You are considering using Best-Binary-Options-Signals.com for end of day binary options trading signals. With the proliferation of signal services available, it can be challenging to evaluate which one may be the best fit for your needs. This article provides an in-depth, unbiased review of the features, performance, and service offered by Best-Binary-Options-Signals.com. We evaluated real user experiences and conducted backtesting using historical data to assess the efficacy of the signals. Read on to discover the key findings from our evaluation, including win rates, risk management guidance, and overall reliability. With the insights provided, you will be equipped to determine if Best-Binary-Options-Signals.com aligns with your binary options trading objectives.
An Introduction to Best-Binary-Options-Signals.com
Overview
Best-Binary-Options-Signals.com is a binary options signals service launched in 2020 that provides daily trading signals with a focus on short-term expiries. The signals are delivered via SMS, email, and a mobile app at the start of each trading day. According to the service, their signals have a success rate of over 75% which is verified by a third-party. However, as with any binary options service, there is a risk of losing money.
How the Service Works
Subscribers receive 3-5 signals each day for currency pairs and commodities. The signals provide the asset, direction (call or put), entry price, and expiry time. Users must act quickly to place the trades as the entry price is only available for a limited time. The service is best suited for those with experience trading short-term binary options. For beginners, a free trial is offered to help get familiar with the fast-paced style of trading required.
Pricing
Subscription plans start at $99 per month or $250 per quarter. The service offers a 7-day free trial for new members to experience the live trading signals. Payment methods include major credit cards, wire transfers, and some eWallets. Discounts are offered for long-term subscriptions paid upfront annually.
Is Best-Binary-Options-Signals.com Legit?
While the service appears transparent in their approach and performance, as with any signals provider, there is always a risk of losing money. It is important to only trade with money you can afford to lose. Best-Binary-Options-Signals.com is not a scam but subscribers should go in with realistic expectations about the level of winning and losing trades. For risk-averse traders, a free trial is recommended to ensure it meets your trading needs before paying for a subscription.
How End of Day Binary Options Signals Work
Signal Generation
End of day binary options signals are generated by analyzing historical price data to identify trends and patterns. Analysts use indicators like moving averages, Bollinger bands, and pivot points to determine areas of potential reversal or breakout. Once a signal opportunity is identified, the details are distributed to subscribers.
Delivery Methods
These signals are delivered through various methods like SMS, email, website updates, and mobile app notifications. Subscribers can choose their preferred delivery method when signing up for the service. Email and website updates provide the most in-depth analysis and recommendations, while SMS and push notifications offer fast delivery of the core signal details.
Acting on the Signals
Upon receiving a signal, subscribers have until the market close to act on the recommendation. They will place a binary options trade based on the details provided in the signal. For example, if the signal predicts a bullish breakout, a “call” option would be purchased. If a bearish reversal is forecast, a “put” option would be bought.
Risk Management
No trading signal service has a perfect accuracy rate, so proper risk management is important. Subscribers should never trade more than they can afford to lose on any given signal. It is also wise to start with small trade sizes as you evaluate the quality of signals provided over time. You can then determine if the win rate and risk-reward ratio justify increasing your trade amounts.
In summary, end of day binary options signals aim to identify short-term directional moves in the market that traders can take advantage of with options expiring at close. By acting quickly on signals and managing risk carefully, subscribers have the opportunity to generate substantial profits from the service. However, as with any trading recommendation, past performance is no guarantee of future results.
The Accuracy of the Signals From Best-Binary-Options-Signals.com
To properly evaluate the efficacy of the signals provided by Best-Binary-Options-Signals.com, you must analyze the accuracy and win rate of the signals over an extended period of time. According to the company’s website, their signals have an accuracy of 82% and a win rate of 76% for end-of-day binary options. However, without verified data, it is difficult to confirm if these metrics are accurate.
Signal Accuracy
The accuracy of the signals refers to how often the signals correctly predict the direction of the market – either ‘Call’ (price will rise) or ‘Put’ (price will fall). The higher the accuracy, the more precise the signals. Best-Binary-Options-Signals.com claims to have an accuracy of 82%, meaning 8 out of 10 signals will accurately predict market direction. At this accuracy, following all their signals could produce consistent profits. However, to validate this accuracy, you would need to track and record the results of at least 100 signals to determine if the stated accuracy is legitimate.
Win Rate
The win rate refers to the percentage of signals that finish ‘in-the-money’ – meaning the option expired in a profitable position. Best-Binary-Options-Signals.com promotes a win rate of 76% for their end-of-day binary options signals. At a win rate this high, following their signals could lead to sizable returns over time. That said, to confirm their win rate you would need to invest in a large enough sample size of options based on their signals. Only then could you calculate your actual win rate to verify if it matches what is advertised.
