A signal provider to look out for, Signalator (Signalator.com) review is out. As the name points out, the platform is offering a wide range of signals. They offer seven to twenty signals per month, which are a fair amount. The accuracy of these signals starts at 45.5 percent for GBP/JPY and 66.7 percent for NZD/USD. One of the many hurdles with this platform is navigating through their homepage. The platform is filled with a cluster of trading information. Read this post to find out more.
For a safe trading experience, it is best to go for products with a robust online presence. These robots offer a realistic chance of winning for all classes of investors. They protect your investment and provide valuable trading knowledge. These robots are hailed as the best trading tools the market has to offer. Go for these robots and ensure you sign up with authentic products that are transparent.
On their homepage, they claim Signalator is a UK based signals provider. They claim to offer a wide range of forex trading signals and a variety of subscription options. And truly, they have several subscription plans to choose from. With each subscription comes free services such as email alerts and automated trading for MT4 and MT5 accounts. Users also get risk management services and SMS alerts. In short, the platform is offering a wide array of services with tremendous advantages.
We have a massive problem with the design of their website. All the pages are filled with trading information that makes it hard for the naked eye. One won’t be able to concentrate for long with a wide array of information. They have no images attached to their site, which is disturbing to watch. And this is an area where the developer has to work on if they hope to get more clients. The outlook and design of the website are terrible.
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Based on the subscribe page, we can boldly state that the platform offers Forex assets. They provide major currency pairs, which total to eleven. Some of the notable subscription plans include the Signalator investment program. The program goes for $885 for three months of $295 a month. For twelve months, users have to pay $1,947, which is a high amount. One has to consider the risks involved in having a platform with no trading results. And this could be the reason why most investors will shy away from a right signal provider.
Information on who owns and runs the platform remains a mystery even to this date. The platform gives no credible information on the developers behind this platform. We also found some disturbing features, such as having their servers located in Germany. One would expect that the provider would have their servers located near home. It means that the claim that they are a reliable UK signal provider is not complete. They should inform users more on the credibility and experience of the developers.
Another problem we noticed with the platform is that they have no useful user feedback. And this is shocking considering they have been up and running since 2008. A platform with such a long history ought to have some customer feedback. They have posted their testimonials, and here is where we see a problem. The last testimonial was updated in 2017, which could mean one thing. These testimonials could be made up and used to entice more investors to sign up. Otherwise, there should be some comments leading to the current trading period.
What is clear from the information we retrieved with the platform is the platform has a long online presence. The creation date of Signalator.com was 13th March 2008. What we found weird with the site is that there have been ten server changes over the last 15 years. It would mean that ownership of this platform has changed at least twice. With no credibility in terms of owner, we have to assume ownership has changed.
Some of the notable trading pairs include GBP/USD, USD/JPY, GBP/JPY, EUR/USD, AUD/USD, EUR/JPY, and more. The platform layout shows a different story from the actual day to day trading performance. Information on the site would suggest that the signal provider is intelligent. It has all the recipe of an expert working behind it. The only problem is that the owner tries to remain anonymous. With anonymous online platforms comes uncertainty, which blocks more sign-ups.
Signalator has several plans under different classes. It is impossible to explain all of them as the platform has several pages with more packages. And this is the main problem we have with the platform. There is a lot of information that misleads any interested party that lands on their page. The homepage has three plans a robot for $125, GBP/JPY for $45 per month, and $1,999 for 2500 guaranteed pips. When you take a look at the subscription page, a barrage of subscriptions greets you, which are all tiresome.
There is a huge problem when it comes to contacting the vendor. They have a chatbox that initiates a conversation after a few hours. And this is after the visitor leaves their name and email. We feel that the platform is harvesting data as they should be more open to communication. A phone number would suffice, considering that most traders want direct contact with the vendor.
Another issue we have with the platform is the lack of credible trading results. There is no verified result from a third party, which makes us question their intent. The platform should have a third party to audit their trading results. Without any valid results, it means the platform is, without a doubt, a huge problem. There is no way of trusting the vendor’s claim of profitable trading experience. The vendor should have posted his results on FX Blue or myfxbook for anyone to verify.
Being located in the UK, we had to check with the authorities in this region. And it turns out that the Financial Conduct Authority has no product license under the above name. Signalator is not permitted to offer any trading products or services. And this makes us sad that the signal provider ends up failing to have a license. With all their hard work and years of online presence, they ought to have a valid permit. And this points to the lack of professionalism. It shows that the vendor is not ready to go mainstream.
Without the validity of regulators in Europe, we won’t be recommending this platform. Sure, they seem fair and intelligent; the risks involved are higher. There is no way we can recommend a platform that offers no trading results. They should have at least provided live account results even without a valid permit. It would have been a step in the right direction in improving our stand on the platform. Sadly, the vendor is not ready to take the bold move and become a transparent signals provider.
We won’t be recommending the use of a platform with no trading results. Without a permit from BaFIN and the FCA. And this throws away any trust we had with this promising signal provider. Once they make an effort to provide one of the above documents, we will reconsider our stand.
Ensure you sign up with the best forex trading robots that are backed by trading experts. These robots are a sure way of making users gain knowledge of trading. They protect your investment all the time and are a favorite among the trading community. Due to their recurring user base, the robots have become a gem for online traders.
Our team wishes all investors a safe trading experience.
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