NCR Trading- Signals Review
NCR Trading : Signals Review
NCR Trading This signal provider provides day trading Signals most of the trades are closed within 24 hours.
They claim to have 9 years of Forex Trading experience and an 87% win rate.
They are providing 2-3 free signals per day. And 3-7 signals per day in the Premium channel.
The first created the telegram channel April 9, 2019, it’s been 16 months since they are providing this service. And according to who.is their website was registered on 5th March 2019.
In order to reach customer support, customers can chat directly with their Telegram support.
In this review, we will let you know whether it’s worth paying money to remain a subscriber of NCR Trading Signals.
We highly recommend you to follow those services who has verified results and great reputation
NCR Trading Review Verified Results
This vendor provides 100% verified results (myfxbook) records.
Let’s have a detailed look at their myfxbook records. As we can see from their report, this account growth seems nice, but there are a couple of things we noticed.
Account Growth: In the myfxbook records their total gain is +70.74% from 28th June to 21st August (Two months). but, as you can see from the above picture, the best trade was $290. And their total profit is $353.
So, here $290 comes from only 1 trade, and the rest $63 profit comes from all the rest trades.
Now think, if they made $290 (137.3pips) from only trade, which 58% of their total investment. (They deposit $500)
So we can say, they are not following money management roles. Since the deposited only $500 they should not trade more than 0.02 lot in a trade.
Now this question can pop up on your mind that why did they trade a single trade with large lot size?
In fact, there are a number of reasons why, firstly, they are professionals, they have confidence and experience, (You should never trade so much with low balance without being an expert in Forex trading, never forget to do it).
Second reason, Because this big trade will hide all the small losses on the average calculation, and show you that their average profitability is higher. Green text you know.
They just want to show some gain in this account to persuade traders to buy their service. This is a trick. Hope you got the point.
Monthly Gain: In June alone their monthly gain was 57.98% but in July only 4.31% and in August (till 21st August) only 3.61% Gain.
The only reason to have so much gain in JUNE Month is because of that big trade $ 290.
Considering everything, the status of their myfxbook account can be said to be fair.
You can check it from here.
NCR Trading : Copy Trading Service
They have two conditions to get their copy trading service, first condition is to open your account through their affiliate link, the second is depositing at least $500 in your account. (they will get some affiliate commission from the broker for trading every lot.)
But to set up automated copy trading you will need to pay extra $16.50/month for Bot license.
NCR Trading Signal Pricing
Type: Forex Signals
Signal Frequency: 3-7/day
This vendor offers signals service for a very cheap price compared to most other single providers. They are offering premium signal service for only $12 per month. Where they post 3-7 signals per day.
Although this vendor is providing 100% verified results but they are using a trick by trading big lot once.
Since there providing free signals every day, before purchasing their signal service for copy trading service you should text their free signals on your demo account.
After testing their services if you see that you are profitable then you can continue with them.
Thanks for reading NCR Trading review. Let’s see what the community has to say in the comment section.
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