Forex signals are trading suggestions or potential opportunities in the forex market, indicating optimum times to buy or sell a currency pair based on technical analysis or market news. These indications, based on technical analysis or market news, play a key role in forex trading by enabling traders to make wise decisions and handle the market fluculations effectively. In this article, we explore forex signals, elaborating their importance and how they function. Moreover, we will guide you through our selection of the best Forex signal channels available on Telegram, analyzing their credibility, accuracy, and effectiveness to help you succeed in your forex trading.
10 Best Forex Signals Telegram Channels Overall
Forex Signals Channel | Logos | Why are they listed as the Best Forex Signals Telegram Channel? |
1000pip Builder | Quality forex signals, noted for delivering solid performance data and comprehensive customer support. | |
FX Premiere.com | Up to 15 quality signals per day, prized for its broad range of signals and transparent services. | |
ForexSignals.io | Stands out for its emphasis on education alongside signal provision. | |
ApexBull | Distinguishes itself with signal accuracy and ease-of-use. | |
WOLFX Signals | Recognized by its robust risk management strategies. | |
Ultreos Forex Signals | Valued for offering both automated and manual trading options. | |
BL Tech Pro | Highlighted for their advanced use of AI in generating signals. | |
Billionaire Forex Signal | Recognized for its user-friendly interface and valuable market analyses. | |
RoboForex | Appreciated for its combination of trading signals and automated trading features. |
Overview of the Best Forex Signals Telegram Channels
1000pip Builder
Name | 1000pip Builder |
Launched in | 2016 |
Number of Singals Per Day | 2-7 signals |
Free Signals | ❌ |
Pricing | One-month subscription for £44 ; Three−month subscription for £24;Six-month subscription for £19; |
Currency Pairs | 15 |
Signals Sent By | Telegram app, Email and SMS |
Payment Methods | Credit Card or Paypal |
Official Website | https://www.1000pipbuilder.com/ |
1000pip Builder, founded in 2016 by Bob James, a seasoned forex trader, is a trusted provider of forex trading signals. Offering an average of 2-7 trading signals per day, 1000pip Builder provides 24/5 service from Monday to Friday. The pricing structure is transparent with three subscription options: a one-month, three-month, and six-month subscription priced at £44,£24, and £19 respectively. Although it doesn't offer free signals, it provides a 30-day money-back guarantee, allowing traders to assess their services without risk. What set 1000pip Builder apart is that it provides quality trading singals, plus detailed signal analysis, comprehensive performance tracking, and round-the-clock support via email and SMS.
✅Where 1000pip Builder shines:
• Backed by Bob James, a professional trader, with almost 10 years' reputation.
• Providing access to 15 currency pairs
• Receive up to 7 forex signals per day
❌Where 1000pip Builder shorts:
• No free forex signals offered
• Limited market access, only major fx and some fx crosses
• Lack of automated trading function
FX Premiere.com
Name | FX Premiere.com |
Launched in | 2010 |
Number of Singals Per Day | Up to 15 Forex Signals (platinum membership) |
Free Signals | ❌ |
Pricing | 1 Months Telegram Access:$47 4 Months Telegram Access: $97One Year Telegram Access: $200 LifeTime Telegram Access: $500 |
Currency Pairs | Not Stated |
Signals Sent By | Telegram |
Payment Methods | Card, Debit, Apple Pay, Google Pay, Crypto |
Official Website | https://www.fxpremiere.com/ |
FX Premiere.com, founded in 2010, is a well-established forex signals service intended to assist both beginners and experienced traders. FxPremiere does not produce its own trading signals. Rather, it consolidates and forwards trade suggestions from over 50 distinct providers through the FxPremiere Telegram group.
FX Premiere offers tiered membership subscriptions starting at $47 per month. Subscribers can expect to receive up to 9-15 daily signals via Telegram across various currency pairs and commodities, gold, silver, oil, and indices While FX Premiere does not provide free signals, it sets itself apart by offering a unique feature in the form of daily forex learning guides.
✅Where FX Premiere.com shines:
• Up to 5 Signals per day
• Get access to over 50 forex signal sources
• Diverse markets to access, forex, indices, gold, silver and more
• Offer free signals
• 7/24 live customer support
❌Where FX Premiere.com shorts:
• Inconsistencies in signal quality provided
• You have to decide which signal providers to follow
ForexSignals.io
Name | ForexSignals.io |
Launched in | 2014 |
Number of Singals Per Day | Up to 5 signals |
Free Signals | ❌ |
Pricing | Monthly: £79Lifetime: £499 |
Currency Pairs | Numerous |
Signals Sent By | Telegram |
Payment Methods | Credit/Debit Card, Paypal |
Official Website | https://www.forexsignals.io/ |
ForexSignals.io, founded in 2014, has rapidly grown into a major player in the forex signal service industry, serving traders of all levels of experience. The channel operates 24/5, Monday to Friday, delivering an average of 3 to 5 signals per day. It has a transparent pricing structure with three tiers: a one month package at £79,a lifetime package at £499. Notably, ForexSignals.io doesn't offer free signals, a one-week trial option to help potential members to evaluate the quality of their signals. Unique features provided by ForexSignals.io include dedicated customer support, detailed insights accompanying each signal, and a user-friendly platform for prompt action on signals.
