Best Forex Signal Providers and Trading systems
Table of Contents
The FX market offers many opportunities every minute to earn amazing gains . but on the other side one one wins other loose. it takes time to become a good trader and even seasoned traders will need help . one of the way you can help yourself is with a well-established, verified, trustworthy, and reliable forex signal provider.
these systems will give you the opportunities , it all depends on what you wan tot do with it but they offer the exact time and rate and order direction . there are many signal services out there and many do work , but some of them work in a way that even thou you are making profits the commissions nd spreads you end up paying to you broker pretty much eats up all the profits , this happens a lot with scalping lots and signals that just keep opening trades and slowly give you a profits over thousands of trades a day .
we do not advise to ever work with these kids of systems and signal providers as mostly they are serving the interest of the broker ( often are also owned by the broker themselves).
Are you investing or trading ?
so what type of services should you look at ?
here comes the biggest difference, if you look to trade or invest.
lest start with the investors and money managers , for those type of clients we do not look at a monthly subscription service that just seems to work. here you need history and a clear strategy .
these services are also more expensive or charge different.. think of the system that JP Morgan is using and this is the direction i am talking about.
now are these types of system available for retail clients?
some are most are not . the best one we know of is called GREENLINE.
Greenline Trading System is artificial intelligence (AI) empowered which trades via MT4/MT5 platform on your behalf, therefore providing you with the best possible results.
The Greenline Trading System is the culmination of 7 years of development by a team consisting of professional traders, coders, physicians, and mathematicians. It’s not only renovative and mathematically sophisticated – It’s truly a one-of-a-kind plug and plays solution for the future of trading.
No prior trading knowledge is needed. No complicated features to understand. All you got to do is activate – Greenline does the rest for you.
Historical data of the Greenline system shows consistently and continuously provide 5%-7% MONTHLY PROFIT.
now this does not say much when you talk about your $250 account
but lets say you have this system on your 2 millions dollar account. then this way you make over $100,000 on your money we very month and over 50% at the end of the year. this is where the real investors are at and they work with systems like this and Greenline is leading the pack.
Best Signal Service for hedge funds and money managers
|Trading System l Providers||Price||Signal Frequency||Results||requirements|
|1. Greenline||2% of Portfolio||15-20 per day||Verified||Minimum $50,000 account|
HOW DOES THE GREENLINE TRADING SYSTEM WORK ?
Algorithm-based trading using artificial intelligence empowered trading system.
Predicting the market movement only is possible when every scenario is foreseen and this requires big data and continuous analysis of current and past markets.
Multiple Platforms Compatibility
Signal and data transactions on the popular MetaTrader 4 and MetaTrader 5 platforms, banks, and brokers.
Multiple strategies concurrently in order to find the best trading opportunity.
Sign up and start. The moment the funds are in your account and you are connected to our API, the system will start instantly open trades.
Range of Markets
Multi-index trading for maximum payoff. All financial classes are included to take advantage of all opportunities.
ok now lets have a look at the systems that most people are suing , they are also good just different and will not attract the hedge funds, but are a good solution for the beginning traders.
if you look online then this is more or less the consensus as what the best services are . the order could be up for debate .
note we do not get any affiliate funds for any of these reviews so are unbiased
List of Best Retail Trading and Forex Signal Providers
|Forex Signal Providers||Price||Signal Frequency||Results||Strategy Adopted|
|1. Elliott Wave Forecast||14 days trial and later subscriptions. Starts $99.99 per month||15-20 per week||Verified||Trend Following / Blue Boxes|
|2. Learn 2 Trade||£35 per month||Between 3 – 5 each day||Verified||All strategies covered|
|3. MQL5||$20-$50 per month||Depends upon the provider||Verified||All forex trading strategies covered|
|4. Forex Signal Factory||Free||Over 15 each day||Available but disorganized||Not disclosed|
|5. FX Leaders||$39 per month||90 – 100 per month||Provided but diﬃcult to Verify||Mostly Technical Indicators|
1. Elliott Wave Forecast
the Elliot wave has reputation and that one is well earned.
