Trend Signal claims to assist traders to trade successfully in the Forex market. They achieve this by offering a variety of products and services which include trading courses, education, strategies, and indicators. Clients can be served either online or in a classroom. However, there is something unsettling about the services and products offered. We believe that they are bogus and untrustworthy and you can only make losses with them. Read this review to find out more.
What is Trend Signal?
This vendor’s services incorporate the following:
- A complete trading course
- Exclusive indicators
- Trading strategies
- Personal coaching and mentoring
- Online interactive workshops
- Structured members area where clients can access videos, course material, calendars, manuals and interactive tests
Official Trend Signal website
A lot of information has been clustered on the home page. A closer look at other pages on the site reveals a similar trend. It appears that the vendor wants to convey a great deal of messages but they have no clue on how to do so effectively. We also noted that most of the info provided is irrelevant. They have terribly failed to supply us with relevant stuff and traders are bound to get tired perusing the site as they seek for vital data.
Trend Signal is a UK based company whose mission is to equip traders with the knowledge, skills and methods they need to make profits in Forex. The company alleges that it has been developing trading tools since 2003 through the joint effort of successful traders and IT professionals with a combined experience of more than 90 years. A list of the names, profiles and even the pictures of the Trend Signal team is available on the site.
We commend the company for trying to be transparent and showing us the faces and professionals behind their services. Not many FX vendors reach this level of transparency.
How can we use Trend Signal?
In essence, Trend Signal sells trading indicators, trading courses, and trading strategies. The company also provides free webinars, a platform which they use to educate interested about Forex trading.
Pricing & refund
The vendor does not say how much it charges traders for their services or how much their indicators cost. Maybe they charge exorbitant prices which may drive away potential investors. Therefore, you will just have to contact them to find out their offers.
According to the developers, Trend Signal applies the sniper strategy. Unfortunately, they just highlight the benefits of their approach and leave out pertinent details that would have assisted us to understand how it works. It seems that these professionals do not have their priorities right.
The team has also failed to display their backtest report. Therefore, it is hard to tell if this strategy has been profitable in the past and if it can benefit users currently and in the future.
Results from a live trading account from one of the third party verification sites like FXBlue, FXStat or Myfxbook.com have not been posted as well. As a result, we cannot gauge how their products perform in the live market and how their profitability is affected by different market conditions.
What customers say
There are many positive customer reviews on the official site. This does not come as a surprise to us. They have flooded one of their pages with these testimonials so as to convince traders that their services are reliable and effective. We cannot fall into this bait.
So, we looked for credible client feedback on Forex Peace Army. There are a total of 33 mixed reviews on this platform and the vendor has been given a rating of 2.614 out of 5. A significant number of traders have confirmed that Trend Signal is not profitable as they have ended up incurring many losses after purchasing their products.
Summary: is Trend Signal a trustworthy service?Trend Signal
Trading results2/5 Bad
- Free webinars are provided
- Backtest data and live results are absent
- The strategy is unclear
- Negative customer reviews