Binary options legit
binary options legit The Binary Options Blacklist with Reviews & Ratings. The Blacklist – Brokers To Avoid. Helping you avoid the scam brokers and find the legit ones is why we created the trader driven Binary Options Blacklist . We welcome you to our virtually ‘no holds barred’ ratings, comments and broker reviews website. The binary options industry experienced an increased in popularity lately.
Traders from all over the world now have access to an industry that prides itself as being the simplest form of trading. Yet, there’s a lot of controversy surrounding it. Many brokers simply fly under the radar. Meaning, they’re not regulated.
Others, simply don’t operate legally in a country or territory. For this, they use offshore companies. In other parts of the world, trading binary options is simply illegal. It’s not allowed for a broker to offer the services.
Moreover, on top of all these, in most of the countries in the world, there’s no legislation. Because of that, brokers found an opportunity to profit from people’s desire to make a quick buck. As such, the industry is plagued with scammers.
Not all brokers fall into this category, though. Many of them run eligible businesses. However, the problem comes not from the broker’s side, but from the traders. Traders have the impression binary options is an easy game.
First, this is not a game. Second, it can be anything, but trading binary options is not easy. When compared with other financial products and financial sectors, trading binary options comes with a handicap.
From the start, the traders must use a risk-reward ratio that is unfair. To put this into perspective, imagine the Forex industry. Any serious trader doesn’t even think of going in a trade without 12 or more as a risk-reward ratio. This means that for every pip or amount risk, the expected reward is minimum two times. This gives room for error and allows traders to incorporate losses while the account still grows.
In the binary options industry, the maximum reward is around 90%, with most of the times the rate or return being well below this number. From the start, traders face tough conditions. What Are Binary Options.
In principle, trading a binary option is a super-simple process. Or, at least, it should be. All you should do as a trader is to guess the direction of a market or financial product. Namely, if you think the price of an underlying security will move to the upside, then you should trade a call option.
On the other hand, if you think it will fall, you’ll trade a put option. Note that you can only buy an option. A put for a bearish setup and a call for a bullish one.
When compared with Forex trading, the difference is that a Forex trader buys or goes long, and sells or goes short. Still, heshe needs to give the general direction. Moreover, when it comes to binary trading, traders must set an expiration date.
In fact, a binary option has two elements traders need to decide upon the striking price and the expiration date. No only traders need to indicate the direction (that’s the entry price or the striking price), but they need to indicate a point in time when the option will expire. In plain English, a point in time when the comparison between the striking price and current price will be made. Based on the outcome, it is said that the option expires in the money or out of the money.
The pros of trading binary options come from the simplicity of the product. Moreover, with a sound money management plan and avoiding short-term expiration date, trading binary options is a nice way to diversify a portfolio. Unfortunately, the cons overcome the pros. Because traders need to indicate the time element. The holy grail in trading is price and time, and binary options include them both.
Binary Options Scams, Ripoffs & Bad Trading Sites. As mentioned earlier, the industry is plagued with binary options scam brokers. Because of this, it is very difficult to read a positive review even for good brokers.
Traders must know one thing in advance a broker must be regulated. This is not valid only for the binary options industry. In general, if you place your money in a trading account, you’ll want that entity to be regulated. The financial authority that regulates a broker gives a license number. To be regulated, the broker must follow specific rules and have a specific conduct when doing business.
The license can be suspended if the financial authority finds out otherwise. Unfortunately, regulation costs money. It is an expensive process and brokers don’t like spending money if they can find other ways to attract traders. As such, they register the company in an offshore environment, without being regulated by a financial authority. From this moment, scamming people is quite easy.
The most popular and “legal” way to scam traders is to offer them a welcome bonus. This is similar to the Trojan horse in the Greek drama story. The thing is that the brokers offer the bonus but tie it up to a super-unrealistic trading volume. In other words, traders can’t even withdraw their deposit, until the trading volume is reached. Needless to say that the more you trade, the more risks you’ll take, and, in the end, the chances are with the broker, meaning traders will lose their capital.
Statistically, in Forex trading, over ninety percent of retail traders lose their first deposit. In binary trading, the chances are even bigger than the ones in the Forex industry. A bad trading site doesn’t make public the registrationregulation number. That’s the first sign the broker is not trustworthy. We use the comments here on the binaryoptionsblacklist.
com to rate and classify different brokers. A green badge means the broker is trustworthy, according to the median of the comments here, and is verified. An unverified broker gets an orange badge, while a scam deserves nothing but a red badge. Approved – A green badge means this is a broker that we trust. We would and or do trade with today.
