If not, that is a deal breaker. Try sending an email and see how long it takes to answer you. It is imperative in this kind of service to have a quick response time. Better yet, give the company a phone call and see if you can talk with one of the trading staff and not just an operator or customer service representative.
Are they trading their own signals? Ask them for proof that they are trading their signals. They can fax you a copy of their brokerage account with personal parts blacked out. Or in the alternative, ask for a detailed transaction report. Every broker shows details of every trade, so it is a matter of seconds for them to produce this report.
Do they have an easy way to cancel the membership? Ask for their cancellation policy and procedure. You will be amazed at how some will make you jump through hoops to cancel. Some insist on a phone call where you then have to deal with a high pressure sales person on the phone trying to talk you out of the cancellation. Some want written notice by a certain day each month or you will be charged for another period. Do they explain their trading strategy and specifically discuss their reasoning for getting into a trade?
A good service will provide a short video discussing the trade set up. At the least, make sure they disclose why they are recommending the trade with the target and stop loss. Review their trading strategy and see if it fits you. It can either be technical data, like using moving averages and a myriad of other indicators, news based trading, or fundamental trading where they look at the economic data, news reports and political events of the country. Editorials » Business Resources » Foreign Exchange ».
Most Popular. Performance and Motivation in 'mcdonalds'. Apartment Building Investment Strategy. Job Interview Questions? With each newsletter issue you will get the monthly events summary of each Forex traded currency, analysis of the fundamental market situation, examples of my real trades for the month and the important site updates including new ebooks, brokers and expert advisors. Subscription to this newsletter is completely free and is very easy.
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