FX Deal Club is a trading solution for those who want to copy signals right from the master account. The presentation is impossibly short and doesn’t look trustworthy at all. The devs claimed that it’s “A Complete FX Deals Management.” We are here to check the service and provide trading results.
FX Deal Club strategies and tests
We have gathered all available information in a host list to let you read this comfortability.
- The advisor and software allows us to work with the system automatically.
- They have over 20 years of experience.
- We can work with 18 symbols at once.
- The system is based on technical and fundamental analysis.
- It seeks for the best Entry Points on the market.
- We have to provide login and password from our account to be managed.
- The RIO should be up to 30-50%.
- The devs provide 24/7 welcome support.
- We can pay for the service via Bitcoin, PayPal and Skrill.
- The minimal balance to start using their service is $1000.
- The optimal balance is five times higher – $5000.
- We may change a broker for better market conditions.
- We should prepay for the service $250 in advance.
- The commission will be 35%.
We have no backtest reports shared. So, we can’t be sure that the system was tested properly before release.
FX Deal Club live trading account review
The advisor has blown the previous account from which the signals were delivered. This is so unprofessional as for the paid MAM service.
We have a widget with real account trading results verified by Myfxbook connected. This account was deployed right after the previous one was blown. The advisor worked on a real EUR account on TickMill automatically. It traded with 1:500 leverage on MT4. The account has lost a verified track record. It was created on May 13, 2021, deposited at €20,200, and withdrawn at €5,000. Since then, the absolute gain has become 54.01%. An average monthly gain was 11.36%, while the maximum drawdown was 68.78%. It’s such a deep number.
The robot traded 496 orders with 3199.6 pips. An average win was 18.12 pips when an average losswas -50.78 pips. The win rate was 85% for longs and 80% for shorts. An average trade length was two days. The profit factor was 1.72.
The robot worked with many cross pairs. Seven of them were lost. It’s an unprofessional way to run a business.
The advisor worked with Martingale and used to keep orders on the market for weeks or even months.
The robot didn’t close all months with stable and predictable profits.
We have to provide the developers with all the required information, including our MT4 login and password. Traders must pay $250 upfront to get started.
Is FX Deal Club a scam?
It looks like a scam. Trading results showed that the system can easily lose many orders in a row to lose over 17% monthly. It’s too much.
FX Deal Club created a page on Forex Peace Army. We have only three pieces of feedback written. We may note that many accounts were stopped.
People provided only positive testimonials about how the system worked for them. We can’t trust them blindly.