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  1. #1
    Rookie Member traderology's Avatar

    SignalTrader.com !!!

    Hi Everyone,

    Has anyone ever used signaltrader.com? Its basically a service where professional traders trade with your money, to which they match their own money when they buy/sell. I setup two demo accounts both were in profit, minimum live account deposit is 2k, not sure if I should put real money in? There's no contact # on their website only via email so seems a bit shady.

    Thank you.

  2. #2
    Veteran Member Dan21's Avatar
    This is deffinitely not a good idea and it sounds very fishy. Most of these services are. If I were you, I wouldn't give my money to some random people who claim to promise to make me rich or at least profitable for almost nothing in return.

  3. #3
    Moderator Kolyo's Avatar
    Looks similar to Zulutrade, but for me all those sites are fishy too. There you can find some genuine signal providers, but they are so few that the risk to find somebody who will lose you money are much greater.
    "The goal of a successful trader is to make the best trades. Money is secondary." - Alexander Elder

  4. #4
    Legendry Member willyw's Avatar
    Quote Originally Posted by traderology View Post
    Hi Everyone,

    Has anyone ever used signaltrader.com? Its basically a service where professional traders trade with your money, to which they match their own money when they buy/sell. I setup two demo accounts both were in profit, minimum live account deposit is 2k, not sure if I should put real money in? There's no contact # on their website only via email so seems a bit shady.

    Thank you.
    Most of the signal provider are not trustworthy. Be careful

  5. #5
    Master Member SeasaltMcFish's Avatar
    Quote Originally Posted by traderology View Post
    Hi Everyone,

    Has anyone ever used signaltrader.com? Its basically a service where professional traders trade with your money, to which they match their own money when they buy/sell. I setup two demo accounts both were in profit, minimum live account deposit is 2k, not sure if I should put real money in? There's no contact # on their website only via email so seems a bit shady.

    Thank you.
    I expect putting your real money in is exactly that: putting it in (and prob. never see it again).
    Getting your real money out could be a completely different story....

  6. #6
    Legendry Member Michael Hodges's Avatar
    that sounds a lot like a bonus match too... its possible the money they "match" is really deposit bonus which will really put a hurting on your ability to withdraw, assuming they are legit and I think I would listen to Seasalt on that issue...

  7. #7
    Solid Member Daniel Rea's Avatar
    Does anyone else have the theory that the Binary Option companies use signal providers to "balance" out their customers to achieve a closer to 50/50 split? Food for thought

  8. #8
    Legendry Member Okane's Avatar
    Quote Originally Posted by Daniel Rea View Post
    Does anyone else have the theory that the Binary Option companies use signal providers to "balance" out their customers to achieve a closer to 50/50 split? Food for thought
    Sure why not. And I think the next thing will be Just like in casinos where they hire people who look for card counters.

    "I see that you have been analyzing the charts... come with us"
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  9. #9
    Solid Member
    Quote Originally Posted by Daniel Rea View Post
    Does anyone else have the theory that the Binary Option companies use signal providers to "balance" out their customers to achieve a closer to 50/50 split? Food for thought
    I wont get into the signal provider I am using but yes. If you are going to use a signal provider check it is not associated to any binary options brokers. The answer to that is very simple. If they were really that good they would drain the broker out, common sense. It is best to get signal providers that dont work with any brokers. Just my humble opinion.

  10. #10
    Junior Member
    By the way, how does this broker differ by any chance with Zulutrade? I mean at what areas are they better?

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