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Signal Start Review

signal.start.logoSignal start is a new service connected with Myfxbook. This service is being advertised as a professional one-stop shop signal service for both followers and signal providers. The service fee is $25 per month to gain access to a network full of signal providers, subscriptions to the providers are additional.

Today I’ll be providing a review and taking a closer look at the service and seeing if it’s the type of product the Forex robot nation readers should be interested in.

Signal Start Review

The signal start service is quite straightforward. For traders that want to get signals they would sign up and then look through a collection of different signal providers with verified results and subscribe. Each signal provider has a monthly price ranging on average from around $50-$75 per month. Even if you don’t subscribe to any signal providers you will still have to pay $25 per month to signal start in order to access this list of subscribers. From what I can see the services taking advantage of the my FX book API and I’ve received emails from my FX book that want me to become a signal provider myself.


For signal providers the signal start product provides them with an avenue to find new clients. The signal providers that are part of this network have to provide 30% of their profits back to the company. Now going to go through some of the features discussed on the website. The service provides a fully hosted account service, a platform which is accessible from any device, account analysis, a robust copying technology, a powerful user interface and multi-broker compatibility.

Signal Start Conclusion

At this point in time I don’t have a final conclusion for my signal start review. I will say that there is potential here to find a quality signal service that you wouldn’t find anywhere else. That’s because this product hosts real traders and not Internet marketers. Normally the best systems in the Forex market are produced by real traders and that’s why the highly marketed systems often fall off a cliff quickly. If you have something you would like to add to this review please leave your questions and remarks below the article now. Thanks to Forex Robot Nation


  1. My experience with them has been extremely good. I have found a couple of signal services on here that I like. I started with a low account size and one conservative signal, then when that signal had earned its own monthly fee, (about two weeks at my trading level), I added a second. In 3 weeks, my account has grown over 100 percent, and I have earned more than enough to withdraw the 2nd month’s signal fees. I am very happy with my decision to try this, especially after being taken on many scams and systems that do not work.

    My advice is to (a) never invest more than you are willing to lose, (b) start with a small conservative deposit into a dedicated account, (c) start with one signal, and expand to another when that one is in profit, and finally, (d) choose signals with low historical drawdowns.

  2. Their fees are so high, it’s hard not to call them a rip off. Given the increased risk of trading with signal providers, I would avoid them.

  3. Three times I lost lost lots of money following a signal which had shown steady and save (drawdown less than 3 % for 8 months, 100% wins!!!) signal. Within two days after putting tens of thousands of euro’s (of course I have my own responsibility as well) the drawdown of this signal went to 50%!!, losing eventually 25% of the invested amount. This happened three times in two weeks with comparable signals. Very, very, strange…. And again, you have your own responsibilities as well, but my trust in this service has been lost completely and forever. Please watch out all fortune seekers…!

    • Thanks for the update Mark. I wish you success in the future.

    • The main flaw is that you cannot insert your own stop loss at the signal start website, let’s say at 1 or two percent from the entry point. Copying the entry is one thing, copying the signal provider’s stop loss is quite another. As it is now, you would have to monitor your account 24 hours a day, since then you would be able to see an entry of a signal provider. Then you could put your own stop loss in your own account at your broker. So you would have to untick çopy ‘stop loss and take profit’ orders from the signal provider.

  4. I’ve been using them for quite a while as a signal receiver. There are few problmens with them in my opinion.

    1) Customers support (slow, no telephone number)

    2) Fees. God, if you want a decent basket you have to spend up to 6.000$ per year in subscriptions fees. And this makes the investment not suitable for most of the customers (unless you have 50/100 K to invest.

    3) Margins (This is a big problem) Many of the good systems (good risk-profit Ratio) are trading on account 10-40K and some of them use 1:500 leverage. SO, unless you have an account with 50K Minimum you will be unable to follow them properly, or at all.

    Saying that, anyway they are probably one of the best signal provider platform, compared to most of the scam around…

  5. Same here. Left message on their website and emailed them also. No reply. Disappointed!

    P.S. I tried to register this forexrobotnation with my facebook but could not connect.

    • Very disappointed in this service. Im a signal provider have clients on board that i provide a valued service for. Account size over 110k, when it comes time to wthdraw they allow only 1 per calendar month in total. SIgnal Start deducts 30% as fees from each client they charge the provider $25 once off start up, take $25 off each client who wants signals plus whatever the provider charges. So Signal Start has nothing to lose as a provider there is no incentive to trade high accounts to be allowed only 1 withdraw total per calendar month. This is a BS system and does not provide us with an incentive to trade on this platform. If they can take money from subscribers and providers upfront then pay us when the calendar month is finished for each client . They need to be Fair and furthermore they do not reply when u send them an email

  6. i have the feeling the systems have bugs. signed my first signal with a risk(volume) less then 100% and for some reason my risk was set at 120% which caused me losing lots of money.
    Though it was impossible to proof for me that i did not set by mistake at 120%, so i keep continue this service. But then i paused the service for 1 month in settings i could change this, but now they keep on billing me for the inactive month. And cannot continue without paying the bills. The settings seems for the second time not to do what i exptected.

  7. Hi. So far I have had about 3-4 email exchange with them, they always responded within a day. Anyway I don’t think a delay in response is a good enough reason to cancel a service. I’d love to hear more about them from people who have tried.

  8. I signed up on Friday morning and immediately had a question for Customer Servcies – it took until Sunday late pm for them to reply. This is unacceptable for live FX trading. I have requested my money back and will wait for the service to gain users and tightenup support services – a phone number would be good manned 24/7!

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