Forex traders decide whether to buy or sell a currency pair at a given time based on the forex signals provided. 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. These signals are mostly generated manually by a human forex analyst or artificially intelligent trading system. Below are 6 best forex signals providers you can use in 2021:
1. Learn 2 Trade
|Signals monthly||3 – 5|
|Pricing||Free or various plans|
“The best signal provider I've ever tried…”
– Allison Williamsson
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. This provider is a UK-based Forex and Cryptocurrency platform that educates both beginners and advanced traders. The platform is user-friendly. It also offers 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.
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.
Learn 2 Trade has two different plans to choose from; Premium Signals and the Free Service.
Premium Signals Service
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 a 92% 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 start trading without any down-payment, 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
|Signals monthly||40 – 140|
|Pricing||$33 – $97 per month|
|Strategy||Technical Analysis &|
”Verified data by MyFXBook”
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 and are considered some of the best forex signals available.
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, but it also shows outstanding performance over the last 24 months. The data shows proven trade success over that period, which you can trust as a baseline for your trades' performance. If you’re looking for someone to help guide you through Forex trading from the early stages to your professional career, look no further.
There's three plans to choose from. All of the plans provide the same services but at different prices. The longer you bind yourself to the service the better price you'll get.
- Standard Monthly Plan – $97
- 3 Months – $227 (22% discount)
- 12 Months – $397 (65% discount)
|Signals monthly||40 – 200|
|Pricing||€39 – €79 per month|
|Strategy||Naked Trading Strategy|
FX Propulsion Strategy
Trend Surfing Strategy
”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.
Although they are not sharing any information on the success rate of their signals, we are seeing positive responses from the community that follows their forex signals.
Background in Forex
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. To get a discount on the best forex signals is rare so we are proud to present this bonus code to our readers.
- The Apprentice – 1-month access to forex signals
- The Committed – 6-month access to the trading room with signals
- The Professional – 12-month access to signals
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.
|Signals monthly||Varies on which user you copy|
|Pricing||FREE but spread fees will be added to trades|
|Strategy||Depends on the user you copy|
”Copy and trade easily on the same platform”
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%.
You can also get a demo account to try their trading platform out. In your demo account, you'll start with $100,000.
The fact is that eToro doesn't take any fees to copy other traders on their platform. It's completely free. However, you will be paying a conversion fee of 50 pips.
Ease of use
Using eToro is extremely simple and you basically have to do three steps to get started:
- Choose a trader
- Set an amount to copy
- Start copying!
5. Zero to Hero
93% profit in 208 days, confirmed by FXBlue
|Signals monthly||80 – 200|
|Results||(56.3% Trade win) Verified|
|Pricing||1 month $95 – 12 months $395|
|Strategy||Technical & Fundamental|
”Verified by FXBlue”
Zero to Hero FX Signals is a dedicated Forex signals service with impressive performance figures over the last few years making them one the best and reliable forex signals today. 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 that you can have confidence in their signals' quality.
Great reputation & performance history
Zero to Hero is very highly rated across the internet, with members keen to emphasize 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 is one of the very best Forex signal service available; with an 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.
6. Forex Signal Factory
”Only displaying successful traders”
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 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.
There are no plans for this forex signals provider like most of the previous providers previously mentioned. Instead, they offer their pips on 3 platforms; Telegram, Facebook, and Twitter.
This is our first free forex signal on the list that is ONLY there to provide signals and do have happy followers that have profited from using them. It's a higher chance that this group is using a bot to provide the signals, and we know nothing of its founders. With that said, using this provider is considered high risk, therefore use a demo account as you get started with these signals and move on to real money once you see that the trades are profitable on forex markets.
|Results||90% (Not verified)|
|Pricing||$250 – $2200|
|Strategy||AI & Neural Technology|
”Recently stopped providing forex signals, now referring to VFNT & Pipbreaker”
This forex signal provider has been around for over 10+ years and says they had astounding results of 85% success rate on their signals on average. Although, we can only guess that the 85% is for the paid plan and not the free one offered. They were trading 12 currency pairs with a precise target of when to buy and sell.
