Are you interested in trading signals to earn money steadily? Then You need to read this

2020 has been undoubtedly the year of trading signals. With the increased volatility due to corona, markets have been on a roller coaster nonstop. No matter if beginner or advanced, the investors who have followed the right trading signals have earned fortunes. It is the dream come true – especially for many beginners – to earn money from home without any prior knowledge or skills.

But on the flip side, many people who placed their trust in new or dubious signal providers probably lost money. So before you jump right into the market you should consider the following questions:

  1. How do you know if a signal provider is trustworthy?
  2. Which signal provider is affordable for your budget?
  3. But most importantly, which signal provider has constantly profitable signals?

If you are short on time and need to skip this article but still want to test trading signals you can sign up at 101investing. This broker offers free and reliable trading signals from trading central. It’s suitable even for bloody beginners and advanced investors and traders alike. You can register here.

  1. How do you know if a signal provider is legit?

Legit services don’t rely on Facebook, WhatsApp or Telegram groups. They have standalone websites which are around for years and have a solid track record. New or rebranded providers are usually a no-go. When you are looking for a trustworthy partner, you should definitely stick to service providers like trading central who are in the business year after year. But trading central is only accessible for retail traders and investors via a brokerage.

  1. Which signal provider is affordable for your budget?

Some signal provider are quite expensive and charge a hefty monthly fee. Depending on the size of your account, paying $100 – $1000 or more a month is probably not worth it. On top, there is always the chance that you may even have a couple of fail-trades before your signals turn a profit. This is why we recommend trading central here as well because it is free for customers of 101investing.

  1. Which signal provider has constantly profitable signals?

To be completely fair, there are simply too many signal providers to test each one ourselves. This is why we gathered feedback from different sources, compiled a ton of reviews and checked only the top 3 contenders. What we learned so far is that a high price does not necessarily correlate with high performance. After analyzing the data our recommendation is the following. Try trading signals with a relatively small amount of money and if the signals prove to be reliable invest a bigger amount into the same premium signals. Trading Central for example offers premium signals only to traders and investors who have active accounts with certain brokers. Some of them charge money and some of them offer access for free. But since the signals are the same, it’s a better choice to choose a free offer than a paid one. 101Investing offers free access to trading central. You can register without any obligations here and give it a try.

Looking ahead, one thing is for certain. Signal providers are here to stay and will even take a bigger market share in 2021.