Flag Trader Review

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The Flag Trader is a system designed to teach the individual investor how to use chart patterns to achieve amazing profits. It relies on a strategy that identifies volatility in the markets which translates into significant returns. It consists of 8 DVDs that reveal the secrets of trading with chart patterns and is ideal for all traders, whether you are a novice or experienced trader.

Here is what you get:

• All 8 Video Training CDs
• Guy At Seminars: Profit from Trends and Flags DVD online
• Exclusive Access to the Inner Circle online tools to help you trade in just minutes each day
• Timely, regular alerts direct from Guy
• Full-time telephone & email support
• 30-day 100% satisfaction guarantee

Q. I don’t know anything about trading. How can this work for me?

A. No problem at all. Guy is a master teacher, and the start of the course assumes no prior trading knowledge.

Q. How much money can a trader make following this strategy?

A. The upside is unlimited. When Guy first started using this strategy, he turned a starter account of $14,501 into $187,641 in just 6 months

Some Testimonials:

Best Teacher in this Field

“I read your email about the flag pattern and I would like to admit that you are the best teacher in this field. First I watch the cnbc about the market news then i select from Flag-Trader those stocks that I think will move up/down like banks, mortgage and medical. ”

A. Abdirazak

$2,600 profit in Two Days!

“I picked out AIG on Wednesday, February 27, 2008 and I bought 20 cont at total cost $7.90. I sold on Friday, February 29,2008 at $ 9.20. I made a profit of $ 2,600.00 in two days! ”

A. Abdirazak

Buy it here: Flag Trader

Learn More: Click Here

Video

Flag Trader Review Video

Flag Trader Review Video 2

Flag Trader Review Video 3

Images

*Disclaimer: The material below is taken from Guy Cohen’s Flag Trader ebook.

Three Easy Steps

 

 

The Flag is a Consolidation Pattern

 

Flag Pattern Close Up

 

Six Days Later

 

Twelve Days Later

 

Flag TradeFinder

 

 

 

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A Review of Guy Cohen’s Private Traders Club

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 OptionsXpress Review

With so many options brokers on the market, choosing the right one for your needs can be difficult, especially if you are new to the world of trading. This review will look at a highly reputable and quite popular options broker and will hopefully provide you with sufficient information to make a decision whether or not this company is the right fit for your needs.

OptionsXpress: An Overview

OptionsXpress has become quite popular among retail traders due to their great customer service and wide variety of trading tools that have all been designed to help increase profitability. This broker also offers extensive education for novice options traders, extensive research to help veterans open profitable positions and even broker-assisted trading, all for free.

Opening up an account with OptionsXpress is a quick and easy process but still very secure. You have multiple options when it comes to account types, including individual accounts, joint tenants with rights of survivorship, trusts, corporate and LLC, partnership, custodial account and many more. You also get a $100 bonus for opening a new account.

The OptionsXpress Trading Platform

OptionsXpress offers a very user-friendly trading platform for free. Traders can access the platform either from their desktop or directly via their browser. The broker also offers mobile access for iPads, iPhones, Blackberries and Android based phones as well as non-smart units.

The platform has a great charting feature that offers quotes in real-time thanks to the extremely fast streaming that is powered by Java. The system allows traders to display quotes in seven different patterns, including percentages, bar and candles. Additionally, any tool or indicators can be applied to the charts, including Bollinger bands, Fibonacci, MACD, stochastic and many more. There is also an option to see historical data for the Dow.

Besides the great trading platform, OptionsXpress also offers a wide range of powerful trading tools. The majority are quite easy to use, even for the novice trader. For example, FleXCharts allows traders to customize how they view the market, Chains is an all-in-one screen offering quotes in real-time, intrinsic and time values as well as a complex spread construction.

OptionsXpress: Virtual Trading

To allow new traders to acclimate themselves with the system as well as to learn more about trading options, OptionsXpress offers a fully functional virtual trading system. In other words, traders can open positions with virtual cash and trade in real market conditions. This is an invaluable feature since you need practical experience to trade successfully. There is a limit to how much you can learn solely from theory without applying your knowledge in practice.

