Forex Online Signals — Signal Provider Review

Came accross another Forex Signal Provider site called Forex Online Signals.   The question remains however, Forex Online Signals, are they just a good promotional program or are there signals effective enough for regular traders like you and me to be profitable?

Forex Online Signals offers a few things that set them apart from the rest.  Most important of these is the fact that you pay only if they give out a signal.  Some days, a signal will not be sent.  This allows (in my opinion) for them not to feel pressured to always be giving out a signal every day (like ForexProIndicator) because, quite frankly, there isn’t a trade every single day, maybe once a week, and this is what I like most about Forex Online Signals.  Moreover, they have a point system rather than you paying for each signal cash, you buy points and use those as you go along.

A few members of the Forex Forum I belong to has long talked about a Forex Signal Provider that would ask for compensation as a trader goes along rather than a huge chunk of money at the beginning of a month and not really leaving we, the traders, with a confident feeling that we will get what we paid for.

So, after reviewing Forex Online Signals, I will give them a thumbs up or down, depending on how it really goes.  I have belonged to Signal Providers before that send out signals that do not result in profitable trades even though their system says it was profitable for them.  Another thing to look out for when trying out Forex Signal providers.

I’ll keep you all posted!  Happy trading.