E-TRADE Forex and CFD Broker Review – Binary Options Zone

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!

Review of 24option, a Regulated CFD Broker

The 24Option binary options trading brand is owned and operated by Rodeler Ltd. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 207/13.

In the UK, the company is registered to offer binary options by the Financial Conduct Authority. 24Option has an official partnership with Juventus FC of Italy. They also like Boris Becker, the German tennis star.

24Option trading platform

Traders have the option to trade binary options on the white-label platform of Tech Financials Ltd. This features unique trade types that have been recently added to the world of binary options such as the Short Term binary trades. Their online trading platform has a sleek black design that is responsive and easy on the eyes. The functionality of the platform is outstanding. In benchmark test, 24Option’s platform has repeatedly proven to be one of the fastest in the industry. Trades can be executed almost instantaneously by clicking on the appropriate function buttons. The whole system is designed to be very intuitive and easy to use even for an absolute beginner.

Bonuses and Promotions

24Option is known for the various bonuses and promotions available for new and old traders alike. Bonus terms and conditions apply.

Welcome Bonus

There is a welcome bonus for new traders, which is as high as 100% of the initial deposit. Of course there are terms and conditions that apply and you can’t take your doubled money and run. There are limitations where you need to trade x amount of times before you can withdraw any amount above your initial deposit.

Recently, however, 24option added different perks to their wide palette of promotions, like for example a signed

  • Juventus T-shirt or
  • Apple watch or
  • football tickets.

Special Bonuses

From time to time 24option run trading competitions which usually come up at certain times of the year (New Year, Xmas, etc.). For instance, there is a Christmas competition which has a star prize of $100,000 and other prizes as well for the top traders in the tournament. There are also other competitions which come up from time to time.

Underlying Asset Index

The underlying assets that are available for trading on the platform are:

  • Stocks: Akbank, Unicredit, FIAT, BBVA, Gazprom, BNP Paribas, France Telecom, AXA, Vodafone, BP, Barclays, BMW, Deutsche Lufthansa, E.ON, ThyssenKrupp, Beiersdorf, Facebook, Enel, Societe General, Sony, Tesco, Sberbank, Rosneft, Royal Dutch, Samsung, Google, Apple, CocaCola, Amazon, IBM, Nike, Exxon, CitiGroup, Microsoft, Twitter, JP MorganChase.
  • Indices: DJ30, FTSE100, S&P500, NASDAQ100, CAC40, DAX, ASX, IBEX35, TA25, MIB40, BIST100, Kospi200, Shanghai Composite, Bombay30, SMI20, Dubai, Nikkei 225, NIFTY, Hang Seng, TADAWUL, RTSI, MICEX.
  • Currencies: EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, USDJPY, GBPCHF, USDTRY, USDZAR, EURZAR, USDRUB, USDMXN, EURJPY, NZDCHF, CHFJPY, GBPJPY, EURCHF, EURCAD, CADJPY, EURTRY, USDNOK, EURNOK, EURGBP, AUDNZD,
  • Commodities: Gold, crude oil, silver, platinum, copper, corn, coffee.

Trade Tools

There are various trade tools available to enhance the trading experience on 24Option. Some of these are as follows:

Mobile Apps

The trading platform of 24option is available as a mobile app for the iPhone, iPad and Android devices. This trading app can be downloaded from the respective app stores.

Training

24Option maintains a full-fledged educational centre which consists of training videos, ebooks, a free Trade Manual, an online video tutorial and a demo account for live account holders who have funded their accounts.
This online binary options school also has an interactive ebook and a tutorial on how to use the Early Closure function.

Third Party Trading Signals

The broker provides third party trading signals based in probability calculations that are quite accurate at times. These professional alerts are FREE for a limited time for new registrants. Click here to subscribe. Trading alerts should not be considered as investment advice. The decision to act on any signals is yours and taken at your own risk.

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!

Early Closure

This is a new feature which has been introduced to allow traders to close the trades set on the platform before expiry. Hitherto a feature of American-style options only, this feature is now being incorporated into the trading platforms of European-style traders. Using this function reduces the payout available on the trade by a certain percentage, depending on how much time to expiry is left on the trade clock.

