Recommended Signals and Automated Trading Services
Recommended Signals and Automated Trading ServicesApril 10, 2016
If you have searched the internet looking for the best binary options signals or automated trading software you have reached the best reviews site. Our staff has spent countless hours testing and investigating a wide spectrum of apps and Autotraders, all of them boasting amazing results and top performance. Similar to other things in life, it can take a while until we fully understand what is the best performing software, and it may definitely be a lengthy trial and error process.
In this context, we really focused on weeding out the scams and sub-standard software, while showcasing the premium ones only. We have set high standards in regards to transparency, customer service, reliability, accuracy levels, and ease-of-use, and we do not feature more than a hand full of systems since we believe in providing the best possible services for our members and viewers.
So, here’s a bit of background in regards to binary options signals. There is a plethora of systems out there such as binary options pro signals, auto binary signals, Optionbot, and Winning Binary Signals. Some are free, while others will charge you a monthly fee and allow you to partner with a broker of your choosing.
If you are new to options trading you must first understand why signals have become so popular among traders. To illustrate, if you are just starting out and are clueless about how to proceed and trade optimally, you will be looking for professional tools that assist you. Signals are utilize their technological infrastructure to produce suggestive indicators in regards to a certain contract types or options. To illustrate, if you have just funded your trading account and are deliberating on how to actually getting started, you will need an auxiliary tool to augment your trading strategy and recommend an optimal entry or exit point. Professional signal services will factor in candlestick analysis and actually show you why a certain position has been chosen and the anticipated or projected accuracy level.
Best Signals Services
|Signal Provider||Accuracy||Visit Site|
The Binary Profit Method is a suggestive format signals system with built-in technical analysis and charts
As mentioned previously, a suggestive format for signals is very popular and depending on the provider it can prove to be extremely effective. It is important to emphasize that unlike Autotraders, the way the signal is presented to you is critical and directly influences your ability to succeed. For example, if you are getting signals via Mail, you must understand that there is a delay from the time you get it until you purchase the contract, and that delay can have major implications in your ability to become a successful trader. The more advanced systems offer a dashboard and allow you to choose your own broker, this is very important since eventually you will be paid by the broker and not by the owners whose system you are using.
One can’t overemphasize the importance of being able to copy and execute trades effectively. It is worth mentioning that there are a lot of fake demo videos out there showing inflated figures, this is done when the broker provides a test or demo account with an artificial balance for promotional or educational purposes. It is a practice widely used by video bloggers, and people who have amassed a substantial balance will not be so eager to share this information with the public and actually expose themselves.
Technically speaking, the whole idea of signals is to allow novice day-traders reach the level of proficiency or expertise knowledgeable traders have by reducing the learning curve to a bare minimum. So instead of actually learning how to trade, you would need to learn how to operate the system (well at least in theory). The idea sounds good but when ever I tried to cut corners and take short cuts in life I ended up paying a very high price. This doesn’t mean signals won’t work, but it does mean you can’t just disassociate yourself from the rest of the world and copy the signals like an ape. Sometimes things happen, for example if you are trading the EUR/USD and the FED comes out with a statement on interest rates, or it is Tuesday and the Non-Farm Payrolls are being announced by the Bureau of Labor Statistics you better stay tuned and be bright-eyed and bushy-tailed because these things have a significant effect on investor psychology and market supply and demand forces.
The idea of reaping substantial revenue without investing time, energy, or significant amounts of money is a bit naive and potentially dangerous. Starting out with $250 will teach you an important lesson in life, but I’m not sure about actually profiting since you will need a money management strategy and if you absorb a few losses you can find yourself in a position where you can’t bounce back due to lack of capital.
Mirror Trading and Copiers
The entire concept of copying trades by top performers is a bit misleading. Many brokers offer the “Follow Me” feature and while it seems really convincing this is very deceptive since the broker is actually removing its accountability and can always say “well, it’s not my fault you copied him”, and of course their claim would be justified in a case like this. So the question remains, why would a broker offer this system to traders if it insulates them from assuming responsibility for losses incurred as a result of scam software? The answer is in the body of the question, so a bit of prudence is required when being offered “Follow Me”.
Top Automated Trading Software
The Binary Profit Method is a suggestive format signals system with built-in technical analysis and charts. This is a robust MANUAL signals solution
CodeFibo has launched! This super-new Auto-trader is making big waves and initial response has shown great potential. We are possibly looking at the next big thing. We warmly recommend this new app and would like to hear your feedback.
SnapCash Binary is a new auto-trader that has just launched. Initial feedback is incredibly positive and it passed our credibility tests with flying colors. Highly recommended.
Option Robot is not a heavily promoted Autotrader. We have seen many SCAMS but in this case we personally know the owners and can influence the decision-making process. We do not recommend a system without testing it, and this APP performed consistently for us.This BOT comes highly recommended and is very easy to use!
Neo2 is considered by many to be the next generation Autotrader. We have reviewed a lot of systems and this one has out performed most of them consistently. It is suitable for novice as well as more experienced traders wanting to get started in options trading, and comes highly recommended by all the leading sites
Tradioneer is a new and highly recommended auto-trader. It's exceptionally accurate and the software is very intuitive and user friendly. We are testing it out based on very positive initial feedback. Drop us a note and tell use what you think.
