#

KaiZen FX review

1 Dec 2022

General information

KaiZen Fx is a Forex signal provider, which promises 87% win rate and 3,500 pips per month. It provides both free and paid services. The provider does not have a website, nor does it have a Facebook or Instagram account. Let's take a closer look at the details.

Social network

The provider has a Tradingview profile with 100 people subscribed to it. The last post was published on August 16, 2021. You can see that the provider hasn't visited his profile for a long time.  

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

Telegram

The main source of signals is the telegram channel. It has 6,336 subscribers. The average number of views is 765. The engagement of the audience is on a fairly low level and is equal to 12.05%.

If you look at the number of subscribers since the beginning of this 2022 year, the provider has lost about -33% of its subscribers, from 9,462 to 6,336.

It is worth noting that the providers' public channel is dead. The last post was on March 25, 2022. If you look at the admin profile, this is confirmed immediately. 

Signals

Let's analyze one of the latest signals from the provider's telegram channel. The signal was on January 12, 2022 to sell the asset gold at 1817. Stop loss at 1824 and take profit at 1810. The risk/profit on this trade is 1.

After opening the trade the price immediately went against the forecast and the trade closed with a loss. The provider did not inform about it.

Reviews

I did not notice any reviews on third-party Internet sites on this provider. There are a lot of one-type reviews on Telegram channel from a year ago. There are no negative or neutral reviews. All of them with gratitude about the success of the signals. Of course, such reviews in telegram channel posts raise doubts.

   

Conclusion

The provider KaiZen Fx has a small number of subscribers in the Telegram channel, and the degree of audience engagement is also quite low. This suggests the likelihood of fake subscribers. The provider does not run social networks. And the quality of forecasts, to put it mildly, leaves much to be desired. KaiZen Fx does not provide verified results, except for screenshots from the VIP group.


With screenshots alone, it's pretty hard to verify their trading results. However, any provider would very easily avoid this situation if they provided their myfxbook profile. Most of the signals and results are from the VIP channel, which again you have to buy a subscription to see the real results.