I have never seen any. Guess as it is not MT4, they must be completely different then.
I have spent two weeks researching binary options and to me it looks like gambling. Will stick to normal traing I think, thanks for the info guy’s. 
He’s got no strategy! What can he possibly have if this is nothing more than gambling! If there was the possibility of having a real strategy to make high profits he wouldn’t have to sell it or waste his time promoting it because he would be just too busy making big profits just by using his strategy but he’s not and that’s why he wants to sell it and not share it. Think about it, if I have a strategy that can make me thousands of dollars why would I waste my time and get headaches trying to run a business selling this strategy? Really think about it. This guy has nothing to offer, this is just like those guys selling trading systems as holy grails, or robots that make thousands, why aren’t they using them themselves? Why are they trying so hard advertizing their product all over the place instead of dedicating their time using their strategies to make tons of money? Simply because their strategies don’t even come close to their expectations and that is the only reason they want to sell it! Successful traders do not need to sell their strategies to others, if they need to share what they know they usually write a book and sell it for the average price of a regular book and not for $497 “if you buy it today” while supplies last! I always become very suspicious about people with secret strategies!
The truth about binary options is that these, even though they are currently legal in the US, is just another form of gambling and the numbers go towards the broker selling you the option. You have to be correct 80% of the time if you want to make a good living at it. My advice forget you ever heard of this scam because, even though many brokers say it’s not a scam, it is indeed a scam!
Same thought here, amigo.
Making money with forex every day, so why change ??
BUT… it is ALWAYS good to orientate yourself on what goes around.
Has anyone have any experience trading binary options and what are some of the best binary options brokers out there for USA
Hi erum
I have been doing binary now for 6 months or so …you really have to know what your doing when you play binary options and you have to be your own boss…don’t use brokers and never take bonuses …ever…you win you loose its your money no one elses…binary is not gambling you have to be smart/quick thinking to do binary…its a whole new way of trading and training your mind…especially the 5min/15min/trades …goodluck…try getting signed up with a platform but don’t use there bonuses…because its false financial comfort …make your own mistakes not the brokers…you’ll feel better if you loose on your own merit rather than the brokers fasle signals/signals…
One of the biggest brokers doing binaries in UK is IGIndex.
On their site, in large bold is a warning, ’ You should note that binary bets are not subject to regulation by the Financial Services Authority’ - (the UK regulator).
Guess who does regulate binaries - The Gambling Commission.
binaryoptionsblacklist.com seems to be the way to go if you want to make sure the broker is not a bucket shop, Green is trusted, Yellow use caution and Red stay away. It looks like the 3 most popular are 24option.com, Bank de Binary, and TradeRush. I would be very careful with this because it is gambling no matter what others say! You either right or wrong, it doesn’t matter how right you are or how wrong you are you simply loose or win the bet.
Biggest problem with binary option is that currently, there is not one single reputable & proven binary options broker in our world. Despite what they say & what you hear, none of them are reputable. Sadly, there are far more reputable online sports betting sites than binary options broker.
IG is a trading name of IG Index Ltd. IG Index Ltd is authorised and regulated by the Financial Services Authority, FSA Register number 114059. Excludes binary bets, where IG Index Ltd is licensed and regulated by the Gambling Commission, reference number 2628. IG Index supports responsible gambling, for information and advice please visit Gamble Aware :: Home.
As a footnote here many of the brokers in binary options are becoming regulated - certainly those under CYSEC which is probably the majority using the SpotOption platform.
Banc de binary is the first to be registered. Now whether or not you think that CYSEC regulation is worth anything then that’s another matter. But it is official - Cyprus Securities and Exchange Commission
This video is definitely worth a watch - talks about the ‘Fine Print’ of Binary Option Trading websites.
Another name for binary option is pure gambling, luck and betting
Most people complaining about Binary Options, unless the broker is a cheat, have found it difficult to trade them. When u agree to trade “these things”, of course biased to the platform owner, then u have agreed to the challenge. Tell us where the market is going and we give you 80%, the broker may say. And you agree. That is why u click the trade.
