Are you looking for the MegaFX signals Review? Are they legit? You must have heard of the MegaFX-Signals’ service while you were looking for forex signals to make money from the trading.
Stop worrying because you have come to the right place. Here we are delivering all the information you need to know about MegaFX-Signals before you join them.
MegaFx Signals has been in the market for the past two years. Within this short period, they have ranked as one of the top forex signals providers. As we tried out their services and performance, it seems like something to let the trade enthusiasts acknowledge.
Therefore, we have come up with our own constructive reviews based on personal trading experience with the MegaFX Signals.
MegaFX-Signals Review – Key Takeaways
- Product Name: MegaFX-Signals
- Website: https://megafxsignals.com/
- Free Telegram Platform: MegaFX Signals
- Overall Rank: 4.9/5
- MegaFX-Signals Legit: Oh, Yes. It is.
- Who is it For: Newbie to Expert in Forex Trading
Table of Contents
What is MegaFX Signals?
MegaFX signals is a Trading Signals Service who specializes in Forex, Indices & Commodities, stocks, & metals signals.
With a community of 68k+ global traders, MegaFX Signals provides profitable forex signals on its Telegram platform.
They have been enlightening traders with their educational content. Additionally, there is Mega Copier service and their own Expert Advisor, the Mega Trader EA.
What Does MegaFX-Signals Offer for Forex Traders?
MegaFX Free Forex Channel:
On Telegram, MegaFX has a free channel where they provide 2-3 live signals per day, and their accuracy level is claimed to be 85%. There are over 61k+ members on their Telegram channel who are receiving free value every day (Signals, Analysis, Educational Content).
Performance of the MegaFX Free Service in Forex:
To verify their claim of accuracy, we attempted to test the MegaFX service. With a capital of $1000, we followed their signals with proper risk management strategy. We managed to gain a profit of $360/USD within the first 4 weeks of October 2021.
MegaFX VIP Forex Channel:
On the VIP Telegram Channel for MegaFX, 60+ profitable signals are delivered weekly. They provide in-depth market analysis and technical analysis posts on their channel daily. Along with 8 premium signals per day, VIP members will have expert traders monitoring the market 24/7 on behalf of the traders.
Features of The VIP Channel:
In the VIP subscription, traders will get up to eight signals per day, maintaining the risk and reward ratio at 1:2 and small SLs. MegaFX also has 24/7 customer support for any queries.
MegaFX gains 2400+ profitable pips on their VIP Telegram channel. As we have come to know from other reviewers who used the MegaFX VIP channel, MegaFX Signals provides authentic market analysis and their market interpretations are nearly accurate. To keep up with their promise of “Transparent Trading,” the profit and losses are technically described regularly.
MegaFx Premium Channel has provided 51124+ pips in the year 2021, which is unrivaled. (2021).
The pricing for the VIP starts at $54/month. They also offer three-months, six-months, and 12-months subscriptions.
This subscription offers the trader’s risk-management guide, up to 8 signals per day, free ebooks, and a 24/7 query and trading support team.
We tried MegaFX’s one month subscription in December 2021. They provide premium signals 5 days a week . Giving an overview of their signals’ accuracy, in the first week of December 2021, from 6 to 10 December, we received 47 forex signals on their Telegram platform. Their accuracy rate was near 79%. And in the whole month of December, MegaFX’s pips gain was exactly 3956.
MegaFX Cons and Complaints
Some Investors Think It Is Too Expensive.
MegaFX Signals’ subscription fees are not cheap. Neither their services. If you consider the amount of accuracy and pips gained per week, you wouldn’t be too conscious of the monthly subscription fees.
Customer Support Is Only On Live Chat.
While researching many review sites, we came to know that the MegaFX support team only provides communication via live chats, website direct messages, Telegram platform, and mail.
Incomparable MegaFX Features
- Mega IC- They provide signals for global indices, commodities, major stocks, gold, and metal traders. MegaFX Signals has gained 11,53901+ pips in just 6 months in the year 2021.
- Mega EA –They have the Expert Trader, an automated bot to analyze the trade market for retail traders and find the best trading positions to enter and exit.
- MegaFX Copier- MegaFX has also launched a copier to copy signals from Telegram signal channels and execute them on the traders’ master account of MT4. If you fear missing out on profitable signals in a volatile market, the MegaFX copier would be the best solution for you.
- MegaFX Educational Materials: They have an ebook titled “Forex Mastery: Newbie to Pro” for $59.99. They also have an e-school for beginners and amateur forex trading enthusiasts.
On the web page of MegaFX, there are some testimonials given by actual traders who had experience with MegaFX. Their constructive reviews seem really beneficial for judging the authenticity of MegaFX’s performance.
MegaFX Signals has spent a very short time in the forex market. Nonetheless, they have gained widespread recognition during this period. On the public feedback pages, like Forex Peace Army and Trustpilot, MegaFX signals have been rated 4 on average.
The traders there gave constructive feedback based on their personal experiences with the MegaFX services. Although there was some negative feedback, the positive ruled over those by miles.
Mega FX-Signals Review: Final Verdict
We have tried out MegaFX’s forex signals for a month, and we want to highly recommend their service.
We tried to maintain their given risk management and used their copier to avoid losing out on the accurate signals. Thus far, we are extremely happy with the result.
Interestingly, MegaFX-signals provide their market analysis and explain them via voiceover as well as live video on their telegram channel every other day.
That is why we would suggest that traders from the range of beginners to pros try out their signals and trading services. Because this will bring nothing but prosperity.
- 45+ Premium forex signals per week
- Automated Bot, Mega EA
- Indices, commodities, gold, and metals have a high success rate.
- Provide signals in real-time via Telegram.
- 24/7 Customer Support
- MegaFX only provides live chat customer support. There is no video or audio call support for the immediate response.
- As per the traders, Mega EA has a slower return. Nonetheless, they never blow up the traders’ accounts.