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Best Binary Options Signals 2020
Binary trading signals are indicators that signify whether to make an investment or not. If you have read my previous articles, you may remember that I have mentioned signals before. For example, binary option robot and the automated trading software are using signals produced by the best professionals in order to obtain maximum possible profits. The remarkable thing of these binary option robots is that the signals they produce are completely free. In addition, there are several paid services provided by professional investors. Furthermore, I will elucidate how these signals can actually help you earn more money when trading with the binary option brokers like one of our favorite IQ Option, and how professional investors use them in their own investments in order to achieve maximum returns.
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TABLE OF CONTENT
How to Make Money with Binary Option Robot
Top Binary Option Robots in Russia
Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
What Are Binary Trading Signals Exactly?
Signals are much used tool in swing trading
Signals were originally developed only for foreign exchange trading. Since currency trading always takes place in pairs, it was extremely easy to form a clear system whose aim was to interpret the possible changes in the future value of these currency pairs. In 2009, as binary options became widespread, traders realized that they could develop similar signal systems as the ones which were being used in currency trading.
In practice, binary options trading is extremely similar to currency trading. As a matter of fact, trading currencies is the most popular type of binary options brokers trading. But the use of signals in binary options is not merely restricted to currencies; their uses can be expanded to multiple areas – for example, equity trading, commodity trading and indices. Conclusively, we can say that the signals fit much better into binary options than they did in Forex-trading.Best Binary Options Brokers 2020:
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1.Free signals that investors share as examples on discussion forums. The signals shared by investors on discussion forums must be treated with great caution. Anyone can write and advertise them without any evidence of profitable trading. Sometimes the advice received from such places can hit the right guess, but it does not necessarily mean that they would be good always. It can be
attributed to luck as well. If the advice is wrong, the advisor can easily abandon writing under that particular pseudonym and make use of a new screen name and try again until a right guess has been hit.
2.Paid signal service providers who share the signals under their own name for money or other remuneration.
The signals thus shared can be based on the providers’ own experiences about trading, or the signal provider can use their own device to interpret the signals. Usually such service providers want to keep the technique by which they
have reached the final conclusions as a secret. Some of those services can cost quite a lot. I recommend avoiding the use of any services with a large start-up fee or those who charges even before sharing the first set of signals with the customer. There is high probability that the provider wants to make as much money as he can by charging the customers at the beginning due to large chunk of customers terminating the service very quickly for quite a number of reasons. The contributing factors for the reason being that the signals were bad or at least not worth the money.
3.Paid signal services from multiple signal providers or from well-known investment firms.
These service providers often have years of experience and cater to hundreds if not thousands of satisfied customers. They may levy exorbitant prices for their services but they usually have an extremely good rationale to justify the prices.
However, such services are not designed for novice investors because of the high price or the complexity of signals. They are mainly intended for professional investors whose investment amount to moving in tens of thousands on a daily basis. If you level-up to trading in such large numbers, the use of such services is definitely advisable.
4.Signals provided by trading software.
The fourth alternative is a signal software similar to the real robot. It highly resembles stock trading software which are used by investment banks except for the fact that binary trading software is in many ways, a much better option for a novice investor. For example, it is easy to use and it is fully automatic. Additionally,
I would not recommend paying any charges for such kind of software especially when the market’s best trading software robots are completely available for free. Developers of binary robots intend to make their software to be well known and garner high usage.
Some signal charts are way too difficult to interpret, even for experienced investors. That is way I recommend using signal software.
Most Important Features When Choosing a Signal Service
When you make your choice, it is extremely important that the signal service you choose contains a few important features. This is particularly essential if you use the automatic application together with the signals.
To highlight the principle features which an investor must consider when choosing a signal software:
The investor must be able to set limit the extent of his daily loss. When you buy an automated trading software, you should be able to trust that it really takes care of everything automatically without needing your constant supervision. The option of stop-loss limits exists to grant you peace of mind – you need not have to constantly think about how much you are winning or worry about the losses.
As there are no upper limits in profits, in practice, this equates to huge gains and minimal loss. Also, a software does not weigh the losses in the same way human investors sometimes do. Its strength lies in the fact that it functions based on pure mathematical facts.
History and data from past results reveal that signals have actually been profitable. If the application can truly generate money for the investors, there is no reason to keep the past results secret.
It is essential that you have a platform to discuss and are able to ask questions about the signals from the producers in case of any problematic situations. The easier it is for you to be able to contact the service provider, the higher is the credibility of the service. Interaction between customers and the provider is extremely important as this indicates that the service provider is serious about developing better and a more efficient service. Also, this will help you hone your skills and make you a better investor with time.
If a particular signal provider believes that the service they provide is good enough to be ready to provide it for free, it is highly likely that the signal service is at least in some way, useful. Currently with the binary option robots, the situation is extremely similar to what Linux operating system faced at one point when they were entering the market. Like Linux developers, signals robot developers have decided to offer the software for free to customers so that it would be of help to develop it further based on the inputs.
It is important that you are able to utilize signals on a trusted and reliable broker site where you can get your winnings easily and effortlessly. Therefore, I recommend investing only with most trusted broker sites such as IQ Option, Banc de Binary, GOptions, and CherryTrade All the brokers presented and reviewed here have years of experience and thousands of satisfied customers, and are therefore 100% reliable.
Good results from the past are a great indicator of that the signals are indeed profitable
Are Binary Trading Signals Scam?
Binary trading signals are definitely not a scam. However, that does not mean that you should trust every signal provider. Every place where money is involved, there is a possibility of presence of fraudsters and dishonest operators. Majority of operators are honest and possess good intent, but that does not mean that advise they render is worth paying. As long as you invest in only the sites recommended by us and follow the steps in this article, your money is safe and secure.
Read below our signal reviews, pick one of these trusted providers and start your success stint at trading profitably!
Best Signal Providers Reviewed
The current world requires binary options traders that seek opportunities to streamline their lives. Your trading schedule may be so tight that you cannot find ambient time to analyze the binary options market before placing a trade. This is where binary options signals come in handy. These signals are trade alerts for the commodity, currency, or stock markets. It is your onus to find an incredible signal provider to help facilitate your trading experience without unnecessary complications. We have made the entire process easier for you analyzing the working of top binary options signals providers in the industry. Please read our unbiased reviews to help you find the right provider befitting your criteria.
The key to reaping any significant returns when trading in binary options lies in finding a great broker. However, what many people don’t realize is that finding a good and accurate signal service provider is of equal paramount importance. Most of the times, these signal providers are independent i.e. they are not in any way generated or controlled by any brokers but in some cases the brokers themselves generate their own signals. A good example is Option Robot.
Before discussing the nitty-gritties of the signals provided by the Option Robot and their accuracy, it is important to understand what binary options signals are in the first place. A binary options signal is typically an alert sent via email, audio or text advising the trader about the best and most profitable options to trade on. Signals are generated based on meticulous analysis of an asset’s price movement charts and the related trends in order to arrive at a projected movement which is then transmitted to the trader in real time. There are long term signals that stay valid for up to a week and short-term signals which can last for 50 minutes – it all depends on how you prefer them. We shall focus on the latter option of short-term signals.
Predominantly, most brokers and independent providers will offer you trading signals usually for a small monthly fee. When you receive and decide to use them in trading, you will be required to manually execute the trade as specified. However, there are signal providers who generate signals and instead of you receiving and applying them personally, the system can be set up to execute the trade automatically on your behalf. These are what we refer to as automated trading software or robots. Option Robot is the latest entrant and has attracted quite a following – an indication that they must be doing it right. Or are they?
Knowing how an auto trading system or any other signal provider arrives attheir signals is crucial to ascertain if the provider is reliable or if they are just another scam. Option Robot have a genius and innovative way of generating signals based on one or several of their indicators as selected by the trader. These indicators are:
Basically, a signal is generated by the indicators analyzing price movement charts and other trends of the asset. Based on the analysis, it then makes either a CALL or PUT trade for you through your broker which you select from their several options – all highly qualified and regulated as per the best financial standards. In case two indicators were selected, a signal can be generated and used to trade only when both produce either a Put or Call option. This simply means that for the robot to execute a Call or Put trade, the two indicators will both have to both produce either Call or Put signals – this ensures that the system only executes the trades it is 100% certain about. Such a working system greatly minimizesthe chances of a losing trade, the last thing you wouldwant.
Due to the complex process involved in generating the signals, they are of very high quality and accuracy. Option Robot signals have a certified win rate of 83% and above – one of the highest in the industry. What’s more, being a robot, it is able to produce signals faster and more efficiently than any human can and we all know binary options is all about speed and efficiency
Option Robot is a great trading system with amazing signals. However, that alone does not encompass all there is to it. There other few factors that makes Option Robot a system to watch out for as follows:
- It offers some of the best and most reputable brokers to choose from. The brokers, including GOptions and Banc de Binary are the most popular in the world of Binary options due to their transparency and the fact that they are all regulated. The fact that Option Robot is affiliated with these brokers makes it all the more legit.
- With the settings option, you are able to have control over the robot and the trading process. As such, you can decide which indicators can be used to determine the signals, how much to trade in and the trading system you would like to follow. The Option Robot software then follows these commands when executing trades. It is rare to find other systems which fully control the process for you such as this one where your only contribution is to deposit money through your broker.
- With the robot, you get to choose up to 8 trades at the same time. This helps you scatter the risks and multiply profits which judging by the high winning rates is highly possible.
- The minimum investment you can trade in through Option Robot is as low as $5. If you are a new trader and are not yet sure to trust Option Robot or not, this is a great way to find out. The maximum you can lose is only $5 with high chances of getting double or even triple that. You never know.
- Contrary to other trading software, Option Robot does not promise you heavenly payouts and/or millionaire status which often are false promises with the reality being completely different. Option Robot is mostly likely aware that binary options are a risky investment with little chances of making anyone a millionaire and their promotional materials do not contain any pictures of expensive homes or cars. What they have is a simple promise of bringing in returns in almost all your trades and a track record to back their claims.
For the (short) time Option Robot has been in the market, we have not heard any complaints that would provoke a negative verdict from us. On the contrary, we found them ranked higher on several online rankings with quite a number of traders giving glowing testimonials. With all its innovative solutions and great signals, Option Robot is an auto trading system you definitely want to try. We give our thumbs-up and suggest you just Go Right Ahead.
Quite a number of trading signal providers have surfaced in 2020. Unfortunately, most of them are scams and all advertise the same lies albeit with different statements. It has been quite a long time since we saw a new signal provider software which is reliable and legitimate. However, we recently got wind of one signal provider which though untested, looks like a good deal. With that, we introduce Automatedbinary, the new kid (software actually) on the block. The software has so far managed to garner attention from traders and critics alike and will probably continue doing so in the foreseeable future.
To help you familiarize, we have compiled a report based on our analysis of Automated binary highlighting all its pros and cons. Thus, pretty much answering the question the most frequent question that pops up concerning trading softwares – is Automatedbinary a scam? That, and many more in the section to follow.
