Trade X signals is a signal provider that provides it services on telegram for free. They created it to assist traders navigate the often confusing road that is known as trading. Neither the name of the team nor the location behind this EA has been disclosed. Read through this review as we go through what little information we could source to find out if buying this EA worth it? Read through our review to see what experts have to say about the Forex trading software.
Table of Contents
What are Forex EAs, Signals, or Indicators?
Before we dive into this review, we take a look at what an Expert Advisor is.
Do You Know You Could Get Back Your Money If You Have Been Scammed? Great News! Click HERE to Get Started
An expert advisor (EA) sometimes known as a Forex robot is a software with pre-programmed instructions that directs and guides traders on what trades might or might not be profitable. EAs can automatically initiate and carry out trades on their own. This is possible because of the set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
We cannot overstate the advantages and usefulness of Expert advisor. Among these many advantages is the ease of use, the slight learning curve is made possible because a key strategy has been programmed into it by experienced traders (or not so experienced traders, in some cases).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.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud. You could also read our reviews and compare the offers to those of other legit vendors at the bottom of this article.
Trade X Signal Robot Review
Traderxsignals.com provides its services on telegram. Trader’s telegram channel can boast of 2421 followers. On opening the website, we found it to be a bit empty for our liking, in fact the entirety of the website only contains a contact form. After filling the contact form, a telegram link is sent to you via sms.
How Trade X Signals EA Works
Trade X doesn’t provide any mention of strategy nor does it provide any trading result.
This is a trend mostly observed in free signal providers as they fell that the price tag (or lack therefore) is enough to attract potential clients.
Its signal frequency is 1-3 per week.
Trade X signalsRobot Price
As earlier stated, trade X signals provides its service for free, hence the only account type it offers is free.
Customer Support
It offers only its telegram channel as means of communication
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.
We couldn’t find many reviews concerning the product that Trade X Signals EA offers.
Conclusion
Trade X signals Robot doesn’t give enough information for us to carry out a full and accurate review. So we cannot in good conscience advise you to use their services even though it is free.
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