KingFXSignals.com Review

2.579 • 6 REVIEWS
Out of business
Updated: Apr 13, 2022

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

KingFXSignals.com
Out of business

KingFXSignals.com Performance tests

Status Account Product P/L Weekly,% Weeks tested P/L Gross,%
King FX +3.93 11.1 +53.352
Please click the Product name to see detailed test analytics, trading statement, and use our Performance Simulator.
2.579 • 6 REVIEWS

Recent User Reviews of KingFXSignals.com

C
Christina Jurawan
Christina Jurawan, Trinidad and Tobago,
Oct 25, 2017,
Guest

I started account management with $500 and in 2 days I lost $300. Then I asked why they lost so much money and no response. They really don't know what they are doing. Don't waste your time.
C
Chris
, United Kingdom,
May 24, 2012,
Guest

These guys got lucky long enough for me to put the signals on my live account - now I have no account. I could go on about how this is nothing but another forex con but it I wont waste any more energy on these a**holes - I rate them 0 stars
P
Phil THomas
melbourne, Australia,
May 17, 2012,
Guest

I agree with Trader Joe.
Appalling service. I have lost about $500. No risk management in place at all.
Don't touch it

regards
phil
T
Trader Joe
, USA,
May 14, 2012,
Guest

Follow-up. I stand corrected when I said they risk losses of hundreds of pips to only make a few pips. They risk thousands of pips. On ForexVerified.com , King FX is down over 1,100 pips as they keep adding to losing positions. But wait, it gets better -they keep changing their stop losses on the EUR/USD trades to prevent a stop out. The S/L started at 1.2850, then they moved it to 1.2800 and now it is at 1.2700. What is the point of the stop loss if you are going to keep changing it to prevent a stop out? No professional trader would keep changing a stop loss in this manner. I'm glad I realized how inept they were and lost only about $300 plus cost of the service. It could have been much worse. Even if the trades recover, the risk management (or lack there of) is terrible.

2012-05-14 2Star The website video says they have a unique trend following strategy. The reality is that they are counter trend traders who risk losses of 100s of pips to make on average, around 15 pips. They currently have been buying long EUR/USD & AUD/USD into major down trends and opening up several simultaneous positions against these trends. Counter trend trading works fine in a ranging market but loses money quickly in a strong trending market like we have now. BTW, anybody can see the current trend we are in , yet King FX continues to trade against it. Look for this service to be out of business soon. They are amongst the worst traders I have ever seen.
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Alejandro González
Alpedrete, Spain,
May 8, 2012,
Guest

I am really glad I have found this service. Stable profit return plus outstanding customer support.
I
Igor Mysenko
Ulyanovsk, Russian Federation,
Apr 18, 2012,
Guest

I am wondering why this service has not been rated yet before me. I have been working with King FX for a month already and made pretty good pips with them. I really like their trading style! Accurate and profitable signals.
Y
yoon
incheon, Korea, Republic of,
Mar 16, 2012,
Guest

Eventhough short periode, this service looks so good for their trading performance but more detailed information is needed for the goods and stratigies etc...in advance on their web site, homepage.