TradeFXPlus Review

TradeFXPlus Review

TradeFXPlus , founded in May 2005 is a signals provider that trades most of the major currencies.
This service is quite good with decent signals and some additional features to help the beginner or more experienced trader make consistent profit. This provider’s daily signals are easy to use and show good profitable performance.

There is no longer any fee for a subscription at TradeFXPlus; they now offer free forex signals, and automated trading solutions, such as forex robot, systems, and automated forex signals. There are no extra fees or commissions.

Automated Services

Their automated forex signals system uses Qurenix; their forex Robot (EA) uses Eur/Usd Runner v1.0 which trades without any user intervention. The EUR/USD Runner v1.0 trades the foreign exchange market 24/7, 100% automatically. The automated forex trading is done through Mirror Trading offered by AvaFX which lets you use auto-mirroring, semi-mirroring and manual trading all within the one trading platform.

In addition, automated trading is provided through ZuluTrade 101 which provides  ZuluTrade’s best signal providers with monthly updated list of TradeFxPlus’s top five.  .

TradeFXPlus also trades binary options and you can select commodities, currencies, stock and indices. Currently, there are three binary options brokers to choose from—Option Fair, WinOptions and 24Options, each with a minimum deposit of $200 or $250 and payouts between 85% and 88%.

Included in the forex brokers available at TradeFXPlus are AvaFX, Markets.com and AAAFx with available leverage between 1:200 and 1:400 and typical spreads between 1.5 not fixed and 3.0 fixed.

Features

In addition to the daily trade signals, TradeFXPlus also offers some nice features.

The Trading Education section provides informative articles and blogs on a variety of different subjects. Each day there is at least one or two new and interesting posts written by their own in house staff as well as a listing of popular posts from other sources.  There is also a column with quick links to other sections on their site.

There is no mention of live chat or help, but they can be contacted via email and they are quite responsive. There is also no offer of a demo account which would have been helpful for newbie forex traders.

My feeling during this review was that TradeFXPlus is a good signal provider for more advanced traders. Their trade signals are good and timely and easy to use, and their website is instructive and easy to navigate.

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