There is no such thing as 100% and best forex signals providers when it comes to anything in life, and here we are talking about the forex market, so the chances are even less.
Anyone promising 100% accurate signals must have become a millionaire already. Now it’s their time to give back to society, so don’t fall for this trick.
We have seen signals accuracy up to 95%, but it is not at all consistent on some days.
To cut a long story short, you should instead look for the best forex signals providers that gives you real results. Unlike some fake providers out there, increasing the rate as the conversation flows.
The number of scammers is increasing day by day. It would be best if you were sure before you start paying someone for the “best forex signals.”
What all features you want from best forex signals providers
Website – Ensure that the forex signal provider firm you choose has a website. The scammers sometimes don’t even have a legit website. Making sure that they at least have a website is essential. If they are what they say, they must have added their track sheet to prove their performance. Go through the whole webpage diligently before moving forward.
Realistic Accuracy – There is no sure short formula to get 100% accuracy. Hence, we consider 70-80% accuracy realistic and achievable, so anyone approaching you with more than this range might be a scammer and are not real forex signal provider, so don’t get attracted with the higher percentage.
Consistent Returns – Any forex signal provider needs to work on consistent returns. Understandably, no one can get an accurate result every time in this volatile forex market. So putting the efforts to bring the overall consistent result, in the end, is very important for any forex signal provider firm. Best forex signals providers can give you 25-30% returns monthly. This target can be achievable, and any other firm promising more return than this is just playing with your emotions and making you fool.
Some other important factors
Personalized Signals – Don’t pay someone for adding you on their “official” WhatsApp or telegram group. You will get the same signals that thousands of other people like you are getting. Those signals are generalized and circulated for free as a promotion tool. Ensure that your forex signal provider provides you exclusive personalized signals that you are paying him for.
Competent Research Team – Ensure that you have had a conversation with the experts. They are ready to answer every query of yours. Do not entertain those marketing people who are unwilling to connect you to their experts or supervisors.
Risk Reward Ratio – There is no such thing as no risk and only rewards. Beware when someone approaches you with unattainable combinations such as 1:3 and above because these are all to get your attention and investment. The ideal risk reward ratio is always less than 1:3 because it is genuine and at the same time covers you well in case of losses.
You can also ask for some free trials (though many signal providers don’t promote that idea). You can again ask for their past performance record. If they are real, they will provide you with records without tantrums. Best forex signals providers will always provide you transparent channel and real facts.
Again, coming back to your question, don’t think of the forex market as a one-time striking deal; instead, focus on getting consistent returns so that you are slowly and steadily working your way up in the market.
We will be happy to help, so if you are still not sure about the signals or have any query related to this, feel free to contact us!