Hello and welcome to the Forex Signals Review.
I have been reviewing hundreds of products and many of them are about trading. Unfortunately, the majority of these companies are shady and it is not recommended to invest with them.
With that being said, it is also difficult to find a company that is a real deal and delivers as promised.
How about Forex Signals? (To be more specific ForexSignals.com).
Well, right off the bat I can tell you that I am glad that ForexSignals.com is legit, and if you would like to learn more about this company, stay with me.
Please note, the following post might contain affiliate links. That means if you click on them and purchase the product, I will receive an affiliate commission at no extra cost to you. This review is based on research and information available online in the public domain. Any recommendations and conclusions are only opinions and may not apply to all persons or situations.
Name: Forex Signals
Price to Join: starts at €39/month (about $48) – Check the Price Structure below
What is ForexSignals.com?
As the name suggests, Forex Signals is a platform providing you with the right trading opportunities at the right time. Besides the accurate forex signals, this platform has a plethora of educational material that is available for you.
On top of it, you are part of a community of like-minded people where they share ideas, suggestions, tips, and tricks.
Being able to learn from other traders is always a big advantage.
They offer a 7-Day Trial where everyone can test out the platform and decide whether to become part of it or not.
With the most popular “package” you get access to mentors that answer your questions and provide you with feedback.
In fact, you can form your own opinion by checking their Youtube channel.
I believe it makes sense to subscribe to their channel as they come up with a new video on a weekly basis.
Who is Behind the Forex Signals?
ForexSignals was founded by professional trader Nick McDonald in 2012.
The idea started when Nick couldn’t find any trading room where people would share their ideas and discuss the market.
That was the problem that he decided to solve and therefore founded the trading room as we know called ForexSignals.com.
As the community has been growing, in order to offer the best service Nick started to hire mentors.
Mentors with experience and with a proper attitude and coaching skills.
Currently, there are 3 mentors within the ForexSignals and each member of their community has access to all of them every day.
(regardless of your TimeZone).
The guy you have probably seen at their website (or on Youtube) is Andrew Lockwood.
He is a financial market veteran with 30 years of experience.
In the last 20 years, he has been profitably trading the Forex Markets and currently he educates thousands of students.
Currently, he is a head coach at ForexSignals.com.
As mentioned there are 3 mentors with over 50+ years of experience combined, with trading.
Who is it for?
The company was founded based on the idea that anyone can start trading.
Therefore this is perfect for newbies that want to learn the basics and also for experienced traders.
It is very suitable for those who want to learn strategies, or become exceptionally good in the learning and want to be consistent in the markets.
In case you have tried trading alone and found it difficult you probably realized that it would be better to be part of a community.
A community of well-experienced mentors that offer you the right direction.
No wonder that the company has more than 40,000 members from all over the world
You won’t find there just forex signals.
Also, there is a lot of educational materials at your disposal, and from my experience, it is very well explained.
For example, you will be shown strategies and techniques as well as techniques for the proper mindset of the trader;
- Have realistic Expectations – is the market going to give you a 40% return a year? Is it realistic in a month? Probably not (Only scams a Ponzi Schemes claim such returns as for example Torque Trading).
Therefore, make sure to be realistic and assume for example 4 to 6% per month.
- Understand probability and Law of Large Numbers – It is a game of probability (you will learn more inside the ForexSignals.com).
- Back Testing – Check how the strategy performed in the past, in other words, do your homework and keep doing it.
Every ForexSignals member learns new skills every day, but be prepared to be focused and patient.
Most people fail because of a lack of discipline and dedication.
But if you are eager to learn new skills and strategies, ForexSignals is definitely for you.
What do you get?
As you know by now, you can sign up for free and check the platform out.
Also after signing up you will get a “Naked Trading Strategy 2021” or also called Trading Cheat Sheet, directly from Andrew Lockwood.
Over the next 7 days, you can expect 3 video lessons where Andrew shares the naked trading strategies.
As a member, you have access to specific ForexSignal features, such as Exclusive trading social media networks, or daily live streams.
For more detail check the ForexSignals.com site directly.
Let me just pick a few aspects;
- mentors are looking at 5 trading sessions every day, so they help the community with their trade ideas and how to find the winning trades.
- you get hundreds of hours of educational videos, structure from the basic to complex strategies and analysis
- of course every member has access to the chat room and since there are thousands of people from all around the world, there is always someone you can reach out to
Let’s check the price.
What is the Price?
You have 3 choices of membership and you can choose whether you want to stay with ForexSignals for a month, 6 months of the entire year.
Obviously, the best deal is to sign up for a yearly membership, not just because of the lowest monthly fee, but also you get the best service.
And here is the breakdown:
- The Apprentice – 1 Month Room Access for 79€ billed every month (that is about $96)
- The Committed – 6 Month Room Access for 41.5€ billed every month (about $50.30)
- The Professional – 12 Month Room Access for 39€ billed every month (about $48)
It is important to notice that with the Apprentice package, you don’t have exclusive brokerage access.
With this monthly room access, you don’t have direct contact with the mentors either.
On the other hand, the most popular one (which costs about $48 per month) comes with a priority pass, in case you have questions for mentors.
Also, you get software that scans the market and you will be notified on your phone about the potential trade opportunities.
And there is more.
No matter what kind of room access (or I call it “package) you can always test this out.
There is a 7 day- free trial where you have to pick your username, email address, and password.
They take your credit card information as well, but in case you won’t join them, they don’t charge you anything.
By now you know that Forex Signals is a real deal and the fact that you can test it out for free for an entire weekend proves the legitimacy of the company.
What Other People Think about ForexSignal.com?
It is always recommended to check forums and reviews about a specific company, especially when it comes to your money.
One of the best review sites that one can check is trustpilot.com.
Generally speaking, it is advisable to take these reviews with a grain of salt. I have seen many reviews where it was obvious that people leaving extremely good ratings were just promoting the actual product.
Typically there are only a couple of reviews.
But the more people write the review the higher chance is that they are genuine.
From my experience, it seems that ForexSignals reviews are legit (at least 90% of them – my estimation).
As we see from one specific average rating, people from ForexSignals do their best to leave feedback.
This is not really common when it comes to other similar companies.
Before we wrap up let’s see the Pros and Cons.
What I like about Forex Signals
- Great Trading Active Community
- An excellent choice for beginners who want to become professional traders
- Easy to understand video lessons and great education tools
- No previous experience with Forex needed
What I don’t like Forex Signals
- Limites access with a monthly subscription
- Requires time dedication
Some Thoughts at the End
Forex trading becomes very popular and therefore you find tons of new companies (or just websites) claiming that you can get rich quickly.
Most of them are not even 1 year old, and their service is very poor. Many of them are scams so no wonder that people are skeptical about such companies.
It is perfectly OK to be skeptical.
That way you won’t fail in a forex trading scam (or any other scam).
Let me finish with my favorite quote:
“There is no such thing as Something for nothing”, from Napoleon Hill.
Therefore it is important to gain knowledge and new skills and with ForexSignals it is a great opportunity.
In other words, the best investment is in yourself.
What makes your life better?
Of course, there might be a lot of things, but one of them is learning new skills.
And what makes a person happy?
The progress. The notion of learning new stuff and be at smarter tomorrow than today, at least by 1%.
Regarding the Forex Signals, go check their YouTube channel and check the videos.
Take the advantage of a free trial and check how you do you like it.
You have enough time to decide whether this is a good company to invest in or you want to check somewhere else.
In case you have questions regarding the Forex Signals, or you want to share your experience, please do so by leaving the comment below.
That way you help this page, so more readers can benefit from it.
Thank you for reading