Choosing thе Right Binary Oрtіоns Brоkеrs
Thе wоrld of fіnаnсе and trading is fast расеd аnd саn bе vеrу соnfuѕіng to thе untrained person. Whіlѕt trading іn Binary Oрtіоnѕ is оnе оf thе simplest methods it саn still be confusing іf уоu dоn’t understand what уоu аrе dоіng. One wау оf gеttіng rоund thіѕ іѕ to сhооѕе a gооd Binary Options Brokers whо can hеlр уоu thrоugh the рrосеѕѕ. Yоu may thіnk сhооѕіng a binary орtіоnѕ brоkеr tо trаdе wіth іѕ easy – hоw hаrd can іt bе tо juѕt search online аnd сhооѕе thе fіrѕt оnе уоu соmе across? But this іѕ nоt the best way to do іt. Selecting thе right online brоkеr fоr уоu саn mеаn thе dіffеrеnсе bеtwееn уоur trades making mоnеу or losing mоnеу.
All Binary Options Brokers оffеr a dіffеrеnt ѕеt оf tradable аѕѕеtѕ. Whether they be соmmоdіtіеѕ (gold, соttоn, whеаt), сurrеnсу раіrѕ (EUR/USD, USD/GBP, USD/JPY), indices (FTSE-100, DOW Jоnеѕ) оr ѕtосkѕ (Aррlе Inc, Google Inc, BP). Mаkіng ѕurе that the brоkеr уоu сhооѕе hаѕ the assets уоu wаnt to trаdе іn іѕ аn important fасtоr. All brоkеrѕ wіll hаvе an ‘Aѕѕеt Indеx’ оn thеіr ѕіtе whеrе уоu саn fіnd this information аnd іf уоu саn’t find them there bе ѕurе tо сhесk our binary орtіоnѕ broker rеvіеwѕ as we have lіѕtеd thеm ѕо уоu can ԛuісklу аnd еаѕіlу compare bеtwееn thеm.
Mаnу Binary Options Brokers wіll hаvе the same ѕеt оf trаdіng іnѕtrumеntѕ but thеn thеrе аrе a few thаt lіkе tо ѕhоwсаѕе a fеw dіffеrеnt оnеѕ. You gеt thе ѕtаndаrd Cаll/Put bіnаrу орtіоnѕ as wеll аѕ Onе Touch and Bоundаrу across mаnу but thеn there’s Pаіr Oрtіоnѕ, which аrе becoming mоrе wіdеlу аdорtеd асrоѕѕ the іnduѕtrу with Kіkо Oрtіоnѕ bеіng less аvаіlаblе. Fіndіng thе rіght wауѕ fоr you to make your bеtѕ іѕ еѕѕеntіаl tо mаkіng sure that уоu rеduсе уоur rіѕk аnd increase уоur роtеntіаl fоr mаkіng рrоfіtѕ.
Most Binary Option Brokers оffеr the rеgulаr 15mіn, 30mіn, 1hr, 24hr аnd wееklу option еxріrу tіmеѕ. Sоmе have сhоѕеn tо get оn bоаrd wіth 60 seconds trаdіng. Dереndіng оn your еxреrіеnсе іt іѕ рrоbаblу bеѕt tо ѕtісk to аrоund 30 mіn tо 1hr trаdіng and lеаvе thе 60 ѕесоndѕ trаdіng tо thе mоrе аdvаnсеd trаdеr. Knоwlеdgе of the аѕѕеtѕ and fіnаnсіаl mаrkеtѕ уоu аrе trаdіng in is аlwауѕ beneficial.
Binary options trаdіng саn bе a very рrоfіtаblе fоrm оf іnvеѕtmеnt аnd it can be even mоrе рrоfіtаblе if уоu find a brоkеr thаt offers hіghеr returns and рауоutѕ. Rеturnѕ uѕuаllу rаngе frоm 60% to around 80%. Chооѕіng a broker wіth a higher return mау nоt аlwауѕ be thе right орtіоn. Thеrе аrе mаnу factors thаt mаkе a gооd bіnаrу options broker, ѕо mаkе sure уоu choose the rіght оnе fоr your nееdѕ.
Choosing Binary Options Brokers whо can рrоvіdе уоu with a wіdе vаrіеtу of in-depth fіnаnсіаl tools to hеlр уоu аnаlуzе thе financial mаrkеtѕ аnd есоnоmіс сlіmаtе іѕ a wіѕе сhоісе.
Fоllоwіng уоur gut саn аlmоѕt аlwауѕ lеаd tо mіѕtаkеѕ and lоѕѕеѕ. Tесhnісаl аnаlуѕіѕ of thе markets tо find раttеrnѕ аnd ѕсеnаrіоѕ is a much better way to minimize your rіѕk. Tор brоkеrѕ рrоvіdе tools that include: lіvе ѕtосkѕ, соmmоdіtіеѕ, іndісеѕ аnd сurrеnсу data as wеll аѕ есоnоmіс саlеndаrѕ whісh can hеlр уоu wіth уоur trаdіng ѕtrаtеgіеѕ аnd ѕсhеdulіng уоur trаdеѕ tо mаxіmіzе уоur rеturnѕ.
No mаttеr whаt уоu dо оnlіnе іf іtѕ buуіng products, uѕіng services or trаdіng binary options уоu wіll wаnt tо knоw thаt there are соmреtеnt, knоwlеdgеаblе ѕtаff accessible whеn уоu nееd thеm. Thе top binary brоkеrѕ know thаt сuѕtоmеr ѕuрроrt should be second tо none and will offer a variety of wауѕ tо соntасt thеm іnсludіng Lіvе Chat, Phоnе, Skype, Cаll Back аnd Email. Having a choice оf уоur соntасt орtіоnѕ means thаt уоu can fееl соmfоrtаblе talking tо someone however уоu wаnt. Thе lеvеl of ѕuрроrt does dіffеr bеtwееn brоkеrѕ ѕо bе sure tо make this оnе оn уоur checklist when dесіdіng оn уоur рrеfеrrеd bіnаrу options broker.
Security, рrіvасу and ease оf uѕе should bе a рrіоrіtу whеn іt comes to сhооѕіng a Binary Options Brokers. Yоu want to bе аblе tо dероѕіt ԛuісklу so that you саn get trаdіng straight away аnd not wоrrу аbоut whеthеr уоur dеtаіlѕ аrе ѕаfе. You can ѕесurе уоur fіnаnсіаl details further bу ѕіgnіng up tо аn E-Wallet like Skrill (MоnеуBооkеrѕ) оr PayPal and uѕе that for most brоkеr ассоuntѕ. (Bе ѕurе to сhесk thаt your preferred brokers ассерt them fіrѕt). Being able to wіthdrаw mоnеу frоm your account іѕ аlwауѕ a рrіоrіtу, so be sure to check any specific details that the brоkеrѕ dеfіnе lіkе рrосеѕѕіng аnd payment time frames аѕ thеѕе саn dіffеr per рауmеnt mеthоd and brоkеr.
There are many things to lооk fоr іn a good brоkеr, thеѕе are ѕоmе of thе mоrе іmроrtаnt орtіоnѕ уоu ѕhоuld consider. A gооd broker wоrkѕ for уоu, not аgаіnѕt уоu аnd is іn the business оf mаkіng mоnеу, bоth for уоu and fоr thеmѕеlvеѕ.
Recommended Binary Options Brokers in the US
There are two major regulatory bodies for all forex and binary options brokers in the United States Currently. The two bodies are The National Futures Association (NFA) and The Commodity Future Trading Commission. According to current laws, accepting investors based in the United States is allowed. However, in the event of any dispute between the broker and a trader, either forex or binary, the broker would be liable to prosecution. Within the last few years, most of such prosecutions ended with the broker being fined heftily and penalized.
Due to this, the categories of brokers that accept US- based investors can be grouped into two distinct categories. The two groups are mainly the offshore brokers who are not regulated by any of the regulating bodies in the US and brokers that are duly registered and regulated by the two regulating bodies in the U.S.A.
Most, if not all US binary options brokerage firm who accept traders in the US have trading platforms that can be regarded as faultless. The US regulators ensure that all binary options brokers are well monitored in terms of service rendered. However, you are advised to do your own research on any broker before trading with them. To make this process a lot easier for you, we have taken it upon ourselves to do thorough research on all brokers within our orbit. We can, therefore, say the brokers in our recommended list have been researched, tried and verified and found to be genuine and effective.
Recommended Binary Options Brokers in the United Kingdom
Regarding forex and binary options trading, UK based traders enjoy two main benefits: UK residents are allowed to trade with virtually any brokerage platform without the usual regional restrictions. Also, UK investors can also choose to invest with brokers who are regulated by the Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC), the two major regulatory agencies in the UK. This two are also the most predominant licenses for Binary options brokers. It is, therefore, advisable to choose a broker that is regulated within EU.
Though traders in the United Kingdom have the freedom to choose any broker that catches their fancy, including unregulated and offshore regulated brokers, it is important that all traders invest a considerable amount of time researching their preferred broker before trading with them.
Recommended Binary Options Brokers in Australia
Binary options is an incredibly popular investment instrument with Australian investors and it seems to be growing in popularity as time goes by. Binary options is not illegal or banned in Australia and brokerage platforms in and out of Australia can offer their services to Australian investors.
The increase in popularity and demand of financial investment vehicles like forex and binary options has led to the formation of an Australian regulatory body known as the Australian Security and investment Commission (ASIC). Due to the fact that binary options and forex trading are not illegal in Australia, brokers in Australia and other parts of the world can offer their services to Australian-based investors or traders.
There are currently many brokers in the country. Most of them are offshore regulated while other are licensed and approved by ASIC. All the Australian brokers on our list have been verified
Binary Options in Canada
Currently, there is no regulatory body for the entire country, though online trading is legal. Unlike most other countries, each of the 10 Canadian provinces has its own forex and binary options trading regulatory agency. One of the most visible regulatory body in the country is the (IIROC) Investment Industry Regulatory Organization of Canada. Although the agency has the power to formulate and enforce laws in the Canadian financial market and securities, its power does not extend to the online trading arena.
We have done through research and verification of all the brokerage platform currently operating in Canada. This list provided here includes brokers offering convenient banking support services for online traders in Canada.
