Best Forex Signal Providers on Telegram
One of the fastest ways to discover new trading opportunities is to use Forex trading signals. These are human-generated or artificially made signals that send special triggers, alerting the traders to take certain actions in their trading. The process of signal utilization is very simple and requires no analysis from the traders’ side, if and only if the forex signal provider is a trusted source that won’t make you end up losing your assets.
There are numerous ways to find out and evaluate forex signal providers, but as the market showed one of the most popular places where the top forex signal providers operate is Telegram.
The list of top forex signal providers
When curating this list, the main criteria to look forward to when assessing the signals providers on telegram are the quality of the signals themselves which is estimated by the number of successful trades made through particular signals. The knowledge and experience that the provider has in the market, translates into the quality of the signals and other additional educational and helpful content that the provider might offer to traders. Last but not least is the amount of money it costs to join the signals group.
ecs.LIVE
ecs.LIVE
Made by Elite CurrenSea (ECS), leaders in Forex education and technology, ecs.LIVE is the best paid Forex signal provider on the market, if you are looking for momentum trading at least. The accuracy of the trades is really high due to the team of experts. In the group, you will find precise entry and exit levels on such DOW Jones Industrial Average (DOW), DAX (GER30), as well as GBPJPY Forex pair. The signals are generated with a help of ECS MT4/5 Expert Advisors, as well as manually by Chris Svorcik and his team of money managers. The company manages client, as well as institutional funds with average returns averaging 11% per month.
One of the biggest cons of most of the Forex signal providers is that they are always lacking in transparency and accountability, to combat these issues, Elite CurrenSea doesn’t shy away from tracking the performance of it’s trading via publicly available myfxbook accounts as well as keep it’s doors open for reviews on Forex Peace Army.
This Telegram group is available for free at the time of review thanks to sponsorship by trusted providers.
Free Signals Pro
On the other side of the spectrum we have Free Signals Pro. As you guessed from the name of the provider, this telegram signal channel is free. In terms of content available on the group itself, the main focus is on the signals, with no educational or another type of content. Free Signals Pro is a good option if you are looking for a free Forex signals provider but keep in mind that the channel only provides 1 signal per day which might not satisfy most traders. Definitely, a good option to try and if you decide you like using Forex signals, then upgrade to a different more sophisticated option.
Sure Shot Forex
Sure Shot Forex is another free FX signal telegram channel. The group is joined by over 27 thousand people all over the world. Instead of 1 free signal per day, Sure Shot Forex shares 5. Due to the channel being free it has not made any claims or made any huge achievements due to the lower percentage of win rates.
As mentioned above this Forex signal telegram channel provides multiple free FX signals which are why the channel is filled with promotional content to keep the group sustainable. Some traders do find it annoying to scroll through paid advertisements to find those free signals, but for some, it’s worth the trouble.
Royal Forex Signals
Claiming to have an 80% success rate, Royal Forex Signals offers 3 to 8 signals per day at a cost of $49 every 3 months, $70 for one year and $99 for a lifetime version. The provider claims to have a 1000 to 2000 pips a month target which has not been verified yet. Besides the paid version they have a free version of the channel as well where they share one trading signal and technical analysis as well which is rare to see in the free version of these types of telegram signal groups.
The platform utilizes a Tradingview profile where the traders can get some decent analysis, but in terms of the results produced by those signals, there is no data available.
ForexSignals.io
ForexSignals.io is one of the most reliable and sophisticated FX signal telegram groups offering both the VIP and free versions of the channel. The VIP version offers daily Forex signals with extensive market reports. The subscription is £79 per month or you have an option of purchasing lifetime access for £499.
Overall the free version offers good information for beginners trying out Forex, but if you are looking for more accurate and detailed forex signals the VIP version might be more suited for you. Take into consideration that even though the free channel might be informative, it does not offer much of high-quality signals.
AltSignals.io
Another well-known channel in the Forex Signals world is AltSignals. This top Forex signal telegram group offers detailed market trends along with trading signals that give good sources of knowledge to beginners and professionals working to increase their trading accounts.
Unlike other FX signals groups, AltSignals is only has paid version of the group, which costs $135 a month. This makes AltSignals the most expensive telegram signals group on our list. (there are other subscriptions available to purchase only through Bitcoin for quarterly and annually access).
FAQ
What is the best paid Forex signal provider on telegram?
Being one of the best Forex signal providers, ecs.LIVE offers both highly valuable educational content and accurate signals with 24/7 support and mentoring from experts in the field. The channels are very Forex oriented, managing and analyzing more than 25 currency pairs, indices and commodities.
Where do you find FX signal providers?
There are numerous places, platforms and portals where you can find Forex signals providers. One of the top places to look for one is myfxbook where they have a specially curated list of Forex signals with scores made by traders themselves.
How are some Forex Signals on telegram for free?
There are two reasons why Forex signal channels can be free. 1. The amount of signals sent by the channels is way less than a premium channel (paid version) 2. The promotional content on the channels gives the channel ability to sustain itself without any payment from the trader’s side.
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