top of page

A Critical Review of Trading Central FX | Forex Signals Telegram Channel

  • Writer: Anna Taimes
    Anna Taimes
  • 10 hours ago
  • 3 min read

There are many traders out there searching for a way to earn easy money in the forex market and many people look for some signal providers for help. Telegram is one of the platforms full of various signal providers, but it requires careful consideration of your choice. In today's review, we are going to provide you with professional analysis of Trading Central FX | Forex Signals channel. Though it seems to be a huge and successful community, a detailed research of the metrics, trading performance, and the channel itself unveils that everything is not as it seems to be and it may result in losing money. Let's see what awaits you in this review!


Trading Central FX | Forex Signals independent reviews and assessment of free and vip signals channel / group on Telegram

Channel Overview


Telegram Channel Link - https://t.me/tradingcentralglobal

Feature

Details

Channel Name

Trading Central FX | Forex Signals

Operation Start Date

Since 7 April 2022

Subscribers

50,055 (Large subscriber count)

Daily Posts

~25 posts per day (Very active)

Average Views Per Post

3,300 (Suspiciously low relative to subscribers)

Website & Social Media

Website and Instagram

Main Content

Free signals, trading results, paid channel promotion, luxury lifestyle videos

Free Signals/Week

0-1 signal(s) per day on average (sometimes 1-2 per week)

Main Market

Gold (XAUUSD)

Trading Style

Scalping (primarily NY Session)

Signal Format

Buy/Sell with Take Profit (TP) and Stop Loss (SL) levels

Education Provided

None

Premium Service

Paid premium channel (no VIP subscription bot)

Face/Persona

Yes, owner shows face in live videos


The Suspicious Facts Behind the Figures


First, let's look at the number of subscribers and the activity of this community. It seems to be a big one, having more than 50 thousand members. But, unfortunately, the figures behind the metrics of this channel tell us another story. Having the average number of views per post in about 3,300, we can say that there are no real subscribers on the channel and it has mostly bots and fakes.


Regarding the service provided by this channel, the truth is disappointing. If you need reliable free gold, forex signals – this group is not going to help you with it. As for this channel, 90% of all its content is junk – lame motivational videos, screenshots with profits and just useless videos with a live desktop of the alleged channel owner.


Signal Quality and Reward-to-Risk Ratio


Speaking of the signals, this channel is full of low-quality and inappropriate signal structures. It should be noted that in a week there are rarely 1-2 free signals. And when this channel gives a signal, it provides a structure that is really wrong for a trader.


Please see how signals are provided:


🟢 Buy XAUUSD @ 4147

TP #1: 4150

TP #2: 4200

__

SL: 4137 (4136.90)


As you see, it is the terrible risk-to-reward ratio of the signal. To get 30 pips in case of reaching TP 1, a trader has to risk 100 pips. And TP 2 looks promising, but our data says that it is just a myth. According to our AI backtesting, TP 2 of free signals reaches 6% of time.


Inside Trading Central FX | Forex Signals free signals channel on telegram, detailed reviews and real results

Since this channel uses scalping timeframe, you are going to trade fast with a high stop loss. According to our backtesting of the free signals during the last 6 months, the winning rate of this channel is only 28%. Even in case of being a winner, on average you will gain only 60 pips total, while risking 100 pips.


With 28% of overall winning rate and such reward-to-risk ratio, it is awful and you will never earn money using these signals.


Conclusion: The Trust Scam Channel


Summarizing all this information, Trading Central FX | Forex Signals is a very risky channel for every trader. This channel increases its value by using fake subscribers and irrelevant spam content to make users follow it and pay for its services. The free signals on this channel are the bait-and-switch method; they are constructed incorrectly, have a terrible risk-to-reward ratio and are not profitable.


0/10 TRUST SCORE

⭐ Join Our Official Telegram Channel ⭐

🚩 Report Scam Telegram Channel 🚩

  1. Provide Scam Channel Link,

  2. How You Found It - Link,

  3. Explain How Were You Scammed.

bottom of page