Binary Options Brokers in Europe
Investors in Europe are some of the most fortunate traders across the globe when it comes to forex and binary options trading. (CySEC) Cyprus Security and Exchange Commission ranks as one of the most popular regulatory bodies in Europe. This agency is saddled with the responsibility of enforcing a strict regulatory process which also includes (MiFID) Markets in Financial Instrument Directive. European Binary options brokerage platforms that are licensed by CySEC can duly accept any online trader from member states, within the jurisdiction of the European Economic Area. Also, CySEC is the major regulatory body for binary options brokers.
Traders in Europe can also elect to trade with offshore Forex and binary options brokers. This leaves European investors with multitudes of options when it comes to both offline and online forex and binary options trading. You, however, still need to do your research on any given broker before electing to trade with them. We have, however, provided an extensive list of trusted and verified brokers for European Union member countries.
Recommended Binary Options Brokers in India
In India, you are allowed to work with broker and trade absolutely any type of binary options you wish. This means you can trade with any of our top rated brokers. Having such a wide range of options is really a blessing, but can also become too overwhelming when you are deciding on the best brokers to trade with.
So what are the criteria you need to take into consideration? The Security and Exchange Board of India is the main regulatory body in India. However, due to the fact that most of the top rated brokers are based in Europe and North America, it is hard to find a good broker licensed by this agency.
Most investors from India choose brokerage firms from the European Union member countries- like Cyprus. The Cyprus Security and Exchange Commission (CySEC) issues licenses to most of our top rated brokers that traders from India tend to use. One major issue with India investors is the high minimum deposit requirement of most of our recommended brokers. Most of our recommended brokers have a minimum deposit of $250. Though other with lower minimum deposit exist, all you need to do is do some research to find them.
Recommended Binary Options Brokers in Dubai, UAE
The United Arab Emirate Financial market has enormous potentials for all binary options investors. Founded in 2000, it has 57 companies listed with majority of them based in Dubai. DFSA (Dubai Financial Services Authority) is the institution saddled with the task of monitoring the Dubai International Finance Center. The other parts of the United Arab Emirate are regulated by various authorities. The Central Bank of UAE, the Ministry of Economy and Planning and the Emirate Securities and Commodities Authority are some of the popular ones.
Binary options brokers from this region are attractive to investors because of some certain reason. First, the floatation of the UAE financial market over the past few years is a huge plus for risky traders, contrary to what some may believe. The UAE is the perfect place for experienced investors who are ready to take advantage of this extraordinary market situation.
Though there is a possibility of making huge profit here, experts recommend getting into the forex and binary options market while the conditions are still favorable. Second, this market allows weekend trading. While all other financial markets are open from Monday to Friday, the Dubai Security Exchange is opened from Sunday through Thursday.
This is a good opportunity for those who prefer to trade in our free time. Dubai and the whole of the United Arab Emirate is fast expanding and becoming an attractive financial market. Many expert investors have already moved in and have started benefiting from this economy with binary options.
Recommended Binary Options Brokers in South Africa
Binary options is an extremely popular financial instrument in South Africa currently. The interest in binary options only picked up a few years ago and before then, there was no any specific regulatory body or law for binary options brokerage firm in the country. However, the Financial Service Board is now responsible for regulating the South African financial market, which includes binary options. Also, the FSB has a specially designated task force known as The Financial Advisory and Intermediary Service Agency which is saddled with the responsibility of assuring quality binary options trading in the country.
It is important to pay attention to regulations when looking for top rated brokers. However, regardless of the country of origin of the broker, you should be able to able to get the necessary benefit from them. This is the reason investors should consider brokers licensed with the European Union with proven track record. There are some reputable brokerage firms operating in the country as well.
Recommended Binary Options Brokers in New Zealand
Although New Zealand is a relatively small, the size of the country has no impact on the level of interest and quality of binary options investment going on in this region. New Zealand traders are becoming increasingly interested in the different opportunities binary options trading has to offer. It is, however, important to educate yourself on what to look out for before choosing a broker and trading. This is particularly true because binary options is relatively new in this country and things can get tricky sometimes.
One of the most important things to look out for is regulation. Luckily, New Zealand is still ahead of many countries that are still without regulatory institutions to help traders navigate the financial market. In New Zealand, The Financial Market Authority is the recognized body responsible for regulating the financial market and binary options trading. They have specific standards that brokers must adhere to in order to continue operating in the country. All brokers are mandated to function effectively and fulfill the licensing conditions imposed by the Financial Market Authority. This regulatory institution undertakes periodic evaluations of brokers to ensure they don’t pose threat to customers or state funds.
Traders are often faced with limited choice of brokers since binary options is relatively new in the country. For those whose intention is to trade with brokers within the country, you can always be sure of a licensed broker. On the other hand, traders who are willing to trade with brokerage firm from abroad also have an excellent range of top rated brokers from the EU and the UK to choose from.
Recommended Binary Options Brokers in the Philippines
To become a very successful binary options investor, you must carefully evaluate your threat and opportunities. That also includes selecting a licensed broker to deal with. The agency responsible for licensing and regulating the financial market in the Philippines is called Security and Exchange Commission of the Philippines. They make sure all the financial trading activities in the country are legal and in the best interest of the citizens and the country.
While there are a couple of Philippines based and regulated brokers currently in the country, traders can expand their search for licensed brokers to other countries and jurisdictions. Licensing and regulatory agency like Cyprus Securities and Exchange Commission and Financial Conduct Authority in the UK are prime locations. Brokers from this jurisdictions have earned excellent reputation and conduct all over the world. Fortunately, they accept investors from the Philippines.
Recommended Binary Options Brokers in Malaysia
Binary options trading is extremely popular in Malaysia. There are currently two regulatory agencies responsible for licensing binary options brokers in Malaysia. The Bank of Negara Malaysia is one while the other is the Security Commission of Malaysia. However, there are currently no licensed binary options brokers currently based in Australia.
This is mainly due to the fact that at this point in time, Australia and Europe are the primary focus of the binary options market. Though this has not prevented Malaysian nationals from trading binary options with ASIC and CySEC regulated and licensed brokers.
Recommended Binary Options Brokers in RUSSIA
Russia is becoming a force to reckon with in the world of binary options trading. However, the economic sanctions placed on them by the European Union and the US has created some new development. We would try to discuss the rise binary options on Russia and how the sanctions have affected (or not) the financial market.
Trading binary options in Russia is completely legal and citizens are therefore allowed to do so. Investors in Russia have two main options for Binary options brokers:
- Trading with local binary options brokers
- Trading with offshore brokers regulated in other countries.
Russia Binary Options Trading Laws
Binary options trading is a serious form of financial investment in Russia. However, this is currently no official binary options regulations in Russia. Many wealthy Russians residents have chosen to invest in offshore companies and binary options is not an exception. The major issue that comes out of this situation is that fact that offshore investments are out of the scope of the Russian government tax laws and regulations.
The recent increase in Russian capital export is an indication that most of those who invest in binary options would rather deal with offshore binary options brokers than invest in the few companies that trade binary options in Russia. A good number of Russian binary options brokers have already noticed this trend and are now looking to get registered and licensed elsewhere.
Due to the investment friendly persona and the low-tax rates, Cyprus comes as the most preferred location for most of the binary options brokers from Russia.
For instance, Dragon Options is a CySEC licensed Russian binary options brokers with an estimated $31 billion Russian investment funds in various bank account in Cyprus. You can confidently come to the conclusion that some of these funds are binary options investments.
There is also some limitation to the amount of money that foreign investors who want to invest in binary options in Russia can send in foreign currency deposit. Currently, bank transfers from some foreign banks or countries are considered illegal under the prevailing economic sanctions or under Russian law.
Here is the highlight of Binary options trading in Russia
- Binary options trading is legal in Russia
- Binary options brokers are not regulated in Russia
- Cyprus is the preferred destination for Russian based binary options brokers
- Binary options trading in Russia is subject to taxation under Russian law
- The Economic sanctions on Russian is currently s threat to Russia investors.
Implication for Binary Options Trading in Russia
One major source of concern for binary options investors in Russia is the effect of the economic sanctions on their investment. A lot of sanctions has been placed on Russian businesses and this has had a huge impact when dealing with western banks. It has also restricted access to a lot of foreign market for Russian residents.
For instant, it is going to be quite difficult for Russian residents to invest in binary options with those American-based corporations that provide services for oversea traders. It is also going to be very challenging for Russian citizens to trade with core EU binary options trading platforms. Cyprus-based platforms are luckily exempted from this situation; however, there is no guarantee that this situation will remain the same in the future.
As part of the 2013 bailout to redeem the government of Cyprus from Bankruptcy, the second biggest financial institution in Cyprus, the Laiki Bank, was closed. Those with account totaling 100,000 Euros and above were shut down and their funds were expropriated by the Cyprus government. Any pending debts were largely transferred to the Bank of Cyprus, which then proceed to exploit a very large portion of those previously mentioned accounts, as well as some other accounts harboring over 1 million Euros. Unfortunately, most of those accounts were owned by Russian investors.
Russian Investors are left with the following options
- Holding those accounts with locally based binary options brokers, thus subjecting those funds to the tax dragnet
- Maintain trading account with offshore brokers which come with the risk of more sanctions
Due to these crippling economic sanctions and the continued fall in oil prices, the Russian government is at the point of major crises. At this point, there will be need for an increase in taxation or a broader taxation scheme that will possibly target binary options trading investments.
With the unpleasant reality of a depreciating currency, as a result of the sanctions, Russian binary options investors are in a huge dilemma. In this dire situation, there is a tendency to rush to change the Russian currency to a more stable foreign one like the US dollars. The government is then likely to impose strict limitation to the amount of foreign currency a Russian resident is allowed to purchase or have in his or her bank account. This is defiantly not a pleasant situation for all those involved.
The Future of Binary Trading Laws in Russia
A lot of tough decisions await binary options investors in Russian, heading into the future. The decrease in the value of the Rubble means Russian investors will have to pay higher rates to setup accounts with offshore brokers. These kinds of trades will also have to be executed with caution as the selection of brokers and licensing jurisdiction would need to be deeply considered and evaluated.
