For having so many new brokers in the trade of binary options, there are only quite a handful of traders that are not afraid to try them out and see for themselves whether it is a legit broker or not. This is normal, though – most traders have now become very wary about the dangers lurking on the internet, not to mention how scammers prey on innocent traders to scam out their money through various trades. Binary options are included in their schemes. They pretend to be legit brokers at first, use sweet and enticing words to convince traders to become members of their trade and then make victims out of them in the long run. Even if experts have already warned traders about scammers, they still have fallen prey over them.
CTOption is one of the new brokers in the binary options trading industry. Unlike other new brokers that seem sketchy, CTOption has been founded in the year 2011 and have their headquarters in the UK. They accept US clients, even if they are UK-based brokers. Their platform type is based on PandaTS, supports languages Arabic, German, Spanish and English. Operating systems it supports are Windows, iOS and Mac OS. It has email alerts and streaming news feed, but does not support mobile alerts. Their only trade is in binary options and does not have any commission account option. As for the platform, PandaTS is considered the leading provider of platform and software solutions for various types of financial institutions, such as Forex.
The primary advantage of CTOption is its advanced platform in social trading, particularly with the feature live copy trading – which is a unique feature only found in a select few brokers engaging binary options. When it comes to reliability, since the broker is based in the UK, traders are assured that they comply with the laws in the UK, not to mention they are also FCA-compliant, adding another layer of safety and protection to the trader’s account. The minimum position required for traders is quite low, which is at USD$5. In order to avoid fraudulent account holders, CTOption will require new traders to provide government-issued certificates or official documents.
You must have heard or read how CTOptions is a scam through other users, but they may only be using the term to refer to their dissatisfaction of its service. The common complaint coming from traders is that the platform only offers intraday and “hyper” trading. These options are fitted for those trading in the forex industry, but it may have been better if they could have focused more on longer term signals and strategies. Because of this limitation, it has discouraged traders to try out CTOption’s platform. Another disadvantage of their platform is the limited acceptance of high bonuses. This is not meant to say that their platform does not support high bonus offers. Traders who have already tried CTOption has made it aware of other traders to limit this move as the wager is between thirty to fifty times.
Withdrawal processes are available to traders 24/7, but has led a number of traders to think that they will get their earnings within 24 hour
s. But such is not the case with CTOption. Most of their withdrawals such as from wire transfers and credit cards will at least take between five to seven business days, according to the terms of the platform and the trader. But there are faster methods if traders wish to get their money, like MoneyBookers or Skrill, which only takes two to three days. Traders are required to read the terms when it comes to registering to this platform. This also means that they require one source of the payments that will comply with various reasons, including the AML laws. The most recommended method for the withdrawals is either the ePay, MoneyBookers or Skrill.
The platform used by CTOptions is quite good and even well-equipped. The trades are executed very well, yet when switching from one window to the next can be quite lagging, even if you have an optimal computer working with. It supports Hyper, touch, range and high/low trading. The hyper trading is a term referring to their sixty second trade and their other short term option. CTOption may also be one of the few that offers the broadest of the class of expiries, which are thirty seconds, sixty seconds, two minutes five minutes and ten minutes. Other offers of their options include to the intraday expiry, although its contents can vary from one asset to another. Their list of assets is even quite good, but they are missing the Asian indices. They have both the US and EU, but traders are looking for the Asian ones too.
If possible, CTOption could make some changes, additions or updates that will support more traders that are looking for features only offered in other brokers.Read More
Millionaire Blueprint is actually a binary options trading application and the people who released it state that the trading signals offered by the application are so precise that the users of this particular software are assured to earn amazing profits in a very short span of time, without the requirement for any past experience whatsoever and without requiring to devote a significant amount of time every day on it.
Binary options trading is a type of trading where a fixed income is generated simply by predicting properly if the cost of a specific asset will either rise and fall during a specified time period (often as brief as only 60 seconds) – in case the forecast is that the cost will go up, it will be called a “call” option and, the opposite is known as the “put” option.
The actual assets are obtainable in many types, for example:
- Commodities like precious metals, agricultural items, oil, coffee, and so on.
- Forex, which are actually the relative values of currencies such as EUR, USD, GBP, Japanese Yen, etc.
- Market indices such as FTSE, Nasdaq, DAX, Dow Jones, and so forth.
- Shares within listed companies, for example, Nestle, Google, Deutsche Bank etc.
Due to the fact that binary options trading may appear to be a less complex trading procedure compared to the “traditional” investments, it has become very popular at present bringing in an increasing number of individuals with virtually no knowledge of trading, the financial markets, or even the risks that are involved.
This has generated a steady rise in the number of online marketers hoping to utilize the fact that plenty of people are looking to the Internet trying to discover quick and easy methods to make money without toiling too much.
