Best Scalping Trading Signals
The best Forex scalping signal provider - RoboForex CopyFX.
Best scalping signal providers are:
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RoboForex’s CopyFX - offers copy trading signals through the CopyFX system
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1000pip Builder - offers reliable trading signals with a high probability of playing out
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Learn2Trade - delivers 3-5 signals daily on Forex, cryptocurrencies, indices, and commodities to their premium subscribers
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ForexSignals.com - the professional plan costs $52 per month, the apprentice plan - $116 per month, the committed plan - $74 per month
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Tickmill - signals provided by the tool cover multiple financial trading instruments, including Forex, indices, stocks, crypto, and commodities
Scalping is one of the widely used trading methods in the financial markets. However, it requires undivided attention to the price chart to find trading opportunities, which makes it a daunting task, especially for beginners. Besides, it takes a good grasp of how the moves to make consistent profits through scalping. Therefore, to this end, we bring you the best Forex scalping signal providers you can rely on. Keep reading to discover more about how each signal provider generates signals and the pros and cons of trading with them.
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Which indicator is best for scalping?
The success rate of indicators for scalping depends on how individual traders use them to find entries/exits. However, the Stochastic, Bollinger bands, Exponential Moving Average, and MACD are the most used indicators for scalping.
Top 5 scalping signal providers
RoboForex’s CopyFX
RoboForex is a reputable Forex broker that provides financial trading services to traders globally. It also offers copy trading signals through the CopyFX system, where traders/investors can connect their trading accounts to other professional traders to replicate their trade positions.
Copy trading is one of the most common ways a beginner trader can participate in the financial trading industry while learning the ropes of trading. It mitigates the risk of beginner traders losing their capital to the market due to lack of experience. Besides, copy trading is also ideal for experienced but busy traders who are engaged in other non-trading activities. There are several great scalpers on RoboForex with impressive trading records who provide scalping signals on the CopyFX portal. To start copying trades of other experts via the CopyFX, traders/investors need to sign up on the platform, browse and select a signal provider, and then set the copy trading parameters to start copying trades. Furthermore, traders/investors pay a commission/percentage for profitable trades.
👍 Pros
• Suitable for beginners/busy traders. CopyFX enables beginners and busy traders to copy the trades of expert traders.
• Diverse expert traders. CopyFX offers traders access to a wide selection of seasoned traders who offer copy trading.
👎 Cons
• Risk. Copy trading carries inherent risk. It doesn’t guarantee consistent profits as experienced traders can also suffer losing streaks.
• Fee. Traders/investors pay a percentage or commission to the signal provider from the profits made.
1000pip Builder
1000pip Builder is one of the top Forex signal providers that send premium trading signals to subscribers via email, SMS, and on the member-only area on their platform. is coordinated by Bob James, an experienced trader with more than 10 years of trading experience in the financial market.
1000pip is one of the trading signal providers with impressive reviews and testimonials from past and current subscribers on Trustpilot and other review websites. It offers reliable trading signals with a high probability of playing out. Besides, the platform also provides expert guidance that can significantly enhance the trading skills of subscribers.
Furthermore, 1000pip Builder offers premium signals only to clients who pay a monthly, 3-month, or yearly membership fee of $97, %227, and $497, respectively. While 1000pip has good reviews and testimonials from past subscribers, it is also crucial for traders to conduct more in-depth research on the platform before deciding to invest in the signal services.
👍 Pros
• Profitable signals. Signals provided by 1000pip are mostly accurate and well-analyzed, which could translate to potential profits.
• Educational value. 1000pips offers expert guidance and explanation to subscribers, which educates subscribers about the Forex market.
👎 Cons
• Expensive subscription costs. The subscription fees on 1000ppip are slightly expensive.
• No trial signals. 1000pip doesn’t offer free trial signals for potential subscribers to get a clue of the efficiency rate of the paid signals.
Learn2Trade
Learn2Trade is another incredible Forex signal provider on our list. This platform was founded in 2019 and is based in the UK, where it provides premium Forex signals to subscribers through a Telegram channel.
It generates trade signals using Artificial Intelligence (AI) with complex algorithms that scan the financial market for specific trading setups. Besides, sig
Learn2Trade delivers 3-5 signals daily on Forex, cryptocurrencies, indices, and commodities to their premium subscribers. It offers monthly, 3-month, and 6-month subscription fees of 35, £65, and £95, respectively. It also offers a lifetime access package, which goes for £250.
Moreover, Learn2Trade occasionally offers free signals to give potential subscribers a clue about the quality of their signals. Besides the signals, Learn2Trade has valuable courses on Forex trading that can significantly increase the knowledge of Forex traders.
👍 Pros
• Trade signals. Learn2Trade provides reliable trading signals to their subscribers, generated by a team of market experts or Artificial Intelligence (AI).
