Master Trade Signal is hosted at the domain mastertradesignal.com. They are offering a technical analysis software and even selling live data feed from entities like NSE, Forex, NCDEX and many others. The service is announcing on their tagline that they are offering 100% best buy sell intraday signals. When we come to the listed features of Master Trade Signal, we find that this vendor is promising over 95% win rate. And by doing so, traders are having big expectations about this service. They are not intending to take anything less. However, if they do, they will start to feel like they’ve been scammed by this service.
Master Trade Signal is promoted as the best technical analysis software. In addition to that, Master Trade Signal tells us that they are offering the best buy and sell signals software with personalized training on how to analyze the market. The service allows traders to trade all types of markets, whether in Forex, commodities, futures or any other market. They also claim that when you purchase any plan which is offered on this site, you will enjoy free future updates.
We’ve also noticed that the grammar on this site has some mistakes here and there. We feel that this is not professional, and the operators of Master Trade Signal are embarrassing themselves. They ought to have hired someone to do this job for them. It is not expensive. But they could benefit tremendously as it could give them the much needed boost to put up a professional image to the people they are targeting since we believe that majority of the people who come to this site are English speaking.
For traders who are in search for technical analysis tools, these Forex robots could be the best alternatives out there. We generally do our best to avoid Forex indicators as they have the problem of repainting signals. But if we come across one that works well under all trading condition, we will post it here.
They call it the reach live trading system. There is some reference to the country India, which explains why there are some spelling and grammar mistakes here and there. They’ve sacrificed their image but this does not mean they do have something quite unique. They also tell us that Master Trade Signal is used by traders from all over the world. Our take is that if a vendor is going to use such a statement, they should ensure that they have sufficient proof in form of testimonials which can be verified. If nothing in form of proof is provided, we will assume that this is yet another shady operation that claims to be popular when in the real sense, they offer nothing.
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Master Trade Signal was allegedly developed by skilled programmers whose mission was to design a system that can consistently generate profits. The issue we are facing with this promise is that these programmers are anonymous. It is one thing to be a programmer and it’s quite another to be a programmer. The two cannot be the same. Unless the programmers were following instructions from experienced traders, there is no way to say that the system can win over 95% of the trades it opens because it was designed by experienced programmers.
They are offering technical support as well. The site claims that support is offered through phone call, email and chat. The software is also supposed to support all market types whether you are trading Forex, Commodities or any other assets. They also guarantee us that future updates will be conducted for free. This is in fact a good thing because nobody ever pays for future updates. At least this is not the norm in the Forex trading market place.
One feature that is of most importance is the fake call detection feature. The makers of Master Trade Signal claim that this Forex trading indicator can detect fake reversals in the market. No explanation were given to elaborate on what methods or trading techniques this app is using to detect these fake trade setups.
Other than this, they are also providing a software that comes with trailing stops, sound alerts, four level filtering system (there is only vague info about 4 level filtering system among other things. And of course the promise that Master Trade Signal will win 95% of the trades it takes is indeed a big promise. That is why traders want some sort of evidence that this trading indicator is that good when it comes to identifying working signals.
In reality, there is no Forex trading software that can trade with this level of accuracy. It is not real. And if the owners of Master Trade Signal insist that they have been recording this kind of win rate, they should produce some evidence. Another thing is that there would be no need to sell the software to the masses. Think about this way – if you find out that a software is working like a money printer in the Forex market, can you start selling licenses or will you use it to trade without telling anybody else? Our best guess is that you will do the latter.
Therefore, the team behind Master Trade Signal are clearly lying to us. And if they are telling the truth, they should show us their trading performance. It helps to clear the air. Otherwise, we will just treat this site like any other suspicious Forex trading project aiming at naive traders.
We can request a free demo for the Master Trade Signal trading system. This is a good thing because seeing is believing. Unfortunately, the process of requesting a demo is quite tedious and uncomfortable for some people because it entails giving out personal info. Our recommendation is that they should at least try and shorten the process so that traders don’t have to fill up a pretty long form. Having said this, we are still championing for these trading robots.
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