(I have posted essentially the same message below on another fx forum. I decided to post my message here at this forum because I am trying to get all the facts I can before making a decision on risking my money with a signal provider. Also, by posting this info it will give others information to help them decide on the best signal provider. Please do not accuse me of spamming.)
What do you guys (and gals) think of OMI-FX? I haven't been able to find much testimonials or reviews on the net concerning this company, but it does look good. At the time of this posting it has made the most pips of the signal providers being monitored at fx-auto.com. In fact, it has over double the number of pips of the signal provider with the next highest number of pips (Fxmaster). And to make it more impressive, OMI-FX has been trading with fx-auto only since April. Fxmaster has been trading there since February - giving it 2 months more time to make its pips. Despite this fact, OMI-FX still managed to more than double the number of pips than it's nearest competitor (Fxmaster) at fx-auto.com. OMI-FX is currently averaging 10 pips per trade there and has a good Profit Factor. It also has a pretty decent winning percentage of 57.66% (when compared to most others that have made many trades). Again, this is at the time of this writing. If you are reading this message weeks, months or years later, then the numbers may have changed - either for the better or the worse. By looking at their (OMI-FX.com) website, they apparently have been giving live trade signals since Jan. 2005. If you go to their website you will see they have been doing very well since that time. So my point is they have been doing well for a while. I checked their trading results posted on their website for the past couple of days and compared it to what fx-auto said they made. It was accurate. So they are apparently honest. I did not check ALL of their trades to see if they all match fx-auto, but I'm assuming those are accurate also. Being that OMI-FX is doing so well, I figured there would be much more talk here about it, but it has not been mentioned much. I would be interested in hearing other people's opinion about this company.
I haven't signed up with a signal provider yet because I'm trying to decide which is the best one. I have narrowed it down to 3 services (in this order):
1.
http://www.omi-fx.com
2.
http://www.fxmaster.net
3.
http://freedomrocks.com
1. OMI-FX: I am leaning towards this service for all the reasons I listed above, plus they guarantee 300 pips per month or your next month is free. Something that worries me a bit about it is the lack of reviews about it. I haven't seen many reviews about it -- even though it has been doing very well since Jan. 2005 (going by their performance numbers posted on their website). Fx-auto.com has been monitoring OMI-FX trades since April of this year and has shown to put up good numbers. I tried searching on the web and couldn't find anyone other than this site giving out reviews/opinions of it. If anyone knows of any fx trading forums in which OMI-FX is being discussed, please post the info here. Also, they tend to at times have big losses (their biggest loss listed at fx-auto.com is 328 pips). However, they usually make enough pips to overcome those big losses.
2. Fxmaster: Now, FXmaster is the opposite of OMI-FX in terms of "publicity". I have seen much written about Fxmaster on several forums. From what I've seen, it seems to be a honest, legitmate company that is profitable. Were it not for the fact OMI-FX has over double the number of pips that Fxmaster has ( of the trades monitored at fx-auto.com), I would choose Fxmaster. I'm only still considering it because I've seen more confirmation and info about it than OMI-FX. I also like the fact that Fxmaster always has a set 80 pip stop loss. I have seen OMI-FX (through the trades listed at fx-auto.com) have losses anywhere from 1 pip to 328 pips.
3. FreedomRocks: This is not one of the services that fx-auto is monitoring but it is one that has really intrigued me. I have been reading a lot of good things about it. I like the idea of hedging ... though I have never made a hedge trade before. And I like the idea of earning interest. From what I've read about it, it doesn't seem to have many losses. I don't know if it is because the system may require it to hold onto a trade until it is in positive terrrority or what. That's the feeling I get, but as I said I don't know if that is the case. I signed up for a few months ago but I was confused to how it worked. I never could figure out how to get it's trade recommendations. I guess the problem must have been more with me than the system because apparently nobody else is having any trouble figure out how this program works. If I decide to give it another shot then I'm going to get a freind of mine to help me figure it out.
So traders, which of these 3 is the best?
Topgun
Re: The best forex signals service
Re: The best forex signals service
Have not heard hardly anything about this one so im thinking its either extremelly new and lying about its live results or its a scam.Anyone else seen it or had experiences with it post thanks.
Re: The best forex signals service
59 users ever registered , people in there saying they have lost 2000 pips last month.Also they use FXDD which has no registrations or anything is just a private hedge fund.
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