The Quantum Binary Signals service offers a neat way to trade binary options without having to do any analysis yourself. You simply follow the set time trading alerts you are sent and sit back as your account grows.
The service claims to have a group of ex hedge fund traders behind it with a combined experience of over 20 years in financial trading.
It is pitched as being as easy as ‘1,2,3’ to use. It is suggested that all you need to do is subscribe, place the suggested alerts sent in your account watch the money stack up.
The theory of this is great as there is no real ‘work’ to be done. It is so simple that in fact anyone can be acquainted with the process in just a few minutes.
How Quantum Binary Signals Works
As with most binary options signals services the format offered here boils down to a standard trade alert service.
It only takes a few minutes to sign up to the service. Once you have done this you are eligible to start receiving alerts from the very next signal.
You will be sent alerts via email and SMS. Given how time critical trading with binary options can be, these notification methods help to ensure fast delivery. You should end up having a decent amount of time to react to act on the signals sent.
Each alert contains the asset to trade, the contract to place (either Call or Put) and the time that you should set the contract to expire. You will also be provided with the live market price at the time that the signal was sent. This provides a useful reference should you get to act on the alert late.
As with all services of this nature what is important is the Strike rate. This is the level of trades that have historically have won and ultimately made a profit.
So what is the performance like? Well, Quantum Binary Signals quotes a monthly success rate of 75-85%. While you won’t win every trade, this should be sufficient to allow most traders to build up good consistent profits over time.
The service looks promising. A quick scan of the web reveals some generally positive reviews from other traders. Furthermore the frequency of trading with up to 3 trades being sent out each day, is sure to please most people.
The website quotes that by using these signals it is possible for the average joe to make a return of up to 500% a week. While you are probably unlikely to do this on a regular basis, even making gains of half (or even a 10th!) of this amount would be sure to see your account grow.
If you can’t wait for our full live test then check this binary options signal service out for yourself. Quantum Binary Signals offers a seven day risk free trial for just $9.99. This shows a great amount of confidence in their ability to deliver. After the trial period the subscription is just $99.99 per month.
Live Test Results
|Live Trading Record|
In the short trial we undertook of the service the performance could only be described as ‘hit and miss’.
The biggest problem that we encountered was an inability to get into the trades at the suggested levels . Given the time sensitivity of the alerts any delays occur in delivery can have a dramatic effect on performance.
BUT… the story doesn’t end there. After we gave up with our testing we continued to place the signals we received in a live money account and guess what; suddenly the performance improved!
It is important to understand that any strategy can go through periods of poor performance just because of changes in market conditions. It seems like our test period may well have encountered one of these and as a result we didn’t see quite the level of performance that we had hoped for.
Once we officially stopped recording our results we received a further 15 trades which we were able to place. Of these we won 12 and lost only 3 trades over a two week period before our subscription ended.
This literally turned around the performance of the service on it’s head! Ultimately given that the service redeemed itself and left our account in profit over the course of the subscription we would recommend Quantum Binary signals.
Of further note is that an auto trading option is also provided. Had we not chosen to manually place the signals we may not have encountered our initial problems with placing the alerts.
Quantum Binary Signals Review Verdict
- Simple set time signals for Binary Options
- Looks to have a good long term record
- Range of markets and assets to trade
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- We initially were unable to get in on some signals