Signals Review: Pips Make

Today I’m looking at a new Forex signal provider that claims to the be the best in the market because of their 7 day free trial, Pips Make. The service comes with Forex signals, Forex chart analysis and a trade copier for traders looking for a more automated solution.

Owned and operated by Emran Hossen, the head offices are located at Asea Brown Boveri S.A. – N.V., Flexible Automation Division, Hoge Wei 27, B-1930 Zaventem, Belgium. According to the website, the service was founded in 2015, “and today is one of the largest brands in the global Forex signal industry.” I don’t believe that they are a leader in this marketplace, because there is really no buzz about this service anywhere. Regardless, traders can get in touch with support via info@pipsmake.com, or skype:emran.hossen73.

Pips Make Review

Promising a 90% win rate, the Pips Make signal service is swinging for the fences with the expectations they are setting for the marketplace. They believe that due to their stellar win ratio, they’ve been able to accrue over one thousand clients. Again, I believe that this number is inflated, as this signal service really isn’t discussed anywhere. From what I can see, the review I’m writing right now, is going to be the first review ever written about the service. This isn’t the worst thing in the world, but I believe there is some sort of deception or inflation of numbers that certainly doesn’t instill me with confidence, or trust.

The vendors promise a low risk, high reward profit ratio with a monthly target of 1200 pips. As for strategy, there is very little disclose, but they do tell us that their focuses on long-term trades because they feel that the market is primed for this type of trading approach. The developers also provide detailed chart analysis, and a weekly Forex forecast review to help traders understand the basics of their trading strategy. In looking at some of these analyses, I wouldn’t say that they are in depth, but the images provided do show a pretty clear trading approach.

There are a few spelling mistakes throughout the website, and an odd advertisement for site ground web hosting, which is quite unprofessional. The other signal services I’ve been reviewing lately have been much more professional, as we can see with Forex GDP, Practical Pips and Smart FX Trader.

Breakdown

• Type: Forex Signals
• Price: $100/month
• Strategy: Long Term
• Timeframe: All Timeframes
• Pairs: EURUSD, EURJPY, EURAUD, EURNZD, USDJPY, USDCAD, USCHF, GBPUSD, GBPJPY, GBPNZD, NZDUSD, AUDUSD, GBPAUD, GOLD

For traders interested in the Pips Make signals, there are currently two packages available. There is the free package, which provides traders with fully functional manual trades, update alerts, 24/7 customer care, for a period of 7 days. This package is for traders looking to test out the service, and see if it meets their needs before making any investment. The monthly package, also known as the ultimate package, provides instant order execution, alongside everything provided in the free package, and goes for $100 a month.

Pips Make Trading Results

In my recent exploration of Forex signal services, I find that the trading results section is frequently underwhelming, and not very transparent. Sadly, this is certainly the case again today, as the Pips Make developers provide us with a basic table, with all of the pairs listed, and the amount of pips the service is generated from July 2017, to June 2018. Considering we are nearing the end of July, this table does need to be updated again.

My main issue with this performance table is that it could easily be fabricated. The developers of this service do not provide us with specific trading data, or trading statements, which means they have full control over what they show the Forex community. While this type of table would have been acceptable 5 to 6 years ago, it is not acceptable now because of the advances in statement sharing services like Myfxbook and FX Blue.

The developers need to provide us with transparent, and verified trading results. This is not difficult to do, so it’s something that they should embark on immediately.

2020 Update

The Forex Pips Make signal service hasn’t changed too much, but they are now advertising the system as “1000 pips guaranteed.” Which is another promise that isn’t substantiated with any real proof.

Even today, as we look at their trading results section, it is still unverified, and the most 2 recent months aren’t even accounted for.

Results is the #1 issue here still, and it’s why they rank poorly in the best Forex signals ratings.

We will check back in another 6 months to a year, and hopefully they will have made some changes by then.

Conclusion

There are both positive and negative aspects when it comes to the Pips Make service. I appreciate the fact that they provide chart analysis, that furthers insight into their trading strategies, but the most important aspect of any trading product is the results they can present to the community, and in this section they are failing.

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