Deposits and Withdrawals

Traders can use the channels mentioned below to deposit funds and withdraw trading profits from their account:

  • Credit Card: 24option will accept card transactions using credit cards issued by: VISA, MasterCard, Carte Bleue, Dankort, CartaSi, Laser and Discover.
  • Electronic Payment: Skrill can be used. This also serves as a payment processing method for several other country-specific payment methods.
  • Wire Transfer: Bank wires are a universally accepted mode of depositing and withdrawing funds, and does not present with some of the restrictions that traders from certain countries will encounter with credit cards or Skrill.

24option’s minimum deposit requirements depend on means of funding transaction:

  • Credit Card: $250/€250/£250/¥50,000/ руб 15,000
  • Electronic Payment: $250/€250/£250/¥50,000/ руб 15,000
  • Wire Transfer: $1000/€1000/£1000/¥100,000/ руб 15,000

Daily and monthly funding limits of $/€/£ 10,000/¥100,000 and $/€/£40,000/ ¥4,000,000 respectively are set for credit card deposits.

Deposit Conditions

Traders can maintain their accounts in US Dollars, Japanese Yen, British Pounds or Euros. Cards must be verified by scanning the front and back of the card and blocking off the relevant card numbers, then sending this scanned copy to the accounts department of 24Option for verification and approval for usage.

Withdrawal Conditions

There are certain conditions and fees attached to withdrawals on 24Option. These depend on account type as well as means of transaction used for the withdrawal transactions.

  • Basic: Your first withdrawal is free
  • Silver: Your first withdrawal is free
  • Gold: One free withdrawal per calendar month
  • Platinum: Every withdrawal is free!
  • Diamond: Every withdrawal is free!

Withdrawal Fees:

  • Credit Card: 3.5%
  • Skrill (Moneybookers): 2%
  • PayPal & Neteller: 3.5%
  • Wire fee: 30USD / 25EUR / 20GBP/ 2500JPY. Minimum wire withdrawal amount: 100USD / 100EUR/ 100GBP/ 10,000JPY/ 611CNY

Customer Support

The essence of a customer support desk is to allow new users, intending traders and existing traders to have a channel through which questions not covered in the FAQ section of the website can be asked and addressed, and inquiries about services and product offerings made. 24Option understands this and maintains a fully functional customer support desk which can be reached using the following channels:

  • Live chat: This is available 24 hours a day, five days a week for traders to make direct requests with the customer support desk.
  • Email: [email protected]
  • Phone: +357 25 262063
  • Main office: Frema Plaza, 1st floor, 39 Kolonakiou Street, Ayios Athanasios, Limassol CY-4103

Final Conclusion

Our final conclusion is that 24Option is one of the best binary brokers available online. They offer excellent customer support and top-of-the-line trading platform. Their bonus offers are on par with any other top broker, and at times they even outperform other brokers in this area. We would say that the only downside to 24option is that they do not accept clients from United States. However, they are usually the platform of choice for clients based in the EU.

Please remember that trading binary options and CFDs involves substantial risk and may lead to loss of all invested capital.

Videforex Review and Tutorial 2020

New Forex broker Videforex can accept US clients and accounts can be funded in a range of cryptocurrencies. Payouts reach 95% per trade.

Videforex Facts & Figures
Bonus 100% Deposit Match
Instruments CFD, Forex, Crypto, Binary Options
Demo Account Yes
Min. Deposit $250
Min. Trade $1
Regulated By
MT4 Integration No
Mobile Apps No
Auto Trading No
Trade Signals No
Islamic Account No
CFD
FTSE Spread
GBPUSD Spread
Oil Spread
Stocks Spread
Forex
GBPUSD Spread
EURUSD Spread
EURGBP Spread
Assets
Binary Options
Payout Percent 85%

Since its launch in 2020, the popularity of the CFD, forex and binary options broker VideForex.com is growing. Boasting its own proprietary financial trading software and platform, it caters for day traders of all experience levels. This page will offer a detailed review of this new brokerage, covering everything from accounts and costs to platforms and regulation. Finally, after considering the benefits and risks, a verdict as to whether this firm makes the list of best day trading brokers will be given.

