Is Zero to Hero Forex Signals good to go in 2020?
It’s funny that a company name was picked from Disney’s Hercules. Let’s take a look at a several pages presentation.
It starts with a link on a 5-stared rate on Daily Forex. Of course, it was paid one.
These three statements should characterize them in the best way:
- Comprehensive trading experience
- Outstanding test performance
- Highly recommended by members
- Delivering information about trades via SMS (lol) and email.
Wait a sec, who’s this person? Who’s your Head Trader? So, he’s another no-name person who “traded” over 10 years.
We can easily tell you these signals if they exist are garbage. Their owner even doesn’t try to share with us: signal frequency, pips expectation, availability TP, SL levels, and entry price, and so on. The presentation of signals ended without even getting started.
Trading results
It’s how a chart looks like in the presentation.
And this is how reality looks like. It’s a demo account of a 10-years-experienced trader. The account has been launched on 12 June 2019 and abandoned on 5 January 2020. The initial deposit was 3000 USD. The final balance was 5790 USD.
As we told, we’ve got 209-days history on the plate. The total return was +93%. The monthly return amounted to +9.7%. The maximum drawdown was -29.3%. The win-rate was extremely low and equaled 56.3%. The profit factor is mediocre and equals 1.24. The average numbers of daily trades are 2.4. From the chart, we know that most favorite symbols were USD/JPY and EUR/JPY.
The risk/reward ratio was 1.5. The account was run with the minimum risks (1.9%). The average trade length was over a day. The average win +51.95 equals the average loss -54.15.
As expected, most profitable symbols were the same and exactly they had 57-58% win-rate.
Both directions had a similar win-rate (56-57%).
The profit factor varied depending on the month. Some of them have ended with less than 1.
The best one was exactly in the month when the devs decided to stop trading.
Most trades were performed during two periods. The first one was between 2 am and 3 am. The main one was during a European trading session.
Friday trading has brought no profit comparing with the start of the week.
There were two strategies behind the system. The first one has brought -120.26 USD. The second one ran quite well and provided the devs by +2911 USD.
People feedback
It’s onsite one when everything rocks. We’ve found their TrustPilot page. It’s kinda strange they didn’t enhance the presentation with the link.
There was some feedback like this with a negative experience, but in general, their rate is high and equals to 4.58/5 based on 22 reviews.
Pricing
In order to get a discount we have to do some strange actions, so, no way.
There are four packages that vary by time. A 1-month membership will cost $100. A three-month one costs $200. Half a year costs $300. An annual license costs $500.
Social network profiles
Icons on the site haven’t connected to any social network page. It’s a huge disadvantage if you truly want to attract people’s attention to a product you promote.
Summing up
Pros
- 3rd-party verified trading results
- Positive feedback on Trustpilot
Cons
- No strategy explanations provided
- No signal frequency provided
- Mediocre trading results
- Demo account trading results
- The account was abandoned half a year ago
- People said signal frequency varies with expectations
- No free signals provided
- No traded results provided
- No signal explanations provided
- No group in Telegram and Whatsapp created
- No social network profiles deployed
- Signals delivered only via SMS and email
