Today’s review will be about the Waw Forex Signals service. From the main page of the presentation, we know that it’s a 100% hands-free system, and signals are accurate and profitable.
Let’s take a look at the list of features:
- The vendor can host our terminal on their hosting. So, we don’t need VPS.
- We can copy trades from a master account to our terminal.
- The developers insist that the signals are created manually by analysts.
- We can get from 400 to 1500 pips monthly.
- The signal frequency is around 3-8 signals a week.
- The vendor said that there was an experienced team behind the service. We couldn’t find any proof of this.
- The signals are both: Long and Short-term.
- The signals are created based on technical and fundamental indicators.
- Win-rate should be up to 76%.
- The company provides 24/7 support.
From this schema, we know that we can customize risk and Lot Sizes before running a deal on our account. The system supports many platforms: MT4, MT5, cTrader, FXCM, and LMAX. The system doesn’t have any broker restrictions.
The offer includes three packages: a one-month, three-month, and half a year subscription. The one-month subscription costs $55 with (was $69). The three-month subscription costs $144 (was $179). The six-month subscription costs $234 (was $289). All packs are featured by signals, copy-trading software, VPS, and 24/7 welcome support. The first pack allows copy-trading only on one account. Three-month and half-a-year packs let us trade on two accounts.
We don’t know anything about the strategies behind the system. It’s a bad sign because we wouldn’t like to trust our real account blindly for a Grid plus Martingale madness. Copy-trading doesn’t carry much on the MT4 functionality. Anyway, it would be nice of them to provide more extended explanations of settings and functionality.
There are no backtests. It means that developers resend someone’s signals or use a third-party EA or several EAs to generate signals. We couldn’t find trading results on the sire and myfxbook. It seems to us they don’t exist. The vendor is a scam because it doesn’t provide trading results, traded results, or free signals to check.
The presentation includes only positive feedback. It looks like they are all fake because they’re faceless. Usually, people provide comments with the number of pips they gained or a number of monthly gains. It seems to us. These comments were launched with the presentation.