Quantum Binary Signals is a binary options signals service which works by sending professional signals, 3 to 5 a day, to the trader’s mobile phone for manual implementation on a binary options platform. The company is owned by a retired hedge fund trader with trading experience which spans more than 20 years. Their clients also include hedge funds, investment institutions and independent traders, who trade binary options online. Read our in-depth review to find out if these signals are right for you and if they are worth their subscription fee.
Summary of Quantum Binary Signals
Signals issued by the Quantum Binary Signals service can be used to trade stock indices, commodities, stocks and currencies. According to the information provided no experience is needed to use their signals and to implement them takes on average about 2 minutes a day. We would argue that it takes a bit longer with logging in and out of the broker platform and actually placing the trades based on the received signals, so let’s round this up to 15 minutes a day.
Their website is very well designed and contains all information that is needed to subscribe to their system. Most of the presented information targets beginner traders. The advertised monthly success rate is between 75%-85%. We’ve checked this out and in our monthly test we got a score of 81.33%. (see details below)
Mechanism of operation
Traders are expected to sign up for the service with their full details which MUST include their phones numbers. The service is an international service, so traders must add the country code of the phone number being used so as to receive the signals. The trading signals are then delivered to subscribers via SMS and email. Usually about three quality trading signals are sent to subscribers on a daily basis.
Once signals have been received by SMS they must be implemented as soon as possible when the price of the chosen asset meets the signals criteria. As with any binary options signal service any major delays in entering the trades will lower the accuracy of the signals. The trade alerts are also sent by email as a secondary means of communication.
Quantum signals’ format – 2-5 signals a day
The trades are based on the Up/Down or Call/Put binary options contract, where the trader selects UP where the signal is sent based on an outcome in which the asset closes the trade at a price higher than when the trade was initiated, and LOW if the signal predicts that the asset will end the trade lower than when the trade commenced.
A typical signal is shown below
The trade clearly shows the direction of the trade (CALL), the asset to be traded (NASDAQ), the strike price/market price on trade entry (2713), and the expiry time (23:00GMT). This makes the signals very clear and unambiguous. There is no preference for broker, and any broker offering the Call/Put contract can be used to trade this contract.
Profitability of the signals
A profitability ratio of between 75% and 85% per month is claimed by the Quantum Binary Signals team. While there are not many independent verification of these figures, traders can use the 7-day trial period to see if the claims are in tandem with their own results. There is also the opportunity to use the history of previous trades provided on their website to check the claims out.
The emphasis of the team at Quantum Binary Signals seems to be on the quality of signals and not on quantity, which is what informs the fact that only about 25 to 30 signals are sent in an entire month of trading. This definitely goes against the common marketing campaigns of companies which promise traders some magic system that can turn $500 into a million with few weeks of trading. However, Quantum Binary Signals is a lot more practical and careful in their recommendations. Their trading opportunities and signals delivered are based on thorough technical analysis. The strategy of the Quantum Signals’ team seems to be working well and their results were confirmed by at least a few independent traders.
We tested the signals for a month and got the following results *
- Signals received: 59 signals
- Signals Won: 48
- Signals Lost: 7
- Neutral: 4
- Performance rate: 81.35%
* Please note that past results do not guarantee or indicate future results
What to consider before using Quantum signals?
Signals are not delivered at any specific time of the day. This means that traders have to continually be on the lookout for possible signals. Traders who do not have smartphones capable of housing mobile trading terminals for speedy implementation of signals that have been received may end up missing out on several profitable trades. Having said that, it’s very unlikely that someone who is trading binary options online won’t have access to a smartphone. What is important, however, is the speed of connectivity and trade execution on your trading app.
Another thing that some customers may find limiting is that Quantum signals must be implemented manually. If you receive a signal when there is no Internet connection or the connectivity is poor you won’t be able to act on the signal. This can be a major drawback and puts Quantum signals at a disadvantage to other competing signals services which use robots to trade the signals which have been generated. However, to meet this demand the team at Quantum Binary Signals have introduced an additional service called Quantum Auto Trader that will do just that, use a robot to automatically trade their signals for you.
