Binary Options Investors Guide More Than A Number Game

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

How To Win In Binary Options

Before we can discuss winning in binary options and applying the recommended steps outlined below, we need to establish the type of binary options traders out there.

Before you start conjuring up images of speedboats, palm trees and Miami, let me inform you that winning consistently in binary options is not easy. It requires careful optimization of your odds.

To understand this better, let’s look at a case study of Don Johnson, a professional Blackjack player who beat the casinos for millions on numerous occasions. He now works as a consultant to casinos all over the world.

Basically, he was able to beat the biggest casinos in Las Vegas because he found a way to increase his odds by meticulous planning and almost scientific attention to details of each deal.

How is this relevant to binary options and trading, you may ask. Trading is also a numbers game. One really needs to understand the numbers of potential risk and profit in order to build a winning trading strategy that can produce consistent profits.

For example, there is a big difference in numbers and profits when you win 75% of the time and when you win 80% of the time.

It’s all about understanding your risk exposure and profit potential and optimizing the conditions of your trades to achieve better results and stay on the winning side.

Just like Don would carefully study the casinos and the options offered by them, a binary options trader should study the brokers to see which broker will offer the best odds.

In addition, a binary options trader must look at trading strategies that minimize losses and gradually increase trading profits.

Depending on your broker set up, on average you need to have a trading strategy that gives you at least 60% of wins in order to make money in binary options.

What works for some users may not necessarily work for others. Moreover, not everyone will be committed to do what it takes to win because motivation and character play a big role in that.

So let’s first meet the people who play binary options, as they can be clearly divided into specific groups based on their desires, motivation, available free time, and patience.

Types of the most common binary options traders

What works for some users may not necessarily work for others. Moreover, not everyone will be committed to do what it takes to win because motivation and character play a big role in that.

So let’s first meet the people who trade binary options who are not professional traders or trade for a living. We can assume that professional traders know how to use binary options effectively to enhance and diversify their investment portfolios. However, with the exception of few countries, binary options is generally open to all members of the public who are of legal age and have some money to invest or play with.

The most common types of non-professional traders can be clearly divided into specific groups based on their desires, motivation, available free time, and patience.

Jack – The Gambler who just wants to gamble

Meet Jack with a gambling personality. He loves the odds of binary options and the rush from 60-second trades online. Jack trades by looking at the tick chart provided by his broker and his gut feeling. He doesn’t do technical or fundamental analysis but he just believes in his luck and intuition. Sure, it landed him in trouble before, but when he is on a winning streak he can make it all back and then some. He approaches binary options like a roulette table in a casino. ‘One must dream big’, he often says.

ADVICE TO JACK – Take all your winnings and run. The longer you play the more you will lose because the odds in binary options are in favor of your broker. If you are in profit than you’ve already won. Now it’s the perfect time to stop.

Lucy – The Bonus Taker who gave it a shot

Meet Lucy who was initially very interested in binary options and has invested some of her money on trades as advised by her broker on the phone. Unfortunately she lost half of her investment already and is now desperate to win in back. Lucy also accepted the bonus offer from her broker and her account is now locked until she makes more trades. She is much smarter with her money than the reckless gambler and she understands that there is more to binary options trading than meets the eye. However, she is still at a university completing her degree and has no time to learn trading now. She is worried that she will lose her money completely if she continues to trade herself.

ADVICE TO LUCY – At this stage your best option is to use a professional signal service and copy the trades of professional traders. Yes, it is a paid service but it will at least allow you to compete at a level where you can actually start winning. Compare binary options signals here. If you don’t have time to learn and to practice trading now, using professional signals is your best option.

Dennis – The Trader with a goal to win

Meet Dennis who found out about binary options and got really excited about this new investment opportunity. Unlike Jack or Lucy he does not jump in to start trading immediately. He first opens a free demo account and places some trades. However he quickly understands that trading binary options is not a game and needs a serious approach. Dennis knows that he needs to learn to trade if he wants to keep winning and that he can not rely on everything his broker tells him. He read a lot of sad stories of people who quickly drained their trading accounts by paying heed to their broker’s suggestions and he is smart enough not to make the same mistakes they did. Dennis understands that he needs to have an edge over his broker in order to win in binary options and be profitable.

ADVICE TO DENNIS – Although Dennis is new to trading he quickly grasped that it is much more difficult and challenging that he initially thought. The advice to Dennis is to try to learn directly from a professional trader or other reputable sources and to practice as much as possible before trading on a live account.

Ilona – The News Trader

Meet Ilona who is a very clever binary options trader. She works as a secretary for a mining company and follows world affairs very closely. Ilona knows the mining industry quite well and trades binary options on news and recommendations she hears in the office or the press. She understands the connections between certain current affairs and the prices of commodities. She finds binary options platforms very easy to use and convenient. Ilona trades commodities like Gold, Silver, and Copper but only when she is quite certain of the outcome. Most of her trades are entered via a mobile application and last a few days. She usually wins but suffers an occasional loss too.

ADVICE TO ILONA – As a professional directly involved in the commodity market she has very good access to information and she uses that to her advantage. This edge helps her to beat the broker and make a profit in binary options. Although Ilona’s system has value she could benefit from confirming her trades with technical analysis. However this requires more time and additional set of skills to learn.

There may be other types of binary options traders yet these four types of people generally sum it up. Although some of them may win a few times, all of them will benefit from the following advice.

How to Trade to Win

About 90% of traders lose. Trading is not easy and there is much more to it than placing trades. A lot of trading is psychological but it is also about optimising your odds and controlling your risk exposure.

Below are the steps that should be followed before committing to trade binary options online. More importantly they should be followed by anyone who is serious about winning.

Understand how binary options work

This may sound very obvious but many people trade binary options without actually fully understanding how they work.

In a common scenario of 80% payout to a 100% loss you need to win 55.55% of the time to break even .

If you lose your trade than you lose 100% of your traded amount.

The good thing about binary options is that the rules are clearly defined right from the outset and it is impossible to lose more than your traded amount.

This is different from Forex or stock trading where due to slippage or huge sudden price changes, the trader, if not protected by the broker, can actually lose a lot more than the traded amount.

In binary options however, the brokers are the market makers and they set the odds to their advantage, similarly to a casino.

Open a demo account with a regulated broker

Trading with a regulated broker is much safer and more secure, but the broker needs to be regulated in the country of your legal residence. If you’re in the USA your only option is Nadex exchange. Instead of using an unregulated and dodgy binary options broker that might steal your money, use a long-established and fully regulated CFD broker, such as EasyMarkets. For more information about brokers please read our guide on how to choose a broker.

Always, always practice your trading on a demo account. Not only will this improve your strategy, timing, and platform experience, it will also prepare you psychologically for the real thing.

Practice your best trading strategy on a demo as long as it takes until you become profitable (in theory at least) Our advice is not to trade on a live account until you’ve grown your demo account by at least 100% making at least 100 trades using your tested strategy.

If you can accomplish this with your strategy you might be ready for the real thing, but make sure that your broker is regulated.

Trading with a regulated broker is much safer and more secure, but the broker needs to be regulated in the country of your legal residence. If you’re in the USA your only option is Nadex exchange.

Instead of using an unregulated and dodgy binary options broker that might steal your money, use a long-established and fully regulated binary options of CFD broker, such as Binary.com or EasyMarkets.

