Binary options live signals review
binary options live signals review Binaryoptions-live-signals. com. Binaryoptions-live-signal. com (Bls. com from here foreward) is yet another binary options signal service claiming to have the highest returns. This SSP uses a Skype interface to provide real time signals from a group of professional traders.
They have a variety of packages available and all for free, kind of. There is no fee for the service, and you can choose to use whichever broker you wish, but to get the full package you must use their chosen broker, Safe24Options. com. Once you’ve signed up trading is as simple as choosing a trading session and awaiting the signals. There are quite a few different sessions available, corresponding to the different international markets. Signals are generated for forex binary options and 60 second trading.
The forex sessions are all equal to the daily session for the Japanese market, Australian market, U. S. market and so forth. The 60 Second trading sessions are all 30 minutes long and are tailored to suit each market. Bls. com trades on only 6 currency pairs.
This is a little limited but if you’re letting someone else make trade decisions for you why does it matter. Signals are issued in a format telling you to buy a call or a put and at what price to target. The Good, The Bad and The Ugly. There are some good points to this SSP that I would like to point out.
The Skype interface is pretty cool. This is a great use of the service and provides a valid source of real time signals, provided there are no connection issues. They claim to have a 75-85% win rate and based on the information provided that looks to be accurate.
You can test this out by signing up for the free 3-day trial. This however is when the good points begin to fade away and I have to call BS on the whole thing. Once you use the free trial the only way to keep your “free” SSP is to sign up with their “trusted” broker. You know what that means?
A big fat affiliate marketing scheme. As for bad, I do not think very highly of 60 second trading. The time frame is just to short to be truly predictable. The reason binary options brokers like to promote this form of trading is because they make a lot of money off of it. Adding to that is the lag time involved with accepting someone else signals.
Sure Skype is fast but it is not instant. Once a signal is taken by the trader it most be typed and sent, then received and acted upon by you, the trader. How much time does that take?
The option is only good for a minute, how much time can you waste getting into a position like that? The Binary Options Guru - Reviews of binary options signals , brokers & robots - Yours and mine. This is my review of the Binary Options Trading Signals service by Franco. I am going to give you some important info that you cannot find on the official website. There is no trial period offered.
So you should read carefully this whole binary options signals review. This one is a lot different from any other binary options signals provider out there. It is live and it is not for everyone.
You connect to a live trading room. On your screen you get the screen of a professional binary options trader, Franco. What you see is the charts of various assets like EURUSD, USDJPY, Google stocks etc.
But the real deal is that you get live binary options trading signals on that charts with the form of an arrow pointing up for “call or buy” and down for “put or sell”.You get the sound, as well, and you can listen live what Franco says. He describes several market conditions.
Whether you should place a trade, whether there are any news and you should stop trading and many more. In addition, you know from the beginning if a day is not very good for trading. You cannot have this with a binary options trading signal service that sends the alerts by email or sms. You cannot have this with a binary options trading software, as well.
Summary of the live binary options trading signals by Franco. Lets talk about the crucial points of this binary options trading signals review. Franco uses a binary options signals software to give his alerts. The one that you get on your screen. While the main software is available for anyone, Franco owns the signals algorithm.
It is based on 6 different trading that of course he does not reveal -). It is a binary options trading signals software that I have not seen anywhere else. The binary options signals that you get live on your screen are short-term signals,60 seconds 2 minutes and 5 minutes signals. Sometimes Franco uses 15 minutes signals but he has removed them for now. Most of the binary options trading signals are 60 seconds so there is no problem.
Most binary options brokers offer them. For the 2 minutes and 5 minutes signals you can open account with GTOptions or get here 150% bonus or 5 risk free trades. It is one of the best options brokers that offer all three and more short-term binary trading options and accept US traders (see my regulated brokers list & comparison). Binary Options Trading Signals – live screen when Franco places a trade. Franco opens the binary options trading signals live room at 930am to 1130am EST.
This is something that may cause a problem for those in America that work in a regular schedule. But if you live in Europe, Russia, Middle East or Asia it is the ideal time frame. LIVE BINARY OPTIONS SIGNALS.
