There are a large number of forex signals provider in the market, if you do a quick browse you will come across more than 200 in 5mins, there are a large number of however only a few will produce you money, we recommend you to look meticulously at specified details that will make you see if they are as good as they say.
Many individuals will certainly go for a low cost forex signal service without considering that this is not buying a cheap sofa or a mountain bike to make some exercise on the weekends, here you are risking your hard gained money based on a low cost advisor.
Deciding on a cheap provider could cost you a large percent of your trading funds which will be more than what you paid for the signals. If you pay 300$ for your signals and you make 600$ your final profit will be 300$ , not amazing but as you increase your trading capital your earningswill grow, meanwhile others will opted for a 50$ provider which unfortunately will lose in two trades 400$ , its worth it? If you have an excellent signals service you can produce as much money as you want, wouldn't most people spend 300$ or 400$ per calendar month for it?
When you search for a forex signal service you will see that a large number of them post excellent results, but barely any of them show you a real statement from a forex broker, they just show you an excel sheet with fancy colors and appealing numbers which every person can create on their computer, they don't post a screenshot where you can see the entry and exit on a real trading account; make sure you ask for real statement or image of the statements with profitable trades.
Every business out there is great and generates great results but why no business guarantees you a minimum number of pips? I mean if you make1000 pips per month as you claim in your results, why can't they provide a 200 pips guarantee? Well, in my opinion is because they don't generate them, why should you spend for services that don't produce the numbers they claim?
If you are searching for a reputable forex signal service, make sure they provide results or screenshots of a real statement from a real account and make sure that they provide a guarantee on their signals.