A Brief History

VideForex.com may have only launched in 2020, but the company behind this new brokerage is also in charge of established BinaryMate. A credible company who is thought to stand by the safety of its traders with a proactive attitude to the protection of funds. So, what does their latest offering, VideForex.com have to offer?

Minimum Initial Deposit

If you are new to day trading, you don’t want hefty minimum deposit requirements. You probably want to dip your toe in the water before you take the plunge. Fortunately, VideForex.com requires an around industry normal deposit of $250 for new trading accounts. They are also offering a 100% deposit match bonus on any first deposit (check the T&Cs suit before using it).

It is also important to note, that whether you’re day trading on VideForex.com for forex, CFDs, or binary options, the minimum requirements will not change.

Spreads & Commissions

Day trading fees and costs can quickly stack up. So, selecting a broker that offers competitive spreads is important. With VideForex.com a spread is normally applied. The spread is dynamic for particular instruments. It will take liquidity and external markets for the underlying financial instrument into account.

Whilst they are not necessarily the cheapest broker on the market they are by no means the most expensive. This means you hopefully avoid the brokers whose fees are so low you pay the price in poor execution speeds and an unreliable platform. Whilst the costs at more expensive brokers will significantly cut into your end of day profits.

Leverage

VideForex.com do offer leveraged trading. This effectively allows you to borrow money to strengthen your position. The benefit to this is that it could significantly increase your profit potential. However, it also comes with the risk that losses will be magnified.

The company restricts all customers by default to a maximum multiplier of 1:100, in line with legislation. In addition, a customer’s loss is limited to their original investment amount, so the remaining amount of equity is protected.

VideForex.com can charge a commission for opening an un-leveraged cryptocurrency CFD position. This could be anywhere from 1 to 2.5% of the transaction. Opt for leveraged CFD cryptocurrency positions and the fee could climb to 5%.

So, if you are looking for forex leverage, VideForex.com can tick that box. Just ensure your strategy and money management system takes into account potential losses.

Other Trading Fees

When you are making a high volume of trades each day, costs can quickly add up. That is why you need to look for trusted online day trading brokers. VideForex.com is one of the limited numbers of brokers who attempt to make their fee structure as transparent as possible.

However, it is worth pointing out that VideForex.com reserve the right to charge a customer a swap fee of 0.07% of the face value of the position, if they wish to hold a position overnight.

It is also worth highlighting that there is no maintenance or registration charge when you sign up for an account with VideForex.com.

Finally, keep an eye on their official website for joining offers and promo codes. Sign up at the right time and you could benefit from free trades.

VideForex.com Trading Platform

As customer reviews of VideForex.com highlight, one of the unique features of this online broker is that they have chosen to design and create their own in-house trading platform. Whilst many will be used to the MetaTrader 4 (MT4) platform, there are certain advantages to the approach taken by VideForex.com:

  • By not using a third-party platform, they can ensure both the quality and reliability of their online trading platform.
  • VideForex.com know precisely what is happening to and on their platform at all times. Hopefully, this can streamline the querying process and ensure any problems and glitches can be ironed out swiftly.

Day trading on the videforex.com platform is straightforward to get to grips with for both beginners and experienced traders. It has been specifically engineered to retain usability, while still offering the variety of sophisticated trading tools and resources many day traders require. For example, in-depth trading tutorials can walk new traders through the platform.

The sleek system makes selecting your financial instrument a hassle-free process. You can get to the currency pairs, commodities and indices of your choice with just a few clicks. Plus, not only do you have your major currency pairings, but you also have access to cryptocurrency pairings and fixed return options.

You will also find that because their platform is web-based, no lengthy downloads are required.

A useful additional feature of the platform comes in the form of their social trading feature, also known as ‘copy trading’. This not only allows you to learn from experienced and successful traders, but it enables you to actually copy the trades of high earning traders.