• Free and paid signal. Learn2Trade offers free signals to assist potential subscribers in making informed decisions on the quality of the paid signals.
👎 Cons
• Risk. All forms of trading carry inherent risks.
• Subscription costs. Traders pay a subscription fee to have full access to the signals, adding to trading expenses.
ForexSignals.com
ForexSignals.Com is another signal provider with relatively impressive reviews on different review websites, including Trustpilot. The platform was founded in 2012 by Nick McDonald, a professional Forex trader, to provide trading signals to other traders.
However, it has grown to become a community hub where Forex traders can access different trading strategies, educational videos, and technical indicators. Traders can assess the portal after paying a subscription fee.
Subscription plans on ForexSignals.com are in three tiers – the Professional, the Apprentice, and the Committed. Each tier has different features and benefits, including access to pro trading tools, one-on-one access to a mentor, daily live trading sessions, and trading room access.
The professional plan costs $52 per month, the apprentice plan costs $116 per month, and the committed plan costs $74 per month. Besides, ForexSignals.com offers a 7-day free trial for potential subscribers to have a firsthand experience of their trading signals.
👍 Pros
• Access to the trading community. ForexSignals.com has an active community where traders can connect.
• Access to expert traders. It creates a conducive avenue for traders to get direct mentorship from experts.
👎 Cons
• Different features. Each subscription offers traders access to a range of features, which makes it less convenient for all traders.
Tickmill
Tickmill is a financial service firm regulated by several reputable financial institutes; it offers financial brokerage services to clients globally. The broker also partnered with Signal Center, a reputable signal provider regulated by the Financial Conduct Authority (FCA). The platform provides trading signals generated by Artificial Intelligence (AI) and expert traders.
Tickmill aims to provide trading signals to support its clients in making objective trading decisions. Forex traders on Tickmill can simply download the Signal Center tool plugin from the broker’s website, install it, and start following the trade signs.
Signals provided by the tool cover multiple financial trading instruments, including Forex, indices, stocks, crypto, and commodities. Each trade signal displays the buy/sell entry zone, stop loss, and take profit evel.
👍 Pros
• Learning opportunity. Traders can improve their knowledge about the market by following the expert-analyzed signals.
👎 Cons
• Dependency. Too much reliance on trade signals can lead to a lack of independent decision-making, which could limit the growth of a trader.
What are Forex scalping signals?
Forex scalping signals are short-term trading suggestions to buy or sell a financial instrument at an optimal zone. Scalping techniques are employed in the financial markets to take advantage of small and quick movements of the price of an instrument, usually in smaller time frames. Essentially, scalping is a great way to make “quick money” from small price movements.
How do scalping Forex signals work?
Scalping signals are generated by identifying potential short-term price reversal zones in the smaller time frames. Technical indicators (e.g., Bollinger Bands, RSI, etc.) that detect overbought and oversold zones in the market are often used to identify scalping signals and entries. For instance, traders may look for sell entry when the Bollinger bands or RSI suggest an overbought market condition.
Here are some examples of scalping signals:
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Asset: EUR/USD
Sell at current market price @1.08246
Target: 30 pips.
Stop loss: 1.08346
Take profit: 1.07906
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Asset: USD/CAD
Buy at current market price @ 1.5103
Target: 30 pips.
Stop loss: 1.34996
Take profit: 1.35412
Pros and cons of scalping trading signals
👍 Pros
• Quick profits from small moves.
• Trades are usually brief, which reduces the risk of exposure to volatility.
👎 Cons
• Requires constant monitoring, which can lead to fatigue.
• Tendency to miss trade signals.
What to look for in scalping trading signals?
Here are factors to consider before choosing a Forex scalping signal provider:
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Price. Consider the price of the signal to the potential profit it would generate to determine if it’s worth paying for.
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User reviews. Check online forums and websites for user reviews and testimonials on the reputation of the signal provider.
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Signal timing. Check if the signal provider notifies subscribers on time of incoming signals to reduce the chance of missing a signal.
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Accuracy of the signals. Finally for signal providers with track records of accuracy and consistency.
Team that worked on the article
Joshua Francis is a professional Forex trader with 4+ years of experience in the financial industry. He trades the XAU/USD and GBP/JPY pairs. He is also a ghostwriter and author for Indicatorspot and Traders Union, where he puts his intensive research skills and deep knowledge of the financial markets into freelance writing.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
The topics he covers include trading signals, cryptocurrencies, Forex brokers, stock brokers, expert advisors, binary options. He has also worked on the ratings of brokers and many other materials.
Dr. BJ Johnson’s motto: It always seems impossible until it’s done. You can do it.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO). Mirjan is a cryptocurrency and stock trader. This deep understanding of the finance sector allows her to create informative and engaging content that helps readers easily navigate the complexities of the crypto world.