Trend Signal is a service that offers a complete trading package that includes strategies, indicators, coaching, workshops, and seminars. The vendor claims that the simple yet effective strategies and training offered by the company have enabled traders to earn big profits. This firm offers assistance in trading various instruments including Forex, indices, shares, and more.
While the training courses including coaching classes and webinars look comprehensive, the actual performance proof is not provided by the vendor. We could not find a proven track record and there are no backtesting reports to show the efficacy of the system. Our initial conclusion is that this is not a reliable service.
As per the info provided by the vendor, the company has been developing indicators since 2003. The team comprises successful traders and IT professionals who have a combined experience of more than 90 years. According to the vendor the indicators aim at providing quality and simple trading approaches that result in high returns.
The signals and strategies help to provide significant info on the market trends. Some of the key team members are revealed in the About Us section with their images and their position in the company. Location information, phone number, and an email address are present on the official site. An online contact form is also present for support.
How Trend Signal works
As part of its services, the firm offers trading courses, strategies, and FX trading systems. The courses include structured training and education in trading various financial instruments including Forex, Futures, Indices, etc. Markets, strategies, psychology, trade management, and timeframes are included in the courses.
The vendor claims that the expert analysts of the firm provide the opportunity to learn their strategies via the training course. With the effective strategies provided by the vendor, traders can get clear guidance on accurate entries and exits. Since the vendor does not provide performance proof of the effectiveness of the strategies the claims look suspicious.
Timeframe, currency pairs, deposit
We could not find info on the trading recommendations by the vendor. In fact, other than marketing the webinars and training courses, the official site does not provide details of trading. The absence of relevant info raises a red flag.
Other than mentioning that the strategies are developed by its expert analysts and are very successful, the vendor does not provide details. We could not find an explanation of the different approaches the firm has used successfully. No backtests are provided which further raises our suspicion that this is not a reliable system.
Pricing and refund
We could not find info related to the packages the company provides and their price. In the ‘terms of business’ section there is mention of packages like Trend Signal Plus, Dynamic trader, and Pro Trader. There is mention of a 14-day money-back offer which is subject to certain conditions. The absence of info related to the pricing raises a red flag. This shows a lack of transparency on the part of the vendor and is another shortcoming that confirms our suspicion that this is an unreliable service.
No verified trading results are present for this service. For a service that has been in the industry since 2003, the absence of verified results is a big downside. The results of a real trading account reveal plenty of useful info that help users know about the efficacy of the strategy and the settings the vendor recommends. The absence shows that this is not a trusted company.
People say that Trend Signal is…
A scam. Here are a few of the user reviews that reveal the truth about this company.
From the above reviews, it is clear that the training courses are just a sales pitch with the product not being effective. More than one user indicates the strategies ending up in big losses. Another user points to the expensive package cost.
|Offers diverse training courses for traders||No proven track record|
|Negative user reviews|
|Lack of transparency|
Trend Signal Conclusion
From our analysis of the various aspects of Trend Signal, we find that it is not a legitimate service. The vendor does not reveal information related to the strategy used and the pricing. We could not find trading results that can prove the vendor’s claims of profitability. Without backtests and a proven track record, this service is not reliable. The negative user reviews further confirm our suspicion that this is not a trustworthy signal provider.