Mobile Apps

There currently exists no VideForex.com apps options. However, this is partly because they are a relatively new company and there are plans to release their day trading software in the form of an app. So, in the not too distant future, day traders will have this option as well.

Methods of Payment

If you’re using VideForex.com from the UK, US, Europe, or anywhere else, you can deposit and withdraw money conveniently. Videforex.com have embraced the world of digital currencies, so you can now use any of the following methods:

  • Bank wire transfer
  • Credit cards (VISA/MasterCard)
  • Bitcoin
  • Ethereum
  • Litecoin
  • Altcoins
  • Neteller
  • Skrill
  • Perfect Money

This should put all customers at ease, knowing their funds are easily accessible.

Videforex.com Accounts

Whether you are trading VideForex.com CFDs, binary options, or forex, you will have the choice of three different accounts. The amount you deposit will depend on which account type you are eligible for. The three options are as follows:

  • Bronze – The minimum deposit is $250. With this account, you benefit from withdrawals in one hour, 24/7 live video chat support, a demo account option, plus their copy trading tool.
  • Silver – To qualify for the silver account you must deposit a minimum of $1000. You will then benefit from all of the Bronze features, plus you get a personal success manager and a master class web session.
  • Gold – This requires a minimum deposit of $3,000. For that, you will get all the Silver features, plus a bonus of 100%. You will also benefit from an individual account manager, plus have access to a Swiss pre-paid card.

As you can see, the greater your initial capital, the more day trading help you will receive. The switched on intraday trader will be aware that often, the greater tools and resources at your disposal, the better your chances of generating earnings.

Demo Account

Once you have made a deposit, you gain access to a VideForex.com demo account. This is the ideal place to develop a strategy and get familiar with market conditions using simulated money. Then, when you are confident, you can start putting real capital on the line.

Using practice accounts like the one offered by VideForex.com remain one of the top day trading tips for beginners.

Additional Features

Trading Contests

One of most interesting features that this 2020 review of VideForex.com has found, is their weekly contests.

There is no entry cost and twenty winners are listed each week. Both beginners and experienced traders can compete, as all accounts automatically participate. The best part though, a prize fund of $20,000.

Safety & Security

As cybersecurity is on the rise and online scams prevalent, being able to trust your broker with your confidential data is paramount. Fortunately, security at VideForex.com is a priority.

They use a high-tech, sophisticated system to bring you 100% secure trading and full data protection for all customers.

Regulation & License

Unfortunately, day trading websites sometimes suffer from bad press as a result of fraudsters. This makes it all the more important to check your broker can be trusted.

Whilst VideForex.com do comply with financial regulation standards, they are not limited to a specific country’s regulatory framework. They are licensed by the Finance Group Corp, who are located at, 2nd Floor, Transpacific Haus, Lini Highway, Vanuatu. It’s worth noting this means VideForex.com is not regulated by CFTC, like most US forex brokers.

Benefits

The best online trading firms need to tick plenty of boxes, regardless of whether you’re forex day trading, or interested in CFDs and binary options. Customer reviews of VideForex.com reveal there are numerous benefits to this broker:

  • Accessibility – They facilitate day trading for global customers, including the USA and Canada.
  • Low minimum trade size – You can enter positions with just $1. This is ideal for beginners and those with limited start-up capital.
  • Funding methods – VideForex.com facilitate payments via a range of payment types, from credit cards to cryptocurrencies.
  • Customer support – Customer support at VideForex.com is fast and reliable. Very few brokers offer the 24/7 multi-lingual video support found on their system. In day trading, every second counts, so having any glitches or queries remedied and answered efficiently can prove essential.
  • Non-stop trading – You can trade every day and through the weekends. This is ideal for busy traders who have to fit their trading around other commitments.
  • Withdrawal speed – Nothing dulls a win than having a considerable wait to get hold of your profits. If you day trade with VideForex.com, they guarantee your withdrawals will be processed within one hour.
  • Trading contests – VideForex.com regularly run trading contests. Not only are they great practice, but there are also cash prices. You will find more details on these competitions below.

