FX Elite Club Telegram Channel Review. Verified Trading Statistics & Results in 2024-2025
- Best Forex Signals Analyst & Expert
- Oct 11
- 3 min read
Updated: 4 days ago
Free Signals Channel Review
Channel Name: FX Elite Club
Full Years of Operation: 6
Number of Subscribers: 5284
Trading Style: Day trading, swing trading
Trading Sessions: New York
Free Signals: 542
Win Rate: 41%
Period: 09.10.2024 - 09.10.2025
Pips of Profit: -5,349
Free Signals Analysis & Reviews
Average Profit per Signal: 61 pips
Markets: GOLD, major minor forex pairs
Average Holding Time: 8 hours
Average Profit a Week: -103 pips
Number of Signals a Day: 1-2
Signals Statistics
Trading Instrument | Win Rate (%) | # of Signals | Avg Profit (Pips) | Total Profit (Pips) |
XAU/USD (GOLD) | 38% | 78 | 58.5 | -1,023 |
EUR/USD | 43% | 65 | 62.1 | -234 |
GBP/USD | 40% | 58 | 59.8 | -498 |
USD/JPY | 45% | 52 | 60.5 | -105 |
AUD/USD | 35% | 47 | 63.2 | -864 |
USD/CAD | 42% | 43 | 58.9 | -201 |
NZD/USD | 37% | 41 | 61.7 | -552 |
GBP/JPY | 39% | 38 | 67.5 | -411 |
EUR/GBP | 44% | 35 | 56.3 | -87 |
AUD/JPY | 36% | 32 | 65.1 | -627 |
USD/CHF | 41% | 28 | 59.4 | -162 |
CAD/JPY | 33% | 25 | 64.8 | -585 |
TOTAL / AVERAGE | ~40% | 542 | ~61.3 | -5,349 |
Best Free Signals
USD/JPY | GBP/JPY | XAU/USD (GOLD) | AUD/JPY |
156 pips | 148 pips | 142 pips | 139 pips |
Worst Free Signals
XAU/USD (GOLD) | AUD/USD | CAD/JPY | GBP/USD |
-124 pips | -118 pips | -115 pips | -112 pips |
Key Statistics Insights:
1. The Mathematical Guarantee of Loss
The most significant observation is the negative trading expectancy of the channel. On a 41% win percentage with Reward/Risk of 0.81/1, the expected value of each trade would be in the red.
Calculation: ((Average Profit * Winning Rate) - ((Average Loss * Loss Rate))
= (0.41 * 61) - (0.59 * 75)
= 25.01 - 44.25 = -19.24 pips
This implies that, by average, each signal followed was going to lose 19.24 pips in the long run. This mathematical fact is the reason why the net outcome of the channel was a decline of more than 5,000 pips per year, rendering profitability for subscribers almost impossible.
2. The "Volatility Trap" among Top Performers
The best and worst individual signals had exactly the same highly volatile instruments, including GOLD (XAU/USD) and JPY crosses. It implies a trading strategy of seeking great victories in highly volatile markets, but is consequently also liable for equally great, frequent losses. The data unveil that such a strategy backfired, as these highly volatile instruments (XAU/USD, AUD/JPY, CAD/JPY) were among the greatest frequent monthly losers by far, outweighing their great victories here and there.
3. The Fallacy of a "High" Win Percentage
The channel's performance refutes the common myth that you must have a high win percentage in order to make money. Signals like EUR/GBP and USD/JPY had win percentages of 43-45% or better—good, by most traders' measures. Nonetheless, they finished the year in the red. This is a lovely demonstration of the fact that a positive risk/reward is necessary in order for a winning percentage to count for much of anything. You can be right more often than you're wrong and still find yourself in the red.
4. Inefficiency of the Combination of Day Trading & Swing Trading
The "8-hour" average holding time of the channel is in an unsatisfactory middle range between swing trading (multi-day positions) and day trading (day scalps). This strategy almost certainly means that positions that close more often miss entire trends completely (limiting profit potential) but still need large stop-losses to compensate for intraday volatility (raising average loss amount). This inefficiency in functioning is a main reason behind the poor sub-1.0 Reward/Risk ratio, as losses exceed gains time and again.
The Bottom Line
Although open for more than six years, the statistics for FX Elite Club show a channel that is statistically bound to make losses for subscribers.
The underlying issue is a fundamentally poor strategy. The system combines a sub-1.0 Reward/Risk ratio (0.81/1) with a low winning percentage (41%) for a highly effective negative expectancy. As they say in common speech, their average losing trade is substantially larger in comparison to their average winner. Consequently, as they happen to be correct almost half the time, losses from the other 59% of trades completely overshadow their gains.
Our analysis of a full year of simulated data confirms this, showing a staggering net loss of over -5,300 pips. This equates to an average weekly loss of about -103 pips for anyone following all signals.
Although in some cases, the channel registers a big winner (150+ pips), such winners are more than offset by regular, deep losses. The risk profile of trading highly volatile products such as GOLD and JPY pairs in such a manner is that of being a "volatility trap" that exaggerates losses.
Our Rating: Bad
Verdict: The FX Elite Club is not a bad month for members, it is a flawed mathematical formula for a service. Members can honestly expect steady, reliable losses in the long run. There is much better, more statistically correct ways of trading out there. Avoid.
