The continued surge in Forex trading, which could boost daily Forex trading volumes past $10 trillion by the end of the decade, also increases demand for quality Forex signals as many beginners prefer a social approach to trading.
Telegram emerged as the leading app for Forex traders, with free Forex signals in Telegram as a primary revenue driver. Learn more about Telegram in Forex trading from my in-depth review.
- FXTM, Best all-around broker with high floating leverage and fast execution.
- AvaTrade, Highly regulated, choice of fixed or floating spreads.
- Pepperstone, Great ECN execution on MT4/5, cTader, TradingView and Pepperstone proprietary platform.
- FP Markets, ECN trading with leverage up to 1:500.
- Eightcap, Competitive pricing + excellent daily videos.
Below is a guide to finding the best Forex signals Telegram channels, tips on avoiding scammers, and a list of the best Forex brokers for signals.
Top Telegram Channels for Forex Signals
There is a wide choice of Telegram channels offering forex trading signals. Here are a few of the most popular, with a breakdown of the main benefits and drawbacks of each.
ProSignalsFX
Link to the channel: ProSignals FX.
Providing three signals per day and 45,000 pips per year, ProSignals FX is a popular Telegram channel with a win rate of 76%. While an annual subscription is $199, a lifetime subscription is only $299. To be eligible to use their account management service your broker account balance must be $10,000.
ProSignalsFX Pros and Cons
Pros | Cons |
---|---|
Account management services | A high deposit is required to use management services. |
45,000 pips per yea | |
Customizable risk profile |
Top Trading Signals
Link to the channel: Top Trading Signals.
Top Trading Signals offers a win rate of 78% and a 1:2 risk to reward ratio. Each day, the channel offers four intraday trading signals and promises net winnings per week of more than 600 pips. While a monthly subscription is $79, an annual subscription is $199, and a lifetime subscription is $299. There is also a free Telegram group sharing daily forecasts.
Top Trading Signals Pros and Cons
Pros | Cons |
---|---|
A win rate of 78% | An additional subscription must be paid to receive crypto signals. |
A max drawdown of just 11% | |
A 15% monthly return rate | |
A decade of industry experience. |
SignalProvider
Link to the channel: SignalProvider.
This tool-rich Telegram channel, with a win rate of 70%, offers trading signals and money management services, while using correlation metrics as well as technical and fundamental analysis. SignalProvider offers at least 3 daily Forex signals, promising at least 800 pips per week and 3,000 pips per month. A monthly plan is $79, while an annual plan is $199, and a lifetime plan is $299.
SignalProvider Pros and Cons
Pros | Cons |
---|---|
A guaranteed win rate of 70% | A $10,000 balance is required to use the management services |
Support 24/ | An additional subscription must be paid to receive crypto signals. |
Customizable risk profile |
Learn2Trade
Link to the channel: Learn2Trade.
Learn2Trade provides a win rate of 76% and a risk to reward ratio of 1:3. It offers up to five Forex signals every day and is popular with beginners since no previous experience is advertised as needed. Users are told what positions to enter, they get a suggested price for SL and TP orders and positions are automatically closed once the price is triggered. Cancellable monthly plans cost £40 per month, while biannual plans cost £21.50 monthly.
Learn2Trade Pros and Cons
Pros | Cons |
---|---|
A win rate of 76% | A $10,000 balance is required to use the management services. |
An analysis of each trade and explanation of the methodology used | |
30-day money-back guarantee |
AnabelSignals
Link to the channel: AnabelSignals
This UK-based Telegram Forex signals channel advertises a win rate of 76%. It offers a risk to reward ratio of 1:2, 3-5 signals per day, and up to 4,000 pips per month. Subscriptions cost $99 monthly, $199 for three months, and $299 annually.
