Binary Options Signals 2013
Binary options signals are alerts that are used to trade binary options contracts, which have been derived after analysis of the underlying asset to be traded.
When compared with its forex counterparts, binary options signals are still in an infancy stage. But as the number of binary options traders increases, and newer software applications and tools are developed, we will begin to see increased usage of binary options signals in the market.
Algobit is a signal bot that provides constant ongoing signals. It’s an algorithm that alerts you when you trends are forming e.g. when the market is likely to go up or when the market is likely to go down. Algobit runs on its own platform and trades are executed directly so you can leave it on autopilot.
Top Binary Options Signals Providers 2013
- Free Signals From Other Traders In Our Live Chat
- Binary Options Pro Signals Review (BOPS)
- Binary Options Stock Signals Review (BOSS)
- Binary Options Expert Signals Review (BOES)
Signal Providers That Are NOT Recommended
How are binary options signals derived?
Many binary options broker platforms are still rudimentary. Many of them lack charts and tools of technical analysis. It is the job of the binary options signal provider to look at the underlying asset, find a way of analysing it for future price movements either by fundamental or technical analysis, determine the behaviour of the asset as per the type of trade to perform, and then relay the signals to those who will use them.
Due to the fact that the binary options market is not as fast-paced as the forex market, subscribers to signals usually have enough to time to implement the signals, provided internet or phone connectivity issues do not prevent the relay of the information to the subscriber.
Video Explaining How Signals Work:
Methods of Transmitting Binary Options Signals
There are several methods of relaying binary options signals. They are as follows:
a) Via SMS. Here, the trade signals are sent to subscribers via SMS after being generated by the signal provider. The advantage of this system is that it is fast and it is easy to implement, especially as many brokers have started adopting and deploying mobile-based trading platforms. In the old days, this was not the case. Sometimes a trader could receive a trade alert when he stepped out to buy groceries and had to wait until he got to his computer at home to implement the signals. Now that we have smartphones all around us, this should not be an issue.
b) Via email. Prior to 2006, this depended heavily on having a computer connected to the internet. But then Steve Jobs and his fellow computer geniuses gave us the iPhone, the Android-based devices and the Windows-based smartphones, and we are now in an age where traders can login to their trading platforms and email boxes, extract the signals and implement them on the trading platforms.
c) Account-Linked API Programs. Here subscribers’ accounts can be directly linked to the services of the binary options trading signal provider, so that whenever a signal is generated, it is implemented immediately on the trader’s account automatically, without the trader having to do this manually. This is the next generation of signal development and is currently not widely available. Where they exist, these are developed by professional programmers.
Binary Options Signal Providers 2013
This signals provider offers its signals at a monthly rate of $29.95, with an opportunity to cut the costs slightly by $4.95 monthly when subscribing for three months at a cost of $75. Signals are sent 8 to 10 times a month, usually via email. Payments are made via Paypal and through third party credit card processing, also by Paypal.
They currently have a special promo going on. As an affiliate partner to Anyoption, this binary options signal provider is offering two months of free signals worth $60 to traders who open and fund a binary options trading account with Anyoption to the tune of $100.
This binary options signals provider issues trading signals to traders under the brand name of Assaxin FX8. They operate several categories of signals services. There is a VIP signal service, further subdivided into bronze, silver, gold and platinum accounts where various freebies are given to traders. There is even an opportunity to win an iPad 2 if the trader maintains a Platinum account worth between $5, 000 – $10, 000. Subscription payments for signals are made via Paypal.
The advantage of using Assassin FX8 signals services is that this company also provides trading systems with audio and visual presentations for traders. Traders can have a 3-day, non-obligatory free trial to enable them try out the signals services to see if it works for them before they subscribe.
Traders are advised to make use of the free trials to test the quality of these signals before subscribing to them.