Forexpert Telegram Channel Review – A Classic Case of Fabricated Success and Real Losses

In a sea of trading groups on Telegram, there are few groups as treacherous as Forexpert. Since July 24, 2020, this moderately sized trading group, with 9,639 subscribers, has been averaging 1,200 views on every post. While they may seem legitimate at first glance, a detailed backtest of their free trading signals reveals a catastrophic 34% winning rate, a rate that ensures a slow but sure account drain.

While they flaunt their "90-98% WINNING VIP SIGNALS," they are, in fact, engaging in a coordinated effort to deceive traders. Below, we'll discuss in detail exactly why you should avoid this trading group.

Channel Overview:

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

Category	Details
Channel Name	Forexpert
Operated Since	24 July 2020
Subscribers	9,639 (medium size)
Posts Per Day	~10 (active)
Views Per Post	~1,200 (mostly real subscribers)
Website	Yes (provided, but not verified)
Main Content	Free signals, trading results, trade updates, paid channel promotion
Free Signals?	Yes
Markets	Forex
Free Signals Per Day	~1
Trading Style	Day trading (London Session)
Winning Rate (Free)	34% (backtested 6 months)
Free Education?	No
Paid Service	Premium (VIP) channel
VIP Subscription Bot	No
Real Person Behind Channel	No
Suspicious Elements	See below

Example of a Free Signal from Forexpert

Here is an actual signal format used by the channel:

📈 BUY – GBP/USD

Entry Zone:  1.3364 / 1.3368

🔹 TP1 : 1.3384

🔹 TP2 : 1.3414

🔹 TP3 : 1.3464

Stop Loss:  1.3314

⚠️ Please manage your lot size according to your capital.

As you can clearly see, this trading group is utilizing a common strategy for their trading signals:

• A zone is used for entries.

  
  

• 3 take profits are used.

  
  

• Stop loss is way bigger than a potential profit.

  
  

Using partial closes, which are used after every TP is reached or at times arbitrarily on a random price level, ensures that average gains from a series of signals never exceed the loss from losing trades.

The Hard Truth: 34% Win Rate = No Profit Possible

After backtesting their free trading signals over a period of six months, we found that their average winning rate is a paltry 34%. With proper risk management, such a win rate is mathematically impossible to trade profitably. Not only is their stop loss bigger than their take profits, but a losing trade would wipe out multiple winning trades.

Suspicious & Scam Indicators

1. The free Gold Forex signals group on Telegram claims a winning rate of 90-98% for its VIP signals.

2. 75% of the content of a free group is the advertisement of the profitability and success of Premium Channel subscribers.

3. The free signals are a proof of the expertise of the channel owners.

4. The free signals have an average accuracy of 34%, and there is no possibility of making profits with them.

We suspect that the vip signals have a similar quality and format. So, there are no chances of making profits with the statistics reports of the VIP group.

Final Verdict – Stay Away

Forexpert is not a trading mentor. It is a marketing machine designed to lure traders into a paid VIP channel with false claims of success statistics. The free signals are intentionally of poor quality, and the risk/reward ratio is inverted. There is no real person with a verifiable background behind this operation.

0/10 TRUST SCORE

The channel hides its face, does not teach anything, and spends 75% of its content bragging about the profits of its VIP channel. And the free signals it sends have a 34% win rate.

This is a scam. Do not join the paid channel. Do not follow the free signals. Stay away.