Price Action Forex LTD Review (Signals)

Price Action Forex LTD is a Forex signal service with the motto, “watch, follow and profit together.” They promise unbeatable accuracy and consistent highly impressive returns coming from low-risk investments. Today we will be providing a full review and letting you know if they are meeting these lofty expectations.

The creators of the service claim to be a team of more than 15 professional traders that scan the markets every day. They decided to put this service together to help retail Forex traders profit more consistently. There is no information provided about any of the analysts, or owners of the service, so we cannot verify their existence, or trading experience. This information should be added to the website, or else this could easily be perceived as a service being run by one person.

The team is Located at 99, Guild Street, London, UK. They can be contacted for any type of inquiry, via support@priceactionltd.com.

Price Action Forex LTD Review

At Price Action Forex LTD the creators promise to “do all the hard work” for their clients. They analyze the markets, and follow the world economy closer than any one person could on on their own. Then, they provide signals with specific entry prices, stop losses and take profits. Lastly, the trader receive this information, and place their trades with their desired trading platform.

The group also offers free Forex signals via their telegram channel. In this channel they offer 1-2 free signals on a daily basis, so that traders can test their service first before signing up. If you are interested in the service, we certainly recommend that you take advantage of this aspect, as there is no other verified proof that this is a best Forex signal service, outside of testimonials.

Trading Strategy

The most important part of any Forex signal service is the trading strategy and the trading analysts. They do not introduce us to any of Price Action Forex LTD analysts, so that portion is a miss. They also don’t really give us a specific breakdown of their trading approach. Obviously, the foundation of their approach is price action, which we can surmise from the name of the service, but we expect more detail.

We would like the vendor to tell us what their analysts are looking for when setting up a trade, and what type of market conditions are most favorable.

They do provide an analysis section of the website which consists of screen shots showing different market projections. This section shows that the analysts are knowledgeable, but we still feel they should provide us at least a paragraph about their methodology. They aren’t the only signal service that fails to provide real detail though, as you can see in our reviews of ToolsTrades, Margin Signals and M15 Signals.

Signal Analysis

• Type: Signals
• Established: 2018
• Price: $40/month
• Strategy: Price action
• Trading Time: Undisclosed
• Signal Frequency: 5-8/day

For traders interested in the Price Action Forex LTD signals, they can be purchased for $40 per month. The signals come at a great discount for traders who lock-in to a longer term subscription. The 3 month plan costs $30 per month, 6 month plan costs $25 per month and the 12 month plan costs $17 per month. They have also just recently added a lifetime membership for $299, which also comes with a free $70 e-book titled “the complete guide to Forex trading.”

Trading Results

Despite a pretty thorough presentation, the Price Action Forex LTD team don’t provide any verified results. There is a section of the website labeled “client profits” where they show 36 screenshots from a phone, but this is not the type of result we prefer to rely on.

The developers target 1000 pips a week, and promise “an unbeatable accuracy rate of more than 85%,” so we were expecting more from their results. They really shouldn’t be promising any accuracy rate, if they are unable to prove it. Which in this case, they can’t.

They should certainly be providing long term statements, and a Myfxbook account to back up every trade that they place. Otherwise, any accurate rate they mention is just a guess that can’t be trusted.

Conclusion

Many aspects of the Price Action Forex LTD signal service are professional, and impressive. Yet, they lack in the two most important areas, strategy and trading results. Both of these aspects can be resolved very quickly by a paragraph about their methodology, and some verified trading results. We hope the vendor listens to our critiques, and we will check back shortly to see if they’ve made the adjustments.

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