Forexero Reviews 

534
TrustScore 4 out of 5

3.9

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Rated 5 out of 5 stars

This is more profitable than copytrading. I have been burnt before with that as things often don't work our with the traders and if you adjust your risk to move favorable positions you'll likely end u... See more

Rated 5 out of 5 stars

The mental toll analysing trading puts on you is far greater than entering one. Therefore, I needed a solution that takes the weight on market analysis off from me and this is why I am a long time m... See more

Rated 5 out of 5 stars

Forexero's signal copier makes life so much easier - I don't have to manually place every trade. The automated setup works smoothly with MT4, and I feel more confident executing trades based on their... See more

Company replied

Rated 1 out of 5 stars

First day with them, and horrible experience. After taking premium membership, out of 5 trades majority went on terrible loss. It seems they are sharing 5 signals at one shot like gambling. I still wo... See more

Company replied

Company details

  1. #159 of 169 best companies in Non-bank financial service
  2. #74 of 76 best companies in Education Centre
  3. #1 of 1 best companies in Foreign Trade Consultant

About Forexero

Written by the company

forexero
forexero

Better future start now

Our Vision

We aim to be a global leader in forex trading and investments. With a strong focus on innovation and technology, we put our members at the heart of everything we do. This enables us to empower informed, decisive, adventurous traders to access trading opportunities with our powerful forex signals.

Innovative Forex Signals

Founded in 2016, Forexero supports 10,000+ traders worldwide with powerful and user-friendly forex signals, trading tools, and world-class support. Our trading signals are built with our in-depth knowledge and expertise in the financial markets and proven strategies that yield consistent great results.

Powerful technology

Use the platform that makes your trading experience better in so many ways, communicate and learn from our analysts, and copy automatically our signals. No matter if you're a beginner or professional trader, Forexero has got you covered.

Extensive Learning

Our comprehensive trading guide, informative videos, and in-depth Trading Academy bring powerful insights to your trading knowledge. With our free, unlimited trading material, you can practice your trading strategy.

Signals Copier

Forexero Copier is an advanced software designed to automate the process of copying trading signals from a Telegram channels to a trader’s own trading platform. Forexero automation eliminates the need for manual execution and allows you to trade effortlessly
Join Forexero Now!

Contact info

3.9

Great

TrustScore 4 out of 5

534 reviews

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3.9

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(534)

57 reviews in the last 12 months

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Rated 5 out of 5 stars

Great signals

Great signals, doubled my initial opening deposit within a few days and made back the first month payment from the first signal i received. Don't be greedy and watch your trades, haven't had a bad trade yet.

1 November 2024
Unprompted review
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Reply from Forexero

Dear Member,

Congratulations on doubling your deposit and making back your first month's payment so quickly. We’re thrilled to hear that you’re seeing such great results with our signals. Your approach of staying disciplined and not getting greedy is spot on. We’re here to support you every step of the way!

Best regards,
Forexero Team

Rated 1 out of 5 stars

Waste of time and Money with them

When i see many Possitive Review I invest with FOREXERO through Website, but if we start with small amount they would transfer our account with another broker which is name of BULLWAVES, Bullwaves do the good services until make sure we invest amount and 1st 2 days they gives me signal , each day maximum 1 time signal, after 2 days no more assistance or signals, i just follow FOREXERO Vip Group in the Telegram, but they also same sinario just one time they give any signal a day, i follow one currency signal Which is goes totally wrong direction and its almost Dry or washed out my balance and some trade was closed with negative, there is no one's do Check our account status or no one's assist us if we are at risk of account and any Trade should close or open, totally waste of money and Time with them, once i lost all the money they started to call me. Might asking for deposit more money and i wouldn't Gonna Entertain them anymore, our hardly money is for them just like Pocket money, nobody cares our losses,
As i noticed Bullvawes web account doesn't have any withdrawal options or request and i read many negative reviews about Withdrawal issues with them,

Who WANTED TO WASTE OF YOUR HARD EARNED MONEY , please feels to welcome with FOREXERO.

This is just recently happened and my personal experience
Now i end with FOREXERO and BULLVAWES,

15 October 2024
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Reply from Forexero

Dear Mohammed,

Thank you for taking the time to share your experience. We’re sorry to hear that you’ve faced challenges with your investment journey.

We want to clarify that we do not work with "Bullwaves" and have no affiliation with them. We have never received any inquiries or messages from you, and we encourage all our members to reach out for support whenever needed. Our team is committed to providing assistance at any time to ensure our members feel supported throughout their trading experience.

