Professional Review: Easy Forex OFFICIAL TELEGRAM CHANNEL

Channel Overview

Telegram Channel Link - https://t.me/EasyForexPips

The Easy Forex OFFICIAL CHANNEL is a Telegram forex signal channel that was launched on February 8, 2018. The channel has over 317,000 subscribers and presents itself as a strong player in the forex signals market. The channel is very active, posting on average 11 times a day, and receives approximately 10,000 views per post. However, a lot of its subscribers are inactive or false, and this leaves the authenticity of its engagement figures in doubt. The channel also maintains an active presence on YouTube, where it has a subscriber base of 242,000, and has a dedicated website.

Content and Offerings

The channel is primarily dedicated to posting forex trading signals, trading results, customer reviews, and reposts from its paid private channel. Most of its content is dedicated to promoting a particular forex broker and two other Telegram channels specializing in gold (XAU/USD) signals that appear to be uncredible.

The channel offers one free forex signal per day, a copy of its VIP paid channel. While the signals include entry levels, stop-loss, and three take-profit levels, the number of free signals (only one per day) is not sufficient for a channel as big and broad as this. The trading style is swing trading with signals taken on the 4-hour time frame, which may be suitable for longer term oriented traders.

Performance of Free Signals

In the last five months, the free signals given by the channel were backtested, and the resultant average winning rate was found to be 16%. It is disconcerting to have such a low success rate and indicates that the signals could not be used by traders for consistent profitability.

Trading Sessions and Market Focus

The signals are mainly exchanged during the London trading session, which fits with the channel's emphasis on forex markets. The channel's excessive promotion of gold-oriented Telegram channels, which seem suspicious, takes away from its credibility and makes one wonder about its priorities.

Paid Services

The channel offers a paid VIP subscription through a special bot, providing high-quality premium forex signals. While the free signals are of poor quality and limited quantity, the paid services are marketed as a more comprehensive solution for traders.

Educational Content

One of the biggest drawbacks of the channel is that it does not have free educational content. There are no trading tutorials, market analysis, or strategies provided, which would be helpful for newbies who want to learn more.

Transparency and Authenticity

One of the most disturbing aspects of the channel is that there is no real face or easily recognizable human behind it. Lack of a named individual or verifiable trading history makes the channel less trustworthy and makes it difficult for users to ascertain the legitimacy of the services offered.

Pros:

Extremely high activity rate of 11 posts per day.

Free daily forex signal for general followers.

Swing trading notifications on the 4-hour chart, perfect for long-term traders.

Presence on YouTube and own website.

Disadvantages:

Extremely low winning ratio (16%) of free signals.

One daily free signal, which is not sufficient for a channel of such size.

No transparency regarding the team or individual behind the channel.

No free educational material for traders.

Too much promotion of shady gold-focused Telegram channels.

Suspected inactive or fake subscribers, which casts doubt on engagement authenticity.

3/10 TRUST SCORE

Conclusion

The Easy Forex OFFICIAL CHANNEL is a highly active Telegram channel with a large following, but its low signal accuracy, lack of transparency, and questionable promotional activities are significant drawbacks. While the free swing trading signals might be appealing to some traders, the 16% success rate and small quantity are not satisfactory enough to provide consistent profitability.

The channel's overemphasis on promoting paid services and sponsored gold channels also detracts from its credibility. As a source for a trustworthy and informative forex signal provider, this channel is not suitable.

The channel's viewership and activity are to be commended, but its low performance statistics, lack of transparency, and promotional tactics make it an unreliable source for forex traders.