Binary Options Trading Signals
4 stars based on
This SSP uses a Skype interface to provide real time signals from a group of professional traders. They have a variety of packages available and all for free, kind of.
There is no fee for the service, and you can choose to use whichever broker you wish, but to get the full package you must use their chosen broker, Safe24Options. There are quite a few different sessions available, corresponding to the different international markets. Signals are generated for forex binary options and 60 second trading.
The forex sessions are all equal to the daily session for the Japanese market, Australian market, U. The 60 Second trading sessions are all 30 minutes long and are tailored to suit each market. Signals are issued in a format telling you to buy a call or a put and at what price to target. There are some good points to this SSP that I would like to point out.
The Skype interface is pretty cool. This is a great use of the service and provides a valid source of real time signals, provided there are no connection issues. You can test this out by signing up for the free 3-day trial. This however is when the good points begin to fade away and I have to call BS on the whole thing. You know what that means? A big fat affiliate marketing scheme.
As for bad, I do not think very highly of 60 second trading. The time frame is just to short to be truly predictable. The reason binary options brokers like to promote this form of trading is because they make a lot of money off of it. Adding to that is the lag time involved with accepting someone else signals.
Sure Skype is fast but it is not instant. Once a signal is taken by the trader it most be typed and sent, then received and acted upon by you, the trader. How much time does that take? The option is only good for a minute, how much time can you waste getting into a position like that? The ugly is pretty ugly. Errors for which I am sure that Bls. For one, they tell you to take the nearest available expiry, which is OK if you are using their trusted broker.
If you are using the 3 day free trial this may not work for you and could lead to losses. How long do you wait for this to happen and when is the signal negated? A silly Spot Option white label trying to get traders by using the words 24 and Options in their name.
I like SpotOption and for the most part the brokers that use this platform. However, there are much better brokers with the same platform not to mention that the real 24Option is a better broker too. Of course they want to make money and that is their right. I personally would feel much better paying out right for a service than trusting to an affiliate marketer. The reviews are not good. This makes them worse than an affiliate marketer and a complete fraud.
This is a big conflict of interest and a total scam. You can not trust an SSP run by a broker because all they want is for you to trade and lose. Adding to this is a string of complaints about not getting withdrawals. Several replies from BLS. The Reviews The reviews are not good.