Automatedbinary is, just as its name suggests, an automated binary options trading software that was released only a short while ago. Just within a few days of its arrival into the market, it has already taken the world of binary options by storm and has risen to become one of the most popular trading software around. Looking at the software’s superb features and options we can definitely ascertain that the waves created by this software isn’t just by luck –
it is through hard work, dedication and innovativeness on the part of the creators. And just as the saying goes, hard work never goes unrewarded. We don’t really give out awards here but a word, or two of appreciation is as good as any award. In case you haven’t heard about the software (it’s forgivable, for now) or even if you have and want to feel the awesomeness twice, the section below contains all the information on features and other nit bits you might possibly want or need to know about Automatedbinary.
This probably might have elicited a laugh or at least a chuckle from you. I mean, how can a free software have a (free) demo version? Come to think of it, it completely beats logic. But as we are aware, in binary options, so many things aren’t logical at first glance that your head would spin just thinking about them, so we won’t go there. Automatedbinary’s best feature, hands down, is the $50,000 demo version which is open to all, be it the registered members or even internet tourists who ‘mistakenly’ land on the site and would want some fun.
After signing up for the demo version, complete with a virtual broker, the site gives you a whopping $50,000 in cash to trade, learn and have fun with. Before you even think about how you will withdraw that money, how about we tell you that it’s virtual money? Basically, this is money which enables you to place trades, and even rake in profits, just like you would in the real account. No, you can’t withdraw it. Neither the profits. But what you can ‘withdraw’ for your use is knowledge and experience from trading with the amount. So the time spent is not such a loss after all.
Automatedbinary being a new software, we were quite surprised to see some of the practiced money management optionsalready incorporated into the software. These are, in simple terms, the options that a trader has in order to manage how their trades go. Proper money management can help you keep your trading account full or close-to-full for quite a long time. These options, also known as trading methods include:
- Classic– This is the classic or traditional method of trading and generally involves trading equal amounts in every trade. It mostly focuses on low risk trades and is regarded as the safest method. Automatedbinary’s classic mode is recommended for beginners although they are advised to keep their profit expectations low.
- Martingale– In this mode, the robot will double the investment on every trade coming after a loss and continue doing so until a win occurs. Usually, such a win will be big enough to make up for the previous losses. After the win, the robot lowers the investment on next trade to the original value and the sequence starts all over again. Martingale is arguably the most profitable mode of trading and also the riskiest as it is a game of probability.
- Fibonnaci– This mode is based on a complicated mathematical sequence which repeats itself after some time. As with anything mathematical, Fibonnaci is easily the most accurate trading mode and has relatively lower risks compared to Martingale.
The software uses six sophisticated indicators to generate signals. These are the most common and majority of traders have used them before, or at least heard about them. As with most things in binary options, these indicators were made for stock and forex trading but picked up by binary options traders after finding out that they still work. The indicators are:
- Williams Percentage Range Indicator
- Stochastic Oscillator
Traders have complete control over how many of the listed indicators the robot can pick signals from. Whatever number of indicators chosen, they must all show the same signal/direction for a trade in that direction to be placed. If that doesn’t happen, no trade is placed. Traders will love this feature, if they don’t already, as it keeps their funds safe and minimizes the amount of losing trades.
After carrying out detailed tests on Automatedbinary, we deem it safe to say that it is not a scam. Contrarily, it is a pretty good software and ranks high above the usual software, both in terms of overall quality and hit rate. The customer care is excellent with swift replies and we hope that they continue with the good work in the coming days. Also, we found out that traders have more control over the software than we are used to which is a clear bonus.
When it comes to the brokers, the nice folks at Automatedbinaryhave picked only the best of the best. The list is high on quality and credibility rather than quantity – featuring brokers such as Stockpair, 24Option and Banc de Binary among others. These brokers keep your money safe while the robot keeps your account full. To be honest, initiallyAutomatedbinarydidn’t invoke much of our interest but after the detailed analysis, all we have for it is sheer admiration.
Binary Option Robot Signals
The true mark of a great binary options signal provider is that the provider must be consistent in the provision of signals that help execute winning trades time after time. Therefore, these signals must be of the highest quality in the market. Traders must be able to trust them to the extent that they consider the reliability on these signals as the basis of their successful trading in the binary options marketplace. One such provider who has proved to be the best in the business of signal provision is Binary Option Robot – The Real Robot.
High winning ratio
The main reason that a trader seeks the best signals provider is the winning ratio. This is the rate at which the winning trades out-weigh the losing ones. Binary Option Robot has the highest success rates, and with a winning ratio of a tested and proven 83%, traders who choose this signal provision are in for a profitable experience in binary trading. When you are making a genuine 8 winning trades for every 10, you are right on the money and what you have is a great signal provider.
:Binary options trading is not gambling. The element of luck is so low that it is almost negligible. This means that the signal you receive has no element of guesswork involved. Binary Option Robot’s signals are backed by sophisticated and advanced algorithms that churn out one winning signal after another. These algorithms which are complemented by the professional trading staff at the signal provider are what makes their signals the best. They analyze years’ worth of data, combine them with current market conditions and come up with great signals all the time.
No experience necessary
The signal that Binary Option Robot provides is an end product in itself. This is because before a signal is released to traders, it is backed by so much work behind it that as a trader, you will not need to add any other input to it. All you will need is to execute your trade with the provided signal and wait for your trade to become a winner. This means that you need not be an experienced trader or one with extensive training to use Binary Option Robot signals to make a good return on investment.
There are some signal providers which have totally unnecessary hurdles that you need to negotiate with before you are fully able to access them. This is not what you will find with Binary Option Robot. The signals from this provider are very easily accessible to the traders and it does not matter which broker you are going to use. Just a few clicks on your mouse and the signals are right there waiting for you to be applied in the execution of your trades.
No limitation to the brokers you use
Binary Option Robot provides the best signals in the binary options market. You are free to choose your preferred broker site with the robot. This indicates that as a trader, you can retain your preferred broker such as 24 Option as your carrier for your trading account while using the impeccable signals that this provider has to offer to you all through your trading session.
As a binary options signals provider, Binary Option Robot also wants you to be a better trader. The fact that they provide you with excellent signals is not the end of their story. The availability of plenty of updated learning tools will help you enhance your understanding and application of the signals that you receive from Binary Option Robot thus enabling you to transform from being a good trader to an excellent one. These tools include detailed eBooks, webinars, trading manuals, charts and other informative material.
The software is compatible with all modern devices
If you still have to download a signal provider’s software to your PC, it limits the scope of trading opportunities. As an enhancement, the Binary Option Robot software is web based. This means that no downloads are necessary which translates to the factthat you can access this provider’s signals from anywhere and from whichever device thus broadening your trading opportunities. Whether your preferred device is your laptop, or your tablet or smartphone when on the move, signals are always accessible. This gives you the freedom to travel or go about your other businesses knowing very well that your signals are available on demand.
Binary Option Robot has made a name in the binary options trade as the provider with the most credible signals. As a trader, you will have to align yourself with the best signal provider to have a consistent income from binary options. Your provider thus should be Binary Option Robot.
In the recent past, sites offering fully automated trades have had to diversify their products to include other options such as the manual trading option and the signal delivery function. This is necessitated by the fact that while the larger majority of traders prefer auto trading, there is a significant percentage that don’t prefer auto trading but would still want to receive the signals used by auto traders. As such, sites like Signals 365 the focus of this section, have cropped up hoping to capitalize on the need for such an option.
As a background, Signals 365 is as the name suggests, a binary options signal provider that sends signals to traders from all over the world no matter the time zone – 24/7 service. Also, the service is available 365 days a year, including weekends and major holidays. This is pretty good although not really important as binary options markets are only open on weekdays. Anyway, that’s just one of the features of the service and was mentioned for the simple reason that it is an integral part of Signals365.com marketing strategies.
How does Signals 365 work?
The site generates signals through extensively tested technical methods which are able to generate hundreds of signals in just a few hours. The signals are then posted on the members’ area where all subscribers can access them and thereby enter into trades as per the indicated direction. This is somewhat surprising as in most cases, signal providers send signals directly to the traders via text or email.
Signals 365’s customer support team explain that due to the large number of subscribers and the largenumber of signals being sent out at any one time,
publishing the signals on the website is more convenient and time effective than sending them out individually. Of course just like in individual delivery, the signals stay on the site for a significant amount of time and can be referred to when measuring how accurate they are. Basically, alerts are sent out to every trader once a signal has been generated. These are in form of pop ups on the trader’s screen with the words “Trade Now”. Unlike auto trading where the system gets into trades without notifying the trader, here the trader, after receiving a particular signal, gets to choose whether to use the signal or wait for the next one.
An average of 100 signals per asset are generated every single day. Unfortunately, you have to be online or have your internet data turned on to receive the signals, which takes away some of the convenience. Nonetheless, the 100+ daily signals are pretty good and provide endless money making possibilities.
How successful is Signals 365?
Since its inception in late 2020, Signals 365 has provided thousands of traders with millions of trading signals. Fast forward to 2020 and unfortunately, the accuracy hasn’t changed much which explains why Signals 365 is not anywhere near our top 5 signal services. On the other hand, at least the signal quality hasn’t least bit deteriorated over the years. Basically, Signals 365’s trading signals are rated 67% accurate which means that if you put into action the 100 signals you receive in a day, 67 of them will get you ITM trades. Not bad, but still not the best.
Right now, the quality of the signals from most signal providers and auto traders average about 85%-87% which makes Signals 365 look like a cheap deal. However, the good thing about the site is that they are transparent about the accuracy, or rather the lack of accuracy of their signals. Also, the signals’ win-loss records are visible to all members for comparison and analysis purposes. You can compare the performance of the signals in recent times with that of the site’s earlier days or even between different times of the year.
Fortunately for traders into FX pairs, and unfortunately for those into other assets, Signals 365 only provides signals for trading currency pairs. And not just any pairs but 8 of the most popular, including EURGBP, EURUSD and GBPUSD. Notably, the signals
are tailored for the 5 minutes, 15 minutes and 30 minutes expiries. These are offered by almost all brokers, especially for trades involving currency pairs. As it stands, Signals 365 is doing well with only this kind of signals but it could be more profitable in the long run to also include signals for other assets. Maybe, just maybe, diversifying the asset index (and the time frames) could make up for the low accuracy.
First off, it is worth noting that you don’t have to download and/or install anything to access Signals 365. The site supports both computer and modern mobile devices with standard browsers and is accessible as long as one is connected to the Internet
through whatever means. On to the price front, Signals 365, for quite some time now, has been giving signals for free on the condition that you open an account with one of the brokers you will be linked to. This is a change from past times when a monthly subscription fee was required. Also, the brokers are all very credible and include renowned brands such as Banc de Binary, UBinary and StockPair which are all CySEC regulated. We don’t really know much about the signals but we can assure you that you won’t regret signing up
Final Thoughts: Is Signals 365 a scam?
Signals 365 is not a scam, far from it. Everything about the service is well laid out including the not-so-fine points like the accuracy level. This, if not anything else adds to the credibility of the site which, above everything else, is the major selling point of any
online service. The fact that the site partners with some legit brokers convinces us that it is worth our trust, and yours too.Finally, do we trust Signals 365? Absolutely.
