Using forex signals can save traders a lot of time and teach new methods
Forex Signals are regularly updated records on trades performed on currency market. In other words, signals act as a trade alert, which notify a trader when to enter or exit a trade. These signals can be obtained from companies that offer subscription services, presenting information on their web-sites or from a number of brokers who provide information for traders of standard or VIP accounts. The price of such service can vary from free, if you receive it from your broker, to a daily average of 5-10$ and higher depending on the individual or company providing it. There are also some packages that offer long term access for a one time subscription fee. In this case the price is reaching up to several hundred dollars.
Range of services offered by Forex Signals providers varies widely. Forex Signals pack may include anything from performance trackers, sms, email, and online alerts, to customer support via email or phone, and advanced analysis as a special offer. As trading signals providers should keep their strategies secret, trading with them more or less reminds blind date and requires high degree of confidence in the company or individual behind the issued signals.