Up Down Signals

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Up Down Signals

Up down signals is a binary options signal service the claims to have more than 70% accuracy. The developers of this signal service claims that they won the fair binary options award for best signals and 2020 but I’ve never heard of this award and it doesn’t even look real.

Today I’ll be providing an unbiased review and taking a look at all the intricacies of this signal provider and what they have to offer.

Up Down Signals Review

In my research of up down signals I came across a Facebook page with a of updated weekly results. Sadly, the results stopped being updated in early September 2020. I don’t want to be skeptical but I’m really not sure why they would’ve stopped a weekly analysis unless they’ve stop providing signals or are no longer having success. The signal service has 3 different plans. The first plan costs $25 a week, the 2nd plan cost $66 a month and the 3rd plan cost $97 a month. There really isn’t much of a differentiation between any of the plans so they don’t tell you whether or not you are getting something extra for paying extra.

Odd pricing model, what’s the difference?

The up down signals being provided are sent to the trader 1 to 2 hours after the beginning of US trading day. I assume by this that they mean at the beginning of the US market opened they provide trades. They send me signals via SMS text message which is a nice touch. In the example they show us they provide four separate signals. Each signal has the exact same expiry time and it specifies what asset to trade and whether to choose a call or a put.

Today I will not be recommending the up down signal service. It is not because I have any negative information about them I am just skeptical at this point in time because I haven’t really heard from any the binary today readers. I am concerned obviously why they stop providing results on their Facebook page and maybe someone here can inform you on why that is. If you have something you would like to add to this review please leave your comments, questions and concerns below the article. Thank you for coming to binary today and I hope that you look around the website and learn more about myself and the role I play in the binary options community.

Up Down Signals

Overview

Is UpDown Signals 100% Accurate or is it a Scam?
Read The Full and Expert UpDown Signals Review to
Find Out – Traders Results & Overall Score – All Below!

Details

Broker Up Down Signals
Official Website URL http://updownsignals.com/
Free Demo Account
Overall Score 2.1/10

Full Review

Even amid the ever growing number of Forex signal providers appearing on the market, Up Down has managed to remain in existence for a while now – and longevity is always an indicator of good service.

One of the best brokers, providing signals in the industry, are 24Option. Instead of risking your investments with unreliable systems, check out their reviews and make sure that you get maximum results and best execution for your signals.

Unfortunately, such people tend to be right, making it difficult for the others to get involved with such providers. As with any service, your best bet is to do some live testing of Up Down signals of your own.

However, one of the disadvantages would be the fact that you would have to be present to place the trades during the suggested time window.

Up Down Signals Price

Up Down signals service is available to traders at $99 a month, which is generally the standard fee for most other providers of Forex signals. There is a one week trial available which costs $4.99. This low fee enables you to try out the Up Down signals and determine whether they are perfect for your trading needs.

Did You Know that

You can get Forex Signals For Free. According to 71% of the traders who use Forex Signals, the best signals and trading alerts provider is QProfit System.

It has one of the Top 3 Winning ratios on the market and more 3/4 clients’ approval.

It is important to use this period only to test the results by trading small amounts just in case your objectives don’t work out as expected. You may also choose between a non-recurring 7 day trial for $24.99 and a quarterly plan for $197.

Up Down Signals Scam

Because Up Down is one of the signal services available on the market, your odds of experiencing a scam with this broker remain average.

That said, some traders have experienced inaccurate results with many of the initial signals placed using an hourly expiry time. This being due to the fact that the exact time of expiration contained in the alerts was unavailable on the broker account availed at the time.

This is perhaps the only caveat there is to using the Up Down signal service. You will probably find more complaints and reviews on the web, it is advisable to make your own research.

Traders Comment

I personally prefer free signals, it is enough that you cannot be sure if they will waste your money or at least there should have some free trial period.

