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Forex => New Forex => Topic started by: admin on Sep 24, 2019, 04:34 pm

Title: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:34 pm
What are the 15 popular binary options brokers of 2019?
1. IQ Option.
IQ Option was established in 2012 and it has favorable reviews on the internet. It uses in-house software for trading. Maximum returns are 95%. However, traders in the USA, Australia, Canada, Russia, Belgium, Japan, Turkey, Israel, Iran, Sudan, and Syria are not accepted. IQOption Europe Ltd. is well-known for reliable broker services, as it is regulated by the CySEC.
IQ Option offers a free demo account to help you get started. Minimum deposit is just $10 for the Real Account. For the premium VIP account, the minimum deposit is $3,000. Customer support is currently offered via email, phone, and live chat. Finally, this broker offers multiple convenient deposit and withdrawal methods to help you trade easily. For more details on this service read our binary options brokers review for this particular broker. You can also easily sign up for IQ Option here.
Minimum deposit: $10 Minimum trade size: $1 Maximum returns: 95% Supported trading platform: proprietary web, Android, iPhone.
2. Binary.com.
UK-based Binary.com is a licensed broker regulated in the British Isles, Malta, Ireland, and the UK. However, US, Canada, Japan, Hong Kong and Costa Rica traders are not accepted. It is one of the more transparent companies in the industry that declares its owning company and market operations. Formerly the BetonMarkets, Binary.com blends gambling and trading but with transparency. It offers CFDs, FX margin and crypto trading via MT5.
You can start the trading time aside from the expiry date and the investment amount is based on the payout you set. The minimum deposit is $10 and for e-wallets it's even lower, $5.
The bonuses are not standard; rather, consist of two types. The Deposit Bonus and Free Bonus. Likewise, the percentages are not specified, but you are required as much as 25 turnovers to avail yourself of a withdrawal. There's also a 1.5% payout commission.
The broker supports various trading platforms, such as, Binary Webtrader, Binary Bot and Binary Next-Gen. Furthermore, it can personalize client trading needs all under one roof.
Th e platform is intuitive to the first-time trader and robust for the veteran. It features a lot of visual tools like charts and technical indicators and the tutorials on binary options are comprehensive. Likewise, it supports 12 languages and provides a virtual money account. Mobile apps are available.
Minimum deposit: $5 for e-wallet and $10 for debit and credit cards Maximum returns: 100-1000% depending on contracts and trades Bonuses: not specified Supported trading platform: proprietary web, Android and iPhone.
HighLow is based in Australia and is a regulated broker. It uses the MarketsPulse trading platform. Maximum returns are up to 90%. However, this broker does not allow US-based traders. Convenient demo account and mobile app are offered.
The minimum deposit amount is $50 for all methods while the minimum trade size is $10. If you like fast expiration times, HighLow is the ideal broker for you as it offers, 60-second, 90-second and 5-minute expiration times. Customer support is offered via phone and email in English and Japanese. The broker's website is informative with a detailed FAQ section. You can go for HighLow as it has favorable online reviews.
Minimum deposit: $50 Minimum trade size: $10 Maximum returns: 200% Bonuses: $50 upon sign-up Supported trading platform: MarketsPulse web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:34 pm
4. Marketsworld.
Marketsworld is a regulated broker based in Great Britain licensed by The Isle of Mann GSC, a gambling regulatory agency in GB. It's one of the few foreign regulated brokers where US traders are accepted. It trades in commodities and indices, but focuses more on forex and trading is fixed on a high/low digital basis.
The minimum deposit is $10 with the minimum trade size of $1. Bonuses are restricted to trading for up to 100% and don't tie up your deposits. In fact, you can withdraw your money anytime without affecting your bonus as long as you keep to the required trading volume. Returns, meanwhile, range from 80% to 90% and withdrawals take around three days.
The trading platform is proprietary and supports English, Russian, German, Spanish and Italian and four more languages. The trading charts can be difficult for some because of their small size and delays are known to happen. Support via live chat, email and phone are available. An iOS app is also available.
Minimum deposit: $10 Maximum returns: 90% Bonuses: up to $1,000 start-up bonus; up to 100% on trade Supported trading platform: proprietary web, iPhone.
Tel Aviv, Israel-based eToro is a social trading network and not a broker. It allows you to copy the leading traders in its community and, hopefully, realize the same margins. Conversely, your trading can be copied, which earns you additional income.
In this platform you invest in people, not currencies. You will have to be intuitive about other traders' behavior and analyze their patterns or strategies, instead of learning financial charts and indicators.
