Despite the various differences between CFDs and Currency trading, it is also undeniable that the market for both trading instruments have similarities. These similarities involve the execution, payables and platforms. Today’s discussion focuses on the fact that Contract for Differences and Forex market behaviour are analyzed with the use of similar charts and rating methods. These charts along with other useful trading tools are the main features of reliable trading. In this article, we shall provide you an updated review on 4 of the most efficient signal providers for both Forex and CFD.
- Pips Alert
Pips Alert became famous to several traders because of the story of its creation. I mean, who would not be enticed to check a website that has earned its reputation by reflecting the expertise of 15 well experienced traders who worked as the founding father of this website. While they offer enricing courses, it ranked 4th on our list because it never provides charts and indicators to help traders analyze market movements. Apart from that, Forex trading courses are only offered for 2 hours which is not enough for traders to absorb all the necessary information in the trade.
- Forex Signal Factory
This indicator provider provides pieces of information that are geared for newbies. Their signals help traders look for advantageous entry points for the sake of their respective trades. It is said that this is the most suitable signal website for novice traders because all of the services are provided for free. In our research, we found out that the Forex Signal Factory creators devised this site to be free of charge because they themselves (the creators) became sick of the false advertisement of signal websites saying that they offer free services even when they don’t. For it’s rating, users of this site loved the services but in terms of reliability, they say that they averagely rating the site. They say that the signals help them get their jobs done but the details are not as reliable as the paid platforms because of several factors.That’s the reason why it landed 3rd on our list.
This website is highly recommended by its users to all traders. When we say all traders, this means that everyone including novice traders can avail of their services. Users say that most of them found the signals brought by Forexsignals very meaningful towards making their trading decisions because of its transparency. Apart from that, the said signals platform offers additional service such as coaching and 24-hour customer service.
- Learn 2 Trade
This platform is so far the best platform that I have seen. Here are the reasons why it landed 1st on our list. Their signals are found to provide information with at least 92% trading success rating. This justifies the website‘s claim to provide accurate cryptocurrency and Forex chart updates with the help of their hardworking researchers and analysts. Learn 2 Trade is also a great source of learning materials for trading including a daily update of the latest business news. They have a 24 hour customer service plus they have additional connection to their patrons via telegram.
Despite the disclosure of our ratings to 4 of the Forex Signal Providers. Traders who are involved in Forex and CFDs should take note that experiences in particular website vary from person to person. You can use these information to immediately search for your best source of information but it is still better to try to check the websites yourself to see which among them is the most suitable platform for trading indicators.