These are the current leaders of the binary options industry, & where the majority of traders are trading today. They have a positive reputation in general, a track record of integrity, fairness and competitive returns. We feel most confident trading binary options at these sites.
Use Caution – A yellow badge means that we have not done enough research to decide on this broker yet. This is a broker that has been recommended by others as a place to trade. There was not enough info to make an informed decision about the broker to rate them green or blacklisted.
Comments and trader reviews highly encouraged on yellow rated sites to help educate everyone and update our ratings. BlackListed – When a broker has the blacklisted red badge this means that we would not trade there. There is enough negative information found through our research that we decided this is not a binary trading broker that we would feel comfortable depositing money at. Since we would not deposit our money there, they get the Black List badge.
Binary Options Trading Sites Listings – How We Get Our Top List. Without being regulated, a broker will always have a dark shadow on its name. The purpose of regulation is to protect customer’s interests.
A good example comes from the Forex industry. When the SNB (Swiss National Bank) dropped the peg on the 1.20 floor on the EURCHF pair, many brokers went busted. However, because they were regulated, the clients could receive the money from their trading account. It took a few months, but the whole process was well-communicated and there was never a shadow of a doubt that the financial authority would not step in. As such, regulation is a must. Regulation comes with specific conduct.
A broker cannot simply do what it wants with the funds it receives. Tougher regulation comes with segregated accounts. It means the funds deposited will not be touched by the broker. They’ll be deposited in a separate, segregated account at a custodial bank.
The broker will only earn from commissions and fees. This way, everyone’s interests will be aligned in the same direction. A good broker doesn’t have a minimum deposit. Or, if it does, it is quite small.
They leave the option in the hands of the trader and use the time they trade to offer the best possible trading experience. Starting with the opening of an account process and ending with withdrawals, there should be no flaws what-so-ever. Typically, a good broker will have good reviews. However, even reviews are sometimes scams.
Because of the tough competition, people are sometimes paid to say things about a broker. Other things like the possibility to trade on a demo account, to choose if you want a bonus or not, if the broker offers a trading app or not – all these are part of a good broker. However, everything comes after regulation.
Scam Brokers and Claims of Fraud and Theft – What Is Really Going On? Unfortunately, the binary options industry has a bad reputation. The problems start from the way the industry is advertised. Traders should know that buying a call or a put option requires the same strategy as buying or selling any financial product. Therefore, everything is the same.
While traders know there’s a lot of risk involved and succeeding in financial trading is not an easy task, the binary options traders fall prey to false advertising. How many of you saw at least one commercial in your Inbox or online saying that the lady that sells groceries just made a profit of a thousand dollars in a day? Probably all of you. Now, let’s try to keep it real. Why would anyone advertise like this?
Moreover, why would anyone believe this is true? In fact, binary options trading is no different than Forex trading, or CFD’s, Stocks, and so on. The process is the same traders use technical or fundamental analysis to buysell a financial product. What makes binary options even more difficult is the time element. Traders must choose an expiration date for their option, on top of the right direction.
Most of the binary options blacklist brokers end up stealing people’s money. They have aggressive selling techniques, dedicated trading managers, that simply don’t care about the basic principle of money management in trading. Scam brokers will always push for traders to trade more and more. Especially short-term to very-short-term expiration dates.
In fact, the chances to be consistently profitable trading one-minute or five-minute binary options are almost close to zero. Moreover, unverified brokers use the same principles as a market maker broker does in the Forex industry. Namely, they create a “virtual market” for their clients. In other words, they don’t “route” the orders to the interbank market or other liquidity providers. They keep all their orders in house and bet on the fact that the clients will eventually lose their funds.
When that happens, they book the funds for themselves. There are plenty of software specialized in mirroring quotations. Independent Binary Broker Reviews – Comments and Ratings from Traders.
That is an interesting topic to consider it, especially if traders want to find verified brokers. There are several things to consider. Firstly, regulation.
If the broker is regulated, it means a financial authority verified it and its activities. Moreover, the process repeats on a constant basis. Secondly, independent parties, like websites as this one, may take upon the task of listing scams in the industry, honest brokers, and give a ranking of good and bad brokers.
On top of it, customers reviews matter the most. Here, too, things must be taken with a grain of salt. There’s a lot of spamming going on. Scam brokers comment and spam forums too. For this, we moderate any obvious spam and links and allow only appropriate behavior. A customer review matters the most in all industries.
If a broker scams once, it will do it again, on and on. As such, traders must decide on their own if the broker is indeed the partner they’re looking for. This feedback helps us with our ratings for the brokers listed here. However, the lists here are just that lists. Traders must know that buying or selling a financial product comes with a risk. While there are plenty of opportunities, there’s also the risk of losing all the capital involved.
