Pricing
- The Apprentice
1 month of room access for €58 (Billed every month)
- The Committed
6-month room access for €37 a month (€222 Billed Every 6 Months)
- The Professional
12-month room access for €26 a month (€312 billed every 12 months)
Platform
Website, mobile app
Pros
- Several tactics to test and attempt.
- Constant access to experts and mentors.
- A vibrant community where you can interact and talk about trading.
- User-friendly mobile app
- Excellent range of premium trading tools
- A free 7-days trial is available to give it a try
Cons
- The content with a monthly subscription is not all-inclusive.
- Mixed feedback on the platform’s utility.
Customer Service
Live Chat 24/7, email
ForexSignals Review
For Forex traders, Forex Signals provides a variety of options. While their experienced mentors offer support via chats, live streams, and video content, their trade room offers an active and engaged community of fellow traders.
The platform also gives users access to a variety of educational resources, the choice to ask professionals and peers for advice on potential trading ideas, and, of course, direct access to signals that have been directly examined by the team of specialists at ForexSignals.
Additionally, Forexsignals has a 4.6 TrustPilot rating, demonstrating that traders who have used the service are happy with it. The site is also well-regarded among traders, with many users praising its usability and trustworthy signals as the main factors behind their pleasure.
About ForexSignals
ForexSignals was founded by Nick McDonald on the 1st of May 2012. He was drawn to forex at the time many years ago. Committed himself to being a successful trader, Nick is read many books, attended seminars, hired a market analyst, and more.
While on his journey, he looked for a trading room where he could interact with other traders and debate the market, as well as learn from others’ success. He was surprised to hear that this resource did not exist, so Nick decided to create it himself.
Along with the team of four market analysts that regularly contribute inside the trading room and educate you, they now employ 52 full-time employees that are scattered around 20 countries and have over 500,000 registered members.
Even Andrew Lockwood, a seasoned financial market professional with more than 30 years of expertise, is hired by ForexSignals to serve as head coach. He has been trading the forex markets profitably for the past 20 years, and he currently instructs hundreds of students.
Who Should Use?
It is ideal for traders who want to learn methods and increase their level of consistency in the markets, as well as for those who are brand-new to trading and want to start at the very beginning and work their way up.
additionally, It’s also worked for traders who are tired of trading alone and desire to join a community where they may receive guidance from seasoned market analysts in order to improve their trading success. This is therefore ideal for both seasoned traders and beginners who want to understand the fundamentals.
Is ForexSignals Safe?
Yes, it is safe.
Forexsignals.com is a reliable business that provides vital indications to help traders make better-informed trading decisions. Being the greatest option for traders or clients searching for a highly transparent trading community, client education in forex trading, and practical tools to make trading easier.
ForexSignals Platform & Features
Trading forex tools
With a wide selection of high-end, exclusive forex tools from ForexSignals, you may improve your trading and advance it. Among these trading tools are the following:
- Naked Trading EA
Find market opportunities and receive real-time notifications.
- Economic Calendar
To assist you in trading these markets, the economic calendar highlights pertinent events.
- Currency heat map
Look for the strongest and weakest currencies currently trading on the forex market.
- EA for Support & Resistance
Take the guesswork out of it with the specially-made gadget. Understand exactly where to draw your main supply and demand zones.
- Risk Manager EA
This simple EA tool to keep an eye on your trading account.
- Economic Calendar
To assist you in trading these markets, the economic calendar highlights pertinent events.
- Pip Calculator
Before making a trade, you can use the free pip calculator to determine the value of a pip in the currency you wish to trade in.
- Pivot Point Calculator
Find significant support and resistance levels quickly by using the sophisticated pivot point calculator.
- Lot size calculator
To determine the appropriate lot size for your trade based on your risk tolerance.
- Momentum Meter
A very helpful tool for assessing the strength of different currencies.
- Profit Calculator
To decide the potential profit from a deal you are thinking about making, use the profit calculator.
- CAGR Calculator
Use the simple CAGR Calculator to get the compound annual growth rate of your investments.
- Pivot Point Calculator
Find significant support and resistance levels quickly by using the sophisticated pivot point calculator.
- Currency Strength Meter
A visual representation of the strongest and weakest currency pairings currently trading on the Forex market.
- Monte Carlo Simulator
Created by renowned foreign exchange market analysts, allows you to simulate your possible returns.
- Forex Margin Calculator
You can use the Forex margin calculator to determine the precise margin required to open and keep your trading position with confidence.
If we can prepare our trades and perform in-depth chart analysis we can control our risk with prudent money management and ensure that we make informed trading decisions with the aid of high-quality tools.
Trading room
In the ForexSignals trading room, you can ask questions, discuss ideas, and pick up tips from other users. Anyone can join the daily live streams and discuss currency pairs with professionals in real time. Along with testing out trading methods on a Forex demo account, this can be one of the finest ways to increase your expertise in trading. In the trading room, you’ll discover the following:
- 200+ hours of educational videos and strategy courses.
- 50+ daily Forex signals shared by the community.
- 5+ daily live streams.
- Direct live discussion with experienced market analysts and other traders who share your views.
