Estimated reading time: 7 minutes
It seems that selling Forex signals is big business out there. It’s a lucrative cash cow that targets new traders or even those who have been around for some time and are not able to generate consistent profits.
This has led to the rise of signal firms and vendors mushrooming all over the internet in search of people who can buy their signals for a specific price.
And one of them is Profit Forex Signals which can be found on this domain –www.profit-forexsignals.com.
This signal provider is of particular interest to us because of the many declarations which they’ve made on their website.
And if you are planning to buy any of the packages offered by Profit Forex Signals, you better stop on your tracks and read this review.
You will ultimately be thankful of the fact that our insights about this firm were useful as far as your investment is concerned.
NB: Interested In Trading Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Trade Better, Faster and Smarter for More Profits With Ready to Use "High Performance" and Approved Verified Robot. With This Software, You Are Not Only Able to Auto-trade Bitcoin and Other Cryptocurrencies Profitably, You Can Also Invest in them or Other Newer Cryptocurrencies. You're Given a Dedicated Account Manager After You Fund Your Account Who Will Help You With the Best Settings and Strategies To Get the Most Out of Your Investment. Click the Banner Below To Register Now:
Note: If your language is not English, you should use the language dropdown menu at the top right hand side of their page to select your language.
It’s good that you asked this question.
Now, the best, and most comprehensive answer to this question is that Profit Forex Signals is an auto-trading service that delivers signals which they claim their users can trade with 90% accuracy.
This trading service uses MYFXBook platform to conduct aggressive marketing operations. Amidst all that, Profit Forex Signals also claims that their results are fully audited, and that their trading signals are 100% verified.
If these claims are anything to go by, then it could mean that Profit Forex Signals service can be used on different Forex brokerages, and that clients should still make a profit regardless of which broker they use.
What is more, Profit-Forex Signals offers signals in the price range of $200 all the way to $1,000 per month.
If a client intends to use their service, all they have to do is buy any of the signal packages and then authorize it so that those signals can be traded automatically on their accounts.
Those are marketing declarations that were made by the Profit Forex Signals website. And it’s difficult to ascertain the truth here.
Thankfully, our investigations have got you covered. We’re going to reveal nothing but the truth.
We did an investigation on the said employees of this company. However, what we discovered is more than shocking.
First of all, this website is owned and run by a one-person army (which explains why their customer service is very poor.
They’d actually get a rating of half a star if this options existed. The guy who runs this service is a 34-year old man named Ninoslov Golubovic.
These findings are contrary to what the website of Profit Forex Signals proclaims. They say that this firm is comprised of many employees, including professional traders with so many years of experience.
However, what we were able to confirm is the involvement of Ninoslov Golubovic and his wife on this website’s operation.
The wife is called Anna, and although she is portrayed on the website as an expert Forex trader with over 8 years of experience, the fact remains that she is not a trader but the wife of the man in charge of Profit Forex Signals website.
Check out this Facebook page to confirm whether or not what we are stating here is true. You can be the judge.
We must confess that the website of Profit Forex Signals is very well presented. It features key sales presentations that any buyer would easily fall for.
The ”company” puts strong emphasis on ”honesty” and ”transparency”. It is as if someone accused them of lacking these qualities. So they have to drive their point home by emphasizing on these elements.
Other declarations that this website makes is that it has never lost trades since its inception in 2010.
Their ”profit” curves on myFxBook have been rising higher and this gives the illusion that Profit Forex Signals is indeed a good signal provider.
The website has also gone ahead to make proclamations that they’ve won multiple awards of the best Forex signals since 2010.
These awards also involve Emporium Trading, a platform that has since gone dormant or probably waiting to be sold.
This discovery was weird by the way. It prompted us to do further investigations on this company’s affiliations with Emporium Trading.
This information can be found when you do a quick Archive.Org search or background check on DNS data of the site.
We discovered that this site was an extension of Profit Forex Signals, and Ninoslov Golubovic used to own that site before it went under.
The website also claims that they’ve been averaging 10k pips every month in addition to stating that their signals are 90% accurate.
Obviously, we can’t help but think that this is pure exaggeration. Only scams use stories that are too good to be true.
There are plenty of those. These complaints trickle in our inbox quite frequently, and we are not surprised, seeing that incriminating evidence keep following this firm no matter how hard they try covering their tracks.
We singled out one complaint that could easily summarize what this signal provider is offering.
This person said that he was lured by their splendid performance record on myfxbook, and this prompted him to go for their ultimate professional auto-trader package which costs an arm and a leg.
At the time, this package was guaranteeing 5,000 pips per month. But as you can see, the site updated that package and now users are being promised 9,000 pips per month with this package.
This client’s MT4 account was set up with their EA the same day. NINOSLAV advised this client to use .1 lot for every position opened.
Now, the saddest part is that all trades were handled by Profit Forex Signals and within 9 days, this account had gone from $2,000 to $0.
Any trader who comes across this complaint recons that it’s very distressing for traders to undergo this kind of experience.
In fact, this user felt so betrayed after he lost all that money. Keep in mind that he lost money on the cost of the package and also the capital which he was using to trade.
However, this is just one of the many complaints which users have since filed against Profit Forex Signals.
We get astonishing complaints every once in a while that challenge the realm of what we can believe.
This trader came across the website in 2015. After studying it for a while, he decided to invest his savings into the $1,000 signal package since he was convinced by the ”100% verifiable myfxbook results”.
The man, Ninoslov Golubovic, produced what looked like actual account statements and even guaranteed a minimum performance for the said signals.
This is the alleged system performance overview which was used to convince the customer.
You see, a nice steady upward flow is the dream equity curve that every trader wants to have.
So this is a perfect scenario for fooling traders. You can imagine how many traders have fallen victim to this kind of thing.
We have a collection of our top-rated Forex signals and mentoring products that anyone can use to make money. Believe you me.
Also, we’ve already exposed Profit Forex signals for what they are, and we believe that this is the worst signal service ever sold on the internet. Just keep off this service. Or else, this signal provider will mess you up in no time.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
August 23, 2017 By Warren
Some social media users have been blasting and trolling Meir Barak of Tradenet because he said in one of his...
June 7, 2017 By Warren
Is Forex School Online going to really teach you the right skills needed to make money from the markets? We...
June 6, 2017 By Warren
The word ''Forex'' is an intriguing phrase for most people. That alone makes the Forex market a healthy breeding ground...
June 6, 2017 By Warren
Traders Elite (traderselite.com) is a scam that claims to have the secret of identifying the exact millisecond to enter and...
June 4, 2017 By Warren
The Forex market is a lucrative place to be. However, it is also a conducive environment where scams like Super...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More
Forget Poloniex, Bitfinex, Binance, Coinbase etc
NB: You won’t see this offer again.