only by professional traders, developers, and analysts.”
- The owners mentioned that they have over 14 years of trading experience.
- We can find training videos and use them for free.
Trading results with FX Profit Signals
It’s hard to understand why the developers decided not to provide us with backtest reports that would help us better understand the efficacy and reliability of the system. It’s a con because we don’t know what trading results the system achieved, working with the past tick data.
There are two lists of free and paid signals executed. We may check what currency pairs the robot works with and what TP/SL it has. We also can note how often the robot achieves TP3 levels.
Anyway, instead of trading results we have those not actual reports. We would like to see results verified by well-known sites like Myfxbook or FXBlue. They check the data properly and form charts, sheets, and diagrams to help us with working with the system properly. It is common to show the account from which we can copy trade signals.
FX Profit Signals packages
The offer is split into four sections depending on features and final prices. The one-month subscription is available for €45 when the three-month subscription can be bought for €90. There are 5-7 short-term signals daily, 1000-2000 pips that we can gain monthly, a telegram channel, and 24/7 welcome support. The half a year subscription pack is available for €140. The annual subscription pack is the ultimate offer for €210. The last two packs include a robot.
Assistance
The developers provide proper support via email, answering within several hours on average.
Other notes
FX Profit Signals have a profile on Forex Peace Army with five testimonials written. The ultimate rate is horrible – 1.156. There are no trading accounts connected.
People didn’t have proper experience with the system and they couldn’t manage to become profitable with it.
Is FX Profit Signals a reliable system?
We don’t think so. There are neither backtest reports, verified trading results, nor strategy explanations provided. Testimonials mentioned that the system isn’t that good.