🍀 Tugas FX signalS 🍀: Signals Review
Today we will review the “Tugas FX Signals” forex signal service.
Tugas FX Signals is a forex signal provider with 100% profitability. According to the statement they shared on their public channel from myfxbook.
They have made a total of 2225 trades out of which almost 100%have been won and only two trades have been lost.
So you may think their profitability is 100%. But just looking at only on their proficiency is not enough to follow them, there are aspects you should consider behind choosing a signal provider.
This vendor doesn’t provide free signals.
The telegram channel was created on 19th April 2019. They do have a website but it’s not ready yet.
In today’s review, we will review how well they are implementing their demands. And whether you should subscribe to one of them.
🍀 Tugas FX signalS 🍀 Review
They shared only the myfxbook statements on their public channel, but they don’t share their myfxbook account.
That’s where they tricking customers. The reason behind sharing only statements is that account statement shows you only the history of previous trades. But you can’t see the details of an account.
At first glance it might seem like they are 100% profitable signal provider, unfortunately, they are not.
But from their myfxbook record. And below we have presented you the brief details of their myfxbook account.
Click here to see their myfxbook account, click here
We can see that they are making 3-4% percent profit every month.
This vendor doesn’t provide any information about their expert team members, they should be more transparent in this area.
🍀 Tugas FX signalS 🍀 Signals Pricing
If you want to copy their trades, they have two options:
Open a trading account with their recommended broker and deposit 250. or 2 weeks premium service cost $11.11.
Copyfx profile of Tugas fx signals
Tugas FX Signals offering premium signals auto-copy service which requires only a $250 minimum deposit, but since they are not using any stop loss, only a $250 balance considering too little amount. But at their channel, they are advising to have at least $2000 in their account to trade 0.01 lot in every trade.
But they have kept the copyfx minimum requirement of $250, therefore If someone deposit only $ 250 in their account, and if they trade Forex without stop loss, then we can say absolute certainty that, it will not take long for blow the whole account within a couple of trades. Because they provide many signals of every day and to trade those signals without any stop loss you just need a big balance.
From their CopyFx.com account profile, we can see that their current profitability is -15% and the max drawdown is -18.25%.
Their copyfx account balance is very small, like only $580. Probably a factor as to why they’re doing so poorly.
And notably, two different accounts have been used on their myfxbook and CopyFX websites. The myfxbook statement As we can see they are taking only 3-4% profit per month, Where they trade without any stop-loss without any risk. it means that the account’s balance is huge considering their trading lot size.
If you notice that, their max drawdown is 35.95%. This means if someone has an account balance of one-third of their main account, their account has been blown, the signal provider survived for their huge equity.
Unfortunately, most of the traders following them have less than $2000 in their accounts. So if they trade without stop-loss then they will lose their whole fund.
🍀 Tugas FX signalS 🍀Conclusion
This means that they do not really care about their customers. Their main intention is to make money from their customers, not from trading
This team makes money from forex not because of their good signals, because of their huge equity. They are making only 3-4% per month. So if you want to make a 20-30% per month then, how you gonna make it with a small account and trading with stop loss? We hope you got the point.
Thanks for reading the “Tugas FX Signals” review. Let’s see what the community has to say in the comment section.
- Showing verified statements
- Low pricing
- No free signals
- No analysis or market updates sharing
- No client feedback sharing