Already, there is an incredibly rush for Euros and US dollars in Russia as many Russian moves to secure their funds. It will definitely be beneficial for Russian residents who wish to trade binary options to consider brokers in jurisdiction that is not under the EU AND US. Their investment will be far more secured in those countries than in the EU. Countries and jurisdiction Russian investors can look to for binary options investment includes Australia and Australian Security and Investment Commission (ASIC) licensed brokers. This is due to the fact that the Australian Security and Investment Commission (ASIC) is not under the jurisdiction of the EU or the US. Other countries to consider includes New Zealand, Dubai, India and South Africa.
Tips for Comparing and Selecting a Binary Options Trading Broker
The binary options trading world presents a lot of exciting opportunities and they can best be enjoyed with the guidance of a good binary options broker. Selecting a binary options broker that suit your specific trading needs can be daunting and challenging experience but it is certainly a necessary one. Brokers are best positioned to help traders perform better when trading and advice them on how to get the best return on investment.
There are lots of binary options brokers who are keen to assists you as a client. However, it is crucial to remember that selecting a broker is a detailed process and it is important to find a broker that is capable of performing all the necessary trading routines. We have listed some helpful tips to simplify the process and help you find the most suitable broker for your trading needs below.
Deposit Bonus: Many brokers give new clients a deposit bonus and it varies from broker to broker. It is important to look at how much bonus they give for first deposit and redeposit.
Payout: Payout varies when it comes to binary options trading. Many brokers present variable options that allow traders to exit options before the expiration date. Also, some brokers allow payout as great as ninety-one percent for every trade. The ultimate aim of most binary options traders is to make profits and with a great binary options broker, success is within their grasp. In addition to payout, it is important to look for the following qualities too:
– High Bonus
– Outstanding Customer Support
– Divers Payment Options
Withdrawal and Deposit Options: Different brokers have different means of withdrawing and depositing money. It is important you look out for the one that suits your needs in this area.
Types of Stock Options and Warrant Closing Time: it is crucial to look for a broker that meets your need perfectly in this area. Different brokers have different stock options and warrants closing time.
Minimum Deposit: All binary options brokerage platform requires different amount for minimum deposit. It is imperative to look for a broker that falls within your means.
Trading Tools: Some binary options brokerage platform may have automatic trading and trading signals while most other does not. Select a broker that incorporates your preferred trading tools into their platform.
Demo Account: Demo account is a most have for any binary options brokers. Most traders, especially the first time investors need demo account to gain experience and try out their strategies before they go into the actual trading.
Customer Service: It is crucial to find out the efficiency of the broker’s customer service. A good customer service will help you avoid a lot of mistakes a put you on the path to successfully making money in binary options trading.
Simple User Interface: A good binary options broker should offer a professional structured and dependable program with a simplified user interface. This is necessary to maximize effort and time for the user. The best binary options brokerage platforms deploy a web based programs with very simple, interactive and intuitive controls.
Multiple asset Investment: The main benefit of a professional program and software is that it doesn’t restrict investing. The best binary options brokers provide the means for investors to make multiple investments in various assets like commodities, forex, and stock. This is needed to increase the profit margin.
Expiry Date Info: The most reliable brokers offers expiry dates on weekly basis while offering some hourly and daily options as well. The best trade control is achievable only when maximum expiry details exist.
Payout Percentage: The best and most reliable brokers offer clients maximum payout percentage. It is important that you look out for brokerage platforms that present 75 to 91 percent payout for successful trades and 5 to 10 percent returns for even the unsuccessful ones.
Multiple Languages: Global trading options makes it highly beneficial to have multiple languages and therefore most platforms are calibrated to support all major language spectrums. The very good platforms will make it a duty to support as many languages as possible.
Though most of the trading platforms have a lot in common, their trading operation may differ in terms of initial deposit, bonus, maximum payout, customer service, time of trading and most importantly deposit and withdrawal method. You will also find brokerage platforms which give back to the investor a stipulated percentage of their investment on a losing trade. It is, therefore, crucial to research the mode of operation of a particular trading platform before deciding on using it. It is also profitable to use binary options robot.
Basics of Binary Options Trading
Binary options offer a wide variety of trading assets including currency pairs, indices, stocks, and commodities. You are therefore not limited to one type of asset only with all these options, which open up an exciting world of trading for you. You now have the means to trade foreign currency, gold, silver and even Apple stock from the same trading platform. You really do not have to move back and forth between various brokers in order to trade internationally.
The exciting thing is that most of the top binary options brokerage platforms allow investors to utilize their trading platforms without any problem and offers a wide variety of stock and indices from all around the world. Also, all the trading can be executed on the same platform without the need to switch between multiple systems or screens. The best binary options brokerage platforms are essentially a one-stop solution for all your trading needs.
How Long Does an Average Trade Last?
When trading binary options, it is important that you are aware that every trade has a strict time frame that you need to adhere to. They, however, vary in length and can be 60 seconds or much longer. You have the option of choosing the time frame that perfectly suits your lifestyle and trading strategy. If you a short time trader, 5 minutes or 60 seconds may be ideal for you. Long-term traders can go as far as 60 minutes or longer.
One of the major things to remember regarding expiry is that you are allowed to change them until you make a commitment on that particular trade. One you have authorized and executed a particular trade, you simply have to sit back and wait until it is completed. This is quite different from other financial trading systems where you can sell your accumulated shares at any point in the trade. Though there are some binary options brokers that let you sell your trade for a minimal refund, it is a rare situation for experienced investors.
Most Common Types of Binary Options
Three major types of trades exist in binary options.
Call/put Options: This is the type of binary options trade where you simply have to predict the direction of a particular asset by the expiry time. This means that you will need to forecast whether the price of a certain asset will fall or rise with a certain timeframe.
One-Touch Trade: These are trades where you are issued a target price from the commencement of the trade. If the selected asset reaches the set price within the specified time frame, then you win the trade. This price is determined by your broker well before you execute the trade so you will have adequate time to prepare and research in advance.
Boundary Trade: This is the type of binary options trade where the broker will issue a variety of price range and you must determine if the price of the asset in question will remain in the given price range of all outside of the range.
All of these binary options trade types offer a few variations and the more exotic the variation the substantial the payout. Some exotic variations often have payout as high as 300 percent. A typical example of this is one touch trades that comes with uncommon target rate. In order to achieve this kind of substantial payout, you have to aim for the option that is the hardest to reach.
The Type of Binary Options to Choose
It is entirely up to you to determine the asset that suits your trading strategies the most. To do that, you will first need to evaluate the level of you experience and expertise. Do you have a considerable amount of experience and expertise forex market and are looking for a new but profitable means to trade in the financial market? If this is true for you, then you will easily be able to deploy your forex trading strategies to the binary options market. Also, if you are an expert in day trading and you are looking for ways to rid yourself of the risk involved in day trading, then binary options can be of a great benefit to you as you can focus on those assets that you are familiar with.
In all, the most important factor that should ultimately drive your choice of trading is your personal goals. You should first determine your goal and then craft a plan to achieve these goals. For instance, you want to make $1000 within a week; then you will need to determine the options that can help you reach this goal as well as the time frame.
The answer to these questions differs for every trader. However, it is essential that you go for quality trades instead of quantity. Six successful hourly trades will surely yield a high return on investment than seven winning and five losing trades. Take the time to do adequate research and consider your options and possible outcomes before opening a trading position in order to end up with more profitable results.
We have included an abridged version of reviews of the best binary options brokers currently in the market. You can view the unabridged version of the reviews on each brokers review page which is accessible from the top of this page.
IQoption Broker Review
IQoption is a unique binary options trading brokerage firm in many ways. Their account is a bit different from other brokers and they have a user-centric and highly customized trading platform. All the features of this platform are made available as soon as the minimum deposit is made. In our assessment, all of the feature on this platform are positive as trading with IQoption is an exciting experience that is made possible through innovative features, highly advanced trading tool, and impeccable customer service. After meticulously reviewing IQoptions, we can boldly recommend this broker to our readers.
- Minimum Deposit of only $10
- Free Demo Account
- Regafi, CNMV, FCA, CySEC and Consob regulated
IQoptions Special Features
The fact that IQoptions offers some really unique features has already been stated. It is also worth mentioning that IQoptions were the first to offer their demo account completely free of charge. Also, they increased their basic maximum profit returns to 85 percent and decreased the minimum trading deposit to just $10, making them one of the best in the market in this categories. They also offer a lot of other innovative features that traders can get access to with very low deposit amount.
For those who are new to the binary trading world, IQoptions offer a good platform with their low deposit and free demo trading account. Risk-averse traders can also feel at easy utilizing this platform.
IQoptions offers traders three different account options. Normally, all of these options do require a minimum deposit to unlock the additional returns. However, they offer these options at an incredibly low rate that an average trader can easily achieve a VIP status after depositing just $3000. This platform is extremely user-friendly with a very robust customer education program.
You can start your trading experience with IQoptions by opening the free demo account which is a demonstration of their starter or basic account package. We would start our review from this account level as it does not require any deposit and the signup procedure is extremely easy.
A demo account is usually just a startup feature offered only on account that paid deposit is required. However, with IQoptions, it is a free-standing feature that contains the following.
- Ability to try out the trading platform
- $100 virtual trading funds
- No risk
To quickly and easily create an account, all you need to do is signup through Facebook or Google+. You will promptly receive an activation email after signup. However, the email link could be invalid and you will need to login in manually using the password and email provided in the email.
IQoption Real Account
- Access to all asset
- Access to trading competition
- $10 Initial Deposit
IQoption VIP account
- Access to personal Account Manager
- Speedy Withdrawal Process
- Access to periodic meeting with financial analyst to discuss current trading strategies
- Accessible after $3000 deposit
Building a successful career in binary options trading is a lot cheaper and more convenient with IQoptions. We assure our reader that IQoptions is great trading platforms that will make all investor feel at easy.
Traders have access to incredible web-based and highly interactive educational programs in addition to the various services offered in their account. It is worth mentioning that all the services and features are offered in multiple languages that include Turkish, Polish, Japanese, English and French. IQoptions offers their services in over 13 languages.
As a forward-looking platform, IQoption has received several awards for their innovative and exceptional efforts. Recently, they were awarded “The Most Innovative Binary Options Broker” award at the ShowFX conference in Russia.
