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Major Profits Signals FX review
General information
Major Profits Signals FX offers signals for a fee. The provider has a website, as well as an Instagram account. Let's take a closer look at Major Profits Signals FX signal provider.
Website
The provider's website is devoted to trading education. It offers only courses and books on trading. On the home page of the site, the provider says "Learn the skills needed to trade with more confidence". Learn the skills needed to trade more confidently. Apart from courses, there's nothing here.
The provider is asking $399 for education services.
Social network
The provider has an instagram account with 41K followers. In the main channel it publishes training posts, signals are not published here.
https://www.instagram.com/majorprofitsfx/
Provider also has a profile on TradingView. There are no posts here.
https://www.tradingview.com/u/themajorfx/
Telegram
Telegram channel is the main source of signals. It has 39,313 subscribers. The average number of views is 1,048. The audience engagement is on a low level and is equal to 2.66%.
If we look at the number of subscribers since the beginning of this year 2022, we can see that it has been falling for a long time. Since the beginning of May 2022, the provider has lost -24% of its audience. This shows that the provider may have inflated its channel.
Signals
Let's take a look at one of the latest signals from the provider's telegram channel. It is worth noting that the provider does not post signals on the public channel. The last signal was redirected from the VIP group to buy GBPJPY at the price of 163.038.
As you can see above, after the trade was opened, the price fluctuated for some time, but then went down and the trade would be closed with a loss. But the provider has not notified us about that.
Reviews
There are no reviews on third-party websites on this provider. There are many of the same type of reviews on the website of the provider. Of course, as their either negative or neutral reviews do not exist. There are no reviews on the telegram channel as well.
Conclusion
Provider Major Profits Signals FX has a large number of subscribers in the telegram channel and in instagram, but the degree of audience engagement is very low. Provider actively posts results stories from the VIP group. But screenshots of trades will not prove that the results are verified. Signals and results are from VIP channel only, which again you have to buy a subscription to see the real results. And can we trust the reviews on the provider's website though?