Binary Options Pro Signals Review
Introduction
Binary Options Pro Signals is owned and operated by Platinum Trading Partners LLC. The service is all about provision of binary options signals to subscribers in order for them to trade the Call/Put trade type on their binary options platforms.
Binary Options Pro Signals (BOPS) uses trading algorithms to create the signals that are sent out to traders, based on the trade opportunities that these algorithms detect. Traders can therefore use these signals with some measure of confidence, especially with the opportunity to test the signals for 7 days before full commitment.
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Assets Covered
Fourteen assets covering currencies, stocks and stock indices are monitored and covered by the Binary Options Pro Signals trade alerts program. This allows traders the opportunity to make money from the numerous trading opportunities that occur in the London and New York sessions from Monday to Friday of every trading week. On the average, 6 to 12 signals are sent out on a daily basis. The following assets are traded on Binary Options Pro Signals:
Delivery Methods
Trade alerts from Binary Options Pro Signals are sent out to subscribers via and by SMS. This is also a modification of the previous methods used in sending out trade alerts. Binary Options Pro Signals has therefore done away with the internet messaging methods as well as the posting of signals on the website. Signals are sent out in the following format:
Previously, traders were given a 7-day free trial which cost $7. However, this has been modified to a 14-day free trial period at a cost of $14, after which a recurring charge of $97 is made to the trader’s credit cards or PayPal account. Credit cards accepted are those of MasterCard, VISA and Amex. Traders who are not interested in the service after the 14-day free trial must write to cancel the subscription to prevent automatic billing.
Profitability
The Binary Options Pro Signals team claims a profitability average of 72.5%, providing a win to lose ratio of 2:1, or two winning trades for every loss sustained. However, we must point out that traders are required to use strict money management rules so that any losses sustained do not erase profits.
This is a graph of the profitability of the trading signals in the last 12 months, indicating a sharp increase in the profitability graph of the system. This graph is as shown on the website of Binary Options Pro Signals. Traders can use the 14-day test period to see if the profitability they get mirrors what is shown before they fully commit their funds into the signals service.
Special Features
The special features of the Binary Options Pro Signals service are shown below:
1) A 60-day money back guarantee exists for those who are not satisfied with the product after that time frame. This feature instills confidence into those wishing to buy into the trade alert system as they have nothing to lose by trying the signals out.
2) There is video demonstration of how to use the signals service as well as how to trade the binary options market. This enables users who are new to the binary options market to shorten the learning curve.
3) There is a members’ area that provides valuable tips and information for the trader.
4) Subscription rates are locked for life. There are no price increases for those already in the system.
5) There is an affiliate service that enables affiliates to earn up to 50% of the cost of this service by promoting the trade alerts service of Binary Options Pro Signals to other users. Several banners and promotional materials are available for affiliates to use in their marketing campaigns. Ads can be placed in several free classified ad sites and promotional articles can be placed on article directories.
Customer Support
Those who wish to reach the customer service desk of Binary Options Pro Signals can do so using the online contact form on the BOPS website. A live chat facility also exists for those wishing to speak to a member of the customer support team live to have all issues addressed immediately.