AnabelSignals Pros and Cons
Pros | Cons |
---|---|
A win rate of 76% | 24/7 customer support is only offered to subscribers |
Real-time day trading signals based on RSI and Moving Averages | Comparatively high subscription fees |
Free signals so the platform can be evaluated at no cost |
Best Telegram Group Comparison Table
Signal Provider | Costs | Profit Claim | Subscribers | Free Signals | Website | Unique Feature |
ProSignalsFX | $89 monthly / $199 (annually) / $299 (lifetime) | 1,000+ pips weekly | 11,800+ | No | Yes | Account management services for $10K+ portfolios |
TopTradingSignals | $99 monthly / $199 (annually) / $299 (lifetime) | 1,000+ pips weekly | 21,400+ | Yes (5+ daily) | Yes | 10+ years of operational history |
SignalProvider | $89 monthly / $199 (annually) / $299 (lifetime) | 800+ pips weekly | 8,300+ | No | Yes | Account management services for $10K+ portfolios |
Learn2Trade | £39 monthly / £215 (annually) / £399 (lifetime) | Undisclosed | 6,700+ | Yes (with a $250 deposit at Eightcap) | Yes | L2T Algo for algorithmic and copy trading |
AnabelSignals | Undisclosed | Undisclosed | 8,000+ | Yes | No | Answers questions of every follower |
Introduction to Telegram as a Forex Signal Platform
Many traders want to enjoy the benefits of the decentralized 24/5 Forex market but lack the time to educate themselves, research, and analyze Forex charts to find profitable trading signals. Their preference is actionable trading signals, and Telegram is the primary source of paid-for and free Forex groups on Telegram.
Overview of Telegram as a Communication Tool for Traders
Telegram has 900M+ users and offers signal providers and Forex traders a convenient and cost-effective communications tool. It is available as a desktop and mobile app and 100% free to use. Forex trading groups became a valuable source of information, discussions among like-minded traders, and a way for Forex traders to share their experiences. Forex traders must also sort through the fake accounts and scams that follow popular trends.
Reasons for Telegram’s Popularity Among Forex Signal Providers
- Conveniently accessible from the desktop and mobile app
- User-friendly interface and ease of use
- Ongoing updates and quality-of-life improvements
- Expanding Telegram ecosystem
- 100% free to use
- Massive community of 900M+ users
- Ability to create private groups and restrict access
- The most secure trading app available today
How Telegram Works in the Context of Forex Trading
- Signal providers create Forex groups on Telegram if they want community engagement, or Telegram channels, which are one-way communication channels allowing signal providers to post Forex signals
- Traders pay for the subscription to access the group or channel
- Signal providers will add traders
- Traders will receive trading signals, which may include take-profit and stop-loss levels
Advantages of Using Telegram for Forex Signals
I summarized the advantages of using Telegram for Forex signals, but I also want to caution that traders should never follow signals thoughtlessly. There is no substitute for learning how to trade, even when following signals, to understand the trade. Mastering trading psychology, understanding risk management, its relationship to leverage, and the impact of lot sizes on risk management are prerequisites before trading.
1. Real-time updates and instant notifications
- Telegram offers real-time updates, as traders receive an instant notification once signal providers post a trading signal or update an existing one
- Telegram is available as a mobile app, allowing traders to receive signals on the go and place them in their trading accounts with minimal delay
2. Access to global trading communities
- With 900M+ users, Telegram offers access to global trading communities, offering a diverse choice of trading strategies, research, opinions, and mentalities
- Telegram allows traders to diversify their portfolios with unmatched choices from competing services
3. Availability of both free and premium channels
- Most signal providers offer free Forex signals Telegram groups, where they post less frequent signals that allow traders to follow and evaluate them, ideally in a demo account
- The best trading signals Telegram channels require a subscription that unlocks the complete offering of signal providers
- Some Telegram trading groups offer various sub-groups or channels based on trading strategies or assets
4. Transparency and historical performance tracking
- Traders should always use Telegram Forex signals from transparent signal providers that show profits and losses
- Before following Forex signals on Telegram, traders should track the performance in demo accounts for at least six months
5. User-friendly interface and customization options for alerts
- Telegram offers a user-friendly interface and allows traders to customize how and when to receive alerts from signal providers, including muting notifications when at work
The Role of Broker Selection in Telegram Forex Signal Success
Trading with a competitive Forex broker is a requirement before considering the best Forex signals Telegram offers. Factors to consider when choosing a forex broker include:
1. Compatibility with trading strategies
- Traders must ensure that their Forex broker offers the assets the signal provider analyzes and recommends
- The Forex broker must also support the trading strategy and maintain the appropriate infrastructure. For example, scalping is highly popular, but few brokers support it competitively
2. Regulation, security, and account requirements
- Traders should always trade with a regulated broker
- A regulated broker with a track record of 10+ years offers the necessary security features for traders, including 2FA authorization for mobile traders, encrypted communication between trader, broker, and trading platform, negative balance protection, segregation of client deposits from corporate funds, and an investor compensation fund
- Account requirements are Forex broker-dependent, and traders should carefully evaluate the trading conditions of each account type
3.Trading costs and broker-signal integration
- Trading fees are the most defining aspect of a broker, as they directly impact profitability
- Trading fees also determine the competitiveness of the trading environment and reveal which strategies a broker actively supports and passively discourages
- Commission-based trading fees are usually much cheaper than commission-free alternatives and often include volume-based rebates for Forex traders
- Traders should avoid Forex fees on major currency pairs that exceed $8.00 per 1.0 standard round lot
- Most signal Forex Telegram providers require manual entry of trading recommendations. However, those that offer algorithmic trading solutions, like the Expert Advisors (EAs) for MT4/MT5, require the trader to have the relevant trading platform
- Traders must also consider the costs of signal providers and weigh them against expected profits to ensure signals make economic sense
Types of Forex Signals Available on Telegram
Telegram Forex signals come in various forms, and Forex traders should know how signal providers generate signals and ensure the trading philosophy aligns with their trading view.