We are a group of Professional Traders that provide expert Binary Options Signals which you can follow and use to win 78% of your trades. We are currently ahead of the curve, we use Strategies that work not one year ago, not yesterday, strategies that work TODAY! We trade using both Fundamental and Technical Analysis and advanced custom made indicators. Our goal is not just to have the best customer support but a LEGENDARY one.
Our support stuff and account managers are here for you 246. Our Signals Accuracy (%) Our live trading signals are delivered via Skype during our 7 daily trading sessions, with the Asset, Price, Direction, Expiry and Money Management advise. For example if we want you to Call Euro vs United States Dollar at 1003 GMT with price of 1.12687, for 1015 Expiry and advise to invest 5% of your total budget on that particular trade we would send you the signal in such a format Call, EurUsd, 1.12687, 1015, 5%. The only thing you need to do is push the Call button on your broker as soon as you can using that info and roughly 80 out of 100 times you will be in the money. ? What are Binary Options Signals? A Binary Options Signal is an instant Skype message alert instructing a trader on how to enter a new trade.
Binary Options Signals end as soon as the asset(s market is closed and the final price level is established upon expiry. Short-term signals expire at the end of the current hour while some services offer 60 second, 5 minutes and 15 minutes signals and in this case, instead of providing trading signals via Skype, they use trade copying technology to avoid any manual action on your behalf. This kind of services is referred to as TRADE COPIER, TRADE COPIER robot or as we call it, the Binary Options TRADE COPIER program.
? Is Binary Options Signals for me? If you have the time to follow our signals on at least 2 out of our 7 daily live sessions certainly this can be a fit for you. However, if you work 8 hours a day and don(t have time to place the trades manually, your best choice would be our Binary Options TRADE COPIER program. The Binary Options Guru - Reviews of binary options signals , brokers & robots - Yours and mine. What is binary options trading? Experienced people always say, don’t put all your eggs in one basket.
So, when it comes to making an investment, we should keep all the roads open and not only stick to the conventional options of investment. Binary options are an easy way of investing your money and earn good returns. But you should be really careful. There are a lot of scams out there! What are binary options?
A binary option is a type of financial “bet” with either some fixed payoff or nothing at all. It depends on whether the option expires in the money or out of the money. Thus, it is called binary.
There are many terms which an investor needs to know if he plans to invest in binary options. What is “in the money”,what is one touch binary option, what is highlow etc? View examples and watch a video about what binary options are in my binary options basics page. What are Binary Options Signals?
There are some experienced analysts that keep track of the markets. When they find a trading opportunity they send you simple instructions on when and how to trade. They send these alerts via email, SMS or they post them on a live web page.
These are the Binary Options Signals. Signals along with Binary Options Robots can help a beginner but an experienced trader, as well. With a good signal provider, you can stay assured that you lose fewer trades. It helps you be more successful as a binary options trader.
You should get yourself registered with a trusted and reputed signal provider. This way you can save lots of time and concentrate on your trading only to earn more profits. But be careful, there are a lot of scams out there. But be careful, there are a lot of scams out there. What is a Binary Options Robot?
Binary Options Auto Trading. A Binary Options Robot is automated trading software for binary options. It provides constantly Binary Options Signals and then trades them in your Binary Options Broker account automatically. With the help of excellent technology improvements in the recent years, the traders now have this amazing opportunity of binary options trading in a simple way.
This is also known as Binary Options Auto Trading as no human element is involved in it. The whole trading takes place automatically and relies completely on binary trading signals. What is a Binary Options Broker? Binary options brokers are the companies who manage the investments and money of the traders by providing them an online trading platform which the investors can use to trade and earn profits.
They earn money depending upon the number of customers associated with them. They provide all the necessary services to their clients and help them in trading. There are two ways by which these brokers can make money. The first one is by charging a commission on the purchases made by the trader. This is mainly used in normal trading.
The second one is by cashing in the money lost by the traders. Most of the cases it is only the second one. Explore more to understand How binary options Brokers make money. While choosing a broker for your investment, you should properly check about its reputation.
This way you could save yourself from unnecessary troubles while trading. Just like other online transactions, Binary Options can also have scams. But as an informed trader, you should know how can you avoid such scams and be safe. There are several ways by which you can avoid these scams and have a secure trading.
These are Check twice about a broker before investing your hard earned money with him. Choose a reputed and trusted one only. You should understand that Binary Options trading includes risk. Make your investments keeping this in mind, at least in the initial stages. The brokers downplaying the risk element should not be trusted.
