Telegram Connector is a software developed to identify signals of any setup from the signal providers on the Telegram App. The software boasts 1384 downloads, 1255 happy customers, and 1186 VIP users. As per the vendor, it is updated frequently to ensure it is compatible with all formats.
We could not find info on the developer or the team behind the software. However, the website info indicates the company is in Denmark. A location address and phone number are present along with an email address for reaching the support service of the company. An online contact form is also present for customer support.
While the vendor provides contact information including location address and phone number, from the user reviews, we find that the support offered is bad. Further, it does not identify the info that is not in text format, which can make you miss a big chunk of signals with high-profit potential. Our initial conclusion is that it is not an effective service we would recommend.
Telegram Connector at a glance
|Price||$34.99 to $79.99|
|Trading Platforms||MT4, MT5|
Telegram Connector functionality
According to vendor info, the software helps avoid the irritation of constantly viewing your phone for your signals. With this software, you can link your MT4/MT5 account with the Telegram group of your signal service, so you do not miss out on the trades. Some important features of this firm include:
- Instant execution of signal
- You can trade currency pairs and other instruments including cryptocurrencies
- The software can work in many languages
- Ability to manage risk individually for every trade and also control the risk as per the instrument you trade
- The software reads many TP levels and efficiently executes every level and you can also customize the SL and TP levels which the software uses on the signals resulting from a specific channel
- See the efficacy of the signal generator from which you copy the signals using the combined analytics and more.
The chief role of this software is to connect your signal service’s Telegram group with the MT4/MT5 account you have. It eliminates the manual work of copying the signals to your account. As per the vendor, after you choose a specific pricing package, you will have the software in your email. You need to install it in your Metatrader account and you will get the info directly from the Telegram channel.
Telegram Connector trading strategy tests
The vendor offers a backtester feature that helps you to verify the viability of a provider. This feature provides results similar to the backtesting results seen in the MT4 platform. It can backtest multiple strategies and settings and supports many languages and formats.
What about Telegram Connector real trading results?
We could not find any proven track record for this company. While the vendor promises 100% guaranteed results, there is no confirmed proof of the effectiveness of this service.
Four different pricing packages are present. The Basic plan costs $34.99 per month and comes with 2 Metatrader accounts. You get 10 Metatrader accounts under the VIP plan that costs $79.99 per month. With the Pro plan, you pay $49.99 per month for 5 Metatrader accounts.
A free plan is also present, which offers one MT4 account, but you need to use the partner broker of the vendor to use this plan. All four plans come with unlimited Telegram signals, groups, lifetime support, and lifetime updates. Seeing that you need to pay your provider and broker, the cost of this software is an additional burden. Compared to the price quoted by competitor services, the price is expensive.
We found 52 reviews for this company on the Trustpilot site with a rating of 4.2/5. Here are a few of the feedbacks:
From the above reviews, we can see the support is very poor. Another user complains of frequent disconnection and the lack of response to his refund request.
Telegram Connector Review SummaryTelegram Connector
Functionality2/5 BadA simple yet effective connecting method is used by the software.
Trading strategy3/5 NeutralVery minimal info provided on the role of the software in the strategy.
Live results1/5 AwfullyNo proof of performance is present which makes us suspicious of the reliability.
Customer support1/5 AwfullyBad customer support as suggested by the user reviews.
User reviews1/5 AwfullyMany negative reviews present indicating this is not a trustworthy company.
- Offers multiple language support
- Free pricing plan
- No proven track record
- Pricing plans are overpriced