Published on March 27th, 2017 | by John Kane0
Binary Review: Signal Samurai
Summary: I'm not sure if this service really deserves a 3 star rating, but I'm in a good mood this morning. Maybe I'll change this moving forward based on reader feedback.
Today I’m reviewing a new binary options trading signal service, Signal Samurai. The developer of the service is Kinjo Oda, and he believes that he can put Japanese financial technology into the hands of everyday traders. He wants to increase the profit rate of his clients and help them all become successful traders.
The address for the company is not provided, but they can be contacted via email at email@example.com. As always, it’s recommended that you email the developer with real questions before signing up. This will help you understand more about the compan and how helpful the support team is. If they don’t email you for a week, then you probably know that this isn’t a worthwhile investment. For rankings of the best binary options signal services, go here.
Signal Samurai Review
The Signal Samurai sales page highlights 3 key features, that it’s free, the traders don’t have to download it, and that it’s safe and reliable. First of all, it is not free. Traders are required to register and deposit with a binary options broker in order to gain access to the software. Considering you have to deposit money, that makes this not free. It is true that you don’t have to download anything, because this is a web-based application, as we commonly see in this market. As for being safe and reliable, this is yet to be proven. They can certainly tell us that it is safe, or reliable, but they don’t actually have any real trading results to verify these claims. Kinjo Oda has probably done some minor tests and believes in this product, but that doesn’t mean that it’s proven at this point.
Over the past few weeks, we’ve noticed that website agreements and disclaimers for products like the Signal Samurai can be quite telling. In this case, the website agreement claims that “the videos displayed on the website are provided for informational and promotional purposes only and should not be relied upon in making decisions and are for simulation only by using actors and demo accounts.” So, they are pretty much telling us that the entire sales video cannot be trusted, because it’s not real.
This is really quite dangerous, because most people don’t read the small print. So, there are likely hundreds of people signing up with services like these based on their sales videos, not knowing that the sales videos are actually just for entertainment purposes.
I am looking for real investments, not entertainment.
I really don’t feel like there is much reason to elaborate on Kinjo Oda’s Signal Samurai service after finding out what we just did. I just mentioned in the last paragraph that I’m not interested in trading for entertainment. The only reason I trade is to win, and if I’m not winning, I’m really not entertained.
There are a collection of services in this market that don’t provide adequate results, or prove that they are providing legitimate trading strategies. It does seem like this is one of those services. I won’t be totally judge mental here, and out give this product a 3 star out of 5 rating but that’s just because I’m in a good mood this morning. This service could easily be a 1 or a 2 star, but I just don’t have it in my heart to do so at this point in time.
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