As an investor exploring binary options trading, you likely seek trusted guidance on profitable trades. Websites like Best-Binary-Options-Signals.com promise exactly that – expert signals to boost your binary options success. But before subscribing, it’s wise to examine their claims thoroughly. In this article, we’ll dive into Best-Binary-Options-Signals.com in detail – assessing their signal accuracy, win rates, customer reviews, and more. With research-backed insights, you can determine if their signals service merits your hard-earned investment or if exaggerated marketing conceals subpar performance. Arm yourself with objective analysis before committing funds and rely on data, not hype, to maximize your trading returns.
What Is Best-Binary-Options-Signals(dot)com?
Best-Binary-Options-Signals(dot)com offers binary options signals to traders seeking guidance on which trades to place. According to their website, their team of “expert traders” analyzes the financial markets and generates signals indicating which direction an asset’s price is likely to move. Traders who subscribe to the service receive these signals via SMS, email, and the website’s signal dashboard.
How the Service Works
Subscribers are provided signals for currency pairs, commodities, indices, and stocks. For each signal, traders receive the asset, entry price, expiry time, and direction (PUT or CALL). The signals aim for an expiry window of 3 to 5 hours. Subscribers can then choose to place trades based on the signals if they wish.
Cost and Returns
Best-Binary-Options-Signals(dot)com offers three subscription plans starting at $99 per month. The website claims subscribers can achieve returns of up to 85% per month by following their signals. However, there is no guarantee of profit, and subscribers could lose their entire investment. As with any signal service, subscribers should do their due diligence to verify the legitimacy and accuracy of the company’s claims before signing up or placing trades based on their signals.
Is the Service Legitimate?
There are mixed reviews on Best-Binary-Options-Signals(dot)com. Some traders report making significant profits following their signals. However, others claim the service provides inaccurate signals and has poor customer service. As always, traders should exercise caution since binary options trading is risky and unregulated in many countries. Reputable signal services will be transparent in their methodology and provide verifiable track records of their signals’ performance. Traders should evaluate Best-Binary-Options-Signals(dot)com carefully based on these criteria before subscribing.
How Do End of Day Binary Options Signals Work?
End of day binary options signals provide alerts to traders after the market has closed for the day. The signals are generated based on analysis of the price movements and events that occurred during that trading session. Since the signals come at the end of the day, they aim to capture the overall trend and predict if the trend is likely to continue into the next trading day.
Timing and Delivery
End of day signals are sent after the close of the market, typically around 5 or 6 pm EST. The signals include details about which direction the trader should enter for the next day (CALL or PUT), the specific asset to trade, the suggested expiry time, and the price level to enter the trade. Traders must then place the trades for the suggested assets and expiry times once the market reopens the next day.
Analysis Methods
The analysis to generate the signals is performed by algorithms, expert traders, or a combination of both. The algorithms analyze metrics like the movement of the daily candlestick, momentum oscillators, and moving averages. Expert traders will analyze the price action, trends, and events from an overall perspective. By combining algorithmic analysis with human expertise, the aim is to provide high probability signals.
Benefits and Drawbacks
The main benefits of end of day signals are convenience since you get the signals after work hours, and the ability to see the market’s trajectory for the whole day. However, since the signals come after the close, you cannot benefit from intraday opportunities and you are exposed to potential overnight gaps when placing trades for the next day. End of day signals also require discipline to place the suggested trades promptly when the market reopens. For casual traders, the time commitment to actively monitor and trade the next day may be difficult to sustain.
In summary, end of day binary options signals aim to capture the momentum of the closing trading session and apply that analysis to predict if the trend is likely to continue into the next day. While convenient, these signals come with some limitations that traders should consider based on their own trading style and availability.
Evaluating the Accuracy and Reliability of Best-Binary-Options-Signals(dot)com
When determining the legitimacy of Best-Binary-Options-Signals.com, several factors should be considered. As with any signal provider in a volatile market such as binary options, past performance does not guarantee future results, but accuracy and transparency are good indicators of reliability. ###Track Record and Historical Performance
The service claims to have over 75% accuracy in the signals it provides to subscribers. However, without verified trading statements, there is no way to confirm this win rate independently. The site only shows a few trades that were allegedly successful but no comprehensive records of all signals sent out. For a service that charges up to $200 per month, subscribers deserve full transparency and accountability.
Quality of Signals
The signals themselves seem to be sent out haphazardly without much analysis or explanation. They simply state the market, investment, direction, and expiry time. For experienced traders, this may be enough information, but for novices, more details about why the signal is being sent would build confidence in the recommendation. The service does not appear to use technical or fundamental analysis to determine when and where to place trades.
