Are you looking for the best forex signal Telegram group of 2021 and beyond? If so, there are plenty of providers active in this space. However, many promise unprecedented returns that in many cases – never come to fruition.
In this guide, we review the best forex signal Telegram group in the market right now. We also explain how forex signals work and what you need to do to get started in a risk-averse manner today.
Free Forex Signals Telegram Groups 2021
Before reading each of our reviews in full, check out which forex signal Telegram groups made the cut:
- Learn2Trade – Best Forex Signal Telegram Group with Free Forex Signals Telegram
- Pipchasers – Telegram Signals Covering 20+ Forex and Metal Pairs
- FXPro Signals – Low-Cost Forex Signal Telegram Group With Weekly Plans
- The Forex Institute – Forex Telegram Group with Claimed Win Rate of 85%
- FXStreet – Forex SignalsTelegram Group With 21,000+ Members
Best Forex Signal Telegram Group Reviewed
Anyone can create a forex signal Telegram group that makes bold claims about “guaranteed” profits. As such, much of the industry is dominated by scam artists. This is why you need to be really cautious when choosing a provider.
We have done the hard work for you by reviewing five of the best forex signal Telegram groups of 2021.
1. Learn2Trade – Best Forex Signal Telegram Group with Free Forex Signals
After reviewing the ins and outs of dozens of well-known forex signal Telegram groups, we found that Learn2Trade offers the best all-round service. This is in terms of transparency and reputation, performance, customer service, and pricing.
First and foremost, Learn2Trade has been offering trading signals in the online space for several years now. On top of forex, the provider also sends out signals that cover cryptocurrencies making it a top pick for a crypto signals telegram group, alongside stocks and commodities.
The process is simple – you open an account with Learn2Trade, choose a subscription plan, and then join the Telegram group. After that, you will typically receive 3-5 trading signals each day – 5 days per week. Crucially, Learn2Trade forex signals come with all of the information that you need to trade in a risk-averse and 100% research-free nature.
For example, you’ll receive the forex pair that the signal relates to, whether it’s a buy or sell order, and what price to execute your trade at. And of course – you’ll also receive an exit strategy – which includes those all-important stop-loss and take-profit orders. In terms of performance, Learn2Trade claims to have a historical “win rate” of 70%.
In simple terms, this means for every 100 forex signals you receive, 70 will return a profit. Before we get to pricing, one of the most important features of Learn2Trade is that offers several safety nets for you as a member. For example, the provider also offers a free forex signals Telegram group that comes with 3 trading suggestions per week.
This allows you to get a feel for the group before signing up for the Premium Plan. Additionally, Learn2Trade also offers a 30-day moneyback guarantee for new members. This is imperative, as it allows you to spend the first month testing the signals out via a brokerage demo account – making the process 100% risk-free.
Then, if you find that the Learn2Trade forex signal Telegram group is right for you – only then might you consider becoming a paid member. If this is the case, Learn2Trade offers four different Premium Plan options.
- The most flexible option is charged at £35 per month – which you can, of course, cancel at any time.
- If you want to benefit from a cheaper plan, 3 and 6 months works out at £65 and £95.
Learn2Trade offers customer support around the clock – which can be accessed via live chat or email. Finally, we should also note that the Learn2Trade website itself is packed to the rafters with educational content. This ensures that you are able to learn the ins and outs of forex so that eventually – you can perform your own in-depth analysis.
There is no guarantee that you will make money with this provider. Proceed at your own risk.Â
2. Pipchasers – Forex Telegram Group Signals Covering 20+ Forex and Metal Pairs
Next up on our list of the best forex signal telegram groups of 2021 is that of Pipchasers. The platform – which has been around since 2017, offers signals on both forex and metals like gold and silver.
Each and every signal that you receive is based on in-depth chart analysis performed by the team at Pipchasers. This will include the respective currency pair and entry/exit order prices. All signals are subsequently sent via the forex Telegram group in real-time.
