Provider of trading signals, 5. Forex School Online
Pin0 The act of buying and selling foreign currencies to make profits is what forex trading is in a nutshell.
Max Pip FX 1. They provide accurate signals directly via telegram, that are easy to utilize and come with full analysis. They are completely transparent and meet my expectations as a professional trader.
Their marketplace specializes in Forex signals, expert advisors, indicators and much more, but today our focus is on the signals. In this area, they have a much different approach than most commercial providers, because they allow anyone with Forex trading experience to provide signals.
While, this can scare off some potential clients, this does allow for a very diverse and unique network of traders that are judged solely on their performance, and nothing else.
Along with diverse strategies, the MQL5 market also provides verified trading results, which is surprisingly rare in comparison with other Forex signal providers. In fact, traders can filter through the potential signal providers based on their results alone. So, you could analyze them and add them all up, but I contest that it would be too much work.
They provide trade alerts to the community via mobile alerts, sound alerts and email.
Like many other providers, they get traders in the door by offering free signals, and then charge a monthly fee for premium access. You can see in the image above that the entry price is only available for premium members, which essentially makes the free service useless. The performance report can be downloaded, but none of these trades are verified or in collaboration with a third party.
My Experience Using Forex Signal Services
This is certainly not ideal. The strategy is also undisclosed, so the only way to really provider of trading signals this service is to use their free membership. Started inthis provider promises an The problem with this claim, is that it puts more pressure on the vendor binary options with 5 provide verified trading results, but Andy does not.
They talk you through the ideas behind the trades and what they are looking for in order to enter the market. You can receive the signals via the blog on their site, through twitter and on facebook. They have a forum style set up and make a post each trading day with instructions on how to act on a specific piece of news depending on its immediate effects. We do not make recommendations with affiliate relationships in mind. Transparency is the key to trust.
There is a graph on the chart that shows huge gains, but none of the information provided is confirmed by a third party. There are no details on the trading methodology.
Trades are sent directly to your mobile device via the application which can be found on Google Play, or the App Store. Price: Undisclosed.