There’s no requirement to analyze currency prices, trends, or broader economic news when using a forex signals service. This is because signals tell you which currency pair to trade, alongside the suggested limit, stop-loss, and take-profit prices.
This guide ranks and reviews the 11 best forex signals Telegram groups for 2023. Read on to discover top-rated Telegram signal services for past performance and accuracy, pricing, reputation, and target markets.
Top Forex Signals Telegram Channels Reviewed
We’ll now take a much closer look at which providers offer the best Telegram forex signals in 2023.
1. 1000pip Builder – Overall Best Forex Signal Telegram Chanel With Up to 5 Signals Per Day
1000pip Builder stands out in the crowded forex signal service market, driven by the expertise of Bob James, a seasoned trader with over a decade of experience in the forex market.
The service offers up to five signals daily from Monday to Friday, including the European, Asian, and US markets. This global coverage ensures traders benefit from their insights in any time zone, making it a truly international service.
Understanding the need for timely and convenient access to information, 1000pip Builder offers signals through various channels, including Telegram, email, and SMS. This multi-channel approach ensures that traders can receive and act on signals in the most efficient way possible.
Aiming for a weekly target of 350 pips, 1000pip Builder connects its brokerage accounts with MyFXBook, ensuring transparency and accountability in its performance.
By using a range of trading strategies that cover technical and fundamental analysis, the service caters to various trading styles and preferences, improving its appeal to a broad spectrum of traders.
Beyond just providing signals, the service educates its users on each trading suggestion, explaining the rationale behind every move. This approach helps traders follow signals and understand the underlying market dynamics.
The service offers flexible plans starting at £44 per month with a competitive pricing model. Long-term commitments are rewarded with significant discounts, reducing the monthly cost to £24 and £19 for 6 and 12-month plans, respectively.
The service’s performance is backed by MyFXBook verification, adding a layer of trust and reliability.
Based in London, Bob James trades across Asian, US, and European sessions, ensuring that trading signals are available throughout the 24-hour cycle. This continuous availability is particularly beneficial for members in different time zones.
1000pip Builder uses strategies like Trend Capture, Range Trap, and Momentum Rider, each designed to capitalize on specific market conditions. This versatility allows for consistent performance irrespective of market volatility.
Up to 5 signals per day
None – paid plans only
£44 (1 month), £144 (6 months), £228 (1 year)
Competitive pricing plans. Specializes in 15 currency pairs. Signals come via Telegram, email, or SMS
2. TopTrading Signals – Bank-Level Forex Strategy With 78% Win Rate, Four Daily Signals And A Proven Decade-Long Track Record
TopTrading Signals is a promising forex signals Telegram group that has witnessed a daily uptick in new users. This platform targets traders looking for concise and strategic trade tips, promising a 78% win rate and a 1:2 risk-reward ratio.
It focuses on Forex and gold, providing four daily intraday signals. What sets TopTrading Signals apart is its simplicity and clarity: each signal comes with an entry point, a stop loss, and a single take profit target, capped at a maximum stop loss of 40 pips.
TopTrading Signals has impressive performance metrics, with an annual growth rate exceeding 187% and a monthly return rate of 15%, all while maintaining a maximum drawdown of 11%. These figures suggest a high level of consistency and a solid track record in the volatile Forex market. They share accurate daily forecasts in their free Telegram group.
Moreover, the author of the group is an ex-banker. Consequently, TopTrading Signals features a strategy from a bank where the author had previously worked, implying a professional approach to trading.
This claim, combined with the promise of not having a single losing week in the year and a net weekly winnings of over 600 pips, shows a highly disciplined trading strategy.
The platform’s track record, with over a decade of trading experience, adds to its credibility.
Additionally, the tiered membership options offer flexibility for different levels of commitment and investment, promising to turn trading from a mere activity into a consistent income stream and possibly even a path to financial independence.
Users can get started with the VIP signals plan at $79 per month, a $199 yearly plan, or buy a lifetime membership at just $299.
