35pip.com Review Is 35pip A Legit Signal Provider

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35Pip l 35pip.com Reviews by Forex Traders

35Pip l 35pip.com Reviews by Forex Traders

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Last Updated: Aug 29, 2020 @ 10:34 am

https://www.valforex.com/forex-reviews35Pip.com was founded in 2007. 35pip free forex signal provider gives out free signals and updates for forex traders.

This is the mission statement of 35pip.com:

We are the 35pip Trading group. We are two fulltime traders analyzing and trading the markets every day.

We are trading forex since 2007. The first years were not easy for us as a forex trader. Like the most traders we failed several times. After loosing all the money on the forex account we learned to trade the markets. Learning of all our mistakes turned our forex trading into the profit. We give you the possibility to use our know how and our forex signals to learn forex and the markets.

35Pip.com Review

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

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Consumer Reviews

It has been 2 weeks and all I have received is an EA that works on DEMO account. LUCKILY I PAID THROUGH CREDIT CARD SO I CAN FILE A DISPUTE. POOR CUSTOMER SERVICE. REPLY ARE LIKE AFTER 24 HRS.

SIGNAL QUALITY: Recevied 5 signals a week ago and all 5 trades are opened. WASTE OF TIME AND MONEY.

No Refund provided nor the services are provided.

thank you very much for great service and good signals.
after installation through the support EA works fine now.

Those who Victim of 35pip.com and not refunded. Kindly file complain to website: ic3.gov

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I did it, now it’s your turn.

35pip are one of the biggest scams on the internet
They only take your money once they have it you never hear from them again and they dont respond to your emails
They just submit fake reviews
The only emails you get from them is a special discount to join there service even if you are a member

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Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

PipsAlert.com Review Visit site

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Consumer Reviews

Service use: Live

Length of use: 0-3 Months

I have been through many courses online and signal providers and most of them seem to be hog wash. However when I discovered this website I was very impressed. The course they provide is over 2 hours and is completely free and they even give you reasons not to invest in their company which moves me on to my next point.

They are completely honest. They admit that they are only human and they are wrong sometimes and you are not going to win every trade.

I do not recommend this signal service for many reasons.
I have been with them now for 2 months.
I started with investor x , which performed good in the beginning.
Then I upgraded to Midas bundle. Which include all their signals.
Then I started to see the problems.
Which I will list as detailed as I can.

1) first problem , is how they manage the profit and loss , they do it in a way that has a big risk of ruin ,
If you traded with them for a while , you will notice , as soon as the trade enters profit , they will send a mail recommending to close half the trade , and set the stop loss to brake even.
Now , that alone is a good strategy , if the same is mirrored when it comes to loss.

But , when it comes to loss , they don’t recommend to you to start closing part of the trade.

As a matter of fact , they do a big mistake when it comes to losses , they repeatedly send mails recommending to shift the stop loss a bit further , then a bit further.

I am not very experienced , but to my knowledge , that is a big mistake , shifting the losses further and further , expecting the market to go as you plan.

There was this one trade , when they asked to shift the stop loss three times , and at the third time , it still was stopped out.

So , they close partial trades when it comes to profit , but let the losses run full trade , even extending them , this system is a guaranteed loss overall.

2) second problem I saw , they sometimes hedge against each other , you will see this if you are subscribed to all the signals.
You won’t see it if you are subscribed to only one of them.
Sometimes I receive a signal buy an asset and another signal sell the same asset. And the ranges are not different , it’s not targeting different time frames.

3) during news releases , They always perform poorly. And they take more trades , they don’t avoid it.

4) the pip count on their website is not correct , it’s true that they sometimes fix when someone complains , or blame it on system , but that should not be the case , they should show an honest count , specially when they advertise honesty so much.

5) they tell you , use our signals as tools.
And they even have a video , why not to use our signals.
Which I think is just marketing.

If they really wanted to use the system as tools , they wouldn’t send step by step instructions to each trade , and they would not for example advertise hard when they have a big win.
This plays on the emotions of traders , if you wanted your signals to be used just as tools.
It needs to be done differently , just announce the signal , and let each trader manage it his own way according to his or her system.

6) subscribing to anything beyond investor x and venture x , maybe jaguar for gold is a waste of money.
Because the rest , just send you the same assets all over again with different entries , or they hedge against each other.

On many many occasions , you can get 4 different signals , all to buy gold for example , all at different entries , why would you quadruple the risk on one asset , and if you won’t , then why pay extra money for this ?

Bottom line , I do not think pips alert is a bad company , and I was actually excited about their service. But my advice , if you use this company , be sure to use your own management system , do not listen to closing part of the trade in profit but letting your losses run , and do not trade with them during strong news events , and just limit it to one , investor x or venture x. And that should be not so bad.

It has the potential of being a good signal source , but it needs a lot of managemt from the trader.

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