Their forex signals have been stopped and they are now referring their customers to use their VFNT and Pipbreaker service instead which is a more active approach to forex signals.
What makes WeTalkTrade stand out is its UI. It's an elegant and sophisticated look on their platform that makes it easy for forex traders to navigate their App and website. Oh yeah, they've got an app! It's unfamiliar to see forex signals providers create apps solely dedicated to their signals, but WeTalkTrade has surely delivered on this point.
The app is available on 3 devices; Android, IOS and a web application for Chrome browser.
On their app, you can also use their Economic calendar which displays different news for countries that have an impact on the currency pairs. They will also indicate the impact the specific news might have on the price.
It's called VFNT indicator, it's a new arrival the Velocity FInder AI-based tool and we found this when trying out their site and also talking to their support service.
According to a support agent from their website, their Premium signals have about 75% accuracy but the indicator has about 82% accuracy. Premium signals offer signals for only 12 currency pairs but indicator offers signals for all pairs. also, the indicator doesn't require a monthly payment. You can get it just by paying the one-time payment.
8. Pips Alert
|Signals monthly||15 – 20|
|Currency pairs||Not public|
”Signals from traders in the top 4% in the world”
A team of 15 traders has a combined 98 years of experience in the Forex Marketplace, creating this forex signal platform. According to their website, these traders are a part of the top 4% of traders globally, which almost sounds too good to be true. With that said, we cannot confirm whether that statement is true.
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.
Pips Alert is focused on long-term gain instead of short-term as many other forex signals providers. They aim to build ”true wealth” and believe that there's no way to reach this without thinking long-term. That's something we at Learnworthy can stand behind.
Their customer support is friendly, and you'll be treated as ”one of the family” when using this service. They will also help guide you towards the long-term success we previously touched upon.
Pip Alert has two teams; Venture X and Investor X Signals. They both deliver the same amount of signals and cost the same, but the teams are different so do some research on the teams before choosing one.
- 30-Day Trial – with their trial you'll be able to tryout Pip Alert's service at a cost of $1 for a 30-day usage.
- Venture X – 15-20 signals per week. Has been the top-performing team lately. Their focus is not surprisingly long-term signals but they do provide both long-term and fast positions.
- Investor X Signals – 15-20 signals weekly. They are said to have a stellar record and to have above 100+ traders trusting their signals every month.
|Results||Varies on pick|
|Pricing||$30 – $50|
|Strategy||Human traders & AI|
”Automated forex trading”
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. This is basically copy-trading, just like eToro, and it offers the convenience of paying a small fee to sit back and let a more experienced trader do the job for you.
MQL5 has been around for ages and is a very trusted platform. Here you will be able to find both human traders and AI bots to copy and profit from.
There's a lot to choose from with traders from just a few percentages in profit to traders with more than 1000%. Something to think about is that altough some profiles might show incredible gains, they might be extremely risk prone and you can end up loosing all of your money.
Pricing varies on the strategy and trader you choose, but most of the prices lie between $30-$50 per month and are charged per day. So copying someone with a $30 monthly fee, you'll be paying about $1 per day.
10. Forex School Online
|Results||81% Win-rate (Not Verified)|
”A platform for those that want to learn”
Forex School Online has the most effective way for you to trade with the use of their daily Forex Signals.
They are a UK-based Forex & Analysis hub, their offering is bolstered with daily analysis of the market, so you can keep abreast of the economic landscape, quickly and easily from your phone.
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.
The forex signal service has an 81% Win Success Rate and gives an average monthly gain 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.
Forex School Online VIP
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 it's 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.
They've got a free Telegram group for you to join and here is what is included:
- Price Action Course – This helps both novice traders and traders in training alike, offering you a clear path before you start your trading day!
In the 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 where 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 deposit 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!
What Are Forex Signals?
Forex signals are buying and selling suggestions based on information made by either experienced forex traders or Artificial Intelligence. These are brought to you to get an insight into the forex market and help you make the decision of when to buy or sell a currency pair in order to make a profit.
