Forex traders decide whether to buy or sell a currency pair at a given time based on the forex signals. Basically, forex signals help traders to identify the right trading opportunities at the right time. According to Wikipedia, a forex signal is a suggestion for entering a trade on a currency pair, usually at a specific price and time. Most of the signals are based on the analysis of technical indicators. Forex signals are sent to a trader by service signal providers. Most of the time these signals are generated manually by a human forex analyst or artificially intelligent trading system. Below are 6 best forex signals providers you can use in 2021:
*Updated in 2021*
1. Pipbuilder.com – Best overall (verified data)
1000pipbuilder.com is backed by over ten year's worth of experience in Forex trading. That experience has been distilled into a service that offers users daily Forex signals for all time zones. These signals follow real world trades, and they’re backed by the experience of people who have been trading for years.
Forex trading is difficult, and 1000 Pip Builder works on the premise that you need the right kind of assistance, through their signals, in order to make valuable trades and avoid any mistakes that could cost you dearly. The company’s drive is to help you become successful, both through following their Forex signals and with their support by your side at every step. You’ll always feel like you have backup when you’re making a trade, because 1000pipBuilder will be there for you when you need them.
Not only is their data independently verified by MyFXBook, it shows outstanding performance over the last 24 months. The data shows proven trade success over that period, which is something you can trust as a baseline for the performance of your trades. If you’re looking for someone to help guide you through Forex trading from the early stages to your professional career, look no further.
2. ForexSignals.com – The best Forex Signals Provider based on happy traders.
ForexSignals.com is one of the most well-known and highly regarded forex education brands out there. Established in 2012, their slick and easy-to-use trading room has a community of thousands of active traders in the room every day.
You'll find four experienced trading mentors with over 80 years of experience between them. These guys trained and worked in the trading pits, so they know what they are talking about! Inside the trading room, they host daily live streams where they will give you market analysis, trade signals and answer your questions in real-time.
Inside the room you'll also find hundreds of easy-to-follow educational videos that you can pick up new strategies from. You can also attend their workshops to help you develop your trader mindset – this is perfect for the traders amongst us that constantly burn through strategies! You can even have private sessions with the mentors if you want, ideal if you need some focus and motivation.
Hundreds of trade ideas are shared every month between the mentors and the community in the room, and you’ll never have to trade alone again as there is always someone eager to help you or chat with you.
They offer a free trial so you can check out the trading room before you commit, if you click the button below and use the code WORTHY you'll also get 10% off any of their membership plans.
Definitely one to check out if you're serious about perfecting your forex trading. They’ve got thousands of 5 star reviews on Trustpilot to prove it!
We reached out to Forexsignals.com and asked them why they thought they were the best for traders and they gave us this video as a reply and the unique discount code.
3. Zero To Hero – Verified by FXBlue
Zero to Hero FX Signals is a dedicated Forex signals service that has had very impressive performance figures over the last few years. Unlike other Forex signal providers, they focus on only a handful of FX pairs. This allows them to get a deeper level of insight into the Forex pairs that they do follow and enables them to trade with very high precision. Importantly, their results are independently verified by FXBlue so you can have confidence in the quality of their signals.
Zero to Hero is very highly rated across the internet with members keen to emphasis the high level of support and mentoring that they have received. The service is aimed at an international audience so signals generally come throughout a 24 hour period. Delivery of signals is provided through SMS, Email and Telegram app.
Overall, this one of the very best Forex signal service available; with a impressive (and verified) performance history, and very high user ratings. The additional support provided to members also makes this service stand out as a truly excellent choice for any aspiring Forex trader.
4. ETORO – Copy Trading
Maybe you have seen this ad before, “Trade like a steve”. It's all about copy trading and even though this video is quite funny, it's a great feature where you can follow verified top investors with great records and get buying signals from them or even just copy their trade automatically. Etoro also states that the top 50 most followed traders have historically a yearly average profit at 29.1%
5. Learn 2 trade
Learn 2 Trade is one of the best Forex Signal Providers offered today and offers, among other things, chart analysis, market trends, and signal delivery through a telegram. Learn 2 Trade is a U.K. based Forex and Cryptocurrency platform that educates both beginners and advanced traders, the platform is user friendly and it also offers a 24/7 customer service to answer any questions you may have. Another positive note with Learn 2 Trade is that their signal service is based exclusively on technical analysis.
