If you’re a trader, you already know that in order to be successful, you have to be efficient. You have to have the best tools and skills that you can get your hands on. And if you’re just starting out, it’s an especially uphill battle.
For this reason, we’ve compiled this list of the best apps for forex signals. These apps will keep you up-to-the-minute on the latest trends and news so that you can make more money in less time.
As you’ll see, some of these tools are free while others require a subscription. We’ve included a review of our favorite paid app as well as a list of our top three best free apps.
Best Apps For Forex Signals
Want to jump straight to the answer? The best forex broker for most people is definitely FOREX.com or CedarFX.
If you’re based in the United States and want to find the best forex signals, you can generally distinguish between using key factors such as cost, strategy, results and frequency.
Read on for more information about forex signals and to check out Benzinga’s picks for the best free and low-cost forex signal providers. Searching for simple tools that help you make informed choices is the duty of every investor. No matter how much money you make every day or long you’ve invested, there’s always something new to learn.
Table of Contents [Show]
Best Free Signal Providers
Take a look at the forex signals that made the list.
- Learn 2 Trade
Learn 2 Trade delivers forex trading signals, real-time market news, trade ideas, market analysis, trade recommendations and more. The platform supports traders worldwide with insights on major commodities, crypto and currency pairs.
It offers 2 forex signal options: a free service and a premium subscription plan. No matter which plan you choose, Learn 2 Trade’s automated technology will run advanced technical analysis on most major and minor currency pairs, along with some exotics. Once a signal has been identified, you’ll be notified via the Learn 2 Trade Telegram group.
Learn2Trade
Best For
Advanced Technical Analysis
Overall Rating
GET STARTED
securely through Learn2Trade’s website
- FOREX.com
Clients of FOREX.com, which is arguably the best forex broker based in the United States, have free access to the broker’s Advanced Trading Platform tools, which provide trading signals you can use to enter and exit trades, such as Pivot Points.
The broker’s Autochartist tool automatically scans the forex market to highlight trade opportunities you can use as trading signals. It identifies chart patterns that occur in the markets you prefer to trade. It also gives a forecast of what could happen next based on the traditional technical analysis interpretations of those patterns. This is based on how they resolve when trigger points are reached under certain conditions.
FOREX.com also offers a free Recognia technical analysis portal that makes it easier for you to plan trades. It displays short term trading opportunities based on pivot points, support and resistance levels and a diverse range of indicators that technical analysts use.
It gives you a clear and detailed reason why the trade makes sense and even proposes alternatives if market conditions change and displays the trading opportunities on charts in a visual manner.
FOREX.com
Best For
Forex Investing
Pairs Offered
80+
GET STARTED
securely through FOREX.com’s website
More Details
- ForexSignals.com
ForexSignals.com claims if you’re serious about forex, you need more than just signals. And ForexSignals.com can deliver a vareity of tools to help you make it as a forex trader.
It deliver daily signals from professional mentors. You can tune into the live stream every day, and copy ForexSignals.com trade ideas and get pro feedback on every move.
Best of all, it’s Trading Room means you never have to trade alone again. The Trading Room is full of thousands of forex traders you can communicate with.
- 1000pip Builder
1000pip Builder is one of the best Forex signal providers available. They have a long history of providing high-quality Forex signals and have reliably performed in the most challenging market conditions. The key benefit of 1000pip Builder is that they can prove their performance with independently verified historical data. Very few Forex signals services can provide this but 1000pip Builder have such confidence in their signals that they have MyFXBook tracking their FX signals. This verification means that you too can have confidence in the signals that you will receive.
As an established Forex signals provider, 1000pip Builder have built a very loyal following over the years and are highly recommended by their members. There are numerous user and expert reviews across the internet. As well as the high performance of the signals, members are often impressed by the one-to-one support that they receive from the lead trader, Bob James. It is this additional support that has enabled members to not only benefit from the signals but also significantly improve their own trading. If you are serious about advancing your Forex trading then we believe 1000pip Builder is best place you can be.
