Is Forexero legit? Who runs it, prices and the public record

What is Forexero?

Forexero is a forex and gold signals brand. Each signal gives one entry price, a stop loss and three take profit targets in the first message. A free Telegram channel carries a selection of the signals, and the paid VIP channel carries all of them, with live trade management after the entry. Around the signals sit a member app, the Academy, free calculators and an optional Cloud Copier for MT4 and MT5.

Who runs Forexero?

Forexero was founded in 2022 by Chris, who has traded forex since 2014. He writes the Academy guides and the blog and runs the desk that posts the signals, as the About page sets out. The Cloud Copier Terms name the operating company, IMRB Media Ltd. Questions reach the team at info@forexero.com.

How much does Forexero cost?

• Monthly VIP: £89 a month, billed monthly.
• Yearly VIP: £540, billed once a year, which works out at £45 a month.
• Sponsored VIP: no subscription fee. You open an account with the partner broker, Vantage, deposit at least $500 into your own trading account, place at least 10 trades after joining and keep the account active. The Sponsored route is not open to residents of every country; the paid plans are.

All three give the same VIP signals and member access. Prices are in GBP, and there are no discounts or coupons. VIP includes the forex and gold signals, live trade management, the daily market direction, direct support and member pricing on the Cloud Copier, as the plans page lists.

Is there a free trial?

No. The free Telegram channel and the public record are the way to judge the service before paying. The channel needs no card and no registration and has no time limit, and the record shows every closed signal since 2023. Why we use them in place of a trial explains the reasoning and a two-week way to use them.

What is the free channel?

Forexero's public Telegram channel, with more than 75,000 subscribers. It posts a selection of the signals from the same desk as VIP, plus the daily market direction. VIP carries the complete feed, with every entry, stop and target, and the updates after each entry. Free and paid signals compared sets out what each one gives you.

Where is the record, and how is it scored?

Every closed VIP signal since 2023 is on the results page, with its pair, direction, entry, three targets, stop and outcome. Stops sit next to the wins, and the page updates as trades close.

• A signal is scored at the highest target it reached, in pips from the entry.
• A stop hit before TP1 is a full loss at the stop distance.
• A breakeven, 0 pips, appears only when the desk closes a trade at its entry and records it that way.
• The win rate is targets reached plus breakevens out of all closed signals, and breakevens are also shown on their own.

The figures are pips per signal, not account returns, and the methodology page sets out each rule. In October 2026, the latest full month, 90 signals closed: 68 reached a target, 10 closed at breakeven and 12 hit the stop, a win rate of 87% with 12 stops, for +10,192 pips. Forexero's results for October 2026 break the month down by market and pair.

What does the Cloud Copier do?

The Cloud Copier connects a Telegram signal channel you belong to, ours or another provider's, to your MT4 or MT5 account, and it runs in the cloud with no VPS or PC. It reads each message, rejects anything that is not a signal, sizes the trade by your settings and sends it to your broker with the stop loss and take profit attached. After the entry it manages the trade by the rules you set: how much closes at each target, whether the stop moves to entry, and an optional trailing stop. It acts on a channel's new signals and on its close instructions. A new channel starts in test mode, which lets you watch it before it trades, and every action is logged.

It is a separate subscription: £29.99 a month or £300 a year for VIP members, and £49.99 a month or £444 a year without a membership, for each connected account.

What does the Cloud Copier not do?

• It does not hold or withdraw money. Your funds stay with your broker, and Forexero has no withdrawal access to them.
• It does not act on other management messages or edited signals. Those are logged, and your own rules run the trade.
• It does not keep your trading password. The password is used once to connect the account, and the copier never posts from your Telegram account.
• It does not give investment advice. It is execution software that follows the channels and settings you choose.

Which accounts is the copier built for?

Your own personal trading accounts, on MT4 or MT5, at any broker that permits automated trading. The account you connect must belong to you. The Copier Terms, clause 3.6, exclude funded and prop-firm challenge accounts and any account subject to third-party trading rules. One subscription includes one account, and up to three can be connected, each with its own paid slot. The Copier Terms set out the conditions in full.

How do I cancel?

In the member app, open the membership settings and choose cancel; if you paid with PayPal, cancelling the recurring payment there works too. Your access runs to the end of the period already paid for, no further payment is taken, and VIP channel access ends automatically when that period does. The Cloud Copier cancels the same way and keeps your settings.

Purchases are digital and non-refundable once the VIP channel has been accessed. To cancel before entering the channel, email info@forexero.com first. The FAQ has both answers.

Does Forexero promise returns?

No. Forexero publishes no promise of returns, in pips, percentages or money. The record is a score in pips for each signal; a member's result on the same signal depends on the entry, the lot size, costs and how the trade is managed. Trading forex and gold carries a real risk of loss.

Sources

Read on 6 November 2026 from our own pages:

• The company and the founder: About, and the Copier Terms linked above for IMRB Media Ltd.
• Prices, trial, cancelling and refunds: the plans page linked above, Sponsored VIP, FAQ and the help centre.
• The record: the results page and methodology page linked above, and the October 2026 figures read from the live results the same morning, filed with the October article.
• The Cloud Copier: the copier page and Copier Terms linked above, the copier answers in the help centre and the copier parameters.