Learn2.Trade Review

1 REVIEWS

Gadget Geek Online Ltd

Updated: Jun 4, 2022 · Visit site  · Is this your company?
Learn2.Trade

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Established: Unknown
Customer Service: support@learn2.trade

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1 REVIEWS
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Traders Reviews

Ontario, Canada,
Dec 5, 2021,
Registered user

Not as advertised

Service use: Live

Length of use: 3-6 Months

Saw the high ratings for this signal service and decided to give them a try.
In terms of signal frequency, they do live up to the claim of 2 to 5 signals a day. However, quite a few of these signals are stop or limit orders, many of which are never triggered

Signal Accuracy – this is quite a puzzle to me, as on the reviews, accuracy is given as 70 to 80%. My experience was far less, at 30 to 40%. Plus, in terms of pips earned, my results are not very high, with several trades giving 10 to 20 pips at best. I got instructions to close trades at 5 to 10 pips in profit.
A big downside is that the risk/reward rations are not great, with some trades at 1:1. This means, when you lose a trade, you REALLY lose.
I got several excuses within the telegram chat for why trades were not successful, and that they were in the process of changing from day trades to longer term swing trades
There were other services offered within the paid VIP group, including a copy trade service within a VVIP group, as well as offers to join Crypto groups.
In terms of education, their trade analyses were mainly technical analysis, with some fundamentals thrown in. However, several of these videos are posted free on YouTube, so not much point paying for them
CAUTION: If you do subscribe to the signal service, it an AUTOMATIC renewal, unless you tell them in advance. ‘Advance’ is difficult to define. When I contacted them asking about cancellations, support mentioned that they were busy, and could not guarantee cancellation before my renewal date itself. I decided to cancel more than a week in advance (losing a week’s worth of signals), just to make sure I wasn’t charged. Don’t think I lost much by doing so anyway
Overall – far from advertised