PipsWin Review – Compare The Best Forex Signals Providers 2023

 

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Below you will find a review of PipsWin forex signals provider. Check more comprehensive analyses on the topic here

PipsWin is a forex signal service that claims they offer “best human touch forex signals”. The vendor points out that their team unites professionals with more than ten years of experience in the financial markets, and they promise 85% accuracy on their forex signals.

This PipsWin review will present details on their service, the performance results and the customer’s feedback to help you form your informed decision whether to use PipsWin.

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PipsWin Overview

In the “About Us” section of the PipsWin, we learn that behind this forex signal services stands a team of forex experts that have worked more than ten years in the industry.

They have been united by the idea of providing not only short forex signals to their subscribed members but a rather advisory service that will enhance their trading experience.

There is no further information on who these specialists are and where their expertise comes from. The website doesn’t also show where the company is situated. On their Facebook page, we found a phone number, and on Google, their location is set into Toronto, Canada.

PipsWin Forex Signals Service Review

PipsWin offers free and paid forex signals. The free signals are presented as Forex Trading Analysis Tool. They are provided on subscription-based and offer Sell or Buy Trading Signals in real-time.

The VIP Forex Signals by PinsWin can be accessed via email or Telegram messenger. Additionally, to Sell or Buy Trading Signals, subscribers get alerted on Entry Price/Pending and Take Price/Close Price positions.

There are four different VIP plans. They all offer signals on both Currency and Metal and promise 5-8 Quality signals per day. The VIP plans differ in their prices.

The Standard plan is for a month and costs 20 USD. The Premium plan is three months, and it costs 50 USD, while the Ultimate and the Professional plans are for six months and a year respectively and cost 90 USD and 160 USD.

Additionally to the brief signal information, the vendor claims they provide advice on the best way and time to trade and which is the best currency pair to choose. Thus they are aiming to attract the less-experienced traders predominately.

PipsWin Forex Signal Strategy

According to their website, the experts of PipsWin utilize different approaches such as supply-demand analysis, Elliot wave and price action analysis when creating their forex signals. The vendor claims that they “do all the work for the customers”, and all the subscribers need to do is Copy and Paste the information into the trading platform they use.

PipsWin Forex Signals Performance Results

We found two verified myfxbook accounts of PipsWin – PipsWin Sell and PipsWin Buy. The accounts opened in February and March 2021. Both accounts are performing positively.

However, the PipsWin Buy account has experienced several slippages throughout the period, and its performance is somewhat unstable – +13.93% overall gain and 68.86% drawdown.

The PipsWin Sell account, on the other side, is more consistent with an overall gain of 31.28% overall gain and a 4.67% drawdown.

Conclusion

PipsWin is a new company on the market, but it seems they are gaining strong momentum. Their Telegram account has nearly 50 000 members, and the feedback from customers is relatively positive. Most of them point out that the service is well suited for novice traders as it helps them with their learning process.

Pros:

► A team of specialist creates the forex signals

► Additional trading and analysis information

Cons:

► Lack of information about the vendor and its team

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