Both new and experienced traders can use trading signals to increase their profits. Our investment experts have tested and rated the best trading signals and you can learn more about them in the in-depth comparison below.
What are the best trading signals?
If you’re ready to get started right away, you can check out the table below. Includes top rated trading signal providers. Simply click on one of the links to get started in minutes.
Key Trading Signals
1. Zen Trading Strategies: Best Overall
Zen Trading Strategies is an algorithm-driven business research company that offers a suite of services and tools. He specializes in trading strategies and signals and has a proven track record of making successful choices. On his website, you can find his trading signals history which includes stocks, forex and cryptocurrencies.
Some of the other services it offers are TradingView Premium Indicators. Each of its tools is precisely designed for different trading styles such as day trading, scalping, and swing trading. Its indicators can be fully automated, providing around-the-clock trading signals.
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- Trading signal log available
- Many custom tools
- Automated Trading Strategies
- Free Trading Signals
- The results have not been verified by a third party
- Annual subscription is a bit expensive
2. 3Commas: Best for Cryptocurrency Trading Signals
Our cryptocurrency experts have chosen 3Commas as the best trading signals for the cryptocurrency market. Like many trading signal providers, 3Commas has completely automated the process of receiving a signal and placing a trade. With its suite of bots, users can simply download an app and link it to their trading account and the software will take care of the rest.
Its automated trading tools operate on 18 exchanges, including the largest such as Binance and FTX, so you will have plenty of options when using their bots. One of the best features of 3Commas is the free trial version, where you can test its services without having to give up any money. Its monthly subscriptions offer a tired structure depending on the service you want.
Subscribe to 3Commas>
- free try
- Fully automated trading
- Can be linked to 18 crypto exchanges
- Ability to get trading signals from other users
- There are no historical results
- Pro account is $99 per month
3. Pips Alert: Perfect for Forex Trading Signals
Pips Alert provides trading signals for the forex market. It does not offer any automated tools and instead works like a traditional signal service where you receive trading ideas early. You can receive their forex trading signals via SMS or desktop notification. Each pair signal includes an entry price, a stop loss price and a target price.
The service includes a range of currency pairs, including many major and minor currencies. On his website, you can view his performance history and you can even watch videos of the trades in action. Another advantage of Pips Alert is the forex trading course which is a free benefit for subscribers of trading signals.
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- The results are available on the website
- Send trading signals directly to your mobile phone
- Free forex trading course included
- Lots of positive reviews
- Results not verified
- No automation
4. Conscious Trader: Best for Stock Trading Signals
If you want to take advantage of the stock market, then Mindful Trader trading signals are a good choice. The service is run by a trader named Eric who offers data-driven stock selections through his website. What sets the service apart is that all previous trading signals can be displayed, along with a live stock curve.
To use the service, you will need to register with a broker that offers not only stock trading, but also options and futures. It can be accessed for a reasonable monthly subscription fee of $47, and you will also receive tutorials to learn Eric’s trading strategies if you want to trade on your own.
Sign up with Mindful Trader>
- Historical Shows Available
- Direct Equity Curve
- Reasonable monthly fee
- Cancel at any time
- You will need a broker that has options and futures in addition to stocks
- Discussions can take a long time
What are trading signals?
Trading signals are “tips” that suggest when to buy or sell a particular asset. Trading signals can cover a group of assets or focus on just one. When using trading signals, it is important to make sure that you are dealing with a reputable provider. Using trading signals can increase your profits and is especially useful for beginners.
How do trading signals work?
Usually, a trading signal is sent to you via email or SMS, although many providers now offer the option to automate the process. When a trading signal is sent to you, it will include the following information: asset, buy or sell, entry price, stop loss and target. Automated trading signals will automatically place a trade on your platform.
How do you choose trading signals?
When it comes to choosing a trading signals provider, there is one major aspect to consider and that is the results. However, if you want to make the best decision, there are a number of other factors that you need to take into consideration and we have summarized them below.
- consequences. It goes without saying that you should only join the trading signals service if it is profitable. Top providers will have no problem showing you their past performance. It is a good idea to avoid any service without any results.
- cost. Most trading signal services offer a monthly subscription fee, although some require a one-time payment. When choosing a service, pay attention to the fees and not necessarily that the higher the fee, the more profit you will make.
- verification. We’ve already mentioned that results are a top priority when choosing a service, but it’s safer to choose a service whose results are verified by a third party. There are plenty of apps that can do this to give you peace of mind.
- notice. Reading online reviews of other subscribers is a good way to understand how the trading signals service works. Honest feedback from other customers will let you know if the results are real and what you can expect.
- Covered property. Some services cover a range of assets while others only stick to one or two. If you want trading signals for many different markets, you need to find a provider that covers them all.
- automation. Automated trading signals service can save you a lot of time and is a good option to ensure that you do not miss a single trade. Automated services are also useful if you live in a time zone where you may be asleep when sending transactions.
Should I use trading signals?
It will depend on your particular situation and whether it is suitable for you. Beginners should definitely consider using trading signals as they can offer an easy way to profit while learning. Experienced traders can also use trading signals to increase their profits or be exposed to a market in which they are not currently trading.
What are the risks of using trading signals?
The main risk of using trading signals is to lose your money. Although this risk can be removed if you go to a reputable provider. Below we have included some of the benefits and risks of using trading signals.
- You can make extra profits with a little work
- Access to other markets
- Easy to use trading signals
- Trading signals can be automated
- You can lose your money if the signals are not good
- It can be hard to find a reliable service
What are the fees for using trading signals?
Each trading signals service has its own pricing structure, so it varies depending on the provider you choose. Usually you can pay a monthly fee to get the signals, although some services require a one-time payment. Trading signals usually cost anywhere from $25 a month to over $100.
Methodology: How did we choose the best trading signals?
The list of trading signals services on this page has been extensively tested by our trading experts. During testing, we signed up for a service, used signals, and evaluated customer support. We also checked if the signals we received were honestly reflected on the Services website performance page.
When comparing each service, we used a range of online reviews as well as our own research. Each trading signal service is rated for a range of factors. None of the services listed on this page affected our comparison ranking. However, sometimes we may receive an affiliate commission if you click on a link and register an account.
You can view our full review process here.