We are here to remind you of the importance of putting in research and due diligence before you sign up with an auto-trader, binary options broker or signals provider. The good news is that there are plenty of good, reliable service providers out there; the bad news is that it’s tough to differentiate them from the shady, unregulated ones.
But that’s what we are here for! Check out our quick reviews on the newest names in binary options trading.
The Drexel Code
We found this one severely lacking in credibility. There was absolutely no information that would lead us to trust Drexel or put our faith in the guy pretending to be behind the wheels. The bizarrely high winning rates that they claim are clear indication that it’s a scam. A 100% winnings software doesn’t exist!
The official website clearly states that its services are free to utilize, but one more step in and it will ask for a steep investment, i.e. upwards of $200 at a time. To top it off, they only seem to work with unregulated broker which is a huge red flag in our books.
Million Dollar Bot
Careful investigation has led us to trust the creditability of Million Dollar Bot. The list of testimonials, tweets, and messages from satisfied users are a clear indication that this one is doing its job.
The Millionaires Blueprint
This one came across as secure after clear investigation. The features are strongly geared towards novice traders, and seemed useful and valuable for traders at any stage and expertise really. We feel it is absolutely worth investing in the Blueprint if you are trading binary options.
The Zulander Hack
This had us going around in circles for a while. But upon careful consideration, we are announcing that the Zulander Hack isn’t exactly reliable. The homepage is quite salesy so that should have given it away, but we gave it an in-depth try and didn’t find it satisfactory.
The German based bot isn’t all that it looks to be. We had a tough time trying to make money with it and found many of its claims to be fictitious.
Smart Simple Bot
Automated trading software, Smart Simple Bot has the ability to automatically place binary options trades. We tested it against our stringent parameters and found that it does not appear to be a scam. In fact, this bot offered dependable trading signals as well as reliable customer service. We give this one a pass!
We tested out Binary Algo Bot, a relatively new entry to the binary bot market and found services to be entirely inefficient. There were lapses in signals and customer services were inefficient in dealing with our concerns and queries.
However, it seems that this binary signal provider is less than 6 months old and there is a chance that they will improve their services in the near future.
We were excited about trying out this special new bot. Direct Signals offers its services as stand-alone software for download. It’s not a website; instead this binary options robot is browser extension software that can place trades on your behalf and also provides you with signal recommendations in real time. We found the services dependable and resulting profits quite satisfactory.