Best Binary Options Signals Types
SMS Signals
Most signals are typically sent as SMS or alerts to the user and are sent at various times throughout the day. To facilitate trading with SMS signals the subscriber should ideally have a smartphone so that they can simple copy the trade into their binary options broker platform whenever an alert is received. Almost all brokers platforms support mobile trading. Timely execution is important here since delay can cause the strike price to be missed.
Live Signals
Alternatively some signal providers provide a binary options live trading room with sessions scheduled for a set time each trading day. In this scenario you will actually copy the trades of a live trader as they are executed. You will actually see the traders desktop in your browser while having your trading platform open in another window. This approach provides an excellent opportunity to learn how to trade by looking over a professional traders’ shoulder.
Software Signals
Binary options signals software such as trend indicators can assist traders in finding a greater number of profitable trading opportunities. Traders still need to filter these signals based on various criteria to decide which signals are best to take. These tools really give traders using them an advantage since they can monitor movement and trends involving many different assets simultaneously.
Autotrading
The autotrading and social trading phenomenon that started in the forex industry is now taking binary options by a storm. Unfortunately most of the binary options autotraders being offered are scams. A binary options autotrader that really works, frees you from sitting in front of a computer screen all day analyzing charts or waiting on and manually trading alerts.
Best Binary Options Brokers
Below are the best binary options brokers in the industry. We recommend that you use one of these brokers with any signal service that does not require you to use specific brokers to work with their platform.