There is no doubt that with the presence of so many scams in the auto trading scene, its popularity is fast fading. All eyes are now on trading signal providers which are seen as a better and less risky alternative to the downright shady auto traders. The best part about subscribing to a signal service rather than an auto trader is that you get to have a final say on what to trade, in which direction and the particular time frame to choose. Moreover, it is much easier to unsubscribe from a signal service than it is to split from an auto trader. Granted that signal providers charge subscription fees which auto trading sites don’t is most certainly not favorable to people who like freebies.
All that said, we are here to talk about one of the most popular signal providers right now, UpDown Signals. We dug deep and managed to collect all the information necessary to determine whether the service is trustworthy or belonged to the list of fraudulent services which are aplenty otherwise.Consider this as an integrity test or even better, as our very own version of a polygraph test, only that the subject was not directly questioned
What is UpDown Signals?
UpDown Signals is a signal service that sends out trading signals to traders for a monthly fee. The service has been in existence since early 2020 and has slowly climbed the ranks to become one of the go-to providers. UpDown Signals boasts
of a wide range of technical indicators and statistical tools that are instrumental in the generation of the signals. UpDown signals are 70% accurate which could go higher or lower depending on the market circumstances. However, it still remains significantly lower than what most signal providers’ usually offer. To state a few facts in case you aren’t already aware, the average ITM % among signal providers and auto traders is 86% and has been so for the longest time till date. Thus, the 70% that UpDown Signals offer isn’t highly impressive. As it is, it will take some exemplary customer care combined with unique features to put them ahead of the stiff competition. Unlike most providers, UpDown Signals does not send signals throughout the trading day – instead it sends signals only during a specific time frame. Also, the number of signals sent per day is extremely limited, usually 2-3 or even none depending on the market behavior. Basically, signals are sent out every morning from 11.28 am to 11.40 am EST. These signals are valid for only 3 hours after which you would have to wait till the next day. This means that you would have to place a trade by 14.40 pm – exactly 3 hours within receiving the signal. However, we recommend you trade earlier as the site says the signals work effectively for the 3-hours expiry. This expiry window is not common with most of the brokers and the most effective way to wrap trading is to avail the Option Builder which lets you determine your own expiry. Most brokers provide this option which is considered one of the most profitable albeit riskier. As a bonus, the site has recently added a new expiry period for which signals will be sent. This new 1-hour time frame is quite popular and commonly used.
Before delving deeper, we must admit that the limited amount of both the signals and the time within which they are sent comes across as huge disappointment. Considering the high subscription fee, this is definitely not a bang for your buck. We believe that a signal provider charging a subscription fee should give the best services to justify the charges; otherwise it is a rip off. We know of a lot of signal providers sending hundreds of signals all through the day for much lower costs. This gives traders the added convenience of trading whenever they want and having a variety of signals to choose from – something that UpDown Signals doesn’t offer.
How much does it cost?
As earlier mentioned, UpDown Signals is available on a trial week, monthly or quarterly subscription basis. For the trial week, which is basically for testing the credibility of the service, you will have to part with $25 – quite a significant
amount for an untested service. Monthly membership costs $97 and the charges are recurring i.e. it will be deducted from your credit card every month until you cancel the membership. There is also a quarterly plan that works out cheaper. This costs $197 for a period of 3 months which loosely translates to about $66 every month. All that for a service that is only available for 10 minutes a day. Really! The only advantage in the entire business with UpDown Signals is that you don’t have to deal with some crooked broker whose name you wouldn’t have known in nine lifetimes if you didn’t see it among the options provided. With UpDown, you simply get the signals and use them with your current broker. Just as it should be.
How are the signals sent?
UpDown Signals sends signal alerts like pretty much all signal providers via text and email. These are in form of ‘Up’ and ‘Down’ recommendations which indicate the best option to buy for the next 1 or 3 hour to hit the payouts.
In the end, the question on most people’s minds is whether UpDown Signals is trustworthy or if it is a scam. To answer that honestly, we don’t think UpDown Signals is fraudulent. Otherwise,
of the service, you will have to part with $25 – quite a significant it would have been closed way back in 2020. However, considering all the facts, we do feel that UpDown Signals has more of the ‘Down’ and very little of the ‘Up’. Though a decent choice, with the availability of better signal services with higher accuracy and relatively lower charges doesn’t play out in favor of UpDown Signals.
Algobit Signal Trading
It is not every time that we come across an auto trading algorithm owned by a broker which explains why Algobit caught our attention. As usual, we were curious to find out the inherent features of the software and whether it reaped substantial profits. To begin with, Algobit is an automated trading algorithm owned and operated by the brokerage firm Option Bit. From our knowledge about Option Bit, they’re actually one of the upright brokers so they are trusted to not be associated with a devious software.
As such, our expectations heading into the investigations was just to confirm what we already knew. In a nutshell, Option Bit developed Algobit to help traders predict market movements and in-turn increase their trading profits. The algorithm continually collects and analyzes price movements and the overall sentiments of stakeholders in financial markets to generate signals. These signals are then either automatically used by the system to place trades or if the auto trading option is not selected, sent to the trader through the usual means – text, email etc.
As mentioned earlier, Algobit encompasses a number of algorithms which simultaneously analyze large amounts of data including technical charts and graphs, and tracks price movements over similar periods. Then, using its in-built AI in addition to a number of technical indicators, the system is able to predict future price action. Although still unconfirmed, the Algobit is said to have 81% accuracy on all trades – slightly lower than what we are used to. Alerts are sent to traders as soon as the signal are generated and they can either decide to go ahead and place trades as suggested or wait for the next batch of signals. However, for those in the Auto Trade mode, the system performs all actions for the trader without necessarily sending alerts or other communication.
Basically, Algobit deals with all the assets offered by Option Bit including s variety of stocks, commodities, indices and FX pairs. Traders can utilize the settings option to choose which assets are to be used to receive signals. Other options include the maximum number of trades that can be placed in a day, the amount to be invested in each, and the maximum number of trades that can be placed simultaneously. Such settings are meant to give traders more control over the bots essentially for better bankroll management. It is often advisable to start slowly by investing low amounts per trade until you get a good grip on the system’s working and are satisfied with the accuracy. Needless to say, trading that way will mean lower profits which is quite sensible considering that potential losses per trade are even lower.
To mention the expiry periodssupported, there are both short-term and long-term options. The short term options include 30 seconds, 1 minute and 5 minutes. The long-term ones range from 15 minutes to end of trading day. Essentially, you get to choose the expiry periods in the settings. It is worth noting that each type of asset is better traded with particular expiry lengths. For instance, for better results in trading currency pairs, short term expiries would be the way to go.
Getting started on the site doesn’t take that much time and involves only providing personal details like email address and phone number. The next step is opening and funding your broker account. To do this, you have to open an account with a broker first. In this case, Option Bit is the only broker available which is not really a surprise as Algobit is their own proprietary auto trader. The minimum amount you can deposit to start trading is $200 which is quite low and affordable. After that, you simply choose your mode of trading and get it on. If you prefer the system to do everything for you, merely click on the Auto Trading option while on the broker site; your Algobit account will be automatically linked and trading will commence whenever you’re ready. For manual trading, you won’t have to select any option specifically as it is always the default setting. Nevertheless, you will receive alerts on your phone or email whenever a signal is out.
Opening an Algobit account won’t cost you anything extra apart from the deposit you have to make with Option Bit. The site’s owners, who also own the brokerage firm, make their profits whenever you lose, and even when you win since the payouts are never 100%. It would therefore not have made any sense to levy subscription fees on the software. Moreover, you can send money to your trading account using a number of channels including credit card, e-wallet and bank wire transfer. However, while doing that, remember to follow the basic financial safety guidelines – which include not giving out all the digits on your credit or debit card unless you want to have a first-hand experience with fraud.
Having said that Option Bit is the only broker available to trade with using Algobit signals, we must say that it is quite a credible broker. For one, Option Bit has been around since 2020 which shows that their clients are satisfied with and services. Second, the broker is CySEC-regulated which is usually a mark of conformance with the set financial standards. That Algobit is affiliated with a broker licensed by CySEC and with a great track record which confirms that it is a legit software.
To further prove that Option Bit’s technical experts did a great job developing Algobit, the site displays some accolades won over the years. These are the Best Auto Trader and Best Innovative Technology Awards, both won in 2020 at the annual Financial Innovation Awards (FIA).
After carrying out intensive research on Algobit and its associate broker, we can conclude that although it is not the best auto trader, its performance, and basically everything else about it is satisfactory. We didn’t find any negative reviews on the system and neither did we come across anything that to suggest that it is fraudulent.
Top Binary Signal Proiders I Best Signal Providers And Free Signals
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7 Binary Options
Binary options trading signal services and binary option robots have a potential to turn an average trader into a great one. Finding a good signal service will help you to ensure your success as a trader.
Once you sign up to at least one of our trusted signal provider, you will save huge amount of time from researching and analyzing market data and you can focus solely on making profit. By reading this article further, you will find our list and reviews of the best and most accurate signal providers in the business.
What Are Binary Options Signals?
A Brief Explanation
Signal provider companies will send materials to their clients after they carefully and thoroughly analyze the fundamental and technical data, marketing and trading trends and statistical analysis that might have a direct impact on various currency pairs and assets.
Clients are provided a list of recommended signals by those who have expertise in both market and statistical analysis. This is a short list of recommendations that these experts deem as the most successful trading opportunities.
The best signal providers even provide their clients with ongoing and current trading tips and market analysis. This saves traders from having to spend a great deal of time trying to interpret the market trends on their own.
Signal services provide concrete and updated information on the assets which they consider to be the most profitable as well as the direction in which the market is currently trending and the corresponding expiry time.
The signals are provided after a detailed analysis by experts who have carefully studied, analyzed and interpreted the financial market as well as the current trends. These experts take the time to process all of the necessary information needed to predict a strong, profitable trade.
The signals are then extracted from this expert technical analysis and provided as an opportunity to help traders make more informed decisions and profitable trades with little to no risk involved.
Traders who take advantage of this amazing process are more likely to be able to quickly predict the best possible trade outcomes with just a brief glance at the information provided by the signal services. Thus they will be able to make an educated decision based on expert advice and analysis.
Even the most inexperienced traders can gather quality information and make profitable trades, without having to have any prior knowledge about the technical and statistical analysis of the binary options market. This means they can spend less time analyzing data or learning about trading and more time actually trading and thus earning a decent profit.
1. FX-Advisor Review
FX-Advisor aims to ensure that traders have seamless trading experiences. It is easy for traders to become confused with the tons of resources about trading available on the Internet. In fact, picking a broker — as ostensibly simple as it is — can become a daunting decision to make for traders.
FX-Advisor works to ensure that traders do not become victims of scams. Hence they seek to connect them to Forex and CFD brokers that will just be right for them for their respective countries. They also ensure that as a trader, you are able to get access to materials that will make you a success.
Their objective is to connect their users to duly licensed brokers that can easily meet their trading needs, while also earning their trust.
If you want to try out their services, here are the essential things you need to know about how they work.
FX-Advisor Account Features
Most brokers offer different account types. However, it can be difficult — if not impossible — to make any change between them based on their suitability for newbies and pros. FX-Advisor comes in to solve that. And this is how.