Here is some more information on IQoption
- Min. Deposit -$10
- Min. Investment- $1
- Max Investment- $5000
- Max Return- $85 percent
IQoption Trading software
IQoption offers an outstanding overall trading experience with the IQoption software system. As a customer centric binary options trading platform, this platform is regularly updated in order to provide the ultimate trading experience for all investors.
The current version of the IQoption software is 4.0. It is well known that we place a great deal of emphasis on ‘whole package trading system’ and IQoption offers this and beyond. This is just one of the many features offered by the system.
At the point of login, investors are redirected to the trading platform on which lots of additional useful tools and materials are made available on the left-hand side of the menu. There is a navigational panel on the right-hand side of the menu on which the user can get quality trade insight. The center of the trading platform page contains an enormously graphical and visual tool that displays the most current trading statistics.
Investors have the options of choosing between 2 binary options types on the left-hand side of the page. The number of open positions for each is conspicuously displayed in a small bubble. The graph and move control functions independently of each other so it may require some time and effort to master how to maneuver the graph controls.
Additionally, the withdrawal and deposit control are available on the interface. Their position on the interface is very easy to locate which eliminate the need to communicate the customer support very frequently.
At the bottom of the trading interface is a list of real-time trades that are being executed by other registered investors. This tool is enormously useful in determining the direction of the market without aggregating the sentiment.
IQoption also offers a mobile trading platform for those who are constantly on the move. The mobile app is free to download on both Android and IOS operating systems. The only downside of the mobile trading platform is the fact that it offers only high/low and turbo trading options. They also don’t offer any special options with incredibly high returns on the mobile app.
Note: Canadian residents currently do not have access to the wed-based IQoption platform; however, they are able to trade using the mobile app. Asset available on IQoption varies considerably and includes indices, currencies, stocks and assets. There is enough variety for experienced traders who wish to diversify their portfolio.
Expiry Time Frame:
- End of day
- 1 hr
- 15 min
- 5 min
- 2 min
- 60 sec
- 60 seconds
Mobile App: Yes
Demo Account: Yes
IQoption Support information
IQoption support system may be a little bit unfamiliar with what some investors may have experienced on other binary options brokerage platforms.VIP account investors are afforded a personal account manager who is responsible for assisting with any issue at any point in time. To contact customer care, demo account users would need to upgrade to a real account, though the system provides a phone support option which can also be used by demo account users. It is also possible to contact staff through email, Skype and live chat. The FAQ section is very informative and can offer answers to a great deal of questions about services and policies.
Live Chat is available in the following languages:
IQoption Banking Information
Banking with IQoption is one of the easiest in the industry. Every single process including payment choices, deposit and withdrawal are easily available through the same interface that is available immediately after logging in the account.
The deposit process is straight. There are lists detailing amount available for deposit and corresponding account type as previously stated. The withdrawal process is equally straightforward which can be completed with few clicks. Investors are just required to select the withdrawal method and amount and then submit their request.
The maximum waiting time for those with real IQoption account is 3 days. VIP investors can get their funds within 24 hours. Credit card, Qiwi, Yandex, WebMoney and wire transfer can be used to receive funds during withdrawals.
Though deposits are generally free, withdrawals may sometimes incur around $5 for credit card withdrawal and as high as $50 for wire transfers. The minimum amount withdrawal is $10. Investors can track their transaction, operation history and trading in their control panel.
The company behind this brokerage firm, IQ Options Europe Ltd is a popular company with a flawless reputation. They are also associated with FMRRC, FCA, Regafi, and Consob, in addition to being licensed by CySEC.
Banc De Binary Review
Founded in 2008, Banc de Binary is among the oldest binary options brokerage firms in existence. Owned, operated and controlled by Banc De Binary Ltd, Banc de Binary is regulated by CySEC (Cyprus Securities and Exchange Commission) and The Exchange Commission since 2013 under license number 188/13.
Located on 4, Profitilia Street, Kanika International Business Center, Limassol, Cyprus and registered with the Financial Conduct Authority, Banc de Binary is governed by some other regulatory bodies of other countries.
To avoid any unnecessary confusion, it is crucial to emphasis the fact that this broker operates two websites. Baccdebinary.com is operated under the authority of Ash Ltd and its affiliates, registered under domain 204033843, located on Sofia 1463, Sofia District, Bulgaria. Their trading address is Stoney Ground, P.O.Box 1823, VC-100 Kingstown, Saint Vincent, Grenadyny.
This website (bancdebinary.com) is available for folks outside the jurisdiction of the European Union. The services of this website is, however, not available for residents of Canada, USA, New Zealand and Australia. Eu.bancdebinary.com on the other hand, is operated by Banc De Binary Ltd and caters for residents within the European Union and beyond. Your location would determine which of the two websites you are most likely to use. The details of the two websites are basically the same.
Is Banc de Binary a Scam?
While most other binary options brokerage firms are being regulated by CySEC, Banc de Binary has moved a step further by recently registering with FCA. This moved is geared towards recognition in European Subsidiaries. There have been some report in the past about the fact the Banc de Binary is having some challenges with the US Authorities.
The issue between Banc de Binary and the US authorities has since been settled and firmly put to rest now. Apart from been regulated by different financial regulatory authorities, Banc de Binary has also partnered with Liverpool Football Club in the United Kingdom.
With that said, the amount of complaint about Banc de Binary regarding loss of clients’ funds and aggressive sales tactics are overwhelming and can therefore not be ignored. This makes directly answering the question “is Banc de Binary a scam’’ a little bit difficult. The answer to this question depends a lot on who you ask and how you ask it.
Regulatory bodies like CySEC and FCA seem to have no issue with this brokerage firm. Renowned corporate entities like Liverpool Football Club also have no reason not to do business with Banc de Binary. As stated above, the issue with the authorities in the United States has also been settled. So it becomes abundantly clear that Banc de Binary is not a scam. In fact, they are one of the most reliable binary options brokerage firm currently in the business.
Is it Worth It to Open Account with Banc de Binary?
The first impression you will get about Banc de Binary website is the fact that it is well organized. They avoided squeezing too much information together on one page.
My first impression of the Banc de Binary website is that it is quite organized and easy to use; not too much information squeezed together on one page. A further scrutiny of their website reveals a user-friendly interface and an array of features for newbie and experienced traders alike. There is absolutely no need to download any software as all features can easily be accessed online, through the web platform. Banc de Binary trading platforms support One Touch, 60 seconds trading, functional options builder, and other features.
They also have an average return payout of between 70 and 91 percent for ‘in the money options.’ A 91 percent payout return is, however, very few and far in-between. The platforms average payout return seems to be a steady 72 percent which is quite common for binary options brokers.
Like most high profile binary options brokerage firms, Banc de Binary offers different account types. This means that you can and will acquire more benefits and upgrades as you deposit more funds. The lowest account in the hierarchy is the bronze account, which comes with an initial deposit of 250 EUR. The next account in the hierarchy is Silver account and this is achievable after a minimum deposit of 2500 EUR. The highest account upgrade is Gold account and this comes after a minimum deposit of 5000 EUR.
As soon as your deposit exceeds $100000, you will be accorded a VIP treatment. You will get a personal assistant to help you place calls, book appointment, place order for online gifts and a host of their miscellaneous chores. You can also get assistance if you need access to any guest list or ticket to an event that is already sold out. This seems very tempting, but the truth is not everyone would have the means to invest $100000 in binary options trading.
The bottom-line is Banc de Binary is basing their clientele on high rollers (those who spend a lot of money) as the benefits of being a regular trader on Banc de Binary isn’t that appealing, especially if you compare it with other high profile brokers. If you have the means to invest between $10000 to $100000 on binary options, then Banc de Binary is an excellent option. For average traders, this platform isn’t that appealing.
Banc De Binary Complaints
As an information portal, we are constantly on the lookout for fraud alerts or scams and complaints regarding binary options auto bots and brokers. We do this performing simple online search like the one you could easily and quickly do on your computer.
We, however, did not find many complaints about Banc de Binary during our search. We always advise our readers to be careful when choosing a binary options broker and only trade with recommended brokers on this website.
Banc De Binary Bonus
Recently Banc de Binary has altered the structure of their bonus and it is now totally at the discretion of the Account Executive. Bonuses still go as high as 100 percent and new traders are allowed to take advantage of them.
However, the bonus turnover guideline is currently not available on their website, making it impossible to know the amount you need to trade before you are allowed to make a withdrawal after claiming the bonus.
This website is of the opinion that large bonus creates more problems than real benefits. The major reason is because you are unable to claim the bonus until you reach the stipulated turnover amount. This definitely means that the higher the bonus the more the trading turnover needed to make a withdrawal. The upside of this is the fact that investors are not required to accept the bonus. Currently, only Gold account holders are allowed to claim the 100 percent bonus offer.
Banc De Binary Withdrawal
The lowest amount you can withdraw on Banc de Binary platform is 100 USD/EUR/GBP. The withdrawal is usually processed within 5 working days but it can sometimes take longer depending on the withdrawal method. Though Banc de Binary does not charge any fee for withdrawal, users’ bank or third party payment services may have their own fees. You can process withdrawal through Credit/Debit cards, Wire Transfer, Skrill and a host of other payment methods.
The average timeframe for withdrawals is within 7 business days. Other factors and withdrawal methods can either shorten it or elongate it. Bank transfer takes between 2 to 7 business days while credit/debit and Skrill payments may be executed with 5 days.
Banc De Binary Extras
Banc de Binary offers a very inspiring feature call Free ZuluTrade. This feature is a social trading platform on which you can follow expert investors in reference to their Zulu Rank and loss/profit margin.
Banc De Binary Features
User Friendliness: This binary options brokerage firm offers their website in 10 languages. They are running a Spot Option 2.0 platform that is extremely user-friendly. The only downside of this platform is the fact that they try to cramp a lot of information into one spot.
Numbers of assets and expiry times:
As one of the best binary options brokerage platform in the market, Banc de Binary offers a great variety of trading asset that includes 8 commodities, 25 currency pairs, 97 stocks and 23 indices. The numbers of assets on offer keeps increasing. Like most top rated brokers, Banc de Binary utilizes the standard expiry time which includes 60 Seconds trading, One Touch, and Option Builder. Option Builder generally allows investors to choose their own expiry time.
