FX Leaders is an information platform that provides Forex market news, analysis, trade recommendations, and signals.
The company claims to provide traders with the best strategies and trading opportunities at the same time equipping them with the right knowledge
they need to succeed in the markets. It offers free signals, daily market analysis, educational content, and social trading.
Forex signals are trade ideas indicating movement of the market in real-time. They are used both by newbies and professional traders. Most Forex signals include the position type (buy or sell) as well as the take profit and stop loss levels.
The company is run by a team of expert analysts with trading experience across major financial markets including currencies, commodities, cryptocurrencies, and indices. Its leading analyst is Skerdian Meta while other members include: Arslan Butt, Rowan Crosby, Eric Furstenberg, Donato Lucarelli, Aiswarya Gopa, Timothy St John, Sophia Cruz, Konstantin Kaiser, and Shain Vernier.
The company is dedicated to equipping its customers with trading insight and a well-understanding of technical and fundamental market factors. For inquiries, the team can be contacted by filling the “contact us form” available on the contact us page.
The company also has a Mobile App that traders can download for free on the Google Play store and use for receiving signals alerts as well as educational content.
FX Leaders at a Glance
|Price||$39/month or $9.8/year|
|Trading Platforms||MT4, MT5|
|Currency Pairs||All trading instruments|
|Strategy||Technical and fundamental analysis|
The FX Leaders signal service has two packages namely: a monthly plan which costs $39 and a yearly plan that goes for $9.8. After your subscription, the package you choose will come with the following features:
- Mobile & email notifications
- Alerts on all signals
- Long term signals
- Unlock entry price
- Full access
- Signals performance reports
The company is currently running a special promotion for the 1-year premium account. Traders are required to follow the procedure listed in the screenshot attached to qualify.
FX Leaders Functionality
The signals system works in such a way that traders are required to follow the live signals and manually copy them to their trading platform by executing a buy/sell position according to the data of the active signal.
The signals are basically trading ideas. Traders receive the position posted on the forex signals page together with the TP and SL levels.
What traders are required to do is to manually copy the trade at the market price when the signal goes live. When you join the premium membership by subscribing to any of the packages, you will receive email messages and notifications on your mobile phone so that you never miss a trade. Also, you will instantly receive the full signal details which include the time the signal was issued, entry price, pair to trade, signal direction, and the TP and SL.
Other important and educational particulars provided under the signals system are listed in the screenshot below.
FX Leaders Trading Strategy Tests
This signals system uses both short and long-term trading analysis and strategies. Because of this, different types of traders can use it as the signals can match various trading styles. There is no backtest report provided.
What about FX Leaders Live Trading Results
There are no trading results provided. It’s a red flag for FX Leaders.
From the customer reviews we fetched on third-party platforms, it’s clear that the signals are not working. Most customers rubbish the signals stating that most trades hit stop loss and that they have a very poor risk to reward ratio.
You can read some of them in the screenshots shared below.
Users’ testimonials are provided on the website however, we don’t use them in making our decision. This is because they might have been influenced to write positive reviews..
FX Leaders Review SummaryFX Leaders
Functionality2/5 BadThere is information explaining how the signal service works.
Trading Strategy3/5 NeutralWell explained trading strategy.
Live Results1/5 AwfullyNo trading results provided.
Customer Support2/5 BadThe customers can reach developers by filling the contact us form.
User Reviews3/5 NeutralThe negative reviews outweigh the positive ones.
- Availability of user reviews
- Trading strategy provided
- Vendor identity disclosed
- There are no backtest and trading results provided
- Recurring payments
- Many negative customer feedback