Though it may look difficult to you, read all the mentioned terms and conditions thoroughly before investing. It gives you a clear picture of all the policies. The brokers are supposed to keep all the information about you to be private. If they breach this privacy, it may be a clear signal of a scam and you should get attentive.
If a broker refuses to pay your earned money, it also signals a scam. You should immediately get alerted and take the needful action. Why use a Binary Options Demo Account?
If you are new to Binary Options trading, creating a demo account is a good way to get yourself acclimatized. What is a binary options demo account? It is also known as a practice account as you can make real time trades through it without depositing any money. Thus, it is also called no deposit demo account. It is like a real account but you are trading with “fake” money and not yours.
It is just like a practice session for the new traders. Beginners get to learn so many things about the trading platform without the risk of losing real money. 60 Seconds Binary Options.
This is a fast-growing type of Binary Options trading. They can get large returns for you almost instantly. But you should be cautious enough while dealing with the risk involved with them is also more. A secret for successful 60 seconds binary trading is that you should not trade each minute. Rather, you should be patient and wait for good openings.
This is quite akin to day trading. A good trader can earn huge returns in a short time if there are good opportunities. I was never successful at 60 seconds trading. It is not for me. Only with binary options signals I was able to make money with it. How to trade binary options?
I am not going to present you any strategy here. The easiest way is to find the best signal provider and trade with one of the best brokers. There are many binary options strategies for experienced traders and beginners but is outside the scope of my site.
What is binary options trading software? The term binary options trading software may refer to software used by traders to find trading opportunities. They are mainly preferred by the people who want to try out the latest technologies and also by the frustrated investors. Investors who want to earn more profits along with the new ones also prefer using a trading software.
Binary options software may refer to the platform through which the whole trading takes place. A trading software helps in improving the liquidity of binary options investing. They allow the brokers to offer a wide range of assets for investment as they attract more capital towards the Binary Options market. They also increase the turnover of the companies by bringing more customers for the brokers. Review Of Binary Options Trading Signals Service.
I have received a few request to take a look at Binary Options Trading Signals (BOTS), which provides exactly what the name suggests. This is another of the many providers serving up signals for binary traders and to the best of my knowledge, one of the more popular. While having previously been put off by the high pricing, my attention was drawn to a recent good run of results provided by a colleague. How The Service Works.
While most trading signal services use the tried and tested method of delivering signal alerts (email, SMS, Skype) the attraction of this service is that it provides something a little different. Rather than providing ‘passive’ signals, it makes use of a live web session which you log in into. This allows you to ‘watch over the shoulder’ of a pro trader and comes a lot closer to ‘mentoring’ than many of the other services currently on the market.
From this web based window you are connected directly to the trading screen of ‘Franco’. This is the trader behind this service. You can watch him trade as he finds opportunities and instructs you via the chat facility. Sessions are designed so that you can see what he is doing and replicate the trades in your own account. The trading window runs from 0930-11-30 AM EST (Eastern Time).
You need to be around at these times to watch for any opportunities which are signaled. Contracts tend to be placed primarily on the Forex markets, in particular the EURUSD pair. Two principal contracts are used, the 60 second and 15 minute.
Franco himself trades with this broker but any broker offering access to these contracts will be good to use. It also seemed when in the trading room that as well as 24Option, many of the other traders were making use of the sixty second contracts offered by Traderush. After signing up and logging in you will be greeted by a series of motivational videos. These confirm that you are connected.
A chat window is provided at the bottom of the screen. From this window you can communicate directly with Franco and other traders following the system. A Skype address is also provided to aid communication with other members of the trading group. If you are new you can request a link to provide you with further details of how the service works.
Trading And Chat Window. Binary Options Trading Signals. If you have used any other binary options trading signals then this is something of a departure from how most operate. Firstly, you need to be able to set aside the two hours each day to log in and trade.
Secondly you need to concentrate on the instructions give. This is particularly important due to the short time-frames involved. Thirdly you need to be aware of the risks. This system uses ‘martingale’ to recover losses.
This is always a contentious issue but it does seem to work well with the Four candle trading system which is used. A lot of interaction takes place in the trading room where you can gain some interesting advice and trading info. The central objective of the service is listed as aiming ‘to win the week’.
