CityPips.com Review

2.724 • 3 REVIEWS
Out of business
Updated: Apr 13, 2022

Website is down.  Company seems to be out of business.

CityPips.com
Out of business
2.724 • 3 REVIEWS

Recent User Reviews of CityPips.com

J
Joe Goodman
Austin, TX,
Sep 18, 2009,
Guest

CityPips takes profits on part of the position, then gives themselves full credit on their "Our Results" page even if the other portion of your position is stopped out at break even. I did a complete write up along with screen prints in the Scam Resolution Forum if you're interested. Bottom line, the "net pips gained" posted on their "Our Results" page is a lie because they calculate it as Pips Gained minus Pips Lost, even though Pips Lost are usually a larger position size than Pips Gained. Then they have the audacity to claim they don't get involved in the "money management" aspect of it, even though their signals ALWAYS use two profit targets and one stop loss.
W
William
Georgia,
Mar 16, 2009,
Guest

Did a trial for 4 days and on the last day a 75 pip gain on one pair pulled it out of the hole for a net gain. Terrible communication though. No phone, no address, 3 dead E-Mail addresses. Part of SolomonFX ?? where you encounter the same problem.
P
Peter Landy
Schenectady, NY,
Mar 13, 2009,
Guest

I took them up on their trial offer. It appears that Citypips is owned and operated by SolomonFX. I find them to be honest operation trying their best to provide profitable pips. Their signals are ok and slightly above average. They are a relatively a new operation so perhaps wherever I find their short coming there's a good chance it will improve. For now I've decided not to enlist for their service even with their 50% discount on initial registration. But I'll take another look at them a few months from now to see if there's a worth while change for me to hop onto their service. So to be fair at this time I'll not post a star rating.
L
Les
England,
Dec 20, 2008,
Guest

Their signals are probably ok but their customer service is very poor and they do not like criticism.
There are numerous errors in the performance figures posted on their web site and the details are always out of date. I advised them of the errors and offered to send them details so that they could correct them but they were not interested.
For your sign up fee of $199 you get access to a members section of their site which just contains a lot of videos explaining how to interpret their signals and use MT4 - not good value in my opinion.
In the 1 week that I was with them they sent me 5 trades. One trade they had to send out twice as it was incorrect the first time. In the case of 2 of the trades the information was not sent out in the format as stated in their own video so it was not clear as to whether they were issuing a "market" i.e. execute now or a pending trade. When I had the temerity to point this out to them and expressed my disappointment at the quality of information they were issuing, they replied by cancelling my account and refunding my subscription.
G
Guess Who
Phoenix, AZ,
Oct 5, 2008,
Guest

Ok so I get to be the first to review this service. First off I have been with them just over a month. They offer signal service and a little monthly training. The price is roughly $50 a month with a $200 one time setup fee. So far I am very happy with the signal service and the training is excellent. The signals come with specific entry, stop loss and two take profit levels. Usually the trade will hit take profit 2. Now don