Free Trading Education!
Free Demo Account!
Big Sign-Up Bonus!
Good Choice For Experienced Traders!!!
What Are Binary Options Signals?
Every financial trader or investment advisor relies on some type of trading signal before making a decision to invest their money into anything. It’s no different with binary options trading.
These crucial signals may range from simple overview of an asset, to a very complex financial analysis encompassing fundamental and technical analysis.
Ultimately, professional trading signals simply help the trader find better trading opportunities in the markets and/or make a decision.
Binary Options Signals are simply BUY and SELL trade suggestions optimized for binary options trading. Signals may include currency pairs, commodities, indices, stocks, or cryptocurrencies.
Binary options signals can be delivered via a push notification, text message, e-mail, live trading sessions, or via a customized website linked to a configured trading platform.
Signals are sent in real-time by professional traders or a set of technical algorithms that generate signals.
How can professional binary options signals help you trade better?
Trading is complicated and there are many factors at play, such as technical and fundamental analysis, self-control, risk management, adaptation to the changing markets, broker selection, platform configuration, assets selection, etc…
It can literally take years of learning before one becomes consistently successful at trading. The main keyword here is ‘consistently’.
A huge shortcut to achieving success in trading is to use quality trading signals and help from professional traders.
Successful traders have the necessary technical skills, market knowledge and specific character traits that help them succeed in the markets.
Fortunately, thanks to the power of the Internet and new platform technologies, anyone can now have access to winning binary signals issued by professional traders or trading algorithms.
Professional trading signals will enhance your trading experience. You will know when, how and what to trade.
Free Trading Education!
Free Demo Account!
Big Sign-Up Bonus!
Good Choice For Experienced Traders!!!
Technical analysis done by professional traders will increase your winning probability and you will be able to repeatedly beat the markets and your binary broker.
To find the right signal service visit: Top binary options signal providers
What do binary options signals look like?
The look of binary options signals can vary depending on the provider.
If the signals are delivered during live trading sessions they will most likely be delivered orally by the controlling trader.
Other signal providers that deliver signals via email or push notification to your mobile will provide written instructions.
Most binary signals contain enough information for the inexperienced trader to place a trade using any binary broker.
Good binary signals will specify the following information:
- time and price of trade entry (usually same time the signal is generated)
- the traded asset (EURUSD, GBPUSD, JPYUSD, GOLD, COPPER, etc.)
- prediction of the direction of the asset (usually indicated by words such as UP/DOWN or CALL/PUT or BUY/SELL
- price of the asset at entry
- expiry time
In terms of a received signals via a push notification, SMS, or email, the information will be shown as follows:
- SIGNAL TIME: 2020-06-01 17:21:05 GMT
- ASSET: EURUSD
- DIRECTION: BUY
- PRICE: 1.2039 USD
- EXPIRY: 1 HOUR
This signal information provides the trader with everything that is needed to execute a trade.
The sooner the position is entered the better. Since this is a BUY option, it might be risky to enter the position when the price is higher then the price of the asset when the signal was generated, in this case 1.2039 USD.
If the price is lower at the time of entry, but still well within the expiry time of the option, it should still be ok to trade it.
One of the major differences between Forex and binary options signals is that in Forex there is no expiry time given as positions are not bound by time and can be left opened for longer period if required.
Forex signals however, might include a suggested stop loss price level, and take profit level.
So how are binary options signals generated?
Binary options signals can be generated by traders who analyse the market in real time and send a manual signal to subscribers.
These are often professional traders who look at the charts and analyse the price action of an asset and compare it with its historical data and sometimes also current world events and price correlations.
Binary option signals generated by real professional traders might have a slight advantage of a human IQ involved in the financial analysis. An experienced trader can see things that no indicator can.
So generally these signalling services tend to have a slightly higher success rate than those generated by automated software.
In addition to sending quality signals, most traders also offer guidance to beginner traders which can also be very helpful if you are just starting out.
The other way to generate trading signals is by using automated software which may include indicators and trading robots.
Automated software scans financial assets in real time and issues automated signals when certain market conditions are met.
These conditions are pre-programmed and the generation of signals is automated.