For VIP Signals Group – Basic: $79/month, Standard: $199/year, Premium: $299/lifetime
78% Win Rate, 1:2 Risk-Reward, Single TP/SL, Bank-Sourced Strategy
3. Learn2Trade – Reputable Forex Signals Provider With a 79% Historical Win Rate [5 Signals per Day]
Learn2Trade is an established forex signals provider that offers a transparent and cost-effective service. It has a team of in-house traders that analyze the forex markets around the clock. Most trading suggestions are opened and closed on a same-day basis. That said, Learn2Trade also covers swing trading positions.
Nonetheless, Learn2Trade offers five premium forex signals every day. No prior trading experience is required, as you’re told exactly what positions to enter. For example, the signal might tell you to place a buy order on EUR/USD at 1.0604. You’ll also receive a suggested price for take-profit and stop-loss orders.
This means you’ll be trading semi-passively, as positions are automatically closed once one of the order prices has been triggered. We found that most Learn2Trade signals come with a risk-reward ratio of 1:3. This means that just 1% is risked to make 3% gains. This is a healthy and sustainable strategy that protects your trading bankroll over time.
In terms of markets, Learn2Trade covers a wide range of forex pairs. While the majority of signals focus on majors and minors, exotics are also targeted when suitable trading conditions arise. We found that Learn2Trade has a solid track record – since its inception, its forex signals have a historical win rate of 76%. To replicate this performance like-for-like, you’ll need to follow every signal that Learn2Trade distributes.
All signals are posted to the Learn2Trade Telegram group in real-time. Not only are the suggested orders provided but also a comprehensive analysis of the trade. This ensures that members have an understanding of the methodology being utilized. More than 40,000 traders use Learn2Trade’s signals, highlighting its positive reputation in the market.
There are several plans to choose from at Learn2Trade. The flexible plan costs £40 per month – which can be canceled at any time. Longer-term plans offer a sizable discount. For example, those paying for a bi-annual plan reduce the price to just £21.50 per month. All plans come with a 30-day money-back guarantee.
Learn2Trade also offers free forex signals on Telegram. No payment details are required and you’ll get three signals per week. These are the same signal format as the premium plan – meaning you’ll get the suggested entry and exit prices. In addition, Learn2Trade also offers the best Telegram crypto signals. This requires a separate plan and there’s also the option of automating each signal directly with crypto exchanges.
5 premium signals per day
Yes, 3 free signals per week
£40 per month for a flexible plan. Discounts are available on longer-term plans.
76% win rate since inception. All signals come with the suggested limit, stop-loss, and take-profit prices. Free signals do not blackout key data points
4. WOLFX Signals – Popular Forex Signals Provider With Over 86,000 Telegram Subscribers
WOLFX Signals is one of the most popular forex signal providers around; its Telegram group has over 86,000 subscribers. WOLFX Signals has a team of experienced analysts who research the forex markets and send signals when a trading opportunity has been discovered. Signals – which are sent via the Telegram group, come with all required data points.
This includes the pair, whether you should go long or short, and the suggested entry and exit prices. Signals are typically sent between 10 am and 10 pm (UTC+1), which should appeal to most global traders. In terms of pricing, WOLFX Signals offers premium and free signals. The premium plan costs $89 per month or $279 for lifetime access.
This gets you between 1 and 4 premium signals per day. If you want to start with the free Telegram group, you’ll get just 2 signals per week. That said, no information is blacked out, so you’ll get a feel for how the service works. In addition to forex, WOLFX Signals also offers crypto signals. This also costs $89 per month. If you want both forex and crypto signals, you’ll pay $139 per month.
Multiple payment methods are supported, including debit/credit cards and PayPal. WOLFX Signals also accepts some of the best cryptocurrencies, such as Bitcoin, Ethereum, and Tether. Although WOLFX Signals publishes its weekly results via Telegram, there isn’t any information about its historical win rate. This makes it challenging to assess its past performance since its inception.
1-4 premium signals per day
Yes, 2 free signals per week
$89 per month or $279 for lifetime access.
More than 86,000 Telegram subscribers. Get up to 4 premium signals per day. Also offers daily crypto signals
5. FxPremiere – Forex Signal Aggregator Covering Over 50 Providers Under One Subscription
FxPremiere offers an aggregator service, meaning it doesn’t generate trading signals itself. Instead, it imports signals from over 50 other providers and forwards each suggestion via the FxPremiere Telegram group. This means that FxPremiere members receive plenty of signals throughout the day – no matter which time zone they are in.