From this I understand that each trading week is taken as a separate benchmark. This will obviously have some influence as to any positions that are taken in the later part of the week, as you would expect the vendor to want to preserve any early profits that are made. With this in mind the service aims to provide on average, three to five signals per day during the specified trading window. The actual performance achieved is hard to discern from the website and in truth, it will depend on how you trade the suggested signals. As the money management system used is based on martingale then you can still lose a number of positions and end up making a profit.
Unlike most of the signal providers I have looked at previously, there is no opportunity to try this one out before signing up. So unfortunately it is a case of handing over your money and hoping that it will both fit in with your requirements and deliver some profits. The pricing is quite high when compared to some services – $99 for two weeks. However this should be considered in the context of what you are getting for your money. Two hours of live trading and mentoring each day and the chance to earn some high returns. When you consider it this actually quite cheap.
There is a good element of education here as well which you don’t get from simple email signals. The service is somewhat hard to provide concrete test results for due to the way in which the strategy works. Therefore rather than listing each position taken over a single subscription cycle (two weeks), I will instead post the number of winning and losing trades that I made each session and the percentage of profit or loss made on my total account balance.
Once the testing period has been completed the review will be updated with further thoughts on this service. * I should note that trades are being placed at 5% of account balance which is reflected in the results shown below. So the total return is given as a percentage of the return made on total starting capital. Fixed trades are used at $100 per contract. Trading Record Week 1. Monday 5th November – 7 wins 3 losses Return +16% Tues 6th November – 7 wins 0 losses 2 break-even Return +30% Wednesday 7th November – 3 wins 0 losses Return +10.5% (only traded the first 45 mins due to appointment) Thursday 8th November – 3 wins 1 loss Return +10% Friday 9th November – 4 wins 2 losses Return +12.5% Total for week (trading fixed contract sizes of 5% of account) – Return +79% So an update on the ‘Binary Options Trading Signals’ service which I have been live testing after the first week.
I’ve received a number of comments and emails about this service so I will try to answer to clarify how this works. As mentioned in the main review, this is somewhat different from many of the signals services on the market. You are not just sent a signal.
Instead trading takes place via on an online session which lasts for two hours each day. During this time members can interact with both each other and Franco. Displayed on the screen are Franco’s charts on which he runs his proprietary trading algorithm. When a signal is generated members are alerted and can place the trade in their own accounts.
Trading opportunities are signaled as both second’ (1 opportunity) or long term (generally a fifteen minutes). For the ‘long term’ trades it is up to the member how many 60 second trades they place within the signal. This leads to widely different results between the traders as ultimately it comes down the individual as to how much risk they want to take. I have taken a very conservative approach but some of the traders seem to be ‘killing it’ to coin a phrase used by Franco himself. It is not uncommon to see some of the more experienced traders in the room posting anything from 5-0, 12-0 wins in one session !
What’s Behind the System? The methodology used is known as the ‘Four Candle’ system. It also uses Martingale money management So if you lose on the first 60 second trade you then double your trade size for the next.
If you lose on the second you double again and so on until the forth candle. While I generally don’t like this approach and appreciate it may not be for everyone, you have to look at the results and draw your own conclusions. Also in the mix are a few longer term hourly and end of day trade signals. So far signals have been given for various Forex pairs, oil, gold, silver, Google and Apple to name a few. So a good mix of assets.
After the first week, trading conservatively with 5% of my capital I was able to produce some very good results. And I must saying I am thoroughly looking forward to joining the guys online again next week, to both learn and hopefully profit some more. As a note where the results show a ‘loss’ and a profit is shown, this is where a second ‘double’ trade was used. So for example, on Monday the actual results had were a a win, win, a loss and a win (using double stake). I have seen some third candle trades being taken and it seems.