Binary signals can be classified into two types:
- Manual – may be delivered by email, text message, streamed live, via website
- Automated – linked directly to your trading account
Some may add a third class, which is a mix of manual and automated signals, but most signal providers prefer to stick to one and specialize in it.
However, a growing number of providers that have started their signal service via manual means, for example streaming their live trading sessions online, now also offer premium fully automated trading in which their buy/sell signals are synched to your live trading account and trades are placed automatically on each signal.
Additional read: Free binary options signals (How and where to get them)
Binary signals sent via email or text message
Manual binary options signals are by far the most popular among providers and users. These services rely on programmed automated algorithms, an individual trader or a team of traders who are highly skilled in analyzing the markets to pull profitable setups from the charts.
This information is then relayed to their subscribers via an instant email or a text message. These binary signals will tell subscribers exactly what and when to buy or sell, as well as the expiry times for each trade.
A typical signal sent out will look like this:
Call EURUSD 11:28:48 @ 1.2134: Expires by 12:30
This signal means that the trader is being asked to take a CALL trade on the EUR/USD at a price of 1.2134, with the trade being valid as from 11:28am and expiring in 1 hour.
This is not always the format that SMS signals assume, but usually the signals’ provider will give some additional information on how their signals are sent, the format they will assume and how they can be traded.
One of the biggest advantage of using these type of signals is that you don;t have to sit in front of your computer to receive them.
You can be travelling and receive a signals to your phone and trade them using a mobile app from your preferred broker.
Binary option signals via live streaming of trader activity
Another mode of delivery manual binary signals is streaming them live online by a trader who shares his trading charts via a password protected website. These live sessions are very popular among users as they usually produce very good results and are completely transparent.
The subscribers get to view the actual trading charts and methods used by a professional trader who trades the market ‘in front’ of them. As a user you will need to observe and copy the trades being taken by the master trader.
In addition to the live streaming there is usually a chat window available where users can communicate with each other and also ask questions to the master trader who is explaining and calling the trades.
There are some advantages and disadvantages to this system. One major advantage is that as a signal user of this type you will learn a great deal about binary options trading by listening and watching a professional trader do his magic in front of you.
This is also a very cost effective method to educate yourself about trading and the markets. Professional courses of this type would cost thousands!
The subscribers get to view the actual trading charts and methods used by a professional trader who trades the market ‘in front’ of them by streaming hist online trading activity and market commentary.
One of the biggest disadvantages of these type of live signals is that the master trader usually trades at specific times of day, usually when the market is most volatile.
As a subscriber you need to commit yourself to these trading times, which some may find inconvenient.
On the upside, they only trade live up to two hours a day which will also define your working day.
Copying live signals is usually for binary traders who prefer trading short expiry times such as 1,2,5,15 minutes. A live trading room can be a very exciting experience.
Binary signals delivered via a web based platform
These signals differ from the previous two because the professional alerts are automated by trading software which is linked to a web based platform.
The trading software may be managed by traders in real time or pre-programmed using automated indicators that perform chart analysis in real-time.
The subscribers need to log in to the web based application which is just like logging into any password protected website to access its content.
When users are logged in they can follow the signals for various assets that are analysed in real-time.
The way to read the alerts may differ depending on the provide’s website and its programming and design but the alerts are usually very easy to follow and shown in percentages of trend expectancy.
These password protected websites are usually accessible across all devices.
They also use graphical design elements and clear layouts to present the information in an easy-to-follow format.
You get a 24/7 access to binary options signals through a unique web based platform powered by analytical software and/or human traders that analyze the markets and confirm signals.
The signals provided via web based platforms are good for super short term trades such as the 5-30 minutes or longer term trades such as 1-4 hours.
Binary signals delivered via a web-based platform are perfect for traders who want a more proactive approach to their trading and enjoy the guidance and easy access to professional alerts.
The biggest advantage of using these type of signal providers is that they usually don’t charge any monthly fees.
A very good example is Auto Binary Signals which charges a one time fee and has some excellent reviews.
As we have seen with most signal companies, they like to charge bi-weekly or monthly fees for their services. This type of service is an exception.