Drawbacks

Despite the numerous benefits, there remain certain drawbacks to day trading with VideForex.com:

  • Web-based limitations – Many of the best online day trading brokers offer a variety of accessible trading platforms. Day trading on VideForex.com, however, restricts you to just their web-based platform. This means all trades must be placed through their website. Having said that, some traders will find this straightforward system convenient.
  • Restricted additions – As a result of their web-based platform, you are unable to utilise certain systems, such as forex expert advisors. It may also mean other indicators and tools will not be compatible.
  • No app – If you place many of your day trades when you are on the move, a trading app can prove useful. As it currently stands, VideForex.com do not offer such a service. However, this is partly because they are still very new. VideForex.com have ensured a mobile app is currently under construction.

VideForex.com Trading Hours

At VideForex.com, you can day trade binary options, forex, and CFDs 24/7. Not every online broker offers this, making VideForex.com a good fit for those with limited time or changing schedules. Quite simply, it ensures entering a position on the way to work, before bed, or late on a Sunday evening will always be an option.

Contact & Customer Support

One of the greatest selling points in this VideForex.com review is their new live video chat feature. You can access this feature directly from their homepage and this should afford traders peace of mind. It’s available to a wide range of users, from US to Australian clients.

Agents will be on hand to remedy any problems, via a public or private live video link. This standard of support assistance is much higher than the industry average. This makes VideForex.com a strong contender for day traders still finding their feet, or those that want re-assurance that live support is just a few clicks away.

If you wanted to contact the company who owns the Forex, CFD and binary options broker, they are called Vide Projects Ltd. Their registration number is 11461 and their address is 306 Premier Building, Albert Street, Victoria, Mahe, Seychelles.

Contact numbers are:

  • USA – 849 937 0843
  • Australia – 61 8 5550 7288

You can also email [email protected]

Verdict

If you are looking for the best online day trading brokers, then VideForex.com deserves a look in. Despite being relatively new, it offers attractive weekly contests, a bespoke trading platform, plus live video support. In addition, with a number of online trading accounts, plus straightforward setup and use, this broker is an attractive proposition for both beginners and experienced traders.

Accepted Countries

Videforex accepts traders from Australia, Thailand, Canada, United States, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

What are binary options?

Binary options are a sort of exchange-traded contract used for getting income from the performance of assets (currencies, shares, goods) in the global financial markets. In making a deal, the purchaser of binary options forecasts the asset’s price change. This financial tool has a fixed price, contract expiration time. and paper profit margin known in advance.

Are binary options a fraud? A professional assessment

FraudBroker.com is an investigation center for shady transactions of binary brokers, along with Forex and CFD brokers, stock brokers, cryptocurrency exchanges, etc. Our team of experts – professional traders dealing with various brokers – is ready to provide our website guests with precise information about whether any given financial market broker is a scam artist or not.

Our customers ask: «Are binaries the real thing or a scam?», «Is Forex a scam?», «Is cryptocurrency a real thing or a scam?» – everyone is concerned about professional opinions. That is because in trading in various markets there are many fraudulent brokers whose sole mission is to get trader’s money and do their best to make him lose. They may tamper with price behavior charts, may leave a trader without a payout, may just disappear and go silent or tap into other contrivances just for one purpose: to play you. Our professionals are ready to assist you in finding reliable brokers.

The most reliable binary options brokers for March 2020

Broker Bonus Min Deposit Payout Review Open Account
Up to 100% deposit $10 Up to 90% Review Visit Broker
$10 Up to 91% * Review Visit Broker
10 USD Review Visit Broker
Deposit bonus 50 USD Review Visit Broker
2 types of bonuses $100 Up to 90% Review Visit Broker
Up to 100% on deposit $5 Up to 100% Review Visit Broker

*Amount to be credited to the account for a successful trade.

«General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all of your funds. You should never invest money that you cannot afford to lose».

Our aim is to expose scam schemes and provide traders with reliable information on which they can based safe trading decisions. Please check our completed reviews to know if a broker works according to terms imposed by regulatory institutes. If you are not able to find information on our site, make a request to initiate a review scrutinizing the broker in which you are interested. Just fill out the application form. We will investigate the broker’s activities and send you the results by email. Due to a large number of requests to investigate the activities of brokers’ who show signs of cheating, we will provide you with an answer in the shortest time possible, likely a few weeks. We strongly recommend you send your request us as soon as possible to secure a place in the queue.

