Forex Income Forever Telegram Channel Review – A Thorough Scam Uncovered

Forex Income Forever is one of the most forex signals Telegram channels with a huge 129,315 followers and supposedly sending high-quality free trading signals focusing primarily on gold (XAU/USD).

At first glance, the channel appears professional with frequent trading signals, alleged client success stories, and over-the-top promotion of paid VIP premium services. But a closer look reveals a number of dishonest strategies, manipulated performance metrics, and fake trade management strategies—all the hallmarks of a forex scam operation.

Channel Overview:

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

Category	Details
Channel Name	Forex Income Forever
Launch Date	May 12, 2023
Subscribers	129,315 (suspected fake/inactive)
Average Posts/Day	8
Average Views/Post	12,500 (low engagement for subscriber count)
Main Market	Gold (XAU/USD)
Free Signals/Day	1-3
Signal Format	Multiple TPs (2-3), no text analysis, partial close updates
Win Rate (Backtested)	19% (81% losing trades)
Trading Style	Day trading (H1), Swing trading (D1)
Trading Sessions	London & New York sessions
Paid Services	Multiple VIP signal groups
Transparency	No real person, no verifiable track record
Red Flags	Stop-loss manipulation, fake performance, bot subscribers

Detailed Review of Red Flags – Why This Channel is a Scam

1. Fake Performance & Misleading Trade Signals

• The channel provides 1-3 free forex signals per day, typically structured with several levels of take-profit points (2-3 TP points) to create the perception of high profitability.

• Independent backtest for the last 7 months has a dismal 19% win rate, implying 81% of their signals result in loss—far less than what is needed by profitable trading.

• The channel also frequently releases price charts of past signals, but updates rarely show full profit targets achieved. Instead, they show partially closed trades, which create the illusion that the signals are better than they truly are.

2. Poor Risk-Reward Ratio & Atypical Trade Management

• The very first take-profit point in the majority of alerts has a less-than-1 risk-to-reward, where more is risked than can be made—a losing mathematical game.

• Partial close strategies (e.g., "close 50% now at +10 pips") to make it seem like there's success without showing that most trades never get to enjoy their final TP.

• Stop-loss manipulation is one of the greatest red flags—some losing trades have their stop-loss ramped up while in a trade, incurring even larger losses. These losing trades never appear in updates and therefore present a false facade of consistency.

  
  

3. No Transparency – Anonymous Owner & Fake Engagement

• There is no person behind the channel—no name, no face, no verified trading history. This is a most common ruse by scam Telegram channels to avoid responsibility.

• The channel has zero free educational content, but merely signals and pushy VIP offers promotions—another sign of a profit-generating scam.

• The owner maintains multiple related Telegram channels, likely for cross-promoting and pretending to be credible, as an attempt to mask lackluster performance.

4. Inflated Subscriber Count & Fake Engagement

• Despite the channel having 129,315 subscribers, its typical post is viewed by merely 12,500 people, so the majority of followers have to be robots or dormant accounts.

• The channel lacks an official social media or website, which is unusual for a legitimate trading service. The majority of reputable signal providers are transparent on several platforms.

Final Verdict: A Foreboding Forex Scam to Avoid

Forex Income Forever is a very scammy signals channel for the goal of bringing in newbie traders to expensive VIP subscriptions under the guise of false performance metrics. 19% success rate, hidden losses, and openness are more proof that this is scam business for newbie traders.

0/10 TRUST SCORE

🔴 Traders' Key Takeaways:

✅ Don't use channels whose owners are unknown—serious traders reveal their identity.

✅ Avoid signals with multiple TPs & partial closes—these tend to be used to conceal losses.

✅ Never believe channels that aggressively advertise paid services without evidence of actual performance.