note: this is a review, click here for the official Updown Signals website
Before writing about my best binary options signals service I’ll write about the first provider I tried a year ago,I’ll do the Updown Signals review. I used it for about 2 months before I decided to write my first binary options signals review. Do not make the mistake I did with most of the signals services i tried. If you want to test them yourself please use a demo account.I was searching for a free demo account and I couldn’t find one.Now,after losing some money,I opened one with probably the best binary options broker,bbinary. But unfortunately you must open a real trading account first.I didn’t find a broker that offers a free demo account.
The signal service – Summary of Updown signals
I will start my Updown Signals review with a brief description of their alerts. To a maximum of five signals are picked every trading day. They deliver them by SMS from 11:29 to 11:40 EST .They are always 3 hours signals which means they are providing you with the prediction for what the price of gold,for example, will be at 14:30.For 3-hour signals you will need a binary options broker with an Option Builder (where you can enter your desired expiry time).This is needed because no broker offers 3 hours expiry in its default options.The best regulated broker with an Option Builder is Binary.com.It accepts US traders,as well.
The official Updown Signals site clarifies that you may be given around three binary option signals in most cases.However on binary trading days that the financial markets are unsure chances are you’ll get one or not even a single trading alert. Of course this is not necessarily negative as you wouldn’t want to trade if the possibilities to win are low.But when I was receiving one signal per day for a whole week I was a bit disappointed.This is one of the reasons this is not one of my best binary options trading signal services.
Proven Results of Updown Signals service
The official Updown Signals page has a list of actual results since August 2012.
There is a trial for $4.99 for seven days,so you can give it a try for yourself. Update: it now offers a week for $25. But remember that the week that you will try this binary option signals provider may be more successful than average or you might get in a difficult week for the markets.Maybe a week isn’t enough so I hope this binary options signals review helps you a bit more.
In the 2 months period I traded with them I was checking the results that they were uploading to their website to compare. I have to admit that in cases where the closing prices were really near to the signal that had been given,they were presenting it as a win.Even if I lost some of them. I will upload my results here at a later time.
You will make a profit,that is for sure. The official site claims a 75.4% success rate. I got a 67% in the two months period and I am surely grateful.As long as you make a profit in a long-term period,the signals provider should be considered at least as successful. There are many binary options signals scams out there that do not work at all. June 2014 Update : 63% winning signals in almost a year of trading.
May 2016 Update: I was not trading for some months because of a health issue.But I talked with some traders that follow me and used Updown Signals the last months.They informed me about a 60-62% for the last 4-5 months. It doesn’t worth it anymore. Leave your comments below if you have tried it.
After almost 3 years of following all the signal providers I found Binary Options Trading Signals service by Franco (click to read my review) to be my favorite and most profitable signal service.
Conclusion of the Updown signals review
Apart from the success rate there are some more to consider in this binary options trading signals review:
+ defined signal delivery time.You don’t have to wait with the mobile phone on your hands or wait at your home without knowing when the alert will arrive
good past performance (tested by me and official).This service had better result than many others I tried.That is because their signals are for 3-hour trades and can be better predicted.
+ trial period offered
– You should be ready to place the trades when the signal arrives because you may not get the chance to enter it later
– You will need a binary options broker with an option builder (to place a manual trade for three hours later) like Binary.com
– Less signals in difficult forex market days (this may be an advantage as your are protected from bad alerts – as I always said: it’s better not to trade than lose a trade)
Click here to try Updown Signals with $25 for seven days
My other trading signals reviews
Read my review of Binary Options Trading Signals. This is a live signals service.It is the best in my opinion.
Read my Quantum Binary Signals review .
Read my Binary Matrix Pro review and how to avoid scams!
I’ll be making more best binary options signals that work ,so watch out for updates.
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