If you’re struggling to trade forex profitably, forex signals can help. With forex signals, you have access to a professional trader’s indicators and trades in real-time. So, you can simply copy the trades as they’re made or learn the entire trading strategy to improve your own forex trading.
Some of the best forex signal groups in the UK are now on Telegram, the ultra-secure and ultra-fast messaging app. However, finding the best forex Telegram group in the UK can be tricky if you don’t know where to start. That’s why in this guide we’ll cover everything you need to know about how to find the best forex signal Telegram group in the UK.
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Top Forex Signals Telegram Groups 2021
There are hundreds of forex signal Telegram groups, which can be overwhelming for new forex traders. To help you get started, here are our picks for the top 5 forex Telegram groups in 2021:
- Learn2Trade – Overall Best Forex Signal Telegram Group
- FX PROfit Signals – High-quality Signals with Detailed Charts
- Wall Street Forex Signals – Great Free Forex Signals Telegram Group
- Ten Times Profit FX – Technical Telegram Forex Signals Trading
- 1000Pip Builder – Strong, Verifiable Track Record
Best Forex Signal Telegram Group Reviewed
Interested in learning more about our top forex Telegram groups? We’ve reviewed each of these services in detail so you can decide which one is right for you.
1. Learn2Trade - Overall Best Forex Signal Telegram Group with Free Forex Signals
Learn2Trade is a UK-based forex trading service with a very active forex trading signals group on Telegram. The group typically posts between 8 and 10 forex signals a day, which is more than enough to keep even full-time expert traders busy.
Most of the daily forex signals are based on a combination of technical indicators, including moving averages, Bollinger Bands, and Fibonacci retracements. However, Learn2Trade does keep an eye on macroeconomic events, which is important to make sure you’re not trading against the grain of the global economy.
In trying out the service, we found that the vast majority of these forex signals are profitable. To be sure, there are a few misses. But the team holds itself to account for them and rarely has more than 1 or 2 losing signals in a single day. We especially liked that Learn2Trade posts annotated technical charts and explanations of the motivation behind a forex trade, which both enables you to learn how to trade better and helps you decide for yourself if a specific signal is right for you.
One thing that’s nice about Learn2Trade, especially if you’re new to the world of forex signals, is that you can get a preview of the signals for free on Telegram. The free Telegram forex signals group doesn’t include an entry price or notifications, but you can see Learn2Trade’s charts and get the explanation behind different trading setups. A Premium subscription, which includes access to all of Learn2Trade’s signals data, costs £35 per month or £95 per 6 months.
- Free forex signals Telegram channel available
- Up to 10 signals per day
- Monitors forex fundamentals
- Detailed trading charts and explanations
- Doesn’t include commodities trading
FX PROfit Signals - High-quality Signals with Detailed Charts
FX PROfit Signals is another high-volume, high-quality forex signals provider operating over Telegram. This forex signals group offers 5-7 trading signals per day and has a track record of returning up to 2,000 pips per month.
Every signal comes with detailed analysis in the form of an annotated chart and in-depth discussion of the signal. You won’t get much in the way of dedicated educational resources with this signals group. However, we found that you can learn quite a bit about the trading strategy just by following the charts.
Another thing we liked about FX PROfit Signals is that the group takes risk management seriously. You don’t only get an entry point and a single exit point, but rather three take profit levels for every trade and a stop-loss that’s increased over time to protect your profits.
FXPROfit Signals covers forex as well as popular commodities like gold, silver, platinum, and crude oil. You can join for €69 per month or €359 per year. That’s not cheap, but it’s not especially pricey either considering the number of signals you receive every day. Your account also comes with 24/7 customer service, which is a major benefit.
- Up to 7 signals per day
- 2,000 pip return per month
- Three take-profit levels per trade
- Includes commodity signals
- Relatively few educational resources
3. Wall Street Forex Signals - Extremely Impressive Returns
Wall Street Forex Signals is one of the most profitable forex Telegram groups we’ve come across. In 2020, this service pulled in over 98,000 pips in profit for its Premium subscribers. That corresponds to an average monthly profit of more than 15% and a win rate of over 85%. Clearly, the traders behind this group are doing something right.
With Wall Street Forex Signals, you get 5-6 trading signals daily. Every signal comes with an entry point, three take profit levels, and a trailing stop-loss recommendation. The group requires you to have the MetaTrader 4 trading platform to follow along with the trades, which means you also get hands-on experience with charting and analysis. Wall Street Forex Signals covers trading for all major and minor currency pairs, plus gold trading.