1. Free vs. paid forex signals
- Free Forex signals on Telegram are available, but signal providers may only post one signal weekly, which suffices for traders who want to evaluate the signal quality and low-frequency traders who place a few trades weekly
- Forex signals Telegram providers charge fees for complete access to their services, but traders must consider their portfolio size and the costs of signal providers to avoid paying for a service that will not benefit their bottom line
2. Manual signals provided by experienced traders
- Experienced traders may provide Telegram Forex signals to supplement their income, as they lack the portfolio size to achieve desired trading revenue, but it raises the question of their consistency and profitability, as they should grow their balance over time
- Manual signal generation is more time-consuming and results in fewer trading recommendations
3. Automated signals generated by trading algorithms
- Forex Telegram groups may use trading algorithms and publish automated trading signals
- Traders could receive dozens of trading recommendations but may be unable to trade all of them
- Algorithmic trading solutions in Telegram groups may ignore fundamental aspects, and their performance may oscillate between profits and losses
4. Analysis-based signals combining technical and fundamental insights
- The most advanced Forex groups on Telegram combine technical analysis and fundamental analysis to improve the accuracy of their trading recommendations
- Signal providers may use algorithmic trading solutions to cover technical analysis and human traders to filter for fundamental components
- Analysis-based signals that combine technical and fundamental insights may cost more but usually perform the best
Evaluating the Credibility of Forex Signal Channels
Traders have hundreds of Telegram trading groups and Forex signal channels to subscribe to, but most are unreliable. Additionally, the sector remains littered with scammers, fake signal providers, and doctored live account screenshots and account history snapshots. Therefore, Forex traders must carefully evaluate Telegram Forex signals, which require manual labor and time.
Criteria for Selecting Reliable Signal Providers
- Transparency, or the lack of it, is one of the first criteria traders should check when they evaluate Telegram trading signals
- The performance track record is the next thing to look for, and traders should avoid performances that show linear portfolio growth, which is impossible
- The best way to test Forex groups on Telegram is to follow free Forex signals on Telegram and enter them in a demo account for at least six months to get verifiable results and ensure that the Forex signals and delivery time work well with the trading conditions of traders
- User reviews can offer insight, but traders should approach them cautiously and avoid reviews from individuals with no previous reviews or with just a few, as they are likely fake, regardless of whether they are positive or negative
Risks Associated with Following Signals Blindly
- The primary risk of following signals thoughtlessly is the risk of capital loss
- Following signal providers without performing due diligence leaves traders dependent on a potentially unreliable data source
- Traders must also understand that the timeframe used for analyzing currency pairs impacts their shelf-life, meaning that the validity of short-term trading signals is often minutes
- Traders may also receive false or inaccurate signals unless they combine them with their research or, at the bare minimum, align signal providers with their trading philosophy
- It increases the risk of falling victim to scams
Importance of Combining Signals with Personal Market Research
- Traders should never place a trade without understanding it
- The take-profit and stop-loss levels of signal providers may not match the risk tolerance of traders, who must adjust them accordingly, at the risk of diminishing returns that could lead to invalidating trading signals
- Traders may receive dozens of signals, and by combining them with their research and market views, they can filter them and only take trades they agree with
Subscription Models and Costs
While the accuracy of trading signals is the most deciding component of the best trading signals Telegram features, subscription costs are the most overlooked aspect. Most traders seeking trading signals are beginners with smaller portfolios, magnifying the cost component. Traders must ensure that their portfolio and lot sizes can cover the monthly subscription costs and offer a reasonable net profit. Many beginners should consider the best free Forex signals Telegram channels until they grow their portfolios. It will also allow them to establish a trust-based relationship with signal providers.