You get a starting balance of $25,000, live data and you can also reset your balance if you aren’t happy with your progress. It is highly recommended that novice traders stick to virtual trading until they are making a consistent profit before moving on to live trading.

OptionsXpress: Fees

In terms of fees, OptionsXpress is quite competitive but their commissions on stocks and ETFs are a bit higher than average. However, that is understandable considering they offer so much for free and have excellent customer service.

When it comes to options trading, the fee is $12.95 for active traders if trading up to 10 contracts or $14.95 for non-active traders. For over 10 contracts, active traders will pay $1.25 per contract while non-active traders will be charged $1.50. So, if you want to open a position with 5 contracts, for example, it will cost you $12.95 as an active trader. For 50 contracts, you will pay a total of $62.50, while 100 contracts will cost you $125.

The stock trading fee is $8.95. If you want to exercise your options, it will cost you $9.95, while the options assignment fee is $5.

While these fees might seem a little higher than average, you also get a lot in return. For example, you have access to a wide range of tools and educational materials for free. OptionsXpress offers such tools as an options chain/string, a probability calculator, an options screener, a strategy builder and optimizer, a call/put spread scanner and more.

You will also be able to place various types of options trades. For example, you can go with the simple long and short calls and puts, or with collar and vertical spreads. You can take things even further with time and diagonal spreads, strangles, straddles or many other complex strategies such as back-ratio, condors and butterfly.

OptionsXpress doesn’t limit traders to a single type of trading, though. With the same account you can also trade ETFs, Futures, mutual funds, penny stocks and bonds. If you want help with your trading, the fee is $8.95.

This broker also prides itself on not having any hidden fees, so you will find there are no annual maintenance fees, inactive account fees, IRA fees or even minimum balance fees. In fact, there is no minimum deposit requirement at all. You can just open up your account and start trading on the virtual platform with no need to deposit funds.

There are a few other fees, but these generally refer to fund transfers, such as a $15 fee for overnight check delivery via Fedex or $40 if you want it delivered on a Saturday.

OptionsXpress: Tools

OptionsXpress is determined to do everything they can to help their customers make a profit, a fact made clear by the number of powerful trading tools they offer as well as the extensive research done on behalf of their traders. Thus, as an OptionsXpress customer, you will have access to such tools as a wide range of calculators, level 1 and 2 quotes, automated trading, charts and graphics, various scanners and screeners to help you more easily identify the right traders, custom watch lists and much more.

OptionsXpress: Education and Customer Service

OptionsXpress offers some great tools, including live and recorded webinars, video training and thousands of articles on options trading. Essentially, even if you are completely new to options trading, if you go through the materials available, you won’t have any issues becoming profitable, especially if you take the time to practice your skills on the virtual trading platform.

The customer service from OptionsXpress is also unparalleled as they offer live chat weekdays from 8 AM to 10 PM EDT and 10 AM to 2 PM on the weekends. The phone is also manned during the weekdays from 9AM to 10 PM and you can send in any questions you have via email and they will usually be answered the following morning even if you sent the email in late at night.

OptionsXpress has won several awards, including 5 stars form Smart Money in 2009, 5 stars from Kiplingers in 2011 and 4 stars from Barrons from 2002 to 2012. It’s quite understandable, though, considering all the great tools and features this broker offers for both the novice trader and veterans.

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OptionBit Review

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AnyOption Review

AnyOption was founded in 2008 and is regarded by many as one of the most professional binary brokers in existence. According to the AnyOption website the company is owned by a group of “reputable individuals” with many years’ experience of many types of trading. The company is based in Cyprus and, in common with many binary options sites, is unregulated. AnyOption welcomes traders of most nationalities, including those from the United States.

Complaints

A search for complaints about the site uncovers a variety of negative comments, most of which are from customers who lost money trading with them, including some who claim that even when their trades finished ‘in the money’ their winnings were never credited to their account. On the other hand, the vast majority of those who comment on AnyOption are highly satisfied with the service they have received.

