You are probably here so that you can determine if a forex trading signals service such as 1000pip Builder stays true to its claims. Am I right? We’re curious about it as well as they have been getting 5-star reviews in various forums… and we honestly think that the service is controversial.
Together, let’s find out more about this interesting forex trading signals service through this 1000pip builder review.
Table of Contents
What Are Forex Trading Signals?
They are recommendations from an analyst, a trading robot, or a trading software. The signal has important information for joining a trade on a currency pair, with a set time and price.
The Forex signals run in real time. For this reason, they have many ways of notifying the investor – through text, email Twitter, or RSS.
What Is 1000pip Builder?
This signal provider claims to help you determine when to enter a trade and when to exit to avoid a huge loss.
The creator behind this service is called Bob, who is said to have a decade of experience in forex trading for a reputable financial establishment in London. His aim in creating the service is to offer Forex to even the regular Joe.
Bob wants to help everyone interested to succeed in trading. This is their selling point – that a veteran can teach you the tricks of the trade. Through Bob’s experience and expertise, you will be able to select and take advantage of different trading opportunities.
People are joining in the hopes of using the same techniques as Bob has. His focus is on following the trends, and finding opportunities that will give you high chances of succeeding. He is said to be exceptional when it comes to analyzing price movements.
What Can I Get From Their Service?
PIP is actually an acronym for Percentage in Points. As per investopedia.com, it is the smallest price move that an exchange rate can make based on forex market convention. It is one-hundredth of one percent (.0001).
1000pip Builder promises to help you achieve a growth of 600 to 1000 pips. Frankly, this is a big promise… and a challenging one, too. But considering that Bob is an expert, maybe this is possible? Let’s not conclude yet.
What you need to keep in mind though is that forex trading is highly profitable when done right yet extremely risky. If you are going to ask me if signals can help, my reply would be nothing is certain.
There are no guarantees when it comes to profits in forex trading. My advice now is to check it out and experience it for yourself.
Can It Help Newbies?
Those who are subscribed to the service will get comprehensive data that shows you how to interpret and understand forex signals. There are also key details so that you can follow and figure out the markets. Beginners will definitely benefit from this information.
No matter how small your account or investment is, you can follow and join. Newbies who have questions can email their support. Sorry, you can’t call or text 1000pip Builder so you might not get real-time response.
How Does Their Service Work?
Bob, the main man, sends the signals to you, the investor. You will get relevant trade information so that you can earn money and continue subscribing to their service.
But prior to sending the signals, Bob’s analyst (well, one out of the many) verifies the information to ensure that the signal sent is reliable and correct. In addition to that, they calculate the risks connected to trading to make sure that they can provide you with the most positive outcome.
Having said this, you can avoid trading if you think and feel that it is too risky for you. The people from 1000pip Builder make sure that you get the best of the best.
Anyhow, the signals are sent through text or email so you don’t need to waste your time by waiting all day for any details about entry price, profit numbers, etc.
Before I share my thoughts, let me first remind you that people will have varying stories and experiences from this forex trading signals service.
As I searched online, I was overwhelmed by the number of positive reviews about the site. Most of them are 5-star ratings and very few complained about them. Those who did complain changed their minds after a couple of months and edited their reviews.
People were honest to share that they have been through good and bad days in trading which is a risk that they are willing to take because this is the very nature of forex trading. However, they loved that they are getting a lot of information. They are learning a lot more than they expected.
Bob sends them good advice and helps in deciding. Oftentimes, he encourages investors during the bad days and says to weather through the difficult days. He always says not to let their emotions affect trading.
Bobs is said to look at the investors’ accounts so that he can give appropriate advice. For instance, he told one subscriber to lower the amount of risk. Simply put, he makes you feel like this is a one-on-one mentoring.
Apart from those mentioned above, below are the pros of the service:
- Verification of signals before being sent to you
- Helpful FAQ section can answer your queries
- 5-star rating and glowing reviews in different forums
- Strategy is said to yield great results for users
- Can receive signals through text and email
Cons include the following:
- The price is a bit steep for many investors
- Can’t be used with other trading platforms
- No real-time communication with customer support – just email
In addition to those, here are a few more things that I noticed about 1000pip Builder.
1000pip Builder claims in their site that their signals are verified in myfxbook and profitable. Please
1000pip Builder claims in their site that their signals are verified in myfxbook and profitable. Please see image below. That’s from their website.
I head over to myfxbook to check it out and this is what I saw.
First, it says there that it is not verified. Second thing which was odd was that it said that they started only on June 12, 2019, when it should have started in 2016. Another detail worth noting is that their stats were last updated last January 27… and the stats don’t even look good compared to the other systems I have checked out in myfxbook.
In addition to that, Bob, who is their lead trader does not have established online presence. I mean, who is this guy? There doesn’t seem to be any information about him.
I don’t know about you, but all this seems a little fishy to me. There’s no free trial either, but there’s a 60-day money back guarantee from Clickbank, which is iron clad.
For those reasons, I am torn. I am torn between following the positive reviews and the other details that I have noticed.
What about you? What do you think of 1000pip Builder? Would you give this a go or not?
If you are a beginner who wants to get a good grasp of signals, maybe it is good to fork out $97 for a month just to test the waters. You can send them an email any time you want to cancel your subscription.
After all, forex trading is all about taking risks. Why not start with this one?
If you think that forex trading is too risky for you (it is very risky), then you could read about making money online with affiliate marketing instead.