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Binary Options Trading Signals by Franco – Full Review $97

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Binary Options Trading Signals by Franco – Full Review

Author
Users
  • Copy pro trader live
  • Signal accuracy
  • Service transparency
  • Multiple signals per day

Here is a full review of Franco’s binary signals which in our opinion is the best signal service for binary options. 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 subscribe to Francos signals and join the trading room, you will be able to observe, learn, and copy his trading strategy and replicate his success. You will also be able to communicate with other international traders in the room via a live chat window.

Read full review below or visit Franco’s page now

Copy Pro Trader Live – See Trading in Progress

The aim is very clear from the get go 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 9:30 AM through 11:30 AM Eastern Standard Time from Monday to Friday.

All of Franco’s charts are set up on ThinkorSwim professional software from TD Ameritrade.  At first look at the charts you can see that the technical analysis is rather limited to Bollinger bands, few moving averages and volumes, but there are also a few custom indicators which really make his trading screen unique.  These custom indicators include buy/sell triggers and US dollar momentum indicator which comes in very handy as a warning to stay away from trading at certain times when the dollar momentum reaches 100%.

Very Strong Signals For 1, 2 and 5 Minute Trades

Franco trades the most popular currency pairs such as the EUR/USD, GBP/USD, USD/JPY and a few others and his buy and sell triggers are best for 60 second, 2 and 5 minute trades.  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.

To minimize losses Franco also recommends a Martingale strategy, however this must be used with caution and we wouldn’t recommend this for absolute beginners.   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 a risky business if used recklessly.

More Information About Francos System and Signals

There is a slight learning curve in the beginning but after three trading sessions even a beginner should be able to follow Franco’s simple signals and be successful in trading binary options. On request he can also help you set up the professional trading software on your computer and with the same technical indicators that he uses on his screen except his ‘top secret’ buy/sell entry indicators which supposedly took him years to test and develop. Running the same software on your computer – additional monitor should be used – can really help with your timing. 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.

Screenshot of Live Trading

Screenshot of Franco’s Trading Screen – Click to enlarge

Franco’s entire system is based on reversal trading. This basically means that unlike most traders he takes his trades against the trend or to put it more mildly, when the price action reverses. There is a good logic behind this when you focus on very short-term trades such as the 60 sec, 2min or 5min and use his custom indicators which tell you exactly when to enter the trade.

Here is a short video recorded during one of his trading sessions.

Receive Franco’s Trading Guide With Full Instructions

On sign up every new 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 is about 15 pages long with clear explanations and supporting images. It will teach you everything that you need to know about Franco’s binary system. Although it’s written around the actual signals, it’s generally quite an interesting read and contains a strategy that is easy to learn and to follow. If anything remains unclear you can always ask Franco directly or consult other registered members. Click here to access the guide on signup.

Communicate With Other Traders In Real Time

The best part of these binary options trading signals is that everything is live and that you get to not only communicate with Franco, but also 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, etc.  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.

Binary Options Broker Used By Franco

A few words about the binary broker platform that is used by Franco. Although you should be able to use any binary broker with this system and replicate his success rate of 85% we feel it is better to use the same broker as he does. He first started with 24option (Claim your exclusive 100% welcome bonus) and was trading with them successfully for quite a while but now he uses OptionFair. Both of these brokers offer a very similar trading platform which we found to be excellent in terms of usability and its precision. Both have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits.

Potential Disadvantages of Franco’s Signals

Although there are many advantages to using Franco’s live signals, 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. This may be a bit discouraging for some people. 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.

Enormous Potential for Profit

Franco himself takes on average 2-3 trades per session and they are usually winners. I would say his winning ratio is above 89% (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 many good trading opportunities. Having said that, his single trade amount is $250 so even 2 winning trades at 70% gain make him $350 per day. Some of the more active participants in the trading room make a lot more than Franco, some of them make as much as $1000 a day.

Costs of Signing Up To Franco’s Signals

In order to participate in the trading room from Monday to Friday you must subscribe by paying $97 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 fee is actually quite low. Is you’re concerned about being scammed please read our response to the most common questions asked about Francos signals.

We hope this review was helpful and we wish you all the best in your trading!

 

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24 Comments

  1. I’ve been using Franco’s signals successfully for over 5 months and have learnt enough to start trading on my own. This has been excellent experience and I also made a lot of money. Your review is very good but it took me a bit longer than 3 days to start trading on a real account! I used his system on a demo for a month! I would recommend all beginners to take their time before trading on real account and use the demo until you’re really comfortable with this system!

    • Thanks for your comment! I agree that it is better to practice on a demo until you get confident enough to trade on a real account. The thing to keep in mind however, is that there is no substitute for a real account because when your own money is at stake, trading becomes a bit more emotional and you’ve got to deal with that sooner or later.

