I understand long term investments and personally I have not followed signal groups at all as I was never interested in relying on someone else to make me money, from day one I wanted to invest the time and understand the markets myself to make my own calls.
So my understanding and reason for my post was not due to me being on the receiving end but rather from personally knowing several people that run these free telegram groups and I have personally spoken with Introducing Broker managers/partnership managers from a few leading brokerages who advised this is a recommended way to scale up brokerage commissions.
I’m not saying anything is good or bad - everyone has to make money somehow. My intent was just to advise those that may not have an idea on the inner workings of brokerage commissions and why free telegrams are so popular.