Traders get offered a Premium Signals Service from Learn 2 Trade that comes with a cost, which gives you 3-5 Signals per day, and these cover Crypto, Commodities, Indices, and Forex. The Premium Signal Service has an 82 % Win Success rate and gives an average monthly Gains of 30-40 %. The monthly cost goes down if you choose to pick a more extended plan, and if you select the six-month program, the monthly cost goes down.
There is also a Free Service offered that gives you 3 Free Signals per week, have major, minor and exotic covers, and you do not have to enter payment or card details to use this service. This Free Service allows users who are new to Forex Signals to use their service without risk and there’s no rush to upgrade to the premium service.
Traders that open an account with the broker that Learn 2 Trade recommended and deposits with them, get a Free one-year subscription
Learn 2 Trade is a unique site and is better than most signal providers with a score of 92 % of success. The team behind Learn 2 Trade is genuinely dedicated to its users to provide the best platform around and have an excellent reputation today. To learn more about Learn 2 Trade and start using their service click the button below.
5. Forex School Online
Forex School Online has the most effective way for you to trade with use of their daily Forex Signals.
Forex School Online is a U.K. based Forex & Analysis hub, their offering is bolstered with daily analysis of the market, so you can keep abreast of the economic landscape, quick and easily from your phone.
They also offer access to their famous Price Action course for free when you join the telegram group. This helps both novice traders and traders in training alike, offering you a clear path, before you start your trading day!
When you start using the platform you start to see why they have laid it out in a very specific way, which makes it intuitive for the user. With their 24/7 support you’re put at rest as you have someone to reach out to if there are any problems.
Traders that want to turn their passion in trading, from a hobby into something that can grow over time, take advantage of the Forex School Online VIP service.
This service supplies the signals to go with the analysis from the free group. The great thing about the signals from Forex School Online is that its just based on price action.
No difficult indicators to understand, which makes the process easy and simple for even novice traders to follow the steps.
The forex signal service has on 81% Win Success Rate and gives average monthly gains of 29-38%. The monthly cost goes down if you choose to upgrade to yearly billing. Making this one of the cheapest signal services on the market today.
In the free telegram group, you get all the analysis and access to the beginner Price Action course.
You can use this analysis with your current trading strategy, or you can learn how price action can make your execution timing so much better. By understanding when and were to place the trade, based on price action alone. Allowing the trader to get into the position before the street pushes the trade to the inevitable target.
Traders that open an account with a Forex School Online, trusted broker and deposits with them, gets Free lifetime access to the VIP group & Signals.
This also grants you access to the Advanced Price Action course.
The Forex School Online is a new and different way to start trading the market with the help and guidance of an expert trader, which will help you to finish in the green consistently!
Forex Signal Factory
Forex Signal Factory team has done a good job throughout the three years of operating. It is completely free and a great guide to assist with manual traders looking for quality entries. It is not easy to find a free good forex signal provider in this market with a lot of competition but Forex Signal Factory is one. Now they might not be the most reliable alerts but they are free.
Darwinex offers access to a wide variety of instruments. It is considered to be a safe forex signal provider. It operates from 2012 and it is based in the United States. It is very easy to access and it is funded in three different currencies – USD, EUR, GBP. It is characterized by great guides and excellent customer support. Furthermore, it provides free historical tick data, free demo, low interbank spreads, etc. The downside of Darwinex is that you have to use their in house broker in order to follow the signals.
A team of 15 traders has combined 98 years of their experience in the Forex Marketplace creating this forex signal platform. An interesting thing about Pips Alert is that they believe that charts and analyses are not necessary for their trading services. Trades can be accessed via the online dashboard platform. The downside of this platform is that the trading results they provide are not up to date. Therefore they need to do a better job when providing trading results and trading strategy information.
This platform is filled with a unique network of traders that are judged only by their performance. MQL5 allows anyone that has forex trading experience to provide signals. Also, it provides verified trading results and traders can filter through the potential signal providers based on their results alone. Therefore, if you have the trading experience you probably should go with this forex signal provider.