Forexero Reviews 

534
TrustScore 4 out of 5

3.9

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Rated 5 out of 5 stars

This is more profitable than copytrading. I have been burnt before with that as things often don't work our with the traders and if you adjust your risk to move favorable positions you'll likely end u... See more

Rated 5 out of 5 stars

The mental toll analysing trading puts on you is far greater than entering one. Therefore, I needed a solution that takes the weight on market analysis off from me and this is why I am a long time m... See more

Rated 5 out of 5 stars

Forexero's signal copier makes life so much easier - I don't have to manually place every trade. The automated setup works smoothly with MT4, and I feel more confident executing trades based on their... See more

Company replied

Rated 1 out of 5 stars

First day with them, and horrible experience. After taking premium membership, out of 5 trades majority went on terrible loss. It seems they are sharing 5 signals at one shot like gambling. I still wo... See more

Company replied

Company details

  1. Non-Bank Financial Service
  2. Education Center
  3. Foreign Trade Consultant

About Forexero

Written by the company

forexero
forexero

Better future start now

Our Vision

We aim to be a global leader in forex trading and investments. With a strong focus on innovation and technology, we put our members at the heart of everything we do. This enables us to empower informed, decisive, adventurous traders to access trading opportunities with our powerful forex signals.

Innovative Forex Signals

Founded in 2016, Forexero supports 10,000+ traders worldwide with powerful and user-friendly forex signals, trading tools, and world-class support. Our trading signals are built with our in-depth knowledge and expertise in the financial markets and proven strategies that yield consistent great results.

Powerful technology

Use the platform that makes your trading experience better in so many ways, communicate and learn from our analysts, and copy automatically our signals. No matter if you're a beginner or professional trader, Forexero has got you covered.

Extensive Learning

Our comprehensive trading guide, informative videos, and in-depth Trading Academy bring powerful insights to your trading knowledge. With our free, unlimited trading material, you can practice your trading strategy.

Signals Copier

Forexero Copier is an advanced software designed to automate the process of copying trading signals from a Telegram channels to a trader’s own trading platform. Forexero automation eliminates the need for manual execution and allows you to trade effortlessly
Join Forexero Now!

Contact info

3.9

Great

TrustScore 4 out of 5

534 reviews

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3.9

All reviews

(534)

57 reviews in the last 12 months

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Rated 5 out of 5 stars

This is new to me

This is new to me, nothing overly complicated but I am still learning the ropes. Happy to be here!

Best regards

11 April 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Member,

Welcome aboard! We’re excited to have you with us and glad to hear that you're enjoying the learning process. We're here to support you every step of the way as you continue to master the ropes of trading. Keep up the great work!

Kind Regards,
Forexero Team

Rated 3 out of 5 stars

Be aware but in general, their signals are reasonable

Dear traders,

I would like to share my personal experiences with other traders here. I’ve been trading for over 10 years now, and through various contacts, I got introduced to Forexero. Currently, I also follow their signals and analyses. My personal experience with this group is moderately positive. Their analyses of market situations are well-articulated, but as we all know, the market can sometimes react differently. Ultimately, it all comes down to timing, analysis, market sentiment, and risk management.

I must say, however, that their timing isn’t always the best. In many cases, I choose to enter the market earlier myself, so I forgive them for the occasionally poor timing. But what I have a bigger issue with is their risk management and the published results on their website.

Regarding risk management, there are two points to note. Every day, they provide four currency trades, all linked to the USD — this already indicates a flaw in risk management. They also publish a gold signal daily, which I usually avoid. Their timing is often off, but more importantly, their risk/reward ratio on gold trades makes no sense. Who aims for a reward when your risk is five times higher? A TP1 of 30 to 50 pips with a SL of 190? That’s why I don’t follow those signals. Gold should be scalped, with at least a 1:1 ratio.

