Signals Review: 24fxsignals.com
Welcome to the 24fxsignals.com forex signals review. 24fxsignals is a forex signal service provider who claims to have an 80-90% win rate.
They provide a Forex EA which is able to place three different take-profits and 1 stop loss, you can set separate lots for each take-profit point.
Each signal contains 1 entry point, 1 stop-loss, and 3 take-profit points. They advise using double lots at first TP, and single lot at TP2 & TP3.
Provide 1 free signal every day at Telegram public channel, and keep updated about running positions.
They do not provide any verified results and publish weekly results by sharing profit screenshot and screen recorded videos.
And their Telegram channel was created on 22nd MAY 2020, a totally new channel. it’s been only 2 months now.
They are making so many promises, let see if the can back up their claims.
Ultimately we will let you know whether it’s worth paying money to remain a subscriber of 24fxsignals.
As we said before their telegram channel has been created within less than two months.
You can say it is a brand new channel, but now their channel has more than 17,000 subscribers.
Now the real question is, where did they get so many subscribers in such a short time? I don’t know how they got so many subscribers, what their source is. We strongly doubt those subscribers are real.
Who are we to judge their marketing strategy :D, but it seems like they have bought those subscribers from paid websites. There are various websites providing paid services, where can purchased like, share, subscribers for various social profiles or any content, pretty much everything.
On their website, they have given some short description paragraphs of their service which is copied from Easy Forex Pips. Easy Forex Pips is another signal service provider which pretty famous. so they are just trying to copy their ideas. Check here
There is no direct way to contact them if a customer wants to contact them, they have to fill out a form on their contact page with name and email address, And they will reply to your message via email, which is very time-consuming.
You will see that they are sharing 15 to 20 seconds of video reviews of many clients on their website and free channel. In all those videos, everyone is claiming that they have benefited a lot by using 24fxsignals service. But none of them are showing any evidence of their profit. Everyone is saying something great about this signal provider in a few words in 15 to 20 seconds. We doubt those are real videos. Because nowadays there are many marketplaces where you can hire freelancers at a cost of a few bucks for this kind of review video.
The reason they share such video reviews is to convince traders and buy their service. There is no need for them to all the hard work, if they provide statements of the trading results of their previous month through a third party verified source, such as myfxbook or fxblue. These are third party statement sharing websites. Providing verified results is very important for a signal provider and it is not that difficult.
Although it is true that, the previous results do not determine the results of future trading. But traders could understand how qualified this signal provider is.
24fxsignals.com: Signals Pricing
There are 3 signal packages offered by Forex Elite Signals.
- Type: Forex Signals
- Price: $35/month
- Signal Frequency: 5-7/day
- Target: 1500-2500pips/month (Not Verified)
- Accuracy: 90%+ winning rate (Not Verified)
Which charges $35 per month.
If you like their service please consider testing their free signals at your demo account at least for 1 month since they are not providing verified results.
Overall, they are more like marketers other than traders. Their main intension is to make money from this service by pursued traders with those video reviews and screen recorded videos.
Just sharing unverified results history and screenshot are not gonna prove them a verified signals provider.
If you like their signals service we will recommend you use their free signals at your demo account first, as this signals provider doesn’t provide any verified results.
However, 24fxsignals would have avoided this situation very easily if they provided their myfxbook profile for our verification.
Thanks for reading the 24fxsignals review. Let’s see what the community has to say in the comment section.