Maxpipfx Forex Signals Review

Maxpipfx is a forex signal and auto trade copier provider using SMS and email system to send their alerts. This Maxpipfx review will present details about their service, monitor their performance results and summarise the customer feedback. We aim to help you make an informed and balance decision whether to use their services.

Maxpipfx Overview

Maxpipfx has a well designed official website but is very basic. There is no section explaining who is behind the company or anything about their whereabouts.

With domain checker, we found out that their website has existed since 2014, which means that the company is established around that time.

According to Maxpipfx’ Facebook page, their head office is in Virecourt, France. The only information revealed about the team behind Maxpipfx is that they are a “group of experienced professional traders specialised in providing accurate daily forex signals”.

As mentioned, the company provides two types of services – automated trade copier for MT4 and MT5 platforms and forex signals. Both services are on the subscription base payable on one, two or three months.

Maxpipfx Forex Signals Service Review

According, to their FAQ section, clients receive 5 to 10 forex signals per week between 8 am and 6 pm EST (New York) or 1 pm and 11 pm GMT. This is not too often because the vendor claims they are monitoring the market daily.

Maxpipfx sends its signals via SMS and Email alerts. These are the traditional ways of delivering. Still, perhaps the vendor should include other communication channels such as Telegram group, which is preferable as a reliable and fast way for communication with all piers.

The developers claim they are providing free forex signals so that potential clients can taste the quality of their service. However, we couldn’t find where they can sign up for this opportunity. There is no link for a subscription for any of their services.

Perhaps, the way to join their service is by connecting them through their live chat service at the right corner of the website.

The subscription plans enable clients to choose between paying monthly or in two and three months. If you choose to pay each month, that will cost you 99 USD per month, every two months – 178 USD and every three months – 237 USD. There is no other difference between these plans besides the price differences.

Maxpipfx Trading Strategy Review

There isn’t any information about what kind of trading strategy the team of Maxpipfx is using. The only information provided is that the traders working in the company monitor and analyse the market daily.

When they seize a trading opportunity, they send SMS and Email alerting their subscribers about the position to open. (Sell or Buy).

They will also send you a closing position when they decide it is an excellent time to close the trade. According to Maxpipfx, they target between 50 and 100 gain pips per trade.

Maxpipfx Performance Results

Maxpipfx is among the few trading signal providers that are transparent about the performance results from their service. They have a separate section devoted to the results, but they also have a verified myfxbook account that can be reviewed through a link from the website. The only downside is that the myfxbook account is not active anymore.

The data provided on their website dates back to August 2020. It says that they have provided 94 forex signals for this period, 68 of them winning and 27 losings. The drawdown is 6%.

The account in myfxbook was active for a year between February 2019 and February 2020. It reaches an overall gain of 27.56% for this period, but the drawdown is 41.14%.

Maxpipfx Customer Feedback

Although, according to the data on their website, Maxpipfx is still active, the customer feedback is not recent – the last comments are from 2018. Additionally, they are very controversial, testifying for both positive and negative results.

Conclusion

We appreciate the openness and transparency Maxpipfx are demonstrating through providing their trading results. However, we miss more information about the company and the people behind it. Also, we wish to see more customer feedback which will be proof that they are developing and growing as claimed.

Pros:

► Verified myfxbook results

► Updated results on the company’s website

Cons:

► No recent customer feedback

► No information about the people behind the brand