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GREEN PIPS FINDER review
General information
Today we are going to discuss about GREEN PIPS FINDER a forex signal provider. The provider is based on Telegram only. The provider provides services of paid and free signals. The provider has no website, including social networks. Let's take a closer look at the provider.
Telegram
The main source of signals from the provider is the telegram channel. It has 1,478 subscribers. The average number of views is 209. The audience engagement is low and it equals 14.16%.
The provider has lost -13% of the audience since the beginning of this 2022. This suggests that the provider may have fake subscribers in the telegram channel. Let's look at the price of the VIP group. The provider is asking $65 for a lifetime subscription. There are two VIP groups, an intraday trading group and a swing trading group. He promises from 800 to 1000 pips with exorbitant 90-96% winrate, which is very questionable.
The channel description says:
- "We provide high accuracy of trading.
- Free daily signals
- Trade Ideas
- Daily Market Analysis 24 Hour Support".
Signals
Let's analyze one of the last signals from the provider's telegram channel. The signal was to sell the asset EURAUD on August 31 at 9:21. The entry price was 1.4546. Stop loss at 1.46900 and take profit at 1.4300. The risk/profit on this trade is more than 2.
After opening the trade, the price immediately went up and reached the stop loss. The deal closed at a loss. This is informed by the provider himself.
Another example. The signal was to sell AUDJPY on August 31 at 12:19 at 95.220. Stop loss was at 96,000. And take profit was at 93.000. Ratio of risk to profit is quite good and equals 2.5. After the trade opening the price has been fluctuating for some time, but then it went upwards and hit stop loss. The provider did not notify anything about it.
Reviews
I did not notice any reviews on third-party websites on this provider. There are the same type of reviews on the channel's telegram. The last reviews were on the channel on September 18, 2021. There are no negative or neutral reviews of any kind. All of them with thanks about the success of the signals. Of course, such reviews in posts on the telegram channel are doubtful.
There is a 32-minute video from a client on Youtube about GREEN PIPS FINDER. This video openly says that it is a complete scam and the signals in the VIP group are not accurate. The clients lose money. Provider can easily scam and not give the money back to the clients. And also the reviews on the provider are fake.
Conclusion
GREEN PIPS FINDER is a totally anonymous provider. In the reviews, the client accused this company of cheating with the number of successful trades. Given that the last review was almost a year ago, it raises the question, why has no one wrote or writes reviews about "90% winrate" and "1000 pips per week" returns? The provider gives points to enter a position, but distant takes that are not reached. As a rule, positions are closed manually, at a small profit or left to hit stop loss. I did not see the promised signal accuracy of 90% and a profit of 1000 points. And showing videos of the results from the VIP group, as well as screenshots does not prove that the results are verified. Can you trust your money to such a provider?