Automated binary signals – Fully automatic trading
Automated binary options signals services started in 2020 when the first attempts were made to use web-based software extensions which could be added to web browsers to execute trades automatically on binary options platforms.
This technology was able to break the barrier which had hitherto existed in this market, which was on how to create robots for web-based platforms since binary options did not make use of downloadable platforms.
Today, more and more companies are coming up with automated binary options signals services which involve the use of trading robots in a form of Expert Advisers which can be attached to the trading accounts of traders on their web-based platforms.
Robot trading is nothing new. Traders have been using robots for years now. Binary option robots simply trade for you. Your trading is entirely automated and you don’t have to do anything apart from the initial configuration.
There are also some innovations which have robots attached to conventional Forex platforms, and then signals are transmitted to the web-based binary options platforms by the use of software bridges.
There are some obvious disadvantages of allowing Robots to trade binary options. They only work within set parameters and you need to link your broker account to sync all trades.
How to confirm a binary signal?
The best way to confirm binary options signals is by looking at the price action patterns and candle stick patterns such as pin bars and support and resistance levels.
No software and no programming can predict the market at 100% success rate 24/7. It’s simply impossible to program for the unpredictable and volatile nature of the market. As result, some signals, whether automated or done with the help of a professional trader, will be wrong. This needs to be accepted.
The best advice for any novice binary options trader is to learn how to look at the price action and learn the most useful price action patterns and how to spot main levels of price support and resistance.
Are binary options signals legal?
Due to the amount of fraud by unregulated binary options brokers, governments and regulators had to step in to protect investors. As a result, some countries have limited the trading of binary options, or classed this activity as gambling, or banned it completely.
For example, in the European Union, binary options trading is only open to professional traders and institutions. In the US, UK, or Australia it is only allowed on CFTC-regulated exchanges. In Russia, it is classed as a gambling product. Yet in many countries in Africa and Asia trading binary options remains completely legal or it is unregulated.
However, when it comes to binary options signals, they do not require regulation because they are simply trade suggestions. The trader who receives them must decide whether to trade them or not, and whether it is legal to trade binary options in his/her jurisdiction.
Learn more about trading signals: Forex signals – Wikipedia entry
Binary Options: Signals, Strategies, Reviews
Trading and/or betting on financial markets is mostly a numbers game, but it also requires a lot of discipline, patience, and self control. Trading binary options, CFDs, and Forex involves a very high degree of risk.
The most popular pages
Here are some links to the most popular pages on Winatbinaryoptions.com. If you are venturing into the world of financial trading of binary options, CFDs, Forex or stocks, you will find a lot of useful and unbiased information on these pages.
Learn about binary options trading
Educating yourself about binary options trading will be the key to your success as a trader. If you’re venturing into this type of activity, you should learn as much as possible about trading and binary options as an investment vehicle. We try to bring some of this knowledge to light with free strategies and educational articles.
Please visit our Binary options education section to learn more about the industry and what it takes to become a successful binary options trader.
Binary options signals reviews
Professional binary options signals will give you the necessary edge that can make you a winning trader without a lot of effort or market knowledge on your part.
If you are not a trader or simply don’t have the time to do your own technical analysis, your best alternative is to use professional trading signals that will help you win in binary options.
To find the right binary options trading signal or strategy, please refer to our reviews of top binary options signals providers.
We try to review as many binary signals providers as possible, but we tend to focus only on the ones that have been in operation at least a couple of years.
Testing various signalling services involves research and a lot of attention to detail. We examine each company individually. We look at its business model, user feedback and reviews, length of operation, and last, but not least, the quality of the binary signals.
Here are a few direct links to our reviews of some of the most popular binary options signal providers for 2020.
Free trading strategies for binary options
If you’re looking for information on how to trade short term binary options using technical or fundamental analysis than visit our Free Strategies section. These binary options trading strategies, written by active traders, will help you to become a better trader. Strategies are designed for beginners, as well as, intermediate traders. Feel free to add your analysis, opinions and comments.
Free Binary Options Signals – Are They Really Free?
There is a saying that if something good is for free, then it can’t be that good. Free binary options signals is no exception, however there are a few legitimate ways to receive quality signals for free.