In addition to forex, FxPremiere also covers other trading markets. This includes gold, silver, oil, and indices like the Dow Jones. Therefore, FxPremiere is a good option if you’re looking to diversify across multiple assets. There are three plans to choose from at FxPremiere.
The cheapest plan costs $97, which gives you access for 4 months. The annual plan costs just $200, which offers a huge saving but comes without a money-back guarantee. There’s also a lifetime plan at $500 – which never expires. That said, new users can also opt for a 1-month trial, which costs $67. All plans come with 24/7 customer support via the Telegram app.
Not stated, but aggregates signals from over 50 different providers
None – paid plans only
$67 (1 month trial), $97 (4 months), $200 (1 year), $500 (lifetime access)
Aggregates signals from over 50 providers. Signals are sent 24/7. More than 445,000 Telegram subscribers
6. AltSignals – Established Forex and Crypto Signals Provider With Monthly Profit Targets of 1,000 Pips
Launched in 2017, AltSignals is an established signals provider that specializes in forex and cryptocurrencies. While AltSignals doesn’t cover exotics, it trades all major and minor pairs. All forex signals come with suitable risk management tools, including suggested stop-loss and take-profit orders.
AltSignals publishes a monthly report detailing its performance. In August 2023, its forex signals generated gains of 810 pips. This is slightly below its monthly target of 1,000 pips. That said, in September 2023, AltSignals reported gains of 2,372 pips – more than double its target. Although its recent performance is notable, AltSignals is considered expensive.
The flexible monthly plan costs $120 per month. Although there’s also a quarterly plan, AltSignals only accepts Bitcoin. This currently costs 0.014 BTC, which is about $427. Therefore, the quarterly plan is more expensive than paying monthly. Moreover, the monthly plan accepts traditional payment methods, including debit/credit cards.
None – paid plans only
$120 (1 month), 0.014 BTC (3 months)
Established in 2017. Aims for 1,000 pips per month. Covers all major and minor pairs
7. Ultreos Forex Signals – 2 Premium Signals Sent Daily With a Claimed Win Rate of 85%
Next up is Ultreos Forex Signals, which distributes two signals every day to premium members. Like most signal providers, members are told exactly what entry, stop-loss, and take-profit orders to place. Ultreos Forex Signals covers 61 currency pairs, meaning all majors, minors, and a broad selection of exotics.
It claims to have a historical win rate of 85%, but we were unable to verify this independently. Ultreos Forex Signals also claims to have a weekly profit target of 350 pips. All signals come with a brief overview of the trading idea, such as which technical indicators have been triggered.
Most signals come with a modest risk-reward ratio of 1:2. In terms of pricing, Ultreos Forex Signals charges $75 per month. This is a flexible plan that can be canceled at any time. For an extra $35, you’ll get access for 12 months. There’s also a lifetime plan at $230.
2 signals per day
None – paid plans only
$75 (1 month), $110 (1 year), $230 (lifetime access)
Modest risk-reward ratio of 1:2 on most signals. Covers 61 currency pairs. Claimed win rate of 85%
8. BL Tech Pro – Free and VIP Forex Signals With Monthly Targets of 2-3,000 Pips
BL Tech Pro offers forex signals across multiple device types. Not only on Telegram, but it also has a native mobile app for iOS and Android. The Android app has been downloaded over 500,000 times and has a 4.1/5 rating. The iOS app is rated 4.3/5, but this is based on just 37 reviews.
Nonetheless, BL Tech Pro offers free and VIP forex signals. Its free signals have a profit target of 12-40 pips. In contrast, VIP signals target 50-300 pips. Over the course of a month, BL Tech Pro aims to make 2-3,000 pips in net profit. Signals can remain in play from just one day up to a week, so flexibility is required.
In addition to signals, VIP members also get news updates, daily analysis, and one-on-one consultancy. 3-5 VIP signals are sent each day and BL Tech Pro claims a historical win rate of between 85% and 90%. When it comes to subscription fees, BL Tech Pro charges just $50 for two months. For an extra $30, you can extend this to four months.