Trading Record Week 2. Monday 12th November – 3 wins 1 loss Return 10% Tuesday 13th November – 4 wins 0 losses Return 15% I took the liberty of recording the first ten sets of results posted by traders of the service at the end of the session to provide an example of the spread of returns being made by users of the service (wins versus losses – 16-0, 9-3, 4-1, 3-0, 2-2, 5-1, 7-0, 8-1, 3-1, 2-1) Wednesday 14th November – 5 wins 0 losses Return 18% Thursday 15th November – 7 wins 1 loss Return 25% Friday 16th November – 5 wins 0 losses Return 18% Total for week (trading fixed contract sizes of 5% of account) – Return +86% So the two weeks of testing are up and it is time for me to summarize my feelings on the service. The first thing to reiterate is that this is not a ‘conventional’ signal service in the vein of say Binary Options Pro Signals. You don’t receive ‘blind’ trade recommendations to simply follow in your account.
Yes, you will be given signals, but you have to commit to the trading session each day. This is not just signals. There is an element of ‘trading’ involved.
While you are alerted to potential opportunities, how you interpret and place them is down to you. YOU have to enter the binary options trading signals and decide if you want to place single or multiple positions. YOU will have to be prepared to manage your risk .
As mentioned this means following a Martingale approach of doubling up your trade values following a loss. You may need to do this three times, so consequently you will need a strong stomach. (As a note I only ever encountered one ‘third’ candle trade (doubling up twice) and a couple of second candle trades (doubling up one). Of course you don’t have to follow this approach.
You can use fixed stakes on each position but your gains will be lower. This all means that you have to watch, learn and listen to what is being said. The point I am trying to make is that not all people can or are prepared to do this. If you can’t do these things don’t bother using this service – you will quickly end up blowing your account. However if you can follow the instructions provided you can make very good money.
Take the first week to just sit back and absorb what is happening and demo trade. There is nothing so technical on offer that means new traders to binary options cannot profit from using this service. Everything is explained and if you don’t understand then you can ask, with Franco is on hand throughout the trading session to answer questions.
He seems to be someone who seems to have a good understanding of the markets and an enthusiasm that is nothing short of infectious. There is really little more I can say. If you like the sound of it, sign up and give it a go. The fact that I have signed up for an additional two weeks should give you some indication of my views on this service.
And you won’t get a much better endorsement than that… About My Signals Software. John Anthony signals is easy to use and free for everyone to use! My trading indicators are custom built by programmers with more than 15 years of trading experience. Its advanced features & settings provides traders with the flexibility to follow the signals they want.
No special software required. All you need is an up to date internet browser (Chrome is recommended) or download the app to receive all my signals! When a new signal is available you will hear a bell sound. The Live Status feature will let you know the conditions of our system and the current marketics. It generates signals 5 days a week during the world foreign exchange market sessions.
The Live Signals are delivered through an easy-to-follow dashboard system in the members area with my unique Filter feature for more accuracy. My Team and I are always on Skype & Facebook to answer every concerns. Our email support are always available during business hours. Works with practically any broker giving you the freedom to trade with whoever you are comfortable with.
Check out the latest signals that you missed out on! Frequently Asked Questions. When a new signal is available you will hear a bell sound and a “New Signal” will appear in the table. As soon as it appears, check the target rate is still available on your broker (or close), choose the expiry time and execute the trade as quickly as possible before the reversal is in motion.
Once you open the trade, you can sit back and watch the trade in action. Once the trade is complete the result will appear on the table. HOW WILL THE SIGNALS BE DELIVERED?
The signals are delivered through an easy to read table system in the members area which is similar to the homepage version but without the awesome filter features and of course the Live Signals. HOW WILL I BE ALERTED TO NEW SIGNALS? New signals will be delivered dynamically to the table and there is no need to refresh the page. You will hear a bell sound (Preview MP3 or WAV) when a new signal is available it will first appear in the table as a “Prepare” signal so you have chance to get ready and it will show in the table as a “NEW SIGNAL” when the signal has been released.
WHAT TIME OF DAY WILL THE SIGNALS BE AVAILABLE? CAN I TRADE THE SIGNALS DURING ECONOMIC NEWS EVENTS? You can trade the signals at any time when they are available. We account for economic releases and during these times the signals are paused.
