Fx Trait review
General information
The provider Fx Trait offers forex market signals. The provider has a website, social networks and a telegram channel. Let's take a closer look at the signal provider Fx Trait.
Website
There is nothing particularly noteworthy on the provider's website. Fx Trait does not provide any information about their company. On the first page the provider writes the following: "Our methods have been tested by major expert analysts and investment bankers, confirming our successful formula. With professional expertise, Fx Trait ensures that your financial present and future are on the path to success." Who are the experts? Which banks? There is no reference to them attached.
Traders can access the Fx Trait premium service by purchasing a $249 subscription. The premium subscription offers services consisting of 2-8 signals per day, with a 1:3 risk. As well as a trading course for $299. And finally a robot for $599.
On the next page they show a history of the company's results. These results are of course not confirmed, there is no proof or list from any reliable source like myfxbook. The results and success rates raise many questions and doubts.
Social network
The provider has an instagram account with over 2,875 followers. In the main channel, client feedback has been published. The entire provider's instagram almost consists of reviews.
https://www.instagram.com/fx.trait
Also have a profile on Tradingview.
Telegram
Telegram channel is the main source of signals. It has a large number of subscribers. 17,287 people. The average number of views is 2,109. And the audience engagement is at 12.18%.
The number of subscribers increased from 7,500 to 18,000 during the year, i.e. +140% growth.
Signals
Let's look at one of the last signals from the provider's telegram channel on September 22, 2022 at 15:38. The signals were to sell the asset NZDUSD at 0.5873. Stop loss at 0.5895 and take profit at 0.5807. The risk/profit at the provider is always 1 to 3 as in this trade. After opening the trade the price went down and the trade closed at the take profit.
Another example on September 22, 2022 at 18:31. The signal was to sell the asset USDJPY at 142.24. Stop loss was at 142.64. Take profit was at 141.01. Risk to profit ratio was 1:3. After opening the trade the price fluctuated for a while, then went against and closed at the stop loss level.
Reviews
I have not seen any reviews on third-party platforms on this provider. There are a lot of similar reviews in telegram channel. There are no negative or neutral reviews, of course, as their either negative or neutral. All of them with gratitude about the successfulness of the signals. Certainly, such reviews in telegram channel posts are questionable.
Conclusion
The website of the provider is very simple. Fx Trait has a large number of subscribers on the Telegram channel, but the degree of audience engagement is quite low.
Most of the signals and results from the VIP channel, which once again you need to buy a subscription to see the real results. And as usual giving a history of results as well as screenshots will not prove that the results are verified. The signal provider would very easily avoid this problem if he provided his myfxbook profile. And there isn't one.
Their so called "methods" that have been tried by some big expert analytics and investment bankers are also highly questionable. They write that they made +53% in the month of August alone. If they are so good, why so much secrecy? Why don't they provide any proof? With these amazing results, people would leave a lot of reviews on third-party websites.