Platform

The site uses its own proprietary platform, which has become the template for many of the newer trading platforms such as SpotOption. The platform is entirely web based, so there is nothing that needs to be downloaded. Trading can be done on mobile phones with free apps for the iPhone and Android operating systems, but at present AnyOption does not offer a virtual or demo account. The trading platform is very easy to use – the site’s watchword would appear to be ‘simplicity’.

Trades

AnyOption offers an impressive range of trade types and assets to cater for all trading tastes. Trading types supported include:
• Standard binary Up/Down, where the trader bets on whether an asset will be above or below its current value when the trade expires.
• One Touch, where the trader bets that an asset’s value will touch a fixed value before the expiry period. This type of trade is available at weekends when the markets are closed.
• Options +, whereby an option can be bought with a fixed expiry time, but sold back to AnyOption before the expiry time is reached, whether the trade is ‘in the money’ or not.
• Roll Forward, a feature that allows a trader to extend the expiry period of a trade if it is losing.
A rather restricted range of expiry times is available with AnyOption, as follows:
• End of the hour
• End of the day
• End of the week
• End of the month
Unlike most binary trading sites there is no facility for a 60 second or 5 minute trade.
A large range of tradable assets is available, over 140 in total, including: currency pairs (such as Euro/Dollar), indices (for example, the German DAX or the FTSE 100), stocks (such as Apple or IBM) and commodities such as gold or oil.

Payouts

Payouts for binary trades are high if the trade succeeds, or if it ends ‘in the money’. In this case the payout will be in the range 60 to 400 percent, depending on the type of trade involved. The payout for the basic Up/Down trade is usually around 60 to 70 percent, depending on the asset traded and the expiry period. Returns for successful One Touch trades are the highest at anything up to 400 percent, but these trades also carry the highest risk factor.

Payback and Risk Management

Should a standard Up/Down trade finish ‘out of the money’ – that is, if it fails – then a payback of 15 percent of the stake is given, thus reducing the risk of a losing trade. Another risk management facility is the Option + trade, where a trade can be sold back to AnyOption at any time up to its expiry, though it should be noted that AnyOption is entitled to buy back the trade at any price it deems fit! No payback is given on out of the money One Touch trades, and with these the option to sell the trade back does not exist. The final risk management aspect of AnyOption is the ability referred to earlier to extend a trade’s expiry to give it more time to succeed.

Minimum/Maximum Trade Amounts

There do not appear to be any restrictions on the amounts that can be traded in AnyOptions; although some reviewers do claim a minimum trade of $25 there is no mention of this in the company’s website.

Deposits and Withdrawals

Trading accounts may be opened in US Dollars, Euros or Pounds Sterling. The minimum deposit value is at present $100, EUR100 or £100, and there is no maximum deposit. AnyOption provides a large range of payment methods depending on the country of residence of the trader, including credit and debit cards and wire transfer. Profits can be withdrawn without charge once a month, and if additional withdrawals are required, they can be arranged for a fee, currently $30. There is no limit as to the amount that can be withdrawn, and the withdrawal process can take up to 7 business days to complete.

Education and Research

AnyOption uses Reuters news feeds to provide research information to users, and also uses Reuters to obtain up to date asset prices. There does not appear to be a great deal of educational material on the site, apart from a rather restrictive FAQ page.

Customer Service

AnyOption provides customer service through the media of email and telephone, and several languages are supported. Especially useful is the ‘call me back’ facility on the AnyOption website – if details are left AnyOption will make contact to discuss any support issues.

Recommended for …..

Although the AnyOption platform is very simple to use, making it very useful for beginners, it is also used by experienced, professional traders. AnyOption is particularly recommended for Up/Down, One Touch and Option + trades and for its Roll Forward facility.

Awards

AnyOption does not appear to have won any awards.

