Do you want trustworthy signals for binary options? We tell you whether you can trust Winning Binary Signals. Learn more in our article Winning Binary Signals scam.
Is there a Winning Binary Signals scam?
Everything on the internet that has to do with earning money is often accused to be a scam. So is Winning Binary Signals.
Luckily, testing whether there is a Winning Binary Signals scam or not is actually pretty easy. After all, a signal provider tells you what to invest in. Therefore, there are only three possibilities how Winning Binary Signals could be a scam. Those possibilities are:
- Winning Binary Signals does not send you signals at all.
- Winning Binary Signals books more money from your account than agreed.
- Winning Binary Signals sends you random signals that do not help you to make money.
Let’s evaluate the possibilities one by one.
First of all, we have to assess that Winning Binary Signals does indeed send you signals in the agreed form. Every signal contains the asset you are supposed to invest in, the direction, and the time for which the signal is valid. Everything is exactly as agreed, no scam here.
Secondly, Winning Binary Signals’ banking is secure and exact. Every payment is booked exactly as promised and there are no hidden fees or unannounced chargers. Winning Binary Signals provides the banking you would expect from a trustworthy partner and is far from a scam.
Finally, most people who accuse Winning Binary Signals of creating random signals. This point, too, is easy to check. If Winning Binary Signals’ signals are accurate and can create winning trades, the signal provider is not a scam. If these signals are created randomly, however, the signal provider is a scam.
To know whether Winning Binary Signals creates random signals, we have to take a look at the accuracy Winning Binary Signals has achieved in the past. Since binary options offer two options about what can rise (rising prices or falling prices), random signals would have an accuracy of about 50 percent. If that is the accuracy Winning Binary Signals offers, we have to classify them as a scam.
Over the last three years, however, Winning Binary Signals has created signals with an accuracy of over 70 percent every month with only one exception, and even this exception was in August 2015 with an accuracy of 69 percent. In some months, Winning Binary Signals even created signals with an accuracy of more than 80 percent.
To maintain such a high accuracy, Winning Binary Signals must generate signals based on a valid system. With random signals, Winning Binary Signals could never constantly keep their accuracy above 70 percent.
In conclusion, Winning Binary Signals passes all the test to be cleared of the accusation of being a scam. Winning Binary Signals is a trustworthy signal provider. With their 60-day money back guarantee, you can even try Winning Binary Signals risk-free. We suggest, you consider doing that.