How do I receive signals ?
You don't have to select traders, just select currency pair. For each selected currency pair you receive one email a day with BUY/SELL signals from ALL expert traders (between 50-200 traders depending on currency pair). It may look like that:
Note that we do not specify entry RATE, we specify entry TIME. In other words, ALL signals are to “buy” or “sell” at CET 14:15 market rate and they apply to one day investment horizon - until next day 14:15. Check out below how profit/loss is calculated.
Now you have to decide which trader to follow or whether to apply a signal at all. You can use SpotlightFocus®
How do I know which trader to follow ?
You can use SpotlightFocus® - an exceptional tool to compare traders for any time period. All traders are ranked by their performance. You can analyse past results, trends and traders' consistency quickly and easily. You can follow the leader or combination of the most successful ones. It’s totally up to you what strategy you adopt. We just believe you make better decisions by knowing what leaders do.
What is SpotlightFocus® ?
SpotlightFocus® is an internal tool developed to rank all traders. The results are presented in the form of interactive charts. You can use it to compare traders in many ways. Analyse past results, trends and traders' consistency quickly and easily. You can check this week/month/year top traders and pick the best one to follow.
How is profit/loss calculated ?
To measure profit/loss in a transparent and objective way we use central bank fixings which are public, easily accessible and are a reflection of market rates at a given point in time. You can actually trade at or close to that levels on your forex account.
That is why our signals entry and closing time are the same as fixing time. The difference between two consecutive fixings is, therefore, the trader’s profit or loss depending on his original recommendation to buy or sell. If he is correct he earns the difference, if not, he loses it.
On 10/04 just before 14:15 A-Khmer provides “BUY” and Angel52x “SELL” signal. At 14:15 CET (fixing time) reference rate is fixed by ECB at 1.2361. The next day fixing is settled at 1.2384. +23 pips difference is, therefore, a profit for A-Khmer and a loss for Angel52x as of 11/04
On 11/04 just before 14:15 A-Khmer provides “BUY” and Angel52x “SELL” signal. At 14:15 CET reference rate is fixed by ECB at 1.2384. The next day fixing is settled at 1.2323. -61 pips difference is, therefore, a loss for A-Khmer and profit for Angel52x as of 12/04
Notice how the whole process continues. The same reference rate (1.2384 in above example) is a closing price for one day and an opening price for the next day. You can check and verify fixing exchange rates on ECB (forex) official websites.
Can I verify whether profit is calculated properly ?
Yes ! Profit/loss is the difference between two consecutive ECB fixings. If trader’s recommendation to buy/sell is correct he earns the difference, if not, he loses the difference. You always know what was the original recommendation as you get it on your email. Then you can check and verify subsequent fixing rates on ECB official website to calculate profit/loss on your own.
Why are you using central bank reference rates (fixings) ?
They are a reflection of real market exchange rates at given point in time (point-in-time snapshot) so you can actually trade at or close to that levels on your forex account.
They are public and easily accessible on central banks websites so the whole process of performance calculation is clear and reliable and you can track it on your own as well.
How can I become a signal provider ?
Please go to contact and apply. Also please provide your trading history. We will review your application and in case it's positive you will get further information regarding terms & conditions and our remuneration system.
What is the difference between free trial and paid version ?
Both free trial and paid version allow you to use all resources on our website. You have access to SpotlighFocus® for all currency pairs so you can easily compare all traders registered in our service. However, in the free trial, you receive signals just for EUR/USD. What is more, in the free trial, you can see signals from only one trader. In order to receive signals from ALL traders and for other currency pairs, we encourage you to subscribe. Its just a single payment to get ALL traders !