Trade With Ankit Goyal Telegram Channel Review: A Low-Trust Signal Service
- Anna Taimes

- 4 days ago
- 3 min read
In today’s saturated market for trading signals on Telegram, it is more important for traders to distinguish between genuine sources and those that give misleading information to their audience. In this review, I shall evaluate the “Trade With Ankit Goyal” official Telegram signal service for Gold trading with free signals. After an in-depth assessment of its performance, operations, and transparency, we have come up with conclusive evidence that sets out its level of danger to its subscribers.

Channel Overview
Telegram Channel Link - https://t.me/ankitgoldmaster
Metric | Details |
Channel Name | Trade With Ankit Goyal |
Operational Since | June 2025 |
Subscribers | 30,134 |
Average Daily Posts | 15+ |
Average Views Per Post | ~2,400 |
Main Market | Gold (XAUUSD) |
Free Signals Provided | 2-3 per day |
Verified Win Rate (Backtested) | 36% |
Free Education Provided | No |
Real Person/Identity | No |
Analysis and Verdict: Lack of Trustworthiness
A detailed analysis of the "Trade With Ankit Goyal" channel reveals several significant red flags that potential followers should consider seriously. While the channel presents itself as a source for profitable trading signals, the underlying data and practices suggest otherwise.
Critical Red Flags and Inconsistencies
Severe Discrepancy Between Subscribers and Engagement: Despite having more than 30,000 subscribers with an average view count on each video of 2,400, it is observed that the channel is displaying a severe discrepancy between its subscribers and level of engagement, thus raising questions on its legitimacy.
Unverified and Exaggerated Performance: The operating company frequently boasts winning trading performance. But an independent back test on their complimentary trading signals offered for the last six months reveals a contrary scenario. The true average winning percentage is only 36 percent, which is statistically invalid for making profits, more so with their trading risk management system in place.

Deceptive Trade Management and False Reporting: The trading pattern on the channels is irregular with poor risk to reward ratios.
Inconsistent Signal Formats: It is a completely mixed set of Gold signals with totally different trading management strategies, where some signals give a clear entry, one tp, and one SL for example: Gold sell now 3870 sl 3885 target 3850, while others give limit entries with multiple t/p levels, terrible reward to risk ratio for example:
XAUUSD GOLD SELL 3966
LIMIT TRADE 3968
TAKE PROFIT 3962
TAKE PROFIT 3958
TAKE PROFIT 3954
STOP LOSS 3976
In this trade, the total risk is 10 points (3976-3966), but reaching the first profit target would only yield a 4-point profit (3966-3962), hence an unattractive risk to reward ratio even for the attainment of the first target.
False Profit Claims: Most alarming is that a signal provider commonly deceives and exaggerates a performance with free signals, for instance, stating a win, while in reality, the price hits SL first, then tests the TP level. As evidenced from back tests, there’s 36% genuine accuracy together with false profit statistics reports.
Conclusion
Given the evidence present in terms of overstated subscriber levels, a backtested winning percentage of 36%, illogical and potentially dangerous signal pattern designs, and claims unequivocally disproven in terms of their accuracy regarding performance, it is clear that the “Trade With Ankit Goyal” is an untrustworthy source for trading signals.
3/10 TRUST SCORE
It would seem the goal behind the “Trade With Ankit Goyal” is to lure viewers with high levels of trading activity and assurances of success, rather than actually providing quality trading advice in the form of trading signals, which is ultimately unproven in terms of its accuracy.


