If you know much about foreign exchange trading, you probably understand how much of a challenge executing a profitable exchange can be.
Determining when and how much to exchange involves a great deal of research, complex statistics, and technical analysis that not everyone is keen about. Unfortunately, most traders end up losing money on currency pair exchanges simply because they do not understand the market.
However, when executed correctly, foreign exchange trading can be a profitable, lucrative hobby. One of the best ways to increase your forex success rate is to take advantage of forex signals—informed recommendations about exchanges. You can find dozens of forex signal providers across the internet, but determining the right one for your needs may feel a bit overwhelming.
We’ve reviewed the top four signal providers to help you find the best forex service for your trading behaviors, budget, and experience. Read ahead to learn more about the best forex signal providers and how you can use these informative signals to your advantage.
Best Forex Signals Providers in 2021
#1 Learn 2 Trade: Most Accurate Forex Trading Signals
Learn 2 Trade is one of the best forex signal providers on the web. Based in the United Kingdom, this trading signal and education platform provides a wealth of insight into forex trading, crypto, stocks, and other financial products.
Learn 2 Trade sources its trading signals from professional traders who have over 15 years of experience in the FX market. These traders develop automated forex signals creating well-rounded, informative trading suggestions based on:
- Fibonacci retracement levels
- support and resistance levels
- trends such as the Elliott wave
- Bollinger Bands
- moving averages
When you receive a forex signal from this platform, it will contain six pieces of valuable information: currency pair
- market data
- entry prices
- stop-loss prices
- take-profit prices
The company sends up to ten signals each day depending on your membership level, and you can receive your signals in real time through Telegram.
This forex signal provider offers two membership levels: free or VIP. If you’d rather not pay for a membership, you can take advantage of the company’s free Telegram group. This membership tier provides:
- three signals per week
- exchange entry prices
- alerts about economic events
- daily technical analysis data
However, to receive the best benefits from this service, you’ll want to pay for a VIP membership. VIP plans include three to five forex signals per day with a 76% success rate, along with suggestions about how much you should risk per trade.
Learn 2 Trade also allows traders to open an account with one of its partner brokers. The forex signal service connects traders to brokers such as AvaTrade, LonghornFX, and Capital.com, streamlining the forex trading process.
Learn 2 Trade’s current success rate on winning trades is 82%, making it one of the most lucrative signal providers we have found. Additionally, your VIP membership comes with a 30-day money-back guarantee that allows you to test out the provider’s services risk-free.
Overall, Learn 2 Trade is a trustworthy, reputable forex signal provider and trading platform that offers a range of helpful features to assist you through the forex process.
#2 1000pip Builder: Best for Beginners
1000pip Builder is an established provider that has been producing forex signals for several years. This service provider offers detailed guidance about the signal trading process, allowing beginners to jump in and begin trading with confidence.
1000pip Builder sends its forex signals through email, Telegram, and text message. Each signal includes entry, stop-loss, and take-profit prices, so you can know exactly what you serve to gain or lose before executing an exchange. This forex signal service delivers bare-bones, “pure” signals, so you can use its professional recommendation as you see fit.
Once you create an account, 1000pip Builder will send you detailed information about how its signals work and how to start trading forex. The company advertises that its services are perfect for beginners as it walks you through every step of the trading process to ensure that you utilize its signal information correctly.
One of this provider’s best selling points is its partnership with lead trader Bob James. Bob has over ten years of mentorship and forex trading…