Price Action Forex Ltd is signal provider with the motto “watch, follow and profit together.” The team behind the service claims that it built the company to help retail forex traders profit consistently every month using our expertise. PriceAction Forex Ltd claims to be registered in the UK where most of their traders are based. Find out more in this price action trading review.
Table of Contents
What Are Forex EAs, Signals Or Indicators?
An expert advisor (EA) is software that directs and guides you on what trades to make or pass on, it even automatically starts and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
Having this in mind, traders need to be careful and very mindful of who they deal with in this business environment. Although this slight exaggeration called marketing is used by everyone, some are just out to deceive and steal others’ funds. A big step in discovering frauds is considering the offering, and proofs provided; another way is reading our reviews and comparing the offers of known reputable vendors.
Price Action Forex Ltd Review
Price Action Forex Signals claims to have a team of more than 15 professional traders with years of experience in the financial markets. The 15 traders scan the markets 24/7 every single day, keeping a close eye on the world economy and giving details of every trade they take including Entry Price, Stop Loss, and Take Profit. The clients then copy and paste the details into their trading platform from their phones.
How Price Action Forex Ltd Works
There was no mention of a strategy on their website. The website claims that their professional traders analyze the market every day. Members are notified via message in Telegram App every time when they take a trade.
The signal frequency for their VIP members is 5-8 signals every day. VIP members get support with any of their queries 24/7.
Price Action Forex Ltd Price
Price Action claims to provide 1-2 free signals in on their telegram channel every day.
They have six payment plans $40/month, $90($30/month) for three months, $150($25/month) for six months, $199($17/month) for 12 months. There is a lifetime subscription that goes for $299.
Customer Support
There is a contact form and an email
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedbacks on a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
Almost all the reviews we found were negative.
Conclusion
Based on the reviews and the non-provision of strategy we wouldn’t recommend using this signal provider.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
Scammers! don’t waste your cash on this fake channel, very bad signals, hide losses, manipulate results. just scammers! avoid them.