One of the simplest ways to make money in the Binary Options market is through the use of Binary Options Signals from companies that develop professional trading systems specifically designed for this market.
Binary Options signals can be sent via email, SMS, or various applications, and usually, each signal contains all the information needed to place an operation.
With the data you receive, you enter your account and place the operation on your platform, respecting the values that came in the signal (active, direction, and expiration time).
How Binary Options Signals Work?
It is very simple. Just open an account and then receive the signals that indicate the asset and the type of order you should place. Nowadays there are both Binary Options and FOREX signals.
There are both free and paid signals. As a rule of thumb, the paid ones should be better, although this is not always like that.
Usually, the payment is a monthly fee, which is not high considering the earning potential.
In certain cases, they still guarantee profits or the money back.
There are two types of companies. Those that send signals from the work of a team of traders. And the ones that have 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 get the best performance.As there are a lot of Binary
Options Signal systems and many of them without interesting practical results, I decided to do a search and a study of some of those that exist.
Below I compare the way they work, as well as the rankings they have.
I made a comparison with some Binary Options Signal providers.
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 Signs explained below.
Differences in the operation and advantages they offer to their clients.
Binary Options Signals and Binary Options Robots.
Although both systems are automatic and free the trader from a lot of work, in the case of Binary Options signals it is the client who places the trade on his account, on his platform.
Binary Options Robots, on the other hand, is the system that does everything, that looks for the entry and places it.
From the work point of view, the Robot is better, because it does everything, but on the other hand, on bad days, it starts to lose and only stops when the account is at zero, while with the Binary Options signals, the person manages the day and on bad days, it doesn’t place operations if it sees that it is a bad day.The signals of Binary Options,
are therefore safer.
On the other side, it is important to know that there are many platforms and brokers that do not allow the use of Robots but allows the use of signals.
There are several reasons for this.
One of the most used ways these days to send Binary Options Signals is via Telegram Channels. Clicking on the image, you can find a link to one of the Channels that offer Signals. The signals are free.
Remember that you should analyze the signals received before placing them and that the responsibility for using the signals is yours, so you should always use the signals wisely.
One of the main reasons has to do with the regulation that forces only the owner of the account to be able to trade on it, on the vision that a Robot is an external service.
Another reason is just not to allow any kind of software that can interfere with the normal functioning of the platform.
One of the main platforms in the market that does not allow the use of Robots is the IQ Option .
This company has its own platform that is considered by many as the best in the market.
It is also the company that has more customers in the world.
As you can read in the rules of IQ Option, it states in number 27, points 12 and 14 that the use of Binary Option Robots results in termination of the contract.
There are several cases that people get the account and the money blocked.
They only do the verification at the moment the client withdraws the money, so if you know people who used robots at IQ Option and had no problems, it’s because they probably didn’t have profits, so they didn’t make withdrawals, so they didn’t find out.
On the other hand, they allow the use of Binary Options Signals, because you enter your IQ Option account and put the operation yourself.
So you’re not going against their rules.
Which are the Best Binary Options Signals?
Below we selected some of the Binary Options signs that were tested and that gave us better results.
There are more companies, but from the tests that were made it didn’t work, there were even some companies that rarely sent Binary Options signals or arrived too late, being impossible to get them in time.
1 – Signals & Robots Signals – Signals that work in any Broker.
They are signals for 30 minutes and are sent on average about 10 per day.
These signals are sent by email and by the Android application.
2 – Telegram Signals – They are signals, which are sent by Telegram Channel.
They work for an expiration time of 5 minutes.
Binary Options Signals via Telegram can be used in all brokers that have a 5 minute expiration time, but ideally, work best in those that use the 5 minute candle to finish the operation and not those that use a fixed 5 minute time.
Although what is explained above may seem like a small meaningless or unimportant detail, the truth is that it is very important to obtain positive results.
One broker that has the expiration time at the end of the candle as it is ideal is the IQ Option. To test the Signs on a free IQ Option Training account, click on the Banner below:
Visit the Telegram channel: Telegram Click HERE.
3 – Binary Options Pro Signals –
This binary options signal provider uses a system based on its own software. This algorithm searches for the best inputs and sends the signals to the clients via email or SMS.
Two great advantages they offer is the possibility to make a test for 14 days for a small value.
And also the fact of the satisfaction guarantee or return of your money in the first 60 days.
The system sends between 6 and 12 binary options signals per day.
The sending is done by email and SMS and the success rate is 75%.
The cost is 97 USD per month and has 60 days of guarantee or satisfaction of money.
Visit the Binary Options Pro Signals website.
4 – Auto Binary Signal s –
This system also works through software that sends binary options signals. This software uses 5 different indicators to calculate accurate entries.
It 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: Auto Bin Sign.
Before using any Binary Options Signals system, please note that you should always test on a demo account.
You should also analyze the sign before placing it to be more sure that it is a winning sign.
In this video, you are given 4 very useful and easy to put into practice tips to analyze the signals in a few seconds and thus clearly improve your hit rate.
Binary Options Signals: Final thoughts.
My opinion is that it’s worth experimenting with some systems because if you can get the results they advertise, it’s highly rewarding.
Some of the systems are 100% free, others have a deadline to test with low prices.
Between trading without knowledge and losing the money and paying for a service and getting good profits, no doubt the second option is the best.