Familiarize yourself with your broker’s trading platform

Once you open a demo account familiarize yourself with the trading platform and all of its functionalities. Make various trades on a demo to see how the platform behaves and how it performs. Also read your broker’s rules and conditions for withdrawal before you make any deposits and begin to trade.

BONUS OFFERS – If you decide to accept a bonus offer for your initial deposit understand that there will be certain limitations imposed on your account, such as minimum amount of trades before your first withdrawal.

Choose an appropriate trading strategy

In order to win at binary options you must follow a trading strategy. You will not win by guessing. Your strategy could be based on technical analysis (charts) or/and fundamental analysis (news).

There are many trading strategies available but unfortunately what works for some may not work for others. You can view examples of some strategies by looking at our Free trading strategies section. The strategy you choose should take into account your time availability, experience and your skill level.

Use professional charts for technical analysis

Your broker will most likely offer online charts but many traders prefer to use third-party superior charting software for technical analysis. These include free platforms such as MetaTrader or ThinkorSwim .

Using better charting software will allow you to be a better trader. One of the greatest advantages is that you can add indicators and draw your analysis to your charts and it will stay there until your remove it from your charts. Your broker’s charts do not offer this type of flexibility.

All professional traders use dedicated charting software because it is more reliable and it gives them more information and better tools for analysis.

You may find that in order to run those professional charting programs you will require to update your computer, or get a dedicated computer for trading.

Practice your strategy and signals on a demo account first

In order to become confident and test your trading strategy use a binary options demo account. Only proceed to trading on a real live account if you’re winning on a demo account! Otherwise do not proceed to trade with real money.

In addition to trading on a demo account every serious trader should keep a trading journal in which all taken trades are clearly registered, including the reasons for taking the trades and their results. This should be done with utmost care so that it can form a basis for your trading on a live account. If you choose to subscribe to professional binary options signals you should first test them on a demo account to see how and if they work.

Understand risk management/exposure

All professional traders will agree that risk management is the most important aspect of trading. It is also the main reason why even good traders can actually lose money and ultimately fail.

Risk management should be studied on its own but for the purpose of this brief guide, it must be said that you should never trade more on each position than 5% of your investment capital. Many professional traders use 1% or 2% for each position.

If you deposit $1000 into your broker’s account, the maximum amount you should place on a trade is $50, which is 5% of 1000. We use percentage to indicate the trade amount as it is a relative number and should be adjusted with your capital.

If your investment capital increases to $10,000 the maximum amount for each trade could be adjusted to $500. Subversively, if you account decreases to $500 the maximum amount put on each trade should not exceed $25. To learn more about the subject read Risk Management 101.

Create and follow your trading plan

In order to win consistently one should create and follow a trading plan. The plan is basically your trading manual which is custom prepared for you, and only you. Your trading plan should include your strategy, your goals and expectations, and clearly defined rules of behavior. The good trading plan will help you to become a disciplined and a profitable trader.

Before you venture into the world of binary options trading please remember that it can be risky to your capital. Simply put, do not trade what you can’t afford to lose.

Compare binary options signals

Trading and/or betting on financial markets is mostly a numbers game, but it also requires a lot of discipline, patience, and self control.

If you are not a trader or simply don’t have the time to do your own technical analysis, your best alternative is to use professional trading signals that will help you win in binary options.

To find the right binary options trading signal or strategy, please refer to our free online guide about binary options signals. This guide also contains reviews and a comparison of winning binary option traders and professional signal providers.

Binary Options Guide

There are five types of Binary Options that all agree upon. Some may argue that there are more Binary Options types but basically there is a conscientious about the following five. I truly Believe that these are the main building stones for any Binary Options Guide.
Not all five of the Binary Options are supported on all Binary Platforms and you may find many variations to the basic types.For those of you who wish to Trade Options, this information might be very useful specifically for beginners who wish to get them self acquainted with terms used on the Binary Trade.

Cash or nothing

A trader speculates if an Asset will increase or decrease it’s value on a limited amount of time. Usually the reference point is the time that the trading begins, but there are many platforms that are flexible by enabling to define a different reference point. On this type of Binary Trade, a fixed amount of money is given when the speculation is correct. The amount given is not related to how sharply the Asset Increased or decreased its value.

For further reading about binary options trading strategies, please visit this post

Asset or nothing

Same as Cash or nothing,the major
difference is that there is no
reference point.
Further more, the amount of Cash
earned is based on how sharply
the Asset has changed it’s value,
during The Binary Option’s life time.
If you want to start binary trading,
read this beginners binary options
guide

One touch Binary Option

A trader is payed a predefined amount of money for an Asset, only if the Asset reaches a predefined value with in the Binary Options life time. When the Asset reaches that predefined point, the Trader gets payed with no regard for the time left for the option to expire. Usually the leverage on these kind of options is very high. In most cases a trader can triple or quadruple the initial money invested on such option. On the other hand if the option does not reach that predefined point within the options life time, the trader loses all the money he invested.

If you want to learn more about one touch trading, you might be interested in the 24 options tutorials and guides. they have a fantastic hands on guide from the most experienced binary traders. You may also find other tutorials and guides that will guide you to become a successful trader.

For further in site reading about how to make money with binary options, please read this binary options guide that describes what to be aware of, and learn from other peoples mistakes, and truly turn this binary trade into a second income

Boundary Bets

The trader gets payed if the
Asset meets predefined conditions
during the Binary Option life
time.Usually the condition are
high value rate and law value
for the Asset.

If during the options life time,
the Asset does not touch any of
them, the Trader gets payed.
Otherwise the Trader loses his
initial investment.

Learn more about binary options
trading guide robots, to become
a successful binary trader.

Stop Bets

a Trader gets payed, if during the options life time, the Asset has changed it’s value.
A trade may speculate weather an Asset will increase or decrease it’s value. these are the regular most recognized options If you want to Start trading with Binary Options, try doing it safely with a reliable Binary Options Guide.

24option is one of the pioneers in the binary options trade. 24option’s payout is the highest on the binary market for even a standard account (88% return rate) . For those who trade on the move, 24option offer a trading environment that enables traders to commit all their trades with security and simplicity, just like on a desktop. They cover almost all the markets and offer all binary trading types, further more, binary traders are able to place trades as low as 24 USD and as high as 100,000 USD, which offers greater chances to increase the traders profit, Read more

Trad orax is one of the well-established brokers founded in 2020 by a group of professionals with more than decade experience in the financial market. The broker excels with an easy to use and intuitive platform. Some of the features include various tools designed to improve your trading experience, a high ROI which can reach up to 85% and a comprehensive educational center. Tradorax’s asset variety includes over 150 assets divided among 4 groups – stocks, indices, currency pairs and commodities. The broker is suitable for both inexperienced and advanced traders, further reading.
Porter Finance is a London-based binary options broker founded in 2020. they have excellent features and are already establishing a sterling reputation. They have A wide variety of different trades, some of the m are unique to this trading platform. They also have a wealth of learning materials DB, which they managed to collect in a short time period. another feature of this trading platform is a beautifully designed website, with a user friendly trading platform. They managed to gain a very respectful and a reliable reputation in a very short time period.Read more
BinaryTilt is a new binary options broker that provides a comprehensive trading package for binary options traders. BinaryTilt is a regulated broker which offers its clients a state-of-the-art trading platform that is professional, uncomplicated and pleasing to use.Read more
A leader in Binary Options trading, OptionBit provides both beginners and professionals with a superior online trading experience as well as state-of-the-art trading tools and services. No previous financial experience is required to become an online trader.Read more
Launched in January 2020, copyop was the first social binary options trading network. It is operated by the same company who operate anyoption, the world’s largest binary options trading website. Read more
Ivory Option entered the market with a new and simplified take on Binary Option trading, Ivory Option’s unique platform offers the highest payouts along with a signals and strategy package in a simple and easy to use manner.Read more
Last review update: 5th September 2020 TradeThunder is the first broker to install the new Leverate BX8 Platform. They have many advantages over most brokers. The platform is simple to… more

binary Options Broker – Tradorex

The binary options broker Tradorax is considered to be one of the leaders in the world of binary options.