1000pipbuilder
Best For
MyFXBook Tracking Verification
Overall Rating
GET STARTED
securely through 1000pipbuilder’s website
- MQL5
MQL5’s signals page is one of the main trading signal resources for traders using the MetaTrader 4 or 5 trading platforms. The site offers a large roster of signal providers who are individual traders you can copy automatically in real-time using your MetaTrader trading platform.
MQL5 allows just about anyone to provide trading signals, which might put off some potential users of the service since it is unfiltered. Still, each trader’s performance is evaluated and rated with respect to their return on investment (ROI) over time, number of trades within a given time frame (trading frequency) and the maximum drawdown experienced in their trading account.
In addition to the wide range of diverse strategies, the MQL5 market verifies all of its providers’ trading results, which other forex signal providers may be reluctant to disclose.
The site also provides software to filter the numerous traders by many variables such as ROI, maximum drawdown and net profit. You can do your own filtering to select the best performing traders to copy.
While the service itself is offered free of charge, to get signals from individual traders, you must pay a signal fee of $20-$50 to most of them, although some star traders do ask as much as $500 for their signals.
100 accurate forex signals free
- Learn2Trade – Overall Best Forex Signals Provider – Join Now
Our top pick when it comes to forex signals is Learn2Trade. Learn2Trade’s signals are provided by professional traders, each with 15+ years of trading experience in the financial markets. Thanks to this, the win rate of the signals is very high, currently sitting at 76%.
Learn2Trade’s signals service will send between 3 to 5 trading opportunities to your phone every day, ensuring you don’t miss any significant opportunities. Each signal comes with entry, stop-loss, and take-profit levels – which means all you have to do is go ahead and place the trade. Learn2Trade even offers a free signals service whereby you get three signals each week, allowing you to try on a smaller scale before transitioning to a paid plan.
Best Forex Signal Provider
The monthly cost of the paid plan is £35; however, you can get a sizeable discount if you purchase a semi-annual or annual plan. The great thing is that Learn2Trade are currently offering lifetime access to their VIP signals group if you sign up and deposit with one of their partner forex brokers, which is a great way to save some money.
Pros:
3 x forex free signals per week
The premium plan offers 3-5 forex signals per day
30-day money-back guarantee
The underlying technology scans the forex markets 24/7
Receive signals in real-time via Telegram
Trade forex without needing to perform any research
Great reputation in the UK forex signal space
Cons:
You will need to act on the forex signal as soon as it arrives to ensure you do not miss the opportunity
Visit Learn2Trade Now
There are no guarantees that you will make money with this forex signal provider
- PriceAction Forex – Leading Telegram Group with VIP Forex Signals
PriceAction Forex Ltd. is one of the leading Forex signal providers on Telegram. This
signals provider provides 6-8 profitable forex signals per day and gains nearly 2000
pips monthly.
PriceAction Ltd creates its market analysis based on Smart Money Strategies from
the daily price action. It posts detailed technical analysis and explanations on their
Telegram channels regularly via voice-overs and videos.
From our one-month experience on its VIP channel, we have received exactly 56
forex signals and pulled in 1569+ profitable pips. We also tried out the PAFX Copier
software, which automatically executed profitable signals on our trading account.
If you want to try out its signal accuracy, there is a telegram channel for the free
trader community. PriceAction Ltd. delivers 10+ free signals and trade analysis.
Along with Forex Signals, PriceAction Ltd. provides services for indices, commodities,
and scalpers in forex trading. Its subscription starts at $40 per month and includes
24/7 customer support for traders.
Pros:
24/7 customer service
10+ free forex signals weekly on free Telegram channel
50+ forex signals for premium subscribers in real time via Telegram
90% win rate
Daily trade analysis & results
Cons:
Only available on Telegram
Visit PriceActon Forex Now
There are no guarantees that you will make money with this forex signal provider
- 1000pip Builder – Best Forex Signal Provider for Verified Results – Join Now
Another great signal service provider is 1000pip builder. This signals service is led by professional trader Bob James, who has over ten years of experience in financial institutions throughout London. 1000pip builder’s signals use technical analysis, technical indicators and fundamental analysis to highlight trade opportunities that follow the market’s current trend, giving them a higher probability of winning.