About their results — these are not accurate in terms of risk management. Their SL is usually around 55 pips, TP1 around 20 pips, TP2 about 35–40 pips, and TP3 around 55 pips. After reaching TP1, they always advise to move SL to break-even — and rightly so. That way, your remaining trades are safe. And yes, sometimes the trade goes to SL if the price reverses. That’s risk management.

But what I noticed is that if price returns and should hit SL, but eventually moves toward TP2 or TP3, they still report TP2 or TP3 in their results. That’s not correct — this misleads people and the reported results do not reflect reality.

One last point is how they calculate won and lost pips. Let me illustrate with an example:

EURUSD trade
Entry: 1.1000
TP1: 1.1020
TP2: 1.1040
TP3: 1.1055
SL: 1.0945
Lot size: 3

If the trade hits SL, you lose 3 × 550 USD = 1650 USD.
If you hit TP1 (1 lot profit) → 200 USD profit
If you also hit TP2 (1 lot profit) → +400 USD
If you hit TP3 (final lot) → +550 USD
So, total profit = 1150 USD
Total loss (if SL) = 1650 USD

Now, in their results, they’ll simply report either 55 pips gained or lost. But in reality, 55 pips gained ≠ 55 pips lost — not in dollar terms. So when they claim 200 pips were won today, it might still mean you broke even or even made a loss.

After repeatedly urging them to communicate this differently and to emphasize proper risk management (which is absolutely essential for long-term profitability), they have stuck to their ways and nothing has changed.

I just wanted to be honest about their way of communicating. My own return is around 5% per month, which is definitely decent. When you look at their results, they often seem much higher, but again — those numbers do not reflect reality if you apply proper risk management.

Final conclusion:
With Forexero, you’re in a decent place. Keep in mind their timing isn’t always ideal, avoid gold trades, and accept that the actual results are somewhat less positive when risk management is applied correctly (and it must be applied).

11 April 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Lorenz,

Thank you for taking the time to share your feedback. We respect your trading experience and are glad to hear you’ve found some value in our service.

To clarify a few points: our signals are based on structured, confirmation-based setups aimed at consistency and clarity, especially for those following without discretion. Our focus on USD pairs reflects current market conditions and liquidity—not a lack of diversification. Gold signals are provided with clear risk guidelines and are meant for swing setups, not scalps, which is why the R:R may appear different but is part of a broader strategy.

Regarding our results, we only report TPs that has been achieved, we don't move the SL to break-even unless we instruct in the channel to do so. Pip-based reporting is standard across the industry and allows traders to apply their own lot sizes and risk management.

We always appreciate feedback and are committed to transparent, professional service. Wishing you continued success with your trading!

Kind Regards
Forexero Team

Rated 3 out of 5 stars

Good signals but good luck trying to…

Good signals but good luck trying to get any advice or support. Periodic messages and a live chat that doesn't respond.

9 April 2025
Unprompted review
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Reply from Forexero

Dear Member,

Thank you for your feedback, and we’re truly sorry to hear that you didn’t feel supported during your time with us.

We do our best to provide consistent, high-quality signals along with responsive support through our live chat and regular updates. If there was ever a delay in response, we sincerely apologize, our intention is always to assist every member promptly and professionally.

Please know that our support team is here to help, and you’re always welcome to reach out again so we can resolve any outstanding concerns.

Best regards,
Forexero Team

Rated 5 out of 5 stars

It is the easiest thing to follow

It is the easiest thing to follow! I just manually copy it, no automation. 1-2 trades per day, sometimes even less. This is how you do it. Thanks!

23 March 2025
Unprompted review
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Reply from Forexero

Dear Member,

Thank you for your great feedback! We’re thrilled to hear that you find our signals easy to follow and that you’re enjoying a simple, effective approach. We’re glad it’s working well for you, and we’ll continue to provide valuable support on your trading journey!

Kind Regards,
Forexero Team

Rated 5 out of 5 stars

Liefetime member

I am a lifetime member and had been removed out of the group due to a technical problem, they have solved the issue, and I have always used their signals, it gives me a good sense of where the dollar will be going, thank you for your good service!

