ProSignalsFx Telegram Channel Review – A Trusted Group for Free Forex Signals?
- Andrew Kinch
- Jul 8
- 2 min read
In this review, we analyze ProSignalsFx, a Telegram channel providing free signals and market analysis for Forex, Gold, and other financial instruments. With over 18,000 subscribers, this medium-sized channel has been active since May 2020, offering daily trading insights. Here’s our detailed review to help traders decide if it’s worth following.
Channel Overview
Channel link - @prosignalsfxx
Feature | Details |
Channel Creation Date | 14 May 2020 |
Subscribers | 18,181 (Medium-sized, engaged audience) |
Posts Per Day | ~4 (Active channel) |
Views Per Post | ~1,900 (Indicates real, active subscribers) |
Social Media Presence | TradingView, Instagram, X (Twitter), Website |
Main Markets Covered | Forex (Major & Minor Pairs), Gold, Silver, Crude Oil, Indices, Bitcoin |
Free Signals Provided? | Yes, but rare (Entry, SL, TP included) |
Winning Rate (Backtested) | 54% (Slightly above average) |
VIP Services Offered? | Yes (VIP Forex & Gold signals via subscription bot) |
Real Person Behind? | Yes (Team members with names and faces) |
Key Features of ProSignalsFx
1. Free Signals & Forecasts
The channel provides 4 free signals/forecasts daily, covering Forex, Gold, and other assets.
The signals include:
Entry price
Stop Loss (SL)
Take Profit (TP)
Detailed text analysis
Price charts with trading setups
However, free signals with full entry/SL/TP information are rare (incentivizing members to join VIP community), making it less ideal for beginners who rely solely on free content.
Positive side about forecasts is that they provide clear guidance like "Gold Buy Now", "EURUSD Sell Now" without vague condition-based trading plans.
2. Trading Style & Timeframes
Day trading & swing trading ideas.
Timeframes range from 1-hour to weekly charts.
Covers New York & Asian trading sessions.
3. Educational Content
While the channel does not offer structured free education, the charts and analysis provide valuable insights for traders who can understand basic technical setups.
4. Transparency & Trustworthiness
The team has real names and faces, increasing credibility.
No obvious scam or suspicious activity detected.
54% win rate (slightly above average, but not exceptional).
Pros & Cons
✅ Pros:
✔ Active channel with consistent posts (~4/day)
✔ Free signals with detailed analysis
✔ Real team behind the channel (no anonymity)
✔ Covers multiple markets (Forex, Gold, Crypto)
❌ Cons:
✖ Free signals with full SL/TP are rare
✖ No structured free education
✖ 54% win rate is decent but not outstanding
7.5/10 Trust Score
ProSignalsFx is a trusted Telegram channel for traders looking for free Forex signals and market analysis.
While the free signals are rare, the quality of analysis and transparency make it a decent option. However, traders seeking higher accuracy may need to consider their VIP services.
For those exploring free signals Telegram channels, ProSignalsFx is worth a follow, but manage expectations—free signals are limited, and a win rate is moderate.