Analysis of the telegram channel – Free Trading Signals
The Free Trading Signals channel is a project dedicated to trading on the foreign exchange market.
How the project works
We were interested in several key points:
- What is published in the channel – the direction of the channel is currency trading, and this is naturally the main part of the content. They can be divided into three categories: free signals, educational materials, and invitations to join a private channel. We didn’t find any third-party adverts for dubious channels.
- The channel’s audience is mostly beginners who have just started to learn the basics. That’s why the channel has a lot of educational materials explaining basic terms and strategies.
- The quality of the project’s work – it was important for us to understand not only how profitable the analyst’s signals are, but also how honest his statistics are. After each trading session, he summarizes and analyses the results, examines the extent to which the goals were achieved and what went wrong. All of this is accompanied by a video from the closed group, which is a definite plus, as you can see exactly how the workflow is structured there.
Unlike many similar projects, access to the private club is free, but requires compliance with a number of conditions:
- Registration with a broker;
- Top up the balance in the amount of $10 or more (any amount is acceptable, but at least $10 on the exchange);
- Confirmation of registration in person with the project manager.
After joining the club, the trader promises seven signals per day with an average throughput of over 75%. As the trader himself explains, he really cooperates with the trading platform. This is the reason for the free access to the private club, as the platform pays him up to 1% of their INCOME for attracting clients. That is why it is beneficial for the owner to have his clients make a profit and get as much profit as possible. The more income they have, the more he earns, and it seems to us that these are the most fair conditions we have seen. He proved his competence and earned his money.