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BDSWISS Review – A Reliable Friend for Trading Forex & CFD

BDSwiss Review - Binoption
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Overall Rating
4 Binoption BDSwiss
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BDSWISS Review – A Reliable Friend for Trading Forex & CFD

We are inviting you to read this BDSWISS Review which is an old and famous Forex/ CFD broker.

Though it was famous for binary options, now they are not providing options trading anymore due to the recent ESMA changes.

They are more focused on Forex, Cryptocurrency, Shares, Indices, and Commodities. BDSWISS is one of Europe’s leading financial institution. 

For a new trader, it is always a complex work to find out a trusted and reliable broker. Through this broker review, we are making this easy for you.

Since inception, it has been working with much sincerity and integrity. It has already gained a huge reputation and million traders’ trust. With much surprise, we have noticed that it is growing fast.

In this review, you will get to know about this broker’s unique features, regulation, information of the account types, advantages, disadvantages, and many more. 

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that BDSWISS Broker does not accept traders from the following countries – Afghanistan, Algeria, Bosnia and Herzegovina, Belgium, Canada, Crimea, Cote D’Ivoire, DPRK (North Korea), Guyana, Iran, Iraq, Myanmar, Papua New Guinea, Sudan, Syria, Uganda, Ukraine, United States, Vanuatu, Yemen, Lao People’s Democratic Republic.

BDSWISS Review

BDSwiss Review - Binoption
START TRADING (EU)
START TRADING (NON-EU)

High Capital Risk Is Involved In Financial Trading

Since 2012, BDSWISS has been operating and providing wonderful service around the world. It is owned and operated by BDSWISS Holding PLC for EU countries and BDS Market Ltd for non – EU countries.

Their registered office is Apostolou Andrea Street 11, Hyper Tower, 5th Floor, 4007 Mesa Yeitonia, Limassol, Cyprus.

They have offices in Cyprus and Germany. The broker is regulated broker and gained trust through fair business policy. This CFD, Cryptocurrency, Forex broker has two regulations based on region.

That is why this broker is getting popularity every day. Having lots of clients is evidence of its reputation.

BDSWISS uses Web Trader and Meta Trader 4 Platform for both Desktop and Mac.

It has multiple mobile application services but, anyone can operate trade from his mobile phone through Android and iOS.

Why BDSWISS?

BDSWISS has been providing online trading services to almost a million clients worldwide. For many reasons, one should choose BDSWISS.

Among many, we are mentioning some key features which are important to know before depositing money. 

As they are providing services for both the EU traders and NON-EU traders, so we separated features in two parts. 

 

NON-EU TRADER

  • Regulated by FSC
  • Minimum deposit €/$/£ 200
  • Zero Fees on Deposit
  • Free Demo Account Forex/CFD
  • Spreads from 1.0 Pips
  • 0.00 Fees on Trade Execution
  • Maximum Leverage – 1:400 (Forex)
  • 250+ Trading assets
  • 3 Account Types (Basic, Raw and Black)
  • Hedging Allowed
  • VIP support 24/7
  • Max Lot size 50
  • Minimum Position Size – 0.01 Lot
  • Support of Economic Calendar
  • Platform – Web Trader and MT4
  • Available Mobile App – Android and iOS
  • Fast withdrawal
  • No commission 
  • Multiple language support
  • Enriched education center
  • Free Webinars
  • Live chat and 24/7 customer service
  • Free trading tools
  • Islamic Account Optional
CLICK TO JOIN BDSWISS (NON-EU)

High Capital Risk Is Involved In Financial Trading

EU TRADER

  • Regulated by CySEC
  • Minimum deposit €/$/£ 200
  • Zero Fees on Deposit
  • Free Demo Account Forex/CFD
  • Spreads from 0.4 Pips
  • 0.00 Fees on Trade Execution
  • Maximum Leverage – 1:30 (Forex)
  • 250+ Trading assets
  • 3 Account Types (Basic, Raw, and Black)
  • Hedging Allowed
  • VIP support 24/7
  • Max Lot size 50
  • Minimum Position Size – 0.01 Lot
  • Support of Economic Calendar
  • Platform – Web Trader and MT4
  • Available Mobile App – Android and iOS
  • Fast withdrawal
  • No commission 
  • Multiple language support
  • Enriched education center
  • Free Webinars
  • Live chat and 24/7 customer service
  • Free trading tools
  • Islamic Account Optional

We believe, these above mentioned features will help you to make your mind about this broker.

CLICK TO JOIN BDSWISS (EU)

High Capital Risk Is Involved In Financial Trading

BDSWISS Regulation

BDSWiss Regulation Details - Binoption

As we already mentioned that BDSWISS is an regulated and reputed broker platform for Forex/CFD trading.

For EU countries, it has regulation from CySEC and their license number is 199/13.

It is also regulated by FSC (Financial Service Commission) for non – EU countries and their license number is C116016172.

Apart from these two, there are two more authorization given by regulatory bodies. These are: 

  • BDSwiss LLC is authorised and registered with the U.S. National Futures Association NFA ID: 0486419
  • BDSwiss GmbH (Registration No. HRB 160749B) is the registered Tied Agent of BDSwiss Holding PLC in Germany.

BDSWISS Sign Up and Login Process

BDSWISS Sign-Up:

Step By Step Signup Process - Binoption

To sign up into the trading platform traders need to put their personal information like the first name, last name, country residence, e-mail address along with the password. 

A welcome message will send to your Gmail account. 

After agreeing with all the terms and conditions of BDSWISS, you have to fill up a form with a few information regarding your trading skills and financial status. 

After filling up with all information, you are ready to trade with BDSWISS. 

BDSWISS Login:

BDSwiss Login Process - Binoption

By using your Facebook and Google+ account, you will able to log in to the BDSWISS trading platform.

You can log in to the trading platform by giving your registered email address and password.

BDSWISS Account Verification

Being a regulated company, BDSWISS is obliged by law to verify their each and every customer’s account. 

BDSWISS collect this information to protect your account and ensure that no unauthorized person can register an account on your name. 

Proof of Identity:

Traders need to submit the photo identification like a passport or national ID card. 

The attached file must be valid and clearly readable. 

Proof of Residence:

A utility bill such as electricity, water, gas or landline phone bill or a bank statement, showing your name and address as listed on your application and issued within the last 6 months.

It is prohibited to submit mobile phone bills and bank receipts as proof of residence. 

BDSWISS Demo Account

BDSWISS offers a demo account to their traders.  You can use this demo account without any limited time period. 

Practice account will help traders to trade without any fear of losing money. 

You will get $10,000 virtual money which you can reset again. Traders can use the demo account in any of the platforms (Web, desktop, and mobile). 

Any profits or funds in demo account is non-withdrawable. 

It is possible to access in all features of the trading platform through the demo account. After depositing a minimum amount, you can easily switch to the real account. 

Traders can practice trading in a virtual environment to improve their trading skills. 

OPEN DEMO ACCOUNT (EU)
OPEN DEMO ACCOUNT (NON-EU)

High Capital Risk Is Involved In Financial Trading

BDSWISS Forex Account Types

BDSwiss currently offers three account types: Basic, Raw, and Black for Forex & CFD trading. These accounts have been created for the needs of different traders.

The features are given below –

Basic

$ 200 Minimum Deposit
  • Leverage: 1:400
  • Min. Lot size: 0.01
  • Commission charges: No
  • Education Material: Free
  • Trading Alerts: No
Open Basic Account
Low Deposit

Raw Spread

$ 1000 Minimum Deposit
  • Leverage: 1:400
  • Min. Lot size: 0.1
  • Commission charges: Yes
  • Education Material: Free
  • Trading Alerts: No
Open Raw Spread Account
Popular

Black

$ 5000 Minimum Deposit
  • Leverage: 1:400
  • Min. Lot size: 0.1
  • Commission charges: No
  • Education Material: VIP
  • Trading Alerts: VIP
Open Black Account
Benefits

High Capital Risk Is Involved In Financial Trading

BDSwiss Basic Account:.
  • Minimum Deposit: $200
  • Leverage: As high as 1:400
  • Leverage: As high as 1:30 (EU)
  • Min lot size: 0.01
  • Zero Fees on Deposits
  • Free Education Material
  • MT4, BDSwiss Webtrader, BDSwiss app iOS & Android
  • Multilingual Support
  • Free Trading Tools
  • Free Webinars
  • Islamic Account Optional
  • Hedging allowed
  • Average Spread: EURUSD – 1.5, USDJPY – 1.7, GBPUSD – 2.0, USDCHF – 1.7 (For both EU and NON-EU)
START TRADING FOREX (NON-EU)

High Capital Risk Is Involved In Financial Trading

BDSwiss Raw Spread Account:
  • Minimum Deposit: $1,000
  • Leverage: As high as 1:400
  • Leverage: As high as 1:30 (EU)
  • Min lot size: 0.1
  • Max lot size 50
  • Zero Fees on Deposits
  • MT4, BDSwiss Webtrader, BDSwiss app iOS & Android
  • Multilingual Support
  • Free Trading Tools
  • Free Webinars
  • Free Education Material
  • Islamic Account Optional
  • Hedging allowed
  • Average Spread: EURUSD – 0.4, USDJPY – 0.4, GBPUSD – 0.4, USDCHF – 0.8 (For both EU and NON-EU)
BDSwiss Black Account:
  • Minimum Deposit: $5,000
  • Average Spread: EURUSD – 1.1, USDJPY – 1.3, GBPUSD – 1.5, USDCHF – 1.3
  • Leverage: As high as 1.30 (EU)
  • Leverage: As high as 1:400
  • Min lot size: 0.1
  • Zero Fees on Deposits
  • VIP Education Material
  • VIP Dedicated Support
  • VIP Trading Alerts
  • Free Access To Webinars
  • Islamic Account Optional
  • Free Virtual Private Server Service on request
  • MT4, BDSwiss Webtrader, BDSwiss app iOS & Android
START TRADING FOREX (EU)

High Capital Risk Is Involved In Financial Trading

Asset Index

Over 250 assets are available at BDSWISS including shares, indices, forex, cryptocurrencies, and commodities.

They have 50+ Forex Pairs, 15+ Cryptocurrencies, 5+ Commodities, 10+ Indices and 140+ Equites. 

Another key point is that BDSWISS does not charge any transaction fees on trade execution. 

In Forex trading, spread starts from 1.0 pips on popular currency pairs. For example, EUR/USD is one of the popular currency pairs highly traded in the Forex market. 

ENI, IBM,DAIM, DBFRA, VODAFONE, BARCLAYS, EXXON, JPMORGAN, FACEBOOK, INTEL, GE, TWITTER, UBS, YAHOO, EBAY, MCDON, ALIBABA, APPLE, BP, CITI, COCA COLA, HSBC HOLDINGS etc.

DAX, DOW, DUBAI FINANCIAL MARKET GENERAL INDEX, FTSE 100, KUWAIT GENERAL INDEX, NASDAQ, S&P 500, TADAWUL etc.

USD/JPY-OTC, USD/CHF-OTC, USD/CAD-OTC, GBP/USD-OTC, GBP/JPY, GBP/CHF, GBP/CAD, GBP/AUD, EUR/TRY, EUR/NOK, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, NZD/USD, USD/CAD, USD/CHF, USD/JPY etc.

GOLD, SILVER, OIL, COPPER etc.

Bitcoin, Litecoin etc

START TRADING CRYPTOCURRENCY

High Capital Risk Is Involved In Financial Trading

BDSWISS Trading Platform Overview

BDSwiss Trading Platform Overview - Binoption

BDSWISS offers MT4, MT5, and WebTrader trading platform for its traders. 

You can download to your desktop and mobile;e device to perform the trade. 

BDSwiss itself uses the time zone UTC +1. The prices displayed in the Meta Trader 4 platform refer to the server time of UTC +2. Both time zones change to UTC +2 or UTC +3 during the summer time.

Each trading platform offers unique features for traders. However, the WebTrader platform exclusively developed in-house to fulfill their client’s needs. 

Traders cannot open the MT5 trading platform with MT4 login credential. You have to open different trading accounts for them.

They have an MT4 trading platform where traders can perform their trade. The MT4 platform is quite familiar to the traders.

You can place your trade on Meta Trader 4 on Windows, Mac, and Web.

The total trading platform is user-friendly. You can easily switch to your real account from the demo account. You can customize the trading window according to your preference.

Traders can select assets from the asset’s lists. The list will show you the current asset’s price and the change in 24H. In the market watch panel, you will find bid price and sell prices of the most popular trading assets.

In the right side, you will find your preferred asset with a fixed spread and leverage. The ratio of the leverage depends on the asset’s type.

Traders can protect their trades at all times with good risk management, by setting a Take Profit and Stop Loss on every trade.

You can check your trading position details by clicking on the position button. It will show your open, pending, and closed orders.

You will find a wide range of trading indicators, trading charts, and other trading tools. Find your favorite chart types, technical analysis, and graphical tools form the trading platform.

Negative balance protection will help traders to limit your lose more than your original deposit.

You can monitor your account balance, equity, and free margin on the right side of the online trading platform.

Traders can set the time interval from 1 minute to 1 month.

MT5 platform is the latest trading platform that offers advanced trading tools and indicators. 

In fact, it enables traders to keep control of their trades. It also helps them to make informed decisions using cutting-edge analysis. 

It enables clients to trade an extended number of CFD trading instruments from various assets classes. 

Moreover, you will have full access to your account and order history. 

Additionally, the platform offers an internal mailing system for traders.  Furthermore, you can enjoy a lot of unique features like: 

  • Automated trading with EA
  • Ability to display 100 charts simultaneously
  • Over 80 Technical Indicators
  • Analytical objects more than 40

WebTrader platform is designed by the BDSWISS team to take better care of their growing user base. 

A cutting-edge interface allows traders to execute a simple and instantaneous trade. 

It features unique trading indicators and charting tools. 

Additionally, it also allows traders to perform automated trading. 

OPEN FREE MT4 ACCOUNT

High Capital Risk Is Involved In Financial Trading

Wealth Management Program

BDSwiss Wealth Management - Binoption

Traders can put the trading capital to maximize the rate of return.

In the wealth management program, there will be an account or fund manager who will help you to increase your profit on behalf of you.

You can act in both ways; as a seasonal fund manager or an investor.

BDSWISS wealth management program works in three below steps.

Traders need to choose a trusted partner. You can either choose one fund manager or multiple fund managers to invest your money. BDSWISS is offering complete transparency by giving a number of performance metrics. The metrics will help to find out the best Fund Managers including their success rate, their current balance, the strategy they will be using, their total profits and their fees and charges, among others.

You have to get professional traders to invest in your funds. Each Fund Manager and all participating investors will form a pool of funds. The Fund Manager will then use these funds to trade the Global Financial Markets following his proposed strategy. You can monitor your investment from the account dashboard. You can access the dashboard from both your mobile and desktop device.
You can withdraw your profit after finishing a successful trading period. The trading period ranges from one week to a month. The investors will need to pay a certain percentage to the fund manager depending on the withdrawal amount.
OPEN MANAGED ACCOUNT

High Capital Risk Is Involved In Financial Trading

BDSWISS APP

BDSwis App For Desktop And Mobile - Binoption

You can now trade your favorite trading asset with the help of the BDSWISS trading app. The app is translated in more than 20 native languages.

You can perform trade in your mobile device as well as the desktop device. The trading platform is similar to the web platform. 

BDSWISS gives you absolute freedom to trade anywhere in anytime. 

You can download MT4 trading platform in your android and iOS device. 

BDSWISS Trading App – Desktop:

Traders can download MT4 for Desktop device. The trading app is available for your Windows and MAC. 

The BDSWISS Forex MetaTrader 4 trading platform is designed for traders who wish to trade in the financial markets. 

You can access the trading platform instantly without any loading time. 

For downloading the app, traders need to follow a few simple steps. 

This software is using Wine and WineBottler which are free and open source software released under the LGPLv2.1+ license.

BDSWISS Trading App – Mobile:

The mobile application will give you access to trade CFDs on currency pairs, commodities, indices and stocks. 

You can monitor your trading charts, can deposit your initial balance and withdraw profits. 

The BDSWISS mobile app is offered in both Android and iOS. The mobile app is very clean and attractive to the traders.  

The App is only available on the App stores for the iOS devices and on the Google Play store for Android devices.

In 2018, the broker platform received “Best Trading App 2018 Award” by Mobile Star Awards.

DOWNLOAD APP

High Capital Risk Is Involved In Financial Trading

Trading Academy & Education

They have a wide range of education portion for the beginner traders as well as the intermediate and advanced level traders.

They mainly provide video courses for their traders. Traders will get educational resources based on Forex and CFD trading.

The goal is to give traders a basic understanding of trading. You will get knowledge on different types of assets, trend analysis, charts, tools, indicators, and so on.

