Hello kizir007..
I'd like to share my experience subscribe to FOREXPROFITA, I hope may bring benefit to you and anyone. I subscribed on March 2017, firstly trial and then continue to one month subscribtion.
If you look at web performance it is amazing. Winning percentage is high more or less 75%, with winning pip usually larger than losing pip. Also, in term of method, they are not using any martiangle/grid strategy, which means it safer than signal provider which showing their outstanding pip gained per month (and of course not showing their risk per trade, or even margin called account due to over leverage )
First of all, my question to forexprofita was what is best broker to follow? They said any true ECN broker.
Fine, I already have ECN Pepperstone account, I thought that it's good already . Good things is usually their inital trade begin with reward/risk > 1, but usually at the end close it prematurely, end up small profit (less than stoploss's distance). Also, in reality instant open order price signal is quite different with actual quotes of my ECN Brokers, often it more than 5 pips (50 points) difference, sometimes it exceed 8 pips! (This is not good, this is very bad!)
During my first (and the last) month subscription I found real trade sometimes different from trading performance shown on web page. This is just example case, not all cases I've experienced. At that times I have 2 losses, to be specific that was NZDUSD and GBPCHF on 3 April, 2017. Initially it was a limit order, and few hours later activated by market, and stopped out. One day later, I checked on web performance ("forexprofita.com/our-accurate-performance") it written that both trade end up in profit +25 and +35 pip. Then I complaint via whatsapp that it never reach target, he said that it should have been reached target. So I sent him my MT4 screenshot when limit order is taken.. when it activated.. and end up stopped out. He said that limit order is activated within 1 hour, and reach high (target). Which actually it activated more than 10 hours later and stopped out.
I asked him showing his trade history, but he said he has no account. (for me it's ridiculous, how come personal manager not following his own signal if it's good?) He showed me screenshot from tradingview.com, only chart, no order made, and tell me that trade SHOULD BE activated within 1 hour (which actually it's impossible because price never get's there to activate limit order). So, in conclusion they use assumption for profit and loss, not by trading order to any real broker, and that assumption result is posted on "our-accurate-performance" web.
Also sometimes you have to react fast whenever signal is coming, because around 30% of their signal is instant order. So during these period times, I use program to checking web signal every minute and execute order on MT4 platform (I use imacros and extracted text as input in EA), to open order and close order automatically. I like programming, so I've been lucky to be able to do that. But.. Unfortunately it's still not enough to follow properly..
I've asked them to be honest running business, but they prefer to do it un-ethical way to run it's business by faking performance, but they just not admit it. And of course they have polite words to their client.. but for me it's enough. So if you are about to join and found this post, you are lucky. Or if you keep on join their signal.. then.. "Good Luck!"