✅Where ForexSignals.io shines:
• Access to numerous
• 7/24 customer support
• User-friendly trading platform
• One-week trial period for free trial
❌Where ForexSignals.io shorts:
• Lack of Free Signals
• Limited educational resources
ApexBull
Name | ApexBull |
Launched in | 2016 |
Number of Singals Per Day | 3 signals |
Free Signals | ❌ |
Pricing | Forex/Gold Signals: $129 monthlyCrypto Signals VIP: $129 monthlyForex & Crypto Signals: $199 monthlyCopyTrading: $149 monthly |
Currency Pairs | Not Stated |
Signals Sent By | Telegram |
Payment Methods | Credit Cards, Debit Cards, Paypal |
Official Website | https://www.apexbull.com/ |
ApexBull is a forex signal channel launched in 2016, providing educational resources and trade suggestions for the financial markets. They offer 3 daily signals per day but don't have free options. Paid plans range from $129 to $199 monthly, covering forex, gold, crypto, and copy trading options. Specifically, Forex/Gold Signals are available for $129 per month.The Crypto Signals VIP service is also priced at $129 per month. A combined package for Forex and Crypto Signals is at $199 per month. Lastly, the CopyTrading service is available for $149 monthly. ApexBull stands out with live screen sharing sessions where you observe their traders in action, and personalized mentorship for deeper learning.
✅Where ApexBull shines:
• Various services including daily signals, personalized mentorship, and copy trading
• Team with over 10 years of industry experinece
❌Where ApexBull shorts:
• Some issues about their forex signals quality
• Fewer signals receiving compared to other signal channel
• Pricing slightly higher than other signal providers
WOLFX Signals
Name | WOLFX Signals |
Launched in | 2017 |
Number of Singals Per Day | 4-8 signals |
Free Signals | ❌ |
Pricing | Crypto: $89 per monthForex: $89 per monthCrypto & Forex: $139 per monthCrypto: $279 lifetimeForex: $279 lifetimeCrypto & Forex: $399 per month |
Currency Pairs | Not Stated |
Signals Sent By | Telegram Live alerts |
Payment Methods | Credit/Debit Card Paypal BTC, ETH, USDC and USDT |
Official Website | https://wolfxsignals.com/ |
WOLFX Signals, established in 2017, is a reputable provider of forex and cryptocurrency trading signals. Its creator, Mike Thompson, leverages his extensive experience in financial markets to offer effective and reliable trading insights. This platform has quickly gained recognition for its consistent and accurate signal delivery, thus becoming a trusted resource for traders seeking quality trading signals. Packages range from monthly subscriptions of $89 for either Crypto or Forex signals, $139 for combined Crypto & Forex signals, to lifetime packages of $279 for Crypto or Forex and 399 for combined Crypto & Forex. WOLFX Signals delivers between 4-8 signals per day, Monday to Friday. Notably, there is no free signals with WOLFX Signals, but it offers a 15-day trial period at a reduced rate for traders to analyze their services. Besides, 24/7 WOLFX Signals also provides customer service via email and SMS.
✅Where WOLFX Signals shines:
• 1-4 analyses per day
• Telegram live alert
• 7/24 live customer support
• Automated trading bot for forex and cryptocurrency trading
❌Where WOLFX Signals shorts:
• No free option features
• High monthly subscription fees
AltSignals
Name | AltSignals |
Launched in | 2017 |
Number of Singals Per Day | 3 signals |
Free Signals | ❌ |
Pricing | Forex: $126 per monthBinance Futures: $126 per monthAltalgo Indicator: $252 per month |
Currency Pairs | Not Stated |
Signals Sent By | Telegram |
Payment Methods | Credit Card or via Crypto |
Official Website | https://www.altsignals.io/signals |
AltSignals, founded in 2017 by trading expert Robert Parker, is a highly regarded provider of forex and cryptocurrency trading signals. 3 signals are delived on the AltSignals platform per day. Their monthly subscription is priced at $126 for Forex and Binance Futures signals each, and $252 for the Altalgo Indicator. Whilst free signals are not part of the offering, AltSignals does provide a two-week trial for potential users to assess the quality of their service.
