FX Price Signals Review (VIP Trades)

FX Price Signals is a VIP Forex trading signal provider that promises a minimum of 1000 pips per month with an 85% to 90% win rate. They claim to have over 6 years of experience, over 900 trades per year, over 100 profitable months and over 400 happy customers. With numbers like these is very important that we analyze this signal service to let you know if they are truly meeting their promises, or just using these falsified numbers to generate new clients. Either way, we will get to the bottom of it and let you know our findings.

The vendor doesn’t provide any information about who they are, where they are located, or the type of trading history they have in the Forex market. Considering that this is a signal service, each one of these elements is incredibly as we certainly wouldn’t want to purchase a service from a team with no reputation. This group needs to provide more transparency in this area, and let us know they are so we are sure that we aren’t getting signals from some 14-year-old in their mother’s basement.

FX Price Signals Review

There are 6 different features that the FX Price Signals service advertise as reasons why traders should choose their service over their competitors. These features include consistency, secure payments, independent service, risk assessment, real-time Forex updates and controlled drawdowns. In the consistency section the team claims that they provide trading signals with an incredible 90+% accuracy rate. This is the extremely difficult to believe, and it’s definitely something we will be covering further their trading results section of the review.

If they want to qualify as a best Forex signal provider they will need to provide verified proof for each of the exorbitant claim they are making.

Strategy

In terms of strategy, the FX Price Signals team simply tells us that they utilize technical or fundamental analysis for each trading opportunity. They also promise freely analysis in their telegram channel, but we made our way through this channel and have found no real explanations of their trades.

So, we really don’t know who they are or the type of approach they are utilizing to provide trading signals. It’s fair to say that this is a bad combo, and while this lack of transparency is prevalent in the marketplace, it is not beneficial in any way. You can see this similar approach in our recent reviews of ThatFXTrader, KTFRX and Gold Signals. All 3 of these providers fail to provide adequate details about their trading strategy and that’s failed to qualify for best Forex signal rankings.

Signal Analysis

• Type: Forex Signals
• Price: $740/month
• Strategy: Undisclosed
• Signal Frequency: 3-6/day
• Pairs: EURCHF, USDCHN, NZDJPY, AUDUSD, GBPUSD, USDJPY, NZDUSD, USDCHF, EURNZD, GBPJPY, GBPNZD, CADJPY, USDNOK, EURUSD, EURNZD, USDCAD

There are 3 plans available for traders to purchase the FX Price Signals. All of the plans promise a minimum of 1000 pips per month, 3 to 6 signals per day, 1 to 3 targets per trade, and 85% to 90% win rate. The only difference in the plans is the price, as it costs $40 for one month, $70 for 3 months and $100 for 6 months.

Trading Results

The FX Price Signals team make many promises about their exorbitant gains but fail to provide any verified trading results. They don’t have a single trading statement or Myfxbook account, so all of the results have to be taken with a grain of salt.

They provide trading results via their telegram, but these results can easily be cherry picked up manipulated because they are not verified by third-party. This method is used to frequently by signal providers, considering how simple it is to utilize Myfxbook to prove their worth. Anyone can promise 1000 pips per month, when they don’t have to actually back it up with verified proof.

Conclusion

While the FX Price Signals service comes across as professional, they are missing the most important elements that every signal service needs to provide. They don’t have any trading results, they don’t tell us about their trading strategy and they don’t introduce us to any of their trade analysts. Until they provide more transparency we won’t be able to recommend the service to any of our readers.

If you have anything you’d like to add to the review, please leave a question or remark below the article.