Recently, they introduce a new asset category called “SYNTHETIC” which offers about 13 pairs. In this case, you can pick indices vs another indices, stock vs another stock, commodity vs another commodity. This kind of trading is called “pairs trading’’.
Commissions, Support, and Effective Return:
Though this broker does not charge for withdrawals or deposits, there, however, could be some cost that traders may incur with withdrawal methods like Wire Bank Transfer. While their customer service is very helpful and polite, they need improvement on their response time.
According to information from their website, Banc de Binary return rate can reach a high point of 91 percent. But like we previously stated, this is not usually the case and is very rare. Their average is around 72 percent, while some asset can reach 82 percent.
Deposits, Payments, and Bonuses:
Like we stated above, the minimum deposit for Banc de Binary is $250 which can be made via Skrill, Credit/Debit Card and Wire Transfer. Withdrawals are executed through the same source as the deposits. Their bonus structure was recently restructured. While the 100 percent bonus option is still available, it can only be claimed or determined by the users’ account executive. The mandatory turnover amount to make withdrawals after claiming the bonus is not listed on the website so we can assume that this is also determined by the users Account Executive. It is important to note that users have the right to accept or reject the bonus.
In our opinion, the educational materials currently on offer on the Banc de Binary website are a bit complex than what is available on other trading platforms. They also provide a link to ZuluTrade, a popular platform for social trading. Banc de Binary trading software is now offering the ability to change time- frames as well as candlestick charts.
Finpari is owned by two companies: Norsk Inter LP, which is Scotland registered and Lenora Impex SA, registered in Seychelles. FinPari is not regulated by any governing bodies such as CySEC.
Is Finpari A Scam?
At this moment, there is no concrete evidence that Finpari is a fraudulent broker. We currently have not heard any complaints about the broker. So we can safely assume that Finpari is a legitimate binary options broker.
Due to the fact that they run their web- based trading on the Spot Option platform, their services are dependable and user-friendly. They offer a lot of good features for both experienced and new traders. Due to the fact that they are based in Seychelles, they can and are willing to accept investors from virtually any country making it one of the best brokerage firms for international investors.
Is it recommended to open an Account with Finpari?
It is totally normal for traders to sign up with Finpari as many binary options brokers prefer to register in countries like Seychelles because of the fact that they are banking friendly and their rules and standards are not as strict as the one in CySEC and other highly regulated jurisdiction. Though this can be a warning sign of a fraudulent binary options broker, we currently have no reason to suspect that Finpari is one. They appear to be just another binary options broker out to attract new traders.
Finpari offers Ladder, Spot Follow, Paris in addition to the traditional High/Low and One Touch trading. They, however, do not offer Forex trading or CFD, which is usually offered by many brokers operating on the Spot Option trading platform.
In addition to their trading features, they also offer good expiry time that includes 120, 60 and 30 seconds options. For long-term trades, they have intra-day, tomorrow, next week, end of week, end of month, end of day and a lot of other long-term trades that can go as far as 6 months. This expiry time is available on some on some of the most common assets. The ladder options trading is very similar to under/over options and offers highly increased payout and strikes. One touch options which sometimes comes with increased payout of up to 600 percent is also available during the weekend. The standard payout on put/call trades is around 80 percent.
The Fanpari trading platform is very user-friendly. This is because they are using the highly popular and effective Spot Option platform. Their platform has most the features offered on the Spot Option platform and it comes with an easy to navigate menu. However, we take issues with the fact that they presented false information about regulation and their aggressive marketing tactics.
Asset and Expiry:
This broker offers a wide range of asset as well as a long list of expiry time and a couple of other exotic trades. They, however, do not offer range but this is not too important with ladders. This is one of the downsides of trading with them as you can easily find these features somewhere else.
Support, Commission, and Effective Return:
Fanpari does not require commission; however, they have withdrawal charges for bank wire transfer. Their customer support is good but can something be aggressive when it comes to sales pressure. So you should bear that in mind. In term of education materials for investors; they still have a lot to do. It is also important to note that they have a couple of education videos that are decent. Fanpari effective return is on par with other Spot Option standard platform, which is about 600 percent for One Touch and ladder. Call/put was payout return of about 85 percent.
Bonus, Payment, and Deposit
The minimum deposit with Fanpari is the same with other high profile binary options broker; which is $250 and can be deposited through wire transfer, eWallet or Credit/Debit Cards. It is recommended that you use eWallet whenever is it possible. They accept Skrill, Neteller, and other popular eWallets. Withdrawal must be made to the same account used for deposit. Credit cards do have limits.
In terms of bonus, new investors are offered a one-time only deposit bonus of 100 percent or risk-free trading. However, the terms for the bonus are conflicting. It is stated in a section of their website that turnover deposit is only 300 percent (3*), but in another section, the turnover is up to 2000 percent (20*). Regardless of the bonus, to make a withdrawal, every deposit must be turned over at least once.
When it comes to extras, Spot Options is leading the pack. They go beyond and above when offering extras compared to the average trading platform. These extras include Ladder options which offer increased payout and a great deal of flexibility. Finpari also offers Spot Follow, which is very similar with iFollow. IFollow is basically the copy trading platform that is supported by ZuluTrade Technology and offered on SpotOption.
Founded in 2009, 24Option is a trailblazer in the binary options industry. Owned by Rodeler Ltd, 24Option is a binary options brokerage firm operating under CYSEC (Cyprus Securities and Exchange Commission). Apart from the operating under the Cyprus Securities and Exchange Commission, 24Option is also regulated by the British Financial Conduct Authority and Rodeler BaFin in Germany.
Is 24Option a Scam?
24Option is not a scam operation in any way having been regulated by CySEC and other financial institution since 2013. Any money that is exchanged with this platform is secured. Due to the fact that they are well regulated, 24Option was added to the list of ‘non scam’ binary options brokers. However, this does not in any way mean they don’t have some issues. Regulated brokers also have their cons.
Regardless of any issue, they may have, regularity reasons are not the only deciding elements that contributed to 24Option making it into the list of non-scam brokers. They have a reputation for running one of the most user-friendly interfaces in the industry and they have an efficient trading system backed by outstanding platform navigation. It is very easy to trade with 24Option and their live charts are easily accessible by simply clicking on the asset itself. For those who might be willing to further scrutinize a particular asset, all they need to do is click on the asset to open a new window with information from reliable sources like Yahoo. You really do not have to leave the website when you feel like researching.
This factors and a lot of others are the main reason 24Option is one of the leading binary options brokerage firm in the industry today. Over the years, they have made remarkable improvements which include redesigning their platform, updating and increasing the numbers of asset and staying in tune with the latest data and technological trend. They have strived to be the one of the best in the industry and the results are there for all to see.
Why We Recommend 24Option
Though there are some scam binary options brokers in the market, there are lots of others that are legit and 24Option is one of those few brokerage firms in the industry that are highly regarded. Due to their CySEC licensing, it is quite easy to dismiss any claim of fraud or underhand dealing. Their professional and interactive platform and superior customer service make them a highly renowned brokerage firm in the binary options trading marketed today.
The only downside of 24Options is the fact that the no longer cater for US residents due to the new EU regulation regarding that market. This would probably be a good news for those residing within the jurisdiction of the EU but a those residing in the United States would be highly disappointed.
Interestingly, since the company registered with Cyprus Securities and Exchange Commission, the average returns have decreased by almost 2 percent. However, the licensing itself should be good news to all investors trading with them. Despite the drop in return, 24Option still has a high return rate of about 88 percent which is still one of the highest in the industry.
Opening Account with 24Options
Since they commenced operation, 24Options has greatly improved and updated their innovative, fully web-based platform. The consistently provide investors the easiest and most important tools to help them with their trading activities. Also, 24Options have an outstanding and intuitive user-interface, as well as other excellent features. Just like we stated earlier in this review, 24Options trading platform offers users incredibly intuitive user interface, simplified navigation, and an outstanding trading experience.
One of the main reason 24Options stands out from the rest of the competition is the fact that trading assets are arranged from shortest expiry to longest (i.e.: 60 seconds expiry to end of day and beyond) on their platform. This means that when you highlight the Low/High tab, you will discover that assets are listed in a chronological order according to their expiry. The shortest expiries are listed first and the once listed at the end tend to expire at the end of the day.
Investors also have the ability to click the same tab and select the indices and stock tab with the purpose of only viewing specific assets. There are over 100 assets available in each category and they are all listed from the shortest to the longest expiry.
Overall, this platform is one of the easiest to use in the industry. Once you are able to familiarize yourself with the TechFinancials trading platform, you will discover why it is a preferable solution for most traders. For traders who execute trades around the world constantly, this platform would surely make your work easier.
Both conservatives and high-risk traders will be happy with the in-the-money features of 24Options, as there is a possibility of gathering an 88 percent return on in-the-money trades as well as closing a trade before expiry in order to secure profits.
On 24Options, 70 percent appears to be the average return for successful trades for assets like minor pairs and exotic options and 88 percent for forex pairs. As with any financial trading, there is a minor probability or possibility of losing your entire investment. However, the high-profit return rates mark out 24Options as one of the world leading forex brokers correctly in the market.
Just like any renowned broker, 24Options has their downside too. One of them is the high minimum investment required from investors. The average is $24 for most of the trading assets. Interestingly, though, the minimum investment varies according to the individual asset. This would obviously be a little discouraging to new traders who are just learning the rope.
To their credit, 24Options does provide demo account so new traders or novice investors can practice trading with virtual funds and familiarize their self with the platform before investing real money. Another not-too-exciting feature on this platform is that fact that the minimum deposit for all traders is on the high side at $250. This would quite a turn off for newbie’s who are just learning how to trade. However, we believe the higher minimum deposit is worth it as they are licensed and regulated which means they can be trusted.
Recently, 24Options partnered with Juventus Football Club which only adds to their already high credibility rating. 24Options is top-notch, highly renowned binary options brokerage firm and this high-profile partnership is an added bonus to their good public image. So if you are a soccer fan and love binary options trading, you might want to give 24Options a try.
Tennis lovers are also not left out. Boris Becker and 24Options are currently sponsoring a competition in which the winner has the opportunity of winning $100000. If you are a tennis player, you might want to take advantage of this offer now as it surely will not last forever. Like we have always stated, traders run the risk of losing all their investment when trading binary options just like any other financial or physical investment.
