Binary Options Trading Signals by Franco – Full Review

4 stars based on 66 reviews

Even if you have a little knowledge about Binary Options, you must be aware of the fact that tons of Binary Options Signals are launched daily. But Wait, most of them really makes you any money? Are you having any problem in deciding a legit binary options system to invest in? Are you binary options signals bot to invest in any binary options trading binary options signals bot to make quick money?

Then, this post is exclusively written for you. As today team of BinarySignalsAdvise. Moreover, We are updating this Blacklisted Signals List regularly so that you will not lose your money on any of binary options signals bot scam software.

Now, you must be thinking how you can spot any scam product too. Below, we are listing some of the basic things which you should check before buying any software. So guys, it was all about Binary Options scams. We advise you to research a bit before investing into any software.

You can check this list of blacklisted binary options systems list to check if you are investing into any of the binary options signals bot software. You can also check individual review of each of software on our Binary Signals Reviews page. Feel free to contact us using Contact Us page.

System which is legit sells itself without any need of fake testimonial actually. So before investing in any software, always check whether testimonials published on official site are real or not. It is one of the most common thing in all scam systems. It is one of the dirtiest trick played by these Scam systems to get sales. Every legit software which will really make you money will be secured by SSL. You can binary options signals bot check whether any site has SSL certificate or not by checking your browser Address bar.

Binary Options systems claiming huge profit within short span of time are generally scam. A scam software generally claims to make you a Millionaire in single month or similar to that.

So, just binary options signals bot to opposite direction instantly whenever you spot any binary options signal claiming such kind of offer. Generally, scam sites are registered for short span of time. So before investing into any binary options system, make sure to check its domain age and its expiring date too. As no legit company will register any domain for short period of time and instead they will register it for many years. Wrapping it up, So guys, it was all about Binary Options scams.

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First though, what is the BinaryOptionBot 2. This is perhaps the first, it is at least one of the earliest, binary options robots to hit the market. This software provides automated signals on 15 different forex pairs and links you to you trading account for ease of trading.

The platform has a few different settings for time frame so you can view the assets on 1 minute, 5 minute, 15 minute, 30 minute and 60 minute time horizons. Unfortunately there is not much information on how the signals are derived but they are based at least in part on a percentage slide in the chosen asset and trend analysis.

So far as I can tell the signals are all in the same time frame, the chart settings on the platform are merely a tool for you to use when viewing the asset. The suggested expiry is 15 to 25 minutes which I suppose to mean either a 15 minute or 30 minute option, or the next best available expiry, depending on which broker you are using. The signals are delivered in a window to the left of the screen and include the asset, the time of the signal and the direction of the trade, either call or put.

At that point you will then need to enter the trade into your account and then wait for expiry. The BinaryOptionBot is not an auto trader or social trader at this time. The cost of the service is reasonable sounding at first. I say at first because after watching the video and learning more about how the service works I got a little miffed.

This is such an affiliate marketing scam that I have absolutely no desire to use it. BinaryOptionBot is most definitely an affiliate marketing scam. It may not seem so at first because there are no reviews, lists of approved brokers or any other broker specific marketing material on the website.

You already have to pay to get the software, why do you have to use his broker? I already have a broker, and for that matter, I already have more than one broker and more than one of those is on their list. What do you do in that situation? Further, this guy is suggesting you develop trading habits that I frown upon. Seriously, you want me to open 5 accounts with 5 brokers and make the same trade 5 times across each platform.

This not too too high but it is high, especially for a newbie. To me, his suggestions are 5X5 bad and could lead an unsuspecting trader into a pit of loss. Using the platform as advertised may also lead you into frustration. In order to make trades you have to enter them into the accounts yourself.

Even with the accounts easily available on the OptionBot platform it will still take you a minute or two to place all the trades. Davies suggests that this will increase your chances of overall winning because each trade will come in at a slightly different rate. To him this means that if an asset only moves a little you may win 4 out of 5 instead of 0 out 1. What this means to me is that if the asset only moves a little you have a great chance of winning 1 out of 5 which is completely unacceptable.

It is something else to intentionally throw good money after bad making 5 trades on the same asset and signal. There is no guarantee that any one signal will even be profitable, you might just lose 5 trades at once.

This signals provider is not recommended. This signals provider is not profitable or generates a large number of complaints.