What are Binary Options Trading Signals

Binary options signals are actually trading alerts for currency pairs, stocks, indices, and commodities. Binary signals can help beginners place their first trades and experienced traders identify new forming market trends. Basically, when you use a binary options signal service, you are paying a professional to do the research for you instead of doing research yourself. Some of the signal providers consistently produce a good percentage of profitable signals. Of course no one can predict how the market will move every single time. And if a signal provider is claiming to have an unrealistically successful trading record, then you should be extra cautious.

How to get Binary Options Signals

There are two ways to get binary options signals.

You can sign up with a Binary Options Signals Provider. These companies use technical or fundamental analysis to generate the signals and they use SMS or email to deliver the signals to their clients. Their services start from around $100 per month and can as high as $500 per month. Alternatively you can sign up with one of the Binary Options Brokers that provide free binary signals to their clients. The Brokers strive to provide profitable binary signals because they make their money on the payout differentials, and they want their clients to win in order to keep trading. When the clients win, they will trade more and more, and this means more profits for the brokers in the long run.

Some of the Binary Options Brokers that provide Free Binary Signals are:

Opteck provides free binary signals delivered daily by email. In their own words: “Opteck’s Analytics Department provides signals suitable for new and experienced traders alike”. Opteck also provides a free demo account where you can test their signals without risking any money.

Utrader offers free real time trading signals via email and sms.

How to use Binary Options Trading Signals

Always remember that no one can predict how the market will move every single time. And if a signal provider is claiming to have an unrealistic, enormously successful trading record, then you should be extra cautious. We always recommend that you test all binary options signal providers with a demo account or with very small capital first, before you go ahead and invest your hard earned money.