Easy Forex Pips is a Forex signal provider promising 95% accuracy that delivers different types of signals on a daily basis. It also maintains a Telegram channel where experts assist you with your trading schemes and help you gain better results in the Forex market. Furthermore, this system has more than 4 years of trading history and reveals the latest outcomes for different currency pairs.
Detailed Forex Robot Review
On the official website of Easy Forex Pips, we have been provided with a detailed presentation outlining the main features, advantages, live trading results, and pricing plans. There is also a contact form using which you can get in touch with the service team and an “About Us” section where you can find some information about the company.
The vendor claims that Easy Forex Pips is made up of a team of expert traders having 5+ years of experience. We can see that the “About Us” section is all about the company mission and how it can help new and experienced Forex traders.
There is not much information to be found regarding the identity of the developers, where they are based, the company headquarters location, etc. Thus, we cannot say that the company does everything to maintain vendor transparency.
Through the signals supplied by Easy Forex Pips, you can track your trades with greater efficiency and never miss out on a lucrative trading occasion. High accuracy can be achieved for the signals owing to the thorough analysis performed by the team. Through the VIP Telegram channel, signals for both short-term and long-term traders are provided.
The signals give you vital information like the best time to place trades, how to place them, and which currency pairs to trade in. Although you make this work with any broker, the vendor recommends the XM broker, as the signals are optimized to work best with it. After completing your purchase, you will receive instructions via email that will help you get started.
Easy Forex Pips Strategy Tests
There is little or no information to be found on the official website about the trading strategy applied by the system for generating the signals. It is mentioned that the experts employ manual trading strategies involving technical indicators for generating them, but we have no idea what these indicators and strategies are. Some Forex traders look for a proper strategy insight before investing in a system, so they might find this disappointing.
No backtesting data is provided by Easy Forex Pips. By comparing the backtesting and live trading results, we could have gauged the efficacy of the system more efficiently, but since they are not available, we cannot say whether the supplied signals are profitable or not.
Live Account Trading Results
This particular trading account for Easy Forex Pips Review is verified independently by Myfxbook. It was launched on April 26th, 2019, and to date, it has placed 15,016 trades. Currently, the absolute gain and the time-weighted return for this account are at 11.02% and 280.7%, respectively.
We can also see that 10491 out of 15016 trades have been won through this account, and this represents a profitability of 70%. It has won 69% of long trades and 70% of short trades with the average win and average loss being 91.45 pips/$45.05 and -165.35 pips/-$68.74, respectively.
The daily and monthly gains for this account are 0.23% and 7.115, respectively, while the drawdown is quite low at 16.55%. Last but not the least, it has a profit factor of 1.52, which is pretty decent for a Forex signal provider.
Easy Forex Pips has four different pricing plans for 1 month, 3 months, 6 months, and 12 months durations, and these cost $45, $75, $105, and $150, respectively. With all of the plans, you get 4-7 signals daily, chart analysis, 1-3 targets for each trade, more than 4000 monthly pips, and money management tips. The plans are not very expensive, and the vendor also offers a 14-day money-back guarantee for all customers.
On the Trustpilot website, we found several reviews for Easy Forex Pips, with most of them being positive. The users have praised the smooth experience offered by the system, and how the signals have helped them grow their portfolio on a consistent basis. This Forex signals provider seems to have a proactive customer service team, and they have even replied to some of the reviews, which tells us that the company cares about its clients.
After performing an in-depth analysis of the different system aspects, we have reached the conclusion that Easy Forex Pips is a system you can trust.
Not only are their services affordable, but they also provide live trading results and have several positive customer reviews.