Forex Signals Online Faq
Forex Signals FAQ
As a forex signals provider we would like to remind you that as a subscriber, you will still be fully responsible for your trades even if when receiving fx signals as they are just informational signals that are designed to help you decide on trades made at your own risk.
Please find below answer to our most frequently asked questions on our forex signals online:
How many FX signals per week can I expect? up to 15 a week sometimes more.
How many FX signals per week can I expect?
ANSWER – Generally, you will receive the hypothetical trades Daily SMS & Email Signals for EURUSD, USDCHF, GBPUSD, USDJPY & XAUUSD. From 1 -10 trades a week sometimes more depending on our analysis. FIRST SIGNAL OF THE DAY ARRIVES VIA SMS, THEN AFTER ALL OTHER NEW SIGNALS AND UPDATES ARE SENT VIA EMAIL. ONLY YEARLY SUBSCRIBERS RECEIVE SMS ALERTS FOR ALL.
How long does a trade last?
ANSWER – Most trades last from 1 -4 hours . However, most trades are open for only a few hours. After a trade closes we watch the charts for the next entry signal to send you. We always place a 30 pips Stop Loss Level, Some also place a 30 pips Trailing Stop Loss Level.
Do you only send us two trades?
ANSWER – We send up to 5 forex signals Daily SMS & Email Signals for EURUSD & USDCHF, GBPUSD, USDJPY & XAUUSD sent between 08:11AM – 21:30PM GMT UNITED KINGDOM Time Zone.
Am I locked into a contract term?
ANSWER – Absolutely not, it’s a recurring payment subscription system. You can cancel at any time by giving us 30 days notice. However, you MUST cancel your recurring payment as they are automated and will continue until you cancel it using the method that you made your payment in and inform us of your cancellation. If you cancel your subscription during the month, you will no longer receive signals for that month, so we advise that it is best to cancel near the end of your recurring month (after you have given us 30 days notice of cancellation via email). We rarely receive cancellations and our policy is that we do not give refunds. Forex Signals | Fx Signals |
Do you offer a free trial and why do you not use third party results like myfxbook?
ANSWER – We do not offer Free Trials as our previous free trial system was abused by prospects re-registering with another email. We are an Informational purposes forex signal provider. We do not use third party results display as our signals use TP1, TP2, TP3 levels etc which no third party firm like myfxbook can handle.
What should I expect from your service?
ANSWER – You should simply expect to use our informational Forex signals without the need to endlessly sit in front of your computer waiting for a signal. Please consult a financial advisor before subscribing as you are fully responsible for your trades.
Who is ToolsTrades Group and what you should be aware of?
ANSWER – ToolsTrades Group are self employed individuals that have worked in the Forex Industry for many years and have put together the educational hypothetical signals, analysis and news alert website ToolsTrades.com. The ToolsTrades website services are for educational purposes only. This site was built to help traders learn and place trades on demo account to learn before they decided to go on and trade live.
What broker do I need to have an account with?
You will need a Demo Forex Broker Account with a broker of your choice. If you do not already have an account, we highly recommend our affiliate brokers from our Cashbackforex link.
Are there any restrictions in using ToolsTrades Forex Hypothetical Signals?
Are there any restrictions in using ToolsTrades Forex Hypothetical Signals?
ANSWER – No. You may use any broker you wish however we recommend our Brokers Cash Back Forex from our links on the right hand side.
Does ToolsTrades Forex Signals experience DrawDowns?
ANSWER – Absolutely. Draw downs are part of any profitable hypothetical trading strategy. A trader must be comfortable with periodic draw down to trade within the Forex market. That is why risk management is crucial. One must not over leverage in order to survive inevitable draw downs even when educating themselves with hypothetical signals. That’s why our services are strictly educational.
What pairs does ToolsTrades trade?
ANSWER – Up to 5 Daily SMS & Email Signals for EURUSD & USDCHF, GBPUSD, USDJPY & XAUUSD sent daily via the subscription method via sms & email or Email only!
Is ToolsTrades Forex Signals completely automated?
ANSWER – Our forex signals are manually researched and manually entered and sent to you by SMS and email daily. You are fully responsible for your own trades as our signals are for demo accounts, if you are trading our educational hypothetical signals on a live account please be aware you are fully responsible for your trades.
We do not use Trade Copier or any automated Software that allows you to put our trades on your platform automatically, as this will then result and fall under ‘Managed Accounts’ (especially if this was set to a live account ). Managed Accounts fall under all Financial Regulations of every country and this would be a completely different type of service which we do not offer.
How do I cancel my Forex Signals Online service?
ANSWER – Log in to your PayPal/Card payment processor account and cancel your membership once you have emailed us 30 days prior with email cancellation. If you have any issues, contact us on [email protected] We respond to all emails within 24 hours, with most emails being answered within hours or sooner, Monday-Sunday.
Please also remember that even if you ask or notify us to cancel your recurring payments you must do this yourself from the payment provider.
How Fx Signals Work?
ANSWER – Fx Signals are made up of technical and fundamental analysis of the Forex Market, once fx signals are analysed and prepared they are sent to subscribers via SMS and Email worldwide.
Why you should use ToolsTrades Forex Signals Service?
Fx Signals help with making a decision to trade on Live or Demo Accounts. Most successful traders subscribe to several fx signal providers to get more accurate fx signals. Thousands if not millions of traders worldwide use fx signals.
What are forex currency pairs Signals
ANSWER – Many fx signal providers have different methods of analysis and instrument pairs they analyse and send out. ToolsTrades sends outs fx signals for the following pairs Daily SMS & Email Signals for EURUSD & USDCHF, GBPUSD, USDJPY & XAUUSD.
What methods are used to send forex signals?
ANSWER – Fx Signals are sent out via SMS and Email. ToolsTrades offers both methods for convenience of the subscriber. However many use smart phones so can receive an email instantly to their cell phones.
How successful are fx signals?
ANSWER – ToolsTrades shows its forex results on the results page for all to see we promote educational forex signals for demo accounts only.
Which Forex signal provider should you use?
ANSWER – Forex Traders can use a number of forex alerts services. Make sure the fx signals services you use are professional and honest about the risk when trading. ToolsTrades FAQ clearly states to clients our signals are for informational purposes only even though our results are very good.
What is Trade Copier?
New to Trading Fx? Learn to trade with Fx Signals
ANSWER – Using fx signals on a demo account will help you to recognise trends and help you to learn to trade on the forex market without any risk or loss. This method will help you to indicate when to enter a trade and exit so that you are in profit. These are called worldwide fx hypothetical or demo Fx trading signals. These signals are also real time which means that they can be placed on a live account however this is at your own risk. Fx Premiere sends hypothetical Fx Trading Signals Daily via SMS and Email. And wishes to remind you that you are responsible for your own trades. For any other questions kindly contact us.
ToolsTrades Group Forex signals and Forex News Alerts
WE ALWAYS PUT STOP LOSSES IN PLACE AS A MEASURE, HOWEVER MANY TIMES A HYPOTHETICAL (DEMO) SIGNAL MAY HIT A STOP LOSS BEFORE IT REACHES OUR TAKE PROFIT, SO PLEASE TAKE THAT INTO CONSIDERATION WHEN PLACING OUR TRADES ON A DEMO ACCOUNT AS THEY ARE FOR EDUCATIONAL PURPOSES ONLY. IF YOU ARE PLACING OUR HYPOTHETICAL (DEMO) SIGNALS ON A LIVE ACCOUNT PLEASE BE AWARE THAT YOU ARE FULLY RESPONSIBLE AS A SUBSCRIBER, AS WE ARE NOT FINANCIAL ADVISORS.