Price Action Forex LTD is a Forex signals provider that is operating via a telegram channel. There are a lot of things to say about this signals vendor. They said you have to follow their expert on the 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 every day for you to copy. The paid channel is where the real thing happens and their target is to make 1000+ pips every week for all types of accounts with unbeatable accuracy of 80%. Just in the middle of their website, you will see a lot of reviews and testimonials – something we are not convinced is true. They 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, 3 months, 6 months, and 12 months. A monthly subscription cost $40/month and a 12-month 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 proficient signals. Now a lot of things were said about the money you will make from these signals but nothing was said about who these professionals are. The lack of information about these 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 of 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 professionals 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 faults, Price Action Forex Ltd still failed to provide a verified trading result from a third-party firm for us to track. They provided screenshots and labeled it ”client profit” – something that can be done by any website owner.
Because Forex trading is still relatively unregulated, the number of scams seems 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.