What is a Signal Provider?

Hi Paul,

Thanks for coming here.

When you are trading, be it Forex, stocks, commodities, or any other asset, you will need to know the action to take-whether to sell, buy, or hold.

You get this information by using trade signals which you get either on your own, from another person or a software. This person or software is the signal provider. You can get the signals either via email, SMS, or alerts on your devices. Trading signals can be either paid or free, with the former being more reliable.

The signals will help you get truthful information and save you the hassle of scrutinizing the market yourself.

You should thoroughly research your chosen signal provider to get to know their performance well before engaging them. You can examine the reviews users have left behind. This is to avoid getting scammed or getting vague signals.

The most important thing to check about your signal provider is that they have a public and proven track record confirmed by an unbiased third party. Remember also to check their charges as well as their ranking.