There is no doubt Forex signal providers are a massive boon for traders of all levels alike. But what’s challenging is figuring out which provider is legit and reliable and whose service to sign up with. Thanks to the uncountable FX signal providers available in the market. It is crucial for traders to do their research before signing up with a provider because there is no denying the fact that the majority of the signal providers are scams or not reliable enough. And with real money on the line, you don’t want fall prey to scams. During your research do not miss checking out the forex signal providers ranking, which is helpful as well. Especially when the best Forex signals are meant to help you carry out profitable trades with trading suggestions and tips after scanning the market on your behalf.
Keeping that in mind, let us look at the best Forex signals providers that are presently providing their services online in the year 2020.
- ForexSignals.com: This platform has one of the greatest reputations in the Forex signals world because it can do a lot more than send mere signals. ForexSignals.com is here to not only send the best FX signals but educate users with all things related to Forex including the knowledge that will help them find signals on their own someday. This provider is simply suggesting that other people’s tips and signals will only get you so far and will not get you long term results. ForexSignals.com encourages its users to educate themselves on how to analyse the FX markets themselves so that they can soon start to bring into play their own Forex trading strategies.
What’s unique about ForexSignals.com is its approach to other providers in the space. Since the platform houses expert traders that each release their own suggestions and signals, users get to follow an expert of their liking and then act on their respective FX signals.
- eToro: eToro is an online broker that offers a wide range of financial instruments including Forex, cryptocurrencies, hard metals, energies, stocks, ETFs and so much more. This signal provider takes a rather unique path. It offers a feature of automated copy trading which is basically that their subscribers have the permission to choose a seasoned FX trader and the copy their trades entirely, as is.
So all a subscriber has to do is find an experienced trader of their liking and then they can opt for copying all future trades. This feature is best profitable for people who wish to trade in the Forex world and enjoy the perks of Forex signals but hardly have the time to act on every signal received. Nevertheless, eToro is heavily regulated with licenses with ASIC, CySEC, and FCA.
- Daily Forex Signal: Do you need some of the best Forex signals directly landing into your phones? Then Daily Forex Signal is your go-to. It is a mobile app-based Forex signal service provider where users are provided with all of the necessary entry and exit prices to act on the suggestion in real-time, as and when the signals are sent. This information also includes the suggested stop-loss price needed to tone down your losses.
To top all the perks of Daily Forex Signal, users obtain 2 take-profit targets. When you opt for the lower target you will be prone to lesser risk while chasing a smaller profit margin. Similarly, when you opt for the higher target it allows you to earn more money but the risk is more as well. This implies that this platform is designed for all groups of traders with distinct risk profiles.
- Learn 2 Trade: Learn 2 Trade is a reputed fully-fledged FX signal service provider that is UK based Forex and cryptocurrency education platform. It was formed to offers a wealth of guides on all trading related things. Its services are dependent on the capabilities of AI and machine learning to scan the FX market day through night.
Learn 2 Trade is able to provide its subscribers with trading suggestions as and when the algorithm spots a potentially profitable opportunity which includes minor and major FX pairs and a selection of digital currencies like Bitcoin and Ethereum. This provider sends FX signals via Telegram to their subscribers.
The above-mentioned are just some of the best Forex signal providers ranking high in the year 2020. Finding Forex signal providers you can trust is just as important as doing research on things like essential oils, which you consume, and it is important to do your homework. Always remember different Forex signal providers will suit you differently, so do your own researches on all of these best FX signal providers as well to get appropriate services and profitable signals.