Forex Online Signals Review
Posted in Forex Signals on 25. Mar, 2010
When you arrive at Forex Online Signals website, you will be able to see tons of calendars. You may be wondering what it is all about. They are actually showing their performance which showed that they did a profit of 1000 pips in the last quarter.
Forex Online Signals can be known as FXOS as well. They send out signals once or twice a day, depending upon market conditions. Their signals are straight forward and very basic. It contains only 3 information which is the entry price, stop loss point and exit price. There’s no explanation or anything so that you can just do as they say and earn money.
You can subscribe to a maximum number of 6 major currency pairs, which are the EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD. They have different fee structures which allows you to select which pairs you want to focus on trading.
The unique part about FXOS is that they do not charge a monthly or yearly fee. What they do is that you have to deposit a minimum of $100, which will then be converted into credits. Each credits is $0.05. Each currency pair has different credit pricing. For example, the USDCAD pair costs only 0.5 credits while the EURUSD costs 4 credits. Whenever you receive a signal on the currency pair you want, the credits are deducted automatically from your account.
Money can be added anytime when you see that your credits are low. You can also choose the method you wish to receive your signal. This can either be in the form of email of text messages.
FXOS has 3 different pricing model – the mini, standard and pro. Each of them requires a set up fee which is different with each model.
The mini has the least choices, where you can’t pick the currency pairs you want to receive and doesn’t employ the credit structure. The standard model does employ the credit structure and doesn’t allow you to choose the currency pairs either.
The Pro is the best of them all, giving you freedom of choice and employs the credit structure. Both the standard and pro gives you free credits on your first deposit. This encourages you to deposit as much as possible so that you will stay longer with their service.
The payment process is fairly simple and you can choose to pay through Paypal, bank transfers or even Western Union.
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