Helpfully, Wall Street Forex Signals supports copy trading so that you can leave your trades fully in the group’s hands when you’re too busy to monitor your notifications. This comes with 24/7 customer support and includes access to a demo account, so you can test out how well copy trading works for you.
Wall Street Forex Signals costs $14.95 per month (around £11 per month). If you want to enable copy trading, this service costs an additional $45 per month (£33 per month) or $189 per year (£140 per year). Wall Street Forex Signals also has a free forex signals Telegram group that includes 2-3 signals per day.
- Excellent past performance
- Includes gold trading signals
- 24/7 customer support
- Supports copy trading
- Requires MetaTrader 4
4. Ten Times Profit FX - Technical Forex Trading
Ten Times Profit FX is one of the smaller forex signal Telegram channels you’ll find. It only has 15,000 members receiving its free Telegram forex signals and 3,000 Premium subscribers. However, we think this group’s consistently profitable trading signals and high-quality technical analysis make it a great choice for new forex traders.
What’s unique about Ten Times Profit FX is that the group appears to base its analysis almost exclusively on technical analysis. There’s very little discussion of macroeconomic trends, and trading signals are released with annotated charts with almost no further explanation. We found that this approach does sometimes result in losses when the market reacts to political news, but on the whole Ten Times Profit FX has done a nice job honing its forex trading system.
The annotated charts that Ten Times Profit FX releases on its Telegram forex signals channel are a huge asset for this service. There’s enough detail included that you can study the chart to decide for yourself whether you want to follow the signal. Of course, each signal also includes a stop-loss level and three take profit levels.
Overall, Ten Times Profit FX boasts 15-40% monthly returns. From March to June 2020, the latest period for which Ten Times Profit FX has released its performance data, the broker notched an average performance of 39% per month.
- Very strong monthly performance
- Highly detailed technical charts
- Free copy trading service
- Excellent free forex signals Telegram group available
- No fundamental analysis
1000Pip Builder - Strong, Verifiable Track Record
1000Pip Builder takes a slow and steady approach to generating profits from the forex market. This forex signal provider has been around for over 10 years and aims for a modest, but attractive monthly return of around 10%. The broker tracks its performance with MyFXBook, so you can go back in time to see exactly how well 1000Pip Builder has fared in the market.
One thing that sets this forex signals group apart is that it has a narrow focus on 15 major and minor currency pairs. 1000Pip Builder doesn’t trade cryptocurrencies or commodities, instead focusing on assets that are generally less volatile. The result is less impressive returns than other forex signals services when the market is going up, but also more stability when the market is going through a downturn.
1000Pip Builder is designed specifically for novice forex traders, and we found that the signals were very easy to follow. You get a clear entry point and take profit levels, plus an explanation of exactly how the technical indicators on a chart indicate the conditions for a trade. In fact, this approach makes 1000Pip Builder one of the best forex signal Telegram groups in the UK if you’re trying to learn how to trade on your own.
It’s worth noting that 1000Pip Builder doesn’t offer copy trading. So, you will need to pay close attention to your Telegram notifications in order to keep up with the service.
1000Pip Builder costs $97 per month (£71 per month) or $497 per year (£366 per year).
- Slow and steady returns
- Very beginner-friendly
- Relatively inexpensive
- Tracks performance over time
- Less impressive returns than competitors
- No copy trading
What are Telegram Forex Signals?
Telegram forex signals are simply forex signals delivered via Telegram, the popular messaging app. Telegram is fast and secure, so you can get the information you need to place a trade in real-time.
Forex signals are trade ideas that come recommended by professional traders. While forex signals can take different forms, they typically include all the information you need to execute a trade: an entry point, a take profit level, and a stop-loss level.
Forex signals can be hugely helpful for forex traders because they eliminate a huge part of the work that goes into finding profitable trades. A professional trader with a deep understanding of the forex market looks for setups on your behalf, and then simply lets you know about the most promising candidates.
Free Forex Signals Telegram vs Premium Signals
Many of the best forex signal Telegram groups we reviewed offer both free groups and paid premium groups. So, should you be paying for forex signals, or should you stick to free signals?
For most traders, paying for premium forex signals is worthwhile. When you pay for a premium subscription, you get access to more signals per day and more details about the data the signal is based on. Even if you don’t have the time to take advantage of every trading signal that a forex signal provider sends out, this additional information allows you to pick and choose the setups that look most promising.
