On numerous occasions in the past, we have expressed our skepticism when it comes to trading signals services in general.
However, every once in a while there exist services that catch our attention and that we believe merit a mention so that all existing or aspiring binary options traders become aware of a particular service and be able to discern if it is suitable for them to use it or not.
One such service, which appears to be increasingly gaining in popularity amongst traders, is the Binary Options Trading Signals service or BOTS for short.
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What differentiates this service from most others out there and what actually makes it unique is the fact that rather than receiving short instructions via email or SMS, the signals here come through your browser, during a live web session. Accessible both through a pc and a mobile phone, provided it carries the necessary technology, these daily sessions put every trader in a virtual trading room, looking over the shoulder of a real professional trader, as he places his bets and being able to mimic what he does.
Delivered via a high quality live stream, including full audio, this interactive session entails multiple signals pertaining on a wide range of expiry times and binary options tradable assets, across all the assets categories. Moreover, since it is interactive, it enables the subscribers to interact with the professional trader, Franco, in real time being able to pose all their questions and request his assistance in placing their bets or explaining any query and overcoming any difficulty they may have. Naturally, this means that the customer support service of this particular signals provider is unparalleled since it happens then and there on the spot.
Another unique and appealing feature of this particular signals service is the fact that it is also a learning experience for traders. Watching a professional on the act on a daily basis and being able to ask him what you want while he is at it, is much like a tailor-made training session for each trader, who in time learns to incorporate the various strategies he/she is witnessing unfold before their eyes and then in turn becomes able to adopt and implement them independently.
The final advantage we want to mention on this service is the consistently good performance it records in terms of payout, since the average trader claims an 85% payout per week. Calculated and benchmarked on a weekly rather than on a per trade basis, the success rate of this service is realistic and usually reliable, far from the exaggerations and unfounded claims of other signals service providers.
Having briefly elaborated on its merits let us know turn the light on the drawbacks of this particular service. In order to be able to implement the trade signals provided you have to be able to sit and watch the live streaming video. Since this is broadcast for two hours every day between 9:30 and 11:30 AM EST, you have to be available, irrespective of the time zone you are in, to be sitting in front of your pc or with your smartphone in hand and also have access to your trading account in order to be able to place trades at the same time as Franco does.
Therefore, if you are an occasional trader then this service is probably not suited for you as it only works if you can spare those two hours every day and dedicate them to placing your trades and learning the strategies being implemented.
Another downside is the fact that BOTS does not offer a free trial period and even setting up a demo account comes at a fee. Therefore, you cannot test it for free. If you want to use it you have to pay and put your faith in the service before witnessing its actual results for yourselves. Which conveniently leads us to the price of the service. We have left this towards the end, because we didn’t want to immediately put you off. The truth of the matter is that BOTS is significantly more expensive when compared to other binary options trading signals providers, since the subscription fee for two weeks is as high as 97 USD.
However, we do not feel that the higher subscription rate should immediately put you off, since if you take a closer look this service has a higher value for money than its average rival. Provided you are serious about your trading and you have the time and money required to invest in BOTS, then it is almost certain that your investment will yield results and profits. Actually, the enhanced reliability of the signals given out and the innovative method through which they are delivered a very strong assets and they do offset the increased cost associated with the service, especially if you are careful to execute the proposed trades accurately and timely.
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As always, choosing a signals service, if any, is a very personalized decision for each individual trader and not all services are equally suited for all traders. If BOTS looks like your cup of tea, then it is perhaps worth to try it out for a couple of months and judge for yourselves whether it is actually enhancing your trading experience and helping you become a more successful trader.
Thanks Nancy! This was very helpful and insightful. I’m thinking of giving this a go. Never traded before and this sounds perfect for the beginner!
This service is so great and wish there is a way it will be fully automated.
I have been trying Binary Options trading for a while now and I really need help. After looking over the internet and talking with a few different people, they said the best thing to do was look over the shoulder of a Professional trader and do what they did. I guess I would be able to see your screen and you call each trade you do on audio.
Do you have a free trial that I could try for a few days to see how this works and if I can follow you and be profitable doing this. If I can make money following you, I will be happy to sign up with you.
Please let me know what time in EDT that you start and stop.
Thank you very much,
DocWhite
This Bots service now has NO resemblance to what it once was. Franco no longer gives out live trades like he once did, now he just comments on the market conditions (like an NFL commentator) and on the various trading systems that are promoted in the traderoom, and each trader must find and execute their own trades and are forced to learn the trade systems that are dependent on watching his screen for trades that may or may not work! It definitely is NOT a binary signals service. I found it very confusing and his commentary is really inconsistant. Seems like many traders in the room have their own trading systems that have little to do with the systems Franco promotes in his traderoom. Also, it seems like the success results of many members are hyped up and not real! Traders that were in his traderoom for several months were still reporting bad but real trading results. After 1 month in the room, all these things were extremely appearant…
l rarely make comments but i am compelled to save some souls.
See, Ron, I give you 10 yrs to find a better service than BOTS… but you wont find one. I have been searching for 8 yrs and thank God i found it 3 years ago.
Yes, it has changed but gets better except for absolute beginners like you.
Make sure you know basic binary and forex environment and charts before you join the service.
It will take you at least a week to flow learning how it works. Anyone who can read can use the signal .If you spend a month without getting it, just go home because it means binary options and forex are not for you.
But then, that would mean you found the pot of gold but dumped it.
See, if it will take you three months or a year to grasp it, do it, cos 10 years of medical study and then salary wont give you that financial reward as would BOTS in one year.
Copy this comment of mine and keep it in a safe place.
Read it time and time again. I dont care if you are a millionaire already. Make more money and give it out if you dont need more.
NOTE: I have just saved your life, or anybody’ life.
After all, you can still click refund after two months if you are not okay.
Good news is every Monday is now free trial.
MT, formally called Franco is one of the greatest person you will ever come across on earth.
Ron, you will look for me to thank . Take it or leave it.
Also, you better thank the owner of this site.
You need fast internet. if your internet is not so fast, trade only 5,10 and 15mins signals and leave the 30,60,120 secs alone. After all you need to make just 2 wins at least daily to change your life for ever with the law of compounding. But there are total of at least 20 signals and over 50possible ones considering the seconds signals, but of course you dont have to take all, take the ones you are comfortable with.
After a while you would be having around 3 to even 15 wins a day….but start slowly
Peter,
glad to read your comments.
I was in the room yesterday and the week before , for trial.
Still having some communication issue to understand his comments and guidance. (English is not my first language and his accent required me to be fully staying focus) But i have to say the signal, based on my observation and with reference to his documentation, i think it is good and profitable . (I still need time to digest the strategies in the doc n still learning) ,
Peter I would like to subscribe and it is just a matter of time i believe, But i need to ask for advise and guidance from people like you who already have experience and able to trade base on Franco’s comment as I am not 100% getting from franco yet, during the live session. Hope i have a way to get in touch with you to ask for your help.
thanks
rgds
teh
Omg!!! here i thought i was an expert in options trading getting $2000 a week, i was comfortable, until i was introduced to Mr Austin Gabbard’s ultimate strategy now i make $6000 a week. he also helped me collect my two months due bonus. i do not know what to say i am just over whelmed with joy, contact him via email: if you want his strategy, i promise you wont be disappointed.
What’s the email pls. Thanks.u