How relevant are signals from M15 Signals?
We’d like you to read a review of M15 Signals. They introduced themself as “Most accurate
& Trustworthy Forex Signal Provider.”
It doesn’t look like true, but if you want to add this to the presentation, so be it.
It’s the next we see. What a sec. You just lied to us three times in two sentences and just want out money, seriously?
Let’s talk about their advantages as they see them:
- They provide us with short term signals.
- We’ll receive from 2 to 5 signals every day if we pay for free
- We’ll receive from 2 to 8 signals every day if we pay for a premium subscription.
- There is a group in Telegram where we can catch up live alerts to trade.
- They think that there will be almost 90% accuracy.
- We’re offered to get from 1500 to 3500 pips per month by following the signals.
- Most of the signals will be sent from 8 a.m. till 7 p.m. GMT
- Every signal has three take profit levels.
- No manual close required for opened trades.
- We’ll receive signals for trading Currencies and Gold.
- They support 29 symbols to work with.
- They provide us with risk management advice.
- We are free to trade through any brokerage company.
- The Premium subscription plan doesn’t have autorenewal.
- The minimum balance to work well with these signals should be around $400. If it’s $100 it’ll be still ok.
- The provided signals are not pending orders, they’re market execution, so, they have to be implemented asap.
- The acceptable risk they suggest to us to work with is 2%.
- 12 pairs they marked as most volatile: EUR/AUD, EUR/CAD, EURJ/PY, EUR/NZD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/USD, USD/CAD, XAU/USD.
- They declined to provide verified results.
- Their trading “department” originally is from Italy.
That’s all. What such a simple and good for nothing presentation!
Picture of results
It’s everything we may know about these signals.
Prising
We’ve got three packages on the plate. The first one costs $55 monthly. We’ll get 2-8 signals in a day with a 90% win-rate, with 1500-3500 pips money expectations. We can pay $110 and get three months subscription. For $175 it’ll be half a year one.
There’s a notice that some days can provide fewer signals because of very quiet or volatile actions that were triggered by events and news.
Social Network Profiles
The main channel in Telegram has got many members.
Signals look like this with entry info, SL, and three TPs.
A result is posted with numbers of pips and with TP level was reached.
There’s intel about gains of premium subscription members.
The Instagram page has got 10.6K followers, but there’s nothing to look at.
The Twitter page has 323 followers because there’s only info about the gains of premium subscription members.
Summing up
Pros
- Big Telegram channel
- Free signals provided
- Cheap pricing
- No auto-renewal subscription implemented
Cons
- No team revealed
- No people feedback provided
- No trading results provided
M15 Signals truly provide some signals from their pull for free. They have a big community in Telegram where at least over 20k people check posts they write. The offer includes three packages that depend on a monthly price from $55 for a month to $175 for half a year. Everything they do seems scam less. We can slowly but surely trade their free signals to make our own picture of how everything’s going on, after that, we can subscribe for premium. Several things we don’t like are that they didn’t explain strategy or strategies behind the system nor introduce the trade team that generates these signals.