FXVM Review: this is the name of a vendor that claims to be providing accurate trading signals for Forex traders. Is fxvm.net a legit signal vendor or is it another scam?
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What Are Forex 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 provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.
FXVM is a signal service provider that is owned by ThinkHuge Ltd. This Forex VPS provider is one of the most popular in the market. It is from the makers of Forexsignals.com, Forexvps.net, ConnetForex and SimpleTrader.
The address of the vendor provided on the page is:
26th Floor, Beautiful Group Tower, 77 Connaught Road Central, Central, Hong Kong.
Clients are told that they can access FXVM remotely from their desktop, laptop, tablet or smartphone. It offers a user-friendly interface of easy maintenance and is online 24/7.
How FXVM Works
All trading strategies are said to be acceptable by this signal provider, which means that no EAs are left out. It offers low latency Forex VPS ensuring “fast order execution” allowing clients get their order filled in ahead of other traders. This also means that “more pips” are provided according to the page.
Safety is another aspect on the page and clients are assured that all information stays private. The service works with “MetaTrader 4, NinjaTrader, TradeStation and much more”. Signals are “collocated at different Equinix Datacenters around the world”. This will give “optimal connectivity” to improve trading results.
Pricing Structure of FXVM
On the page we found 3 plans that clients can chose from, they are:
FXVM Lite VPS – $19/month
FXVM Basic VPS – $28/month
FXVM Advanced VPS – $49/month
Each of the plans come with different degree of use and this information is accessible on the website.
On various websites like the TrustPilot and FPA, the signal service has good ratings when it comes to clients’ reviews. When we checked, we could not find a negative review about this signal provider.
The page offers a Broker Latency result that gives live latency results. It shows the speed of its connection to some of the most popular Forex brokers. This is achievable because of the execution speed we mentioned earlier.
A live chat with a customer care representative can be initiated on the page or emails can be sent to firstname.lastname@example.org
The popularity of this signal provider among clients and other traders is an advantage. FXVM also gives live results and multiple plans that are affordable. Security and safety is also assured and their customer care is impressive.
We found no negative information about this VPS provider at this time. Traders are advised to consider if the information is in their favor before buying any of the plans.