Just make sure that before u click on the trade you are very confident the market will agree with you. EG, the GBP/USD is trading very low(oversold); it is 9.00AM, and the next news in RED(at forexfactory) is British CPI. Previous was 0.00001, just example, and expected is 40. Two and a half hours to the great news and the Pound is still oversold? Why wouldnt you go in with a call with a good portion of your account? Definately, people will begin buying the Pound in anticipation of the rising CPI.
I am not saying this is the only way to “gamble”; i more than doubled the account at “BROKER X” last month using another method. When the broker got wind of my “pick-pocket” system, guess what he sent into the platform. Server load too high, please try again…, Option not available…, Option price has changed…, name it.
My conclusion is that trading systems for binary options can exist if we care to create them. The problem is that the brokers dont like them. Remember, these are not brokers: when u trade binary options, you are not exchanging for instance by buying from another person on the other side of the globe, in which case the broker would get a commision for connecting the deal. It seems like when u win a binary, the broker uses the deposits of other guys to pay you. And supposing all of you have a good system? No, this cant happen; the “brokers” know that more than 80% of you will lose. So they will always have enough money for their shopping and paying the winners.
I suppose even the platform developers should be having back-door codes that can be used to make the trader lose. I have examples but for lack of space or time.
Do they have pratice account
bitoption.
Yes, They do have practice account. But the real account wont “behave” like the demo.
Many had mis-conception about binary options… and they always associate it with gamble.
In actual case, binary options has been around for donkey years as far as forex is concern, only now make availble in internet and many think that is a scam.
Goto goodbinary.blogspot.sg , join in the daily discussion plus live trading screen to see the real thing how people make real money, well there is nothing to hide in live trading, you see the true things happenning good and bad right infornt of your own eyes.
Don’t jump into conclusion just because you don’t know the product well… learn with open mind Cheers.
I recieved an advertisement in my mail from a newsletter i subscribe to about making money online, it was about how to make money with Binary options. I started looking into Binary options trading because I thought that It would be a good way to make money.
I opened an account with one broker and recieved a dummy balance to test their platform and it was going great. I used a “strategy” from the materials that I recieved which was to look at the traders insight, or traders choice and place the call or put accordingly.
I then started thinking that if it was that easy to make a lot of money fast, wouldn’t everybody be doing this? Why would anyone care about going to a regular 9-5 job any more if all one had to do was sit at home infront of the computer and click some buttons and turn your computer into an ATM.
I started reserarching and reading a lot about it and Im confused because there are so many different opinions whether or not binary options is a scam, gambling or legit.
It also seems strange that almost all of those brokers reside in Cyprus, I read somewhere that it’s because they aren’t regulated and in Cyprus they don’t have to be, is that true?
Im also concerned to actually having to give out a lot of my personal information to them, copies of my identification and credit cards and stuff so they can process withdrawles. They have no problem accepting deposits without that information. I read someone said something about identity theft. Anyone have any input on that?
I think that learning Forex from scratch and doing real forex trades based on real analysis and reading charts and diagrams and learning about trends seems like a more profitable and safer way to go, even though it includes risk aswell but less than binary options I think, or am I wrong?
Hi Binary enthusiast, I went into binary options myself and learnt the hard way that certain brokers are just out to make you loose and give false signals and take money from your account without permission…not all are the same but as you say the
so called “good ones” are in Cyprus and claim to to be regulated, in fact I was given the email address for their regulatory body to complain. I have not yet written to them as I’m giving my binary options broker a chance to return my money in a good mannerly way and if they dont I will then make a serious complaint to their regulatory governance… and hopefully get them struck off…these binary option company are very popular and claim to be regulated…so lets see what they do…I have got to the point where they have confirmed the transfer of funds into my account via a ref number but on checking with my bank no funds have been remitted…meanwhile I mark up evidence against them…:0 