No worries, eToro provides more than 16 lectures and video courses on how to hone your skills. These include identifying consistent traders, not just one-shot deals. You also get a list of the best traders on currencies, indices and commodities across a wide range of underlying assets.
On the B side, you can share your trading insights and enrol in the Popular Investor Program as a trade authority.
Minimum deposit is $200, while maximum returns varies. The network uses its in-house trading platform with Android and iPhone apps.
Minimum deposit: $200-$10,000 depending on country Maximum returns: varies Bonuses: not specified Supported trading platform: proprietary, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:35 pm
6. 24Option.
24Option has been online since 2010 and is a stable and reliable broker as it is regulated by the CySEC. It uses the third-party TechFinancials trading platform. Maximum returns are up to 88%. This broker does not accept traders from the US and Australia.
The minimum deposit amount is $250 and the minimum investment amount is $24. Trade types offered are high/low, one touch and no touch, boundary, and 60 seconds. A demo account is offered for new traders. You can enroll in Standard, Gold, or Platinum account depending on the amount you deposit and the features you want. 24Option provides customer support via phone, live chat, and email in English and thirteen other languages.
Minimum deposit: $100 Maximum returns: 88% Bonuses: up to 100%; 25% or $500 (whichever is lowest) for first-time depositors Supported trading platform: TechFinancials web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:35 pm
7. ETX Capital.
ETX Capital is headquartered in London, UK and regulated by the British Financial Conduct Authority (FCA). It trades in forex, equities, indices and commodities, but note that binary options are unregulated by the FCA. Likewise, US traders are not accepted as of this writing.
The broker takes pains in educating newbie traders, explaining in details binary options, risk trading and other key topics.
The minimum deposit is $100 with returns between 75% to 85%. Bonuses are not specified but are available. A call to their support should specify a personalized bonus based on your investment. Likewise, withdrawals above $100 are free of charge.
The broker uses MarketPulse for platform. It is clean and intuitive to beginners with the expiry times easy to locate. However, it only supports English.
Minimum deposit: £200 (around $260) Maximum returns: 100% Bonuses: varies, personalized Supported trading platform: MarketPulse, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:35 pm
8. 365Trading.
365Trading is registered with the CySEC and based in Cyprus. It was founded in 2012 and has since traded in EU without issues. It primarily trades in binary options. As of this writing, US traders are not accepted.
Minimum deposit is at $100 with profits and bonuses reaching 85% and 100%, respectively. You can open a demo without deposit and try their long- and short-term expiries.
The platform, an in-house system, is robust and ideal for veteran traders. It features charts, lines and candlesticks and provides historical analysis. The platform allows you to set up three assets with quick access shortcuts. Likewise, you can trade four assets simultaneously featuring a main window and three sub-windows.
Support is available via email and phone.
Minimum deposit: $100 Maximum returns: 85% Bonuses: up to 100% Supported trading platform: proprietary, web, Android and iPhone.
Ayrex is based in the UK and has a pending application with CySEC. It trades in 70 assets and is focused on binary options. As of today, US traders are not accepted.
Minimum deposit is at $25, one of the lowest, while the bonus is up to 10, 20 and 30% based on the amount of your deposit for Ayrex account holders.
The broker uses a proprietary trading featuring instant withdrawals, which is unique in the niche. The interface is neat and lets you quickly jump to different trades. It's ideal for short-term trading. High/Low options are also available.
Support includes 24/7 live chat and via email. Likewise, the system is accessible from Android and iPhone apps.
Minimum deposit: $25 Minimum trade size - $5 Maximum returns: up to 85-90% Bonuses: $30 no-deposit new account, up to 30% on the trade Supported trading platform: proprietary, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:35 pm
10. CMC Markets.
UK-based CMC Markets has been in a forex broker since 1989 but only went into binary options in 2015. Still, that's a long history of trust and reliable operations compared to most binary options brokers. On top of it, it is regulated in the UK. Today, it trades in indices, commodities, shares, treasuries and forex, but US clients are not yet accepted.
There is no minimum deposit and there are no bonuses, too. Returns also varies depending on the product.
Meantime, the platform is customizable and includes charting tools, pattern recognition functionality, various screen layouts and multiple timeframes. The system is accessible from Android and iOS devices. Support is UK-based and consists of live chat, email, phone and fax.
Minimum deposit: no minimum deposit Maximum returns: up to 95% Bonuses: none Supported trading platform: proprietary web, Android and iPhone.