Today, in the age of aggressive technological progress we are often bombarded by a multitude of products and services for free. However, as we all know, these so called freebies always have a catch.
There are five major promotional tools that push the offer of free binary option signals online:
- Free automated signals offered to users via a trading robot
- Free signals when users join a specific broker
- Free signals by self-proclaimed ‘trading gurus’
- Trading indicators with free signals
- Free signals provided on social trading platforms
In many cases all three promotional setups and methods ultimately lead to the same purpose, to get the users to sign up to a specific broker.
Binary brokers spend a lot of money on various promotional tools to get as many people trading on their platform as possible. Running this blog we also get offers from many binary options brokers who want a platform to advertise their service.
Free signals offered for users if they subscribe to auto-trading
There are many binary options trading robots available online. They are often being marketed as free signals. Most of the binary options robots are free to sign up, however as trading requires to deposit money with a binary broker, many free trading robots force users to sign up to a specific broker. Sometimes the user is offered a few brokers to choose from within their trading robot system.
One of the reasons the trading robot signals are offered for free is because with each new user sign up the trading robot owners will be paid commission from each user and also a percentage from his/her additional deposits. Most brokers pay about $200-400 per each new qualified user (a client that deposits money), so 50 new users per month will make 10.000-20,000.
Letting a robot trade your account using fully automated signals can be extremely risky, but there is a lot of people who will argue the case for automated trading. They claim it as trading with no human emotion, which can be quite effective but it works much better in Forex trading which allows greater risk control and stop losses.
Too many people heard of high-frequency trading by robots and AI that is used in Forex on daily basis and they assume this is very similar. However, this type of automated binary options signalling service has nothing to do with high-frequency trading capabilities.
In HFT companies use very expensive and complex AI systems and computers directly connected to the markets, this is not the case with any binary option broker or any binary option robot.
Free signals when users join a binary broker
Many brokers have realized the potential of acquiring new clients by offering them a binary options signal service. Usually they guarantee a certain percentage of wins. It used to be that these signals were issued by the actual brokers themselves, but now the signal services offered by brokers are provided by a third party company or professional freelance traders.
This makes the system a little bit more neutral because there seems to be no conflict of interest. Remember that when you trade binary options you essentially trade against your broker and other traders. For this reason some brokers have recently closed free signals offers in exchange for other incentives.
If you find a broker that still offers a free signalling service, remember that just as we mentioned in the beginning of this article, nothing is for free. The idea is that when you sign up to a signal service with a particular broker you will trade on the signals.
The more you trade the more money the broker is able to make. It’s that simple. Although those free binary options signals might achieve a certain rate, reaching that level in a live environment is seldom possible due to server delays, late entries, or other aspects.
Free signals by self-proclaimed ‘trading gurus’
There are also many traders who offer free binary options trading signals to their subscribers. The reason they are free is the same as in the previous example. The subscription emails include offers to various brokers or one specific broker the ‘trading guru’ is affiliated with and gets a commission from them for each new sign up.
Alternatively there might be a different catch such as premium signalling service for which you need to pay a monthly subscription fee. So the free signals will be quite poor but the premium, subscription based signals will be much more accurate.
The free binary option signals offered by a ‘trading guru’ usually also include guidance, trading advice, as well as other information. Subscribing to this type of service is actually least invasive of all three. Usually it only involves giving out your name and email, as oppose to your mailing address and credit card.
Although this type of service might actually work well and be very informative, many of the ‘trading gurus’ take the easiest way out and send signals that are actually fully automated.
They usually use custom indicators to construct a free binary options signalling service. One of the most widely advertised free signals are John Anthony’s which supposedly are completely free. But let’s have a look at the most recent 18 trades based on those signals.
As you can see in the above screenshot out of 18 trades the signals were correct only 9 times, that’s a 50% success rate.
With this type of winning rate you would lose money. To understand the advantage that is necessary to win at binary options please read our post on whether it’s possible to make money in binary options.
50% of wins is never enough to win at binary options, regardless of which binary broker you use. 50% of wins will eventually drain your account.
So despite the fact that John Anthony’s signals are completely free, what use are they if you lose money on them? The only way to use such signals is for reference only, they are not to be traded on.
