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If you’ve used Daily Pips Signal before, the odds are that you’re lamenting over your losses. Sorry, that’s how it’s supposed to work. Since these guys are not traders themselves, they have to find a way of earning a living by selling signals. It’s business as usual for them. It’s up to you to choose where and how you want to invest in Forex anyway.
And by the way, we are not painting a bad picture on this product just for the sake of it. We have one or two user reviews where those users claimed that they lost a big number of pips in their first few days. They have since given up on the highly-acclaimed Daily Pips Signal service.
What about you? Do you want to fall head over heels for their marketing gimmicks? Probably not, and that’s why you’re reading this review to find out what we have for you instead.
What we have right here is a list of top-rated Forex signals and training courses which don’t promise targets that cannot be delivered. They are thus profitable because you will make some money each day and in the long run, you will be counted among the few successful retail traders on the internet.
Meanwhile, you can read this review on Daily Pips Signals to get a clear perspective of who they are and whether or not some traders have been lucky with this signal provider.
First off, it’s not a popular service… even though they claim that people love to use their signal service. Those claims are written on this page –http://www.dailypipssignal.com/forex-signals/buy-forex-signals.
Daily Pips Signals is basically a signal and copy trader provider that charges anywhere between $30/month to $499/90 days. They claim that Daily Pips Signals is managed by a team of professional traders who analyze news, technical and fundamental aspects of trading before signals can be passed to you.
In the real sense, their job is to sell you signals because they can’t trade them to make the amount of money which they are requesting you to pay.
This type of service usually works best if they are training you how to trade instead. However, with this one, it can’t work and you won’t become a profitable trader since those signals can’t be relied upon.
Let’s see what people are saying on popular forums dedicated towards basting illegal Forex schemes on the web:
The above screenshot was captured from ForexPeaceArmy and it depicts how a user paid $499 only to receive signals that don’t make money. This user claims that in 3 days time, he had incurred a lose of -790 pips.
And the saddest thing is that the team at Daily Pips Signals are people who are very less concerned with their reputation. That’s why they never bothered to attend to this complaint on the forum. That’s unprofessional. It shows that they are not after their client’s best interest, although they will never confess that fact.
No genuine signal provider will dare make such a statement because it goes against the sacred laws of trading. If someone ever mentioned that they have a secret formula that guarantees 100% profitable signals, you should probably run to avoid getting ripped off.
Daily Pips Signal know that struggling traders are dreaming of the impossible. They know that you’ve been dreaming of a day when you shall find a signal provider who offers fail-proof signals.
And the sad truth is that they don’t exist. The worst that can happen is when you sign up to Daily Pips Signal only to realize that they were taking you for a ride.
It’s disappointing to face this truth later on. It can kill your morale and even make you conclude that trading is not profitable at all. But that is just an experience you get when you subscribe to Daily Pips Signal and other providers who market their products with lies.
To answer this question, Daily Pips Signal decided to post ”results” for the performance of their signals since 17th May 2017. And we can tell you that this is a bad joke.
These results cannot be verified, and thus we can’t prove that they are true. Unless Daily Pips Signal team are willing to furnish us with other details, what they’ve posted as results are nothing more than writings.
We think they’ve taken this joke too far as well. This signal provider couldn’t afford to work with MyFXBook either, why? You see, putting results on MyFXBook is the industry norm for signal providers who want to prove their capability and performance over time.
Daily Pips Signals is avoiding this area like the plague. Even if you call their hotline, chances are that you will never get more ”proof” beyond what they’ve posted on the Daily Pips Signal website.
We were particularly concerned with their Facebook fan page which has 200 users only 🙂 . We understand that they’ve only been around for a short time (if records of past performance are anything to go by).
If there are indeed 200 subscribers who trade on a daily basis with this signal provider, it should only be fare to expect their response on this matter.
Sadly, that Facebook page is a ghost town. No user activity. People are not asking questions about this product. This is a sign that Daily Pips Signal is not a good signal provider.
If they were profitable to do business with, everyone would be rushing to follow them on social media. Everyone wants to make money. Traders will do everything to find a genuine signal provider who will make their dreams come true.
It’s not worth paying a single cent just to subscribe to this service. We wouldn’t do that based on reasons cited above. A popular platform will always create a buzz on the internet. People will always talk on social media concerning that particular product.
However, in the case of Daily Pips Signal, it appears that it was not well-received for very obvious reasons…. it failed the few who ever subscribed to it.
Basically, this is just another mediocre signal provider who runs shop like the others. He doesn’t care about his reputation or what clients are saying out there.
What he cares for is that you subscribe so they can make money. And in that sense, you will not get value for your hard-earned money.
The good thing is that we have prepared for you a list of reputable and profitable Forex products to get you in the right track. What you will find here is a list of FX signals and mentoring courses that have real users who are making a living out of their trading activities.
On the other hand, we don’t recommend Daily Pips Signal because it’s too risky to subscribe to their service. The refund policy won’t change the fact that you lost money in your trades. Also, there is no guarantee that you’ll get a refund.
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