Pipchasers notes that it aims to send out 2-3 trading signals per day. Over the course of the month, it claims to reach target gains of 1,500 pips. As such, the amount of money you are able to make – if any, if highly dependent on how much you choose to stake on each position.
In terms of pricing, this forex signal Telegram group provider offers three plans to choose from. This starts at £59 per month, which you can cancel at any time. The 3-month package is charged at £149 and the 6-month option works out at £249. All three plans offer the exact same service, so the one you opt for is based on how long you wish to commit to the platform.
There is no guarantee that you will make money with this provider. Proceed at your own risk.Â
3. FXPro Signals – Low-Cost Forex Signals Telegram Group With Weekly Plans
FXPro Signals is a relatively popular daily forex signals provider that consists of four in-house traders. These forex traders will scan the financial markets around the clock and alert you in real-time when a forex trading opportunity arises.
We should note that the FXPro Signals make some highly bold claims – none of which we were able to independently verify. For example, it claims to have an accuracy rate of 89% on its forex signals.
This means that out of every 100 signals, 89 are successful. Additionally, the team at FXPro Signals claims to make over 1,000+ pips per week. Once again, this is a claim that we cannot validate. With that being said, FXPro Signals does stand out because it allows you to sign up on a weekly basis.
In fact, this costs just $7 – which is an inconsequential amount in comparison to what other signal providers charge. By opting for the weekly plan, this allows you to test the provider’s Telegram signals out via a brokerage demo account. Then, if you find that you are not happy with the results, you can simply cancel your FXPro Signals subscription.
On the other hand, if you decide to remain with the provider, there are also 3-month and 12-month plans at $120 and $380, respectively. Or, you can pay $500 all-in for a life-time membership which will get you unfettered access to the FXPro Signals Telegram group.
There is no guarantee that you will make money with this provider. Proceed at your own risk.Â
4. The Forex Institute – UK-Based Forex Signals Telegram Group With Claimed Win Rate of 85%
Next on our list of the best forex signals Telegram groups is that of the Forex Institute. This UK-based provider claims to have a success rate of 85%. It also claims to target a monthly profit of up to 1,500 pips.
Like all of the providers we have discussed today, all forex signals are sent out in real-time via the Telegram group. These come with the relevant pair, buy/sell orders, and entry/exit prices.
You can also receive support via the Telegram group, or through Whatsapp. When it comes to pricing, the Forex Institute charges £50 per month for its forex signals. The provider notes that this comes with a 3-day trial. This is, however, not enough time to really judge the effectiveness of the signals. After all, all forex signal Telegram group providers will have good and bad days.
Nevertheless, the monthly plan can be canceled at any given time – so the maximum exposure that you have is £50. As such, it’s a good idea – like all forex signal providers you are trying for the first time, so spend the first month testing the suggestions out on a demo account facility.
There is no guarantee that you will make money with this provider. Proceed at your own risk.Â
5. FXStreet – Forex Telegram Group With 21,000+ Members
FXStreet is a forex signal Telegram group that potentially – has one of the largest followings in the space. At the time of writing, its Telegram group is home to over 21,000 members.
Like most forex signal providers in the space, FXStreet makes some bold claims. This includes weekly gains of over 600 pips and an accuracy rate of 90%. FXStreet has been active in this space for over 10 years, which is evident in the number of members now using the group.
The main FXStreet website comes þacked with additional research tools – including real-time exchange rates, news developments, forex market insights, and educational resources. The platform also offers a range of useful analysis videos and weekly webinars – all of which can be accessed when you sign up for the Premium Plan.
In terms of pricing, FXStreet offers three plans. This starts at €35 if you want to sign up on a month-by-month basis. Or, if you want to obtain a lower price, the 3-month and 6-month plan reduces the cost to €31.66 and €26.66 per month, respectively. Once signed up, the FXStreet Telegram group is where you will obtain customer support via live chat.