An experienced trader who receives such a signal should take a very good look at the charts and decide, using his or her market and analytical expertise to confirm each signal.
But if you at this level of trading, you don’t need to use an external signalling service. You can create your own signals.
So who subscribes to these type of signals?
Unfortunately, the people who subscribe most to such binary options signals are usually those who fall for the marketing and the empty promises of the people who run the signalling service.
Those who subscribe to such services don’t confirm any of the signals, they just trade on them. Unfortunately, more often than not, the end result is that they lose money.
Free signals using quality indicators and advisers
Another way to obtain free signals is via a trading indicator for MT4/MT5 or other trading software. Indicators are simply trading algorithms that are programmed for a specific trading platform such as MetaTrader. These platforms are free of charge and can be downloaded online and installed on your computer and used completely free of charge.
By default they come with the most common indicators, such as Moving Average , Commodity Channel Index, Volumes, etc. but there are thousands of custom indicators that are designed to do a lot more than the available indicators.
Custom indicators are usually built with a few indicators and their main use is to find trading opportunities and produce alerts. These trading signals can be visible on the chart, issue a pop up alert, or even send an email or text message to your phone alerting you of a trading opportunity.
There are thousands of free and paid technical indicators and Expert Advisers available for the MT4 trading platform.
Unfortunately, free indicators rarely include technical support and have limited features.
If you would like to give it a go with a free indicator to see how it works, you can use our Free BinaryViper MT4 indicator with signals.
In order to receive free signals via push notifications, SMS, or email, your MT4 trading platform will require additional configuration.
This whole experience of downloading, installing, and configuring the platform and the indicators or EA can get a bit technical and time consuming, so perhaps it’s not ideal for everyone.
There are many free custom indicators but there are also many paid ones also that often include support and whose coding is usually written to a much higher standard.
One of the best features of MetaTrader is that it has it’s own programming language (MQL4) and it can run automated trading strategies, known as Expert Advisers (EAs) that can be backtested and issue trading signals as push notifications, emails, or text messages.
Advisers can contain a number of indicators and specific trading rules. In fact, many of the binary options trading signal providers use Meta Trader Expert Advisers for technical analysis and signals issuing. This is nothing new.
This option of getting free trading signals via the MetaTrader platform obviously has a big learning curve. And in order to get high quality signals, your EAs or indicators must be very well configured and backtested. This will take a lot of time, especially if you’ve never done it before or you don’t know much about technical analysis and trading.
Luckily, there is another, easier option. It’s called social trading.
Free signals using social trading apps
Recently the newest attraction for the retail trader is the concept of social trading and copy trading. The idea is quite simple and most binary brokers today also offer some type of social trading feature. One of the most common ones is the percentage bar of buyer/seller preference on a given asset.
Etoro is the most innovative social trading broker in the world. It is also fully regulated in the EU, UK, and Australia.
They simply took social trading to another level. They built their entire online platform for a large community of traders to exchange ideas and copy trades of the best traders. Etoro is by far the biggest player in the social trading scene and it boasts millions of traders around the world.
When you sign up to their platform you will be able to search active traders and seek out the most successful ones based on the complex metrics of the system. Then, using the eToro’s copy trading feature you will be able to copy their account and their future trades.
In addition to standard Forex, the eToro social network also offers the possibility to trade many company stocks, indexes and cryptocurrencies. The company has been on the market since 2006 and it is the largest and most innovative social trading platform in the world.
There you can get free trading signals and trade suggestions and automatically copy the best-performing traders. You can also follow chart analysis and trading ideas for each asset as they are freely shared by traders on the network.
eTORO also offers various hands-off funds management. There are many funds to choose from, for example technology fund (Alphabet, Facebook, Amazon, etc.), energy sector fund, game companies fund, cryptocurrencies fund, etc.. The only caveat is that to join any particular fund, you need to deposit minimum $5000 into it. These funds are managed by professional traders.
There are other binary and CFD brokers that offer social trading features but eToro is by far the biggest and the most popular one.
Remember, stay safe and test all signals on a demo account first!
Free Trading Education!
Free Demo Account!
Big Sign-Up Bonus!
Good Choice For Experienced Traders!!!