Typical Pricing Structures for Forex Signal Channels on Telegram
- Most Forex signal channels offer monthly subscriptions but decrease costs if traders commit to annual or lifetime plans
- Some may only provide annual or lifetime plans, which is a red flag, as signal providers may know that the quality of their signals will not result in a repeat customer
- Traders may find quality signals from as little as $50 monthly, but they often start around $99 monthly
Comparison between Monthly, Annual, And Lifetime Subscription Plans
- Monthly plans offer traders the most flexibility, as they can cancel if the quality of signals does not match their expectations
- Monthly plans are the best choice when traders sign up for a new signal provider for an evaluation period of at least six months
- Annual plans may have price savings, but traders should only consider them if they are satisfied with their monthly subscription for six to twelve months
- Lifetime plans are one lump-sum payment, which makes the service significantly cheaper once averaged out over several years, but there is no guarantee that the Telegram signal channel will operate that long
Free vs. Paid Signals: What to Expect in Terms of Value and Service
- Free signals may result in one weekly trading recommendation, which is enough to evaluate the quality and accuracy of signal providers
- The value of paid signals depends on the accuracy of trading signals and often includes multiple trading signals daily
- Regrettably, only a few Telegram Forex channels are worth the subscription price
How to Maximize Telegram for Forex Trading
Receiving trading signals is one thing, but ensuring they work with one’s daily schedule is an often-overlooked parameter. It can result in Telegram Forex signals from one Telegram channel yielding profits for one trader and losses for another.
Best Practices for Integrating Telegram Signals into Your Trading Strategy
- Given the importance of entering trades as soon as a Telegram Forex channel publishes them, timing is a core element of ensuring success
- When traders evaluate Telegram trading groups, they should note the times when signal providers publish signals and see if the timing works with their schedule, as it will impact the reliability and profitability of trading signals
- Traders should also sign up for signals that use a strategy that aligns with their trading mentality
- Traders should only enter trades they understand and agree with, making an ongoing market analysis essential to understand the Forex market
- An overview of risk management parameters, if provided by the signal provider, is as essential as the signal, and may require adjustments
Setting Up Alerts and Notifications for Timely Action
- Traders should consider setting alerts a few minutes before Telegram signal providers publish signals
- Traders should also log into their trading platform before receiving a signal to enter it as soon as they receive a notification
- Cutting-edge trading platforms also support messaging, and traders can set up alerts and notifications based on their preferences
Using Telegram’s Features to Stay Organized and Informed
- Telegram has a feature known as Saved Messages, which allows users to take notes, reminders, and messages from other chats, which traders can use to take notes about received signals to review them later
- Traders can subscribe to numerous channels and manage them based on their requirements
- Telegram trading bots can improve the process, but it may require coding a bit if existing ones do not satisfy the requirements
Security and Privacy Considerations
Traders should consider their security and use Telegram’s privacy features to protect themselves from bad actors.
