According to its website Profit Forex Signals is the best choice for all traders since 2010. The site claims trustworthiness and a proven winning streak because of its vast customer base. Throughout this article, we perform an EA review on Profit Forex Signals, analysing its stats, website interface, and trader reactions to confirm if the bot has a basis for these claims.
What is Profit Forex Signals?
Profit Forex Signals is a forex expert advisor that has had more than a ten-year run in the market today. Nino owns the forex bot, and its headquarters is in Trade Business Center, New York. The EA offers many tools and trading resources.
According to its site, the bot promises that once traders start using this platform that they won’t do margin calls, they won’t overtrade, and the information the site provides won’t mislead. The sales page claims that the EA was created using the top mathematical precision and is extremely user-friendly.
Traders can choose between the four packages that Profit Forex Signals offers, including:
Standard 1000 that costs $49 per month. With this plan, you get an average of 1000 pips net profit up to 50% investment return. Aside from customer support, you also get Free VPS and copy Trader. Professional 2000 costs $99 and will get you an average of 2000 pips net profit and more than 20 signals every week in addition to all Standard 1000 benefits.
Ultimate 5000 costs $249 a month and comes with an average of 5000 pips and a 150% investment return. And 90% trading accuracy. Pearl 9000 is the most expensive and costs $499 a month with an average of 9000pips net profit and up to 300% ROI.
EA Review: Profit Forex Signals
The EA is compatible with MT4, has fast signal execution with SL, TP, and adjustable lot sizes. You get free VPS hosting with this bot and 24/7 support. They have two services; automated trading by studying market trends and providing forex signals. Despite being completely automated, the creator still monitors the trades which adds a manual essence to the bot’s functionality. The cluttered website and explanations don’t look professional.
EA Review: Stats and User Reaction
The creators want us to know about their key pointers, including affordable prices, reliability and verified performance on Myfxbook. There are so many promises and guarantees but no explanation as to what they do.
The creator also seems fixated on the 350K Facebook fans and harps on it all through the website. The user reviews on his site are amazing, but on review sites, they are rated poorly. The bot trades within different currency pairs and seems to be more of a forex consultation service than a forex bot.
The verified reports in Myfxbook are just demo accounts and not real money accounts; there are no backtests, so we don’t know how to put in parameters.
We don’t think this site is genuine. Profit Forex Signals has provided us with numerous user reactions aimed at showing how legit his bot is which led us to question what they were overcompensating for. The creators seem to be putting up a front. We wouldn’t recommend using this forex bot.