SignalPush
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SignalPush is a binary options service that has recently popped up on my radar screen. I was eager to learn more about it since it is a platform for connecting signal services, or SSPs as I call them, with traders like you and I. SignalPush is not a signal service, it is a platform for signal services, gurus and social traders to market themselves and their product. The home page of the web site goes so far as to say that they “connect traders and signal service providers in < .25 seconds”.
At first I thought SignalPush was a service that funneled signals from other sources onto one screen but I was mistaken. SignalPush is actually an independent company that provides a service to both signal providers and binary traders. It is in effect a marketplace of its own. Signal providers are able to rent space and market themselves to traders, who are then able to browse amongst the offerings and pick the ones they want to copy. Heres a video explaining some tips and tricks for you to utilize with SignalPush
The website provides a dashboard with tools for helping you pick, manage and copy trades from a leader board of top traders. In essence, SignalPush is a binary options social and automated copy trading platform that can link with a number of top brokers and be used to manage your account. The platform is a free down load but in order to use it to its fullest you will have to pay for signals. Each provider, vetted by the company, comes with a monthly fee but dont worry, there is a way to get at least one free month of this great platform. After that fees vary from trader to trader.
Enough of the fluff, what do you really get when you sign up for SignalPush? The platform is a dashboard that details your account, your risk management settings and the trades you are following. The dashboard also lists top traders from which you can pick any number you want. There are settings to manage your account so that you can limit trade sizes and protect your capital via dollar amount or account size. The platform is also capable of providing multiple types of alerts such as volatility and break out alerts and currently supports dozens of top brokers. Provider and client accounts can be connected through API for automatic copy trading.
Who Do You Follow On SignalPush
The platform doesnt allow just anyone to set up shop though. They require 6 months of trading records as well as signed contracts and legal documentation of identity. Once traders are approved they can then start trading with the platform and are listed on the leader board, which is where you can find and follow them. Each provider charges his own rates that you pay by credit card through the SignalPush platform. One thing that I really like is that SignalPush is independent of the brokers and only uses affiliate marketing to pay for the free one month of signals offered to new clients.
Once you register you will receive a confirmation that you must respond to in order to gain access. Once you do that you download the platform and start setting up your account. Providers are listed on a leader board from which you can choose one or more to follow. The list of current providers as of Jan 2015 is as follows:
Ace Signals
Legendary Traders PANDA
Hot Commodity
FX-PTSP
ITM Signals MW
Binary Options Experts
Dolphin Options
Birinus
Neo Trades
Wall Street Warrior
KNR Traders
Harami Binary
RA Signals STP
Fantasy Signals
Peak Traders
Just Signals
Ghost in the Machine
Leverage
RA Signals MW
Binary Options Area#2
Lite Signals
Alum Trading Signals
That Guy
Iced Candles
Binary Options Vic
Binary Options Forex
Cambridge Signals
Quantum Binary
Top Binary
AutoChartist
Their trade stats are listed and you can even check out a profile for more in depth information. Most providers also include some form of trade insurance, so that if they dont meet expectations in the first month of use you can get another month free or at a reduced rate.