AlphaForexSignals.com Review

I agree a lot with the comment below. I too started in December on a demo account. The results were pretty poor but I did like how the site manager admitted poor performance. January was extremely bad. The site says if you used signals for TP2 and followed exactly, you would have lost 800+ Pips. Now if your experience was like mine, your performance will not match theirs. I kept a detailed spread sheet of my performance compared the theirs. This incident stands out. The signal was January 5 Daily - SELL STOP USD/CAD 1.0384 TP1 1.0359 TP2 1.0334 SL 1.0434. The stat shows that they took profit on this, mine shows a -4 pip (closed because of time), the value of the currency was 1 pip away from closing when it shot back up, and they counted it as a win. Now... this might not seem like a big deal but the spread difference can be up to 100 pips. I had other experiences like this as well, I'm not going to post every one but over a 1 month period in January I was under at least 400 more pips then they were and I was using Tada, their EA, close times, everything the recommended.

When the performance had gotten really bad that I started playing opposite of the calls. They use a break-out strategy when clearly support and resistance were the way to go. So I started going against the calls and was very successful. I then cut my membership with them because after a couple weeks of setting trades you understand what they are doing and it's super easy to guess their trades (pretty much a couple pips above and below the high and low point in the last hour or two.

After I cancelled my membership, I continued to receive e-mails regarding the site, performance and signals. Several e-mails indicated that performance was very poor and that the strategy was going to change to prevent extended draw downs. Ever since the new strategy has started, the posted the results haven't been updated in the performance section of the site so I can't comment on their "new" strategy. However I can tell you that it trades the JPN pairs and using a 75 trailing stop with a TP of 200+ pips and stops of about 45 pips.

This is my first post on the site, I just don't want people to get into the same mess I did. Even though I played it safe and kept my loses to a minimum, don't be fooled by there claim of an average of 3000+ pips a month.

I tried this service at the beginning of December. First on a demo account which I basically broke even at the end of the month. I went live on January, and drawdown was significant even when using there so called "conservative portfolio" which is during the asia session and following their money management. They admitted that January performance was bad, but the main reason for my low review score is that the results posted cannot be duplicated. Some days you could match the performance, but others days you cannot even when using a VPS, their close times, and the broker they said to use TDFX along with there semi automatic EA. I will not declare this a scam, but don't expect to mimic their posted results even if you follow all of their recommendations.

I really enjoy the absolute professionalism of this service. The owners of this service take care of business. If your looking for a great signal provider you justfound it.

This is an excellent service as it has clear signals at fixed times which can be followed even if you have a full day job. The performance of the signal provider is stable over time and - in my own experience - according to the statements on their web site. I recommend it to everybody.

I had been with Alpha since October. I had been using their EA, and trading mostly Daily. I Like their EURJPY and GBPJPY trades a lot: I go for TP2+50 on both. Alpha is always nice and helpful. Without their EA and TADA, my results would not be as good. I do what they say, like their newsletter and money management advise a lot and I make lots of pips. I had not found anyone better in 12 years of trading.

Complete waste of $99!! Don't bother and then in the trading skype rooms, they talk abt irrelevant things to forex. If their results were half as good as they claim it to be, shoot, talk abt sheeps in egypt for all I care, but the results are poor so they should not be talking abt anything besides how the hell they are gonna fix their fx strategies. I couldn't even make back the $99 it takes to subscribe to them to say I have break even...Look for other reliable signal providers please!!

A scam provider. Dishonest performance track record. I followed the signals of this provider during august/september and january, I never could archieve their results. For a real trader who is following them, a 1000 pips profit shown on their homepage is a 1000 pips loss. All days one trade or more with different performance, sometimes they post a total profit of 75 pips (25 Target1 and 50 Target2), but I had a loss of 75 pips. I checked the results using different brokers, but always with the same result: The performance record is totally incorrect. Stay away

Very happy with Alpha, after losing $$$ with an un-named (little plane) EA and using some other free signal services as well as using my own techniques, Alpha has provided consistant positive PIP results. I am on my way to re-couping previous losses. (I just need to stop trying to trade on my own) HIGHLY recommend this EA to all traders especially new ones.

Fantastic signals!!! My first month (October) I am up over 2,000 pips. I enter trades manually and still have time to enter all the trades. Highly recommended.

I used signal providers for the last 4 years and must say that noone has Alpha's results and they are the nicest people. I had used TP1 until recently, when they gave green light after September to go to TP2. My results are the same as I use TADA, which they recommend. I had been with them for 4 months and always followed their directions, which had been very thorough. To make their trades easy to place you have to learn their EA or have OCO orders on your platform.So far for this month I am up 830 pips already! Hope they will stick around.