5 Minute Forex Trading Signals Compared To Best Forex Trade Signals Service

I want to do a comparison review of the Forex signals providers 5 Minute Trading Forex Signals and Best Forex Trade Signals. I usually do not do comparisons of Forex signals providers like 5 Minute Trading that make you place the trades manually to Best Forex Trade Signals that uses broker to broker trade copying. However, since the trade signals are delivered at the same time every day, are set-and-forget and can be placed in only 5 minutes, I decided to make an exception.

5 Minute Trading delivers Forex signals for EURUSD and EURJPY at 03:00 EST and USDJPY and USDCAD at 00:00 EST. At the designated time, you log into the site and get the signals. The signals come out at the same time every day. You place the trades using the entry, stop loss and take profit levels given.

This is an excellent example of a set-and-forget Forex signals provider. Once you set the trades, you are done until the next day at the same time. You can even close your trading platform as it does not need to be connected to the Internet any more.

The fact you have to place the trades manually with 5 Minute Trading is the most obvious difference to Best Forex Trade Signals. Best Forex Trade Signals uses broker to broker trade copying to deliver and manage the signals. But since the signals can be placed in under 5 minutes does not make this difference extremely important.

With Best Forex Trade Signals you get both the trade signals and the advanced money management. This means you can copy both the pip gains as well as get the same percentage gains. Subscribers of the signals service copy the lot size according to the size of their account which means they get the same percentage gains and losses.

In comparison, 5 Minute Trading does not help you with the money management aspect of trading. They give you the entry, stop loss and take profit levels. But they do not give you any indication as to what lot size to use.

Coming up with money management rules is not hard if you are an experienced trader. But if you are a novice trader and do not have a good money management strategy, this can be very important. You could be leaving profits on the table by using too low a lot size, or risking too much.

In the end, Best Forex Trade Signals is a better option because you get both the signals and the professional money management. Once you account is set up to receive the signals, there is nothing more to do so it is very easy. Plus being able to copy the advanced money management keeps you from making costly money management mistakes. To see a complete review go here: 5 Minute Trading Forex Signals

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