Today I’m looking at a new Forex signal service that wants to help traders find an easier way to be successful in this marketplace, Forex Hulk. The creators of this product are currently offering 3 different services, the signals, insurance signals and a Forex training course. In this review I will go over each one of these services and let you know if it’s worth your while.
The developers of this service introduce themselves as “some of the worlds most profitable traders.” Yet, they do not elaborate on this, or provide us proof that they are in fact who they say they are. To get in touch with support, traders can email using the contact us page, or phone via 965-96965736. Based on this number, we can assume that the creators of this service are located in Kuwait.
Forex Hulk Review
We are introduced briefly to members of the Forex Hulk team further down the sales page. Suhail is their marketing expert, Waseem is their senior market analyst, and Jasy deals with project development. While this is some sort of an introduction, I’ve still found no information on any of these people, which makes me question their claim that this service is run by a group of expert traders.
For now let’s stop talking about the creators of the service, and take a closer look at what they are offering. Their original Forex signal service promises 1500 pips on average per month delivered to traders with a 78% success rate. Their second signal service is the insured signal service which promises traders that they cannot lose money with the signals and is losses are sustained that they will “pay back the money you lost.” I find this very hard to believe, and I would have to see them actually provide someone with their money back before I would ever believe that this is factual.
Forex Hulk also offers a Forex training course which is sold at $149 for the basic plan, $219 for the intermediate plan, and $299 for the advanced plan. These courses are built to help traders learn how to trade the market and execute “trades with accuracy.”
- Type: Forex Signals
- Price: $149-$299
- Strategy: Undisclosed
- Timeframe: Any
- Pairs: Any
Upon clicking on the join now buttons to see what the cost of each respective signal service is, I was taken to a PayPal page that tells me that this vendor can no longer accept payments. This is obviously quite concerning, as PayPal is no longer letting the creators of Hulk utilize their payment processing services.
This brings into question how active this service is, considering the fact that they have not resolved these payment issues immediately.
In the explanation for the Forex signal service, the Forex Hulk developers promise a 78% success rate and an average of 1500 pips each month. What I don’t understand, is where these numbers are coming from. Are the developers simply making these numbers up out of thin air, or has there been testing and in-depth analysis of the signals that they’ve sent out.
My main concern is that they don’t provide us with any results at all. If they provide traders with signals on a daily basis, then it is very simple for them to Mark down each one of those signals and provide that to their client base. Signal services that don’t show trading results, cannot be trusted. This is another red flag, and the last one that I will be pointing out in this review,
It’s quite clear that the developers of the Forex Hulk signal service and training program have a lot on their plate. They have major issues with their payment processor, and despite promises of major PIP gains, there is no proof to back any of this up. The sales page is full of promises and guarantees but does not come through in the areas that it has to in order for this to be a viable investment opportunity.
Thank you for stopping by and reading my review, I hope that you will spend more time here on Forex robot nation learning the best ways to trade moving into 2018.