Real Forex MM review
General information
Real Forex MM provides free and paid signals. The provider has a website, as well as a Facebook and Instagram account.
Website
There is nothing on the provider's website in particular to make it stand out. You can see that the site has been neglected for a long time. The provider does reviews on forex market assets and the most recent post was on April 1, 2020. On the home page, the provider says, "Real Forex Money Management is a powerful group of forex trading analysts that provides customers with complete buy/sell trading signals." It is strange that this powerful group does not maintain its own website.
Social network
The provider has an Instagram account with 766 followers. Mostly the Instagram channel publishes already closed successful trades and results for the month, as well as ads of brokers.
https://www.instagram.com/realforexmm/
It also has a page with 2,846 followers on facebook.
https://www.facebook.com/RealForexMM/
The provider has an account on myfxbook, but it is no longer active. You can see from the chart that trading was good in the beginning, but then something went wrong and the provider withdrew funds.
Real Forex MM sells a robot on the broker's website, which he actively advertises. It is doubtful that on myfxbook it could not show good capital growth without any dramatic spikes, but on the broker's website the provider has impressive results. The broker himself rates the provider's robot at 6. The risk is the highest, 6 out of 6.
https://www.octafx.com/copy-trade/master/19427203/
Telegram
The main source of signals is the telegram channel. It has 22,333 subscribers. The average number of views is 2,425. The involvement of the audience is on a fairly low level and it is equal to 10.85%.
If you look at the number of subscribers since the beginning of this 2022 year, you can see that it has risen and fallen drastically several times during that time. This suggests that the provider has fake subscribers on his channel.
Signals
Let's analyze one of the latest signals from the provider's telegram channel. The signal was to buy the asset USDCAD at the price of 1.2900. Stop loss at 1.28650 and take profit at 1.29700. The risk/profit on this trade is 2, as reported by the provider itself.
After opening the trade the price fluctuated for some time, but then went down and the trade was closed at a loss. The provider did not notify about it.
Another example. The signal was to sell the asset USDJPY at 136.630. Stop loss was at 137.130. Take profit was at 135.63. Risk to profit ratio was pretty good. After opening the trade the price immediately followed the prediction, but the price turned around and went against. The trade closed with a loss.
Reviews
I have not noticed any reviews on third-party Internet platforms on this provider. There are many similar reviews on the channel's telegram. There are no negative or neutral reviews, however. All of them with gratitude about the success of the signals. Of course, such reviews in telegram channel posts raise doubts.
Conclusion
Provider Real Forex MM has a large number of subscribers to the Telegram channel, but the level of audience engagement is quite low. This suggests the possibility of fake subscribers. Provider actively uses social media to tell about its profitable trades, but the quality of forecasts, to put it mildly, leaves much to be desired. And as usual, presenting a history of results, as well as screenshots will not prove that the results are verified. Most of the signals and results from the VIP channel, which again you have to buy a subscription to see the real results.
I wonder why the provider no longer keeps records of their trades on myfxbook?