Being one of the largest technical analysis firms in the world, Elliott Wave Forecast oﬀers a wide range of asset groups including Forex, Commodities, Crypto Currency, World Indices, U.S. stocks & ETF.
you should see this as professionals sharing their own strategies nd sending you their findings. it is less automated but is is thorough and solid. they are smore expansive but well worth it
2. Learn 2 Trade
One of the trusted forex signal providers, Learn 2 Trade is known to provide real-time market analysis, trending news, forex trading recommendations as well as ideas.
Learn 2 Trade offer their services in various premium plans where a user can choose among Monthly, Quarterly, Bi-annually, or Lifetime access account to get daily forex signals and daily forex analysis. If you are into investing in stocks do research and invest in best day trading stocks.
Being one of the best forex signal providers in the UK, Learn 2 Trade services begin from £35 and go up to £250 for a Lifetime Account.
- Price: Starting with £35 per month
- Signal Frequency: Between 3 – 5 each day
- Results: Verified
- Strategy Adopted: All forex trading strategies are covered
Being one of the most unique and diversified platforms, MQL5 is one of the major resources for Forex MT4 & MT5 platform users making it one of the best trading platform for forex. Its unique facilities include a Web terminal to provide a full-featured technical analysis platform, social trading facility, and an open marketplace for trading services like applications, hosting services, and others.
Putting more emphasis on performance instead of a stereotypical approach, allows any trader with forex trading experience to offer signals and solely judges the traders on the basis of their performance.
Such a unique approach provides users to experience a diversified network of traders globally.
As this is a competitive marketplace for traders to provide forex signal services, therefore every trader has a different price point for their services depending upon their historic success rate.
However at an average, the service price ranges between $20 to $50 for the majority of services and all the results claimed are verified.
- Price: Averaging between $20-$50 per month
- Signal Frequency: Depends upon the provider you choose as this is an open platform
- Results: Verified
- Strategy Adopted: All forex trading strategies are covered
4. Forex Signal Factory
Forex Signal Factory is one of the best free forex signal providers in the industry.
It is natural to doubt a forex signal provider with dependable services if not the best services, to offer these services for free and definitely can make you raise your eyebrows.
However, Forex Signal Factory has been in the market for the past 3 years and has gained a reputable position among traders.
Moreover, Forex Signal Factory is the best forex signal provider for beginners as you can get a first-hand experience of forex trading analysis without spending any money. Get to know about how to avoid one of the most common trading traps
Talking about the drawbacks, one of the major limitations of this forex signal provider is that the results are provided but are entirely unorganized. Therefore if you would like to verify their forex signals then it would be immensely challenging and require a lot of work.
- Price: Free
- Signal Frequency: Over 15 each day
- Results: Available but disorganized and diﬃcult to verify
- Strategy Adopted: Not disclosed
5. FX Leaders
Being a well-known forex signal provider backed by Smart Financial Traffic Ltd., FX Leaders provide forex signal alerts through multiple media like mobile, sound as well as email alerts.
FX Leaders follows a similar approach to that of other forex signal providers with free signal offerings and then charging for premium access.
Varied strategies are adopted by the platform by utilizing the most popular technical analysis tools like Support & Resistance levels, Fibonacci, Bollinger Bands, Breakouts as well as various oscillators and stochastic indicators.
When it comes to results, FX Leaders does provide a reference report every 6 months with all the signals as well as monthly gain or loss however none of these trades are verified.
Price: $39 per month
- Signal Frequency: Between 90 – 100 per month
- Results : Provided but diﬃcult to Verify
- Strategy Adopted: Mostly Technical Indicators
Get to know the list of indicators, which are very helpful and used by the majority of the traders in Forex Trading
so good luck and lets see what you can generate with these options