V12 Trading assures a high winning rate claiming that its members are in the top winning percentage of traders. The signal service assures a profit of more than 2000 pips per month. More than 10,108 active members are present for the service and it has generated 18,971 pips in 2022 as per the official site info. The company comprises a team of FX trading experts with over 8 years of experience. Other than the domain name being registered for 2022, there are no other company details like the founding year, location address, phone number, etc. There is no info on the other products of the company.
The highlights of V12 Trading
Here are some features that according to the developer set the service apart in the market:
As per the vendor, you will get average results if you begin with the minimum capital recommended. But you can get higher profits if your initial deposit is higher.
To ensure proper risk management, the vendor states that setting the proper lot size is important. For instance, a capital amount of €100 will need a lot size of 0.01, and €200 will require 0.02 and so on.
Learn the basics
The vendor provides simple and easy-to-follow guides on pips, the best brokers, money management, strategy, etc. You will be able to use the signals successfully with the tips and guides provided.
Trading strategy of V12 Trading
This FX EA uses the pip locking method. This approach involves changing the SL with the progress of the trade. When the TP1 level is attained, you move the SL point to breakeven. As per the vendor, the approach helps assured returns if the market price attains the TP1 and is retraced to the entry. You will have gained the first TP, which the vendor claims is the worst case situation, and if the price progresses to the next level your profits are even higher.
No backtesting reports are present for this service. Backtesting helps to understand how the system works and its efficacy. The lack of a strategy tester report makes it difficult to assess the working method of the provider.
Trading results in real time
The vendor does not provide real-time trading results verified by reputed sites like Myfxbook, FXBlue, FXStat, etc. On the reviews section of the site, the vendor provides samples of member feedback and detailed reports. But these are just screenshots of user reviews with no clear info on the performance. We prefer results verified by third-party sites as they provide clear info on stats like total gain, drawdown, lot size, profitability, profit factor, etc. The lack of a verified track record makes it difficult to analyze the system properly.
V12 Trading price
To use this service, you can choose from the three subscription packages that include a one-month subscription (€49), a three-month package (€119), and a one-year package (€349). Features included in the packages are access to the VIP Telegram channel, 4 to 12 daily signals, strategy, risk management, more than 2000 monthly pips, a success rate of 80%, and more. The plans differ in the duration of the subscription only. There is no refund offer present which makes us doubt the reliability of the service. Further, compared to the market average, we find the pricing is expensive.
For support, the firm offers a free Telegram channel and an Instagram link. The vendor does not offer other methods for contacting the company like an email address, phone number, live chat, etc.
Are traders happy with V12 Trading?
We found 39 reviews for the company with a rating of 4/5. Here are a few of the recent reviews:
From the feedback, we find that one of the users is not happy with the performance of the company and complains that it is a scam. He complains of losing his capital and the lack of support. Another user claims that he has received good profits from the service.
V12 TradingV12 Trading
Customer Testimonials4/5 Good
- Daily signals
- Free plan
- No verified results present
- Absence of a refund
- Expensive subscription plans