1. Ensuring safe communication and data handling on Telegram
- Telegram security features include end-to-end encryption in Secret Chats, self-destructing messages, and robust data encryption
- Telegram uses its in-house developed MTProto Protocol
- End-to-end encryption does not apply to Telegram Cloud Chats
- Telegram collects information like your phone number and contacts to help you connect with friends but does not sell data to third parties
- Telegram never stores messages on its servers after delivery
- Telegram only shares data with authorities if legally required to, but prioritizes user privacy and ranks among the most secure communication app
- Traders should never share sensitive information on Telegram
2. Avoiding scams and fraudulent channels
- Avoid Telegram trading groups without a website
- Never sign up with a Telegram Forex signal provider that shows linear portfolio growth, even with live portfolio history, which is easily falsified
- Be wary of Telegram signal providers with limited history and an absence of genuine reviews written by users with a verifiable history of leaving reviews
- Never send money based on Telegram requests
- Be careful with Telegram trading bots
3. Telegram’s privacy features and how to utilize them effectively
- Enable two-step verification to prevent unauthorized access
- Disable active sessions on other devices if you use Telegram on multiple devices
- Consider sending self-destructing messages
- Delete messages for ultimate privacy
- You can lock Telegram with a password
- Hide your IP address with a proxy server
- Clear payments and shipping information from Telegram
- Routinely clear your chat history
- Never connect to third-party apps
- Hide your phone number
- Hide your profile picture and protect your metadata
Bottom Line
Traders have countless Telegram channels filled with Forex signals but should approach them cautiously. Many scammers post fake account screenshots showing tremendous profits, a notable red flag. Most free Forex signals Telegram channels try to up-sale subscriptions, but traders might verify the track record, preferably via third-party sites like Myfxbook. The same applies to the best Forex signals Telegram channels. The most effective way to evaluate them is in a demo account, for several months, with settings identical to live portfolios.
Best Forex Trading Brokers Comparison
Regulators CMA, FCA, FSC Mauritius, FSCA ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB ASIC, CMA, CySEC, FSCA ASIC, CySEC, FCA, SCB Year Established 2011 2006 2010 2005 2009 Execution Type(s) ECN/STP, Market Maker Market Maker No Dealing Desk, NDD ECN/STP ECN/STP, Market Maker Minimum Deposit Average Trading Cost EUR/USD 0.1 pips 0.9 pips 1.1 pips 1.2 pips 1.0 pips Average Trading Cost GBP/USD 0.2 pips 1.5 pips 1.4 pips 1.4 pips 1.2 pips Average Trading Cost Gold $0.18 $0.29 $0.15 $0.16 $0.12 Trading Platform(s) MetaTrader 4, MetaTrader 5, Proprietary platform Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+ Other, MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Trading View+ MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based MetaTrader 4, MetaTrader 5, Trading View Islamic Account Negative Balance Protection N/A N/A Visit Website Visit Website Get Started75-95% of traders on margin loseVisit Website Visit Website Visit Website
Regulators | CMA, FCA, FSC Mauritius, FSCA | ASIC, BVI, Central Bank of Ireland, FFAJ, FSCA, KNF, MiFID | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | ASIC, CMA, CySEC, FSCA | ASIC, CySEC, FCA, SCB |
Year Established | 2011 | 2006 | 2010 | 2005 | 2009 |
Execution Type(s) | ECN/STP, Market Maker | Market Maker | No Dealing Desk, NDD | ECN/STP | ECN/STP, Market Maker |
Minimum Deposit | |||||
Average Trading Cost EUR/USD | 0.1 pips | 0.9 pips | 1.1 pips | 1.2 pips | 1.0 pips |
Average Trading Cost GBP/USD | 0.2 pips | 1.5 pips | 1.4 pips | 1.4 pips | 1.2 pips |
Average Trading Cost Gold | $0.18 | $0.29 | $0.15 | $0.16 | $0.12 |
Trading Platform(s) | MetaTrader 4, MetaTrader 5, Proprietary platform | Other, MetaTrader 4, MetaTrader 5, Proprietary platform, Web-based+ | Other, MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Trading View+ | MetaTrader 4, MetaTrader 5, cTrader, Proprietary platform, Web-based | MetaTrader 4, MetaTrader 5, Trading View |
Islamic Account | |||||
Negative Balance Protection | N/A | N/A | |||
Visit Website | Visit Website | Get Started Visit Website75-95% of traders on margin lose | Visit Website | Visit Website |
FXTM
In Summary Best all-around broker with high floating leverage and fast executionFXTM is an ideal Forex broker for using free Forex signals Telegram providers, as it offers ultra-low trading fees, directly impacting profitability. Traders get the MT4/MT5 trading platforms and the proprietary mobile app FXTM Trader. Should the best Forex signals Telegram channels not suffice, FXTM has its copy trading service, FXTM Invest, which complements the embedded MT4/MT5 options. FXTM also offers demo accounts, allowing traders to test their signal providers. The Micro account has a minimum deposit of only $10, making it an ideal demo account substitution and an excellent account type to evaluate free Forex signals Telegram providers.