Another important thing that you get with some premium Telegram forex signal groups is real-time notifications. These notifications are critical to your trading success. If you’re 30 minutes late to a signal, you’re more likely to chase the setup after it’s already played out and lose money in the process. Real-time notifications enable you to stay ahead of the market.
That said, some forex traders may find free forex signals helpful. They are still highly actionable and forex signal providers put the same effort into free forex signals Telegram groups as they do paid signals. If you only plan to trade occasionally, free forex signals can help you get off the ground.
Advantages of Joining the Best Forex Signal Telegram Group
If you’re looking for a professional forex signal service group, you’re much more likely to find it on Telegram than on competing messaging apps like Whatsapp or Facebook. While these messaging apps have the same basic functionality, Telegram has become the app of choice for forex traders for several reasons.
First, Telegram provides a fully cross-platform experience. You can get messages and notifications on your smartphone or your computer, which enables you to place trades whether you’re at your desk or on the go. This is a big deal for forex trading, since signals are issued at all hours of the day.
Another advantage to using Telegram for forex signals is that the platform has both groups and channels. These enable administrators to control who’s allowed to enter a group, how old messages and multimedia like annotated charts are organized, and who can post. So, it’s a lot easier for a forex trading service to moderate the discussion around its signals with Telegram than it is with other apps.
Finally, Telegram offers unlimited storage. That means that old messages containing past forex signals aren’t deleted after a certain amount of time. This is critical for forex signal providers and users, since there’s a detailed record of every trading signal going back years in time.
How to Choose the Best Forex Telegram Group for You
Picking the best forex signal Telegram group to help you trade is a big decision. Your group will play a huge role in determining your trading style, how frequently you trade, and even what you trade. Let’s take a closer look at some of the key aspects to consider when choosing the best forex Telegram group for you:
How much a forex Telegram group charges for membership shouldn’t be the main factor driving your choice of group – that should come down to things like quality and performance. However, price is certainly important.
Many forex groups charge between £25 and £100 per month, although you can certainly find more expensive services. When you’re vetting Telegram groups, look for platforms that offer a free Telegram channel or a one-month subscription option so that you can try out the service. Some platforms, including Learn2Trade, also offer a discounted trial of their premium memberships.
Associated Brokers and Copy Trading
While not all forex Telegram groups require you to use a specific forex broker, some do. It’s important to know this in advance, especially if you already have a brokerage account. Be sure to do your research into the partner broker to find out if it is regulated, whether it offers forex CFD trading, what degree of leverage you can trade with, and what trading platform it includes.
Even if a specific forex broker isn’t required to apply forex signals on your own, it may be required if you want to take advantage of copy trading. With copy trading, you can automatically trade on all of the signals that your forex Telegram group identifies. This type of trading is great if you have limited time to trade on your own, but keep in mind that you won’t learn much about trading if you’re not paying attention to the signals.
Some software solutions even let you copy signals from telegram to MT4.
Currency Pairs, Commodities, and Cryptocurrencies
Forex Telegram groups differ in what types of assets they issue signals for. Some groups focus only on a small handful of major and minor currency pairs. Others cover dozens of currency pairs as well as commodities like gold, silver, and oil. Cryptocurrency trading is also increasingly included with many of these services.
Having more assets to trade isn’t necessarily better. Commodities and cryptocurrencies may offer more trading signals, but these assets are also riskier to trade than most major or minor forex pairs.
Number of Signals
Some forex Telegram signal groups offer only 1-2 signals per day, while others offer as many as 10 per day. While most services focus on delivering only high-quality signals, it’s not uncommon for quality to slip slightly as the number of daily signals increases.
How many daily trading signals you need depends in part on how much time you plan to spend trading. Full-time forex traders may benefit from having more signals available, since this creates more opportunities for profit every day. Even if not every signal is perfect, full-time traders can analyse the setups on their own to decide which ones to act on.
Part-time traders, on the other hand, may prefer fewer signals that are higher in quality.
One of the most important things to look for when choosing the best forex Telegram group is how the signals have performed in the past. At the end of the day, a service is only as good as its signals – and past performance offers the best indication of whether the signals are consistently profitable.
Many Telegram groups track their performance with MyFXBook, a popular trade analysis service. Avoid being lured by claims of extremely high returns in one week or one month. What matters is whether a service has generated strong returns for its traders over a longer period of months to years.
Training and Support
Many forex traders join Telegram forex groups in order to improve their own trading, not just to get profitable signals. If education is important to you, make sure to check what resources a trading group includes.