Forex signals services
This signals service will provide 2-7 signals every day to subscribers, across a total of 15 currency pairs. The service aims to generate 350 pips per month for users, a bold claim backed up by independently verified trades from MyFXBook. 1000pip builder’s monthly price is on the higher end of the spectrum at $97 (around £68); however, you can save 65% if you purchase the yearly plan.
Pros:
Led by professional trader Bob James
2-7 signals every day
15 total currency pairs
Verified by MyFXBook
65% discount when purchasing annual plan
Cons:
Price is at higher end of the spectrum
Visit 1000pip builder Now
There are no guarantees that you will make money with this forex signal provider
- Daily Forex Signals – Best Low-Cost Trading Signals – Join Now
Established back in 2014, Daily Forex Signals is a service built by a team of expert traders with extensive experience within the financial industry. Using technical and fundamental analysis, Daily Forex Signals provide real-time alerts through the forex signals Telegram app, allowing traders to place the trades instantly. In terms of trade success, Daily Forex Signals claim a 64.54% to 75% win rate on their website – although this is not backed up with verified trading results.
daily forex trading signals
This provider offers signals for £29.99 per month, making them one of the lowest-cost paid plans on this list. Much like other providers, you can get yourself a significant discount by purchasing the semi-annual or annual package. If you are unsure of anything or have specific questions that need to be answered, Daily Forex Signals have a handy contact sheet whereby you can send in your concerns, and the team will get back to you.
Pros:
Been in operation for over 6 years
Combination of technical and fundamental analysis
Reasonable monthly price
Option to contact the signals provider for help
Cons:
As a disclaimer, please take into consider that there’s no verified results
Visit Daily Forex Signals Now
There are no guarantees that you will make money with this forex signal provider
- Direct Forex Signals – Daily Forex Signals with High Success Rate
Based in Manchester, Direct Forex Signals deliver high-quality signals direct to your phone through their handy forex signals app. Their website claims a success rate of 89% – although this seems exceptionally high, there are no verified results to back this up. In addition to fx signals, the app also sends out chart analysis and market information which helps traders get a solid overview of what’s going on.
accurate forex signals
Direct Forex Signals also provide a handy course for beginner traders which covers everything you need to know to trade effectively right off the bat. The course is priced at only $49.99, and you get lifetime access once purchased. In terms of the forex signals, these are priced at £25 per month and offer 12-15 trading setups every day. Also, with the paid signals service, you get live 1-to-1 messaging with the team, which can help clear up any concerns or worries.
Pros:
Claimed success rate of 89%
Chart analysis and market info also sent out
Option to purchase FX course
12-15 setups per day
Live 1-to-1 messaging
Cons:
Results are not verified
Visit Direct Forex Signals Now
There are no guarantees that you will make money with this forex signal provider
- FX Premiere – Best Forex Signals with Real Reviews
FX Premiere offers up to 15 signals every day through their VIP forex signals telegram group, ensuring users have a steady stream of optimised trade opportunities throughout the week. The FX Premiere team is comprised of over 20 professional forex traders who derive opportunities from up to 50 different sources. The great thing about this provider is that they have over 2500 Trustpilot reviews which add credibility to their services.
forex signals telegram
In addition to these reviews, FX Premiere shares every trade that they take so that you know you are trading along with them. Trades take place across a variety of asset classes, including forex, gold, and oil. In addition to the signals, FX Premiere also provides graphs and analysis to support the trade opportunity – so that you know there is credible reasoning behind it.
Pros:
Up to 15 signals per day
Team of over 20 professional traders
50 different sources for signals
Huge number of Trustpilot reviews
Gold and oil signals also provided
Cons:
Unverified results
Visit FX Premiere Now
There are no guarantees that you will make money with this forex signal provider
- ForexSignals.com – Best Forex Trade Signals for Multiple Strategies
Forexsignals.com has over 83,000 members worldwide, with nearly 1500 reviews on Trustpilot. Their service is comprehensive as they offer signals to trade forex and daily live streams in which the professional traders who work for the company will breakout the market and point out potential opportunities. The signals aspect works slightly differently, as once you sign up, you get access to the ‘Trading Room’. You can then choose which trader to follow for daily forex trading signals which you’ll receive via email.
forex trade signals
The great thing is that each trader will provide reasoning behind their trade idea, which helps ensure they aren’t just random signals. Forexsignals.com also offer a handy 7-day free trial which lets you test their service before opting for the paid version. In terms of pricing, it will cost you £77 per month for trading room access, although you get a hefty discount when purchasing the annual plan.