After achieving consecutive winning trades, it's important for you to recognize that a losing trade is inevitable. If one losing trade can wipe out the profits from your previous trades, it’s a sign that you may need to reassess your trading strategy . This experience can be an opportunity for you to grow and improve.

If a single loss significantly impacts your account, it may hinder your journey to becoming a successful trader as you trade without risk management, Without proper money management, achieving success in this field becomes difficult. Keep this in mind.

We take your feedback seriously and would like to understand more about your situation. Please feel free to contact us directly so we can address your concerns and help resolve any issues you may be facing.

Thank you for your understanding.

Best regards,
Forexero Team

Rated 1 out of 5 stars

They trade EURUSD

They trade EURUSD, GBPUSD, AUDUSD, NZDUSD, mostly. Every time all above USD pairs signal direction will be same. Which means we are putting all of our risk /money in USD (in one direction). That is very poor management of our money. And if USD goes into opposite direction of signal , thats it. You are in a huge loss.
My account came down 20% in one month by using this service.

23 October 2024
Unprompted review
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Reply from Forexero

Dear Nabeel,

Thank you for sharing your feedback. We genuinely value all input from our clients, as it helps us improve our services.

I understand your concerns regarding risk management and the signals provided. Our trading signals are indeed designed to be transparent and effective, and they are published on our website for you to review. It’s important to note that while we provide these signals, the ultimate responsibility for managing your trades and risk lies with you.

We encourage all clients to consider diversification in their trading strategies, particularly when trading correlated pairs like those involving USD. A balanced approach can help mitigate risks and protect your capital.

If you have further questions or need guidance on how to optimize your trading strategy, please don’t hesitate to reach out. We’re here to help you succeed.

Best regards,
Forexero Team

Rated 1 out of 5 stars

small profits Big Losses

small profits Big Losses. If you win 4 trades and lose 1 trade, you are done. Their SL is 60-70 pips and TP is only 20 pips.
If you open 3 trades to reach TP3 and it hits SL then you will lose almost 200 pips. They show it as only 60 pips SL for 1 trade.

17 April 2024
Unprompted review
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Reply from Forexero

Dear Muzzaffar,

Thank you for sharing your feedback. We appreciate your concerns and want to clarify a few points. Our strategy is designed to open only one trade for each signal, as clearly stated in our results. We emphasize that our profit and loss reporting is based on a single trade to provide a transparent view of our performance.

We understand that trading involves risks, and while we aim for consistent wins, we also encourage traders to manage their risk effectively. The stop-loss (SL) and take-profit (TP) levels are set based on our analysis, and we strive to provide clear guidance on our trading approach.

If you have any further questions or need assistance, please feel free to reach out. Your feedback helps us improve, and we value your input.

Best regards,
Forexero Team

Rated 2 out of 5 stars

Mediocre

They trade EURUSD, GBPUSD, AUDUSD, NZDUSD, XAUUSD. Sigals come once a day. 3 TP - 20, 35 and 50 pips, one SL of 60 pips (which is actually 180 pips as you need to trade 3 lots for the 3 TP). They dont move to break even. So even if you get to tp1 and win 20p then you can still lose 2x60p. No diversification as these pairs are correlated. Much wider TP and SL for the gold. Quite often a better entry point is reached after the signals and also oftentimes the trades go in the negative for a day or 2 and reaching SL or TP3 might take a week. My opinion is that they want way too much money for their mediocre service. One good day is followed by a bad or dead week. My recomendation to them - more pairs, better entries, tighter SL which is smaller or equal to just one TP and at least 100 pips a day. For the moment I do not recommend joining their service.

1 September 2024
Unprompted review
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Reply from Forexero

Dear Nik,

Thank you for sharing your feedback with us. We appreciate your detailed observations about our trading signals service.

We understand your concerns regarding the trading strategy we employ, including the selection of currency pairs and gold, as well as the frequency and nature of our signals. Your points about the size of take profits (TP) and stop-loss (SL), correlation between currency pairs, and the potential for improved entry points are duly noted.

At Forexero, we continuously strive to enhance our service based on constructive feedback such as yours. We are committed to evaluating ways to broaden our currency pair offerings, optimize entry timings, and refine our risk management approach to potentially improve outcomes for our subscribers.

Please be assured that we take your feedback seriously and will use it to inform our ongoing efforts to deliver a more robust and effective trading service.

Best regards,
Forexero Team

Rated 4 out of 5 stars

Hello good day I can't write to you…

Hello good day I can't write to you privately, Please I want to join a VIP group

10 October 2024
Unprompted review
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Reply from Forexero

Hello!

