SIGNALS

Jkonfx.com Review: Is JKONFX A Scam Forex Signal Service?

JKONFX Review: this is the name of a Forex signal provider that seems to offer a trade copier from the vendor’s account. Is jkonfx.com a legit Forex signal service?

Contents

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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.

This signal service or indicator is from a vendor named Joel Kruger. We find that as of now, the signal service, JKONFX has been discontinued for personal reasons. Joel claims to have been trading the Forex market for 13 years and that is product would help traders make profit.

It is totally in character for Forex EA vendor 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.

We are not able to find out where the vendor is based but he claims to have a large Twitter following with about 21,000+ users.

How JKONFX Works

The product has 6 main components that helps it provide traders with the maximum help needed. One is the technical analysis that gives insights and trading strategy for markets on the move through daily videos. Another is the fundamental analysis which allows traders understand what factors are controlling the direction of the market.

A dashboard analysis is part of the components giving average daily range and strength of currency index. After this helps traders setup trades accurately, Bank reports takes traders into the mind of big financial institutions and how they are playing the Forex market.

There is a trader psychology aspect where the vendor educates clients on having a more positive approach and last of them is the trade journal. The journal shows results of trades from 2014 to 2018.

JKONFX Pricing Structure

(Pro-Researcher) Monthly – $30
(Pro-Trader) Monthly – $45

The first gives weekly analysis (technical and fundamental) and daily bank reports. In addition to what is offered by the first package, the second comes with trade finder dashboards, customer support, trade journal history and instant trade alerts through emails or telegram.

We find that JKONFX looks more like an educational vendor provider than a signal provider. And looking at the packages offered, it seems only Pro-Trader subscribers get signals.

Client Feedback

Clients feedbacks are missing and we find nothing on popular third-party websites like TrustPilot and FPA. We would have been more encouraged if we had seen some positive tales from clients.

Results are not provided on Myfxbook which we do not find encouraging, but the ones given on the page seems realistic. Since it could have been easily fabricated but yet shows little gain and losses we are inclined to believe them.

Support

To get in touch with the vendor, clients are directed to fill an online message request form on the page.

Conclusion

Although the signal service has been discontinued like was mentioned, we find the manner in which JKONFX presents information encouraging. Though the signals may not be its main aspect, we find that the educational part is good.

 

DO YOU KNOW!! Most Autotrading softwares, EAs or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, you can check out our recommended forex trading signals/EA and robots
Summary
Review Date
Reviewed Item
JKONFX
Author Rating
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