Copy Trade Profit FX is a Forex signals by a team who claims to have several years of experience in the financial industry. They said their knowledge of fundamental and technical analysis helps provide accurate trading signals.
They believe that the best way to trade is by copy a team of professional traders that have over 6 years of experience “making consistent profits from the Forex markets.” This group of traders claim that they are in the perfect position to help you achieve your goals and grow your trading accounts.
Yet, despite their claims, they don’t really provide any actual information about their identity, location or trading history. In order to get in touch with support, traders can email email@example.com or phone +447724221682.
Copy Trade Profit FX Review
Copy Trade Profit FX selling point is basically based on 3 facts. Their simple pricing, professional service, and secure payments. These are common reasons that many Forex signal providers utilized, so it doesn’t exactly set them apart from their competitors.
The website itself is middle-of-the-road. It fails to provide much detail about the service, and lacks professionalism especially in their Instagram section as it’s only loading a few of the images. Our impression compared to industry Best Forex Signals, Copy Trade Profit FX left us unimpressed.
Our in-debt review of Copy Trade Profit FX shows that they provided little details concerning the strategy behind the Forex signals. The Copy Trade Profit FX team makes lose mention of fundamental and technical analysis. These are two very common approaches, but they are very broad and the vendor fails to provide much intricate detail about either.
They do tell us that they use “numerous amounts of data to assure the best direction within the market.” They use business fundamentals, technical analysis to provide “pinpoint entry and exit points within the financial markets.”
It’s clear that the vendor is trying to tell us something, but they are taking a vague approach, and not giving us any real information about their methodology.
- Type: Forex Signals
- Price: £50 – £75
- Strategy: Fundamental & Technical Analysis
- Signal Frequency: 2-8 per day
- Pairs: EURUSD, EURAUD, GBPJPY, CADJPY, USDCHF, CHFJPY, EURJPY, AUDUSD, USDCAD, XAUUSD
Some Major Pairs
USDCHF, AUDUSD, USDCAD, are the available major currency pairs available to trade.
The majors are the most liquid and widely traded currency pairs in the world. They account to about 85% of Forex trading. The reason why traders trade the major pairs is because the large volume which leads to narrow spread.
2 packages are available for purchase of the Copy Trade Profit FX signals. The premium package and VIP package.
The premium package goes for £50 per month, offering to do a alerts per day, and averages 600 pips profit per week, updates throughout the day, traders worldwide, stoploss and take profit levels. The VIP package goes for £75 per month, offering 1 to 8 alerts sent daily, lot size advice, larger take profit targets, chart analysis, updates, worldwide trades, stoploss and take profit levels.
The vendor claims that the VIP package provides more signals that the premium package despite the fact that claiming that the VIP package provides 1-8 alerts per day when the premium provides 2-8. This is a little bit confusing, and not line with their discussion points.
When we go extra mile to review a Forex Signals, we check to see what is happening in popular Forums. There are currently 14 reviews available for the Copy Trade Profit FX service, with an overall rating of 2.1. Based on reading through the reviews, it does seem as if the majority of the positive reviews are fake, and the negative reviews are much more realistic in their detail as well as overall length.
Here is one of the most recent reviews from a disappointed client that has left multiple 1 star reviews for the service.
At the Forex EA Expert, you will find hundreds of reviews of Forex robots and trading signals, where we check to see if they are verified investment product, or simply a scam. The way investors properly compare a Forex EA result, is by checking to see if their results are published in a public statement sharing site, like myfxbook or FXBlue.
The vendor doesn’t provide any trading results outside of a few phone screenshots uploaded to the Copy Trade Profit FX Instagram account.
This type of trading result is unverified, unproven and generally not the type of trading result anyone should be relying on in 2019.
If the vendor wants to claim they are making 600 pips per week, they need to provide a verified Myfxbook account, to prove that they are doing so. They need to do much more in terms of trading results, and much more in terms of transparency.
Our Best Advise For You
As it stands, we won’t be able to recommend the Copy Trade Profit FX signal service at this time. While the promise of 600 pips profit per week is hard to pass up on, the negative client feedback and lack of verified trading results makes it very difficult to believe that the vendor is being truthful with their claims. If you would like to find a working Forex signal, go to this page and pick any of the solutions highlighted therein.