Thank you for reaching out. We appreciate your interest in joining our VIP group! To assist you further, please provide your email address or any preferred method of contact, and we’ll send you the necessary details.

Looking forward to welcoming you!

Best regards,
Forexero Team

Rated 1 out of 5 stars

Unprofitable worst signal provider

I guess they hide the reviews or what i just tried their signals and i got loss the response is also too late from them even after texting them they don’t even reply me now since 7/8 days what kind of things they are doing i just want to know for good reviews forexero pay to people or what??

31 August 2024
Unprompted review
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Reply from Forexero

Dear Abhishek

Thank you for your feedback. We’re sorry to hear about your experience and appreciate you bringing this to our attention. We strive to improve our support and services, and would love the opportunity to delve into your concerns further. Please reach out directly so we can address this and help you find the ultimate solution.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Really a scammer

3 October 2024
Unprompted review
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Reply from Forexero

Dear Giuseppe

Thank you for your feedback. We’re sorry to hear about your experience and appreciate you bringing this to our attention. We strive to improve our support and services, and would love the opportunity to delve into your concerns further. Please reach out directly so we can address this and help you find the ultimate solution.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Forexero no response or refund

I signed up for Forexero and got access to their channel as expected. However, I sent them an e-mail on 17 Aug asking them to cancel my subscription (as per their T's and C's).
They however still collected the subscription on 10 Sept. On 14 Sept I e-mailed them again noting my cancellation and requesting a refund. No response from them.
Again on 26 Sept I sent a follow up e-mail requesting a response and to date I have not had ANY response from Forexero. Not from their info@ or support@ e-mails.
Do not trust this company. Quick to collect their subs, but ignore your e-mails.

EDIT AFTER FOREXERO RESPONSE:
Been on your website now. I see nowhere that I can log into a dashboard. Your "Resources" button does not work, nor does your "Products". I started a Live chat and was "Queue position 1" asking how I can cancel my account or access my dashboard. After 20 min, no reply. So pls go and check your mails info@ and support@ and you can reply to me if you want this resolved.

2nd Edit. To date, no response from Forexero. Original cancellation sent in Aug. It is no Nov 3rd. Not one response to my 3 e-mails sent to both their e-mail addresses.

17 August 2024
Unprompted review
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Reply from Forexero

Dear Ewald

Thank you for reaching out, and I’m sorry to hear about your experience. I want to emphasize that our team previously communicated that you can cancel your subscription at any time directly from your dashboard on our website or through your PayPal account. If you’re still facing issues, please provide your details so we can assist you further and ensure your concerns are addressed promptly. Your satisfaction is important to us.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Do not waste your time and money

Do not waste your time and money. Im glad im invest only about 200 pounds with them. After month I have 150 so 50 pounds out of account, so imagine if someone will invest loads of money. Support rarely replay.

25 September 2024
Unprompted review
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Reply from Forexero

Dear Piotr

Thank you for your feedback. We’re sorry to hear about your experience and appreciate you bringing this to our attention. We strive to improve our support and services, and would love the opportunity to delve into your concerns further. Please reach out directly so we can address this and help you find the ultimate solution.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Very poor signals

Very poor signals. It's just gambling. They have a 70% losing record. Majority of the signals are in drawdown and only 30% will hit Tp1 of 20 pips. They will hit SL of 60 pips a couple of times a week and wipe out any wins. The results page is a lie and not to be trusted. You will lose more than you will win. The customer service is shocking and they never reply to any queries. You will probably make money if you go the opposite way of the signals because they are in drawdown majority of the time.

19 September 2024
Unprompted review
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Reply from Forexero

Dear Atif,

Thank you for sharing your feedback. We're genuinely sorry to hear about your experience and appreciate your honesty. We strive to provide accurate signals and exceptional customer service, and it’s clear we fell short in your case.

We take your concerns seriously, especially regarding the signal performance and our communication. We’re actively working on improvements and would love the chance to address your specific issues. Please reach out to us, so we can assist you further.

Your input helps us grow, and we hope to regain your trust in the future.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Everyday hit 2-4 SL

Paid for service last week. Since Friday, everyday hit 2-4 SL. All those previous rates must be scam. Please avoid this scam!!!

12 September 2024
Unprompted review
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Reply from Forexero

Dear Maestro,

Thank you for your feedback. I’m truly sorry to hear about your experience with our service. We aim to provide reliable signals, and it's disappointing to learn that we haven't met your expectations.

We take your concerns seriously and would like to investigate the issues you’ve faced. Your experience is important to us, and we want to address it directly. Please reach out to us so we can assist you further.

