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Platinum Forex Signals is a new trading service offering trading signals and a trading course. The most significant part of their offering is their signals which is quite obvious given the name of the website. They believe that their group of professional trade analysts will be able to provide accurate trade alerts for many years to come. Today we will be providing a review, and looking at all of the most important aspects of the service to let you know if it is viable or proven.
According to the sales page the Platinum FX company is run by a team of professional traders based in Southampton, UK. They don’t provide any specific address for their location, and don’t give any details about who they are either. There’s definitely information missing here, and hopefully the developer will be able to fill in these blanks after reading our review.
In order to get in touch with support, traders can email via a contact form. No direct email address is provided.
Contents
Platinum Forex Signals Review
The website is clean and filled with promises intended to make the Platinum Forex Signals service come across as a market leader. At the top of the page they promise 12,000 pips per year, over 250 current students, a dedicated team of analysts and continuous support. None of this information is verified, so it all has to be taken in with a grain of salt. We will do more digging into the pips per year promise in the results section of the review.
The creators of the service want to “provide outstanding education for working professionals and students were motivated and want to learn how to trade Forex.” The creators look to educate clients with signals, analysis, mentorship and the trading course built to cover the entire Forex market.
Trading Course
The Platinum Forex Signals team will have you believe that this course can teach you everything you need to know about the Forex market. The course is provided free for traders to sign up with the signal service which is a nice touch. In Congress over 60 different topics with the first section covering all of the market basics.
It would be helpful if the vendor provided us with some sample readings, because we really have no idea how they teach.
Strategy
Now, let’s get back to the signals as that’s the main purpose of the review. The vendors tell us that they are able to help their clients adequately because they have a team of in-house traders. Sadly, they don’t tell us who those traders are, so we essentially have to take their word that they expert analysts available to help us.
Considering they provide no information about their methodology and overall trading approach, makes the expert analysts incredibly important to their sales pitch.
It’s our recommendation that the vendor provides much more information about their trading approach, and who the experts are providing the signals. Telling us that the service is run by professionals isn’t enough in a market where everyone else is saying the exact same thing. Just look at our recent reviews of Trade Surfers or Forex Specs and you’ll see the exact same promises about expert traders running the show.
Signal Analysis
- Type: Forex Signals
- Price: £299 one off payment
- Strategy: Undisclosed
- Signal Frequency: Undisclosed
- Pairs: Undisclosed
Is really quite strange that so many of the most important aspects of the Platinum Forex Signals are disclosed to the community. We are aware that they provide signals with SL/TP but no other information about the signals is provided. We don’t know the strategy, the pairs the trade, or the amount of signals that are sent on a daily basis. All of these aspects are commonplace in the Forex market, and discussed heavily by all of the best Forex signals providers.
If traders don’t want to pay the £299 one time fee they can join the Platinum FX broker. They don’t tell us who this broker is though, and require that we email for more details.
Results
The Platinum Forex Signals team promises 12,000 pips per year. This is quite surprising, considering they provide us with absolutely no trading results whatsoever. When making a promise of this magnitude, the vendor certainly should be providing some sort of verified proof.
We recommend that they utilize Myfxbook, and prove to us that they can truly hit the numbers that they say they can.
Conclusion
There are aspects of the Platinum Forex Signals that come across as professional, but there’s too much missing in order to provide a recommendation at this time. They need to do much better job with their strategy, trading results and overall transparency of the service.
If you have anything you would like to add to the review, please leave your questions and remarks below the article now.
Platinum Forex Signals £299
- Price
- Strategy
- Results
- Client Feedback
- Customer Support
Summary
Platinum Forex Signals is a signal service that requires a simple one time payment for lifetime access.
Overall
2.6Pros
One time payment
Quick sign up
No minimum deposit
Cons
Little strategy insight
No trading results
No client feedback
Your information is a little old! If you would of spoken to a member of the team you’d know that their services are free, in order to receive access to their signals and educational groups their only requirement is that you register and fund your account with their regulated broker.
For people who already have a broker then they’re able to purchase their signals and educational groups for £229. The reason why they don’t reveal their strategy is because it’s their strategy, you don’t see Heinz release the recipe for their ketchup because it’ll get copied! Before you write a review please make sure you have at least a majority of the facts and not go off from the website!
Don’t use the information provided on the website? That’s an interesting take. We’ll keep it in mind.
They are running an obvious scam. They get paid a portion of the money that the subscriber loses to the broker by using the free but losing signals.
Guys seriously – the only people making consistent profits from forex are professional fund managers who have decades-long experience at the institutional level. There is only 1 hedge fund in the world that offers signals and training and that’s the only place I’d trust. And they provide a verified record of their performance.
They are genuine, been scammed by sofx team pltnm kez the guru all fake these guys were my last straw and have been going 4 months strong
Please provide proof with your results.