For example, professionals do not usually mind to open an account type with minimum deposit requirements of up to $500 — and even more. However, such account types may be off-putting for beginners. Do you now see that beginner traders and professional traders indeed have different needs?
FX-Advisor comes in to solve this problem by ensuring that traders have only a suite of brokers with services that are just right for their needs. From brokers with a minimum deposit requirement of $50 to those with as much as $250, FX-Advisor ensures that no matter the size of your purse and the level of your experience, you can afford to trade.
With FX-Advisor’s help, you do not just get to start trading with low minimum requirements, but you also get to have different choices from which to pick — no matter your level of trading experience. That is, they ensure the broker you get connected to offers you the best trading conditions for the best trading experience.
Also, they recommend only brokers that are duly licensed. Hence, FX-Advisor’s brokers are ones that are reliable and worth your trust.
FX-Advisor also ensured that the only brokers they recommend are those that provide demo accounts. Demo accounts are an integral part of a beginner trader’s learning toolkit and that of a professional trader’s overall trading strategy.
A demo account helps beginner traders practice what they learn and grow better with time. Hence, with it, they have a platform to test their skills without having to risk a dime. Thus, a beginner trader should use a demo account to practice before they ever put their money on the line.
For experienced traders, however, demo accounts can be a vital tool to use when testing out a new strategy they are just developing. They can use demo accounts to test out their trading strategies and tweak them in line with their inadequacies. Thus, they verify their strategies on demo accounts before they use them in real accounts.
Demo accounts should be free. And FX-Advisor collates only the best brokers with the best demo account functionalities from different countries all over the world.
FX-Advisor Trading Software
FX-Advisor connects investors to brokers that provide access to financial markets such as forex, stocks, indices, cryptocurrencies, and commodities.
They also ensure that those brokers provide the best trading platforms for overall great trading experience. Thus, they profile only brokers with user-friendly platforms that also support advanced functionalities for market experts. This is crucial as the needs of beginner traders and expert traders are actually different.
Essentially, FX-Advisor goes all the way to research to ensure you will be connected only to the best brokers with the best trading platforms for your overall excellent trading experience, while also giving you the benefit of choice.
With FX-Advisor, you will be able to get a broker that enables the use of a web-based trading platform, MetaTrader4 (MT4) platform, and a mobile app.
The Web-based Platform
Web-based platforms, especially recommended for beginners because of their simplicity and user-friendly interface, only require your internet connection to use them; hence, you do not need any download.
The MetaTrader4 (MT4)
The MetaTrader4 (MT4) is the most popular trading platform with traders. It can be used by both beginners and experts. However, owing to the range of tools it has, it is more widely used by pros. Whether it is a laptop, PC, or mobile phone you have, with the MetaTrader4 (MT4) platform, you are always good to go.
The Mobile Trading App
A broker should also provide a mobile app for its clients. Mobile trading apps are effective for both beginners and professionals. And in this increasingly connected world, they have become popular.
With them, investors can buy and sell financial instruments anywhere, anytime. They also ensure that you stay abreast all the essential real-time news you need to succeed in the market.
FX-Advisor Support Information
Before you can become a successful trader, you need education. You need to learn the processes of trading and also its technicalities. FX-Advisor’s team identifies the importance of this and they, therefore, place a high premium on it in their assessments.
Thus, they choose only brokers that offer comprehensive educational resources that will give you all you need to start trading and eventually make you a pro. You will also be getting notifications containing tips that can make you a successful trader through email.
Furthermore, FX-Advisor’s brokers offer those educational resources in different forms such as webinars, videos, analyses, and reports. And once you open an account with any of those recommended brokers, all these will be yours.
Normally, every broker must have a responsive customer support service. However, not all do. FX-Advisor aims to connect you only to brokers with responsive customer support services. This can make a lot of difference for your trading success.
FX-Advisor Payment Methods
The professionalism and quality service of every broker continues with the kind of payment methods — for withdrawal and deposit — that it supports.
Thus, it is essential you pick a broker that will provide you with fast and easy-to-use methods for depositing and withdrawing your funds.
Open a free demo account now:
2. IQ Option Review
IQ Option is a broker that’s one of the few success stories in this industry. Founded back in 2020, the company has expanded exponentially in just four years. Take for instance the fact that back in 2020 the broker offered account opening to people in eighteen countries. But by 2020 that was expanded to 178.
Also, back in 2020, the broker managed to broker over 200,000 deals a day via their platform. In 2020 those increased to 3 million a day. Not to mention the fact that the number of trading accounts rose sharply from 950,000 back in 2020 to a whopping 11 million in two years alone a monumental leap by any measure.
It’s a fair assessment that IQ Option as a whole has exploded onto the binary and forex trading scene out of literally nowhere. If anything these are promising figures which highlight just how popular binary options and forex trading has become. Plus, its worth noting that the broker has won numerous industry awards for its performance and service.
The awards include the IFM awards which were presented for the Best Mobile Trading Platform and also The Most Innovative Trading Platform award in 2020.
Trading CFDs and Forex with IQ Option
IQ Option is currently offering traders the ability to choose both CFDs and Forex. Forex and CFDs happen to be one of the most popular methods of participating in the global trading industry. However, the CFDs offered by IQ Option are probably the least familiar though strict licensing and rules regulate both of the financial instruments. But CFDs and Forex have helped to create an industry where traders’ rights are protected.
Forex trading is all about exchanging foreign currencies while CFDs are contracts that are based upon the difference between the closing and the strike price. Both of these are complimentary of how binary options work and so are familiar to your standard binary options trader. IQ Option is unique in the sense that they provide traders the ability to expand their portfolio beyond what others are offering in the industry.
Trading Forex CFDs via IQ Option Platform
When trading forex CFDs setting up the asset and choosing the required strike prices is as simple as filling in a few boxes. Then the trade buttons to the right of the platform will show the ’buy’ and the ’sell’ options. Right above the buttons, you can also select the amount you want to trade as well as the multiplier and leverage.
IQ Option offers a leverage of 1:300 max. The default has currently been set at 1:50 leverage. As a whole, the IQ Option trading platform makes executing trades very simple. Plus, you don’t have to worry about a negative balance which can be caused by using leverage features so you’ll enjoy negative balance protection as a trader using the platform.
We believe that IQ Option is the most reliable and highest quality Forex broker at the moment.
Open a free demo account now:
General Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions
Binary options and digital options are not promoted or sold to retail EEA traders. If you are not a professional client, please leave this page
2. Binary Robot 365 Signals
Binary robot 365 has now joined the ranks of a growing number of auto trading robots. Robots have become increasingly popular in the binary options industry similar to Forex robots in the Forex industry a couple of years back. The primary reason for the mushrooming number of automated trading robots is that they can continue to work around the clock exposing traders to larger financial markets and in turn making more significant profit.
This review is about Binary Robot 365. From the very beginning, we have heard good things about it, and it ranks amongst our very best binary options robots reviewed by our staff so far.
Binary Robot 365 – How Does it Work?
We have read many Binary Robot 365 reviews that greatly touch upon the many negatives of the robot but without producing actual evidence to substantiate their claims. The claims of the robot being a scam are thus far provided without proof by these reviewers. It is for this reason that we decided to take a better look at Binary Robot 365 and interestingly found that most reviews that declared it a scam were supporting other widely known questionable robots.
Other excellent features of Binary Robot 365 is that it provides a wider range of trading options and strategies. The built-in indicators and algorithms ensure that advanced traders can help program advanced trading strategies into the bot. Binary Robot 365 has been extensively tested and optimized by the developers. Both backend testing and also trading with real money has helped iron out many of its kinks.
Binary 365 has an easy to use interface making the robot very easy to understand and use by both novice and advanced traders. Another great feature is its ability to allow traders to use various tools which factor into developing their own custom strategies. Since everyone has their own risk tolerance, they can, in turn, decide what they want to focus on and then develop a strategy accordingly. Traders that understand the underlying market will know the effect that certain news events has on it and so can concentrate on that movement for maximum profits or to minimize loss.
Many times when Binary Robot 365 is labeled as a scam by reviewers, it’s probably because they (the reviewers) were unable to set up the robot correctly. Usually, a lack of understanding of how various indicators work and are used can lead to erroneous trading. It is futile just to think that you can set up a trading robot using arbitrary decisions in a live trading environment and without good knowledge of what’s really taking place. When you have an underlying strategy that makes using the robot more useful.
One of the most powerful features of Binary Robot 365 is its ability to develop customized trading strategies easily. The software gives traders all the required tools to formulate their own trading strategies and then automate the process. The robot offers six high-quality technical indicators for the purpose of trading automatically. The six indicators include MACD, CCI, Stochastics, Williams, Trend, and RSI.
Binary options traders can develop a strategy either using multiple or a single indicator. Plus, the software robot is meant to help traders using famous financial management strategies like Classic, Martingale, Fibonacci, etc. Binary Robot 365 also allows for choosing various risk parameters like expiry, trade amount, the number of simultaneous trades, assets to trade, etc.
To our knowledge, no other binary options trading software provides this level of customization or even options. That said with this many options it’s easy to assume that its a money making machine without taking into account the time and effort required to develop a workable strategy. So, people need to look at properly setting up the software and trades while finding the right points of entry before calling it a scam. At the end of the day, it’s up to you to decide on the time frame to trade based on hard facts and not hunches.
Features at a Glance
- BinaryRobot 365 has the ability to generate up to 90% of profitable trades easily
- The software incorporates various advanced trading strategies as part of its system
- The robot is easy to use making it simple for anyone to develop their own strategy
- The software has support for six of the most commonly used and accurate indicators to develop a strategy
- Binary Robot 365 also has support for various advanced asset and finance management strategies like classic, Martingale, and Fibonacci, etc.
- The software does not require a startup fee, and with no recurring fee it’s absolutely free to use
- Traders benefit from expert customer support which is available 24/7
- The robot can be used on both tablet computers and mobile devices
The Advantages of Binary Robot 365
- A Proven Track Record: It is by far one of the very few automated binary options trading robots which has established history of over 90% profitable trades. The software has been put through extensive testing and therefore been optimized for success prior to being available on the market.
- Complete Customization: Unlike other trading robots Binary Robot 365 has a very high level of customization. Binary options traders can choose from various parameters to develop their own proven strategies. Being able to draw information from several indicators and advanced money management ensures that traders have a much better chance of being successful.
- Managing Risk: Binary Robot 365 is a robot that has the ability to provide excellent risk management parameters. Take for instance that traders have the ability to choose an amount for every trade, choose what assets to trade, and the overall max number of simultaneous trades.
The software robot is free to use. The company does not demand that traders pay a monthly or an upfront fee to use the software. All that’s required to use Binary Robot 365 is to signup for it via its official website by filling out a basic form. The form will ask you to join a participating binary options broker which is recommended for use with Binary Robot 365 and then make a $250 deposit to start trading. Once your trading account and the deposit has been approved, you are free to trade.
One of the stand out features of Binary Robot 365 is its professional, 24/7 customer support. Traders can contact customer support via email [email protected] for any questions about the software. All emails are usually responded to within 24 hours if not fewer.
