Perfect Signals is a trading signals system and automated trading robot software. It also goes by the name of Cyber System Signals. They work with a variety of brokers, depending on your country of residence.
Perfect Signals Review
There are two parts of the Perfect Signals system. The first part is a trading signals idea generator. The nice part of this system is that it includes a countdown timer for the actual signals. This way you know how fresh the alert is.
We have recently reviewed many scam trading software, and saw that the other ones do not even give you a real potential profit number. Here the potential profit per trade is accurate with the brokers that they connect too.
The trader can set a default trade size, but the minimum trade size is $25. Which is not good when dealing with brokers with a minimum trade size of $5. The way to get around this, is to have both the brokers platform and the signals platform open in 2 windows. And instead of placing a trade via Perfect Signals, just jump over to your brokers platform, and place the trade there.
As we all trading signals software, our biggest problem is what are these signals based on? We assume it comes from some sort of algorithm, but naturally no one is going to tell us the source of strategy of the algorithm.
Your best bet is to just monitor the signals, see if they would have been profitable for you.
Perfect Signals Auto Trading Robot
The second part of the system is what they call Perfect Trading Bot, which is an automated trading robot.
The auto trading robot takes all trading signals that the system generates and places the trade for you. There reason traders like using auto trading is so that they can make money without being at the computer.
However, there are many problems with automated trading. Like you have seen in the movies about robots losing control, and destroying everything in their path. A trading robot that starts giving bad signals can wipe out your entire trading account.
It would be nice if the auto trader would including stop loss features in the event of a streak of bad signals.
Brokers Trading Signals
Many binary option brokers offer their traders some form of signals. If you are interested in trading binary options with a reputable broker, have a look at the updated list of best brokers.
Warning from Australian Regulator
“ASIC urges all investors considering trading in binary options to check they are dealing with an entity that holds an Australian financial services licence or is authorised by an Australian financial services licensee and regulated by ASIC.”