Price Action Ltd is a “watch, follow and profit-together” Forex signal provider.
Before we prepared this review, we looked at things such as win rate (85%), manner in which trading signals are delivered, consistency and level of support.
Clients are promised a win rate of at least 85% for the signals which their traders call on Telegram. There is much emphasis on consistency, simplicity and saving of money, which is exactly what traders with less experience need.
The Forex signal provider also relies on heavy advertising and social proof to try getting the attention of the trading community.
If you are a trader looking to invest in Forex, you could automate your trading with these expert advisors/trading solutions as they are highly recommended for anyone wanting to start a successful career in trading.
Having said that, this Price Action ltd review will look at the various aspects of this signal service because it’s interesting to see that they have an aesthetically-cute website with subscription prices starting at only $40 per month.
Price Action Ltd is managed by up to 15 professional traders. The service has existed for a couple of years. They conduct their trading from the UK.
Price Action Ltd Forex signal provider has not introduced their team members at this stage.
Nonetheless, their identity will be disclosed to clients who actually sign up to their Telegram channel to copy the trade alerts provided by this signal vendor.
They just want traders to join their premium Telegram channel which delivers up to 8 top-quality signals everyday.
The only way to contact them would be through the live chat feature on their site. The signal provider is also offering free access to one of their Telegram channels where signals are cupped at 2 signals per day.
This is actually a good way to get a feel of what PriceActionLtd is providing.
The good news is that unlike other signal providers that force traders to pay upfront, this one basically gives everyone a chance to test the quality of their signals.
So, the question is this;
Is Price Action Ltd reliable enough? Is it worth spending time on the trial and ultimately upgrading to take advantage of the full service? We’ll take a look because we don’t believe it’s a sham like Invest Tipster.
Price Action ltd review
PriceAction Forex ltd adapts a ”watch, follow and profit-together” mentality.
They feel that the community should know that they are experts who work as a team in providing quality signals through their Telegram channels.
At the moment, PriceAction Ltd is not disclosing which specific pairs that they are frequently trading but they seem to want retail traders to sign up on their free Telegram channel where they will provide up to 2 signals per day for trading.
It’s not clear whether PriceAction Forex ltd is providing unlimited free access to the free Telegram channel. I have seen some trading operations limiting the time frame under which traders can utilize their free signals. Mostly it’s 2 weeks of free trial and if a trader wishes to continue, they must purchase one of their packages.
Trading strategy of Price Action Forex Ltd
In as much as this signal provider is not disclosing their trading strategy, they seem to understand Forex trading perfectly well, thanks to their blog updates as well as an e-book which is available for download on their official website.
Some traders may have issues with this vendor’s style of presentation but the way we look at it is that the operators of this website are probably traders who believe that a truly money-making strategy should be treated as a secret.
Since price action ltd is the name of the website, it should be assumed that the main trading approach revolves around Price action to find entry and exit signals.
Even then, the term price action is quite broad and as traders who want to take advantage of this service, we recommend a live chat session on their website so as to get a clear picture of how trading is done.
Subscription plans for the Price Action ltd signals
The free telegram channel is of course free to use. The other Telegram channel where up to 8 signals are dispatched in a day require $40 per month if a trader wishes to test the service for one month.
However, other packages cost $90 (3 months), $150 (6 months) and $199 (12 months) respectively. This is an affordable price range for a premium Forex signal service.
Keep in mind that retail traders can also take advantage of their 2 daily signal alerts which are provided free of charge on Telegram.
Moreover, I can see that the minimum recommended deposit is $200 and this is an indication that Price Action ltd is targeting new traders as opposed to established traders who have a big account balance to trade.
Price action Forex ltd has provided a bunch of client feedback from people who appear to be utilizing their trading services and are happy about the signals they receive.
They’ve opted to show the community their trading performance using Telegram screenshots in addition to short video clips from clients who feel satisfied with the quality of the signals they receive.
While FXBlue or Myfxbook is always good for purposes of providing trading performance, some vendors prefer to use their own style of presenting trading results.
We’ve actually traded a few signals from PriceAction Forex ltd (that’s the good thing). We signed up for the free Telegram channel because it costed us nothing.
We were impressed! We made profits in the first week which would have been sufficient to cover the subscription fee (assuming we had upgraded to a premium pack).
A big part of the website contains Telegram screenshots and other social proof elements in form of video testimonials (we have mentioned this above).
If you’re not sure whether the authenticity of these videos can be verified, just sign up for the free Telegram channel where you’ll receive 2 signals per day.
Price Action Forex ltd has already garnered a couple of reviews out there.
Some reviews have left good feedback. At the same time, we’ve seen agitated customers bashing Price Action Forex ltd.
The reason for the mixed opinions is that trading is a tough business. Not everybody has the patience and not everyone will like you.
People who look at trading as a get-rich-quick business tend to be disappointed when expectations meet reality.
Only those who have the discipline and are looking at trading as a long term business tend to excel when they use a service like PriceAction Forex ltd.
This is no longer the first review to be published regarding the signal service as there are many reviews out there regarding this service.
Majority of the Forex signal providers out there are not transparent, and their win rate claims are quite absurd. Price Action Ltd has decent win rate plus trading performance is good.
The only tend to rely on social proof and the free Telegram channel to allow traders test the service.
If you would like to use this service, my recommendation is that you should at least consider testing their free signals on the Telegram channel.
For those who want to make money right off the butt, we suggest purchasing one of their signal packages.
Thanks for reading PriceAction Forex ltd review.