FX Profit Signals Review

FX PROfit Signals is a company that mainly specializes in offering Forex trading signals in real time. The team involved promises to identify the best trading opportunity for you and immediately send you highly accurate signals. They also tell you the best time and way to trade as well as which currency pair is good to choose. But can you really trust this vendor? Our review will answer this question for you.

FX Profit Signals offers two paid plans. We have the VIP package, which has 1 month, 3 months, 6 months, and 12 months subscription plans that cost between €45 and €210. With this VIP pack, you will receive 5-7 signals daily and make up to 2000 pips monthly. This profit figure sounds too good to be true.

Then we have the Platinum plan, which also integrates 1 month, 3 months, 6 months, and 12months subscription packs. Their cost ranges from €69 to €359. It also provides similar offers as the VIP channel. However, it has additional features like signals for gold, silver, platinum, Brent, and WTI, as well as long-term and trend-reversal signals, and promises up to 3500 pips per month.

FX PROfit Signals trading strategy

The analysts in this company say that they combine some technical and fundamental analyses when scouting for signals. Once figured out, the trading opportunity is submitted to clients immediately. This strategy description is insufficient and unsatisfactory. The professionals do not specify what techniques they specifically apply to spot lucrative trading signals. It shows us that the team has no clue about what it is doing. Maybe signals are selected randomly.

FX PROfit Signals features

The company features the following services:

Provides Forex Signals in real time via Telegram messenger and email notifications.
Access to free services including competitions, free trading signals, current promos, and trading news.
Posts signals when a trading opportunity is available from 8AM till 5PM (US and UK sessions) at GMT+2 or GMT+3.
Shares with its clients the Buy/Sell orders, the Entry point, Stop loss and Take profit levels.
The recommended starting deposit is $10 or more for a standard account or $1,000 for a mini-account so as to allow traders to regulate risk.

FX PROfit Signals backtesting results

Backtesting results are missing in the company’s sales pitch. The team is bent on convincing traders that their signals are very profitable. The best way to do so is to show us their past performance. Unfortunately, the vendor downplays this data. The statistics are probably nonexistent since no testing was done.

FX PROfit Signals live trading results

All the more serious, the provider has no verified live trading results on Myfxbook, FXBlue, or similar sites, like FXStat. We only have multiple images supposedly highlighting how the company’s signals worked in the live market. You will not be surprised to discover that almost all of the signals brought in profits. The team could have fabricated this data to make the firm look good. It’s ridiculous how easily such statistics can be manufactured.

FX PROfit Signals reputation

The face behind this company is Matthew Addams, a self-proclaimed Senior Forex analyst who has been trading in this market for 15 years. Allso, the service provider is composed of “a team of 10-year-old experience in the Exchange sphere.” Unfortunately, the group members are not introduced. We don’t know how many they are, their role descriptions, qualifications, etc. Furthermore, the company does not disclose its physical location or contact address. Dealing with this vendor is thus risky because there is no way of reaching them in case you lose your money.

Customers are not satisfied with the services provided by FxProfitSignals. This is well illustrated by the 1.198 rating it has received on Forex Peace Army from 4 reviews. There are concerns that the trading analysts are picking out signals randomly, and their performance isn’t good. Another trader intimates that the vendor can easily scam you of your money by failing to provide the services you paid for.

FX PROfit Signals review summary

The FX PROfit Signals team is composed of a bunch of con artists. They promise to help you to trade effectively in the Forex market using their signals, but the truth is that they hardly know anything about trading. They don’t explain the strategy they use mainly because they choose them through guesswork. The lack of backtest results and verifiable trading data further sheds light on their incompetence. So, run from this service provider while you still can.