Frequently Asked Questions
Q. How many educational hypothetical FX signals per week can I expect?
A. Generally, you will receive the hypothetical trades daily, which vary from 0-13 instruments once or twice a day.
Q. How long does a trade last and why are SL not to risk reward ratios?
A. Most trades last from 1hour – 3 day. However, most trades are open for only a few hours. After a trade closes we watch the charts for the next entry signal to send you. If we do not put a SL then this is risky, however if we put a SL too low then more than likely the trade will hit SL, so we have to consider both sides. All we can do is send hypothetical signals and ultimately, it is you as a client that takes responsibility to carry out the trade or not.
Q. Do you only send us one trade at a time or do we sometimes have several trades open?
A. We send up to 13 instruments daily. However we usually tend to send the strongest one.
Q. Am I locked into a contract term?
A. Absolutely not, it’s a recurring payments subscription system. You can cancel at any time by giving us 30 days notice. However, you MUST cancel your recurring payment as they are automatic until you cancel it using the method that you made your payment in and inform us of your cancellation. If you cancel your subscription during the month, you will no longer receive signals for that month, so we advise that it is best to cancel near the end of your recurring month (after you have given us 30 days notice of cancellation via email). We rarely receive cancellations and give no refunds.
Q. Do you offer a free trial and why do you not show your tradesheets?
A. We do not offer Free Trials at this time. It costs us to add you to our SMS systems, we also feel we must support our paying clients by not allowing free trials. We do not show all our tradesheets so that our strategies of market analysis are undetected. This is what makes FxPremiere unique in regards to our competitors.
Q. What should I expect from your service?
A. You should simply expect to use our educational hypothetical Forex trading signals without the need to endlessly sit in front of your computer waiting for a signal. Please consult a financial advisor before subscribing as you are fully responsible for your manual trades. We send Hypothetical Signals as Educational Purposes only.
Q. Who is FxPremiere Group and what should i be aware of?
A. FxPremiere Group are self employed individuals that have worked in the Forex Industry for many years and have put together the educational hypothetical signals, analysis and news alert website FxPremiere.com. FxPremiere’s website services are for educational purposes only. Please consult a financial advisor before subscribing.
Q. What broker do I need to have an account with?
A. You will need a demo Forex Broker Account. We recommend our affiliate brokers from our Cashbackforex link. Please remember placing our hypothetical trades on a live account is at your own risk.
Q. Are there any restrictions in using FxPremiere Forex Hypothetical Signals?
A. No. You may use any broker you wish however we always recommend our Brokers Cash Back Forex from our links on the right hand side. Also you are abiding by our Terms & Conditions FULLY as a subscriber as noting that our services are for Educational Purposes only.
Q. Does FxPremiere Forex Signals experience Draw Down?
A. Absolutely. Draw downs are part of any profitable hypothetical trading strategy. A trader must be comfortable with periodic draw down to trade within the Forex market. That is why risk management is crucial. One must not over leverage in order to survive inevitable draw downs even when educating themselves with hypothetical signals. That’s why our services are strictly educational.
Q. What pairs does FxPremiere trade?
A. Up to 13 instruments pairs. – please refer to Home Page www.fxpremiere.com for Instrument pairs we send out signals for.
Q. How long are positions held?
Positions are typically held from 1 hour to several days. Most hypothetical trades are closed within the trading session in which they were opened.
Q. Is FxPremiere Forex Signals completely automated?
A. Our hypothetical trades are manually researched and manually entered and sent to you by SMS and email daily. You are fully responsible for your own trades as our signals are for demo accounts, if you are trading our educational hypothetical signals on a live account please be aware you are fully responsible for your trades.
We do not use Trade Copier or any automated Software that allows you to put our trades on your platform automatically, as this will then result and fall under ‘Managed Accounts’ (especially if this was set to a live account ). Managed Accounts fall under all Financial Regulations of every country and this would be a completely different type of service which we do not offer.
Q. How do I cancel my service?
A. Log in to your PayPal/Card payment processor account and cancel your membership once you have emailed us 30 days prior with email cancellation. If you have any issues, contact us on admin@fxpremiere.com. We respond to all emails within 24 hours, with most emails being answered within hours or sooner, Monday-Sunday.
Please also remember that even if you ask or notify us to cancel your recurring payments you must do this yourself from the payment provider.
WE ALWAYS PUT STOP LOSSES IN PLACE AS A MEASURE, HOWEVER MANY TIMES A HYPOTHETICAL (DEMO) SIGNAL MAY HIT A STOP LOSS BEFORE IT REACHES OUR TAKE PROFIT, SO PLEASE TAKE THAT INTO CONSIDERATION WHEN PLACING OUR TRADES ON A DEMO ACCOUNT AS THEY ARE FOR EDUCATIONAL PURPOSES ONLY. IF YOU ARE PLACING OUR HYPOTHETICAL (DEMO) SIGNALS ON A LIVE ACCOUNT PLEASE BE AWARE THAT YOU ARE FULLY RESPONSIBLE AS A SUBSCRIBER, AS WE ARE NOT FINANCIAL ADVISORS.
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