Binary Options is a financial trading option where you have to predict the future asset movements to win a trade. Franco is a professional trader who has been doing trading over many years. Mainly Franco is a creator of this trading signal platform.
Curious about this program? You’re in the right spot. I could have used this review when I was first learning how to make sense of binary options/forex assets. I liked that you needed zero trade experience to join the platform.
You can learn as you go along-I am a hands-on learner, so this was huge for me. Imagine trading in a room where a professional investor is broadcasting to you! No, I am not kidding around.
Let’s have a look at what this program can offer you in diversifying your portfolio. I would like to mention that I’m not sponsored by this program-just relaying information in a balanced way.
This program is just right for you if you feel in the dark about binary options and need a push in the correct direction. You need no trading experience to start with this program.
A Binary option is a trading option in which the payout is some fixed monetary amount or nothing whatsoever. Cash or nothing and asset or nothing binary options are two main types you will encounter. They usually cost under $100.
The creator of this program is a man who is going to seem mysterious until you get into the program-he goes by just one name, Franco.
Don’t be swayed by this- he wants everybody to be successful. He has heaps of experience under his belt as an experienced trader with binary options and Forex.
Before we go any further, I would like to make it clear: This is not a scam in any way. However, you are not guaranteed success when it comes to the markets. Never invest any money that you cannot afford to lose.
While past performance is a great way to make a market strategy, it is NOT a guarantee of future results. You must understand that while Franco’s program boasts an 85%-win ratio, it is not going to be this way every time you get on the platform.
Don’t be afraid to reach out for some help regarding the trades-you will come to see that there is lots of support on this website. Begin your quest by trading with funds you can afford to lose, and then when you win, trade with your gains.
If you experience a loss, stop, and rethink your strategy.
What Is This Program?
So, a Binary Option is a trade option in which you must be skilled at predicting how assets will move in the future to win with this type of trade.
The creator of this program, Franco, has been doing this for years-he is the guru from which you will learn how to master this type of trade.
Of course, there is no guarantee when it comes to investments, but Franco’s advice may help you. Here’s how it works.
The program is known as BOTS (binary option trading signals), and I must remind you that no trading experience is needed for this program.
The underlying principle of Franco’s method is that we need not rely on trading patterns, principles, or even advice given by a robo-advisor.
Instead, Franco prefers a human approach. It is why you get access to a real live expert speaking to you! And yes, they do use market analysis in forming their opinions. The signals are created by actual experts, and you can expect an 85%-win ratio with this program.
It’s easy. You will be able to follow the instructions provided in the email or text message you get, and then you get the signals right in a live trading room. You can do it on your tablet, laptop or phone!
My Experience: BOTS
As any consumer, I was not so sure about this program. And when it comes to wealth management, I am extra cautious about where I spend my money.
Thankfully, Franco lets you in to watch a session and see how it works. It is a huge relief, especially if you are on the fence about whether or not to buy.
I learned that the trading signal is based upon six algorithms. Those interested in Forex can use these algorithms, or signals, to start currency trading.
I want to make it clear that if you are looking for investment advice, please go elsewhere. These experts can show you the right direction, but for trading advice, you should seek a financial advisor. However, if you would like a unique trading strategy, check the BOTS.
How I Got Started
I decided to take advantage of the Monday Free Trial option at first. Later on, I did supply billing info because I liked the program, but we will get to that later.
All you have to do is start by providing your name, email, and a password you make yourself. You will have to enter payment info-I used PayPal as I felt it was easier. Credit cards are an option, too.
Even though you have to enter payment info, you can cancel at any time. Don’t let that bit about payment discourage you. Just make sure you do it 48 hours in advance, and bear in mind the trial is only for one day.
Once this is all done, it’s time to get to work and you have to be ready. You will get a chance to see the signals and Franco’s recommendations. BOTS immediately get to work analyzing the market and making predictions before generating the signal.
Financial events, news, and other factors that affect the markets are used. I love how up to the minute events are used in determining the value of a binary option.
The live webinars you can take advantage of are easily my favorite, however-it’s a live stream of pure education.
It is recommended you devote about 2 hours a day at this to see results. I think this varies from person to person; I spent about an hour and a half per day to it.
What’s Franco’s Trading Style?
He trades on the most popular currency pairs-USD to JPY, USD to GPB, EUR to USD. He finds the best signals happen at 60 seconds, 2 mins, and 5 min trades. Using these signals are an excellent way to trade Forex, too.
You will find at times he uses 15-minute signals, too. The advantage of the 2- and 5-min signals is that you can open an account with GTOptions, and they sometimes offer a promotion. When I first started, for example, you could get 5 risk-free trades.
Strategies Employed By BOTS/Franco
Franco makes use of different trading strategies that he executes in accordance with the expiry times. He uses different trading indicators and lines as a way to build and execute trading strategies.
I should also note that he makes use of the Martingale strategy, which is good because it minimizes losses. If you are a newbie to trading, it may be wise to use a different strategy for now.
But don’t fret. there are plenty of other options.
- Batman: Once the candle closes, you can place the trade right away. After you use the bat signal, wait for the remaining pink arrow on the 15-minute chart.
- Tony D: This rule states that the dollar controls everything, and you should always pay attention to DX. (It will become easier once you see it in action).
- Dr. Natalia: You can only place a trade most recent candles on 5/15-minute charts BOTH have pink arrows AND a white arrow on the 1-minute chart.
- Humphrey: You may place 7-15 trades at one time.
- LSR: You can only do 30 second- or one-min trades with this strategy.
How Is the Support?
I found the support to be amazing. The fact that you can talk to Franco right there on the platform is fantastic.
And, you get to speak and communicate with other traders via email or an open chat window. The trade of ideas is the second coolest thing about this next to the trading of binary options.
Pros and Cons
Here I will list out the main features of the program and what I really liked about it, and also talk about what was not so great. It can help you decide if this is something you’d like to pursue.
- The win rates are 85%
- Over a decade (15 years) in trading
- The platform is VERY user-friendly
- Trading happens in real-time
- A free trial is offered
- Support offered from real live experts
- Costs $97 every two weeks
- You have to be ready to learn a LOT
- It’s all about maximizing your strategy
- You may have to devote LOTS of time to learn this program.
I think this is a great way to get into binary options. You will be spending a good chunk of change on this program, but I think it’s worth it if you want to learn the ways of binary options.
It’s a hands-on learning course, and I’d recommend it to anybody who wants to dive in and get started.
Blake is a self-made online day trader with a knack for adventure. On his free time, he loves reading and learning new methods in the trading as well as improving his jiu-jitsu skills. He currently resides in New York City.