11. OptionFair.
OptionFair is founded in 2010 and based in Cyprus. It is regulated by the CySEC and is also listed on the London Stock Exchange, a first among binary options brokers. US traders are not accepted. The broker trades in forex, CFDs and binary options on 118 underlying assets.
The minimum deposit is $100 with returns up to 100%. However, there are no indicated bonuses, but you can always contact support for possible terms. Expiry time is shorter than average, but makes for quick returns over short-term trading.
The broker uses its own platform that allows you to shift trading from forex to binary and to CFDs from a single interface. It gives you access to myriad assets and instruments and a wide range of expiries. You can, in fact, trade simultaneously forex and binaries. Mobile apps for Android and iPhone are available.
There is phone support in five international numbers including English, Spanish, Italian and French. Email and live chat support are likewise provided.
Minimum deposit: $100 Maximum returns: 100% Bonuses: none Supported trading platform: proprietary, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:36 pm
12. BinaryTilt.
BinaryTilt is an unregulated broker with headquarters in London, England but is wholly owned by Cyprus-based Depix Holdings. Although it isn't overseen, the broker seems to have a clean record with rare warnings from authorities. US traders are not accepted. It trades in stocks, indices, forex and commodities across 150 underlying assets.
Minimum deposit is $250 with profits of up to 85%. Likewise, bonuses can reach 100%. Trading styles include high/low, one touch, range and on demand. The stocks are also mainly US or EU-based companies.
The trading platform is SpotOption, a standard but increasingly old school compared to newer platforms today. The UI is familiar and the elements are organized, good enough for first-timers to kickstart their trading without a hassle. Support is via chat, while Android and iPhone apps are available.
Minimum deposit: $250 Maximum returns: 85% Bonuses: up to 100% Supported trading platform: SpotOption, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:36 pm
13. EmpireOption.
Founded in 2010, Uruguay-based EmpireOption with a registered address in London, England. As with most brokers, US traders are not accepted. The broker trades in forex and CFDs with a diverse underlying investment portfolio.
Minimum investment is $200 and expect u to 80% maximum returns. Likewise, bonuses can reach 100% but terms apply.
The trading platform is SpotOption but minus the SpotOption payment network. EmpireOption also uses its own branding interface and maintains control of most of the trading aspects.
Phone and email support are available.
Minimum deposit: $200 Maximum returns: 82% Bonuses: up to 100% Supported trading platform: SpotOption, web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:36 pm
14. Binarymate.
Binarymate is a UK-registered broker that is reliable as it follows the strict financial regulations of the UK. It accepts US traders. This broker uses a unique in-house platform for trading. You can earn a maximum return of 90%. Trading accounts start with the basic Bronze package for which the minimum deposit is $250 and you get a 20% welcome bonus. For Silver account, the minimum deposit is $1,000 and you get a 50% welcome bonus. Finally, for the premium Gold account the minimum deposit is $3,000 and you can choose between risk-free trades or a bonus of $250.
A unique customer support feature offered by Binarymate is live video chat with agents who are available 24/7. Support is offered in English, French, Spanish, and Russian. Last but not the least, you can use the demo account to learn the ropes or to improve your skills. Before you decide on a broker though it's always best to do a binary options brokers comparison first to make sure you pick the best service.
Minimum deposit: $250 Minimum trade: $1 Maximum returns: 90% Bonuses: up to $250, risk-free trades Supported trading platform: proprietary web, Android and iPhone.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:36 pm
15. BDSwiss.
BDSwiss is a regulated broker in Cyprus with headquarters also in that country. Likewise, it is registered with the U.S. National Futures Association (unregulated), but as of now, US traders are not accepted. The broker trades in forex, indices, shares, commodities and CFD-based cryptocurrencies on over 250 underlying assets.
Minimum deposit is $200 but there's no bonus, while traders can realize returns from 65% to 85%. Refunds are not available also. Likewise, you are charged $25 per wire transfer and fees apply for withdrawals below $100.
For platform, BDSwiss uses SpotOption that is familiar to many traders. It uses advanced charting tools and indicators to help you determine price movement. There is multilingual support via phone, email and live chat. Mobile apps for Android and iOS devices are available.
Minimum deposit: $200 Maximum returns: 85% Bonuses: none Supported trading platform: SpotOption, web, Android and iPhone.
Check out our 2018年最受欢迎的15家二元期权经纪商:哪一家是最好的? article for a Chinese version of this article and 15 nhà môi giới quyền chọn nhị phân phổ biến của năm 2018: Ai mới là tốt nhất? is available for Vietnamese audience. There is also a Korean version available here: 2018년 최고 인기 바이너리 옵션 브로커 15개사, 누가 최고일까?