Finally, we would like to reiterate that Binary Robot 365 happens to be one of the best if not the best binary options trading robot that we’ve reviewed. We can confidently confirm that this robot is certainly not a scam. But rather it offers traders two significant advantages i.e. allows the robot to manage your trading account easily, and allow allows traders to come up with their own strategy while managing the account themselves. Despite being free to use it still comes accompanied with 24/7 support something that’s unheard of in this industry.
3. OptionRobot Signals
Not too long ago, a new automatic binary options trading signals system came to our attention.
I have decided to take a close look at OptionRobot. I must say that I am impressed. Being quite skeptical of automatic systems, I have discovered that Option Robot makes trades as if I were the one doing it. No, I take that back…It is as if I, along with a team of binary options professionals are all making trades on the same wavelength.
Using OptionRobot Service
OptionRobot.com signal service is aligned with various binary options brokers. To use the service, you simply create an account and sign up with your preferred binary options broker.
Once you have completed those steps, and deposited money in the broker account (Option Robot is free), you can go into the settings tab and choose your favourite method. I will describe those further down in this article.
You set your system to auto, and Option Robot will make trades based on your settings.
If you want to test the system first, Option Robot does offer a demo account so you can get adjusted.
How OptionRobot.com Works
Professional binary options traders saw a huge need or a consistent automatic trading system. Brainstorming, they developed the basic idea that Option Robot runs on.
Traders are able to set the methods used or the system to trade with their funds. They can choose 1 or more of the 6 trading indicators. The system will go by these indicators and if the ones you selected match, Option Robot will make the trade, but if 1 disagrees with the others, the trade will not be made.
You also choose the amount of your trade and what assets the system is allowed to trade.
The other setting is the trading method. There are 3 methods:
- The Classic which keeps all your trades at the same amount.
- The Martingale which will double your trade amount after a loss so you will profit, and the amount drops back after a win.
- The Fibonacci which uses an age old mathematical system to measure the best amount to trade with.
You give all these settings and the system follows your orders.
The system will trade as long as your browser is open but if it would suddenly get shut off, the system will stop trading. This protects you so you can keep a close eye on trades as they are made.
Option Robot signal service is still quite new but this far, returns have been averaging at 89-91%. This is far better than other trading robots.
We will keep this updated as we see more from Option Robot.
As I stated earlier, I am somewhat skeptical of any automatic trading system, but Option Robot has made me a believer in their system.
It is so tremendous that even the binary options brokers with the highest reputations have attached themselves with Option Robot.
Yes, you have a wide range of brokers you can choose from with Option Robot, many of them are licensed and regulated.
I highly recommend Option Robot, and even if you don’t take my word, at least go try the demo and see how well it works for yourself.
FX MasterBot is a brand new trading algorithm software that launched recently. It happens to be one of the more advanced solutions for anyone who wants to invest their money in binary options, stocks, etc.
We review FX MasterBot to reveal precisely what the software offers to users, its features and what people are saying about it. We suggest that you read the full review not just to learn more about it but also if its worth your purchase.
7 Binary Options Rating:
How can FX MasterBot be used?
One of the things that’s good about the software is that its simple to use and so you don’t need to be a professional to use it. It has been designed by a team of experts who have a lot of experience in the financial markets and so it makes trading a smooth process. The algorithms have been developed to follow the markets 24 hours a day and 7 days a week to pick up the best trading opportunities.
The other good thing about the software is that it analyzes the markets on autopilot and makes predictions regarding traders, assets, and price without any manual intervention. That saves users a great deal of time. The signals are sent to the platform directly, so it’s up to traders to manually pick up what they want to act on, or they can allow the software to choose.
Experienced traders will find the manual trading mode to be the most suitable since they have the experience to make good decisions. Though on the other hand, complete newbie traders will want to use the automated mode since it minimizes the risk of bad trades considerably.
Does not require you download the software
A great feature of FX MasterBot is the fact that it does not have to be downloaded to your computer or mobile device. It’s a web-based tool which runs via a web browser. That makes it compatible with an array of operating systems. The mobile version of the tool ensures that you never miss out on another excellent trading opportunity again when on the move. Plus, trades can be placed via any smartphone or tablet computer or even a regular laptop computer.
How to start using FX MasterBot?
The creators behind the software have stated that people’s personal information and their funds are of their utmost concern. It is for this reason that the payment options and other information are encrypted and secured. Getting started is very easy, and all that’s required is to follow a few simple steps like:
- Sign up to use the software from their website
- Then open a brokerage account
- Add some money to the account and use their auto-trading functionality
The vast array of advanced features and various settings means that it is a highly capable software which can be used by anyone and meet their expectations. It outputs many signals on a regular basis that traders can use to maximize their gains and improve returns. That said the more you decide to invest the more money you’ll make via better returns.
What does the software cost?
The software is free to use, but you’ll have to meet the software’s minimum deposit requirements to start trading after setting up an account. You can choose either to use a ‘Novice’ account, or an ‘Expert’ account and more advanced users will feel comfortable with the ‘Master’ account. ‘Novice’ users are required to deposit a minimum of $250, while the ‘Expert’ account requires $500 and $1000 is set for the ‘Master’ account.
Is FX MasterBot just fraud?
In our experience FX MasterBot is a highly efficient trading software which offers an array of tools and features. It was conceived, designed and developed by expert traders to be used for people of all skill levels. It helps connect traders to brokers. As a matter of fact traders can easily choose from over a dozen different brokers that partner with the software.
We evaluated all the brokers and didn’t find any one of them to be scams. Plus, the fact that it has over 10,000 customers from around the world means that they have to be doing something right. Then there are many reviews and feedback from present and past users most of which is very positive. So, there is no evidence to prove that FX MasterBot is a fraud or scam. We’ll have to say its legit based on the data.
Features on offer
Now FX MasterBot has an array of features and various settings. As a first level there are all of its basic settings, and then there are advanced settings. It allows you to adjust things like expiration time as per your trading preferences. You can also choose from long-term trading to short-term trading with the expiration ranging from just 60 seconds to a week and over.
The software also allows you to control the amount of risk. You can choose from four primary risk levels. Level 1 is the lowest risk, while level 4 has the most risk.
You can also use an array of trading options to manage your account. You have the ability to limit the number of trades executed by the system on your behalf each day. Plus, you can even pause and reboot the system when you’ve reached the maximum number of lost trades for the day.
Finally, there is the reverse trading feature which enables you to trade in the opposite direction to which the robot advises. You can use this feature in the event that the robot for some reason is only pulling out losing trades during a trading day.
The customer support offered is excellent, and it is available in a number of different languages by a team of professional representatives. Users can easily reach the team via email, a phone call or via online chat.
After thoroughly evaluating every aspect of FX MasterBot we can safely conclude that the software is not a scam. It is, in fact, a reliable and authentic trading software which connects traders with well-reputed brokers. Plus, it makes it easy for anyone to start trading and making a profit.
5. AutomatedBinary Signals
Everyday, people are discovering that investing in binary options trading can be a profitable experience. But, this means taking needed time from other daily tasks to follow signals and make accurate trades.
You can perform other daily responsibilities and still make accurate trades. We have examined a somewhat new automated trading service that will follow your directions and make binary options trades on your behalf as you are performing other activities.
The name of this service is AutomatedBinary. It is easy to use. Both professional and rookie traders have discovered Automated Binary to be the trading robot they have been searching high and low for.
Using AutomatedBinary.com Signal Service
Using AutomatedBinary.com is as simple as creating a free account.
You can choose your preferred language, choose your preferred binary options broker and deposit funds in your broker account.
The best part about AutomatedBinary.com is the demo account you can use to determine the best settings for your trading style. They allow you to use $50,000 in “play money” to allow you to get accustomed to the Automated Binary system.
You have a variety of settings that will determine how the robot trades for you. The system will only trade based upon the settings you choose.
How AutomatedBinary Works
When you create an account at AutomatedBinary.com and choose a preferred binary options broker, you will then be able to choose the settings that this automated trading service will use or trading.
You will choose your typical trade amount which starts at $5. You will then choose the money management system Automated Binary will use:
- Classic. This is considered the safe method, and all trade amounts stay the same.
- Martingale. This is a compound system, and if you have a loss, the system doubles your trade amount to gain back your loss plus a profit. It then drops back to the original trade amount.
- Fibonacci. This mathematical system determines the best trade amount based upon the percentages.
You also can choose the indicators the robot will use in determining your trades. There are 6 various indicators, and if you choose more than 1, the indicators must agree or the trade will not be made.
At this time, AutomatedBinary.com only trades in Forex pairs. You choose which pairs you are willing to allow the system to trade in.
The best part about AutomatedBinary.com is, it runs in your browser as long as it is open. You can open other tabs and keep working, but if the browser closes for some reason, the robot will stop trading until you allow it to start again. This allows you to keep a close eye on the system.
AutomatedBinary.com is still quite new, but returns have been shown to average anywhere from 87% to 90%.
This is by far higher than the majority of other binary options robots in service.
We will keep watching the returns as this service ages.
I must admit that when I used the Automated Binary demo account, I had returns at 94%. The system is marvellous.
Also, some of the most trusted binary options brokers are attached to AutomatedBinary.com. Many of them are licensed and regulated.
That in itself shows that AutomatedBinary.com is a legitimate binary options trading robot. Reputable binary options brokers will not allow their name to be used in something that could possibly be a scam.
I highly recommend that you sign up at Automated Binary and see for yourself. Binary options profits await you.
Launched in 2020, Freesignals.com does exactly what the title implies. The system provides you with signals to use in your binary options trading system. Signals are provided in various areas such as stocks, commodities, currency pairs and indices.
What’s more, Freesignals.com also acts as an automatic trading robot if you desire to use it as such. If you desire, you can sign up for free and use the demo account to see just how accurate Freesignals.com predicts the market.
The system is quite easy to use as we found out when we created a free account and proceeded to test it out. You simply sign up with your personal information and choose from one of the many associated binary options brokers.
After that, you will choose your desired settings and turn the system to Auto trade. Freesignals does all the work and takes the guessing out of your trades.
How Freesignals.com Works
After you create a free account and choose from 1 of the many brokers, you then go to the settings area and choose how the system will trade:
- Classic is the safe method
- Martingale is the high profit method
- Fibonacci is the accurate system
You then choose your trade amount, expiry times, and what assets the system can trade on. After all that, you will choose 1 or more trading indicators that Freesignals will use to determine the best trades.
Using your settings, Freesignals.com will then make trades that make the best sense to make you profits.
In the time I ran the demo, I had returns that averaged 89%. That is great in terms of binary options trading. I will say that you will discover that Freesignals will not just make trade after trade. The system is designed to go after sensible trades. It is about quality and not quantity.
We were pleasantly surprised with Freesignals.com. It is evident that expert traders put this system together. While I will be the first to say that there is no perfect binary options trading system, Freesignals.com comes very close to perfection.
Here at 7BinaryOptions.com, we highly recommend this signal service.
Signals365.com is a professional binary options signal service provider that generates more than 100 signals per day with high win rates using a browser-based format.
We were extremely impressed with Signals365.com’s ease-of-use, high win rates (nearly 70% win-rate) and complete transparency of results. They also offer 24/7 support, which is great for beginners.
