5 Best Forex Signal Providers for 2025

List of Top Brokers with Forex Trading Signals

Best Brokers for US Traders

Best Brokers for International Traders

How Did FXEmpire Select the Best Forex Trading Signal Providers?

• We ensured each broker scored above 4+ in our 250 data point broker rating review.
• We confirmed each broker offers entities that are authorized and licensed by a reputable financial regulator.
• We checked each broker offers access to high-quality forex trading signals.
• We researched the brokers’ trading signals to ensure they cover a wide range of financial instruments.
• We checked each broker offers copy trading to follow the signals easily through different trading platforms and/or apps.
• We researched the live spread of different instruments for each broker by opening a live account to check their competitiveness.
• We tested the brokers’ customer support methods to ensure you can access good quality assistance whenever you need it.

Our team of experts has identified brokers’ strengths and weaknesses using FXEmpire’s comprehensive methodology. Here’s how we test.

Now let’s explore the selected brokers.

How to Choose the Best Forex Signal Provider?

Below are a few things to consider when choosing the best forex broker with trading signals to partner with.

1. Choose a Safe Broker

Choosing a regulated forex broker is essential for ensuring the safety of your funds and reliable trade execution. Unregulated brokers could expose you to various risks, including conflicts of interest, poor trading execution, and the loss of your trading funds.

However, not all financial regulators are created equal. Here is a brief overview of the three tiers of financial regulators we use to evaluate brokers:

• Tier-1 regulators operate within well-established financial jurisdictions and have a proven track record of protecting investors. Examples of Tier-1 regulators include the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Commodity Futures Trading Commission (CFTC).
• Tier-2 regulators are based in less recognized financial jurisdictions but still maintain high standards. Examples of Tier-2 regulators include the Dubai Financial Services Authority (DFSA) and the Financial Sector Conduct Authority (FSCA) of South Africa.
• Tier-3 regulators are commonly associated with offshore-based nations and may not have the same level of oversight as Tier-1 or Tier-2 regulators. Examples of Tier-3 regulators include the Financial Services Commission Belize (FSC Belize) and the Seychelles Financial Services Authority (SFSA).
• In addition to regulated brokers, there are also unregulated brokers. These brokers are not subject to the same level of oversight as regulated brokers and may pose a greater risk to your funds. From my own experience, it is best to avoid unregulated brokers, as there is no legal recourse if they act fraudulently with your capital.

Check out our comprehensive guide on the Best regulated forex brokers.

You can check the regulatory status of a forex broker by visiting the website of the relevant regulator and searching their online register. You should also review the terms and conditions of the broker before opening a trading account.

Tier-1 regulators such as the UK FCA and CySEC offer the highest level of investor protection. They legally require brokers to offer a negative balance protection policy so your account does not go below zero, segregate client funds from company funds, and participate in a compensation scheme to cover your funds up to a certain amount in case the broker becomes insolvent.

Explore Best CySEC-regulated brokers and Best FCA-regulated brokers.

2. Check the Trading and Signal Provider Fees

There are a variety of broker-related trading fees to be aware of, including:

• Spreads: The spread is the difference between the bid and ask price. You want the spread to be as low as possible. See our guides for the best lowest spread and best zero spread forex brokers.
• Commissions: This is a charge to buy and sell. Some brokers offer accounts both with and without commissions.
• Swap fees: Swap fees are charged when you hold a position overnight and vary depending on the interest rate and broker markup. Discover Best low swaps forex brokers.
• Inactivity fees: Some brokers charge inactivity fees if no activity has taken place on your account for a certain number of months.
• Deposit and withdrawal fees: Some brokers charge fees for depositing and withdrawing funds.

When choosing a signal provider to trade with, there are other fees to take into consideration, including:

• Monthly subscription fee. Some signal providers will charge a monthly subscription fee to follow their trades and have them automatically copied onto your own account.
• Performance fee. Some signal providers will charge a performance fee as a percentage of profits made.

Some brokers and signal providers offer free trading signals for you to explore. Providers who generate income based on performance are likely to be more motivated to deliver strong results, as if they don’t perform well, they won’t earn.

3. Choose the Right Account Type

Brokers generally offer two main types of trading accounts, each with distinct fee structures:

1. Spread-Based Accounts (STP): These accounts charge no commission on trades but apply a spread, which is the difference between the bid and ask prices. The spread is usually wider, covering the broker’s fees within it.
2. Commission-Based Accounts (ECN): These accounts feature much tighter (or raw) spreads, often starting as low as 0.1 pips. Instead of a markup on the spread, a fixed commission is charged per trade, typically based on the trade size.

Read more about Best STP forex accounts and Best ECN forex accounts.

If you are using a signal provider that requires you to execute trades manually, then it’s beneficial to use a broker’s demo account first to see what fee structure will suit you best. Explore forex brokers with the best forex trading demo account offering in our dedicated guide.

4. Determine the Most Suitable Leverage

Leverage is a tool that can magnify both profits and losses. It allows traders to control a larger position with a smaller deposit. For example, with leverage of 1:30, a trader can control a position worth $30,000 with a deposit of just $1,000.

However, it is important to note that leverage also increases risk. If the market moves against the trader, they could lose more money than they initially deposited. For this reason, it is important to use leverage wisely and to understand the risks involved.

