Do you want a trustworthy signal provider for binary options? Find out whether you can trust Binary Options Pro Signals now in our Binary Options Pro Signals Scam article here.
Binary Options Pro Signals Scam – or are they trustworthy?
Binary options are only investments that allow you to make profits of up to 90 percent in a few minutes. Promising such a profitable way to invest money, binary options naturally are considered to be too good to be true by many and are often accused to be a scam. A few untrustworthy providers have done their share to add this image.
Luckily, things are different with Binary Options Pro Signals. To help you understand why, this article Binary Options Pro Signals scam, will detail why Binary Options Pro Signals is a trustworthy signal provider.
When it comes to a signal provider, trustworthiness starts with accurate signals. This accuracy, however, should not be an empty promise – everybody can promise to generate signals with an accuracy of 90 percent. To be considered trustworthy, a signal provider has to back its claim up with solid data.
Binary Options Pro Signals does exactly that, publishing their track record of the last six months on their website. If you want to know whether you can trust Binary Options Pro Signals, all you need to do is open their website and you can see for yourself. This level of transparency is a sure sign of a trustworthy signal provider.
Luckily, Binary Options Pro Signals is not only transparent, but also accurate. Their published record of the last six months clearly shows that Binary Options Pro Signals has created signals with an accuracy of 70 percent. That means, if you would have invested on every signal Binary Options Pro Signals created over the last six months, you would have won 70 percent of your trades.
This is a good result. Repeatedly winning more than 70 percent of your trades is almost impossible, and signal provider that are showing off a track record with 80 percent accuracy or more likely have cherry picked their results from the best week they ever had. Nonetheless, an accuracy of 70 percent is easily enough to make money with binary options, enabling to make money with even such a low payout as 20 percent.
The second important aspect to a signal provider’s trustworthiness is a fair price. If a signal provider costs you more in fees than it makes you in winning trades, there is no sense in having this provider. Luckily, Binary Options Pro Signals chargers only $97 per month, which is almost exactly the same as most other binary options signal providers, which all charge somewhere around $100.
In conclusion, we can clearly say that Binary Options Pro Signals is a trustworthy business and not a scam.