Signals Review: Forex GDP Signals
Forex GDP is a forex signal service provider that claims to have an 80-95% win rate. They claim that their expert team has more than 20 years of trading experience in the financial market. But They didn’t introduce us to any members of their expert team.
As they’re promised their customer to achieve an 80-95% win rate. So they should provide any kind of verified records from there previous trades to gain customer trust.
In order to succeed in the customer to support their two option either you’ll email them or text them at skype. But skype support has not replied to our text for quite 24 hours, email communication is typically slower.
With the higher numbers like 20 years of experience and 80-95% win rate and comparative high pricing service. We’re seeking to verify their statistics and see if they are able to back up their claims, with verified proof. In our review we’ll deep probe many aspects of the service, to allow you to realize it this vendor may be a legit service provider or not?
As they are running their signal service for almost 5 years now but still don’t have any verified results, we doubt they are 100% about their claims also very low customer support.
So, the question is this;
Is Forex GDP reliable enough to trade their signals? or even is it worth spending time trying their signals in a demo account?
We highly recommend you to follow those services who has verified results and great reputation.
Forex GDP Review
Price: They charge $74 per month for the premium package and $147 -month Supreme package. While it doesn’t provide any verified result, we think this service don’t deserve any values.
Signal Frequency: They provide 8-14 signals per trading day. average 10 signal a day considered a little high amount of signals. If you look at their Supreme package, they promise to give 16-25 signals per day. So average 20 signals per day is a huge amount of signals. But they are talking about the signal quality, not signal quantity and we also believe in it. We doubt that how they find these many good positions per day. So we can see in Forex GDP there is no similarity between words and deeds.
Target: While they are providing these many signals per and claiming to have an 80-95% success rate then we assume 700-1500 pips is a very low target. The Forex GDP signal provider doesn’t provide us any verified results. They completely failed to verify their claims.
Accuracy: They claiming to have an 80-95% winning rate, without verification it just doesn’t count.
Strategy: Trading strategies plays a big rule to express any signal provider introduction. but this vendor’s doesn’t provide us any proven strategy.
Forex GDP: Signals Pricing
- Type: Forex Signals
- Price: $74 and $147/month
- Signal Frequency: 3-12/day
- Target: 700-1500 pips/month (Not Verified)
- Accuracy: 90%+ winning rate (Not Verified)
They offering 2 different premium packages. To access FOREX GDP service traders either have to buy 1 month Premium package for $74 and a 1-month Supreme package cost $147. This is considering very high pricing compares to most forex signals providers.
Each signal comes with three “take profit” and one “stop-loss” level. They recommend subscribers to use 70% lot into tp1 and rest to tp2 and tp3.
This is definitely not the potential signal provider we are looking for. If you like their services, we recommend you use their free signals a couple of weeks in a Demo account before going with premium plans. Forex has some negative sides.
- And about their 80-95% win rate, we highly doubt those figures are real. Making an 80-95% win rate is not possible for long run. As they are providing too many signals per day it’s impossible for them to achieve this high score. so we can assume that this figure is just for advertising purposes.
- The negatives include a lack of transparency since the signal vendor cannot demonstrate that their signals can trade with the stated accuracy rate.
- We also don’t like their anonymous nature.
We will check again this service after 3 months and we will update this review if they made any require improvements, which traders deserve to know.
Thanks for reading this Forex GDP review.
👉 Note: Those of you who want to start trading professionally can take advantage of these trading tools.
- Free signals through WhatsApp
- Slow customer Support
- No verified results
- No proven strategy
- No info about the team