Price Action Forex LTD is a Forex signals provider that is operating via telegram channel. There are alot of things to say about this signals vendor. They said you have to follow their expert on PAFX Telegram channel and profit by following 4 easy steps – Join, Copy, Trade and Profit.
They have a free channel that delivers 1-2 lucrative signals everyday for you to copy. The paid channel is where the real thing happen and their target is to make 1000+ pips every week for all type of account with unbeatable accuracy of 80%. Just at the middle of their website, you will see alot of reviews and testimonials – something we are not convinced is true. They claim claim 100% support, consistency, unbeatable accuracy etc, and want us to believe. You can also check out our most recommended trading tools here.
When you scroll down towards the end, you will see the signal packages – 1 month, 3months, 6months and 12months. Monthly subscription cost $40/month and the 12months subscription costs $199 ie $17$/month.
If you want to buy a lifetime license, be ready to cough out $299 at once.
Price Action Forex Ltd Review
- Forex signals like Price Action Forex are getting a lot of hype of late and Forex signals scams are not far behind.
- Most Forex signals scams are easy to pinpoint and would seem obvious to any investor. But even with blatant false promises of huge profits “while you sleep” millions of dollars are dropped into these Forex signals scams every day.
About Price Action Forex Ltd
Price Action Forex Ltd says to be run by 15 professional traders that deliver the proficient signals. Now alot of thing were said about the money you will make from this signals but nothing was said about who these professionals are. Lack of information about this professional traders makes tracking their existence and experience in the industry futile.
Price Action Forex Ltd Strategy
Apart from the fact that the website fails to introduce to us the professional analysts behind the signals, it also comes short in explaining the actual trading methodology used by these experts.
They showed screenshots of the so called analysis in action but the actual trading approach used by these professional still remains a mystery.
If trading Forex is your preference, we recommend these highly effective trading systems.
Price Action Forex Ltd Result
Of all its fault, Price Action Forex Ltd still failed to provide verified trading result from a third party firm for us to track. They provided screenshots and labelled it clients profit – something that can be done by any website owner.
Because Forex trading is still relatively unregulated, the number of scams seem to be ever-increasing. One area in which this happens on a regular basis is with Signals/automated Forex trading bots. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.