For this, any broker, no matter if binary or Forex, makes sure the clients know that they should never trade more than they can afford to lose. Trading is a game of probabilities. But, above anything, trading is not a game. These are real money involved. As such, traders must know the risks and the potential rewards involved.
Moreover, trading is not an easy task. There’s a lot of work involved, like in any regular job. Sometimes the market simply doesn’t move. When this happens, traders will insist on trading.
They end up overtrading and if they are on the wrong side of the market, the funds are gone. But, successful trading is not impossible. Patience and discipline are key. Together with a proper trading education and the right partner (broker), traders can make it. The broker and the trader should have the same interests.
Only when this is the case, traders have a fair representation in the financial market. Never deposit more than you can afford to lose. We wish you the best of luck on your trades! ** *NO links in your comment if you want it to be approved and published.
All comments are manually moderated by our team, and all variations of an email addresslink will be removed and the poster will be banned. Only genuine feedback on broker experience is allowed. Sorry!!
But the spammers are relentless. Top 5 Binary Options Brokers – August 2017. we’ve tested the most trusted USA binary options platforms and international brokers, and below you can find a comparison table with the results.
International Binary Options Brokers accepting US Traders * Best Auto Trading Sofware – Robots* Best US Regulated Binary Options Exchange. Chicago based Broker. He has been a professional trader for over 5 years.
Currently he works as forex analyst for different investment companies, and also the main author at USBinaryOptions. com. Latest posts by James S. Martin (see all) Tauribot Review - February 3, 2016 Binary Hedge Fund Review - December 4, 2015 Binary Option Robot Review - February 12, 2015. Trading in Financial instruments always carries an element of risk and it´s not recommended for all investors or traders. Before deciding to trade binary options you should evaluate your investment goals, your experience and risk propensity.
You need to know there is the possibility of losing some or all of your initial investment therefore you should avoid to invest money that you cannot afford to lose. Disclaimer of Liability. The information contained within UsBinaryOptions.
com is only for general information and educational purposes only, and it's not intended to provide financial advice. Usbinaryoptions. com, its employees, ando agents , are not responsible for a loss of damage of any kind.
This includes profit loss that may come directly, or indirectly, from us or the information that is posted on usbinaryoptions. com. *US Regulation Disclaimer. All binary options brokers or trading platforms listed as "International Brokers" on our site are not regulated within United States with any of the regulatory agencies.
SCAM Brokers Pray You don’t Join us today! Is-Scam. com is a binary options scam investigation hub.
Our team of expert traders deals mainly with various automated robots to ensure that they are not SCAM. The binary options industry has a good amount of SCAM systems, as well as brokers. Our goal is to ensure that they are exposed on this site, and traders are protected. To find out if a certain software is legit or not If you cannot find the system you are interested in, submit your e-mail and you will get exclusive news and scam alerts. You can also submit a request for us to research a given robot.
Our trading experts are most likely investigating it right now and we will send you the results as soon as possible. Just fill out the form on the right and sign up for free. For your safety we have tested and approved already the robots listed below TOP ROBOTS September 2017.
But What Are Binary Option Robots? There is no clear statistic how many are the binary options robots currently operating in the industry. Many more join the market every day. Each is a challenge to determine whether it is scam. We keep constant watch to make sure we do not let scam robots go unnoticed and we expose them before they manage to destroy your investments.
Binary options robots gradually gained popularity. Active traders seek them to automate their investments, while beginners rely on their autopilots in order to participate in the investment world without having skills or financial knowledge and experience. That is why it is so easy for fraudsters to scam people.
But reliable trading robots can really enhance your trading and investments, helping you to reach a level of financial stability most people can’t afford. Are Binary Options Robots SCAM? Even the best binary options robots can sometimes be marked as SCAM. Our goal is to provide comprehensive robot reviews based on real trading experience.
Only then we can be 100% sure if a certain robot engages in bad practices. Of course, there are people that lose their investment and tend to blame a robot about it. We aim to find out the details on both sides before coming to a conclusion. The binary options industry is one of the fastest growing businesses in the financial field.
That is why it is sometimes possible that some scammers try to enter the market. We want to help you by identifying those bad players and prevent bad experiences. Our team of binary options traders has over 50 years combined experience in the financial markets. We know how to spot scammers. Learn How to Avoid Scams.
People do not research enough before signing up for trading robots. And this is a crucial part of success. The Is-Scam. com’s mailing list will provide you with the latest information on various robots’ legitimacy, if you sing up for it. Reading reviews can save you a lot of trouble.
