Learning about the various kinds of binary options signal providers can take a lot of time and energy. It can be difficult to build up enough trust with a company to feel confident in the signals that they provide, and the wide range of signal types, brokerage partnerships, and trade styles can change how comfortable a trader is in choosing to use a given platform.
At the moment, one of the best binary options signals companies ( don’t confuse them with top ten binary options brokers ) available for potential investors to use is Binary Options Trading Signals. While there are many different companies out there in the same niche, this particular platform offers a number of benefits to its clients, making it especially popular among binary options traders.
How It Operates
Most of the top signal platforms on the market today rely upon text messages or SMS services to offer investment suggestions to their traders. These are known as “passive” signals. In contrast, Binary Options Trading Signals has a platform in which users log in to view the real-time activities of a given trader. This allows to not only receive advice about what kinds of investments to chase after, but to experience the full range of activities performed by the signal provider, allowing individual traders to learn and grow in their skill over time.
A built-in chat feature is particularly helpful, as investors can ask questions and learn from direct experience. Skype partnerships also allow different investors that are a part of the team to talk amongst each other.
Because of the nature of this platform, the times in which activity can be observed are limited to a two-hour period between 9:30 and 11:30 a.m. in the Eastern time zone. In most cases, there are two kinds of trades used, the minute-long trade and the 15-minute trade window. What makes this unique is that traders can repeat minute-long trades as often as desired within that 15-minute period, leading to different results for every trader in the group. Most often, trades are performed within the Forex markets.
This particular service can include a little of a learning curve if you have used alternative signal providers in the past, but it is well-worth the time and energy used, as the service is known to be one of the best binary options signals providers around today.
Unlike other signal providers, Binary Options Trading Signals has a goal of looking at a calendar week to measure success, rather than looking at a single day or trade. In most cases, investors can expect to see between three and five signals given during each day in the time period listed above.
Due to the 15-minute trade window options, some traders can choose to use a strategy called the four-candle or Martingale system to double their current investment if they lose the first one, continuing until they reach a win.
Costs Associated with the Service
One of the things that is not currently available from this signal provider is the opportunity to try out the service at no cost or at a reduced price. Fees are charged bi-weekly and run just under a hundred dollars. However, the educational elements provided by the platform can make this upfront cost worthwhile to novice investors or traders who want to grow in their craft.
A Review of the Platform
Perhaps the most interesting thing about the signals provided by the Binary Options Trading Signals site is that investors can get a lot of information about the types of trades being performed, while learning not only from a master investor, but also from the successes and failures of others in the specific trade group that they are in. This offers unique benefits within the platform that simply cannot be matched by traditional service providers, many of whom just send out trade suggestions with the backing information about why the trade is being suggested.
This kind of trading strategy does require a decent amount of time to be set aside each day, especially if you are considering being active during the entire trade week, which is recommended, especially at the current fee structure for the use of the service.
There is also a lot of flexibility associated with this particular trade model, especially when different investors can use different techniques within the 15-minute trade windows. Over time, even novice investors can explore new strategies and explore their comfort with various tips and tricks while benefiting from the wisdom and experience of other investors within the group, sharing information about wins and losses.
As mentioned above, this kind of platform is not going to be the right approach for everyone, but there are a number of different kinds of investors who might see better long-term results with a partnership with this service. With educational elements, fairly good results, and a high degree of flexibility, Binary Options Trading Signals provides one of the more innovative signal provision services available today.