FX Profit Pips is a company that generates signals for trading on Forex terminals. The presentation doesn’t look well-written and informative. The main claim is “Live Forex Signals & Commodities Signals with over 80-90% accuracy.”
Is FX Profit Pips good?
We don’t think so. It’s hard to predict whether the system will be good for us or not. So, we can’t suggest it to anyone.
Features of FX Profit Pips
The service has some details explained about how good it is and what features it has.
- The system provided us with the signals automatically.
- The advisor generates the best possible signals.
- “Forex technical trading experts give everything such as Market analysis, Forex currency pair review, options trading, Swing Trading, Trading Capital, Commodities, indices, cryptocurrency traders, daily market insights.”
- We can join the devs’ streams where they explain to the audience how everything works.
- These signals can help us to become better traders.
- We can expect to get support 24/5 via chat and 24/7 via support.
- The accuracy is up to 90%.
- We should be ready to work with 13 currency pairs and 4 commodities.
- The team includes 56 members from countries around the globe.
- Most of them are former financial companies and bank workers.
- The intel will include Entry Point, Take Profit, and Stop Loss.
- We may expect to get refunds if signals aren’t bringing profits.
- We should feel free to ask for advice.
- Trading is allowed on any broker we want.
- Clients have to customize risks on their own.
- There are thousands of traders who like this service.
There are four subscriptions provided. A starter pack is featured by 20 pips for $10. A standard pack is featured by 60 pips for $29. The premium pack provides 130 pips for $49. The pro signals provide 20 pips for $50. We can expect to get instant results, highly accurate, minute-to-minute updates, and a personal manager provided. There is no refund policy included.
The system can be available for copy-trading if we run referral accounts. The Pro Basic Pack allows gaining 30-100 pips daily for $1000 accounts. We have one account manager. The commissions are 30%. The Pro Professional Pack is featured by 50-150 pips daily for $5000+ accounts. It comes with 20% commission. The Pro Business Pack is featured by 50-300 pips daily for accounts with $10,000 on the board. The commission will be 10%.
|Price||$10, $29, $49, $50|
What strategy does FX Profit Pips use?
- We don’t know details about the strategies behind the system.
- There are 13+4 symbols allowed to trade.
- We don’t know details about time frames.
Backtesting vs live trading results
The presentation doesn’t include backtest reports at all. It’s typical for signal services. It means they can not generate these signals and just proceed with someone’s. So, even if they own the system, we’d like to know what results it could achieve based on the past data.
FX Profit Pips trading results
There are some screenshots published that aren’t verified by Myfxbook or Fxblue sites.
The devs try to convince us that these random numbers were real trading results. It’s ridiculous. We may note that they forgot to fill up October. This just proves that the data is not relevant. Usually, the devs are happy to share Myfxbook or Fxblue verified trading results to say proudly that the system is relevant and stable.
The core team
There’s no intel about who these 56 members are from around the globe.
We have several comments written about the system on the dev’s website. However, we can’t trust them as they can easily be manipulated, bought, or concocted. We could not find any customer reviews on reputable third-party websites like FPA or Trustpilot.