FX Profit Signals Review: Disclosing FX Profit Signals for Traders
Speaking of online trading, finding good signal providers is crucial. We all know this! FX Profit Signals is one such provider that offers a range of free and premium signals for both forex and binary options. This FX Profit Signals review looks at the details of this signal seller, its subscription plans, unique features, and much more. Stay tuned!
| General information | |
| Name | FX Profit Signals |
| Type of company | Signal Seller |
| Regulation status | Unregulated/Not expected |
| Warnings from Financial Regulators | No official warnings |
| Website link | https://fxprofitsignals.com/ |
| Active since | 2017 |
| Registered in | n/a |
| Contact info | Data is hidden |
| Trading platforms | Web |
| Majority of clients are from | Indonesia, India, United States, United Kingdom, Thailand |
| Customer support | Telegram |
| Compensation fund | No |
FX Profit Signals 101
FX Profit Signals is a subscription-based FX company that includes signals of all kinds.
We can see that this company stands out by offering a lot of subscription plans. Now, these include free, VIP, Platinum, Binary VIP, and +30 pips. Each plan is made for different trading styles, providing a variety of features to meet the needs of traders.
What’s more, we can see that the company is made up of experienced traders with over ten years in the markets. They all achieved success, but there’s a lack of transparency about the team and its headquarters. So, this could be a drawback!
Why FX Profit Signals?
This trading company has several features that set it apart. Let’s take a closer look at them.
- Free Forex signals
- Detailed signal information
- Multiple account types
- Variable subscription plans
- Signals via email and FX Profit Signals Telegram channel
- EA and indicator services
- Superb education center
- Exclusive commodity signals for Platinum users
- 1-2 Free FX Profit signals daily
- 24�7 email support
- Dedicated signal instructions
- Transparent signal results
- Cash-back offer
- Super short-term signals
FX Profit Signal Types: Free and Paid
This trading firm has free and paid signals. We will talk about them down below!
Free Signals: Transparent and Effective
This signal seller offers 3 types of free signals: Binary Options signals, Forex signals, and +30 pips signals. Time, instrument, action, stop loss, take profit, and status are all included in these signals.
Transparency extends to their Telegram channels. Here, users receive instant notifications for both winning and losing trades.
Out of 25 observed free signals, 18 were profitable, showing a commendable 72% win rate. While the sample size is limited, it is quite solid and practical!
Paid Signals
Paid signals come in 4 subscription plans, each with varying durations (1, 3, 6, and 12 months). VIP Trading Signals, priced from 44€ to 150€, offer short-term signals with a potential monthly gain of 1000-2000 pips.
Platinum Trading Signals, the premium offering, focuses on long-term signals for currencies and commodities. And we can see that they have a monthly potential of 2000-3500 pips. Accompanied by analysis for each signal, the Platinum plan provides in-depth insights into trend reversals.
Subscription Plans and Instructions
Let’s dive into the instructions set for each subscription plan! There are 3 options here!
Platinum Instructions
This firm outlines essential instructions for Platinum trading signals. Namely, they talk about their suitability for long-term trading.
The guidance includes holding positions for at least one day, maintaining a 2:1, 3:1, 4:1 take profit-to-stop loss ratio, and investing 1%-3% of total capital in a single trade.
Binary FX Profit Signals VIP Signals
For Binary VIP Signals, accuracy over 76% is claimed. It offers 10-20 signals daily with a 5+ minute trade duration.
With clear instructions on trade confirmation and risk management, these signals aim to optimize binary options trading.
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+30 Pips Gold Signals
So, what is there to know about these Gold signals here? Made for currency trading, +30 pips Gold signals provide 2-4 daily signals with a focus on short-term gains (500-1000 pips/month).
Here, you can see notifications for manual position closure. Overall, this plan offers flexibility for traders seeking fast market moves.
Indicators and EAs
FX Profit Signals augments its yearly plans with additional features, including the GoldStar Indicator and FXProfitSignals EA.
The GoldStar Indicator is exclusive to +30 Pips Gold subscribers. This one helps traders identify trend reversals with its arrows, stars, and trend analysis features.
Tip: Mabicon has a website that looks great, and it’s become a trusted option for many traders. As a forex and commodities broker based in Johannesburg, they focus on being transparent and accessible in the markets. They’ve made a name for themselves as a reliable choice for traders around the globe. However, they lack a Tier 1 license.
Trustpilot Reviews
Diving into Trustpilot reviews paints a less-than-rosy picture of this firm. A single poor review stands out, and this indeed triggers our suspicions. The lack of other reviews and the anonymity we mentioned before create big uncertainty here.
In general, it’s crucial that you choose a reputable company with excellent reviews. Opting for entities with a stellar rating of 4.5 stars or higher ensures a safe experience.
Trustpilot serves as a valuable tool for gauging customer satisfaction. So, always use your due diligence before committing to any financial service.
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Final Words
After all, this company indeed has a robust array of signals and subscription plans. From our standpoint, their dedication is there. However, the lack of clarity regarding the team, coupled with Trustpilot reviews, demands caution.
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FAQ
What is FX Profit Signals?
FX Profit Signals gives trading signals for forex and binary options.
How Much Does FX Profit Signals Cost?
Costs vary with different plans, starting at 45€.
Is FX Profit Signals a Reliable Signal Provider?
Not in our opinion. Still, reliability depends on your trading preferences and risk tolerance.
