Prefer Forex review: Pros, Cons and Traders Ratings.

4.303 • 22 REVIEWS
Updated: Mar 29, 2024

What is Prefer Forex?

Prefer Forex is a forex signals provider that sends out signals via WhatsApp and Email at a subscription fee.

Please read Prefer Forex Reviews below and share your live trading experiences in using their signals.

4.303 • 22 REVIEWS

Recent User Reviews of Prefer Forex

Dubai, United Arab Emirates,
Aug 6, 2023,
Registered user

Amazing results

Service use: Live Length of use: 0-3 Months
I took my 1 week trial with prefer forex and the results were amazing.
I dont mean that all trades resulted to profits but there is someone who will let you know when its time to get out, rather than waiting for the stop loss which always takes more that 30% of you investment.
Give it a try and rate it youself.
For me i give them a thumbs up.
Lucas Lauer
Brazil, Brazil,
Jun 1, 2023,
Registered user

No history of trades

Service use: Live Length of use: 0-3 Months
So I'm half into the 15 days trial period. I'm negative but one week is nothing to test a signal provider. I will update here with the full 15 day trial result.

But the thing is, they do not keep or have any history of the past trades. I asked on the chat and they cannot provide it.

So in my opinion, not a reliable service, as all reliable services keep a strict and honest record of their past trades (like ForexGDP, Charting Today and Black Trading Forex).
Reply by Peter submitted Jul 31, 2023:
Hello Lucas,
So, you are commenting on using the service only for 1 week? While we have subscribers who have been using our service for 2-3 years, and their positive comments can be seen on FPA. We offer a free 15-day trial to evaluate our signal structure and performance. Earlier we kept performance records on site but we find that showing performance records is hypothetical and cannot measure the real picture. It's better to get live signals to evaluate performance.
Our trader panel confirms low-risk signals that ensure a small stop loss and a minimum 2 to 4 times higher take profit to help traders to make a consistent profit. We have been serving traders for over 10 years and encourage mature traders to join us who consider forex as a business.
You may technically promote other providers' names here. But see, we are unique, in other places, you will find neither real performance nor a such a long-time free trial to evaluate. Additionally, we offer our service at a low cost without conditions or promoting any affiliation. You can compare our service cost; free trial offers and signal quality with others to see the difference.
If you would like to see previous signal screenshots, please visit our Facebook page

Thank you for considering our service, and we wish you the best of luck in your trading endeavors.

Ny, USA,
Aug 28, 2022,

Most genuine service out there

Service use: Live Length of use: over 1 Year
One of the best signal service out there who is honest. They are not doing just anything to make there fx book right. The service give u limit order so that u get the time to enter with clear stoploss and take profit . The risk to reward is always good. The service donot force a signal. Good customer service . Thanks for the service guys keep it up.
Saudi Arabia, Saudi Arabia,
Oct 5, 2020,
Registered user

One of the top forex signals online

Service use: Live Length of use: 3-6 Months
I will be honest , i have tried over a dozen forex signals that will promise you the moon but never deliver.

This preferforex service is reliable indeed , you don't have to take risk on subscribing on it like other service you can have 15 days trial for 1$ so it's a risk free trial this is how they are confident in their service this alone just shows how great their service is.

I been with them for a while and gained over 2000 pips now and lose less than 200 pips. i advice you guys to join this service .
London, United Kingdom,
Jul 16, 2020,

Impressive Service

Service use: Live Length of use: 0-3 Months
I was a member a couple of years ago and recently returned when I saw that PreferForex were now using only level for TP. I'm not a fan of multiple TPs as it is easy to skew the results to make them look better than they actually are. I have tried many signals services over the years and it is great to find one that is honest and shows their monthly results as they actually are. There is nothing hidden and all their results are shown on the website as well as in the Telegram channel where the trades are given. Communication has been excellent with Mr Roy and most important of all their results have been excellent since I rejoined. Highly recommended !
Purav Thakkar
Gujarat, India,
Oct 1, 2019,
Registered user

Fantastic fabulous unbelievable, elegant perfect

Service use: Live Length of use: 0-3 Months
It has been the first month with them and I can say based on my 15 years of experience that they are truly genuine, capable and worth giving a try . Their calls give you the confidence once you enter. They are selective and they provide risk return ratio 1:2. I recommend this to anyone who is struggling with their trading to opt for preferforex.
United Kingdom,
Aug 8, 2017,

Have been a member of PreferForex for about 2 years and satisfied with their overall long term performance, Works perfectly with my trade management strategy as there is now only 2 TP levels, There have been few monthly losses but still profitable in the longterm.
Customer service is fast in response. Performance page has always been 100 real pip results.
Dubai, United Arab Emirates,
Feb 4, 2017,

Pips not same as $ return!

Be Aware: Pips results are totally different than $ results in your account. They use TP2 to enhance there overall pips for the month but in your account the result is not the same since the majority of your position 60% is exited at TP1. I had a long conversation with them and I proved them right! There claim was they care about total pips and not total $ return! Really?! Dah!!! They refunded me just to shut up!
Reply by Peter submitted May 23, 2017:
Thanks for your review. First of all I can’t recognize you as our customer. Anyway, we use two tps for the better use of a signal and we close 60% of position of first tp to get a quick profit and secure the position by setting sl at entry then let the trade run for 2nd tp. It’s true that the total pips of a signal is not the equal to the $ due to partial closing, spread or slippage but we provide guaranteed pips to cover everything and serving thousands of happy customer. We have also clearly stated this matter in our website. We never says that we don’t care $ as forex is the business of making $, but a signal provider we can only count the pips as it’s not a fund management service. If the market moves 100 pips no one can say its move less than 100 pips. Earning money can be different as here involve some factors. I hope you got the point.

F. Ryan
Nov 4, 2016,

I subscribed to PreferForex Signal Service in October last, with a very low expectation of any kind of improvement in my forex trading. I have been looking for a reliable Forex Signals Service Provider for a long time without any success. Every Provider that I tried had a magnificent advertisement on the internet, promising outstanding results that never materialised. However, that all changed with PreferForex. In the 3 weeks that I have used this service, I have made a steady profit each week. The support offered is excellent and queries are dealt with very quickly. Peter the Manager is very helpful and I would have no hesitation in recommending forex traders to avail of the services of this first class company.
Paul Collier
, United Kingdom,
Jun 3, 2016,

I've been a member for a couple of months and very impressed with results so far. Peter is very helpful at answering any questions and the trade signals are sent by email and SMS and updates provided as the trades progress. I've tried a lot of different services over the years and Prefer Forex looking like the real deal !