Direct Signal Trades review

General information

The author of Direct Signal Trades is one Jamie Nicholl. The signal provider is on all social networks. It has a website and a Telegram channel which is the main source of signals. Let's take a closer look at it

Website

The main page of the provider's website states the following "Invest in yourself, your career is the engine of your wealth". What does the provider mean by career is the engine of your wealth? Although there are no training materials on the website to get any benefit that could boost your career.

Then we learn that the provider's name is Jamie Nicholls, who writes that he will help you become financially free.

He goes on to say that they offer some of the best tools, education and resources available in the Forex industry. However, if you click on sign up, the link takes you to another website that sells you courses for $500.

If you click on the results button, unfortunately you will not see any trading results. Instead of this video from two years ago encouraging the viewer to send a message. Also screenshots of testimonials from Facebook. They look very much like fake ones.

Social network

The provider has a large number of subscribers on Instagram of more than 10 thousand. Although it is not dedicated to trading, motivational quotes are posted here.

https://www.instagram.com/directforextrades/

There's nothing special on facebook either, although over 7,000 people are subscribed to it. Instagram posts are duplicated here. The posts are screenshots of the trading results. On Facebook and Instagram, the last post was published in April 2022. In both social networks, the provider is inactive.

https://www.facebook.com/directforextrades

YouTube is the same as the rest of social media. There are more than 1000 people on the provider. The last published video was 2 years ago. In short videos the provider mainly demonstrates successful closed trades. 

https://www.youtube.com/@DirectForexTrades

Telegram

The main source of provider's signals is the telegram channel. There are 2,051 people subscribed to it. The average number of views per post is 148. Involvement of the audience is at a low level and equals 7.17%.

If you look at the number of subscribers, you'll see that it's been dropping steadily since last year. From about 3000 to the current number, which is a 30% loss of audience.

Premium subscription prices are as follows. For a month $35, for 6 months respectively $120, and for a lifetime subscription $300. It should be taken into account that the services are the same. It immediately promises more than 1000 pips a week, is not cool? The provider posts daily trading results from the premium group. These results are of course not confirmed by third-party tools.

Signals

Let's break down the latest signals from the telegram channel. On October 4, the signal was to sell USDCAD at the market price of 1.36980. Stop loss at 1.37380 and take profit at 1.36780. All signals forwarded from the premium group.

 After opening the trade the price went against and the trade was closed with a loss. The provider did not comment on it.

The next signal was also for selling gold on October 5. The opening price of the trade is 1827. Stop loss at the level of 1831, and take profit at the level of 1825. 

This trade was profitable. As in the previous trade, there was no comment.

The last trade was buying GBPUSD at the market price of 1.2156. Stop loss at 1.2116 and take profit at 1.2176. As you have already noticed in all trades the risk-reward ratio is negative.

The price went immediately against the trade after the opening and reached the stop loss. The provider did not explain anything about the loss.

Reviews

There are no reviews of this provider on the main review websites like Trustpilot, including the telegram channel. There are feedbackfs from instagram that were published as stories more than 2 years ago.

Conclusion

Direct Signal Trades is constantly losing subscribers on his Telegram channel. All results are not confirmed by tools such as MyFxbook. And the quality of signals is not good because the risk-reward ratio is negative. It will be very easy to lose capital. The provider promises 1000 pips per week, but we do not see it. Why no reviews if it is true? Despite the fact that the provider has a large number of Instagarm subscribers.