Look for other traders and investigators’ opinions on the binary option robots you are interested in. This way, you will be able to get a better idea of the quality of service offered. There are also additional signs you can look for to determine the reliability of a certain trading system before actually signing up for it Scammers make unrealistic promises – there isn’t a system that can turn you into a millionaire overnight. This is the simple truth, no matter how hard you want to believe the claims of certain people. Scammers claim unrealistic accuracy – even a flawless robot will lose from time to time.
It might not be the robot’s fault, but the bad Internet connection you currently have. Nonetheless, you must be prepared that apart from gaining some, you might lose some as well. Scammers work with scammers – when signing up, you will be connected to a broker, recommended by the system. Make sure you investigate these brokers as well. Even though a system might be a good and properly working one, there is no guarantee that your experience won’t be ruined because of the broker.
For making it even easier for you, our Is-Scam. com investigation hub also reviews and researches into the authenticity and reliability of binary options brokers. The Importance of Binary Options Brokers. Even if you trade with a binary options robot, all connect with brokers, compatible with them.
This is due to the fact that robots require their infrastructure and influx of information to make calculations and suggest winning trades. Deposits and withdrawals also go through the brokerage account you open upon claiming a license for a binary option robot. This is another reason why the brokers should also be reliable. Is Binary Trading Legal In The United States? The US is where retail binary options trading was launched in 2008, but traders in the US are gradually finding themselves out of options when it comes to trading with binary brokers.
There are however new options for citizens and residents who want to do business with the top brokers. Binary Options trading in USA. The first binary contracts were introduced to the Over-the-Counter (OTC) market in 1973, where they were exclusively traded by institutional traders. These were illiquid instruments that were traded as exotic options and were not accessible to the public.
In 2008, binaries were made available to the retail end of the market when the Securities and Exchange Commission (SEC) enacted legislation to allow for retail trading of binary options. The US binary trading market is presently expanding, and features three main brokers, otherwise known as designated contract markets or derivatives clearing organizations. Some of these brokers have affiliations with foreign companies that provide some form of value-added support to the brokers and traders working within the industry. Two issues have defined the trading of binaries in the USA.
These are SEC regulations on what assets can be traded The laws regarding the trading of online binaries. According to SEC regulations, assets offered for trading in the US must be listed on the exchanges found in the country. These include assets listed on the Dow, Nasdaq, S&P500, the various commodity exchanges (e. g. NYMEXCOMEX) and the optionsfutures exchanges such as the CBOE. When it comes to the laws regarding the trading of binary options on online platforms, the issues circulate around the perception of what constitutes online binary options (European-style options) and the US-style exchange traded binaries.
The CFTC has released several circulars and warnings regarding online-traded binary options, explicitly referring to them as a form of gambling. As a result, US citizens and residents are prohibited from doing any form of trading business with online-traded brokers. They are instead advised to trade with US brokers, whose product offering is in line with the laws and with the regulations of the CFTC. The binary market in the US and the brokers operating within it, are regulated by the Commodities and Futures Trading Commission (CFTC).
Currency pairs & Spread. The asset base available for trading on US based platforms is limited. Only 10 currency pairs are available for trading on NADEX EURUSD, USDJPY, GBPJPY, EURGBP, USDCHF, USDCAD, AUDUSD, AUDJPY, EURJPY and GBPUSD. On Cantor Exchange, the number is even lower just six forex pairs. NADEX binary contracts on currency pairs are priced from $0 to $30. All binary options settle at $0 or $100.
Depending on where the asset settles at expiration, the difference between the contract price (anywhere between 0 and 30) and the settlement value (either 0 or 100) is multiplied by the number of contracts to give the trading profit or loss. When it comes to the online trading platforms used in the market in the US, the US binary options brokers have all opted to develop trading platforms that are unique to their brand. These proprietary platforms therefore offer the US traders the opportunity to trade specific contracts in a manner that is unique to each exchange, and yet complies with the CFTC rules on how binary options in the US are to be traded. Specifically, Cantor Exchange LLC, one of the CFTC-designated binary brokers in the US, has created an innovative platform which was designed by Tradologic, an independent software vendor.
Tradologic is a well-known software vendor in the market. Deposit and withdrawal options. What are the most popular options for deposits and withdrawals among binary options traders? US binary options traders are able to use certain means of deposits and withdrawals that are not available to traders in other countries. There are also some means of transaction which are not available to US traders.
PayPal The top US binary options brokers are the only binary brokers in the world to avail their traders the use of PayPal as a deposit method. In the US, PayPal accounts are linked to bank accounts. This makes it easy to verify traders. Deposits and withdrawals are settled instantly. Cheque Cheques issued on US account such as Ach are available to US traders.
