V12 Trading sends direct signals to their clients via the Telegram application. The developer states that the system has a success ratio of 80%. A total of +2000 pips every month is promised, with 4 to 12 signals every day. These claims caught our eye and persuaded us to review this product.
The developer states that they are a team of experts that has an experience of 8+ years in Forex currency trading. The author is unclear on their portfolio: they lack the providence of vital elements such as certificates, past projects, and individual identities.
The developers offer three different VIP activation packages. For an asking price of 49 Euros, you get VIP Telegram access for 30 days. A cost of 119 Euros and 349 Euros is asked for three months and a year. The site doesn’t mention any money-back guarantee option. The transactions can be processed through PayPal, MasterCard, Visa, etc.
Key features
Some of the essential features of V12 Trading are as follows:
- It works using take profit and stop loss levels.
- The system provides 4 to 12 signals daily.
- It comes with proper strategy and risk management .
- It trades on Oil, Gold, Crypto, forex, and Indices.
Timeframe, currency pairs, deposit
The company lacks information on timeframe and the leverage they are using to trade. The providers recommend a minimum of $250 deposit to achieve average results—no information about the recommended brokers placed on the website.
Functionality
The service follows the following steps:
- Buy one of the available packages
- Reach out to companies telegram group to get signals
- Select the broker and an account
- After getting a signal on the telegram application, copy-paste that signal right into your trading platform
V12 Trading approach
The developer states that they use multiple take profit levels. Once the trade reaches the first exit, traders must move their stop loss to the entry point. There is no further information on this part, and there are no live records present that we could use to analyze its trading methodology for ourselves.
Backtesting results
The vendor provides no backtesting results, which we can use to analyze the historical win rate, profitability, drawdown, and profit factor. This is a poor approach by the company raising many concerns about their product.
V12 Trading live trading results
The vendor keeps the traders blind in terms of transparency of the service. There are no live stats available regarding the signal, which can prove its efficiency. This kind of behavior is very unprofessional in the forex industry, as it raises questions about the credibility of the signal.
What are the risks with V12 Trading?
Following are the risk that is affiliated while trading with V12 Trading:
- There is no transparency of the developers
- No live and backtesting records, which makes it unreliable
- Little information on the strategy
Worth noting!
V12 Trading has a rating of 4/5 with 39 trader comments on Trustpilot, a reputed third-party review website. One customer commented that the company provides false information regarding their results and lacks transparency.
Another customer states that they are hiding the losing trades from the report. They are not reliable and are not profitable in the markets.
What are the pros & cons of investing in V12 Trading?
Pros | Cons |
+2000 pips every month | No backtesting and live testing records are available |
No money back guarantee | |
Poor customer reviews |
V12 Trading Conclusion
V12 Trading is not transparent on the developers' names and their whereabouts. There are no automated copy trading options present to follow the signals. The company has poor reviews on TrustPilot, and no reviews are available on Forex Peace Army.
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