Forex FundsForex Robots

FX Premiere Review: Is It a Reliable Service?

0
FX Premiere

FX Premiere trading robot trades on multiple currency pairs and provides numerous subscription options for traders. The company claims to have over 15000 members and outstanding performance for its executions. They use technical analysis for trading. Investors can also choose to follow gold signals available with a separate package. To see if the trades are profitable and to determine all the benefits and demerits, we will review the product in our review.

The robot has the following features:

  • It comes with 24/7 support
  • The system comes with multiple subscription options
  • If offers 75% winning rate on trades
  • The robot promises an average monthly profit of 35%
  • It is available with an Android application

How It works

The service will work if you follow the steps below:

  1. Purchase one of the subscription packages from the website
  2. The developer will add you to one of the Telegram channels for premium customers
  3. Follow the trades as they are made available

Trading strategies and currency pairs

The developer states that they trade on  EUR/USD, USD/JPY, EUR/GBP, GBP/USD, AUD/USD, USD/CHF, NZD/USD, and USD/CAD. They use moving averages, Bollinger bands, support/resistance levels, and Fibonacci retracements techniques for analysis purposes. From one of the images on the website, we can see that they trade on the higher time frames for swinging positions. There are multiple MAs and trend lines on the chart.

Trading history

Trading history

There are no backtesting records available from the provider. We have searched the whole website to see the performance of the service on historical data but could not find any.

FX Premiere trading statistics

There are no verified trading records present on the website. After searching Myfxbook and FXBlue to see any statistics, we were left in vain as there are no records there as well.

Pricing and refund

There is a free Telegram channel that traders can use to take a trial. It only includes a few traders and comes with limited support from the developer. The premium service comes with chart work and detailed technical analysis. There are exact stop loss and take profit for each trade along with push notifications from the android application. The developer does not list the pricing for the VIP model.

What else should you know about FX Premiere?

Customer reviews on Forex Peace Army give the company a total rating of 1.013 for 11 reviews. A trader says he has been trading the markets for 15 years and that investors will only be profitable if they do the opposite of what the signal provider is saying. FX Premiere is only guessing on trades and is not using the proper approach.

Customer review on FPA

Customer review on FPA

Another customer says that the company is giving free access to the VIP group if they leave a 5-star rating on the review forums. They are not ready to take any responsibility for investors’ losses while trading. Traders will only lose money if they join them.

Customer review on FPA

Customer review on FPA

One trader says that he lost all of their money while trading with them for one week. He thought that the signals would help him, but all executions were bad. The good reviews on the forum are fake and can not be trusted.

Customer review on FPA

Customer review on FPA

FX Premiere Conclusion

3.3

FX Premiere is not transparent on their live records. We could not find information on the developer and their whereabouts. Moreover, the reviews present on the Forex Peace Army are not good enough. The company has been giving its premium services and indicators for free if traders leave positive feedback.

  • Price 3/10
  • Strategy 3/10
  • Trading results 2/10
  • Vendor transparency 3/10
  • Customer reviews 4/10
  • Support 5/10

    Global Stocks Post Steep Inflows on Improved Risk Appetite

    Previous article

    ETFs Natural Gas: Top 3 to Invest in 2022

    Next article

    You may also like

    Comments

    Leave a reply

    Your email address will not be published. Required fields are marked *

    More in Forex Funds