Those who are new in the trading field can enjoy the facility of having a personal trainer with our paying a single penny.

With the help of a risk management strategy, traders will able to control their trading risk and can develop their own money management system.

In Educational Material you will also get –

  • Forex Glossary
  • Forex Basics Lessons
  • Daily and Special Events Webinars
  • 121 VIP Sessions
  • Market News and Articles
  • Forex Trading Videos

Analysis And Tools

At the BDSWISS website, you will find the analysis section from where you can select your necessary trading tools.

The total analysis section is designed with six different parts.

Through the economic calendar, traders will get to know about the recent trading market economic data. It is a great source of trading announcement.

It will inform traders about when the world’s biggest financial announcements will take place as well as what the projected value will be

BDSWISS trading alerts will help traders by providing daily free alerts with analysis on possible price direction in buy or sell terms along with entry and stop levels.

You can access to the VIP trading alerts by providing your name. account number, contact number, and email address. 

 

In the market news section, you will find all the latest market news which will help you to perform your trade. 

Depending on the market news, the trading asset’s price fluctuates. 

In the trader’s journal part, you will find different articles which are based on how different asset classes works, how to perform a trade in the bear and bull market, etc. 

Market outlook part is the FX/CFD market forecasts by BDSWISS’ analysts.  

It changes from year to year. You can download the market forecast PDF by submitting your personal information like name, email, contact number, and country name. 

BDSwiss has expanded its tool-kit arsenal with the integration of Autochartist.

It is a user-friendly and intuitive interface that monitors market 24 hours a day, and automatically alert traders whenever new trading opportunities are identified.

You can perform a profitable trade with the help of Autochartist.

Live Webinars

Live Webinars Facility - Binoption

Trading webinars is helpful for all types of traders acquire trading knowledge. 

It is a place where you can learn about trading from expert traders and also discuss your problems or share your thoughts with different traders. 

Trading webinars will enable reality based tips and corrections for traders. It is also prevent misconceptions and provide interactive opportunities among traders. 

At BDSWISS, traders will get opportunity to attend in the webinars with all expert traders to enrich their knowledge to the financial market. 

Their main goal is to give trader’s access to first-rate market education. 

From each webinars, you will learn how to interpret charts, develop your own strategy and watch experts trade key market events live.

You will find the live trading schedule from their website. To join webinars, traders need to complete registration by giving their name and email address. 

A webinar organizer, will communicate with you regarding event and their other services.

JOIN FREE WEBINAR (EU)
JOIN FREE WEBINAR (NON-EU)

High Capital Risk Is Involved In Financial Trading

Deposit Method

We have found the transaction method easy, smooth and secured. While opening your account you van select or choose your desire currency. 

It uses SSL encryption to protect all kinds of transaction.

The minimum deposit is $200. However, the deposited amount will depends on your account types.

It is not necessary to deposit immediately after signing up at BDSWISS. You can deposit later after completing trading practice with demo account. 

BDSWISS supports 150+ depositing methods. Depositing money can be done using any banking channel including Visa, Master Card, Bank Wire, Maestro, Krill Netelar, Sofort, Paysafecard, Ukash, Giropay etc.

There is no fee for depositing money.

It will take no time if you deposit your amount without using any bank channel. Bank wire deposit may take between 1-4 working days to reach BDSWISS and are processed immediately once they are receive.

BDSWISS Withdrawal

BDSwiss Withdrawal Process - Binoption

Withdrawal is also easy, fast and hassle-free.

It takes two days to process a withdrawal request.

In terms of withdrawal, a trader has to submit some documents for security reason.

You need the following documents to verify your account:

  • Proof of identification: Provide any government identification such as passport or identity card.
  • Proof of address: Provide any utility bill such as electricity, water, gas or internet bill. The address must be clearly visible on the bill.
  • Appropriateness test: BDSWISS conducts an appropriateness test and expects the customer to honestly answer all the questions in the test.

Using the same banking media, withdrawal can be done.

As per the information which is written to their website that all withdrawals are processed within 24 working hours by BDSWISS.

Except bank wire withdrawal process, there is no minimum withdrawal amount required for the traders.

Note: 10 EUR fee will apply to any bank wire withdrawals under 100 EUR and any other withdrawals amounting to 20 EUR or less. For bank wire international payments, the minimum withdrawal amount is 50 EUR after the deduction of the 10 EUR basic fee.

For SEPA transfers there is a minimum withdrawal amount of 5 EUR after the deduction of the 10 EUR basic fee.

The time duration of payout is 2-7 business working days. The average withdrawal time 5hrs. 

But BDSWISS suggest to their traders for using wire transfer for withdrawing their funds because this payment method is more secure than any others.

Withdrawal through bank wire costs $25 fee.

If there is any problem regarding withdrawal, you can ask their help.

Help and Customer Support

Customer Support And Help - Binoption

Customer support of BDSWISS is very proactive and cordial. By several ways, it provides customer service day and night.

Traders can be connected with them via WhatsApp, Telegram, Email, Call back, and Live Chat. 

They have multi-language support number and it is 16 languages in different numbers.

There is also a live chat room. You will get really a quick reply from their side. If you knock them using live chat you will get an answer right away.

So, we are giving BDSWISS thumbs up in terms of customer service.

BDSWISS Advantages

While dealing with this trading broker, we have found numerous advantages.

The main advantages is their wide range of trading indicators. Trading indicators will help traders to predict the future asset price.

The strict regulation process makes this broker reliable.

They offers multiple trading accounts which will help traders to choose one depends on their trading skills. There is no hidden charge applicable while depositing money.

The customer support team is dedicated and always there for the traders.

Drawback

We have found some drawbacks of BDSWISS. We are sharing those findings with you here.

They should have think about the proprietary platform.

In their website, you will not find any information about the demo account. However, after registration you’ll get the demo account.

We think more information are needed to add on the website.

So that a new trader can get all the information while surfing BDSWISS website.

Except these things, we believe this broker is good and trusted.

Is BDSwiss Legit or Scam?

It is really satisfactory news that BDSWISS is growing fast since its inception.

We are pleased to learn that it has excellent customer track record.

We have checked thoroughly and drawn a conclusion in our BDSWISS Review that this broker is trustworthy, reliable and transparent.

It is not a scam rather a reliable friend for new as well as old traders.

We are highly recommended this broker. 

Good luck to all of you!

Posted on

24Option Review 2018: A Broker to Trust or Scam For Trading

24option Review - Binoption
broker logo
Overall Rating
4 Binoption 24option
Open Account

24Option Review 2018: A Broker to Trust or Scam For Trading

Traders who are familiar with 24Option as one of the top representative of Binary Options trading will find it as a full service Forex, CFD and Cryptocurrency Broker, however it is important to know 24Option Review before investing money.

You are in right track because we are back with a full-fledged broker review, so that you can invest your money in much smarter way.

We believe that, trading is not so easy for novice traders who are willing to invest their money in Forex, CFDs, Cryptocurrencies, Indices, and other commodities.

Traders need to have a user-friendly dashboard where they will be able to find all trading tools perfectly and also can learn more on trading while earning money.

This regulated broker offers Forex, CFD and Cryptocurrency trading facility after closing binary options from 2017

Here, 24 Option (Full-service Forex and CFD Broker) is ensuring their traders a secure, trusted and the easy trading environment by offering user-friendly platform.

Their Tagline is –

“Access the Financial markets all in one place”.

This trading platform is providing the latest advance technology for both novice and experienced traders.

For starting trade and getting success, a trader must have the knowledge of trade-related issues.

Trading without knowledge has a drawback and by keeping this in mind 24 Option Broker is offering a sector where traders can gain proper knowledge.

It offers their traders customer service facilities including live chat and email support. The support system is ready to help its customers to meet their goals.

A wide range of trading assets is underlying in 24Option Broker’s dashboard.

Then no doubt, it ensures trade at ease.

We covered this 24Option Review with few topics like the trade window, about 24option trading, demo account, signup and login process, key features of this broker, account types, trading details and strategies, minimum deposit and methods, withdrawal methods, and other well-formed information so that you can take your decision either you will move forward with 24 Option or stay back.

24Option Review

24option Review - Binoption

High Capital Risk Is Involved In Financial Trading

Before entering the section of other features let’s have a look at which company has come up with this awesome trading platform in late 2009.

At first, they were famous for Binary Options trading but at this time they cut off Binary Options from their trading option.

They are working as full-service Forex and CFD Broker.

24option is operated by Rodeler Limited, a Cyprus Investment Firm, authorized and regulated by the Cyprus Securities and Exchange Commission (For European Economic Area and Switzerland) and Richfield Capital Limited, a Belize Investment Firm, authorized and regulated by the International Financial Service Commission of Belize (For International).

Richfield Capital Limited is located at Belize with their own license number IFSC/60/440/TS/17 and Rodeler Limited is located at Cyprus with CIF license number 207/13.

Check the regulation of CySec from HERE.

Earlier, it was owned by CBAY. In late 2013, both the mentioned company merged and started operation as Rodeler Ltd.

This trading platform under Rodeler Limited is performing their service within the European Economic Area and Switzerland except for Belgium where Richfield Capital Limited is providing their service internationally.

But 24 Option is not running their service in the USA, British Columbia, Canada and some other regions.

Moreover, we found news through Finance Magnates that this broker has been banned from operation in France.

At the very beginning, you will find a home page where a chart is showing a list of week’s popular assets.

A trader can also set their language from the list.

24 Option supports multiple country languages.

From this page, you will able to download MetaTrader4 as the trading platform which is one of the most popular sites for charting and analysis.

You can see videos to educate you and also can download free E-Books.

Why 24Option?

It is mandatory to check the regulation before choosing a broker.

To find out a perfect broker is not easy task as all products are not suitable for all traders.

It is a nightmare if you don’t have enough knowledge about their key features and benefits.

The question is –

“WHY CHOOSE 24OPTION AS A TRADING BROKER?”

After completing our research, we have gathered some reasons, such as-

  • Trusted and regulated Broker
  • Minimum deposit $250 for Credit card and Electronic payment. Wire Transfer minimum deposit $1000
  • Maximum Forex leverage [1:400]
  • Bitcoin Leverage up to [1:10]
  • Spread start from 1.5 pips
  • Minimum trade volume starts from 0.01 lot
  • Maximum trade volume – 100 lots
  • Margin require $250
  • 25% Bonus of the First Deposit Amount or $500, whichever is the lowest.
  • Free Demo account facilities
  • Trouble-free withdrawal [Minimum Withdrawal $10]
  • A trader can choose account types
  • Proprietary Web platform and Meta trader 4 Platform
  • Well informed customer care service
  • Wide range of assets
  • Mobile trading facilities for Android and iOS
  • Attractive bonus, offers and promotion
  • Free alert service
  • Available free market analysis
  • Trading education facilities

You can say these are the key features of 24 Option trading platform.

Some other features are also available in this platform to make your trading experience more energetic.

Step by step we are going to explain every features and facilities.

OPEN NEW ACCOUNT WITH 24OPTION

24option login and signup process

Before login or sign in, you need sign up or register with 24Option trading broker for real account or demo account.

Here, I am giving step by step instruction for signing up with 24 Option trading Broker.

Step-1:

Registering for an account is for free.

To begin the registration process you need to click the “VISIT OFFICIAL WEBSITE” button below.

After clicking The 24Option official website window will open in new tab.

VISIT OFFICIAL SITE

High Capital Risk Is Involved In Financial Trading

Step-2:

24option Login Signup - Binoption

After clicking on the button, the above page will come where you have to register or sign up through a valid email address, Full name, and mobile number.

Before clicking the start trading button, you can select your preferable account mode. You can either start with your Demo Account or Real Account and you need to agree with their terms and condition.

Step-3:

Completing the account registration will take you just 1 minute. Before you can log in to your trading account, you need to activate it first.


A link will be sent to your email inbox with a password; click on that link to be able to activate your account.


Now you have an active 24 Option account!

24option Login Live Account Deposit - Binoption
Step-4:

After verifying your email and activating trading account, you will be directed to your trading room where you’ll see a web trading platform or dashboard.

Here,  you will see all assets and features.

You can either start with your Demo Account or you can switch to Real Account and directly start live trading by depositing money.

From next time, you can log in directly from their website by using your email and password you used during registration and you will be able to trade from the trading room.

24Option Demo Account

Opening a demo account in 24Option is so easy.

You need to sign up for opening an account by giving your Name, Email, and Contact Number.

Before clicking “START TRADING” traders need to agree with their terms and condition. You will get a confirmation email with your Demo account unique ID and Password.

Initial deposit is $250 to open an account. As you are opening demo you don’t need to put this amount in your account.

Now you are ready to trade with your demo account. After opening a demo account in 24 Option, a trader will get virtual money as their deposited money.

You are totally risk-free if you use a practice account to trade.

To open a real account you need to give some important documents to verify your account. The call centre repetitive will call you and will ask for the account types.

They will connect you with an account manager. You have to minimum deposit $250 to open a real account.

OPEN DEMO ACCOUNT

High Capital Risk Is Involved In Financial Trading

24Option Signals: Trading Central Forex Signals

Signals are mostly used in any trading as a guideline. You can not depends fully on any signal providers.

You have to combine your strategy with the signal to get the best trading result. 24Option is providing trading signals on CFD as well as for other assets.

You need to open your CFD account to get forex signals along with signal for other assets. The platform itself known as Trading Centrals. As a trader, you will get the analysis based on the market update.

Getting signals in 8 different languages is amazing for traders.

Besides this, if you want auto trading service in 24Option then 24Option is not providing this service itself but you can use Option Robot Trading Software which is integrated with many brokers including 24Option Broker.

Although they are not considering the daily market updates as investment advice.

24Option Trading Type

24Option Forex CFD Trading - Binoption

24Option is allowing their trader to trade Forex, CFD, Cryptocurrency and other assets.

We are going to share with you some knowledge about how these currencies and commodities are traded and also strategies.

24Option CFD Trading:

The full form of CFD trading is Contract for Difference.

This is a popular form of derivative trading product in which you can trade on the rising or falling price of fast-moving global financial market.

The fast moving products are shares, indices, commodities, currencies and treasuries.

As you are here in this platform to trade CFD so there are few basic strategies that you can follow.

This is absolutely true that trading market can be complicated sometimes.

By following these below you can at least go for a good trade –

  • Focus on a small number of markets. You can research each of the market depth each day.
  • As you are a trader so you need to decide which time frame is best for you. If you are a long time trader than the weekly and monthly time frame is best for you for a short time trader daily time frame is best.
  • It is best to have a trading plan. Before placing any trade you should have proper market research. How much risk you can take for one trade.
How CFD Trade is done in 24Option:
  • Enter into the trading platform
  • From the upper toolbar, you can select CFD.
  • You can choose the CFDs which you want to trade and in the filter option, you can see all Indices, Forex, Stock, and Commodities assets.
  • By clicking buy and sell button you can start the trade. You can also choose when you wish to place the trade.
  • At the very right side, the graph will show the asset movement. When it is green it means “in the money” and when it is red it means “out of the money”.
START TRADING CFD

High Capital Risk Is Involved In Financial Trading

24Option Forex Trading

The full form of Forex trading is Foreign Exchange.

Exchanging one currency to another currency is known as Forex. Anyone can participate in Forex trading with a small amount of investment.

There is a trade-off, so an investor can control his $10,000 worth of currencies with a little investment of $25.

24Option Cryptocurrency Trading:

A Cryptocurrency is a digital or virtual currency that uses cryptography for security. 24Option Trading Broker is one of the first brokers who offer trading CFDs on Cryptocurrencies.

The most popular five digital currencies are now available in 24Option and they are Bitcoin, Ethereum, Ripple, Dash and Litecoin.

24Option Trading Platform – Proprietary

24option Trading Platform Proprietary - Binoption

They improved themselves with their advanced trading platform which was made and controlled by their in house team.

New features are faster and flexible than previous. The most beautiful thing about this platform is, it has a black background with colourful letters.

In the left side, there is a filter option from where you can find all assets in one list.

The extensive underlying assets make this platform extraordinary. Current underlying assets include around 40 Cryptocurrencies, 15 Commodities, 21 Indices, more than 49Forex pairs and more than 170 stocks.

The right side of the trade window traders will find a graph where they will get the asset name which he wants to trade.

You can set your lot volume which will show the change of pip value. From that graph which mentioned a few minutes ago, you will also find the spread.

Spread will vary currency pairs to currency pairs. The minimum spread starts from 1.5 pips. Lot value is also available in the trade window.

The minimum and maximum volume start from 0.01-100. This number is constant for all currency pairs. For Forex the leverage shows 1:400 and for Bitcoin 1:10.

Require margin is $250 for both long position and short position. Max trade size for Forex starts from 10 lots to 30 lots. For Stock maximum trade size are 10 lots and for Indices 3 Lots.

