Forex trading has become quite easy, especially when you are using the right Forex signal from a reliable source that allows you to trade or exit at the right time. The signals are either based on news events or technical analysis charting tools. The trading program is developed with several signals that work together to enable you make a buy/sell decision. The signals are either free, bought, or developed by the Forex brokers themselves.
Here are some of the Forex brokers offering free Forex signals.
ETX Capital is a CFD and spread betting service based in the UK. They’re is regulated and authorised by the Financial Conduct Authority to provide financial trading. Its well-organised customer approach is the guiding principle behind its business operation, from client support, trading to technical analysis.
The company offers two reliable and efficient trading platforms, ETX Capital Proprietary platform and ETX MT4. Its innovative, proprietary platform is fast and powerful. You can execute trades within a time span of less than a second, allowing you to lock in the price you want. You can also trade through chart capabilities. Additionally, there are features like watch lists and guaranteed stops. The ETX MT4 platform is highly customised and equipped with a wide range of classy tools that are ideal for comprehensive charting and technical analysis purposes.
ETX Capital provides you with access to a wider variety of markets. Apart from spotting Forex, you can also trade in commodities, equities, stock indices, interest rates and bonds. Exchange traded funds are also available. The company offers a multilingual customer support 24/5. To get in touch with the support team, you can do it by fax, email, telephone, live chat and other online messaging systems.
ETX Capital relies on the principle of good governance to guide the way it operates its business. Having segregated accounts for daily Financial Resource calculation and clients help to ensure that the company is in compliance with Financial Conduct Authority requirements. ETX Capital is one of the best UK based brokers you can trade with. You can read our review of ETX Capital here.
XM is a licensed and registered Forex broker in the Republic of Cyprus, and regulated by the Cyprus Securities and Exchange Commission. The company complies with the EU regulations and is registered with the BaFin in Germany and FSA UK.
With XM you have the opportunity to trade commodities, Forex, CFDs, including gold trading, oil trading and silver trading with a licensed Forex broker. You have the ability to practice and trade Forex from popular MT4 software. Besides the software, you can use and back test some expert advice you may have. Currently, the company has 6 more trading platforms, including Android, Blackberry, Web trader, iPad, MAM and mobile phones where you can trade in the micro trading account, standard account, executive trading account, managed accounts, Islamic account and demo accounts.
XM offers a multilingual customer service via email, live chat, fax, telephone and other online messaging. The spreads are tight and executions are prompt. The company features loyalty and bonus program, allowing for a 30% initial deposit bonus and a 10% loyalty bonus on all subsequent deposits. It has excellent security, since all the information exchanged is encrypted by 128-byte keys. There are also three regulatory bodies to oversee the operations of XM. The company’s trade is executed efficiently with more than 99.35% of all trades completed in less than a second. It has no re-quote policy and orders are 100% executed. Overall, XM is an ideal broker for both novice and experienced traders.
AlfaTrade is one of the industries most respected and well known brokerages. It is regulated by the Financial Conduct Authority (FCA) in the UK, meaning it adheres to the strict reserve capital and management guidelines. So, you don’t need to worry about the safety of your deposit: all clients’ funds are regulated and segregated. The company provides various platforms for its clients. As the industry standard, you gain automatic access to the MT4 platform when you deposit money. The company also offers you a must demo account platform to allow you hone your trading before committing funds. Besides the platforms, you can gain access to a mirror trading account where you can “mirror” the results of successful traders in their own accounts.
AlfaTrade has three main accounts types, standard, premium and pro. The major difference between the account types is the spreads you gain access to with each type. If you open a standard account, the spreads start from three pips. On the other hand, the pro account the spreads start from 1.7 pips and the minimum lot size for all account types begins at 0.1. The customer is offered 24/5 support via email, telephone, Skype, Live Chat, and other online-based massage systems. The company is known for quick response to customers’ issues or queries, so you are in good hands as far as support is concerned. It is a good choice for both novice and veteran Forex traders.
Disclaimer: These brokerage services are for experienced traders only. Your capital may be at risk