, and most of them promise fast profits. However you have to be careful not to trust only their performance or statements history.
Make sure they give you an entry range and not just an entry price, because usually you wont be able to execute your trade fast enough with just a price and the time you get the signal the market has moved already without you on board. This way you will never know if the signal was genuine or just a scam.
We for instance focus on swing trading signals, which means we trade on higher timeframes and provide our clients with a price range to enter the trade, therefore giving them enough time to execute the signals. We also provide them with an exact stop level and different target levels to take incremental profits.
This is how it should be done.
It is important to look out for signal providers run by professional traders who actually trade the signals themselves. This way you will be presented with more realistic performance figures. You will have more faith in the signals themselves because you know that professional traders are also trading with you.
You will also benefit, because what could be than better than learning from professional traders.
Another point to consider is whether the signal provider has a nice offer for you. With some companies charging several hundred dollars a month for their signals, you don't really want to lose your hard earned cash before you've tested the signals yourself for a convenient price.
Feel free to take a look at our webpage at http://www.smartforexsignals.com , read the content carefully, watch our introduction video if you like and give us your feedback.