Published on March 13th, 2020 | by John Kane1
Binary Review: VorteXz Signals
Today we are looking at a new binary options signal service, Vortexz Signals. The developers of the software claim that they’ve the highest win rate in the industry. They tell us that despite 98% of all binary options traders losing money, their community with over 300 traders are all part of the 2% that are winning consistently.
Vortexz Signals Review
According to the sales page, the team behind the Vortexz Signals service has been developed, tested and improved over the course of the 7 year trading period. They promise a 75% win rate, and provide their signals through a group on Discord. This is an application that can be downloaded for free. Like many other signal services, this is advertised as a free opportunity, but this is not exactly the case. Traders are required to register with the OXMarkets.com broker, in order to gain access. This brokerage provides traders with an 85% payout, a minimum deposit of $250 on the PandaTS platform, but it is not regulated.
As Featured On
There is a section right at the top of the Vortexz Signals sales page that tells us that this signal service has been featured on Financial Partners Expo Barcelona, TraderPlanet.com, Moneyshow.com, Forex Magnates, and Yahoo Finance. Despite searching all of these websites, I’ve been unable to verify or find any proof of this service being discussed on any of these news outlets. Maybe these images are on the website to let us know that binary options has been spoken of in general, but that doesn’t make a lot of sense to me.
The trading results section is very impressive, but it is missing a little bit of detail. They are utilizing a JS chart by amCharts to show us the wins per month, the winning percentage and the increase in the account balance. The chart shows that the signals have resulted in 461 wins and an account balance of over $47,000 since January 2016. The winning percentage jumps anywhere between 65 and 97% for a particular month.
The only thing that is missing, and it is quite important, is the Vortexz Signals themselves. There is no way of proving or verifying these results because we are not given the opportunity to look at each separate trade on its own. This chart could be created with totally fabricated and false data, without us ever really knowing. With that being said, it’s important that the developers of this system recognize that this is a weakness and provide us with what we are asking for moving forward.
Until I can see the trades provided by Vortexz Signals, I’ll be rating the service 3 stars out of 5. That is not a bad rating by any means, but we have high expectations for all of the developers in this market. Providing us with a trading statement would go very long way in proving that this is a legitimate service and something that can be recommended to the readers here at Binary Today.
If you have any thoughts or questions about the service, please feel free to email me or leave a comment down below the article now.
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