These usually take a longer time to be processed. Cards Cards issued by American Express, Diner’s Club, MasterCard and VISA are available to US traders. Deposits and withdrawals are processed instantly.
Local bank wires are also available from any of the US banks. Digital wallets are generally not available to US traders. Skrill and Neteller do not accept US traders, so these cannot be used on the platforms of binary options brokers in the US. Legality & Regulations. What are the legal considerations and regulatory conditions attached to the conduct of the brokerage and trading of binary options in the US? The legality of binary options in the US is contained in the various bulletins and circulars released by the Commodities and Futures Trading Commission (CFTC), the agency which regulates the binary options industry in the US. The legality of binary options borders on the following points Whether the broker has registered the assets it hopes to offer for trading with the SEC. This status is determined with a tool on the SEC site known as EDGAR.
Whether the trading platform itself is registered as a trading exchange in the US. Again, the SEC website is the source of information on licensing of exchanges to offer binary options. Listing of the provider’s platform as a designated contract market. This status can be checked on the CFTC website.
Putting these three metrics together, a binary options broker can only be licensed to offer binary options in the US if The assets it offers are listed on an SEC-licensed exchange. If the platform is registered as a trading exchange. If the broker itself is registered as a designated derivatives contract market. Till date, only three entities have fulfilled these conditions to warrant licensing from the CFTC.
Here are the frequently asked questions that most users have about the conduct of binary options in the US. Answer Contrary to the general perception, they are are legal in the US. However, they must be of the exchange-listed variety, as mandated by the SEC and the CFTC. In other words, traders are only allowed to trade binary options on assets that are listed on the exchanges found in the US market. Is it safe to trade binary options in the US? Answer The CFTC is the regulator of binary options in the US. The CFTC has a reputation for being arguably the strictest financial market regulator in terms of market sanitization and enforcement of sanctions against errant brokers. Costs and punitive financial sanctions which regularly require brokers to refund money considered to have been taken off clients from irregular brokerage practices have been applied in the recent past. This makes it very safe to trade them in the US. As a US citizen, am I allowed to trade binaries with offshore brokers?
Answer The CFTC considers trading with offshore binary options companies as a form of online gambling, which is illegal under US law. Therefore, US citizens are prohibited from trading binary options with offshore brokers. Do I have to pay tax on the proceeds of my binary options trading? Proceeds of binary options trading have to be reported to the US Inland Revenue Service (IRS) and are subject to taxation. Am I able to use binary robots on the US platforms?
Answer US platforms are not configured to allow the user of robots. Are binaries in the US offered on a fixed or variable payout basis? The exchanges, NADEX and Cantor Exchange offer payouts on both a fixed and variable payout basis.
The article has attempted to bring to light, the peculiarities of the US binary options market as well as the existing regulations guiding the operation of binary trading in the US. Presently, only US citizens and residents can trade exchange-listed binary options in the US. This looks to be the way things will work for a long time to come. Top 5 Binary Options Brokers – August 2017. we’ve tested the most trusted USA binary options platforms and international brokers, and below you can find a comparison table with the results. International Binary Options Brokers accepting US Traders * Best Auto Trading Sofware – Robots* Best US Regulated Binary Options Exchange. Chicago based Broker.
He has been a professional trader for over 5 years. Currently he works as forex analyst for different investment companies, and also the main author at USBinaryOptions. com. Latest posts by James S. Martin (see all) Tauribot Review - February 3, 2016 Binary Hedge Fund Review - December 4, 2015 Binary Option Robot Review - February 12, 2015. Trading in Financial instruments always carries an element of risk and it´s not recommended for all investors or traders.
Before deciding to trade binary options you should evaluate your investment goals, your experience and risk propensity. You need to know there is the possibility of losing some or all of your initial investment therefore you should avoid to invest money that you cannot afford to lose. Disclaimer of Liability. The information contained within UsBinaryOptions. com is only for general information and educational purposes only, and it's not intended to provide financial advice.
Usbinaryoptions. com, its employees, ando agents , are not responsible for a loss of damage of any kind. This includes profit loss that may come directly, or indirectly, from us or the information that is posted on usbinaryoptions. com.
*US Regulation Disclaimer. All binary options brokers or trading platforms listed as "International Brokers" on our site are not regulated within United States with any of the regulatory agencies. binary options legit Are you looking for a Binary Options Trading Signals review that telling the truth about the Binary Options Trading Signals scam free software?
