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Forex signals alert investors to good buying and selling opportunities. Reacting quickly to currency movements can increase profits and minimize losses, so choosing a reliable signal provider is essential. The five signal providers listed were chosen because they offer online trading, mobile trading and guaranteed stop loss. U.S. and international traders can use practice or real accounts on these platforms to learn more about forex trading, access forex signals and trade from all over the world.
FxPro differentiates itself from other brokers by using the Agency Model with no dealer intervention. The range of platforms and trading tools available make it suitable for both beginners and professional traders. FxPro Direct members get access to Trading Central with mathematical indicators and expert analysis. Experienced traders can use the the FxPro custom script to set up indicators and signals according the criteria they set.
Forex.com has extensive educational resources including online courses, webinars and video tutorials. Members can listen in to live trading sessions and hear the research team discuss the market and ask the experts questions. FOREXTrader PRO tools include Autochartist, eSignal, Strategy Center and customizable charting. Beginners can download FOREXTrader Lite and use it from their desktop to access a simple dashboard with all the tools they need in one convenient location.
Alpari accepts international traders through their different portals, accessible through the main website by changing the country selected. Members get access to Alpari Autochartist, which identifies patterns in the market, displaying trends and analysis. The Alpari Academy also has courses and video tutorials for less experienced traders and a Micro account especially for beginners. This account has a lower minimum deposit of $200 and smaller trade volumes.
FXCM Inc. has international offices around the world including the U.S., Australia, Japan, the United Kingdom and several European countries. All account holders have access to their DailyFX PLUS Trading signals and a free course to learn basic and more advanced trading strategies. Through its DailyFx.com website, FXCM offers comprehensive forex news, analysis and courses on common indicators and trading strategies.
EToro has a strong social element including the Social Guru Trader program, where traders can earn extra income based on the number of people copying their trades. OpenBook connects users to millions of other traders and connects with their WebTrader platform. The social trading aspect of eToro makes it particularly suitable for beginners who want to learn from more experienced traders.