Telegram Connector Review

Telegram Connector

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 PlatformsMT4, MT5
Currency PairsAny 
StrategyN/A
TimeframeN/A
Recommended DepositN/A
Recommended LeverageN/A
Money ManagementYes

Telegram Connector functionality

Features of Telegram Connector
Features of Telegram Connector

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.
Working method of Telegram Connector
Working method of Telegram Connector

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

Backtesting feature of Telegram Connector
Backtesting feature of Telegram Connector

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. 

Pricing 

The pricing packages for Telegram Connector
The pricing packages for Telegram Connector

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.

Customer reviews

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:

Unhappy customer complaining of bad customer service
Unhappy customer complaining of bad customer service
Negative customer review
Negative customer review

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 Summary

Telegram Connector
2 5 0 1
Telegram Connector claims to bridge the gap between your signal service and the trading account you own. Other than the service making it convenient to receive your signals, we do not see any advantages. Furthermore, the absence of a proven track record and negative reviews about the poor support provided indicate this is not a trustworthy service.
Telegram Connector claims to bridge the gap between your signal service and the trading account you own. Other than the service making it convenient to receive your signals, we do not see any advantages. Furthermore, the absence of a proven track record and negative reviews about the poor support provided indicate this is not a trustworthy service.
2/5
Total Score
  • Functionality
    2/5 Bad
    A simple yet effective connecting method is used by the software.
  • Trading strategy
    3/5 Neutral
    Very minimal info provided on the role of the software in the strategy.
  • Live results
    1/5 Awfully
    No proof of performance is present which makes us suspicious of the reliability.
  • Customer support
    1/5 Awfully
    Bad customer support as suggested by the user reviews.
  • User reviews
    1/5 Awfully
    Many negative reviews present indicating this is not a trustworthy company.

The Good

  • Offers multiple language support
  • Free pricing plan

The Bad

  • No proven track record
  • Pricing plans are overpriced
Total
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