The Best Binary Option Platform in the World Gives Smart Investors Great Potential for Growth

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Review: IQ Options – Great Design, but Lacks in Available Assets

IQ Option impresses with a new binary options trading platform. The innovative software shortens the distance between the binary option

Created in 2020, IQ Option is a binary options broker owned and operated by Alta Vista Trading Limited, Seychelles. In the company’s own words: “We set a goal for ourselves – to invent the best binary options trading solution in the world. With the latest technologies and innovative ideas we’ve created a platform which gives our clients an easy, smooth and fun trading experience.” Let’s see how they have fared.

IQ Option’s home page presents a cool looking 3D chart with candles and quotes. There are no nonsense advertisements, just the ones that differentiate IQ Option from the rest. Like for example, 92% payouts. Yes, please!

Apart from the most notable feature the home page is simplistic but well-designed. The broker claims to be the first to offer “absolutely free demo accounts,” and while this is difficult to verify, the demo account is available after a quick registration and for an unlimited time.

So, what exactly is so innovative and smooth about the platform? As soon as you get access to it you can see that the platform looks like a real dedicated trading platform and not just one that has widgets attached to your browser. It is so absorbing, that you may forget that you are using a browser altogether. It actually looks like a trading platform that was designed by a trader. It is very intuitive and easy to use as well.

The chart itself can be a line chart or a candlestick chart, which is another very useful trading feature. But it is at this point that we have to mention that the chart is somewhat short on time, if you will. The maximum time frame is one minute and you can go back no more than 30 minutes.

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The asset list is not the longest, but it will be sufficient enough for traders who don’t rely on the exotic FX majors and some crosses. The only commodity is gold, several of the leading world indices and a larger number of stocks. Total asset number is currently 64.

These assets can be traded in what is basically one option type that is divided into two – digital and turbo. Digital are standard digital options that will expire every 15 minutes or at the end of the day. Turbo options, unlike what other brokers offer, are like mini digital options that expire every minute. For example, you can trade a turbo option that will expire at 12:31,12:32 or 12:33.

In the case of IQ Options, the chart performance matches option availability – and this is shorter term trading. Payouts can be as high as 92% and sometimes higher, but it will depend on market conditions.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

Depending on your deposit amount, there are two account types available that can offer “up to 60% return in case of wrong prediction.” An entire educational section filled with training videos is also available.

Overall, IQ Option brings a new dimension to the binary options market. Their innovative trading platform is definitely a taste of things to come. While it is IQ Option’s strongest side, the broker needs to expand what they offer in terms of assets and option types. If it does, it has the potential of becoming one of the biggest names on the market.

Don’t Gamble On Binary Options

There are lots of ways to lose your money in this world but here’s one I hadn’t encountered before: binary option Web sites. They have become popular over the past few years with new ones appearing all the time: anyoption.com, bulloption.com, spotoption.com, binaryoption.com, etc. etc.

The sites appeal to the same type of people who play poker online. But they somehow have an aura of being more respectable because they represent themselves as offering a form of investing. Don’t kid yourself. These are gambling sites, pure and simple. It’s probably just a matter of time before regulators move in on them.

Until that happens, they seem to be doing great business. A Google search for binary option Web sites produced 870,000 hits with promotions like “earn up to 75 per cent every hour” and “81 per cent profit in one hour or less, trade all major markets”. You can buy these options, which are also known as all-or-nothing options, digital options, or Fixed Return Options (FROs), on stocks, commodities, indexes, foreign exchange, and other derivatives.

In fact, you can place a bet (which is what it really amounts to) on just about anything that is publicly traded, depending on which Web site you use (some offer a wider range of choices than others). Some sites provide free guides to binary option trading to get you started.

I was alerted to this phenomenon by a reader who sent me this email:

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“My dad has recently gotten involved with trading binary options online. The basic premise for the site he uses is at a specific time, say 1:25 p.m., you can put down perhaps $100 that XYZ stock will either increase or decrease in price within five minutesby 1:30 p.m. If you are wrong, you get $15 back. If you are right, you win about $70.

“I’ve proven to him that, mathematically, the site has an edge and you must be right 55% of the time in order for your bet to have a neutral expected value. I am also a professional online poker player by trade so I have an extensive understanding of probability, the online gambling markets, and how these sites work.

