V12 Trading claims to offer the best trading signals that can earn you up to 2000 pips on a monthly basis. The company has 10,108 monthly active members and 696 VIP members. So far, it has helped users to earn 18,971 pips this year alone. The people providing this service say that they are experts in Forex currency trading with 8+ years of experience. They have committed themselves to doing all the hard work as you only need to copy and paste their signals on your MT4 account.
These are the features the service offers:
- Forex trading signals are delivered in real-time directly to your phone using the Telegram app.
- For average results, it is recommended you start with a minimum of €250.
- If you get a signal with TP1, TP2, and TP3, you are advised to divide the lot size by 3 and open 3 positions.
- The devs offer customer support via their Telegram channel.
Trading strategies and currency pairs
The strategy the professionals use to generate signals is known as pip locking. It basically entails moving SL as the trade progresses. When TP1 is reached, the SL is moved so as to break-even (entry price). Apparently, this strategy ensures you exit the market as a winner if the market reaches TP1 and retraces back to the entry point. Some trades may go past the TP1, so you earn more profits. It is also possible to exit a trade without any issues if you choose.
We have no clue regarding the kind of currency pairs the company trades with because this info is unavailable on its official website.
The backtest results are not shared either. The professionals reiterate that past performance is not indicative of future results. At least this shows us where they stand when it comes to testing signals on historical data. They simply don’t believe this test is worthwhile.
V12 Trading trading statistics
Third-party verified result statements are conspicuously missing. We searched for this data on Myfxbook, but to no avail. The vendor needs to provide tangible evidence for the trading community to confirm that they can earn thousands of pips while using the signals as purported. Failure to do so may raise suspicion as to the efficiency of the service.
Pricing and refund
V12 Trading is relatively pricey. A monthly package currently goes for €49, while a quarterly one is €119. The yearly plan is much more expensive at €349, money that you can use to buy at least 2 EAs. Once you subscribe to any of the plans, you can obtain access to the VIP Telegram, receive 4-12 signals daily, and supposedly earn +2000 monthly. An 80% success rate is promised as well. Notably, you can join the vendor’s special Telegram channel to receive free trading signals.
What else you should know about V12 Trading
The vendor generally has a good reputation among users. For now, it has a 4.0 rating based on 39 reviews. As such, their free and paid signals are claimed to produce good profits. It is important to note that a few negative reviews are present too. We found a trader who accuses the company of being a scam. He says he almost lost 10% of his investment using a classic lost size to risk 1% on each trade.