Velocity Finder Neural Trader promises a unique indicator that differs from other similar systems in the market. It uses an exclusive analysis and powerful logic to get better results. The vendor guarantees accurate buy/sell info derived from the best FX trading approaches. With the system being automated, the data processing capacity is very large, as per the vendor.
Detailed Forex system review
WeTalkTrade is the developer of this indicator system. It provides trading solutions for amateur as well as professional traders. As per the vendor info, traders can find info on the successful trading methods and the loss limiting techniques.
Established in 2009, the company has expanded its services and products over the years. Its products include indicators like Trading Session and Pipbreaker besides the Velocity Finder. There is no info on the developer team.
The vendor is based in Wilmington Delaware, USA, and provides the location address of its office. No phone number is present for contacting the support. An email address, an online contact form, and a live chat are the customer support features present.
Here are the main feature highlights of this indicator as per the vendor:
- The trading tool analyses real-time info and provides precise predictions without repainting that are reliable.
- The system is appropriate for all market conditions and can withstand fluctuations in the market.
- It uses unique logic and hand-picked strategies for its predictions.
- The indicator works on the MT4 and MT5 platforms and provides accurate indicators for all currency pairs.
For beginners, the comprehensive trading instructions and guide helps in improving their trading. The vendor claims that the unique analysis of the trading tool provides accurate predictions. Instant alerts are sent to your mobile enabling you to make entries or exits immediately without any delay.
Velocity Finder Neural Trader strategy tests
While the vendor mentions that the FX trading tool contains a complete package of the best strategies, there is no mention of the approaches used or an explanation of the strategies. No backtests are present. The lack of info on the approaches used and the absence of strategy tester reports makes us suspect this is not a reliable FX trading tool.
Real account trading results
The vendor provides examples of trading on the official site. But these do not provide details of the trading like the profit, drawdown, lot size, and more. We prefer trading results verified by reputed third-party sites like myfxbook, FXBlue, and FXStat. The lack of a proven track record raises a red flag for this indicator.
For using the lifetime license of this indicator, you need to pay $450. The package includes the indicator with the best FX strategies, instant alerts on achieved targets, new trades, and loss, and free lifetime updates and support.
The SL and TP levels can be customized and the vendor assures precise entry and exits with its reliable indications that provide consistent performance. Comparing the price with other similar indicators in the market, we find that the price is expensive and not worth it. Furthermore, the lack of a money-back guarantee raises doubts regarding the reliability of the product.
We found 36 reviews for this company on the Forex Peace Army site. Here are a few of the reviews.
From the feedback, we can see that the service is not accurate and results in more losses than profit. Another user indicates that there are plenty of false signals. Furthermore, the Forexpeacearmy site indicates that spam was used instead of ethical promotion for the company. The feedback and alert from the Forexpeacearmy site indicate this is not a trustworthy company.
Velocity Finder Neural Trader claims to provide reliable and accurate signals. But our evaluation of the features, working method, strategy, and performance reveals this is not a reliable indicator. Firstly, the vendor does not reveal the strategies used for identifying accurate trades. The lack of strategy tester reports further raises suspicion on the trustworthiness of the system.
Instead of providing verified performance results, the vendor has a few examples of trading done with its signals. From the negative user reviews and the complaint by the Forexpeacearmy site that the company is using spam, we find this is not a reliable service. Further, the product is overpriced and with no money-back assurance. In short, the downsides confirm that this is a scam site you should avoid.