Top Seven Telegram Channels for Forex Signals

Does your broker offer an automated copy trading service? If it doesn’t, trading signals can be a great way to capitalize on the experience of professional traders. In this article, we will take a look at some of the top Telegram channels providing followers with forex trading signals, which you can use to open trades.

1000pip Builder

Over the last ten years, 1000pip Builder has been helping its followers execute successful trades in the Forex market. The Telegram channel is run by Bob James, a seasoned Forex trader with over 15 years of trading experience.

Besides customer reviews, MYFXBook has verified 1000pip Builder’s trading results, thus making the Telegram Channel more reliable. Moreover, 1000pip Builder has a trust rating of 4.4/5 on the Trustpilot platform.

James lets followers reach out to him for help when they are stuck. The 1000pip Builder founder says his goal is to help all members of his channel succeed.

RoboForex

RoboForex is among the many brokers offering copy trading services. However, since its platform does not have a chatroom, it has opted for a Telegram channel, allowing investors and strategy providers to interact. In the channel, the lead traders do not shy away from sharing signals. They also inform you how much you need to deposit in your RoboForex account to mock their trading strategy. Signals shared in the RoboForex Telegram channel are both short-term and long-term.

ForexSignals.io

ForexSignals.io is another Telegram channel you should consider checking out. It comes in paid and free versions. Followers of the free ForexSignals.io channel usually receive an average of 3 signals per week. Also, they are informed daily of the developments that are likely to cause massive price shifts in the Forex market.

If you want to receive trading signals daily, the ForexSignals.io creators will require you to pay $80 monthly or $500 for a lifetime. Per customers’ reviews on the internet, many of those who have bought the subscription claim that it’s worth it.

FxPremiere.com

This Telegram channel touts itself as the best provider of Forex signals. Its free version provides a single signal on a daily basis. The paid version of the FxPremiere.com channel is where the actual magic happens. Subscribers receive 15 signals daily. These signals have an accuracy rate of over 70%. So, how much do you need to pay to get access to FxPremiere.com’s VIP channel? You can get lifetime access by paying $500 or $37 every month.

Free Signals Pro

As the name suggests, this Telegram channel offers free trading signals daily. Free Signals Pro only focuses on signals and sharing trading reports. What that means is you won’t see annoying messages persuading you to subscribe to the “VIP” channel.

Free Signals Pro is helpful, especially for novice traders who do not have enough money to pay for a subscription. You can get up to three Forex signals per day.

ApexBull

Another Telegram channel offering three free trading signals per day is ApexBull. And the good part is that the signals have a success rate of 88%. Besides sharing signals, ApexBull updates members of the channel on news that might have a major effect on the Forex market.

Sure Shot Forex

Over 25,000 traders across the world are members of the Sure Shot Forex Telegram channel. That shows how reliable this channel is. The Sure Shot Forex lead traders start the day by sharing a market analysis. Once they find a perfect entry point, they share the signal on the channel. You can get up to four signals per day for free.

How to Get Started With Forex Signals

Step 1: Download and install the Telegram app. After that, create an account using your phone number.

Step 2: Join any of the above-mentioned channels and turn on notifications.

Step 3: Every time a signal is posted on the channel, use it to open a market position in your broker account. Most of the time, the shared signal will look like this: “Buy EUR/USD now at 143.45, Take Profit at 144.78, Stop Loss at 142.96.”

Remember to use proper risk management because these signals do not guarantee profits.