Forex Smart Trading Signals Review
Forex Smart Trading Signals: Signals Review
Forex Smart Trading is a forex signal service provider running by @MdFxTrader. He provides Forex, Crypto, Commodities, Stocks, Indices signals.
He claims to run his service from 2007 but as you we can see from his telegram channel, this channel was created on August 19, 2019. It’s been less than a year now. He has no website and running whole service at telegram channel so its a fake claim or he changed his service name.
Each signal comes with 1 entry point 1 stop loss and 3 tp points.
In this Forex Smart Trading review, we look at the pricing, quality of the signals, trading experience, and other important aspects.
Ultimately, we will help you make up your mind whether or not to use this Forex signal provider.
Forex Smart Trading Signals Review
We had a conversation with admin as a newbie trader about his signal service. After talking for a while, we realized that he was actually talking like a spammer. He just wants to take advantage of newbie traders by misleading them who don’t know much info about the forex market.
He tries to persuade newbie traders by giving them wrong information which makes no sense.
Manipulating the forex market is impossible for a single man even for a country.
We attached below some screenshots of our conversation to this post for your better understanding.
Forex market is a trillion-dollar market, Approximately $5 trillion worth of forex transactions take place daily, which is an average of $220 billion per hour. So it’s impossible to manipulate the forex market for a single person single service or even for an entire country.
This is not a joke. There are thousands of signal services out there. None of them can affect the forex market. But in crypto market manipulation might be possible.
His signal pricing is doesn’t make any sense, price is 25-40 times higher than a regular forex signal service.
He recommends a $10,000 minimum for his service. But $10k is not enough if you are giving $1400 as a fee, You won’t be a profitable trader end of the month. And most of the traders have less balance compare to his requirements.
He doesn’t provide any analysis profile or any social profiles, so we don’t know what is his trading background or who is providing those signals.
This signal service costs $1400/month but most of the signals provider charge 35 – 80 dollars per month.
Despite his sky-high pricing, he doesn’t provide any verified results. Without any verified results he should not make any promises or change any fees.
Who are we to decide how much he should charge for your service, but if you taking more than a thousand dollars for your service, you should at least provide the most important information about their service.
He might be a good trader, we are not denying that, but while he is providing signal services then he definitely has to care about traders’ rights. He should be 100% transparent with customers and provide every information traders deserve to know before using his service.
This is definitely not a potential signal provider we are looking for. As a signal provider, they should take care of every aspect of their service.
Without any verification, signal providers shouldn’t charge any fee. Because bad and low-quality signals can cause your big loss.
Unverified results, however, any signals provider would have avoided this situation very easily if he provided their myfxbook or Fx Blue profile for our verification. Just sharing unverified results history and screenshot are not gonna prove them a verified signals provider.
If you like this signal service you can trade them in your demo account before trading with real money since it doesn’t provide any verified results.
If you want to make money from forex you shold follow someone with verified results and long term good repotation. You can find a good signal provider in this page.
Thanks for reading “Forex Smart Trading” review. Let’s see what the community has to say in the comment section.
👉 Note: Those of you who want to start trading professionally can take advantage of these trading tools.
- Free Signals
- Market Updates
- No website
- No verified results
- No proven strategies