Unlike other signal providers, Signals365.com publish all of their results in real-time so that you can see exactly how each asset and timeframe performs. Users can also filter between different assets and time frames, giving you greater control of your trading experience.
You can get FREE lifetime access now if you sign up to a broker through the site or you can use their existing account and subscribe for $99/month.
Using Signals365.com Signal Service
We found Signals365.com very easy to use with a very good win rate of 60-70% and nearly 100 signals per day provided.
With so many good trading signals per day, you don’t need to worry about missing a trade.
Once you login, users are alerted to new signals with a sound alert and yellow warning to “Take Trade Now”. This warning includes a recommended countdown to take the trade.
Every new signal includes the date, time, asset, direction, expiry time, open price, close price, countdown and the final result. You can then manually place the trade in your own account in a separate window. This gives you complete control of your trading account, unlike many automated trading robots.
The results are all updated in real-time, which means you can see exactly how many signals have won/lost before you make a decision.
How Signals365.com Works:
Signals365.com is a binary options signals platform that delivers browser-based signals that work across your computer, mobile or tablet, just like the infamous Binary Option Robot.
The signals themselves are based on successful trading strategies that the Signals65.com team developed in-house. These work by finding overbought/oversold conditions in the market and then trading reversals. A number of other filters and criteria use to deliver only profitable trading signals.
Once you receive a new signal, you just need to enter the trade into your trading account and wait for the result.
All signals are generated across the major currency pairs including the EUR/USD, USD/JPY, GBP/USD, EUR/GBP and the AUD/USD.
The Signals are also automatically filtered during high-impact news events, which is another great benefit since it increases the accuracy of signals and stops new signals being generated in poor market conditions.
How to Trade with Signals365
We experienced high win-rates of 60-70% with Signals365.com across all of the time frames. This is extremely impressive given that they are able to deliver up to 100 signals per day.
The fact that we could view the latest live results between different assets and time frames also meant we could choose only signals with the higher win-rates.
We found Signals365.com to be one of our favourite signals services that we’ve tested yet. They provide an easy-to-use intuitive signals platform, high win-rates and excellent customer support.
Once you login to the website, you’ll be able to see all of the latest signals take trades with ease. The total transparency of results from this signals service really distinguishes them from the rest.
8. PIP365 Signals
During our review of PIP365’s signal service, we found it to be an outstanding binary option signal service that provided us with excellent flexibility, both during automatic and semi-automatic trades conducted through the brokers specific to those trade types.
PIP365 is essentially a free signal service which is browser-based and works directly with binary option brokers hand-picked by the PIP365 team. For traders who are already trading with the integrated brokers, PIP365 can be used immediately without incurring any charges.
For traders who are not currently trading with one of the integrated brokers, the signal service can only be used once trading is commenced with one of the selected brokers.
Using PIP365 Signal Service
We found that PIP365 provided us with very reliable trading signals which were linked directly to the accounts we traded from, allowing us to execute signalled trades with just the click of the mouse. We had the ability to set up trades exactly as we would have on our regular trading platforms and thus were able to execute our trades using our preferred platform, whether or not we received signals for those trades, making using the signals and trading both effective and fast.
How PIP365 Signal Service Works
PIP365 works by employing algorithms of varying complexity, along with indicators, in order to produce trading signals for a variety of assets at regular intervals.
Because PIP365 is a web-based service which operates within the web browser, we didn’t have to download software or install it on our computer in order to use the service. We did find that PIP365 does not offer the flexibility of automatic trades in response to signals, meaning that traders must be present to respond manually to any received signals.
PIP365 gave us the option of responding to signals in order to execute trades, as well as allowing us to place trades on our own platform as easily as choosing an asset to trade, the amount we wanted to invest and the time limit for our options.
PIP365 gave us the ability to find our trading positions when the trades were opened and closed, saving us from having to log into our broker account in order to look over our trading history.
While the signals are generated in real time, they can only be received during normal business hours, on a Monday through Saturday basis. The average success rate of these signals, which are generated from global markets, is roughly 75%, meaning that 75% of signalled trades finish in the money.
We found PIP365 signal service to be a great option for traders looking for reliable, accurate signals for their trades. The signals were delivered in a timely fashion and made trading as easy as clicking a mouse button.
We were able to create trades which were specific to our needs and use brokers we were already familiar with; traders who have trusted brokers do not have to worry about changing brokers or platforms to use the free PIP365 signal service.
9. UpDown Signals
UpDown Signals are financial signal alerts sent by SMS or email. The alerts predict whether the price of an asset will go up or down in the next three hours from receiving the signal. We recommend the up down trading signal as a handy tool to anyone interested in binary options.
This is because both novice and experienced binary option traders will benefit from the trading signal. You can add this to your trade and enjoy its benefits. The signals have the highest win rates and more than 70 % accuracy.
For instance, if you are working full time and you do not have the time to follow the binary options trading, then the up and down signal will help you to make trading decisions. The UpDown signals are software based and investors have been using it for more than 9 years.
How it works
The UpDown Signals work by sending signals in form of text messages to your phone. The signals comprise of data, which has been gathered from the market by scanning a wide variety of assets. The data is analyzed to become financial signal alerts.
This makes it easy to trade since you can work on the tips as soon as you receive them. The service sends 4 to 5 tips per day from Monday to Friday at 16.30 GMT.
The message sent is clear and legible. It shows the item to be traded name, the proposed transaction of either Call or Put and the property’s market value and time. An SMS looks like this: “EUR/GBP, call, 0.8776, Expiry Time: 19.30 GMT”
One of the greatest features of the UpDown Signals is that they store customer’s data for more than three months and use previous cues and successes.
How to use the UpDown Signals
The service is easy and quick to use. Register for the service and you will start getting trading tips by SMS. Place the tip, whether it is a call or put option and then collect the profits.
The quality of the signals
One of the best features in UpDown Signals is that they show data of more than last three months regarding the past tips and their success. This is one of the main things that make UpDown Signals so popular. The success rate of the tips is astounding 70%.
You get five signals per day, which means that you can make 25 investments. You invest €100 for 25 times with UpDown Signals and use Banc de Binary as a trading platform (it has a great return rate of 88%).
You decide where to invest with the help of UpDown Signals and get 18 investments right due to their high success rate.
This means that you earn €1584 minus €700 of the investments that were not correct, equaling €884 profit for one week.
If you continue like this, your profit for one month would be €3536.
Here is the example in numbers:
- Time: 1 week
- Invested amount: €100
- Amount of investments: 25
- Return rate: 88% (Banc de Binary)
- Winning investments: 18 (over 70%)
- Losing investments: 7
Screenshot from UpDown Signals homepage:
The cost of the service
The introductory price is 7 dollars only. After that, you can subscribe for the service for a month or for three months. The monthly rate is 97 dollars and the 3 months rate is 197 dollars. The three months package is economical if you compare price and quality ratio.
You can make payments by PayPal, Skrill, MasterCard, Visa, and American Express. The signals come with a 60 days money back guarantee.
The customer support comprises of an extensive FAQ, support forum and 24/7 support.
10. John Anthony Signals
Face it: unless you are an experienced trader, binary options trading can be quite intimidating. With so many brokers, trading platforms and automated trading software solutions to choose from picking a service can be quite a daunting task.
And it doesn’t help that there are so many dishonest sites out there that are positioning themselves as trading systems only to disappear with your investment.
John Anthony Signals has been in existence for a little over a year now and claims to be the best signal provider in the market. Are they spot on or just another con? Read our unbiased John Anthony Signals review to find out more about this binary options trading software system.
What is John Anthony Signals?
John Anthony Signals is a fully automated trading system that promises to send its members up to 17 reliable trades a day. This is nothing special, as most signal providers provide at least that many signals a day for their clients.
So what is unique about this service? Does it have any outstanding features that make it stand out from the hundreds of other auto traders available online today?
We looked into it carefully to find out what is it about John Anthony Signals traders tend to like so much. One of the advantages of this trading software is that you do have to sign with any particular broker to use this service, although they do suggest you to sign with one of their recommended brokers.
But you do have the option to sign with any broker, which is a pro of this system. If you already have a preferred broker you would like to trade with, this is a great advantage to be able to do so.
John Anthony Signals is not a free service. There is a $99 fee per month on top of your initial and recurring deposits. However, this isn’t necessarily a bad thing. While many other signal services are free to use and traders often achieve success using them, John Anthony Signals is based on a completely different business model. Here, traders have to pay for the service but do not have an obligation to commit to any broker in order to use it.
As far as success goes, in addition to the professionally looking website, we could not find any bad reviews about John Anthony Signals. The projected win ratio is only 72% which is rather average on the market (usually between 70 and 85%), which is promising. Testing it further is important and we’ll continue doing so.
With new services it is crucial to make sure they continue bringing results and John Anthony Signals is no exception, especially since you have to pay a monthly fee for their services. You think that with a regular subscription fee, you will want to continue receiving good results. But as of this date, we have seen no negative reviews about John Anthony Signals and couldn’t find any complete deal-breakers while using it ourselves.
How Does It Work?
Much like every other trading system, one must create an account with John Anthony Signals and then register with a broker. The good thing is you are not limited to their list of brokers; you have the freedom to sign with the broker of your choice. Once you have established an account, you will need to fund your account with the minimum required deposit of $250. You can then use this money to make trades.
The system will send you up to 17 signals a day and you have the ability to decide whether or not to act upon these trades. Since the system is automated, you can set the system to initiate the trades on your behalf as well.
Once you profit from a trade, you are able to withdraw your winnings. However, as there are many different brokers associated with John Anthony, the process itself varies from broker to broker.
Final Conclusion: Is John Anthony Signal a Scam?
As of this review, we cannot neither confirm nor deny John Anthony Signal being a reliable service as they are quite a new company and have yet to deliver more results for us to be able to say for sure. However, most traders tend to have success using it so far and have been recommending it.
We feel that considering positive experience of others, you can benefit utilizing this trading software. On our side, we’ll make sure to follow up and keep our readers updated about this signal service.
11. Quantum Binary Signals
We were impressed by the ease of obtaining trading signals while we were reviewing Quantum Binary Signals. Not only were signals timely and effective, they were also delivered directly to us on a range of devices, through both mobile notifications and emails.
We found their experience in the trading world to be second to none, and Quantum Binary Signals has shown a great amount of success in providing signals which are accurate and give their clients an edge in the market. We found it to be an excellent option for both novice and experienced traders who wish to earn good returns without a large initial investment.
Using Quantum Binary Signals
Traders have the option to have signals delivered on various platforms, including mobile notifications and email. The signals provide a simple solution for traders wishing to obtain and comprehend trading and investment-related data. The website provides an easy way to join, offering membership with only a few required details, which can be entered on the site.
How Quantum Binary Signals Works
The signals offered by Quantum Binary Signals enable traders to choose their desired assets for investment, scrutinize price differences and understand their trade expiration time.
Once a signal is received, it can be copied and pasted into a trader’s account. Any analysis which needs to be completed can be taken care of by the Quantum Binary Signals software.
Traders receive notifications for three different, high quality trades every day in a process which is very brief, typically requiring no more than a few minutes. These notifications will be on various assets, including stocks, commodities and indices.
