Copytradeprofitfx.com or CTP sells Forex education and signals for a variety of price points. On the sales page of CTP, they disclose that they are a group of traders with several years of practical experience in the market. Their trading strategy involves utilizing both fundamental and technical analysis tools to come up with Forex signals which they believe will help their clients achieve success in the Forex marketplace.Forex Trading
Unfortunately, Copy Trade Profit FX does not disclose who these ”talented” traders are. That means we cannot establish how long they’ve been trading. Their professional profiles are also impossible to find. We believe that this anonymity is doing a great dishonor to the vendor because most traders today want to work with signal vendors who have a strong proven background of successful trading. If this background cannot be confirmed, then it’s simply not worth wasting time and resources on such a signal vendor.
So the question that most people are asking is whether Copy Trade Profit FX can be trusted to deliver what they say they will deliver. It is just not enough to say that Copy Trade Profit FX will deliver Forex signals and that their methodology involves fundamental and technical analysis. Some specifics here would be a good explanation to give.
Note: Best Forex robots to trade with.
As it currently stands, Copy Trade Profit FX has not fully disclosed who they are. Their sales page is only telling us that they are offering Forex signals and education as well.
Want to make money automatically with Forex, Bitcoin and other Cryptocurrencies, Commodities etc 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! WorldMarkets is for you! With the WorldMarkets AI Managed Account Services, only YOU are in control of your investment funds. WorldMarkets is a trading platform that uses artificial intelligence to handpick highly profitable and low-risk trades for its users. It also goes ahead to trade for you based on analyzed data. And yea, you guessed right, “it almost never loses”. This is indeed the holy grail of trading. It is much more reliable and profitable than paying gurus to trade for you, mulling over candle sticks or playing the luck game. Using this system, investors and traders have recorded over 30% Returns on Investment in less than a month. And with a 100% compound return, you simply cannot lose with WorldMarkets. All you have to do is sit back, manage your funds and let the AI trade for you. Are you ready to start making aggressive profits regardless of the market’s direction? If you are ready to leave the trading to the professionals and upgrade your monthly income, now is the time, head to WorldMarkets now and choose a plan to start trading. PS: WorldMarkets is a Profitable Forex/Crypto AI Managed Trading Service. 100% Verified and Recommended by Valforex.com.
There are two Forex courses in total. These are beginner Forex course and Millionaire Forex course. These can be downloaded from the site once payment has been confirmed. The vendor, however, warns that there will be no refunds for either of these courses since they are digital materials which once consumed cannot be returned.
For the Beginner Forex course, the price is 150 EUR, which also gives us a clue that this Forex signals vendor is based out of the UK. With this course, students are taught how to set up their broker accounts, understand the markets and place trades on their smart phones. These are the key notes on the features of the course as listed on the website. On the other hand, the Millionaire Forex course is being sold for 99 EUR and is offering free Forex signals for the first 3 months of purchasing the course.
With this course, Copy Trade Profit FX claims that they will give members access to their community forums and training videos. The community of traders here are allegedly active and will help the learner gain insights on trade setups and charts among other things.
They claim that the price of this course is only for a short time period and that it will be raised. The value of the course is based on the understanding that you will make money with the course day in and day out. Apart from these two courses, Copy Trade Profit FX is offering 3 signals plans.
The first signal plan is called ”Forex package using PayPal”. This package costs 50 EUR a month and is promising to deliver up to 6 trade alerts each day, up to 600 pips a week, trade updates throughout the day and TP and SL levels respectively.
For the VIP Forex page, the subscription cost is 80 EUR/month and it offers the same features as in the first investment plan. However, the vendor claims that this package is for serious traders who want to trade full time and are looking for professional help. So maybe Copy Trade Profit FX is looking to provide additional value in this package.
Finally, the last signals plan requires a subscription of 225 EUR every 6 months. The vendor claims that this is a discounted price as normal price would be 350 EUR instead. Looking at the features of this product, we find the same thing. There is no extra-ordinary feature whatsoever.
And of course Copy Trade Profit FX is recommending brokers who provide leverage of as much as 3000/1. You do not need this kind of leverage as you will quickly lose your money even with professional help. By the way, trading with high leverage is never encouraged as it contributes to high risk trading and careless management of trading capital. If you do not want to expose yourself to those things, ensure that you are only trading with as reasonable leverage as possible.
They’ve also provided a UK phone number and email address on their site. This is to offer support to visitors of the website. We don’t know how well their support responds to client queries and concerns. However, giving a phone number is a good gesture as people can call in any time to ask questions or get help.
Unfortunately, Copy Trade Profit FX is not giving us any verifiable trading performance to look at. We wanted to see whether these people have proof of their trading performance since they claim to have traded for a very long time. Experience in trading should be proved through a myfxbook account which tracks trading results for the number of years they claim to have traded.
Because this information is absent on their site and they are expecting their clients to somehow believe their alleged trading performance, we are not quite sure whether to go ahead and rate them well.
They should be able to confirm to us that this trading performance can be proved. We neither want to see numbers nor claims that they are experienced in this task when there is nothing to show for it.
Copy Trade Profit FX is yet another signal provider out there who doesn’t seem serious about their job. They appear to be doing this just to make quick bucks as there are no trading results to prove their claims. They are hoping to subscribe inexperienced people who want to get into Forex trading. The best thing you can do is trade with these robots instead.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
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