Rent a Signal
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Keseluruhan
Stopped Service Now.
Keseluruhan
They're gone:
Dear Rent a Signal User,
Since 2007, Rent a Signal is proud of providing with its services to thousands of clients around the globe. However, it is the time to focus on the rest of the services provided by the firm who owns Rent a Signal and accordingly, it was decided to discontinue the Rent a Signal's operations in October 2012.
In order to ensure an ordered disconnection of its services with regards its clients Broker trading accounts and your Signals, Rent a Signal will be disconnected according to the following calendar:
- October 14, 2012: Rent a Signal will not receive new trades anymore. Only changes related with trades that were opened before 14 will be received and sent automatically to the subscribed client's Broker trading accounts.
- October 21, 2012: Rent a Signal will be completely disconnected, so no communication will be received and sent anymore.
- October 28, 2012: Rent a Signal website will be completely disconnected.
Any outstanding payment will be cleared according to the Terms and Conditions, as usual.
We would like to take the opportunity to thank you all your confidence.
Sincerely,
The Rent a Signal team
Keseluruhan
As of this writing I am one of the top performing signal providers at RAS. So far they have been fairly responsive whenever I have an issue. However, as I stated earlier, I am a provider and not a subscriber. That could be the difference. If anyone is interested, here is a link to my signal called "FCS S/R Price Action"
==> https://rentasignal.com/signal/view/36202
I have since created my own signal service, but continue to provide this signal to RAS because I have several subscribers there and I don't want to drop them.
Keseluruhan
I had some issues as well, RAS ratio was set to 0 for a long time (with over 2000 pips in profit), however they fixed it quickly after reporting, also one time I noticed my history was totally screwed up, 272 pips trade showed $2 profit..., my performance was recalculated wrong... but after reporting this, they fixed it quickly. Signals however work very well.
Keseluruhan
bad, bad, bad.
customer service sucks. the results are almost all flawed. FXCM's spreads are very high, while the results are based on the broker's spreads the signal provider
Keseluruhan
Equity Criteria and Open Drawdown is implemented - https://rentasignal.com/signal/view/36409
However, searching for strategies is still quite frustrating.
Keseluruhan
are you guys interested in 24/5 live chat customer support and 20% monthly consistent performance?
Keseluruhan
What I did not like about the service is that it requires the user's trading terminal to be running on their PC to receive the signals. Which for a person constantly on the go like me was quite a hassle to check all the time that was needed.
Keseluruhan
Prior to deciding which platform to follow, I tried also opening an account with Rent a Signal. What I did not like much is that there is monthly fee, that can go way above your predictions(ROI) as alonsoFX states above, and additionally the lack of demo for somebody to test the system. Moreover, personally I was repelled by the word hypothetical - it is all over the site...well not the best to see when you go to put your money into it, Correct, isn't it. 😲
Keseluruhan
I was one of their top 5 SPs before RAS stopped copying my market orders about a month ago It does copy my limit orders. Their support is very interesting...
I have about 20 clients who have never reported any slippage or missing trades like Zulu does, which is good. I hope RAS can fix the issue or help me to fix it so my clients can continue copying my trades and both RAS and I can earn some fees.
Keseluruhan
1) Simply dreadful, don't do it. First, look closely at the top performer to see if the pairs they are trading are provided by your forex broker. If they are trading some obscure pairs, chances are you won't be able to replicate that success. 2)Customer support is rude and I was told to "Read the Manual" (even though I did) to a couple of pretty standard questions. 3)After learning of the obscure pairs traded I requested a refund, only to be told I should buy another signal, then they would give me a credit for the first (but in the meantime they would cancel the first)? Stupid and confusing. 4) Lastly realize that Paypal does not offer refunds for their service. So they can promise you the moon and leave you with the tab. It cost me $100 to learn my lesson. Avoid Rent-a-Signal. I hope they enjoy that free $100 bill. They'll need it when they are out of business.
Keseluruhan
The monthly fee does NOT correspond to the monthly ROI!
Keseluruhan
Hello anacon,
I have been testing rentasignal web and I don't know where is the wizard that you say. And especially, why does it serve? Where can I set signals?
I don't know how much are you risking of your account, but I think that something is wrong in your risk setting. You only have won $29.48 in one week. And as I can see this week was a good week (most of positions are in green).
I imagine that when you have a bad week, you'll lose quite the gained in 3 or 4 weeks.
I don't know if this works well...
Keseluruhan
Hi everyone,
I also tried to test them some time ago but you had to pay a monthly fee per each signal, like collective2 and it was so difficult to connect their service to my MT4, so I didn't do. Now they are doing on other way, autotrading, where everything is done through their website. I am like a dummy but it was so easy, I don't need to hire VPS anymore, to connect to any MT4, all is done through their website. The bad point is that I had to open an account with FXCM, it is the only broker they support. I like so much their risk settings and its wizard for selecting signals. I am following a suggested portfolio and by the moment I am getting possitive result, small, but positive at least.
<img src="https://www.myfxbook.com/files/anacon/rentasignal.jpg" class="img-responsive dont-change-dark" loading="lazy">
I will keep you informed if it is a new crash or not.
Keseluruhan
Very dissapointed by technical support. As a signal provider i went through many technical issues during the period of last 13 months . Some took more than month to resolve , which hurts mainly signal subscribers . I see some improvement lately, but still not as happy with them as i want to be.
Keseluruhan
Slow and terrible customer support. No idea what they are doing.
Keseluruhan
They have poor customer service, their ea for executing order either lags or intentionally misses placing trades. I asked for refund, I got my money back.
Keseluruhan
Can you please provide some examples? Not reliable in term of what?
thanks,
SIM
Keseluruhan
Rent a signal is not reliable!😳
Keseluruhan
I'm trying to connect my trades to rent a signal, but the EA simply doesn't work. No matter how strict I follow their user guide. All other signal providers I'm testing worked well out-of-the-box. I don't think it is reliable enough.