✅Where AltSignals shines:
• 3782 signal sent 2023
• Supporting crypto signals
❌Where AltSignals shorts:
• No free signals offered
• High monthly subscription fees
Ultreos Forex Signals
Name | Ultreos Forex Signals |
Launched in | 2018 |
Number of Singals Per Day | 15-20 signals |
Free Signals | ❌ |
Pricing | $75 per month$110 per year$230 lifetime |
Currency Pairs | 61 |
Signals Sent By | Telegram |
Payment Methods | Credit, Debit Card, PayPal |
Official Website | https://ultreosforex.com/ |
Ultreos Forex Signals, established in 2018, positions itself as a reliable source of forex trading signals. Ultreos Forex Signals offers an average of 15-20 signals per day, ensuring traders are tapped into the pulse of the forex market. Packages are flexibly priced: monthly subscription costs $75, yearly subscription costs $110 ,while lifetime plan is available at $230. Ultreos Forex Signals does not offer free signals. They do, however, provide an introductory trial period for new users to evaluate their service.
✅Where Ultreos Forex Signals shines:
• Weekly target of 300 pips
• Supporting major, minor and exotic currencies
• Live Trading Room
• Performance Tracking
❌Where Ultreos Forex Signals shorts:
• No free signals offered
• Issues with their forex signals quality
BL Tech Pro
Name | BL Tech Pro |
Launched in | 2016 |
Number of Singals Per Day | 5 VIP signals daily |
Free Signals | ✅( occasionally) |
Pricing | 2 month subscription: $50 4 month subscription: $80 1 Year subscription: $150 Lifetime subscription: special discount $100 |
Currency Pairs | Not Stated |
Signals Sent By | Telegram |
Payment Methods | VISA, MasterCard, Skrill, Neteller, Perfect Money, Bitcoin, Tether and more |
Official Website | https://forexsignalslivebuysell.com/ |
Launched in 2016, BL Tech Pro aims to provide traders with forex and crypto signals alongside educational resources. As for package plans, they incentivize longer subscriptions with significant discounts, particularly for the yearly and lifetime options, with a one-year subscription at $150, lifetime subscription at $100. BL Tech Pro provides both free and VIP forex signals. Their free signals come with a target of profits between 12 to 40 pips. While, their VIP signals aim significantly higher, with a profit target ranging from 50 to 300 pips.
✅Where BL Tech Pro shines:
• Discount rate for longer subscription
• Free signals offered
• CopyTrading available
❌Where BL Tech Pro shorts:
• Absence of Performance-Based Tiers
• Relatively High Starting Price
• Mixed Customer Reviews:
Billionaire Forex Signal
Name | Billionaire Forex Signal |
Launched in | 2015 |
Number of Singals Per Day | 5-8 signals |
Free Signals | ❌ |
Pricing | $90 for 1 month$130 for 2 months$200 for 3 months$280 for 6 months$350 for 12 months |
Currency Pairs | Major, Minor, Exotic |
Signals Sent By | Telegram |
Payment Methods | Not Stated |
Official Website | https://billionaireltd.com/ |
Billionaire Forex Signal, a reputable trading signals channel, was officially launched in 2015, aiming to provide its users with real-time, accurate, and actionable trading signals. Billionaire Forex Signal approximately 5-7 intraday trading signals per day, thereby optimizing trading potential. Members also receive a full analysis of each signal, including a pricing chart with trend lines. Most signals come with a risk-reward ratio of 1:2. Prices are a bit steep, with monthly plans costing $90. Discounts are available on longer-term plans.
✅Where Billionaire Forex Signal shines:
• Get signals on majors, minors, exotics
• Claims an accuracy of 93%
• 500+guranteed weekly profits
• 1:2 risk to reward
• 7/24 live customer support
❌Where Billionaire Forex Signal shorts:
• Slow customer support response
• Pricing on the slightly higher side
RoboForex
Name | RoboForex |
Launched in | 2005 |
Number of Singals Per Day | 1-5 signals |
Free Signals | ❌ |
Pricing | Ranging from $9.99 to $69.99 monthly |
Currency Pairs | 40 |
Signals Sent By | Not stated |
Payment Methods | AstroPay, Skrill, Neteller, Perfect Money, STICPAY |
Official Website | https://roboforex.com/ |
Launched in 2005, RoboForex is a well-established broker offering diverse financial services, including forex trading signals. Their signals provide insights for navigating the currency market and capitalizing on profitable opportunities. On the RoboForex platform, typically 1-5 signals are delivered daily, focusing on short-term intraday or swing trading opportunities. RoboForex doesn't offer free signals. Subscription plans vary depending on your chosen provider and asset class (forex, crypto, metals) with prices ranging from $9.99 to $69.99 monthly. Additionally, they offer a one-time purchase option for your preferred signal providers.
