In the following paragraphs, you will find an unbiased analysis and assessment of FX Alerts, a company situated in the United Kingdom that asserts itself to be the most successful signal provider operating in the foreign exchange market. The moment you join this firm’s service, they promise to put you on the fast track to success, according to the beliefs of the company.
Because we have observed a few customer testimonials that give a very negative image of the service, FX-Alerts.co.uk is unquestionably deserving of an in-depth investigation.
After conducting research into the company’s history, we uncovered the fact that FX Alerts is an organization that is both owned and operated by Phoenix Finance Group Ltd. The number 9990773 is assigned as the company’s registration number. They can be reached at the following location: 29 Fenton Road, Chafford Hundred, Grays, ESSRM16 6EP, United Kingdom.
It’s possible that you visited our website in search of this information, but were unable to locate it there. This is due to the fact that the aforementioned information was not made public on the sales website of this company. However, that depends on who.is.
To begin, we might state that this is a promising sign in and of itself. The vast majority of businesses operating in this sector will, as a matter of course, keep their operations confidential.
Is it safe to assume, then, that FX Alerts lives up to the claim made on their website that they are the leading market specialist in the UK? You have an obligation to learn the following from this review:
FX Alerts Review
When you go on the sales page, the first thing that will jump out at you is the fact that they provide a free trial for a period of thirty days. The website asserts that they have a global client base that continually relies on their work and expertise to evaluate charts and study news events. This customer base is always reliant on the website. Since the victory rate for these signals is 81.6%, doing so is expected to guarantee that all customers who sign up for FX Alerts will always be profitable.
When you sign up with the company, it promises that they would send you daily signals without fail once you’ve done so. Each day, there are at least ten signals to be obtained by reception.
Every signal is delivered to their customers between 9:00 am and 12:00 pm, Monday through Friday. It is expected that these signals will be transmitted via email and Whatsapp (whichever is convenient for you).
Returning to the home page of the FX Alerts website, we see a few of photographs that are supposed to represent the company’s current clientele.
It is quite difficult to determine whether or not these testimonies are genuine. This is due to the fact that FX Alerts most likely uses stock photographs and edits their own testimonials in order to create the appearance that their customers are extremely satisfied with the service they receive. Because we often deal with data as opposed to assertions, this could very well be very far from the reality of the situation.
This signal provider has a victory rate that is quite high to begin with. According to the win rate, we have not yet seen any evidence to suggest that this service provider is in fact transmitting signals that are likely to result in a profit the majority of the time.
However, it is also concerning to note that FX Alerts is not making any efforts to validate these assertions. This is especially the case with the vast majority of signal suppliers that do not trade their signals. Because these sellers never feel the need to register a live trading account, they will never provide you with a statement of your account even if you specifically ask for one.
In order for us to gain a grasp on what is going on in this location, we will need to provide an in-depth analysis of the way things function in this location.
As far as we can tell, there is a free trial available for a period of thirty days. Absolutely all traders should start their trial of this service here. This is such a no-brainer that it defies explanation. When a signal provider is offering a free 30-day trial, you won’t be able to immediately enroll to their service. It makes perfect sense to evaluate the quality of their signals first before choosing whether or not it is worthwhile to spend money on that service.
However, there is a catch to this. If you want to evaluate the quality of this service, you will have to conduct business with one of the Forex brokers that they propose.
Because there is such a substantial cost and benefit disparity between the two, you will want to give that some serious consideration. You see, when you take advantage of the free trial offer for 30 days, FX Alerts will not stand to lose anything. The spreads offered by the broker you are using to trade are calculated taking into account the cost of your subscription. As a direct result of this, the costs associated with your trading would rise, which would prevent you from gaining any advantage over your competitors.
In addition to this, if their signals turn out to be weak, meaning that they do not “beat” the markets 81% of the time, then this means that you will have put your trading capital to the test and lost it to a company that initially over-promised and never delivered. We are keeping our fingers crossed that this will not come to pass. However, it is something that must be dealt with regardless of whether or not their service is being tested.
Pricing and features of the many plans that FX Alerts has available.
FX Alerts has three distinct subscription packages, each of which the company asserts will fulfill the requirements of any trader. The first plan, which is available to subscribers at no cost, is the obvious choice. It is effective for a full month.
The second plan has a monthly fee of £299 and a duration of three months. The third plan has a price of $399 and is suitable for users who wish to maintain their subscription for a period of six months. According to FX Alerts, this plan is perfect for traders who want to capitalize on their signals over a more extended period of time and is suited for those traders.
In addition to this, we are meant to receive free online educational webinars as well as an eBook. Support for customers is available around the clock.
That makes a lot of sense in theory. However, does this imply that the corporation in question will be able to keep these promises? If we want to know the answer to this question, we will need to investigate what other people’s experiences have been like using this service. It has been around for a sufficient amount of time to have acquired at least a couple of user comments. This topic will be addressed in the not too distant future.
Result of business transactions
Confirm that the signal source you are considering using has an active and verified account on myfxbook whenever you come across a signal provider who brags about how good they are at providing signals that work. If they don’t have one, may you please move on to the next provider?
That is a direct analog to what we have been doing all day today. People that administer and manage FX Alerts have the misconception that a free 30-day trial is meant to be able to take the place of a myfxbook account that has been confirmed. That is not going to take place.
Feedback from Users We indicated before that the importance of feedback from users was quite high. It advises us as to whether we should go ahead with our plans to subscribe to the publication or not.
Learning from the errors committed by other people is one of the best things you can possibly do for yourself.
If just one customer review regarding this service can be seen as indicative of the overall quality of the product, then dealing with a company like FX Alerts can fill us with irrational levels of dread.
This particular consumer stated that the organization did not provide any assistance at all (which demonstrates that the purported availability of customer service around the clock is really a myth). Additionally, they asserted that the provision of this service did not result in the generation of any revenue for them. Once again, this serves as further evidence that the purported win rate of 81% is a fabrication. We have given a screenshot for your review, which can be found above. Enjoy yourself while you dissect what that one particular client said.
Aside from that, you should make it a habit to study the online expert reviews that are available for the services you are interested in. I provided a link in the previous sentence where you may see a detailed description of the company in issue. Regarding the functioning of the organization, it is impossible for you to overlook what I am attempting to convey to you here.
Our most helpful piece of advice for you
You should already be aware of this, but we will never recommend trading methods or signal providers to you if we can’t verify their track record of success in the market.
Because of this, we are compelled to cancel our subscription to FX Alerts because there is no way that we can believe the statements that they make. We would appreciate it more if they provided a one-day trial of free access to their trading signals through a Forex broker of the customer’s choosing. Before reaching a decision regarding whether or not this is a fraud, we would prefer to examine a myfxbook account that is free of any issues and has been validated. We sincerely apologize.