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Binary Options Trading Signals by Franco – Full Review $97

Binary Options Trading Signals by Franco – Full Review

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

Here is a full review of Franco’s binary trading signals. Find out if they’re really worth the subscription fee. Franco’s signals receive very good reviews from users. 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 join his trading room, you will be able to observe, learn, copy his trading strategy and hopefully replicate his success. You will also be able to communicate with other international traders in the room via a live chat window. However, this service may not be suitable for everyone trading binary options. Continue reading the full review to find out more or visit Franco’s official website first.

See trading in progress and copy a professional trader

Franco’s aim is very clear right from the start 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 to 11:30 AM Eastern Standard Time from Monday to Friday. Your only job is to look at the signals and copy Franco when he takes a trade. His website says:

Binary Trading just got simpler with live signals

Trading options with the insight and signals from a professional trader indeed makes trading binary options much easier and less stressful.

A few words about Franco’s charts

Franco's trading chartAll of Franco’s charts are set up on ThinkorSwim professional software from TD Ameritrade.  At first glance the chart set up seems quite simple and 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 and Sell triggers as well as a US dollar momentum indicator which is used as a warning to stay away from trading at certain times when the dollar momentum reaches 100 per cent.

Very strong signals for 1, 2 and 5 minute trades

strong signals for short term tradesFranco 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.

The use of Martingale strategy

To minimize losses Franco also recommends a Martingale strategy for more experienced users. He warns that this strategy must be used with caution. 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 very risky if used recklessly.

Quality of Franco’s binary signals

Screenshot of Live Trading

Screenshot of Franco’s Trading Screen – Click to enlarge

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 charting 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 Franco and his team years to test and develop. Running the same software on your computer (additional monitor should be used) can really help with your entry timing, especially if you’re experiencing lag in your connection .

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.

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.

Visit official website and watch the video

Receive Franco’s trading guide with full instructions

Free trading guideOn 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.

Communicate with Franco and other traders in real time

live chat availableThe best part of Franco’s binary options trading signals is that everything is done live and you can communicate with Franco and 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, and other countries.  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.

Trading with the same binary broker used by Franco

Which broker to use with this serviceA few words about the binary broker and trading 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 and was trading with them successfully for quite a while. In fact, in the welcome video on his homepage we can see the 24option platform. However, Franco now uses OptionFair. Both of these brokers offer a very similar trading platform, powered by the same engine (programming) which is excellent in terms of usability and its precision. Both brokers have excellent support, outstanding customer feedback and offer free demo accounts without having to make any deposits. Unfortunately neither broker accepts clients from the USA. This may be ok for Franco because he is trading from Canada but if you are trading as a US citizen we would highly recommend using CToptions with Franco’s signals. CToptions also offer a free demo account and a number of outstanding risk management tools not currently offered by 24option and OptionFair.

What you must consider before using Franco’s signals

Things to consider when trading with FrancoAlthough there are many advantages to using Franco’s live signals (see a list of advantages below), 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.

Good potential for short and long term profit

Good potential for profitFranco himself takes on average 2-3 trades per session and they are usually winners. When we tested Franco’s signals we got 87% (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 some good trading opportunities. Having said that, his single trade amount is $250 so even 2 winning trades a day at 70% gain make him $350 per day in profit. Some of the more active participants in the trading room make a lot more than Franco, some of them claim to make as much as $1000 a day, although that can not be confirmed with a 100% certainty. At the end of each trading session Franco asks his subscribers for their trading score, eg. 5:1 means that the user has won 5 trades and lost 1. There are some traders in the room who have been trading with this system for many months, and their score can be quite high, reaching  9:0 and 8:0 on some days is not uncommon.

We tested the signals for a month and got the following results *

Binary options trading signals logo

  • Signals we followed (with Franco): 70 signals
  • Signals Won: 61
  • Signals Lost: 6
  • Neutral: 3
  • Performance rate: 87.14%

* Please note that past results do not guarantee or indicate future results

Here is what we liked about Franco’s service

  • No software to download and install. You join the LIVE trading session simply by going to a password protected website.
  • Quality HD streaming of Franco’s charts. See professional charts, indicators, and analysis in HD quality.
  • Trades are called out as they happen. All you have to do is enter the trade using a binary broker of your choice.
  • Takes only two hours a day from Mon-Fri. All it takes is a commitment of 10 hours per week, each day from 9:30 to 11:30 EST.
  • Live session with market commentary and analysis. Franco explains his system during the trading sessions. He also answers selected questions posted by members via an open chat window.
  • Very high winning ratio of 85%. Testing out his signals for a month we recorded 87% winning ratio!
  • Completely transparent service. When you become a member everything is provided exactly as advertised.
  • Mobile phone compatible. You can now follow the action on your mobile phone provided you have Flash installed or use Photon Flash browser.
  • Ideal solution for novice binary options traders.Binary Options Trading Signals are especially good for less experienced traders but who want to learn to trade binary options professionally.
  • Money back guarantee. Although there is no trial period offered, the payment processor offers money back guarantee within the first 7 days.

Costs of signing up to Binary Options Trading 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 subscription fee is actually very reasonable.

Test Franco’s signals for 2 weeksVisit the official websiteWe hope this review was helpful and we wish you all the best in your trading!

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    74 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

    15. I’ve been using Francos system for 2 months now and I’m up $3000!!! He is a genius

    16. Very well written and interesting review but can you tell me if I will experience any delay in signals if I’m trading from South Africa?

      • Thanks! To answer your question, the best thing to do is to subscribe to the signals for two weeks and try it out on a demo account. I would say you need at least 5MB of download speed to watch the transmission uninterrupted. But even then you might experience some minor delays. The signal transmission is emitted from the US so the closer you are to the physical location of the server the better. However, if your connection speed is reliable than this shouldn’t be a problem. You need to test it for yourself, but there are some services online that will let you measure the speed of your connection in relation to a specific location. You need to Google it :)

    17. I signed up and after a week I’ve decided this wasn’t for me. Franco is fun though, I like him, but I just lacked concentration and missed the signals. (It’s hard to concentrate at home with kids running around.) I got a full refund though, so I’m happy.

    18. The system rocks!! I’ve been using it for weeks and very happy. Good review btw.

    19. Hello, i just bought Franco’s services and if i understood well you just login on the website and wait for the activity on the dashboard? i live in europe gmt+ i didnt see any activity yet and the time has passed, iam doing something wrong? thanks

      • No, you’re not doing anything wrong but you may be logging in at the wrong time. Where in Europe are you? If you in the UK your session would start around 1pm. I hope this helps

        • Hi! I will be joining in three weeks. I live in Holland (GMT) and was under the impression my session would start 3.30 PM (which is 9.30 EST)!

          • A correction: 3.30 PM = 9.30 EST with the correction of Dutch summertime (+1)

    20. Hi,

      I´m interested in buying Franco system.

      I have 400 euros to start do you think that is a good amount?

      Do I need to have more money besides the 400 euros to start trading?

      Thank you

      • Hi, I think you can definitely start with 400 Euros, it also depends on the broker you use and the trades you will make. If you just starting out and have 400 Euros than it’s probably best for you to choose a broker with a lower minimum trade amount. With some brokers the minimum trade amount is $10 and with some $24, you can compare this here. I would also advice testing Franco’s system on a demo, at least for the first week.

        • Thank You for your answer.

          Yes I will be testing the system when I start.

          In your experience from the list of brokers that you gave me what is the one that let´s you withdrawal your money faster?

    21. Hello,

      I desire to join but my country is not on the country list on the subscription page, how can i join? I’ve tried to send series of mails to “support@binaryoptionstradingsignals.com” but were not delivered they actually bounced back.

      Regards,
      Sam

      • Hi, I’m afraid we can’t help you with this. I don’t think you will be able to use his signals if you and your payment card is registered a country that is not listed. Which one is that, by the way?

      • I reside in Nigeria.

        • You will need to refer to clickbank.com, the payment processor. I’m not entirely sure if they accept clients from Nigeria.

    22. Very good signals and system. Franco is just cool to work with. There is not so much direct access to the trader, only via a chat window, but having so many subscribers one can’t really hold it against him. He still manages to answer many questions posted in the chat. Two thumbs up!

    23. Great system, but I can’t figure out when franco gives a signal. Any advise?

      • What do you mean? You can listen to him and see when he is entering a trade online.

    24. I tried the signals for two weeks and I couldn’t sync with Franco. I was always late in entry and that often cost me a loss

      • It sounds like you had a long delay in the connection and when you’re trading 1 or 2 minutes, timing becomes crucial. Don’t worry, there are plenty of other signals available which may work better for you. Maybe you should try mobile signals and trading longer time frames.

    25. I like your review. I’m looking in to this service. Currently using another signal for last week – need to wait all day for signal sounds on my computers – 9 signals today, 7 losses & 2 wins $150. I have $200 left in my account, min trade $24. Will Franco’s signals work for someone like me (I want to learn to trade properly – not just follow signals). I’m in the UK, checked speed to Montreal, Ping is 113ms, speed is 35Mbs download, 1.75Mbs upload. Will there be any lag issues? Do you know where in Canada (need to know what time I need to be in front of so computer )

      • Thanks Keir. In UK you would start at 2:30pm. 7 losses and 2 wins is not a very good score. Francos signals will definitely give you a very good introduction to trading professionally. Not sure about the speed but the best thing to do is to try it out. You might experience some lag but your download speed is quite fast so it’s hard to say. Best of luck!