17 March 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Member,

Thank you for reaching out and sharing your concerns. We apologize for the inconvenience you've experienced. However, after reviewing our records, we were unable to find any membership under your name, and we have been trying to contact you directly to help resolve the issue.

Our team has made several attempts to reach out and assist you, but unfortunately, we haven't received a response from you. If you could kindly provide more details or clarify your situation, we would be more than happy to resolve this matter as quickly as possible.

Please feel free to reply to our messages, and we'll ensure you get the support you need.

Best regards,
Forexero Team

Rated 1 out of 5 stars

fake

Don't subscribe on this channel. They say they gonna send 4-5 signals per day but you know what are doing?
They send at the same 5 signals , eur/usd, aud/usd, gbp/usd etc. And this is the 5 signals, is obvious that is possible to have all lost or all win, cause ar the same time and all are with xxx/usd.
2. In the first 30 minutes the signals is going to the opposite direction.
3. Nobody see if they trade on account live, cause i guess they trade on demo and then put picture to us.

If u say u are so trusted so many years why u have only 365 subscribers?

Man, please stop lying

14 March 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Client

Thank you for sharing your feedback. We understand your concerns and appreciate the opportunity to address them.

We want to highlight that our service has been successful for years, with thousands of satisfied members who continue to support and trust us. We maintain full transparency with all our trades and have a proven track record of delivering results. Our team diligently tracks every trade, ensuring that all outcomes, whether wins or losses, are clearly documented and available for review.

Regarding the signals you mentioned, we do provide a range of currency pairs, and while certain pairs may be more common, our goal is to offer high-quality, accurate signals based on careful analysis. As part of our commitment to transparency, we only share real, live results with our community, and we do not rely on demo accounts.

We value our members’ feedback and continuously strive to improve our service. If you have further questions or concerns, please feel free to reach out to our support team. We’re here to assist you.

Best Regards
Forexero Team

Rated 1 out of 5 stars

not profitable

they just aren't, all the good reviews are basically bots. they bet on the USD pairs and ONLY USD pair. like no tomorrow again and again, they literally don't use any other pair and even so, SL after SL. It's insane. I want my money back

6 March 2025
Unprompted review
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Reply from Forexero

Dear Julian

Thank you for sharing your feedback. We take all reviews seriously and always aim to provide the best possible service to our clients. After reviewing our system, we were unable to locate any account or communication from you, and we would appreciate it if you could reach out to us directly. We are more than happy to address any concerns you may have.

We want to reassure you that our strategy has been consistently successful for many years, and we continue to see positive results. We pride ourselves on being 100% transparent with our trading outcomes, and we provide full access to our results for anyone who wishes to review them. Our team works diligently to ensure that all trades are executed with care, and we are committed to helping our clients succeed.

We value your feedback and would welcome the opportunity to assist you. Please don't hesitate to contact us directly so we can resolve any issues and ensure your experience is as positive as possible.

Best Regards
Forexero Team

Rated 3 out of 5 stars

Stop loss to high

You need to have a big account and trade very small lots as their stoploss level is very big.about 80%.

With a small account you can blow your account before your reach stop loss due to lack of margin.

Having said this with a big account and trading small ,probably the smalles lots size ,you can be profitable.

5 March 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Lorenzo

Thank you for sharing your thoughts. We appreciate your feedback and understand your concerns regarding account size and stop-loss levels. Our strategy is designed with risk management in mind, and while larger accounts may have more flexibility, we always encourage traders to adjust position sizes according to their own risk tolerance and account size.

We understand that risk management is crucial, and we continuously work on refining our approach to ensure it aligns with the needs of different traders. For smaller accounts, we recommend using the appropriate lot sizes and leveraging proper risk management techniques to avoid overexposure.