Even though the application may be provided free of any cost, the entrepreneurs still earn the affiliate commissions each time they pass a new client to their agents whose minimum down payment is about $250.
One thing that you are probably enquiring is: does Millionaire Blueprint really work? What are things you need to know about Millionaire Blueprint? Considering the fact that there are over 300 binary bots being marketed at present and fresh ones being launched daily, it appears unlikely if a single bot could really produce the desired outcomes, there would not be any reason for more bots to be released.
Nevertheless, by tapping into a couple of strong feelings – greed as well as desperation – these types of affiliates are silently amassing fortunes from every fresh item being released, making their cash from marketing products such as Millionaire Blueprint rather than actually utilizing them to trade.
This exactly is where the real money will be – in mastering the method to promote on the web. In my personal experience, most individuals looking at binary option usually do not like to earn cash from trading, simply for an authentic way to generate cash online.
By understanding how to obtain targeted traffic and also convert that into sales, after that put the automation tools in place and also develop exponentially, online advertising offers an opportunity to generate a great income and also develop a home-based business which will eventually work in your favor, even while you’re sleeping, twenty-four hours a day for individuals who want to take it rather seriously.
This may be attained by marketing other individual’s items, your own services or products, referring potential clients to other companies and so forth.Read More
The assignments of a binary options broker.
The primary occupation of a binary decisions broker is to carry supply furthermore require with one another on the option market. For instance, in the event that you anticipate that Facebook shares will drop in worth, furthermore subsequently open up a “lessened” binary decision on this value, your broker will look for an extra speculator which needs to open a “higher” decision and match your exchanges.
This is not as straightforward as it sounds. Consider the possibility that there is nobody on the ‘other side’ of the option which might want to obtain the option. Assume no individual accept that Facebook is going to rise? One of the devices that your broker has is to modify the arrival on an option. To this end, the broker makes an estimation of exactly the amount of supply and request there is for a particular option. On the off chance that an excess of people in the business sector accept alike, then the broker offers the option at a lesser yield, implications less individuals will absolutely gain the same decision.
Regardless, this is not reliably sufficient. Normally it is not attainable to match supply furthermore request 100 % with each different other. Yet still, an option broker wouldn’t like to say “no” to its purchasers. Hence an ordinary binary broker will take the inverse position for its own special danger if no takers can be situated available. At that point he covers the danger through different other fiscal things.
An example of danger organization by an option broker
Mean speculators have really procured an aggregate sum of GBP 10,000 in “more prominent” options at a decision broker on the cash pair GBP/USD and in addition different dealers have at the exceptionally same time acquired GBP 8,000 of “lower” options. Of these exchanges, the broker can coordinate GBP 8,000 on every side with the different others, and he runs no danger on that specific amount. For the keeping on being GBP 2,000 the broker himself will get up “diminished” decisions to take the opposite side of the overabundance need.
This option broker does not might want to hazard losing if the GBP/USD undoubtedly moves (as the larger part of dealers suspect it to do) and he thusly purchases worth GBP 200,000 in US dollars from a noteworthy bank (this is called ‘supporting’). After end of the option the rate is of the GBP/USD cash conversion scale has really for instance upgraded with 50 pips (0.5 pennies). Presently the broker shells out the do a reversal to the merchants that have gained “more noteworthy” options. The broker endures a misfortune on the on the GBP 2,000 of “lesser” options that he had taken himself, however at the extremely same time; he obtains GBP 1,000 on his USD position at the saving money. In this circumstance, his misfortune is only 1,000 pounds, which he could pay by the contrast between the positive furthermore unfriendly return (see recorded underneath).
It is never at any point workable for the broker to cover all threat completely. Yet through a blend of evaluating the business sector interest, registering the required rate of return, furthermore the supporting his own particular positions, the binary decisions broker can reasonably handle his danger.
Precisely how a binary options broker profits
A binary option broker does not do every one of this complimentary. Yet you pay no commission or spread for exchanging binary choices. How could that be possible? This is because of the distinction consequently on your options. In the event that you anticipate a binary option legitimately, it ordinarily yields an arrival of in the middle of 60 % furthermore 90 % (with the exception of ‘exceptional yield options’). On the off chance that you are off base, you lose the whole venture amount, so 100 % (aside from ‘discount decisions’).
Trading binary options is an increasingly popular way of earning money online, since it does not require too much of a background knowledge and it is fairly simple to use. To be honest, it is somewhat similar to gambling or lottery, because it relies a lot on luck, but proper knowledge and regular following of trends on the market can increase the success in earning.