We found that Quantum Binary Signals provided signals which would allow traders to finish 85% of their trades in the money on a monthly basis. Their executives and traders have two decades of experience, giving traders an excellent source of signals for various trades.
We found the experience provided by the Quantum Binary Signals team to be very professional, while offering a process that has limited risks and easily-obtained returns.
For an initial trial period of seven days, traders are charged a fee of $9.99. After the initial week-long trial period, Quantum Binary Signals services can be obtained for a daily cost of about $4.96. This works out to a monthly cost of around $99 every month, a relatively small fee for accurate and actionable binary trading option signals.
We found the steps needed to take advantage of the signals offered by Quantum Binary Signal both easy and self-explanatory. With Quantum Binary Signal services, traders can be assured of good returns and outstanding service. Quantum Binary Signal services are useful for both new traders and those with extensive binary option trading experience.
We found their innovative use of various strategies to be an excellent way to accumulate returns in a relatively short time period. Overall, Quantum Binary Signal services were excellent and we highly recommend them as an essential asset for all new and experienced traders across all trading platforms.
In conclusion, it is important to take into consideration the cost of the binary options signals. If you will be charged a monthly fee, you need to make sure that this is something that can be easily covered from the amount of profits you earn from trading on the provided signals. It is critical that you take the cost into consideration when factoring your overall potential profit.
Types of Binary Options Signals
There are a variety of different types of binary options trading signals, each with their own pros and cons. We have included a brief description of each to help you determine which type is best for you considering your availability, resources, and level of experience.
Binary options signals and trading options need to be classified and/or organized in lines according to the different types of the aforementioned assets. Traders should only utilize those signals which are in accordance with the type of assets that hold their interest.
For example, a trader who has chose to trade those stocks will best profit using signals such as those provided by Pepsi, Microsoft, Apple and so forth. Trades should be deemed appropriate and application for the specific trader.
Push & Act
Push and Act Signals are one type of trading signal that are offered in binary options. Push signals will receive a notification that normally requires immediate actions. Normally, with other types of signals, traders must wait for the price to reach the indicated price and then act upon the signal recommendations and instructions, hence the term “act” signals.
Of course, both of these signal types have their pros and cons. Push Signals have a con in that they must been seen immediately for the trader to be able to benefit from the signal. However, push signals tend to be extremely reliable.
One of pros for Act Signals is that the trader can miss the signal initially as long as they do not miss the trading level. However, as they have to wait this, waiting could become an issue as a great number of the variables may fluctuate and affect the level price needed for the trade.
Copy Trading Signals
Copy Trading Signals are one of the most popular binary options trading signals. They are provided in real time, based on the expertise of seasoned traders. This method allows users the ability to copy signals from other traders, especially those who have proven results, in an effort to reap the benefits of the binary options market.
Most brokers offer a copy trading option as part of their platform or service as there is a great variety of exceptional copy trading signal providers from which to choose. For example, programs such as the extremely popular MT4 have this option built into their trading software service. All you need to do is access the service and it will then automatically copy trades from the expert and seasoned traders.
Some signal providers provide signal alerts via SMS on your smartphone, tablet or other mobile devices. SMS signals are basically a simple text message that advises you as to which assets you should trade and will inform you when and why certain trades are imperative. SMS alerts can also give you the latest news about market trends and other such vital information before they actually occur.
Manual Trading Signals
With this type of signal, you have the ability to manually set and place up your trades. This is usually done through a social network or group. You may also receive signal alerts via a Skype uplink or through an online trading community or group.
These signals are sent manually as opposed to an automatic analytical program so you will be granted the ability to keep up with expert traders. Most SMS signal alerts also contain information as to why that particular trend or trade is crucial. This provides you with the opportunity for on-hands experience and knowledge about market trends and analysis.
Live Trading Signals
If you wish to have the best insight into the exciting world of binary options trading, live signals offer you the opportunity to witness a live trading session via live communication (live video streaming, etc.). This way you are able to experience firsthand information on how traders analyze trends and make trades during the actual trading process.
Auto Trading Signals
Auto trading signal software applications are designed to not only analyze, predict and provide traders with reliable trading signals but also to automatically place the trade on behalf of the investor. This is perhaps the easiest method of trading, but one needs to remember that they are not automatically guaranteed to receive the best trading signals.
It is crucial when you utilize this type of software to ensure that you are using the best trading system that is available on the market in order to minimize risk while maximizing profit.
However, if you use reliable auto trading software, you can depend on the software to do the work and you don’t even have to be sitting in front of a computer or mobile device constantly monitoring the entire trading process. Imagine walking on the beach while the system makes money on your behalf. It doesn’t get any less complicated than that!
How Binary Options Signals Boost Profits:
Those who regularly trade binary options are always looking for fresh trading opportunities and new and innovative ways to make a profit. Technical and fundamental analysis consistently remains the two basic concepts of binary option trading.
- Technical analysis is the concept that the various recurring patterns that occur in charts and graphs will reveal the way the prices will move in the future.
- Fundamental analysis is a means of analyzing the long term indicators of growth including liquidity analysis, capital structure, price-earnings ratio and market movement, among other factors.
It takes a great deal of trading experience to be able to fully grasp and utilize both of these forms of analysis. For those traders who lack the time and experience to perform this type of intense analysis, trading signals are an excellent opinion. Potential trading scenarios are created by professional and experienced traders to form recommendations to help traders decide how to trade.
In the typical scenario, these will list the expiry time, strike price and the recommended direction a trader should enter before placing a trade. Thus the probability of a successful trade likely increases due to the fact that the signal comes from someone with knowledge and expertise.
There is a much higher chance of success this way as opposed to when traders initiate their own trading decisions.
How Traders Utilize Signals for Their Benefit
There are several ways of delivering signals to potential traders. They are as follows:
- Signals in text form can be copied directly into the trading platforms. After this occurs, the trade will be initiated by the trader.
- Signals may be sent as a computer or software instruction. If this is the case, the trader simply needs to click a button and the trade will be instantly placed for them.
- Another method is “auto-trading.” This is when the signal is directly fed into the trading system. Everything is done automatically via the software application, so there is no need physical for the trader need to place trades with this method. With some automated trading system, the signals are fed automatically into the trading interface, while more user-friendly systems will do so directly from the server. In the latter, the trader doesn’t even need to load the trading interface in order to trade binary options.
Until recently, it was the norm to have to pay for signal services. And they were quite costly at one time. However as the binary options industry is constantly progressing and changing for the better as it becomes increasingly popular, we see an increase in free trading service.
However, one must remember that binary options signals do have an expiry time so they must be placed before time runs out. Signals may also be received via notifications such as emails, SMS and direct signals software.
How are Binary Options Trading Signals Formed?
Binary options signals may be traded on the basis of both fundamental and technical analysis. Algo trading is usually the result of a series of indicators and trade line strategies as these are the simplest means for computer interpretation. There are quite a few financial indicators used by both computer algorithms and actual traders. The most popular are as follows:
Traders who wish to trade independently can do so once they have mastered the fine art of market analysis. However, this does not mean that signals are not an effective means of earning additional profits, even for expert traders. Signals are a great way for experienced traders to expand their market portfolio by greatly increasing the overall number of trades they are able to place.
Even the most professional traders can only analyze so many profitable trades on their own. Signals therefore are an excellent means of creating more trading opportunities.
One of the most critical aspects in binary options trading is to make sure that you are choosing only the most professional and experienced signal providers in the binary options trading market.
Successful and trustworthy services can average a winning rate of over 65%, according to the most current reports. A great number of automated trading systems are trying to implement mathematical and algorithmic trading methods, but those experts who have a lot of financial background and experience still offer the most favourable choice for trading binary options.
It takes a great deal of time and knowledge to oversee all of the binary options markets. The majority of novice traders and even those with a great deal of experience simply do not have time to keep up with all of the various markets.
So instead of trying to interpret and analyze the current market trends on an ongoing basis, most traders prefer to use manual signal providers or automated trading software systems.
One of the problems, however, when utilizing binary options signals is that a great deal of the automated trading and signal provider programs available these days turn out to be scams that instead of providing helpful information, end up stealing the traders money and credit card information, leaving them with empty wallet feeling rather confused and foolish.
For this very reason, to protect traders and their money we have compiled a list of the best binary options signal providers that are currently being offered online. These services have outstanding customer service, technical support and have a solid reputation for providing trusted and profitable services for their clientele.
If you make use of the list of reliable service provides, you can rest assured that you will not fall victim to one of the many binary options scams that are being offered every day on the internet.
If you wish to earn money trading binary options without any experience, or prior knowledge, you can easily utilize a respectable binary options signal service. These binary options automated trading systems and signal provides are arranged according to the quality and level of service provided.
How Do Binary Options Trading Signals Work
The most successful way to earn a profit in binary options trading is to utilize the statistical and technical analysis provided by the signal providers in order to stay on top of the current marketing trends.
A “trend” is a pattern of behaviour that can be predicted over a certain period of time. In order to save traders time, effort and energy they would normally spend trying to follow and analyze the market, these companies have designed software programs and applications dedicated to analyzing and interpreting these market trends.
One of the issues in using statistical analysis and trying to predict market trends on your own is that you may have to spend hours watching the financial market in order to be able to successfully recognize a current trend.
Say for instance a particular asset is rising steadily, but then falls into an unexpected and sudden decline, the probability is that that asset will “bounce” up once again. Expert traders will analyze the initial drop and then determine whether or not to act upon the asset, which will increase the market value. This is the optimum time to make a “call,” or predict that the value of the asset will rise.
In order to be able to appreciate and accurately predict these trends such as these (which, by the way, are the easiest trends to predict), one would have to spend hours watching the market, with multiple screens displaying charts and graphs for a variety of assets and then if you are quick and astute enough, you may notice one of these trends.
Chances are, there is so much information to process and so much live action happening at one time that you will more than likely miss out on a good trading opportunity.
With the most trusted binary options signal services, the computer will do all of the work so you don’t have to worry whether or not you are making the right move. Instead of you having to constantly monitor numerous trades, analyze graphs, charts and stats in the hopes that you will, in fact, notice a favourable trade, the signal provider will do all of this on your behalf.
They will stay on top of the market and notify you of any developing trends, thus saving you countless hours in front of your computer and losing out on a potentially profitable trade.
How We Review the Providers
Even though using binary signals sounds like a great idea, especially if you are totally new to the trading market, it could be catastrophic results if you go with the wrong system. This is especially true in the case of auto trading software systems. You could lose a large sum of money if you depend on a system that uses an unconventional trading method that turns out to be fraudulent.
This is why it is imperative that you take the time to research the top provides. By taking a few minutes to read both on and off-site reviews as well as genuine customer feedback you will be able to choose the most trusted signal provides and thus protect your investment.
This is why our site is so handy and informative. We have already done all of the research and legwork so you don’t have to spend hours pouring over customer reviews and reading hours of online materials about binary options trading. We have actually made use of these signal services and can give you our honest feedback as to which methods are the most reliable for trading binary options.
We complete a thorough investigation of the many different providers online and then review and recommend only those that we trust. This can save you countless hours of research as well the time and effort of having to try out different providers thru trial and effort in the hopes of finding a trusted signal provider.