We always strive to help our clients achieve success, and we’re happy to provide guidance or answer any questions you may have regarding our strategy or account management. Please feel free to reach out if you'd like more information or assistance.

Kind Regards
Forexero Team

Rated 3 out of 5 stars

Bit of a strange one

I’ve been a member of Forexero for quite some time and bought a lifetime membership as I was quite impressed with the results and the service provided through Telegram.

Recently though I have not been getting signals and the Channel has disappeared from my Telegram feed.

Customer service said that this was caused during an upgrade of the bot and they would reinstate me. Unfortunately this hasn’t happened and I no longer receive any signals. Customer service no longer reply to my messages sadly.

I guess just beware that a lifetime membership may not indeed be for lifetime when you sign up but overall good signals while it lasted!

5 March 2025
Unprompted review
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Reply from Forexero

Dear Martin

Thank you for taking the time to share your experience with us. We truly appreciate your long-term support and your kind words about our service during your time as a member.

We’re sorry to hear about the issues you've encountered with the signals and the disappearance of the Telegram channel. Our team did assist you in reinstating access to the service, even though the option to do so was available to you directly. We wanted to make sure the process was as smooth as possible for you, and we're sorry that we haven’t met your expectations on this occasion.

Thank you again for your feedback and for being part of our community. We hope we can resolve any remaining issues and restore your experience with us.

Best regards,
Forexero Team

Rated 1 out of 5 stars

Robbery

Since trying to apply for their services and the payment wouldn't go through, on their behalf - I didn't revive any product. Then they began drawing funds from my personal bank account monthly - still without any product for me revived. Support is not replying to my requests.. don't go there!!

28 February 2025
Unprompted review
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Reply from Forexero

Dear Chris,

Thank you for sharing your feedback. We're truly sorry to hear about your experience, and we sincerely apologize for the inconvenience this has caused you.

Please know that our team did assist you thoroughly and took the time to explain all terms and conditions. We made every effort to resolve the issue with your payment and account. Although we believe there was no fault on our part, we went above and beyond by offering compensation, even though it wasn't necessarily warranted. We always strive to ensure customer satisfaction, and we regret that this situation didn’t meet your expectations.

We also want to assure you that we take your concerns seriously, and our support team is committed to responding to every inquiry. If you haven't received a reply, we encourage you to reach out again, and we will prioritize your request.

Additionally, as specified when you signed up, you can unsubscribe from our service at any time directly from your account page or through PayPal without any assistance needed from our team.

Thank you for your patience, and we hope to resolve any remaining issues to your satisfaction.

Best regards,
Forexero Team

Rated 5 out of 5 stars

It took me a day to figure out

It took me a day to figure out how to follow their signals and I managed to work out a system where it adds the, automatically to my cTrader. Some people do this manually but I prefer not to, can't sit around the whole day and check the screens. It works for me right now.

31 January 2025
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Reply from Forexero

Dear client,

Thank you for sharing your experience! We're glad to hear that you've found a system that works for you and that our signals are fitting seamlessly into your trading routine. We understand that everyone has different preferences, and we're happy to see that you're able to manage it in a way that suits your lifestyle.

We appreciate your feedback and look forward to supporting your continued success.

Kind regards,
Forexero Team

Rated 3 out of 5 stars

Poor response on customers request

Initially after taking a life membership the signal were received regularly and was happy about their signal performance. However noted for last few days the signals were discontinued even though I had a life membership. When I write on customer support on telegram channel or mail there is no response even after repeated reminders giving a feeling that the efficiency in responding for getting new customers is over.

20 February 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear client,

Thank you for sharing your feedback, and we sincerely apologize for the inconvenience you experienced. We understand how important it is to receive timely support and signals, and we’re happy to inform you that our team has already resolved the issue you raised. You should now be receiving signals as expected.

We also want to assure you that we are committed to providing excellent customer support to all of our clients, and we appreciate your patience during this time. If you have any further concerns or questions, please don’t hesitate to reach out to us directly.

