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Pips Make Review: Is pipsmake.com Scam?

Pips Make Review: Is pipsmake.com Scam?

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Pips Make believes that their Forex signal service is the best because of their 7 day free trial. If you are a trader looking for automated trades, the service will provide you with a trade copier as well. The Forex signals service provides signals in addition to to chart analysis. The website is owned and operated by Emran Hossen, the head offices are located at Asea Brown Boveri S.A. – N.V., Flexible Automation Division, Hoge Wei 27, B-1930 Zaventem, Belgium. The website tells us that their service was founded in 2015 and has grown to become a global leader in the Forex signals market place. This is a statement that we can take with a pinch of salt because surely, if Pips Make was a global leader in the Forex signal selling business, they would be creating a buzz on the internet today. But this is not the case and so we do not believe that they are actually a leader in the Forex market place. Nonetheless, traders can get access to their trade managers by contacting them through email or Skype.

pipsmake

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Pips Make Review

They even tell us that their traders have a success rate of 90%. This makes us believe that they are setting high expectations for their service and because of this, we are hoping that they will produce proof to support their assertion that Pips Make can really generate signals with this accuracy rate. They even tell us that due to their extremely high win rate, their signal service has been able to attract 1000 clients who have actively subscribed for the service. This is definitely something we cannot believe because as you can see, this website is just throwing numbers around in a bid to persuade us to sign up. We should not be rushing to sign up if we do not know what we are getting ourselves into.

If they had 1000 clients as claimed on the sales page, they would be very popular. But this is not the case. They do not have client feedback anywhere on the web and so we believe that this is just a deception since they are using inflated numbers to convince us. The vendors promise a low risk, high reward profit ratio with a monthly target of 1200 pips. As for strategy, there is very little disclose, but they do tell us that their focuses on long-term trades because they feel that the market is primed for this type of trading approach. The developers also provide detailed chart analysis, and a weekly Forex forecast review to help traders understand the basics of their trading strategy. In looking at some of these analyses, I wouldn’t say that they are in depth, but the images provided do show a pretty clear trading approach.

When doing this review, we discovered that there were several spelling mistakes on the site. They also included an odd ad that was promoting Site Ground hosting services. This makes Pips Make look really unprofessional especially now that they are advertising hosting services which are not related to Forex trading in any shape and form.

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In case you want to find out more information about the signal service, read this section because we have summarized all that you need to know about Pips Make.

Breakdown of the product features

Pips Make sells their Forex signals for $100 per month. They focus on trading various instruments which include EURUSD, EURJPY, EURAUD, EURNZD, USDJPY, USDCAD, USCHF, GBPUSD, GBPJPY, GBPNZD, NZDUSD, AUDUSD, GBPAUD, and GOLD. Their strategy utilizes a long term approach which simply means that they are swing trading. They trade all time frames as opposed to one or just a few.

Now, there are two signal plans under which subscribers can get started with. The first plan costs zero dollars and runs for 7 days. It comes with manual trades, updated alerts and 24/7 customer support. They claim that this package is for those who are looking to test the quality of the service in order to test it and see whether it is the right investment for them. From there, they can invest with the subscription amount.

The other package is called the Ultimate package and features instant execution alongside all other features which are found on the free plan. It is good that they have a free plan for those who want to test their service but our concern is that this is a very short period of time to test out Forex signals. The reason is that the Forex market place is really unpredictable and some good signal providers have been known to generate profits in the first month and fail terribly in the second or third month. Therefore, 1 week of trading signals are just not enough considering that these guys are using swing trading approach which could mean that trades are lasting longer than expected.

Our best advice for you

Most of our reviews don’t talk good about Forex signal services when it comes to discussing trading performance. This is the case with Pips Make and we, therefore, believe that their trading results should not be trusted. The reason is that they are providing us with a simple table of their past trades. You know that this table is prone to manipulation since only the site owner can feed numbers there. That means they can feed anything into that table in order to mislead us.

We need them to present us with a third party statement sharing platform like myfxbook. From there, we can scrutinize performance and decide whether this Forex signal provider is up to par with performance. Otherwise, we can’t be sure whether the results which they are showing us on the table are accurate. At the moment, we are not recommending Pips Make. You can do well with these tools. 

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Pips Make
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2 Replies to “Pips Make Review: Is pipsmake.com Scam?”

  1. Am using this Pipsmake.com service from last 6 months.
    And this is good for me because they provide lot,s of info about trade as like chart setup and many more things.
    this is totally my personal opinion. And i rated them 4 out of 5.
    So I Recommended you guys to join pipsmake service .
    Thank you

    1. Thank you for this information and am also agree with you. Because Still now am using Pipsmake Signal Service. And my trade result is quite good now.

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