Compare the best forex signals providers in 2023
Introduction
Forex signals are instructions on when and how to trade the most well-liked currency pairings in the globe. Utilize this website to compare the top platforms and discover all there is to know about how these signal providers operate.
Best forex signals providers 2023
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3 Commas – best forex signals provider overall
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PipsAlert – best forex signals platform for beginners
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Mindful Trader – best forex signal provider with professional expertise
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Zen Trading Strategies – forex signals for the widest range of currency pairs
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Trade Santa – best forex signals for automated trading
1. 3 Commas – best forex signal provider overall
A forex signals service called 3Commas will provide you trade ideas and recommendations. You can sign up and use a restricted service for no charge for a certain period of time, giving you access to free forex signals, or you can enrol in one of its monthly subscription plans to gain full access to the trading signals.
Before signing up for one of the more expensive alternatives, you may test out the forex signals platform with the starter pack’s basic features. Between packages, there is a great deal of freedom that enables you to adjust the signals according to your needs.
In terms of assisting you in getting started and the flexibility it offers you to select and modify a trading strategy to fit your needs, we determined that 3Commas offers the greatest overall service. Only expert traders should choose the most expensive, $99 per month option; however, more casual traders may prefer any of the other price points.
Pros
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Forex signals for beginners, free
Plenty of flexibility in signal configuration
Can be utilized for both forex and other assets.
Cons
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You must sign up for an annual plan to obtain the lowest discounts.
2. PipsAlert – best forex signals for beginners
PipsAlert is a fantastic tool for receiving forex alerts while learning about the market. To get you started, it provides a tonne of instructional resources, including a free training course. The classes are an extra benefit, and signals are a great method to learn various trading tactics.
You may view and get signals on the trading dashboard of the PipsAlert forex signal service once you register with it. If you use MetaTrader4, you can copy all of these into that programme and execute the transaction because they are all given in a format that can be easily copied over to trading software.
Each trade includes entrance and exit points as well as additional learning materials. The only negative is the price; even the most basic signals platform costs $40 a month, but if you’re serious about learning to trade forex, it’s worth it.
Pros
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No cost trial account
Totally free training
Appropriate for long-term trading
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Cons
Packages can be quite pricey.
3. Mindful Trader – best forex signal provider with professional expertise
A true forex trading specialist conducts the research and generates the trade ideas for Thoughtful Trader, a trading signals service. The platform’s creator, Eric, tested all the trading strategies that were used to create the code.
It differs from many other signal services, which can often feel a little remote and automatic, thanks to this human touch. You may use Mindful Trader’s wealth of information on previous performance to backtest the service before you use it, which is a comforting presence.
As a result, you may trust the platform without having to test it, which helps to make up for the lack of a demo account. There isn’t the same kind of freedom offered by other signal services because there is only one membership plan, which is fixed at $47 per month.
Pros
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Behind the platform, on people
Verifiable past performance
Cancel at any time; there is no commitment
Cons
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No starting pack with a lower price and no demo account
4. Zen Trading Strategies – forex signal provider with widest range of currency pairs
An extraordinarily extensive source of forex signals is Zen Trading Systems. It may provide indications and trade alerts for over 100 different currencies using a wide variety of various trading strategies.
We discovered Zen to be one of the top forex trading signals providers available in terms of the service it gives, despite the website and platform initially being a little perplexing. It’s practically unmatched for forex lovers who want to trade exotic currency pairs in addition to the more popular ones.
Although the annual subscription fee is high, you may opt for a two-week free trial to try out the service before you sign up. If you wish to be an active trader, the annual plan does work out to be a big savings over the monthly subscription.
Pros
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A complete forex signals service that is effective with hundreds of currency pairs
A wealth of educational resources
Choose signals from a variety of tactics.
Cons
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Inexpensive to enroll
A website could be a little intimidating.
5. Trade Santa – best forex signal provider for automated trading
A forex robot-like automatic trading signals service is called Trade Santa. Once you’ve established the criteria, the signals service leaves to look for trading possibilities. When it does, Trade Santa conducts a deal on your behalf and sends you a currency signal.
Although the platform was made to operate with cryptocurrency signals, it may also be utilized to find FX trading signals. It’s simple to register and start your initial signals, and the Trade Santa algorithm can handle the majority of the remaining work after that.
You can choose from one of Trade Santa’s three subscription packages starting at a very affordable $15 per month for a basic package. In comparison to the competitors, even the most expensive subscription, at $35 per month, offers outstanding value.
Pros
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Extremely reasonable price
