ForexSignals Review 2023

Bob Haegele
By: Bob Haegele

April 23, 2021

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
ForexSignals Logo


4.0 rating based on 5 ratings


In a nutshell: ForexSignals offers an engaged and active trading room for traders to learn, exchange strategies, and further their education.

It’s an incredibly useful trading room for both newer currency traders and veteran Forex traders. Our ForexSignals review shows this is an excellent option for enhancing your skills.

FeesService TypePromotion
$47 - $97/monthForex trading community7-day free trial

ForexSignals is a Forex trading community featuring a chatroom, community, and educational content to help you make more informed Forex trades.

Pros & Cons
  • Active trading community
  • Incredible educational tools
  • Good value for money
  • 7-day free trial
  • Signals don’t always work
  • Heavy time commitment

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ForexSignals Logo
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Minimum Deposit$0 - $20,000

Full ForexSignals Review

Would you like to trade Forex, but are not sure where to get started? ForexSignals has everything you need to learn the best strategies, get feedback, and gain access to some of the best learning materials.

ForexSignals is best for:

  • New Forex traders
  • Active, experienced Forex traders
  • Those who want to learn more about Forex

Do you want to engage with an experienced, knowledgeable Forex trading community?

ForexSignals UK has built a trading room of more than 40,000 active members. The opportunity to speak to the experts, learn through live streams, and gain access to comprehensive trading signals enables traders to sharpen their skills and unlock their potential.

Our review on ForexSignals believes this is an excellent learning platform that can help you to improve your profitability. Forex trading can be lonely, but this is a way to plug yourself into the wider community.

Keep reading our ForexSignals review and discover how this platform works.

What is ForexSignals?

Product Name
  • ForexSignals
  • Active trading room, exclusive mentoring, trading strategies.
Membership Fee
  • $47, $49.50, or $97 per month.
Customer Service
  • Live chat and email support.

ForexSignals was founded in 2012 by professional Forex trader Nick McDonald. Based in the UK, the core of this platform is the trading room. ForexSignals now boasts a membership of more than 40,000 members and its YouTube channel has generated more than 147,000 subscribers.

The trading room has gradually expanded its services to allow for exclusive mentoring from Forex traders with strong track records. Many of the on-site mentors have experience working directly on trading floors for major investment firms.

We believe this is a brilliant currency trading community with resources that far surpass its competitors. For anyone serious about Forex trading, our review on ForexSignals concludes that this is a platform well worth checking out.

Get Started With ForexSignals

ForexSignals Features

Most reviews on ForexSignals and similar services focus on the technical features. We believe its value lies in the industry collaboration opportunities. Let’s take a look at the core features offered by this platform.

Exclusive Trading Social Media Network

ForexSignals offers a trading social media network open to paying members only. Its heavily moderated nature means you’re connecting only with serious traders who all possess the same commitment to learning and advancement.

With more than 40,000 active members, it’s one of the largest trading social media networks in the industry.

Learn New Trading Strategies

ForexSignals doesn’t promise to give you the ultimate strategy that will turn you into an overnight millionaire. They provide a range of strategies aimed at different types of trader.

They focus heavily on three major strategies: the Naked Trading Strategy, Trend Surfing Strategy, and FX Propulsion Strategy.

However, traders regularly discuss less used strategies, so more advanced traders don’t have to contend with a glass ceiling to their learning.

Daily Live Streams

Learn something new every day by tuning into the daily live streams. With a rotating cast of experts, each live stream delivers a brand-new take on how to successfully trade Forex.

Not only will you learn about different ways to trade, but the experts will also show you their trading setups and demonstrate how their strategies work in the real world.

Daily Signals

Subscribe to the expert traders on ForexSignals and you’ll receive signals directly to your email inbox the moment they publish them. Although passive signals are not the focus, if you do want them they are available.

ForexSignals Pricing

ForexSignals rewards you for choosing the highest tier programs. If you want to become a subscriber, it’s always best to opt for the highest level subscription. Unlocking all features offers far more value for money.

  • The Apprentice: $97/month.
  • The Committed: $49.50/month.
  • The Professional: $47.00/month.

Compared to other similar services, ForexSignals fees are low.

ForexSignals FAQ

Before trying out ForexSignals, you might have some questions about the service. We answer some of the most common queries people have.

Are the ForexSignals Mentors Legit?

Yes. All mentors are open and transparent about their trading backgrounds. Many live streams also allow you to watch your mentors as they trade.

Do their Signals Work?

Like any service offering signals, not every signal will lead to profitability. However, the descriptions of each signal are extremely detailed, thus enabling you to make an informed decision.

Is ForexSignals Worth It?

This is an invaluable resource. However, since it’s an active community you need to be able to invest the time. This is not a passive trading solution.

Is ForexSignals Right for You?

Our review on ForexSignals can comfortably conclude that this active trading community is one of the best around. Its approach to pricing maximizes the value that traders can extract from this service.

The mentors providing advice and lessons are the real deal and have a provable pedigree. Although ForexSignals is no guarantee of success, it’s an excellent resource for traders to exploit.

Sign up with ForexSignals and take advantage of the seven-day free trial today.

Bob Haegele

About the Author:

Bob Haegele is a personal finance writer, entrepreneur, and dog walker. Bob has been writing about personal finance for three years and now manages several personal finance sites, including The Frugal Fellow, Modest Money, and Blooming Wealth. You can also find him contributing to popular websites such as Yahoo! Finance, MSN Money, and GOBankingRates. You can see more of his work on Muck Rack and Contently, or connect with him on LinkedIn.