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Published on April 17th, 2015 | by John Kane

1 Review is a binary options social trading network. Using this software traders can follow the progress of real people and copy their trades automatically.

Today I’ll be investigating the dynamics of this trading service and letting the binary today readers understand the potential of this type of trading offer. Review

Is really a lot to take and when looking at the website for the first time. The concept is quite simple, there is a leaderboard on the website populated with actual traders and you can follow their exact trade signals and use them yourself. Here are some of the community statistics the service boasts.

  • 3748 Traders
  • 13506 Traders copied
  • Top 3 Traders Win Ratio 62%

There are a few potential issues with the service like Firstly, if you go into the leaderboard and take a look at the last 3 months the winning ratio is very poor. The highest level of profitability in the leaderboard is $247 which is just not enough for me. This trader achieved to win ratio 67% but has anything traded in a month. It looks as though 6 of the top 7 profitable traders on the website all having traded within a month. I’m not sure if this is a signifier that the site is no longer being used by traders but this certainly isn’t a good sign. You can’t follow trades from a trader that isn’t trading.

My only other issue with is that it only works with a specific few brokers. Here is a list of all the compatible binary options brokers:

  • Stockpair
  • CherryTrade
  • Banc De Binary
  • GOptions

At this point in time I see no reason to give the binary today seal of approval. I believe that the concept is strong and can certainly be developed into something stronger but if there are no traders providing signals then the service is useless and that seems to be the case right now. If you have something you would like to add to this review or you notice that traders are starting to provide signals again please let me know immediately. I appreciate you coming to the site today and I hope that you spend more time on binary today getting to know myself and the community.

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About the Author

I am a full time binary options trader. I was able to leave my job in the last 5 years and dedicate myself to trading fully. I never thought my hobby and passion would make a living for me but I am grateful every day that it has. My main goal now is to communicate with the binary trading community, contribute to different websites and learn from other traders.

Disclaimer: Binary Today would like to remind you that the content contained in this website is not necessarily real-time nor accurate. Past performance does not guarantee future performance, the above is not indicative and is purely for educational purposes only. Relying on the above for investment, trading or betting in binary options or Forex is not advised unless done so with virtual money only.

Binary Today or anyone involved with Binary Today will not accept any liability for loss or damage as a result of reliance on the information including reviews, recommendations, charts, software, income reports and signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

One Response to Review

  1. Harley Martin says:

    Hi John,
    What you pointed out is fine which I found normal for investor social network. What is interesting is the interface with MT4 to trade binarys for the user using alerts. Later …

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