WHAT UNDERLYING ASSETS ARE THE SIGNALS GENERATED FOR? Currently the signals generated are for the following underlying assets EURUSD, GBPUSD, USDJPY, AUDUSD, USDCAD, NZDUSD, USDCHF, EURGBP, EURJPY, EURAUD, EURAUD, EURCAD, GBPJPY, GBPAUD, GBPCAD, GBPCHF, AUDJPY, CADJPY, CHFJPY, AUDCAD, AUDCHF, AUDCHF , CADCHF, NZDCHF, Oil, Gold(Spot), Silver(Spot), Platinum, Copper, DOW JONES 30 INDUSTRIAL (FUTURES), S&ampP 500 (FUTURES), NADSAQ COMPOSITE INDEX, DAX (Futures), FTSE 100 INDEX (FUTURES) IBEX (FUTURES), CAC (FUTURES) AND NIKKEI 225 (FUTURES) WHICH BROKER DO YOU RECOMMEND? There is absolutely no broker requirement and you are free to trade with whoever you like.
However you need to be very careful that you are trading with a legitimate broker. With all the scam stories flying around the internet I would highly recommend 24Option as they are fully regulated and are VERY large brokers that allow withdrawals for fully verified clients. Please note that these signals will not work with brokers that only offer “Option On Demand” trading such as Stockpair as the recommended expiry time will not be available.
Please contact live chat if you need further assistance. DO I NEED ANY SOFTWARE TO RUN THE SIGNALS? No, not at all.
All you need to receive the signals is a modern and up to date internet browser (Chrome is recommended).. Binary Options Trading Signals by Franco – Full Review. Here is a full review of Franco’s Binary options trading signals (BOTS). Find out if they’re really worth the subscription fee. Franco’s signals receive very good reviews from users.
The main reason for this top rating is the live connection to professional charts, strong and direct signals (not sent via email or text message) and trading support and live commentary from Franco, a professional trader who has been trading binary options for many years. When you join his trading room, you will be able to observe, learn, and apply his trading strategy. Actually the signals have been around for so long that other traders in the room developed their own strategies that work with Franco’s signals and they share them for free with new subscribers. You will be able to communicate with other international traders in the room via a live chat window. However, this service may not be suitable for everyone who is trading binary options.
Continue reading the full review to find out more or visit Franco’s official website first. Franco’s aim is very clear right from the start and it is is to win the week. Unlike most binary option signals, here you get to actually see live trading in progress.
Franco is based in Canada and trading session starts at 930 AM to 1130 AM Eastern Standard Time from Monday to Friday. His website says Your only job is to look at the signals and listen to Franco when he suggests which trades to take. His approach changed slightly and instead of placing trades himself he now focuses entirely on assisting others, mostly newcomers, and pointing out good trade opportunities. A few words about Franco’s charts.
All of Franco’s charts are set up on ThinkorSwim professional software from TD Ameritrade. At first glance his chart set up seems a bit complicated and confusing but it actually has a very logical structure. The technical indicators that can be quickly recognized are Bollinger bands, few moving averages and volumes. But there are also other, custom indicators in the form of arrows which really make his trading screen unique. These custom indicators include Buy and Sell triggers, as well as, the very important a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches 100 per cent red.
It can also be used as a good entry point when the momentum indicator turns green and suggests a strong trend. It takes a few hours to get used to his charts and to understand the relations between them. Franco constantly improves his system and his charts now include windows with 1min, 5min, and 15min charts. Very strong signals for 1, 2 and 5 minute trades, but not only..
Franco trades the most popular currency pairs EURUSD, GBPUSD, USDJPY. He used to trade more currencies in the past but now he believes his system works best with these three pairs. As mentioned earlier his team constantly try to improve the system. The Binary Options Trading Signals (BOTS) buy and sell triggers are best for 60 second, 2 and 5 minute trades.
However, because he now also includes 5 min and 15min charts in his system, it now works for longer time frames and can be also used successfully in Spot Forex trading. Because there might be a slight delay in transmission depending on where you live and the speed of your internet connection we would recommend taking 2 minute trades as opposed to 60 seconds, however this needs first to be tested on a demo. New addition to the system, Forex trading signals. As mentioned earlier Franco’s trading signals can now also be used in Forex trading.
This is a very interesting and a useful addition because as most traders agree Forex is where the real money is. With a big trend and a considerable price movements you can make a lot more than 75% of your trade amount, at times you can make as much as 300% and more! In addition to huge earning potential in Forex you have the ability to place stop losses on your trades. In binary options if you lose you trade, you lose 100% of your trade amount, in most cases, unless your broker offers 5% return on losses (you still lose 95%). In Forex, where you can place stop losses, you can set them to 20% of your traded amount and when the price action moves against your trade you will only lose 20% of your traded amount. You don’t have to be a genius in Maths to understand how setting stop-losses can improve your overall chances of earning money with trading.
