Signals Map Review Signalsmap.com, Scam or Reliable

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Contents

Signals Map Review: is Signalsmap.com Scam or Legit?

Signals Map Review: With the lots of scam trading signal services in the industry and complaints from disgruntled traders we decided to do a SignalsMap Scam Review. Signalsmap.com is a signals service provider that send trade signals to its clients through SMS and mail.

Most times manual day traders rely on the services of signal providers to give them market quotes, the right strike time to enter and exit the market. A good signal service should have a high win-rate and good track records. Some services are offered for free while some are paid for. Free does not mean weak or low standard because the signal providers would get their compensations through commissions from the brokers they refer to you, Neither does paid signals connote quality service. Therefore, the most important thing remains, getting the right signal provider whether paid or free.

Signals Map provides their services for free, and get there affiliate commission from the brokers they refer to you. Now the big question is. Are you going to profit from those trade signals they send you? Are the brokers legitimate or just a scam?

Disturbing Things Found about the Signals Map(Signalsmap.com)

We found the following disturbing things about the Signal Map:

Unregulated Brokers

Most of the brokers they work with are NOT Licensed, that means they are not under any regulatory body that monitors their activities to ensure they stick to best practices. One of the major problem is withdrawal issues, You won’t be able to withdraw your money from these brokers. You can check out traders complaints of been scammed by some of the brokers SignalsMap work with in our DaxMarkets Review, KayaFx Review

Unverified results

The results they paste on their website cannot be verified. One of the scam tactics we have seen with some scam signals services we review, is faking of performance. Some of these services put up fake fabricated results on their websites to deceive unsuspecting traders. So its very pertinent to ask yourself if those results you are seeing are verifiable.

Review Verdict

Signals Map is NOT reliable

Conclusion

The Signal Map trading signals is not a reliable service, one of the reasons for this is that most of their brokers are unregulated and outright scams. Feel free to drop your thoughts in the comments section, if you have used their service.

Best Binary Options Brokers: 2020 Ranking
  • Binarium
    Binarium

    Best Choice! The leader in our ranking!
    Perfect for beginners!
    Free Demo Acc + Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Trading the financial market could be very profitable, only if you use legitimate softwares and tools. Run away from scams, they will lose your investments and leave you devastated. Only use systems recommended by our team of professionals.

Thanks for reading our review of SignalsMap trading signal service. Stay safe! Fight scammers

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RISK DISCLOSURE

Trading binary options may not be suitable for everyone and may also not be legal in your jurisdiction,make sure you are aware of the risks involved as there could be total loss of capital. Don’t trade with money you cannot afford to lose. Binary Options is prohibited by the ESMA. BestBinaryOptionsWatch.com cannot be held liable for any damage resulting from use of information on this website. The FTC Required Affiliate Disclosure: BestBinaryOptionsWatch.com is a professional review site that is independently owned and as such, opinions expressed here are our own. We receive compensation from companies whose products we review. However our professionals test each products thoroughly and recommend the best.

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