Whether you are a novice investor – or not – but are always looking for new financial tools to make your analysis and investment easier, you are in the right place! Today our analysis will be done on one of the main means used to forecast currently available market swings. These are called binary options signals.
Widely popularized around the world, these tools are nothing more than online platforms designed for the sole purpose of providing additional support to investors when making their applications. This is very useful since real applications require analysis and analysis in order to draw assertive forecasts. In this sense, Signs can assist before and during decision making.
By definition, Signals are Indications that point to Market Movements over a certain period of time. Normally analyzes consider all variables that would interfere with the market price of an asset and disclose simultaneous results of that analysis with certain periodicity throughout the day. Older Signal updates may also occur if the forecast has changed direction and escaped the margin of error.
When it comes to high risk investing like Binary Options applications , it is very unlikely to map variables and flag forecasts with 100% certainty. This is because, in addition to other hard-to-predict factors to systematize, collective psychology has a major influence on market swings and is very relevant in changing trends.
So always keep in mind that Binary Options Signals are extremely useful, but should be used as a complement, rather, coupled with other forecasting methods such as graphical analysis, for example.
decision surrounding the investment signal providers. It is even understandable, considering that the amount of fraudulent services spread over the internet is impressive. Another intriguing factor is that the signals, like all equities financial products, involve risk of loss. However, there are a few who are able to offer a good quality service with a guaranteed warranty. It is about these that we talk about in this article and about them that we will present news for 2020.
Are Signs Useful, or Fraud?
Binary Options signals can be very useful in many different situations, but especially when the investor has little knowledge of graphical analysis and / or does not have enough time to perform deeper market analysis. These indicators will help you make faster and more accurate decisions.
As for relevance, there are some key points regarding the benefits of using this service that should be raised and discussed, they are:
- Ideal for Beginner Investors : There are two types of criteria commonly used by experienced investors when it comes to investing: graphical and fundamental analysis. Both require specific technical knowledge to be done with ownership and assertiveness. Thus, it is necessary to have tools available to beginners so that they can also invest more safely and better results. This is the case of the Signal system. This tool creates forecasts and investment indications that can be fully or partially replicated on trading platforms.
- Fast Trading : As the whole process of signal analysis and indication is done entirely on a computational basis, the act of investing becomes simplified and even more effective. This is because the investor now has dozens of tips on what to do with his investments in real time, with simultaneous and periodic signals throughout the day.
- Reduced Margin of Error : Because they are computational calculations performed in real time by specific algorithms for probability and trend evaluation, many of their Signals can undoubtedly easily surpass “human” analyzes in the SPEED x ASSERTIVITY aspect. So if you fit in with the moderate investor profile, the one who only has a few minutes a day to trade assets, this may be a good solution to your short time issues.
Signal Providers
There are several software programs that offer Binary Options Signals, but as the subject of today’s discussion are the platforms that offer this service 100% free of charge the options decrease dramatically in quantity (fortunately not in quality)! This is the case, for example, of FX Master Bot and three others that we will discuss shortly.
The first one specifically has a Demo Account option, where the user gets up to $ 1500 in virtual money to invest and test the functionality of the service without risking real money losses, as well as more advanced investment setups to support as well. to the most experienced investors.
Another great advantage of the trading robot is that you do not need to download or install any files on your personal computer. Everything is done completely online through the platform’s website. This feature gives even more security to your personal information.
Visit the company page and check out the advantages of the platform yourself at fxmasterbot.com/en/.
FX Master Bot
This market leader is undoubtedly a revolution in the field of Binary Options and Investments. Have you ever thought of having the facility to automatically invest in the assets you find most profitable? With this platform that’s exactly how it happens. The investor receives reports regarding certain investments available for trading through the site itself, and this information can be converted into trades manually or even automatically if you prefer. No need to push a button.
This practicality can be very positive if we consider the platform’s adaptability to the various investor profiles and their specific needs. The reason for this is that operations occur in real time and Signals are always updated. Thus, even if a trend changes direction, the investor has the opportunity to change his trading as well. This way, much more security and tranquility with each new negotiation.
Signals per minute FX Master Bot
The big update this time for system users is that it is now possible to invest with signals released every minute. With this possibility the investor has much more freedom to choose from a wide range of signals for the 17 currency pairs and 5 cryptocurrencies covered by the service. In addition, the company’s website is fully translated into Brazilian Portuguese and offers ready-made strategies for you to test and choose the one that works best for your investment profile. With these advantages the novice user certainly feels much safer when applying trading signals to their trades. If you are not registered yet, we recommend that you do so soon so as not to miss any more opportunities with potential for profit.
8Alert
Like the previous one, the platform offers multiple Signals service for day-traders in real time, with indication of buy and sell prices of the position. In addition to the “mirror trading” option, which as the name suggests is a tool capable of replicating investment strategies .
8Alert Additional Support
This signaling site sought to expand the service offered for even more personalized and directional support. Now the system offers, in addition to the signal platform itself, service to guide its customers at any time, with initial trading recommendations, strategy and order execution. This proposal differentiates the company because it serves precisely those people who are interested in services like this, but not yet knowledgeable about the subject. Also new to 8Alert is support for Linux as well as the familiar Android Apps, iOS, Mac and Windows. If you are a beginner, register and operate with signals under the supervision of qualified professionals to assist you.
If you would like to check out more information about 8Alert go to 8alert.com.
DailyFX Forex Trading Signals
This platform appears to have more diversity of options, but also greater complexity in its tools compared to those previously mentioned. So if you are starting your studies or do not have specific knowledge about investment tools, terminology and specific techniques it may be a bit more complicated to use this service. In addition, it does not yet support investors located in Brazil. So, it is a rather unfeasible option for most investors. Even so, we decided to keep it on the list because it is a leader in the international market and most likely soon to expand its activities to our country.
Daily Forex Social Trading
As one of the largest signal providers in the world, Daily Forex always brings in very useful new services. The latest is the possibility of social trading that has been integrated into the platform. With this tool users can track other traders’ investments and follow in their footsteps, making mapping analysis of trading entry and exit points much easier for new traders.
The platform’s official website can be found at fxcm.com.
Trade The News
One of the strengths of this platform that can be easily noticed is the service. If you are looking for differentiated support, then the company is Trade The News. In addition to the common email service, the platform also provides telephone ombudsman channels around the world. There are ten international call centers, one of which is dedicated exclusively to Brazil.
Full coverage Trade The News
The platform has recently added to its basket of services a broadcast center covering all major events in the American, European and Asian markets. The most relevant information collected is shared with customers 24 hours a day, without breaks. It is a very useful service as it can be applied in many situations. After all, news is what drives the financial market, regardless of which asset you are trading. If you are looking for reliable signals that give you news that supports market decisions, we recommend you register with Trade The News.
All this information can be checked at tradethenews.com.
Final considerations
Remembering that all platforms mentioned above, except DailyFX (for now), are international companies with extensions of their activities also to the Brazilian territory. It is as you can see each of them has very interesting features. So it is worth looking carefully at all services to choose the one that best fits your needs.
We hope we have answered all your questions about what they are, how they work, and which Free Binary Options Signals software to consider when choosing which one to use. If you have any experience or opinion you wish to share with us, be sure to leave your comment!
Add comment