Best Forex Alerts 2024

Top 7 Forex Price Alerts 2024

Learn 2 Trade

Learn 2 Trade

Learn 2 Trade is hands-down the best platform to receive signals forex, with high probability and success rates. It's a one-stop solution for both beginners and professionals alike, giving insightful trade ideas, market news, and price alerts.

Furthermore, it's not limited to a single geographic market or financial instrument. In addition to forex, you can also receive information and signals regarding stocks, CFDs, crypto, and commodities.

What sets Learn 2 Trade apart from the rest is that this platform exclusively focuses on signals for trading. So regardless of the broker you're using for your forex trades, you can sign up with Learn 2 Trade to receive alerts for different currency pairs.

It's available as both free and paid, with the premium paid version offering more features and benefits. The signals are provided via a Telegram group, so you can receive them directly on your phone as well through the Telegram app.

They provide signals mainly through manual deliberation and analysis by forex experts, who have over 15 years of experience in the field, according to the website. Since it's based in the UK, the analysts are also UK-based.

Learn 2 Trade has over 50,000 members currently, so the community is quite widespread as they accept members from everywhere.

The price alerts usually contain a lot more than just prices, giving ample information for traders to make a move. This includes stop loss and taking a profit.

ForexSignals.com

ForexSignals.com

ForexSignals.com is another helpful resource for traders, especially those new to forex trading. Like Learn 2 Trade, their price alerts come from professionals with years of trading experience. However, that's not all, as those mentors often also do live streams to educate traders and give them trade ideas for different forex currencies.

The price alerts are sent daily if you subscribe to the premium version. Unfortunately, the free alerts are very limited in terms of the information they provide. So if you want to get the best out of it, you have to go with the premium version.

The good news is that its premium subscription is more on the economic end with monthly, three-month, and six-month subscription options.

In addition, you join an extensive community of traders through their Trading Room feature, where you can learn from other forex traders and share your ideas to gain insights and opinions. There are thousands of traders on the platform, and the community is gradually growing even bigger.

eToro

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eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

eToro is one of the leading forex trading social networks that also provides alerts. It essentially follows copy trading by allowing traders to automatically copy other traders on the platform. And, yes, it's also a broker, so you can trade using the very same website and app where you're receiving alerts from.

This is obviously a viable option for beginners who don't yet understand the ins and outs of the forex markets. By copy trading, they have the opportunity to learn and, if they are lucky, make a profit as well. But as usual, the risks are there.

Unlike other forex alerts providers, eToro does not explicitly send signals but rather allows traders to see signals of potential moves and copy them in real-time, all automatically. It's quick, intuitive, and easy to use.

It's an Israeli broker based in Tel-Aviv, with offices in the US, Australia, and Cyprus as well. It used to be only web-based, but now also has mobile apps for both Android and iOS.

MQL5

MQL5

If you're looking for forex alerts from real-life, experienced traders, particularly those trading on MT4 and MT5 platforms, MQL5 is a good choice. Particularly, its signals page is designed for those looking to copy trade forex.

As such, there's a huge variety of traders to receive signals from and copy. Once you receive a signal and decide to proceed with the trade, you can do so almost instantaneously with the MetaTrader platform.

It's a mix of free and paid signals, with many traders charging a fee for sending price alerts and other signals. Some pro traders with a good track record can charge hundreds of dollars. Also, anyone can join the platform to provide copy trading signals, which is why you have to be a little more discerning when choosing which trader to receive signals from.

At the same time, there are many free signal providers, and MQL5 itself doesn't charge any fee for sending those signals, at least not to the trader receiving the signals.

The signals page does provide detailed stats about the traders and rates them based on their own ROI on forex trading over a span of time, which is also indicated. It also mentions the drawdowns and trading frequency. So all the information is there for traders to make the choice for whom to receive trading signals from.

More importantly, all this trader info is independently verified by MQL5, so it's trustable. You can use different filters to select traders that meet your selection criteria because there really are a lot of traders to copy.

1000pip Builder

1000pip Builder

1000pip Builder is one of the top forex signal providers with historically accurate price forecasts. That's because they use verifiable historical data. You know the signals are reliable when even MyFXBook, the social community for forex traders, tracks them.

They have been in the game for far too long, which only works in their favor. Those who don't like taking risks and want something sure to count on can go with 1000pip Builder purely based on their reputation alone.

