Once you have been involved in the binary markets for a while you will start to notice when there are very similar products on the market. This is true in the case of SignBinary which bears an uncanny resemblance to Rocketrade. This does not mean that SignBinary is a scam but it is certainly worth looking at what they both have to offer.
Introduction to SignBinary
This is another automated product which allows you access for zero charge. The system can be set to fully autonomous and it even attaches with regulated, licensed and approved brokers. The return rate is 90% and any trader can use the service offered. However, it would appear that many of the claims listed on the site are false and you may be disappointed to find a lack of information regarding the firm and how the signals are derived.
SignBinary professes to have in excess of twenty thousand clients; some of which have supplied testimonials and all of which seem to be false.
An additional feature of SignBinary is the practice account which is offered to all users and comes with $500 of virtual cash. The free period ends seven days after enrolment and you will then be left with a choice of free software and a limit on earnings or paying for a subscription. You will need to check the signals you are receiving as several traders have reported a high level of success in the demo account and very little in the real account.
Signing up is the name of the game; SignBinary earns a commission on every new trading account created with a broker. Although the automated products are generally operated by a third party it is possible for them to be run by a broker. This appears to be what is happening with SignBinary.
Creating an account is simply and you will need to follow the instructions listed on the SignBinary website and add funds as instructed.
Summary– Is SignBinary Genuine?
Unfortunately it seems apparent that the Sign Binary website has been created by then broker it links to. Its sole purpose is to attract customers to the brokerage. Whilst this is not illegal it is advisable to use the services o f a different automated package and leave the SignBinary product where it is!