subject: The Forex Signals Review – Is The Forex Signals Service A Scam? [print this page] The Forex Signals Review Is The Forex Signals Service A Scam?
Is The Forex Signals service a scam? There are already many service websites today that provide clients with Forex currency pair trading signals. However, having tried many of them, I am usually skeptical about them especially seeing how most of these signals have caused me to lose money in the past. Some signal services generate their signals automatically using automated analysis tools, while others involve manual traders working behind the scenes.
Are Manual Or Automatic Trading Signal Services More Profitable?
Most of the time, I have found that manual signals are usually more profitable and safer, but of course, this usually comes with higher membership fees since there needs to be more manual work done.
The service will generate an alert whenever it finds a profitable trading opportunity and then send out alerts based on the method of contact that they member has chosen. This can be via handphone SMS or even email. Some services are even able to go as far as working together with your broker or bank to make these trades for you.
What Other Products and Materials Can You Expect to Get By Joining The Forex Signals?
I am sure that you already know by now that this membership service site offers different levels of membership for customers with various needs. There are basic level memberships for those who only wish to receive signals for the most basic currency pairs (Junior Package with 2 currency pairs at $99), medium level memberships for those who want to receive more currency pairs' signals as well as other popular markets like commodities, metals and major indices (Senior and Chief Dealer Package costing $197 to $297), and high level memberships like the Chief Dealer Package that includes personal mentoring (up to $997) for those who want to become independent traders themselves.
By signing for this membership, I have also received various advanced indicators and tools for the MetaTrader Platform.