Swap is applicable only for CFDs trading which is not fixed. Swap fee is fixed for Commodities and Indices.

In 24 Option swap will also depend on the trading volume. Traders will set the trade value and after reaching that value, the trade will automatically open.

You can also set the stop loss and take profit to minimize your trading risk. You will get daily market analysis from the trading platform.

24Option MT4 – MetaTrader 4 Trading Platform

24option-MT4-Login-Binoption

For their traders’ satisfaction, 24Option also offers MetaTrader 4 as their trading platform.

This platform offers three different chart types, over fifty technical indicators.

If you want you can even customize your trading platform.

Some basic features that available in MT4 are :

  • Trade Forex and CFDs
  • Analyze Market Prices
  • Automated Trading Tools
  • Monitor Trend Lines
START TRADING ON MT4 DEMO ACCOUNT

High Capital Risk Is Involved In Financial Trading

24Option App – Mobile Trading Platform

Those who are looking for the advantage of mobile trading, 24option is a good news for them.

It is because this broker offers a handy trading from mobile phone.

Interested has to download the apps (which is free and compatible with any device), install it and then begins the happy trading.

This application will support IOS and Android Phones.

You can simply download this application from Google play store or Apple’s App Store.

You can also download MT4 trading platform in your mobile phone to trade anywhere in anytime.

Because of this handy scope anyone can trade at any time and from anywhere.

24Option Account Types

Traders ask a question while they trade at the first time that –

What account is right for me?

Traders have to choose their account on basis of the trading plan and also trading strategies.

Why do you actually need to choose the trading plan?

You need to choose the trading plan because in each plan there are some trading tools alone with trading information and trading resources.

24 Option believes that,

The more access to information, resources and tools you control, the more power you have to make the right moves at the right times.

There are four types of account offered by 24 option.

They are –

  • Basic Account
  • Silver Account
  • Gold Account
  • Platinum Account

All these types of account holders enjoy especial features.

Some features are common for each account holder and some are not.

Here we are showing you all features in one table:

BASIC SILVER GOLD PLATINUM
Minimum Deposit $250 Minimum Deposit $5,000 Minimum Deposit $10,000 Minimum Deposit $50,000
Platform Introduction Platform Introduction Platform Introduction Platform Introduction
Dedicated Account Manager Dedicated Account Manager Senior Account Manager Senior Account Manager
No Webinars and Seminars Webinars and Seminars Webinars and Seminars Webinars and Seminars
Financial Market Introduction Financial Market Introduction Financial Market Introduction Financial Market Introduction
Demo Account 100k Demo Account 100k Demo Account 100k+ Demo Account 100k+
Daily Market Brief Daily Market Brief Daily Market Brief Daily Market Brief
~ Risk management explanation Risk management explanation Risk management explanation
~ Sentimental, fundamental, technical analysis one on one tutorial Sentimental, fundamental, technical analysis one on one tutorial Sentimental, fundamental, technical analysis one on one tutorial
~ Short, medium, long term explanation of common trading strategies Short, medium, long term explanation of common trading strategies Short, medium, long term explanation of common trading strategies
~ No maintenance fees No maintenance fees No maintenance fees
~ Max lot Max lot Max lot
~ ~ One on one MT4 course One on one MT4 course
~ ~ Trading Central Trading Central
~ ~ Free withdrawal Free withdrawal
~ ~ ~ Spreads

If you are still confused about choosing the trading plan then you can contact their support or account manager and share your goals.

CREATE YOUR ACCOUNT

High Capital Risk Is Involved In Financial Trading

24option Trading Education

24option Education Strategies - Binoption

As we mentioned before there is no value if you have not any proper knowledge on trading.

So it is necessary to learn every day if you want to take this trading profession seriously.

The way every topic has been discussed and represented is easy to understand.

For newbie, this guide can be a great help to understand the difficult terms and issues.

24option education center is another great tool for new traders.

24 Option has a resourceful education where you will find Forex and Crytocurrencies education.

For Forex they divided the education sector in 3 parts –

  • Forex Intro
  • Forex Beginners
  • Forex Intermediate

And for Crypto there is a section known as Interactive Crypto.

From Interactive Crypto you can learn ins and outs of Crypto Currency.

If you want you can even download the eBook.

There is also Videos for FOREX, CFDs and Crypto Currency.

You will get Daily Market Report from education sector. Market news is important to know the market trend.

From Advance market analysis, traders will get real time and historical market information.

You can even get Technical Analysis Reports, Indicators, and also Japanese Candle stick Signals.

Technical Analysis and Fundamental Analysis are also available in 24 Option Education sector.

GET EXCLUSIVE E-BOOK FOR FREE

High Capital Risk Is Involved In Financial Trading

24Option Minimum Deposit and Withdrawal Process

24option Minimum Deposit Withdrawal - Binoption

Here the best part of that, 24Option is fast in any kind of transaction.

This platform offers a minimum deposit amount of $250 but the deposit amount varies depends on the transaction types.

  • Credit card and Electronic Payment minimum deposit amount is $250
  • Wire Transfer minimum deposit amount is $1000

For depositing money 24 Option is accepted some currencies such as US Dollar, British Pound, Japanese Yen, Euro and Rubble.

You can even trade multiple currencies from one account.

They do not accept any cash deposit from their clients.

There are many ways to deposit your money in 24Option and you can choose one which you think is better for you.

Deposit options are a Credit card, Master card, Visa card, Skrill, and Wire transfer.

For wire transfer, traders need to contact their account manager through email or live chat to make the transaction appropriate and secure.

24Option make their withdrawal process easy as they make secure for depositing money.

Traders need to submit a few documents when they withdraw their first transaction’s money.

  • An official ID with a picture- Passport/ Driver’s License/Official Government ID document (Not expired)
  • Proof of Address- Bank or Credit Card statement/ Utility Bill such as water, electricity, phone from the last 6 months.
  • Credit card front and back showing only the last 4 digits.

Credit card document only needed when you will use this for depositing your money to 24Option.

If you use more than 1 or 2 credit card for depositing amount then you have to give these above mentioning documents for each.

A trader can withdraw his money filling all the required forms and submitting it properly.

It will take 3 to 7 working days to complete the process.

24Option Withdrawal Charges:

Account Types

 USD/EUR/GBP/CHF CNY JPY RUB TRY
Basic 35 250 4000 2500 100
Silver 35 250 4000 2500 100
Gold 35 250 4000 2500 100
Platinum Free Free Free Free

Free
24Option Withdrawal Fees:
CREDIT CARD
3.5%
SKRILL (MONEYBOOKERS)
2%
NETELLER
3.5%
WIRE FEES
35 USD/35EUR/35GBP/4000JPY
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24Option Customer Support: Live chat, Email, Phone

The mission of 24option is to create an “easy to use” Forex and CFD trading platform.

In doing so, they offer every possible help which they believe will ensure investors’ profit and success.

They provide 24 hours customer service over phone and by e-mail.

Interesting is that, they provide it in multiple languages.

Anyone from different region or from different country having different language can contact with them over phone and ask help.

They will help instantly!

Besides, 24option provides “live chat” for its investors.

It is an effective tool for every level (New or Old) of investors.

If a trader asks help or suggestion they get it immediately.

Drawback

Every broker has its own drawback because it is quite impossible to be 100% perfect and drawback free.

24option is no exception and it acknowledges it.

One of the major drawbacks is US traders cannot trade through 24option because of regulation’s problem.

Beside this, the minimum deposit of wire transfer is too high and it is $1000 where by credit card it is only $250.

Final Words

If you are still confused or wondering either you can earn money from the 24Option trading broker or not then my answer is YES.

This platform is not a scam.

They are regulated and secure for trading assets and currencies.

They are also an official partner of Juventus Football Club.

24Option is a highly profitable site for traders.

This platform is offering the facility to trade with a wide range of assets.

As we mentioned before, this platform is also providing education for novice traders.

From our experience, we can say that this is a broker worth joining.

After overall analysis and completing this 24option review, we can call it a friend because it guides a trader and helps in every step of trading for forex, CFD, Cryptocurrencies etc.

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ForexClub Libertex Review: An Experienced Leader for Forex

Libertex Review for Forex, CFD, Cryptocurrencies, Shares - Binoption
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Overall Rating
4 Binoption Libertex
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ForexClub Libertex Review: An Experienced Leader For Forex

Experience is precious.

We believe experienced people can do better.

Because an experienced person knows what to do and how to do, in a proper and best suited way.

That is why we employ those who have experience.

It is also applicable for a business institution like broker which you’ll find in our ForexClub Libertex Review for trading Forex, CFD, Cryptocurrencies, Indices, share and many more.

Forex Club Libertex is such an experienced Forex and CFD broker, working since 1997.

We can say, this broker is one of leading.

Thus we find it regulated, transparent in operation, inventive in creating products and tools, cordial in customer service and extensive in offering (Leverage 1:500).

Let us read the whole review to get a clear idea about Libertex Forex and CFD Broker.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Libertex Broker does not accept traders from the following countries –

  • USA
  • Australia
  • New Zealand
  • Belgium
  • British Virgin Islands
  • Guam
  • Lebanon
  • United States Minor
  • Outlying Islands
  • Northern Mariana Islands
  • Uganda
  • Philippines
  • Sri Lanka
  • Kuwait
  • South Africa
  • Azerbaijan

ForexClub Libertex Review

Libertex Review for Forex, CFD, Cryptocurrencies, Shares - Binoption

High Capital Risk Is Involved In Financial Trading

Libertex is one of the oldest broker to trade forex, stocks, cryptocurrencies, indices, commodities, gold, oil, gas etc.

It is a part of Forex Club group, a multinational award winning brand since 1997.

Indication Investments Ltd. is the owner of this broker.

The head office is at Gladstonos and Karaiskaki Street, off 31, Limassol 3032, Cyprus.

This broker is regulated by CySEC and the registration number is 164/12.

It uses own unique web based platform to provide best service and this platform is smooth and easy to use.

A new trader will find it fun to use.

There is no need to download any extra software to use this platform.

Libertex uses web based technology.

Therefore, it is easy and flexible to use from PC or mobile.

All the data are secured here.

For ensuring security, SSL encryption technology has been used by this broker.

So, there is no reason to fear of losing data.

There are comprehensive trading tools (such as – Zig Zag, Alligator, Aroon and many more) available to use.

It has a group of experts and financials who have extensive knowledge and trading experience.

These experts are ready to help Libertex’s clients in order to achieve highest success in Forex and CFD.

Why ForexClub Libertex?

Libertex Company Information - Binoption

Libertex is the leading broker in Forex and CFD for trading currencies, indices, cryptocurrencies, oil, gas, share, metals and agriculture.

There are many reasons to choose it first than others.

Through our scrutinized search and research, we have gathered some features which have kept Libertex one step ahead than others.

Let us check out those special features.

These are –

Company Information:

  • Broker Type: Forex / CFD / Cryptocurrency / Indices / Shares
  • Regulation: Cyprus Securities and Exchange Commission (CySEC)
  • Head Office: Gladstonos and Karaiskaki Street, off 31, Limassol 3032, Cyprus.
  • Founded: 1997
  • Employees: 700
  • Countries Covered: 27

Trading Options:

  • Minimum Deposit: $100
  • Minimum Bid: $1
  • Maximum Leverage: 1:500
  • Minimum Lot Trade Size: 0.01
  • Minimum Spread: As low as 0.5 for EURUSD
  • Bonus: YES (100% on First Deposit)
  • Margin Call: 20%
  • Stop Out: 0 (for shares 20%)
  • Product for Trade: More than 150
  • Account Types: Only one Basic Account
  • Deposit: Free of Charge
  • Withdrawal: Free of Charge
  • Payment Method: Skrill, Wire Transfer, Visa, Master Card

Trading Services:

  • Mini Account: YES
  • Demo Account: YES
  • Premium Account: NO
  • ECN Account: NO
  • Managed Accounts: YES
  • SWAP Free Accounts: NO
  • Fixed Spread: NO
  • Trading Platform: Proprietary (Own Web Based Platform)
  • Trading Signals: YES
  • Commission on Trades: YES (Minimum 0.011%)
  • Trading Education: YES (Videos, Ebooks)
  • Guaranteed Stop Loss: YES
  • Guaranteed Limit Orders: YES
  • Guaranteed Fills/Liquidity: YES
  • Negative Balance Protection: YES
  • Hedging: YES
  • Scalping: YES
  • Email Alerts: YES
  • Mobile Alerts: NO
  • Economic Calendar: YES
  • Weekly Report: YES
  • Daily Market Outlook: YES
  • OCO Orders: NO
  • Margin Call Level: NO
  • Technical Analysis: YES
  • Fundamental Analysis: YES
  • Automated Trading: NO
  • API Trading: NO
  • Social and Copy Trading: NO
  • Chart Trading: YES
  • Market Analysis: YES
  • Pending Orders: YES
  • Trailing STOP: NO
  • Trading Strategy: YES
  • Guarantee Execution: NO
  • Charting Package: NO
  • One Click Execution: YES
  • Interest on Margin: NO
  • Web Based Trading: YES
  • Mobile Trading: YES

Supported Instruments:

  • Forex: YES
  • CFDs: YES
  • Binary Options: NO
  • Crypto Currency: YES
  • Commodities: YES
  • Indices: YES
  • Stocks: YES
  • Metals: YES
  • Oil / Gas: YES
  • ETFs: NO
  • Bonds: NO
  • Shares: YES
  • Agriculture: YES

Suitable For:

  • Beginners: YES
  • Professionals: YES
  • Scalping: YES
  • Day Trading: YES
  • Weekly Trading: YES
  • Swing Trading: YES
  • Social Trading: NO
  • Home Based Investors: YES
  • Part Time Earner: YES

Demo Account: Libertex

Libertex are offering a Free Demo Account that allows you to trade with all instruments they have available.

They will provide you with minimum $5000 to play with and learn the trading craft on this virtual tool.

You can fund maximum $50,000 virtual money in your demo account.

The demo account allows you to perform all types of trades that are available on the real account, testing your trading strategies and getting used to the platform without investing real money.

For having the demo account for unlimited time, you’ll be required to deposit a minimal amount of $10 on your real account.

Then you’ll have the possibility to always ask for reload of the virtual money into the demo account.

Create Demo Account

High Capital Risk Is Involved In Financial Trading

Forex Club Libertex Trading Platform

Libertex Trading Platform and Mobile Trading - Binoption

By using own unique platform, Libeterex provides cutting edge trading platforms to meet clients’ needs and improve the trading experience.

Libertex achieved the Best Trading Application for 2016 in the EEU.

The platform is user friendly, intuitive, and accessible, providing you with expert trading tools to lift your trading experience whether you’re at the office, at home or on the go using your tablet or smart phone.

They are innovating and improving their platforms, releasing MetaTrader 5 on September 2018.

MetaTrader 5 is one of the most advanced trading platforms for professional and novice traders, allowing them to enhance trading experience.

Libertex App - Mobile Trading

Libertex also offers trading applications for tablets and smart phones users, both for iOS and Android.

It allows you to trade anywhere anytime, even on the go while waiting to your ride to work.

Their mobile applications are also innovative, user friendly and allowing you to keep up to date with your trading assets all time.

You can download the mobile apps free of charge, from Google Play and the App Store.

Libertex Charting and Technical Analysis Tools

Libertex Charting and trading Indicators Technical Analysis Tools - Binoption

Along with traditional charts in Libertex, there are 3 trading indicators available for technical analysis.

The charts are –

  1. Bars
  2. Candles
  3. Hollow Candles
  4. Line
  5. Area
  6. Heiken Ashi

It is up to you which one you like.

However, these 3 trading indicators are divided into sub categories.

We are going to give the list of their indicators below –

Trend:

  • Arnaud Legoux Moving Average
  • Aroon
  • Choppiness Index
  • Coppock Curve
  • Directional Movement Index
  • Double Exponential Moving Average
  • Envelope
  • Hull MA
  • Ichimoku Cloud
  • Least Squares Moving Average
  • Linear Regression Curve
  • MA Cross
  • MACD
  • Mass Index
  • Moving Average
  • Moving Average Exponential
  • Moving Average Weighted
  • Parabolic SAR
  • Price Oscillator
  • Triple EMA
  • Williams Alligator
  • ZigZag

Oscillators:

  • Awesome Oscillator
  • Balance Of Power
  • Chande Momentum Oscillator
  • Commodity Momentum Index
  • Know Sure Thing
  • Relative Strength Index
  • Relative Vigor Index
  • SMI Ergodic Indicator / Oscillator
  • Stochastic
  • Stochastic RSI
  • TRIX
  • True Strength Indicator
  • Willium %R

Volatility:

  • Average True Range
  • Bollinger Bands
  • Bollinger Bands %B
  • Bollinger Bands Width
  • Chande Kroll Stop
  • Donchian Channels
  • Keltner Channels
  • Relative Volatility Index

Several expiry times are available at Libertex and these are –

  • 1 minute
  • 5 minutes
  • 15 minutes
  • 30 minutes
  • 1 Hour
  • 4 Hours
  • 1 Day
  • 1 Week
  • 1 month
Open Live Trading Terminal

High Capital Risk Is Involved In Financial Trading

Libertex Trading Platform Overview

Training & Education

Libertex arranges training and education for their traders but from our view it is very limited for traders.