✅Where RoboForex shines:
• Subscription fees are cheaper than many signal providers
• Acting as forex brokers and signal provider
❌Where RoboForex shorts:
• No free signal options
Frequently Asked Questions (FAQs)
Are trading signals legit?
Yes, trading signals are genuinely legit for traders. Trading signals, in essence, are forecasts derived from fundamental and technical analysis. Hence, what's being offered are essentially educated inferences, which is completely legit. Nonetheless, such signals are predominantly speculative in nature and should be regarded as instructive resources.
What does forex signal look like?
Trading signals can come in various formats depending on the provider, but they typically include the following key elements:
Instrument: The currency pair, stock, or asset the trading signal is for.
Entry price: The recommended price at which to enter the trade (buy or sell).
Target price: The price at which the trade should be exited for a profit (take-profit).
Stop-loss: The price at which the trade should be exited to limit losses.
Rationale (optional): Some signals may provide an explanation for why the trade is being recommended, including technical analysis indicators or other factors.
Here's a simple example to show what a trading signal is like:
EUR/USD (Buy)
Entry: 1.1000
Target: 1.1100
Stop-loss: 1.0950
This signal suggests buying the EUR/USD pair when the price reaches 1.1000, aiming to profit if the price rises to 1.1100. If the price falls to 1.0950 before reaching the target, the trade should be exited to limit losses.
What are types of forex signals?
Manual vs Automated Forex Signals
Manual signals comes from human analysts performing market research and trend analysis. Let's say an analyst studies the EUR/USD pair and predicts a bullish trend based on technical patterns and economic conditions. Then, this analyst will send out a manual signal to buy this currency pair.
On the flip side, automated signals are generated by sophisticated algorithms or robots that interpret market conditions based on pre-set criteria. For instance, a trading robot may be programmed to send a signal to sell GBP/USD when the 50-day moving average crosses below the 200-day moving average.
Paid vs Free Forex Signals
Paid signals are typically provided by professional analysts or companies who charge a fee for their research and market analysis. For example, a paid signal may include detailed market conditions, the reasoning behind the signal, and entry, stop-loss, and target-profit points.
Free signals, on the other hand, are often more basic and may not offer the same level of detail or customer support. A free signal might simply indicate a potential trading opportunity, such as “Buy EUR/USD at current market price”
Entry vs Exit Forex Signals
Entry signals tell when and how to enter a trade. For example, an entry signal might suggest buying the USD/JPY pair when it breaks above a certain resistance level.
Exit signals, alternatively, suggest when to close an open position, aimed at securing profits or minimizing losses. An exit signal could suggest selling AUD/USD when it falls below a certain support level, to limit potential losses.
Are trading signals always accurate?
These signals is usually the work of seasoned traders, computational algorithms, or often, an integration of the two. Yet being this, the accuracy of these trading signals can vary significantly. Firstly, market unpredictability largely impacts trading signal accuracy. Various factors such as economic trends, policy changes, and geopolitical events can cause sudden forex market changes, which the signals might not anticipate. Secondly, Signal quality heavily rely on its analytical foundation. More detailed market analysis generally yields more reliable signals. Yet, the complexity of financial markets makes it impossible to account for all influencing factors and to predict their impact with absolute certainty. Thirdly, technology plays a role when it comes to automated signals. System glitches, delays in data feed, and inability of the algorithm to adapt to market can affect signal accuracy.
Should I choose free trading signals?
Free signals can be a good starting point for beginners looking to understand how signals work, but they often offer more basic information compared to paid services. They may lack the detailed analysis and customer support that typically comes with paid signal services. Furthermore, free signals may struggle to keep accuracy due to the “free nature”. Therefore, if you are a professional trader or trader who pursues accurate signals and profits, ideally, choosing paid signal plans is a good option.
Can I trade without trading signals?
Absolutely, you can trade without signals. While forex signals provide a guide on when to trade based on a certain strategy, lacking them means you're tasked with formulating your own plan. For example, a trader might study market trends, economic data, and geopolitical events to decide when it's best to enter or exit trades. Effectively, without signals, the trader becomes their own signal creator.
About WikiFX
On WikiFX.com, our evaluations of online forex brokers, along with their offerings and services, are derived from the data we've gathered and the informed insights and professional perspectives of our expert researchers.We conduct a thorough review of each broker's regulatory compliance, commission rates and charges, minimum deposit needs, leverage availability, performance of the platform, and the speed of withdrawal processes. Through our technologically-backed assistance, we strive to ensure you have a understanding of these aspects. We sincerely maintain an updated leaderboard of top brokers and offer extensive forex guides. With a catalog of over 50,000 brokers regulated by 30+ authorities,boosting confidence and simplifies trading experiences for your forex journey.
Disclaimer: All information published in this article is intended for informational purposes only, and it should not be considered as individual recommendations.
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