Today I’m looking at a new Forex signal service that specializes in trade alerts for CFD brokers, Signals Win. This provider pushes the concept that they only provide profitable trading opportunities. I figured, it’s been a while since my last signal provider review, so let’s see how this market is moving forward and breakdown everything they have to offer.
It is unknown who the developers this service are, but they are located in Lithuania, Siauliai, Šiauliai. In order to get in touch with support, traders can email support@signalswin.com or call their UK International switchboard, +44 (0)1733 59 2227. As always, I recommend contacting support in one way or another to have a conversation, and see if it feels right for you. The last thing you want to do is sign up with the service, and then realize that you don’t connect properly with their approach.
Contents
Signals Win Review
There are 4 key points that the Signals Win team want the community to be aware of when considering their trade alerts. They provide 24/7 live chat communication, fundamental worldwide news, top technology including special algorithmic codes and 18 winning signals. I’m really not sure what 18 winning signals means, but I hope it doesn’t mean that we only get 18 winning signals, and the rest are losers. As for the algorithmic code in the fundamental news, these aspects of their process are not elaborated on, so we have very little insight into their strategic approach.
In terms of the traders providing the signals, we are told that the group of traders that put this process together are located all around the world. Oddly, we are not introduced to any of the traders, and they don’t tell us the level of experience that these traders possess. For all we know, we are being provided signals by a 14-year-old with little to no experience in the Forex markets at all. There are definitely quite a few elements on the sales page that should be elaborated on in much more detail.
Generally signal providers are lacking in the content provided about their services, and this is notable another recent reviews of Forex Signal Factory, Forex Profita and Pips Make.
Breakdown
- Type: Forex Signals
- Price: $10-$500
- Strategy: Undisclosed
- Timeframe: All Timeframes
- Pairs: ETH/USD, EUR/JPY, USD/JPY, USD/CHF, GBP/USD, ETH/EUR, ETH/LTC, LTC/USD, EUR/GBP, EUR/USD, GOLD
Two of the main differences I’ve noticed about the Signals Win service, and other Forex signal providers is the pairs that they are providing signals for, and how they sell their packages. You can see that the creators of this service are frequently trading crypto currencies, which is a rarity in the Forex marketplace. In my personal opinion, I find that crypto currencies are some of the worst assets to trade, for the explicit reason that they are volatile and unpredictable. Maybe this group found a way to mitigate these risks.
As for the pricing and sales method of the signals, the group doesn’t charge on a monthly basis, but charges per signal. So, traders can purchase a 10 pack of signals, or even a 100 pack of signals. The only question I have about this method, is can the client specify when the signals are being provided. For that I mean, can the client request just one or 2 signals a day, or if the vendor is sending 40 signals a day, is the entire package going to be depleted within a few hours. This should be explained by the vendor somewhere.
It is also noted that traders are not charged for losing signals. So if you lose 5 signals in a row, you would still maintain the original amount of signals you had in your package before that time.
Trading Results
The Signals Win vendor provides us with a table that shows the last 15 trades. Outside of this table, there are a few testimonials, but no other results or verify trading statements. Considering this signal provider is sending signals out on a daily basis, there is really no excuse why they can’t be providing full access to all of their trading results.
They should certainly be using Myfxbook or FX Blue account in order to be as transparent as possible. This is certainly an aspect of their service that they need to improve upon.
Conclusion
If you’re looking for a signal service that’s exclusively for Forex CFD brokers, then Signals Win is one of your only options. Yet, it’s important to note that the CFD brokers I’ve reviewed haven’t received positive feedback from the community, as you can see in the client feedback of KayaFX. Your best bet is to utilize a normal Forex broker, and avoid CFD’s altogether.
If you have anything you would like to add to the review, please leave your comments and questions below the article now.
they do not profit save your money