Binary options signals are alerts used in trading binary options contracts that are derived after analysis of the underlying asset being traded. Compared to forex trading, binary signals are still in their infancy. However, as the number of traders increases and new software applications and tools are developed, the use of signals for binary trading in the market will start to increase.
Recommended brokers offering free signals
SmartTrader regularly provides high-quality signals and joins through WhatsApp groups rather than filling out complex forms. Click on the logo for more details.
BDSwiss currently offers ‘Trade Alerts’. These come via two traders: Alex Douedari and veteran forex trader Frank Walbaum. Signals are free, update in real time and offer both stop loss and profit levels. Signals are not pushed, so if there are no suitable trades, they will not be offered. Transactions are not purely additive.
The new crypto broker Spectre.AI also delivers signals, but is quick to point out that they should not be considered trading advice.
Robot signal services
Some ‘bot’ services also pass signals. While this extra step of automation may be suitable for some traders, keep in mind that the risk is greatly increased when trades are made without direct input from the trader.
The BinBotPro listed below offer signals and automated trading services.
Recommended binary options signal providers
Signal Hive earns BinaryOptions.net’s vote as currently the Best Binary Options Signals Provider.
Signal Hive is the first high-quality signals marketplace, offering binary options signals powered by algorithms (robots) and human traders. Education can be provided through the more comprehensive Blue Sky Binary service. Signal Hive aims to follow traders and traders who want to increase their capital over time with just a click of a point. BSB Research & Development (R&D) strives to ensure that only the highest quality signals (robots and humans) are delivered to Hive to maintain quality in the 60-70% ITM range on a weekly basis (general infographic analyzes the results). If a signal or human trader experiences an ITM below 60%, it is deprecated and removed from Hive.
Signal Hive is a signal marketplace that determines which human or robot traders to follow to get trading recommendations. Read Lotz’s Signal Hive review here. Launched a little over 3 months ago and achieving a solid performance with 1,700 signals with an ITM% of 64%, Hive increases the potential for capital growth over time and features a Dynamic Asset Risk Engine (DARE to help manage risk) and analytics
All signal providers
- SignalHive
- Blue sky binary
- SignalPush
Charts / Indicators
- Where to get the chart
- Binary options indicator
