Netpicks Review

Posted in Forex Signals on 25. Mar, 2010

Netpicks has been around for more than 10 years as a company that provides signals on forex and futures trading. They are located in Texas, US. Netpicks offers a wide range of currency pairs with more than 15 pairs currently. They offer futures trading which consists of intradays and swings, live trader trainings, automated trading and a in house product called Universal Market Trader.

The barrier to entry is steep since it is priced at $197/month. However, there are tons of features that justifies the price you are being charged.

Although Netpicks has been around the net for ages, their website still looks like it has never been redesigned before, giving hard navigation and easy to get lost in some pages. Since the barrier to entry into their subscription is so high, they offer a free 2 week trial for you to check out their member’s area.

The member’s area is a very simple interface, with a table that shows the details on the latest signals. If you also got the live trader training, the schedule will be in there as well.

After much navigating to find for the email signals function, it turns out that they do not provide such a service. What a bummer since it is a basic function that any site can have.

However, what you get is a live chat and video room to get the current signals. It is very detailed with this video since he guides you through every trade set up and makes sure you do it properly.

He explains to you why the trade is done this way and tells you what else you shouldn’t do. The live chat was great since you get to ask the questions and he would reply everyone live on the video.

The trades that were discussed in the video room are for London and New York.

Their performance aren’t that transparent from the outside of the website. You can access the info from the member’s area and find out that they have been doing good so far.

If you are a beginner trader, this is a great place to get started because of the live chat and video feature that they have. And probably that’s why the price is so high. However, if you would prefer to just get a signal sent out to you and cut through all the other explanation, this service may not be for you.

Bookmark It