SIGNALS

VFXAlert Review 2020: Should You Trust vfxalert.com Or Run?

VFXAlert Review: This is a signal service provider that does not say much on its page. It states however that it gives free signals that can work for every trader regardless of experience or lack of it.

The signal provider, vfxAlert, is created by a Russian based trader, Aleksandr Miolyuk. This service is said to be able to serve as a forecast that will enable traders make good trading decisions.

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vfxAlert is a relatively new signal provider that has been in the trading market for no more than a year.

How vfxAlert Works

Not much is found by way of working principles on vfxalert.com although it mentions how it works. We found that the software “provides a full range of analytical tool online, a convenient interface for working in the broker’s trading platform”.

Also, it is mentioned that this vendor has “direct binary signals, online charts, trend indicator, market news, and the ability to work with any broker” included in its portfolio. The binary options signals can be used online via a browser without downloading vfxAlert application.

Signals are said to help warn traders about the occurrence of certain events and then they would know what to avoid or apply. vfxAlert mentions the following capabilities as seen from the image below:

Further it is stated that the algorithm used by this service provider analyzes the market and the history of quotes. Using these to calculate the probability of price movements. Statistics are claimed to be made available for 6 working timeframes and “for options with a validity period of 1, 5, 15 minutes”.

Pricing structure for this signal provider is:

Clients Feedback

There is no clients’ feedback mentioned on the page. vfxAlert offers no trading results as well on verifiable accounts like Myfxbook.

However, online research shows that there are almost equal positive and negative reviews on this vendor. Forex Peace Army has nothing on this product as well.

vfxAlert Support

Perusing the website, there is no way provided for contacting the people running this service.

Conclusion

The idea of using a signal service free is tempting and there are some positive reviews from its clients. But there is no verifiable result for this vendor for now, making it hard to trust them with money.

Presentation of information on the website lacks a professional touch and makes it difficult to consider it a legit vendor.

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