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24Option is a company that has been in business since 2010. They are owned by 247 Holdings Group Ltd and they are headquartered in London, England. This site caters to the novice or the expert. They have an extremely easy platform that most find to be very user friendly. Using their convenient website, it is possible to trade in 16 different languages. They are one of the pioneers in online binary options trading, and maintain a good reputation as an online broker.

This site allows traders from the United States. They are user friendly to many countries and are fully regulated. They are owned by the same company that owns Trade Fair, known as 247 Holdings Group Ltd. Though the company was established in late 2009, it was not until 2010 before the site went public and allowed trades to be conducted. They have one of the best website appearances of all the trade sites. They are easy to navigate and make trading binary options an enjoyable experience.

Complaints

There are no complaints listed against the company at this time. With an outstanding reputation, it makes trading seem less of a risk with this online broker.

Platform

The trading platform is 100% web based, so there is never a need to download any software. They have a mobile app that can be utilized for those who have an iphone, ipad, Blackberry, and all Android based smartphones.

Virtual Trading

24options allows virtual trading for those who want to do a test run. To complete a test trade, the account holder must have a fully funded account in order to use the demo account feature. Real time data is used and the balance can be reset. This is one of the few virtual trading options available for binary brokers.

Trades

This site has a few standard types of trades, they are:

•High/Low
•One Touch
•Boundary
•Barrier Options/ Double “No Touch”
•In/Out or Boundary or Range

They also offer 60 Second Options, but at this time do not have trade options like Roll Forward, Triple Options or Options Builder.

Expiry times

They offer many trading time frames, they are:

•60 seconds
•5 Minute
•15 Minute
•30 Minute
•1 Hour
•1 Day
•1 Week

Assets

Trading assets is a favorite way to trade binary options. This site allows trading of the following:

•Stocks
•Commodities
•Currencies
•Indices

Payouts

The Binary Options Payouts are pretty good with this site, actually some of the highest amounts in online trading. They offer In the Money Payout between 80 to 310%.

Payback / Risk Management

They also offer Out of Money Payout (payback for loss) of up to 15%. Those who like some protection with their investments will like the risk management option. They offer protection rate or out of money payback of up to 15%.

Minimum/Maximum Trade Amounts

The minimum trade amount with 24optins is $24. The maximum trade amount allowed is $15-$20k.

Deposits/Withdrawals

The minimum deposit amount allowed is $250. To start an account is relatively simple. To make a deposit to start trading, one has many funding options to choose from. They accept a wire transfer, Western Union, Liberty Reserve, Money Gram, Money Backers and PayPal.

They do have special accounts but there are requirements. They offer the Standard, Gold and Platinum accounts. These accounts will entitle traders to special features and advantages that are normally not available to regular traders.

There is no limit to withdrawal. After a withdrawal is processed through the system, it will take approximately 5-7 days to receive the money. They offer the option of having a withdrawal by credit card with a 3.5% fee, wire transfer with a $30 fee, Skrill (Moneybookers) Digital Wallet with a 2% fee, Liberty Reserve with a 1% fee, as well as Money Gram, Western Union and Cash U. Traders have reported that there are no problems in receiving their payouts.
Education and Research

24option does not offer any research tools at this time. They do have an extensive online education program for their users to utilize. The have webinars that are both live and recorded, video training and other lessons and materials to be utilized.

The trader’s manual is for those who are new to this website and also those that are new to trading binary options. In this section a person can see current web content for market updates, as well as viewing history of stocks and the market itself. Those who are interested in finding out more about the company can also look under this tab. Any questions about trading with this site should be answered in this section.

Those who want to see the movements in the stock they are interested in dealing with will having easy access in the trader’s manual. If a person likes what they see, they can actually conduct a trade right from this screen.

Customer Service

Unlike some other online brokers, they offer 24/7 customer service via phone support. They offer email and also live chat. There are no retail locations at this time. Their customer support staff can provide assistance for those who speak, French, Italian, Japanese, Romanian, Spanish and Turkish.

