MaxPipFx Review Is MaxPipFx.com a Legit Forex Signal Robot

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MaxPipFx Review: Is MaxPipFx.com a Legit Forex Signal Robot?

Maxpipfx.com Forex Signals Review: The Max Pipfx is run by a group of expert market analysts who generate free forex signals. On the website, maxpipfx.com, the group claim to give these accurate signals on a daily basis. Since forex signals suggests when a trader should enter a trade on a particular currency pair, their signals are said to come at specified prices and times. They are relatively new to the market and have not been trading for very long.

One thing the creators of MaxPipFx have going is that they provide a live Myfxbook account. This means that their trading results are verifiable. They offer EURUSD signals for free and it is the first thing a trader sees on visiting the website. Published on the page is also a win percent of 79.15% out of a total trade of 398. A warning is also put up that “you only invest amounts that will not put you in financial difficulty”.

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How MaxPipFx Works

For all the information on the page, none gives anything concrete on how the signals are generated. There is only mention of “experienced professional traders”. The signals are said to be accurate to a possible 70/100 for 5-10 signals every week. These are sent from 8am to 6pm EST. MaxPipFx signals are on the following pairs: AUDUSD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, USDJPY.

Traders can either select the SMS and email notification package cost $99/month or the MT4/MT5 auto trade copier package that costs $139/month.

Client Feedback

Since no experienced trader wants to invest in a group that cannot be contacted, many negative complaints have been on the lack of back and forth communication. Reviews are also not shown on the website.

Support

There is no provision made for investors to reach the experts at MaxPipFx that are being touted on the website. It only allows for free subscription and this may be a means of getting client’s email address.

Conclusion

Traders who want to use MaxPipFx signals should consider the points for and against. In their favor, they have a Myfxbook account which is unlikely for a scam robot and auto-trading advantage. However, the lack of customer support is an issue. Absence of client reviews is also fishy and one may conclude that MaxPipFx is not a popular trading product.

MaxPipFX.com Review Visit site

September 2020: Numerous fake and highly suspicious reviews submitted for MaxPipFx.

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Consumer Reviews

How it works: They give you a bunch of 2 to 4 advices at the same time with no stop and no target. They close the winning trades and post on their website their profit. Other loosing trades are not post on the site and remain on the market till. you never know. maybe one day? And of course you have to pay the swap.

After several months they decide to change their procedure (Oct 2020), delete all registered records on their site and send advices with SL & TP with a 2/1 ratio (Loosing 2/winning 1). After one month they lost $5-6000 (Nov 2020), “happily” advices were free for this period.

Now, beginning of Nov 2020 they restart with their previous sytem. You get several weeks for free.

In my case, not following all their advices, with 0.02 lots I succeded to win what I lost, result = zero. Maybe I could have wait till EUR/USD reach again 1.22/1.24. as they do?

I really wonder how “some others” can give 5 stars still on the market with 25-50% of their deposit!

I confirm that they never reply by email, even about a technical basic SMS problem.

Maxpipfx Reviews

9 • Average

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Reviews 9

The signals are really good

The signals are really good, I just take a subscription for autotrading copier because sometimes I miss signals (I sleep or I’m at work :) Really nothing to say the traders of maxpipfx know what they do

worst customer service, Never sent signals via SMS as advertised

Not even once responded to my numerous emails. I paid for the monthly service and only got signals by emails but not by SMS. I sent atleast 10 emails and no one responded. Had to cancel the service.

i booked free signal i do not get any

i booked free signal i do not get any
you do not reply to mail
I only get mail with their made trade
only cheaters at work
I ahbe found on the internet a lot of people just negtiv about this company
Attention warning 60 70% of the contributions are
invented by the employees

Stay away from the signals you are scraping you’ll only lose in total

Great Long Term System

The post by Specimenrare below just about covered it all. I would want to verify his TP modification though.

I am guessing that the lack of Customer Support may be a language barrier as the poor english used in the website is some evidence of that. I think the author is French. (unverified)

I think the idea with this service is to understand that the realized profits will eventually exceed the drawdown of the open trades. MaxPipFX trades support and resistance (not verified). You will get an alert by email or text (text not verified). They alert you with an entry price (could be late) no TP or SL. They will send the alert to exit days weeks or months later (could be a few hours late).

I think it is better to interpret this service differently. You can have an open trade that is left open long…and get a trade in the same pair short. So you will need a sub account also…one for longs and one for shorts.

Treat this service like a flow remover. You are going to float unrealized P/L while exiting some trades with a profit during the ride. The traders that can understand what this system does and can live with the negative float can realize a greater profit, comparitivley.

Rarely, this system adjusts its float by exiting for a loss…look at that USD/JPY trade in the published results.

So just letting things ride and not worry about direction can really change the way you look at trading and treat this system like a money machine.

Probably the best signals broker in the …

Probably the best signals broker in the web, the alerts are overall good, you must just adjust the leverage depeding your capital

Paid for full year and after 5 months stop sending signal also no response what so ever from Maxpipfx.com sent at least 20 emails.

Good rentability each month

I have been using Maxpipsfx for 9 months. I have no losing trades with them. I’ll explain why.

They trade support and resistance. They send an alert to go long or short when a pair hits support or resistance. Yes, they give an entry point but they do not give an exit at the same time. They later send an alert to close a trade at their discretion. Of course, you can close a trade at any time as I typically close my trades when they hit about 35 pips as that seems to be their sweet spot. Many times it is more and sometimes less.

They simply get into a trade and stay in until it pays out. There are no stop losses. I usually make about 1,200 – 1,800 pips per month. If a trade you are in goes against you and the trend changes and they give a signal to go in the opposite direction of your current trade, you simply go to your sub-account and take an opposing position and keep the first trade in place. It will eventually get you out of each trade with a profit.

The key to success with them is proper money management. On their website, they suggest trading $1.00 per trade per $10,000 in your account. I trade 30k in my account so I always trade $3.00 per trade. I do not break the rules and I have never gotten into any trouble. Yes, you will constantly be in a drawn down but that does not matter. You are also constantly making money. It is better than sitting in front of your computer all day and constantly having to make up trades that stop you out. I do all of my trading on my phone and never have to sit in front of my computer.

This approach is not a “get rich quick” approach but a steady approach that will earn you good money each month.

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