In today’s fast-paced financial world, investors are constantly seeking reliable and profitable trading opportunities. One such service that has gained attention is Pips Alert, a forex trading signal provider with a dedicated following and impressive track record. With over $15 million in assets and a thriving online community, Pips Alert offers a platform for traders to receive live market updates and maintain control over their trades. However, before being certified to send signals, traders must undergo a rigorous 9-month evaluation process, ensuring that only the most skilled and knowledgeable traders are providing signals.
The signals primarily focus on forex currency pairs and commodities and are sent during the London and NYC trading sessions. Pips Alert also offers educational resources, including free and comprehensive trading courses. While there are no guarantees of success, Pips Alert provides a 14-day trial for traders to test their services. Overall, Pips Alert has received a rating of 5.7, making it a promising option for traders looking to enhance their forex trading strategies.
Key Takeaways
- Pips Alert is a forex trading signal service with a large community of traders and over $15 million in assets.
- Traders must go through a 9-month evaluation before being certified to send signals.
- Signals are sent during the London and NYC trading sessions for forex currency pairs and commodities.
- Pips Alert offers an online dashboard platform for managing signals and provides customer support.
What is Pips Alert?
Pips Alert is a forex signal service that provides traders with live market updates and the ability to maintain control over their trades. They offer a range of pricing packages and educational resources for traders of all levels. One of the pros of Pips Alert is that traders go through a 9-month evaluation process before being certified to send signals, ensuring a certain level of expertise.
Additionally, they offer a free trial for traders to test out their services. On the other hand, a potential con is that there are no guarantees of results when copying trading signals, so it is important for traders to exercise caution and not risk more than they can afford to lose. User testimonials on their website attest to the success and satisfaction of traders who have utilized their services.
Pips Alert: Certification Process
During the certification process, traders are rigorously evaluated for a period of nine months before they are deemed qualified to provide trading signals, ensuring a high level of expertise and competence within the Pips Alert community. The certification benefits include ensuring that only experienced and knowledgeable traders are allowed to send signals to the community, thereby increasing the quality and reliability of the signals.
Traders are evaluated based on a set of criteria that assess their trading skills, risk management strategies, and consistency in generating profits. The evaluation process helps identify traders who have a thorough understanding of the forex market and can effectively analyze market trends to generate accurate signals. By implementing a strict certification process, Pips Alert aims to provide its members with reliable and profitable trading signals.
Pips Alert: Trading Sessions
Traders utilizing the Pips Alert signal service can expect to receive signals primarily during the London and NYC trading sessions. These sessions are known for their high market volatility, which can present both opportunities and risks for traders. The London session, which starts at 8:00 AM GMT, is considered the most active session due to the overlapping of European and Asian markets. This session often sees increased trading volume and price movements, particularly in currency pairs involving the British pound (GBP).
The NYC session, which begins at 1:00 PM GMT, is also highly active as it overlaps with the London session for a few hours. During these sessions, traders can expect increased liquidity and tighter spreads, making it an ideal time to trade. It is important for traders to be aware of the impact of these trading sessions on forex currency pairs, as certain pairs may experience higher volatility and larger price swings during these times.
| Trading Session | GMT Time | Key Characteristics |
|---|---|---|
| London | 8:00 AM | High market volatility, increased trading volume, active GBP pairs |
| NYC | 1:00 PM | Overlaps with London session, increased liquidity, tighter spreads |
Pricing and Courses
The pricing packages offered by the forex signal service include affordable options for traders of all levels, with a 14-day trial available for those who want to test the service before committing. Pips Alert provides different pricing plans that cater to the needs of traders, ranging from beginners to experienced professionals.
The packages offer various features and benefits such as access to live market signal updates, customer support, and the ability to maintain control over trades. Additionally, Pips Alert offers two courses: the Max ROI free trading course and the A-Z trading course. The Max ROI course provides traders with strategies to maximize their returns, while the A-Z course offers comprehensive learning materials with over 40 videos, tutorials, practice materials, and quizzes. These courses aim to equip traders with the necessary knowledge and skills to succeed in the forex market.
Frequently Asked Questions
How many traders are currently part of the Pips Alert online community?
The number of traders currently part of the Pips Alert online community remains undisclosed. Being part of the community offers benefits such as access to live market signal updates, a certified signal provider network, and a supportive online community of traders.
What type of signals are sent by Pips Alert?
Pips Alert provides forex trading signals for currency pairs and commodities through their signal service. The effectiveness of these signals in generating profits can vary and is dependent on market conditions and individual trader decisions.
Is there a recommended trading platform for using Pips Alert signals?
What trading platform is recommended for using Pips Alert signals? The effectiveness of Pips Alert signals is not dependent on a specific trading platform as they provide signals in MT4, which is widely used by forex traders.
Are there any additional support services provided by Pips Alert?
Pips Alert provides additional support services to traders, which can help improve their trading strategies. These services offer advantages such as access to live market signal updates, a dashboard platform for managing signals, and customer support for any questions or concerns traders may have.
How long is the free trial period for Pips Alert?
The free trial period for Pips Alert is 14 days. This duration provides traders with an opportunity to explore and evaluate the signal service before committing to a paid subscription.
