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Hopefully I can help a few people before they decide to waste their money on this group.
So, first off, when you start with FXfundingmate you get added to their discord group. In their discord group, you will have access to learning material,
signals and their ea if you signed up for their yearly membership (highly don’t recommend)<br />
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If your goal is to learn Smart money concepts, The learning material is okay but not great. I would strongly recommend vertex trading if that is your goal to be an independent trader.<br />
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If you’re like me where you don’t have time to watch the charts all day and would like to receive daily profitable trading signals. This is where the problem comes in. I joined the FXFundingmate group as I’m sure, just like you reading this, saw them posting these amazing returns on a weekly basis. Getting between 8-15% weekly.<br />
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So let me break down how their signals work. There are 2 people that post signals on their Group, the first is Andre, He posts around 3-8 signals daily and then there is “Admin” that posts 1 trade, every now and then.<br />
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Andre does analysis on the 5min and enters on the 1min. So you can imagine these trades can move quite quickly. Now this is where the problem comes in, he manually types out the trades on discord that he took, So the trade will always come through a minute or 2 late, and you will NEVER get the same entry point as him. Even if you’re using a discord to mt4 copier.<br />
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So every Break even you see, is never actually a breakeven for everyone in the group, and every 5R trade that you see them share is probably around 1-2R for everyone else in the group.<br />
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These trades that he gives out do not have very big Stop losses and Take profits, so you can image if the trade is sent through even a minute later than when he took it, the results will be very different for you. Let alone if you take a min or 2 to manually enter the trade in on your side. And every Breakeven is actually a loss for you because, once again, you got into the trade much later than him. <br />
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Another issue is that because he is manually typing the trades out; he sometimes gets the values incorrect and then the trade won’t make sense as the tp or sl will be in the wrong place<br />
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This issue has been brought up with the admin multiple times by multiple people in the group, but they flat out ignore it. Any issues that “they” don’t feel like dealing with, just gets ignored. They can also be very rude on occasions and have full blown arguments with paying customers and they can get quite nasty. <br />
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I just feel it is extremely unprofessional as it doesn’t seem like they care about retaining paying<br />
Customers and are only trying to push for new gullible customers by showing these amazing returns every week, that you will never get once you’re in the group.<br />
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I am not here trying to bash the company, but rather trying to help you reading this not to waste your money on their services, because it really is a waste. If I can just help 1 or 2 people with this review, it will be worth it for me.<br />
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If you still feel after reading this that you want to try it out. Try one month and you will see exactly what I have written here is true. Just whatever you do, don’t sign up for a yearly membership before you see what the group is all about.<br />
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Nothing that I have claimed in this Review is untrue and I have screenshots backing all of the claims that I have made
Review date 2022-10-18 06:23:37