The company’s headquarters is located in London, UK. Their platform provider, Tech Financial, is licensed and regulated by CySEC, and is also listed on the stock exchange which adds security and confidence for traders.

The main goal of the binary broker is to enable newbie traders the opportunity to exploit economic events and earn a profit with binary options with simplicity and ease. They seem to put a special focus on beginners, and give them the right tools to start trading and profiting from day one with the help of their professional team of advisers, who are keen to assist traders on doing the right thing one on one.

Binary Options Broker Tradorex – Overview

Tradorax‘s staff of financial advisers consists of more than 30 of the industry’s top. Their financial advisers come from all corners of the globe having proven themselves in various markets and financial companies.

Tradorax is a relatively new binary options broker, who captivates the trader with the simple and intuitive interface of its online platform. It is fairly easy to use and provides the user with all the features for comfortable binary options trading.

The binary options trading platform does not require any previous trading experience, so even beginners can start trading and feel quite comfortable without in-depth knowledge of the financial market.

The trading platform is 100% secure to use for investments. Due to special SSL technology all personal information is perfectly encrypted and confidential.

The platform is fully web based without extra software downloads.Known around the globe, Tradorax provides one of the most comprehensive offers in the binary option industry with over 160 underlying assets (varying from all the major Currency pairs, to Global Indices and Exotic Markets including all main commodities such as Gold, Oil and Copper) and the possibility to choose among the multiple trading instruments (High/Low, One touch, Short term and Boundary).

Tradorax provides their clients with both short-term and long-term trading so that every client can trade with his/her preferred binary options strategy.

The options profitability rate starts from 70% and can reach up to 360%. Tradorax offers a very extensive range of account types, which are suitable for traders with different skill levels: Mini, Silver, Gold, VIP, Self-managed account, and Saving account.

Each account type provides free educational resources, trading assistance, access to the Web and Mobile platforms, and welcome bonuses. With every account upgrade trading possibilities can be expanded.

It should be noted that this company sets itself apart from other companies with the possibility to deposit in a variety of currencies, such as Euros, US Dollars, British Pounds, Japanese Yens and Russian Rubles.

Tradorax offers a real trading education center or in other words a comprehensive binary options guide which is equipped with multi-media training tools for beginners and advanced traders, including videos, webinars, eBooks, 1-on-1 training with a financial expert. You may also find a many binary options strategies guide which you may also find interesting.

Their website provides a glossary covering all of the most important definitions, financial calendar, so that you are aware of any important events, which are about to happen, trading strategies that can help you learn about various ways of making profit.

The Tradorax support department is goal-oriented and provides each and every client the best and quickest replies to all questions and queries so that all of their needs are answered, and each client is able to focus on becoming a pro trader.

They offer 24/5, multilingual customer support that includes live chat, emails, and phone calls at convenient-for-clients times. Focus on high-quality individual approach to each client makes Tradorax a unique broker.

For further reading of how to trade sixty seconds options, please click this link.

Benefits of Binary Options Trading

Benefits Of Binary Options Trading

Discover the benefits Of Binary Options Trading – the fastest growing form of investment ever. It is clear why in the financial aspect, binary options is the preferred form of investment. First and foremost, binary trade offers an immediate reward for successful traders.

Also, the binary trade is relatively easy to understand, a trader must speculate correctly if an asset will increase or decrease it’s value. In other words buying a Call option – if the asset will increase it’s value, or a Put options – if the trader thinks the asset will decrease it’s value

Choosing between two options appeals to many people, basically these are the only thing a trader should know in the technical aspect, that ease makes it very appealing to many people who wish to benefit from market trends.

There are so many other benefits in the binary options trade, which a trader realizes once he starts trading. Brokers offer many tools in order to help a trader become successful and reach the right decision.

Many traders Triple and even quadruple their daily income with just a click of a button. Since binary options is very suitable for beginners, it offers a very good opportunity for regular people to make money online, and significantly upgrade their financial status.

Many times the prediction of weather an asset will decrease or increase it’s value is so clear that it’s like collecting money from the ground. For instance; Facebook.com presented very positive report in the last quarter, binary traders invested on call options and on that occasion, traders made a fortune !

It is obvious that this binary signal (in the pro language), is more then a hint that facebook’s stock will increase it’s value immediately, so why not take an advantage of that information and make money like many many others ?

Further more, trading platforms offer prior knowledge about market trends, before they spread out. These are sophisticated tools offered by the best rated trading platforms. Using robots for trading, makes binary options even more appealing, even small amounts of money will start working for you, instead of you working for the money so to speak.

Although there is a common rumor that binary options trade is very risky, in practice it is not no different then the investments in traditional stock’s in any way. In many senses it is much more predictable then working with traditional stocks. You know exactly how much you can gain or lose when an options expires.

Benefits of Binary Options Trading – Top 5

High Return of investment – Up to 85% return on the initial investment.

Ease of use – Binary Options trading is very easy to understand

Predetermined Risk and reward – A trader knows exactly how much he may lose or win (unlike traditional stocks)

Now days there are many trading platforms online. We only recommend the top graded trading platforms, that have solid and sufficient financial backing, and the best reputation by traders.

For further reading about our hand picked brokers, please check our 24option review and also Porter Finance review, these outstanding brokers we think are the best according to our experience, they also offer a 100% bonus for traders who open an account.

There are many other good and reliable trading brokers, but these are really the top rated brokers we think you should check them out first. We just finished a review about another new binary options broker that traders may find interesting, called Tradorax. We present a verity of very good brokers, see what suits you best.

You may also want to check the recommended brokers our pick article which is located on our main page. We make a great effort to offer our readers the best trading brokers out there, and keep up with our good reputation. If you have any complaints what so ever on any of our recommended brokers, please let us know, so we could check the issue.

Binary Options Guide Regulated & Non Regulated broker

Binary Options Guide review receives many messages from readers, regarding the issue of regulated brokers vs unregulated brokers. We decided to dedicate this article in order to clear the matter once and for all.

One thing is for sure, regulated broker is a good thing, it means that the binary broker received a licence from a regulations board and the broker follows the strict set of rules imposed upon them by the regulatory board.

The most important benefit of a regulated binary broker is the fact that the broker would with no doubt be able to pay all its investors whether a trader was successful with his traders and want to cash out, or weather he just want to withdraw his money or some of it from his account, the commissions board makes sure that this is the case, just like a regulated bank.