There is no guarantee that you will make money with this provider. Proceed at your own risk.Â
Forex Signal Telegram Groups Explained
If you’re completely new to the world of forex signal Telegram groups, it’s important to get a firm grasp of how things work before taking the plunge. After all, not only will you be required to pay a monthly fee to gain access to the group, but you’ll be risking your own money when you act on each forex signal.
To help clear the mist, the sections below will explain everything there is to know about the best forex signal Telegram groups.
What are Telegram Forex Signals?
In a nutshell, by signing up to a forex signal Telegram group, you will have access to “trading suggestions”. These suggestions are provided by the signal platform that you decide to sign up with. In most cases, the provider in question will manually scan the currency markets by performing technical analysis.
In theory, those doing the research will have years of experience in the space – alongside a verifiable track record of making consistent gains. More on this later. Nevertheless, once you join the Telegram group, the provider will likely send several forex signals throughout the day – which is usually on a 24/5 basis.
To give you an idea of what Telegram forex signals look like, check out the example below:
- Pair: EUR/GBP
- Order: BUY
- Entry: 0.8898
- Stop-Loss: 0.8801
- Take-Profit: 0.8970
As you can see from the above, the best forex signals Telegram groups will provide you with all of the required information to act on the trading suggestion. In terms of the basics, this includes the pair (EUR/GBP) that you will be trading and whether it’s a buy or sell order.
And of course, you have the entry price that you should place the order at (0.8898). Furthermore, and perhaps most importantly, the best Telegram forex signal providers will provide you with an exit strategy. In our example, that’s a stop-loss order at 0.8801 and a take-profit order at 0.8970.
Ultimately, by having an entry and exit strategy on all forex signals, you don’t need to sit at your computer manually opening and closing trades. On the contrary, your trade will be closed automatically when either the stop-loss or take profit price is triggered.
If you’ve spent a bit of time researching the forex signal arena, you will likely know that you generally have two options. That is to say, some providers offer a free Telegram forex signals service, while others charge a monthly subscription. In an ideal world, you will be able to find a free forex signal Telegram group that has a long-standing track record of making above-average profits.
Unfortunately, this isn’t the reality at all. After all, you need to take a step back and evaluate what goes on behind the scenes. For example, forex signal providers are required to scan the currency markets around the clock – either manually or through automated systems.
Either way, this process is highly demanding and requires significant knowledge of how the forex trading scene works. Taking all of this into account, you need to ask yourself whether a forex signal provider would go through all of the time and effort to research the markets, provide you with trading tips and of course – offer 24/7 customer support – and not receive a penny in return.
This is why the best forex signals Telegram groups will charge a monthly fee for their service. And of course – if the provider is able to generate consistent financial returns, you likely won’t mind paying a monthly fee for this service. Furthermore, by having a financial incentive in place, the provider will ensure that it remains ahead of the curve at all times.
Benefits of Joining a Telegram Forex Group
Forex trading signals have been around for a very long time. Back in the early days, signals were provided in the form of an email or SMS. Although both of these mediums provide you with the signal information that you need – they are far from efficient. This is because there is every chance that you will not see the signal in good time and thus – miss the opportunity to capitalize on it.
An additional drawback of the old email/SMS system is that it does not provide real-time communication. For example, when you join a Telegram forex signals group, you have the chance to communicate with your fellow members. The Telegram app also makes it easy for group admins (i.e those providing the signals) to communicate with members at the click of a button.
Additionally, the interactiveness of Telegram allows the signal provider to take things to the next level. For example, Telegram allows you to post videos and images. Regarding the latter, this allows the forex signal provider to post charts and other analysis tools – subsequently allowing members to understand the reasoning behind the trading suggestion.
And of course, Telegram ensures that you never miss a forex signal, as notifications are sent to your phone in real-time. In fact, you can set up a custom notification sound so that you know the incoming alert is from the respective forex signal Telegram group. All in all, Telegram is now the go-to bridge to connect forex signal providers and traders alike.
Choosing the Best Forex Telegram Group for You
It’s easy to fall into trap of signing up to the first forex Telegram group that you come across because you are blinkered by claims of huge “guaranteed” monthly returns.