Binary options – is this a scam or not?

The idea that binary options mean cheating novice users comes from the fact that sometimes even the best brokers may be marked as not being utterly honest. Our goal is to provide complex reviews that are based on the real trading experience. Only then can we be sure that a particular broker is cheating. Binary options trading is one of the most rapidly growing financial industry sectors. That’s why the scammers are trying to get in on this market. We would like to help you to expose that kind of market participant and avoid possible harm. Our team of experienced binary options traders has worked professionally for over 5 years in the financial markets. We know how to spot the scammers.

Is Forex a scam?

Apart from investigation of the activities of binary brokers, we study companies that give traders a chance to earn income by investing in other financial markets. The currency market forex is for good reason among the best ways to get a decent income from trading currencies. It works 24 hours a day, is available for traders of any wealth, and, due to internet technologies, it’s easy to become a part of it just by going online from a home computer. Of course, apart from various advantages, it has also led to the emergence of a huge number of scam brokers. They seduce traders by promising them high earnings, unreal payout percentages, and lucrative bonuses, but instead disappear immediately after the funds are collected.

The mission of FraudBroker.com is to study the activities of market brokers providing trading services on Forex and to caution traders against problems they may face by catching scam artists. How do you identify a swindler and a cheat among many Forex brokers? Check brokers for possession of a license and work on their demo accounts carefully. Also have a look at the current rating of verified Forex brokers and read the references of traders about them right now on the specific webpage.

Is CFD a cheat and a scam?

CFD (contracts for difference) have been especially popular with traders recently as they allow traders to essentially make money on the difference of prices of various assets: raw materials, metals, currencies, etc. There is no purchase of assets here, no solution offered for the issue with title documents and so on. This aids interaction between trading parties, lets a trader earn both from assets appreciation and loss. Dealing with CFD is lucrative, quick, and easy.

Taking into account the high popularity of this market many brokers immediately started offering access to its capacities, which is not bad in general. However, today there are a lot of suspicious companies, too, with unique bonuses in their arsenal and guaranteed high income from investments in CFD from small traders’ efforts. How do you choose a reliable CFD broker and not lose your money? For our website users, we have prepared an urgent rating of CFD brokers, where they can not only read the detailed brokers reviews, but also study real traders’ feedback about them.

Is cryptocurrency a scam or the real thing?

Cryptocurrency is popular and one of the most volatile assets of our time. It is among the most vital financial markets and lets you obtain income by purchasing and selling digital coins. This growing market resulted in the whole cryptocurrency boom, and we all are unintentional witnesses of its rapid development, have hot discussions on the latest news of digital assets dynamics, become tokens holders etc.

Such attention to cryptocurrency couldn’t help but generate a large number of scam lottery websites and fraud projects in the market, which were created just for one purpose – to take over traders’ cryptocurrencies and disappear. How «not to fall in their hands» and to keep and multiply your digital money are the topics the team at FraudBroker.com works on. You can read a lot of informative articles about cryptocurrency and digital assets trading strategies, along with detailed reviews of cryptocurrency exchanges and brokers allowing trading digital tokens.

Is the stock market a scam and a fraud?

The stock market is one of the oldest financial markets allowing any concerned user to make money investing in shares of the major companies and brands, and it is popular all around the world. For instance, a trader may easily become a holder of shares of Coca-Cola, McDonald’s, Apple, Adidas, Starbucks, Gasprom, Nornikel, etc. Shares have always been among the safest assets, and the chance to become a holder of assets of famous brands is appealing to solid investors. With the emergence of the huge market of internet technologies, the chance to get a decent profit from stock trading only increased, and ordinary people became concerned about them, too.

Obviously, there are not only fair stock brokers in this oldest market, but also websites promising naïve traders heaps of money when in reality they are fraudulent scams. How do you choose a reliable stock broker? On the project website FraudBroker.com you can not only study the up-to-date ratings of stock brokers but also read a huge number of reference materials about trading in the stock market.