The use of Martingale strategy. To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. Martingale strategy is basically taking another trade soon after the first one with double the trading amount. The idea is that your winnings will outset the losses of your first trade.
Needless to say a Martingale strategy can be very risky if used recklessly and we don’t recommend it for novice traders. Quality of Franco’s binary signals. Click image to enlarge. There is a slight learning curve in the beginning but after three trading sessions or so even a complete beginner should be able to follow Franco’s signals and be successful in trading binary options or Forex.
On request Franco can also help you set up the professional charting software on your computer and with the same technical indicators that he uses on his screen except his ‘top secret’ buysell entry indicators which supposedly took Franco and his team years to test and develop. Running the same software on your computer (additional monitor should be used) can really help with your entry timing, especially if you’re experiencing any lags in your Internet connection. Many traders who have signed up for his system go only by what they see on his monitor claiming that it is enough for them to trade on and that they don’t actually require to install any additional software on their computer.
To be fair, the trading room and Franco’s screencast is shared in HD resolution via MeetingBurner, a dedicated professional online software for screencasts and meetings. Franco’s welcome message to new subscribers. All new traders are asked to study the materials provided and be patient for the first three days.
Then, after this period if they still don’t understand how the system works they should ask questions which will be answered by him or other traders in the room who have been trading longer and understand how the system work. Franco is quite confident, and many traders in the room agree, that it takes on average 3 days to come to grips with Franco’s charts and his signals and the trading system. But after an intense week of training you will be on a verge of becoming a pro trader. Receive Franco’s trading guide with full instructions.
Every member receives a free study guide that pretty much explains the entire trading system. It’s written in a simple to follow language that any novice can understand. The guide contains clear explanations with supporting images and videos and shows a number of trade strategies that can be used with Binary Options Trading Signals (BOTS). It will teach you everything that you need to know about Franco’s own trading system and the trading systemsstrategies of some of the more experienced users in the room.
Although it’s written around the actual signals, it’s generally quite an interesting read and contains a few interesting strategies that are easy to learn and follow on the screen. If anything remains unclear you can always ask Franco directly or consult other registered members. Communicate with Franco and other traders in real time. The best part of Franco’s binary options trading signals is that everything is done live and you can communicate with Franco and other traders who are trading with you at the same time. They are scattered all over the world, most of them trading from home in the USA, Canada, UK, Australia, France, Italy, Japan, and other countries.
You can communicate with any member directly via an open chat window. Some of these traders have been using Franco’s system for quite some time and are making a very comfortable living trading with him for only 2 hours a day for 5 days a week. Trading with the same binary broker used by Franco. As mentioned earlier Franco does not place trades in front of his audience any more.
His time is now devoted to answering questions and looking for trade opportunities. You will be able to use any binary broker with this system and replicate his success rate of 85%. Having said that, Franco first started with 24option and was trading with them successfully for quite a while. Then, he switched to OptionFair. Both of these brokers offer a very similar trading platform, powered by the same engine (programming) which is excellent in terms of usability and its precision.
Both brokers have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits. Unfortunately neither broker accepts clients from the USA . This may be acceptable to Franco because he is trading from Canada but if you are trading as a US citizen we would recommend using CToptions with Franco’s signals. They offer a free demo account and a number of outstanding risk management tools not currently offered by 24option and OptionFair. What you must consider before using Franco’s signals.
Although there are many advantages to using Franco’s live signals (see a list of advantages below), there may be some potential disadvantages for some users. The biggest one is the learning curve and the fact that you need to be present and trade only at specific times using a good computer with a good internet connection. This puts you in a very active role where you need to learn to trade on Franco’s signals. (If you would like to have a more passive role in which you don’t need to follow a live trader to get the signals you might be better off trying web-based binary signals by Roger Pierce.
) Although Franco narrows it down to only 2 hours per day and teaches you the tricks of the trade and his trading system, you’re still required to place the trades yourself at the right time. This service will be especially attractive to those who are eager to learn how to trade and understand what it takes to succeed in the markets. It is not unusual that after a few months of trading with Franco his subscribers leave the service to continue successfully on their own without his custom signals. Good potential for short and long term profit.