With good ratings and reviews, their price alert is backed by data. In fact, many new traders have even gotten support from an established lead trader on the platform, receiving mentoring for forex trading, in general.

So if you want a mix of forex alerts, knowledge base, and community, 1000pip Builder is the right place for you to start your forex trading journey.

It sends price alerts for 15 currency pairs, with up to seven trades for five trading days in 24 hours period.

1000pip Builder is a paid forex signal platform with monthly, quarterly, and yearly subscription options. The rates are comparatively higher for this provider.

Forex GDP

Forex GDP

Forex GDP is yet another forex alerts provider that offers both free and paid subscriptions for forex trading alerts. The free signals are pretty basic and provided through Whatsapp groups. The info only includes entry and exit levels.

With the free model, you can receive two to four alerts only in a month. That's enough for a seasonal trader or those looking for some short-term gains. However, for regular traders, it would make sense to go with the paid subscription, which is competitive in terms of cost and benefits.

In terms of pips profits, the free signals range between 90 to 150 pips while the paid signals range between 300 to 700 pips. With a paid subscription, you receive detailed email alerts with entry and exit points as well as trading ideas. The frequency of paid signals is up to 12 signals a month.

The subscription fee is lower if you go for a longer term. However, there's also a Supreme plan that's more expensive and includes 16 to 25 monthly signals. However, with the Supreme plan, you can also receive alerts for commodities.

Exness

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Your capital is at risk.
You can lose your money.

Exness

Attention all Exness traders! Quick question: are you currently using Price Alerts on the platform? If not, why not give it a try?! Here's how:

Download the App

Get started by downloading the Exness Markets app on your mobile device (available through Google Play Store).

Sign Up

Create your Exness account. Next, log into MetaTrader 4/5 using your trading account.

Retrieve Your ID

Retrieve your unique "MetaQuotes ID" by following the instructions below:

Save this ID for the next step.

Access the Desktop Version

Use MT4/MT5 desktop version to enter that saved information like so:

Set up Custom Alerts From Your Desktop Terminal

Customizing alerts in your Terminal window is simple once you know how! Start by opening up the Alerts tab at the bottom of any page within this interface.

From there, right-click in an empty area and select Create from within this context menu while confirming that Enable has been checked off previously.

Select Notification from the Action dropdown list before adopting this alert according to your requirements.

Afterwards, use Test mode, which sends push notifications straight over onto your mobile terminal device so that you can double-check everything looks fine before clicking OK, finalizing all changes made & saving them permanently!

What is a Forex Price Alert?

A forex price alert is a forex signal to enter a foreign currency exchange trade at a particular price point. Forex brokers usually provide such signals to their subscribers, allowing instant alerts about any price changes that indicate potential profit (or loss).

Such an alert can basically help a trader determine whether a forex pair is worth trading, whether they should buy or sell the trading currency pair, and also estimate how much profit they can walk away with.

For most casual forex traders, such price alerts allow them to save time and make profitable decisions in real-time without spending hours analyzing the markets.

What is the Best Forex Price Alert App?

NetDania Stock and Forex Trader is the best mobile app to receive forex price alerts. It's very popular with forex traders worldwide with instant price alerts and up-to-date interbank exchange rates for major currency pairs.

It's also a viable option for those forex traders who also dab in stocks and commodities because the app also provides real-time prices for those. Therefore, it basically bundles alerts for all these potential investments in just one mobile app.

Overall, it covers over a whopping 20,000 financial instruments, including many forex currency pairs.

Another advantage is that it provides free signals for forex, which makes it a feasible option for newbies who would rather put all the capital into forex than subscribe to an alert service. You can also see live streaming charts with currency pairs and their prices. Furthermore, you can set alerts for your choice of currency pairs.

The user interface of the app is basic, which makes it easier to understand and utilize. In addition to setting up forex price alerts, you can also latest forex market news from Market News International and FxWirePro.

The app is available for both Android and iOS.

The experts at Trader's Union have also reviewed other useful Forex alert apps and shared insights on what to consider when choosing such an application.

How Do Forex Alerts Work?

The way forex alerts work depends on the type of signal, and there are two types of forex signals: automatic and manual.

Manual forex alerts are based on the analysis by professional traders or analysts who use many indicators to gauge the forex markets and base their recommendations on their analysis and estimations.

