ForexSignals.cc Review (WhatsApp Trading Signals)

ForexSignals.cc is a Forex signal provider aiming to give their clients real account profits. They send signals via Whatsapp, and promise that their analysts are real traders that are monitoring the markets 24 hours a day. Today we will be providing a full review and letting you know if they are living up to expectations.

Forex Signals Inc. is located at Old Broad Street Business Centre,
London, UK, EC2M 1RX. The company first started providing their service in 2014 as “a group of independent traders in London.” Now, they believe that they are one of the most innovative platforms in the entire market, relied upon by real investors. They don’t seem to provide any details about the traders or analysts that provide the signals. There should be a little more transparency in that area, as we don’t want to be receiving signals from traders without experience.

In order to get in touch with support, traders can email forexsignals@forexsignals.cc, or phone +447828324636.

ForexSignals.cc Review

The first headline when you get to the ForexSignals.cc website is “Forex signals by Myfxbook.” This is a bit misleading as this service is not associated with the Myfxbook website, and they don’t appear to use this statement sharing service to verify their accounts.

They believe that ease of use is one of the most important qualities of a signal service. So, they made their signup process easy. All traders have to do is sign up with their regulated broker, choose how they want to receive signals, and then monitor the results.

The best Forex signal services are all easy to use, but we aren’t sure if this vendor is going to make the cut just yet.

Strategy

The ForexSignals.cc team does not provide any information about their strategy, trading approach or actual trade analysts. They make references to a “focus on technical analysis &  fundamental analysis.” Yet, they never go into any real detail, or provide any real insight.

If they want a higher strategy rating, they will have to do much better than what they are currently offering potential buyers. Their lack of detail is in line with other recent reviews we’ve completed, like V12 Trading, SV3 Trading and Pulse FX Signals.

As the market ages, the overall intelligence of traders is increasing. Which means that vendors need to provide more intricate details of their methodology in order to win over new clients. This is not something difficult to do, but many vendors have yet to adapt their websites to meet the needs of more intelligent traders.

Analysis

• Type: Signals
• Established: 2014
• Price: €99/month
• Strategy: Undisclosed
• Trading Time: Undisclosed
• Signal Frequency: Minimum 5/week

For traders interested in the ForexSignals.cc service it can be purchased for €99 per month, or €598 per year. This is on the higher end when it comes to signal service pricing. There is an option to get a 10 day free trial, but it requires traders to register with a specific broker in their region. The purpose of this, is so that the vendor gets a commission on your trades.

Trading Results

The website makes many references to the fact that the ForexSignals.cc results are all verified by Myfxbook. Yet, we’ve gone through just about every page on the website, and there is no Myfxbook account anywhere. There are pages where it seems like it was, but it’s possible their account didn’t do well, and so it was removed.

That being said, we did find an account on Myfxbook hosted by “signals4me” and this account collapsed. The account was showing a gain of just over 500% before it blew up just a couple months ago. Maybe this is why they don’t have any Myfxbook accounts on their website anymore.

All we can really do is guess or make suggestions, because they don’t have a Myfxbook account available on their website at this time. We will check back often to see if they’ve made one available, but based on the information we have, we believe their account crashed.

Conclusion

At this point in time, we don’t think it would be responsible to recommend the ForexSignals.cc service to any of our readers. The only Myfxbook account we see is one that lost over 500% in a day, and they don’t provide any details about their trading approach. Once these aspects are resolved, we will revisit the review and consider changing our opinion.

If you have anything you would like to add to the review, please leave your questions and remarks below the article now.