Pros:
Over 83,000 members
Nearly 1500 Trustpilot reviews
You can choose which trader to receive signals from
7-day free trial offered
Cons:
High monthly subscription price
Visit ForexSignals.com Now
There are no guarantees that you will make money with this forex signal provider
- Pipchasers – Best Free Forex Trading Signals
Pipchasers’ signals are provided by a team of market analysts, offering between 5 and 9 signals each week. The company claims to have a monthly target of 2000 pips, and trade opportunities are provided for a total of 20 forex pairs and metals. Much like some other providers on this list, Pipchasers’ signals include reasoning for their trade opportunities and are delivered in real-time.
best free forex signal provider
In addition to their signals, Pipchasers also offer trading courses that focus on areas such as risk management, ensuring new traders have the tools to be successful. They also provide a free signals service which has limited scope but still provides a way to test the waters before going for the paid version. Finally, Pipchasers offer 24/7 support to users who have issues or questions that need to be resolved.
Pros:
Total of 20 forex pairs/metals analysed
Various trading courses offered
Free signals service also offered
24/7 support for traders
Cons:
Monthly pip target does not have any tracked results for credibility
Visit Pipchasers Now
There are no guarantees that you will make money with this forex signal provider
- FXStreet – Popular Forex Trading Signals Provider
If you’re looking for live forex signals, then FXStreet might be worth considering. This forex signals review found FXStreet to be one of the most reliable options on this list, with their site being used by thousands of traders every day for market analysis and news. Their signals are included as part of their ‘premium service’ plan, which incorporates private webinars from many experienced traders.
live forex signals
The signals provided come from various trading strategies, with each process being broken down by win rate, trade duration, and numerous other metrics to ensure you get an idea of which ones work better than others. Furthermore, signals that are provided sometimes come with dynamic take-profit and stop-loss levels which may change during the life of the trade. This ensures each trade is fully optimised for profitability – although it is totally up to you whether you wish to use this or not.
Pros:
Great reputation in the trading community
Used by thousands of traders every day
Private webinars offered in their service
Multiple trading strategies to choose from
Dynamic stop-loss and take-profit levels offered
Cons:
High price point compared to other options
Visit FX Street Now
There are no guarantees that you will make money with this forex signal provider
- Forex Signal Factory – Best Daily Forex Signals
The penultimate forex signals review in our list is for Forex Signal Factory. This provider uses a team of professional traders to generate trade ideas sent to users in real-time. The great thing is that the traders behind Forex Signal Factory trade live accounts with their own money, ensuring they have a vested interest in the trade idea performing well.
daily forex signals
Forex Signals Factory’s website is relatively sparse, with not much information being provided for prospective users. They claim that their service comes with no hidden costs and no affiliation with any forex broker. However, they do offer some forex signals for free through their Facebook page, which has over 14,000 followers.
Pros:
Backed by a team of professional traders
Traders use their own money to follow the signals
14,000 followers on Facebook
Cons:
Website doesn’t have much information
Unclear how to sign up
Visit Forex Signal Factory Now
There are no guarantees that you will make money with this forex signal provider
- WeTalkTrade – Best Free Forex Signals App
If you’re looking for a forex signal service that provides forex signals for free, then WeTalkTrade has got you covered. They offer free forex signals through their handy app, available on both Google Play and the App Store. WeTalkTrade claims an 80% success rate on their website, although there is no MyFXBook backing for this.
forex trading signals provider
WeTalkTrade offers both a free and a paid plan, but you get the same number of signals on both. Notably, WeTalkTrade provides a copy trading feature on their paid plan, which you can install through MT4 or MT5, and this will immediately execute the signals on your account. The paid plan is priced at $79.99 per month and is also accompanied by 24/7 support.