Another major benefit is the fact that a trader can be 100% sure that the price quote of assets is accurate, and no one is tampering with the charts.

On the other hand with a regulated broker, there is some bureaucracy a trader must go through. A trader must send identification documents to the regulated broker, before he or she can start trading, sending funds is not enough. The traders personal information is safe and secure, under the CySEC security guidelines that are often checked.

If trading with a regulated Binary Option platform is of interest you then check out 24Option. They are a fully regulated broker and offer a fantastic trading experience.

They also provides many binary options guide‘s that could be found on their web site.

There are sometimes geographical reasons why a trader cannot use a regulated platform. If this applies to you all is not lost. As regulated companies have raised the industry bar other trading platforms have also had to increase their standards as well. These brokers are well aware that if they want to continue attracting clients then they must look after the ones they already have, and compete on service with their regulated competition.

Before trading with an unregulated broker, make sure you do your homework first some are truly awful. One that I have traded with in the past, that offered an exemplary service as well as a quick withdrawal procedure was Porter Finance so check them out.

Another binary options broker called Tradorex, has just been reviewed by us. Unlike many other brokers, they accept U.S traders. They are also regulated, so you are welcome to read our review.

As usual if you require any additional information you may visit my binary options guide that deals with the types of binary options. And if you have any question concerning the content written here or any place else on the site, please feel free to leave your message.

Binary Options Strategy – Porter Finance

Porter Finance

Porter Finance (PorterFinance.com) Review

Porter Finance is a London-based binary options broker founded in 2020. While they are not regulated, they have excellent features and are already establishing a very good reputation. They offer a wide choice of assets that enables traders the required flexibility in order to implement their binary options strategy. They also offer a wealth of learning materials and binary options guides for beginners and pro binary options traders. Their site is beautifully designed. All these features make them a binary broker to consider.

    • Official Website: https://www.porterfinance.com/
    • Headquarters: London, UK
    • Phone number: +44-2035192532 (domestic numbers available around the globe)
  • Trading platform: SpotOption

Is Porter Finance (Porterfinance.com) a Scam?

In a word, no! Even though they are not regulated, this binary broker demonstrates a strong understanding of regulatory laws, as well as a commitment to stay compliant. You may have noticed that most brokers fall into one of two categories: regulated without accepting USA traders, or not regulated and accepting USA traders.

Here is what Porter Finance says in their terms and conditions:

“USA citizens are restricted on this trading platform from trading currencies and commodities due to U.S. regulation by the CFTC.”

This is a clear and correct understanding of the CFTC guidelines for USA traders trading binary options! Most brokers flat out misinterpret this or behave as if they are completely unaware of it. USA traders can legally trade binary options, and Porter Finance is respecting USA laws while allowing USA traders access to their services. It is so great to see a broker that actually understands regulatory concerns. This is quite rare! So no, Porter Finance is definitely not a scam! Of course it is always wise to read what other traders have to say here.

Deposit Info – Porter Finance Minimum Deposit

Fast account registration makes taking the first steps quick and easy.

  • Get started with just $200.
  • Deposit methods: Credit or debit card, wire transfer, NETELLER.
  • Trade in USD, UR, GBP, AUD, or CAD.

What do you need to know about deposits and withdrawals? There are $30 fees for wire transfers, which is pretty much the industry standard, so this is to be expected. Your first withdrawal of the month is free, but after that, there are additional $30 fees (this is also not unusual, even if it is a bit annoying). The minimum withdrawal threshold for credit and debit card transactions is only $30, which is much lower and more reasonable than the typical $100. The only drawback? If you want to withdraw more money than you deposited through your credit or debit card or electronic payment system, you have to use a wire transfer and pay the fee.

While you are opening your account, you will see the account tiers listed along the right-hand side of the page. While $200 is the minimum deposit, you will want to deposit at least $250 in order to obtain a Beginner Account, which includes a 30% bonus, weekly market reviews, and a trading eBook. A Standard Account is available if you deposit $750 or more. This comes with a 40% bonus, the same benefits as the Beginner Account, plus daily market reviews, Academy Membership, and a trading strategy.

Depositing $1,000 will get you an Executive Account, with a 75% bonus. You again get all of the previous benefits, plus VIP Academy Membership, three trading strategies, money management training, and 5 risk-free trades. If you have $100,000 or more to deposit, you can open a VIP Account with special benefits. As you can see, there are a lot of advantages to opening an account on this site. This broker seems very much invested in the success of their clients.

Types of Binary Options Available

There are so many different types of options to trade on Porter Finance! You can trade High/Low options, including Long Term and 60 Second options. You can also try your hand at One Touch trading, Pairs trading (where you profit on the relative performance of one asset vs. another), or Ladder trading. Ladder trading allows you to earn profits as high as 1500%! This is an excellent amount of variety; there really is something for everyone here.

Binary Options Trading and Training Features at Porter Finance:

  • Trade on your Android or iOS mobile device. The links to the apps are right at the bottom of the porterfinance homepage.
  • Double up, rollover, and buy-me-out are all available to help you control your trades.
  • Trade as little as $10 or as much as $2,500.
  • Social trading. Follow trades by others on the website.
  • While there is sadly no demo account on this site, you can still use risk-free trades with a qualifying account.
  • There are plenty of training resources available to traders!

Brkers can easily implenent their binary options strategy

What Products Can You Trade on Porter Finance?
Stocks
IBM
MICROSOFT (US)
APPLE (US)
BAE SYSTEMS (LONDON)
BP (BRITISH PETROLEUM)
CITI (US)
COCA COLA (US)
GAZPROM (RUSSIA)
HSBC HOLDINGS (LONDON)
LUKOIL (RUSSIA)
NIKE (US)
NISSAN MOTOR
REUTERS (US THOMSON REUTERS)
ROLLS ROYCE (LONDON)
SBERBANK (RUSSIA)
TATA MOTORS (INDIA)
TESCO
TEVA .TA
TURKCELL (TURKEY)

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!

Bitcoin/USD
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EUR/JPY
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
USD/RUB
USD/SGD
USD/TRY
USD/ZAR

COFFEE
GOLD
OIL (LIGHT SWEET CRUDE)
PLATINUM
SILVER
SUGAR
WHEAT

BOMBAY SE
CAC 40 (FRANCE)
DAX (GERMANY)
DOW (US)
DUBAI FINANCIAL MARKET GENERAL INDEX (DUBAI)
FTSE 100 (UK)
HANG SENG (HONG KONG)
ISE 30 (ISTANBUL STOCK EXCHANGE, ISTANBUL, TURKEY)
KL FUTURE
KUWAIT GENERAL INDEX (KUWAIT):
MICEX 10 (MOSCOW INTERBANK EXCHANGE)
MSM 30 (OMAN)
NASDAQ (US)
NIKKEI 225 (JAPAN)
RTS (RUSSIAN TRADING SYSTEM, MOSCOW, RUSSIA)
S&P 500 (US)
SSE 180 (SHANGHAI STOCK EXCHANGE)
TADAWUL (SAUDI STOCK EXCHANGE)
TEL AVIV 25
TOPIX

Final Thoughts on Porter Finance

Porter Finance is one of the most exciting binary options brokers we have stumbled across in quite some time. Is this site perfect? With no demo account and a few withdrawal terms that are a bit restrictive, there is no way to say “yes” to that, but then again, we have never encountered a perfect broker before. Porter Finance is however as close to perfect as anything we have seen. The withdrawal terms are not ideal, but they are much better than most. There are plenty of training materials and programs available to traders at all account levels. You can participate in numerous different types of trades and put into practice your favorite binary options strategy, so there are a lot of ways you can make money with Porter Finance. The website is thorough and provides comprehensive, easy-to-locate information on a wide array of topics. Reading through it, we had very few questions. If you do have questions, though, Porter Finance’s customer service team is standing by.

