IntelliForex Review – A Review of the Trading Signals
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Trading Signals Provider reviewed: IntelliForex
Trial Period: 14 days free trial
IntelliForex is providing the following services: managed forex accounts, trade signals, auto-trading, and institutional services. In this IntelliForex review, I’m going to pinpoint solely on their trading signals service.
IntelliForex Trading Signals
IntelliForex trade various currency pairs across different trading systems where each trading system has their own set of currency pair selections. Overall, IntelliFX provides 8 forms of trading systems, but only 7 of them are available in the form of trading signals. Here are the systems:
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1. IntelliForex FTR PRO
2. IntelliForex Swing
3. IntelliForex SDFX
4. IntelliForex GCS
5. IntelliForex IntraDay Pro
6. IntelliForex ES3
7. IntelliForex SAS
Note: You can see the general explanation, statistical analysis, technical information, performance chart, and the monthly returns of each system in the “Performance” section on their website. After running for a while, not all of them are proved to be profitable, so pick your trading system wisely.
Some of them are generated by AI (Artificial Intelligence) and the others are generated by their professional traders. Regardless, you can get the signals 24/5, whenever a potential profitable trade occurs. The signals can be received via e-mail, SMS, or on their website. Also, you need to execute the trade as soon as you receive the signal, so if you have to analyze the signal first, you better do it quick.
Here’s the format of the signal:
- System (swing or intraday)
- Currency pair
- Buy or Sell
- Entry point
- Stop Loss
- Take Profit
- Lots
- Generation time and expiration time
The Stop Loss or Take Profit orders aren’t always the one that close the trade. Sometimes, you’ll receive close trade alert to close the position. The opened trade time is varied; it can be several minutes or several hours.
Pros and Cons
Pros
- Multiple trading systems with transparent performance data. They will not modify the data even if the trading system is generating more loss than winning trades.
- Profitable signals via different medium, allow you to react faster to secure your profit.
- 14 days free trial to test the system
Cons
As stated above, not all of the trading systems are turn out to be profitable. Check out the data first in the “Performance” section on their website before deciding your choice.
IntelliForex Review: Conclusion
In the world of forex trading where everyone seems to be deceptive, there aren’t many trading system’s creator (especially the one that sell their system) that willing to display their performance data blatantly and IntelliForex is one of them. That confidence isn’t baseless though, some of the systems are proven to work wonder and you surely can use those signals to start gaining extra profits from the forex market.