Tier-1 regulators, such as the UK FCA, CySEC, CFTC, and others, restrict leverage for retail traders to protect them from excessive risk. These regulators typically set a maximum leverage of 1:30 for forex trading or 1:50 if based in the US.

Offshore and unregulated brokers often provide access to higher leverage levels. However, these brokers may not be as safe or reliable as regulated brokers. It is important to do your research before choosing a broker and to avoid brokers who offer excessive leverage. You can check out FXEmpire’s carefully selected list of the best forex brokers with high leverage.

When following a trading signal provider, it is also important to identify what leverage they have used to achieve the results that you see. If they’re trading on an account with high leverage and you opt for an account with lower leverage, you won’t have sufficient trading capital to replicate all of the provider’s trades, leading to very different performance outcomes.

Ask the signal provider what leverage they use through the social trading function if the copy trading app has one to get similar results.

5. Test the Trading Platform

Testing the ease of use of the trading platform and app used to receive trading signals is essential. Most brokers rely on the MT4 trading platform as the foundation for sending or copying trading signals. For instance, brokers like FP Markets, AvaTrade, and Vantage use MT4 accounts to copy trades, even though you may not need to directly access MT4 to receive the signals.

Read more about Best MT4 forex brokers.

Some brokers, particularly those offering signals from third-party providers like Autochartist, may provide alternative access methods. These could include a dedicated website, an MT4 plugin, or integration within a proprietary trading platform, as seen with platforms like tastyfx.

Check out our guide to Best Autochartist forex brokers.

The most crucial aspect is ensuring you can easily access forex signals and have them copied automatically to your account or, at the very least, execute trades yourself quickly and efficiently.

If you’re new to trading, take advantage of the broker’s educational materials. These often include platform tutorial guides and videos to help you get started and improve your trading skills.

Read more about Best forex trading platforms.

What to Avoid When Choosing a Forex Signal Provider?

When choosing a forex broker offering trading signals, it is important to do your research and avoid brokers that exhibit any of the following red flags:

• Claims of high returns: There are no guaranteed results in trading the market. If a broker advertises this, then they are most likely unregulated and a scam that you should avoid.
• Not enough performance data: Make sure the signal providers have long track records – the longer, the better. If a broker only shows systems that have generated returns over a short period, they may be disguising the longer-term providers who eventually went bust, which is another red flag.
• Lack of transparency: If a broker is not transparent regarding its trading, non-trading, and signal provider fees, it is a major red flag, and you should avoid them.
• No physical presence: If a broker does not have an office in a well-established jurisdiction and no way to contact them through live customer support, it is a major red flag that you should avoid.

We’ve also compiled a comprehensive list of reliable brokers by jurisdiction here to help you navigate the complex world of forex trading safely.

How to Avoid Forex and CFD Scams?

Offering high-reward trading signals is an easy way for scammers to lure people in. Scam brokers are a major problem in the industry, and they can easily take advantage of new traders.

There are a few things you can do to avoid such scams, including:

• Verify the broker’s license and regulation: Always make sure that your broker is regulated by a reputable financial authority and is based in a well-established jurisdiction.
• Check the broker’s physical address: Check your broker has a physical address in a reputable country. Make sure you can contact them when needed and that there is a large team of employees working in the business.
• Conduct a reputation search: You can search for your broker in Google and use the ‘News’ function to check there are no news reports of issues relating to your broker.
• Use well-known payment methods: If a broker provides payment options you have never heard of, it is a red flag. Stick to well-known deposit methods to safeguard your transactions.
• Read the terms and conditions: Always read and understand the terms and conditions provided by the broker before opening an account with them.

Our Methodology

For more than a decade, FX Empire has been the prominent source of broker evaluations. Our review procedures have undergone continuous enhancements throughout the years, encompassing over 250 research data points, covering nine core categories:

• Trustworthiness: We examine the broker’s regulatory status, reputation, and license to operate within different jurisdictions.
• Fees: We open live trading accounts and test the broker’s trading fees to identify how transparent and competitive they are.
• Trading platform and tools: We test the broker’s trading platforms and tools on offer for how user-friendly they are and the number of features they provide.
• Tradable instruments: We research the number of tradable instruments available across the broker’s trading accounts to check how diverse their offering is.
• Customer support: We test how easy it is to access customer support and the level of the representatives’ knowledge.
• Payment methods: We explored all of the different deposit and withdrawal methods, including the processing times and fees associated with each one.
• Account types: We evaluate the broker’s account types to check their features, such as the type of execution method, minimum deposits, and general account features.
• Research and education: We assess the depth and quality of market research and education materials offered by the broker.

Read more about our review process here.

For this guide, we’ve built upon these findings and introduced additional criteria to identify the top forex trading signal providers for this year. We checked the broker provides high-quality forex trading signals and ensured there are low barriers to accessing them. Additionally, we tested for the ability to copy signals automatically through copy trading and researched any fees associated with trading signals for full transparency.

Meet Our Writers

The team of forex and CFD writers and editors at FX Empire is composed of trading industry professionals and seasoned financial journalists. Our writers have been published on leading financial websites such as Investopedia and Forbes. In addition, they all have extensive trading experience.

Related Broker Guides

• Best Forex Brokers
• Best Crypto Trading Brokers
• Best Forex Brokers with Trading APIs
• Best VPS Hosting Forex Brokers
• Best Forex Brokers for Beginners
• Best Forex Brokers for Scalping
• Best Copy Trading Platform

FAQ