However, make no mistake about it – most forex signal providers active in this arena are nothing more than a scam. As such, you need to be prepared to do a lot of background research on your chosen forex signal platform before signing up.
To help you along the way, below we have listed the most important considerations that you need to make in finding the best forex Telegram for you.
Reputation and Reviews
Your first port of call when searching for the best forex Telegram group should be to explore the internet to evaluate the reputation of the group in question. There are several useful websites for this purpose – such as TrustPilot and Reddit. If the forex signal provider has a mobile app for Android and iPhone, then you can also check to see what the reviews are like on the Google Play and/or Apple Stores.
On the one hand, reading reviews in the public domain is a great way to gauge the wider reputation of the forex signal provider. However, it is also important to remember that it can be difficult to know whether the review in question is legitimate.
- For example, forex signal providers are known to post fake customer testimonials about their service.
- On the flip side, you will also come across negative reviews that have been posted by a rival provider.
- As such, you need to implement a bit of subjective judgment on the forex signal Telegram group reviews that you come across.
Perhaps, one of the most effective ways to do this is to assess how many Telegram group members the service has. After all, the likes of Learn2Trade now have a group membership base that exceeds 8,000+ subscribers. This speaks volumes, as a poor-performing forex signal service would not be in receipt of such a significant number of group members.
Free Trial / Moneyback Guarantee
Leading on from the section above, another way to ensure you are using a legitimate signal provider is to see what its policy is on canceling your membership. Without a doubt, the best forex signal telegram groups are those that offer a free trial and/or moneyback guarantee.
There is no guarantee that you will make money with this provider. Proceed at your own risk.
For example, Learn2Trade offers a 30-day moneyback guarantee to all new subscribers. In fact, the provider goes one step further by also offering a Free Plan that comes with 3 forex signals per week. Crucially, this means that you can test the Telegram forex signals channel out before making a financial commitment.
At the other end of the spectrum, some forex Telegram groups ask you to sign up for a paid subscription plan before you even get a chance to test the provider out. These signal groups should be avoided at all costs, as there is no way for you to independently assess the credibility of the signals without first parting with your money.
Number of Signals
Once you have crossed off the fundamentals of reputation and cancellations, it’s then time to explore the extensiveness of the forex signal service. By this, we mean the number of signals that you will receive once you sign up. It goes without saying that this can vary quite considerably from provider-to-provider.
What we should note is that more isn’t always better. For example, it’s all good and well choosing a Telegram forex signal group that sends out 20+ suggestions per day. But, such a large offering of daily signals will require a significant number of successful forex trades.
As such, it’s actually better to opt for a provider that offers a modest number of daily signals – say up to 5 per day. In doing so, you can be sure that the provider has performed lots of research and analysis on the suggestion before sending it out. Plus, a smaller number of daily signals shows that the provider isn’t taking a ‘gung-ho’ approach to currency trading.
Currency Pairs
The next part of your research process should look at what currency pairs the signal provider specializes in. Much like the number of signals sent out each day, this can vary wildly. For example, some signal providers will claim to be experts in “all” forex pairs. Taking into account that there are over 100+ commonly traded currency pairs in the market, this should ring alarm bells.
After all, there is only so much research that a forex trader can effectively perform throughout the day. This is why we find that the best forex signal Telegram groups typically focus on a modest number of pairs. In doing so, the traders in question will often have expertise in a select number of currencies, as opposed to trying to be a Jack of All Trades.
Fees
A lot of newbies to the forex signal space will often choose a provider based on pricing. Sure, in an ideal world you will find a Telegram group that offers the perfect combination between trading performance and cost-effectiveness. However, we would suggest placing less of an emphasis on fees and more of a focus on historical returns when looking for the best forex Telegram group.
- For example, a forex signal Telegram group charging £80 per month might sound expensive, but if it is averaging monthly gains of 1,000 pips, then this is, of course, money well spent.
