We have recently received complaints and read many negative reviews on the internet about regulated binary options brokers using indecent practice towards traders. Although some binary brokers may be regulated, we do not recommend opening a trading account with ANY broker, be it a regulated broker or a non regulated broker, as THEY ALL seem to be unethical and non-trustworthy, even the regulated ones! If you have been scammed by such a company you can check out our RECOVER FUNDS FROM BINARY SCAMS section.

Also, instead of trading binaries which are mostly scams, you can trade with a trustworthy and popular FOREX broker such as TradeFred.

Elite Signal – – Scam or Not?

Are Binary Options Signals Regulated?

Elite Signal review, Scam or Not?
Elite Signal review, Scam or Not?

What is Elite Signal?

Elite Signal is a trading signals provider website, they claim to be able to tell you when to press PUT and when to press CALL on a certain binary options trade with very high accuracy and take up to $299 per month for a pro account for traders who want to be able to use their trading signals on a daily basis. Trading signals in %99 are an un-regulated product and you must be aware that when dealing with signal service providers you might be being scammed. So be very weary.

Does Elite Signal Trading Signals Work?

We contacted Elite Signal and asked if we could get a free trial of 1 week of trading signals before buying their basic package. After getting the turnaround we were approached by their sales team that finally agreed to send us a 1 week trial package for free. Nice! So lets start to trade right? We entered our demo account on Banc de Binary, as we have a large sum of money in that demo account, and started to make some trades using the signals. During that week the signals we received from Elite Signal had a %67 success rate which seems fine by us!


Elite Signal is not a scam! We are very happy with %67 success rate for any kind of trading signals, specially binary options signals. We were also surprised to get the 1 week of free trading signals and we can recommend Elite Signal as a trustworthy binary options signals service provider.