Top 7 MT4 Forex Signal Providers

This article reveals our newly reviewed Top 7 Forex Trading Signals from MQL's Community Signal Providers. 

NB: Real time performance widget has been added for each signal.*(Last update 2nd December, 2015)

MQL is the developer of the renowned Metaquotes Software Product (MetaTrader 4 and 5). They have over 4,220 closely monitored trading signals available for subscription as at November, 2015. The community which has one of the largest users reaching up to 500,000 plus members creates a platform that allows Forex professionals & traders to share  & sell Forex resources, as well as signal services, which are automatically executed on subscriber's MT4 account.

What's interesting is that these signals are integrated into the MT4 Platform build 500 and above, which makes it very easy to subscribe for a signal service right from the trading platform. Some signals are FREE while others require payments in monthly, weekly, and other flexible plans.

NB: If the Signal Tab is not enabled in your platform or your broker does not support it then read this tip - How to subscribe to MQL Trading Signals For Platforms That Do Not Have Signal Tab.
DISCLAIMER NOTICE: Past performance figures does not guarantee future performance results. The providers of these signal services including MQL are solely responsible for any issues that might result out of unwarranted or uncertain circumstances. Subscription to any of these signals is at your personal choice.
Here are the Top 7 Signal Providers from over 4,220 Forex  Signals in MQL Community Signal Services.

BriefExisting
DELTA signal takes over as the No. 1 Top Signal on our chart with a profit factor of 3.90%
 The account which started with an initial deposit of $800.00 has grown more than $8k
Statistics *(as at publishing time)
All-time Growth - 1,698.39%
Monthly Growth - 11.29%
Annual Forecast - 137.00
Win Rate           - 86%
Max Drawdown   - 22.97%

Trades taken so far = 241 (185 Profit Trades & 185 Loss Trades: 29)

Active Subscribers: 300
Subscriber's Fund:  $824,000.00

 Price $20.00/mth

http://mql5.com/7n79


Since:
Nov-14

BriefExisting
Fundamental Only takes the second spot in our ranking, and 8th position amongst over 4,220 signal providers in MQL Community.
It's a full fledged fundamental trading system with a steady success rate since its inception. 

Started with an initial deposit of $11,600.00 and has made up to $49,601.13 profits as at publishing time.

Statistics *(as at publishing time)
All-time Growth - 2,113.08%
Monthly Growth - 11.41%
Annual Forecast - 138.46%
Win Rate           - 90%
Max Drawdown   - 25.61%
 
Trades taken so far = 437 (392 Profit Trades & 45 Loss Trades).

Active Subscribers: 29
Subscriber's Fund:  $36,000.00
  
 Price $33.00/mth
http://mql5.com/7n7d

Since: Sept-13


BriefExisting
The former No. 1 signal provider moved down to the 3rd spot after an exposure to market downturns which caused some drawdown. Candle Light still remains one of the best systems out there due to its adaptation to market dynamics.
Other major pairs has been included to the system in order to boost profitability. The sum of $34,274.25 has been made as profits from an initial deposit of $2,300.00

Statistics *(as at publishing time)
All-time Growth - 3,072.74%
Monthly Growth - 18.83%
Annual Forecast - 228.42%
Win Rate           - 99%
Max Drawdown  - 52.39% *(MQL monitoring team flagged this system for likely repeated occurrence of a large drawdown)
 
Trades taken so far = 409 (405 Profit Trades & 4 Loss Trades).

Active Subscribers:42
Subscriber's Fund:  $181,000.00

 Price $33.00/mth
http://mql5.com/7n7e

Since: Nov-14
BriefExisting
Magic Profit takes over Good Profit signal services at the 4th position. 
No particular detail was stated on the author's trading system. However statistics on MQL website shows an initial deposit of $1,000.00 has raked in over $12,331.95 as profits.

Statistics *(as at publishing time)
All-time Growth - 1,762.98%
Growth              - 12.69%
Annual Forecast - 154.00%
Win Rate           - 87%
Max Drawdown   - 16.20%
 
Trades taken so far = 1,952 (1,699 Profit Trades & 253 Loss Trades).

Active Subscribers: 49
Subscriber's Fund:  $133,000.00

 Price $33.00/mth
http://mql5.com/7n7u


Since: Dec-12

BriefExisting
Designed by Capital Brothers Ltd, CB06141 comes 5th in our ranking displacing SafetyFirst signal services.
Details on their trade logic was not stated on MQL's website. The account started with an initial deposit of $5,000 and has made over $10,108.75 in 77 weeks. 

Statistics *(as at publishing time)
All-time Growth - 394%
Monthly Growth - 1.49%
Annual Forecast - 18.05%
Win Rate           - 80%
Max Drawdown   - 12.18%
 
Trades taken so far = 1,969 (1,567 Profit Trades & 402 Loss Trades).

Active Subscribers: 57
Subscriber's Fund:  $77,000.00

    Price $20.00/mth


http://mql5.com/7n7q

Since: Jun-14

BriefExisting
This is one of the costliest system with a very good money management strategy. Blitzkrieg trading system utilizes D1 chart timeframe using daily, weekly and monthly Pivots.

The account started with an initial deposit of $2,062.50 and has made a profit of $16,099.41 

Statistics *(as at publishing time)
All-time Growth - 719.67%
Monthly Growth - 16.39%
Annual Forecast - 199.29%
Win Rate           - 89%
Max Drawdown   - 15.79%
 
Trades taken so far = 3,565 (2,458 Profit Trades & 1,107 Loss Trades).

Active Subscribers: 10
Subscriber's Fund:  $90,000.00

   Price $20.00/mth
http://mql5.com/7n88
Since: Jan-15


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7. Nighthawk ECN exArmada USDCHF
BriefExisting
At the bottom of our chart is Nighthawk ECN exArmada USDCHF signal services

The signal utilizes an EA called Adaptive Scalper EA. The system also recommends an ECN broker with tight spreads in order to prevent slippage.

The account has grown from a deposit of $300.00 to $1,416.93 profits made so far.

Statistics *(as at publishing time)
All-time Growth - 1,151.91%
Monthly Growth - 7.70%
Annual Forecast - 93.37%
Win Rate           - 87%
Max Drawdown   - 30.51%
 
Trades taken so far = 318 (276 Profit Trades & 42 Loss Trades).

Active Subscribers:13
Subscriber's Fund:  $15,000.00
   Price $20.00/mth
http://mql5.com/7n7r



Since: Jan-15

Zero Spread Account

These are our Top 7 MT4 Signal Services Providers from MQL Community. Statistics of their performance are updated regularly so the ranking may change at any time. 

If your broker disabled the signal tab in your platform, then use this fix: How to subscribe to MQL Trading Signals For Platforms That Do Not Have Signal Tab.

Signal services runs 24/7 so we advise the use of a reliable VPS Provider in order not to miss any trade signal (See: Top 5 VPS Providers).

Interested traders who wishes to subscribe to any of these signal providers are advised to test first on a demo account  before risking real money.

For further help and guide on which provider is best for you, contact us for a one-on-one guide.




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