Pros & Cons
- Excellent commission-based Forex pricing environment and transparency
- Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
- Quality market research and educational content for beginner traders
- A highly regulated broker with a tier-1 license
- Limited Choice of commodities
AvaTrade
In Summary Highly regulated, choice of fixed or floating spreadsAvaTrade is a good choice for free Forex signals for Telegram traders preferring a reasonable commission-free cost structure. It ranks among the most trusted brokers and complies with nine regulators. Besides the MT4 and MT5 trading platforms, free Forex signals Telegram users can trade on the user-friendly web based AvaTrade WebTrader or opt for the mobile app, AvaTradeGO. The proprietary copy treading service Ava Social provides a genuine alternative, and traders may also use the embedded MT4/MT5 copy trading services or third-party provider DupliTrade. The MT4 plugin Guardian Angel may help traders improve the results from their preferred Telegram signal providers.
Pros & Cons
- High quality educational offering via AvaAcademy
- Excellent choice of trading platforms catering to various trading needs
- Broad asset selection and cross-asset diversification opportunities
- Well-regulated and trusted broker with oversight from a central bank
- Trading costs competitive but nothing special
Pepperstone
In Summary Great ECN execution on MT4/5, cTader, TradingView and Pepperstone proprietary platformPepperstone is a leading algorithmic trading broker with a superior trading infrastructure and excellent order execution, making it an ideal broker for free Forex signals Telegram trading. It offers traders a choice between the platforms MT4, MT5, and cTrader. All three have integrated copy trading services should traders require more diversification. TradingView and third-party copy trading providers Myfxbook Autotrade and DupliTrade are also available. Traders benefit from low commission-based Forex trading fees and volume-based rebates. The unlimited and flexible Pepperstone demo accounts allow traders to evaluate signals from the best Forex signals Telegram channels for several months before adding them to their live portfolios.
Pros & Cons
- Excellent choice of trading platforms consisting of MT4/MT5, cTrader, TreadingView and Pepperstone Platform
- Market-leading MT4/MT5 upgrade package, Autochartist, and API trading
- Social trading support via Signal Start, MetaTrader Signals, Copy Trading by Pepperstone, DupliTrade
- Leverage of up to 1:400 depends on jurisdiction and superb trade execution
- Demo accounts have 60-day time limits
FP Markets
In Summary ECN trading with leverage up to 1:500fpmarkets is an ASIC-regulated Australian brokerage which launched in 2005. For most traders, the unique selling point of this broker is in the extremely wide range of tradable assets offered, providing the opportunity to trade over ten thousand individual stocks and shares including publicly quoted Hong Kong and Australian companies. Ffpmarkets also offers 60 Forex pairs and crosses, 11 equity indices, the major commodities, and 5 cryptocurrencies including Bitcoin. fpmarkets offers an unusual hybrid ECN/STP execution model, meaning their clients can choose between ECN style of execution giving a very high level of speed, and a “straight through processing” execution style which allows for more “natural” spreads.
Pros & Cons
- Choice of trading platforms and auxiliary trading tools
- Very competitive cost structure and excellent asset selection
- Low minimum deposit requirement and leverage of up to 1:500
- Well-regulated and trustworthy
- Availability of Iress geographically restricted
Eightcap
In Summary Competitive pricing + excellent daily videosEightcap established itself among the best Forex brokers due to its superb trading infrastructure, excellent order execution amid deep liquidity, competitive fees, and cutting-edge trading tools. Manual traders get a well-designed AI-powered economic calendar, and Eightcap upgrades MT4 via Capitalise AI, which enables algorithmic trading in a code-free environment. MT5 traders benefit from Flash Trader, while the dedicated cryptocurrency solution Crypto Crusher caters to cryptocurrency traders.
Copy traders get the embedded MT4/MT5 services, and Eightcap connects social traders to the active TradingView community. Beginner traders get an outstanding educational and research offering via Eightcap Labs and Eightcap Trade Zone.
Pros & Cons
- Low minimum deposit and high leverage of up to 1:500
- Competitive cost structure
- Excellent technology infrastructure and seasoned management team
- Daily research and quality educational content
- Limited leverage in some areas