Many brokers are providing large variety of educational and training resources and webinars for their traders but in the case of Libertex, it is not satisfactory.

Check the below brokers, who are providing great and extensive educational and training resources and webinars for their traders –

1) IQ Option

2) HYCM

3) BDSWISS

In Libertex trading broker, they arrange the training through video and ebook in their 1 on 1 training session.

This training session is based on below lessons and they are –

  • General introduction to financial markets
  • Technical analysis
  • Fundamental analysis
  • Indicators
  • Trading strategies
  • Multiplier, Stop Loss
  • Chart
  • Trends
  • Support and Resistance levels
  • Money Management
  • Case Study etc

In their educational free training videos, they described couple of topics for beginner’s level.

Their educational tools are aimed to inform traders on all different market trends and analytics.

Moreover, they are providing glossary section on their trading platform such as market analysis, candle stick chart, technical analysis, trend trading, pending order etc.

Asset Index

Libertex has more than 150 assets in different categories including –.

EUR/USD, GBP/USD, USD/JPY, USD/CAD, EUR/JPY, EUR/GBP, USD/TRY, USD/ZAR, USD/SGD, AUD/USD, NZD/USD, USD/CHF etc.

AEX, CAC 40, EURO STOXX 50, DAX, DOW JONES, ITALY 40, RUSSELL 2000, HANG SENG, FTSE 100, SPAIN 35, NASDAQ 100, NIKKEI 225, S&P 500, CHINA A50, RUSSIA 50 INDEX etc.

BITCOIN, BITCOIN CASH, LITECOIN, BITCOIN GOLD, BITCOIN CASH/BITCOIN, LITECOIN/BITCOIN etc.

HEATING OIL, LIGHT SWEET CRUDE OIL, WTI CRUDE OIL, BRENT CRUDE OIL, HENRY HUB NATURAL GAS

PLATINUM, PALLADIUM, SILVER, GOLD, COPPER

ADIDAS, NIKE, COCA-COLA, INDITEX, VF CORP, NORDSTORM INC, TIFFANY & CO, FERRARI, TESLA MOTORS, DAIMLER, Mc DONALDS, EBAY, WALT DISNEY, CITY GROUP, VISA INC etc

SUGAR, COM, SOYBEAN, COFFEE, WHEAT, COCOA

Such a variety of assets enhance the trader’s scope to choose assets according to his own will and wish.

We appreciate such a variety.

Libertex: Deposit & Withdrawal

Banking is fast, safe and secured at Libertex.

Some security measures have been taken to make transaction more safe.

Thus there is no chance of leaking or losing any personal data, trade history or transaction.

Minimum deposit is only $100.

On the other, there has no minimum withdrawal requirement which is a benefit for traders.

Both can be done via Visa, Master Card, Bank Wire, Skrill, Neteller etc.

There is no fee on deposit and withdrawal.

Let us explain on withdrawal process.

Traders can withdrawal his funds using any of the above mentioned payment methods used for depositing.

In order to start the withdrawal process, simply navigate to the banking page on your account once you have logged in.

At the banking page you can select the withdrawal that you wish to make and click submit.

After verification process of your account, they strive to process your withdrawal request as soon as possible so that you can receive your funds as fast as possible.

The withdrawal process takes 2-5 business working days.

They don’t charge any fees for withdrawal.

During withdrawal, a trader has to submit his ID and other documents to confirm his identity as well as to secure the transaction.

The identity verification process of Libertex is meant to ensure that no false claims are made against your account.

Note that, the withdrawal in favor of third parties is prohibited.

Help and Support

Regarding customer support, we are little bit disappointed on Libertex and it is somehow okay.

It is because we saw that only one phone number and one email id is available in their website for customer support.

Most of the brokers provide country based, language based and department based multiple phone numbers and email id for the support.

So, it is somehow disappointing to have customer service in minimal way.

There is contact form on the website where you can ask any questions directly through the website.

Besides, live chat is an effective way to get instant help and luckily they have live chat option.

But in their live chat service flash player software is required in your system which can be another drawback for Libertex.

Because at present, web technology has been advanced and for live chat flash player is not required in latest web technology.

Libertex has a group of experts who are ready to help.

So, don’t be hesitant to seek customer support.

Advantages

The major advantages of Libertex broker are –

  • Long-standing history as a forex broker
  • Well-regulated, part of international group – Forex Club
  • No Spread, only commission
  • Progressive Trading Tools
  • Personal & Professional Support
  • Variety of tradable assets
  • Unique & simple proprietary web-based platform
  • Limited risk exposure

Drawbacks

As Libertex is a regulated broker then there is no major drawback.

Yet, it has some.

For example –

  • No choice of trading accounts and platforms
  • No MetaTrader 4 or MetaTrader 5
  • Website is not informative and user friendly
  • Scope of products/services varies across entities
  • Bid/ask spreads not transparent on Libertex (only midpoint shown)
  • Bonus varies on countries
  • Very few education materials
  • Only one customer support number and email

Moreover we don’t like their FAQ section.

It should be more resourceful and precise.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Libertex Broker does not accept traders from the following countries –

  • USA
  • Australia
  • New Zealand
  • Belgium
  • British Virgin Islands
  • Guam
  • Lebanon
  • United States Minor
  • Outlying Islands
  • Northern Mariana Islands
  • Uganda
  • Philippines
  • Sri Lanka
  • Kuwait
  • South Africa
  • Azerbaijan

Final Words

There is no doubt that Libertex is one of the most experienced broker.

As an experienced, this broker knows how to satisfy clients from different walks of life.

Thus, it has designed each and every offer, tool, product and service to fulfill client’s demand.

For these above reasons we titled them An Experienced Leader in our OptionBit Broker Review.

We believe new trader should choose this broker to secure investment and to ensure highest success.

Then, why delay, let’s play!

Posted on

AvaTrade Review: Enriched Trading Platform For Smart Traders​

Avatrade Review - Binoption

AvaTrade Review: Enriched Trading Platform For Smart Traders

AvaTrade is a Forex, Cryptocurrency, & CFD broker and enriched with knowledge, experience and technology which we are going discuss step by step in our AvaTrade Review.

A group of experts are behind of this multi-platform online broker. This trading broker is mainly interested to work with experienced traders along with new traders.

To achieve its aim, it has designed all of the services (including options, assets, accounts and customer service) with much effort and Excellencies.

Another aim of this broker is to make Forex & CFD profitable for the traders. 

Similarly, AvaTrade offers Forex, CFDs on bonds, Stocks, Indices, ETFs, Commodities, and Cryptocurrencies.

AvaTrade is committed to their traders for empowering them to invest and trade with confidence. So, the traders can enjoy their trading in an innovative and reliable environment.

You will get all trading support from this regulated broker. That is why this broker is working relentlessly around the clock.

Let us discover the speciality of this broker in the review.

AvaTrade Review - What Is Avatrade?

Avatrade Review - Binoption

High Capital Risk Is Involved In Financial Trading

From 2006, AvaTrade started its venture as a broker for Forex & CFD trading. 

It has already gained much attention from new and old traders. The platform is earned million’s trust through strict regulation, integrity and transparency.

Within a few short years, AvaTrade has expanded enormously. They have over 200,000 registered customers globally. 

Traders are executing more than two million trades a month. Meanwhile, the company’s total trading volumes surpassed $60 billion per month. However, it was established in 2006. 

The trading broker is owned by Ava Trade Ltd. The headquarter is located at Five Lamps Place, Amiens Street, Dublin 1, Dublin, Ireland. However, they have 10 offices around the world. 

AvaTrade uses Metatrader4 platform.  Traders will enjoy the trading leverage up to 400:1. This platform’s interface is very user friendly. A new trader can easily operate it.

Apart from this, the trading platform, you will find two more platforms for social trading and options trading.

Using SSL security system helps them toprotect customers’ data, trading history and transaction.

In addition, the education center is very rich. It is filled with e-book, video courses and webinars. Only registered will get access to use it.

It has a mobile application which enable you to trade with mobile device. You can also trade from the desktop. Because it uses web-based technology, so it is unnecessary to download any extra software.

Why AvaTrade?

Before making a final dicision, a new trader always tries to find out some unique and special features of a broker. 

For this reason, we usually examine a broker before writing a review on it.

AvaTrade always gives priority to their traders. For ensuring their client’s pleasant trading service, the team always works hard. 

We have got some and let us check those given in the below.

  • Trusted & Regulated broker
  • Offers Fixed Low Spread
  • Minimum deposit $100
  • Meta Trader Minimum Trade size 0.01
  • 250+ Trading Instruments
  • Up to 400:1 leverage
  • Demo Account
  • Limit and Stop Orders
  • Bonus facility
  • 1-on-1 training session with a dedicated account manager
  • 20% Welcome Bonus
  • Enriched Education Center
  • Over 20 Awards won
  • Islamic Account
  • Multiple Trading platform 
  • 24/5 help and support in 14 languages
  • Mobile Trading Facility
  • Range of automated trading platforms and EA compatibility
  • Multilingual Platform
  • Segregated accounts for secure transactions.

Regulation Information

Regulation Country - Binoption

AvaTrade is a Global regulated broker with multiple regulation. They have 6 regulatory licences across 5 continents. 

Another key point is that, Broker regulation assure a safe and secure trading environment for clients. 

The trading platform is licensed as a regulated broker in the EU, Japan, Australia, South Africa and the British Virgin Islands.

AvaTrade is regulated by the Central Bank of Ireland. Traders from Ireland can trade with this regulated broker. 

The Reference No.: C53877. 

It is a licensed investment firm compliant with the Markets in Financial Instruments Directive (MiFID).

Ava Capital Markets Australia Pty Ltd is licensed and regulated by the Australian Securities & Investments Commission (ASIC). 

The License No.: 406684.

Traders from Australia who are residence of this country can perform trade. 

Ava Trade Ltd is licensed and regulated by the British Virgin Islands Financial Services Commission .

Ava Trade Japan K.K. is licensed and regulated by the Financial Services Agency (FCA) and the Financial Futures Association of Japan (FFAJ) . 

The FCA license No: 1662.

The FFAJ license No: 1574.

The company is regulated by Japan and only traders from Japan can perform trade with this broker. 

Ava Capital Markets Pty Ltd is regulated by  South African Financial Sector Conduct Authority.

The FSCA No.: 45984. 

From 2016, they are the part of the South African Market. Traders from this country can trade with AvaTrade. 

Awards and Achievements

AvaTrade have been started their trading service since 2006. This broker received numerous  remarkable financial and technological achievements over the year.  

More over, these awards are the proof of their excellent service and success. 

Here is the list of their awards: 

From 2017-2018, AvaTrade received this awards for 

  • Best Affiliate Programme
  • Best Trading Experience

From 2011-2017, the awards is for 

  • Best Forex Broker
  • Best Broker: Most Reliable
  • Best Trading Experience

From 2014-2017, this awards is for 

  • Best Forex Broker
  • Best Bitcoin CFD Trading Provider of the year
  • Best Affiliation Programme

In 2016, AvaTrade received this awards for 

  • Best Trade Execution

From 2014-2017, the awards is for 

  • Best Affiliate Programme
  • Best Dealing Room

From 2008-2016, AvaTrade received awards for 

  • Best Financial Derivative Trading Provider
  • Best Affiliate Programme
  • Best Alert System

In 2015, the awards is for 

  • Best Forex Broker

In 2015, this awards is for 

  • Best Forex Broker

In 2013, the AvaTrade team received this awards for 

  • Most Innovative Forex Broker Europe

In 2012, they received this awards for 

  • Best FX Affiliate Programme

In 2011, Avatrade received prestigious awards for 

  • Best Execution Broker, Western Europe
  • Best Trading Platform – Global

In 2011, they received awards for 

  • Excellence Award Forex

They received awards in 2010 for 

  • Best Forex Broker

Received awards in 2009 for 

  • Best Customer Support

In 2009, AvaTrade received awards for 

  • Best Alert System

AvaTrade Login and Sign Up Process

 AvaTrade Sign-Up:

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To sign up into the trading platform traders need to put their personal information like the first name, last name, e-mail address along with the contact number.

Anyone can also sign up with Facebook or Google Plus account but we will suggest using email signup who are serious for trading.

However, you have to enter your contact number while signing up. 

Agree with the terms and conditions given by the authority of the AvaTrade to open a free account.

After opening an account, you have to fill a form with your all personal information along with password and trading platform. You have to select your base currency to finish the process.  In the next step, you have to enter your monthly income, net worth, source of money. 

A confirmation link will sent to your account with real account information. 

You will find your account credentials and also your trading platform login and server. 

Sign up now

High Capital Risk Is Involved In Financial Trading

AvaTrade Login:

The login process is really simple.

You can easily log in to the trading platform by giving your registered email address and password.

You will be then redirected to the trading platform.

Account Verification

AvaTrade is operating their trading service around the world as an authorized trading platform. 

As a result, for avoiding any unethical activity, you need to sent your legal documents to the traders.

For new users, you can upload your documents in your My Account Area.

AvaTrade do not accept mobile phone bills or any sort of letter for verification.

You need to follow some steps to upload your documents. Complete the whole process by logging into your AvaTrade account.

Step 1: Log into the AvaTrade broker’s platform.

Step 2: From the left site of the page, click on the “Upload Document” button.

Step 3: Choose the appropriate document types and upload.

Step 4: Click “Upload” and wait for the “Thank you” confirmation message.

After uploading all documents, the AvaTrade team will review and process documents within two business days. 

But, documents are usually processed within 24hours (Business days). Saturday and Sunday are not business days. 

After that, you will receive an email notification regarding the result. 

To verify your account, you have to submit these following documents.

Note: Each information that you put while opening a real account must be similar with legal documents information.

AvaTrade Demo Account

Avatrade Demo Account - Binoption

A Demo account is necessary for traders to implement their trading strategy without risking the real money. 

Except trading risk, there is no other major differences between a real account and a practice account. 

AvaTrade offers a demo account worth of $100,000 to their traders. So, you can perform trade with the virtual money. 

However, you can only use this demo account for 3 weeks or 21 days. 

You will get a real market condition in the demo account as well. 

Open a demo account

High Capital Risk Is Involved In Financial Trading

Account Types

AvaTrade offers two account types to their clients. One is Professional and another one is Retail. 

You need to meet at-least two of the following criteria to be eligible for a professional account. These are: 

  1. Sufficient trading activities like transactions, trading size, etc. in the last 12 months. 
  2. You need to have trading experience in the financial service sectors. Working in a financial sector for at least one year.  
  3. Financial instrument portfolio including cash saving and financial instruments of over €500,000.

RETAIL ACCOUNT

  • Leveraged Trading 30:1
  • Negative Balance Protection: Yes
  • Segregated Account: Yes
  • Dispute Settlement Service: Yes
  • Risk Warnings: Yes
Popular

PROFESSIONAL ACCOUNT

  • Leveraged Trading 400:1
  • Negative Balance Protection: Yes
  • Segregated Account: Yes
  • Dispute Settlement Service: No
  • Risk Warnings: No

Professional trading process is only applicable for those traders who are under EU regulation. The countries are:

(Austria, Italy, Belgium, Latvia, Bulgaria, Lithuania, Croatia, Luxembourg, Cyprus, Malta, Czech Republic, Netherlands, Denmark, Poland, Estonia, Portugal, Finland, Romania, France, Slovakia, Germany, Slovenia, Greece, Spain, Hungary, Sweden, Ireland, United Kingdom.)

AvaTrade Islamic Account

Islamic Account - Binoption

You can choose your favorite asset from a wide range of trading assets. Online trading is open for 24 Hours. 

However, traders from Islamic Account can not hold their position more than 24 hours.  So, you can perform day trading. 

The Islamic Account is similar to all other account with one key difference. The difference is that Finance Investors who performs trade with this account will not involve with any other fees or interest. 

Especially, the Sharia Law for Muslims forbids any transaction involved with interest. AvaTrade offers Islamic Halal trading of Gold and Silver. 

You can also trade oil without any positive and negative swaps. To trade Indices, traders need to pay only the bid-ask price. 

Moreover, Forex Islamic Account also follows full line of Islamic rules. Traders will not be charged any swap fees. 

Cryptocurrency trading and trading with certain FX instruments (ZAR, TRY, RUB, MXN pairs) are not available for Islamic Account.  For FX pairs, this account charges a higher spread comparatively others. 

