WolFX Signals – Signals Review
WolFX Signals is a Forex signal provider that claims to have a 90-95% win rate and monthly rather 4000 + pips.
Their website is very empty, they don’t have much information on their website.
They don’t have detailed information about how they treat, market analysis, trading strategy.
Their sales page does not provide any information to their expert members. Everything has been hidden.
As signal providers, they must be 100% transparent with their customers.
However, in this review, we will let you know whether it’s worth paying money to remain a subscriber of WolFX Signals.
WolFX Signals :Verified results
These vendors are not providing verified results from any third party monitoring website, they are providing weekly and ministerial results lists themselves, and are hiding losses. They use three tech profit points in their signals. And use a stop loss, but when they publish weekly or monthly signal result reports, they count the stop loss only once but add all the tech profits. Through which they show more number of profitable pips. Trying to persuade new traders to buy their services.
Every day they provide 1-2 free signals. So before joining them you can test their free signals at demo account for a couple for weeks.
No long term reputation
The website was registered on 16th February 2020, it’s only a couple of months and they don’t have a long term reputation. Even they don’t share client feedbacks.
No market analysis sharing
They only post signals but do not publish their market analysis behind these signals. As a result, their subscribers will not understand anything about their trading strategy. They should explain their trading strategy in detail with a few paragraphs about their training strategy so that their subscribers understand what they are going to do. And since their expert members do not have any information on their website, it is difficult to say how much experience their expert members have in the Forex market.
Fake claiming of winning rates
Claiming to have a 90-95% win rate, which is a super high accuracy rate. It is a false claim. Because we can see by reviewing their Telegram channel that their win rate is much lower. With this service, you are more likely to lose money instead of making profit.
And they are claiming that they make a profit of 4000 pips per month, but it is not at all possible to achieve 4000 + pips per month through the accuracy rate of their signal. If they do not hide the loss, then you can understand how many pips they can earn per month. If you want, you can also calculate the calculation manually, multiply the stop losses by 3 from the list of results, then subtract the total stop losses from the total tech profit, then you can see the correct calculation. The sad but true fact is that most signal providers hide their losses, calculating all the tech profits but only one stop loss. So be careful all the time. Always check if the signal flowing is giving a verified result. We should never believe everything the signal provider says.
WolFX Signals : Signals Pricing
They were offering three different packages for accessing their premium signal service. package includes 1 month for 30 Euros and three months for 70 Euros and a 1-year premium membership is 250 Eeros.
Pricing is average compared to other signals provider. But you can have a good signal provider with 100% verified results.
They are hiding their identities. So we have enough doubts about their training experience and Signal’s track record. We would not be surprised to hear that they are a scammer group. Never do financial transactions or investments with them. Although they never mentioned making any kind of investment in their Telegram channel, we are just warning you.
They can easily get rid of this situation by sharing a verified result statement from a third-party monitoring service. Like: myfxbook or fxblue.
Thanks for reading the “WolFX Signals” review. Let’s see what the community has to say in the comment section.
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