Forex Signals, Uncategorized
FX Premiere Review
In this post I will be reviewing the FX Premiere forex signal service. FX Premiere have been providing a forex signals for over 12 years so they have plenty of experience and must be doing something right to be able to provide forex signals for so long. In this FX Premiere Review, we will take a look at exactly what it can do along with some of the key features. This can then help you decide whether Fx Premiere is a copy trading solution that will fit within your individual investment goals.
What is FX Premiere?
FX Premiere is a global forex and crypto trading signal platform. It provides daily trading signals to customers via a single Telegram channel to help beginners learn more about trading online and get inspired by potential trading opportunities to consider.
Forex signals are becoming more and more popular with the improved technology of today. Fx Premiere have been updating the trades every month including the entry price, targets and final result. This allows those thinking of subscribing to verify their track record.
Forex Premiere also ensures that the traders subscribed to the service understand why entries are taken and where stop loss and take profit levels are placed. This adds transparency to the service and allows the trader to improve their own trading skills.
FX Premiere is designed for both beginner and intermediate traders. It does all the work for members by analysing the markets, keeping a close eye on the macro economic indicators, and crafting proprietary trading signals.
How does FX Premiere work?
The trading is based on in depth market analysis and their own personal algorithms. FX Premiere forex signals are live and sent daily via SMS to your mobile phone or your email. This is great as you can login to your forex trading account on the go and place the trades wherever you are. FX Premiere provide signals for almost all currency pairs so you will never be short of trading opportunities and can sign up to all or the currency pairs you require. It is a very versatile forex signal service, which can be used for scalping, day trading and swing trading.
FX Premiere sources more than 50 signals and distributes them to its members to help them become better forex traders. Its system of signals is designed to hold up under any market conditions, including trending and range bound markets. You do not need to take every trading signal that it generates. I would do my own market analysis to confirm every signal as I think it is vitally important to understand when and why a trade was taken. This can help you to learn more and become a better forex trader in the long run.
FX Premiere Results
When I am looking at any forex signal service, the first thing and most important thing that I look for is verified results showing how good or bad the trading signals have been performing. Disappointingly, they have not published any FX Premiere results, so there is no way to see how these forex signals have been performing in the current market conditions. This for me is a red flag as I would want to know the type of trading strategy that the signal service is using to see if it fits within my trading style before signing up.
FX Premiere Packages
Joining the VIP FX Premiere service, you will get to choose from three packages – Basic, Standard, and Premium, with prices starting from $37 per month for a basic membership. If you do not want to become a member, you can still participate in FX Premiere’s free Telegram Channel and receive up to 2 free trading signals per day to use at your sole discretion. On top of the three types of available accounts, FX Premiere also offers two special plans – The Ultimate Lifetime Package for $500 or the XAU/USD Gold Signals Only plan for $19.99 per month.
FX Premiere also offers educational resources in the form of blog articles and the latest news about the trading market. There is also additional support offered in the form of live data feeds like Bloomberg Terminal inhouse on its official Telegram channel. The FX Premiere blog also posts a daily summary update of its profits and how well the signals it sent performed during that day’s trading session.
Fx Premiere Summary
Overall, the FX Premiere signal service could be an option to consider for those of you who may not have the time or knowledge to trade manually by yourself. However, I personally feel that it is better to learn how to trade by spending time studying and practising. That way, you can learn about all of the different trading indicators and combine those which you like the best into your very own bespoke trading system that is catered towards your own needs.
It is very important to note that there are no guarantees of results when copying FX Premiere trading signals. Past performance is not an indication of what will happen in the future. Anything can happen in trading so it is important to make sure that you never risk more than you can afford to lose.
When choosing any forex signal service, the first things that I would look at would be if they are publishing any real verified results. Without these, we will not have any idea of how the FX Premiere signals may have performed historically speaking. This could also give you an idea of the types of trading strategies that the signals are using to see if they are suitable for your prefeed trading style.
If I was going to copy forex trades, I would make sure that I did so on a demo trading account to begin with. This would allow me to get a feel for what type of signals to expect so that I can determine if they live up to expectations. You can get a free demo trading account from most forex brokers. Once you have built some confidence and have some success, you may then consider switching over to a real live account.
Fx Premiere
$49
4.7
PROS
- All Currencies
- Any Timeframe
- Full Support
- Signal Alerts
- Any Forex Broker
- Free trial available
CONS
- No insight on trading strategy
- Unverified backtest trading results
- No integrated trading platform
