Signalfactory.com – live profitable FX signals?

Recently I took a look at a new signal service website – with a refreshing twist: no failing accounts are allowed.

Signal Factory provides a Bridge Bridge The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat The bridge or liquidity bridge is an essential component for brokers that are enabling their clients to trade at interbank rates directly via a Prime Broker or a Prime-of-Prime (PoP). While market makers do not require a bridge in order to service its clients, brokers which are sending through orders to a liquidity provider or an electronic execution venue need a bridge to connect their trading platform to the interbank market.Bridges are used extensively in forex trading, specifically for Metat Read this Term between Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term signal providers and Forex traders that are looking for real time advice. Trade signals are delivered from the providers' accounts directly to your e-mail. Their Signal providers trade live accounts with their own money, therefore they are more obligated for best performance and low risk trading.

The company claims that their policy is to work exclusively with the best signal providers in the market who trade their own live accounts. Unlike other available signal services, they are strongly against any signal providers who trade via demo accounts (often with modified open source EA’s available all over the Internet). In fact, Signal Factory does not welcome providers who wish to provide signals from demo accounts, at all.

So, there are two key elements here:

1. They offer only live accounts.

2. They offer only profitable providers who do not get under their initial deposit.

So yes, whilst other sites such as Tradency and Zulutrade offer similar functionality, this does have stricter requirements.

I personally think this is a very good attitude for any such site. Of course, there are many more parameters that are important, that aren’t included here, which would make the site even more powerful, such as, banning accounts (no matter how profitable), which support martingale type money management, or those accounts which have no Stop Loss, etc…

There is however, a cost attached. $28/month ($1/day). It’s not going to cost the earth, but I really think that if they want to start charging, then having just live profitable accounts is not enough – it’s the manner in which any given account is profitable.

Fortunately they do offer a 14 day trial, which although is nowhere near long enough, it does give a taster.

The good news is that they have informed me that since the service is still in a beta stage, they actually have many plans to extend its functionality. Lets hope they take some of my advice mentioned on board.