Elite Forex Trades Reviews 271

Their trades are definetely worthy. I've managed to achieve very decent profits throughout my time with them. Of course there is still room for improvement. I would suggest that you add gold signals as well, as there are many people looking exactly for such. Customer care is 10/10. Always got reply on time.

I've been using their signals for some time now and I’m very happy at the results. Their signals are accurate, and their team is super responsive. I've managed to grow my account quickly.

After lots of tries and errors I think I found my new favorite provider for signals. They are very easy to use and their team is also very easy to work with. They respond to my questions usually within an hour. Their win percentage is high enough, no matter what some people say. SL is usually 50 or 100 pips. I use my own trading strategy for their signals - if signal reach TP1, I put SL at entry point, if it reaches TP2, SL at TP1 and so on. Would recommend!!

Terrible r:r and their system is just not profitable.

Good enough signal. I like that they are very transparent. We all know in trading, you win some, you lose some. It is not sugarcoated here. You are clearly shown the data, so you can make decisions of your own as to whether or not you wish to trade a certain signal. Going good so far.

They have multiple targets and a wide stop loss. Their back data shows the maximum amount you can make, however if you trade the signals directly as they are, you will be losing a lot of money.

They send out about 4 signals a day, my advice would be to only take a few of these that you believe are going to profitable, adjust the stop loss and only have one target.

The problem with this is that you have idea what logic they’ve used to take these trades, they don’t provide any reasoning.

You’re honestly just better doing your own trading. I’ve back tested almost 60 signal providers so far and these get grouped in with the many, many unprofitable ones.

Some very questionable good reviews on here too.

Great experience with these guys always replying to any questions that I have and the signals are on point with the right take profits and stop loss

Elite Forex Trades is good. And they know exactly what they do. They only trade forex, nothing else. If you have stable capital, you can do great side money. Most trades are sent during London/New York sessions. I am based in Europe so I catch all them most days.

The statistics they post do match the real outcome of their trades.

I wasn't very optimistic at the beginning as I've seen many fraudulent practices executed by similar traders and signal providers. However due to the low fee of 40 bucks per month, I decided to give them a try.

Worth every dollar, it's even a steal. Team doesn't overtrade, which clearly shows they know what they are doing. Their profitability is good enough, more than 70% I can say for sure.

Just for a reference, I started trading their signals with 3k initial capital, risking no more than 3-5% of my margin for each trade. My take profit is always set at 100 pips from my entry, stop loss usually at 50 pips. Sometimes I move stop loss at entry when the trade hits 20 pips or more in profit and re enter occasionally if it hits the stop loss.

Cheers, Freddy

Their signals have exceeded my expectations. Team is also very helpful and responsive. Its very easy to follow the signals but its important to manage your risk because they often post up to 5 signals per day, so you need enough free margin

Beautifully organized. You have 2 groups - 1 completely free and 1 paid. In the free group they post signals every day and share their results at the end of each week. In the paid group they post signals and recommendations. What I like is that I don't get 100s of useless texts each day from their group - they are pretty much straight to the point, no spamming. Its very easy to reach their support team 90% of the time.

I joined a while ago and I can confirm that their team is legit and transparent. The statistics they post on the free channel are indeed real. Staff is very helpful as well. Thank you!

Edit: I missed the email for more information. They recommend taking 50% at TP1 then 25% at TP2 and 3. It's impossible to know exactly which TP it's going to hit before falling back to BE, therefore you cannot make the full profits they show in their weekly reports. They just throw out signals with an SL and TPs then basically say that you should be doing your own analysis as they aren't profitable.
Regarding their SL at breakeven, they do not count this if you set it after TP1, sometimes it will dip far below BE after TP1 and back up to TP2 where they will still count it as TP2.
They've also done another shady practice on this website where a business will try to hide a bad review with lots of fake good reviews.

They are not profitable as there signals have more risk than reward.

You take 50% of profit at 20 pips, 25% at 50 pips and another 25% at 100 pips. When a trade hits a stop loss you lose 100% at -100 pips.

When they post their previous trades they show the profit in pips gained which is accurate but they do not account for the total equity so it’s very misleading.

This is pretty much a scam, don’t trust all the Reddit comments, you will lose money with these signals.

Honestly one of the best forex groups I've been in. Their team pays special attention to everyone's questions. They really take care of customers, not just taking money. Analyses are also great, trades are posted at convenient times (at least for me in Finland) between London and New York sessions.

Highly recommended

Hey there, I want to share my honest opinion about Elite Forex Trades. I learnt about them on social media and their low starting price made me try them. Even with my small account of 800 eur, I managed to make some decent returns. I was scared at first because some of the signals would go red when I open the trades, but after some time I got used to the fact that it is impossible to always be in profits from the second you open the trade. I am thankful to their staff for suggesting me that I find a broker with raw spreads.

I've been following their free group for a while before I took the decision to join them. They indeed provide what you pay for - between 1 and 5 signals daily, with customized support. Pretty open minded team that shares both winnings and losses, which is good. Makes them trustworthy. But keep in mind that your profits may be different from their depending on your strategy. Same signals = different results. Overall I am happy, and I believe that they will achieve even greater results in the future.

Great service and customer care, they explain everything to you if you are inexperienced. Signals are easy to follow and can be entered on time. SL is usually at either 100 or 50 pips if anybody's wondering, TP is at 100 pips. Overall great value for money

Elite Forex Trades has to be the best run scam I have seen. Took me a while to realize, I'm ashamed to admit. Please be warned: do the math on their TP/SL trackrecord carefully and you will see that it is not profitable to run their strategy/trades. I'm down quite a bit... I fell for it. I knew their cheap premium channel fees were too good to be true - damn it!!! I wanted to believe it so bad. I should have know from all the fake comments on reddit and trustpilot - notice everyones names commenting on Reddit... you can tell they are fake users - pure marketing bots. Notice how none of them ever answer to redditors seeking further info. Also, their myfxbook track record is appaling - don't fall for them saying they are myfxbook verified. Verified does not mean there track record is good, just means they are on there. They get you because they are indeed transparent. They do in fact post all their stop-losses, and also post all their take-profits. But it isn't until you do the math on them that you realize they are not making a profit. Anyways, I hope this can help someone from falling for it. Gonna post this everywhere to try and help others.

I want to thank the team of elite forex trades for the effort they put into providing profitable analyses every day! I know it seems easy from my point of view but I am aware it is much more than posting some nonsense. Thank you for all the backtesting and market analyzing you do 'behind the scenes'. I've had negative weeks with you as well, but it is what it is. Never found someone who could guarantee profits 100% of the time and I doubt I would ever.

I joined just over a week ago. The signals have not been good to be honest.
Since ive joined there has been more SLs than TPs. Im down quiet a bit. 2 current trades are just about to hit SL to. Hopefully its just been a rough week. I will update this if things improve. But at this stage i wouldn’t recommend. Hopefully its a bad week as there are many good reviews here.