What is your experience with Signal Services?

[Hulidos]

A friend of mine wants to start a signal service, I told him not to do so, because nobody will join and if they do and he loses a trade signal, they will bash on him forever… He would like to offer 1-2 signals per week, high quality, 50-75 pips per week…he is actually very consistent with these amount of pips. How much would you guys pay for something like that, with 50-75 pips per week constantly?

What is your experience with Signal Services so far? How much do they cost, what do they REALLY offer and the most important question: Do they really deliver what they promise?

[pwandler]

Starting a signal service is not a bad idea if he has the knowledge and he is consistent on profits.
I think many people would be willing to join him if he can prove that his system is working. When I was looking for such service for me it was a must to have myfxbook where I can check if the statements are valid.
Also for me, it was very important to be automated because I did not want to hang on the Metatrader to input the orders. I prefer it without my assistance.
What is your friends’ idea of the profit and fee?
I pay $55 monthly for an automated signal with 10-12% monthly profit. So far they deliver everything they promise.

[Rickster99]

Most signal services or subscription groups (run by people who you can actually email or call) give one month free so you can make next month’s subscription fee. If you can offer that for us to try it and he’s profitable then it’ll only be a matter of time as more people subscribe. Let me know

[trooper5010]

What signal are you currently using? I’m in the market for signals and I am just looking to see what has been working for other people so far.

[david77777]

Personally i’m trading with 4xPremium and I was getting bored with them. Now they told me to trade by myself and stop’d giving me signals

[william.deep]

Dude i had the same experience
I’m also trading with 4xpremium. I had a fight with their account manager and they decided not to give me anny signals. Not to mention i had problems with the withdraw process. I had to wait 14 days to get back 30k$

[DTF_Vietnam]

major problems with signal providers that is no verified trading stats to back their claims. very hard to follow up with them too

[Arthie]

I have never been lucky with signals, I was often deceived

[rebeccav]

Which provider is this? Are you still using them?

[nu_bee]

They are one of the fastest way to loose money in forex