NCR Trading Review: is it a Scam?

NCR Trading Review: is it a Scam?

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NCR Trading claims to provide Forex signals based on high probability setups and safe strategy. They also claim to provide premium Forex signals with clear entry and defined take profit and stop loss respectively.

They make the process seem incredibly simple, and even claim to have a signal success rate of 85%. Today we will be providing a full review and analysis of this service to let you know everything you need to know, including whether or not they have verifiable proof to back up all of their claims.

It’s unknown who the creators of this signal service are, as this information is not provided on the website. There is no headquarters location, or introduction to any of the trading analysts that provide signals, which is not good sign. Furthermore, in looking through their Instagram account, all of the images provided are either of the back of someone’s head or of a man wearing a mask, covering his face. This is obviously quite strange, and it’s increasingly difficult to trust a developer that is doing everything they can to hide their identity. We definitely appreciate have much higher level of transparency when determining the viability of an investment opportunity.

In order to get in touch with support, there is a contact form located on the sales page and a message us button that directs traders to Facebook messenger or telegram for a more direct response.

If you’d like to take advantage of our Forex trading resources, just visit this page to learn more.

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NCR Trading Review

This signal provider wants clients to recognize the ease of signing up, and starting to receive NCR Trading signals. They do this by providing a 4 step process right at the front of the website that claims all traders have to do is choose a package, complete the purchase, receive the welcome email and then start placing trades immediately.

After this are a few statistics that claim the analysts have 6 years of experience, the signal service has over 600 active members and a success rate of 85%. We will obviously look much closer at the success rate in the trading results section you, and based on what we’ve seen so far, it’s not going to be overly positive.

Free Signals

In addition to be paid signals, NCR Trading does provide access to a free public group on Telegram, where traders get access to one premium signal per day. This free group also provides traders with access to free courses, premium results and an exclusive discount moving forward.

Trading Strategy

When dealing with the best Forex signal services, we’ve noticed that all the top providers are transparent when it comes to their strategy and their trading analysts. Sadly, NCR Trading fails to provide any real detail about either of these aspects, and any information about their methodology is quite vague.

They claim to provide a safe strategy where they notify their clients whenever they move the stop loss or take profit. They also account for news events and information on fundamental economics “as they are unimportant background the trading profitably.”

Each signal comes with a clear entry price, a divine stop loss and profit targets.

There is some information, but none of it is detailed more transparent enough to compete with the best signal providers in this marketplace as it stands.

Signal Analysis

  • Type: Forex Signals
  • Price: €50 per month
  • Strategy: Undisclosed
  • Signal Frequency: 2-5 per day
  • Pairs: Undisclosed

For traders interested in the NCR Trading service, they can sign up for€50 per month. This package offers a 30 second sign up, 2 to 5 signals per day, an 85% success rate, live messaging, clear SL and TP numbers. As mentioned earlier, traders can also receive one free premium signal per day, which is a good way to get started with the service and see if you appreciate their approach to the markets.

Client Feedback

There is no real client feedback at this point in time as this is a very new service still.

Having said that, we managed to find some testimonials from their site.

After 2 months I made a decent profit. Your team is really professional, available for every question and subscribing is worth it, especially when competent people are honest.

At the beginning I was a newbie, but the good thing is that by joining NCR I avoided a lot of beginner mistakes which might have led to blowing my trading account. Your services made me save a lot of time and money. Thank you NCR

I used the NCR Signals service and for the past three months, so far I have been very impressed! My only regret is that I haven’t jointed before

With such a new trading service, one would conclude that these are fake testimonials. We need to see independent testimonials outside this website for us to talk about real feedback.

Are there any Trading Results?

The most disappointing part of this NCR Trading review is clearly their lack of trading results. The vendor has the nerve to promise and 85% signals but fails to provide any access to their trading history. In fact, they do not provide us with a single trading signal or trading statements anywhere on the website.

This is obviously something you entered needs to fix immediately if they want to compete with other signal providers in this marketplace. This lack of transparency isn’t acceptable as you can see in our other recent reviews of Forex Pips Signal, Forex GDP and Copy Trade Profit FX.

Our best advice for you

As it stands, we simply can’t recommend the NCR Trading signal service to any of the Forex Robot Nation readers. While the website is aesthetically pleasing and showing some promise, the company is really missing the Mark when it comes to transparency as they have no trading results, no information about their company and vague descriptions of their methodology. If you have anything you would like to add to the review, please leave your questions and remarks below the article now.

Otherwise, we are recommending these highly efficient Forex trading systems. 

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