SV3 Trading is a telegram based Forex signal service that claims to have more than 25,000 members. This is true, but those are not paid members, as they offer a free group as well. As is always the case in situations like these, we recommend clients use the free group as a trial before joining the VIP membership program. Today we will be providing a full review and letting you know if the vendor has any proof to back up their guarantees.
The creators of the service claim to be a “group of 3 traders from Spain and Britain that have 5, 4 and 8 years of experience in Forex.” At this point, there is no proof that this is true, as they do not introduce any of these traders to the public. If they want to be taken seriously, and considered an authority, they will have to be more transparent. Simply provide images of each trader, and give us their background, so we know exactly who is providing us with trading signals.
To get in touch with support traders are expected to message through telegram.
SV3 Trading Review
The SV3 Trading presentation is aesthetically pleasing, with sections about investing in Forex, frequently asked questions, tutorials, subscription plans and a Forex blog. Yet, there is very little information provided in each section, as most pages consist of only a few sentences. Most of the information provided is just about how easy it is to access the signals. The quick 4 step process requires traders to download telegram, download mt4, join the vip or free group and then sign up with the BDSwiss brokerage.
This is all well and good, but if the vendor wants to compete with the other best Forex signal providers in this market, they will have to flush out their ideas better.
Despite being the most important aspect of any Forex signal service, the SV3 trading team provides very little information about their strategy. They have written a few articles in their blog which show that they do have market knowledge, but they don’t connect the ideas to their signal process.
It would be nice to know who the trade analysts are, and what type of strategies they consider when placing trades. We don’t believe that this is asking too much, and we as it of all vendors, as you can see in our reviews of Pulse FX Signals, Live Traders and Forex Signals Club.
- Type: Signals
- Established: 2019
- Price: €38.70/month
- Strategy: Undisclosed
- Trading Time: New York & London Session
- Signal Frequency: 5-15/day
There are four options for traders interested in using the SV3 Trading telegram Forex signals. They can join the free membership, or pay for VIP access. The VIP access is available through three different plans. All of the plans provide the same service, just at discounts depending on the length of contract signed by the client. Traders can purchase the signals for €38.70 per month, €97 for 3 months or €337 per year.
The SV3 Trading group mention a handful of numbers, which are all on the more unrealistic end of the spectrum. They promise 5-15 signals per day, with a 90-95% success rate and “up to 5,000 pips per month.” Generally, vendors who make promises like these always fail to back them up.
In this case, the team fails to provide us with any trading results. They don’t show any trading statements, and don’t use any statement sharing service providers like Myfxbook to prove their service works.
Considering how aggressive their claims are, they should be able to provide us the actual trades that got them to those numbers. At this point it just feels like they are throwing numbers at a wall and hoping they will stick. Yet, in 2020, traders are much smarter, and without any real proof, it’s incredibly difficult to compete.
Until the SV3 Trading telegram signal service can provide proof that their service works, we will not be providing a recommendation. While there are professional aspects of the website, including some informative articles on their blog, it’s just not enough to compete with other providers.
Show us the results, and we’ll reconsider our position. Thanks for reading, and please let me know if you have anything you would like to add.
SV3 Trading €38.70/month
SV3 Trading is a Forex signal service promising up to 5000 pips a month.
Up to 5000 pips
5-15 daily signals
Daily pips recount
Little strategy insight
No verified results