SignalStart is one of the longest-standing platforms for automated copy trading. It was developed by the team behind Myfxbook, a well-known analytics tool for forex and CFD traders. The platform allows traders to connect their live trading accounts from supported brokers and broadcast their trades in real time for others to follow.
SignalStart is a legitimate platform in terms of its structure, technology, and data integrity. It verifies that a signal account is connected to a real brokerage account, and it displays live trading results that cannot be manipulated once verified. Metrics like drawdown, profit percentage, trade frequency, and win rate are updated in real time.
However, SignalStart does not rate or assess signal providers based on quality or risk. Any trader, regardless of their strategy, can offer signals as long as the technical connection is working. That means high-risk strategies with unsustainable drawdowns can still appear at the top of the performance rankings. Subscribers are fully responsible for evaluating which signal is worth following.
From a pricing standpoint, SignalStart can be expensive or cheap—depending on the capital you manage. To follow signals, subscribers must first pay a platform fee of 25 USD per month (called Premium). On top of that, they must pay a separate fee for each trader they subscribe to. These trader fees are usually between 30 and 100 USD per month.
For small account holders, these fees can represent a significant percentage of the portfolio. For larger accounts, the cost becomes negligible—since fees are fixed and not tied to capital size.
In summary, SignalStart is a technically reliable and legitimate copy trading platform. The main risk lies not in the platform itself, but in blindly following high-risk signals. Anyone using SignalStart should carefully analyze drawdowns, trade frequency, broker verification, and consistency before subscribing to any provider.