Recommended For

Those who are looking to trade High/Low, One Touch or No Touch, Barrier Options/ Double “No Touch” or In/Out or Boundary or Range will find that this site is excellent. However; those who are looking to trade Take Profit, Triple Options, Matrix, Option Builder and Roll Forward will have to look elsewhere. As one of the best companies in the online binary options trading arena, they make the experience both easy and fun.

Specials/Notable Mentions/Awards

24option is constantly running various special to entice new traders. Currently, they are offering a special to deposit 10,000 and get a free ipad. They also have their standard 24% welcome bonus and the no risk trading program.

As an established broker, with a good range of options, it is easy to see why so many people are choosing this site as the place to trade binary options.

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iOptions was founded in 2008 when binary options trading was first sanctioned by the Securities and Exchange Commission, and since then it has developed into a highly regarded binary options trading website. iOptions is owned by iOption Consulting Services Ltd, based in Cyprus and, in common with many binary options sites, is unregulated. The site welcomes traders of most nationalities, but will not accept traders from the United States. A search for complaints about the site uncovers very few negative comments – the only real complaint has to do with false advertising.

Platform

The site uses the SpotOption platform, which is used by many binary trading websites. This platform is entirely web based, so there is nothing that needs to be downloaded. There is as yet no app for trading on mobile phones, and at present iOptions does not offer a virtual or demo account.

Trades

iOptions offers an impressive range of trade types and assets to cater to all trading tastes. Trading types supported include:

• Up/Down, where the trader bets on whether an asset will be above or below its current value when the trade expires;
• One Touch, where the trader bets that an asset’s value will touch a fixed value before the expiry period;
• Barrier or Double No Touch, which is the opposite to One Touch, where trader bets that an asset’s value will not go above or below a specified value before the expiry period;
• Options Builder, a tool that allows experienced traders to construct their own positions;
• Roll Forward, a feature that allows a trader to extend the expiry period of a trade if it is losing.

Expiry Times
A wide range of expiry periods is offered, ranging from 60 seconds to one month, with virtually all periods covered.

• 60 Seconds
• 5 Minutes
• 15 Minutes
• 30 Minutes
• 1 Hour
• 1 Day
• 1Month

Assets

There is a huge range of assets available, some 80 in total, including:

• Currency pairs (such as Euro/Dollar)
• Indices (for example, the German DAX or the FTSE 100)
• Stocks (such as Apple or IBM)
• Commodities such as gold or oil

Payouts

Payouts for binary trades are high if the trade succeeds, or if it ends ‘in the money’. In this case the payout will be in the range 70 to 400 percent, depending on the type of trade involved. The payout for the basic Up/Down trade is usually around 70 to 85 percent, depending on the expiry period.

Paybacks/Risk Management

Should a trade finish ‘out of the money’ – that is, if it fails – then a payback of 0 to 15 percent of the stake is given, again depending on the type of trade. This payback contributes greatly to the risk management aspect of the site, in that the stake is never completely at risk – even with a losing trade the trader should retain up to 15 percent of it. The option is also given to buy back a losing trade, at a cost, of course. The final risk management aspect of iOptions is the ability referred to earlier to extend a trade’s expiry to give it more time to succeed.

Minimum/Maximum Trade Amounts

The minimum stake that can be traded is only $5, and the maximum is $5000, so there is a trading level to suit everyone. Before any trading can take place, some cash must be deposited into the trader’s account. Accounts may be opened in US Dollars or Euros. The minimum deposit value is at present $200 or EUR200, and the maximum (by credit card) is $5000, or EUR5000.

Deposits/Withdrawals

There are three levels of account available with iOption: Starter (up to $500 initial deposit), Trader (up to $2000) and VIP. Each account type has an associated welcome bonus. The main difference between the account types would appear to be the level of support and one to one training given, with the VIP naturally providing the most. Profits can be withdrawn without charge once a month for members using the Starter account, and twice a month for Trader and VIP account holders. If additional withdrawals are required, they can be arranged for a fee, currently $30. There is no limit as to the amount that can be withdrawn, and the withdrawal process can take up to 7 business days to complete.