- On the flip side, a forex provider charging £5 per month might sound really attractive, but if it yields more losers than winners, such a competitive price quickly becomes irrelevant!
Nevertheless, irrespective of how much the forex signal provider charges, this usually comes in the form of a monthly subscription. You can usually pay with a debit/credit card or e-wallet, and in most cases – cancel at any time. This at the very least allows you to cut ties with the provider – should its forex signals not meet your initial expectations.
Monthly Reports
You can bet your bottom dollar that the best forex signal Telegram groups in the space offer monthly performance reports. These are detailed reports that show you each and every signal that was sent throughout the month – and crucially, how it performed. For example, each line on the report should display the pair and entry/exit prices, alongside the profit/loss in pips.
In doing so, this shows that the forex signal provider is 100% transparent on its performance – even during challenging periods. On the other hand, if the provider does not publish regular reports, and it misses months out, then this is likely to be a major red flag.
Training and Educational Resources
In the vast majority of cases, those using forex Telegram groups are inexperienced traders that do not yet understand how to perform technical analysis. In other words, signals are popular with those that wish to actively trade forex, but don’t have the financial know-how.
There is nothing wrong with this, but at some point, you’ll likely want to fly your own wings and generate your own trading forex trading strategies. With this in mind, we find that the very best forex signal Telegram group providers also offer ongoing training. This generally comes in two forms.
Firstly, providers like Learn2Trade not only offer forex signals – but also an overview of why the suggestion represents a trading opportunity. For example, most signals come alongside a chart that shows what the respective technical indicator is showing.
Secondly, the same provider also offers a wealth of education resources on all-things trading. This includes everything from introductory guides on forex trading and spreads, to technical analysis and leverage. Ultimately, this ensures that you continue to build on your forex trading knowledge in conjunction with the signals that you act on.
Associated Brokers
Most forex signal Telegram group providers will have a small selection of ‘associated brokers’. These are forex brokers or CFD trading platforms that the provider recommends in terms of acting on the signals it sends out. On the one hand, you are under no obligation to go with the forex trading site that the signal provider suggests. After all, you can use any broker of your choosing.
However, making a quick assessment of the credibility and reputation of its associated brokers will give you a good idea as to who the forex signal provider is.
By this, we mean that should the provider recommended a reputable trading platform that is licensed by the likes of the FCA – then this is a good sign. On the flip side, if the provider recommends using an offshore forex broker or forex app that isn’t regulated at all, then this should present alarm bells.
Customer Support
It goes without saying that the best forex signal Telegram groups offer top-notch customer support. In most cases, this is provided from within the Telegram group in question. For example, there is likely to be a sub-group that is dedicated exclusively to customer service – which will be monitored by a representative of the signal service.
This allows you to send a message at any given time and receive a speedy resolution to your question or concern. Additionally, you might find that one of your fellow Telegram group members can assist you. After all, the best forex signal Telegram groups have members from all over the world – meaning that there is activity around the clock.
How to Test Forex Signal Telegram Results Risk-Free
It is important to remember that there is never any guarantee that your chosen forex Telegram channel will make you money. On the contrary, there is every chance that you will make a loss. This can come in two forms – which include the monthly subscription fee and the trade losses themselves.
The good news is that there is often a way to test the effectiveness of the forex signal provider before making a financial commitment. This is, however, on the proviso that the provider offers a free trial or moneyback guarantee.
Here’s what you need to do:
- Join the Telegram channel of the forex signal provider via a free trial or moneyback guarantee subscription
- If you don’t already have an account with a forex broker that offers demo trading facilities – open one up without making a deposit.
- Place the required orders on each and every forex signal that the provider sends for the duration of the free trial or moneyback guarantee period.
- Make sure that you keep track of how each signal performs by entering the pair/entry/exit price, and profit/loss in pips on a spreadsheet.
- At the end of the trial period, you will have a full breakdown of how much the forex signal made or lost you in terms of pips. This will then allow you to decide whether you want to remain with the provider or walk away.
