Similar to social copy trading, forex signals are a way for traders to share trading opportunities with other traders and investors. When a trading opportunity is identified, or when certain predefined conditions are met, forex signal providers can share that information (typically a buy-or-sell recommendation) with other forex traders.
Traders that receive forex signals can choose whether to act upon the signal’s recommendation. Generally speaking, trading signals are either bullish (indicating a buying opportunity), or bearish (indicating a selling opportunity).
Some signal providers are fellow human traders, and some signals are created by computer programs, but nearly all trading signals are technical in nature and utilize some underlying form of technical analysis – often involving indicators which perform calculations on the price action of an asset.
Trading signals are just one tool in your trading arsenal, and should not replace your own trading strategy. That said, there are some forex signal services, platforms, and technology providers that deliver a great experience for traders who want to discover forex trading signals.
Here are some of my favorite signal providers (in alphabetical order):
Acuity Trading
Founded in 2013, Acuity Trading delivers a full suite of innovative products designed to help traders analyze market data information, including price action, market news, and economic calendar events. In March 2021, Acuity Trading announced its acquisition of Signal Centre, previously known as PIA First, which provides trading signals and remains an independent brand following the acquisition.
Acuity Trading also provides actionable market sentiment data. In 2017, Acuity formed a strategic partnership with Dow Jones Newswire to help power its calendar products and economic events analysis, which are available at a growing number of forex and CFD brokers.
Autochartist
Founded in 2004, Autochartist is a platform technology company that offers a suite of products and powerful analytical tools for traders and investors. Over the years, it has grown into a global brand that is in compliance with over a dozen global regulations from related authorities, and its technologies are used by many popular online forex and CFD brokers. Autochartist is perhaps best known for its automated chart patterns, “trade setups” (similar to trading signals), its web-based platform, and its MetaTrader plugin.
Autochartist provides trading signals driven by its database of technical charting patterns, and a plethora of other resources for traders, such as macroeconomic and fundamental news analysis, price forecasts, and risk calculations. Autochartist also offers social sentiment data on forex currency pairs and a range of other assets, updated on a minute-to-minute basis with data pulled from Twitter. Autochartist won the #1 Trading Signals Technology Provider award for the ForexBrokers.com 2025 Annual Awards.
MetaTrader Signals Market
MetaTrader is a platform suite developed by MetaQuotes Software that includes the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. When you are trading with a MetaTrader broker, you receive access by default to the MetaTrader Signals Market within the desktop platform and on MQL5 (except in rare cases where it is restricted by your broker).
Within the MetaTrader Signals Market, signal providers may use fully automated trading systems, discretionary trading systems (in which the provider decides when to place trades), or a combination of both types. Traders have the ability to view each trading signal provider’s number of subscribers (as well as other qualitative and quantitative metrics) to help assess the provider's performance.
Note: Some signal providers in the MetaTrader Signals Market may charge a recurring subscription fee for using their trading signals.
Signal Centre
Formerly known as PIA First, Signal Centre was acquired by Acuity Trading in early 2021 and has since remained an independent provider, though it can now leverage the technology from its parent company to power a growing list of participating brokers. Signal Centre is regulated by the Financial Conduct Authority (FCA) in the U.K., which is a requirement for companies that offer trading signals to U.K. investors.
Trading Central
Founded in 1999, Trading Central has become a major provider of technological solutions for the online brokerage industry. Known for its expanding suite of applications and automated technical analysis, Trading Central delivers a range of robust trading tools and resources such as investment research, economic calendar events, trader sentiment data, and a formidable offering of trading signals.
In the U.S., Trading Central is a Registered Investment Advisor (RIA) and is regulated in Hong Kong by the Hong Kong Securities and Futures Commission (SFC). Within the EU, Trading Central is a member of the self-regulatory organization Association Nationale des Conseils Financiers (ANACOFI-CIF), and registered with ORIAS which manages registrations and is supervised by the treasury department in France.
read_moreMore about Trading Central
Check out our guide to Trading Central to learn more about this popular technology provider, and to see our picks for the best forex brokers that offer Trading Central.