3-5 VIP signals per day
Yes, free signals are available – but their frequency is not published
$50 (2 months), $80 (4 months)
Aims for 2-3,000 pips profit each month. Available via Telegram or a native iOS/Android app. Charges just $50 for two months
9. Sureshot FX – Nearly 40,000 Telegram Members and up to 8 Forex Signals Daily
Sureshot FX is one of the fastest-growing Telegram signal groups around – it now boasts nearly 40,000 subscribers. It covers various strategies, including intraday and swing trading methods. Sureshot FX covers Asian, European, and US trading hours – so is available to most users worldwide.
All signals come with enhanced risk management advice, ensuring that users are guided on each suggestion. There are three premium plans to choose from, each offering 2-8 signals every day. Flexible plans cost $44 per month. This is reduced to just $14 per month when paying for a bi-annual plan. There’s also a lifetime plan, costing just $154.
Many payment methods are accepted, including debit/credit cards, e-wallets, Bitcoin, and some of the best altcoins. In terms of performance, Sureshot FX claims a historical win rate of almost 90%. It aims to generate profits of over 3,000 pips per month. In 2022, Sureshot FX claims to have made over 48,000 pips, although we were unable to verify this.
2-8 signals per day
Yes, free signals are available – but their frequency is not published
$44 (1 month), $84 (6 months), $154 (lifetime access)
Claims to have made 48,000 pips in 2022. Telegram group has nearly 40,000 subscribers. Also offers gold trading signals
10. PipsAlert – Free 30-day Trial Without Any Payment Details Needed [Up to 7 Daily Signals]
PipsAlert is also one of the best forex signals Telegram groups to consider today. We like that PipsAlert offers a 30-day free trial without requiring any payment information. This gives you unfettered access to its premium signals group – allowing you to try the service risk-free.
Not only that, but PipsAlert also has a 30-day ‘Pips Protection’ scheme. Put simply, if PipsAlert doesn’t reach its monthly profit target of at least 1,750 pips, you’ll get the next month’s subscription for free. This highlights that PipsAlert is confident in its signal service.
In terms of fees, prices start from $74.95 per month after the free trial. You’ll save $100 and. $300 when purchasing a 6-month or annual plan, respectively. All plans receive between 3-7 forex signals every day. The main drawback is that it can take up to 24 hours to access PipsAlert after registering.
3-7 signals per day
No, but offers a 30-day free trial with unfettered access. No payment details are required.
$74.95 (1 month), $349.68 (6 months), $599.40 (1 year)
Full 30-day free trial without payment details. Offers a free month if it doesn’t meet its profit targets. Get up to 7 signals per day
11. Billionaire Forex Signal – 93% Accuracy Rate Covering Major, Minor, and Exotic Currency Pairs
Last on this list of the best forex signals Telegram groups is Billionaire Forex Signal. This provider claims to have a historical win rate of 93%. It also claims to make a minimum of 500 pips per week. Like many forex signal providers, this information cannot be verified independently.
Nevertheless, Billionaire Forex Signal covers dozens of major, minor, and exotic pairs. The latter includes EUR/TRY, USD/ZAR, and USD/NOK. Telegram members receive 5-8 daily forex signals delivered in real-time. Each signal comes with one stop-loss and take-profit suggestion.
Members also receive a full analysis of each signal, including a pricing chart with trend lines. Most signals come with a risk-reward ratio of 1:2. Prices are a bit steep, with monthly plans costing $90. Discounts are available on longer-term plans. For example, you’ll pay just $29.16 per month when paying annually.
5-8 signals per day
None – paid plans only
$90 (1 month), $130 (2 months), $280 (6 months), $350 (1 year)
Claims an accuracy rate of 93%. Covers a broad range of exotic pairs. Average risk-reward ratio of 1:2
What are Telegram Forex Signals?
Telegram forex signals are aimed at traders who don’t have the time or experience to analyze the currency markets. Signal providers send trading suggestions via the Telegram app, informing members exactly which trades to place. Not only does this include the currency pair and entry price, but stop-loss and take-profit orders too.
Here’s a quick example of what a Telegram forex signal looks like:
- Currency Pair: EUR/USD
- Order Type: Sell Order
- Limit Price: 1.0670
- Stop-Loss Price: 1.0701
- Take-Profit Price: 1.0602
In the above example, the signal tells the trader exactly which forex positions to deploy. For instance, the signal suggests placing a sell order on EUR/USD. This means the signal provider believes the pair will decline in value. A limit order of 1.0670 has been suggested – so the position won’t be executed until this price point is triggered.
