FX Profit Pips is a service providing live Forex signals. As per vendor claims, these signals are 80-90% accurate. This is quite a bold claim, but before forming an opinion about the system’s profitability, we must look into factors like price, functionality, trading strategy, and live performance.
This signals provider sends you buy and sell signals for multiple currency pairs. On the official website, the vendor has briefly explained how it works while highlighting all the key features. We have the details of the pricing plans, along with a video that explains the various functionalities of the system. The website also has an FAQ section where you can find the answer to some common questions.
We should mention that there is virtually no information available on the parent company. The vendor has not shared the official address of the company headquarters and the details of the team members are missing as well.
FX Profit Pips at a glance
|Currency pairs||Combination of NZD, AUD, CAD, GBP, EUR, USD, and Gold|
FX Profit Pips functionality
With FX Profit Pips, you get long and short trade signals for currency pairs made up of NZD, AUD, CAD, GBP, EUR, USD, and Gold. By studying the real-time technical chart analysis, you can copy the orders at the market price. The vendor claims that there are 56 expert analysts working behind the scenes to generate these signals. They send the signals first to the admin group, where they get categorized by the admin team and sent to the support team.
This signal provided remains active throughout the day from 5:00 PM ET Sunday to 5:00 PM ET Friday. It mainly trades during the New York, London, Tokyo, and Sydney sessions. The system sends you trading signals via SMS and WhatsApp. You get a notification whenever there is a trading opportunity and whenever you need to modify the order.
FX Profit Pips trading strategy tests
We know nothing about the strategy used by this signals provider. Every trade comes with a take profit and a stop loss, but we don’t know how the analysts point out profitable opportunities. The lack of strategy insight is quite disappointing and it prevents us from accurately analyzing the system’s profitability.
Backtests are vital for automated trading systems. Before deploying an automated strategy in the live market, it is wise to test it using historical data. Since this is a signal provided and not an expert advisor, there are no backtesting results available.
What about FX Profit Pips live trading results
The vendor has presented the trading results in tabular format. However, these results are not verified by trusted third party sources. Without verified trading results, we cannot possibly determine whether the signal provider is profitable or not.
You have the option of choosing between four pricing plans. The Starter Pack, priced at $10, sends you trading signals for 2 major pairs. With the Standard Pack, you need to pay $29 to get signals for 4 pairs. If you plan to trade in more pairs, you can choose the Premium Pack that offers 120 profitable pips for 5 major pairs. Finally, there is the Pro Signals plan where you get a personal manager and minute-to-minute update in exchange for $50.
The vendor also offers some free plans, but naturally, they offer fewer pips. There is no mention of a concrete refund policy, but you can contact the vendor if you need one.
FX Profit Pips Review SummaryFX Profit Pips
Functionality1/5 AwfullyFX Profit Pips has no special functionalities that set it apart from other systems.
Trading Strategy1/5 AwfullyThere is no information available on the trading strategy.
Live results1/5 AwfullyThe vendor has not shared the live results for this signal provider.
Customer support2/5 BadCustomer support is available via email and live chat.
User reviews1/5 AwfullyThere are no user reviews for FX Profit Pips on third-party websites.
- Affordable pricing plans
- Lack of vendor transparency
- No verified trading results
- Lack of strategy insight