Binary options Signals

binary options signalsBinary option signals are an alert or message that provides information on a particular trade. The specifics will depend on the type of signal and the service being provided. Often these services to provide binary signals will incur a cost, either as a one off purchase of a system for example, or an on-going subscription for regular signals over the long term.

At binaryoptions.co.uk, we would advocate education over signals. Deferring investment decisions to a third party removes some of the ‘safety’ of risk management and control. We are aware however, that some traders will want to use them regardless. So we have highlighted some of the better providers.
(See the services we recommend below)

Types of binary signal

There is a broad range of binary signal services on offer and it is worth understanding them if considering their use.

  • Firstly there are free signal services. While these services provide a very cheap option, the provider will need to meet their costs from somewhere. How they do this may not be immediately obvious, but some will require users to sign up with a particular broker. These brokers are generally not the best choice for the trader – this method of user sign up puts the trader at considerable financial risk. Free signals are often offered alongside “get rick quick” marketing which is grossly misleading.
  • The next level of signals will be the paid variety, where the information comes from a single source. That might be an individual advisor or a single system.
  • There are then signals that are collated from multiple sources. These are normally only advised once a certain number of these sources highlight the same trade, or where a human trader confirms a trading signal highlighted by an automated algorithm.

How to find the best binary options signal service

To compare binary option signal providers, it first needs to be established what is being offered. So a good service might offer entry, exit and stop loss figures. Either exact figures or guidelines. There should also be some supporting information. This might be in the form of technical analysis, graphs or other data. A service might also provide some performance history. This could demonstrate the effectiveness of the strategy. The way a service is sold is also important – avoid any scheme promising instant riches.

So when looking to identify the best binary signal service, the following needs to be considered;

  1. Success rate. Normally expressed as a percentage, how often is this signal service correct. Or in other words, how many trades win?
  2. Number of signals, and frequency. This criteria links closely to cost. How many alerts are given, relative to any fee paid?
  3. Supporting evidence. How much detail is provided with each signal. This can also help to filter out any trades that the user might be uncomfortable with. If no detail is provided, each signal is difficult to judge.
  4. Price. The obvious one, how much does the service cost. The range of fees varies wildly, from free to very expensive. The costs however, always need to be compared relative to the other factors. Some services will be expensive for good reason.
  5. Free Trial. A service offering a free trial obviously has faith in the information they are giving out. If a provider does not offer a free trial, that might be because the results do not backup the promises.
  6. Additional Services. Some providers will offer services beyond the signals themselves – education or broker integration for example.
  7. No forced sign up. If a signal provider forces traders to open accounts with a particular brokers, that is a clear concern. Stay away.

There are a whole of different signals that might be offered, these might include;

  • Forex signals
  • One touch binary options signals
  • End of day signals

This variety can make generalising about a service difficult. If a trader wanted to concentrate on a particular trade type – such as ‘end of day’ trades for example, then a provider specialising in that form of signal would be most appropriate. So a trader must assess their own requirements in addition to comparing signal services.

Binary option signals providers

There are a huge range of binary signal providers. Some specialise in just providing signals, while others offer them alongside other related services. For example, some brokers will offer alert services or signals. With some providers, it is possible to try a trial service. This might be a good way to see exactly how the service operates, and what is provided.

Top 3 Brokers in the UK

The best binary options signals service?

We have identified some of the best signals services we have come across and give a summary of their services below. We have been approached by many providers and researched testimonies and comments of existing clients too and these are the services we would recommend to any traders wanting to invest in professional signal providers;

Binary signal Reviews;

 

Blue Sky Binary signals

  • Signals offered via the Signal Hive service
  • 7 day Free trial
  • Additional services offered include Education and the Binary Dashboard, a bespoke tool for traders, including the ‘tripwire’ price alert feature.
  • Combination of algorithms and experienced human traders.
  • Transparent service – View the latest performance graphics here
  • Access to the Trader Community

Visit Blue Sky Binary here

Blue Sky Binary currently represent the best option for traders looking for some form of assistance in their trading. A free introductory consultation is available, where both parties can establish what they require. The range of services offered mean that most requirements can be met, whether that is via education, signal alerts via the hive service, or automated trading system AutoTrader – this is sold with realistic price warnings regarding the potential swings in perform – another tick for the transparency of the operation.

