I trade Forex and binary options but was wondering before I set up a live account if anyone can update me on there experiences with who is the best or the worst binary option brokers, some are regulated and some are not.
So this is why I need to speak with some more experienced traders before I deposit my money with a good platform provider, I want to trade binary options like I trade the forex, fundamentally and like trading you need to make a good decision so I need help find a good broker.
Binary Options seems a less stressful way of trading than the forex due to you don't just have to trade over 60 seconds I have placed trades on my demo account for over a month with an 80% return and stocks like google with this is a no brainer because I can still make money from trading google without having to pay £1.200 a share.
Unregulated brokers are able to supply a better trading platform where un regulated don't have to comply with certain rules so I need some advice and would deeply appreciate your help.
Yes i agree 100%, 60 second options are suicide, although can be useful when market news has been released and you want to make a profit from the rapid market movement, are you trading BITCOIN or LITECOIN i have been interested in doing this and have found a brokers that has them on its platform binarykings.co.uk/traderoom do you mind if i ask what trading techniques you have been using to profit?
I am agree with you. What is best Binary Options Brokers? If anyone wants to know about Binary Options Brokers they should know Binary. Binary options are so much popular in income option in home. Every one like this Binary Options. If you want to know about Binary Options you can see this video.
there was no video attached to your thread? there are so many different brokers to choose from and its hard to decide who to go with because regulated brokers are extremely restricted as to what types of trades they can offer and there are horror stories out there about un regulated brokers. I have been trading with http://binarykings.co.uk for a few months now and i have tested them by depositing and withdrawing to make sure they are happy to send me my profit and it is a big thumbs up !!!
Binary Options is a scam! Totally impossible! get out of that asap while you can, I will tell you why it is a scam, are you aware of the concept risk to reward ratio? are you aware of winrate? do you understand that these two go hand in hand? what percentage of win ratio do you need to brake even if your risk to reward is 1 to 1? if you understand this things you would also understand that Binary Options is a total scam, because in Binary Options your win ratio is not even 1 to 1, it is negative! lets say you risk 100 to buy Euro, if you win how much you get in return? not even a 100, so it's negative,
they all claim you will make up to 80 percent or whatever but that is a lie, that 80 percent is only there to decieve you, if that where true you would be getting 800 out of that 100 risk but you don't, if you lose you lose the total of 100 and if you win you will win 80% OF THE 100! wich is only 80! so you are not even making back what you risk and that is a fraud, in any trading you should minimum atleast get about 2 times what you are risking, the best players in the world have a winratio of about 55% if they would take a trade offering 1 to 1 they could expect only to brake even on that trade, but in this case you are getting less than that and you are not even close to their skill, so do you think there is even a remote chance you could ever be a winner trading Binary Options? Binary Options is like a Casino in Las Vegas, they have made damn sure that the house allways wins in the long run. if you still want to do it, it's up to you, it's your money
they all claim you will make up to 80 percent or whatever but that is a lie, that 80 percent is only there to decieve you, if that where true you would be getting 800 out of that 100 risk but you don't, if you lose you lose the total of 100 and if you win you will win 80% OF THE 100! wich is only 80! ...
You, my friend have some flawed logic. How does 80% of 100 equal 800 ? What kind of math did you learn at school?
Binary options, in my understanding, requires going by a concrete strategy, and not breaking the boundaries of it.
For instance, set yourself a limit never to trade more than 5% of your capital on a single trade.
Also limit yourself to only 2-3 trades a day, and be consistent.
Another tip is that even if your account is overflowing with winning trades, and you are in a high profit - be careful to upscale your risk!!! People tend to think - "Hey, I won a few times, this is easy!! Why don't I just put my whole capital!" This is how traders lose their socks.
They start with small trades, $20-$50 and then try their luck with $500 and then $1,000 per trade if they are on a winning streak.
Don't let your emotions control you, and it's possible to profit a lot from Binary options if done correctly and with self-discipline.