    26. This is the best webinar I have ever seen and I would like to join asp, if I don’t win a lot at least I will learn a lot, and it wont be any ones fault, its a shame in the UK we don’t have a chap like Francos. Plenty think they are, but no..

    27. Can i use these signals in India ?

      • If you have access to the internet and you can make payment online then you should be able to use these signals.

    28. So interesting!
      I’m almost to start with Franco, I live in Germany do you think 5o mb of web connection is enough to avoid the lag? Pretty important to me.
      Thanks for your suggestions.

    29. Hi, Guus again. The first couple of days I would like to use a demo account. I have a live account with 24options, but haven’t found a proper demo account yet. Binaryoptionsdemo.com looks allright, but is not real-time. Who can advice a good demo account? Thnx

      • If you already have a live trading account with 24options, they will give you a demo account if you ask them nicely :)

    30. Hi great review :) i live in the uk just wanted to confirm what the trading times would be and to know if the service is still going strong? Does anyone have any indication of how long Franco will carry on providing this service ?

      • Franco trades between 9:30-11:30 EST time. If you’re in the UK the trading time will be 2:30pm to 4:30pm. Yes, Franco is still going strong and there is no indication of the service coming to a stop. It may perhaps in the future be closed to new subscribers but since most of them usually hang around a few months I think it will continue as is.

    31. Also what is the recommended starting bank in £ or $m? Thx

      • You can start to trade with Franco with a minimum amount that is allowed to open a trading account. This is usually £250 or $250. But if you haven’t traded before you might incur some losses in the beginning so test the binary options trading signals on a demo account first. Once you beat the demo then progress to a live account.

    32. After reading your review I am wanting to try Franco’s service!
      What is your opinion about the TopOption?I see lock the input operation with her. With his experience in 24option , it happens ? What other broker advises you to use with Franco’s service ? Banc de Binary is accept in my country or what broker you think will work best?
      What is your opinion please!

      Thank you so much for your help!

      • Hi Fernando, I’m glad to inform you that there is a new kid on the block that beats all those platforms you mention and you should definitely give it a try. It’s called Trade Thunder and offers a FREE demo account and $1 trades! It also features an amazingly fast trading platform and 1-click trading. We will write a full review very soon.

    33. Just checked out Trade Thunder, looks good.. Minimum expiry time is 60 seconds, there’s also a good live chat feture on the website. You can only trade USD and euro at the moment, not sterling

      • That’s correct. If you trade in US or Euro but bank in the UK with a Sterling account you will be charged a small currency exchange fee on each bank transfer and deposit.

    34. Could I start trading with Franco with a starting deposit of AUD$ 100 ? Regardless of the fortnightly payments . I’m with option mint by the way . Thanks

      • Hi John, yes you can. It depends on your broker’s minimum trade amount. If it is $25 then you have to take that into account. Maybe try on a demo account first or try TradeThunder, they will give you a free demo and you can trade with $1 so $100 will give you many more trades. I hope it goes well.

        • Thanks a lot :) would you consider this a reliable source of income for anyone wishing to start up ?

    35. I live in Germany but I’m an American citizen with an American bank account. What’s the best platform to use with Franco’s system?

    36. but every day on 85% of success?
      or there are days that you lose?

      • That is an average score taken over a period of 3 months. There are none losing days for Franco. We don’t track the results for all users in real time, but be prepared to have some losing days also. Practice on a demo and test it out!

    37. but on Skype are the signals?before giving the signal which warns of asset after position ourselves?we have to position ourselves on that asset?

      • The signals are given by audio/visual. You will hear trader Franco while watching his chart platform with the indicators pointing the entry on candle. He will warn you when to enter by voice or you can see that yourself in his charts with his indicators.

    38. Hi, this is a fantastic review of Franco’s trading system. I never traded binary options before but think franco will help. I just want to ask, I’m thinking on depositing $500 into my account, so wanted to ask, what would you guys suggest to trade on each signal franco provides?
      I have been researching binary options this last month and have found the more money you have in your account the better chance you have of making a profit and that Martingale strategy should not fail.

      Thanks again for the great review

      • Thanks for your kind comment Brendan! Much appreciated. If you’ve never traded at all, you might find trading with Franco a bit overwhelming, depends on your determination to learn and your devotion to the task. Generally it takes people two weeks to get really comfortable using Franco’s trading signals. If you have $500 to trade you should spend about 1-3% of your capital on each trade, so in your case it would be $5-$15 per trade. I strongly advise against using Martingale strategy if you never traded before. I hope this helps. Good luck

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