Forex King Telegram Channel Review: A Critical Look at Another Gold Trading Scam?
There are plenty of trading channels on Telegram these days, which makes choosing the right signal providers a real challenge. Today we are publishing the review of the Forex King Telegram channel that has more than 53,000 subscribers and promises free gold trading signals. At first sight, it seems quite legitimate with lots of followers, active posts and professional-looking trade setups. After some investigation and backtesting, however, it turned out not so good after all. This review will explain why Forex King is not something you want to trust and should be avoided at all costs.
Channel Overview
Telegram Channel Link -Ā https://t.me/Tradewith_Forexking786
Criteria | Details |
Channel Name | Forex King |
Operating Since | 18 November 2025 |
Subscribers | 53,057 |
Posts Per Day | ~13 posts (very active) |
Average Views Per Post | ~4,000 (suggesting fake and real subscribers) |
Social Networks/Website | None |
Main Content | Free signals, trading results, trade updates, paid channel promotion |
Free Signals/Forecasts | Yes |
Main Market | Gold (XAUUSD) |
Free Signals Daily | 2ā4 on average |
Trading Style | Scalping |
Timeframe | Short-term scalping trades |
Trading Session | London |
Free Education | No |
Paid Services | Paid premium channel |
VIP Subscription Bot | No |
Real Face/Identity | No ā completely anonymous |
Winning Rate (Backtested) | 37% average over the last 6 months |
The Dark Truth About Forex King Telegram Channel
One of our subscribers asked us to analyze the Forex King Telegram channel. This channel has over 50,000 subscribers.
Even though the name says "Forex", this channel actually works only with Gold trading signals.
This group provides 1-3 free XAUUSD trades per day with entry level, stop loss and take profit.
We analyzed and backtested the performance of this signal with our AI. Please check below how these free trades are provided:
#GOLDĀ SELL 4151_4155
TP 4146
TP 4142
TP 4138
TP 4135
TP 4132
TP OPEN
SL 4167
Every entry is based on zones between 40 and 60 pips wide, 5 to 6 take-profit levels and 1 stop loss. These signals have a very bad reward-to-risk ratio. In the example above, you have a risk of 160 pips and aim to win just 50 pips with TP1 and 90 pips with TP2.
This is a big problem since the price rarely gets beyond the second take-profit level. With a 37% win rate on average, this signal's performance is insufficient to cover the losses. On top of that, the signal provider will lie and hide all losses while exaggerating the wins.
For that reason, we don't recommend following these signals since they are very inefficient and not profitable.
Why This Channel is a Scam
1. Bad Reward to Risk Ratio
The example above shows clearly the main problem. With 160-pip stop loss and take-profit levels starting from 50 pips, reward-to-risk ratio is just awful. In order to break even with a 37% win rate, you would need 1.7:1 R:R. Instead, Forex King offers you less than 0.6:1 reward-to-risk ratio for the first target. Mathematically, it is impossible to be profitable.
2. Falsified Win Rate Claimed by the Provider
A 37% win rate that was confirmed by our independent AI backtesting during the last six months is far from enough to be profitable with this bad reward-to-risk ratio. Nevertheless, Forex King channel lies and hides all their losses.
3. Lack of Transparency
There is no actual face or identity behind the channel
No website or social media pages to verify the legitimacy of the signal
No free education ā just signals and ads
No VIP subscription bot ā manual payments, no buyer protection.
4. Inflated Subscriber Numbers and Low Engagement Rate
More than 53,000 subscribers, but just 4,000 views per post? That sounds fishy, doesn't it? It means that most of their subscribers are bots or fake accounts created artificially in order to make the channel look more credible.
5. Promotion of Paid Premium Channel
This channel actively promotes its premium service. Free signal is just a bait, of course, and given the fact that free signal's performance is terrible, it is highly likely that their paid service is as ineffective.
Conclusion: Do Not Follow These Signals!
Forex King Telegram channel is not a legitimate signal provider. All the features of this channel mentioned above show that it is actually a scam that tries to steal your money.
The ratio between reward and risk in this signal is completely broken and 37% win rate is insufficient to earn any money with it.
0/10 TRUST SCORE
Do not use this channel if you want to keep your trading funds. There are much better ways to get free education and legit signals.
