Free Signals for Binary Options

Published:23 December 2015 Updated:4 January 2024

Recently, we have already written a review article on the topic of signals for binary optionsIn this article we will talk about one of the types of signals, namely How to get them for free!

Free Signals for Binary Options

Currently, there are many resources on the Internet offering free signals that can be used to trade in binary options. It is necessary to go to the site where there will be various tables. Before the name of the asset, usually a currency pair, there is a price. In addition, there are recommendations to sell. It seems to be elementary, but is it worth trusting such free signals.


The essence of free signals

When analyzing the qualities of the trading signals that are offered on a free basis, it is necessary to understand why they are needed at all. In simple words, a signal is someone’s decision about the time to open a trade, to close it. There can be a profit or a loss.

We are talking about an opinion formulated by a certain trader or a software application programmed with the right algorithms. Everything in this case depends on you: will you trust funds to a stranger, who, moreover, can be an ordinary program?


Where do free signals come from

There are three patterns by which such signals appear.

First of all, they can be issued by the trader. This is done in order to attract attention to themselves, in order to then make a profit on such signals. This option can be considered the best, because such “altruism” has a definite purpose. The trader uses statistics, and his main goal is the profitability of the trade, through which he can count on new customers.

Further, signals can be generated by an options broker. You can call it an opportunity to try out the company’s service. Of course, the broker is not interested in losing your entire deposit. Signals, as a rule, are given by full-time traders who use a certain strategy in their work. Most likely, after the wins there will be losses, and so on. The point is that the key objective of such signals is to advertise the trading process itself.

Finally, there are advertising sites on the market where you can get free signals. If we’re not talking about traders and brokerage resources, the page will describe how great it is to make money on this kind of trading. At the bottom, however, there will be tabs with recommendations for selling and buying. As a rule, these are informers from large venues. And there should be a “For review” at the bottom. Such signals are based on the readings of free indicators, which are processed using a simple algorithm to identify the trend. It is naive to rely on any statistics in this case. It is foolish to use such signals.


Where to get signals

Open a specialized resource in the section trading strategies. There you can choose the option that will be the best for you. It is recommended to pay attention to the one marked “simple”. Now you can load the indicators into the terminal, put the template on the asset chart, and follow the rules of the strategy that deals with the formation of signals. There is no doubt that high-quality free signals can only be formed by your own efforts.

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  • I used free signals, made a deposit to the recommended broker and lost. The signals that were given to me did not coincide with the ones that were displayed in statistics. My profit was not even close to the market and I had to buy a broker who is not interested in this service. Stay alert! Such signallers place in the blacklist!

    Reply to a review
    • Ivan Risev 20 June 2020 at 23:36

      Anonymous Afonya is talking nonsense and bullshit, slandering the best service, which has been working for probably 5 years. I used it, the signals are super, but it did not suit me, I do not have the patience to sit and wait for signals. I don’t have enough patience to sit and wait for the signal to work and I don’t have enough patience to use it.

  • I’ve made a little conclusion to myself that it’s best to use the tools that your broker provides you with. You don’t have to spend a lot of money on something that you can get for free.

    Reply to a review
  • It’s really stupid to use signals without knowing who exactly is giving them to you. Think of it as giving your money to someone you don’t know and counting on that someone to make money for you. Well agree – it’s stupid.

    Reply to a review
    • Boris Karpov 14 January 2016 at 13:56

      Of course, you have to get signals from your own, reliable sources that you trust.

    • Kris Do 17 January 2016 at 09:32

      Where to get such sources for a person who wants to do this kind of trading from scratch? There are no such sources, so we should thank those who give at least some information for free, rather than criticize them.

    • Artur 1 October 2019 at 11:57

      I can write you signals) most will be in the +

    • Roma 15 January 2016 at 10:48

      First you need to check these signals. How do you know what benefits the one who gives you these signals? Everyone has his own benefit. If the signals work, you should not care where they come from.

    • Danil 15 January 2016 at 13:47

      Roman, that’s right! And by the way, a great opportunity to check the signals you can at Binomo on 20 free trades, the plus is that the trades are on a real account, not a demo account! Or at brokers whose real quotes fully coincide with the quotes on the demo account.

    • Evgeniy Torn 16 January 2016 at 09:33

      I’ve noticed that real quotes can’t quite match those provided by binary options. Binary brokers usually have 5-6 digits after the stated, while the same forex has 4, so it’s hard to compare. And in general free signals usually work, I don’t see anything wrong with that.

    • gennadiy 2 June 2016 at 09:22

      How do you feel about GROSL signals?

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