Signals Review: FXStrikes

FXStrikes is a Forex signal provider that offers trading services to both retail and institutional clients. They feel that through transparency, clarity and simplicity that they are able to assist the market in a way that other providers have failed to the past. They claim to “work every hour on the hour to make your trading life easier and to offer you a unique trading experience.”

According to the website, this Forex signal service launched in 2010. That being said, outside of telling us that they are experts in the field, they don’t provide any real information about their whereabouts, or what type of trading history they have. It would certainly be helpful, if this group gave us more insight about who they are, because it’s difficult to trust a trading service when you don’t know who the traders are providing the signals.

In order to get in touch with support, traders can phone +2 0122 111 2694 or email support@fxstrikes.com.

FXStrikes Review

Overall, the FXStrikes website is unorganized, and unprofessional. There are quite a few issues when it comes to the overall aesthetic of the webpage, that include many different pages with little information on each, and quite a few grammar mistakes along the way. It’s clear that the website is put together by someone with limited skilled in that arena, and someone who speaks English as a 2nd language.

While it isn’t everything, the presentation of the website or service is important because it speaks to the approach and the efficacy of the vendor. There is no reason why the vendor couldn’t pay someone to fix the issues with the website. The fact that they happen, shows that they are not understanding of their own skill set, or flaws in this area.

Strategy

The vendor does not provide any information about their trading approach, or general methodology when it comes to Forex markets. Instead, the FXStrikes team claim to provide a winning ratio 98%, with a monthly target of 1000 to 2000 pips guaranteed.

As far as we’re concerned, these numbers are unrealistic.

It’s clear that this vendor is making a poor first impression, and will not qualify for the best Forex signals page.

Signal Analysis

• Type: Forex Signals
• Price: $100/month
• Strategy: Undisclosed
• Signal Frequency: Daily
• Pairs: USDCAD, XAUUSD, NZDCAD, NZDUSD, GBPJPY, USDJPY, AUDNZD, NZDJPY, EURUSD, EURJPY, GBPAUD, AUDJPY, EURNZD, EURAUD, AUDUSD, CADJPY, GBPCHF

The FXStrikes “VIP paid signals” come in 4 different packages. Each package provides the exact same service, but costs differently based on the length of subscription. For one month it costs $100, for 3 months it costs $200, for 6 months it costs $300, and for the entire year it costs $400. This is a very weird pricing plan, as most vendors will provide a significant discounts for long-term members, but nothing this significant. As, if you stick with the software on a monthly plan you be paying $800 more by the end of the year that he would if you purchase the yearly plan.

This strange payment structure is really in line with the rest of the website which is quite oddly put together.

Trading Results

As we figured, the FXStrikes performance page is quite underwhelming. They provide screenshots of cherry picked trades from March and April of 2019, and a “signal statement” which is a simple bar chart with a few figures that aren’t explained.

The bottom line is that none of the results provided are not verified and can’t truly be trusted. The results being shown can easily be fabricated or cherry picked as we mentioned before to show only the good trading signals they provide.

This vendor desperately needs to enter 2019, and start providing verified trading results via the statement sharing service provider like Myfxbook, that happens to be completely free. It would take the vendor less than 10 minutes to provide this to the community, so there is no excuse for them not to. This is the same message we have for many of our other reviewed signal providers as you can see with USA Forex Signal, and Bird Forex Signal, so we aren’t playing favorites.

Conclusion

At this point, we see no real redeemable qualities about the FXStrikes service. The website is poorly put together, we are not introduced to any of the signal providers, they don’t provide any strategic information, and all their results are unverified and unproven. Until they resolve these issues, this will not be a recommendation of the Forex robot nation team.

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