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Though you obviously know what FAQ mean we are saying it again, it’s Frequently Asked Questions. Let’s know the Binary Options Trading FAQ for better understanding on binary options trading and on the binary options market. What is Binary Option? “Binary Option” is a very simple prediction or betting type trade which the only outcome is ‘Binary’ and always resulting as Yes or No. If you win or your prediction is right you will get a fixed amount which includes profits, but if you lose or your prediction is not right then you will lose your total investment. In one sentence “Binary Option” is a form of financial option with fixed returns. How Stock Trade Works? You can trade stock through binary option by following below steps 1. Select the stock what you want to trade. 2. Set the expiry time of your trade. 3. Enter your trade size or the investment what you want to invest. 4. Predict the stock price, if it will go up or down and execute your trade by placing a put or call trade. The stock trading process is same in all broker. In some broker, you can see few more complexity layers, but in stock trading UpDown option trade type is the most popular among the traders. What is Call and Put Option? Call and Put are the term to buy and sell options. If you think the asset price will rise than the underlying price, you can buy a Call option. But if the asset price expects to fall, you can buy a Put option. Call and Put shows as the buttons in a trading platform and different broker names them differently like CallPut, BuySell etc. Most of the broker uses the CallPut term in their trading platform. Every broker makes it pretty much clear that a trader is opening hisher trade in which direction by the Call or Put option. Is Binary Option a Scam? A common question because people feel insecure when they want to invest on something. Binary option is a tool of financial investment, so it can’t be a scam. But yes there are dishonest, unsafe brokers, signal providers and trading robots in the market. The point is Binary Option itself is not a scam but a broker can be dishonest and a scam. For these type of dishonest operators, binary option financial investment tool suffers. For that reason, financial regulatory authorities from all over the world started to regulate and license the operators and they fine the dishonest operators or closing them to clean up this industry. You can avoid the scams by checking the below facts in an operator 1. Promise huge return in the promotion – It’s a clear warning for you. Binary options trading is a financial tool with high risk and high reward as a return. You can’t be wealthy overnight by trading binary options. The operators who claim such thing is not trustworthy. 2. Know about the brokers – Some binary options trading operators especially binary options auto traders and robots are partners with different brokers, so in many cases trades have no idea with what broker they are opening their accounts. Before start trading, a trader should know about the broker whether it licensed or not. 3. Beware about Cold Calls – Cold Calls can be a dangerous thing for the trades and regulated brokers are not allowing Cold Calls. Also, legit brokers are not offering this. The unregulated brokers who are interested in getting the initial deposit amount from the traders offer Cold Calls. You should avoid these type of broker. 4. Check brokers terms and conditions – I suggest you check the terms and conditions of a broker especially before accepting any kind of bonuses. Some brokers are looking for an amount of initial deposit until the traders make trades in a high volume. The first deposit amount is only trader’s money, the legit and licensed broker would not claim this money before any trade is placed by the traders. Some brokers also offer an option for canceling the bonus in case it does not suit for them. 5. Do not depend on anyone for your trading – Trade yourself and do not let the account manager trade behalf of you. In this case, you can see a conflict of interest because the account managers always encourage trades to trade in a large size and to take big risks. You should be careful about that. 6. Check license and regulation of the brokers – I think this is the most important part to determine if a broker is a scam or legit. If a broker is licensed and regulated by the financial regulatory authorities, only then you should trade with that broker. But if a broker is not licensed and regulated, simply avoid them. Which are the Best Trading Strategies for Trading? The strategies of binary options trading are different from each other. Legit Binary Options Review has a section for Binary Options Strategies, and from there you can learn about different binary options trading strategies and can experiment with them. Combining with asset price research and charts many traders use technical analysis. For all trading to ensure the risk management, money management is very important. Different traders suits with different trading strategies. Actually, there are multiple best strategies, not a single one. What trading strategy suits you depends on you need, investment aim and on the risk management. Is Binary Option Trading a Gambling? It entirely depends on the habit of traders. Without any research and strategy based on your luck if you invest to win or lose then it’s more like gambling. But if you don’t depend on your luck and trade with your skill and with your result of market research to avoid the lose then Binary Option is a fair trade to place on. You should make a trade based on the expected asset value and profit, not on your luck which is gambling. I think you understand that this question’s answer completely depends on the trader’s behavior. What are the Advantages of Binary Options Trading? Today’s world is filled with many financial investment tools and now people can easily engage with these financial markets through the advanced technology like the Internet-connected computer, laptop or mobile device from any place of the world. There is little bit confusion among the people in what financial market they should invest. Forex has got the attention because of the legit activities of Forex brokers and they were able to believe people that forex is the easy way to make money. But forex market has few peculiarities and for these many traders already have been seen