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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.


Forex Signals


10 Best Forex Signals Telegram Channels Overall

Forex Signals Channel Logos Why are they listed as the Best Forex Signals Telegram Channel?
1000pip Builder
1000pip Builder
Quality forex signals, noted for delivering solid performance data and comprehensive customer support.
FX Premiere.com
FX Premiere.com
Up to 15 quality signals per day, prized for its broad range of signals and transparent services.
ForexSignals.io
ForexSignals.io
Stands out for its emphasis on education alongside signal provision.
ApexBull
ApexBull
Distinguishes itself with signal accuracy and ease-of-use.
WOLFX Signals
WOLFX Signals
Recognized by its robust risk management strategies.
Ultreos Forex Signals
Ultreos Forex Signals
Valued for offering both automated and manual trading options.
BL Tech Pro
BL Tech Pro
Highlighted for their advanced use of AI in generating signals.
Billionaire Forex Signal
Billionaire Forex Signal
Recognized for its user-friendly interface and valuable market analyses.
RoboForex
RoboForex
Appreciated for its combination of trading signals and automated trading features.


Overview of the Best Forex Signals Telegram Channels

1000pip Builder

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.


1000pip Builder

✅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

fxpremier
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.



FX Premiere.com



✅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

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.


ForexSignals.io


✅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

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.


ApexBull


✅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

123
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.


WOLFX Signals


✅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

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.


AltSignals


✅Where AltSignals shines:

3782 signal sent 2023

Supporting crypto signals


Where AltSignals shorts:

No free signals offered

High monthly subscription fees


Ultreos Forex Signals

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.

Ultreos Forex Signals


✅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

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.


BL Tech Pro


✅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

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.


Billionaire Forex Signal


✅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

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.

RoboForex


✅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?

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.

Manual vs Automated Forex Signals

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”

Paid vs Free Forex Signals

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.

Entry vs Exit Forex Signals


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.


Are trading signals always accurate?


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.


Should I choose free trading signals?


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 trading platform, and the speed of withdrawal processes. Through our technologically-backed assistance, we strive to ensure you have a solid 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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