Pros:
Free forex signals provider
Dedicated app for users
Both free and paid plan offered
Copytrading feature on paid plan
Cons:
No verified results
Higher price point
Visit WeTalkTrade Now
There are no guarantees that you will make money with this forex signal provider
What Are Forex Signals?
So, what are forex signals? Put simply; forex signals are forex tools that provide automatic alerts which are sent to you with a trade opportunity in the FX trading system. The people and companies that provide the signals will conduct in-depth research and analysis beforehand and deliver a signal to you via mediums such as SMS, Telegram message, WhatsApp message, email, or app notification.
Just like with cryptocurrency signals, forex trade signals will usually contain an entry point and exit point for your trade. These entry and exit points will be determined by the preliminary analysis conducted by the provider and are chosen because they offer the highest chance of a profitable trade. Once you receive the signal message, all you have to do is place the trade and let it run.
Often, the best forex signals will come accompanied by take profit and stop loss levels also – allowing you to limit your downside risk whilst also being able to exit the trade at a point where the provider feels is optimal. Again, all of these levels are set by you when you go to place the trade, which means you get the benefit of semi-passive trading without having to provide a company or robot with access to your trading account.
Depending on which provider you partner with, the forex trading signals you receive may be derived from various strategies and trading styles. Some providers offer scalping signals for day trading, whilst others will provide swing trading signals for traders who prefer a longer timeframe approach. Some providers supply signals that incorporate several strategies, giving an ‘all in one’ approach to the markets.
Finally, forex trading signals are versatile because they can benefit both new and experienced traders alike. New traders will gain an advantage from signals as it will allow them to trade efficiently right off the bat and learn through doing. On the other hand, experienced and successful traders can also profit from forex signals, as they can combine the signal with their own research and analysis to further bolster their trading efficiency.
How Do Forex Signals Work?
As mentioned in the previous section, forex signals will provide a trade opportunity that the supplier feels has a good chance of generating profit. The person or company who provides the signal will have studied the charts and looked at the news beforehand, analysing all of the data and presenting an optimised signal based on prior research.
Forex signals typically work through real-time alerts that you receive, containing the information you need to place an effective trade. Many signal providers will use Telegram (such as Learn2Trade), as this app can be accessed on various devices and can be used to receive instantaneous signals. However, some providers will opt to use WhatsApp, text, or even email.
To help visualise what the alert would look like, here is a typical example:
Pair: EUR/USD
Order: SELL
Entry: 1.2195
Stop-Loss: 1.2213
Take-Profit: 1.2162
As the above example highlights, alerts give you everything you need to make an effective trade and experience a good trading performance – all you have to do is log in to your chosen broker and manually place the trade. Often, the signal will be sent just as the entry point is being reached or immediately before, so you have to react quickly to the market conditions as price can quickly move past the entry point, and the trade idea could be invalidated.
Once you have placed the trade, you do not have to do anything else. As you’ll have already specified your stop-loss and take-profit levels, you can sit back and let the trade play out. This is another crucial benefit of live forex signals, as they help remove emotion from trading. Beginner traders often fall victim to emotions in the market, which leads to exiting trades early or entering trades when there isn’t a viable opportunity. By using signals, the research and analysis have already been completed, meaning you can avoid all of the stress and emotion associated with this area of trading.
How To Pick The Best Forex Signals For You
As you can see from the list of providers earlier in this guide, there is a diverse range of options available for you to choose from. Deciding which provider to go with depends on your unique situation and goals – however, there are certain things to be aware of which will help ensure you make an optimised choice when it comes to forex signals.
To help you with this, the sections below discuss three key things to look out for when choosing a forex signals provider.
Win Rate
One of the most important things to look out for when choosing a forex signals provider is their win rate. This measures the percentage of signals that result in a profit. For example, if their win rate is 50%, this means that half of the signals sent out will generate a return.
It’s essential to determine the context of their track record too, as it may appear extremely high, but in reality, it’s not as impressive. An example of this could be a provider with a 90%+ win rate – but their winning trades are only averaging 1-2 pips each time. Although the win rate might be legit, the scope of the strategy might not be what you are looking for.
