Finding a reputable and reliable forex trading signal provider is crucial to a smooth-flowing trading. In the forex market, timing is of paramount importance in making quick trading decisions.

But before you choose a trading signal provider, here are five criteria to keep in mind to select the best signal provider. You can use this criteria when streamlining your choices of forex signal providers, whether it is a forex robot that you want or an auto-trading program.

Track Record
Online, you will see a lot of advertisements for forex signal providers. A scammer can easily lure traders with edgy advertisements with a promise of high yields, and it's sometimes difficult to discern which provider is legitimate and which is pure scam. To aid traders in their search for quality and reputable providers, Zulu Ranking System compiles a list/database of the best signal providers and ranks them according to their average pips. The system also contains a brief information on the company. It's a good way to start of your search for a signal provider, as the ranking is updated monthly.

Speed
To repeat: timing is everything. With that in mind, a trader would want a signal provider that transmit signal speedily. A faster signal will definitely be a boost to your trading as this means you can place your trade faster as well, making you well ahead of the competition.

Trial Availability
You might have compile a lot of background information on the forex signal provider, but it's no match for an actual experience with the provider. Would-be subscribers can ask for a trial first before signing up to the service fully. You may also insist on a lower priced option while you are in the process of evaluating the signal provider.

The trial option will give you a hands-on experience on the effectiveness of the signals provided by the service. It will also let you know how the auto trade program or the whatever medium the signal provider transmits signal to you will help you boost your trading strategies.

Convenience
If you avail of the trial offer by the signal provider, you can find out if their method of providing trading signals is convenient for you. Some signal providers often send daily trading signals customized to the needs of their subscribers. These providers features different kinds of trading signals for professionals and beginners. You can ask your prospective signal provider if they have this feature.

Some providers is competitive enough to cater to those who trade using their mobile devices and transmits signal in a method compatible to mobile trading. A couple of providers allows subscribers to send buy or sell signal opportunities right to your smartphones. Some also give their subscribers auto-trading softwares or incorporate trading signals in their specialized forex software. You can also check out a number of automated forex trading signals if you are comfortable with trading using a forex robot.

It's up to you to discover as much as possible about the forex signal provider you will be using so you can maximize its service.

Research
Researching is a familiar territory to experienced forex brokers. They know that loading up on information helps their trade, and it's made easier with a forex signal provider. But how about researching the forex trading signal provider you will be using? Hoard as much information as you can about the provider. This way you will know the different price range and the competitiveness of the provider.

The quality and grade of the forex signals is crucial so you have to weigh it in while you deliberate on which provider you will be using. It's not wise to pinch a few dollars and sacrifice the quality of the signals. Now, be prepared to take a piece of the foreign exchange market with the aid of reputable and reliable signal providers.