The advantages of automated trading are obvious, however the pitfalls are less evident. The problem is that when you set things on autopilot mode you have no control over your capital and no ability to intervene, unless you turn off automatic and shift to manual trading. One of the many issues we had with these apps is that they are almost all SCAMS, and we have written about this extensively. Particularly vile and deceptive were the Amissio Formula, Drexel Code, Millionaire’s Blueprint, Free Money System, My First Online Payday, Push Money App, TrianaSoft, Channel Ranger, Insured Profits with Dave and Ginny, Citidel LTD, Centument, and Tauribot. They are all based on the same technology and have been designed for the soul purpose of fleecing your wallet in a very effective and elegant fashion. Let there be no room for misinterpretations or misunderstandings, the people behind these apps are NOT your friends and they don’t want you to be successful day traders. You should not view these systems as potential secondary sources of income either, they are wolves in sheep’s clothing and disguised as legitimate software, which makes it that much more dangerous.
Did You Know?
Most traders fail to execute successful trades because they don’t understand how to use the systems they are paying for. Sometimes simplicity does not guarantee success, and contrarily a complex system can perform better once you understand how to use it. The point is, most people don’t have the luxury of making too many mistakes and the learning curve needs to be cut down to a minimum. Some believe paper trading on demo accounts is the risk-free way to practice trading, however demo mode has been known to be rigged and when you are on a winning streak on demo you can assume that it’s just another way to sucker you in unless you are dealing with a fully regulated broker.
Some service providers will charge you a monthly fee, while others may offer it for you as you fund a trading account through their links. Either way you will receive some type of access if you follow their instructions.
How to Choose the Best Binary Options Signals Service?
Many binary options trading signals providers boast ITM ratios of over 90% with their systems. However, you will need to check, confirm, and validate these claims since anyone can pretty much say anything online and away with it. So some products will give you a free trial or demo, it’s fine but you are still exposed since crafty marketers that are technologically savvy can manipulate the outcome of the trades and produce fake results. At the end of the day you will need to take a risk, there is no avoiding it. You will need to partner with the right program and based on your understanding, life experience, and honest system reviews it’s possible to profit trading binary options online.
This business is considered high risk, and many vendors will have a no cancellation and no refund policy. This seems a bit shady or unethical, but many people don’t follow instructions and then ask for their money back, and that is also not fair. Disregarding or not following instructions is quite prevalent and can be counter-productive and even detrimental to your success.
Trading Tip: Just like every niche in the internet or brick and mortar businesses, some tend to be better than others. Why is that? Well, it may be that some vendors have a more robust technological understanding, while others understand the actual trading side of the business better and how to profit.
Just remember the criteria mentioned previously when searching for the best service, and in this context we highly recommend the Binary Profit Method since it answers to all the requirements we are looking for in a reputable signals provider.
Always remember to do your due diligence and research properly, this can’t be overstated and will save you a lot of grief and frustration in the future. It is particularly important to be involved in the broker selection process. If you are being put in a position where your broker is being selected for you, make sure to check it out before investing.
|Social Trading||Accuracy||Visit Site|
Copyop is a social trading platform directly integrated into Anyoption, a leading regulated broker. Once you are set up you simply copy the most successful traders and follow your stats. Copyop does not accept US traders
Tradeo is a CySec regulated social trading platform. It is extremely user-friendly and we have received some very positive feedback about this service so it comes highly recommended. Tradeo does not accept US or Australian traders due to regulatory constraints
Learn How to Identify the Best Binary Options Signals Services
Don’t believe the hype! Many day traders are bombarded with SPAM Email messages that lead them to dubious websites promising to make them millions at the click of a mouse. There is no secret or holy grail of binary options which will be given to you for FREE, and I hate to be a wet blanket but becoming a millionaire takes a lot of hard work, sacrifice, talent, and complete dedication. If anyone could do it then there would be a lot more rich people on our planet, so the obvious conclusion is that it’s a scam.
Do your due diligence properly and become an effective researcher. The more scam reviews you read the more you will understand what you are getting into. Just remember that if you see too much uniformity in content there is a problem. It’s not possible that everything is fine and dandy because there will always be issues and disagreements about certain products and how they are performing. If it all looks and behaves the same, you may be looking at fake reviews designed to bait you into registering and funding a trading account through a certain recommended broker. Look for diverging opinions and open discussions, sometimes the systems that are not heavily publicized will do a much better job than all the hyped up auto-traders.
Test the customer service levels: If you send an email on Sunday don’t expect an immediate reply, but the time frame should be reasonable. A responsive support desk is a very strong indication you are dealing with a solid, safe product. Also check to see if the response is professional and is written in a clear and legible format without grammatical errors. Sometimes these kinds of mistakes will tell you if you are dealing with an offshore operation or someone who offers a professional service.
As always, when encountering new binary options trading software in the form of Apps, Copiers, Signals, or Auto-traders, please make sure to check out our investigative scam reviews before investing, and don’t forget to join our Facebook group and Subscribe to our YouTube Channel.