Thank you for bringing this to our attention, and we hope to have the opportunity to improve your experience.

Best regards,
Forexero Team

Rated 3 out of 5 stars

Yeah I like it more or less but still…

Yeah I like it more or less but still need to test it a bit to make sure this is it or not.

10 September 2024
Unprompted review
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Reply from Forexero

Dear Louw,

That sounds completely reasonable! Take your time to test it out, and if you have any questions or need further assistance along the way, feel free to reach out. we are here to help whenever you need it!

Best regards,
Forexero Team

Rated 1 out of 5 stars

BADBADBAD

Bad, really bad signals, almost always wrong or out of time. Very few options, all the same and ALL WRONG. Truly a HORRENDOUS service. STAY AWAY FROM THESE FAKE GURUS.
FREE signals on telegram are much more profitable.
TERRIBLE

1 August 2024
Unprompted review
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Reply from Forexero

Dear Alessandro,

Thank you for your feedback. I’m truly sorry to hear about your experience with our service. We aim to provide reliable signals, and it's disappointing to learn that we haven't met your expectations.

We take your concerns seriously and would like to investigate the issues you’ve faced. Your experience is important to us, and we want to address it directly. Please reach out to us so we can assist you further.

Thank you for bringing this to our attention, and we hope to have the opportunity to improve your experience.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Absolutely no way

I can say with absolute certainty that this is a scam. Behind the veneer of professionalism they want to show is a way of giving money to them without them doing anything to deserve it. They give signals by setting the stop loss very far away from the entry and the take profit very close, something not to be done according to the abc of every trader in the world, we are right down to basics. So you gain very little with every trade you win and obviously lose a lot with every trade you lose, but they can boast that they have a high percentage of winning trades. That's how everybody can trade.
Don't give money to these people, rather err on the side of your head, maybe you will still lose but certainly less than giving money away.

9 September 2024
Unprompted review
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Reply from Forexero

Dear Matt,

Thank you for your feedback. I’m sorry to hear you feel this way about our service. I want to clarify that our strategy aims to balance risk and reward, which sometimes involves setting a wider stop loss to protect against market volatility.

We strive for transparency and want our clients to feel confident in our signals. Your comments about our win rate and trade management are important, and I appreciate you bringing them to our attention.

If you have specific examples or further insights, we’d love to hear them so we can improve our service. Please feel free to reach out directly.

Thank you for your input.

Best Regards,
Forexero Team

Rated 1 out of 5 stars

your scamming scumbags posting signals…

your scamming scumbags posting signals and when it hit sl you delete it off your channel don’t go with these lot are scammers 👎

6 September 2024
Unprompted review
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Reply from Forexero

Dear Client,

Thank you for reviewing our service. Unfortunately, we couldn't find your details in our system. Please contact our team for further assistance.

We want to highlight that all signals shared in our channel are promptly and transparently posted on our results page. If you notice any discrepancies, it may be due to confusion with another service.

Kind Regrads
Forexero Team

Rated 1 out of 5 stars

I signed up via their partnered broker

I signed up via their partnered broker. I then linked my account which had a balance of £500 on it to their Algo to copy the trades automatically. They lost 5% on the first trade which was an initial concern

I then woke up at 07:30am the next morning to see my account was around £190 in drawdown with 0.20 lot size trades open on XAU/USD (gold). The trades eventually blew my whole account balance to leave it with around £23.

For the past 2 weeks I have persistently been trying to get my money back which they lost after adopting extremely poor risk management. They even admitted to taking more risk on the trade but haven’t accepted any responsibility for losing my money.

Multiple screenshots for evidence and proof of this shocking service and behaviour. Would never recommend

16 August 2024
Unprompted review
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Reply from Forexero

Dear Max,

Thank you for reviewing our service. Unfortunately, we couldn't find your details in our system. Please contact our team for further assistance.

We would also like to clarify that we do not offer an ALGO system, and we would never recommend trading a 0.2 lot size on a £500 account. It’s possible you may have confused our service with another.

Kind regards,
The Forexero Team

Rated 5 out of 5 stars

the most honest, real and Most profitable forex signal provider out there.

Okay so I been customer now for maybe 2 years in total

I got to say forexero is the most honest, real and Most profitable forex signal provider out there.
They are very consistent, you have sometimes bad days but overall if ur risk management is good then U will always be in profit at the end of month/week.
I recommend taking tp1 and tp2, tp3 is not worth the risk, move your sl to BE after tp1 hit and close 70% of trade.

22 August 2024
Unprompted review

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