In short, this is an excellent broker to trade with, whether you are located in or outside the USA. It is refreshing to find a broker that understands CFTC laws and is striving to be compliant, and it makes their unregulated status far less of a concern than it would normally be. This broker is making the extra effort to offer top-shelf services to customers, and we highly recommend you check them out . You may also find this review interesting.

Binary options strategies 24option

Binary options strategies

One of the most important binary options strategies must be choosing a good and reliable binary broker.

24option is a pioneer in the options trade, and offers attractive bonuses for traders who open an account with them. They also have the biggest collection of binary options guide’s, for beginners as well as professional traders. with 24option you can’t go wrong, they are EU regulated, and they follows the EU commissions strict set of rules that ensures that your money and cash that you won is safe and secure.

24option is the one the most popular binary options trading platform today. The company is situated in Cyprus. This trading platform offers many incentives for new traders to open and account, which is one of the reasons that makes this binary trading platform so popular. Further more, they are one of the pioneers in the binary options trade. The company is now owned by a holding company named Rodeler Ltd. The broker is regulated and licensed by the Cyprus securities Exchange commission, like many other Binary options and Forex trading companies, due to the low Taxes implemented in that country.

24option is considered to be one of the most innovative trading platform in comparison to other trading platforms. While the trading engine of other trading platforms relay on the spotoptions or tradologic to supply them with live Data, 24option have choose a different engine,supplied by Tech financials. The outcome of that choice is a unique and safe trading experience.

For those who trade on the move, 24option offer a trading environment that enables traders to commit all their trades with simplicity and ease. The mobile binary platform offers the same features as those on a stand alone desktop or laptop, traders receive full data without compromise. Most other trading platforms that do offer mobile trading, enable just some features and data to be displayed, and in one time or another, a binary trader needs to visit a PC to get full control over his account. 24option enable a full trading environment without compromise. This type of features are crucial in the implementation of any binary options strategy.

Mobile trading is also extensively supported by 24option. With a secondary website optimized for smartphones and other mobile devices, traders who are constantly on the go can also easily access their accounts, check the markets and make trades without having to use a dedicated computer.

Binary Trading Types

24option offer all types of binary trading. Due to the fact that they are one of the most well established trading platform and one of the first pioneers in the binary trade;

Classic Binaries
Consist of Above/Below and High/Low options

One Touch Binaries
Comprises of Touch/No Touch and High Yield Touch Binaries

Boundary Binaries
Include Standard Yield and High Yield Boundary Options

Short Term Binaries
Binaries with short expiry times ranging from 30 seconds to 5 minutes.

In order to open an account with 24option, a trader needs a minimum deposit of 250 USD. There are however four different types of accounts, The standard account, the gold account and the platinum account and finally the Dimond account.

Standard Accounts
No restriction to types of assets traded

24 hours customer support

Max pay-out is 88%

Gold Accounts
Apart from all the benefits of a standard account, gold account holders also earn an extra 2% on their investments + 1 free withdrawal per calendar month

Platinum Accounts
Benefits of standard and gold accounts plus an additional 4% per trade unlimited free withdrawals

max pay-out is 89%

Diamond Accounts
Benefits an additional 6% per trade unlimited free withdrawals

A free demo account facility is also provided but traders are required to place a deposit of $250 first before they can gain access to this facility.

Payout Ratios

As for the returns offered by 24option, their rates are one of the highest in the industry with a maximum payout of 88% for in the money trades. Out of the money trades are also entitled to a rebate of up to 15% of money invested.

Asset Index

With more than 100 different types of underlying assets, 24 option asset list is one of the most comprehensive that we have ever seen. Considering the fact that there are 4 main types of trading contracts, this meant traders have extensive choice of trades that they can make.

Currencies Commodities Indices Stocks
AUD/CAD
AUD/CHF
AUD/JPY
AUD/NZD
AUD/USD
CAD/CHF
CAD/JPY
CHF/JPY
EUR/AUD
EUR/CAD
EUR/GBP
EUR/JPY
EUR/NOK
EUR/TRY
EUR/ZAR
GBP/AUD
GBP/CAD
GBP/CHF
GBP/JPY
GBP/USD
NZD/CHF
NZD/USD
USD/CAD
USD/CHF
USD/JPY
USD/MXN
USD/NOK
USD/RUB
USD/TRY
USD/ZAR
Coffee
Copper
Corn
Gold (XAU)
Oil
Platinum XPT
Silver (XAG)
Sugar
XAU/EUR
XAU/JPY
XAU/XAG
ASX 200 Future
Bombay 30
CAC 40 Future
DAX-30
Dow Jones
FTSE-100
Hang Seng Future
IBEX- 35
KOSPI 200
MIB-40 FUTURE
MICEX
Nasdaq Composite
NIFTY
Nikkei 225
S&P 500
SMI FUTURE
South Africa 40 Future
TA-25
Tadawul
AMAZON
AMEX
ANZ
APPLE
AXA
BAIDU
BARCLAYS
BBVA
BEIERSDORF
BHP BILLITON
BMW
BNP PARIBAS
BP
CITIGROUP
COCA-COLA
E.ON
ENEL
EXXON
FACEBOOK
FIAT
FRANCE TELECOM
GAZPROM
GOOGLE
IBM
ICICI BANK
JPMORGAN CHASE
LUFTHANSA
MCDONALDS
MICROSOFT
NIKE
RIO TINTO
ROSNEFT
ROYAL DUTCH
SBERBANK
SOCIETE GENERAL
SONY
SUMITOMO
TATA MOTORS LTD
TESCO
THYSSENKRUPP
TWITTER
UNICREDIT
VODAFONE
WESTPAC BANKING

It has been said that the quality of 24option’s customer support is second to none. With support in 17 major languages, it is different to find another broker in the industry that is more trader’s friendly than 24option. Access to the support team is by means of email, live chat and telephone. As an added benefit, international traders will find that there is also a long list of toll free and localized numbers which they can call to reduce their telephone charges.

Binary Options Guide and Markets analysis

This fantastic feature, offered by 24option is the daily market analysis and reports, precious data is brought to traders by 24option as a part of services given free of charge. A binary options expert analysis of the markets and trends followed by real time binary signals give 24option traders an edge over other traders who are not exposed to this vital real time information. This is a part of an increased effort by 24option to service their registered traders and help them be successful and increase their profits so they will be happy and keep on investing!

Here is an example of USD/JPY trend that was accurate like clock work, traders who followed that trend have made big profits that day.

Here is an example of another signal offered by 24option, AUD/USD. Traders who followed 24 option advice made a considerable profit that day. This quality analysis is also followed by banks and other financial institutions. Now a regular trader is exposed to that info, thanks to 24option. At the end of the day, a trader is interested mostly if he made a profit at the end of the day or not, with 24option the answer is definitely YES!

