FX Profit Pips provides live signals for FX and commodities that help in profitable trades. The vendor promises over 90% accuracy in real-time performance and claims that the clients have been profiting from the service for the past two years. As per the vendor, money management info is provided by the company via its best trading ideas. Daily alerts are sent to your phone through SMS and WhatsApp. Market updates are also part of the service which helps you stay connected to current market events. The trading room feature of this vendor provides info on improving your trading and returns.
Detailed signal service review
On evaluating the official site, we find the design is basic, and very minimal info is present that traders would find relevant. For instance, the vendor claims that a total of 56 experts across 11 countries form the team. There is no further info on the founding year, the experience of core members, and other details.
We could not find the location address, phone number, and other related info. For support, a live chat feature, an online contact form, and an email address are present. The lack of vendor transparency makes us suspect the reliability of this company.
Important features the vendor concentrates on are accuracy of over 90% and TP and SL for all trades. The signals cover 12 major currency pairs and 4 commodity pairs. For the working method, info on the analysis results for buy/sell details for AUD, NZD, GBP, CAD, EUR, USD, and Gold are provided. You can follow the live technical chart analysis of the vendor and copy the trade at the specific market price.
FX Profit Pips strategy tests
We could not find a mention of the strategy used. The failure to reveal the strategy raises a red flag for this service. Furthermore, we could not find backtesting results. The official site has a separate section for past performance. Under this section, the vendor provides reports on the performance of the company for the past four years. The lack of transparency regarding the strategy and failure to post backtests make us suspect this is not a reliable service.
Real trading results
A few examples of profitable trades are posted on the site as shown above. The screenshot reveals the deposit amount, balance, and profit details. However, the vendor does not provide verified trading results. We prefer real trading results verified by sites like myfxbook, FXBlue, and FXStat as they display significant details like the profitability, the risk to reward ratio, lot size, profit factor, and more. The info provided helps in assessing the efficacy of the system. Without a verified track record, we suspect the reliability of this company.
Different pricing plans are present for this company with the price ranging from $10 up to $50. The starter pack is the basic package costing $10, while the Standard, premium, and pro packs cost $29, $49, and $50 respectively. Fixed SL and TP, live signals and pending orders, 24/5 live chat, and alerts via WhatsApp are common to all the packages.
The number of pairs and commodities they support differ. A significant point to note about the packs is that they are valid only until you reach the mentioned pip level, which is 20 for the Starter pack, 60 for the standard, and 120 pips for the premium packages. A full refund of the payment is assured if you are not satisfied with the performance and want your money back.
We could not find user reviews for this company on reputed sites like Forexpeacearmy, Trustpilot, myfxbook, etc. The lack of reviews indicates this is not a popular system among the trader community.
FX Profit Pips assures maximum profit with the personalized assistance it offers. Our evaluation of the features, trading approach, track record, and other aspects reveals this is not a trustworthy service.
The lack of info related to the strategy used and the failure to provide a verified track record are two major downsides that raise a red flag for this service. Furthermore, vendor transparency is not present and the absence of user reviews are other downsides that confirm our suspicion that this is an unreliable service. In short, we would not recommend this signal provider.
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