Our team

John Reichard, 38, New York City, USA

Hello! I’m John Reichard. I will be glad to help you. Not many people could boast that their profession and hobby are the same thing. For more than 5 years, I have analyzed binary options brokers. I devote my time to trading and market research, and I’m ready to share my experience. My goal is to guard myself and other traders against thieves. I have opened accounts with different brokers to check their trading platforms and payout obligations, so everyone knows what firms are honest and which are just running their scam schemes and robbing the clients.

Floyd Lewis, 33, Toronto, Canada

For over 8 years I’ve specialized in binary options, robots, and signals. I have been a computer engineer and programmer. After my second daughter’s birth, I started working from home. I personally check the binary options robots and signals, different trading strategies and tactics. My aim is to verify whether programs are working properly or not, in order to determine winning strategies in these systems.

Kevin Murray, 29, London, England

I have a master’s degree in finance management and specialize in Forex trading and binary options. I’ve been the senior consultant with a project called FraudBroker.com since 2020 and have devoted most of my time to lead traders in the right direction. The latest articles on this site are mine. Now I’m a daytime trader with over 5 years’ experience in the binary options industry. People regularly contact me to ask my professional opinion on various things, including binary options scammers.

Recognize how to avoid scamming

Cheating is possible. First of all, you must ensure that your broker has a certificate issued by one of the regulatory institutes. Verify if there are any positive or negative remarks on the Internet. Pay attention to the conditions of the services that brokers provide, including trading conditions and bonus-receiving conditions.

You can ask your questions online using an online chat application or request a telephone call and ask your questions this way. Furthermore, you can request the broker’s verification and wait until we determine if there are signs of cheating and deceiving.

How to choose a decent binary options trade broker?

The choice of the right binary options trader is the first step to a successful trading career. Actually, it is really hard to choose an honest broker out of the more than 350 working firms on the market. That is why we at FraudBroker.com decided to intervene and help visitors on our site. We have ample knowledge about how to choose a binary options broker. Our site is a good place to do the first steps in binary options trading. If you are not utterly sure that your broker is reliable, we would advise you to choose a broker number 1 from the list above and start trading safely by having a broker whom the FraudBroker.com team members trust.

Dear guests, please give us your opinion about binary options and answer a few sociological poll questions:

Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

CFD Broker

Although CFD are a relatively new way to trade within the stock market and other financial markets, it is a rapidly growing area of the investment markets. Seasoned traders are dabbling with this technique and it has opened the door for many novice traders to invest in the markets. However, it is essential to understand the processes and risks associated with this type of trading.

CFD became a legal trading vessel in 2008 when the United States recognized it as a valid, although different way to trade on the stock exchange. It is recognised as one of the easiest ways for anyone to start trading; particularly those with no experience.

When you trade in CFD you never own a commodity or asset. Instead you are speculating on whether the price of a specific asset; usually defined by the share price, will go up or down within a set period of time. In effect, you are gambling or making a prediction on the price movement of a particular asset; of you get it right you make money, if not, you lose money. Each speculation is usually very short term.

There is a good quantity of information provided to you before the trade, whether you use online software or an approved CFD broker. In essence you choose an asset and decide whether the price will go up or down; you cannot hedge your bets and hope it will stay the same! This makes the concept of your investment very simple; either the price moves in the direction you say it will; you will get a return on your investment, or, it moves the opposite way and you get nothing.

Once you have chosen your asset then your CFD broker will tell you the percentage return you will get if you are correct. You then need to choose the timeframe for your speculation and how much funds you are willing to commit. Once you have decided all these factors and you are happy with your decision, start the trade by selecting “execute” on your screen. The sit back and wait!

CFD trading is one of the few areas of investment where you will know exactly what your return will be; providing the stock price moves in the right direction. You are also open to trading in a huge variety of markets; whether currency, stocks or commodities; the principle is the same across all markets. In fact, CFD are one of the easiest ways to trade on the international markets without needing multiple brokerage accounts and complicating your investments.

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