The problem is he feels he is at a great advantage, citing his ability to read a bunch of charts, follow news, etc. He is a smart man, a former lawyer, and has been following stocks for years, but I feel that he may be overestimating himself here. I’ve looked into online binary options trading a bit and it seems to me that the consensus is that very few people outside of professional traders can beat the trading sites consistently for good money. My dad is up $2,500 or so betting $100 and $50. The best I could do is to warn him about statistical variance affecting his perceived ability and that short-term volatility along with the inherent disadvantage will make consistent winning incredibly hard.

“I’m looking for a way to definitively convince him to stop and that his edge isn’t as great as it seems. I tried talking to him multiple times about the subject but I’m not as knowledgeable about the field and ultimately that becomes my shortcoming when trying to convince him why he shouldn’t continue to be involved with this. Any help would certainly be appreciated.”

I found this correspondence especially fascinating because the writer is a professional online poker player — a gambler by trade. Yet here he is trying to convince his dad that online gambling is a bad thing. I agree, it is. But it’s understandable if the father is skeptical about advice from a son who does the same sort of thing, albeit in a different form.

But that’s for them to sort out. What intrigued me was to discover that binary option trading has become a kind of pseudo investing sub-culture. I went to the site our reader says his dad uses and did some research. It describes binary options as “an exciting new type of investment” — note the use of the word “investment”.

“When a binary option is purchased on our platform, a contract is created that gives the buyer (known here as the investor) the right to buy an underlying asset at a fixed price, within a specified time frame with us, the seller,” the Web site explains. The option must be held until maturity (even if that is five minutes away); unlike regular options it cannot be sold before then.

These sites promote themselves as offering controlled risk (you can’t lose more than a specified amount), low cost, big gains if you guess right, and ease of use — you can trade from home whenever markets are open and set up an account with a credit card.

So what arguments would I use to convince dad to quit? For starters, this sort of thing can quickly become addictive, especially to market junkies. Although the amounts bet may be small, the total can quickly add up if many trades are done in a day. It wouldn’t take long for things to get out of hand.

Second, no one, no matter how knowledgeable, can consistently predict what a stock or commodity will do within a short time frame. Will Apple (AAPL) shares go up or down in the next 10 minutes? Unless there has just been some major announcement from the company, there is no way to even guess at that.

Third, the house definitely has an edge. This particular Web site pays $71 for each successful $100 “trade.” If you lose, you get back $15. Let’s say you make 1,000 “trades” and win 545 of them. Your profit is $38,695. But your 455 losses will cost you $38,675. In other words, you must win 54.5% of the time just to break even.

Finally, these Web sites are unregulated. No securities commission is protecting people’s interests. This is a financial Wild West.

If people want to gamble, that’s their choice. But let’s not confuse that with investing. Binary options are a crapshoot, pure and simple.

Binary Options Articles

IMF Upgrades Global Growth

What does a couple of days and some improving economic data give? Answer: It gives an IMF global economic growth upgrade from 3.3% to 3.5%. In what some may think is rather surprising move the IMF has upgraded global growth but has also said most major economies “still face major brakes on growth”.

The IMF has cited that the risks to global growth still remain with the debt crisis and rising oil prices the biggest threat. The IMF baseline case is for low growth in advanced economies where they see US growing by 2.1% and Europe in “contraction” of -0.3% and most importantly they see China growing above 8%.

Let’s try to reconcile this one: China has stated long term GDP growth of now 7.5% from previously stated long term goal of 8%, Europe in mild recession and US improving marginally. IMF has upgraded Australian growth to be in line with the Australian government forecast of 3.5% versus IMF previous of 3%. Canadian growth forecasts have also been upgraded from 1.7% to 2.1%

IMF upgrades world growth forecasts

Markets have taken this positive for now and it is near term bullish for commodity based currencies like AUD and CAD. Don’t forget China though!

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A Dummies Guide To Trading Binary Options

dummies guide to binary optionsThe boom in popularity in trading binary options is mainly due to the fact that it has established itself as the quickest and easiest way to profit from the financial markets. Unlike traditional forex, there is no risk of losing more than you invested for there is no leverage involved in binary options. Returns of up to 60 – 360% can be made within minutes of confirming a trade making just simple yes or no decisions on the direction an underlying assets price will move in. Here’s a dummies guide to trade binary options and join one of the fastest growing industries online:

The advance of technology has provided more trading opportunities both easier and faster. Usually platforms will offer three instruments in which to trade binary options. These are:

For the High/Low instrument:

Choose ‘High’ if you think that the price of an asset at the time of expiry will be higher than the target price.

