Binary Options trading has become one of the most popular and profitable methods of trading the financial markets. The simplicity of binary options trading has attracted people from all walks of life from all around the world. Just simple yes or no type investment decisions with limited liability and high fixed returns have enabled a whole generation of traders with little or no financial knowledge or experience to partake in an industry worth around $3 trillion a day.
Signals and Education
Despite its simplicity, to become long term successful traders generating consistent profits, you need to have a good grasp of what you are trading and how to trade. Failing that, if you are unable to commit to doing the necessary research, you need to have a good signal provider that will send you winning signals. However, finding a good and comprehensive binary options education resource centre is hard enough, but finding a reliable and profitable signals provider really is like finding the needle in the proverbial haystack. So when we came across BinaryOptionsClub.com we couldnt believe our luck.
Who are BinaryOptionsClub?
BinaryOptionsClub is the brainchild of a group of experienced traders who came together to share their trading experiences. What started out as a group of friends swapping and sharing their trades together, quickly developed into a popular site with excellent binary options education articles and trade replicator that is famed for consistent profits.
There are six founding members of BinaryOptionsClub whose trades you can replicate yourself… FREE. The six people seem a diverse bunch with varying risk levels. The idea being that there is someone and something for everyone; no matter what your investment level, trading experience or risk aversion.
What makes BinaryOptionsClub stand out from the others is obviously the high success rate of their trades, but also that BinaryOptionsClub offers a solid and comprehensive binary options education resource centre. They say in their About Us that the reason they included so many informative articles was that they wanted it as a compliment to the signals. They were spending too much time teaching and explaining and not enough time actually trading. So they included a number of articles which will be of use to traders of every level. It doesn’t matter if you are a complete novice, or a seasoned trader looking to fine tune your strategies, the team at BinaryOptionsClub have something for you that you will benefit from.
What is a Trade Replicator?
It is important to differentiate between a trade replicator and an auto-trader. A trade replicator allows you to follow and copy the trades of someone trading. An auto-trader, sometimes known as a trading robot, follows a series of programmed algorithms and makes trades based on those pre-programmed algorithms. The biggest problem with auto-traders is that they do not take into account fundamental analysis. Fundamental analysis is the study of external factors such as weather, geopolitics and government economics. Factoring in fundamental analysis is something that is almost impossible to replicate in auto-traders. This is why a trade replicator where you are actually following and replicating a human trader is far more reliable than an auto-trader that has no knowledge or understanding of events that only a human can understand. An example would be tensions in Iran. Iran is the world’s 4th largest oil producer. A potential disruption to the oil supply pushes crude oil prices higher. This sort of knowledge can only be utilized correctly by humans. This is why replicating a trader is a far better approach to take than relying on an algorithm which is almost entirely dependent on technical analysis (the study of charts).
The beauty about using a verified trade replicator is that someone else has already done the hard work for you. All the necessary research both fundamental and technical has been done for you. All you have to do is choose the right person to follow.
How Does BinaryOptionsClub Work?
After opening an account with their recommended broker, you then choose who out of the six traders to follow. They are all on at different times and have different risk levels to follow. You are given a schedule of when live signals are given and by whom and you replicate their trades. The replication can be done manually or on ‘auto-pilot’ and you can chop and change as and when you feel like it. It really is that simple. You can monitor the results of all the traders and can switch traders to follow at any time.
How Much Does it Cost?
The best part about the BinaryOptionsClub service, other than the constant profits, is that it is free. Yes, that’s right, FREE. You do have to deposit and trade with a broker of their choice and the minimum deposit is $250, but that is it, there are no other fees or commissions to pay ever again. It is important that you trade with their recommended broker because each broker has their own assets, returns, instruments and expiry times, so it is important that you are synched with BinaryOptionsClub.
What helps make BinaryOptionsClub stand out from all the others, apart from the consistent results, is the education. Knowledge is power and understanding more about what you are trading and why you are trading it will only benefit you in the long term. There is a wealth of informative articles designed to add knowledge and skill to your trades. The team at BinaryOptionsClub have made sure that there is something there for everyone, regardless of your ability, experience or knowledge.
Does it Work?
In an industry that is worth trillions of dollars everyday, there are hundreds, if not thousands of binary options signal providers, trade replicators and trading robots out there. Nearly all offer almost instant wealth and nearly all are full of BS. 9 times out of 10 the only people who get rich are the ones selling the software. With BinaryOptionsClub you feel its different from day one. Steady consistent profits are made on a daily basis. Just a couple of hours a day can generate a couple of hundred dollars profit each day. You follow real, successful traders and can turn off at any time… not that you would want to!. This is a great service and one of only a few that are tried, tested and proven to be successful over a period of time. If you havent already signed up, we strongly suggest you do.