Education and Research

iOptions uses Reuters news feeds to provide research information to users, and also uses Reuters to obtain up to date asset prices. Trading alerts can be set up within the site, but only for VIP members. iOptions provides plenty of educational material, including training videos, an extensive knowledge base, a forum known as the iOption Academy and an ebook review page.

Customer Service

iOptions provides customer service through the media of email, telephone and live chat. Telephone support is provided between 07:00 and 22:00 hours GMT in a number of countries, and several languages are supported. Live chat is also available during the same hours as telephone support.

Recommended for

Unusually for binary options trading sites, iOptions is used by beginners and by experienced, professional traders. The user platform is very simple and uncluttered, making it ideal for the novice trader, but the sheer quantity of underlying assets that are available also make the site invaluable for the professional. iOptions is particularly recommended for Up/Down, One Touch and Option Builder trades, for its Roll Forward facility and for 60 second options.

Awards

iOptions has won one particular award, the FxEmpire Most Reliable award for 2011.

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The post iOptions Review appeared first on Options Trading Reviews.

EZTrader Review

EZTrader is a pioneer in the online binary trading options. While they got off to a rocky start at their inception back in 2008, a takeover by WGM and a vast array of improvements have shown that they were a force to be reckoned with. They are known for their platform and its ease of use. This custom platform is so simple that virtually anyone can use this site. EZTrader has a large following. This site is a great place to conduct trading of binary options. They have been around long enough to know what works and what doesn’t and are always working to improve their site.

US Traders and Languages

Located in Cyprus, this broker allows US traders to utilize their site. They offer services in several languages, including English, Spanish, German, French, Italian, Portuguese and Turkish. This site is very user friendly for any US trader.

Regulation

EZ Trader opened its doors in 2008. Their concept was well received, but due to a great deal of complaints and user problems, they were not instantly successful. When Win Global Markets or WGM took over in 2011, things began to improve dramatically. Located in the country of Cyprus, this company has been constantly working and improving the shortcomings that plagued them at their inception. They are currently not a regulated company due to their location. They have begun to see increased growth and the new company seems to have made a website that people can feel comfortable and confident about trading binary options.

Platform

Different from other binary options brokers, this site retains a unique platform that they own. The advantage of this platform is that it is easy to operate and very user friendly. This platform has recently drawn new binary traders to their site in record numbers. One of the main improvements to the trading platform was the reduction in the lockout time. While the lockout time used to be 15 minutes, reducing it to 5 has been a positive change for the site.

Web-Desktop-Mobile-Virtual Trading

This company has a web based platform that is able to be easily utilized in several languages. Recently, they released a smartphone application called “EZMOBILE”, which was met with great success. This application allows traders to take their binary options trading to a new level. While they only have desktop trading at this time, it is doubtful with the personalized web platform, that they will ever consider that option. They do not offer virtual trading at this time.

Trades

Currently, this site is just focused on two trading  strategies. They offer the following types:

•High/Low

•Take Profit

Expiry Times

Their expiring times are rather short. The reason for the shorter times is due to the fact that the options are based out of the United States and there is a short window of hours that these items can be traded. They offer:

•1 Hour

•1 Day

•1 Week

Assets

They have more than 48 assets that can be purchased. With this site, those who choose to invest have many choices. They are:

• Commodities-4 pair

• Currencies-9 pairs

• Indices-9 Various

• Stocks-26 options

Financials

Payouts-Withdrawals

On average, a trader can expect to receive 75%-85% payouts on their trades, though the site claims a 95% payout. On average, it appears to take about one week for traders to get their money back through withdrawals, which is an industry, standard.

Min/Max Trade Amount-Deposit

EZTrader has a minimum of $30 on the first trade and $10 for each additional trade after that. To open an account with this broker, it is a minimum of a $200 deposit. Unlike other traders, the minimum deposit must be paid through credit card or PayPal. All funds are in US Dollars at this time. After the initial deposit, a trader can use their credit card, a Wire Transfer, PayPal or Money Bookers.