Another high point of 24Option is their outstanding customer service. Most investors feel at home with their awesome, quick and polite customer support services. This is a great advantage in addition to the fact that they are licensed by Cyprus Securities and Exchange Commission. Unlike most other brokers, 24Options have no challenges with paying high returns to their clients as they offer traders the opportunity of investing as much as $100000 on a single trade. To make things more exciting, 24Options also offer prize money of over $100000 to top traders every week.
We do the research so you do not have to lift finger. We constantly search the web for brokers’ complaints in other to keep our readers informed about latest happening in the world of binary options. As incredibly unbelievable as it may seem, we are yet to find even one substantial complaint about this brokerage firm in our entire search.
However, we understand that there is currently an active discussion going on about 24Options in comment sections, forums and review and complaint center. We are monitoring all this comments and always checking to see if there is anything of substance to report on. One of the discussions that have been going involves some negative feedback concerning 24Option’s withdrawal process. We feel these are not legitimate complaints as they do not reflect the truth. These types of complaints are typically from disgruntled traders. There are lots and lots of positive feedback regarding the withdrawal process and a lot of investors have attested to how easy it was to withdraw their earning from 24Option. Though there are a couple of sincere complaints, these issues were resolved by the company itself. So we can boldly say at the time of this writing, there is no major complaint about 24Option.
Let’s be real folks, we all love a good bonus. We can boldly say the bonus system offered by 24Options is one of the best and most consistent in the industry. You will get a 75% bonus fund for any amount you deposit. For instance, you will get a bonus of $3500 if you deposit $5000. However, like most other brokers, you will have to turn over the bonus amount fifty times (i.e reach a 50 times higher trading volume than the bonus you are offered). This is incredibly generous as many other broker firms would require you to turn over the bonus plus the deposit amount 50 times or more to get access to your bonus. By depositing $5000 and earning $3500 bonus, you will be required to reach a trading volume of $175,000 in trading volume to earn the bonus amount. You can use your earned bonuses for trading and withdrawal.
Lots of websites will give you advice on how to deposit your funds with a broker, however, at www.bestbinarybroker.com; we are not concerned with depositing. Our major focus and concern is withdrawal. For obvious reasons, binary options brokers hardly cause any issue when you are depositing, however, some binary options brokers make it a rule to cause clients problems when it comes to withdrawing.
The good thing about 24Option is that there is no limit to how much you can withdraw, as we often see with some other binary options brokerage firms. With 24Options, you will receive your funds within three to seven business days after initiating the withdrawal. Withdrawing with Skrill is a lot cheaper and faster. Also, VIP account holders are not mandated to pay withdrawal fee which is good. However, you must submit all documentation as required by regulation before initiating a withdrawal.
A lot of investors look for the ‘extra’ offerings from brokers before they signup. However, we try to be creative here. This section will highlight some of those features that set 24Options apart from the rest and what makes them unique.
24 Options Extras:
Educational Videos: 24Option has loads of educational videos, including a 5-hour video session that could be extremely beneficial to new traders.
Free Webinars: 24Options offers new investors the opportunity to learn how to trade with free webinars
Withdrawal Limit: This is one of the unique things about 24Options that most investors are not aware of. They offer the highest limit available for withdrawal in the industry.
As a complete web-based tech platform, there is absolutely no need to download any software when you are trading with 24Option. They have the most aesthetic website currently in the industry as the gold letter on the black background is both innovative and sophisticated. You can access live information with just a single click of the mouse. Their FAQ and Glossary sections are complete and updated and their website is available in 18 languages including Arabic, Spanish, German and a lot of others.
No. of Assets and Expiry time:
This brokerage platform offers a total of 103 assets. These include 11 commodities, 19 indices, 43 stocks and 30 currencies. They have a wide variety of assets and an outstanding expiry time which stretch from as early as 60 seconds to as much as a month.
Support, Effective Return and Commission:
24Options does not charge traders for their initial deposit or purchase amount and they offer first withdrawal free. However, for all subsequent withdrawal, clients are charge a $30 fee for wire transfer. Gold account holder gets a free withdrawal every month. All withdrawals are free for platinum account holders. Customer service is available 24 hours of every day in 14 languages with a total of 21 international phone numbers. You can also reach them via email.
24Option has a live chat features that users can get quick and polite response from. Their average return rate is one of the highest in the industry with over 82 percent on major currencies and 70 to 88 percent for in-the-money trades. Though they do not offer an Out-of-money refund, they do offer the ability to close trading position up to 5 minutes before expiry or 2 minutes after purchase.
Payment, Deposit and Bonus
The average minimum deposit is $250. Deposit can be executed with Skrill, Cash-U, Wire Transfer, Credit/Debit Card and a lot of other methods. Naturally, like with most other brokers, withdrawals can only be made by the same means used for deposit. While wire transfer has a minimum withdrawal of $250, Skrill has none.
24Options sometimes offers up to 100 percent bonus. They also offer some amazing promotions and special offers periodically to both new and current clients.
24Options offers a good number of additional and unique features as one of the most innovative trading platform currently in the binary options market. Despite the fact that the strength of their signals varies, it provides a lot of information regarding the most likely direction of a particular asset, though expiry time is always at the discretion of the investor. Apart from High/Low trades, they also offer two additional trading means: Boundary Options with a 75 percent return rate for a winning trade and One-Touch options. One Touch options basically allows the investor to decide if the asset will hit a particular value within the expiry time frame.
Option Financial Markets (OFM) – OptionFM Review
OFM or OptionFM is one of the newest brokers to join the binary options brokerage business. They started operating in the year 2014 which is just about 2 years ago. However, despite being a newcomer in the midst of already established brokerage firms, OptionFM has been able to recruit some of the best and most talented financial analyst from all over the world. This means that regardless of their age, the financial experts at their disposal gives them an advantage over other brokers and has made them one of the most respected and trusted brokers currently in the market.
Options Financial Market promised in their mission statement to guide their investors to successfully trade binary options by supplying all the necessary tools needed for them to reach their potential. OptionFm has been able to keep this promise to a large extent by offering different types of trading accounts that caters for all types of traders. They have also been able to provide an outstanding and efficient trading platform with very informative educational resources and a wide range of trading assets.
Option Financial Market Account Features
As a new broker, OptionFm keeps updating their trading platform. They recently upgraded their website. The website now features a super sleek design and a more distinguished trading system. This act has created a safer and more secured trading environment for investors.
One of the major advantages of trading with Options Financial Market is that they constantly offer bonuses for their investors based on account levels. This is particularly a good gesture as it gives investors a head start in their trading adventure. New investors get a 100 percent deposit bonus. This means that investors get 100 percent of their deposit amount to trade with for free. A new deposit of $250 will automatically transitioned to a $500 account with the deposit bonus. This bonus has empowered a lot of investors to participate fully in Option Financial Market’s 200 plus list of tradable asset in order to earn a decent profit.
From information available to us, Options Financial Market’s turnover is calculated based on the type of bonus. We recommend that you read the terms and condition of any bonus before you claim them. Regardless of the type of trader you are, you are able to find your place in the seven account types on offer at OptionFM. Options Financial Market does not charge any fee or commission for trades for any account level. The different types of account options at Options Financial Market make it easy for them to cater for the various trading preferences and needs of their investors.
OFM Account Types
- This account is developed for those new to binary options trading
- There are over 200 assets available for trading
- Starting at $250
- I free educational session
- Choice of trading packages
- Trading manual available
- Class A and B trading available
- Starting at $2500
- Limited protected capital
- Access to tier 1 and 2 OFM Rewards
- Class A and B trading available
- 2 free educational session
- Trading manual for use
- Wide selection of trading packages
- Starting at $5000
OFM Top Exec
- Unlimited protected capital
- 3 free educational session
- Extensive selection of packages
- Access to tier 1, 2 and 3 OptionFm reward
- Trading manual for use
- Class A and B trading available
- Starting at $10000
- 4 free educational sessions
- Trading manual for use
- Exceptional selection of trading packages
- Unlimited protected capital
- Class A and B trading available
- Access to tier 1, 2, 3 and 4 OptionFM rewards
- Enhanced return on all investment
- Starting at $25000
- Enhanced return on all investment
- Unlimited protected capital
- Access to tier 1, 2, 3, 4 and 5 OptionFM rewards
- Outstanding selection of trading packages
- Trade manual for use
- Suited trading portfolio
- Over 4 free educational session
- Class A and B trading available
- Starting at $40000
- Access to all the tiers of OFM rewards
- Class A and B trading available
- Unlimited protected capital
- Access to exclusive vacation packages
- Trading manual for use
- Highest selection of trading packages
- Unlimited free educational session
- Suited portfolio
- Access to exclusive vacation packages
- Starting at $100000
Option.FM Trading Software
One of the unique things about OptionsFM is that they have a diverse selection of over 200 global assets on offer. Traders can easily make informed and profitable trades on both long term and short term position when you combine their diverse selection with the three trading methods offered on their SpotOption Supported platform. Options Financial Market does not charge any commission or fee on these individual trades.
It is entirely possible to earn a large amount of profit within a short period of time when using the classic binary options trading mode which is popular with most investors. Investors only need to decide which asset they want to trade, the direction they think it will go, their desired expiry time, and the amount they want to invest. This type of trading technique is extremely popular with investors on this platform as it is very easy to maneuver.
Long term trading mode is also available for long term traders with a futuristic view of a certain market area. Options Financial Market offers excellent expiry time frame in the mode that can sometimes go as long as nine months from when the trade is executed. With Options Financial Market, investors are given ample opportunity to enhance their trading portfolio and maximize their trading potential.
For absolute risk takers who yearn for a lot more excitement, OptionFM’s 60 Seconds trading mode will definitely get their adrenaline racing. Like the other modes previously mentioned, traders are able to choose the direction of an asset before expiry. Though all the previous mode requires that investors wait for a very long time before their trade is decided. The 60 Seconds Mode offers a shorter expiry than all the previous mode. With this mode, traders can enter a position immediately after receiving confirming as to whether their trades are out or in the money. It is incredibly rare to find a binary options broker that offers a quicker return than this.