Trading binary options with Quantum Auto Trader
As mentioned in previous paragraph Auto Trader is where the entire system becomes a hands-off experience. Before we get into the specifics of their offer let’s look at some of its features:
- Trades are automatically copied into your broker account
- Your money is put into a 24/7 operational mode leaving you to do other things
- All it’s needed from you is to connect your broker account to the Quantum Auto Trader and select your preferred trade size (single trade amount)
- If you want to watch the trades being executed you can log in at any time to your Auto Trader management account
The automated trading is not free of charge or at least you’re not being charged directly by Quantum Signals. The requirement is to register with their affiliated broker, BeeOptions, and to make a deposit. Here is a breakdown of the deposit requirements to use the auto trading feature connected to Quantum Binary Signals.
As you can see the more money you deposit with the affiliated broker the longer you’ll be able to use the Quantum Auto Trader on your account. Of course the automatic trading feature can be switched on and off from your management account.
It is claimed by the Quantum Funds Management that $500 invested in 2014 grew into $702,838 in twelve months of using Quantum Auto Trader.
It’s important to emphasize that you do not need to signup to Quantum Auto Trader if you don’t want to. You can use Quantum signals with any broker you like. Auto Trader is an optional service that allows fully automated trading.
Pros of using Quantum Binary Signals
Here are some of the features of this service:
- Instant SMS push notifications. This works very well, especially for smartphones which get audible alerts for SMS and emails that come into their phones.
- Signals are delivered in a simple-to-follow format. They are easy to interpret and implement on any trading platform.
- Better-than-average profitability performance. Quantum signals are quality signals with a winning rate between 75%-85%. Our test showed above 81%.
- There is a 7-day trial period. This comes at a low cost of $9.99 and enables traders to test the service and see how it works for the initial seven days.
- Signals can be used on any binary trading platform. Expiry times of the alerts are compatible with the expiry times on most binary options trading platforms.
- Option for fully automated trading. There is an additional optional feature that allows to fully integrate the signals into a live trading account.
Quantum Binary Signals is one of the services which really stands out from its peers for its honesty and performance over the years. By only giving out quality signals rather than bombarding clients with many inaccurate signals, the team at Quantum have shown that they value the success of their subscribers.
A few words about their customer support
Although there is no official phone number to call, they are quick to respond, usually within 12 hours, and are very helpful. If you need any assistance or further explanation of their system and how to trade on their signals they are more than willing to help you out. Having said that, their signals are quite straight forward so usually no further support is required.
Cost of signing up to Quantum Binary Signals
As with most professional signal service, the use of trading signals from Quantum Binary Signals comes at a cost. First, there is an opportunity to test the signals service over a 7-day trial period for only $9.99. Payments can be made by credit cards, Skrill (formerly Moneybookers) and PayPal. An automatic charge of $99.99 a month is applied to the card once the 7-day period has elapsed. The service is sold via Clickbank, a third party vendor and payment processor. Clickbank allows traders to cancel this automatic billing within the trial period.
Are the signals worth the subscription fee?
We believe they are, although there are other signal providers that may be more suitable depending on your preferences and availability, these signals produce consistently good results. The best part is that you can receive them to your mobile and place trades on any broker account, most of which also offer mobile trading, so this might be a good marriage. Quantum Binary Signals seems like a viable solution for people who are constantly on the move as it only takes few minutes to enter the trades. If you don’t have the time to sit by your computer, nor the skills and patience to analyse trading charts or to watch and copy live traders, using the Quantum signals might be the perfect solution for you. The fee of $99 per month is on the lower end for professional binary options signals.
Thanks for reading this review, we hope it was helpful. If you subscribe to the Quantum signals please add your comments below and share your experience.