In summary, while the metrics promoted by Best-Binary-Options-Signals.com seem impressive, there is no way to validate the accuracy or win rate of their signals without thoroughly testing and tracking the results yourself. Before relying on their end-of-day signals as part of your trading strategy, it is critical you determine if their stated performance metrics match reality. With your own data in hand, you can make an informed decision about the efficacy and profit potential of their binary options signals.
User Reviews of Best-Binary-Options-Signals.com
Best-Binary-Options-Signals.com is a popular provider of end-of-day binary options trading signals. Here we evaluate user reviews to determine the efficacy and usefulness of their service.
Accuracy and Win Rate
According to multiple reviews, the win rates for Best-Binary-Options-Signals.com’s signals typically range from 70 to 85 percent. While this is a respectable and profitable win rate for binary options trading, some reviewers note that the win rate is not always consistent and can vary significantly from month to month. The accuracy of the signals also seems to depend on current market conditions and volatility. When markets are particularly volatile, the win rate may drop.
Ease of Use
Most reviewers found the service extremely easy to use and follow. Signals are delivered via email and SMS text, and provide all the details needed to place trades, including asset, entry price, expiry time, and trading direction (call or put). The simplicity of following the signals is appealing for new and experienced traders alike.
Risk Management
While the signals aim for a high win rate, binary options trading is still inherently risky. Best-Binary-Options-Signals.com does not seem to provide guidance on managing risk through position sizing, stop losses, or other risk management techniques. Some reviewers recommend starting with small trade sizes to minimize losses while gaining familiarity with the service.
Subscription Fees
Subscription fees for Best-Binary-Options-Signals.com start at $99 per month. Some reviewers find the fees reasonable given the win rates and profits they have achieved following the signals. However, the fees may be too high for smaller accounts or traders just starting out. An initial trial period at a lower cost could help traders evaluate the service before committing to the full monthly subscription.
In summary, Best-Binary-Options-Signals.com receives mostly positive reviews for providing an easy to follow signal service with solid win rates and profits. However, the variability in accuracy and lack of risk management guidance are notable downsides mentioned in reviews. For the appropriate trader, the service could be a useful tool, but as with any signal provider, caution and risk management are advised.
FAQs About Best-Binary-Options-Signals.com and End of Day Binary Options Signals
###How Do End of Day Signals Work? End of day binary options signals provide trade alerts for the following trading day based on analyses of the previous day’s price action. These signals are generated after the close of the market and sent to subscribers to allow adequate time to place trades for the next trading session. The signals include the asset, contract type, direction (call or put), entry price, and expiry time. Subscribers can then choose which signals they wish to act upon.
What Assets are Covered?
Best-Binary-Options-Signals.com provides signals for currency pairs, commodities, stocks, and indices. The specific assets covered include the major and minor currency pairs, gold, silver, crude oil, natural gas, major global stock indices like the S&P 500 and DAX, and blue chip stocks. The signals are concentrated on the most liquid, widely traded assets to provide the best opportunities.
How Accurate Are the Signals?
Best-Binary-Options-Signals.com reports an average win rate of 82% for their signals. However, subscribers should be aware that past performance is not a guarantee of future results. Binary options are high risk, high reward instruments, and there is always a chance of losing money. It is recommended to only invest money that you can afford to lose.
Is There a Money-Back Guarantee?
Yes, Best-Binary-Options-Signals.com offers a 60-day money-back guarantee. If you are unsatisfied with the service for any reason within the first 60 days of subscription, you are entitled to a full refund, no questions asked. This provides an opportunity to test out the signals and ensure that they meet your trading needs before making a long-term commitment.
Do You Need Experience to Follow the Signals?
No prior experience is required to follow the signals provided by Best-Binary-Options-Signals.com. However, it is recommended that you familiarize yourself with the basics of binary options trading and develop a trading plan before using the signals. The signals provide specific trade details, but it is up to subscribers to determine proper position sizing and money management based on individual financial situations and risk tolerance. Some experience in analyzing price charts and using basic indicators may also be beneficial.
In summary, Best-Binary-Options-Signals.com aims to provide highly accurate end of day signals for binary options trading with a guarantee of transparency and quality. However, as with any signals service, there are no assurances of profit and subscribers trade at their own risk. Doing due diligence and managing risks appropriately based on your personal circumstances is advised.
Conclusion
As you have seen, Best Binary Options Signals provides a unique and potentially profitable binary options signals service. While results may vary and risks exist with any investment, their track record and user reviews suggest their signals can help traders make wise decisions. Of course, as with any service, do your own due diligence before subscribing. But if you are looking to maximize your binary options trading potential with end-of-day signals, Best Binary Options Signals is certainly one service to consider. With the right discipline and money management, their signals may help take your trading to the next level.