Menu

Blue Diamond FX Review: A Scam Signal Provider?

Blue Diamond FX Review: A Scam Signal Provider?

Share This!

We’re taking a careful look at a signal provider called Blue Diamond FX. This Forex signal provider believes that trading Forex without guidance is looking for trouble. They tell traders that 95% of traders lose money and if we want to be part of the 5% of traders who make money, we must take advantage of the signals which they provide through their website bluediamondfx.com.

On their Facebook page, they claim that Blue Diamond FX is managed by experienced Forex currency traders who have traded for the last 25 years. This Facebook page has 54 members meaning that the Forex signal service is new or they have not properly marketed the service.

We were also able to trace feedback on the Blue Diamond FX reviews page on Facebook which indicated that only 2 people had provided ratings (with no comments) regarding the quality of the signals which they offer.

We don’t want to rely so much on these star ratings because the feedback is only coming from two people and secondly, I didn’t see any comments by these people. So I will do my best to give my opinion and facts regarding Blue Diamond FX. If you wanted to subscribe, take a moment and read this review.

But if you’re looking for automated trading tools that can change your life, this page has the most recommended expert advisors. Buy a license and the worry of having to copy signals from providers like Blue Diamond FX will be over.

👉 Want to make money automatically with Bitcoin and Cryptocurrencies without the risk of trading yourself? Are you ready for self-custody of your investment funds? Do you like the sound of regular consistent results and profitable performance? Tired of the forex and crypto scams, false promises and games out there designed to separate you from your hard earned funds? Stop everything! ETBOT is for you! With the ETBOT software, only YOU are in control of your investment funds. The software works using API Key connections that only YOU set up and control. The ETBOT service and mother company EndoTech has been making investors hundreds of percent a year in proven gains since 2012! They use the volatility of the Crypto market to trade long and short using breakout techniques and strategies powered by real Artificial Intelligence. This year so far ETBOT has made over 75% for clients since January 1st, 2020. If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to ETBOT now and buy your subscription to get started. PS: ETBOT is a Profitable Forex/Crypto Trading Bot. 100% Verified and Recommended by Valforex.com.

worldmarkets

However, if you insist that you need trading signals probably for learning purposes, then it doesn’t hurt finding out what we offer on this page. We have the best Forex signals for traders and visitors who visit this blog.

Blue Diamond FX review

First of all, there is no information about the traders who run BlueDiamondFX website. The signal provider didn’t bother to introduce themselves to the trading community.

They describe their service as follows:

“We are experts in Forex Currency Trading and analysing the markets with over 25 years of experience. We supply high succes rated Forex Signals delivered in real-time directly to your phone with Telegram (which is a FREE instant messaging mobile app similar to Whatsapp. Telegram is available to download from your app/play store) so you can make an easy income from your phone with just a little investment.”

If you claim that you offer premium Forex signals and want traders to join you, you must be ready to present your brand with proper introduction of who you are, how long you have been trading and so on. Otherwise traders will be skeptic since nobody wants to throw their money around just like that in any signal subscription they find on the internet.

We have been reviewing many signals providers lately. Capital FX Signals failed to introduce themselves and the same case applies to Forex Pips Signals.

Whoever is behind Blue Diamond FX also wants the trading community to believe that they are experts in the currency market and if we are not following an expert, we will not be able to take advantage of the upside and downside movement of a complex market that is the Forex market.

They even present us with statistics of people who make the most money and those who lose money in Forex trading. They claim that banks account for 96% of people who make money trading Forex, followed by professional traders and signal followers at 98%. They attribute 1% to people who are trying to trade on their own.

These stats have not been backed by any external source and so We would like to consider them as mere speculations and a tool for marketing this service.

Trading strategy

The team behind BlueDiamondFX are not revealing their trading strategy and this works against them because professional traders like me always want such details for the sake of writing a proper review and even recommending the service if it fits the needs of most traders. So this is a big minus on the service.

Blue Diamond FX signal subscription plans

There are 3 subscription plans and all of them provide signals through BlueDiamondFX’s Telegram channel.

You can pay € 50 per month, €135 after every 3 months or €475 per year. These signal plans are similar in features except for the length of time that members will remain subscribed.

Traders should expect at least 5 signals per day which are mostly sent during the London, New York, Sydney And Tokyo Market Hours. This means you must be awake during these hours or be near your computer in order to place the signals.

Their signals come with exact entry, stop loss and 3 take profits. They claim that their success rate is high but no figures were quoted. On top of this, Blue Diamond FX promises 24/7 support.

These guys also want us to know that we can trade with certainty when we follow their signals.

Customer feedback/reviews

I do not think this service has any reviews or testimonials out there except those which can be found on their own website.

I generally trust reviews when they appear on Forex trading forums instead of when I find them on the vendor’s website. A vendor’s website owns that website and it is easy for them to forge reviews/testimonials.

Our best advice for you

I will not recommend Blue Diamond FX because even though they claim to offer professional trading signals that place us among the 5% winning traders, they offer no trading performance and are instead telling us past performance is not guarantee of future performance.

You cannot tell me past performance is not a guarantee of future performance when even the market itself is traded based on trends. Trends give us a general idea of how things will turn out a few months later. So past verified performance is actually a big part of maintaining transparency. Blue Diamond FX has failed to invoke trust and if you have used the service before, you should take this opportunity to comment below this review. Otherwise, if you need automated trading solutions, visit this page. 

If You'd Like to Get Notified When This Site is Updated, Subscribe Below...

Summary
Review Date
Product Name
Blue Diamond FX
Author Rating
21star1stargraygraygray

One Reply to “Blue Diamond FX Review: A Scam Signal Provider?”

Leave a Reply

Your email address will not be published. Required fields are marked *

IQ Mining




Binary Option Scams, Warnings, Reviews & Updates...

Binbotpro

Popular Articles

Follow Us

Valforex.com will not be 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. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, 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

Show Buttons
Hide Buttons