Easy Forex Pips Review

Easy Forex Pips

Easy Forex Pips uses the Telegram platform to notify its VIP members with the latest signal and detailed instructions on placing their orders. The system has been in the market with experience of more than five years. 

The vendors state that their signals have an average accuracy of 79%, which is a bit high in currency trading. We will analyze the provided information, live records, and other essential details to know the profitability of this service. 

Easy Forex Pips at a glance

Price$45, $75, $105, and $100
Trading PlatformsN/A
Currency PairsN/A
StrategyN/A
TimeframeN/A
Recommended Deposit$1000
Recommended LeverageN/A
Money ManagementYes

Easy Forex Pips functionality

Following are the key features that come with the purchase of Easy Forex Pips:

  • Live alerts on Telegram 
  • Daily Chart analysis 
  • 1 to 3 targets per trade
  • 4000+ pips per month
  • Clear entry and exit trade points
  • In-depth technical analysis
  • Interactive fore trade ideas
  • Money management tips
  • 4-7 Signals every day

To go ahead with this system, follow the following steps:

  1. Select the desired signal package from the purchase panel
  2. Complete payment procedure
  3. The developers will send an email with detailed instructions about the setup
  4. Join the Telegram group and start trading

Easy Forex Pips trading strategy tests

The developer comments that they use clear entry and exit points for each trade. The trading is guided by technical indicators and is subjected to continuous monitoring by professional traders.

Their Youtube video suggests that they are using Stochastic indicators with trend lines to trade the markets. Unfortunately, the trading history on Myfxbook is hidden, so we cannot analyze their strategy further.

Screenshot of Youtube video
Screenshot of Youtube video

The vendor doesn’t share any backtesting records on their official website.

What about Easy Forex Pips real trading results

The vendors provided a verified live trading account available on Myfxbook. The system started trading on 26 April 2019 and has been live for three years. The total gain of the account stands at +210391546.12%, with a monthly gain of 98.60%. The essential details such as initial deposit amount, net profit, total balance, equity, withdrawals, lot size, standard deviation, etc., are hidden by the developer. The average trading length is 4 hours and 5 minutes with a profit factor of 1.71.

Live trading results from Myfxbook
Live trading results from Myfxbook

The drawdown value of the account is 16.55%, but the graph looks very suspicious. As mentioned before, the dev has already restricted almost most of the information on the live record chart. 

Drawdown value graph from Myfxbook
Drawdown value graph from Myfxbook

The monthly analytics graph doesn’t contain any stats from April 2021 till today.

Monthly analytics graph from Myfxbook
Monthly analytics graph from Myfxbook

The live trading stats look very shady and are not enough to convince the clients. Most of the information is unrevealed, which means the developer is hiding something from the traders. 

Customer reviews

Easy Forex Pips have 362 customer testimonies with a rating of 4.7/5 on Trustpilot, a trusted and reputed platform among Forex consumers. 

The rating on Trustpilot
The rating on Trustpilot

One of the traders from Trustpilot says that it’s not trustworthy. The developers offer their customers one month’s free subscription for positive reviews on different platforms. This testimony explains all the positive comments available on the Trustpilot with a good rating. 

Customer review on Trustpilot
Customer review on Trustpilot

Another client from Quora gave its feedback and wrote that they manipulated the stats for users to join. He further advises his fellow traders not to join this company, and it’s a poor service. 

Trader comment on Quora
Trader comment on Quora

Pricing

Easy Forex Pips come in four purchase packages; a monthly, quarterly, six months, and yearly package at $45, $75, $105, and $100, respectively. All offers include all the feature promised by the developer. The vendors do not have any money-back policy. The payments can be transacted through PayPal, Visa, MasterCard, American Express, etc. 

Pricing of EA
Pricing of EA

Easy Forex Pips Review Summary

Easy Forex Pips
3 5 0 1
Easy Forex Pips come with verified live trading records from Myfxbook but fail to convince because most statistical data is hidden from public access. Little information about the vendor and no refund policy raises concerns over the system's credibility. No backtesting records are present, which can be used to know the performance of the signal over historical data.
Easy Forex Pips come with verified live trading records from Myfxbook but fail to convince because most statistical data is hidden from public access. Little information about the vendor and no refund policy raises concerns over the system's credibility. No backtesting records are present, which can be used to know the performance of the signal over historical data.
3/5
Total Score
  • Strategy
    4/5 Good
    There is little to no information on the strategy.
  • Features
    4/5 Good
    No automated copy trading available.
  • Trading results
    3/5 Neutral
    Unsatisfactory live records on Myfxbook
  • Reliability
    2/5 Bad
    The drawdown can be seen at 16.55%, but in the graph, it is sky-high with a value of 100%
  • Pricing
    3/5 Neutral
    The product's cost is average if we compare it with other systems in the market.

The Good

  • Live trading records

The Bad

  • Unsatisfactory trader reviews
  • Little information about the vendor
  • No backtesting record
Total
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