Choose ‘High’ if you think that the price of an asset at the time of expiry will be lower than the target price.

For the Touch/No Touch instrument:

Choose ‘Touch’ if you think the price of an asset will touch a target price at any time before the option expires.

Choose ‘No Touch’ if you think the price of an asset will not touch a target price before the option expires.

Boundary or Range (In/Out)

For the boundary or Range instrument:

Choose ‘In’ if you think the price of an asset will close inside of the range formed by the upper and lower target prices at the time the option expires

Choose ‘Out’ if you think the price of an asset will close outside of the range formed by the upper and lower target prices at the time the option expires.

Trade in Three Easy Steps

Generally a trade can be achieved in just three easy steps once a deposit has been made.

First, you choose an underlying asset to trade from a wide range of Currencies, Stocks, Indices and Commodities.

Next, you decide the direction the price of the asset will move in

And finally you decide the amount to invest and click buy.

The length of the contract before the expiry time varies from asset to asset and can be anything from a few minutes to a week. The pay outs are always predetermined and you can never lose more than you invested which limits your risk. Many binary options trading platforms even offer a refund of up to 15% on an investment finishing ‘out-of-the-money’.

dummies guide to binary options trading

There are many strategies of differing difficulty that can be applied to binary options trading. However, a novice trader can give themselves a better chance of success by following a few basic tips.

Firstly, its good practice to get to know a particular asset or a few assets. Different assets have different traits and it’s important to familiarize yourself with them. An example is the US Dollar; when it strengthens and rises in price, commodities like Gold and Silver which are traded in the USD, become cheaper and decline in price. Also, certain currencies are sensitive to the price of Oil – Canada an exporter of oil benefits from high crude oil prices and the Canadian Dollar rises on increases in the price of Crude Oil. Japan, a large importer of Oil sees the value of the Japanese Yen decrease at times of high oil prices as the cost to import rises. The more you get to know an asset, the more you will be able to predict its movements.

Secondly, it is very wise for a trader to start using and learning to read a good economic calendar. Market volatility increases on the release of economic data and from events happening in the world’s economies. Speeches by heads of institutions and finance ministers should always be looked out for in a daily diary as they often spark major market moves.

Thirdly, don’t be afraid to try some of the many trading strategies that can be applied to binary options. Popular strategies include Hedging, Call and Put, Reversal and the Straddle and each can be used to build a successful trading strategy. Remember, attempting to beat the market does not normally work. Traders should monitor trends and look towards following them by generally buying Call options in a bull-ish market and Put options in a bear-ish market.

Finally, a last but important tip for new investors is to remain unemotional when making a trade. Make trades based on research, not sentiment or on just a hunch, other wise you may find you end up losing more times than you bargained for. Remain alert and commit to the time needed to be able to react to events in the market as they happen, ensuring you take advantage of when possible profit opportunities arise.

So that’s binary options – trading the financial markets has never been so easy or as profitable.

Using technical analysis to trade binary options

Trading Binary Options involves making just simple Yes/No investment decisions. However, a truly successful binary option trader will use a variety of analysis tools at their disposal, both technical and fundamental, to help predict the way the markets will move. Whilst fundamental analysis focuses on how macro and microeconomic forces can influence prices, technical analysis is the method of analyzing statistics and data of specific options to assist in ascertaining the future price direction.

There are a number of different methods used in technical analysis, but they can all be categorized into two studies – objective and subjective. The objective studies comprise trend following methods, momentum methods, and means reversion methods. Subjective studies comprise support and resistance and pattern recognition.

Objective Technical Analysis

One of the most commonly used strategies in technical analysis is studying past prices to ascertain if a trend has formed in the price of an asset. This can be achieved by looking at the past moving averages of an asset. A moving average (sometimes called a rolling average) is an average in which the most recent days are removed from the calculated average. In a 10 day moving average, on the 11th day, the 1st day is removed from the calculated average.

The 2nd most commonly used tool in following trends is the MACD – moving average convergence divergence. This ascertains market momentum and indicates if the momentum is rising or dropping. It measures the daily movements in the moving average by comparing a shorter moving average change with a longer moving average change. Should the changes of the shorter moving average be larger than the longer moving average change; the MACD will go up signifying increased momentum. When the reverse happens the MACD is dropping.

