Trading FOREX can be extremely stressful and time consuming. In fact 95% of traders lose money in their first year trading FOREX. Many people feel as though if they are a stock broker, commodities or securities trader, they can come to FOREX and apply the same trading system and profit. This is where these people go wrong. The FOREX market an extremely volatile and unique market that can see huge market moves in a matter of minutes.

With the failure rate so high for first year traders, many have taken to FOREX signal providers. I can be the first to say that a lot of the FOREX signal providers are terrible. However, through my extended research I have come across a few that do work.

When using a FOREX signal provider, they usually send you their trading signal through charting software, e-mail or SMS. I did find it easy to receive the signal; however I was not always able to take the signals due to a day job. This really frustrated me since the service I was using was making money with their signals, however I wasn