It seems like there is a new binary service being offered everyday! FreeSignal is one of these new additions to the market although it is interesting to note that it is using a platform which was originally developed in 2014.
FreeSignal is not a binary broker; it is an auto trading robot and has already developed connections with in excess of ten binary brokers. Many of these brokers are registered and you should choose one of these to trade with when creating your account.
What FreeSignal Offers
Despite being very new to the market, FreeSignal has already earned a variety of good reviews. It is this that has propelled it to the top of the ratings for auto trading robots. It is safe to say it is a very popular option.
A large part of this success is based on the fact that you have a number of controls. Unlike many scam robots, you can control your trade amounts, times, risk parameters and even limit your trades for the day. You can even nominate which types of trade you wish to undertake and which are not for you!
Alongside this, it is possible to turn the auto trading option off and simply receive the signals. You then choose whether to trade or not. To assist in this approach and your understanding of binary trading you can also follow successful traders to see which trades they are placing.
There are no grand promises of wealth made by FreeSignal. This is because everyone will set up their own parameters making it impossible to say you will earn a certain amount of funds.
Instead, you must set up a trading plan and follow your own instincts. This involves choosing between the main methods, if you are not sure of the differences then Classic is the best starting point. You can then choose the number of trade you are prepared to have open simultaneously. The next step will be to select which part or type market you wish to invest in; trends are a common starting point but you can choose from seven different types.
These selections are alongside the parts previously mentioned; emphasizing the range of options available.
Auto trading robots generally have a bad name as you are required to have an account with a broker and you may have no choice in which one it is. In fact, this is why so many people end up having accounts with unlicensed brokers. Fortunately this is not the case with FreeSignal; you have a choice of licensed and unlicensed brokers. All you need to do is read the reviews and choose the one that best suits your needs.