Published on July 12th, 2017 | by John Kane4
Options Review: Cash Up Trading Signals
Summary: A lot of promises, but no real transparency. The creators need to provide us with long form trading statements.
Today I’m reviewing a new signal service the claims to of the ability to turn new be traders into binary options gods, CashUp Trading Signals. For $97 per month, the developers of this service claim that they will change your life and “boost your binary option profits immediately.”
The service is owned and operated by Big Trends Signals Ltd. it looks like the original name for this service was Big Trends Signals, but it has since changed to CashUp. There is no information on the location of the provider, but you can get in touch with support via a contact form at the bottom of the webpage.
See all binary options signal service providers reviewed here.
CashUp Trading Signals Review
According to the sales page, the CashUp Trading Signals service sends out more than 100 high quality signals per day. They guarantee and 80% win rate on the signals and give us an example where if we invest $100, we can easily see over $600 in returns on a daily basis. These are some pretty extraordinary claims, which is common in the binary options market but it doesn’t always lead to fortune and wealth.
We are told that their strategies or built by professional programs with more than 10 years of trading experience and that they package it in a way that is easy to read and follow.
- Type: Signal Service
- Price: $97/month
- Strategy: Undisclosed
- Pairs: EUR/USD, USD/JPY, GBP/USD, EUR/JPY, EUR/AUD, GBP/AUD, USD/CAD, USD/CHF, EUR/GBP, SILVER and GOLD
- Expiry Times: 60sec, 5min, 15min, 30min and 60min
- Winning Percentage: 80%
- Signal Frequency: 100 Per Day
The CashUp Trading Signals product comes across as a system that’s too good to be true. It’s very difficult to believe that any trading system can generate an 80% ITM while still providing hundreds of trades daily. If the service provided 10 to 15 trades, it would be possible to achieve a higher ITM, but the more trades you take, the less filters there are. Real trading strategies will use many different elements and filters to protect from bad trades but when you are trading hundreds of signals a day, it’s hard to believe there are any protective measures at all.
What I don’t understand about services like the CashUp Trading Signals, is that they do not provide us with trading results. This website has been active for about 3 to 4 months now, which means they should have 90-120 days of results to show the community.
There is no possible reason why this signal provider wouldn’t provide their trading history, unless it doesn’t match up with the promises they are making on the sales page.
The only results they show, are a list of the last 5 or 6 trades, but they don’t show us the strike rate or the direction. So, they are really showing us nothing at all and this makes me worry about the legitimacy of the signals and the transparency of the signal provider.
With the information we are provided, I just don’t see how I can recommend the CashUp Trading Signals service at this point in time. My hope is that the developers start providing their trading history, and maybe even adding in a free trial without a deposit.
It’s also quite apparent that the developers need to spend more time on their sales page working through many of the spelling and grammar errors. It’s difficult for me to sign up with an investment opportunity that doesn’t put forth the professionalism that I require.
Please leave a comment or question with anything you would like to know about this service. I also look forward to hearing reviews from real clients of the service.
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