Signals365 logo

 

 

 

  • Voted “Best Signal Service 2014” by Investoo.com
  • Proof of results regularly available. 65% to 70% finish in the money (winning trades)
  • Easy to use, broad range of expiry times used
  • Average of 120 signals provided each day
  • $99 per month – The service can be accessed for free, visit their site for full details.

Visit Signals365.com here

 

JohnAnthony Signals service logo

 

 

 

  • Binary signals are currently being offered free of charge.
  • Mobile App provided, so alerts are less likely to be missed.
  • Proof of results published daily
  • Average of 17 signals a day, with 72% finishing in the money (winning trades)
  • Currently a free service. A Forex signals service has gone recently live, and that requires a monthly subscription.
  • Service can be cancelled at anytime, so no long term commitment
  • Education tools provided, plus excellent multi-channel support

Visit JohnAnthonySignals.com here

 


For traders looking to trade with information on par with professionals, there is a service which offers the complete market information platform – Money.net

The service collates information streams, news, live prices and commodity updates (Sample screen shot below from just one of the information screens). It presents as much or as little of this information as the trader requires. There is also a 14 day free trial. The service offers outstanding value when compared to similar services and is the only information platform BinaryOptions.co.uk recommends;

Click here for more details;

Money Net logo

binary options market information


More on Binary Signals

Trading binary options can be one of the most profitable ventures you’ll ever come across on the web. With so many assets to work with and markets that are virtually open 24/7, there’s always an opportunity for making it big and finding an investment niche that you’re comfortable with – and can profit from.

On the other hand, the very features of binary options that make them attractive to investors also create challenges that need to be systematically addressed to minimise investment risk. Specifically, the following questions need to be answered if you are looking to increase the likelihood of success with binary options trading:

Which assets do you choose to work with? Would you limit your exposure by only trading assets that you are familiar with and completely ignoring assets that you have no prior experience in? What does that strategy ultimately mean for your investment flexibility and diversification strategy?

How do you identify assets to trade on any given day? Is it efficient to try and read up on the latest news covering a wide array of markets from stocks and foreign exchange to commodities in order to develop a personal list of assets to trade?

This is where binary options signals become a very powerful tool for savvy investors who want to increase their likelihood of success with binary options trading. Simply put: you don’t want to leave any investment decision to chance. Every decision you make should be backed by sound data and analysis. This subtly transforms options trading from gambling, to investing.

Signals Defined

In the world of investing, signals are leads or alerts that serve to guide you on how to invest for any given period. Given the immense scope of different investment instruments and the wide range of assets within each specific instrument class, it’s practically impossible to try and keep tabs of all the relevant assets. You can easily spend hours if not days trying to jump from stocks to options to commodities and foreign exchange and still not find a coherent strategy that will allow you to make informed decisions about your next investment.

Signals were developed to address this obvious need. If you are a series options investor, signals are tremendously useful because:

  • They give you targeted and actionable information that you can lean on when making investment decisions.
  • They remove the guesswork in your options transactions and give you a solid footing on which you can develop a coherent investment strategy.
  • They are developed by experienced organisations who use tools developed from years of application in the money market.
  • They are fresh and sent out in real-time.
  • They constantly evolve with the changing markets; because signals are developed by organisations who dedicate their time to analysing the markets.
  • You have a long list of prior transactions that you can use to pick out the best and most effective signal providers.

Why Signals are Necessary in Options Trading

The nature of binary options trading makes signals an extremely useful tool for options investors, and much more so compared to other investment vehicles.

For example, despite the perceived volatility and dynamism of stocks, there are not a lot of situations that makes a stock jump significantly on any particular day. It almost always takes a unique set of circumstances to significantly impact a stock’s position so much so that investing yesterday or today on a particular stock asset often does not lead to massive gains or losses. This is also the reason why stock investors can afford to play the stocks for the longer term, because the daily volatility is almost always negated by the prospect of long-term growth.

One cannot say the same for options trading.

To make significant profits with binary options, one almost always has to play the short-term game. This means hourly or end-of-day deals. Given the shorter investment times involved in each transaction, finding a way to understand the sources of volatility become really important.

This is where signals become really handy prompts for helping you make the right decisions. You need expert opinion on an asset’s current position and how it is expected to behave in the short-term. That requires a lot of data and analysis that experts can provide quickly and easily.