PriceAction Ltd Review: Is PriceAction Ltd a Forex Powerhouse or a Dud?
Curiosity piqued by PriceAction Ltd’s bold claims? Wondering if their promises of profit hold true? In this extensive PriceAction Ltd review, we cut through the noise to bring you an honest perspective on their forex services. Stick around as we dive into the nitty-gritty and see whether this company lives up to its claims.
|Type of company
|Warnings from Financial Regulators
|99 Guild Rd, London, UK
|[email protected], @pafx_subbot
|Majority of clients are from
|India, Nigeria, United States, United Kingdom
|Email, chat, and Telegram
About This Company
So, what is the first thing to mention about PriceAction Forex Ltd? This is a forex signal provider that became quite popular recently. The company claims to have a team of skilled traders. They claim to be the best at delivering profitable and accurate forex signals through dedicated Telegram channels. Still, we are not so sure these claims are legitimate after all.
The PriceActionLtd Telegram channels include specific services, backed by 24/7 customer support. And when you go into the premium signals channel, you will find a consistent monthly gain of 1,600+ pips over 9 months.
Beyond forex, they extend their reach to commodities, indices, and crypto. Also, we can see a suite of tools, including the Automated Trader Bot, a copier, calculators, and insightful e-books.
The most important thing here is that this firm received a warning from the FCA. This tells us that we are dealing with a possible scam.
Free Signal Secrets
As a matter of fact, there are many things to see on their free Telegram channel. They generously share 5-6 free signals weekly. Notably, we can see that they use the following:
- Entry Price,
- Stop Loss, and
- Take Profit.
They share insights even in the face of losses. This may seem like a brave move, but remember that this company is a scam.
Daily Trade Projections
On a daily basis, the team here unveils trade projections, showcasing their trading skills. This commitment to transparency is one positive aspect.
This is because it allows users to regularly gauge the company’s performance. We think this is a plus!
Tip: Have you heard of the Fred Trading scam? The con artist behind this company portrays an extravagant lifestyle on Instagram. But, our analysis reveals that his story is fraudulent, designed to scam traders. It is crucial to be cautious when dealing with people like Fred Frost.
VIP Forex Signals on Telegram
For VIP members, this trading firm goes above and beyond. Namely, they provide 5-8 signals daily with the aim of exceeding 200 profitable signals monthly. Back in 2021, they achieved an impressive 16,732+ pips for their premium service.
This exclusive tier also comes with account management opportunities and weekly exclusive offers. They made this for their VIP clientele.
Other Significant Features Here
This company talks about an impressive array of features designed to elevate the trading experience. Let’s take a look at them below:
- Automated Trader: Deciphering market trends for optimal trading positions.
- Signal Statistics: Numerous profitable signals for indices, commodities, and crypto assets.
- Scalping Signals: A 43% growth opportunity for forex market scalpers.
- Signal Copier Application: Execute live signals within 5 seconds, minimizing missed opportunities.
- PAFX Secret Indicator: Boost trading efficiency by highlighting profitable market movements.
- Educational Resources: PriceAction Ltd offers two ebooks, “Learn With Pafx” and “The Complete Guide to Forex Trading,” along with regular blog posts covering financial markets, forex, market fads, and current world events.
Drawbacks and Concerns
Let’s take a look at some common drawbacks here!
- Pricing Concerns: Some investors find the PriceAction Ltd price options overly high.
- Live Signal Challenges: Users may encounter difficulties catching live signals for indices and commodities. This is due to the fast movement of these markets.
Tip: Timothy Sykes is a popular American trader who turned a $10,000 gift into a multimillion-dollar fortune. He displays his lavish lifestyle online. What’s more, he has managed a hedge fund, established a charity, and made some TV appearances.
PriceAction Ltd Reviews and Ratings
Diving into client reviews is a crucial step in evaluating any service. If you are wondering about the PriceAction Ltd Trustpilot ratings, you won’t find any! This company indeed seems to lack Trustpilot reviews, raising suspicions in our opinion.
However, it’s worth noting their commendable 4.6-star rating on Trustindex.io. After all, this signifies positive sentiment among users.
Know that in terms of financial services, trust is essential! We advise potential users to consider firms with ratings of 4.5 stars and above for a safer experience. Choosing a reliable and highly-rated company can save you from many troubles. This goes without saying!
How to Choose a Safe Trading Company
Security is the first thing to think about when it comes to investing or trading. This is a fact! Make sure you do your research and check out company profiles on trusted sites like Trustpilot. Dive into the full features of the company, leverage, prices, and trading conditions. Moreover, don’t skip customer support and office headquarters!
The key to finding a reliable firm is to look for one with a good reputation. You should know that most firms care about safety and include many good features. And let’s not forget the risk involved! Legit trading firms play it safe with strict risk management policies. What’s more, they’ve got your back with many superb training programs. Keep this in mind!
Unlock the Door to Profits in Online Trading
So, are you excited about making money through online trading? The path to financial success is at your fingertips! You can always contact us for free consultations on leading forex and crypto trading platforms.
What’s more, explore our latest offering – prop trading! Partnering with our proprietary trading firm could see you earning up to $180,000! It’s a mind-blowing opportunity that comes once in a lifetime!
Final Verdict – PriceAction Ltd
In conclusion, PriceAction Ltd Forex provides a variety of services. We found forex signals, automated trading, and many educational resources. We think what they offer is solid, but it’s not so appealing after all. In our opinion, there are better signal sellers on the market.
All in all, it’s smart to choose wisely and consider the best possible offers out there! Don’t forget about our proprietary trading firm, where you can earn up to $180,000! So, make informed decisions and secure your financial future.
What is PriceAction Ltd?
PriceAction Ltd is a signal provider that offers services through the Telegram channel for traders.
Is PriceAction Ltd Legit?
We have reservations about the legitimacy of this firm. They received a warning from the FCA.
What is Proprietary Trading?
Proprietary trading is partnering with a prop firm to trade. For instance, we offer potential earnings of up to $180,000.