Q. What will I need to trade?
A. To trade our signals you will need access to the following:
- A PC or mobile internet connection.
- A fixed odds trading account with Binary.com.
- An email account receive our alerts.
No specific software is required. All trade signals will be sent via email to the email account you register with us. You will then need to log onto Binary.com and place the trades sent in our alerts.
Trades are clear, easy to execute and take only minutes to place.
Q. What does a trade signal look like?
A. For a full example of our trade signals please see our trading signals page.
Q. How will I receive my signals?
Signals are sent immediately after we place the trade in our own accounts. Signals are sent to the email address that you provide us with on sign up.
Q. When can I expect to receive my trade recommendations?
A. Signals are primarily sent on a Monday morning (09:00 – 11:00) and Friday evening (18:00 – 20:00) UK time. We may also send additional signals at other times during the week from time to time.
Q. Will I receive a fixed number of recommended trades per week?
A. No. We only send signals as and when we are alerted to them by our strategies. However typically we would expect to see 2-3 signals sent per week.
Q. What happens if the price has moved before I can place my signal?
A. Our signals are valid until market closure on the day of sending. As with any form of financial trading the exact return offered is dependant on the current underlying market price. It is therefore possible that the returns offered when you come to place the trade may differ from the return we achieved when placing. In some instances you may receive a lower return than we placed at, while equally on occasions you may receive a significantly higher return than we achieved.
Q. How do I sign up?
A. You can sign up by visiting our service sign up page.
Q. Can I cancel my membership?
A. Yes you may cancel your membership to our service at any time by canceling your subscription within PayPal. Upon cancellation we will make no further debits from your account. You will receive no further trading signals immediately.
We regret that we do not offer partial refunds for members who cancel their membership within their paid subscription period.
Q. How can I contact you?
A. For general information on our products and services, please contact us at the following address: info at binaryforexsignals dot com
Q. How much capital should I open my account with?
A. As with any investment or trading on the financial markets there is an element of risk and you should never trade with money that you cannot comfortably afford to lose. As this varies from individual to individual it is difficult to recommend a specific account size.
Q. How much should I risk on each trade?
A. We recommend never risking more than 5% of your available account size per trade. This keeps risks to a minimum while allowing sufficient scope for capital growth.
Q. What returns can I expect to win per trade?
A. We target both Low and High risk trading opportunities. As a guide, opportunities deemed Low Risk will typically return 30% per trade while those deemed High Risk aim for 100% return. The exact return that you achieve for each alert will depend on underlying market movements and the time between receipt and placing and your placing of the trade.
Q. Can I paper trade the service?
A. Yes. Binary.com offer a ‘virtual account’ facility whereby you can trade from a virtual pot of capital. This is ideal if you are new to fixed odds binary trading or you would like to try our signals without any risk to your capital.
Q. Are my profits taxable?
A. Under present law in the United Kingdom, Fixed Odds Binary Trading, like Spread Betting , is still classified as gambling and thus any profits made are tax-exempt. However please be aware that tax law is subject to change. If you are trading fixed odds outside of the UK then please ensure you check the tax treatment of fixed odds from within your own jurisdiction.