- Downloadable resources to assist you in identifying market opportunities.
Expert opinion
The team at ForexSignals has more than 30 years of trading experience in the major financial markets, which you may benefit from. You can ask questions, chat online 24/7 with experienced market analysts, and observe how they trade. They include major, minor, and exotic currency pairs in their coverage of technical and fundamental analysis across a range of financial instruments.
Trading strategies
There is three different strategies are provided by ForexSignals to its users, such as:
- Naked Trading Strategy
The Naked Trading Strategy, a cornerstone of ForexSignals, takes trading back to its core by removing the reliance on indicators. Embracing price action and key support & resistance levels, this strategy empowers traders with a fundamental understanding of market psychology. Its simple entry and exit rules, combined with just 10 minutes of daily commitment, make it accessible for traders at all levels of expertise.
- Forex Scalping Strategy
For those seeking quick gains from rapid market movements, ForexSignals presents a Scalping Strategy. With a focus on small, fast moves, scalpers aim to profit from fluctuations as little as 10 pips. The strategy requires precision and an understanding of volatile currency pairs. Traders can choose between manual execution or an automated approach using a scalping Expert Advisor.
- Wave Dash Forex Strategy
The innovative Wave Dash Strategy introduces a blend of trend following and counter trend trading. Rooted in technical analysis, it relies on the intersection of two moving averages to generate buy or sell signals. The width of the wave contributes to signal conviction, and the strategy encourages traders to await breakouts and retracements for optimal trade execution.
- Swing Strategy
ForexSignals recognizes the effectiveness of swing trading and offers a Swing Strategy that caters to both newcomers and seasoned traders. Using powerful price action and candlestick patterns, this strategy features clear entry and exit rules. Swing trading is known for its accessibility, requiring only 10 minutes per day to manage trades.
With three alternatives to pick from and plenty of resources, advice, and assistance for each, ForexSignals offers a little more flexibility than a service that focuses on a single trading method.
Ease of use
The services offered by Forex Signals go well beyond that of your ordinary shady forex trading firm. Their main objective is to arm you with the best trading knowledge and skills possible so you never have to rely on a provider of forex trading services.
ForexSignals Pricing
All new potential users of ForexSignals.com are eligible for a 7-day free trial, allowing you to familiarize yourself with the service before dealing with any payment. In addition, there are three membership options available for the price, depending on whether you want to use ForexSignals for a month, six months, or a full year.
Signing up for a yearly membership is, without a doubt, the greatest option because you receive the best service in addition to paying the lowest monthly charge. Here’s a breakdown:
- The Apprentice.
1-month room access for €58 (Billed every month). If you select the apprentice bundle, you receive the following:
- Trading room access
- Pro trading video academy
- Daily live trading sessions
- Trade sentiment analysis
- Weekly hot-pick analysis
- Real-time global news stream
- Live interactive workshops
- Access to pro trading tools
- The Committed
6-month room access for €37 a month (€222 Billed Every 6 Months). If you select the committed bundle, you receive the following:
- Trading room access
- Pro trading video academy
- Daily live trading sessions
- Trade sentiment analysis
- Weekly hot-pick analysis
- Real-time global news stream
- Live interactive workshops
- Access to pro trading tools
- Exclusive brokerage access
- Direction from market analysts
- The Professional
12-month room access for €26 a month (€312 billed every 12 months). If you select the professional bundle, you receive the following:
- Trading room access
- Pro trading video academy
- Daily live trading sessions
- Trade sentiment analysis
- Weekly hot-pick analysis
- Real-time global news stream
- Live interactive workshops
- Access to pro trading tools
- Exclusive brokerage access
- Direction from market analysts
- Direct Line to Market analysts.
How to Open an Account?
Simply create an account on the ForexSignals.com website by clicking the “free trial” option. After that, you will get a 7-day trial to make sure they have everything you need.
In Conclusion
ForexSignals is a forex education website that offers trading signals, an active trading room, trading classes, and direct access to mentors. It was established in 2012 by professional Forex trader Nick McDonald. Traders of all sizes and shapes may tremendously benefit from communities and trading rooms, which is how it all began.
As a result, a team of over 40 specialists and traders has been formed, as well as an expanding trade room service that focuses on the community with tactics to help Forex traders achieve success in their industry.
Access to skilled traders around the clock, daily live analysis streams, and other chances for active community engagement are all part of this emphasis on interaction over passive information.
ForexSignals Review Overall
ForexSignals provides a robust educational platform for forex traders of all levels. It offers various strategies, constant access to mentors, and a vibrant community for interactive discussions. The platform is user-friendly, accessible via a website and mobile app, and provides a wide range of premium trading tools. Despite mixed feedback on utility and limited monthly content, the overall experience is positive, making it a valuable resource for both beginners and experienced traders. The free 7-day trial allows users to explore the platform before committing.
Pros
- Offers various strategies and comprehensive resources for traders.
- Constant access to mentors and experienced traders.
- Vibrant and interactive trading community.
Cons
- The monthly subscription doesn't provide all-inclusive content.
- Varied user reviews on the platform's utility.
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