FX Profit Pips is a company that focuses on spreading the Forex signals to traders and investors. The presentation looks simple and not quite informative. The main claim is “Live Forex Signals & Commodities Signals with an over 80-90% accuracy.” Let’s see what is true.
Features
The service has some features and explanations provided. So, we have grouped them up in the following list:
- We can expect to receive the best trading ideas.
- We are allowed to copy-trade their 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.”
- There are live streams of their mentors after which we can follow market trends.
- We will be able to become professional traders if we decide to follow their signals.
- There’s 24/5 support via a chat and 24/7 email support.
- The accuracy will be up to 90%.
- We can work with 12 cross pairs and 4 commodity pairs.
- The devs claimed that the team united 56 members from various countries where many traders are ex-bank workers.
- We can expect the next intel provided: entry point, take profit, and stop loss.
- We may choose any broker we want.
- We have to decide what risk we can take.
- The devs claimed that they have thousands of investors who work with them.
How to start trading with FX Profit Pips
We have rental and commission offers. There are four paid packages on the board. The starter pack is available for $10 for 20 profitable pips and no commodity signals. The standard pack cost $29 for 60 pips and four pairs plus Gold. The premium pack costs $49 for 120 pips for five pairs plus Gold. The pro signals cost $50 for 20 pips. We can rely on instant results, highly accurate, minute-to-minute updates, and a personal manager.
The copy-trading options are available as well. The basic pack includes 30-100 pips daily, a VPS service, a minimum deposit should be $1000, one account manager. The commission is 30% of profits. The professional pack includes 50-150 daily pips, two teams trade on our account, and one senior manager. The account must be $5000 or higher. The commission is 20%. The pro-business pack includes 50-300 pips, two high-end VPS, four teams trading on our account. We have two senior account managers who help us with this. The deposit has to start from $10,000. The commission is 10%.
Backtests
The system has no backtest reports revealed. We don’t know if the system was tested properly and if it belongs to them. We don’t know if it handled past data well or wasn’t tested at all. It’s suspicious.
Verified trading results of FX Profit Pips
We have only these numbers of “trading results” that are completely unproven. We can’t trust them all the way because this intel is verified by no one. Usually, the developers provide information to the site Myfxbook or FXBlue where this data is processed through filters and becomes charts and spreadsheets. The devs know that we need it but decided not to show it. Also, it can mean that they just provide signals, not trade them.
People feedback
We have several fake testimonials written on the site. They aren’t verified and most likely were written with the site at the same time.
Is FX Profit Pips a viable option?
Advantages
- There are many options to get started in the offer
Disadvantages
- No team revealed
- No risk advice given
- No strategy explanations provided
- No backtest reports provided
- No trading results shown
- No refunds supported
- Fake testimonials written
Summary
FX Profit Pips is a signal service that provides signals for twelve pairs and Gold. The presentation doesn’t include backtest reports or trading results provided. The signals are available for purchasing or copy-trading if we want to pay a commission. Alas, we have no testimonials written about how good the service is and how accurate these signals are.