Binary Options Strategies

Another new exiting feature offered by 24option is the most extensive education center for beginner traders as well as professionals. 24option has invested a lot of effort in that new educational center, they offer video tutorials as well as written guides by top professionals in the binary market. Due to the fact that 24option is one of the most well established binary trading platform and one of the pioneers in that field, they decided to spend much of their profit in improving their traders knowledge and education so they could be more successful with their trades. 24option realized that in order for traders to keep on trading, traders must gain large profits, and in order for them to do that, they offer the worlds largest education center for binary traders! They have set a new standard for other trading platforms.

A screen shot of some of the video tutorials offered by 24option given free for their traders.

  • Long Established Broker
  • Member of the Investment Compensation Fund (20,000 Euro in Protection)
  • Regulated and Licensed Broker by CYSEC
  • Reputable Broker in the Industry
  • Dedicated Customer Support
  • Attractive Range Of Incentives And Benefits
  • Large Cash Prizes For Trading Competition
  • Multiple Languages Supported
  • Unique And Secured Trading Platform
  • Wide Coverage Of Markets
  • Live daily reports and analysis
  • The most extensive educational center on the web

The best platform that you can practice you binary options strategies

  • Demo account require deposit of $250 before access is granted

In our opinion, there is no binary broker around which come close to the quality of services offered by 24option. In addition, the range of incentives that 24option offer to traders is certainly one of the most attractive around. 24option offer the biggest payout in the market for standard account, a ration of 88% on a successful investment, it also offer a wide range of assets to invest in. Mobile trading offers all trading features and data that enable traders on the go to implement their binary options strategy and commit wise decisions with full mobile information at their disposal. In fact, it is difficult to find any fault with this broker.

U.S traders especially might be interested in reading our review about another good and a regulated binary options broker called Tradorex, which offers an experienced team of binary options professionals that will be happy to assist traders in specific and general questions with regard to their trades.

Learn about the five types of binary options, on this binary options guide.

Binary options trade Strategy – Binary Tilt Review

Binary options trade strategy

Pros & Cons

  • Max returns up to 100%
  • Regulated by NZ FSP
  • Segregation of Client Funds (ANZ Bank)
  • No withdrawal restrictions on initial deposit
  • USA Traders are not accepted
  • Minimum withdrawal of $50

Binary options trade strategy

  • Founded: 2020
  • Company: Scent Investments Ltd
  • Incorporated: New Zealand
  • License: NZ FSP
  • Platform: Markets Pulse
  • Minimum Deposit: $300
  • Minimum Withdrawal: $50
  • Returns: 80%
  • Minimum Trade: $10

BinaryTilt General information

BinaryTilt is a new binary options broker that provides a comprehensive trading package for binary options traders. BinaryTilt is a regulated broker which offers its clients a state-of-the-art trading platform that is professional, uncomplicated and pleasing to use which enables a trader to practice his binary options trade strategy with simplicity and ease.

BinaryTilt uses the MarketPulse platform and traders will find their website is also available in Chinese, Japanese and Arabic. The BinaryTilt platform offers four types of binary option trades: High Low, One Touch, Range High Low and Option on Demand which is their standard 60 Seconds trading option. They are all available for trading BinaryTilt’s portfolio of currencies, commodities, stocks and indices.

Depending on the type of trade and asset traded, returns at BinaryTilt can range from 70% to 100%. For new traders, their first 4 trades to a maximum value of $25 per trade, are risk-free trades. This means if their trades expire out-of-the-money, the full amount of their investment is credited back to their trading account. At present, BinaryTilt covers 50 underlying assets so there is something of interest for every trader.

BinaryTilt’s financial and trading experts with global market knowledge are always available round the clock to provide assistance to traders and advise them on how to maximise their profits on the platform. Customer support is also available 24/7 and users can contact the Financial Services Complaints Limited (FSCL) if any dispute resolution is required.

Although BinaryTilt is a new broker, it has managed to attract a lot of traders to trade with them. Being a regulated entity under the New Zealand’s Financial Market Authority also helps to lend credibility to this new broker. However, it is the quality of their service which has impressed traders to remain loyal to them.

BinaryTilt History

BinaryTilt is a regulated binary options broker founded in 2020. It is based in Auckland, New Zealand and owned by Scent Investments Ltd, a New Zealand registered Financial Service Provider.
What makes BinaryTilt unique is the fact that they are registered in New Zealand, differentiating them from the majority of binary option brokers who are registered and regulated in Cyprus.
BinaryTilt was built by traders; for traders who wish to implement their binary options strategy with ease. It has, since its inception, excelled in offering transparent pricing, execution and service. It remains dedicated to innovation and constant improvement together with the continued use of cutting-edge technology.

Binary options trade strategy – BinaryTilt Bonus Terms & Conditions

BinaryTilt offers traders a selection of binary options bonuses and promotions online. Loyalty bonuses are rewarded periodically and there is also a 100% welcome bonus offered to traders who make a minimum deposit amount of $250. Existing traders can also enjoy some other bonuses, such as the four risk-free trades to a value of $25 each, with a money back guarantee so if a trade expires out of the money, traders will be credited back with the full cost of the trades.

BinaryTilt’s bonus terms and conditions state that the bonus and its generated benefits can only be withdrawn once a trading volume of 40 times the bonus amount is reached. Traders can withdraw their initial deposit or part of it at any time. In the event the trading requirement is not reached, the bonus amount, including any profits, will be forfeited and deducted from the current account balance. A fully comprehensive set of bonus terms and conditions is available on the website.

BinaryTilt Withdrawal Terms & Conditions

BinaryTilt offers traders a fast and secure method of withdrawal. Traders can withdraw funds from their trading accounts at any time. In order to withdraw funds, a trader needs to first log in to their trading account, click on “My Account” and then “Withdrawal” to open a withdrawal request form. This should be completed prior to clicking“Withdraw”.

Withdrawals paid to credit cards, bank accounts, Neteller, Skrill or PayPal are processed within 4 business days. Withdrawals paid to alternative payment methods will be processed within 7-10 business days. For first-time withdrawals, BinaryTilt will require a copy of government issued photo identification, proof of address of residence and a copy of the credit card, if used, to make the deposit (front and back). Traders withdrawing by bank wire will need proof that the bank account belongs to them by supplying a copy of a bank statement. BinaryTilt allows one withdrawal per month at no charge. Additional withdrawals in a one month timeframe incur a USD$25 processing fee.

BinaryTilt Scam Watch

Traders researching binary options brokers should be aware that it is always important to check that the broker you wish to open an account with is regulated by a government regulatory agency. BinaryTilt is a very respectable broker and it is a trading name of Scent Investments Limited. This company is a registered Financial Services Provider so all traders can be assured that it is heavily regulated by New Zealand’s stringent laws.

BinaryTilt Mobile App Review

The free mobile app from BinaryTilt is available for iOS and Android and has so far has been highly rated by its users. The app is a great addition for any trader. It is a fully functioning trading platform that allows traders to deposit funds, trade on multiple order boxes and follow open positions. It also has multiple chart views and is a great way to trade on the go and follow all open trades without having to miss any opportunities.

