Whether you’re a beginner or a trading expert, using live Forex signal providers is an absolute must if you want to start investing the smart way. Successful Forex trading is all about research and timing and, given the rapid pace at which the market changes, you might not always be on point. Using a live signal provider, you can free up your time to diversify your strategies and focus on finding new opportunities, while these providers perform the more tedious tasks of monitoring the market and providing you with timely insights.
WHAT IS A LIVE FOREX SIGNAL?
A live Forex signal is a notification provided by a specialized company to alert its clients when the time is right to make a certain deal. Live signal providers regularly monitor the market and analyze data to provide clients with useful insights.
There are many signal providers out there, and choosing the top ones is difficult, to say the least. However, it is important to remember that not all are equally reliable. Some binary options signals are free, while others require a subscription. Below are our top choices when it comes to live Forex signals.
FOREX TRENDY
Forex Trendy is a complex system that constantly monitors 34 pairs of currency, day by day, each month of the year. Its clients receive charts regarding fluctuations in prices. The company highlights trends and patterns in market variations, so their customers know exactly when and what to trade.
The software uses intuitive visuals to represent the changes in the market. These graphs are a great way to quickly indicate useful patterns without the need of overly complicated study materials to understand what is going on. This is a very useful feature both for veterans who might not have the time to interpret valuable information from these in-depth charts. It’s also perfect for beginners who want to start trading as soon as possible.
FOREX SIGNALS
Forex Signals was created in 2012. Its owner, Nick McDonald, had begun trading Forex and was frustrated when he co