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By Nestor Gilbert.
Senior writer for FinancesOnline. If he is not writing about the booming SaaS and B2B industry, with special focus on developments in CRM and business intelligence software spaces, he is editing manuscripts for aspiring and veteran authors. He has compiled years of experience editing book titles and writing for popular marketing and technical publications.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:37 pm
How to Trade - Step by Step Guide.
Below is a step by step guide to placing a binary trade:
Choose a broker - Use our broker reviews and comparison tools to find the best binary trading site for you. Select the asset or market to trade - Assets lists are huge, and cover Commodities, Stocks, Cryptocurrency, Forex or Indices. The price of oil, or the Apple stock price, for example. Select the expiry time - Options can expire anywhere between 30 seconds up to a year. Set the size of the trade - Remember 100% of the investment is at risk so consider the trade amount carefully. Click Call / Put or Buy / Sell - Will the asset value rise or fall? Some broker label buttons differently. Check and confirm the trade - Many brokers give traders a chance to ensure the details are correct before confirming the trade.
Choose a Broker.
Options fraud has been a significant problem in the past. Fraudulent and unlicensed operators exploited binary options as a new exotic derivative. These firms are thankfully disappearing as regulators have finally begun to act, but traders still need to look for regulated brokers.
Note! Don't EVER trade with a broker or use a service that's on our blacklist and scams page, stick with the ones we recommend here on the site. Here are some shortcuts to pages that can help you determine which broker is right for you:
Compare all brokers - if you want to compare the features and offers of all recommended brokers. Bonuses and Offers - if you want to make sure you get extra money to trade with, or other promotions and offers. Low minimum deposit brokers - if you want to trade for real without having to deposit large sums of money. Demo Accounts - if you want to try a trading platform "for real" without depositing money at all. Halal Brokers - if you are one of the growing number of Muslim traders.
Asset Lists.
The number and diversity of assets you can trade varies from broker to broker. Most brokers provide options on popular assets such as major forex pairs including the EUR/USD, USD/JPY and GBP/USD, as well as major stock indices such as the FTSE, S&P 500 or Dow Jones Industrial. Commodities including gold, silver, oil are also generally offered.
Individual stocks and equities are also tradable through many binary brokers. Not every stock will be available though, but generally you can choose from about 25 to 100 popular stocks, such as Google and Apple. These lists are growing all the time as demand dictates.
The asset lists are always listed clearly on every trading platform, and most brokers make their full asset lists available on their website. Full asset list information is also available within our reviews.
Expiry Times.
The expiry time is the point at which a trade is closed and settled. The only exception is where a 'Touch' option has hit a preset level prior to expiry. The expiry for any given trade can range from 30 seconds, up to a year. While binaries initially started with very short expiries, demand has ensured there is now a broad range of expiry times available. Some brokers even give traders the flexibility to set their own specific expiry time.
Expiries are generally grouped into three categories:
Short Term / Turbo - These are normally classed as any expiry under 5 minutes Normal - These would range from 5 minutes, up to 'end of day' expiries which expire when the local market for that asset closes. Long term - Any expiry beyond the end of the day would be considered long term. The longest expiry might be 12 months.
Regulation.
While slow to react to binary options initially, regulators around the world are now starting to regulate the industry and make their presence felt. The major regulators currently include:
Financial Conduct Authority ( FCA ) - UK regulator Cyprus Securities and Exchange Commission ( CySec ) - Cyprus Regulator, often 'passported' throughout the EU, under MiFID Commodity Futures Trading Commission ( CFTC ) - US regulator Australian Securities and Investments Commission ( ASIC )
There are also regulators operating in Malta and the Isle of Man. Many other authorities are now taking a keen a interest in binaries specifically, notably in Europe where domestic regulators are keen to bolster the CySec regulation.
Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear warning sign for potential new customers.
Recently, ESMA (European Securities and Markets Authority) moved to ban the sale and marketing of binary options in the EU. The ban however, only applies to brokers regulated in the EU. This leaves traders two choices to keep trading: Firstly, they can trade with an unregulated firm - this is extremely high risk and not advisable. Some unregulated firms are responsible and honest, but many are not.
The second choice is to use a firm regulated by bodies outside of the EU. ASIC in Australia are a strong regulator - but they will not be implementing a ban. This means ASIC regulated firms can still accept EU traders. See our broker lists for regulated or trusted brokers in your region.
