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TJFX review

9 Jun 2023

General information

Let's take a look at a signal provider called TJFX. The provider offers free and paid VIP signals. The provider does not have a website, but it is active in social media.

Social network

Provider has an instagram account with 5508 followers. He is not active here since his last post was 2 years ago. Provider claims to be a trader and mentor, with 5 years of experience in trading.

https://www.instagram.com/itstjfx/

Provider has a lot of subscribers on YouTube. He has about 27,700 subscribers. Mostly entertaining videos are posted on this channel. There are no educational videos.  Although he removes the responsibility saying in the description that the videos are only educational.

https://www.youtube.com/@TJFXs

Telegram

The main source of signals is a telegram channel, as well as most signal providers. It has 2,437 subscribers. The average number of views is 564. The audience engagement is 23.15%.

 

Since the beginning of the year the number of channel subscribers has been slowly dropping, but in mid-March there was a sharp jump up from 2220 to 2391 which is 7% in a short period of time. In the channel description, the provider again disclaims responsibility for the channel's signals.

        

In addition to the free telegram channel provider has a VIP group. Provider promises more than 10% to capital with 80% win rate. For his services he is asking 50 pounds for a month and 250 pounds for a lifetime subscription. No verified results from vip group attached.

Signals

It's worth noting that the provider only trades gold. Let's analyze one of the last signals from the provider's telegram channel on May 1, 2023.  The signals were to buy gold at the price of 1983. Stop loss at 1981 and take profit at 1993.  The risk/profit on this trade was good. 

After the trade opening the price went down and the trade was closed in loss. But the Provider didn't report anything about it.

Another example. The signals were to buy gold at the price of 2005. The stop loss was at the level of 2003 and take profit was at 2025. After the trade was opened, the price went up against the forecast and the trade was closed at the stop loss. Further the provider writes: "The markets did not react to certain areas that I was hoping for!"

Reviews

I haven't noticed any reviews on third-party platforms on this provider. There are also no reviews on the provider's telegram channel.

Conclusion

There is no proof of the fact that provider has really 80% winrate as stated in the description of the VIP group. This is clearly the provider lures inexperienced traders.  There are also no verified trades performed by provider. What his strategy using is also not known.  Lack of reviews also raises more doubts as well as videos on YouTube channel.