This is a review of Binary Options Pro Signals which claim a winning rate of 72.5%. The system is based on signals produced by a custom high-end software which based on programmed algorithms predicts the movement of monitored assets. Whenever the system indicates a very high probability trading opportunity it sends a notification with a summary of the upcoming trade. These trading signals are distributed to all subscribers in real time by SMS text or via email.
Simplified Trading Process – 6 to 12 Trades Per Session
Upon subscribing to their service you can expect to receive multiple signals during the day throughout the London and US market sessions. All signals are send in real-time with a summary of what to trade, namely the asset, when to trade it, what direction to take (put or call) and expiry time.
The signals are based on 14 assets including stocks, currencies, and indexes. These assets include the following: EURUSD, GBPUSD, USDCHF, AUDUSD, USDCAD, EURJPY, Apple, Google, IBM, JP Morgan Chase, Coca-Cola, ExxonMobil, Dow Jones, and S&P 500. It’s worth mentioning that not everyday all these assets will have a trading opportunity and so during the trading sessions you may only receive signals for a few of these.
Once you receive the signal to your phone or email all you need to do is place the trade with your selected binary broker according to the given instructions. When you subscribe to the Binary Options Pro Signals you can expect to receive 6 to 12 signals per day, which in our opinion is enough to make a very good profit. Below is a screenshot of what the signals will look like:
The best part is that you really don’t need to worry about any chart set ups, following the market trends, learning about various assets, you can take all of the technical and fundamental analysis out of your trading experience and simply follow the received signals to place your trades. This is perfect for beginners and all those who simply don’t have the time to do the research. Anyone can trade and achieve considerable success using these signals.
Short Term Trades But No 60 second Expiry Times
Many binary option traders, beginners as well as pros, are very attracted to winning the 1,2, or 5 minute trades because of the quick execution and the possibility of earning money quickly. As you can see in the picture above all trades are short term trades but they are no signals for 60 second, 2 or 5 minute trades. (If you are interested in winning signals for 1,2, or 5 minute trades than please read our full review of Binary Options Trading Signals by Franco where we review a signal provider for shorter time frames.) The reason for these longer time frames is very simple, to trade very short time expiry you need to be glued to your computer and watch the price action carefully and act very swiftly. Most trades recommended by the Pro Signals have the expiry times of 30 minutes and up.
No Learning Curve
With Binary Options Pro Signals you don’t have to do that, you have time to set up your trades accordingly and you don’t need any additional software or extra monitors to follow the price action of your assets. The fact of the matter is that you can be watching a movie on your laptop and still be able to place your trades easily. For example: you receive your SMS text with instructions, you pause your movie, log in to your broker, choose the underlying asset, and place your trade with the given expiry time. You can do this on your laptop practically anywhere with an internet connection.
Recommended Binary Broker For Pro Signals
There are many good binary brokers that can be used with these signals, however it is important to choose a broker that offers all the assets that are part of the signal service. It is equally vital to choose a binary broker that in known to have a reliable trading platform and is trusted by many professional traders. Such a trust is not easily earned and maintained. Because these Pro Signals offer a 72% winning rate it is best to choose a broker that offers a percentage of your money back in case of a loss, so you can optimize your profits.
Please remember that when you trade binary options you can earn 70% to 85% on your trades but your loss will be 100% – the full amount of your trade. Receiving a return on your loss, even if it is only 5% or 10% will really help your trading budget in the long run.
Potential Disadvantages of This Trading System
Although there are many advantages of using the Pro Binary Options Signals there is a potential disadvantage, especially for those who want to learn how to trade the markets. This system will not teach you that, it will tell you which trades to take and when but it will not explain to you WHY. This may be a disadvantage for zealous trading enthusiast. Of course there are plenty of resources online that will teach you various trading methods and you can always join a trading academy if you want to understand more about the markets. My advice is to learn various trading strategies even if you’re going to sign up to the Pro signals.
The Cost of Subscription – Only $14 For 14 Days!
In order to subscribe to Pro signals you have to pay $97 per month. This is quite cheap for binary option signals are there are plenty of providers which charge a lot more for very similar results. However, the company is also running a special offer where you only pay $14 for the first 14 days of their service, a welcoming incentive to test the signals out. After the 14-day trial period is over you will be billed at $97 per calendar month. You can cancel at any given time.