ForeSignal.com Review

1.757 • 34 REVIEWS
Updated: Mar 21, 2024
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Other websites of this company include live-forex-signals.com, signale-forex.com, take-profit.com, foresignals.com, sinais-forex.com, signaux-de-forex.com, and senales-forex.com.

Details

Established: Unknown
Contact: info@foresignal.com
1.757 • 34 REVIEWS

Recent User Reviews of ForeSignal.com

B
bertrandp
France, France,
Mar 21, 2024,
Registered user

Don't trust their signals !!

Service use: Live Length of use: 3-6 Months
Foresignal provides no official performance history. While it is extremely simple to have one (broker statements, myfxbook, etc). The performance shown on the home page shows only the past fews days. It is not official and I'm not even sure it is true numbers...

Stay away from them.
H
hsohani
Canada, Canada,
Mar 6, 2024,
Registered user

Beware of Deceptive Premium Service Practices

I paid for their premium service for a duration of six months, but the signals' accuracy and current performance have fallen significantly short. Despite trying with four different brokers, the outcome remained unsatisfactory. A month later, I encountered further issues as they began blocking my MAC address, preventing access to their site and displaying a "403 Forbidden nginx/1.18.0 (Ubuntu)" message. I reached out via email requesting to whitelist my MAC address and rectify the misconfigured nginx server, yet received no response. Essentially, they deceived me by denying access to the signals, whether they were positive, negative, or inconsistent, effectively taking five months' worth of payments from me.
R
reteszelo
Budapest , Hungary,
Jan 25, 2024,
Registered user

Terrible signals, TP never reached

Service use: Live Length of use: 0-3 Months
A cheap algorithm behind the signals. TP almost never reached. I would have more luck with just random guessing. The ,,results" are not true. Never buy again

Jan 23, 2024 - 1 Star Prices are way off and almost never hit the TP. I was a fool and already payed for a half year. I hope I will find better than this.
1 trader has found this review helpful
M
Manoj_FX
Chennai, India,
Mar 9, 2022,
Registered user

Mixed feelings about these signals

Service use: Live Length of use: 0-3 Months
Pros:

1. Most of the trades are valid. So you can gain 10% per month at least if you are perfect with all their entries.
2. Some trades hit take profit, but they don't calculate it. They sometimes go back and hit the stop loss in their results.

Cons:

1. Some trades don't even hit the entry. They miss by more than 7 pips sometimes. Normally by 2-3 pips.

For example:

https://nimb.ws/8qmwd3

If you see the chart: https://nimb.ws/0Byk1F No way it would hit the entry in any of the brokers. There is a big difference between 127.81 and 127.88.

But still it was calculated as profit.

2. They actually use the last point of the take profit as the winning pip. It is not easy to catch those extra pips. That is just to show off.

3. Some signals hit S/L and go back to hit the take profit. It is shown as profits. You need to make sure you take the trade from the S/L point.

4. They don't reply to any email.

5. Doesn't take into account the fundamentals. If there is a breaking news or NFP, you can stop your trades.
1 trader has found this review helpful
L
langcant
Bangkok, Thailand,
Sep 10, 2019,
Registered user

Very bad!

Service use: Live Length of use: 0-3 Months
They have a banner that tell reduce the price form 69us to 1 us for trail but when I click the banner it deduce my visa card for 69 . And I get nothing form www.forexsignal.com 10 days ago everything still the same as the first day I have seen.
1 trader has found this review helpful
C
chiori
Italy,
Oct 30, 2018,
Registered user

first day, first trade I follow: scam!
website reports a filled order on a price *never* reached.
stay away!
2 traders have found this review helpful
Z
Zerosumgame
Netherlands,
May 17, 2018,
Guest

Lot's of cons but profitable so I will keep using this service

I have used this service 3 times for a single month via live-forex-signals.com. I wasn't aware that they have several clone websites but that doesn't really matter. There is a lot to say about this service so I will sum it up into pros and con':

Cons:
- Often comes a signal and the starting price is never reached by 2 or 3 pips. Though on their website it says they did. It may be a difference in broker. I use plus500.
- When I enter a trade I sometimes only realise too late that they stopped the trade. In such cases they say 4 or 5 loss pip while my trade is down 30 pips, but still within the range of the SL. I must add I sometimes get a profit where they already stopped it.
- Signals seem to be computer generated, so even during extreme volatile news event it would just send a signal like one minute before all hell breaks loose.
- They do not offer EUR/GBP
- You can turn the signal for each pair on and off but I would like to turn them off for the night, the phone bleeps are killing me.
- They do not reply to any email.
- Past results are a little biased in their favor, but definetely positive in my opinion.
- Checking their website from the link I get in my email often will trigger the Google captcha (too many visits) where I will have to identify some cars several times in a row. Really annoying when you're in a rush! They don't want any scripts checking out their signal, but I'd say 'So what'? Anyway, I'm not a robot..

Pros:
- Most signals are actually valid, and when they are not you can easily skip them if you have just a little trading experience. Just trade the obvious high probabilty trades and you are good.
- I do not have to watch the screen all day. I will get a signal via email, check out the chart myself and if I agree enter the trade.
- I like that they make the buy trades green and the sell trades red, prevents me from making stupid mistakes ;-)

4 stars because of the many cons but also because this is just a profitable service which saves me time.
V
Violenteer
Qatar,
Aug 10, 2017,
Registered user

RESULTS NOT TO BE TRUSTED

So todat. AUDUSD sell. They claim opened at 0.7883, closed at 0.7862. Total 21 pips.

Chart shows low of the day at 0.7867.

Closing time of signal apparently: GMT+03:00 10:27- the low on that pin bar is 0.7868.

Very disappointing that they lie like this when it is so easily found out.

Basically their numbers are false. True performance cannot ascertained.
1 trader has found this review helpful
M
michal
London, United Kingdom,
May 6, 2017,
Guest

good value for money

they are far from perfect but worth keeping eye on... for example when they claim 350 pips on some days i do 80-250. it does happen quite often that same trades according to them come in solid profit but i get only third of it.. it did happen few times that i had better scores... some times i leave trade to go longer with very tight sl
S
Slash007a
Lagos, Nigeria,
Mar 2, 2017,
Registered user

Good signal provider

I have been trading with their signals on my demo account. I made good profits. Then I switched to my live account, also using their signals. I also did quite well.
The negative reviews here are not totally true. the market is a volatile market and they make losses too. But so far, they are doing just OK.
I am not even a paid subscriber! I use the signal as a free user.
Greed is the major issue that traders have. If you can manage your greed, you will do quite well using foresignal