Good news for U.S trader; The binary options broker Tradorex enables U.S traders to open an account on their trading platform. This well established, regulated broker offers over 160 different assets to trade with. They also received very good feedback’s from traders. And their tram of binary advisers are probably one of the best in this niche. Click the link above, to read our review on Tradorex.

Learn about the five types of binary options on our binary options guide post.

Binary Options Strategy – How to increase winning Odds

Binary Options Strategy

Specific knowledge in the binary options trade, is the most important thing when implementing any binary options strategy. Understanding the behavior of assets with regard to past event is vital in order to predict the future value of assets based on events that happened before. Every binary options strategy is linked in one way or another to past events.

Past events could be presented in two formats; Expert binary options traders collect Raw data such as financial reports and try to speculate the future price of an asset, based on that information and analyse how events influenced an asset. The other format is visual or graphical in nature. Past graphs for a specific asset is analysed with regard to events that influenced its value . Expert traders speculate future events based on those graphs. Also binary robots programmers use both methods in order to create an automated trading systems based on that data.

Type of analysis in order to implement binary options strategy

The technical analysis of charts is a meticulous methods in which expert binary options traders use to analyses the exchange rates of different assets. Many professional traders becomes experts on only a few assets due to the fact that there is quite a lot of information on all assets, even when observing them for a couple of years. This type of binary options trading strategy is based on the notion that “the market remembers” – which means history repeats itself, if a specific event has happened in the past that caused an asset to change its value, it is very likely to happen again. The only problem is to analyse how sharply that past event will influence the value of an asset in the future. In the professional language these events are named binary options signals. With that is said, we must always remember that it is very hard to find two identical binary options signals along history, and there are always other events that are not exactly similar. That is why expert binary options brokers study the influence of major events on a specific asset, rather then all side events that have less influence. In other words we can not find an exact duplicated events in the past, general environment variables can never be identical, but we can definitely roughly speculate the influence of past binary signals on future trades. Usually binary options strategies are based on candle stick charts which are commonly used by many binary options brokers.

Raw Data binary options strategy implementation

The other type of binary options strategy is based on analyzing Raw data and financial reports, better known as the fundamental analysis. This type of analysis is very similar to the graphic or the visual one, yet this type of analysis usually bases it’s binary trading strategy on a single or a couple of financial report to try to decide the exchange rate of a specific asst. A good example is the US unemployment report that has a great affect on most binary options currency pairs, such as USD/JPY , USD/EUR , USD/GBP . It also has an effect on commodities and the DOW index as well. Another good example is the monthly US Oil reserves report which has a dramatic effect on the exchange rate of Oil. If the reserves are low, it means that there is going to be a greater demand for Oil and as a result its value is going to increase. This analysis usually bases its binary options trading strategy on that single report, and most amazingly traders are usually successful in their strategy due to the fact that markets automatically act in the same manner to those fundamental reports. Binary trading robots and other traders automatically respond in a similar manner to such reports so prediction is usually correct.

It is not as simple as it seems to be successful in the binary options trade on a long time frame. Analysis is carried out constantly, and some binary signals take a longer period of time to effect the markets, and that should also be considered. But one thing is for curtain, and that is the practical part of this post, in order to be successful with any binary options strategy, one must follow these four steps .

  1. Never invest more then 10% of the money in your binary options account.
  2. Never make a single investment, try to spread the risk on other assets as well
  3. Never invest more then 5% of your money on one trade
  4. Don’t try to cover loses by making irresponsible trades

following these capital management rules, followed by the graphic and Raw data reports as mentioned above, is a very good binary options trading strategy that will enable you to gain money on the long run.

Most binary options broker‘s do not accept U.S traders. Tradorax is one of out latest trading broker we reviewed lately,they accept U.s traders and they offer many features and excellent support from a professional team of traders. Click the link above to learn more about them.

Check out this article about the five types of binary options, on this binary options guide.

Recommended Brokers – Our Pick

24option is one of the pioneers in the binary options trade. 24option’s payout is the highest on the binary market for even a standard account (88% return rate) . For those who trade on the move, 24option offer a trading environment that enables traders to commit all their trades with security and simplicity, just like on a desktop. They cover almost all the markets and offer all binary trading types, further more, binary traders are able to place trades as low as 24 USD and as high as 100,000 USD, which offers greater chances to increase the traders profit, Read more

Don’t Gamble On Binary Options

There are lots of ways to lose your money in this world but here’s one I hadn’t encountered before: binary option Web sites. They have become popular over the past few years with new ones appearing all the time: anyoption.com, bulloption.com, spotoption.com, binaryoption.com, etc. etc.

The sites appeal to the same type of people who play poker online. But they somehow have an aura of being more respectable because they represent themselves as offering a form of investing. Don’t kid yourself. These are gambling sites, pure and simple. It’s probably just a matter of time before regulators move in on them.

Until that happens, they seem to be doing great business. A Google search for binary option Web sites produced 870,000 hits with promotions like “earn up to 75 per cent every hour” and “81 per cent profit in one hour or less, trade all major markets”. You can buy these options, which are also known as all-or-nothing options, digital options, or Fixed Return Options (FROs), on stocks, commodities, indexes, foreign exchange, and other derivatives.

In fact, you can place a bet (which is what it really amounts to) on just about anything that is publicly traded, depending on which Web site you use (some offer a wider range of choices than others). Some sites provide free guides to binary option trading to get you started.

I was alerted to this phenomenon by a reader who sent me this email:

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“My dad has recently gotten involved with trading binary options online. The basic premise for the site he uses is at a specific time, say 1:25 p.m., you can put down perhaps $100 that XYZ stock will either increase or decrease in price within five minutesby 1:30 p.m. If you are wrong, you get $15 back. If you are right, you win about $70.

“I’ve proven to him that, mathematically, the site has an edge and you must be right 55% of the time in order for your bet to have a neutral expected value. I am also a professional online poker player by trade so I have an extensive understanding of probability, the online gambling markets, and how these sites work.

The problem is he feels he is at a great advantage, citing his ability to read a bunch of charts, follow news, etc. He is a smart man, a former lawyer, and has been following stocks for years, but I feel that he may be overestimating himself here. I’ve looked into online binary options trading a bit and it seems to me that the consensus is that very few people outside of professional traders can beat the trading sites consistently for good money. My dad is up $2,500 or so betting $100 and $50. The best I could do is to warn him about statistical variance affecting his perceived ability and that short-term volatility along with the inherent disadvantage will make consistent winning incredibly hard.

“I’m looking for a way to definitively convince him to stop and that his edge isn’t as great as it seems. I tried talking to him multiple times about the subject but I’m not as knowledgeable about the field and ultimately that becomes my shortcoming when trying to convince him why he shouldn’t continue to be involved with this. Any help would certainly be appreciated.”

I found this correspondence especially fascinating because the writer is a professional online poker player — a gambler by trade. Yet here he is trying to convince his dad that online gambling is a bad thing. I agree, it is. But it’s understandable if the father is skeptical about advice from a son who does the same sort of thing, albeit in a different form.

But that’s for them to sort out. What intrigued me was to discover that binary option trading has become a kind of pseudo investing sub-culture. I went to the site our reader says his dad uses and did some research. It describes binary options as “an exciting new type of investment” — note the use of the word “investment”.

