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FX Delta Review: Is this Indicator a Scam?

FX Delta Review: Is this Indicator a Scam?

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We are reviewing the FX Delta indicator (fxdelta.net), which is a product that has been released by one of the most popular names in the industry. This is an indicator package and Forex trading system that wants to help traders “extract money from market trends.” The vendor believes that everyone knows the trend is your friend, but very few traders understand how to ride it properly. This software and trading system is built to fill that gap. Today we will provide a full review and breakdown all the important aspects of this Forex service.

The creator of the software is Yordan Kuzmanov. He started trading in 2019, and is now well known for his contributions as a chief trader for Vladimir Ribakov’s, Traders Academy Club. Kuzmanov is the sole team member for this project, and feels it allows him to put forth his distinct strategy, without any interruption from outside influences.

To get in touch with support, traders can fill out a contact form on the web site. For those of you who are looking to start trading right away, these products can be of help as they have been verified to work as proclaimed in their various sales pages.

FX Delta Review

The FX Delta software is composed of two different elements, the Delta Scanner, and the Delta Dashboard. The scanner is a visual tool to help traders see the current market direction on. It covers “Forex, Stocks, Indices, Commodities and Cryptocurrencies.

The dashboard is a little more complicated as it’s comprised of three sections, navigation, trade management and 1 click trading. The navigation area shows the market direction. The trade management helps you visualize your current open positions, and the 1 click trading lets you place trades quickly, on the fly.

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The first impression is strong, as the best Forex indicators generally provide multiple options as well.

The Strategy of the FX Delta system

The software is built for both “beginners and experienced traders.” In order for it to be accessible, and useful, Kuzmanov includes full video tutorials so traders can get more insight into the FX Delta methodology.

In terms of strategy, the software ” scans trends in long time-frames , while simultaneously looking for market corrections on short-timeframes. ” This approach, combined with volume, momentum, and price action are what’s utilized to identify the trend and provide ideal market entries.

The strategy outline isn’t in detail, but it’s better than most as you can see in our recent reviews of For-Exe and Dream Signals 3. These details represent a perfect breakout of the product that is being sold.

About the owner of FX Delta indicator

Yordan has started trading in 2009 when he was looking for an extra income while studying. He went through everything as a beginner: “holy grails”, automated robots and lost money.

Then, he decided to approach trading differently and to look for quality, in-depth Forex education instead of quick solutions.

He has found Vladimir Ribakov’s trading club and systems and things started falling in place. Over the years his trading has improved, and he became a guest trader for Vladimir’s club. Eventually, after completely tansforming his trading results and being consistent for years, he has joined Traders Academy Club as a chief trader. Yordan has developed his own trading strategy because he wanted a strategy that will suite his needs and personality, and this is how FX Delta was developed in 2016.

The Delta Scanner

They say this is a quick, efficient visual tool to pinpoint the markets that are currently moving and suitable for trading. All the markets are covered – Forex, Commodities, Stocks, Indices, Cryptocurrencies. This is the first step of the FX Delta trading process.

Type: Forex IndicatorsOwner: Yordan KuzmanovFounded: 2018Price: $197

The FX Delta indicator package is currently available for $197, with a 20% discount for traders who purchase with digital coins. The product can also be acquired by signing up with a specific broker and depositing money with that broker, as long as they are accessible to your country. In my country, it says there are no brokers available, so we have to pay the $197.

The package comes with the software, a detailed strategy guide, video tutorials, free updates and access to live webinars.

Are there any trading results?

Kuzmanov provides a performance section on the FX Delta website, which shows trading results going back to 2018, when the service was founded. The table is impressive, as it provides the entry price, stop loss, two take profit options, and the end result. It also includes images for the entry and the exit of each trade.

The approach is pretty solid, but it is missing verification. There is no Myfxbook account, or anything to stop the vendor from manipulating the trading results. In our estimation, we don’t believe the results are being manipulated, but in the Forex market, you always have to be skeptical first.

We do believe the vendor would benefit greatly, from providing verified Myfxbook results, so we know the trades aren’t being cherry picked.

Client Feedback

As it stands, the FX Delta service is showing a 4.9 out of 5 star rating on FPA. This is a very impressive rating, and the client feedback is very positive. It seems that the majority of their clients, are happy with the service.

Our best advice for you

Our first impression of the FX Delta indicator package is positive. We appreciate the information being provided, and are quite impressed by the positive client feedback, albeit from only 13 reviews.

The only concern we have with the service, and one that can be rectified quickly, is with the trading results. We believe that Kuzmanov should upload his trading account to Myfxbook, so that we can verify each trade in the results table on the website. Once this is completed, we will have a much better idea if we want to recommend the service or not.

If you have anything you would like to add, please leave your comments below the article now. Otherwise, we are highly recommending these products for those who want to start a career in trading.

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