Harrison & Woods from HWAnalytics is a new binary options signal service. The developers of the system believe that traders can improve their trading results today by taking advantage of free signals.
Today I’ll be reviewing this new service so that the binary today community can come to a conclusion together as to whether or not this is a viable product.
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Harrison & Woods Review
The Harrison & Woods website is comprised of a video, a how it works section, and an area where they show the last 10 trades they’ve provided. It looks as though the main goal of the website is to gather phone numbers of binary options traders. There is a button titled schedule a call and it is placed frequently throughout their sales page. According to the website in order to gain access to the trading signals it is a requirement that we schedule a free consultation call. This is starting to look a little bit like a bait and switch. They are offering something free but we have to have a phone conversation with them in order to get it. Sounds like a timeshare vacation pitch, or a way to generate leads for binary options account managers.
In the video at the top of the page the Harrison & Woods representative tells us that they are a team made up of over 100 professional trade analysts. It’s these analysts job to research the markets on your behalf and then provide signals with a 77% in the money ratio. I have a very hard time believing that this service has over 100 analysts. It would take a very large amount of money to pay 100 professional trade analysts. If the people here at HW analytics are truly giving us these signals for free how are they paying hundreds of people? This is the part of the equation that doesn’t make sense and worries me. I believe that when we book this phone call we are going to be aggressively marketed to and sold something that has nothing to do with the original signals pitch.
The live signals area of the website shows the last 10 trades provided as signals. Last week this service provided traders with 7 signals in total. I have no problem with signal services that are slow and steady but if you are interested in this service make sure that you are aware that there are very few signals being provided.
As of right now I will not be recommending Harrison & Woods to the binary today readers. There’s something untrustworthy about this website and I just haven’t put my finger on it yet. Obviously, they are trying to make money by promising us free binary options signals. I don’t like developers that aren’t straightforward because the one thing we all need when it comes to investing is transparency. Please let me know what you think about this new signal service and if you’ve used it I’d like to hear from you as well. I appreciate the time you spend here at binary today and hope that you continue to contribute to this strong and effective community.