How to Get Started with the Best Forex Signal Telegram Group
So now that we have discussed the ins and outs of how forex signal Telegram groups work – we are now going to show you how to get started today.
Although we are showing you the required steps with our top-rated provider Learn2Trade, which is our pick for the best forex Telegram group, the process remains constant across all forex signal Telegram groups.
Step 1: Choose Your Learn2Trade Moneyback Guarantee Plan
First and foremost, you will need to choose which Learn2Trade plan you wish to sign up for. You are probably best to stick with the month-by-month plan, as this allows you to cancel at any time.
And of course – all plans come with the Learn2Trade moneyback guarantee, which you can initiate at any time before the period expires.
You can, however, also start off with the Learn2Trade free forex signals Telegram group. With that said, this only comes with 3 signals per week – which likely won’t be enough to fully test the provider out.
Step 2: Join Learn2Trade Telegram Group
Once you have signed up for the Learn2Trade forex signal plan of your choosing, it’s then time to join the Telegram group.
If you haven’t already got Telegram on your phone – you’ll easily find it on the Google Play or Apple Store. After all, the Telegram on Google Play alone has over 500 million downloads!
Once you have the Telegram app open, you can go straight to the Learn2Trade group by clicking on the link contained within the confirmation email that you received after signing up.
Step 3: Set up Notification Alerts and Wait for Signals
As soon as you have joined the Learn2Trade forex signal Telegram group, make sure that to check your notification settings. What you are looking for here is to ensure that Telegram will send an audio alert to your phone in real-time – the very second that a signal is posted.
As a side tip, it’s also worth changing the audio notification sound so that it is unique to Telegram. This way, you’ll know to check the notification as soon as the signal is sent.
Then, it’s just a case of waiting for the next signal to active in the group. In most cases, Learn2Trade sends out between 3 and 5 forex signals per day. Some of the signals that you receive might be related to another asset class – such as cryptocurrencies or stocks.
Step 4: Place Order at Your Chosen Forex Broker
Once you receive a forex signal alert, it’s then time to place the required orders. For this, we would suggest sticking with a demo account for at least the first few weeks. In doing so, you won’t be risking any funds on the signals – as you’ll be using your ‘paper trading‘ balance.
If you don’t already have a forex broker account – make sure you open one with a platform that offers demo facilities. A popular choice in this respect is eToro – as the FCA broker offers demo accounts with a starting balance of $100,000. Plus, the broker offers over 50 currency pairs and allows you to trade on a commission-free basis.
If you do decide to use eToro, you need to complete the following steps to act on the Learn2Trade forex signal:
- Search for the forex pair that the signal relates to – such as GBP/USD or AUD/NZD
- Select from a buy or sell order, depending on what the signal suggests
- Enter the forex signal entry price via a limit order
- Enter the suggested stop-loss and take-profit order price
- Confirm the order
As soon as the order is confirmed, the position will be closed automatically when either your take-profit or stop-loss order price is triggered.
Once the trade is closed, make sure you add the outcome of the signal to your spreadsheet log. Keep repeating this process until for the duration of the moneyback guarantee so that you can make an informed decision as to whether or not the Learn2Trade forex signals Telegram group is right for you.
Best Forex Signal Telegram Group – Conclusion
In summary, finding the best forex signal Telegram groups is no easy feat. After all, there are hundreds of providers trying to win your business – most of which are nothing more than a scam.
The good news is that we have discussed the most important factors to consider when searching for a suitable provider. This includes everything from reputation, verifiable results, pricing, supported currencies, customer service, and more.
Ultimately, our research process found that Learn2Trade is one of the best forex signal Telegram groups currently in the market. With more than 8,000 members in the Telegram group – you’ll be joining an ever-growing forex trading community.
Best of all, this provider offers that all-important moneyback guarantee – so you can test the signals out before making a commitment.
Learn2Trade – Best Forex Signal Telegram Group
There is no guarantee that you will make money with this provider. Proceed at your own risk.
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