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Fx Luxus Review Scores


Overall score: 3.7 / 5

Total votes: 132
Profitability
1
Platform
1
Pricing
1
Customer service
1
1 - Worst 5 - Best

Fx Luxus Discussion

1 posts
very good and free signals, last month +1600 pips (+$3150 in my account), drawdown 15-20%
1 posts
doren11 posted:
Hi. Good and free signals, but I personally prefer your free robot:) Thanks!

Would be interesting to hear from you now, after some more time.

I did use the signal and also the robot.
Their web site does not really give a clue about their trading system and users have to find out it by their own experience, since also the stats are, from my perspective misleading.
The signal follows a grid trading strategy and the robot martingale. Not any one is comfortable with such a trading style, since they will bust your account at some point in time. The question with such systems is, whether you made enough profit and withdrawals before this happens.
The stats they provide are from my perspective misleading, as they don’t show the floating drawdown incurred with open positions. If they would use myfxbook with a monitoring account, it would become obvious, but they use another stats provider and I suspect this is the reason why. In my case, after a week or two of profitable traders with reasonable drawdown, it entered a trending phase and the drawdown went up to 40%. Such things are not reflected in their stat. At this point I realized, it is pure grid trading with no further trade management and stopped.

Enclosed from FX Signal and EA Pro some stats which does show the floating draw down.


Attachments:

4 posts
Keep on with your work, you still offer very good and free signals, thanks.
4 posts
Keep on with your work, you still offer very good and free signals, thanks.
1 posts
Good and free signals! I use them at my IC Markets broker, access is active for almost 4 months.
4 posts
At the moment, there are no major problems with this service. Monthly results at +1000/1800 pips, there are months when the DD is at 10-15%, but the profits always exceed these DD. I am satisfied with this service.
5 posts
Very good free signals, 100% recommended. Thank you
22 posts
Hello Traders

Thank you for all comments. We have been offering Free Signals for over 2 years and writing bad comments will not stop us from further expansion. We are currently working on new additions to our website.

Here you can see how our Trade Copier functions:



As for the threat of large DD to Trade Copier has additional protection for various situations.

Additionally in Trade Copier window you can set your own Take Profit or Stop Loss, you just need to put the value in pips and each position is going to open with your pre-defined Take Profit or Stop Loss. Using this function is not mandatory, it is just for additional security.

Please remember that we offer free signals for which you do not have to pay nothing, we work for you 24 hours 5 days a week. You can continue to write false information about our service on other pages, as you have done so far, and all just because we have disabled free access for you, just remember that this will not stop us, because we have regular customers for 2 years, who earn with us and are very thankful for our work.

As for your withdrawals is $3164.68, I will not publish a screenshot here because, we respect the privacy of each person and you not.

Please people who offer similar services don't add comments. All people will be reported to the myfxbook administrator, thank you.

If you have additional questions, please contact with us via our website, because here we not answer more. Within 24 hours you will receive an answer via email. Thank you

Best Regards
Free Forex Signals - Daily Forex Signals
2 posts
You will meet with a Rude yet client-facing support guy called 'Pierre Monet.' I have never met someone who has been so arrogant in this field. He is only focussed on maintaining balance and making money from your account. The best part is he doesn't even speak good English!

This guy has no knowledge of Forex but he initially sets up the account with no account management. He keeps high lots and high balance requirements to scare you.

I was still staying loyally with them for around 8 months now. On top of my initial 2000 dollars, I added another 1800. All that I am left now is 700 dollars.

Coming back to the Signal, it's ridiculous and they kept on buying GBP/USD all the way from 1.33 to 1.20 (which was the biggest cause of my drawdown). The signals were not set up with SL and TP.

When I asked about drawdown, he says set your TP or SL or manually close your position. What?? Aren't you a copy service?
22 posts
Hello

We offer signals for all customers, not only for IC Markets or XM.

If you have additional questions, please contact with us via our website and within 24 hours you will receive an answer.

Have a nice weekend

Free Forex Signals - Daily Forex Signals
4 posts
Yes, FX Luxus offer very good signals. I have free access since 4 months.
7 posts
I like these guys.

1. They have a link to their activities on Myfxbook, incase you want the link its
https://www.myfxbook.com/members/fxluxus/free-forex-signals/2147095

2. They provide you their signals for free if you have an account with IC markets or XM

I just wish they can make their Trade History data not private so we can analyze them/

I contacted them and waiting a reply from them.
3 posts

Very good signals, but don't expect good customer service.
9 posts
Very good free signals, thanks for your job.
19 posts
Very good service and support, thank you!
4 posts
Ok I have response in spam folder. thank you.
4 posts
Hi, I made 2 messages through the site form, I sent an email to info@fxluxus.com, it was never answered. There is more than one week.
22 posts
Hello

We always send answer within 24 hours. We recommend that you also check the spam folder.

If you have additional questions, please contact with us via our website.

Have a nice day

Free Forex Signals - Daily Forex Signals
4 posts
More than a week I sent email for information, it was never answered.
22 posts
Hello

We working with XM and send signals with our Copier MT4/MT5. If you have additional questions, please contact with us via our website and within 24 hours you will receive an answer.

Have a nice day
Free Forex Signals - Daily Forex Signals
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