Pip Ster FX Review: Is a Scam?

Pip Ster FX Review: Is a Scam?

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Pip Ster FX is a Forex signal provider that believes they can offer profitable Forex signals only. They believe that they are the most Profitable Forex Signals and the Best and Most Proven Forex signals provider online. They also tell traders that their signals are often well planned. This is what they tell the community: ”Our pro trader panel is headed by Mrs. NeykovaFX. Our Team analyse the market & trade in the forex markets based on a well thought out plan. Our Strategy is based on Market moving mechanism, inter-market analysis and market flow analysis.”

The team is also assuring traders that their signals are safe to trade with since stop losses are always set at 50 pips away from entry. In fact, there is a statement on the website that informs traders how they conduct their trading. They claim the following: ”We always use stop loss and take profit to make the account secure from any unusual movement. All of trades place with three take profit levels and around 50 pips stop loss that ensure profit ratio with a very low Draw-drown. No high Risk Scalping, arbitrage in our trading.”

Pip Ster FX is also helping traders with risk management and this is quite obvious that they are targeting novice traders who don’t understand risk management quite well. This is what they claim with regards to risk management: ”As a best forex signal provider we tightly maintain risk management for long-lasting forex profit. We take around 3% Risk in a trade. We recommend a fixed lot on an account depending on the initial balance and risk percentage.”

Up to 300 pips is guaranteed on a weekly basis. This would translate to 1200 every month. Our target is to make +300 Pips in a week. Our guarantee is if we can’t make minimum +300 PIPs in a week or +500 Pips in 3 weeks, then we will extend your membership until we reach the guaranteed pips. This Guaranteed PIPs is solid pips, no partial closing or multiple TPs using. The real problem is to prove that these pips are authentic. If Pip Ster FX can prove that they are making these pips regularly, we can consider recommending or even including them in our list of the most popular trading products. So far, these products are the leading in terms of efficiently and stability in generating returns. If you are a trader, you should consider using them.

Pipsterfx Review

They trade daily 5-7 high probable and low risk trade set up. Pip  Ster FX minimum target is 20 Pips for short-term and 100 pips for the long-term trades. They trade the following currency pairs EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCAD. This means that there are some trades that last in less than 24 hours while other signals are basically trades that can last several hours if not days.

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The team is also claiming that they are providing unlimited support through email. This is a good thing because newbies always find themselves wanting to ask questions time and again and if there is a quicker way to communicate or rich these traders, it can be a good thing altogether.

Some of the features that come with Pip Ster FX signals

They claim to explore in depth and compared the trading results of members who use their FREE signals and those who use VIP signals and the results clearly show:

VIP members follow more Forex signals, have more trading oppоrtunities and achieve better results.

VIP members open many trades per day and get every single signal.

VIP members compare their own analysis with ours and they can make better decisions on the market.

With signals on currency pairs our members can diversify their own portfolios.

VIP members receive information for changing the direction of each trading signal (early closure).

VIP members exit the market profitably twice as often.

Subscription plans

There are 3 subscription and Pip Ster FX wants you to choose any of the subscription plans they have depending on your needs.

The first plan costs $45 but the second and third plans will require traders to folk out $75 and $110 respectively. All of the 3 plans will provide signals through Telegram channel. However, the difference between the basic plan and the other two plans is that they offer money management tips and of course you are paying more because the second and third plans will remain active for 3 and 6 months respectively.

The benefits that Pip Ster FX offers to subscribers

They want traders to believe that using their trading signals gives huge benefits for everyone who is interested at Forex matters. They want traders to believe that their signals can be successfully used by beginners and experienced traders or used by people with a lot of free time for trading and for people who are quite busy.

Their signals are both easy and simplified method but on the other hand enough effective for everyone willing to make a profit especially when follows professional traders who know what they are doing.

Throughout this site, we find a lot of spelling mistakes and grammar errors. We wonder why Pip Ster FX couldn’t just outsource content for their website before presenting it to the trading community. It makes their site look unprofessional.

Recommended deposit by Pip Ster FX

There is no minimum amount to invest. However, they want traders to know in advance that they are usually opening up to 7 trades a day meaning a sufficient amount of money needs to be present in your account to be able to run those trades while keeping your account safe. Their minimum recommended margin is £300.

Our best advice for you

Pip Ster FX isn’t a very popular service and secondly, they don’t have verified trading results to show us. We just don’t want to rely on testimonials published on their website because these could be fabricated by the owner of this site. We need to see people who use this service coming out in numbers to tell us about their experience. In the meantime, we are asking traders to invest with reliable services only. 

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