Who is the best forex signal provider?
The very first question everyone should ask here is – what is the forex signal? Well, the utterly
simplified definition is that a forex signal is an indicator of time which is considered the best
option to buy or sell a particular set of currency pairs in Forex Market.
And how does this optimum time is calculated? Well, answer to that question is that various experts who have
been working in forex trading for numerous years calculate various factors like trends, daily analysis,
demographics, political factors, and others to calculate the price drop in the currency pair and
this way they forecast the optimum time.
Why forex signals are used? Well forex signals are used by those individuals who can’t keep
their eyes on market trends all the time – but at the same time, they want to make some decisions
by themselves. Here, they opt for forex signal providers who tell them the time and they act upon
it by their own free will.
Why forex signals are trusted? Well, the first reason is that they are not intuitive or arising from gut feelings
which is a dangerous thing in high-risk markets like Forex. Secondly, they have been provided by the use of
scientific and mathematical formulas based on real facts and trends – so tend to be more accurate.
Now, comes the part – if you start searching for a forex signal provider – almost everyone will
claim to be the best forex signal provider and people usually don’t have that much time and
money to check each and everyone around the corner.
So here we come to help you. We have reviewed several of the signal providers who have been in the market
for more than 10 years, so ensuring their stability and durability. So who do we chose to represent? It’s
Considered one shop for forex traders, Forex.com provides a wide array of tradable currencies,
low account minimums, and an impressive state of art trading platform makes it so much popular
for beginner and veteran traders alike. They have their separate extensive education and research
center that provides informative forex trading courses for traders of any skill. And guess what,
this course is free.
Do you know they offer more than 90 individual indicators and their platform allows adding of
indicators to currency chart in a single click without any additional hassle? Also for people
needing more information they can add multiple indictors in a single chart making it an
encyclopedia for that particular chart.
What we loved is their mobile app which works like magic and its notification system is so
good that you will fall in love with it. They deal with signals called Pivot Points for making entry
and exit in any currency pair.
Broker’s Autochartist tool which they implement allows automatic scanning of the forex market
which highlights the current and upcoming trade opportunities and at the same time identifies
chart patterns that occur in the market traders have chosen.
Wait, there is one more magic- traders using Forex.com signals will get free Recognia technical
analysis portal which is used for planning the trades in the future. Based on pivot points
(researched by experts team), support, and resistance levels along with a wide array of indicators
Recognia technical analysis portal displays short term trading opportunities that act asa gold
mine for traders.
So if you are looking for a seasoned and professional forex signal provider to help you in making
your portfolio profitable consider Forex.com Also, they give full analysis behind their signals
and even propose alternatives in case of market volatility. And guess what, it comes in a simple
visual manner on the charts.