In addition, the signal suggests a stop-loss order of 1.0701. Should EUR/USD increase to this price, the position will close automatically. This is also the case with the take-profit order, but at a price of 1.0602.
Telegram forex signals are usually posted by experienced analysts. They’re tasked with researching the markets on behalf of members, ensuring that the signals process is passive.
Some signal providers also use artificial intelligence and other emerging technologies to generate trading ideas. Nonetheless, the only requirement for signal members is to place the suggested order types.
How do Forex Telegram Signals Work?
We’ll now elaborate on how Telegram forex trading signals work in a lot more detail.
Research is Undertaken Behind the Scenes
Telegram forex signal providers research the markets so you don’t have to. Behind the scenes, the provider will have their own analysis methods and trading strategy.
For example, 1000pip Builder team utilizes technical and economic indicators to assess market sentiment and determine whether prices are likely to rise or fall.
Once 1000pip Builder discovers a potential market move, they’ll generate a strategy. This means assessing the best price to enter and exit the market, in terms of limit, stop-loss, and take-profit orders.
- Some signal providers will focus on longer-term plays through fundamental research.
- For instance, they’ll make trading decisions based on economic events, such as interest rate movements, CPI data, and job growth.
- After all, these metrics will have a direct impact on the value of a currency.
Irrespective of the underlying methodology, you won’t need any research or analysis experience when using forex signals. This makes signals ideal for beginners who want to trade forex without dedicating months or even years to learning their craft.
Signals are Posted in Real-Time via Telegram
Now we’ve established how providers research the currency markets, let’s explore how the signal process works. Once your chosen provider has generated a trading strategy, it will publish the signal to its Telegram group.
The best forex signals Telegram groups provide the following information:
- Currency Pair: You’ll be told which currency pair the signal relates to. This will usually be a major or minor pair, but some providers also cover exotics.
- Order Type: The signal will also inform you whether you should go long or short. This is reflected by a buy or sell order, respectively.
- Limit Price: Most forex signals come with a limit order price. This is the price which the buy or sell position will be executed. The position will remain pending until the price point is triggered by the markets. If it remains pending for too long, the signal provider might suggest canceling the order.
- Stop-Loss Price: You should also receive a suggested stop-loss order price. This protects your trading bankroll, as you won’t lose more than the stop-loss suggestion.
- Take-Profit Price: Take-profit orders are also included with forex trading signals. This is the price target set by the provider. If it’s triggered by the markets, the position will automatically close, meaning you’ve locked in your profits.
Placing the Signal Suggestion With a Forex Broker
The final part of the process is to place the suggested orders with your chosen forex broker. This shouldn’t take you more than a couple of minutes from start to finish. First, you’d need to search for the forex pair and choose from a buy or sell order.
After selecting a limit order, type in the entry price suggested by the signal. Similarly, you can also type in the suggested take-profit and stop-loss orders. Once you’ve confirmed the position, there’s nothing else for you to do.
Only one of three things can happen thereon:
- If the limit order price isn’t triggered, the signal provider might suggest canceling it. This means the trade is no longer active in your account.
- If the take-profit order is triggered, the trade will close in profit.
- If the stop-loss order is triggered, the trade will close at a loss.
It’s important you keep a record of how your forex signals are performing. The most effective and risk-averse strategy is to begin with a demo account.
The best forex demo accounts replicate the markets like-for-like. But you’ll be placing orders with virtual funds, so you won’t be risking any real money.
How to Pick a Forex Signals Telegram Group: Our Methodology
We came across countless providers when reviewing the best forex signals Telegram groups. In order to rank the top providers, we developed a meticulous research methodology.
Read on to discover the most important considerations when selecting a forex signals group.
Reputation and Transparency
The first step is to evaluate the signal provider’s reputation. A good starting point is to check how long the signal provider has been in business. Like any other investment service – the longer the better.
- We would then suggest reviewing third-party websites to extract experiences from other users.
- For example, TrustPilot allows users to rate signal providers from 1 to 5. Users can also leave a detailed review.