MAM Account

Multi Account Manager or MAM account allows traders to execute block trades. 

You can use unlimited number of clients sub-accounts, all from the Meta Trader 4 terminal. 

For this reason, traders from MAM account will get extra benefits.

MAM Account Features & Benefits: 

  • Place block orders from a master account
  • Compatible with EAs (Expert Advisers) and automated strategies
  • Place orders for an unlimited number of client accounts
  • Create multiple trading sub-groups for a variety of strategies
  • Multiple allocation types, including balance, lot, percentage and equity
  • Trading on account level with partial close option (also on account level)
  • Client allocations starting at just 0.01 lots
  • Utilize all MT4 order types: stops, limits, trailing stops, close all, etc.

MAM account is not available for traders under EU regulation. 

AvaTrade Trading Platform

Avatrade Trading Platform - Binoption

There are 7 different trading platforms available at AvaTrade.

Each platform has been designed to fulfill clients’ needs and demands.

All these facilities are lucrative and extremely useful especially for new traders.

However, these platforms are –

AvaTrade Go is an innovative trading platform for visionary traders.  It is easy to use. 

You will get a sophisticated dashboard with all management tools, charts, and many more unique features in this trading app. 

You can trade more than 250 trading instruments. Traders can create your own watch list, can view live prices, and charts.  

MT4 trading platform is the most powerful platform in the world. 

To start your live account with Meta Trader 4 platform, you have to deposit a minimum amount of $100. 

The trading platform will display you multiple trading time frames, technical indicators, and others. 

There are also some other benefits like 

  • Flexible and fast trading platform
  • Trading signals from top providers
  • Expert advisers for algorithmic trading
  • Global accessibility from PC, web & mobile

Automated trading platform enables traders to do copy trading or mirror trading. 

A trader can copy signals, trading strategies, others from experienced traders. 

AvaTrade accept two automated trading platform. You can enjoy expert advisors trading bot for MT4. 

  • DupliTrade is a MT4 compatible trading platform. It allows traders to automatically duplicate experience trader’s signals and strategies in real time. The registration process is easy. The minimum deposit amount is $2,000. 

  • ZuluTrade is the most popular auto trading platform. It is a simple trading platform. You will find  risk management and strategy tools. The minimum deposit amount is $500.

Trade FX and Options in AvaOptions platform. Historical data will show you past trading and market history. 

You will get updated about risk and rewards with the help of profit and loss chart. 

You can trade more than 40 currency pairs. It will give you a total control over your portfolio. 

The trading interface is fully customisable. Traders will get a support from professional money managers.   

You can trade forex, commodities, stocks, indices and ETFs from any MAC devices using the popular trading platform of MT4. 

The other benefits are: 

  • Trade forex, commodities, indices, stocks & ETFs with up to 400:1 leverage
  • Full range of order types, including pending orders & trailing stops
  • Use automated trading strategies with full EA compatibility
  • Multiple charting options and more than 30 different analytical tools

AvaTrade Web Trading

AvaTrade web trading gives you an opportunity to trade directly from the website. You can trade from your favorite trading platform without download it on your device. 

In fact, the web-based version of Meta Trader 4 will give you an unparalleled feature-set with a customization user interface. Other features are: 

  • Instant trading, Pending and Stop orders
  • ‘One-Click’ Trading
  • Multiple charting options
  • Wide range of Analytical Tools and Overlays
  • 41 Languages
  • Supported across Chrome, IE and Firefox

To enjoy a powerful trading platform, you can enjoy AvaOptions Web Trading. The features are: 

  • Manage spot and options trading in one account
  • Options on over 40 currency pairs, gold and silver
  • Powerful risk management tool
  • Trading is available 24/5
  • Practice trading on a demo account

AvaTrade App

Avatrade App For Mobile Trading - Binoption

Either you are in home or any business trip, AvaTradeGo app is always with you. 

You can download AvaTrade trading platform to your mobile device or tablet. 

Trade Forex from your smartphones and tablet, whenever you wants. 

In addition, you can download this trading app in your Android device and in your iOS device. 

Traders will get facility to check real-time quotes of financial instruments. You can check your detailed trading history from the mobile platform. 

Benefits of trading with Mobile device are: 

  • Stay informed with real-time feeds & social trends directly to your phone.
  • Trade easily with a user-friendly, advanced and intuitive homescreen.
  • Zoom in for details and manage varied charts and advanced features.
  • Guidance for various trading services until fully mastering the ap
  • Open and manage several MT4 accounts on the same control panel.

Order Types

Order Types For Trading - Binoption

4 types of orders are available at AvaTrade. These are –

  1. Market Orders
  2. Limit and Stop Orders
  3. Entry Orders
  4. One Cancels the Other Orders

Trading Hours are below –

  1. Opening (Sunday 21.00 GMT)
  2. Closing (Friday 21.00 GMT)

Trading Assets

In AvaTrade, near 250+ assets are available to trade.

At the same time, it is a great privilege to have such a large number of assets.

AvaTrade definitely increases the chance of working with favorite and popular company.

However, these assets are scattered in multiple groups.

Such as –

  • Forex
  • CFD Trading
  • Stocks
  • Bitcoin
  • Gold and Metals
  • Oil and Energies
  • ETF Trading
  • Treasuries
  • Indices
  • Litecoin
  • Agriculturals

AvaTrade Crypto

Avatrade Cryptocurrency Trading - Binoption

Trading cryptocurrency with this global regulated broker is now safe and secure. 

You can trade with all top-ranked digital coins in 24/7. You can start your investment with a minimum amount of $100. 

Traders will enjoy a competitive swap rates in the AvaTrade platform. 

You can go short a crypto and can earn profit while price drops. There are other advantages like: 

  • Zero risk of wallet hacking or theft
  • Up to 20:1 leverage
  • Around-the-clock service and support in 14 languages
  • Live quotes and charts for your reference
  • Trade Forex and Cryptos on the same Powerful MT4 Platform
  • Seize market opportunities on the go with the AvaTradeGO app

Under the ESMA regulation, this trading broker offers following cryptocurrency leverages: 

  • ETHEREUM 2:1
  • BTCUSD 2:1
  • BTCEUR 2:1
  • BTCJPY 2:1
  • BITCOIN CASH 2:1
  • LITECOIN 2:1
  • RIPPLE 2:1
  • BITCOIN GOLD 2:1

AvaTrade Bonus

Avatrade Bonus - Binoption

For new customers, AvaTrade offers welcome bonuses. For a funded account holder, you need to contact with your account manager to check the eligibility. 

To get the welcome bonus, your account need to be funded and verified. 

Traders need to execute a minimum trade volume of 10,000 in order to withdraw bonus. 

You have to execute this volume within six months for every $1 bonus. If you failed to trade the required amount within the given time frame, your bonus will be cancelled.  

  1.  For 250-499, you will get bonus of $75. 
  2. For 500-1,999, you will get bonus of $150. 
  3. For 2,000-9,999, you will get bonus of $250. 
  4. For 10,000 and up, you will get bonus of $400. 

AvaTrade Fees

AvaTrade spreads calculation depends on the particular asset types. However, the spread is fixed in this trading platform. 

Traders have to give inactivity fees if they are not active in the platform consecutively 3 months. 

The fee will be deducted from the value of the customer’s trading account. The inactive fee is $50. 

After 12 consecutive months for being inactive, traders will be charges of $100 from their trading account balance. This fee is known as administration fee. 

AvaTrade Education Centre

Education And Tutorial - Binoption

AvaTrade is providing a rich educational resources educate and enrich trader’s knowledge. They also offers training to make their client’s confident and to expand their trading horizon. 

In the blog section, traders will find daily updated market news. AvaTrade divided the educational materials in four different parts. These are: 

  • Trading for Beginners
  • Economic Indicators
  • Trading Video Tutorials
  • Forex e-book

The beginners section will give traders a clear idea on Forex and CFD trading. Eventually, you can also know about the market analysis and trading instruments from this section. 

Economic indicators offers sophisticated information on countries economic activities. For this reason, you will also get to know about varies types of indicators and their usage. 

A wide range of video tutorials will provide enough information regarding trading and different trading tools. It will help you to give basic ideas on trading platforms as well. 

Enhance your trading knowledge with the help of Forex E-books. You have to register yourself to get Free Forex ebook. 

Sharp Trader is an educational website offered by AvaTrader. You will get everything that you need to perform your day to day trading. This platform allows traders to monitor their trading progress and training. You will also get: 

  • Videos reviewing a wide range of topics for all levels of trading knowledge.
  • Daily Technical and Fundamental Analysis by AvaTrade’s top team of market analysts.
  • Analytical Videos.
  • Trading Tools –including economic calendar, trading platforms, trading calculators and more.

AvaTrade Deposit & Withdrawal

Deposit and Withdrawal are simple, fast and hassle free.

The minimum deposit is $100 and minimum withdrawal also $100, and during withdrawal verification is required.

Both can be done through various mainstream banking channel including Visa, Master Card, JCB, Bank Wire etc. Currently AvaTrade does not offer Paypal. 

You can choose e-payments like Skrill, WebMoney, Boleto, and Neteller which are safe and secure. 

Withdrawal is if free of charge. You must withdraw up to 200% of your deposit to your credit/debit card. After that, you can use another method to withdraw money. 

An AvaTrade client can apply for Ava Debit Master Card and it takes up to 28 days to receive.

It takes 24  hours to process the withdrawal request. However, 

  • For E-wallets it may take 1 day.
  • For Credit/Debit cards it may take up to 5 business days
  • For wire transfers it may take up to 7- 10 business days.

Customer Service

AvaTrade provides excellent customer service.

We have checked their customer support and found it proactive, cordial and immediate. Support is available in different formats (like e-mail, phone, live chat etc.) with multiple languages. All these services are available 24/5.

They have 11 regional offices and they are in Ireland, Italy, Japan, China, France, Australia, Mongolia, Nigeria, Spain, Chile and South Africa.

They operate AvaTrade Monday through Friday between 09:00 am GMT until 01:00 am GMT in English.

We do have Service Representatives native in additional languages (Spanish, French, Italian, Arabic, Russian, Portuguese and German) who are on call between 11:00 am GMT – 07:00 pm GMT.

You can even seek experts’ help using the above-mentioned services and will get an immediate reply.

This broker has a group of experts ready to help and answer any query of the clients. We usually prefer to live chat. You should try it if there is any need for help.

Data Security

It is safe to work with AvaTrade because this broker is regulated and secure. This broker is very caring to secure client’s data, trading history and transaction.

Though, it uses the internationally recognized 256-bit SSL security systems which encrypt data and prevent it from leaking or loosing.

However, AvaTrade is PCI compliant. It means this broker does not hold client’s credit card information.

Embedded True-Site identity assurance seal Ava is Web Trust compliant, as determined by the American Institute of Certified Public Accountants. Ava uses McAfee Secure (HackerSafe) to prevent credit card fraud and identity theft.

All client money is segregated from Ava Trade business funds.

AvaTrade Advantage

The primary advantage of this trading broker is regulation. Being a regulated broker, it offers safety to its traders. 

The multiple trading platform makes trading flexible and convenient. 

You can perform trade from anywhere with the help of the mobile trading app. 

Traders will enjoy the lowest spreads compare to other broker’s platform. 

A wide range of educational resources will help traders to know more about trading assets and other trading instruments. 

AvaTrade Drawbacks

The major drawback of this trading broker is the shortest time of demo account facility. Traders can not enjoy the practice account more than 21 days. 

The minimum deposit amount is a higher than other brokers. 

This broker doesn’t accept USA traders for regulatory reason.

Final Words

Finally, from our observation and research in this Avatrade Review, we can say that AvaTrade is not a scam broker.

The trading platform is running for a long time and received a lot for prestigious awards. 

AvaTrade is one of the best platforms in Forex & CFD trading along with other asset’s classes. 

It will be a pleasure to work with this broker. As its intention is to guide traders towards success then it is a great chance to work with it.

Let’s start a safety safe trading with this globally regulated broker. 

Posted on

Fortrade Broker Review: Reliable & Secured Trading Platform

Fortrade Broker - Binoption
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Overall Rating
4 Binoption Fortrade
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Fortrade Broker Review: Reliable & Secured Trading Platform

In our Fortrade Broker Review we are going to explain why it is reliable and one of the most secured Forex & CFD trading platform for any traders.

Fortrade is a leading provider of online forex, commodity and stock trading for both beginner and seasoned traders.

The company delivers extremely fast trade executions through its cross-platform technology and intuitive.

Their easy-to-use graphical user interface, allowing immediate access to 100’s of tradable instruments from the world’s leading financial markets.

Fortrade is authorized and regulated to operate brokerage services by the Financial Conduct Authority (FCA), the regulator of the financial services industry in the United Kingdom.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Fortrade Broker does not accept traders from the following countries –

  • Afghanistan
  • Algeria
  • Algeria
  • Australia
  • Burundi
  • Cambodia
  • Canada
  • Central African Republic
  • Congo Republic
  • Cuba
  • Democratic Republic of the Congo
  • Eritrea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Hong Kong
  • Iran
  • Iraq
  • Israel
  • Japan
  • Korea (North)
  • Laos
  • Liberia
  • Libya
  • Myanmar
  • Panama
  • Papua New Guinea
  • Puerto Rico
  • Singapore
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • Tajikistan
  • Turkmenistan
  • Uganda
  • United States
  • Uzbekistan
  • Venezuela
  • Yemen
  • Zimbabwe
  • US Dependencies including: American Samoa/Guam/Northern Mariana Is/Puerto Rico/US Minor Outlying Islands/US Virgin.

Fortrade Broker Review

Fortrade Broker - Binoption

High Capital Risk Is Involved In Financial Trading

Fortrade is owned and operated by Fortrade Ltd.

Their postal address is Michelin House, 81 Fulham Road, London, SW3 6RD, United Kingdom.

It was established in 2013, and has grown rapidly to become a premier provider of products, services and platforms for online foreign exchange and CFD trading.

Based in London, the company specializes in the development of trading platforms that are both technologically advanced and user-friendly.

Focusing on user experience and simple usability, Fortrade offers a wide range of trading instruments, such as more than 300 currencies, commodities, indices, ETFs, stock CFDs and more.

It has operations in over 250 countries worldwide.

Fortrade’s financial statements are audited by Fisher Sassoon and Marks – one of UK’s specialist financial services accounting firms.

Why Fortrade?

It is very common question for any traders that why they will choose this platform?

For them we got some strong points during research of Fortrade Broker Review.

The broker’s strong points include:

  • 30% Welcome Bonus (up to £3,000 on initial deposit)
  • Regulated by the FCA
  • Minimum deposit of only £100
  • Maximum Leverage 200:1
  • Over 300 tradable instruments
  • Easy-to-use platform;
  • Desktop, Web and Mobile Trading Platform
  • Available in multiple languages
  • MT4 Platform
  • Demo Account
  • No time limitation for practicing demo account
  • Segregated Accounts
  • Resourceful Education Material
  • Available customer support

Account Types

In order to differentiate themselves from other brokers and to simplify matters, Fortrade only offer one type of trading account.

Traders can open a real trading account with an initial deposit of only £100.

However, the recommended minimum initial deposit is £500.

When opening an account traders are automatically provided a demo account, with the same functions as the live account, and a balance of £10,000 virtual funds for practicing trading in a risk-free environment.

Commissions and Spreads

The company does not charge any commission fee on trades, including on forex, CFDs, stocks and futures.

Spreads are based on the difference between the bid and ask prices of tradable products.

And typically range from 3 pips for forex; 0.1 pips and 0.5 pips over market for global indices and stocks, respectively; and $0.04 over market for leading commodities such as Crude and Gold.

Trading Platforms

Fortrade uses its in-house software to provide clients the ability to open trades and manage their portfolios at any time and from anywhere in the world.

It has 3 types of powerful trading platforms: Desktop, Web and Mobile.

Fortrade can be accessed from virtually with all operating systems and hand held devices.

Fortrade also delivers direct access to Meta Trader 4, one of the world’s most widely-used multi-asset trading platforms.

Fortrade Information

Broker Name BFortrade LTD
Regulations FCA
Minimum Deposit $100
MT4 Yes
Account type Standard
CMargin call level % 50%
Minimum position 1k for FX / 1 unit for CFD
Stop-out level % 20%
Isolated margin N/A
Swap-free account Yes
VIP account Yes
Commission $ No commission
Digits after dot 5
Trading by phone No
Scalping Allowed
Expert advisors Allowed
Forex Brokerage
Payment options: Wire, Credit card, Skrill, Neteller, Webmoney and more
Currency pairs: Majors, Minors, Crosses, Exotics, Digital
Support methods: Email, Livechat, Phone
Trading instruments: Currencies, Indices, Metals, Stocks, Commodities, US Treasuries, ETFs
PAMM: Yes
Phone trading: Yes (mobile trading app)
Trading terminal time zone: GMT
VPS for traders: No
CS Skype: Only Email, Phone and Live chat
Additional information: Unique trading platform, 30% Bonus

MT4 Platform

Trade on the global Forex markets on your PC or Mac.