Option Financial Market Support Information
As their staying power as a binary options broker has grown so has their immaculate reputation for enabling consistent success for their investors through superior personal customer service that specially caters to each trader’s special desires and needs. Account managers are always a live chat conversation or phone call away. Clients with Option Financial Market are guaranteed an overall reliable and smooth trading experience. During the OptionFM Review, we made use of the live chat feature and received a response to our inquiries within seconds.
All account package offered by OptionFm has an unfettered access to customer support as well as brokerage assistance which is awesome as this is known as dual-method trading support. This type of support allows visitors and investors alike to report any problem directly to Option Financial Market’s management.
In addition to live chat and email support that are constantly available, Option Financial Market also list multiple customer service telephone numbers local to several countries around the world, including Canada, Australia, France, South America, New Zealand, United Kingdom and Germany.
Option.FM Banking and Company Information
Due to the fact that banking is one of the most important factors when it comes to binary options trading, it is crucially important that there is a nice selection of withdrawal and deposit options available for investors. For deposit, OptionFM offers a whole lot of choices for traders to choose from. This includes Credit/Debit Cards, Wire Transfer and multiple eWallets like Skrill and U-cash. Funds unusually reflect in the investors account within minutes of deposits, which gives them immediate access to trade. The security of personal information is guaranteed thanks to the SSL technology encrypted communication. Investors can always contact Option Financial Market support anytime they are in need of assistance with their financial transactions.
Also, Option Financial Market withdrawal procedure is both secure and fast. Investors can initiate withdrawal at any point in time. However, an initiated withdrawal could take up to 5 business days to be processed by OptionFM Compliance Department. There may be an additional 2 days for those withdrawal initiated through wire transfer or credit cards. The minimum withdrawal amount for OFM is $100.
Due to Anti-Money Laundering Laws, Option Financial Market is required to verify every account to ensure that all accounts and funds are properly protected. Luckily for investors, this verification process is quite simple and all that is needed for the client to submit scanned copies of all the need documentation through email to the compliance department.
Finally, this has been an impressive review of (OFM) Option Financial Market with the generally consensus affirming the fact that they provide exceptionally profitable and efficient platform and an extremely secure environment for trading.
AnyOption is a good example of a trustworthy and powerful binary options brokerage firm and a good choice for any smart investor. Founded in Cyprus in the year 2008, AnyOption is a subsidiary of AnyOption Payment Services Limited. AnyOption is renowned binary options brokerage firm that has a wide client base utilizing its proprietary trading system.
Binary Options Trading at AnyOption
You have quite a lot of options when trading with AnyOption. Whichever way you decide to trade would depend on you trading strategy, your attitude to risk and the signals that are being generated on the asset you wish to trade.
AnyOption offers simple Low or High trades, which basically involves predicting if the price of a particular asset will be lower or higher within a specific timeframe. Other trading types include One-Touch Options, Boundary Options, and Early closure Binary Options.
Opening a binary options account with AnyOption is totally free and investors are welcomed from all over the world including Europe and Us. However, to start trading with AnyOption, you would be required to deposit fund into your account. AnyOption have quite a wide range of deposit options including Wire Bank Transfer, Credit/Debit Cards, Skrill and much more. You would also be required to deposit a minimum of $200.
Withdrawal from your AnyOption account is another simple process you can trigger at any time. You are also allowed to withdrawal any amount you wish. Also, AnyOption allows a free monthly withdrawal for all investors. This means that you would not be required to pay any withdrawal fee for the first withdrawals you make within each month. All subsequent withdrawals within the same calendar month would attract a small fee. In the US, that fee is $30 while in the UK it is 20 GBP.
Available Assets at AnyOption
AnyOption offers a tantalizing range of assets that includes:
Commodities – This includes all major metals as well as Oil.
Indices – All the major indices are adequately represented. You will also find niches and small industries that often make exciting additions to trading strategies.
Stocks – AnyOption offers a wide range of stocks with major companies in Europe, Us and Asia. They also come from a wide range of industries and markets.
Currency pairs – This includes all the major currencies grouped into comprehensive pairings. The Bitcoin currency is also included, making AnyOption quite unique.
Four main binary options are available:
- Binary Event
- Standard Binary
- One-Touch Binary
Normally, you are unlikely to find all the world’s assets here, but no binary options brokerage firm offers everything. For instance, most investors have zero interest in the currencies of emerging market, so AnyOption does not offer them. What you get from AnyOption, However, is a large and diverse range of assets and options to choose from.
As mobile technology advances, more binary options investors wants the flexibility of being able to monitor and place trades using mobile phones. Luckily, you can do this with AnyOption. AnyOption has an impeccable Android and IOS mobile platform that allows you to trade and provides real-time information provided your phone is internet connected. With AnyOption mobile platform, you are able to more your trades, check prices, view your trading history and generally manage your account. This is just some of the reason AnyOption is so popular with binary options investors.
A binary Options broker will not make you any money in binary options trading; making money requires a good trading strategy. Having that in mind, being in possession of the right Auto-Trading robot makes it incredibly easier to develop and implement a successful binary options strategy. So it is obvious that binary options robot have a significant role to play in your overall success.
It is, therefore, important to spend a considerable amount of time researching good binary options trading robots to and ensure you get one you get one that has all the tools and features needed to take your trading to the next level. This is important for traders who are new to binary options and investors with a lot of experience who might want to get involved in detailed and complex strategies. Some of the important factors you need in a binary options robot are accurate signals and high win rates. With Option Robot, you have a good dose of both plus a lot more.
Option Robot is fairly newcomer when it comes to binary options robots. Interestingly, the company has built a rather large customer base for such a new operation. This remarkable success is mostly due to the level of their service and their dedication to excellence. In addition to all the features mentioned above, Option Robot has also developed an easy to use platform that can help complete novice get a good start with binary options trading. We would look closely at all these features and more so you know what to expect from Option Robot.
Signals are important parts of trading binary options successfully. You can easily create your own signals by diligently analyzing market data and charts, however, there is usually a lot going for you to catch everything. Moreover, it may not be possible for you to do all this because of other commitment. Option Robot has this taken care of, as it generates signals which can be used to place manual trades or set to trade automatically. All you need to do is to simply define the parameters and leave Option Robot to take care of the rest.
Generally, one of the biggest challenges signals face is accuracy. After all, there is absolutely no point subscribing to a signal service if it turns out to be wrong and you lose some of your investment. You definitely would have been better off without it. To tackle this issue, Option Robot has worked diligently to deliver a consistent win rate for its subscribers. Sometimes, Option Robot delivers a win rate as high as 83 percent. As a result of this, investors can trade with confidence even if they lack trading experience.
Available Trading Systems
Trading systems are the backbones of any pre-programmed binary options trading strategy. These systems are the core principles that automated robots relies on when deciding how much to stake on each trade. There are quite a lot of trading systems and some traders go as far as developing their own unique system. There are three major systems and Option Robot supports all of them.
Fibonacci system – The Fibonacci system is a highly sophisticated trading system that is a lot more straightforward and easy to implement than most other ones. Its accuracy is also one of the highly currently in existence. It utilizes the famous Fibonacci sequence of numbers to calculate the down and up trends of an asset. From this, the resistance level and support level are worked out. This makes it very easy to predict which direction an asset’s price is likely to move.
Martingale system – This is another trading system used constantly by both new traders and experienced financial market professionals. The Martingale systems lets you set the amount you intend to trade with. If you lose the trade, the system doubles the amount to invest on the next trade. This would continue until you win a trade, at which point the amount you invest on the next trade goes back to the original level. Just like most systems, the Martingale has its downside, especially if you experience a long string of losses. Due to the risk, the potential reward for this system is very high.
Classic system – This is the system for investors who have a very low-risk tolerance. This system is unlikely to make you a lot of money but it also reduces the risk of losing a huge amount within a short period of time. The system is quite simple; the value of each trade remains constant regardless of the outcome of the previous trade.
Option Robot’s Indicators
Indicators are one of the best ways to greatly reduce the level of risk when engaging in automated trading. With Option Robot, you have quite a lot of indicators to choose from. They include trend, MACD, Williams, RSI, Stock and CCI. Naturally, these indicators are designed to instruct the robot on when and how to make a trade.
To achieve a better result, expert’s traders usually combine two or more indicators. In this situation, before a robot is instructed to place a trade, both indicators would generate a trading signal and both signals have to be in the same direction. A trade cannot be executed if this does not happen. Combining two indicators is a great way to identify signals that don’t have a good chance of being successful and false positives.
Contact and Customer Support
You have a lot of options when it comes to asking questions, finding out information and getting help with Option Robot. First, they have a blog you can read. The blog contains a lot of valuable information on everything you need to know and it is updated regularly. For more specific inquiry, you can check the FAQ section. You may discover that other people have asked similar question and they have been answered comprehensively there.
In a situation where the FAQ section does not provide the kind of information you need, you will have to contact their customer support. Unfortunately, email seems to be the only way of contacting them. The email address is email@example.com. Bear in mind that response to your email may take some time to come. As an innovative platform, we expect that they would respond to the current challenges by adding other options to contact customer support.
Getting Started with Option Robot
Option Robot can be set up within a couple of minutes. The process typically starts with account registration. You will then need to fill in some personal information as part of the process, though you only have there are only a couple of fields to fill in and there is absolutely nothing complicated or unusual
After registration, the next stage of the process involves depositing some money so you can begin trading. There are lots of deposit methods you can choose from. Basically, you can elect to deposit through Credit/Debit Card, Wire Transfer or through eWallet.
With the deposit done, you are now set to start trading using automated robots. You can tweak the setting which is can be located by clicking Auto Trade on the dashboard of your Option Robot Account. You can select the types of asset you want to include in your strategy from the dashboard. You can also set expiry time and investment amount per trade at the same place. All this would take just a couple of minutes and automated robot takes over from that point onward.
Another very important thing you have to do is to select a broker. This can be done manually by trying a broker out to see if they meet your specific needs, but most investors go with the options made available by Option Robot. These options include lots of highly reputable and well-regulated brokers currently in operation. For instance, both GOPtions and Banc de Binary are included in the list.
We are of the view that Option Robot is doing a lot of things right and therefore will continue to increase the number of investors using the platform. One of the main reasons we came to this conclusion is the fact that Option Robot is operated by highly experienced professionals who have been working in the binary options and forex industry for a long time. As traders themselves, they completely understand what an investor needs and they have delivered this to a great extent with Option Robot.