  2. Great trading experience! I signed up to Franco’s signals after reading this review and I made $224 with his signals within my first week of trading.. Couldn’t believe it.. and I love the fact that I can trade only 2 hours a day and have the rest of the day for my studies. If this continues I’ll be able to pay off my fees in few months. Wish me luck and keep me updated. Thanks

    • No problem Marta, glad to be of help. Subscribe to my newsletter for updates and keep on trading :)

  3. Good signals and lots of fun trading! Set up my charts on Thinkorswim and I’m really coming to grips with trading Forex like a pro. I don’t trade on OptionFair because I already had an account on CedarFinance, but I’m happy with them and the signals will work on any platform. Best trading academy ever and for $97/2 weeks it’s very cheap if you’re serious about trading. I know people who have spent thousands on learning to trade Forex. I’m making more money in binary options with Franco now than I ever did with other systems. Totally recommend it!

  4. I must admit I was skeptical in the beginning but Franco and other traders in the room really helped me understand it all. It’s really simple to follow once you know it. I feel anybody can do this and earn extra income. I joined 2 months ago and so far I’m £660 in profit, but I’m very careful with my trades and I trade only minimum amount so my profits are also not that big. Some traders in the room are making a killing using these signals. For many of them $500-1000 a day is the norm! I hope to get there eventually..

    • Hi Ella,

      Do you trade from the uk? If so how important is the lag for the short term trades? Also how many long term trades/signals per session does Franco take as that may be for me.

      Thanks in advance.

  5. Just signed up after reading your review! So far very happy trading with Franco. Good community of traders

  6. The service is awesome, his trading technique actually makes me money. Not to mention I’m learning tons of useful things about trading stock market

    • what is the profitability margin like, do you make more winning than losing trades or vice versa? Is this one of the best authentic profitable systems around the marketplace now?

      I am a complete newbie to binary options trading platforms so I need some useful reviews here.I hope you guys will be able to lend me some help. Thanks.

  7. I’ve tried this for about a month and although I must say it changed the way I trade I haven’t been very successful with Franco. I found the data delay from Canada to UK was one of the main reasons, but his indicators and set up are very interesting. And I also liked seeing everything live, it’s worth the money just to sit and watch a pro trader do his work.

  8. I’ve signed up after reading this review and I must say I’m quite impressed. I tried different signals before but the fact that you’re trading in real-time with a pro binary trader is priceless Unless you’ve got an uncle who is a pro trader and willing to teach you and trade with you, there are’nt that many chance to trade online with a pro in real time. Additionally his signals are pretty simple to follow, I usually dive in when he does and so far I’m making profit. Has been 2 weeks now and so far so good..

  9. Hi, I am about to subscribe to BOTS. May I know how many wins vs losses do you make per day in a given week? Are you still trading? Thanks.

    • And also, does the internet connection affect results? I am in the Philippines and I worry that the net might affect live feed.

      • Yes, the connection speed does play a substantial role unfortunately, especially since Franco trades 1 and 2 minutes expiry times and the point of trade entry is quite important. It really depends on the lag. You will find that you may experience some slight delay but it may only be 1 or 2 seconds, but it may be more. I live in the UK and I didn’t experience much delay during testing period. You can also install the trading software he uses on your computer and watch what’s happening on your screen too. I know that some traders in the room use this set up on two monitors. The software is free and Franco helps with the installation and configuration.

    • It really depends on how you trade. At the time of testing (two weeks) Franco succeeded achieving about 93%.

  10. Although I enjoyed the live trading experience and learned a few things, I lost some money and cancelled my subscription after one month.

  11. Is this a scam?

    People ask me this when I encourage them to trade binary options using Franco’s signals. ‘What do your mean a scam?’ I ask. The service exists, Franco is a real bloke with some real experience and some real signals. Whether you make money or not will depend on other important factors but Franco’s signals and hist entire trading system is actually very good, no matter what people say

  12. How many signals a day average? trading 2 minutes for 2 hours with this system?

    • You get about 5-10 strong signals within 2 hours, but it really depends on the markets

  13. I came across this review after having already signed up to the service. In retrospect I wish I had read this review first, as it’s very helpful, even if you’re already a member. Ok, so I’ve been trading with Franco over two weeks now and my first the week wasn’t very good. I lost about $300 because I was being greedy, simply put, there is no other explanation. I think greed is a downfall of many traders. (I admit I have lost $1280 before I started the signals and using Traderush) My second week with Franco is much better, I made $150 profit. Franco and other members advised to only enter the trades when Franco does and for the time being it is working. Sometimes it’s only a few pips in difference but when 2 minutes pass (I trade 2 minutes expiry time) the candle ends in the money so it’s all good. I use 24option now and find that platform much faster. I definitely prefer this one to Traderush.

    • Hi Jose what did you mean by 2 min trading. Is this when Franco is asking to place a 30sec or 60sec trade, you place a 2 min trade? Just trying to understand what you do and why?
      Thank you for your reply in advance
      Johnny

      • That’s exactly right. His signals are equally good for trading 2 min expiry times. Hope this helps

  14. This is exactly what I’ve been looking for. Thanks for the review. All the best

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