iFollow Signals Review


Friday, March 7th, 2014 by Michael Freeman

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Today I am going to provide you with my latest experience trading with the iFollow Software as a followup to my iFollow Signals YouTube video. If you’ve been trading binary options and attempted to follow a service, you probably understand how hard it is to find a reliable service or software. Statistically for every good service, there are 10 under-performing services which makes it a challenging task to find THE ONE binary options signals provider that can provide with real value and high accuracy with their prediction rate. Another challenging truth is that these offers, as much as we would like them to be, are never free and don’t confuse the term “free trial membership” with a %100 pure free ride, because none of the services, software and bots will let you use their services without something in exchange and it’s usually a broker registration. You can be sure that they will monetize their service as best as they can and price their offer anywhere between $80 to $250/month.

My iFollow Signals experience started not long ago when I took their free trial offer for 30 days. As I mentioned above, the free trial is not absolutely free, as a new member you are required to fund a trading account with one of the partnered brokers, this is true with every service for binary options. This would be ideal for traders who never deposited with a broker yet and have a preference to one of the iFollow Signals partnered brokers. In this case, you can start with 30 days free without having to pay anything to download the software.

The software is very straight forward and easy to work with, each signal generated by iFollow Signals includes the expiry time in GMT as displayed on most broker platforms. If you are an Anyoption trader, you might find it difficult to follow the trades as the expiry times are different than the ones displayed on other platforms, this is because Anyoption runs on their own independent platform. In this case you must register with a Spotoption broker or one of the iFollow Signals recommended brands.

The brokers offered by iFollow Signals include TitanTrade, Opteck, Interactive Option and OptionFair. The only broker available for US traders is TitanTrade. Opteck, Interactive Option and OptionFair are regulated in Europe and offer access worldwide.

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So what can you expect with the iFollow Software?

I decided to post a positive review on iFollowSignals.com due to their relatively high performance, on average they get %80-%85 ITM which is very high. Many services advertise a performance as high as %90 to %100 which is close to impossible, therefore I would personally avoid these services. The other benefit with iFollow is the high volume of daily signals with over 20 signals per day. In comparison to other providers who only generate between 2-4 signals, catching a good number of signals every day is possible when you receive more signals. After all, you can’t sit in front of your computer for 24 hours, so with iFollow Signals even if you end up catching half of the signals you will still manage to follow 10 trades! The more the better but it’s not always possible.

The software cost is relatively high at $195/month for a 30 days license, but I personally think it’s worth it after trading with iFollow Signals for a few weeks. The best way to start is with a free trial is you are hesitant to pay this high premium to purchase the software which I can totally understand. After all, $195 is more expensive than most services but keep in mind that most services under perform and way below their advertised performance.

If you have your own experience with a signals service or any questions regarding the iFollow Software, don’t hesitate to comment below and thank you taking the time to read my review for iFollow Signals. For more information on other providers visit the Binary Options Signals page .

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25 Responses to “iFollow Signals Review”

  1. edgar Says:

    Hi Mike, nice review. nice to hear that there is another legitimate signal service. I am currently trading with power option and their is this signal service called signals binary. could u do a review of them coz they recommend joining power option and they seem to be having a high ITM percentages. please help:)

  2. HowtoFollow Says:

    Hi Mike … Could you please elaborate on the format of the signal and the interface of the application because on their website all the necessary info. is sadly missing. In other words:
    1) Do we open the broker inside the iFollow app. (i.e. like optionbot)?
    2) Do we have to change any particular “setting” in order to get Hourly/Daily/Weekly signals?
    3) What is the typical expiry time? 5min? 15min? 25min? 45? 1hr?
    4) How does the signal look? Asset? Direction? Expiry?
    5) If we minimize the iFollow screen will we hear a “chime” to warn a trader of activity?

    As always Mike you are at the forefront of B.O. trading and we all look up to your insights. Thank you!!!

  3. Darryn Fell Says:

    Hi mike,

    awesome review, I’m going to try them out.

    Have you heard of binarysignalapp ?

    if so do you recommend them. Im thinking about trying them out.

  4. Michael Freeman Says:

    Hi Darryn, iFollow is a great service, you will be very happy with their ITM! I haven’t heard but about the BinarysignalApp but if you decide to signup with them, let me know how it goes.

  5. Michael Freeman Says:

    How long have you been trading with Signalbinary, it seems like I am getting mixed messages about their service which is why I don’t know what kind of a review to give them. I might end up trying them but I do receive negative and positive comments and emails about them, nothing conclusive yet. After trading with them for a couple of weeks let me know how it goes, I am really curious.

  6. Michael Freeman Says:

    The signals are streamed via the software, the expiry is synced with your broker’s expiry times which makes it easy to follow. There’s no special setting required. The signals are sent on multiple expiry times, 30 minutes, 60 minutes and all the way up to the end of day. There is a sound each time a new signal is streamed, even if the window is minimized which is a great feature.

    Over all I think that iFollow nailed it with a very simple software. The good thing is that unlike the Option bot, no further training or setting is required in order to use the signals.