I paid almost $100 the first month on on the 3rd day I was sorry for doing this. I received nothing but false alerts, there were some exceptions, but this

Conclusion

After making a thorough research, our team of investigators concluded that there are better signal providers than Up Down Sinals . We browsed the web and forums and found many traders that were unsatisfied with the performance of this signal provider.

UpDown Signals Review – Daily Signals by SMS

UpDown Signals is a binary options signals service that provides algorithms-based signals to subscribers for use in the binary options market. The service is suitable for those who have no time to analyze the markets or analyze charts, and want to make money from binary options while still performing their day jobs or other activities. You can compare other binary options signals providers on Investoo.com here.

Asset Types Traded

More than 70 assets are scanned and covered by the UpDown Signals trade alert service. These assets will include all asset classes in the binary options market: currencies, stocks (including recently listed stocks such as Facebook), commodities and stock indices.

Method of Signal Delivery

Trading signals are delivered to subscribers via SMS, which ensures prompt delivery straight to their mobile phones. This is a very suitable way of delivering signals considering that almost everyone has a mobile phone and those with smartphones can easily use their devices to receive signals and then trade on the mobile trading platforms of binary options brokers. During subscription, the trader provides his/her phone number (including the country code) to the UpDown Signals team in order for signals to be sent via SMS.

The signals are valid for three hours. A 3 hours forecast of the direction (Up or Down) is made for several assets. Signals are delivered 1-2 hours after the US session opens for business, which corresponds to 15:30 GMT (or 16:30 GMT when daylight savings time is off).

Signals are sent in the following format:

Signals for 08/03/13. Expiry time: 19:30 GMT

(a) EUR/GBP, Call, 0.8695

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(c) USD/JPY, Put, 96.155

(d) NASDAQ, Put, 3239.1

We can see clearly that the signal shows the asset, the trade direction, the price at entry, the expiry time and the time the signal was sent (which can be used to gauge if the 3-hour window has been exceeded or not).

Three forms of membership exist for those using the Binary Options service of UpDown Signals. The first category is for the so-called “Not Sure” traders. They are charged $25 for a trial period of 7 days. Professional Traders receive the 7-day trial period access for just $4.99, after which a three month subscription of $197 is charged. There is a Monthly recurring membership which is charged at $4.99 for the 7-day trial period, and then $97 recurring charge per month. The same pricing structure also holds true for those using the day trading signals service.

Traders can therefore select the option they prefer. If the trader intends to cancel the subscription, this must be done before the next recurring charge cycle comes up.

On the UpDown Signals website, a claim of 70% profits is made. Traders can use the 7-day trial to assess the signals service to verify this profitability claim. A scan of the website of UpDown Signals shows that more money is made than lost every trading week. The latest results taken from the company’s Facebook page is shown below:

The pie chart shown above translates into a 2:1 win-lose ratio, which mirrors the 70% profitability claimed as success rate on the website. However, traders need to employ money management techniques so that a single bad trade does not make nonsense of the profitable ones. UpDown Signals has realized that traders need to be guided on money management and has devoted a full page on their website to educate traders on aspects of money management.

Here is the profitability data for the last 12 months of trading, beginning on August 2020:

  • Total trading days: 236
  • Total signals: 874
  • Average signals per trading day: 3.7
  • Average signals per calender week: 25.9
  • In the money success rate (%): 71.5%
  • Day Trading accumulated earnings (%):60.8%

The special features of the UpDown Signals service are as follows:

1) An affiliate system which pays a percentage of subscription fees to those who can promote the service exists.

2) Subscribers also get a 60-day money-back guarantee.

3) There is a feature which allows independent providers of signals services as well as owners of successful EAs to apply to become partners with UpDown Signals. Those with systems proven to work can get paid a portion of subscription fees for use of their products.

The UpDown Signals team can be reached by the contact form on the website or by email ([email protected]).

More About Adam

Adam is an experienced financial trader who writes about Forex trading, binary options, technical analysis and more.

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