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Forex Expert AdvisorsReviews

M15 Signals Review: Is This Forex System Profitable or Not?

by manager91 11/01/2021
11/01/2021

M15 Signals is a company that focuses on generating and delivering signals for Forex-related users. The developers claimed that we can “Finance Your Future with powerful M15 Forex Signals. We provide Profitable Forex and Gold intraday Signals on a 15 minutes chart.” We are here to figure everything out. 

Is M15 Signals good?

We don’t think so. The service owners could provide us with relevant trading results or backtests that would be shown that we are safe investing in it. 

Features of M15 Signals

The developers provide us with some explanations about how the system behind the signals  works and what we should expect. 

  • The signals will be copied from their account automatically. 
  • It’s ”The most accurate and trustworthy forex signal provider.”
  • We can reach our trading goals following the signals. 
  • The devs are originally from Singapore. 
  • We can work with profitable signals that cost low. 
  • There are “100,000 happy traders,” the devs claimed. However, there was no proof provided. 
  • The data for testing was used from the past nine years. 
  • The developers “decided to create an All-in-One Solution and make our trading time interesting, profitable and easier than ever.”
  • Most of the signals are short term. 
  • The signal frequency is 2-8 signals weekly. 
  • The win rate can be up to 90%.
  • The monthly profitability can be from 1500 to 3000 pips. 
  • We can expect to work with three take profits. 
  • Orders are closed automatically. 
  • We can trade Asian, European, and American trading hours.
  • The system can open trades on Gold and other pairs. 
  • The message will include risk and money management advice. 
M15 Signals advantages
  • We can join a free or paid Telegram channel. 
  • “Most of the signals are sent during 08:00-19:00 (GMT).”
  • We will receive the best signals. 
  • “Risk management in Forex Trading is very important for all Traders so, like no other Signals Provider, Our Analysts will give You recommendations & advice on managing risk.”
M15 Signals pricing

The developers provide us with a welcome free trial that lasts a week. So, we can receive 2-5 signals. 

We can follow the service via three subscription packages. The one month rent is available for $60. The three-month pack is available for $120. The premium pack can be purchased for $190 for six months. These packages include 1500-3500 pips monthly. The devs don’t support us with a refund policy. 

Trading TerminalsAny
StrategyN/A
TimeframeN/A
Price$60, $120, $190
Money RefundNo
Recommended DepositN/A
Recommended LeverageN/A
Money ManagementNo
Customer ReviewsNegative

What strategy does M15 Signals use?

  • We have no idea what we should expect. It can be price action or trend trading. 
  • The symbols weren’t mentioned. 
  • We don’t know details about the time frame. 

Backtesting vs live trading results

Neither backtesting nor live trading results were shared. If the devs could provide us with backtests we would be certain that the advisor received proper testing before it was set to generate signals.

M15 Signals trading results

M15 Signals trading results

The website tries to convince us that these pips gained were real. Of course, they are not. If so, we would like to see the trading results that were obtained on a real account and verified by Myfxbook. 

The core team

M15 Signals’ page on FPA

We don’t know about the core team but we have a page with several testimonials on Forex Peace Army. The system has a 2.09 rate based on 28 reviews. 

Customer testimonials

The system has many negative reviews written where people shared their thoughts about bad experiences with using this service. 

End notes

End notes

M15 Signals is a company that introduces itself as a good helper with signals for Forex trading. The devs claimed much about the system but we haven’t seen any proof of its existence. The presentation doesn’t include backtest reports and trading results. The page on FPA includes more negative than positive testimonials about the system.

InvestGrail
  • Yield
    2
  • Reliability
    3
  • Trading Approach
    2
  • Consistency
    2
  • Customer Support
    3
The Goods
  • Affordable pricing
The Bads
  • No risk or money management advice given
  • No strategies explanations provided
  • No trading results or backtests shown
  • No refund policy supported
  • Many negative testimonials written
2.4 1.2 5
Average Score
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