    Unfortunately it’s a little bit expensive but if you are in a position to open a new broker account, you can download it free for 30 days. I sincerely recommend this software.

    Thank you for the kind feedback and have a great weekend!

    Mike

  7. Helen Says:

    As a new trader, it sounds like this might be a good software/service to try as I have not deposited any funds yet. If you have other recommendations for newbies, I would love to hear them!

  8. Michael Freeman Says:

    Thank you for the comment Helen, iFollow Signals is a great software! If you don’t have a broker account yet and you plan to register with a broker anyway, you should definitely take advantage of the 30 days free trial. If you live in the US, the only US friendly broker available on iFollow is TitanTrade and they are a good choice, otherwise if you are trading from outside of the US, I would recommend InteractiveOption or OptionFair as both are fully EU regulated. InteractiveOption offers a lower minimum per trade of $5 instead of $10-$25 as required by other brokers. This is especially good if you plan to practice and trade without the help of a service. Cheers! Mike

  9. max Says:

    Is it available to Android/smartphones?

  10. Michael Freeman Says:

    iFollow Signals supports mobile decides, MAC and PC. Cheers! Mike

  11. Helen Says:

    Thanks for the ideas, Mike! :)

  12. Gavin Says:

    Hey Mike,

    Great review ! is the minimum investment amount with interactive option $15 ? I know most others are $25

    Also how have ifollow been performing right up until today for you ?

    Thanks again !

  13. Michael Freeman Says:

    The minimum per trade is only $5 with Interactiveoption last time I checked. iFollow Signals rock! I am a big fan of this service!

  14. Jamie Anderson Says:

    Hi Michael. I am considering opening an account with interactive option through ifollow signals but I have a question. If I deposit the initial find through PayPal will I be able to withdraw a bigger amount when I gain it? As in you can only take the initial deposit amount via bank account

  15. Michael Freeman Says:

    The only difference is due to the PayPal limits. It’s possible to increase your PayPal limits but keep in mind that PayPal doesn’t let you withdraw more than $750/day and for each $750 you withdraw you’ll have to pay Paypal around $25-$30 so it can get pretty expensive to work with PayPal even though it’s convenient. It’s possible to convert your PayPal account to a business account and this way you will be able to increase your limits. Either way I think that iFollow Signals and Interactiveoption are a great combination! Have a great weekend! Mike

  16. Michael Axelsen Says:

    Hi Michael,
    Seriously… does that mean that if I as a newbee – sign up with Interactiveoption, and use Ifollow, then I would 100% sure be able to make Money? If this is true, that would mean that I could make some income this way – while I on the side keep educating myselves. Really??

    Thanks for your great great service.
    Kind Regards Michael

  17. Michael Freeman Says:

    iFollowSignals and Interactiveoption are a great combination! This will get you through the first 30 days without paying for the software because it’s kind of expensive but I still think it’s worth it. The signals are mostly generated between 9-23 GMT so make yourself some time to be within close proximity to your computer. Don’t give up on your own learning process because there’s more value in achieving a profitable ITM without relying on a 3rd party. If you are interested in a good strategy, checkout my Fence Trading Strategy + Bollinger Bands for 30-60 minutes expiry. It’s a very good strategy and I am able to generate a very high ITM when I implement it with my trades however it does require a lot of patience because you’re not always going to find the optimal trade entry points but you will get better in time.

    Thank you for the comment! Mike

  18. Mark Says:

    Pretty good review. I actually felt the same way about iFollow Signals. And they do have very great performance! I was really impressed with it, really. Thank you for making this review! Much appreciated my good sir.

    -Mark

  19. Ezekiel:-) Says:

    what about lBinary.com is one of the recommended broker by ifolowsignals

  20. Michael Freeman Says:

    Lbinary is not bad. They are available for US traders and they offer some nice features including the Option Builder. Checkout my Lbinary Review! Cheers! Mike

  21. mo Says:

    hi mike will topoption work with ifollowsignals please help going to join 2mrw

  22. Michael Freeman Says:

    I believe it should work with Topoption. I am thinking since the expiry is in GMT the best way to trade with iFollow is with brokers who offer the GMT expiry time frames.

  23. Richard ashton Says:

    I am just about to start with ifollow signals. Just a quick one, what are the arrangements with withdrawing funds from optionfair? I don’t have a PayPal account. Just my credit or debit card. Are they quite fast when it comes to paying out?
    Cheers

  24. Michael Freeman Says:

    Hi Richard, I know that OptionFair is one of the few licensed an EU regulated brokers and I didn’t hear of any complaints as of yet. The withdrawal to a credit card is faster than with a bank wire and if you deposit with a debit/credit card you can also request a withdrawal directly to your bank or from your card to your bank. The withdrawal usually takes 2-3 days with a credit card and up to 5 days with bank wire. The good thing about iFollow Signals is that all the brokers listed with them are legit. I just posted a new video on the Spotoption free demo account, check it out. Have a nice weekend! Mike

  25. Angela Says:

    Thank you always Mike. I will definitely try iFollow Signals and TitanTrade.

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