Professional Review: GOLD EMPIRE Telegram Channel – Medium-Low Trust Rating

With 115,006 subscribers, GOLD EMPIRE is a big Telegram channel whose main concentration is on gold trading signals. The channel has been operating since September 2022 and provides an average of 7 updates each day in the form of free signals, trading analysis, and reposts of paid VIP groups. Though it seems active with an average view count of 12,000 per post, some worrying practices compromise its reliability.

Channel Overview (Key Metrics)

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

Metric	Details
Launch Date	27 September 2022
Subscribers	115,006 (Large)
Avg. Posts Per Day	7 (Active)
Avg. Views Per Post	~12,000 (Decent Engagement)
Free Signals Per Day	1-2
Winning Rate (6M Backtest)	32% (Very Low)
Trading Style	Swing Trading (Daily Timeframe)
Main Market	Gold (XAU/USD)
Trading Sessions	London & New York
Free Education?	❌ No
Paid Services?	✅ VIP Signals, Broker Promotions
Real Person Behind?	❌ No
Transparency Issues?	✅ Yes (See Below)
Trust Score (10)	4/10 (Medium-Low Trust) ⚠️

Strengths

✅ Active & Large Following – With 115K+ subscribers and 12K average views per post, the channel appears to have a real, active following.

✅ Free Signals Provided – Unlike some scam channels that offer paid content alone, GOLD EMPIRE offers 1-2 free signals a day.

✅ Specialized in Gold Trading – XAU/USD (gold) specialization can be beneficial for traders looking for gold-specific analysis.

Major Concerns & Red Flags

1. Low Win Rate & Misleading Performance Reports

• Free signals from the channel only show a 32% win rate (from a 6-month backtest), which is significantly below the minimum level required for professional-grade trading signals.

  
  

• Only pips are shown in profit reports, not partial closes and multiple take-profit levels, so actual profitability becomes near-impossible to verify.

2. Risky & Volatile Signal Structure

• Signals are generally devoid of initial stop-loss and take-profit targets, having these values added 5–10 minutes thereafter—a hazardous practice that exposes traders to surprise losses.

• Numerous take-profit levels (to 3) and partial closes exaggerate success rates and complicate trading.

• Variable position-sizing strategies (e.g., numerous entry points) lack risk but complicate exposure management.

3. Lack of Transparency & Accountability

• No real individual or qualified trader is associated with the channel, raising suspicion of authenticity.

• No free tutorial material—common of lower-class signal groups who prioritize paid advertisement over trader development.

• VIP promotions forced, and a broker suggest potential conflicts of interest (e.g., secret kickbacks).

4. Suspicious Trade Management Tactics

• Stop-loss levels tend to be set upon opening trades, an unethical tactic taken in an attempt to hide losses.

• Partial closes are applied selectively on profitable trades, distorting performance statistics.

Final Verdict: Medium-Low Trust

Despite GOLD EMPIRE having a huge following and offering free signals, its low win rate, doctored performance statistics, and high-risk setups from signals make it an untrusted platform for traders. The failure to define strategy, frequent changes in trade parameters, and aggressive VIP promotions lower credibility even further.

4/10 TRUST SCORE

Recommendation

⚠️ Do not fully rely on this channel for sound trading success.

• If you are testing signals, take extreme care—do not risk more than you can afford to lose.

• Investigate other proven signal providers with clear reporting and excellent track records. Did take extreme care—high probability of significant losses.