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Green Baby Pips review

18 Jun 2023

General information

Today we will take a look at Green baby pips forex signals provider. The company publishes free signals and also offers work trade copy services. The company does not have a website. There is a telegram channel, a page in Instagram, as well as a profile on TradingView.

Social network

The provider has only 194 subscribers on his Instagram channel. At the same time there are 349 posts. There hasn't been any activity on this channel for a long time. The last post was published on November 12, 2021.

https://www.instagram.com/green.babypips/

   

Provider also has a profile on Trading View. The last post was published on March 31, 2022. But with no posts in the last two months, the provider has a good record of audience activity.  

https://www.tradingview.com/u/Babypips2018/

Telegram

The main activity takes place in the telegram channel. Let's break it down in more detail. It has 5,185 subscribers, with an average of 373 views. The average engagement of the audience in total is 7.17 percent. At the same time, the number of subscribers since 2020 has decreased by 41 percent from 8,872 to 5,185 people.  All of this speaks to a possible scam of subscribers.

 

The group has administrator contacts, but the accounts are completely anonymous. Apart from the fact that the channel is run by a "Professional Trader" there is no other information.In a fixed message, the provider offers to join their account management system and promises a yield of 20-30% per month, calculated as 240-360% per annum. Isn't that an impressive promise? 


In the same way, the company is talking about a 50% distribution of profits from transactions.   In the end the actual profit will be 10-15%? Or does the company get a profit of 40-60% per month and split in half with it? Really fantastic figures, but do they correspond to reality? 
 

In the attached message, it is written that all the signals are given with takes and stops. But at the same time, the posts themselves are only charts that generally show the trend of this or that instrument. There are no specific entry or exit targets. Is the Provider so unsure of his signals? Also, trading without stops definitely does not inspire confidence. 

Signals

Let's analyze one of the GPB/USD signals at 11:26 on March 22, 2022.  As mentioned above, there is no specific information on how to enter the position in the post. There is also no information about takes or stops. All this complicates the perception of signals. 

We analyze the approximate entry and exit points indicated on the chart in the Telegram Channel post.  

After opening the position the price really went up and already after 2 hours at 13:45 it reached the target. The trade brought a profit of +48.5 pips. Let's view another signal on the EUR/USD currency pair, given on April 12, 2022 at 14:49. 

There is also no information about a specific entry price, takes or stops. Let's analyze them based on the chart in the post. After opening the position, the growth was indeed observed, but the pair did not reach the take point given in the signal. The position was closed at the stop 5 hours after the opening. The loss amounted to -17.5 pips. However, there were no messages about the position closing in the telegram channel.

Reviews

There are not any reviews on large trading platforms about this signal provider. There are a few positive feedbacks from clients on Telegram, but the last such review was published in August 2021. No happy customers left after August 2021?

Conclusion

In general, signal provider Green Baby Pips has a fairly good performance in terms of profitability per trade. However, it makes few trades; only 91 trades were performed in half a year. The public telegram channel has not convenient layout of the signals. There are no specific numbers on the entry or exit from a position, thus significantly complicating the perception of the signals. Also, the lack of stops on most of the public signals is surprising. All this indicates the level of professionalism of this provider. I have not noticed the promised 20-30% profit per month.