There is also a third option. Traders who register as 'professional' are exempt from the new ban. The ban is only designed to protect 'retail' investors. A professional trader can continue trading at EU regulated brokers such as IQ Option. To be classed as professional, an account holder must meet two of these three criteria:
Open 10 or more trades per quarter, of €150 or more. Have assets of €500,000 or more Have worked for two years in a financial firm and have experience of financial products.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:37 pm
How to Trade - Step by Step Guide.
Below is a step by step guide to placing a binary trade:
Choose a broker - Use our broker reviews and comparison tools to find the best binary trading site for you. Select the asset or market to trade - Assets lists are huge, and cover Commodities, Stocks, Cryptocurrency, Forex or Indices. The price of oil, or the Apple stock price, for example. Select the expiry time - Options can expire anywhere between 30 seconds up to a year. Set the size of the trade - Remember 100% of the investment is at risk so consider the trade amount carefully. Click Call / Put or Buy / Sell - Will the asset value rise or fall? Some broker label buttons differently. Check and confirm the trade - Many brokers give traders a chance to ensure the details are correct before confirming the trade.
Choose a Broker.
Options fraud has been a significant problem in the past. Fraudulent and unlicensed operators exploited binary options as a new exotic derivative. These firms are thankfully disappearing as regulators have finally begun to act, but traders still need to look for regulated brokers.
Note! Don't EVER trade with a broker or use a service that's on our blacklist and scams page, stick with the ones we recommend here on the site. Here are some shortcuts to pages that can help you determine which broker is right for you:
Compare all brokers - if you want to compare the features and offers of all recommended brokers. Bonuses and Offers - if you want to make sure you get extra money to trade with, or other promotions and offers. Low minimum deposit brokers - if you want to trade for real without having to deposit large sums of money. Demo Accounts - if you want to try a trading platform "for real" without depositing money at all. Halal Brokers - if you are one of the growing number of Muslim traders.
Asset Lists.
The number and diversity of assets you can trade varies from broker to broker. Most brokers provide options on popular assets such as major forex pairs including the EUR/USD, USD/JPY and GBP/USD, as well as major stock indices such as the FTSE, S&P 500 or Dow Jones Industrial. Commodities including gold, silver, oil are also generally offered.
Individual stocks and equities are also tradable through many binary brokers. Not every stock will be available though, but generally you can choose from about 25 to 100 popular stocks, such as Google and Apple. These lists are growing all the time as demand dictates.
The asset lists are always listed clearly on every trading platform, and most brokers make their full asset lists available on their website. Full asset list information is also available within our reviews.
Expiry Times.
The expiry time is the point at which a trade is closed and settled. The only exception is where a 'Touch' option has hit a preset level prior to expiry. The expiry for any given trade can range from 30 seconds, up to a year. While binaries initially started with very short expiries, demand has ensured there is now a broad range of expiry times available. Some brokers even give traders the flexibility to set their own specific expiry time.
Expiries are generally grouped into three categories:
Short Term / Turbo - These are normally classed as any expiry under 5 minutes Normal - These would range from 5 minutes, up to 'end of day' expiries which expire when the local market for that asset closes. Long term - Any expiry beyond the end of the day would be considered long term. The longest expiry might be 12 months.
Regulation.
While slow to react to binary options initially, regulators around the world are now starting to regulate the industry and make their presence felt. The major regulators currently include:
Financial Conduct Authority ( FCA ) - UK regulator Cyprus Securities and Exchange Commission ( CySec ) - Cyprus Regulator, often 'passported' throughout the EU, under MiFID Commodity Futures Trading Commission ( CFTC ) - US regulator Australian Securities and Investments Commission ( ASIC )
There are also regulators operating in Malta and the Isle of Man. Many other authorities are now taking a keen a interest in binaries specifically, notably in Europe where domestic regulators are keen to bolster the CySec regulation.
Unregulated brokers still operate, and while some are trustworthy, a lack of regulation is a clear warning sign for potential new customers.
Recently, ESMA (European Securities and Markets Authority) moved to ban the sale and marketing of binary options in the EU. The ban however, only applies to brokers regulated in the EU. This leaves traders two choices to keep trading: Firstly, they can trade with an unregulated firm - this is extremely high risk and not advisable. Some unregulated firms are responsible and honest, but many are not.
The second choice is to use a firm regulated by bodies outside of the EU. ASIC in Australia are a strong regulator - but they will not be implementing a ban. This means ASIC regulated firms can still accept EU traders. See our broker lists for regulated or trusted brokers in your region.
There is also a third option. Traders who register as 'professional' are exempt from the new ban. The ban is only designed to protect 'retail' investors. A professional trader can continue trading at EU regulated brokers such as IQ Option. To be classed as professional, an account holder must meet two of these three criteria:
Open 10 or more trades per quarter, of €150 or more. Have assets of €500,000 or more Have worked for two years in a financial firm and have experience of financial products.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:41 pm
Trading FAQ.
What Does Binary Options Mean?
"Binary options" means, put very simply, a trade where the outcome is a 'binary' Yes/No answer. These options pay a fixed amount if they win (known as "in the money"), but the entire investment is lost, if the binary trade loses. So, in short, they are a form of fixed return financial options.
How Does a Stock Trade Work?
Steps to trade a stock via a binary option;
Select the stock or equity. Identify the desired expiry time (The time the option will end). Enter the size of the trade or investment Decide if the value will rise or fall and place a put or call.
The steps above will be the same at every single broker. More layers of complexity can be added, but when trading equities the simple Up/Down trade type remains the most popular.
Put and Call Options.
Call and Put are simply the terms given to buying or selling an option. If a trader thinks the underlying price will go up in value, they can open a call. But where they expect the price to go down, they can place a put trade.
Different trading platforms label their trading buttons different, some even switch between Buy/Sell and Call/Put. Others drop the phrases put and call altogether. Almost every trading platform will make it absolutely clear which direction a trader is opening an option in.
Are Binary Options a Scam?
As a financial investment tool they in themselves not a scam, but there are brokers, trading robots and signal providers that are untrustworthy and dishonest.
The point is not to write off the concept of binary options, based solely on a handful of dishonest brokers. The image of these financial instruments has suffered as a result of these operators, but regulators are slowly starting to prosecute and fine the offenders and the industry is being cleaned up. Our forum is a great place to raise awareness of any wrongdoing.
These simple checks can help anyone avoid the scams:
Marketing promising huge returns . This is clear warning sign. Binaries are a high risk / high reward tool - they are not a "make money online" scheme and should not be sold as such. Operators making such claims are very likely to be untrustworthy. Know the broker . Some operators will 'funnel' new customer to a broker they partner with, so the person has no idea who their account is with. A trader should know the broker they are going to trade with! These funnels often fall into the "get rich quick" marketing discussed earlier. Cold Calls . Professional brokers will not make cold calls - they do not market themselves in that way. Cold calls will often be from unregulated brokers interested only in getting an initial deposit. Proceed extremely carefully if joining a company that got in contact this way. This would include email contact as well - any form of contact out of the blue. Terms and Conditions . When taking a bonus or offer, read the full terms and conditions. Some will include locking in an initial deposit (in addition to the bonus funds) until a high volume of trades have been made. The first deposit is the trader's cash - legitimate brokers would not claim it as theirs before any trading. Some brokers also offer the option of cancelling a bonus if it does not fit the needs of the trader. Do not let anyone trade for you . Avoid allowing any "account manager" to trade for you. There is a clear conflict of interest, but these employees of the broker will encourage traders to make large deposits, and take greater risks . Traders should not let anyone trade on their behalf.
Which Are The Best Trading Strategies?
Binary trading strategies are unique to each trade. We have a strategy section, and there are ideas that traders can experiment with. Technical analysis is of use to some traders, combined with charts, indicators and price action research. Money management is essential to ensure risk management is applied to all trading. Different styles will suit different traders and strategies will also evolve and change.
There is no single "best" strategy. Traders need to ask questions of their investing aims and risk appetite and then learn what works for them.
Are Binary Options Gambling?
This will depend entirely on the habits of the trader. With no strategy or research, then any short term investment is going to win or lose based only on luck. Conversely, a trader making a well researched trade will ensure they have done all they can to avoid relying on good fortune.
Binary options can be used to gamble, but they can also be used to make trades based on value and expected profits. So the answer to the question will come down to the trader.
Advantages of Binary Trading.
The main benefit of binaries is the clarity of risk and reward and the structure of the trade.
Minimal Financial Risk.
If you have traded forex or its more volatile cousins, crude oil or spot metals such as gold or silver, you will have probably learnt one thing: these markets carry a lot of risk and it is very easy to be blown off the market. Things like leverage and margin, news events, slippages and price re-quotes, etc can all affect a trade negatively. The situation is different in binary options trading. There is no leverage to contend with, and phenomena such as slippage and price re-quotes have no effect on binary option trade outcomes. This reduces the risk in binary option trading to the barest minimum.
Flexibility.
The binary options market allows traders to trade financial instruments spread across the currency and commodity markets as well as indices and bonds. This flexibility is unparalleled, and gives traders with the knowledge of how to trade these markets, a one-stop shop to trade all these instruments.
Simplicity.
A binary trade outcome is based on just one parameter: direction. The trader is essentially betting on whether a financial asset will end up in a particular direction. In addition, the trader is at liberty to determine when the trade ends, by setting an expiry date. This gives a trade that initially started badly the opportunity to end well. This is not the case with other markets. For example, control of losses can only be achieved using a stop loss. Otherwise, a trader has to endure a drawdown if a trade takes an adverse turn in order to give it room to turn profitable. The simple point being made here is that in binary options, the trader has less to worry about than if he were to trade other markets.
Greater Control of Trades.
Traders have better control of trades in binaries. For example, if a trader wants to buy a contract, he knows in advance, what he stands to gain and what he will lose if the trade is out-of-the-money. This is not the case with other markets. For example, when a trader sets a pending order in the forex market to trade a high-impact news event, there is no assurance that his trade will be filled at the entry price or that a losing trade will be closed out at the exit stop loss.
Higher Payouts.
The payouts per trade are usually higher in binaries than with other forms of trading. Some brokers offer payouts of up to 80% on a trade. This is achievable without jeopardising the account. In other markets, such payouts can only occur if a trader disregards all rules of money management and exposes a large amount of trading capital to the market, hoping for one big payout (which never occurs in most cases).
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:41 pm
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:43 pm
Accessibility.
In order to trade the highly volatile forex or commodities markets, a trader has to have a reasonable amount of money as trading capital. For instance, trading gold, a commodity with an intra-day volatility of up to 10,000 pips in times of high volatility, requires trading capital in tens of thousands of dollars. However, binary options has much lower entry requirements, as some brokers allow people to start trading with as low as $10.
Disadvantages of Binary Trading.
Reduced Trading Odds for Sure-Banker Trades.
The payouts for binary options trades are drastically reduced when the odds for that trade succeeding are very high. While it is true that some trades offer as much as 85% payouts per trade, such high payouts are possible only when a trade is made with the expiry date set at some distance away from the date of the trade. Of course in such situations, the trades are more unpredictable.
Lack of Good Trading Tools.
Some brokers do not offer truly helpful trading tools such as charts and features for technical analysis to their clients. Experienced traders can get around this by sourcing for these tools elsewhere; inexperienced traders who are new to the market are not as fortunate. This is changing for the better though, as operators mature and become aware of the need for these tools to attract traders.
Limitations on Risk Management.
Unlike in forex where traders can get accounts that allow them to trade mini- and micro-lots on small account sizes, many binary option brokers set a trading floor; minimum amounts which a trader can trade in the market. This makes it easier to lose too much capital when trading binaries. As an illustration, a forex broker may allow you to open an account with $200 and trade micro-lots, which allows a trader to expose only acceptable amounts of his capital to the market. However, you will be hard put finding many binary brokers that will allow you to trade below $50, even with a $200 account. In this situation, four losing trades will blow the account.
Cost of Losing Trades.
Unlike in other markets where the risk/reward ratio can be controlled and set to give an edge to winning trades, the odds of binary options tilt the risk-reward ratio in favour of losing trades.
Trade Corrections.
When trading a market like the forex or commodities market, it is possible to close a trade with minimal losses and open another profitable one, if a repeat analysis of the trade reveals the first trade to have been a mistake. Where binaries are traded on an exchange, this is mitigated however.
Spot Forex vs Binary Trading.
These are two different alternatives, traded with two different psychologies, but both can make sense as investment tools. One is more TIME centric and the other is more PRICE centric. They both work in time/price but the focus you will find from one to the other is an interesting split. Spot forex traders might overlook time as a factor in their trading which is a very very big mistake. The successful binary trader has a more balanced view of time/price, which simply makes him a more well rounded trader. Binaries by their nature force one to exit a position within a given time frame win or lose which instills a greater focus on discipline and risk management. In forex trading this lack of discipline is the #1 cause for failure to most traders as they will simply hold losing positions for longer periods of time and cut winning positions in shorter periods of time. In binary options that is not possible as time expires your trade ends win or lose. Below are some examples of how this works.
Above is a trade made on the EUR/USD buying in an under 10 minute window of price and time. As a binary trader this focus will naturally make you better than the below example, where a spot forex trader who focuses on price while ignoring the time element ends up in trouble. This psychology of being able to focus on limits and the dual axis will aid you in becoming a better trader overall.
The very advantage of spot trading is its very same failure - the expansion of profits exponentially from 1 point in price. This is to say that if you enter a position that you believe will increase in value and the price does not increase yet accelerates to the downside, the normal tendency for most spot traders is to wait it out or worse add to the losing positions as they figure it will come back. The acceleration in time to the opposite desired direction causes most spot traders to be trapped in unfavourable positions, all because they do not plan time into their reasoning, and this leads to a complete lack of trading discipline.
The nature of binary options force one to have a more complete mindset of trading off both Y = Price Range and X = Time Range as limits are applied. They will simply make you a better overall trader from the start . Conversely on the flip side, they by their nature require a greater win rate as each bet means a 70-90% gain vs a 100% loss . So your win rate needs to be on average 54%-58% to break even. This imbalance causes many traders to overtrade or revenge trade which is just as bad as holding/adding to losing positions as a spot forex trader. To successfully trade you need to practice money management and emotional control.
In conclusion, when starting out as a trader, binaries might offer a better foundation to learn trading . The simple reasoning is that the focus on TIME/PRICE combined is like looking both ways when crossing the street. The average spot forex trader only looks at price, which means he is only looking in one direction before crossing the street. Learning to trade taking both time and price into consideration should aid in making one a much overall trader.
Title: Re: What are the 15 popular binary options brokers of 2019?
Post by: admin on Sep 24, 2019, 04:43 pm
Binary Options And Forex Signals.
Binary options signals are alerts that are used to trade binary options contracts, which have been derived after analysis of the underlying asset to be traded. When compared with its forex counterparts, binary signals are still at an early stage. But as the number of traders increases, and newer software applications and tools are developed, we will begin to see increased usage of signals for binary trading in the market.
Recommended Brokers Offering Free Signals.
SmartTrader offer regular high quality signals and sign up is via a WhatsApp group, no complex form filling. Click the logo for more details.
BDSwiss currently offer 'trading alerts'. These are delivered via two traders: Alex Douedari and veteran forex trader, Frank Walbaum. The signals are supplied free, updated in realtime and deliver both a stop loss and a take profit level. The signals are not pushed - so if there are no suitable trades, then none will be suggested. Trades are not added purely for the sake of it.
BDSwiss $10 N/A » Visit.
Hirose $20 90% 50% Deposit Bonus (Withdrawable) » Visit.
New crypto broker Spectre.AI also deliver signals, but are quick to point out that these should not be considered trade advice.
Spectre $10 (ETH) Up to 200%* » Visit.
Robot Signal Services.
Some 'bot' services will also deliver signals. This extra step in automation may suit some traders - but bear in mind the risk is hugely increased when trades are being made without direct input from you, the trader.
BinBotPro from the below list, deliver signals as well as an automated trading services.
BinBotPro Choose among 20 robots and compare them on past performance. Activate automated trading in only 3 steps. » Visit.
Binary.com Regulated broker with a tool for building robots, offering a large range of features. Exclusive $20 Free » Visit.
OptionRobot Free to join with flexible settings including indicators, expiry and methods. » Visit.
AutomatedBinary Free demo account and options for money management and algorithms. » Visit.
Recommended Binary Options Signals Providers.
Signal Hive gets BinaryOptions.net's vote as the current best binary options signal provider.
Signal Hive is a first of its kind, high-quality signals market place provides binary option signals delivered both by algorithms (robots) and human traders, both which are heavily vetted over many months. Education can be provided via the more comprehensive Blue Sky Binary service. Signal Hive is all about following the trader and is aimed at traders who just wish to point-click and have a good shot at growing their capital over time. BSB Research & Development (R&D) has worked on ensuring only the highest quality signals (robotic and human) are delivered on Hive, with the aim to keep quality in the 60-70% ITM range on a weekly basis (Regular infographics allow results to be analysed). If any signal or human trader experiences a prolonged period of under 60% ITM, it is deprecated and removed from Hive.
Signal Hive is a signals market place where you decide which human or robotic traders you follow, in order to receive their trade recommendations. Read Lotz's Signal Hive review here. Having been launched a bit over 3 months ago and having achieved solid performance after 1,700 signals with an ITM% of 64%, the Hive increases your chances of capital growth over time and gives you access to advanced tools such as a Dynamic Asset Risk Engine (DARE) and Analytics which helps you manage your risk.
All Signals Providers.
SignalHive Blue Sky Binary SignalPush.
Charting/Indicators.
Signals Providers to Avoid.
For a list of signal provider scams, visit our binary options scams page.