Research-Education

While this company does not have quite the research setup of some others, they do have a few good resources. On their main webpage they have a couple of tabs that can be very helpful. The education tab and the magazine tab are full of information about trading binary options on their site. The how to trade tab also gives screen shots and a play by play from signing up, to the actual trading process.

Customer Service

They have a great customer service department that is multilingual. Reviews show that they are generally easily accessible and eager to help. Their customer service lines are open 24 hours a day. They have several customer service numbers to contact them with, they are:

646-666-9677 (USA)

020-3287-8456 (UK)

03-9005-5622 (Australia)

973-800-19-900 (Bahrain)

They also utilize a virtual chat that is also open 24 hours a day and they can also be reached by email. There is no reason why a trader should have a problem getting help when they need it. The staff is not only trained with site issues and technical support, but they also can help with trading strategies.

Recommended For

This site is great for anyone who chooses to trade in binary options. Those who are new to this arena of binary trading will enjoy the simplified process and the ease of use. They are one of the longest in operation in binary options and one of the trusted brokers in this type of trading.

Specials/Notable Mentions/Awards

This site has a great special for new traders. If a customer opens an account and places at least $400 in it, they will receive an extra bonus of $125 cash. This easy to use platform has not only got then a great deal of attention from users, but they have won awards as well. The user friendly options allows for great binary trading that is fun and simple for even the common person to understand.

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The post EZTrader Review appeared first on Options Trading Reviews.

Binary Options Pro Signals

Binary Options Pro Signals is essentially a binary options trading strategy that aims to deliver trading signals by email. The strategy claims a quite remarkable 72 per cent success rate, which should easily be enough to make a handy profit on the recommended trades. Trading signals are sent to members by email, and traders are promised that there will be multiple signals each day allowing 24 hour trading.

There are many markets that can be traded using the binary options trading system, and the Binary Options Pro Signals system trades a mixture of forex pairs (such as Euro/US Dollar) and indices (such as FTSE 100), a total of seven different markets in all, although at present a further three markets are offered for subscribers who join in the immediate future. Not surprisingly, the authors do not divulge the trading methodology they use, nor do they make any claim to teach their members a trading strategy. Members simply follow the trading signals sent out by the authors without being given any indication as to how they have arrived at their conclusions.

As well as the trading signals themselves, the program also offers a members’ area containing valuable tips and additional market information. There is also a list of recommended brokers who give the best execution performance and easiest payouts. Subscribers also benefit from lifetime updates so that the service is always up to date. Reviews of the program are generally positive, such as: “This is the best investment I’ve made in a very long time”, or “Highly recommended … it’s not a scam, it’s very clear” – this from a site which reviews suspected scam websites.

One of the obvious problems with the system is that sending out signals on fast moving markets by email is not very efficient, and indeed reviewers have found that it is simply not possible to act on many of the signals received because by the time they get the information the recommended trade has expired, or the price level of the trade is never reached. Apparently signals can now also be delivered by Skype, which should mitigate this problem to some extent.

So can Binary Options Pro Signals be recommended for beginners who have little or no experience of binary options, or indeed of any form of trading? The answer is undoubtedly yes, assuming that the claimed success rate of 72 per cent can be attained, and with the reservation mentioned above that it is not always possible to trade the signals. Risk is of course a natural part of any trading strategy, and Binary Options Pro Signals is no exception, but reviewers have found that the strategy does make profits, although not necessarily quite as high as those claimed!

The subscription rate for Binary Options Pro Signals is guaranteed fixed forever at $97 per month, excellent value assuming that the 72 per cent success rate of the signals is maintained, although as a special introductory offer new subscribers are offered a rate of $7 for the first seven days. In addition, a cast-iron, no quibble 60 day refund policy is offered. Given the low-cost initial trial and the money back guarantee, Binary Options Pro Signals would appear to be well worth trying out.

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