Xo Signals Review: Is XoSignals Scam?

Xo Signals is a trading signals service operating from Irish Town GX11 1AA, Gibraltar and providing both free and premium trade alerts.

Their free signal service is however very difficult to use. You need some sort of notification to place trades in real-time.

On the other hand, XO Signals charges $29 per month for the premium signals service.

Other than Forex signals, XoSignals also offers trading in Cryptocurrencies, Commodities and CFDs respectively.

With regards to ownership details, we’re told Xo Signals is run by a “team of mathematicians and big data specialists.”

This information is quite vague as it does not provide the community with insights about their location, trading experience and real identity.

I always want to deal with signal providers that are transparent.

Our recommended signals vendor can be found on this page.

Check them out and see how they do things differently from Xo Signals or any other service that you’ve ever encountered.

Is XoSignals legit?

The service was registered in 2017 and also claims to have 300,000 users.

It is not likely that this is the case since Xo Signals only receives a couple of visitors per day (according to Alexa traffic ranking website).

The signals they want to give us can be received both in mobile and desktop platforms respectively.

Updates on the fundamentals of the markets are also periodically dispatched throughout the week.

And they claim that their users have won over 20,000 pips.

What is not clear is the duration in which trading was done and pips realized.

Furthermore, these pip numbers cannot be verified. It is more of a marketing tactic than something we can consider viable.

Should you trade with Xo Signals?

I don’t think this service is worthwhile because they over promise but do very little in the way of proving that trading performance is up to par.

The only thing I like about them is the app which provides signals feed, updates and live chatting.

That’s just how far it can go. And the “testimonials” on the Xosignals website can be deceiving as these were done by the website’s admin.

Conclusion

Xo Signals is a bogus signals provider. If you want to trade profitably, you should look for a serious signals provider.

This vendor does not verify his trades but tends to rely heavily on marketing.

Therefore, it means they can’t compete with signal providers who know what they’re doing.

Thanks for reading the Xosignals review. I can’t recommend the service at this time.