Platinum FX Review: this is the name of a team of professional traders that claim to be based in UK. They educate clients and send them signals. Is platinumforexsignals.com legit?
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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.
Platinum FX claims to be a Forex trading team in Southampton, UK. They provide “outstanding education for working professionals and students who are motivated and want to learn how to trade Forex”. The vendors believe that their education and signals can help traders become successful.
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.
They offer two major services: Analysis Group and Trading Course.
How Platinum FX Works
The team claim to provide “market leading forex signals”. Giving clients about 12,000 pips per year and continuous support. Like we mentioned above, their services are divided into two and we would just look at them briefly.
According to the page, when the team sees an opportunity in the market for making profit, they send signals to customers. These go as direct messages telling traders how the market is going to change in order to “maximize profits”.
They mention that it is “brand new” and begins from the “very basis”. This is useful for beginner traders who know nothing or little about Forex trades. An expert trader would be in charge of teaching these clients.
Platinum FX is said to be run by traders who are eager to help other invest and control their lives. They want to help as many escape from the 9-5 and “enjoy more”.
Platinum FX Pricing Structure
We found that a one-time payment of £299 is to be made. It is not stated if this is for both the signals and the courses as to find out more about packages, a link is provided.
Vendors are encouraged to put their prices upfront to allow traders know what they are in for. Hiding prices or requiring traders to “make contact” for them is not transparent.
We do not find much by way of feedback from clients. This is an especially discouraging thing as clients give the best appraisal of products because they have used them. The vendor would do well to encourage clients to use popular review websites like FPA and TrustPilot.
Results are also not provided on Myfxbook which is another red flag. Results or claims made on personal websites cannot be trusted anymore.
To get in touch with the vendor, clients are directed to fill an online message request form on the page.
For the most part, the website of Platinum FX is lacking in the important details. We do not find it encouraging that clients are mostly left in the dark concerning this kind of information. The vendor would do well to fix this gaps for better reviews.