There are many broker websites that are legal and reliable, such as Millionaire Blueprint, and it is fairly easy to check whether it is so. However, since the popularity of this method of trading is rising, more and more fraudulent websites keep appearing and making huge financial damage to their users. It is certainly advisable that you always pre-check the information about the broker, in order not to get cheated, and these are some of the strategies of recognizing a scam broker:
If the broker encourages you to deposit more money, and if the minimum deposit is too high, this is the first sign of scam. Also, if they guarantee no loss and no risk involved, make sure to avoid that broker – because trading binary options is all about risk, to be fair. Then, if the withdrawal period is too long, you should also avoid that broker. Usual withdrawal period with legit brokers is maximum 48 hours, and if the withdrawal takes longer than that, there might be a reason to be worried.
Make sure to check the withdrawal policy on the website, and if there is not any, or if it is longer than 48 hours, try finding another broker. Another thing is that if the broker does not have a CySEC (Cyprus Securities and Exchange Commission) license, it is likely not to be legit. This can easily be checked by visiting the CySEC’s website, where the licensed brokers are listed in alphabetical order. The last thing you can pay attention to are negative comments on various websites and blogs that deal with forex and binary options trading. Make sure to read users’ experiences with a specific broker before deciding if you will choose it or not.
Keep in mind that this can also sometimes be misleading, because there are some brokers or websites that offer binary options robots that almost have no negative comments, but they still reach the criteria of a non-trusted broker or system. One of these websites is, for example, Cash Camp, about which you can find mostly positive feedback on the Internet. However, the system they offer is one of those that will supposedly bring you millions of dollars on binary options while you just sit and watch, and it simply sounds too good to be true. Keep away from all the websites like that, because if something sounds too good to be true – it actually is.
Make sure to always do a background check before signing up on a broker’s website, and by following these few basic rules you should be lucky and clever enough to be successful in finding the right broker for you.Read More
Recommending something can be a tricky thing, so I will not do that, I will bring to your attention few Binary Options Robots that are good in what they do, and that is helping you in trades on brokers that are focused on Binary Options Trading. I will not list BinaryOptionRobot because it is software that works by itself and you don’t have to be there when it trades. I will focus on robots that work like assistants, giving you their opinion where to invest money.
Binary Hedge Fund is only software on this list that is available to US traders so we should mention it first. Later, the same development team made Big Option, which was successful, but not at the same level like Binary Hedge Fund. This robot is a signal type Binary Options software which will give you advices on where to place pour predictions. It does that through analyzing huge amount of financial day to day data from which it predicts what will happen to certain asset. It also offers a auto trade option if you don’t have time to trade by yourself. This software will assist you in avoiding beginners mistakes and to maximize your winnings, while on the other hand minimizing your losses.
AlgoBit is an interesting little software which has some nice features. It has an issue with long and quite boring installation, account settings and pay in but when you survive through all of this it becomes interesting. It is, as many others signal type of software and will let you know on what trade to place your money and have a minimum risk of losing it. That feature every other Binary Option Robot has, but this one has something which you will find useful. With this software you can see what trades a certain asset had in past few days. If you notice a template of a rising or falling value of trades of an asset you can set this software to do those trades on that asset. It will ask you how many (between two and five ) trades you want to do on that asset and when you make your choice it will begin trading on it. First amount you decided will be traded every time.
CopyToWin is one of Binary Options Robots that is made for people that have little or no knowledge about professional trading but are interested in Binary Options Trading. It is a type of social platform for trading. Social part of it being that you can follow other successful traders and on what they place their money. On this site there is a list, on that list you will find top traders. You can see what do they do and you can copy their strategies and use them for your own trading. This robot platform offers you an introduction via a video that will explain you how to use it, and a demo account you can make and try trading with virtual money.
These three are top sites that are regulated and they are 100 percent scam free. There are other sites like these, but be careful there are a lot of not-regulated and unsafe sites.Read More
Binary options trading is an increasingly popular method of investment or trading online. It used to be necessary for the traders to be constantly present in front of the computer, in order to place bets and follow the development of the situation, but a quite recent novelty provides them with an opportunity to do everything automatically. This novelty is binary options robots, or software for automated trading. First of all, let us explain how this relatively new system works.
This way of trading creates an advantage over retailers who create trading orders manually and there are many good sides of using the software. First of all, there is a psychological and emotional advantage: binary options robots strictly follow the trading strategies which were previously determined by setting the parameters, so there is no interference of human emotions on making decisions. By using robots, traders also avoid unnecessary stress which occurs during usual ways of trading. You leave simple decisions to the parameters that are not influenced by emotions, which is hardly the case when you do all the trading manually, since stress is certain to occur at some point and keep you from thinking straight.
The system also makes it impossible to rush in or to go too far with the trading (overtrade).
The robot makes it impossible to be undisciplined and it prevents actions that could take you to overtrade only on one market or with one currency pair, one type of goods and the like.
If you consider engaging in binary options trading, you should definitely consider downloading software for automated trading. Binary options robot does not require you to make too much effort, but it does almost all the job for you instead, and it is done precisely, safely and, if you set everything right – very successfully.Read More