- Unfortunately, some signal providers pay for positive reviews, so you’ll need to make an informed judgment.
- Fake reviews are often left by users with only one TrustPilot contribution, so these should be ignored.
Reddit is another useful source – search for the signal provider and see if any relevant threads or posts are available. Crucially, use as many legitimate sources as possible to build a profile on the signal service.
In addition, the best forex signals Telegram groups are transparent. For instance, the provider should explain its methodology, trading strategy, and preferred currency pairs. It should also offer guidance on how many signals are sent and the respective time zone.
The win rate should be published by the forex signals provider. This shows the percentage of successful trades since the signal service was launched.
If the signal provider doesn’t publish its win rate, you won’t be able to make an informed decision on its past performance. Moreover, even if the win rate is provided, it’s crucial that you’re able to verify it independently.
In an ideal world, the signal provider will be connected to MyFXBooks. This is a third-party website that tracks brokerage accounts in real-time. In other words, the signal provider cannot manipulate their historical performance.
Timezone and Signal Frequency
Rarely do Telegram forex signals groups operate 24/7. In most cases, the provider will generate trading ideas over a set period each day. This means you’ll need to assess the timezone that the signals are generally posted.
- For example, if you’re based in New Zealand and using a signal provider based in the US, they’ll likely arrive in the middle of the night.
- Just remember – forex signals are usually for day trading positions.
- This means you’re advised to place the suggested orders as quickly as possible.
- If you act too late, you might not be entering the markets favorably.
You should also assess how many Telegram forex signals you’ll be receiving each day. There isn’t an ideal amount, but if you receive too many signals, you might become overwhelmed. Ultimately, we prefer signal providers that are consistent.
Some forex signal providers cover a wide range of currency markets, while others niche down to just a few pairs. Either way, you’ll need to check whether its target markets align with your risk profile.
For example, if you’re a risk-averse trader, opt for a signals provider that focuses on major currency pairs like EUR/USD. If you’re happy to take on more risk for additional gains, you might be more suited for exotics like USD/TRY.
While some Telegram signal groups offer free access, the best-performing services charge a monthly subscription. It’s important that the subscription fee represents value for money, based on your personal circumstances.
After all, you’ll only make a profit once you’ve covered the monthly fee. If you’re trading with very small amounts, turning a profit becomes even more challenging.
That being said, you shouldn’t choose a signal provider simply because it offers competitive fees. There is often a correlation between pricing and performance – meaning the best forex signals Telegram groups charge higher fees.
As long as the subscription fees offer a viable return on investment, it’s worth paying extra for signals that make consistent gains.
We mentioned the importance of initially testing a forex signal service with demo funds. In doing so, you can evaluate profitability without risking any money. However, you’ll still need to pay the signal subscription fee upfront.
Therefore, we prefer providers that offer a money-back guarantee. This means that you can ask for a full refund if you’re not satisfied with the service. 30 days is the ideal minimum timeframe, as this is long enough to assess performance.
Alternatively, some Telegram signals come with a trial period. This will either be free or at a significantly reduced price.
Just remember, you should never purchase a longer-term plan without first testing the signals. Instead, it’s best to start with a flexible monthly plan that can be canceled at any time.
Free Telegram Forex Signals
This section discusses free Telegram forex signals and whether or not they’re worth considering.
Free vs Paid Signals
The reality is simple – if you’re looking to make consistent gains in the forex market, free signals aren’t the way to go. There isn’t a legitimate provider globally that would spend countless hours each day generating trading ideas, just to give them away for free.
And even if you do come across a free signals provider, you should question how accurate and profitable they’re likely to be. Ultimately, the best Telegram forex groups charge a monthly fee.
This ensures providers are financially motivated to research the markets effectively and distribute profitable signals. This is the same concept found with the best stock tip services – credible providers don’t offer their time and expertise for free.
In summary, Telegram signals remove the guesswork in forex trading – you’ll be told exactly what positions to place. In our view, the most reputable signal provider is 1000pip Builder.
For just £19 per month, you’ll get up to 5 premium forex signals per day. The service has a high win rate since its inception. Combined with a MyFXBook verification, this allows you to ensure high transparency and accountability.