Franco himself takes on average 2-3 trades per session and they are usually winners. When we tested Franco’s signals we got 87% (on his website it says 85%) but due to the fact that he is talking and explaining a lot of stuff to other trading room members, he misses some good trading opportunities. Having said that, his single trade amount is $250 so even 2 winning trades a day at 70% gain make him $350 per day in profit.
Some of the more active participants in the trading room make a lot more than Franco, some of them claim to make as much as $1000 a day, although that can not be confirmed with a 100% certainty. At the end of each trading session Franco asks his subscribers for their trading score, eg. 51 means that the user has won 5 trades and lost 1. There are some traders in the room who have been trading with this system for many months, and their score can be quite high, reaching 90 and 80 on some days is not uncommon. We tested the signals for a month and got the following results * Signals we followed (with Franco) 70 signals Signals Won 61 Signals Lost 6 Neutral 3 Performance rate 87.14% * Please note that past results do not guarantee or indicate future results.
Here is what we liked about Franco’s service. No software to download and install . You join the LIVE trading session simply by going to a password protected website. Quality HD streaming of Franco’s charts.
See professional charts, indicators, and analysis in HD quality. Trades are called out as they happen. All you have to do is enter the trade using a binary broker of your choice. Takes only two hours a day from Mon-Fri. All it takes is a commitment of 10 hours per week, each day from 930 to 1130 EST.
Live session with market commentary and analysis. Franco explains his system during the trading sessions. He also answers selected questions posted by members via an open chat window. Can also be used on Forex. With the addition of 5 and 15 minute charts, Binary Options Trading Signals can now also be used in spot Forex trading.
Very high winning ratio of 85%. Testing out his signals for a month we recorded 87% winning ratio! Completely transparent service. When you become a member everything is provided exactly as advertised.
Mobile phone compatible. You can now follow the action on your mobile phone provided you have Flash installed or use Photon Flash browser. Ideal solution for those who want to learn trading.
Franco’s signals service is especially good for less experienced traders who want to learn to trade binary options professionally. 60-DAY Money back guarantee. The payment processor offers money back guarantee within 60 days. Costs of signing up to Binary Options Trading Signals. In order to participate in the trading room from Monday to Friday you have to subscribe for $97. This fee is all inclusive and charged every two weeks.
Although it is not the cheapest system for binary trading signals it is not by any means the most expensive one, and when you consider how much money can be made following Franco’s system the subscription fee pays for itself very quickly. When you add to this the invaluable hands-on experience that you get by being in the trading room and learning directly from a world class trader, the subscription fee is actually very reasonable. It comes to only $10 per trading session . How to subscribe and start trading with Franco.
To be fair, the subscription process could be easier. Some users complain that they don’t know how to subscribe or think that the trading room is now closed. Although there has been a rumour that Franco is considering closing the room to new traders that hasn’t happened yet and his trading room remains open for new subscribers. These are the steps to register and join his live trading room.
STEP 2. Fill in the subscription form on aMember Pro – this will create a new user in Franco’s system. Once you fill in the form click on the NEXT button. STEP 3. Proceed to Clickbank payment page to make relevant payment for your initial two week subscription that can be paid with a creditdebit card or Paypal. STEP 4. Check your email for payment confirmation from Clickbank and your trading room membership details with links to trading strategies and the trading room. That is it. Your membership will be set up and you will have two weeks to trade with Franco and hopefully make a good profit.
You will be able to log in to the trading room during the operating hours between 930 to 1130 EST from Monday to Friday and watch Franco’s charts in real time. We hope this review was helpful and we wish you all the best in your trading! Best Binary Options Signals 2017.
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Investment Rating. 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, 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 robot 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 best 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.
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. 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 andor 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. AutomatedBinary Signals. Quite a number of trading signal providers have surfaced in 2016. 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 RSI Trend Williams Percentage Range Indicator CCI Stochastic Oscillator MACD. 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 signaldirection 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. 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. Sophisticated algorithms. 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 – 247 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 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 2014, Signals 365 has provided thousands of traders with millions of trading signals. Fast forward to 2016 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 andor 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 2013 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 2013. 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 2012 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 2012 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.
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