the wrong end of the forex market. This is the point where binary option comes to save the traders with many unique advantages over any other financial trading instruments. Check out the below advantages of the binary option. If you traded forex before you obviously know about the huge risk of forex market because the blown off the forex market is very easy. In the other online trading except for binary options, trades outcome affects by many parameters and traders have to battle with them. You have to consider too many things for forex trading like margin, leverage, price re-quotes, slippages and news events too which are able to make a negative impact on your trading. That is why forex is riskier than binary options because there are no such things in binary options trading. There are no leverage, slippages and price re-quotes in binary options trading. So your trade will not affect by any additional facts or tools. This is the main reason which makes binary option trading a low financial risk trading. Some binary options brokers return an amount of the asset purchases even though traders lose their trades. You can trade currency and commodities in binary options without leverages, slippages and price re-quotes as well as can trade stocks and indices. You will not have such trading flexibility in any other online trading. Binary options are like an all in one shop where you can trade all the major assets in one place. • Binary Options Trading Simplicity. The direction is the base parameter of binary options trading. On what specific direction the asset price will end the traders are predicting that. Moreover, you have the freedom to set your own trade expiry time. This gives the opportunity to a badly started trade end up well. There is no such thing in the other financial market. So there is much less risk in binary options trading than the other markets. In binary options trading, you will have better control on your trading. As the example, you want to buy an asset, you already know what you in advance what you can gain and if you lose the trade what you will lose you also know that. It’s decent and clear to the traders what is not happening in other trading markets. In this case, if you look at the forex market you will see that if you want to set a pending order to buy a news event with high impact, there is no guarantee that your trade will place at the entry value or at the exit point to stop loss your losing trade can be closed out. • Binary Options Trading has Higher Payouts. You will have a higher payout for your trades comparing the other trading market. Most of the legit and licensed trading brokers offer a payout of 70% to 90%. Without jeopardizing your account this payout can be achievable. In the other financial trading market, you can expect that kind of payout if you are able to disregard the money management rules and can invest a huge amount on trading. You need to have a huge amount of capital if you want to trade in the forex market with higher volatility. In the time of high volatility, Gold a commodity asset of forex market may have the volatility of up to 10,000 pips means that requires an investment of $10,000. For this reason, the trading access is limited in such type of market for the traders. Binary options entry requirement is so much lower than the other financial market, you can trade with a low investment as $10 with some legit binary options trading broker. What are the Disadvantages of Binary Options Trading? • For Sure-Banker Trades Reduced Trading Odds. If an asset trading success rate is very high then the payout reduced drastically for that specific binary options trade. It is also true that some assets trades offers a payout of 85% for every trade. But this type of payout is only possible in long term trading and this type of trading is more unpredictable than the short term trading. Some binary options broker do not provide useful trading tools like technical analysis tools and chart to their customers. Expert binary options traders always looking for that type of tools and new traders are not so fortunate like them. Though the scenario has changed quickly now. Renowned binary options brokers have all the tools and who have not they are adopting these tools according to their customer’s needs. • Risk Management Limitation. Financial tools like forex allow the traders to trade in min-lot and in micro-lot which are small trading size, while some binary options trading broker only set a floor for trading and by depositing a minimum amount traders can trade. In this case, traders can lose more capital when trading binary options. As the example, by depositing $200 in forex market you can trade forex instruments in micro-lot, but in some binary options broker if you deposit the same amount you may have to invest $50 to be eligible to trade an asset and if you lose four trade your account will blow up. Don’t worry, there is some binary options broker who allows you to deposit as low as $10 and you can trade by investing only $1. How much losing trades cost you? It’s a very important thing for options trading. Binary options trading risk reward ratio favors the red side means losing trades. If you win in a trade, your payout can be 70%-90% depending on your asset and investment. In the same case if you lose this trade your loss will be 85%. But it is great that if you execute ten trade in a day, you only lose four trades out of ten trades in a bad day. You can correct or stop a losing a trade anytime in the forex market to minimize your loss and to open a profitable new trade, you can do that in forex market if the repeat analysis tools reveal that by mistake the first trade was made. It is not so much available in the binary options brokers except few unique broker. In most of the binary options broker, the payout amount of the reverse trade is sealed and you cannot cover the losing trades. Some unique binary options broker has an option to sell your losing trade before the expiry time and you don’t need any analytic tools help here, just sell the losing trade by clicking the sell option button. Sometimes this losing trade can be profitable during the time of sale. We hope you found the answers to most common questions about binary options trading. If you have more queries, you can contact us through our contact page or through our chat system. Thanks for staying with us. BEST BINARY OPTION ROBOT. We