Also, it’s crucial to analyse the legitimacy of the win rate that the provider claims. Anyone can write on their website that they have an 80% win rate, so it’s important to delve a little deeper to ensure that these claims are valid. Things to look out for include Myfxbook or client testimonials, as these provide credibility to a provider’s stated win rate.
Fees
Another thing to keep an eye out for is the fees charged by the trade signals provider. Understandably, many of the top signals providers will charge a fee for their services – this is typically a monthly subscription fee which will ensure you receive live forex signals which help you trade the market. Providers will charge for this service as their teams are often made up of professional traders and researchers who will scour the market for opportunities, which takes skill and time to do.
forex signals fees
The great thing is that many brokers (such as Learn2Trade) will offer a hefty discount if you purchase a semi-annual or annual subscription. This is ideal for traders who anticipate being involved in the market over the mid-to-long term, as these subscriptions are usually much more cost-effective.
Finally, some providers offer free signals for forex. Usually, the free service provides fewer signals per day or even only offers a few per week. These free forex signals are often a great way to gain experience using signals before upgrading to the more superior paid plans.
Free Trial/Moneyback Guarantee
Finally, it’s always a good idea to keep an eye out for providers who offer a free trial or a moneyback guarantee. Having this security ensures you can ‘try before you buy’ in a sense, meaning you can test the signals and make sure they are suitable for you and your trading situation.
An example of this setup would be Learn2Trade’s 30-day moneyback guarantee. Although you still have to pay upfront, you’ll be able to receive a refund if the signals service is not for you. Providers who offer these sorts of setup tend to be more trustworthy and reliable; as you know they are not just looking to scam you out of your money.
Free Forex Signals
Although many of the top forex signals providers will charge a fee for their services, some providers offer forex signals for free. Found below is the crucial information you need to know about free signals and free forex signal providers:
Free vs Paid Signals
Understandably, free forex trading signals will typically be a less valuable service than paid signals. This is because the provider will be dedicating time and resources to find and supply trade opportunities, so it’s to be expected that they will charge a fee for these signals. Although some providers will offer ‘free’ signals, they often come with strings attached.
The most common thing to note with free signals is that they tend not to be as comprehensive or high-quality as paid signals. Some free signals providers will purposely leave out important information (such as the take-profit level) to entice users to pay for the full service. Other free signals providers will supply trade opportunities at no cost – but you have to sign up with their partnered broker.
Overall, it’s essential to be aware of these distinctions when choosing a provider. From the outside looking in, the concept of free signals seems too good to be true – and in some cases, it is. Most of the time, a paid service will get you a much higher-quality product which will be worthwhile in the long term.
Best Free Signals
If you are looking for the best free trading signals, then we’d highly recommend using Learn2Trade. The difference between Learn2Trade and other free signal providers is that Learn2Trade do not purposely miss out information in their signals – you’ll still receive entry and exit points, along with take profit points too. Furthermore, Learn2Trade’s free signals are provided in the same way as their paid plan – through a dedicated Telegram group.
free forex signals
It’s important to note that with Learn2Trade’s free service, you only get three signals per week. For most traders, this isn’t enough – therefore, we recommend transitioning to their paid plan if you can. With Learn2Trade’s paid plan, you get between 3 and 5 trade opportunities every day, which is more than enough to help you become profitable in the market.
Best Forex Signals App
Notably, some providers will have a dedicated forex signals app that users can download to their smartphone and receive signals in real-time. Through our research and experience, we’ve found that WeTalkTrade offers the best forex signals app for FX traders. Their app supplies real-time alerts with trade opportunities and even offers an automatic copy trading feature too.
Although not technically an app, many providers use Telegram to send their trading signals. Learn2Trade is one of the top providers who use Telegram, as they supply 3 to 5 signals each day in their VIP Telegram group. Furthermore, the group has over 10,000 members and a trade success rate of 76%
Conclusion
Let us know your thoughts in the comment section below.
Check out other publications to gain access to more digital resources if you are just starting out with Flux Resource.
Also contact us today to optimize your business(s)/Brand(s) for Search Engines