There are dozens of forex signal providers in the market today. The job of the forex investor is to do their due diligence on the various providers, and to determine which provider is best for their needs. In this blog, you will find various providers, and we aim to evaluate as many signal providers as possible.

There are a number of steps which forex traders can take to ensure that they do not get scammed by a forex signal provider. Firstly, they should demand that the signal provider offers proof of their claims of profits.

All too often, a website will make wild claims about the performance of their trading strategies, but after you have signed up to their signal service, and paid over your hard earned cash, the signals you receive do match up to the promises.   Forex signal providers should be able to provide you with account statements if they are in fact true.

Secondly, you should ask for a free trial of the forex signals.  Many forex signal providers offer this as standard – either a 7 day or a 30 day trial.  This gives the forex trader some time to evaluate the quality of the forex trades, and to test out the signals on a demo account before trading on a live account with real money.

Lastly, when you do sign up for a forex signal service, it is advisable to test the signals out on a demo account first.  This way, you can build up confidence in the service provider, and gives you an added layer of comfort in the quality of the forex signal service provider.

Once again, as on every first Friday of every month in recent months, the Non-Farms Payroll figures gave little indication of where the economy might be heading, and gave no real indication of the effects on the currency markets.

U.S. non-farm payrolls slumped 85K in December after rising a revised 4K in the previous month amid expectations for a flat reading, while the annual rate of unemployment held steady at 10.0% for the second consecutive month.

Initially, the Dollar weakened heavily against the Euro on the disappointing figures, and despite a significant retracement in the afternoon, ended up closing at 1.4416. The Dollar faired slightly better against the Pound and by the end of the day finished pretty much flat on the day, at 1.6025.

Tags:

Recently we reviewed Forex VPS. In our opinion, Forex VPS is one of the, if not THE leading forex hosting service providers on the market.

Customer Service10.0/10
Downtime9.0/10
Ease of Installation9.0/10
Trading Effectiveness9.0/10
Platform Accessibility10.0/10
Forex VPS is one of the leading forex hosting service providers on the market, having been around for the past 5 years.

Tags:

There are a multitude of commercial MetaTrader Expert Advisors on the market today.  So how should you go about choosing which is the right EA for you?
The first thing to check is that the EA has been thoroughly backtested.   If you are buying a commercially available and developed EA, the developer would have carried out [...]

As many of you will already know, the National Futures Authority (NFA), the US reulatory body which regulates forex brokers based or operating in the US, have recently introduced new rules governing the operation of retail forex brokers. These are set out below.  For more detailed information, ygou can go to the NFA website at [...]

Forex Signal Software
As more and more investors leave the stock market in favour of better returns, forex trading has become increasingly popular. Not all traders have the time or expertise to sit in front of a computer all day taking trades, and so a huge market has opened up for forex signal software.
What Does [...]

If you are a forex trader, then you may be familiar with Metatrader expert advisers.  Expert advisers (or ‘EA’s’), as they are sometimes known) enable forex traders to build their own automatic trading systems, which trigger trades on their trading account automatically.
One way a forex trader can autotrade the forex market 24 hours a day [...]

Zulutrade is one of the leading automated forex trading systems.  Zulutrade is unique in that it offers forex traders access to thousands of forex signal providers, all free of charge. Zulutrade provides a platform for forex traders and forex signal providers alike, and enables trader and investors to select a number of different providers to [...]

Introduction to Forex Software
The use of forex software is becoming increasingly popular amongst forex traders, seeking to gain an edge in  the forex market.
Different Types of Forex Software
Forex Software comes in many forms, from software which alerts you as to when to take a trade, to platforms where you can manage multiple forex signal providers, [...]

Using free forex trading signals is an ideal way for novice and experienced forex traders alike to benefit from the forex market, expecially if they do not have the time to sit in front of a computer all day.
For novice forex traders, free forex trading signals are an excellent way to start their career in [...]