Streaming 100s of real-time charts and stock quotes, the platform’s wide range of chart indicators, oscillators and EA strategies, the automated desktop station supports all of your trading needs and much more.

Desktop Fortrader

A downloadable version of Fortrade’s cross-platform trading system, Desktop Fortrader provides a powerful trading solution for traders of all abilities.

This platform is providing super fast and real time performance including 150 tradable products and trading tools.

Basically this Desktop Fortraders is preferred by professional traders and institutional traders.

Web Fortrader

A fully online version of Fortrader, the Web Fortrader can be accessed from any Internet-capable computer or device like Laptop, Mobile, and Tablet etc.

It contains all the advanced trading features, visualizations, tools and capabilities found in the Desktop Fortrader.

Mobile Fortrader

This platform is fast and reliable online mobile trading application and it is available for both Android and Apple.

Traders can use it to get updates on market events and to open trades in a quick and effective manner from their phone or tablet – immediately as the action happens.

Fortrade Trading Platform Screenshot

Fortrade Trading Platform - Binoption
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High Capital Risk Is Involved In Financial Trading

Deposits and Withdrawals

Fortrade offers multiple methods to deposit and withdraw funds, while taking special care to ensure clients’ funds are safe, reliable, and secure at all times.

The trading platform is using SSL encryption to provide data confidentiality and all online transactions are carried out in compliance with Payment Card Industry Data Security Standard (PCIDSS).

It is possible to make a deposit and withdraw funds using credit cards, bank wire transfers, Neteller, Skrill and other e-wallets.

The withdrawal process takes up to 7 business working days after the withdrawal request.

Regulations and Safety

Fortrade is registered through the Financial Conduct Authority (FCA), Firm Reference Number (FRN): 609970.

Check the profile of their regulation from here .

It is committed to upholding the highest standards for clients.

The company subscribes to the FCA’s Treating Customers Fairly (TCF) which ensures businesses place the fair treatment of customers at the heart of their business model.

Client money is held in segregated bank accounts at Barclays Bank PLC, this ensures that in the unlikely event of Fortrade becoming insolvent, fund shield in the subaccounts will be protected from the creditors of Fortrade.

Leverage

Leverage is the ability to trade a large number of securities with a small investment.

At Fortrade the maximum leverage is 200:1.

Sign Up Bonuses

Fortrade offers a generous sign up bonus and other bonus offers.

When a new trader makes their first deposit into his/her trading account, they will be awarded a 30% Welcome Bonus of up to £3,000. (Subject to terms and conditions)

Education

After analyzing we got very resourceful training material in their website.

They created 5 sections in their Academy section and they are –

  • FX & CFD eBooks
  • Beginner’s Trading Courses
  • Advanced Trading Courses
  • Trading Videos
  • Top Trading Strategies

Moreover every section has been categorized in multiple subsections where many trading related information are available.

Customer Support

Fortrade’s support representatives are available via email 24 hours a day; 6 days a week and Live Chat support is available 24/5.

For general inquiries you can send mail to [email protected] and for any technical or other support this email address ([email protected]) is available.

Customer Support is offered in 6 languages: English, Spanish, Italian, German, French and Portuguese, but the website and trading platform are available in 8 languages.
Those are the languages supported at current.

Additional languages are being added from time to time.

Drawbacks

We all know that no one can perform 100% all the times.

Same as we also found some drawbacks of Fortrade Broker in our review.

They are –

  • USA traders are not allowed.
  • Spreads are higher.
  • Some traders like multiple account types where some are not; they have only one account type.
  • They do not provide any trading signal.

Except the above issues, this broker should be acceptable for any traders for their helpful features, regulation, support etc.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Fortrade Broker does not accept traders from the following countries –

  • Afghanistan
  • Algeria
  • Algeria
  • Australia
  • Burundi
  • Cambodia
  • Canada
  • Central African Republic
  • Congo Republic
  • Cuba
  • Democratic Republic of the Congo
  • Eritrea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Hong Kong
  • Iran
  • Iraq
  • Israel
  • Japan
  • Korea (North)
  • Laos
  • Liberia
  • Libya
  • Myanmar
  • Panama
  • Papua New Guinea
  • Puerto Rico
  • Singapore
  • Somalia
  • South Sudan
  • Sudan
  • Syria
  • Tajikistan
  • Turkmenistan
  • Uganda
  • United States
  • Uzbekistan
  • Venezuela
  • Yemen
  • Zimbabwe
  • US Dependencies including: American Samoa/Guam/Northern Mariana Is/Puerto Rico/US Minor Outlying Islands/US Virgin.

Conclusion

If traders are still with us, then all of you already realized, why we entitled this broker “Reliable and Secured Trading Platform” in our Fortrade Broker Review.

Yes, this broker is maintaining high security and regulation for their fellow traders.

For this reason, any traders or investors should be relaxed about the financial safety.

After all the research we reached this conclusion that, any serious traders should keep Fortrade in their trading platform / broker list.

So, let’s start the game with Fortrade Broker

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ZuluTrade Review: Perfect Social Network For Copy Traders

ZuluTrade Review - Binoption
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Overall Rating
4.5 Binoption ZuluTrade
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ZuluTrade Review: Perfect Social Network For Copy Traders

Our in-depth ZuluTrade review will help traders to understand the trading platform along with its unique features. 

ZuluTrade offers Forex, CFDs, and Cryptocurrency to its traders. However, they are not supported binary options trading through their platform. 

This Automated Social and Copy Trading Platform gives opportunity to less skilled and new traders to meet their goals.

After opening an account with ZuluTrade successfully, you will able to follow professional traders. 

Especially, the cross platform application will allow you to monitor trade from any types of mobile device. 

Moreover, your investment amount is protected by the help of ZuluGurd.

The system will consider this movement and will copy trades as if it was clients’ own, network’s total profits will grow.

Their specialized services and expert customer-care support are the other reasons they are top in this industry.

We have designed each phase of this review with necessary information regarding this broker. 

We are encouraging you to read through the last to know a few major points like special benefits for traders, trading platform, deposit methods, process of withdrawal finds, and so on.

ZuluTrade Review - What is ZuluTrade

ZuluTrade Review - Binoption

High Capital Risk Is Involved In Financial Trading

In 2007, ZuluTrade was founded by Leon Yohai. He actually created this web-based platform that could audit traders globally.

Traders who are knowledgeable can share their trading strategies to other traders via ZuluTrade platform.

The main concept of ZuluTrade is to create an open environment, where traders on a global-level connect with each other and share their knowledge. 

Irrespective how well-versed or new you are to the Forex trading, it gives a path for them to survive through investing safely.

Professional and specialized trades will bring their hands together to hand-hold and plan the investment of new and inexperienced ones.

ZuluTrade is a regulated and licensed broker in EU and Japan.

In 2017, ZuluTrade has joined with Formax Group which provides all-around financial services.

The trading platform offers a wide range of trading tools for their traders.

It creates ranks based on their ROI and risk behavior. It worked as a bridge between trade execution and valuable information in the money market.

You can pick a regulated broker from the list which is given to their website. More than 50 brokers are connected with ZuluTrade.

Most importantly, you don’t need to monitor the market place. Because hundreds of traders around the world will do it for you.

Working process of ZuluTrade is quite different from other brokers. Traders mainly use the trading platform to create a trade. Performing trade can also be done by MT4 trading platform or station.

After that, ZuluTrade captures those trade immediately and checked how many Live accounts are subscribed under each trade. 

Finally, ZuluTrade submits those trades under the supported brokerage firms. It takes a few seconds to complete the whole process.

Why ZuluTrade

Many traders’ crash and burn money by trying various ways to survive in the field. But as doubts start filling their minds; slowly they will choose to give up altogether.

On the flip side some trader will still try to hold onto to it even being stressed and weathered hoping to see light at the end of the tunnel someday.

It is true that there should be lot of patience for every trader out there but there is no guarantee that the result will be positive for those who wait.

This is exactly when the service on ZuluTrade Social Trading platform plays a crucial role.

Below are the reasons, traders can choose ZuluTrade as their trading platform –

  • Regulated social broker
  • Minimum deposit depends on the broker
  • Maximum Leverage 1000:1
  • 2 Account types
  • 7 Base currency
  • A wide range of trading instruments
  • Demo account facilities
  • Available mobile trading
  • Available Forum
  • Automated trading
  • Protect your account with ZuluGuard
  • Variety of trading signal providers
  • Variety of trading tools
  • Available MT4 and ZTP trading platform
  • Social trading chart
  • Video Tutorials
  • 24 supported languages
  • Multiple C trading options
  • Offers various institutional account types
  • Connected with more than 50 brokers
  • The dedicated customer service team

Regulation & License

Regulation Information-Binoption

ZuluTrade is a regulated copy trading platform.

Regulated broker helps us to protect traders money from being scammed.

ZuluTrade is EU Regulated (Licence # 2/540/17.2.2010) as well as regulated in Japan by FSA through its Affiliated Partner Excite One Co., Ltd. 

Type I Financial Instruments Business, Investment Advice

Agency Business: Kanto Finance Director (Kinsho) No. 245.

ZuluTrade Login And SignUp

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Traders can join with ZuluTrade by signing up with a Free Account. You can create a real money account or a demo account.

However, anyone can switch into a real account from practice account by depositing a minimum amount.

The deposit amount depends on your selected broker.

Sign Up:

You will get the register button after opening their homepage. After clicking the button, you will get a form. 

Firstly, traders need to fill the form with personal details like first name, last name email address, password, and contact number. 

It is possible to create an account by using social media Id like Facebook and Google. 

Secondly, you have to select an account types in between 2; demo account and real account. 

Click “Create Account” after accepting terms and conditions  along with privacy policy of ZuluTrade. 

An activation link will sent to your email. 

Click to that link and you will successfully open an account with ZuluTrade. 

Finally, you have to select an account types along with supported broker to complete the registration process. 

ZuluTrade Log in:

Enter your registered credential like email address and password to complete the login process. 

You can also log into your account by using your social media account like Facebook and Google. 

SIGN UP USING EMAIL

High Capital Risk Is Involved In Financial Trading

ZuluTrade Demo Account

Zulutrade Demo Account - Binoption

Demo Trading opens an opportunity to practice their trading before investing money into the real account. 

As a result, traders can enjoy a full real trading environment without any risk of loosing money.

ZuluTrade offers a demo account to its traders. You can open a demo account by giving your personal details, email and password. 

The worth of practice account is up to $10 million. You can select the preferable amount from the list or can enter custom amount.

Demo account features are different from other broker’s demo platform. 

After opening a demo account, you will be asked to choose an account types from their list. 

At the same time, it is necessary to choose your base currency, demo account balance, and leverage amount. The leverage level ranges starts from 1:1 to 1000:1. 

In fact, you can adjust your risk meter according to your risk taking capability. 

Open Demo Account

High Capital Risk Is Involved In Financial Trading

Account Types

Trading Account Types - Binoption

There are two types of Live accounts offers by ZuluTrade. Each type of account has its own unique trading features. 

In the demo account platform, you will find an option from where you can open a live account. 

To complete the process, traders need to select supported broker platform along with the account types. 

After selecting a broker, you will be asked if you have an account with them or not. You will be redirected to the broker’s page and need to fill necessary information. 

Finally, It takes near about 2 to 3 days to complete the whole process. 

The minimum deposit amount depends on the broker. However, for most of the broker it starts from $300. 

Remember that you account balance must have $100, to get connected with ZuluTrade platform.

Classic account is recommended for traders .who are advanced or professional in the trading field. You can trade both manually and copy-trade in Classic account. 

In order to start trading, traders have to to connect with ZuluTrade platform or MT4 platform. 

In addition to creating a traders’ portfolio, you will need to customize your portfolio settings. 

It offers standard volume based commission to traders. 

Profit Sharing account is especially designed for beginner traders. As a result, it is easy to perform trade by setting your capital protection account.

Traders only able to use this account in ZuluTrade trading platform.

In a profit-sharing account, you will share profit with them from whom you copied.

You will be charged of 20% performance fee for every profitable month. In case of negative monthly PnL,  no performance fee will be charged. 

CHOOSE YOUR ACCOUNT TYPE

High Capital Risk Is Involved In Financial Trading

ZuluTrade Trading Platform

Zulutrade Trading Platform - Binoption

You can perform trade by using their own proprietary trading platform or Meta Trader 4 platform. 

However, profit sharing account is not available in Meta Trader 4 platform. 

This social trading platform incorporated with more than 50 brokers which are regulated by different regulatory body.

From the below chart, you will get an idea about both of these trading platforms and its unique features. 

ZuluTrade Platform

  • Full fledged trading station
  • Technical charts and indicators
  • Customized scripts and indicators
  • Web-Based platform
  • Over 7 base currencies
  • Configure your own algorithm
Popular

Meta Trader 4

  • Full fledged trading station
  • Over 50 brokers supported
  • Trade from own customized program
  • Downloadable platform
  • Demo account supported
  • Access VPS via any browser

The trading platform is quite different from any other broker’s trading platform. 

You will find a financial information like equity amount, margin, free margin, and PNL at the middle of the traders account homepage. The financial information is updated in real time. So, traders need to have control over their funds. 

From the account dashboard, you can view and manage your entire portfolio data of traders. 

In the account menu option, you will find a list from where you can choose your necessary tabs. 

Traders menu is available at the top of the page. After opening the traders page you can explore a list of all available traders. You can also overview not only the name, but also their overall performance. 

To filter the traders according to the criteria, you can used the advanced options. You can overview their overall performance with the help of statistics data and graphs. 

By clicking in the “follow traders” button, you can add new traders to your portfolio. 

Account tabs will help you to add or remove your personal information. You can earn a standard amount of commission for each trade that they have made.  

GET THE ZULUTRADE TRADING PLATFORM

High Capital Risk Is Involved In Financial Trading

ZuluTrade Broker

ZuluTrade Brokers-Binoption

While opening a real account, you will get a list of more than 50 brokers. 

If the broker account is compatible with MT4 platform, you can confirm whether your account is properly linked with your broker or not. 

You can connected automatically connected with upon activation if your broker account is not compatible with MT4 platform. 

As we mentioned before, to get connected with ZuluTrade, it is necessary to have a minimum amount of $100 in your account.

It will take only 1 day to open a new account if you already had an account with them. 

You don’t require duplicate proof of records. However, it is possible to log into the platform using new account number.

Forex Signal

ZuluTrade has been proved to help traders at all times irrespective of their level to maximize profits with minimal risks.

There is limit for risk acceptance for each trader who enters this field, this will be gauge by the expert traders and according portfolio is created to balance risk through investment in different industries.

Thus, there is no excuse for newbies to start making profits immediately entering this field.

Most top-notch traders will make sure to stay in the trade by being calm and observing smart strategies amid highs and lows.

Until date, ZuluTrade is the one and only platform that offers Forex traders an opportunity to turn to be gurus in the trades.

By being a guru, they will get incentive to partake in the trading network and it is in the form of credits and awards that the platform has set up.

Profits will increase as one becomes Guru Trader with the help of followers.

The confidence of the trader goes notch higher, driving them to make profitable moves than ever-before.

These are the reasons why it is said ZuluTrade offers win-win situation to all and by this it makes sure new traders will tips from specialists while specialists get chance to make extra earning by just sharing knowledge.

GET FREE FOREX SIGNALS

High Capital Risk Is Involved In Financial Trading

ZuluTrade Automator - Automated Forex And CryptoCurrency Trading

Automated Trading-Binoption

Performing Forex and Cryptocurrency trading via Automator is available in ZuluTrade. ZuluTrade automator will work as your personal assistance. 

The major advantages of crypto traders is that they can copy experienced crypto traders around the globe. To reduce the commission, traders can open profit-sharing account and auto-trade the major virtual coins.   

It can monitor and notify the traders when things happen or automatically execute any action, either traders can do by themselves.

Additionally, you can create and execute your own automated rules.

So, using this “if I could do this when that happens” logic, traders can create and execute their own automated rules.

A few typical examples are:

  • If PnL from Trader X is less than $1,000 then send me a notification email and lock all trades
  • If realized PnL of my account is more than $1,000 then close all profitable trades
  • If number of open trades by any Trader is greater than 50 then stop receiving new trades from Traders

The possibilities are endless, and traders can create the rules to match their own trading needs!

GET ACCESS TO ZULUTRADE AUTOMATOR

High Capital Risk Is Involved In Financial Trading

ZuluTrade Social Trading Chart

Zulutrade-Social Trading Chart - Binoption

ZuluTrade social chart is the place where traders and investors can communicate, share their comments and insights, and many more. 