“When a binary option is purchased on our platform, a contract is created that gives the buyer (known here as the investor) the right to buy an underlying asset at a fixed price, within a specified time frame with us, the seller,” the Web site explains. The option must be held until maturity (even if that is five minutes away); unlike regular options it cannot be sold before then.

These sites promote themselves as offering controlled risk (you can’t lose more than a specified amount), low cost, big gains if you guess right, and ease of use — you can trade from home whenever markets are open and set up an account with a credit card.

So what arguments would I use to convince dad to quit? For starters, this sort of thing can quickly become addictive, especially to market junkies. Although the amounts bet may be small, the total can quickly add up if many trades are done in a day. It wouldn’t take long for things to get out of hand.

Second, no one, no matter how knowledgeable, can consistently predict what a stock or commodity will do within a short time frame. Will Apple (AAPL) shares go up or down in the next 10 minutes? Unless there has just been some major announcement from the company, there is no way to even guess at that.

Third, the house definitely has an edge. This particular Web site pays $71 for each successful $100 “trade.” If you lose, you get back $15. Let’s say you make 1,000 “trades” and win 545 of them. Your profit is $38,695. But your 455 losses will cost you $38,675. In other words, you must win 54.5% of the time just to break even.

Finally, these Web sites are unregulated. No securities commission is protecting people’s interests. This is a financial Wild West.

If people want to gamble, that’s their choice. But let’s not confuse that with investing. Binary options are a crapshoot, pure and simple.

Binary Options Investors Guide: More Than A Number Game

Having acquired basic knowledge on binary options, the prospective investor or trader ought to move to the next step towards engaging in one of the most promising and exciting kind of investment. This involves selection of a best binary options broker. The selection process may sound easy but the fact of the matter is that it can be involving especially if the investor wants to get good returns on his or her investments. One is supposed to take time in the selection process so that the kind of binary options broker that the investor ends up with meets the needs. Making a wrong choice at this stage may lead to undesired results as well as problems with the trading platform, poor support services and low quality investor services.

Here are important characteristics and qualities of best binary options brokers that investors need to consider

Best binary options brokers

Best binary options broker is one who strives to make the investor’s job easier. An investor who is looking for a broker need to find one who offers an easy sign up, this enables the trader to get an account as well as start running it immediately. To get one who fits this description, an investor need to carry out a search so as to come up with an individual who is reliable. The investor can also ask for recommendations from people who have invested before, this will give a true and clear picture of the broker. Also the reviews from the internet will tell more about the reputation of a broker. If the people who have used a given platform are not happy with the services which they were offered as far as signing up process as well as payment methods are concerned, this should raise an alarm.

Payment methods

After ensuring that the broker whom you wish to trade with have an easy sign up process it is also important to establish whether the payment methods which are used by the broker meet your needs or they are well supported in the regions where you stay. There are some cases where brokers in some areas use payment methods which are unavailable allover the world. When the payment methods which are used by the broker are either unsupported or are unavailable in your area, when it comes to withdrawals and deposits, there might be an issue.

Binary options web platforms and mobile platforms

There are various trading platforms that are used in the trading of binary options. We have the mobile based and web based trading platform as the main types. It is important for an investor to find out the kind of platforms that a broker whom he or she intends to register uses in the course of trading. If the investor is planning to trade using a mobile device for example a tablet, then there is a need to establish whether the broker’s platform supports such tools. It may be frustrating to register and discover later that the devices in your possession are not compatible with a trading platform which is used by the broker. This will force the trader to spend extra money in buying a device which will work well with the trading platform. The best trading platforms in the market are normally compatible with most of the devices and can also be accessed from any part of the world as long as the area is covered by internet connections. A good trading platform also needs to have extra tools which help the investor to navigate through the system. The investor need to access the educational materials so that the learning process can be easier.

Binary options assets

There is a need to establish the kind of trading assets that each broker allows in their platform. You may find a very good broker in terms of the payment methods, compatibility, reliability but find that the trading assets available are somehow limiting .This basically means that as an investor one will not be satisfied since there is an outright limitation as far as the range of asset is concerned. Before engaging and even registering, an investor should check the assets that a given broker offers as well as make sure that popular assets are allowed.

Broker payout

Binary options broker payout is among the most important factors that any investor should consider when it comes to selecting an appropriate broker. While coming in to trade in binary options any investor aims are reaping the best and highest benefits. If the rate of return is low, then this will not be achieved, therefore the rate of returns offered by an individual broker should form the basis of decision making when it comes to selecting an binary options broker to work with. Normally the binary options brokers are known to offer returns ranging from 65 to 85 per cent, although in some case the rate may be higher. There are also some special kinds of binary options which offer a return of 500 per cent.

To succeed in binary options trade, an investor must have access to vital information on the assets he or she is trading on. There is also a need to access vital technical tools to help in execution of strategies as well as carry out the necessary technical analysis. Most of the brokers provide access to the necessary technical tools but one might not be sure, therefore it is important to establish whether the investor will be allowed to access the necessary tools required for technical analysis.

Binary options demo account

A binary options broker is supposed to provide the new investors with a demo account as part of educating them on how to trade. As an investor one should not use the services of a broker who does not provide an opportunity to carry out trade through a demo account. Demo accounts provide an environment similar to earn that exists in the normal trade, here the new investors learn all that is needed to carry out a successful binary options trade. One familiarizes with the interface of a trading platform and learns about the trade without having to risk the money. It is only after an investor has understood how the trade operates should they graduate to the real trade.

Broker support

Support during the early days in trading assets is very important to an investor, this not only gives then a chance to ask for guidance but also any questions which may arise in the course using the services. The broker who is selected should have a support staff who are skilled, experienced as well as polite and helpful when it comes to dealing with issues which arise.

Making the right decision when it comes to the selection of brokers will largely determine the success of the investor, therefore every step should be taken to ensure that the one who is selected will offer all the necessary support, is reliable and at the same time have the best rate of return in the market.

How to open an account

The accounts requirements

An investor is required to fill in information which almost every website requires in the course of registration. Here one is required to provide the name, residence, the currency which is preferred, email, password and the payment method. Contact details such as phone number are need to be used during the verification process as well as in case the investor needs support from the broker.Investors are allowed to register two accounts where one uses real money and the other one is a demo account. A demo account is necessary as it offers the investor a chance to learn before they start using real money.After the registration process is over, the investor will be required to verify the account. Most brokers carry out this process for security measures. The process ensures that the person who has registered is of age and at the same time, it is a real person. The verification process may be through sending a photograph as well as scanned images of personal identification documents such as driving license, national identity card or a passport. Although the process may be tedious, it guarantees the investor’s safety against identity theft as well as fraud. Some brokers will only require you to verify the account through sending an email or through accessing the website using a one time link which is sent through the email.The registration process depends on the broker that you have chosen, for some it may take only a few minutes while others a couple of hours to days. When asked to verify the account, it is not that the broker does not trust but rather it is a way of ensuring that fair and secure trade is maintained all the time

Various payment methods are available, an investor is supposed to select one which is allowed in his or her region. One can select to deposit or withdraw using a check, PayPal, skrill, money bookers, web money, bitcoins among other payments methods. Minimum and maximum deposits and withdrawals are set by individual brokers; therefore it is important for an investor to check with them. Some brokers may require a minimum of $ 100 as an investment while other may ask for more.

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!

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