Forexgdp.com Review: this is the website of a Forex signal provider claiming to be the best in the market. Is Forex GDP a legit signal vendor? Forex signals assist trading given traders clues, but not all advertised are legit. Read this review to see some important details concerning this provider.
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What Are Forex EAs, Signals or Indicators?
Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.
Traders are also provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs do more than just give signals, they carry out trading activities for traders depending on their needs and/or preset instructions.
It is totally in character for Forex EA vendor or signal providers to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Forex GDP Review
ForexGDP is a signal service run a team of alleged experienced Forex traders. Each member is said to have about 19 years’ experience serving in different capacities of the Forex market. Among these are former fund managers, Forex dealers, trading platform administrators and lots more. The website is rigged with some grammar errors that may have arisen from a lack of attention to details.
Besides the signal services, the team also offers other products that we will name in the proceeding section. It mentions that it is registered in the United States but nothing is said about the company name or identity of the team members.
How Forex GDP Works
The signal generated by the service is provided by the team of analysts. We found that the team rotates analysts such that anyone who provides a losing signal would be changed. Not much information is volunteered concerning the profile of the analysts behind the signals. They get their signals by analyzing big trades, news, jackpot, trend reversals, and so on.
It provides signals on all forex currency pairs. Three different packages are made available for clients. The free membership grants access to between 2-4 signals per month. Basic setups are provided and a target of 90 – 150 pips per month is set.
Premium membership provides 12 signals every month with a profit target of 300 – 700 pips. Trend reversals and big trades signals are granted access to. Supreme membership, which is the most expensive gives 16 to 25 signals and the profit goal is 700 – 1500 pips. These signals are all sent via email and WhatsApp.
There are also other products available for traders like free Forex course, forex education videos, forex trading course, and Binary Options course. Trading tools like numerous charts and a live economic calendar are also offered.
Forex GDP Price
Free Membership – $0
Premium Membership – $84
Supreme Membership – $447
In the section above, we have talked about how each of the packages differs from one another.
As a vital part of our reviews, we consider what people who have made use of a product or service are saying about it. We always prefer this on third-party websites rather than on the official page of the service itself. This is because sometimes, what we find could have been manipulated.
On the Forex Peace Army website, there are currently 39 reviews. Out of these, the service has a 3.79-star rating out of a possible 5 which is encouraging. But it would be unwise to ignore the negative reviews from disgruntled clients. The vendor should address these agitated traders before we can rate it high in this section.
Trading results at are provided on the page are screenshots which can be either manipulated or picked to show only their gains. ForexGDP vendors should try to upload a verified live trading account.
To get in touch with the customer care service of this vendor, traders can use the email address, email@example.com or the Skype username forexgdp.
Forex GDP lacks professionalism in the way the details on its website are provided, especially the “About Us” segment. We are not satisfied with the identity of the analysts not being revealed. There are no trading results and the presence of some negative reviews is worrisome. The pricing is also quite high and we advise traders to seek some other affordable signal vendors.
- Good Trading Results
- Positive Client Reviews
- Good Strategy
- Free Signals
- Page Lacks Professionalism
- Identity of Analysts Hidden
- Few Negative Reviews