How to Decide if They Are Right for You
If you are still unsure if signal providers are the best option for you personally, then you need to ask yourself if you have the time needed to analyze a multitude of trading assets over extended continuous time periods in order to be able to familiarize yourself with the market, recognize, analyze and predict trends and be able to read and analyze multiple graphs and charts.
Utilizing the services of a reliable signal provider can provide you with the ability to make acute trade predictions as well as to have the ability to access the latest signals via email, SMS, or online platforms which provide you with the ability to quickly place a trade on those signals.
With the aid of a respected binary options trading signal provider, you can rest assured that the data you have received has been scrutinized by experts using highly sophisticated algorithms and other analytical tools to provide you with reliable and accurate trading opportunities. The providers that we have listed on our site have the reputation as being the best binary options trading signal providers.
You can feel secure in knowing that all of the trading signals provided by these traders come from the best of the best, including the most experienced traders and brokers on the market.
The access to real-time trading information provided by the majority of the top signal providers and trading software will aid you in knowing which assets to trade as well as the ability to fully understand the meaning and purpose behind the trade.
This information will provide you with an ongoing learning process so you can hone your personal trading skills based on the advice of experts as well as exceptional trading tools and accurate data and signal analysis.
How to Choose The Best Provider
There are quite a few factors to take into consideration when trying to find the best binary options signal providers. We have provided a list of things to keep in mind in your decision process:
- Pricing – Pricing varies by a provider as there is no standard set pricing for binary options trading software or signal providers, however, the old saying “you get what you pay for” can be applied to these providers. There are respectable brokers that do offer reasonable discounts provided you actually sign up with their service. However, it is always recommended that you do the comparison before you shop so you can find the provider with the best rates.
- Reliability – Obviously, reliability is one of the main things you should look for in a binary options signal provider. You will be able to use the information on this site to help you choose the most reliable provider as we only list those that have a successful track record for quality service.
- Win Rate – Of course, you want to opt for the provider that offers the best win rate. A great may providers have win rates of 80% or higher. You can easily obtain this information from the FAQ section on their website, their promotional video and often the win rate is posted on the homepage of their website.
- Support – Lastly, you should ensure that you only choose a provider that offers outstanding customer and technical support. This way should you have any issues or concerns, you will have 24/7 support. Most, if not all, of the services listed on our website do provide round the clock support for their registered clients.
Free Binary Signals
A great many of binary signal service providers are actually free of charge and we have listed these on our site as well. Free signals are an excellent way to learn more about binary options trading assets with helpful insights from trading experts. This also allows to you have the ability to analyze market trends and other such information on your own accord.
As well, you will be offered expert opinions to give you additional guidance as to how to recognize and analyze market trends so you can place winning trades.
In addition, many of these free providers also offer signup bonuses as well as special promotions and discounts for those traders who stick with their services for a specific time frame.
However, there is a downside to free services. Often the free binary options signals provided by these services are in the form of weekly review, articles and charts that summarize market details and analysis. You are therefore required to do a lot of your own research and analysis, including reading the articles, monitoring the charts and market commodities before you can make an informed decision on which assets you wish to trade.
Paid providers, on the other hand, will typically do all of this for you thus giving you the most favourable movements and trends, as well as advice on how to these trends will ultimately affect the market.
Essentially, if you wish to learn how to interpret the market, recognize trends, have an understanding as to how the market fluctuate, and how to choose the best assets under any conditions, free trading signals can be extremely beneficial.
However, if you are completely new to the world of binary options trading or don’t have the time to spend hours doing your own research and analyze and learn how to anticipate the best trends, you are better off choosing a paid signal provider that provides consistent and high-quality service to its clientele.
Despite the speculation amongst the trading circles, there are a lot of providers that offer free trading signals such as PorterFinance, StockPair, 24option.com, Anyoption, and Grand Option, amongst others.
The Reality: Can You Make Money Trading Binary Options?
You are probably wondering if obtaining a profit with binary options and actually earning real money with binary options signals is in fact, a reality. The short answer to this question is: Absolutely!
However, you should be aware that there is no 100% guarantee that every trade you make is going to be a winning trade. But, if you have decided to do so on your own, without the benefit of trading signals, you most likely will not achieve nearly the same win rate as you will with the best signal providers.
Also, you will have to invest a great deal of time and effort studying the market, interpreting graphs and charts, analyzing stats, and trying to make an educated decision without any expert advice.
Chances are, if you make use of our reviews of top-notch binary options signal providers, you will have a great deal more success than if you were to trade on your own accord. Obviously, the more time, money and effort you invest in trading binary options, the more money you will earn.
How to Avoid Being Scammed by Fraudulent Signal Providers
In our experience there are three main ways to avoid scams when choosing a signal provider:
- Look for Reviews Offsite
It is always wise to take the time to search for online reviews of signal services on other websites such as trading and financial forums, Youtube and so forth. Forums are the best resources as you will have access to real reviews from actual users, or forum members, who will give an honest and unbiased opinion of the service in order to get real feedback from trades who have used that particular service. Youtube is also a good place to look as you get to see a video that shows an actual performance of the provider without having to pay for the software. Also, you should avoid reading reviews from scam affiliated sites that are paid to write reviews by the screen signal providers in order to promote their services.
- Look for Genuine Proof of Real Earnings
This is a crucial thing to look for when choosing a signal provider service. If they are not willing to provide real proof of profits on their website, you should always ask for proof of their results before investing your money with their system. The proof provided should include actual screenshots of trading results taken over an extended period of time and a detailed table documenting their trading outcomes.
- Utilize a Free Demo Account
You should always try to utilize a free demo account before investing your hard-earned money with a signal provider service. You should be wary of a signal service that does not offer a free demo account but rather forces you to open an actual account with one of their brokers before you can have access to the system, especially the ability to view live trades.
Reconciling The Cost of Signal Services
There are reasons to justify the cost of signal services that will make it worth your while. A number of providers offer free alerts for their clients. They will send you daily trade recommendations without the cost of a monthly or yearly subscription fee for this service.
However, you should always be cautious before acting upon these recommendations. Always track the results and ensure they have in fact provided a reasonable percentage of winning trades. The provider might not be concerned with retaining clients if the service is free of charge so they might not feel obligated to provide winning signals.
The majority of reliable binary options signal providers that we have recommended in our list do require a paid subscription for their services. The average cost ranges from $97 to several hundreds of dollars for a monthly fee. However, providers such as Binary Options Pro Signals, BOP Signals, offer a $7 weeklong trial.
You are probably asking yourself if it is worth paying this kind of money for these services? The simple answer is that it all depends on how serious you are about binary options trading. If you barely trade, you don’t want to spend upwards of $97 for a service that you hardly use, it wouldn’t be worth your investment.
However, if you are paying $397 monthly and you place several winning trades a day using the signals provided, you might earn several thousands of dollars a month, thus making the cost worthwhile as it is just a small percentage of your profits.
Before you decide to pay for a binary options signal service, you should realistically consider the amount of time you will spend trading. A serious trader who decides to cut costs by forgoing paying for a service might initially save a few dollars but could be in essence losing out on hundreds, if not thousands of dollars in profit.
Are Binary Options Trading Signals Enough of a Resource?
You might be wondering you should also continue to do your own research while paying for a signal service. Do you need to spend your free time analyzing charts, assets and contracts even though out are paying for a service to carry out these tasks for you?
Quite frankly, there is no easy answer to this question. In the event that you were guaranteed to profit on every single recommendation provided by the signal service, you would not have the need to do your own legwork.
However, as this is not guaranteed by any signal provider, you still stand the chance of losing your investment acting upon the recommendations provided by the service.
Taking this into consideration, it is always beneficial to learn as much as you can about the assets which you are trading as well as the factors that may affect their costs. For example, what factors could cause the cost of a particular asset to rise or fall?
Why do shares follow certain trends, especially after the prediction or call of a market analysis? What factors can influence the rate of specific currency pairs?
Obviously, taking some time to do your own research can serve as an additional check and balance to ensure that the signals you have received are in fact sensible. This can only bode well on your end as it increases your chances of earning a profit and also stopping you from losing money on a questionable trade.
Checklist for Binary Trading Signals
We simply cannot stress enough how critical it is for you to seriously check out a provider before you commit to their services. There are some important factors you can take into consideration to help you weed out those providers that will not be beneficial for your trading needs.
Below are 5 key areas you should critique when trying to find out the reliability of the signals:
1. Timing of Alerts
People using signal alerts for a plethora of reasons. Many utilize signal providers to add some diversity to their trading or as a means of increasing profits. Others may use signal services solely as their means for profiting from binary options trading.
Binary options trading signals are becoming overwhelming popular as a second means of income. Therefore for those who already have a busy day or a full-time job, you might wish to consider the fact that trading signals are both practical and resourceful.
You have the option of either “ad hoc” or “set time” signals. Set time signals are the wiser choice if out do not have ample time to check your account during the course of your day.
2. Speed of Delivery
It is imperative that to your rate of success in trading that you have the ability to place the trades as soon as you can after receiving the signal alert. Financial markets have a reputation for rapid movement so it is crucial that there is little to no time delay between the generation of the signal and the time the actual signal alert is placed in your account.
The majority of providers offer the options of SMS delivery; this is almost an instantaneous notice of when to act on a trade. Also keep an eye out for those signals generated from clients on chats and forums. Skype is becoming an increasingly popular means of communication for binary trading and is extremely beneficial if you happen to be in front of your computer or mobile device.
3. Risk Levels
Never fail to remember that there is always an element of risk involved in financial trading or forex trading. Your signal service may have provided you with certain money management rules, and you should always keep these in mind.
This especially applies if you are planning to work with more than one signal provider of if you are also consecutively trading on your own accord in your personal trading account.
You should always pay strict attention to your alerts as your signal provider may end up sending the same signals for a specific trade and this could result in you doubling your risk.
A good rule of thumb is to always adhere to strict money making practices. Never risk more than 2-5% of your investment on any one asset. If you are going utilize more than one signal providing service you should find out which assets are offered by each to add diversity to your trading portfolio.
4. Performance and Results
This, of course, is quite obvious. If you have not yet made use of the service you have no idea as to how well it performs. In this case, you will have to rely solely on the results that are published on the signal services website.
However, it goes without saying that these results should be taken with a grain of salt. It is highly unlikely that a provider will display poor results as this will be a deterrent from gaining new subscribers.
This information will, however, allow you to find out a little more about the provider. You will at least be able to see how the signals are generated and sent, their expiry time and what assets are being offered by the signal provider.
5. Demo Trade
Realistically, the only way you will be able to make an accurate assessment of performance is to start acting on the signals. However, this is not something you are left to do right off the bat.
However tempted you may be to rely on past performances in your eagerness to make money, you should take the time to practice trading on the demo account with your signal alerts for a few weeks before actually placing a live trade in order to test them.
Fully take advantage of any trial periods to test out the signals. This gives you ample time to see critique the level of prominence as well as additional time to fine tune any issues you might encounter in the process of trading the signals.
You should only consider live trading once you are completely comfortable with the process and have achieved satisfactory results from your practice trades.Best Binary Options Brokers 2020:
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