FXNL - Official Review: Is This Gold Trading Telegram Channel a Scam?

While it is true that free signals on Telegram are plentiful, the channel FXNL - Official is one to take note of, but not for the right reasons. With over 90,000 members, the channel exudes the aura of luxury, success, and the perfect trading record, but is it really? A review of their activities, including the backtest results on their free signals, shows the truth about the channel, which is not exactly good news for potential users. Here is a detailed review of the channel based on their performance, transparency, and the signals they offer.

Channel Overview:

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

Feature	Description
Channel Name	FXNL - Official
Launched	Since 8 May 2025
Subscribers	92,932 (High bot/fake engagement suspected)
Activity	Very Active (Avg. 9 posts/day)
Avg. Views	8,600 (Low engagement ratio indicates fake subscribers)
Main Focus	XAUUSD (Gold) Scalping
Free Signals	Yes (Approx. 2 per day)
Paid Services	Private/VIP Premium Channel
Trading Style	Scalping (London Sessions)
Winning Rate	21% (Based on 6-month backtest)

The "Clown" of Gold Trading

At first glance, FXNL - Official seems to be the dream of every aspiring trader. The owner of this account often posts pictures of a luxurious lifestyle, including sports cars, luxury office furniture, and high-class restaurants. All of this is supposed to create a picture of a real guru who has already mastered the art of trading the XAUUSD (Gold) asset. He also posts screenshots of the results of trading for the VIP group, with a 100% winning rate.

But if you scratch the surface of this luxury lifestyle and look at the actual trading data provided to the free channel, the picture becomes drastically different. We decided to test the free group and free gold signals to see whether the results match the lifestyle.

A typical example of a free signal provided by FXNL - Official:

BUY XAUUSD 5008.5

TP 5010.5

TP 5016.5

TP 5018.5

SL 4997.5

At first glance, this seems to be a well-thought-out trading plan. However, the actual structure of the free signals provided by this account is an absolute disaster.

The "TP1" Trap: How They Fake Winning Rates

To grasp the actual picture of this scam, one needs to focus on the position of the Take Profit.

• TP1 is placed at a 20-pips distance.

  
  

• A 20-pips distance for the first Take Profit level is used to artificially increase the channel's winning rate.

Here's the actual picture:

1. The Illusion of Profit: The price of the asset may fluctuate by 20 pips due to market noise. By setting the first Take Profit level at a 20-pips distance, the trade will most likely hit this level.

2. The Screenshot Game: The channel owner shows screenshots of these "partial profits" the moment TP1 is hit. This is an illusion of high profitability and signals that are always "winners."

   
   

3. The Mathematical Reality: The reality is that these trades do not often go past TP1. The small profits made because of TP1 being hit are extremely small compared to the massive potential losses that can be made if the market turns against you.

The results of our backtesting of free forecasts over the last 6 months show a horrifying statistic:

• Average Winning Rate: 21%

  
  

• The Risk/Reward Disaster: On average, you need 8 winning trades in a row to break even on the losses of 1 losing trade. This is because when you lose on a trade, you lose big because of the wide Stop Loss that is 11 points away. However, you win very small because of the tiny TP1 of 2 points.

  
  

Conclusion: Is FXNL - Official Legit or a Scam?

Do not trust this Telegram channel as it is a pure scam.

The guy who operates this Telegram channel is a real clown in the Gold trading industry. He uses the lure of the high life to attract novice traders, only to feed them a signal structure that is mathematically designed to drain their accounts. The close TP1 lets him claim that he has made some profit to keep you interested, while the wide Stop Loss lets him ensure that you lose big if the market turns against you, which it does 79% of the time.

0/10 TRUST SCORE

If you are looking for sustainable trading education or reliable signals, stay far away from FXNL - Official. The only one making money here is the owner, buying sports cars with the losses of his subscribers.