When it comes to forex trading, making money is the name of the game. And there is no shortage of so-called “gurus” and “experts” out there who are more than happy to sell you their signals. But the question is: are they really worth it?
In this article, we’re going to take a look at some of the best free forex signals of 2023 and how they can help you make money in the forex market.
What are forex signals?
Forex signals are simply trading alerts for the currency market. They can come in the form of email, SMS, or an alert on your trading platform. They tell you when to buy or sell a currency pair, and often include take profit and stop loss levels.
Some signals are generated manually by analysts who look at the market and make their decisions based on their experience and knowledge. Others are generated by forex robots, which use technical indicators to identify market opportunities.
Why use forex signals?
There are a number of reasons why you might want to use forex signals.
The first is that they can save you time. If you’re manually analysing the market, it can take up a lot of your time. But if you’re using signals, you can free up that time to focus on other things.
The second reason is that they can take the emotion out of trading. When you’re manually analysing the market, it’s easy to let your emotions get the better of you. This can lead to impulsive decisions that are not based on logic or reason.
But when you’re using signals, you’re following a set of predetermined rules. This removes the emotion from the equation and can help you make more rational decisions.
The third reason is that they can help you diversify your trading. If you’re only manually analysing the market, you’re likely only looking at a small handful of currency pairs. But if you’re using signals, you can potentially trade a much wider range of pairs.
What are the best free forex signals of 2023?
Now that we’ve answered the question “what are forex signals?”, it’s time to take a look at some of the best free forex signals of 2023.
- Forexkits.com
Forexkits is a popular forex signals provider that offers both paid and free services. The free service includes 10 signals per day, and you can have them delivered via email or SMS.
2.1000pip Builder
1000pip Builder is another popular forex signals provider. They offer a 14-day trial of their paid service, which includes unlimited signals. But they also have a free service that includes 3 signals per week.
- ForexSignals.com
ForexSignals.com is a reliable forex signals provider that offers a free service with 10 signals per week. They also have a paid service that includes up to 50 signals per week.
- DDMarkets
DDMarkets is a signals provider that offers both paid and free services. The free service includes 5 signals per day, and you can have them delivered via email, SMS, or Telegram.
- TradingView
TradingView is a social network for traders. It’s also a great place to find free forex signals. Simply search for “forex signals” in the TradingView community, and you’ll find a variety of signals to choose from.
How to choose the best forex signals
Now that you know what some of the best free forex signals of 2023 are, it’s time to learn how to choose the right one for you.
Here are a few things to look for:
- A track record of success
When choosing a forex signals provider, it’s important to look for one with a track record of success. This will give you confidence that they know what they’re doing and that they’re able to generate profitable signals.
- A free trial
Many forex signals providers offer free trials of their paid services. This is a great way to test out the signals to see if they’re right for you.
- A money-back guarantee
Some forex signals providers offer money-back guarantees. This means that if you’re not happy with the signals, you can get your money back.
- A variety of payment options
When choosing a forex signals provider, it’s important to make sure they offer a payment option that’s convenient for you.
- A user-friendly platform
The forex signals provider you choose should have a platform that’s easy to use. After all, you don’t want to spend your time trying to figure out how to use the platform.
Conclusion
In this article, we’ve looked at some of the best free forex signals of 2023. We’ve also shared a few tips on how to choose the right forex signals provider for you.
So if you’re looking for a way to make money in the forex market, be sure to check out some of the signals providers we’ve mentioned.