Mean reversion is a theory that the price of an asset will eventually revert back to its average price (the mean) after moving away from it over an unspecified time period. A commonly used technical indicator used to determine mean reversion is Bollinger Bands which makes use of a mathematical formula to calculate a certain standard deviation centered on a particular average.

Bollinger bands can be used for almost any financial asset

This is where the trader looks to identify a pattern which can be used to predict a future price movement. A good example is called the head and shoulders pattern; where 2 shoulders and a head are formed in the charts and typically the market will drop after the second shoulder has formed.

Head and Shoulder pattern in a bullish market, can also work in a bearish market where the graph will be upside down

Support and Resistance

This is a popular tool in technical analysis and is used to determine at which level a price is likely to rise and at what level the price is likely to fall.

A support level is the level where the price is going down and finds support (investors buying). The price then rises from the ‘bounce’ upwards from this level. However, if the price ‘breaks’ this level, the price is likely to continue falling until another support level is found.

A resistance level is the other end of the scale. This is where the price goes up until it finds a resistance level (investors selling) and the price starts rising. However, if the price has ‘breaks’ this level, the price is likely to continue rising until another resistance level is found.

For the Binary Options trader, technical analysis should form an integral part of any trading strategy. Learning the techniques involved in technical analysis can prove essential to a Binary Options trader when they enter and exit positions as well as keeping track of a positions’ risk. Combined with a sound understanding of the fundamentals, technical analysis can be invaluable tool to assist in trading success.

How to Choose the Best Binary Options Trading System

One of the best techniques for trading in the currency market on a binary options trading system without the complexity of normal trading is through binary options. In binary options you get additional benefits as you do not have to spend a large sum of money for getting yourself started. You also have the added benefit of being able to achieve returns on your investments that can be as high as 60% to 500%.

Most of the online brokers offer fixed payout binary options along with best payouts. With binary options you can trade stocks, commodities and indices on account of the complimentary charting packages and tools that are used for methodological study by the traders who trade in currency.

Binary Options Trading Platforms For a normal unchanging binary options trade payout, a lucrative deal pays out 60% to 70%, even as a loss results in a 15% come back on the investment, which means a total loss of 85% of the invested amount. However, the likelihood of getting a profit of 60% to 70% in opposition to a loss of 85% is something that everybody gives a second thought. But, you can start trading by means of a potent binary options trading system.

These systems or platforms give you an approach through which you can create a zone of profit with a large amount of the best possible positive prospects.

It has been seen that about 80% of the options expire valueless. This can be simplified by the online trading system. This system enables you to create a winning trading system on the basis of analysis of the historical data after getting the information of market trends. You can fully automate each Binary options trading system. You should, therefore, choose a system through which you can trade automatically.

Binary options platforms You can find a lot of different types of binary options trading platforms which will help you in online trading. These platforms are simple to use and you get a chance to know about your loss or gain in binary options trading. Binary options trading platforms have many benefits in terms of their features. You should be conscious about the benefits and drawbacks of the binary options trading system and then weigh the one that suits you the most.

Binary Options Platforms Review A simple review of some of the binary options platforms are as follows:

The standalone or web-based trading platforms

These platforms help you to have better control over your trading; however there are many hidden costs in such systems. Before you choose any definite standalone platform, you should find out about its maintenance, storage facilities and user-friendliness.

Multiple Currencies trading platform

In binary options trading, you can trade on commodities, currencies, US market, EU market, Indices and many more. So, if you regularly trade with currencies, then you should choose a binary options trading platform that supports many currency pairs.

High Security Trading Platform

At the time of selecting a binary options trading platform you should enquire about its security level from the broker. You can look at its encryption level, and be able to interpret, which platform is best for you. Typically, a binary options trading platform having at least 128 bit SSL encryption is a good platform.

Pay Back for ‘Out Of The Money’ platform

Even a cent makes an enormous difference in binary options trading. Therefore, trading platforms, that would give you, at least some pay back for ‘out of the money’ should be chosen.

Minimum deposit platform

In most binary options trading systems or platforms there is a minimum deposit of 100 dollars. However, there are a few where the deposit can be as low as 50 dollars.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!

  • Binomo
    Binomo

    Good choice for experienced traders!

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How To Make Money on Binary Options Trading
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