After a trader friend of mine put me onto this service I have to admit I’ve been impressed with the professionalism and high levels of service and thought they have put into providing high quality automated trading signals.
FX Profiler GBP is run by a team of traders who started in stocks, derivatives and gold. The head trader started trading in 1997 and professionally for a living since 2007.
The team have spent considerable hours working out the best way to send their signals to an MT4 platform via a trade copier EA. This is not as simple as it sounds and has resulted in them choosing to partner with Hot Forex as their preferred client broker.
FX Profiler GBP review essentials:
- Team of 3 professional traders manage the signals
- Team worked on high profile commercial EA’s and systems
- 77% winning trades
- 20 pips ave. win
- 17 pips ave. loss
- Ave trade length 14.5 hours
- Hedge – Grid – Scalping base strategy
- Other GBP pairs and strategies can run on top of base strategy
- $500 starting capital minimum
- $1,000 starting capital recommended for maximum growth
- Non FIFO/Hedging Allowed brokers with 500:1 leverage work best
- Hot Forex recommended for best performance and pricing
Pricing:
Hot Forex Broker Option (recommended for best performance & price)
- Step 1. Open Hot Forex micro account with 500:1 Leverage
Note: You must use the link above to open your account or reference Introducing Broker ID “12518″ to receive this price - Step 2. Pay $169 USD annual fee to activate signals ($5/mth VPS option available)
Other Broker Option
- Step 1. Pay $349 USD annual fee to activate signals (no VPS option)
I’m running FX Profiler GBP in the lab, so let’s see how it goes…
Test 1: Vendor Live Account
Myfxbook.com results from March 2012. Updated ongoing.
View Vendors Live Account results
Currently running FX Profiler GBP on Hot Forex demo account, testing started on 25 April 2012. Current results are as follows:
| Current Floating Profit ($) | Total Balance ($) | |||
| -9.65 | 4588.98 | |||
| View our FX Profiler GBP Demo Test Statement | ||||
Lab Result:
Please note: use the google translator tool to translate the German page after clicking the Visit Site link. Also note, the information above has been reviewed by the FX Profiler GBP team and covers the detail you’ll find on their landing page.
The link to website isn’t working cam
Very interesting. I wish it showed longer history.
Hot Forex only allows 1:100 leverage for US customers.. does this mean this would only be available for non US customers?
Hi David,
The guys are looking into it further, but early signs show that Hot Forex will soon stop servicing US clients. More to come on this and alternative solutions for US clients from the FX Profiler GBP team in the coming days.
Gosh – am I the only dimbo person that wants to see a real live working MT4 broker account with the lots and how many orders I can look forward to surprising me going into the red each day? … Is the link broken or something? ….Ummm…..76% wins showing on the summary sheet – good – but nothing exceptional screaming at me ..i’ll watch this space for more info… semi-interested …she says with half a yawn.
Hi guys,
i’am official Costumer since 29.03.2012. and i’am not only a Costumer itself – i have more deeper contact to the trader Team, because i’am very often with them in Discussions in Talks over Skype. i know them longer then 1 year now.
be invited to watch my own Live Broker Account:
http://www.myfxbook.com/members/Madmax_001/fxprofiler-gbp-signal-portfolio/278148
@Jen: Please have a more detailed look on the Strategy which they are using.
(Grid,Hedge,scalping,…). So therefore it’s absolutly not meaningfully about the Percent wins 
which making you not satisfied 
. that’s the strategy. So if you loose 5 trades and the 6th of a Cycle for example wins and kill the Lost of the other ones > so yeah that’s the strategy 
. So please don’t focus on 1 Point – take you’re time trying to understand the full Strategy and not to give wrong Feedback on something which is not the meaning of. So the “yawness” is not really eligible 
So did you ever saw a Grid Strategy with 100% wins? 
So i would say no.
@Joao Santos: You’re having the Poss. joining to all available Live account and to watch them growing or dying
. So the Point is what do you like more??? an Account with 12 years live data,… where you don’t know if it’s maybe cheated and fitted,…. or Accounts which are new and where you could watch what is happening from beginning?.
Forex is unpredictable But it’s possible to eliminate some Single Points of Failure at the Beginning. Traders which are longer in the Business and having Experiences with lot of Vendors – then they know what i mean with that
. Honesty and Reliability are very rar 
So these guys are making really good job. Let’s see and hope that the Market is not working against
Best regards
Max
Im pretty sure you dont have to use hotforex and you can prob. even use a u.s. broker just manage the risk to match the 1:50 leverage, it mostly opens one trade at a time
@Dane: ?????? sry for beeing rude, but such message shows that you don’t know what you’re talking about.
Seems to be that you didn’t spend lot of time reading the Product description?????
Strategy: Grid,Scalper,hedging > manual+auto,…..
So and now tell me that you’re able to handle such Strategie with US broker + such small leverage.
Do you like to blow you’re account tomorrow?
today 1 sim. trade. and next week you could have 10. sim. Trade. Dane Grid
should tells everything.
i’am everytime surprised about such Messages, based on Ignorance. Very Pitty.
Vendor give you a suggestion about a Trading Infrastructure – And this is not a Joke – this is based on a Logic and it’s having a Sense.
So please don’t watch only the myfxbook Accounts. Just take you’re time to read the Descriptions more carefully – and before you posting you’re own interpretations, just contact the vendor to get more informations.
Best regards
Max
@Max
the largest position held was .22 lot on 2k which would still leave you with about %80 margin on a 1:50 us broker!!!!!!!!anyways my worries are regarding hotforex in general i want to warn any1 about them i had so many problems with them there is to many to list 1 being they withdrew money from my checkings!
i’am everytime surprised about such Messages, based on Ignorance. Very Pitty.
i couldnt have said better myself!
@cheeky-monkey:
the current Performance is a very good once and as you see theire are not really big Cycles. Meaning Amount of Simultous Trades.
So The Point is once the Market is not working as Expected for the Vendor and running not good > then theire could be lot of Grid Activities, hedging positions and also short scalpers trying to get out of the Cycle positiv.
So Cheeky, this could force you into Troubles with low Leverage. because they not using everytime same lot size!!.
you’re worries are based on you’re own Experiences – and could have different reasons why you had “Problems”. i’am also a costumer and trading with Hotforex since longer then 1 year – and sure i had some Problems too > but the broker paid me back everytime the Money. Means theire was a big courtesy. So it’s everytime easy to say “they are bad because I had a problem”
so which Problem? Did you tried to solve it with an IB? Theire are no Problems which couldn’t be resolved with Honest Connections.
So anyway you have the Poss. to contact the Vendor directly for asking related to some Brokers. you’re not “forced” to use the Broker.(it’s an suggestion – because the Package is based using this one because of the “known Data Feed”) you could use an other broker too > but you couldn’t force the Vendor giving you 100% support. that’s like you using an Operating System on a non-supported HW. it’s you’re own decision and choice. and also you’re liability once using other one.
Best regards
Max
I have reached out to the developer and they explained as you say it might not work with my other broker even though i have lower spread and same leverage they say execution may be a problem but i doubt that because im using signal copiers on that account with good results instant execution ecn with spreads never more than 2 pip on gbp half of hotforex, but well see how it goes
I know this guys name when i was trading Primeval-EA. As I know they helped the developers to optimize this asian-scalper for different broker.
@cheeky-monkey
I guess it will work on any broker with high leverage but read Cams review above:
“The team have spent considerable hours working out the best way to send their signals to an MT4 platform via a trade copier EA. This is not as simple as it sounds and has resulted in them choosing to partner with Hot Forex as their preferred client broker”
why they do all this and test different broker when it will work on any?
I saw on myfxbook there other account which also seems optimized for HotForex and kick them an email. The answer was execution was the best at there tests and often the clients receiver ea getting more pips with this combination as master account.
execution is optimized in combination of Master->VPS->clients.
I will monitoring there work for few more days and try to buy a license. I will use HotForex for sure when they talking it’s best. Why i should use a different broker and risk this way more errors or something…makes no sense for me !