Here's what a forex signal does in a nutshell:
- Determine which currency pair to trade
- When to buy
- When to sell
- It shows how much profit you can make from the trade
- How much you can lose using a stop-loss
As touched on earlier, forex signals can originate from two different sources, AI and human decisions. MQL5, for example, has the option to get signals from a mix of these. Whereas a human trader follows an AI and makes small och big chances to what the robot has given as a recommendation.
Artificial Intelligence is a robot that is coded solely to make decisions on the forex market that has historically been ROI positive. An upside with this is that there's no emotion involved and decisions are made quickly. There are some forex robots that run on an algorithm that is not AI. This robot does not learn and gets better at decision-making compared to an AI robot.
Human research is done by experienced veterans who have made a living on forex trading or worked with forex for a big part of their lives. If the provider you choose uses human research, try to find out who these people are and see if they have good credibility before you trust them to make investment recommendations for you.
What a Forex Signal Looks Like
Most of the forex signals look the same and includes five informational points that'll display the action you should make on a particular trade. Pair, order, entry, stop-loss, take-profit is what you'll see and this is what a signal might look like:
- Pair: CAN/EUR
- Order: Buy Order
- Entry: 1.421
- Stop-Loss: 1.402
- Take-Profit: 1.578
Some providers signals might differ from others but all of the information as displayed in the example above should be included.
A forex signal should show you all the necessary information to successfully make an informed trade.
Key Metrics for a Good Forex Signal Provider
There's a lot of good forex signal providers out there today, but there's also a lot of bad ones. Therefore it's good to know what to look for in order to distinguish the good from the bad. From reviewing over 50 forex signals to come up with this top 10 list, we've looked at seven major factors to rate these providers fairly and unbiased.
Perhaps the most important factor of them all, success rate. The main reason you're looking for a signal provider is to make a larger profit than you can by yourself or that you simply don't have the time to spend in order to make profitable trades frequently.
A high success rate of trades translates to a high profit percentage, and therefore this is something that we've taken very seriously while reviewing the signal providers.
A lot of sites don't reveal their success rates but we've been able to find and confirm rates of 50%-93%.
Signals delivered per day
This varies a lot depending on which provider you go with but the most common along the best forex signals is 1-3 signals daily.
Some offer up to 10 signals per day.
Signal delivery time
You must have enough time to execute on the signal provided. Therefore, you'll want to receive the signal as early as possible to be able to jump in at the Entry price.
Some providers brag with high success rates but has late delivery times which leads to few people being alert enough to jump on the trade.
Experience from the team
Always look up who's behind the signals to make sure that you're receiving recommendations from credible people within the field. Pips Alert, for example, has over 98 years of combined experience within forex trading and some traders that are seen as the top 4% in the world.
This is the type of teams you'll want to have behind the signals you will be following in order to comfortably make your trades.
Even if the provider is using an AI trader or some algorithm, you'll want to make sure that the people behind this have good knowledge of the forex market.
Positive (or negative) reviews
This ones a no-brainer. Checking the reviews essentially shows you what previous or current customers experienced and think. of the service overall. Here you might find out things that their website might not be telling you. They might have a great track record of trades but an awful customer support which drastically decreases the experience you'll have.
Make sure to not only look at reviews from their own website as they most likely will display only the positive ones. Go to sites such as Trustpilot and articles just like this to get an outside perspective.
Some sites may have a ”high” price, but they also know what their service is worth. 100pipbuilder can charge up to $97 monthly for their forex signals service, which might seem high at a start. But as you dive deeper and see that they have a 93% success rate (which we've also verified), then you'll most likely profit a lot more than the recurring fee each month.
Some signals providers are totally free and are available through groups on Telegram and Facebook, etc. We recommend that you are cautious with following these signals blindly and with a lot of money as they are usually less reliable.
There's a total of 27 currency pairs in the forex market. Some sites like ForexSignals offer all of these but usually, forex signal providers offer the biggest currency pairs which are about 18 different pairs.