all probably ask the same question over and over How To Choose The Best Binary Option Robot? There is a countless number of Binary Options Trading Software, but choosing the right one is not so easy. As a scam investigator, I have tried more than 60 robots . I selected the top ones that integrate with reliable binary option brokers. It is recommended to do your own investigation before you invest real money. To save time (and money), I recommend using one of the 100% tested and Safe robots listed below. TOP ROBOTS September 2017. “Choosing a reliable Auto-Trading Software saves you time and money. This way you can focus on improving your knowledge and further develop your trading career..” Ben Savicki, Chief Scam Investigator. Traders’ Advice Some Binary Options Robots are much better than the others on the market. Make sure you choose the best binary option robot (e. g. the most beneficial one)! Check out why we do not recommend some of the robots and what are their disadvantages The Brit Method Review and Zulander Hack Review. How to Spot Robot Scams? Be careful and don’t allow to be scammed by shady binary robot systems. Do not miss to sign-up for Is-scam. com News and Alerts mailing list to receive – Free content & scam alerts on binary options software – Get More insights on How to Avoid Scam auto trading software – Free E-book – The download link will be sent to you after you have subscribed. Top 3 Warning Signs of Binary Scams. Warning Sign #1 Unrealistic Profitability. We have all seen those zillions of profits advertised via email. Let’s get real – if one is making millions, why would they share it? Ever? Please think more critically and try not to fall for these offers of binary option trading software. Warning Sign #2 Unrealistic Winning Ratio. In financial trading the single important thing is to win more trades than you lose. Period. If a system is winning 90% or even 80% of the time, I doubt there’s gonna be a market at all. As long as you are above 50% (which is already a lot), your auto trading system may be classified as profitable. Warning Sign #3 Unrealistic Time Frames. They all promise making money in 1 day. Well, well – again a marketing trick to fool you and a desperate call for your action. It is not unusual to make that kind of money in one day if you are an experienced trader, but just multiply the amount x 1000 traders. Do you think ALL of them will make money? As you know the market is build on a single principle there are winners AND losers. We can’t just all win. If we could, there would not have been a market at all… How to Choose a Binary Robot? Don’t leave Choosing a Binary Robot to Chance. Choosing an auto-trading software is certainly one of the trickiest tasks. At Is-Scam, Our Goal #1 is to prevent scammers from fooling traders. Here is why, we selected only the 100% proven, tested, and approved binary option robot by our Quality Assurance team. Is Binary Options a Scam or Legitimate Trading Tool? Before we analyze whether binary options is a scam or not I would like to take a look at day trading, an area which I have much experience, and see if day trading would qualify as a scam. As a day trader many people looked upon what I did with skepticism. Many thought that day trading was just a another form of gambling. Many trading companies would try to lure people with the potential to earn a living with electronic day trading with very little investment. The truth is, for the overwhelming majority of people, day trading was a losing effort. Few traders were successful most lost money. The firms made a lot of money collecting commissions and profit share from the good traders. After my first year of day trading I was convinced that it was impossible, or nearly impossible to make money. I began back in 2002, after the bubble burst and volatility was at a virtual standstill. Few traders were making money with any of the traditional trading formulas that worked a few years earlier. I was fortunate enough to come upon someone who had a “system”. The trading system provided an “edge” in the market. When traders diligently followed the system they consistently made money. When I began trading with the system I made money on a consistent basis. I opened trading floors to teach others to trade within this system, but most did not made money. Trading within this system required extreme discipline both to enter a position and to leave a position when the rules required. Those who followed the rules diligently made money. Like most professions, one needs education or skills to make a living. The same is true with day trading. Along with these skills a person must have the proper discipline in order to succeed. Its a business that is clearly not for everyone. The same can be said for Binary Options. The companies that set up binary option platforms and binary option brokers are in this business to make money. The firm collects 80- 100% of a losing trade and pays out 60-80% on winning trades. Someone who wins on 50% of their binary option trades will lose money. Unless someone has a system that has a winning track record and the person adheres to that system consistently he will over the long term win on 50% on his trades and lose money. Of course it is possible that some of the binary option brokers in the market are making promises that they cannot or will not fulfill. If a broker makes false assertions or won’t refund deposits or payout profits to a customer then that broker may be considered a scam. The binary options trading industry itself is not a scam. It may be difficult to actually profit trading binary options, but the risk and rewards are clearly displayed for the investor. Whether one makes money or not is up to the actual trader. We have completed a series of comprehensive reviews of binary brokers. In our reviews we determine, to the best of our ability, if the brokers are providing the services that they claim to offer. Once you have the confidence that a binary option broker is providing a legitimate service you will then be able to implement a trading style that most effectively yields profitable trading results. All of the brokers we have tested so far have proved to be providing a legitimate service. Some of our reviews include older more established brokers such as 24option as well as newer brokers such as Bee Options and Redwood Options.
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