If you’re an active trader in the foreign exchange (forex) market, then you know the importance of receiving accurate and timely trading signals. That’s where PipsAlert comes in – a prominent signal provider in the forex industry. In this review, we’ll take a closer look at PipsAlert and see why they have gained a reputation for being one of the best forex signal services available.
Features and Services
PipsAlert offers a variety of features and services to its subscribers to help them make informed trading decisions in the forex market. Here are some of the key features and services offered by PipsAlert:
- Signal Delivery Options: PipsAlert sends its trading signals via email, SMS, and through its custom-built mobile app. This ensures that traders can receive signals in real time regardless of their location or access to a computer.
- Trading Strategies and Style: PipsAlert uses a combination of technical and fundamental analysis to identify trading opportunities. The signals are generated by a team of experienced traders who use their skills and expertise to analyze the market and identify potential trade setups.
- Risk Management System: PipsAlert has a robust risk management system in place to minimize potential losses for its subscribers. The system includes stop loss orders and take profit targets, which are included in every signal that is sent out.
- Live Trading Room: PipsAlert also offers a live trading room for its subscribers, where they can interact with the team of traders and discuss market trends, trading strategies, and potential trade setups in real time.
- Trade Copier: PipsAlert offers a trade copier service that allows subscribers to automatically copy the trades of the PipsAlert team. This eliminates the need for manual entry and ensures that traders don’t miss any profitable opportunities.
Overall, PipsAlert offers a comprehensive range of features and services designed to help traders succeed in the forex market.
Performance and Results
When it comes to evaluating the performance of a forex signal provider like PipsAlert, there are several key factors to consider. Here’s a closer look at how PipsAlert has performed historically:
- Historical Performance: According to PipsAlert, their signals have generated over 15,000 pips in profit since 2015. While this figure is impressive, it’s important to note that past performance is not a guarantee of future success.
- Accuracy and Consistency: PipsAlert claims to have an average accuracy rate of around 70%, which is relatively high for a forex signal provider. However, some traders have reported that the actual accuracy rate may be lower than advertised.
- Comparison to Other Providers: When compared to other forex signal providers, PipsAlert has a strong reputation for delivering reliable and profitable signals. Many traders consider PipsAlert to be one of the best signal providers available.
It’s worth noting that while PipsAlert has a solid track record, forex trading is inherently risky and there are no guarantees when it comes to generating profits. As with any signal provider, it’s important to conduct your own research and due diligence before subscribing to their service.
Customer Support and Education
PipsAlert offers several resources to help traders improve their skills and make the most of their signal service. Here’s a closer look at PipsAlert’s customer support and educational offerings:
- Customer Support: PipsAlert provides 24/7 customer support through email and live chat. The support team is responsive and knowledgeable, and they are available to answer any questions or concerns that traders may have.
- Educational Resources: PipsAlert offers a variety of educational resources to help traders improve their knowledge and skills. These resources include a Forex trading guide, trading videos, and webinars. Additionally, PipsAlert also provides subscribers with daily market analysis and trading tips to help them stay up-to-date on market trends.
- Trading Community: PipsAlert has a vibrant trading community where traders can interact with each other and share their experiences. This community is a great resource for traders who are looking to connect with other like-minded individuals and learn from their successes and failures.
Overall, PipsAlert offers excellent customer support and a robust selection of educational resources to help traders succeed in the forex market.
Pricing and Subscription Options
PipsAlert offers three pricing plans to suit the needs of different traders:
- 1 Month Plan: This plan costs $99 and includes access to all trading signals, email and SMS alerts, and live trading room access.
- 3-Month Plan: This plan costs $249 and includes all the features of the 1-month plan, as well as a 10% discount and access to PipsAlert’s trade copier service.
- 6-Month Plan: This plan costs $449 and includes all the features of the 1 and 3-month plans, as well as a 20% discount and priority support from the PipsAlert team.
Overall, PipsAlert’s pricing plans are competitive when compared to other forex signal providers. The trade copier service is a nice addition that can help traders save time and increase their chances of success. Additionally, the discounts offered on longer subscription periods make the service more affordable for traders who plan to use it over an extended period.
Summary
Summary-
Accuracy4/5 Good
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Value for Money4/5 Good
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Customer Support5/5 Amazing
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Reliability4/5 Good
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Range of Features5/5 Amazing
The Good
- Highly experienced traders generate reliable signals
- Risk management system in place to minimize losses
- Live trading room for direct access to the PipsAlert team
- Trade copier service available for automated trade copying
- Offers a variety of educational resources and customer support
- Competitively priced subscription plans with discounts
The Bad
- Past performance is not a guarantee of future success
- Some traders have reported lower than advertised accuracy rate
- Trading results will depend on individual trading strategies and risk management
