StandardPips.com Review

2.42 • 24 REVIEWS
Out of business
Updated: Apr 13, 2022

WARNING:  The FPA has recieved numerous complaints about Standard Pips.  We have attempted to contact the owers about this and they were less than cooperative.

The FPA recommends against doing business with StandardPips unless these issues can be resolved.

Website is down.  They are probably scamming under a brand new domain name somewhere else.

Other closed websites of these losers include knightfxsignal.com

StandardPips.com
Out of business

StandardPips.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
Standard Pips -1.31 6.3 -7.957
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2.42 • 24 REVIEWS

Recent User Reviews of StandardPips.com

G
Gordy
Australia, Australia,
Oct 24, 2021,
Registered user

Standardpips.com is a scam website

Service use: Live Length of use: 0-3 Months
I signed up with these guys with a third party accountant who did the trades for me. There were hidden fees I wasn’t told about.

1- I had to update my signals $3000 AU
2 - I couldn’t withdraw my money unless I pay $5900 AU.

Any support pages go nowhere and when I email the number they give they say the fees need to be paid otherwise they won’t release.

The address is a random location and the certificate isn’t registered. The accountant was a guy with weird conversation that kept saying Pal.

Scam website! Walked away with a loss.
A
Albert
London, England,
Dec 14, 2010,
Guest

I joined Standard pips after coming across their initial positive review on the FXPA. Their initial reviews were great so I decided to join them on a one week's trial. The real results of their one week trial did not seem to match their published results on their website. For some reason Standard Pips (he) decided to extend everybody's trial period when the results were bad...my fear to stop complaints about the servce and people requesting refunds. My gut feeling was that this service was a scam and I soon worked out that I had been mislead into joining them by the previous reviews which I feel are false now.

I contacted Standard Pips and informed them that I did not wish to stay part of their service anymore and for them to stop sending me emails. I asked them for a refund for my trial in which I received no reply and they did not my money refund.I would not normally ask for a trial refund but feel their service is so dishonest I decided to do so. After no reply I decided to launch a dispute for the payment via paypal which Standard Pips had the cheek to challenge and unfortunately I lost out and paypal did not give a reason why.

To anybody with common sense please do not sign up to Standard Pips. The guy is a one man band scam aritist who is very dishonest and I am disappointed that people like him still exist in this day and age. No moral fibre and only interested in scamming people out of their hard earned money. PLEASE BEWARE!!!!
W
Whisperin
Sydney,
Dec 10, 2010,
Guest

Absolute shocker. Copier doesn't work properly and doesn't refund
M
Mack
USA,
Nov 26, 2010,
Guest

I subscribed for the month of November and I have nothing but BIG LOSSES all month long. I think this guy created what looked like months of excellent service but never was. I hadnt heard of this service until late October which is when I think he actually started. I think we were all duped. Terrible service I recommend staying far away from.
M
Max
Brisbane,
Nov 24, 2010,
Guest

G'day all! May I say that I have been using Standardpips Trade Copier for a week now but have only had one trading session (It supposedly trades 6pairs x 3times a day) Whilst that one session was great, the support & cutstomer service has been completely atrocious!!! I have sent 5 emails about my issue and not one has had a reply! So much for continusly reading about how the customer service is great...its PATHETIC!!. 2 stars because of the lack of support.
C
Chris
London,
Nov 24, 2010,
Guest

What an awful service, he had a great week when I trialed this back in October. He then took a week off from trading, and since he's come back the trades have been alot worse and the signals come as and when he chooses. Previously they came like clockwork, 3 times a day, now you can be waiting for hours and receive nothing. Customer service is terrible, you write an email wanting to know what's going on and receive no reply. Stay away and save your money!!!!!
H
Hery
Indonesia,
Nov 23, 2010,
Guest

The reason I joined their 1 week trial was just because the positive results for couple of months.
But, I found their style is an overtrade trading. Any broker must happy if you use this signal, but the subscriber will get painful with the drawdown.
Performance down too much. I can only give 2 stars
G
Gavin
UK,
Nov 22, 2010,
Guest

Hi all,
Please do not trust this service as things are not as they seem. His results look very good on his website which will attract you in (as it did me) but what you don't see is the manipulation of his results to the point that they do not match reality at all. People are experiencing weekly losses of at least 200 pips and are losing a lot of money with this service.
To summarise, the experience myself and many others have had with this company are:
- Results on the website are false
- Customer service is very poor where he just stops answering emails if you have anything bad to say or ask anything he doesn't want to answer (which should have warned me)
- He has been caught out before and has since changed his name from Chase to Kevin to avoid detection (please see FPA Link below)
- He deletes all negative comments on his website and facebook page (although some are up there again so worth taking a look)
- His trade copier doesn't work and in the space of one month he had to replace it three times. When it still didn't work properly he had to borrow another free EA off the internet to try and help (it didn't)
- He doesn't trade his own signals and failed to show any of his statements
I hope this has helped some people stay away from this company as it is a scam. Please read the following links which gives more reviews on the service and also the FPA demo test which speaks for itself
Forex Peace Army Signals review - http://www.forexpeacearmy.com/public/review/standardpips.com
Forex Peace Army performance test http://www.forexpeacearmy.com/forex-forum/forex-signals-services/12344-standardpips-com.html
Be careful.

2010-10-27 00:00 5 Stars Have been with Standard Pips for about 3 weeks in total and at the moment I can only say that the service is excellent. Signals completely match the results on the website, customer service is top notch and the trade copier, which i've been using over the last week, is brilliant.

At this stage I highly recommend Standard Pips to everyone.
L
LK
Sydney,
Nov 21, 2010,
Guest

This is a SCAM! his profits on his website are not actual profit from trade copier, and the FPA demo speaks for itself:

http://www.forexpeacearmy.com/forex_signals_performance/standard_pips/demo

even if not all trades are executed or if SL not moved, you still expect a small profit according to the website's performance.

DONT WASTE YOUR TIME WITH THIS SIGNAL PROVIDER!
J
Jack
indonesia,
Nov 21, 2010,
Guest

@Ryan, Seattle

how many month exactly? because the site is new!!

Registrar: GODADDY.COM, INC.
Whois Server: whois.godaddy.com
Referral URL: http://registrar.godaddy.com
Status: clientDeleteProhibited, clientRenewProhibited, clientTransferProhibited, clientUpdateProhibited

Expiration Date: 2011-09-09
Creation Date: 2010-09-09
Last Update Date: 2010-09-09

and they private the domain registration contact

Administrative Contact:
Private, Registration Email Masking Image@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States

is anyone can trust it?