Forex Signals Providers: A Review
72In this article I will review three Forex signal providers that I use or have used in the past. Please note: I am in no way affiliated to these services and these reviews are based on my personal experience only.
Forex can be challenging if you have just started. The learning curve is usually steep, but if you are just in the middle of the climb, hang in there, there will be a reward in the end.
TradeWindowFX.com
TradeWindowFX.com provides forex trade signals for six currency pairs: USD/CAD, GBP/USD, EUR/USD, USD/JPY, USD/CHF and EUR/JPY. It also provides daily tips and recommendations on the European markets, on the 6GMT time zone. It is a very basic and straightforward service, and I would recommend it to traders who follow the exchanges during the first hours of the Eurozone.
I personally like the website, it’s intuitive and easy to surf. They use the “turtle” trading method, which turns out to be more profitable in the long term.
They now offer a free 7 day evaluation period and have a fee of 97$ for 1 year membership. The cool thing about this service is that they always use a trailing stop, letting the traders run until they reach the definite trailing stop. With this method, there will be more losing than winning traders, but on the long run the winning pips will be far higher than the losing pips.
Forex signals can be received in three different ways: email, SMS, or directly on the PC through their downloadable platform. Customer support is quite fast, but it is only provided via email there is no telephone or live chat.
All in all, it is a very basic service, the minimum a signal provider should give.
What I like:
• Notifications sent on the clock
• With a trial account it is possible to get familiar and evacuate the system before purchasing the service
What I don’t like: email is the only form of support provided
Rating 3 out of 5.
TradeFXPlus.com
This forex signal provider offers both a free and a monthly membership at 69.95$ per month.
To paying members TradeFXPlus will offer 5 minute signals everyday, from Monday to Friday at 13:00 UTC/GMT, for 4 currency pairs: EUR/USD, USD/JPY, GBP/USD, e USD/CHF. Also, in the website there is a section with the specific purpose of teaching strategies of money managing in order to maximize the gains and minimize the losses.
When you trade with TradeFXplus based on the signals they provide, trades can be placed and remain pending for 30 minutes from the time-stamp of the notification. This system is called set and forget, and subscribers are advised to lat the trades close automatically with gains or losses. If orders are not completed after 24 hours they have to be closed automatically.
Paying subscribers will also find a lot of information, like a forex eBook
What I liked:
- There are notifications for four currency pairs, avoiding confusion in the users
- Paying members have complete access to a lot of good and updated information about forex.
What I didn’t like:
- there are only for currency pairs
- there is no option for a cheaper monthly subscription
- there is only one notification per day, at 13:00 UTC/GMT, not suitable for users from all time zones
Rating 4 out of 5
Forexsignals.net
If it’s simplicity you are looking for, ForexSignals.net is your solution. You will receive notifications about when to buy, sell and how to choose the currencies: as simple as that! Limit entry order, stop entry order a stop-loss orders are provided very easily and clearly.
It is not very clear how this forex signal provider calculates these values, but the most important thing for the trader is that they work, and this is exactly the case of
At the moment this provider offers eight different types of signals, each of them contains information a number of currency pairs that goes from three to seven.
Depending on the types of signal of choice, notifications will be sent from one to three times per day. The signals related to currency pairs are updated twice a per day.
Forexsignals.net is has a monthly fee of 189$, which is way cheaper than other providers, and the amount of information and its accuracy make the price even more worth it. A 7-day trial period is also offered at 49$. The subscription is free if you already have an account with one of their preferred brokers.
What I liked:
• The website and the trading system in general is very user-friendly
• Very convenient monthly fee.
What I didn’t like:
• Customer support a bit slow
• There are no extra offered
Rating 4 out of 5.
Want to learn more?
Check out this hub for more Forex tips, and also this review of a very popular forex brokerage provider: ACM Forex
And if you are serious about this, get yourself a book and start studying,
Follow the experts
![]() | Amazon Price: $9.99 |
![]() | Amazon Price: $0.99 |
![]() | Amazon Price: $30.91 List Price: $60.00 |
![]() | Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market (Wiley Trading) Amazon Price: $32.55 List Price: $60.00 |