For example, some forex signal groups issue annotated charts along with detailed explanations of the indicators underlying a trade. This type of information can help you develop your own forex trading strategies over time.
Also be sure to see what direct support your membership comes with. You should have the opportunity to ask questions about signals or about the service’s trading strategy in general. Many forex Telegram groups offer 24/5 or 24/7 support for traders.
How to Get Started with the Best Forex Signal Telegram Group
Ready to get started with the best forex Telegram group? We’ll show you how to start trading with Learn2Trade, which offers up to 10 signals per day and has an extremely strong performance record.
Step 1: Install Telegram
To get started, install Telegram on your devices. The platform is available for iOS devices through the Apple App Store and for Android devices through Google Play. You can also install Telegram on your desktop.
Step 2: Join the Learn2Trade Telegram Group
Next, head to the Learn2Trade website. Click ‘Join Our Telegram for Free Signals!’ to open the platform’s free Telegram channel. Here, you can access several free trading signals per day, as well as sneak previews of the signals available to Learn2Trade Premium subscribers.
Step 3: Sign Up for Learn2Trade Premium
If you want to see all of Learn2Trade’s signals, you’ll need a Premium subscription. From the Learn2Trade homepage, click ‘Get VIP Forex Signals.’ Then click ‘Go Premium.’
Learn2Trade offers several options for a Premium subscription. You can sign up for 1 month for £35 per month, 3 months for £65 per quarter, or 6 months for £95 per half-year. Click ‘Select’ to choose a plan, then complete the checkout process and pay for your subscription by credit card, debit card, or PayPal.
Once you’ve signed up for a Premium membership, you’ll be invited to the Learn2Trade Premium Telegram channel. Open the channel to see all current trading signals in real-time. Don’t forget to set up message notifications so you can be alerted to new trading signals as soon as they’re issued.
Step 4: Place a Trade at Your Chosen Broker
When Learn2Trade issues a forex signal, you’ll need to place the trade yourself using your forex broker. If you don’t already have a forex broker, we recommend eToro.
eToro offers more than 40 currency pairs to trade, as well as commodities like gold, silver, and oil. CFD trading with eToro is 100% commission-free and the broker has some of the lowest spreads in the UK. On top of that, eToro provides a comprehensive trading platform for technical analysis.
To place a trade with eToro, head to your account dashboard and search for the currency pair you want to trade. Click ‘Trade’ when it appears, then enter how much you want to purchase and how much leverage you want to use (up to 30:1 for major currency pairs). eToro also allows you to enter a stop-loss price and a take profit price, which are key elements of Learn2Trade’s forex signals.
When you’re ready, click ‘Open Position’ to complete your trade.
Best Forex Signal Telegram Group – Conclusion
Joining the best forex signal Telegram group in the UK is a fast way to become a more profitable forex trader. With forex signals, you can take advantage of the expertise of professional forex traders and be notified of new trading opportunities in real-time. Plus, by using Telegram, you can get alerts on your smartphone or desktop throughout the trading day.
Ready to start trading forex with professional trading signals? Click the link below to sign up for the Learn2Trade forex signal Telegram group today!
Learn2Trade: Best Forex Signal Telegram Group
- Offers free forex signals Telegram
- Up to 10 signals per day
- Detailed charts & explanations
- Moneyback guarantee
What are pips in forex trading?
A pip in forex trading is 1/100th of a percentage point, or 0.01%. Many forex signal providers use pips to measure the return that a trade has generated. So, a 100 pip return is equivalent to a 1% return.
Can I trade forex signals with leverage?
Most forex brokers enable you to trade with leverage. The maximum amount of leverage you can apply is determined by your broker and government regulations. Many forex signal Telegram groups do not offer advice on how much leverage you should apply to your trades.
Do I need to use the associated broker for a forex signal Telegram group?
You typically do not need to use the forex broker that is associated with a forex signal Telegram group. You are free to trade the signals using any broker. However, you may need to use the associated broker if you want to take advantage of copy trading.
Can I trade cryptocurrencies with forex signals?
Many forex signal Telegram groups in the UK now include signals for cryptocurrency trading. Most cryptocurrency trading signals focus on Bitcoin, Ethereum, and Litecoin since these are the most popular digital currencies.
How much does a forex signal Telegram group cost?
You can join a forex signal Telegram group for free. However, most groups required a paid membership to get access to all of the signals and trading data. Premium subscriptions range widely in cost, from £25 to £100 or more per month.