Customer Service and Support
Best-Binary-Options-Signals.com does offer customer service and support to subscribers, but some reviews claim that getting responses to questions can take days or weeks. For a fast-paced form of trading like binary options, delayed support is problematic. There are also reports of poor service and lack of concern for subscriber issues or feedback.
In summary, while Best-Binary-Options-Signals.com may be legitimate and honest in its intentions, there are too many uncertainties regarding its performance, transparency, quality of service, and support to confidently recommend it as a signal provider for binary options trading at this time. More verified data and improved customer experiences are needed to determine if it can be a trusted and valuable resource for traders.
Best-Binary-Options-Signals(dot)com Pricing and Subscription Options
Basic Plan
Best-Binary-Options-Signals(dot)com offers a basic plan to get started for $99 per month. This includes access to three trading signals per day across three major currency pairs: EUR/USD, GBP/USD, and USD/JPY. Signals are delivered via email and SMS text message, so you can act quickly on new opportunities. This is a good entry-level plan for novice traders looking to get their feet wet in the binary options market.
Premium Plan
For more advanced traders, the premium plan at $199 per month provides signals across six currency pairs and commodities like gold and oil. In addition to email and SMS alerts, signals are also streamed live directly to members’ accounts on the Best-Binary-Options-Signals(dot)com website. An education center with video tutorials and daily market analysis helps premium members enhance their trading skills. This plan is ideal for serious traders seeking multiple signals each day to maximize their potential profits.
VIP Plan
The VIP plan is a customized, concierge-level service for high-volume traders. Pricing varies but starts at $500 per month. VIP members receive unlimited trading signals across all major currency pairs, commodities, and indices. They also get priority phone support from Best-Binary-Options-Signals(dot)com’s team of trading experts and complimentary one-on-one coaching. For traders looking to scale up their binary options strategy, the VIP plan provides the tools and support for optimal results.
In summary, Best-Binary-Options-Signals(dot)com caters to traders of all experience levels with flexible and affordable plans. Whether you’re a beginner exploring binary options or a seasoned pro, Best-Binary-Options-Signals(dot)com has a solution to help you achieve your trading goals and become a successful market investor.
FAQs About Best-Binary-Options-Signals(dot)com and End of Day Binary Options Signals
What types of signals does Best-Binary-Options-Signals(dot)com provide?
Best-Binary-Options-Signals(dot)com provides end of day binary options signals. End of day signals are issued once per day, usually around market close. These signals provide trading recommendations for the following trading day based on technical analysis of the previous day’s price action. The signals include the asset to trade, the direction (call or put), the entry price, and the expiry. Traders can then place the recommended trades the following trading day.
How are the signals generated?
The signals from Best-Binary-Options-Signals(dot)com are generated through technical analysis of the previous day’s price charts by expert analysts. The analysts identify trends, support and resistance levels, candlestick patterns, and other indicators to determine the likelihood of the asset’s price moving higher or lower the following day. When several factors align to indicate a high probability setup, a signal is issued. These signals aim to capitalize on short-term price momentum and trends.
What assets are covered?
Best-Binary-Options-Signals(dot)com provides signals for currency pairs, commodities, stocks, and indices. The specific assets covered include major, minor, and exotic currency pairs; gold and crude oil; large-cap U.S. stocks and stocks from major European and Asian companies; and major indices like the S&P 500 and DAX. With a wide range of assets, traders of many interests and risk tolerances can find opportunities.
How successful are the signals?
According to Best-Binary-Options-Signals(dot)com, their signals have a success rate of over 75% when following the recommended trading parameters. However, as with any signal provider, there is no guarantee of profit. It is important for traders to test the signals initially on a demo account to ensure the success rates match their needs before trading real money. Past performance does not guarantee future results, so the success rate may vary over time based on current market conditions.
In summary, Best-Binary-Options-Signals(dot)com aims to provide end of day binary options signals with a high success rate to enable traders to profit from short-term price momentum across a variety of assets. However, as with any trading strategy, the signals come with risk, so starting with a demo account is recommended. With the FAQs answered, you can now determine if end of day signals and Best-Binary-Options-Signals(dot)com meet your trading needs.
Conclusion
As we have examined, the claims made by Best-Binary-Options-Signals.com regarding their signal accuracy and profitability require further scrutiny before one can determine if they are a reliable and profitable signal service. While they provide some metrics and statements regarding past performance, without verified third-party auditing, you should be cautious before subscribing. Weigh the monthly subscription costs against potential risks. Conduct additional research, read reviews, and request trial periods when evaluating signal services. Trust but verify all claims through objective analysis before committing capital. Approach promises of easy profits with skepticism. Apply sound money management principles, use stop losses, and size positions appropriately to limit downside.
