In this post I will be reviewing the Dux Forex Signals. The providers of these forex signals do indeed make some very bold claims such as: “an established forex signals service provider with over 50 of the best forex analyst/traders in the world today. Some of the traders on our team are former trading champions of Etoro and more. The forex signals you will receive are signals that have been carefully analysed by the best of the best.” Well, I would personally take these claims with a huge pinch of salt in my humble opinion.
The Dux Forex Signals are 100% web based and are provided as entries, stop loss and 3 take profit points. You receive constant updates in real time and can use the signals on any broker and trading platform that you wish.
You may also choose to take signals on all currency pairs or only those that you prefer. You may even add extra additional technical and/or fundamental analysis should you wish.
In order to use these forex signals, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
I would personally only take signals on the major currency pairs such as the EURUSD & GBPUSD due to the high liquidity and lower spreads. Also, I would make sure that I am using an ECN forex broker for the best possible trading conditions.
When you purchase you are provided with login detail to access the members are and receive the Dux Forex Signals. It is very easy to use and there is even a mobile phone app to receive the signals as well as receiving them via email, alerts and notifications.
The examples of trades shown on the Dux Forex Signals website do not give much away but suggest that they are using support and resistance for price action analysis without cluttering the charts with a ton of indicators. We know how powerful support and resistance levels can be. I would personally look for another signals service or test these forex signals on a demo account. There is a money back guarantee if you want to trial the Dux Forex Signals.