Today I’m analyzing a signal provider that claims to be serving the marketplace since 2010, FX Premiere. The developers advertise their service as a way to make steady profits with “affordable Forex trading signals and crypto currency alerts.” In this review, I’ll be looking at their packages, trading results and client feedback so we know exactly what to expect moving forward.
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FX Premiere Review
The developers behind FX Premiere claim that they have over 50 years combined Forex trading experience, but there is no way for us to verify this fact. In multiple points throughout the website, they refer to themselves as “Forex and crypto currency professionals,” but this remains unproven. I don’t believe it’s a smart approach by the vendor to discuss the talent level of their traders, without actually providing us with some proof.
They do also provide Forex learning guides which are available for traders to acquire, and read in the members area.
The process for receiving signals is quite simple. Traders sign up with a package, activate SMS signals and then signals are sent with the asset that needs to be traded, the direction of the trade, the price, the take profit, and stop loss.
- Type: Forex Signals
- Price: £37/month
- Strategy: Undisclosed
- Timeframe: All
- Pairs: USD/CAD, USD/JPY, GBP/USD, EUR/GBP, AUD/USD, GOLD, CRUDE OIL
There are actually 4 FX Premiere packages available. The cheapest package is the trial version of the Forex trading signals which goes for £37/month. The regular Forex trading signals package goes for £99/4 months, the same package with crypto currency signals goes for £199/4 months and a longer version of this package goes for £379/11 months.
Each of these packages are pretty similar, in that they promise a 75% win ratio, and approximately the same amount of signal sent on a daily basis. The only main difference, is that they promise up to 8000 pips per month on the most expensive plan, and 1000 on the cheapest. These type of promises seemed way too aggressive and very unlikely to be met by any trader.
The trading results are presented in a strange way. FX Premiere puts up a blog post every single month that shows their daily trading signals. In each case, they show us the trades that were sent and whether or not they hit take profit or stoploss. This method of showing results can easily be manipulated by the vendors.
What I don’t understand here, is why the creators of this service aren’t using a statement sharing service like Myfxbook. They have results going back to 2015, and since they tell us that they place all of these trades themselves, they might as well connect their account to statement sharing service to verify the validity of their claims.
The client feedback for this service is not very positive. There are quite a few one star reviews, but these reviews have recently been challenged by a comment in September by a man who claims that all of the old reviews are useless because the website changed ownership in 2016.
This could be an excuse, that there is no way of us knowing.
So what’s changed since we reviewed FXPremiere in 2017? Hopefully quite a bit, as we had more than a handful of questions the last time we reviewed the service.
Sadly, we’ve been waiting for their website to load on multiple different browsers for more than 5 minutes with no response. All we see is a red loading circle, which doesn’t seem to be leading to anything.
So, the website isn’t loading. This is not a good sign for the service, and certainly isn’t what we want from a best Forex signal provider. We’ll be back in another 3-4 months to check in and revise the review.
Until then, our conclusion remains the same.
Looks like the FXPremiere website is in working order.
The first thing I always do when I update a review is check the most recent client reviews.
I don’t know if my timing is just bad, but the last 4 reviews are all 1 star reviews, which is concerning.
Now, it is worth noting that FXPremiere did respond to two of these reviews claiming that they are spam, coming from a competitors IP. Though, I do have access to trustpilot business, and I’ve never seen a section for IP logging. So, I’m not sure where that information is coming from.
One of the negative reviews also claims that they are stealing signals from Learn 2 Trade. There is proof in the comments section that they have stolen images from L2T in the past, so I can’t deny that it’s possible.
There is also a comment attacking the 5 star trustpilot reviews:
This reviewer claims that FXPremiere only has a bunch of 5 star reviews because they promise a free week of signals in exchange for 5 star reviews. I would like to see proof of this somewhere as well before commenting on it myself.
All in all, there’s a lot of skepticism around the service in 2022. A bit too much drama for me, so I won’t be testing the service until this is all cleared up. I’d like to see more transparency in the responses from the FXPremiere team. As there are real concerns being brought up, and they should be addressed. Even if these concerns are being brought up by competitors, that doesn’t mean they aren’t real concerns.
There’s a lot of good information, and the overall method of how FX Premiere send signals is very clear. Yet, I’m not ready to sign up and test these signals on my own. I believe that the developers need to do a better job providing verified trading results, and they also need to do something about the negative reviews. Yes, it’s possible that ownership has changed hands, but I’d like to see some more positive reviews the backup that position, not just one.
Thank you for stopping by, and please leave a comment or question if you’ve anything you would like to add.
- Client Feedback
- Customer Support
FX Premiere is a long running signal service with a large audience.
Signals in Forex and Crypto Multiple packages
No verified trading results No strategy insight Poor client feedback