Options Robot is the ideal platform for traders who lack experience. The platform is free, so new investors who lack experience do not have to make any investment. Also, the setup and registration process is a lot easier than most other platforms and Option Robots has a lot of tools that can make it easy for you to setup a winning strategy even if you are a newbie. For experienced traders, Option Robot has a wide range of advanced and sophisticated trading systems and tools that you can’t get anywhere else.
Automated Binary Short Review
In this piece, we would talk about a relatively new software in what is becoming a fairly crowded industry. The question that would be on everyone’s mind is: is Automated Binary anything close to the real deal? Can it help investors beat the market by generating reliable, automated results investors can confidently invest their capital on? Or could there be some shady things about it? Because if you are completely happy with putting someone else’s software in charge of your trading, letting it sell and buy in your name and with your funds while you are probably engaged with other things without first taking the time to learn everything you can about how it goes about it business, then we might just have a bridge to sell to you.
Of course, using Automated Binary is not as risky as we have just suggested, though it is obviously true that the software trades on your behalf without your involvement most of the time, it is also true that you are the one who set the rules and parameters on which the software trade for you. This means that you are still in charge at all times. You are responsible for the trading strategy to use, when to sell, buy or do nothing. So you are responsible for winning or losing.
So what is it?
The main facts about Automated Binary are right there in the name:
- It’s binary. It is mainly for binary options investors who work with more than one licensed broker
- It’s automated. The software collects and analyze market data in real time and uses that collected date to generate signals that can be used to trade automatically on behalf of the investor
The main purpose of the signal is to inform the investor when tradable options become available. Automated Binary gives you the ability to choose between a wide range of signals. So you can also ways choose only the signals you understand and feel comfortable with.
Like some other binary options robots, Automated Binary is cloud based, which mean there is absolutely no need to download anything to your computer. It is also important to note that for the robot to work, you need to have an active internet connection. Without an active internet connection, the robot would be unable to place any trade on your behalf. This is also one of the means you can use in controlling the software. No connection no trade- you will always be in charge.
It really doesn’t matter how peripheral a parameter may be to the system, it is the investor who set it. He controls it. You choose:
- Which indicators to use
- How much to bet on each trade
- The permitted numbers of simultaneous trades
- Types of assets to trade
The sort of control may the highest possible control an investor can possibly be given by a binary options trading system. Automatedbinary.com is the complete binary options trading for adults.
To get started, you will have to go to the website and click signup. You need to follow that up by filling in your personal details. Please don’t try to bypass this hoping to trade anonymously; the system doesn’t allow this. After filling the registration, you should proceed to choose a broker. The system offers so many options to choose from. After choosing the broker, you can then go ahead and register with the broker. After the registering, you will then need to make a deposit to start trading. We recommend that you should take some time to know and get comfortable with the system before you begin trading.
Putting it to The Test
Let’s be clear about this. Binary options can be classified as gambling- informed gambling, but gambling nevertheless because you are betting that you know the direction a particular price or index is going to move and you better be right about this more often than not because the percentage of your stake that you “win” when you are right is always less than 100 percent of the stake you lose when you are wrong. So, choosing the signal you want the software to follow is a vital part of the process and we recommend you start with the demo options. This mode lets you try out a variety of limits and signals without risking any funds until you are completely comfortable with the system. The system gives you a $50000 of virtual funds for this purpose only.
Of course, the $50000 isn’t real. It’s a virtual money that is made available by the system for you to learn how the software works and how to maneuver when making trades until you feel completely comfortable and secure enough to start trading for real (with your own money). One you start trading with your own money, you will be responsible for covering your own losses, but you will also be able to withdraw your profit which is not possible with virtual funds.
Demo trading is recommended for everyone, included experienced investors, who want to start using Automatedbinary account for real automated binary options trading. This is because every system has its own rules and uniqueness and demo trading which give you the opportunity to get conversant with the rules.
We would advise anyone who loses the whole $50000 of virtual funds to forget about trading binary options. This software is so good when compared with most other ones in the industry that if you find it difficult to make it work, you probably should stay away from binary options.
How Signals are generated with Automated Binary
These are some of the market indicators that is deployed by Automated Binary when Generating signals:
- Trend Indicator
- Relative Strength Index (RSI)
- Stochastic Oscillator
- Williams Indicator
A software review page is probably not the best place to explain how these indicators work. We generally assume that if you are thinking of using an automated trading software like this one, you understand them. If for any reason you don’t understand what these market indicators are, we recommend that you carry out your own research before going ahead to initiate trades.
Indicators can be used in a vacuum or separately. You can also combine two or more indicators to achieve a more accurate result. When you use indicators or combine two or more, Automatedbinary will decode what you are trying to achieve and will generate trading signals accordingly. We recommend you use two or more signals because no signal is entirely self-sufficient on its own. The most reliable and profitable trading will come from using most or all of the indicators available.
How Automatedbinary Conducts Trades
Automatedbinary generally conducts trades the way you, the investor, tell it to – as long as you are using any of these three methods:
- The Fibonacci method
- The Classic method
- The Compound or Martingale method
It’s your choice, but you can always change it anytime you want.
The Classic Method
This should be a preferable method for people who are new to binary options as it minimizes risk. However, it also minimizes profits, so seasoned investors may not be too willing to go with this method. Most would probably prefer the Martingale methods. That is because the Martingale method doubles up until there is a win- the reason why it is called the compound method. With the Martingale method, you have a chance to make a lot of profits within a short period of time, though you could also lose a lot of money within a short period of time too, especially if you run out of money before a long losing trend turns around. Finally, there is the Fibonacci method for those who believe in patterns. For those who think patterns are reiterative, and that the financial market did in the past will be repeated again.
Anyone seasoned binary options trader knows that there is quite a number of scam in the industry. Is Automatedbinary.com one of those scam system? Hell, no. Our confidence stems from the fact that the renowned binary options brokers who have decided to provide services to AutonatedBinary users would not do so unless they are absolutely certain about the reputation of the company. Though we would feel a lot better if their website has provided names of people involved and physical address of the company.
With that out if the way, it is always important for all binary options investors to understand the risk involved. We are of the view that this system provides an excellent trading option for those who understand what binary options trading is all about. While this system did not list it founders and physical address, the website did not make any ridiculous claim regarding how much to be won or some over the top story about how the system change people’s life. Overall conclusion, AutomatedBinary.com is a decent bet for shrewd binary options investors.
Binary Options Robot Short Review
The broker that you decide to use for your binary options trading is crucial to your overall investment effort. The brokerage firm would determine whether you will use a simple and intuitive trading platform or a challenging and complicated one. They also hold a huge financial responsibility as they are in possession of your money and are responsible for processing withdrawal and deposits. In addition, a good binary options broker will generate good signals for you to trade with. Taking all this fact into consideration, you will quickly come to the conclusion that one of the best brokers currently in operation is Binary Options Robot.
Here are some reasons why you should choose Binary Option Robot
Platform Functionality: Binary Options Robot offers investors a trading platform that is uncluttered, attractive and easy to use. Novice investors will basically find it very easy to get started. Also, all the tools and information needed for a profitable binary options trading is available. The will also give you signals that are among one of the most accurate in the industry. The signals are developed by complex algorithm alongside financial experts and professional traders. The combination of this enormous mathematical computational power and human intervention is what gives Binary Options Robot over 80 percent win rate. So you can expect to win about 8 out of every 10 trades you execute.
The Profit Potential: Just like every other investor in the world, your involvement in trading binary option is to make profits. In other to achieve this aim, you will need a robot that delivers incredibly high return rates. A robot that can do this while keeping your risk at the lowest possible level would be preferred. Binary Options Robots meets and surpasses these criteria with it over 83 percent win ratio. This is, in fact, one of the highest return rates in the market- a rate you can hardly get anywhere else.
Available Assets: It is a common knowledge that the more asset a binary options brokerage firm has, the more opportunities an investor has to make profits. This is particularly true if it applies to signal generating and automated trading. It is quite possible for an asset to generate an accurate signal but an investor would never be able to take any action because the broker doesn’t offer it. This is one of the major reasons why Binary Options Robot offers as many assets as possible. With Binary Options Robots, you will be able to find an asset you are familiar with and able to trade on.
Web-based Platform- Because it is a web-based platform, there is absolutely no need to download any software in order to use Binary Options Robot. You can easily access the platform from your web browser. This has quite a lot of benefits. First of all, no one likes downloading more software on their computer system than absolutely necessary. In addition to that, managing lots of installed software is generally a problem, especially if you have to update them regularly. With a web-based platform, you really do not have to worry about this software issues. With Binary Options Robot, you are guaranteed of the latest and the most secured version of the platform every time you log in.
Support- Because of the fact that Binary Options Robot is used by investors from all over the world, their customer support agents are available 24 hours of every day. The customer support team is friendly, approachable and knowledgeable and they work very hard to resolve every issue as efficiently and quickly as possible. You also would not have to wait for long before you hear back from them as they are very responsive. They can be contacted via phone, live chat or email.
Bonuses- So many binary options brokers offers the best bonuses in the world, but the hardly delivers when it matters. This is obviously not the case with Binary Options Robots. Apart from the generous bonus package they offer their clients, Binary Options Robot also delivers on their promises. Though there are terms and conditions attached to the bonuses- you definitely would not expect anything else from a reputable binary options trading platform.
Tools- When it comes to tools, no one does it better than Binary Options Robot. They offer you a whole lot of tools that will surely help you maximize your profits and help you become a better trader. Some of the tools include ebooks, trading charts, manuals, video tutorials and webinars. There are also a number of tools at your disposal when actively trading or researching assets, like price date, asset information, and easy to read charts.
Responsive Platform: The web has become a lot more diversified. It has moved away from being a desktop-only platform and binary options trading is no different. This diversification is driven by consumer choice. These days, investors want to be able to trade using other devices like tablets and mobile phones and Binary Options Robot has made that possibly by making their platform highly responsive. Their features and services work well on all devices as long as you have an internet connection.
The points listed above only skin the surface of the power and potential of Binary Options Robot. They are a decent platform that makes it very easy for investors to create and implement highly successful trading strategies. They are a one-stop shop, and it not too surprising that a lot of investors choose to trade with them.