Forex Lens Forex Signals Review

Forex Lens offers various services, including managed forex account, trading signals and innovative trading room based on social and copy trading. This Forex Lens review will focus on their forex signal service, presenting details on how it works, price plans, trading strategy and performance results. We will also summarise the customer feedback.

Forex Lens Overview

Forex Lens headquarters are in Toronto, Canada. Additionally, they have a representative office in London, the UK. There is no information on where the company is established, but we have found that their domain was registered in 2014, so they have been on the market for at least six years.

As mentioned, Forex Lens offers a range of services. According to their website, behind the brand, there is a team of “experienced traders and educators”. Additionally, they claim their forex signal providers have a combined experience of 40 years.

Forex Lens Forex Signals Service Review

There are six forex signals listed on Forex Lens official website:

► Atom FX – Intraday

► Gauntlet FX -Swing

► Bravo FX – Swing

► Blade FX – Intraday

► Domino FX- Scalping/Intraday

There is no information on whether these providers are part of Forex Lens company or they are aliases. However, we learn more about their trading approach (intraday or swing), how many signals they provide (daily or weekly), and their risk management style.

Those who decide to join the service can select which trading strategy fits their trading style, and appetite for risk and the team at Forex Lens will contact them with the appropriate signal provider.

The Forex Signal service of Forex Lens is on the subscription base. It starts with 14 USD for 14 days trial. After that, if you decide to continue, it will cost you 57 USD per month. The vendor promises that you can cancel your subscription any time you wish.

All registered users receive their forex signals via Telegram group or at the Forex Lens’ Trading Room.

Forex Lens Forex Signal Providers Performance Results

On the Forex Lens official website, there is a section listed as Past Results. The purpose is to provide trading history based on their forex signals service.

However, what we see is only a few excel tables illustrating the currency pairs traded, the type of trade – buy or sell, the TP/SL and the number of pips. It is also not clear based on what signals or strategy this data is from.

There are only the titles of each section above the excel tables: Institutional trading Performance, Price Action Trading Performance and Supply and Demand Trading. Additionally, the data provided is renewed in January 2021, except for the Supply&Demand section – in March 2021.

After looking at this information, we decided to research Forex Lens and the signal providers they have listed in myfxbook, to check if we can find more details of their performance results.

We have found two of the signal providers – Domino FX and Bravo FX, but unfortunately, none of their accounts had any data. Forex Lens have two accounts with their name in myfxbook. One of them has no data, while the other one updated its statistic last in June 2020.

Forex Lens Forex Signals Customer Feedback

This vendor’s forex signals have very controversial comments posted online. We have read positive and negative feedback, praising them as the best signal providers and blaming them for stealing other’s vendors trading signals.

Conclusion

Based on our website review, we believe that Forex Lens can offer a professional forex signal service. However, similar to what our review on their managed account service showed, there is a need for more details on provided services and better transparency on their performance results.

Pros:

► Various signal providers with the different trading approach

► Telegram group

► 14 days trial period

Cons:

► Lack of details about the services and the company

► Lack of transparency on the performance results