iFollow Signals Review
Friday, March 7th, 2014 by Michael Freeman
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.
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 .