In Social Chart section, traders will get events where it provides all social activity between ZuluTrade Users – profitable trades closed, comments and replies.

And you can also reply and like the comments of fellow users.

Then clicking on the trades or comments icon, traders will get details for the relevant trades and comments.

In the filter chart events, traders can select what events should be displayed in chart or by using the top hash tags traders can view all events of a currency pair.

From the Trading Mode Option traders can switch to the technical charts with custom indicators, objects and scripting ability.

START SOCIAL TRADING

High Capital Risk Is Involved In Financial Trading

Forex Calendar And Tools

Forex Calendar-Binoption

A real time economic calendar helps traders to get updated all financial events and indicators all over the world.

It automatically update when new trading data release.

Even traders can filter economic events by selecting currency, impact and date.

In Forex Tools features, 4 tools / calculators are available for traders and they are –

  • Pip Calculator
  • Margin Calculator
  • Profit Calculator
  • Currency Converter

These all tools are free market research tools. 

Another, powerful tools on ZuluTrade platform is Profit Simulation. 

This powerful tool allows you to test the Traders’ performance against different settings from your account.

It basically calculates the potential profit your account could have with trades of specific Traders, executed under different parameters.

Many successful traders are using this tool for getting success in trade.

Open Free Account and Start Simulation

High Capital Risk Is Involved In Financial Trading

Advantages And Disadvantages

Broker Advantages-Binoption

This professional and user-friendly trading platform proves that it belongs to experts and newbie traders will be benefited by copying and following the experts.

The investigation done on ZuluTrade platform helped us to conclude that this platform is a genuine.

It ensures that the client does not lose their track while they are in the edge of making money.

From bad traders and avoid losses, ZuluGuard protects the account.

As well as a click on ‘Start copying’ will take the trader through steps to follow for copying professional traders.

It was found that these steps are easy to follow and complete.

A very limited amount of information is one of the major disadvantages of this copy trading platform. 

They can add more information regarding their platform in their websites. Moreover, available information is hard to find on their website. 

Adding more regulated and reputed broker can help them to get more clients.

Customer Support

A dedicated customer support team is always there to help traders. 

You can communicate with them in 11 languages. The customer support team is available 24/5 from Sunday to Friday. 

The FAQ and User Guide section is very accessible and easy to understand, many novice traders have found this information helpful as and when they get stuck.

Even sending feedback is possible via email. 

In addition, they have call centers set up in the U.K, Germany, Russia, Spain, Greece, Mexico, Colombia, Japan, China, and Australia.

Last Words

ZuluTrade is always there at just the reach of traders to overcome negative probabilities and to reap generous rewards for success.

It is recommended to create an account to start enjoying the quality service and benefits.

They even have presentation videos to demonstrate the basics of the service and ways to use it effectively.

Make use of these informative ZuluTrade Reviews before trading Forex, Crypto Currency.

Invest money in safe sites to start reaping benefits for your efforts and to earn handful profits.

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eToro Review: Best Social And Copy Trading Platform App

EToro Review Social Trading - Binoption

eToro Review: Best Social And Copy Trading Platform App

An authentic eToro Review will help you to know about this Social and Copy Trading Platform. eToro connects one trader with millions of traders from various parts of the world.  

Anyone can trade and invest in top Stocks, Currencies, ETFs, Indices, and Commodities (CFDs). You can explore your Cryptocurrency trading experience via this platform. 

eToro is a leading trading platform with more than 4 million customers who can tap the world’s largest investment network.

There are exclusive training programs for each trader out there who are willing to benefit from the personal service culture.

Whether it is some support on the financial investments or knowledge about the market that we survive it, personalized training is offered.

With the help of these training, information, and courses each customer can be turned into a trader.

After reading this,  you will get to know a lot of unique features about this broker. In addition, as a trader, you will get other benefits from this broker which I will mention below the article.

eToro Review- What Is eToro Social Trading?

EToro Review Social Trading - Binoption

High Capital Risk Is Involved In Financial Trading

By making use of this trading platform, one can easily copy other trader’s trading pattern. Additionally, you can discuss with them regarding trading strategies, meet with new investors and so on. 

2,000 is the maximum number of positions you can have open in your account at any one time.

The main goal is to:

Remove barriers and make online trading and investing more accessible to the everyday user. 

eToro’s vision is to:

Open the global markets for everyone to trade and invest in a simple and transparent way.

eToro has been a leader in the Global Fintech Revolution. You will find millions of registered users under this world’s leading social trading networks. 

Most importantly, the trading platform is user-friendly where you can perform the most complicated trading like stock trading in a simpler way. 

They are transparent to their clients. On the other hand they do not charge any hidden fees from their clients. 

This broker is controlled by more than one regulatory body around the world. As a result, users from over 140 countries choose to trade with eToro. 

Why eToro

 established in 2007 with a mission to make trading accessible to anyone, anywhere, and reduce dependency on traditional financial institutions.

At the very fast, traders can only trade Forex pairs via this platform. Further, they came up with various trading tools and assets to help traders in their day to day trading life. 

They made this trading platform easy for traders who are new in the trading field. 

eToro is regulated and authorized by top European regulators. They received Finovate Europe Best of Show for 2011 which helps them to grab global attention. 

You can open a live account with a minimum amount. However, the minimum deposit amount varies from $200-$10,000. 

Apart from these, we come up with other unique trading features of this trading platform. 

These are: 

  • Regulated and Award Winning Broker Platform
  • Minimum Deposit $200
  • Minimum Withdrawal amount $50
  • Demo Account facility
  • Variety of Trading Tools and Courses.
  • Over 1000 Trading Instruments
  • Safe and Secure Traders Funds
  • Accepts Islamic Account
  •  Trading Tools for Market Analysis
  • Live Webinars and Traders Program
  • Multiple Deposit and Withdrawal Options
  • Available Trading signals
  • Mobile Trading
  • Automated Trading
  • 73% Profitable Outcome
  • Multilingual Trading Platform
  • Dedicated Customer Support Team

eToro Regulation

eToro is regulated and authorized by more than one regulatory body in the financial market. 

For the European Economic Area, MiFID (Markets in Financial Instruments Directive) provides rules for investment services.

Their main objects are to protect clients money and increase competition. Moreover, traders from the UK and Europe will follow trading rules and requirements sets by MiFID. 

The other regulatory authorities are: 

  • eToro (Europe) Ltd. is authorized and regulated by the Cyprus Securities Exchange Commission (CySEC) under the license # 109/10.
  • eToro (UK) Ltd. is authorized and regulated by the Financial Conduct Authority (FCA) under the license FRN 583263.
  • eToro AUS Capital Pty Ltd. is authorized and regulated by the Australian Securities and Investments Commission (ASIC) under the service license 491139.
  • eToro USA LLC is registered with FinCEN as a Money Services Business.

However, traders from outside Europe can perform trade by following trading rules sets by CySEC.

eToro Login And Sign Up Process

The sign-up process with eToro broker is hassle-free. On the other hand, you will receive marketing emails after signing up with this broker. 

From “Account Settings”, you can unsubscribe emails. 

   eToro Sign-Up:

eToro Signup Process - Binoption

To sign up into the trading platform traders need to fill a form with their personal information. 

Information includes first name, last name, username, password, and contact number. 

You can also sign up with your social media accounts like Facebook and Google. 

Agree with the terms and conditions given by the authority of the IQ Option to open a free account.

To open an account, you have to complete your profile with necessary information. 

Traders need to complete the profile information as per their passport/ID document.

You can choose one from a demo account or a real account. To perform the trade with a real account, you have to deposit a minimum amount. 

SIGN UP WITH YOUR EMAIL

High Capital Risk Is Involved In Financial Trading

  eToro Login:

eToro Login Process - Binoption

By using your Facebook and Google+ account, you will able to log in to the eToro trading platform.

You can log in to the trading platform by giving your registered email address and password.

eToro Account verification

Account verification is mandatory for each and every traders of eToro.

They mainly verify all new account to keep their platform secure and to prevent from any unwanted activities.

Without verification of your account, you will not enjoy the full benefits of the eToro platform.

Your verification will be completed after uploading the proof of Identity and proof of address documents

Proof of Identity

The document should contain your name, date of birth, clear photograph, issue date, and expiry date.

If you don’t have a passport, you can also use your driving license or any other government-issued ID.

Upload the documents without cropping.

If any necessary information belongs to the other side, don’t forget to click the picture of it.

Proof of Address

The document should contain your full name, address, and issue date.

The issue date should be no older than 6 months.

Your documents should be scanned flat and without any cropping.

On the other hand, eToro does not accept a screenshot of any documents.

These are the documents which you can use in the time of POA verification:

  • Bank Statement
  • Credit Card Statement
  • Electricity, Water or Gas Bill
  • Council Tax Bill
  • Tax letter or Bill
  • House Rental Official Agreement – Issued from a Rental Agent
  • Letter from employer
  • Letter from your local municipality
  • Phone bill
  • Internet bill

The process will take a few days. eToro team will notify you after completing the process.

You can also follow your verification status from your account.

A green tick mark will show next to your user name.

eToro Demo Account

eToro Demo Account - Binoption

eToro offers a demo account to their traders worth of $10,000.

A demo account will give you an opportunity to trade with virtual money.

As a result, you can trade without any monetary risk.

The demo account will also help new traders to practice and try different trading strategies.

Trading features are the same as the live account.

Most importantly, you can access to all markets without any restriction.

You can copy other traders as well as from the demo account.

Not only the novice traders but also, professional traders can use a demo account to practice trading before playing with real money.

By depositing a minimum amount of money, you can easily switch to the real account from demo account. 

OPEN DEMO ACCOUNT

High Capital Risk Is Involved In Financial Trading

Account Types

Different types of clients are allowed to open their account under the EU regulation.

eToro offers two types of account for its traders. One account is for retail clients and the other one is for professional clients.

Retail clients are not professional in the trading field. Traders from the retail account will have access in all types of trading assets.

They can perform both the manual and copy trading. Using Leverage is restricted for retail clients.

By the Investor Compensation Fund and recourse to the Financial Ombudsman Service, they can protect their investment.

Furthermore, they also received negative balance protection and margin closeout restriction.

You have to pass a few tests to apply for a professional account. They are fully professional in this trading field. As a result, they don’t have any restriction to use leverage while trading any assets.

Negative balance protection is also available for professional traders. You have to follow some steps to become a professional-client or trader. These are:

  • Click on the ‘Apply Now’ button from the page of the professional clients and fill in your personal details
  • Check the boxes next to the criteria that apply to you
  • Submit your application, and if you meet the criteria, we will be in touch

Islamic Account

Traders who are following Sharia Law while trading the financial marketplace for them, eToro brings Islamic accounts.

You can perform your every trade according to the Sharia Law.

You have to follow some procedures to open an eToro account. The requirements are:

  • Registering for a real account and investing a minimum of $1,000 USD.
  • Providing identification documents, in order to complete your account verification.

Traders will get some benefits while trading with Islamic account:

  • Zero- rollover interest
  • You cannot open a position more than 24 hours
  • No additional commission charge for rollover
  • No charges, fees, and commissions on account management

eToro Platform - Trading On eToro

Trading On eToro Platform - Binoption

In the eToro platform, you have your own profile that will present yourself to the eToro community.

You have to verify your account in order to get copiers.

It is necessary to add a profile picture and description to your profile.

There are four tabs in your profile:

  • Feeds
  • Stats
  • Portfolio
  • Charts

eToro also offers a demo account for their trader.

The demo account is worth $100,000. You can switch from the real account to the demo account easily.

From the feed section, you will able to do all social activities on the eToro network including your post and comments.

In the right side of the trading window, you can add the market by clicking on it.

Traders can rearrange their trading assets according to their own choice.

Pro chart on eToro will help you to see that market as well as trader’s screen broadly.

Most importantly, you can customize your own market list by clicking a new watch list.

My watch list will help you to show the recent assets that you are investing in.

Portfolio tab will show you the community your portfolio in detail.

It will also help other traders to watch what you have invested and helped them to decide if they would like to copy you.

From the news feed, you will know the recent updates of the market and can follow or comment on other trader’s status.

You can discover the different market places from the trade market tab.

Copy people tab will help you to show those people who are the top investors, trending, most copied traders and many more.

As a result, it will help you to set your own portfolio according to your choice.

You can invite your friend to the eToro platform and can invest in them.

Traders can easily withdraw their funds from the trading platform. From the eToro notification, you can get updated about the recent market.

Moreover eToro club is a new feature introduced by eToro team. Members from eToro club will get exceptional services and other benefits.

With each tier upgrade, traders will get the extra privilege.

There are 5 Tiers available for eToro club members.

These are:

  • Silver
  • Gold
  • Diamond
  • Diamond Plus
  • Platinum

All premium trading tools along with expert advisers support are available for eToro club members

Members can participate in Fintech industry’s top events.

You can choose your tier as per your trading experience.

Finally, from the setting option, traders can update personal information.

It is possible to control the notification bars and privacy level.

eToro App - Mobile Trading

eToro App Mobile Trading - Binoption

For traders who are busy outside can trade with eToro app offers by eToro team.

You can download the trading platform both Android and iOS device including the mobile and tablet.

Traders can log into your account from anywhere around the world.

The main purpose of introducing the mobile trading app among all traders is that traders can stay connected with one another on the go.

The trading platform is the same as the desktop platform.

Although using a mobile app, traders can enjoy all facilities including, deposit, withdrawal funds, a full range of trading instruments, social trading, copy traders, and many more.

Moreover, the app shows full trading history and live trading prices to its users. 

To make the platform fast and quick, eToro came up with recent updates (Android and iOS) which reduced the overall “footprint” and made it 50% lighter.

You can complete the download process from the play store for Android device and apple store for the iOS device.

For an Android device, it requires 4.4 or up operating system.

For iOS device, traders require iOS 10.0 or later which is compatible with iPhone, iPad and iPod touch.

eToro Social Trading And Copy Trading

eToro social trading is the world’s largest trading network.

Traders can refine their trading knowledge with the help of updated trading tools. It is easy to find social trading or copy trading facility in many broker’s platforms.

But, why eToro?

The platform offers pioneer social trading features to make the financial market friendlier.

Almost anyone can access this market around the world. eToro copy trading is a part of social trading. It is possible to copy other traders trading pattern as well as the trading screen.

You can easily find the location of a trader by using the search tool.To maintain complete transparency, the platform gets popular day by day.

As a result, it is easy to copy valuable information from the trader’s eToro profile.This information will help you to create your own people based portfolio. 

Popular investor program helps successful traders to share their trading wisdom. We will discuss about popular investor program below. 

The reward is that members from this community can copy those traders. The more copiers they have, the larger their payout.

In eToro, social news feed will help you to follow the financial instruments and your favorite trader. You can interact with fellow members of the eToro community and can also join in the open discussion.

Traders can post their own updates, shares post in their feed and can comment to others post.

START SOCIAL TRADING WITH ETORO

High Capital Risk Is Involved In Financial Trading

eToro Social Trading In The USA And The UK

eToro USA And UK - Binoption

eToro USA

In 2018, eToro opened its door for the US traders.

Traders from the USA can enjoy their cryptocurrency trading via the eToro platform.

Through this platform, traders can enjoy their trading on 13 most popular coins.

In fact, they can also copy other trader’s portfolio automatically.

On the other hand, traders from all residents of these states cannot perform real trade by using this platform.

Real trading is only available to residents of the following states:

Alaska, Arizona, Arkansas, California, Colorado, Georgia, Indiana, Iowa, Kentucky, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Utah, Vermont, Virginia, Washington, Wisconsin and Wyoming.

Trading with real money is also available to residents of the Northern Mariana Islands and the United States Minor Outlying Islands.

No hidden fees are applicable to traders.

Before investing your money, you can double check your preferable trading strategies via practice account.

However, eToro wallet is not still available for USA clients. 

Traders from the USA can also enjoy the facility to trade by using mobile application.

For this, you have to download the platform in your device.

Traders who reside outside of the USA, cannot perform trade because of the regulatory issues although they are US citizens.

eToro UK

Traders from the UK can enjoy their social trading in eToro platform. eToro is regulated in the UK under reference no of 583263. This broker platform is operated by eToro UK Ltd.

Investors from this country will enjoy all facilities providing by this trading broker.

However, we already mentioned the name of the UK regulatory body above the article.

Popular Investors Program - eToro Copy Traders

eToro popular investors program is a partner program introduced by the team of eToro.

You can earn money by becoming a popular investor under this authorized social trading platform. Also, you will earn 2% management fees if anyone copies your investment along with the fixed payments.

Investors will pay once per month for being a popular investor.

There are 4 levels of popular investors according to their requirements and benefits. These are:

  • Cadet
  • Rising Star
  • Champion
  • Elite

Traders have to complete the eToro profile requirement along with the profile verification before applying for eToro investor’s program.