Kind regards,
Forexero Team

Rated 3 out of 5 stars

Average/poor signals and poor VIP feedback

I really don't understand how they calculate their win rate, I follow their signals for a month now and lost two accounts with these signals. They are absolutely not a 90% win rate! Follow up in the VIP group is only there if TP is reached, no advise on when to close or no feedback when SL is hit. It's not that good as they claim to be.

19 February 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear client,

Thank you for sharing your feedback. We are genuinely sorry to hear about your experience and understand your concerns. We take every review seriously, and we’re committed to ensuring our clients have a positive and successful trading experience.

Regarding the win rate and follow-up, we are always striving to be as transparent as possible with our results and communication. We encourage you to reach out to our support team directly so we can review your account and provide further clarity on your concerns. We also want to make sure you receive the guidance you need, especially regarding trade management and stop losses.

We appreciate your feedback and are here to assist you in any way we can to improve your experience with us.

Kind regards,
Forexero Team

Rated 1 out of 5 stars

unfair deduction

i subscribe their services for one month only, and in the last day i tried to contact forexero to cancel the subscription but i don't know how come they made it auto renewal and deduct the monthly charges of GBP90/- from my card. I already left their telegram group, some how i got one whatsapp number and message them. and they declined to refund my money. Really disaapointed with this service totally incorrect.

13 February 2025
Unprompted review
Forexero logo

Reply from Forexero

Hello Muhammad,

Thank you for sharing your feedback. We’re sorry to hear about your frustration.

Upon reviewing your account, we can confirm that the subscription was cancelled by you after the payment had already been processed. Our records show that the recurring nature of the subscription is clearly stated before signing up, and we always encourage users to review these details.

Additionally, we do not have a WhatsApp support channel, so it seems like you may have contacted the wrong number. We strive to ensure that all support is handled through our official channels to provide the best service possible.

We’d like to also highlight that our subscription service can be cancelled at any time, without any terms, limitations, or additional fees. Members have complete control over their subscription and can manage it freely through their account settings.

If you have any further questions or need assistance, please don’t hesitate to reach out through our official support channels.

Best regards,
Forexero Team

Rated 5 out of 5 stars

Still one of my wisest move

Still one of my wisest move when choosing a signal service. I have been with them for 2 years now and they are only getting better.

11 January 2025
Forexero logo

Reply from Forexero

Dear client,

Thank you for your continued trust and feedback! We’re thrilled to hear that you’ve had a positive experience over the past two years and that you’ve seen improvements in our service. We remain committed to delivering the best support and results, and we look forward to helping you achieve even more success moving forward.

Kind regards,
Forexero Team

Rated 5 out of 5 stars

Prop firms hate services like this

Prop firms hate services like this. This is likely one of the main cause they are losing money because the majority of their profitable traders are coming from signal services and it's almost impossible for them to track. I am super satisfied!

4 January 2025
Rated 1 out of 5 stars

Hi i recently joined forexfaro vip and…

Hi i recently joined forexfaro vip and told to join their broker and i did and put in 1000$ usd and they said they are going to attach a bot and it will automatically trade. Morning when i woke up i had nothing in my account there were many trades done on the same time and closed within few seconds with high lot. I asked them what happened and they replied that gold did some manipulation but it was their error and didn't accept it they said would recover it but started to ask me to put in more funds and there is no higher authority to speak with regarding this and no reply from them.

9 January 2025
Unprompted review
Forexero logo

Reply from Forexero

Dear Balaje

Thank you for reaching out. It seems like there has been some confusion. We are a separate company from the one you mentioned, and we do not manage accounts or trade on behalf of our members. We are not involved in any automated trading or bot systems. If you have experienced issues with another platform, we recommend reaching out directly to their support team for clarification or any resolutions. Please be cautious with any company that requests more funds or doesn't offer clear communication regarding your account.

If you have any questions or need further assistance, feel free to let us know!

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