General information

Let's take a look at FxTakeover signal provider. The provider is based only on Telegram. The provider offers paid signal services. The provider does not have a website, it has an Instagram account. Let's take a closer look at the provider.

Social network

The provider has an Instagram account with 1,965 followers. The main channel publishes educational posts about trading. The provider is not active here. The last post was two years ago.

https://www.instagram.com/fxtakeover/?hl=en

Telegram

The main source of signals is the telegram channel. It has only 573 subscribers. The average number of views is 239. The audience engagement is on a good level and is equal to 41.71%.

If you look at the number of subscribers growth, you will see that it has been falling since September 2021. The number of subscribers dropped from 870 to 530, i.e. the loss of the audience is -30%.    

Signals

Let's take a look at one of the last signals from the telegram provider channel was May 9, 2022. The signal was to buy gold at 1866. Stop loss at 1861 and take profit at 1871, the second at 1876. The risk/profit ratio on this trade was 2. 

After opening the trade the price immediately went down and the trade closed with a profit of +50 points. This was informed by the provider himself.

Another example is May 16, 2022. The signal was again to sell gold at 1808. Stop loss at 1813. And take profit at the level of 1803. The ratio of risk to profit is quite good. After opening the trade the price immediately went against the prediction and the trade closed with a loss.

Reviews

There are no reviews on large third-party platforms about this signal provider, including in the provider's telegram channel itself.

Conclusion

FxTakeover is a completely anonymous provider. No social networks or website to find out information about the provider. On public telegram channel there are only screenshots of successful trades from VIP group. Of course, it is impossible to believe these screenshots of results in VIP group. You have to buy a subscription to see real results that every trader deserves to know before they use the provider's services.  The provider doesn't have a myfxbook profile, which is important in this industry.

It is worth mentioning that the last signal on the public was long time ago. And the last post was in August. This may indicate that the channel will no longer function.