This is a deep analysis of forex currency pair prices and trends over time, as well as a look at the current or impending sociopolitical climate and news that may impact the markets. Such analysis is often time-consuming.

Automatic alerts are generated through data analytics made by developers and based on the expertise of analysts. These are powerful algorithms that use historical data to study patterns and identify potentially profitable currency pairs to recommend to the traders at a favorable price point.

Unlike manual forex signals, automated alerts are based purely on technical indicators and use mathematical calculations. So these alerts are as good as the algorithms behind them. This is one of the reasons why it's important that traders go with only trusted and reputable broker trading alerts.

The only parameter missing from automated alerts is recent events and news. These alerts usually do not take into account geopolitical news, natural disasters, or any human intervention, for that matter.

Another feature of automatic alerts is that traders can set rules and parameters for the technical indicators. They can also choose specific currency pairs they want to receive price alerts for, for example, EUR/USD or GBP/USD. You can customize the spreads as well.

In other words, you can align the forex price alerts with your trading strategy to stay up to date about any price drops or hikes that may help you make more informed trading decisions.

Forex alerts are usually provided by forex brokers, either for free or a subscription fee. For many, it's a way to lure investors into entering the market and trade on their platform. However, it's not necessary to trade on the broker platform you receive price alerts from.

How to Compare the Best Forex Price Alerts

This section will explore the critical elements to weigh up when comparing various providers of forex alerts.

Reputation and Trust

The first issue to keep in mind is the popularity and trustworthiness of the Forex market alert provider. Look for opinions from other investors and any expert accreditation or certification the company has obtained.

Number of Signals

Another crucial aspect to recall is the wide variety of forex alerts the issuer offers.

Time Zone

It is important to remember the time area wherein the Forex market alert gadget operates. Ensure the provider's indicators are according to your trading agenda and time sector.

Win Rate

A high win fee is critical when selecting a Forex Alert service. Service with a high win price offers more guarantee that its alerts will result in profitable trades.

Fees

Another critical factor is the value of the Forex market alerts carrier. Look for providers with obvious pricing, no hidden expenses, and reasonable charges aligned with their offerings' value.

Money Back Guarantee

This feature may be particularly crucial for buyers who strive for a risk-free service before committing to a subscription.

Tips for Using Forex Price Alerts

Best Forex Trading Platforms

Of course, with your forex price alerts all set up to give you the right signals to trade profitable currencies, you're going to want to join the best forex trading platforms. Here are two recommendations:

1

9.4/10

Go to broker

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest.

Minimum deposit:

$50

Bonus for deposit:

0%

Regulation:

CySEC, FCA, ASIC

Review

The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA. eToro Profile Details

Pros/Cons

•the minimum transaction amount for copying is $1;

•handy functionality for passive investing;

•regulated by independent monitors;

•it is possible to purchase contracts for fractional shares (that is, to invest amounts less than the cost of one share);

•it is possible to buy shares at once (not CFDs) on the US stock exchanges.

•high spreads;

•periodic technical failures in order execution;

•lack of the most popular platforms such as MetaTrader 4 and MetaTrader 5 in Europe and the CIS;

•no access to ECN systems, orders are processed only according to the STP (straight-through processing) scheme with access to specific liquidity providers;

•there is a commission for withdrawing funds;

•impolite support staff;

•inconvenient website.

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2

9.2/10

Go to broker

Your capital is at risk.

Minimum deposit:

No minimum

Bonus for deposit:

0%

Regulation:

FSC (BVI), ASIC, IIROC, FCA, CFTC, NFA

Review

The name OANDA is an acronym for “Olsen & Associates” or “Olsen AND Associates”. It is registered in the United States and provides its clients with a wide range of financial services in most countries of the world. The company was founded in 1996 and is currently regulated in four jurisdictions. The main regulator of the broker is the UK Financial Conduct Authority (FCA). Oanda Canada is licensed by IIROC. The company has several significant awards to its credit, including a victory in the category "Best Forex Trading Technologies" from the UK Forex Awards, "Best Trading Platform" from FX Week, as well as "Best Customer Service" from the US Foreign Exchange Report.

Pros/Cons

•Minimum deposit from 1 dollar.

•A large selection of the most popular trading instruments.

•Several reliable and reputable financial regulators.

•Inconvenient and poorly functioning site.

•Lack of cent accounts.

•Lack of bonus programs.

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