You need to fill some following requirements to join this program:

  • Verified account
  • At least 1 Verified copier
  • At least $1000 net deposit amount
  • Maintain a maximum risk score of 6 or lower than that
  • Have to be active in the platform minimum for 2 months
  • $500 monthly average equity
  • $200 minimum total amount by other traders coping you

Apart from this, you have to share your real name, photo and other information with eToro authority.

Trading Academy And Education

Trading Academy And Education - Binoption

Trading on eToro is now easier and simpler.

eToro trading academy offers a wide range of learning tools like videos, guides, blog, webinars and many more along with clear and helpful trading guideline.

Moreover, it is an extensive learning centre where you will get all financial market news to stay updated.

In the live webinars, the presenter will show you how to use this world’s largest social trading platform.

Live webinars also show you the path of success by copying other trader’s trade. You have to complete registration to join in the webinar. eToro course will help you to be a master in the financial trading platform.

It will show the path to the new traders on how to maximize the trading profits. Traders can take their trade to the next level. In addition, you can also improve your trading skills by watching interactive video lessons.

eToro divided this phase into two parts; one is Trader Course and another one is Investors Course.

Trader Course is designed for experienced traders. This course covers all aspects of trading. The following lessons will help you to build up your trading skills by providing all necessary knowledge:

    • Forex Advantage
    • Basic Forex Terms
    • Types of Orders
    • Effective Strategies
    • Glossary of concepts

Investors Course is also for traders who are experienced in this field or want to be a professional trader. This course will explain all trading tools including:

  • The World of Global Trading
  • Trading psychology
  • Capital management
  • Market analysis
  • Basic technical analysis
  • Advanced technical analysis

eToro Fees And Market Hours

From the eToro platform, you will find information regarding trading fees and market hours. 

You can check your relevant trading hours and perform trade according to that time. Trading hours will depend on your region and asset types and fees mainly depend on the spread.

The trading fees will be charged at the end of each trade or after closing the position. The spread will vary according to the market condition and liquidity. You have to visit the website to get updated about the current fees.

Overnight trading fees will change. For commodities, daily and weekend rollover fees are applicable. The overnight fee per unit depends on the time when month calculation will happen.

It is applicable for the spot metal. For Spot Energy, the overnight fee will charge at the time of calculation.

In Cryptocurrency, for non-leveraged buy and sell a position, eToro will not charge any fee.

All fees/credit will be charged/credited at the New York time.

For currencies, daily and weekend rollover fees are calculated using unified equations. You will find the equation on their website. For ETFs and stocks, all spread have been unified. Spread per side for ETFs is 0.09%.

There are no management fees, no ticket fees, and no rollover fees for non-leveraged traders. The overnight fee is only applicable for CFDs traders.

At the same time for indices, daily and weekend rollover fees are calculated by using the unified equation.

Other fees:

Withdrawal fees will depend on your withdrawal amount. For $50 withdrawal which is the minimum amount, eToro will charge $25.

Conversion charge is applicable only at the time of depositing money. The fee will charge on the pip value. On the other hand, the conversion charge also depends on the trading instrument types. You will find a chart on their website, where they mentioned all prices according to the trading instruments name.

Crypto transfer fee is also applicable and depends on the value of the withdrawal amount.

Inactive fees:

If your account remains inactive for 12 months, an amount of $10 will be charged monthly from your account.

This fee will be considered as an inactive fee.

The inactive fee will only available if the account balance is available.

The moment you logged into your account, the inactive fee will be discontinued.

Wallet fees:

To convert the fiat currency into crypto assets:

  • etoroX fee 1%
  • Simplex fee 4%

Conversion fees will set according to the eToro market rates. To convert crypto to crypto, traders need to pay:

  • eToroX fee 0.1%

There is also some limitation of crypto to the crypto transaction. You will find detailed information from the website.

eToro Wallet For Crypto

eToro Wallet For Crypto - Binoption

Traders who trade cryptocurrency need a crypto wallet to keep their coins safe and secure. eToro offers a cryptocurrency wallet for its traders. Traders from all countries cannot enjoy this facility.

A few countries have permission to open a wallet under this social trading platform.

eToroX Limited is the provider of this wallet. Right now, eToro wallet only supports Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar and XRP.

eToroX Limited is regulated by Gibraltar Financial Services Commission under the Investments and Financial Fiduciary Services Act under the license number FSC1333B. As a result, the eToro crypto wallet is also regulated.

Simplex is a third-party service provider which works with eToro wallet. This company facilities credit card purchases of crypto assets within the crypto wallet.

The main advantages of this wallet are, you have access to the crypto market using the same login credential of your trading account. Moreover, you will able to convert your existing crypto asset to another crypto asset.

Additionally, it is not currently possible to send crypto coins to the trading platform. The wallet information is safe and secure by safety technology.

On the other hand, we already mentioned about wallet fees in our eToro fees and market hours section.

To complete the transfer process of cryptocurrency coins from one wallet to another wallet, it will take one business day.  

Economic Calendar

It is important to get updated about the recent global financial market. From the economic calendar, a trader will know about the recent upcoming events.

As a result, you will have an idea regarding which currency will get affected during events. For a better understanding, quickly see how to use the economic calendar:

  • Choose the time zone and dates relevant to your trades
  • See which event affects the assets you trade
  • See the impact of each event
  • Plan your strategy accordingly

Deposit And Withdrawals

Deposit And Withdrawal Method - Binoption

eToro Deposit

The minimum deposit amount for eToro traders is $200-$10.000. However, the first time the deposit amount varies depends on the region and country regulation.

You need to deposit a minimum of $50 after your first-time deposit. To know the amount you have to click on “Deposit Funds”.

The minimum deposit amount will appear to the “Select Amount” section.

You have to follow some steps to deposit your account.

However, the process is simple and quick.

  • Log in to your eToro account
  • Click on “Deposit Funds”
  • Enter the amount and select the currency
  • Finally, select your preferred deposit method

eToro offers multiple payment methods according to your country.

Some payment methods will accept your amount instantly and some methods will take 5-7 business days to complete the process.

eToro accepts payment through credit/debit cards, e-payments, wire transfer and so on.

Deposit your account with online banking is also available in the eToro platform.

You have simply followed some steps to complete the process.

These are:

  • Log into your e-bank account
  • Enter the verification code provided by your bank
  • Click “Submit”

These are the steps that you have to follow while depositing your money through debit or credit card:

  • Card number
  • Expiration date
  • CVV (3 digits on the reverse side of your credit/debit card)

You all transaction amount is safe and secure by the Socket Layer (SSL) technology.

This technology ensures traders that all personal data of a trader are safe and secure

eToro Withdrawal

You can withdraw your funds by using methods like

  • Credit card
  • PayPal
  • Bank transfer

The minimum withdrawal amount is $50.

It will take a maximum of 8 working days to withdraw funds to their account.

Remember, you must have withdrawal funds available to your account.

One more thing is that your account must be verified in order to withdraw the funds.

There are also withdrawal fees applicable to traders.

Advantages

Apart from offering great testing grounds for the novice, it is an excellent platform for experienced trades and researchers but not a great option for a trader who is looking to exploit tiny spreads to make money.

eToro offers their traders an Automated Trading platform and a comprehensive Training Academy. 

A wide range of trading instruments gives an opportunity to trade freely. Moreover, new traders can learn to trade quickly by using copy trading. 

A Dedicated customer support system is another advantage of this social trading platform. 

Deposit and withdrawal process is easy and fast. 

Disadvantage

We weren’t able to find any major disadvantages about eToro broker even though, each platform has some drawbacks of its own. 

In compare with other brokers, the minimum deposit amount is quite high. 

It will be a great help for traders if they add Live Chat support besides  Open ticket option. 

Help and Support

The customer support of eToro is quite impressive and services are offered through telephone, instant chat, and email.

eToro offers customer support in 24 hours a day from Monday to Friday.

Traders have to open a new ticket with their name and email address.

Do not forget to select the query type before opening the ticket.

Traders can also find them to Facebook, Twitter, Instagram, LinkedIn, and YouTube.

For traders, the help center is the quickest way to get help regarding your question.

You will find all the information about this company including copy trading, deposit, withdrawal, account, and so on.

You can also connect with professional assistance whenever you need.

Last Word

Finally, those who are in hunt of an interactive platform which offers good opportunity to directly interact with other trades and to learn from them, eToro is ideal.

Its regular innovations will itself help traders to reap handful of benefits and profits.

The key to the success of this platform is the simplicity and the interest embraced on the novices.

Irrespective of the learning curve and depth of knowledge, traders prefer to be a part of this platform to enhance the learning.

It handholds the traders at each step gives the opportunity to directly interacts with traders and experts.

So, start your social trading experience with this Global Regulated Broker. 

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ForexMart Broker Review: A Leading Forex Broker

ForexMart Broker-Binoption
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Overall Rating
4 Binoption Forex Mart
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ForexMart Broker Review : A Leading Forex Broker

Take a look on ForexMart Broker Review which is a leading broker in Forex, CFD and Bitcoin trading market.

Since 2015, it has been working with much integrity, sincerity and transparency.

It has already achieved million’s trust.

As a leading broker, it knows a client’s need and demand.

Using its earned experience, it has designed its offers and promotions.

If we look at its services, we will get a notion that tells us this broker is continuously trying to make and to keep Forex, CFD and Bitcoin easy and simple.

This broker is almost successful to do that.

That is why we find Forex popular than ever.

Warning: Country Restriction (Do Not Accept Traders)

Warning: Please note that, Forex Mart Broker does not accept traders from the following countries –

United States of America
North Korea
Myanmar
Sudan
Syria
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ForexMart Broker Review

ForexMart Broker-Binoption

High Capital Risk Is Involved In Financial Trading

Forex Mart was established in 2015.

Since then it has been conducting its operation with much reputation.

It is the trading name of TradoMart Ltd (previously Fxco Trading Ltd.), a Cypriot Investment firm, regulated by multiple regulatory bodies such as CySEC, MiFID, BaFin, AMF, FCA, CONSOB.

Its headquarter is situated at 10 Spetson 23A, Leda Court, Block B, Office B203, 4000 Mesa Geitonia, Limassol, Cyprus.

In the list of Forex Award, ForexMart got 4 awards and they are –

  1. “Best Broker in Europe 2015” named by ShowFx World
  2. “Most Perspective Broker in Asia 2015” named by ShowFx World
  3. “Best New Broker Europe 2016” by International Finance Magazine (IFM)
  4. “Best Forex Newcomer in 2016” by Global Business Outlook

Though it has been regulated by multiple regulatory bodies therefore, working with this broker is completely safe.

There is no need to download any additional software if you use their Web Trader Platform.

It uses most customer friendly and famous Meta Trader 4 platform for Desktop.

Interface of this platform is very simple and easy.

A novice trader can even place trade using this platform.

It has a wonderful and enriched education section filled with huge materials like e-books, Tutorials, webinars and many more.

The only purpose of having a resourceful education center is to make traders learned, educated and consequently successful.

Besides, it offers mobile trading platform (IOS and Android) if someone feels comfort trading from mobile.

It also offers Islamic Accounts.

Why ForexMart?

After a thorough research, we have gathered almost all the basic and unique features of ForexMart.

These are the features which made this broker one of the best among million traders.

In the below, we have mentioned those special features one by one.

Let check those out –

Company Information:

  • Broker Type: Forex / Market Maker
  • Regulation: CySEC / MiFID / BaFin / AMF / FCA / CONSOB
  • Office: Cyprus / London (UK) / Berlin (Germany) / Paris (France)
  • Support: 24/5 Hours Support (Phone, Live Chat, Email)
  • Founded: 2015

Trading Options:

  • Minimum Deposit: 1 USD / EUR / GBP
  • Maximum Leverage: 1:5000
  • Minimum Trade size: 0.01 Lot
  • Spreads: 2 pips for standard account and 0.0 pips for zero spread account
  • Tight Spreads: Yes
  • Account Type: a) ECN Standard b) ECN Zero Spread c) Micro Account
  • Bonus: Up to 50%
  • Margin Call: 30%
  • Stop Out: 10%
  • Payment Method: Skrill / Neteller / Wire Transfer / Master Card etc

Trading Services:

  • Trading Platforms: MT 4 / Web Trader / Mobile Trading
  • Withdrawal: No Limits
  • Deposit & Withdrawal Charge : FREE
  • Deposit Insurance: Yes
  • SWAP Free: Available
  • Managed Account: Yes
  • Institutional Account: Yes
  • Demo Account: Yes (Up to $500,000 demo balance)
  • Islamic Account: Yes
  • Education Center: Yes
  • Trading Signals: No
  • Charting Package: Yes
  • Market Analysis: Yes
  • Chart Trading: No
  • Scalping: No
  • Hedging: No
  • Automated Trading: Yes
  • Email Alerts: No
  • Trailing Stops: No
  • Guaranteed Stop Loss: No
  • One-click Execution: Yes
  • Guaranteed Limit Orders: No
  • Guaranteed Execution: No
  • Segregated Account: Yes
  • OCO Orders: No
  • Interest on Margin: Yes
  • Web Based Trading: Yes
  • Mobile Trading: Yes
  • VPS Hosting: Yes
  • Currency Converter: Yes
  • Forex Calculator: Yes
  • Economic Calendar: Yes
  • Copy Trading: Yes

Supported Instruments:

  • Forex: Yes
  • CFDs: Yes (on Shares)
  • ETFs: No
  • Commodities: Yes
  • Spot Metals: Yes
  • Stocks: Yes
  • Oil: No
  • Gold: Yes
  • Indices: Yes
  • Binary Options: No
  • Russian Rubble: Yes
  • Bitcoin: Yes

Suitable For

  • Beginners: Yes
  • Professionals: Yes
  • Home Based Investors: Yes
  • Scalping: Yes
  • Day Trading: Yes
  • Weekly Trading: Yes
  • Swing Trading: Yes

Account Types

There are 3 types of account available at ForexMart.

Each account contains highly useful features and a novice as well as an old trader will be benefited from it.

There is no exaggeration in offer.

We appreciate it.

Sometimes, it is better to keep things simple.

It increases the usability.

However, these 3 accounts are –

  • ForexMart ECN Standard
  • ForexMart ECN Zero
  • ForexMart Micro Account

Details are in the table:

ECN Standard ECN Zero Micro Account
No Minimum Deposit Requirement No Minimum Deposit Requirement No Minimum Deposit Requirement
Over 150 Trading Instruments All EAs Supported Full Access to All trading instruments
Trading Platform: MT4, Web terminal, Mobile Platform Trading Platform: MT4, Web terminal, Mobile Platform Trading Platform: MT4, Web terminal, Mobile Platform
Margin call / Stop out: 30% / 10% Margin call / Stop out: 30% / 10% Margin call / Stop out: 30% / 10%
Min lot value: 0.01 lots Min lot value: 0.01 lots Min lot value: 0.01 cent lots
Currency: USD, EUR, GBP, RUB, MYR, IDR, THB, CNY Currency: USD, EUR, GBP, RUB, MYR, IDR, THB, CNY Currency: USD, EUR
Max Leverage 1:5000 Max Leverage 1:5000 Max Leverage 1:5000
All bonuses compatible 30% bonus, 50% bonus 30% bonus, 50% bonus
Spreads from 2 pips Spreads from 0 pips Spreads from 2 pips
Swap free: Available Swap free: Available Swap free: Available
EA: Supported EA: Supported EA: Supported
Open Free Account

High Capital Risk Is Involved In Financial Trading

ECN Technology

ForexMart is using ECN Technology which is popular in the market at present for the benefits and advantages it offers to the client.

Some of the advantages of ECN Technology are –

    • Tight Spreads
    • Instant Execution
    • No Re-quotes
    • Direct Access
    • Trading Strategy
    • Automated Trades
    • Low commissions
    • Real Time Orders

Now the question is “What is ECN”?

ECN or “Electronic Communication Network” is kind of way where it allows direct access between market participants and the top liquidity providers.

For that reason, traders are able to execute their trade effectively, efficiently by using this direct access and it also reduce risk and increase the profit ratio as well as faster and cheaper traders.

Financial Instruments

It offers more than 150 assets to trade.

These assets are divided in 5 categories.

They are –

1. Forex: (EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD, NZD/USD, EUR/JPY, EUR/CHF, AUD/CAD, AUD/CHF, AUD/JPY, CAD/CHF, CAD/JPY, CHF/JPY, NZD/CAD etc.)

2. CFD on Shares: (AA Alcoa, Inc, AAL ANGLO AMERICAN PLC, AAPL Apple Inc, AIG American International Group, AMZN Amazon.com Inc, AXP American Express, BA Boeing, BABA Alibaba Group Inc, BAC Bank of America, BARC Barclays PLC etc.)

3. Spot Metal: (GOLD, SILVER, XAUUSD)

4. Bitcoin

5. