Benefits of Trading Binary Options ¦ Binary Options Trading South Africa

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Contents

Binary Options Brokers

Currently, there are more than 400 trading platforms or brokers. This was not the case in 2008 when binary options trading started since there were about 10 trading platforms. The emergence of many brokers has been good since it has created high competition, which is beneficial to investors in terms of more bonuses and high returns.

Binary Options Broker Comparison

When you start trading in binary options, one of the most important decisions is in choosing the right broker. This is a task we have made easy for you since we have looked and tested for the most reliable and best brokers and included them on our binary options broker comparison.

Browse our website with full confidence, we provide most reliable, accurate and up to date info about brokers from all over the world.

Best Binary Option Brokers 2020


Currently, there is no regulator who can oversee and regulate all binary options and Forex activities across the world. Over the years, there has been a remarkable increase in these trades.
This may be attributed to the increased accessibility and advances in technology across the globe. As a result, various regulatory bodies have been formed to regulate binary options and Forex activities.

In most cases, such bodies operate within certain geographical regions and their main task is to monitor the various binary options and binary brokers in such regions in a bid to protect traders and monitor the best practises by such brokers.

Many binary options and Forex brokers have enticing trading platforms in addition to a horde of fabulous attractions for their traders. With this in mind, many traders are wondering whether it is okay to just invest in any binary options or Forex broker. The truth is that not all brokers in the market today are reputable. In the U.S.A, for instance, there are strict regulations that have been imposed for the brokers in the region to be in a position to accept US-based traders.

It is such regulations that make some brokers not to accept traders from certain geographical regions. Rather than go through all the trouble to ascertain the best brokers in the market, we have researched the market comprehensively and are happy to present to your the best binary options and Forex brokers this year.

All the binary options and Forex brokers we have recommended on this page have been tested and approved to be genuine and to deliver up to their promise. We have also gone a step further to group the recommended brokers according to the regions they operate in best indian binary options brokers. As such, you just have to find your preferred broker from the following list, based on your geographical location, after which you just need to sign up and start trading right away.

Currently, there are two main regulatory bodies for all binary options and Forex brokers in the United States. The two bodies are the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). According to the current regulations, it is not illegal for any broker to accept traders who are based in the United States. However, if any dispute arises between the trader and the broker, the broker, either binary options or Forex, will be liable for prosecution. in the recent past, the majority of such prosecutions have led to hefty fines and penalties on the side of the brokers.

As a result of this, there have been two distinct categories of binary options and Forex brokers that accept US-based traders. These categories are the brokers who are duly regulated by any of the two regulatory bodies in the U.S.A and the offshore brokers, who are not regulated by any of the two bodies.

Most of the us binary options brokers accepting US-based traders have trading platforms that are faultless. However, you still need to do your own research on any given broker, prior to trading with them. However, we have made the process much easier for you; we have researched, tried and verified the brokers in our recommended list to be effective and genuine.

Best Brokers Accepting US Customers

Residing in the United Kingdom offers traders two main benefits, with regards to binary options and Forex trading. While in the UK, you can trade with virtually any broker, without being affected by any regional restrictions. Again, you can also choose to trade with the brokers who are regulated by Cyprus Securities and Exchange Commission (CySEC) and Financial Conduct Authority (FCA), the two main regulatory bodies in the UK. The two are also the most predominant licenses when it comes to Binary Options brokers. As such, it is advisable to choose a broker that is regulated within Europe.While traders from the UK have a freedom to choose any broker that seems appealing to them, including offshore regulated and unregulated brokers, it is highly advisable that you research on your preferred broker before investing your money with them.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Top Brokers for UK Customers

Binary Options trading is incredibly popular with Australian traders, and it seems to be growing in popularity with each month. Binary Options trading is not banned or illegal within Australia, and brokers based in or outside of Australia can offer their services to Australian traders.The increased demand in online binary options, binary options brokers in Australia and Forex trading has led to the formation of a regulatory body in Australia, the Australian Securities and Investments Commission (ASIC). However, it is not illegal for people to participate in this form of binary options trading in Australia. In this regard, brokers from Australia and other parts of the world can offer their services to people based in Australia. Currently, there are many brokers in the country, some that are offshore and others that are licensed and approved by the ASIC. We have tested and verified all the platforms on our list of brokers to be reputable in Australia.

Top Brokers for Australian Customers

Although online trading is allowed in Canada, there is still no overall regulatory body for the entire country. Instead, each of the 10 Canadian provinces has its own online binary options and Forex trading regulatory body. Among the regulatory bodies in the country is the Investment Industry Regulatory Organisation of Canada (IIROC). Although this body is capable of formulating and enforcing laws in the Canadian trading markets and securities, it cannot do the same when it comes to online trading.We have taken time to review and evaluate each of the brokers offering their services to the Canadians. Canadian binary options brokers As such, the list provided here comprises of the brokers offering convenient banking support and options for online traders in Canada. Just click on the above link, review the various brokers and start trading right away, with your preferred broker.

Top Brokers for Canadian Customers

When it comes to binary options and Forex trading, traders in Europe are some of the most fortunate traders across the globe. Among the renowned regulatory bodies in Europe is the Cyprus Securities and Exchange Commission (CySEC). This body enforces a strict regulatory process, which includes Markets in Financial Instruments Directive (MiFID). According to this body, european binary options brokers that are licensed by CySEC can accept online traders from any member state, within the European Economic Area. Additionally, CySEC happens to be the main regulatory body for binary options traders.Traders in Europe also have the option of trading with offshore binary options and Forex brokers. This leaves European traders with a multitude of options, with regards to both online and offline binary options and Forex trading. However, you still need to research on any given broker before trading with them. In this regard, we have extensively studied all the available brokers for European states and have provided a list of the best binary options and Forex brokers in the region. Just go through the list, select your preferred broker, sign up and start trading right away.

Top Brokers for European Customers

If you are living in India, you’ll be able to trade absolutely any type of Binary Options and work with any of our top rated brokers. Having such a wide choice is truly a blessing, but can also become overwhelming when you have to choose a broker that will be the best and most profitable for you.What are the criteria you should look into? The main body to regulate binary brokers in India is Securities and Exchange Board of India. However, since most top-performing brokers are focused on European and North-American markets, it is difficult to find a good broker licensed by this authority.

Most of traders from India choose brokers licensed in the European Union member country – Cyprus. The CySEC (Cyprus Securities and Exchange Commission) gives licenses to most of our recommended brokers that traders from India tend to use. One of the major issues for the traders from India is usually the high minimum deposit requirement for most of the brokers. The majority of our best brokers have a minimum deposit of $250. However, if you search carefully, you can find those that bring equally high results with a lower minimum deposit such as TopOption, BDSwiss, Tradesolid.

Best Brokers for Indian Customers

Binary Options Brokers in Dubai, UAE

The Dubai market has an enormous potential for all binary options traders. Funded in 2000, it has 57 companies listed with a majority based in UAE. Dubai Financial Services Authority (DFSA) is the institution responsible for monitoring The Dubai International Financial Center, and the rest of the UAE is regulated by various authorities. They are Ministry of Economy Planning, The Central Bank of the UAE and the Emirates Securities and Commodities Authority, to name the most important ones.There are various benefits that make binary options brokers from this region attractive to choose over others. Firstly, UAE market has experienced some major fluctuations over the past year. This, contrary to what some believe, is a huge plus for risky players. The market is perfect for experienced traders who are ready to take advantage of this extraordinary market.

Many experts recommend getting into binary options trading here while the conditions are still favorable and there is a big chance to profit on a larger scale. Secondly, there is an opportunity to trade during the weekends. While all other are open Monday through Friday, The Dubai Security Exchange is working Sunday through Thursday. This is a lot more convenient for those of us who prefer to trade in our free time. Dubai is expanding very fast, both as a city and as a new attractive financial market. Many experienced traders have already taken their chance and started benefiting from this fast-growing economy with binary options trading.

Top Brokers for Customers from the United Arab Emirates:

Binary Options Trading in South Africa

Currently, binary options trading is extremely popular in South Africa. It became so just a few years ago, and before that there were no particular regulations for binary options brokers in this country. Nowadays, the Financial Services Board (FSB) is a government agency that is responsible for regulating financial market in South Africa and binary options brokers here. Particularly, the FSB special task force called The Financial Advisory and Intermediary Services Agency is responsible for assuring quality binary options trading in the region.When looking for a top-performing broker, keep in mind that it is important to pay attention to the its regulation. However, no matter what is the country of origin the broker, it should be able to suit your need and bring you benefits. That is why, traders can also consider brokers with proven results that are regulated by European authorities. There are various brokers that we can recommend in this region that have proven results and have been recommended by many traders that benefited from them.

Top Brokers for South African Customers

Binary Options Brokers in New Zealand

Although New Zealand is a small country, its size has no impact on the level of interest and quality of binary options trading in this region. Traders from this country are becoming increasingly interested in the opportunities binary trading has to offer. However, before choosing a broker and starting to trade, it is important to educate yourself on what to look out for in the process. This is particularly true in this region, since binary options are just becoming known and there is a lot of tricky moments to consider.First of all, of course, that’s regulations. In this aspect, New Zealand is ahead of many other countries that still remain without regulatory bodies to help traders navigating the market. This country assures the quality of trading by The Financial Markets Authority (FMA), a state regulatory authority that oversees binary options trading and other financial operations in the country. There are standards that brokers must keep in order to obtain and keep their license. For instance, the company must be able to function effectively and fulfill the licensing conditions imposed by FMA. The regulatory body evaluates brokers constantly to make sure it doesn’t impose threats to the state funds or its customers.

Since binary options trading is relatively new in New Zealand, traders often have limited choice of broker. On the other hand, if you wish to keep your funds in the country, you can always be sure of the licensed brokers. For those traders who are willing to trade with brokers from abroad, there are also excellent choices of top-performing brokers licensed in the UK or the EU.

Best Brokers for Kiwis

To become a successful binary option trader, you first need to carefully evaluate your opportunities and threats. That also includes choosing a licensed and promising broker. In the Philippines the regulatory body that is responsible for evaluating these companies is called Securities and Exchange Commission (SEC) of the Philippines. It assures that all the trading activities happening in the region are legal and in the best interests of the country and its citizens.While there are very few brokers based in the country itself, the traders from the Philippines can also expand their search for licensed brokers that will suit their needs licensed by foreign regulatory bodies, such as Financial Conduct Authority (FCA) in the UK or CySEC (Cyprus Securities and Exchange Commission) in Cyprus. These brokers have earned excellent reputation all around the world and proved to be worthy of their reviews. Fortunately, they all accept the traders from the Philippines. Because of this, binary options trading is becoming a popular and exciting part of the life in the region.

Best Brokers for Customers from the Philippines

Binary Option Brokers in Malaysia

In Malaysia, binary options trading is extremely popular. There are currently two Malaysian Government organizations that are regulated and licensed binary options brokers. These are the Bank Negara Malaysia and the Securities Commission of Malaysia. After an extensive search for any regulated binary options brokers in Malaysia, we could not find one as of this writing.This is due to the fact that at this time the primary focus of the binary options market is based in Australia and Europe. However, this has not stopped Malaysian residents from taking part in binary options trading with CySEC & ASIC regulated brokers as well as unregulated brokers.

Best Brokers for Malaysian Customers

Binary Options Brokers Russia: Rules and Regulations

In the world of binary options trading, Russia is starting to get the reputation as a force with which to be reckoned. However, there have recently been some new developments due to recent economic sanctions which have been placed on Russia by the European Union and the US. We will then discuss the overall role of binary options in Russia as well how, if at all, the sanctions have affected the market.It is not illegal per the Russian government to trade binary options so therefore Russian citizen are permitted to do so. Traders in Russia have two options for binary options brokers and they are as follows:

1. They are able to trade with local binary options brokers

2. They are able to trade with offshore brokers that are regulated in other nations.

Tips for Comparing and Choosing a Binary Options Trading Broker

The world of trading offers many exciting opportunities and they can be best enjoyed with the guidance of a binary options broker. Choosing a broker that works best for your trading needs can be a daunting and frightening experience but it’s a necessary one for certain. The brokers can help them perform better when trading and instruct them on getting the best return on their investment.

There are several binary options brokers out there who are eager to assist you as a client. However, it is important to remember that choosing a binary options broker can be a detailed process and it’s important to find one that is capable of performing all of the necessary trading tasks. Below are some helpful tips to simplify the process and assist with finding the best broker for your trading needs.

1. Deposit bonus – how much bonus you get on your first deposit and redeposit.

2. Payout – Binary options trading produces varied payouts. Some brokers present variable options that allow them to exit the options prior to the expiration date. Sometimes brokers (for example 24Option) allow payouts as great as ninety one percent per trade. The goal for most people in trading is to make money and with a great binary broker, they can succeed. In addition, look for the following benefits:

– Various Payment Options
– High Bonuses
– Outstanding Customer Support

3. Deposit and withdrawal options – the trading platforms have different ways of depositing and withdrawing money. Check the one that is suitable for you.

4. Types of stock options and warrants closing times

5. Minimum deposit – trading platforms require different amounts of minimum deposit for you to start trading. Look for the one that is suitable for you.

6. Trading tools – some trading platforms may have trading signals and automatic trading while some do not have. Choose the platform depending on the trading tools that you prefer.

7. Demo account – various trading platforms cater for its binary options traders, especially the first time investors by providing them with a demo account. This helps to create experience in trading before ones does the actual trading.

8. Customer service – find out if the trading platform has good customer service to cater for all your enquiries concerning binary option trading.

9. Simple User Interface – This is a dependable and professionally structured trading program that offers a simple user interface. This helps to conserve time and effort for the user. The majority of the programs are web based and should be and is recognized as a simple program with interactive controls.

10. Multiple Asset Investing – One of the major benefits of professional software is that is doesn’t restrict investing. Dependable binary options brokers should provide a means for investors to make multiple investments in various assets such as forex, commodities and stocks. This increases the profit margin for the investor.

11. Expiry Dates Info – Dependable brokers offer expiry dates on a weekly frequency, while offering some daily or hourly options as well. The maximum trade control is obtained only when maximum expiry details exists.

12. Payout of Maximum Percentage – Dependable brokers offer their clients maximum payout percentage. Search for trade option platforms that present between 75 to 91 percent payout and even the unsuccessful trades will generate about a 5 to 10 percent return to investors.

13. Multiple Languages – Global trading options makes it extremely beneficial to have multiple languages and therefore, the platforms are being presented to support the language spectrum as well.

Despite the trading platforms having a lot in common, their way of trading may differ in terms of bonuses, initial deposit, the maximum payout, their means of depositing and withdrawing money, time of trading and their customer service. You may also find trading platforms, which give back to the trader a certain percentage of their investment if they do not win the returns. Therefore, it is important to find out information about the trading platforms before deciding on the ones to use. Using a binary option robot is often also profitable.

7 Binary Options

Currently, there are more than 400 trading platforms or brokers. This was not the case in 2008 when binary options trading started since there were about 10 trading platforms. The emergence of many brokers has been good since it has created high competition, which is beneficial to investors in terms of more bonuses and high returns.

Binary Options Broker Comparison

When you start trading in binary options, one of the most important decisions is in choosing the right broker. This is a task we have made easy for you since we have looked and tested for the most reliable and best brokers and included them on our binary options broker comparison.

Browse our website with full confidence, we provide most reliable, accurate and up to date info about brokers from all over the world.

Get started with 3 easy steps:

Choose a broker from the list below

Best Binary Options Brokers and Trading Platforms:

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary and digital options are prohibited in EEA

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

(*Amount will be credited to account in case of successful investment)

Register a broker account

I personally use six different brokers for trading and recommend all serious traders to open a few accounts to different brokers in order to have a good variety of assets.

Start trading with four easy steps:

Best Binary Options Brokers for 2020

Currently, there is no regulator who can oversee and regulate all binary options and Forex activities across the world. Over the years, there has been a remarkable increase in these trades. This may be attributed to the increased accessibility and advances in technology across the globe. As a result, various regulatory bodies have been formed to regulate binary options and Forex activities.

In most cases, such bodies operate within certain geographical regions and their main task is to monitor the various binary options and binary brokers in such regions in a bid to protect traders and monitor the best practices by such brokers.

Many binary options and Forex brokers have enticing trading platforms in addition to a horde of fabulous attractions for their traders. With this in mind, many traders are wondering whether it is okay to just invest in any binary options or Forex broker. The truth is that not all brokers in the market today are reputable, just like in the online poker market. In the U.S.A, for instance, there are strict regulations that have been imposed for the brokers in the region to be in a position to accept US-based traders.

It is such regulations that make some brokers not to accept traders from certain geographical regions. Rather than go through all the trouble to ascertain the best brokers in the market, we have researched the market comprehensively and are happy to present to your the best binary options and Forex brokers this year.

All the binary options and Forex brokers we have recommended on this page have been tested and approved to be genuine and to deliver up to their promise. We have also gone a step further to group the recommended brokers according to the regions they operate, such as the list for best Indian binary options brokers. As such, you just have to find your preferred broker from the following list, based on your geographical location, after which you just need to sign up and start trading right away.

Residing in the United Kingdom offers traders two main benefits, with regards to binary options and Forex trading. While in the UK, you can trade with virtually any broker, without being affected by any regional restrictions. Again, you can also choose to trade with the brokers who are regulated by Cyprus Securities and Exchange Commission (CySEC) and are registered in Financial Conduct Authority (FCA), the two main regulatory bodies in the UK. The two are also the most predominant licenses when it comes to Binary Options brokers.

As such, it is advisable to choose a broker that is regulated within Europe.While traders from the UK have a freedom to choose any broker that seems appealing to them, including offshore regulated and unregulated brokers, it is highly advisable that you research on your preferred broker before investing your money with them.

Top Brokers for UK Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Options trading is incredibly popular with Australian traders, and it seems to be growing in popularity with each month. Binary Options trading is not banned or illegal within Australia, and brokers based in or outside of Australia can offer their services to Australian traders.The increased demand in online binary options, binary options brokers in Australia and Forex trading has led to the formation of a regulatory body in Australia, the Australian Securities and Investments Commission (ASIC).

However, it is not illegal for people to participate in this form of binary options trading in Australia. In this regard, brokers from Australia and other parts of the world can offer their services to people based in Australia. Currently, there are many brokers in the country, some that are offshore and others that are licensed and approved by the ASIC. We have tested and verified all the platforms on our list of brokers to be reputable in Australia.

Top Brokers for Australian Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

Binary Options in Canada

Although online trading is allowed in Canada, there is still no overall regulatory body for the entire country. Instead, each of the 10 Canadian provinces has its own online binary options and Forex trading regulatory body. Among the regulatory bodies in the country is the Investment Industry Regulatory Organisation of Canada (IIROC).

Although this body is capable of formulating and enforcing laws in the Canadian trading markets and securities, it cannot do the same when it comes to online trading.We have taken time to review and evaluate each of the brokers offering their services to the Canadians. Canadian binary options brokers As such, the list provided here comprises of the brokers offering convenient banking support and options for online traders in Canada. Just click on the above link, review the various brokers and start trading right away, with your preferred broker.

Top Brokers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

When it comes to binary options and Forex trading, traders in Europe are some of the most fortunate traders across the globe. Among the renowned regulatory bodies in Europe is the Cyprus Securities and Exchange Commission (CySEC). This body enforces a strict regulatory process, which includes Markets in Financial Instruments Directive (MiFID). According to this body, european binary options brokers that are licensed by CySEC can accept online traders from any member state, within the European Economic Area.

Additionally, CySEC happens to be the main regulatory body for binary options traders.Traders in Europe also have the option of trading with offshore binary options and Forex brokers. This leaves European traders with a multitude of options, with regards to both online and offline binary options and Forex trading. However, you still need to research on any given broker before trading with them.

In this regard, we have extensively studied all the available brokers for European states and have provided a list of the best binary options and Forex brokers in the region. Just go through the list, select your preferred broker, sign up and start trading right away.

Top Brokers for European Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

If you are living in India, you’ll be able to trade absolutely any type of Binary Options and work with any of our top rated brokers. Having such a wide choice is truly a blessing, but can also become overwhelming when you have to choose a broker that will be the best and most profitable for you.

What are the criteria you should look into? The main body to regulate binary brokers in India is Securities and Exchange Board of India. However, since most top-performing brokers are focused on European and North-American markets, it is difficult to find a good broker licensed by this authority.

Most of traders from India choose brokers licensed in the European Union member country – Cyprus. The CySEC (Cyprus Securities and Exchange Commission) gives licenses to most of our recommended brokers that traders from India tend to use. One of the major issues for the traders from India is usually the high minimum deposit requirement for most of the brokers. The majority of our best brokers have a minimum deposit of $250. However, if you search carefully, you can find those that bring equally high results with a lower minimum deposit such as TopOption or Tradesolid.

Best Brokers for Indian Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Options Brokers in Dubai, UAE

The Dubai market has an enormous potential for all binary options traders. Funded in 2000, it has 57 companies listed with a majority based in UAE. Dubai Financial Services Authority (DFSA) is the institution responsible for monitoring The Dubai International Financial Center, and the rest of the UAE is regulated by various authorities.

They are Ministry of Economy Planning, The Central Bank of the UAE and the Emirates Securities and Commodities Authority, to name the most important ones.There are various benefits that make binary options brokers from this region attractive to choose over others. Firstly, UAE market has experienced some major fluctuations over the past year. This, contrary to what some believe, is a huge plus for risky players. The market is perfect for experienced traders who are ready to take advantage of this extraordinary market.

Many experts recommend getting into binary options trading here while the conditions are still favorable and there is a big chance to profit on a larger scale. Secondly, there is an opportunity to trade during the weekends. While all other are open Monday through Friday, The Dubai Security Exchange is working Sunday through Thursday. This is a lot more convenient for those of us who prefer to trade in our free time.

Dubai is expanding very fast, both as a city and as a new attractive financial market. Many experienced traders have already taken their chance and started benefiting from this fast-growing economy with binary options trading.

Top Brokers for Customers from the United Arab Emirates:

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Options Trading in South Africa

Currently, binary options trading is extremely popular in South Africa. It became so just a few years ago, and before that there were no particular regulations for binary options brokers in this country. Nowadays, the Financial Services Board (FSB) is a government agency that is responsible for regulating financial market in South Africa and binary options brokers here.

Particularly, the FSB special task force called The Financial Advisory and Intermediary Services Agency is responsible for assuring quality binary options trading in the region.When looking for a top-performing broker, keep in mind that it is important to pay attention to the its regulation.

However, no matter what is the country of origin the broker, it should be able to suit your need and bring you benefits. That is why, traders can also consider brokers with proven results that are regulated by European authorities. There are various brokers that we can recommend in this region that have proven results and have been recommended by many traders that benefited from them.

Top Brokers for South African Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Options Brokers in New Zealand

Although New Zealand is a small country, its size has no impact on the level of interest and quality of binary options trading in this region. Traders from this country are becoming increasingly interested in the opportunities binary trading has to offer. However, before choosing a broker and starting to trade, it is important to educate yourself on what to look out for in the process.

This is particularly true in this region, since binary options are just becoming known and there is a lot of tricky moments to consider.First of all, of course, that’s regulations. In this aspect, New Zealand is ahead of many other countries that still remain without regulatory bodies to help traders navigating the market.

This country assures the quality of trading by The Financial Markets Authority (FMA), a state regulatory authority that oversees binary options trading and other financial operations in the country. There are standards that brokers must keep in order to obtain and keep their license. For instance, the company must be able to function effectively and fulfill the licensing conditions imposed by FMA. The regulatory body evaluates brokers constantly to make sure it doesn’t impose threats to the state funds or its customers.

Since binary options trading is relatively new in New Zealand, traders often have limited choice of broker. On the other hand, if you wish to keep your funds in the country, you can always be sure of the licensed brokers. For those traders who are willing to trade with brokers from abroad, there are also excellent choices of top-performing brokers licensed in the UK or the EU.

Best Brokers for Kiwis

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

To become a successful binary option trader, you first need to carefully evaluate your opportunities and threats. That also includes choosing a licensed and promising broker. In the Philippines the regulatory body that is responsible for evaluating these companies is called Securities and Exchange Commission (SEC) of the Philippines. It assures that all the trading activities happening in the region are legal and in the best interests of the country and its citizens.

While there are very few brokers based in the country itself, the traders from the Philippines can also expand their search for licensed brokers that will suit their needs licensed by foreign regulatory bodies, such as Financial Conduct Authority (FCA) in the UK or CySEC (Cyprus Securities and Exchange Commission) in Cyprus. These brokers have earned excellent reputation all around the world and proved to be worthy of their reviews. Fortunately, they all accept the traders from the Philippines. Because of this, binary options trading is becoming a popular and exciting part of the life in the region.

Best Brokers for Customers from the Philippines

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Option Brokers in Malaysia

In Malaysia, binary options trading is extremely popular. There are currently two Malaysian Government organizations that are regulated and licensed binary options brokers. These are the Bank Negara Malaysia and the Securities Commission of Malaysia. After an extensive search for any regulated binary options brokers in Malaysia, we could not find one as of this writing.This is due to the fact that at this time the primary focus of the binary options market is based in Australia and Europe. However, this has not stopped Malaysian residents from taking part in binary options trading with CySEC & ASIC regulated brokers as well as unregulated brokers.

Best Brokers for Malaysian Customers

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

(*Amount will be credited to account in case of successful investment)

Binary Options Brokers Russia: Rules and Regulations

In the world of binary options trading, Russia is starting to get the reputation as a force with which to be reckoned. However, there have recently been some new developments due to recent economic sanctions which have been placed on Russia by the European Union and the US. We will then discuss the overall role of binary options in Russia as well how, if at all, the sanctions have affected the market.It is not illegal per the Russian government to trade binary options so therefore Russian citizen are permitted to do so. Traders in Russia have two options for binary options brokers and they are as follows:

  1. They are able to trade with local binary options brokers
  2. They are able to trade with offshore brokers that are regulated in other nations.

General Risk Warning:

Binary options trading carries a high level of risk and can result in the loss of all your funds

Status of Binary Options Trading in Russia

In Russia, binary options trading is viewed as a serious means of investment. However, as of this time, there are no official binary regulations in Russia. A great many of wealthy Russian residents opt to invest offshore and they make no exception when it comes to binary options trading. The issue that arises in this situation is that offshore investments are out of reach for the Russian government regulations and tax laws.

The recent increase in capital export from Russia is a clear indicator that the majority of those who trade binary options would rather offset their investments to offshore binary options brokers than deal with the few companies that trade binary options in Russia.

A great deal of the binary options brokers that originated in Russia are noticing this trend toward offshore investments and are now looking to be registered or relocated elsewhere. Cyprus is always a preferred location due to their low-tax and investment friendly persona that is present in this country.

Case in point: Dragon Options, a Russian binary options broker, is licensed via CySEC (Cyprus Securities and Exchange Commission) there is currently an estimated $31 billion in Russian funds in bank accounts in Cyprus. Therefore, you can certainly ascertain that a lot of these funds include investments in binary options.

There also exist some limitations to the amount of money that foreign clients who want to invest in binary options in Russia can send in foreign currency deposits. Presently, bank transfers from certain foreign banks and/or countries are considered illegal either under Russian law, or by the dictates of the economic sanctions.

Also, there are limitations as to the amount of money that foreign clients who wish to trade with binary options are able to send via foreign currency. Currently, transfers from certain banks are considered illegal from certain foreign countries and banking institutions under Russian law, and economic sanctions.

The current status of binary options trading in Russia is as follows:

  1. Binary options trading is legal in Russia
  2. Binary options brokers in Russia are not regulated.
  3. CySEC regulated brokers appear to be the preferred method of trading for those who currently trade binary options in Russia.
  4. Any binary options trading that take place in companies based in Russia are subject to taxation.
  5. Sanctions are currently a threat to binary options trading and investments of Russian citizens.

Implications for Binary Options Traders in Russia

A primary reason for concern for those who trade binary options in Russia is the effect that the sanctions have on their investments. A great number of sanctions have been placed on Russian business and this has had an effect on business when it comes to financial dealing with Western banks. As well it has restricted access to many foreign markets.

For example, it is now going to be quite challenging for Russian citizen to participate in binary options trading with those American-based corporations that provide services for overseas clients including Cantor Exchange. It is going to be just as difficult for Russian residents to trade with core EU binary options trading platforms. Those brokers located in Cyprus are lucky isolated from this situation; however, there is no guarantee that this will be the case in the future.

As part of the bailout to redeem the government in Cyprus from bankruptcy in 2020, the Laiki Bank, which was the second biggest financial institution in Cyprus, was closed. Those with accounts containing greater than 100,000 Euros were shut down and their funds were expropriated by the government in Cyprus. Any outstanding debts were transferred to the Bank of Cyprus, which then exploited a very large portion of those aforementioned accounts as well as those accounts containing over 1 million Euros. Most of those accounts were owned by Russian investors.

The options are as follows:

  1. Those accounts are on hold with locally based binary options brokers thus subjecting those holders to the tax dragnet.
  2. Maintaining the status quo with those trading accounts with offshore brokers, which contain the risk of more sanctions.

Due to these crippling sanctions, and falling oil prices, the Russian government is in grave danger of a major crisis. At some point, there will be a need to increase taxation or at least broaden it as much as possible with will be primary focus on binary options trading investments.

Thus as a result, binary options investors in Russia are also faced with the situation that their currency is rapidly depreciation as it is directly affected by the sanctions. In these situations, there is a tendency to rush to switch the local currency for a more stable foreign one such as the US dollar. The government will thus respond by setting strict limitations as to how much foreign currency a Russian resident is able to purchase or have in their bank accounts. This is indeed a dire and sticky situation for all those involved.

The Future of Binary Options Regulation in Russia

Heading into the future, binary options traders will have to make a great deal of tough decisions. The decrease in the Rouble means that Russian traders will now have to pay higher rates to set up an account with an offshore broker. These trades will also have to be done with caution as the selection of brokers is now a cause for detailed considerations.

There was already an increased frenzy for Euros and US in Russia in November of 2020 as many Russian citizens were in a rush to secure funds. It may be beneficial for those in Russia who wish to trade binary options to consider brokers in those areas without the stamina of the US or EU due to the sanctions. If they do so, there is a far better chance that their investment will be a lot more secure.

Tips for Comparing and Choosing a Binary Options Trading Broker

The world of trading offers many exciting opportunities and they can be best enjoyed with the guidance of a binary options broker. Choosing a broker that works best for your trading needs can be a daunting and frightening experience but it’s a necessary one for certain. The brokers can help them perform better when trading and instruct them on getting the best return on their investment.

There are several binary options brokers out there who are eager to assist you as a client. However, it is important to remember that choosing a binary options broker can be a detailed process and it’s important to find one that is capable of performing all of the necessary trading tasks. Below are some helpful tips to simplify the process and assist with finding the best broker for your trading needs.

1. Deposit bonus – how much bonus you get on your first deposit and redeposit.

2. Payout – Binary options trading produces varied payouts. Some brokers present variable options that allow them to exit the options prior to the expiration date. Sometimes brokers (for example 24Option) allow payouts as great as ninety one percent per trade. The goal for most people in trading is to make money and with a great binary broker, they can succeed. In addition, look for the following benefits:

  • Various Payment Options
  • High Bonuses
  • Outstanding Customer Support

3. Deposit and withdrawal options – the trading platforms have different ways of depositing and withdrawing money. Check the one that is suitable for you.

4. Types of stock options and warrants closing times

5. Minimum deposit – trading platforms require different amounts of minimum deposit for you to start trading. Look for the one that is suitable for you.

6. Trading tools – some trading platforms may have trading signals and automatic trading while some do not have. Choose the platform depending on the trading tools that you prefer.

7. Demo account – various trading platforms cater for its binary options traders, especially the first time investors by providing them with a demo account. This helps to create experience in trading before ones does the actual trading.

8. Customer service – find out if the trading platform has good customer service to cater for all your enquiries concerning binary option trading.

9. Simple User Interface – This is a dependable and professionally structured trading program that offers a simple user interface. This helps to conserve time and effort for the user. The majority of the programs are web based and should be and is recognized as a simple program with interactive controls.

10. Multiple Asset Investing – One of the major benefits of professional trading software is that is doesn’t restrict investing. Dependable binary options brokers should provide a means for investors to make multiple investments in various assets such as forex, commodities and stocks. This increases the profit margin for the investor.

11. Expiry Dates Info – Dependable brokers offer expiry dates on a weekly frequency, while offering some daily or hourly options as well. The maximum trade control is obtained only when maximum expiry details exists.

12. Payout of Maximum Percentage – Dependable brokers offer their clients maximum payout percentage. Search for trade option platforms that present between 75 to 91 percent payout and even the unsuccessful trades will generate about a 5 to 10 percent return to investors.

13. Multiple Languages – Global trading options makes it extremely beneficial to have multiple languages and therefore, the platforms are being presented to support the language spectrum as well.

Despite the trading platforms having a lot in common, their way of trading may differ in terms of bonuses, initial deposit, the maximum payout, their means of depositing and withdrawing money, time of trading and their customer service. You may also find trading platforms, which give back to the trader a certain percentage of their investment if they do not win the returns. Therefore, it is important to find out information about the trading platforms before deciding on the ones to use. Using a binary option robot is often also profitable.

Basics of Binary Option Trading

What Types of Assets Are Available?

Binary trading offers a wide variety of trading options including commodities, currency pairs, indices and stocks. With all of these options, you are not limited to one type of trading asset only, opening you to an exciting world of trading. You now have the ability to trade Apple stock, foreign currencies, gold or silver from the same trading platform. You have the option to trade internationally without having to go back and forth between various brokers.

The good thing is that many of these top brokers allow traders to utilize their trading platforms without any issues and offer a wide array of indices and stocks from both Asia and Europe. All of your trades can be basically done on the same site without having to switch between multiple screens and systems. Binary options brokers are essentially a one-stop site for all of your trading needs.

How Long Is the Average Trade?

When trading binary options, you need to keep in mind that every trade has a strict time frame that you need to adhere. They vary in length from 60 seconds or longer. You get to choose which time frame best fits your lifestyle. If you aren’t a fan of waiting around for productive trades, you can opt for 5 minute or even 60 seconds trading. If you have more patience, there are 60 minute trades or longer trading options available as well.

One of the important things to remember regarding expiry times is that they are able to be changed only until you have made a commitment to that particular trade. Once you have authorized a specific trade, you simply sit back and wait until it is completed. This differs from other types of financial trading in which you can sell your accumulated shares at any time. There are brokers that will let you sell your trade for a minimal refund. However this is a rare situation for those who are more experience at trading binary options.

Most Common Types of Binary Options

In binary options, there are three main kinds of trades.

  1. The first is called the “call/put” option. In this type of trade, you simply need to predict whether the price of a particular asset will rise or fall by the expiry time.
  2. “One-touch trades” are when you are issued a target price from the start of a trade. If your chosen asset reaches that set price during the expiry time, you will profit. This set price is determined by your specific broker well before you execute the trade so you will have time to do your research and prepare in advance.
  3. The final of these three common trades is called the “boundary trade”. The broker will issue a variety of prices and you must determine if the price of the asset will remain in the given range or fall outside of the targeted range.

Each of these trades offers a few variations and some of the more exotic varieties of each often have substantial payouts as high as even 300% (depending upon your individual broker). An example of this is “one touch trades” that have an uncommon target rate. In order to achieve this type of payout, you need to opt for the option that is hardest to reach, in other words, you would need to predict that yes, and the far off price will in fact be the end result of the trade. These trades produce higher return as they are most often more difficult to achieve the correct result.

Which Binary Option Should I Choose?

It is up to you to ultimately determine which type of asset is best for you. You first need to evaluate your level of experience. Do you have experience with the Forex market and are looking for a new and more profitable way to trade? If this applies to you, you will easily be able to apply your strategies to the binary options market. Or does your expertise come from day trading? Are you looking to rid yourself of some of the risk involved in day trading? Then binary options can certainly benefit you as you have the ability to focus on those assets with which you are most familiar.

However, the factor that should ultimately drive your chose of trade is your personal trading goals. You should first determine your specific goals and then devise a plan to these goals. Say you want to make about a thousand dollars a week, then you need to decide which options will essentially help you reach this goal as well as which time frames will help achieve this set goal.

The answers to these questions vary for each trader. However, you should always go for quality trades, rather than quantity. Six successful daily trades will yield a higher routine than five losing and seven winning trades. Take the time to consider your options and the possible outcomes before placing your trades to end up with more profitable results.

Broker Reviews

We have included here shorter reviews of the best brokers in the market right now. Full reviews can be found on their own review pages that you can access from the full broker list at the top of this page.

Banc De Binary Review

UPDATE (12.01.2020):

We have found out that Banc de Binary is closed.

We recommend choosing one of our top binary option brokers instead:

  1. IQ Option
  2. 24option
  3. Finpari

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

As it was founded in 2008, Banc de Binary is one of the oldest binary options brokers in existence. It is controlled by Banc De Binary Ltd and is regulated by the Exchange Commission and Cyprus Securities and Exchange Commission since July 1, 2020 under license # license number 188/13.

Their physical address is 4, Profiti Ilia Street Kanika International Business Centre – Office 401 Germasogeia CY-4046 Limassol, Cyprus. Under # 596375, they are also registered with the Financial Conduct Authority and are governed by other such regulatory bodies from various countries.

We must inform our readers to avoid any confusion that there are two different websites for Banc de Binary. Bancdebinary.com is under the authority of Ash Ltd and it’s affiliate, under domain #204033843. Address: Sofia 1463, Sofia District, Bulgaria. Their trading address of Ash Ltd: UL. Stoney Ground, P. O. Box 1823, VC- 100 Kingstown, St. Vincent, Grenadyny.

If you are outside of the European Union, Ash Ltd. operates this website. Their services are not available for USA, Canada, Australia and New Zealand residents. However, Eu.bancdebinary.com is owned and operated by Banc De Binary Ltd. Which site you will lend one depends on where you are located. The details are the same including licensing information, business address and so forth.

Is Banc de Binary a Scam?

Banc de Binary EU has recently gained recognition by the FCA while other brands have achieved regulation with CySEC. This is a step towards regulation in European subsidiaries. However, we learned from a respected Financial B2B website, that banc de binary is having problem with the US authorities.

The issue between the US and Banc de Binary has since been resolved and is now in the past. Banc de Binary is now regulated and has partnered with the Liverpool Football Club. However the amounts of complaints are overwhelming and cannot be ignored. The majority of complaints are centered on loss of money and their aggressive sales tactics. This therefore makes having a direct answer to “Is this a scam?” rather challenging. It all depends on whom you ask.

Officials like FCA and CySEC seem to have no issues with Banc de Binary, as well as the Liverpool Football Club. As we stated previously, the issues with the US are now in the past. So the short answer is that Banc de Binary is not a scam – it is of the most reliable brokers in the business.

Did You Know?

The Banc de Binary website does provide a lot more information about binary options trading than most other brokers. In my opinion, having this complex educational material handy is a plus. Keeping in mind that when I say “complex” I am stating that this is in comparison to the majority of other mainstream brokers, not educational and informative sites such as ours!

Is it Worth It to Open Account with Banc de Binary?

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.

Upon pursuing their platform, powered by Spot Option, I discovered it was very user-friendly with a wide variety of features for experienced traders and newbie alike. You don’t have to download any software as everything can easily be accessed online. This is one of the benefits of a Spot Option powered trading system. The Banc de Binary platform features 60 Seconds trading, One Touch, a functional Option Builder and other features.

Banc De Binary Trading Platform

Their returns average between 70 and 91% for “In the Money Options.” However, I noticed that the 91% return is few and far between. However, this is good for sales and marketing the platform. The average appears to be a steady 72%, which is the norm for binary options trading.

Banc de Binary does offer different account types, meaning you will acquire more benefits as you deposit higher funds. The lower-end account is the “Bronze” account. The initial deposit is 250 EUR. The next level is the “Silver” account which requires a minimum deposit of 2,500 EUR and finally the Gold account in which the minimum deposit is 5,000 EUR. At one time Banc de Binary did offer a VIP account which had excellent benefits but honestly, I have noticed that most other brokers offer those same features with standard accounts with a lesser deposit.

Once your deposit exceeds $100,000 you will be treated like royalty. You will be assigned a personal assistant to book your appointment, place your calls, place orders for online gifts and promotions and so forth. They will also assist you if you need access to a specific guest list or even tickets to an event that are sold out. It seems very glamorous, but honestly, if we want to keep it real, not everyone really has $100,000 to invest in binary options trading.

This being said, my honest opinion is that Banc de Binary is basing their clientele on the high rollers as the benefits they offer to “regular” traders aren’t all that appealing. If you are able to invest upwards of tens or even hundreds of thousands of dollars trading binary options, then Banc de Binary is an excellent outlet. However, if you are the average trader, I would look for another platform which is more suited to your personal needs and finances, such as Option Robot or IQ Option.

The VIP account is called the “Lion Premium” account, on which eligibility is a deposit of at least 10,000 Euro They do not provide the benefits on the website and quite understandably, I did not invest this sum so I cannot offer you any insights as to the level of services provided with this account.

Banc De Binary Complaints

We are constantly on the lookout for scam or fraud alerts, and complaints regarding binary options trading platforms, brokers and auto bots by performing a simple internet search such as one you could easily do on your laptop.

We did not find many complaints during our search for Banc de Binary. The best advice we can offer our readers is to use caution when selecting a binary options trading broker and only trade with trustworthy brokers from 7 Binary Options.

Banc De Binary Bonus

Banc de Binary has changed the structure of their bonus so that now it is completely under the discretion of the Account Executive. Bonuses are still offered as high as 100% but I was unable to locate the exact turnover guidelines anywhere on their website meaning we do not know the amount you need to trade before you are able to make a withdrawal.

As you may be aware, we are of the opinion that large bonus create more issues than actual benefits. The main reason is that you are unable to receive the bonus until you reach the specified turnover amount. This of course means the higher the bonus the more the trading volume necessary to be able to make a withdrawal. A plus side to this is that traders are not required to accept the bonus.

The 100% bonus is at this time only offered to those who have a Gold account or higher.

Banc De Binary Withdrawal

The minimum amount you are able to withdraw with Banc de Binary is 100 EUR/GBP/USD. It is usually processed within 5 working days by Banc de Binary but it can take longer depending on the withdrawal method of your choice until you actually see the funds in your account. Banc de Binary does not charge a fee for withdrawals, but your individual bank or other payment service may have their own set fee. You were able to process withdrawals via wire transfer, Skrill (MoneyBookers) and Debit and Credit Cards at this time.

The average time for withdrawals is 7 business days. This can take additional time depending on your method which is normally 2-7 business days for bank wire, 2 to 5 business days for credit/debit and Skrill can either be instantaneously or within 24 hours.

Banc De Binary Extras

Banc de Binary offers a Free ZuluTrade feature which is a popular social trading platform on which you can follow professional and successful traders in reference to their Zulu Rank and profit/loss margin.

Screenshot

Banc De Binary Features

User Friendliness:

Banc de Binary offers their website in 10 different languages. This Spot Option 2.0 platform is extremely user friendly except for the fact that a lot of information is sometimes clustered into one spot.

Number of assets and expiry times:

Banc de Binary offers a variety of trading assets including 23 indices, 8 commodities, 25 currency pairs and 97 stocks. Since our last visit, we noticed an increase in these numbers, especially in the number of stocks now offered. All of the standard expiry times apply including One Touch, 60 seconds trading and even an Option Builder which allows the trader to choose their own expiry time.

As of August 2020, there is now a new asset category called “Synthetic” which offers 13 pairs. In this instance you would pit stock vs another stock, indices vs another indices or a commodity vs another commodity and so forth. This is commonly referred to as “Pairs Trading”.

Commissions, Support and Effective Return:

While Banc de Binary doesn’t charge for deposits or withdrawals, there may be some costs that occur with bank transfers or other withdrawal methods. I found their customer support service to very polite and helpful, however, there can be improvement with their response time.

According to Banc de Binary, their return rate can reach as high as 91%, but as I previously mentioned, this is few and far between and I have yet to see an asset that offered this rate. The average seems to be 72% and some assets often reach as high as 82%.

Deposits, Payments and Bonuses:

The minimum required deposit for Banc de Binary is $250 which can be made via Bank Wire, Skrill (MoneyBookers) and Credit/Debit Card. The payments from Banc de Binary to the customer will be applied to the same source from which they originated (i.e.: if you made your deposit via credit card, your withdrawal will be applied to the same credit card).

The bonus structure has recently changed. The 100% bonus is still available but will be determined by your individual Account Executive. The required turnover amount necessary to make a withdrawal is not listed anywhere on the Banc de Binary website so we can ascertain that this is also to be determined by your Account Executive. You have the ability to accept or refuse any of the bonuses offered by Banc de Binary.

Website Extras

In my opinion the educational materials offered on the Banc de Binary website are a bit more complex than I have seen on other trading platforms. They do provide a link to ZuluTrade, a renowned platform for social trading.

Banc de Binary SpotOption platform is now offering the ability to change time frames as well as candlestick charts.

7 Binary Options Rating:

Finpari Review

UPDATE 22.4.2020: Finpari has changed its name to Finrally. They continue their operations normally, so this does not affect their old or new customers in any way.

Finpari is controlled by two companies: Lenora Impex SA which is Seychelles registered and also Norsk Inter LP, Scotland registered. FinPari is not regulated by any governing bodies such as CySEC.

Is Finpari A Scam?

There is no concrete evidence that Finpari is a fraudulent service. At the moment, we haven’t heard any critical complaints of the broker, so we can only assume that Finpari is not a scam.

Editor’s Note

As they are built on the SpotOption platform, it might bode well on their behalf. SpotOption is a reliable platform that does offer a lot of good features. Finpari is based in Seychelles, which means they are willing to accept traders from almost any country, which is more than is allowed as per CySEC regulations. This makes them a prime choice for international traders.

Video: Binary Options Trading with Finpari

It is not unusual for traders to sign with Finpari as many brokers prefer to register in countries such as Seychelles as they are banking friendly and thus can avoid the stricter standards set in place by organisations such as CySEC.

This can often be a warning sign of a fraudulent broker, but we did not find anything to support that this may be the case with Finpari as they appear to be simply another broker out to attract new investors. As previously stated they are a SpotOption broker so this means that they offer a full-line of features.

In addition to basic high/low trading they offer One Touch, Ladder, Spot Follow and Paris. They do not offer CFD or Forex trading, which is a feature that is in fact offered by many other SpotOption based platforms. Their expiry times are good and include 30, 60 and 120Second options.

Their long-term expiry times include end of day, intra-day, tomorrow, next week, end of week, end of the month and so forth up to 6 months which is available on some of the more common assets. The Ladder Options trade similar to over/under options and offer increased payouts and strikes. One touch options include increased payouts up to 600% and are available on weekends. The standard payout on call/put trades average about 80%.

Screenshot

Finpari Features

User Friendliness:

The FinPari platform is extremely user friendly. I can honestly say this as SpotOption platform is my personal favourite. It has most of the features offered on standard SpotOption platforms and is very easy to navigate. However, I have to deduct a few points as a result of the false information about their regulations and over-the-top marketing on the main page of the website.

Number Of Assets And Expiry:

Finpari does offer a wide list of assets as well as a variety of expiry times and quite a few options for exotic trades. They do not offer range but it is not necessary with the Ladders. However, this is not outstanding reason to sign with FinPari as you can find these features elsewhere.

Commissions, Support and Effective Returns:

This broker does not require any commission, but they do have a withdrawal fee for wire transfers. Their support is decent but rather pushy when it comes to sales pressure, so keep this in mind. Their educational section is so-so, not a lot to offer, but the videos are pretty food. The effect return on Finpari is on par with the SpotOption standard, which is up to 600% and higher for One Touch and Ladder, 85% on call/put and somewhat lover for short/term 60seconds trading.

Deposit, Payment And Bonus:

The required minimum deposit is the standard with binary options brokers: $250 and can be made via debit/credit card, eWallet or wire transfer. I always recommend using eWallet whenever it is feasible. Finpari does accept Neteller, Skrill and others as well. Payments are made to the same account on which they were deposited; however, there is no limit for credit cards.

Bonuses are offered in the form of one-time only deposit bonuses up to 100% or risk free trading. The terms are a bit misleading. In one section it says turnover deposit is only 300% (3X), yet in another it says up to 20X. Regardless of bonus, every deposit must be turned over at least one time in order to make a withdrawal.

Broker Extras:

SpotOption goes above and beyond when it comes to extras as opposed to the average hum-drum trading platform. This includes Ladder options which offer a great deal of flexibility as well as increased payouts. They also offer Spot Follow, which is similar to iFollow which is essentially the copy trading platform that is offered by SpotOption and supported by ZuluTrade Technology.

7 Binary Options Rating:

24Option Review

24Option, founded in 2009, is a true binary options pioneer. 24Option is owned by Rodeler Ltd. Rodeler Ltd is a company operating under Cyprus Securities Exchange Commission (CySEC) license number 207/13. Founded in 2009, they are operated under Rodeler LD, which is regulated under CYSEC (Cyprus Securities Exchange Commission) and their license information is license number 207/13. As well they are registered with BaFin in Germany as well as the British Financial Conduct Authority (FCA) since 04/12/2020.

Is 24Option a Scam?

24Option was regulated in 2020 with CySec and therefore is not a scam operation in any way, shape or form. Under the authority of CySec, any money that is exchanged with this platform is secure.

The fact that they are a regulated system is the primary reason that 24Option was added to the official list of “non-scam” brokers. However, this does not necessarily that they do not have some issues. Even regulated brokers can have their cons.

Fortunately, these regularity reasons are not the only factor that contributed to 24Option making our list of non-scam systems. They are well-renowned for their user friendly interface and the trading system itself, as well as the overall platform navigation is outstanding.

It is very easy to trade with this system and the live charts provided by 24Option are easily accessed simply by clicking on the underlying asset itself. For those who wish to further examine any underlying asset, they simply have to click on the underlying asset tab to open a small pop up with information from sources such as Yahoo! There is no need to leave the site to do research.

These factors, as well as many others, are one of the reasons that 24Option is one of the best binary options brokers around. They have made great strides toward improvement since they originated such as redesigning the platform itself, increasing the number of underlying assets and keeping up to date with the latest technology and data. They seem to make it their priority to strive to be the best of the best when it comes to binary options trading.

Editor’s Note: Why We Recommend 24Option

While some binary options brokers turn out to be scams, there are many that are legit, but in fact, 24Option is one of the few brokers that are held in high esteem. I can dismiss any suspicion of fraud thanks to their CySec licensing. Their superior customer service and professional and attractive trading platform makes them a popular and respected broker in the world of binary options trading.

The only small drawback of 24Option is that they no longer serve residents of the US due to regulation. This is good news for EU clients, but a bitter disappointment for those who reside in the US. Also, since the company has registered with CySec, their average return has decreased by 2%. However, the licensing itself is a major plus. Despite this, they still have returns as high as 88% per successful trade so this still bodes well for traders.

Do I recommend opening an Account with 24Option?

Since their origin 24Option has strived to greatly improve their already innovative, fully-online based platform. They consistently provide traders with the necessary and easiest tools to assist them with their trading. They also have an outstanding user-interface, as well as other great features. Note that we have stated earlier in this review that their user-interface, site navigation and overall trading experience are superlative.

The main premise behind 24Options trading platform that makes them stand out from other trading platforms is that their underlying assets are arranged from shortest expiry time to the longest (ie: 60 seconds to end of day, except in a few cases). IE: When you highlight the High/Low tab, you will notice the underlying assets are listed according to their expiry times. The shortest are listed first and the latter tend to expire at the end of the trading day.

Of course, traders have the ability to click the same tab and select the stocks or indices tab with the desire to only view specific underlying assets. In each category, there are over 100 available underlying assets and again they are arranged from the shortest to longest expiry times.

Overall, in my opinion these platforms are much easier to use than the others. Once you are familiar with the TechFinancials platform you will discover that it a preferable solution for the majority of investors i.e.: those who perform trades around the clock within just seconds.

In my opinion, the aforementioned investors are the high risk type as opposed to the more conservative traders. Both of these, however, will be well-pleased with the In-the-Money-Return feature, as there lies the possibility of 88% in-the-money as well as closing a trade prior to the expiry time to secure a winning trade or to eliminate any further losses. Out-of the –money trades will result in full capital loss on the specific trade.

88% appears to be the average return for successful trades for underlying assets such as forex pairs and 70% for exotic and minor pairs. Remember, that there is the possibility that a trader can lose their entire investment, as with any financial trading. However, these high return rates are what make 24Option one of the leading brokers in the world of binary options.

The downside of this is that the minimum investment is rather high; the average is $24 for the majority of trading underlying assets. However, unlike other brokers, the minimum investment varies according to the individual underlying assets. This could be a bit discouraging to novice traders.

Fortunately, 24Option does provide a demo account so new traders can practice trading with virtual money before investing live. Another negative for newbie’s is that their minimum deposit is slightly high at $250. I tend to prefer those brokers with lower deposit fees, but with 24Option I feel the slightly higher investment is worth it as they are regulated and licensed so therefore they can be trusted.

24Option has recently partnered with the Juventus Football Club which only adds to their high credibility. They were already a top-notch, highly respectable brokerage, but this partnership is purely an added benefits. So if you’re a fan of both soccer and binary options trading, this is the platform for you. Also, for those who like tennis, 24Option and Boris Becker are currently offering a competition in which you have the chance to win 100 grand in USD.

You should take advantage of this offer now, as it will not be around forever. Keep in mind, as always, that investors do risk the chance of losing their all of their money! Terms and conditions apply

Their outstanding customer service makes 24Option a welcome home for the binary options trader, in addition to the fact that they are licensed with CySEC. 24Option offers traders the option to invest as much as 100 grand USD in a single trade so this proves that they have no issue in paying high returns to their clients. To spice things up, they also over prize money, up to $100,000 for weekly top traders! Terms and conditions apply

24Option Broker Complaints

Let 7 Binary Options do the research so you don’t have to! I constantly search the internet for broker complaints to bring the results directly to our loyal readers. As unbelievable as it may seem, we could not find even one substantial complaint about this broker in our search.

I did notice an active online discussion concerning 24option in forums, comments sections and Complaint and Review Center. Our team is monitoring and checking these. I personally feel that the negative feedbacks concerning the withdrawal process were not legitimate complaints. These complaints are typical from disgruntled traders and do not always reflect the truth. The sincere complaints were in fact resolved by the company itself so I can honestly say that there are no major complaints concerning 24Option.

24Option Withdrawal

Most sites will give you advice on how to deposit. However, at 7binaryoptions.com, we are not concerned with this issue. Our main focus is that major concern in binary options: the withdrawal process itself. As a rule, for obvious reasons, few brokers cause an issue with deposits, however quite a few brokers have issues when it comes to withdrawing your funds.

A plus with 24Option is that there is no limit to the withdrawal amount, as we often see with other platforms. The average time before you see your funds is three to seven business days. Skrill will have lower fees and also will make the process quicker. Those with VIP accounts do not have to pay a withdrawal fee, which is outstanding. However, you must remember to send proper documentation as specified under regulation before you can request a withdrawal.

24Option Extras

A lot of traders look for the “extras” before they sign with a broker. But here at 7binaryoptions.com, we try to think outside the box. This section will highlight those features that are unique with 24Option and what sets them apart from other brokers.

The “Extras” that we found appealing with 24Option are as follows:

  • Free webinars: learn to trade with the aid of a professional
  • Educational videos including 5-hour videos which are extremely beneficial to those new to trading!
  • Highest Withdrawal Limits: This is a plus of which most traders are not aware. 24Options offers the highest limits available.

Screenshot

24Option Features

User Friendliness:

As a completely based web-tech platform, there is no need to download any software with 24Option. They have the best looking website we have seen thus far as the gold letters on the black background is both sophisticated and contemporary. Just above each underlying asset, is live information and other chats with just a simple click. Both the Glossary and FAQ sections are current and complete. The website is available in 18 languages including German, Arabic, Spanish, et al.

No. of Assets and Expiry time:

24option offers a total of 103 underlying assets including 30 currencies/forex, 11 commodities, 19 indices and 43 stocks. The variety of underlying assets is wide and the expiry times are outstanding as they allow the traders to choose from as little as 60 seconds to as much as end of the day/week/month.

Commissions, Support and Effective return:

There is no charge for investors for their initial deposit or purchase options. The first withdrawal is free as well. There is a $30 charge for wire transfers for withdrawals. Those with a Gold account get one free withdrawal a month. However, all withdrawals are free for those with Platinum accounts. Customer support is available with a total of 21 international phone numbers including French, Spanish, Italian, English and more. They can also be reached via email.

The Live Chat feature on 24Option was extremely polite and quick to respond. Their effective return rate is amongst the highest in the binary options trading market with an 82% return on most of the major currencies and 70-88% in the money. As always, we need to remind our readers that there is always a risk that you can lose all of your capital as a result of trading binary options as with any other type of financial investing. They do not offer an Out-of-Money refund but they offer the ability to close your position 2 minutes after purchase or up to 5 minutes before the expiry time.

Deposit and Payment:

The minimum deposit with 24Option is average: $250 / €250 /£250 / ¥50,000 or руб 10,000. Deposits can be made with Cash-U, Skrill, credit/debit card, wire transfer, et al. Generally, withdrawals can be made via the same process. There is a minimum of $200 for wire withdrawals. However, there is no minimum withdrawal via Skrill. There are usually up good offers with 24Options and they do occasionally offer amazing promotions and specials for both new and registered clients. Terms and conditions apply

Website Extras:

As one of the most innovative trading platforms, 24Option offers a good number of additional and unique features. The strength of their third party signals varies and provides information as to the most likely direction of the underlying asset. However, the expiry time is determined by the trader.

With the exception of High/low trades, they offer two additional means of trading: including One-Touch option, which lets the trader decide if the underlying asset will hit a certain value before the expiry time, which is most often available on weekends. Secondly, they offer a Boundary Option with 75% return rate via winning trade. Investors should have in mind that can lose all their capital and that trading alerts should not be considered as investment advice. The decision to act on any signals is yours and taken at your own risk.

7 Binary Options Rating:

Option Financial Markets (OFM) – OptionFM Review

UPDATE (12.01.2020):

We have found out that Option.FM is closed.

We recommend choosing one of our top binary option brokers instead:

  1. IQ Option
  2. 24option
  3. Finpari

Try also Binary Option Robot if you are looking for automated binary trading.

Old Review:

OptionFM, or OFM, is one of the recent newcomers to embark on binary options brokerage platforms, as it was founded just two years ago, in 2020. However, despite being a newbie in a sea of established brokers, they have managed to recruit some of the most talented financial experts from around the globe.

This means that they have a plethora of financial experience under their belt. Due to this, they have quickly become one of the most trusted and respected brokers worldwide.

In their mission statement, Option Financial Market promises to guide their clients to successful binary options trading by helping them to reach their full trading potential. They can do so thanks to a vast offering of various types of trading accounts that cater to a wide variety of investors, an exceptional and innovative trading platform, excellent and informative educational tools and resources and a wide array of assets. In addition, they maintain close ties with their traders and analysts. OptionFM also supports automated trading.

Option.FM Account Features

OptionFM has recently revamped and upgraded their website which now features a more distinguished trading system and super sleek design; as well as the confidence that their traders are able to invest on a safe and secure trading environment.

One of the main advantages in trading with OFM is that they regularly offer bonuses for their clients based on their account level. These bonuses are a plus as they enable traders to be able to get a head-start in their trading experience. IE: a $250 starting balance with automatically transition to a $500 account with the 100% welcome bonus. Traders are empowered by these bonuses to participate fully in OFM’s list of 200 plus tradable assets in order to earn a more substantial profit.

Per a conversation with OptionFM’s customer service via live chat, the turnover is calculated per the type of bonus. It is recommended that you familiarise yourself with the terms and conditions of said bonus before accepting.

Both new and experienced traders alike are able to find their place in the seven different account types offered by Option Financial Markets. As an added feature, OFM does not charge any commissions or fees for trades, for any account level. This broker easily caters to the various trading preferences and needs of their clients with their wide selection of account options.

Option.FM Account Types – Click Image to View Larger

The following are the different account types offered by Option.FM:

OFM Newbie

  • Starting at €250
  • Geared specifically for those new to binary options trading
  • 200 trading assets available

OFM Start-Up

  • Starting at €2,500+
  • Choice of Trading packages
  • Class A & B trading available
  • Trading manual for use
  • 1 Free Educational Session

OFM Entrepreneur

  • Starting at €5,000+
  • Access to Tiers 1 & 2 OFM Rewards
  • Class A & B trading available
  • Trading manual for use
  • Wide selection of Trading Packages
  • 2 Free Educational Sessions

Limited protected capital

OFM Top Exec

  • Starting at €10,000+
  • Access to Tiers 1, 2 & 3 OFM Reward
  • Class A & B Trading Available
  • Trading manual for use
  • Extensive Selection of Trading Packages
  • 3 Free Educational Sessions
  • Unlimited protected capital

OFM CEO

  • Starting at €25,000
  • Access to Tiers 1,2, 3 & 4 OFM Rewards
  • Class A & B Trading Available
  • Trading manual for Use
  • 4 Free Educational Sessions
  • Exceptional Selection of Trading Packages
  • Unlimited Protected Capital
  • Enhanced return on all investments
  • OFM Financier
  • Starting at €40,000
  • Access to Tiers 1,2, 3, 4 & 5 OFM Rewards
  • Class A & B Trading Available
  • Outstanding selection of Trading Packages
  • Trading Manual for Use
  • 4+ Free Educational Sessions
  • Unlimited protected capital
  • Enhanced return on all investments
  • Suited Trading Portfolio

OFM Mogul

  • Starting at €100,000+
  • Access to Tiers 1,2,3,4,&5 OFM Rewards
  • Class A & B Trading Available
  • Highest Selection of Trading Packages
  • Trading Manual for Use
  • Unlimited free educational sessions
  • Unlimited Protected Capital
  • Enhanced Returns on all investments
  • Suited Trading Portfolio
  • Access to Exclusive Vacation Packages

Option.FM Trading Software

One of the first things that traders will notice after opening an account with Option Financial Markets is that they offer a uniquely diverse selection of well over 200 global assets. Combined with the three trading methods offered on their SpotOption powered platform, traders can easily make informed and profitable trades on both short term and long term positions. OFM does not charge any fees or commission on these individual trades.

When utilising the classic Binary Options trading mode with which the majority of traders are most familiar, it is entirely possible to earn substantially large profits within a short period of time. Traders need only to decide with which asset they wish to trade, their desired expiry time, the direction in which they think they trade will go, and the amount of their investment. This straightforward method of trading is extremely popular as it very easy to maneuver.

The Long Term Trading Mode is ideal for those who envision long-term trading with a certain market area. OFM offers excellent expiry times in this mode that can go as long as nine months from the time one has selected the “Call” or “Put.” The fact that OFM offers both short term and long term trading gives traders ample opportunity to maximise their trading potential and enhance their trading portfolios.

For those who yearn for a bit more excitement, OFM’s 60 Second Trading Mode will get their adrenaline racing. It is similar to the both of the aforementioned modes in that a trader is able to choose the direction of an asset prior to the expiry. However, the previous modes often require traders to wait hours, days or even months before revealing the result of their trade, the 60 Second Mode offers traders expiry times of 30 or 60 seconds as well as other expiry times. This enables the trader to almost immediately receive confirmation as to whether their trades are in or out of the money. It is rare to find a broker that offers returns quicker than this.

Option.FM Support Information

As their stamina as a broker has grown, so has their reputation for enabling success for their clients through superior personal customer support that specially caters to each client’s special needs and desires. Account managers are always a phone call or live chat conversation away. Clients with OFM are guaranteed an overall smooth and reliable trading experience. During the Option Financial Markets Review, FBO made use of the live chat options and received a response to our question within seconds.

Every account package that is offered by Option Financial Markets (OFM) has access to brokerage assistance as well as customer support which is great as this is considered a dual-method of trading support. This allows both traders and visitors alike to directly report any issues to OFM management.

In addition to the email support and live chat that are available around the clock, OFM also lists multiple customer service telephone numbers local to several countries on a global basis including Germany, the United Kingdom, Canada, Australia, France, South American and New Zealand.

Screenshot

Option.FM Banking and Company Information

As banking is perhaps the most crucial factor as it is the most used feature in binary options trading, it is imperative that there is a decent selection of deposit and withdrawal options available for clients. For deposits, Option Financial Markets offers a variety of choices including credit cards, multiple eWallets and bank wire. Funds are readily available in the trader’s account balance most often within minutes of the deposit, which allows them access immediate trading. Personal information is guaranteed utmost security thanks to communication via SSL technology. Users are always able to contact OFM support at any time if they need assistance with their financial dealings.

As well, the withdrawal process with this platform is both fast and secure. Clients have the ability to request to withdraw their funds at any time. The withdrawal request is then process by OFM’s Compliance Department and may take up to 5 business days to process. There is an additional 2 to 3 days for those funds that are to be tendered to the bank account or credit card that applies for this process. The minimum amount for withdrawal is $100.

OFM must verify every account to ensure that all funds and accounts are properly protected due to Anti Money Laundering laws. Luckily, this is a simple process and all that is required of the traders is that they submit scanned copies of the proper identification documents via email to the Compliance Department.

Overall, this has been an extremely impressive review of Option Financial Markets (OFM) with the overwhelming consensus that they offer an exceptional profitable platform and an extremely secure trading environment.

7 Binary Options Rating:

AnyOption Review

UPDATE (08.01.2020):

We have found out that Anyoption is closed.

We recommend choosing one of our top binary option brokers instead:

  1. IQ Option
  2. 24option
  3. Finrally

Try also Binary Option Robot if you are looking for automated binary trading.

If you are looking for another example of a powerful and trustworthy binary options trading platform, AnyOption is a good choice. It was founded in 2008 in Cyprus and is a subsidiary company of AnyOption Payment Services Limited. It is a popular binary options broker that has a wide client base using its proprietary trading platform. It is easy to use and offers a number of tools and features that help you get the most from binary options trading.

Binary Options Trading at AnyOption

You have a number of options when placing trades at AnyOption. Which one you should choose depends on your attitude to risk, your trading strategy, and the signal that is generated on a particular asset type.

The options include simple high or low trades; i.e. will the price of the asset be higher or lower than now within a predefined period of time. Other options include one-touch binary options, early closure binary options, and boundary binary options.

Screenshot

Banking

Registering an account with AnyOption is completely free, and traders from all over the world are welcome, including from the US and Europe. You can’t start trading, however, until you deposit money into your account. A number of deposit options are available, including credit card, debit card, bank transfer, Skrill, and more. The minimum deposit is $200.

Withdrawing money is a simple process that you can trigger at any time. You can also withdraw any amount you wish, as there is no minimum. The first withdrawal you make every month is free. If you want to make further withdrawals within the same calendar month there is a small fee. In the UK that fee is £20 while in the US it is $30.

Available Assets at AnyOption

AnyOption offers a wide range of assets that you can trade on. This includes:

Currency pairs – this includes all the major currencies in the world grouped into comprehensive pairings. The Bitcoin currency is even included, making AnyOption quite unique.
Stocks – a wide range of stocks are offered with major companies in the US, Europe, and Asia. They also come from a wide range of industries.
Indices – all the major indices are represented but you will also find smaller and more niche industries that often make interesting additions to trading strategies.
Commodities – this includes oil as well as all major metals.

Four main binary options are available:

  1. Standard binary
  2. Binary event
  3. Option+
  4. One-touch binary

You will not find all the world’s assets at AnyOption, but no binary options broker offers everything. For example, most traders have no interest in emerging market currencies, so AnyOption doesn’t offer them. What you do get, however, is a diverse and large range of assets and binary options to choose from.

Mobile Compatibility

More and more binary options traders want the flexibility of being able to place and monitor trades using their mobile phone. You can do this with AnyOption. It works on both iPhone and Android devices, offering real-time information providing your phone has an internet connection. You can check prices, monitor your current trades, look at your trading history, and manage your account.

This is just one of the reasons that AnyOption is so popular with binary options traders.

7 Binary Options Rating:

Option Robot In a Nutshell

A broker will not make you money in binary options trading – making money requires a good strategy. That said, having the right auto trading robot makes it exponentially easier to develop and implement your strategy, so binary option robots do have a significant part to play.

This is why it is so important to spend time researching binary options robots to make sure you get one that has all the features and tools you need to take your trading to the next level. This applies not only to those just starting out with binary options trading, but also to traders with a lot of experience who want to get involved in more complex and detailed strategies. Crucial among the features and tools you need are a high win rate and accurate signals. With Option Robot you get both, plus a whole lot more.

As far as binary options robots go, Option Robot is fairly new. You may not have noticed this, as the company has built up a large customer base for such a new operation. They have achieved this early success with their platform because of the level of service they offer. In addition, they have made the platform easy to use and have developed tools that help complete trading novices get a start with binary options. Our review will go into these features and more so you can see what you can expect from Option Robot.

Signals

Signals are a crucial part of successful binary options trading. You can create your own by analyzing charts and market data, but often there is too much going on for you to catch everything. Also, it may not be possible if you have other commitments. Option Robot has this covered, as it creates signals which you can use to place manual trades, or that you can set to trade automatically. You simply define the parameters, and Option Robot does the rest.

The biggest issue with signals in general, however, is accuracy. After all, there is no point getting a signal if it turns out to be wrong and you lose money on the trade. You would have been better off without it. Option Robot’s signals, however, have a good win rate. In fact, sometimes it is as high as 83 percent. As a result, you can trade with confidence even if you don’t have much binary options, investment, or trading experience.

Available Trading Systems

Trading systems are the foundation of any automated binary options trading strategy. They are the core principles that the robot uses to decide how much to stake on each trade. There are many trading systems available, and some traders develop their own. There are three main types, however, and Option Robot supports them all.

  1. Fibonacci system – the Fibonacci system is an advanced trading system that is actually more straightforward to implement than most. It also delivers high levels of accuracy. It uses the famous Fibonacci sequence of numbers to calculate the up and down trends of an asset. From this, the resistance level (price above which the asset is unlikely to go) and support level (price lower than which the asset is unlikely to go) are worked out. This makes it possible to predict which direction an asset’s price is likely to move next.
  2. Martingale system – this is another common system used by both advanced and new traders alike. In the Martingale system, you set an amount that you would like to trade. If that trade loses, the amount invested on the next trade is doubled. This continues until you get a win, at which point the amount you invest on each trade goes back to the original level. Like all systems, it has its risks, particularly if you have a string of losses. The potential rewards, however, are high.
  3. Classic system – if you have a low tolerance for risk, this is the strategy for you. You may make less money, but you should have lower losses over time as well, which often makes it easier to make a profit. The strategy is quite simple – the value of each trade stays exactly the same whether you have lost the previous trade or not.

Option Robot’s Indicators

Indicators are a great way to reduce your level of risk when you automate trading activities. Option Robot gives you a number of indicators to choose from. They include stock, trend, MACD, Williams, RSI, and CCI. Basically, these indicators tell the robot whether to make a trade and in which direction.

Where indicators become really powerful, however, is when you run two or more together. For the robot to place a trade, both indicators must have generated a signal and the signal has to be in the same direction for both. If this doesn’t happen the trade is not placed. It is, therefore, a good way of automatically identifying false positives and signals that don’t have a great chance for success.

Contact and Customer Support

You have a number of options when it comes to finding out information, asking questions, and getting help with Option Robot. The first is to read their blog. It is updated regularly and contains useful information on everything from the features of the platform to winning trading strategies. If you need something more specific, however, the first place you should check is the FAQ section. You might find that other people have had similar questions, and they are answered comprehensively here.

You will have to contact Option Robot’s customer support department if the FAQ section doesn’t provide the information you need. Unfortunately, there is only one way of contacting them – by email. The address is [email protected] Our experience is that they can sometimes be on the slow side to respond, but they always do respond and the information is helpful. As the platform continues to mature we expect additional contact and customer service options might be added.

Screenshot

Getting Started with Option Robot

You can get up and running with Option Robot in less than five minutes. The process starts by registering an account – you can do that by clicking here. You will have to enter some personal details as part of this process, but there are only a handful of fields to fill in and there is nothing unusual or complicated.

Once you are registered, the next stage is to deposit some money so you can start trading. There are a number of methods you can use to do this, including using your credit card or transferring money from your bank.

You can now set up your automated robot to start placing trades. You can access the settings for the robot by clicking on Auto Trade on your Option Robot dashboard. Here you will select the types of assets that you want to be included in your strategy. You also have to decide on an investment amount per trade, and set expiry times. That all takes just a few minutes, and from that point onwards the automated robot takes over.

One other thing you have to do is select a broker. You can do this manually by trying a broker out to see if they meet your needs, but most people go for the options offered by Option Robot. Those options include many well-known names that are regulated and have professional reputations. Examples include Banc de Binary and GOptions.

Summary

We believe Option Robot is doing a lot of things right so they will continue to increase the number of traders using the platform. One of the reasons for this is the fact that Option Robot is run by people with experience in the binary options and forex industries as traders. As they are traders rather than coders or marketers, they understand what other traders need and they have delivered this with Option Robot.

It is a particularly powerful platform for novice binary options traders. First of all it is free, so new traders with no experience do not have to make any investment. The registration and setup process is easier than most other platforms, and there are a lot of tools that let you set up a winning strategy even if you have minimal experience. In addition, experienced traders benefit from the range of advanced tools and the trading systems that Option Robot offers.

In conclusion, Option Robot is a binary options trading platform that we would recommend.

7 Binary Options Rating:

Automated Binary Short Review

Today we are taking a look at a fairly new piece of software in what is becoming a crowded market. The question is, is Automated Binary the real deal? Will it help traders beat the market by providing reliable, automated results you can confidently stake your capital on? Or is there something of the dark about it?

Because if you’re happy to put someone else’s software in charge of your trades, letting it buy and sell in your name and with your money while you’re otherwise engaged without first learning everything you can about the way it goes about its business, we just might have a bridge we’d like to sell you.

It isn’t, of course, quite as risky as we just suggested because – though it’s true that the software is making trades for you without your involvement (you’re not asked to press the ENTER key to say, “Yes, okay, go for it.”) – it’s you that sets the parameters on when the software decides to buy, sell, or do nothing.

It may not seem that way at first glance, but it’s you that controls it and you that decides on the trading strategy. To put it differently, if you make money in staggering amounts, it’s you who can take the credit. And if you lose, you’ll know who to blame.

What It Is

The central facts about Automated Binary are right in the name:
1. It’s automated. The software collects market data in real time, analyzes it, generates signals, and executes trades on behalf of the trader – you.
2. It’s binary. It’s for use by people who trade in binary options and work with more than one licensed broker.

The purpose of a signal is to alert the trader when trading options become available. Automated Binary allows you to choose between a very wide variety of signals, so you can use whatever you feel comfortable with and understand.

Automated Binary is cloud-based, so you’re not going to be downloading anything to your own computer. A feature we like is that your connection has to be switched on. If you have no live connection, it won’t place any trades for you, which makes it easier for traders to be in control of trades, which matters with this software because…

You’re in Charge

  • It doesn’t matter how central or how peripheral to the system a parameter may be, it’s the trader who sets it. You choose:
    Which assets you’re going to trade (though no binary options trader should ever forget that there is no underlying asset to her or his bet – something regulatory bodies would have as a caveat on every trade);
  • The permitted number of simultaneous trades;
  • How much to bet on each trade; and
  • Which indicators to use.

That may possibly be the highest level of control given by any binary options system. Automatedbinary.com is binary options trading for adults.

Screenshot

Getting Started

Go to the website, click , and type in the personal details you’re asked for. Don’t try to avoid this in order to trade anonymously; the system doesn’t permit that. Choose a broker – several are offered to you – and open your account with that broker. Make a deposit. Now you can start trading! However, we suggest you don’t until you’ve gotten to know and feel comfortable with the system, which you will do by…

Putting it to The Test

Let’s be clear, here: binary options trading is gambling – informed gambling, but gambling – you’re betting that you know which way a particular index or price is going to move; and you’d better be right more often that you’re not because the percentage of your stake that you “win” when you get it right is always less than the 100% of your stake that you lose when you’re wrong.

So, selecting the signals you’re going to tell the software to follow is a vital part of setup, and we recommend you use the demo option, trying out a variety of signals and limits without risking your own money, until you’re completely at home with the system. You do this by using the $50,000 the system gives you for this purpose.

It isn’t a real $50,000, of course. It’s virtual money and you risk it in virtual trades, learning how the software works and how to use it and then making trades until (or this is the hope) you feel sufficiently secure to start trading for real. Once that happens, you’ll be covering your own losses, but you’ll also be able to draw out your profits, which, of course, isn’t possible with any virtual money you win by getting the trades right.

We recommend that anyone, including seasoned traders, go through some virtual trades before starting to use Automated Binary “live,” because every system has idiosyncrasies that you don’t know about till you fall over them.

We also recommend that anyone who loses the whole of the virtual $50,000 should forget about binary options trading. This software is so good when compared with a number of offerings that if you can’t make it work, you probably shouldn’t be trading.

How Automated Binary Generates Signals

These are the market indicators that Automated Binary uses to generate signals:

  1. Stochastic Oscillator
  2. MACD
  3. RSI (Relative Strength Index)
  4. Trend Indicator
  5. Williams Indicator
  6. CCI

A software review is not the place to explain how these market indicators work. We assume that if you’re thinking of using an automated trading program of this sort, you understand them and that, if you don’t, you’ll carry out your own research before starting to use them to initiate trades. You can use indicators separately and in a vacuum, or you can combine two or more of them. Automated Binary will understand what you are trying to achieve and will produce trading signals accordingly. We recommend that approach because no indicator is entirely satisfactory on its own. The most dependable and profitable trading will come from combining most of the indicators or all of them.

How Automated Binary Conducts Trades

Automated Binary conducts trades the way you, the trader, tell it to – as long as you tell it to use one of these three methods:

  • The Classic method
  • The Martingale, or Compound, method
  • The Fibonacci method

It’s your choice, but it isn’t a once-for-all election – you can change it whenever you like.

The Classic method will be preferred by most neophytes since it minimizes risk. It also minimizes profits though, so experienced traders may want to move on to the Martingale. The reason it is also known as the Compound method is that it doubles up after each loss until there’s a win. You can make the most money that way, but the price you pay for that prospect is that you can also lose most, especially if you run out of money before the losing trend has turned around – something every binary options trader should be aware of. Finally, there’s the Fibonacci method for those who believe that patterns are reiterative and that what a market did in the past, that market will do again.

Our Verdict

No one involved with binary options trading can be unaware of the number of scams around. Is Automated Binary one? We don’t believe it is.

Part of our confidence in the software comes from the well-regarded and prestigious brokers who have signed up to provide services to Automated Binary users. We don’t believe they would have done so unless they had investigated the company and found it to be reputable.

We’d feel even happier if the website had a physical address and the names of the people involved. These are important indicators of a website’s bona fides, and they’re not present.

That being said, and subject always to the proviso that binary options trading is risky and you can lose everything you have (and a lot that you don’t have), we regard the system as offering some excellent trading options for those who understand what trading is about.

While there may be no addresses and executives’ names, there is also a welcome lack of those ridiculous claims of the huge sums to be won while ignoring the equally huge sums to be lost or that show the faces of people you don’t for one moment believe it says were penniless and are now driving Lamborghinis in Monte Carlo.

Our overall conclusion is that it’s probably an above average bet for binary options traders.

7 Binary Options Rating:

Binary Options Robot Short Review

The binary options broker that you choose is critical to the success of your trading efforts. That broker determines whether you use a platform that is simple and intuitive, or one that is complicated and challenging.

They also have a financial responsibility as they hold your money and process your deposits and withdrawals. In addition, good brokers provide signals that you can then use to place profitable trades. When you take all these things into account, one of the best brokers available on the market today is Binary Options Robot.

Screenshot

Eight Reasons Why You Should Choose Binary Options Robot:

  1. Profit potential – like almost every other trader in the world, your involvement in binary options trading is to make money. That means you need a robot that is good at delivering high rates of return. If they can do that while keeping your investment levels low, all the better. Binary Options Robot meets these criteria as it has rates of return that are as high as 83 percent. In fact, that is one of the best rates of return in the industry and you will be hard pressed to find a broker that offers more.
  2. Platform functionality – Binary Options Robot offers a trading platform that is attractive, uncluttered, and easy to use. In fact, even novices will find it easy to get started. All the information and tools that you need to make money in binary options trading are available. In addition, you will get signals that are among the best in the industry. The signals are created by complex algorithms that work alongside professional traders. This combination of mathematical computational power and human experience is what gives Binary Options Robot a win rate of over 80 percent. So you can expect that up to eight out of 10 trades you make will generate a profit – that is the foundation of a successful strategy.
  3. Available assetsthe more assets that a binary options broker offers, the more opportunities you will have to make money. This particularly applies if all or part of the signal generating and trading process is automated. After all, an asset could generate an accurate signal but you will never know about it and you won’t be able to place a trade on it if your trading platform doesn’t offer it. This is why Binary Options Robot offers as many assets as possible to its traders. You will be able to find assets you are familiar with and prefer to trade on, plus there are others that you can use to expand your trading strategy.
  4. Web-basedyou don’t have to download anything in order to use Binary Options Robot. This is because it is a web-based system that you access from your web browser. This offers a number of benefits. Firstly, nobody likes installing more software on their computer than absolutely necessary. Secondly, managing installed software is a headache, particularly when you have to update it. Neither of these things is an issue with web-based software. Every time you access Binary Options Robot, therefore, you can be sure you are using the latest and most secure version of the platform.
  5. Support – Binary Options Robot is used by traders all over the world, so customer support is available round the clock. The customer service team is knowledgeable, friendly, and approachable, plus they work hard to resolve every query as quickly and efficiently as possible. They are also responsive, so you won’t have to wait long to hear back from them. You can normally contact the team via a method of communication of your choice, including live chat, email, and phone.
  6. Bonuses – some binary options brokers offer the world when it comes to bonuses, but they unfortunately rarely deliver. This is not the case with Binary Options Robot. The company offers generous bonuses and, in our experience, it always delivers on its promises. Of course, there are terms and conditions attached to any bonus – you would not expect anything else from a professional trading platform. However, the bonuses are real and substantial. They include a welcome bonus as well as ongoing bonuses that will help keep your balance healthy so you can continue to trade.
  7. Works on any device – the internet has moved away from desktop-only services, and the binary options trading industry is no different. This is driven by consumer choice – consumers want to use their mobile phones as well as their tablets, desktops, and laptops. Any modern and forward-thinking binary options trading platform has to cater to all these users. Binary Options Robot does this better than most, as all its features and tools work just as well on mobile as they do on a computer. All you need to make it work is internet access.
  8. Tools – Binary Options Robot offers you a number of tools that will help you make maximum profits and get better as a trader. This includes training materials, how-to guides, and other educational tools for binary options trading. Examples include video tutorials, trading charts, eBooks, manuals, and webinars. You also get a number of tools that you can use while actively trading and researching assets. This includes detailed asset information, price data, and easy-to-read charts.

These eight points only skim the surface of the potential and power of Binary Options Robot. It is an honest platform, and it is set up to make it as easy as possible to create and implement a successful binary options trading strategy. It is a one stop shop, and it is not surprising that so many people select it as their trading platform of choice.

7 Binary Options Rating:

Short Casumo Review for Online Casino Fans

Some people have decided that they like online casinos more binary options trading, and I understand why: sometimes it’s not easy to find the edge in trading, and many people trade just for fun or excitement, so then the difference between playing at online casinos and trading binary options is not very big anymore.

Being big online casino fans ourselves, we at 7binaryoptions.com have thought about making recommendations also regarding online casinos, and it’s easy to recommend Casumo Casino, Mr Green Casino and Rizk Casino as the three best online casinos for new players. They have very good first deposit bonuses and awesome free spins offers as well, not to forget good live dealer games.

These best casinos have also excellent game variety and overall quality, not to forget the safety and reliability, so you can’t really go wrong with these online casinos.

Binary Options Strategies

Why To Use Strategies While Trading Binary Options

There’s no doubt that financial instruments can appear intimidating. When news about the financial markets appears on TV, you’ll often see financial traders sweating over complicated-looking graphs on multiple computer monitors or barking at each other across crowded trading floors. The commentary will describe exotic investment vehicles that can seemingly only be understood by people with PhDs in rocket science. To be clear, there are financial instruments that are very hard for the layperson to understand, but that’s not true of all of them.

Binary options are more popular than some investment vehicles because they are less complicated. There’s a clue in the name, ‘binary,’ because as an investor you’re only having to choose between two options: will the value of an asset go up over time or down? Traders will place a bet on whether the price will increase, which is called a call, or decrease which is called a put. So, in terms of probability, you could look at binary options trading as a bit like gambling on a coin toss.

Minimising Risk

Now, having said that, binary options trading carries a high level of risk and can cause you to lose all of your funds, and it’s because of this risk that binary options strategies are so important. You can trade safely if you do your research and put effective binary options strategies in place. We’re going to help you spot the market signals that will help you to do just that.

For a start, here are your golden rules:

  • don’t invest all your capital at once
  • be aware of how your asset is moving before you invest
  • never invest more than 10% of your total equity in a placement

Reasons to Use Binary Options Strategies

Although we think binary options strategies are worthwhile, you could just as easily go with gut instinct, flip a coin or consult a horoscope to help you decide what to do. You might even be successful here and there, but long-term this is a surefire way to lose all of your capital. Probability won’t let you win with random behaviour, any more than it will let you win 50 consecutive coin tosses. To win consecutively as a trader you will need binary options strategies, and we are using the plural because you will need more than one.

Binary Options Strategies – Description and benefits

The main reason to use any trading strategy is that it will stop you from making emotional decisions. As a trader, all of your decisions need to be grounded in logic and rationality. There is very little room for hunches or luck. The other benefit of using binary options strategies is that they allow you to do active ‘field research’, meaning that if you take a defined approach to each investment and document it, and may be it fails, then you can tweak and refine it, and if it succeeds you can use it again and maybe try to improve. The markets are your laboratory where you go about testing your trading strategies, over a set number of trades and a set period of time. When you hit your time limit then you can look back and ask yourself whether your strategy is working, is it making you enough money, could it be improved etc.

Any other approach is going to leave you guessing. If you base your trades on guesswork, then you won’t know why they succeeded or why they failed. Using binary trading strategies will give you something more concrete to base your future adjustments on.

It’s important to know not just why you succeeded or failed, but why you succeeded or failed. Conducting a series of stand-alone trades with nothing to link them is as reckless as hoping for those 50 consecutive heads to come up in a coin toss marathon. When you trade, you shouldn’t just be crossing your fingers each time and being surprised by every outcome. And long term, the law of averages says that the best thing you can hope for is to break even, which is no way to make a living. It may not even be a feasible ambition because to break even you have to win more than you lose, and that seems highly unlikely without binary options strategies.

Money Management Strategies – What They Are and Why You Need One

A lot of people fall into the trap of developing a trading strategy but not a money management strategy. It’s all very well choosing what kind of asset you want to trade and how much risk you want to be exposed to, but you also need to give some thought to money management, because it will help you to build the kind of account balance that will see you through bad periods and help you sustain winning streaks.

Let’s consider the effects of having no money management strategy on someone who gambles a tenth of their balance on a single trade. If the trade doesn’t win, they now have to increase their account balance by 20% just to break even. If three trades in a row go south, then they will need a 30% jump in their account balance to get back to the breakeven point. This is a common scenario that can dig you in deep quite quickly.

Lots of losing streaks are longer than three trades, so you can see how money management strategies play an important role within binary options strategies. Without a good money management strategy, you will undermine your efforts even if you have a good trading strategy in place. Losing streaks will inevitably happen, so you must have a plan to deal with them.

Analysis and Improvement Strategies

There is no Rosetta Stone of binary trading strategies. The only constant with the markets is change, so the best traders need to adapt all the time. You could say they constantly evolve, even when they’ve become highly successful. It’s not like there’s a magic point that they get to where they know everything, and every trade they make is a winner. That day never comes. But they do get to the point where they analyse every trade deeply and thoroughly. If there’s any magic then it lies there.

By analyzing and improving your trading and money management strategies you’ll remove the parts that aren’t working, refine the parts that are and become more profitable over the long term. Even if you’re already making money, but you aren’t trying to constantly improve, who’s to say that you aren’t actually leaving profits on the table?

Types of Binary Options Strategies

There are three common elements to binary options strategies.

  • Using signals to guide you
  • Deciding how much of your funds to trade
  • Constant refinement

To create a successful strategy, you need to understand as much as you can about every aspect of it. Here’s how to do that.

Step 1 Using signals to guide you

A signal is something that tells you that the price of an asset is about to move one way or another. Asset prices move all the time of course, but what if there was something that could let you know which way it was going to move before it happened? There is, and we call this thing a signal.

Signals can be created using news events and/or technical analysis. Getting signals from news events is probably the more common one among new or inexperienced traders. Things like company announcements, industry announcements, governments releasing inflation figures, these sorts of things can all be viewed as signals that can affect prices.

If you want to develop a working strategy, then you need to think about what news events to expect and when. Most binary options trading platforms will feature economic calendars, so you’ll be informed that in a couple of days’ time a firm’s earnings reports are due. This kind of pre-warning will help to inform your analysis.

The best binary option trading platforms will also let you know what’s expected in that earnings report. This will help you to make decisions about which way the market is going to move before the report comes out.

A news-based approach to trading has the benefit of being fairly easy to learn and understand. It’s not like you need to gain secret knowledge. You’re just taking common knowledge and thinking about its implications for the asset that you’re interested in.

The disadvantage of news-based signals is that they don’t stop markets being unpredictable. For instance, if an earnings report shows that a company has boosted its profits, you might think that that’s a positive result. But that same report might suggest that profits were expected to be higher, or that the company expects to face stiff competition. There are all sorts of unknown quantities that can spook the markets and pull the rug out from under that good news.

Technical analysis gives traders a narrower view than that offered by the news. It focuses on how an asset price moved in the past, with the aim of finding patterns that may offer clues about how the price will move in future. This is an area that can become a rabbit hole of complexity—make no mistake—but the underlying principle is fairly straightforward. You try to work out future behaviour of an asset price based on its past behaviour.

So, the question is, which one of these binary trading strategies should you be using; a news approach or a technical analysis approach? Well, everyone is different, with different strengths and weaknesses, so the best advice we can give to you is to try them both and see which one works best for you. Either of them can bring you success if they gel with you.

Now, you may be wondering how much that little experiment is going to cost you. What if you’re terrible at using the analytical approach and it ends up costing you a fortune? Well, there’s no need for concern. Most decent brokers will be able to offer you a demo account to practice on. You’ll have full access to the trading platform, you won’t be using real money. You’ll get the chance to trade in binary options with zero risks. Sure, you won’t make any money with your demo account, but you won’t lose any either. Instead, you will have an ideal testbed on which to see how your strategies play out.

The last thing to say about signals and strategies is to concentrate on the short-term. Some investment strategies try to predict asset price shifts over long periods of time, even up to a decade. In binary options trading, you’re not really interested in this kind of information. You’re more concerned with what the price will do in the next two minutes, or hour or day.

Step 2 – Deciding how much of your funds to trade with

Money management strategies vary in their complexity. A simple one will have you investing the same amount for every trade, but it’s risky and doesn’t take your overall level of profitability into account or how much capital you have at your disposal. So, we only mention this because you might hear it mentioned and we want you to avoid it.

Another one that you may hear about is the Martingale money management strategy. The idea behind this approach is to recover from your losses as quickly as possible by increasing the size of your trades after each loss. For instance, you could set an amount of money that you will trade with, and if you experience a loss then you double it. If it’s successful then you aren’t just back to where you started, you’re ahead.

It shouldn’t be too hard to see that there is a problem with this strategy. Namely, if you experience a losing streak that won’t quit then the Martingale strategy would have you increasing your investment on every following trade. So, if you had a run of 11 straight losses, number 12 would be a gamble that was 2,048 times bigger than that first trade. Unless you’re a billionaire, it’s going to be hard to keep that kind of optimistic speculation going.

It all comes down to how good you are at making predictions and how good you are at ending losing streaks. You need to keep in mind that there are no certainties in binary options trading. Even surefire trades that you would stake your life on can end up losing, and losses can easily turn into streaks, even if you’re the best trader in the world because at the end of the day nobody has a crystal ball. That’s why the Martingale money management system is not for everyone. It does have its place, but it needs to be employed with caution, so it may not suit beginners.

A percentage-based system doesn’t come with as much risk, so it’s the one that the majority of traders usually prefer, especially binary options trading newbies. It’s a fairly simple concept. The amount of money you put into a trade is based on the amount of money you have in your trading account. It’s kind of the opposite of the doubling down approach that the Martingale strategy uses because after each losing trade your subsequent trades will be for lower amounts. But if you win, your following wagers will be for greater amounts, because your account balance will have gone up.

This conservative approach is designed to preserve as much of your capital as possible so that you can trade for as long as possible, and it gives you the best possible chance of clawing your way back from successive defeats and capitalizing on your successes.

The only variable for you to consider is what percentage of your balance to use. Typically, a trader who is not risk-averse will probably go for around 5%, while everyone else will probably prefer something nearer to 2%.

As an example, let’s assume you feel comfortable with 5% of your balance being invested in a trade. A $500 account balance gives you a $25 trade. If your balance dropped to $300, your trades would now be only $15. If your balance rose to $800, each trade would be $40.

With this strategy, you will only be gambling with what you can sustain. It’s a measured approach that adapts to your current situation and prevents you from throwing good money after bad when you eventually stumble into a rut of successive losing trades, and it won’t let you become overconfident if you win a few either. For these reasons, it’s one of the binary options strategies that’s hard to fault.

Step 3 – Constant refinement

Diaries aren’t just for moody teenagers. They are also essential for developing you into a better trader. It doesn’t matter whether you have a little black book or an Excel spreadsheet. Whatever works for you. The important thing is to record every trade that you make so you can build up a body of ‘evidence’. In time you’ll have a detailed history of what works and what doesn’t, and that will help to ensure that the trades you make in future are successful more often.

A diary is like a silent partner for beginning traders. It allows you to look back at trades and give yourself good advice. Try placing trades based on both technical analysis and news events signals but record them separately in your diary so you can see which one works the best for you. When you’re involved in the day-to-day business of trading, you may not realize exactly how you’re approaching it, but your diary will always tell you the truth. So, for instance, you might think that technical analysis suits you best because you’re getting twice the profits that you’re making with signals. But your diary will tell you that you’re actually spending twice as much time studying technical analysis, so it’s an unfair comparison. Maybe you’re getting greater returns per hour of invested time looking for news events signals. Only your diary can tell you.

A trading diary also delivers the kind of granular detail that is essential to fine-tuning any of your binary options strategies. This is important when you get to a decent level of competence and are only looking to improve by small amounts—icing the cake so to speak. But you can only do this if you understand the details of what you’re doing well enough to tweak them.

Don’t forget to use your trading diary to check every aspect of your trading strategy, including money management, your choice of assets, and the size of each trade.

When you get in to the detail, consider noting which days of the week are best and which times of day are best for the best results. Do you perform better with some brokers and some trading platforms? Make a note of it; it’s all-important.

Having said all that, try not to succumb to information overload. Although you’re recording everything you don’t have to change everything at the same time when you’re trying to refine your approach. If you do that it’s hard to know which aspect of the change worked. If you change broker and then asset class and then trade amount all at the same time and you have a run of successful trades, how will you know which one of those three things that you changed contributed to those successes? It is far better to change one thing at a time, then you will know that it was responsible for the change.

Binary Options Trading Strategy Examples

Let’s take a more detailed look at some binary options strategies. The ones listed below are some of the most frequently used, but there are plenty of others available as well. As you learn more, you’ll no doubt come across traders who split, combine and adapt their binary options trading strategies to suit their own goals. You’ll probably be tempted to try this kind of thing yourself, but it’s important when you start out to learn the basics and save the customized approach for later. Whichever one you choose, don’t forget to combine them with a money management strategy too.

Asset prices usually move in line with a trend. You’ll often see a zigzag of ups and downs that are actually all part of a larger upward or downward trend. When you understand the shape of the trend you begin to see that the zigzag movements can be predictable in certain situations, and when you can predict those movements you have an opportunity to execute profitable binary options trades.

To put it simply you have a couple of main options: you can gamble on the overall trend or on each of those zigzags. Trading the overall trend means looking at the big picture. You’re not interested in trying to capitalise on the minor ups and downs of an asset price. Instead, you are looking at a shift in price over the longer term.

Trading on swings in price requires that you place more trades, which is inherently riskier but potentially more rewarding.

Upward trend – New highs and new lows will usually be higher than past highs and lows in an upward trend.

Downward trend – New highs and new lows will usually be lower than past highs and lows in a downward trend.

Of course, you shouldn’t lose sight of the fact that you are free to use both approaches to trading. It’s a free country!

One of the most frequently used ways of trading trends is with High / Low options. Every binary options trading platform will offer this kind of trade. With a high option, you’re betting that the price will go up and with a low option you’re betting that the price will go down. The only variable is the period of time during which you think this will happen.

A riskier, but potentially more profitable variation of this is called a one-touch option. Instead of just betting on whether the price will go higher or lower, you’re predicting whether it will hit a specified number called the target price.

Example 2 – Trading on News Events

This is a fairly popular type of trading strategy. You will use the news as your source of intelligence. When a company reports greater profits or a new and exciting product then the theory states that generally, this will cause more people to want to own shares in that company and this demand will push up their price. The opposite is true if the company announces bad news of some sort. In both cases, binary options traders are in a position to make money if they can anticipate the direction of the next shift in the share price.

The downside of this type of approach is that it is not clear cut. When you trade on the basis of news events you place your fortune in the hands of fate.

So, it’s a good thing that there are other strategies that you can take to increase your chances of successfully trading binary options. Here are three of them.

Boundary options – when you’re certain that an asset price will change but you can’t be quite sure which way it’s going to go then a boundary option can be really useful. With it, you set two target prices, one of which is below the current price and one of which is above. The difference between them is called the price channel. If the asset price passes either of them then you win. If it only moves inside the channel then you lose.

Trading the breakout – The breakout represents a window of opportunity. It’s the time, anywhere from 30 seconds to several minutes after a piece of news about an asset goes public. It’s the perfect opportunity to use a high/low option because it’s here that traders will try to limit their losses or alter their positions for profit, and so it’s here that you’re likely to see significant fluctuations. You’ll sometimes hear breakout trading being called the 60-second option because the timeframe is literally that short.

Intelligent High / Low trades – it seems counterintuitive, but sometimes good news may result in falling prices in the markets. That’s because even though the news may appear to be good on the surface, such as a rise in manufacturing productivity, if the markets were expecting a greater rise then the news comes as a disappointment which they will then adjust for. If you can predict when such things will happen then high/low trades can help you to profit from them.

Example 3 – Using Candlestick Formations

As a new trader, you might find this strategy the most difficult to understand, but the good news is that once you do it is going to be the simplest one to put into practice and profit from.

When you look at a typical graph of an asset price then you’ll be looking at an oversimplification that features a before and after. If you want to know more (and you do) then look to candlesticks to fill in the details.

Candlesticks appear on an asset’s chart over time. The bottom of the Candlestick indicates the lowest price it reached during a particular time period and the top indicates the highest price it hit. In the middle you will also see the opening and closing price, so a candlestick gives you an easy to digest view of the price range fluctuations for that asset in that particular time period.

Now the way to use candlesticks in trading is to recognize different formations of them. Once you can do this you can better understand which way the price will go next.

For instance, if you see a candlestick with a gap then that means the asset price jumped significantly higher or lower. Gaps are unusual because prices usually move in a much more gradual fashion, hitting the majority of price points on the way. When one appears during a period of low trading volume then it’s telling you that there is likely to be a quick correction.

This can happen just before a market closes for the day when there aren’t many traders left placing trades. The gap can be produced in this situation by large trades, but that doesn’t mean that the asset is strong. Maybe the gap wouldn’t have appeared if more trading had been going on, so knowing this you can estimate the gap in the price of this asset and use that information to plan your trades.

If gaps appear when trading activity is high, but the price is not moving much then this can indicate that there may be a new breakout, or surge in that direction. Again, use this information to your advantage when you trade.

If a gap appears when trading volume is normal and there’s a trend in one direction, it might suggest that the trend is accelerating. Good intelligence to have for your next trade.

Developing a Binary Options Strategy Without Risking Money

If you’ve taken all of the advice in this article on board then you’ll no doubt be wanting to test your new binary options strategies, but you still might be reluctant to get your feet wet when you are aware of how easy it is to lose money. You don’t want to blow all the money in your trading account on testing out your theories, do you?

That’s where a binary options demo account comes in useful. Every half-decent broker will let you use their trading platform demo fashion, gambling nothing more than numbers on a screen instead of money from your account. It’s probably the best way there is to start testing (and recording in your diary, naturally) your binary options strategies, without losing your shirt.

The Strategies

One of the beauties of binary options trading is that there is virtually no limit to the kinds of assets that can trade in. Trade on those assets that are most familiar to you such as euro-dollar exchange rates. Consistently trading a single asset will help you to gain that all-important familiarity with it to help you predict changes more easily. There are two types of strategies explained below that can be of great benefit in binary options trading.

1. Trend Strategy

This is a popular strategy, and it is also called the bull-bear strategy. To implement it you’ll need to keep an eye on the rising, declining and the flat trend line of the traded asset. If you see a flat trend line and think that the asset price is about to climb, use the No Touch Option.

If the trend line shows that the asset is going to go up, choose CALL.

If the trend line shows a decline in the asset price, choose PUT.

This method works just like the CALL/PUT option but in this instance, you decide on a price that the asset mustn’t hit during the time period you specify. So, save Facebook’s share price is $490 and the trading platform says the No Touch price is $495. If it doesn’t hit $495 during the time of the trade, then you win.

2. Pinocchio strategy

Use this strategy when you expect the asset price to fall or rise dramatically. Choose ‘call’ if you think it’s going to go up or ‘put’ if you think it’s going to go down. This one is best tested on a demo account before you go live.

3. Straddle Strategy

This approach is best used when the market is volatile and when you’re expecting significant news about a particular asset to break. This is a strategy that’s much respected throughout the world of trading. It lets you avoid choosing between CALL and PUT; you put them both on the selected asset instead.

The overall plan is to use PUT when the asset’s value has gone up, but there is a suspicion that it will go down again soon. As soon as the decline starts, put the CALL option on it, because you expect it to rebound soon. You can also use this strategy in the other direction, by placing CALL on a low-priced asset and PUT on a rising asset value. This boosts your chances of success by covering you in both directions. The straddle strategy is a favourite of traders when the market or asset is tending to fluctuate.

4. Risk Reversal Strategy

This is one of the most popular binary options strategies because it’s designed to reduce the amount of risk involved with trading and boost the likelihood of securing a profitable trade. With this approach, you place CALL and PUT options on an asset at the same time. This can really help when assets are volatile.

5. Hedging Strategy

This is another one of those binary options strategies where you place both call and put positions, with strike prices that overlap. The thinking is that at least one of them will pay out. You can make more than if you just select one option, and if you lose then it will still be a lot less than the straight loss you would suffer from just one option. It’s a useful tool to add to your trading bag of tricks.

6. Fundamental Analysis

Binary options strategies almost always require that you have knowledge of the underlying assets that you are effectively gambling on. The theory with fundamental analysis is that you really go to town on understanding the business whose share movements you are interested in understanding. To do this you need to get to grips with things like their earnings reports and financial statements.

As a trader, this review helps you to understand how the company has been performing and how its stock reacts to particular market news. If you know well enough what kind of shape the company is in and what kind of events have caused its share price to fluctuate, then you’ll be much better placed to predict and therefore profit from future changes.

We hope that this guide has been useful in preparing you to take your first steps with creating your own binary options strategies.

Binary Options Guide: The Truth About Binary Options

Trading binary options can seem deceptively simple, but leaning too far into that notion can blind people to some of the risks that often accompany this type of trading.

Before I go any further, I want to make it clear I’m not a binary options trader. I trade penny stocks and teach day trading. I’d love to see you join the Trading Challenge — it’s the result of over two decades of trading and a decade of teaching. It’s awesome.

If you’re interested in taking the binary options path, it’s critically important to understand exactly what you’re getting into and set appropriate expectations. And you should get a mentor who trades binary options. Seriously. Preparation is key.

Again, I don’t trade binaries. For the most part I think they’re scams. Can you trade them successfully? There are successful traders in every niche. But most traders lose. That’s the reality of the industry.

It doesn’t matter if you’re trading forex, penny stocks, options, big caps, or … binary options. Most traders lose and most trading teachers don’t want you to know about it. So I’m going to tell you about binary options in this post. But I don’t trade them and I don’t recommend it.

Will trading binary options enable you to buy a villa in the South of France next year? Probably not. Will they allow you to quit your full-time job and finally start on that novel you’ve always wanted to write? Don’t count on it.

Here, we’ll take a look at what binary options trading is all about and you can decide whether it’s right for you. As you read, keep in mind that binary options are getting outlawed in more and more countries. Companies are getting shut down. Or they’re based overseas in places where you can’t sue them. More on that later.

Table of Contents

What Are Binary Options?

Before we dive into specific binary options trading strategies, let’s review exactly what binary options are. According to Investopedia’s definition:

A binary option, or asset-or-nothing option, is a type of option in which the payoff is structured to be either a fixed amount of compensation if the option expires in the money, or nothing at all if the option expires out of the money. The success of a binary option is thus based on a yes or no proposition, hence “binary”. A binary option automatically exercises, meaning the option holder does not have the choice to buy or sell the underlying asset.

At the core, binary options are based on a yes or no proposition. You must decide whether you believe an underlying asset will be above or below a specific price at a specific time.

Binary trades are ruled by expiry times. These time constraints indicate how long you have to make your predictions regarding whether you believe an underlying asset will be above or below a specific price at a specific time. Once the expiration limit occurs, your predictions determine whether you gained or lost money.

Expiration times vary from binary option to binary option. Some of these minimums are known as short expires, which means the expiration date is actually within mere minutes of the buy-in.

There are medium and long expiries, as well. For medium expiries, the deadline could be anywhere from two to five hours. Long expiries typically last between two and 24 hours. Many experts believe that longer expiration times can help make predictions easier.

What Are the Underlying Assets of Binary Options?

In order to participate in binary options trading, you must first have ownership of an asset that can be optioned for a fixed amount. The types of assets common in binary options include stocks, indices, commodities, and currencies. Many binary traders chooses to trade with stocks, as this option can allow them to get high returns within a short span of time.

Along with indices and commodities, currencies are another popular binary option vehicle. Since currencies are liquid and often subject to dynamic price fluctuation, many traders choose to analyze their binary options across the complex — and often shifting — global currency market.

A quick aside since we’re talking about forex. Be aware that the forex market is among the most difficult to trade. Why?

Because it’s the biggest and most liquid market in the world. You’re up against the smartest, richest, and often most experienced traders in the world. Personally, I don’t want to compete against that. Plus, the forex markets move so fast on news you don’t have access to, that there’s no edge whatsoever.

And now, a new asset has emerged: cryptocurrency. I don’t trade crypto, either. I’ve traded the random crypto-based stock. But this is a whole niche unto itself and I’m happy with penny stocks. Crypto has its own version of binary options — which is why I’ve included it here.

Led by Bitcoin, this new, digital currency class is intriguing investors around the world who see the digitization of finances as the way of the future.

According to Options Advice, there are two prominent ways you can capitalize on Bitcoin binary options. The first strategy is by trading on what you think the imminent fluctuation of Bitcoin might be, and the second is trading regular options with Bitcoins as your currency.

If you’re interested in taking the cryptocurrency binary options route, I strongly suggest familiarizing yourself as much as possible with the trends dictating the ebbs and flows of the altcoin market.

An entire niche financial industry has been built up around educating consumers and future investors of digital coins and tokens. From resources like Cryptoslate to ICO listing sites like Coinschedule, there are many resources available to help you make the most strategic crypto trading moves possible.

There are also a lot of scams. And strange happenings. Like when a crypto exchange CEO died with the ONLY key to $137 million in crypto. Ouch. More than 100,000 cryptocurrency holders learned a very hard lesson. Back to binary options …

What is a Call and What is a Put?

Two of the most common terms you’ll hear throughout the binary options world are call and put. These two labels represent the market positions of binary options.

You typically choose to call if it looks like the value will rise within the confines of the expiry time.

Options also have a strike price, which is the price at which the security would be bought or sold.

If you choose to call, you’re signifying your confidence that a stock will rise within the time limitations. If the stock valuation moves upward at all, you’ll receive both your initial investment as well as the return.

On the opposite end of the spectrum, a put signifies your confidence that the valuation of a stock will drop within a certain time limitation. So if you predict that a stock valuation will decline before the expiration date, and the stock does dwindle, you will have succeeded at that trade and will receive your initial investment — as well as the trade — back.

What Are Other Types of Binary Options?

Beyond call and put options, there are other distinguishing factors that separate binary options from one another.

This guide from Binary Tribune delves more specifically into binary options types based on the number of interactions a trader must initiate with the trade. The levels include one-touch, no-touch, double one-touch, double no-touch, and paired options.

Let’s take a look one-touch and no-touch options …

Essentially, a one-touch binary option indicates that in order for you to receive a payout, a trigger (or predefined barrier) must be reached. Traders often choose one-touch if they feel confident that a stock will move in a certain direction at a minimum amount.

The option only has to meet the predefined trigger level once (hence the “one-touch” term). However, as indicated by Binary Tribune, this strategy is often accompanied by some risk.

Beyond simply calling or putting, you also must feel confident that a certain valuation threshold will be crossed. However, with greater risk often comes greater reward.

In contrast, a no-touch binary option essentially depends on a trigger level not being reached.

Rather than hedging your bets that the valuation of a stock will rise above or dip below a specified amount, you’re betting that the trade will not dip above or below an amount.

Because you’re making the trade with the intention that a threshold will not be crossed in either direction, it’s referred to as “no-touch.” Like their one-touch counterparts, these trades come with greater reward — and risk — potential.

I liken one-touch and no-touch calls and puts to something like an electronic stop-loss. The problem is, you don’t have control. You’d better be damned sure you’re right. Which is impossible.

What Are the Pros and Cons of Binary Options?

Now that you understand binary options basics and the different factors between them, you might be wondering whether this type of trading aligns with your goals. Let’s weigh the pros and cons.

We’ll start with the benefits …

Low Barrier to Entry. You don’t need a masters in economics to engage in this kind of trading. For this reason, many first-timers enter the trading arena through buying and selling binary options. Comparatively, binary trading is relatively simple. When compared directly to other types of trading, including quantitative or arbitrage, trading binary options is straightforward.

Fast Returns. Many traders are eager to see fast results and liquidate within a specific time frame. Those who play the long game (investors) are typically most concerned with growing their money steadily over long periods of time. Many opt to invest in index funds, IRAs, or bonds. Trading binary options is fast paced.

Thing is … you can get all the speed you need trading penny stocks. So, while binary options might be a fast game, the reward might not be worth the risk.

High Rewards. Binary options trading is touted by those who promote it as high reward. It’s possible to receive up to a 70% return on their investments if your binary trades reach your expiration dates in the money. This high average return is what makes this type of trading vehicle attractive to many novice and expert traders.

As explained by Investopedia, the risk on binary options is capped off, so while the rewards could yield high returns, you can’t lose more than the cost of a trade.

Low Cost. If you’re just getting started with trading, there’s a good chance you don’t have excess capital lying around to snatch up shares of the fastest-rising stocks on the market. Binary trades offer an alternative to other types of investments that require high-capital buy-ins.

In theory, you can experiment with a binary trade for any amount you’d like, whether it’s $5 or $50. Starting small and working your way up to bigger trade amounts incrementally is a great way to learn the lay of the land.

As you familiarize yourself with expirations, strike prices and — if you’re interested in one- and no-touch options — triggers, it’s best to gamble with an expendable amount that won’t derail your entire financial status. Notice I used the word gamble — just sayin’.

Accessibility. Binary trading platforms make it easy to trade on any day and at any time. When it comes to binary options, traders aren’t necessarily beholden to standard market times and broker availability.

Now, let’s explore some of the disadvantages of binary trading …

Scams. Conduct any Google search on binary trades and one of the first things you’ll likely notice are the abundance of hits warning against binary scams and shady binary brokers.

Remember when I said I’d get back to the part about shady companies? Here goes …

… and I say this to protect and warn you.

Like I said, these companies are often based overseas. Places like Cyprus. (I have nothing against Cyprus. It’s a beautiful country with amazing people.) Anyway, these companies are based in places where you can’t sue them if they screw you.

Then you sign away pretty much your entire life in the forms they make you fill out. Your odds of winning are so low the brokers who do it are pretty much laughing at you. They’re laughing that so many people fall for this crap. It’s like going to the casino.

So, if you come across a binary broker that sounds too good to be true, it’s because he or she most likely is. And if you come across a binary broker who doesn’t let you liquidate your investment, run in the other direction.

Short term. Binary trades have expiration dates that are often fairly short windows of time. Given this, it’s impossible to use binary options as mechanisms for long-term investments. Which, of course, I don’t mind because I day-trade and teach day-trading. But if you’re looking for buy-and-hold investing, binary options aren’t the right solution.

Can You Really Make Money with Binary Options?

Short answer: It’s possible, but you MUST know what you’re doing. Like I keep saying. Most traders lose. Doesn’t matter the niche. I would never trade binary options. Ever. Your choice, I’m just tryin’ to keep it real.

If you’re serious about binary trading, start small. By making small trades and working your way up, you give yourself breathing room to assess market trends and develop the necessary skills.

As is the case with many types of trading, history is sometimes the best predictor of the future. Many successful binary options traders experience trading wins and financial growth because they’ve spent time studying and familiarizing themselves with market movements.

Wait. Does this sound familiar? Yep. You guessed it: you can’t cheat your way to success. Doesn’t matter the niche. I don’t trade binary options. I don’t recommend you trade them. But if you decide it’s for you then prepare yourself. Study your ass off.

Learning common candlestick patterns can make it easy to spot recurring trading patterns. If you want to understand candlestick patterns — and you do if you are serious about trading — I recommend you get a copy of the classic “Japanese Candlestick Charting Techniques” by Steve Nison. Doesn’t matter which niche you trade, this book should be on your bookshelf.

Of course, trading patterns are never 100 percent accurate, so don’t fool yourself into thinking of them as absolute stock predictions. However, the more you can learn about patterns and begin to recognize them yourself, the more likely you’ll be comfortable making your own options decisions.

Naturally, binary options contain risk. And by now you know my take. I pretty much think they’re scams. But there are differing opinions and some even consider them safe trading routes. I’m not gonna tell you not to trade them. I recommend you don’t. I’ll be interested to hear back from you. When you’re ready to trade the way I teach … apply for the Trading Challenge.

While it’s legal to trade binary options within the United States, they’re only available to trade on Commodity Futures Trading Commission (CFTC) regulated exchanges within the country.

Binary options traded outside the U.S. are structured differently to those traded here. You can learn more in this article on Investopedia: What You Need To Know About Binary Options Outside the U.S.

The Bottom Line

The good: Some traders like binary options because they are traded at fixed costs. You know where you stand.

The bad: Binary investments are too much like flipping a coin, there are too many scams, and your odds of winning are so low you might as well go to the casino.

The bottom line: Educate yourself like crazy. Avoid sketchy brokers. Start small and work your way up. Remain vigilant. Stick with these rules, and someday you might reach your trading goals. Will you do it with binary options? I doubt it. But you might prove me wrong.

Want to Try Binary Options Trading?

At this point, I hope I’ve shed enough light on binary options trading that you don’t do it. But … you might be thinking about giving binary options trading a shot. If you do, study your butt off. Get a mentor. Don’t screw around. The best of the best in every niche work with a mentor.

Trading — any type of trading — can quickly become complicated. Like any other sector of trading, it’s important to seek out an education before you attempt to invest in this way. I can’t help you trade binary options. But I can help you learn to trade penny stocks …

Is the Trading Challenge for You?

As a teacher I want to help my students forge long-term, sustainable careers as traders. The Trading Challenge can help you reach your goals through risk-averse, conservative trading.

Plus, my best students — those who have become millionaires themselves — join me in coaching you.

What do you get?

  • Wednesday morning live trading webinar. I show you live trades so you can see how it’s done. And it’s not only wins. These are true live trades. Sometimes I lose. But you’ll see how fast I cut losses and why I get out so fast when things turn against me.
  • Wednesday evening live lesson and Q&A. No matter where I am in the world. This is killer stuff.
  • Thursday live trading & review with Mark Croock. @thehonestcroock is at it every Thursday. You don’t want to miss this. Mark is one of my best students/teachers. He’s constantly in the challenge chat room alerting students.
  • Annual Penny Stocking Silver Membership. You need this. Thousands of hours of video lessons and archived webinars. Immerse yourself. This is how to get good fast.
  • PLUS: Two monthly bonus webinars by my top student Tim Grittani. It won’t take long to understand how Tim went from $1,500 to where he is now when you see how meticulous he is about his trades. Learn from a master.

WAIT! There’s more …

I always wanted to write that. Anyway, there is more, but you have to apply for the Trading Challenge to get it. Simple.

Will you be my next success story?

Conclusion

As you’ve now learned, if you study hard, start small, keep your scam radar on high alert, and stay educated, then becoming a successful trader is possible. But it’s not easy. So don’t even think about doing it if you’re not willing to work hard.

As for binary options …

Look, whatever you decide, it’s about how much time and effort you put into learning. I don’t think binary options are a good way to go. Plain and simple. But there are success stories.

If you’d rather learn what I teach, then apply for the Trading Challenge. But no lazy losers allowed. Seriously. Only join the Trading Challenge if you’re willing to work hard.

Are you a trader? Do you trade binary options? Comment below and let your fellow traders know how it works for you. Even if you are brand new, I love to hear from readers. Comment below!

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Brokers, Signals and Strategies
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: