One of the simplest ways to trade in the binary options market is through the use of binary options signals from companies that develop professional trading systems designed specifically for this market.
How Binary Options Signals Work?
It is very simple to use Binary Options Signals.
You open an account and then you receive the signals that indicate the asset and the type of order you should place.
Normally you pay a monthly fee, which usually is not high given the earning potential with this help.
In certain cases, they guarantee profits or your money back (normally on the 1st 30 days).
There are several types of companies that offers Binary Options Signals.
Those that send signals based on the work of a team of traders, and those who developed mathematical algorithms that do the work that would normally be done by a trader.
In both cases, there are advantages and disadvantages.
In the end, what matters are the results and which ones perform the best.
Since there are a lot of binary options signal systems and a lot of them don’t have interesting practical results, I decided to do a search and a study of some of the Signals that are out there and compare the way they work, as well as the rankings that they have been given.
Below I compare how they work, as well as the rankings they have.
I compiled a comparison with 4 providers of Binary Options Signals.
They are the ones with the best reputation in the market and with the best results.
There are some differences between the various Binary Options Signals explained below.
Differences in operation and the advantages they offer to their customers.
IQ Option Signals. Also works with other brokers
Try those signals for free. Special conditions inside
Binary Options Signals Providers:
1 – Signals & Robots Signals – Signals that work in any Broker, even if it is was made to IQ Option, it runs in all the other Brokers.
They are signals for 30 minutes and we send on average 7 Binary Options Signals per day.
The wining rate has around 70% if the user uses them with the previous check-up that is advised but always remembers that past profitability does not guarantee future profits.
The Binary Options Signals are sent via email and Android app.
They cost $ 4.99 for the first two weeks and then $ 39.99.
Referrals will pay $ 19.99.
We offer promotions for those Signals up to 1 year. See here the promotions of the signals.
Check the Binary Options Signals APP for Android
Visit the Signals Page for more info: CLICK HERE
2 – Telegram Channel – Using the Telegram to send Signals (Forex and Binary Options) has become very popular in the last years. This Channel sends binary options signal and Forex signals.
The system sends between 6 to 12 binary options Signals per day.
The Signals are for 5 minutes expiracy time, so it is vital to act fast when you receive the signal. (do not forget to check on the market to look if that signal is ok to use).
Those signals use martingale, meaning it doubles the value in the case of a lose signal on the next signal of the same pair.
EURUSD signal a Call, you bet $5 and it was a Loss.
GBPUSD signal a Put, you bet the same value $5 and it was a Win.
EURUSD signal a Put (since the previous EURUSD signal was a loss, now you can use martingale if you want and double the value, meaning the trader would be $10. If this is a Win, then the next EURUSD would be $5, if it is a loss it would be $20.
Be aware that martingale is a more risked system. Before using Martingale, be sure to read here the explanation of the Martingale Method.
The service for now it is free.
Visit the Telegram Channel with Binary Options Signals CLICK HERE.
3 – www.autobinarysignals.com – This system works through software that sends signals from binary options. This software uses 5 different indicators to calculate accurate entries.
It has been the most successful in recent times.
Uses signals for turbo mode and 15-minute binary mode.
The system says that the success rate varies between 85% and 93%.
The cost is a one-time payment of 97 USD.
Visit the Auto Binary Signals website CLICK HERE.
4 – Bots Live Trading Room –
Bots Room Has Been Around For Over 6 Years.
And Is The Community Everyone Uses For Strategy Development For Options And Forex.
With Market Veterans With Over 20 Years Of Experience, What Could Be Better!
Today, just about anyone that is interested in Binary Options or Forex trading should consider it a point to buy a membership to Binary Options Trading Signals.
Regardless of your experience level, you can now join in and begin learning from other amazing members.
Visit the website CLICK HERE.
Binary Options Signals: Final thoughts
My opinion is that it’s worth experimenting some systems because if you can get the results they advertise, it’s highly rewarding.
Between trading without the knowledge and losing money and paying to have a professional service and get good profits, no doubt the second option is the best.
But off course, one thing is what the providers say, another is what it is.
Do not forget that you are the sole responsible for your account, and for that reason, you need to know how the signals are. So test them before using real money.
If possible, use all the signals in a demo account until check for yourself about its results.
Do not forget that Signals are just a tip of a possible trade, all the Signals must be confirmed before the user to decide to use them or not.
Be sure to understand how to use the Signals, since each system outhere has its own way of working.
Do not forget that past profitability does not guarantee future profitability.
Even with Signals, it is advised to learn the basics of trading since I recommend making a check up on the signal: see the market conditions to be sure that the signal has potential, see if there are news coming out that may impact the market, check the volatility, check the trend, etc.
In our video tutorials we have a video that teaches 4 verifications that you should be done before using a Binary Options Signal.
With that confirmation that it is quite simple to do, I have improved my personal use of Signals by 20%.
This means that a system that makes around 55% would do 66% and that is the difference of losing money and winning money.
For that reason it is really important to learn a little about trading, the markets and how to analise the charts in order to be able to understand how good can that signal be,
The idea of Binary Options Signals is not to replace the trader, like a Binary Options Robot, but simply to make a verification on the market and send a potential trade. But that trade must always be confirmed by the user.
I hope you enjoyed reading this post, if yes, do not forget to share it and read other content in this blog about Binary Options and trading.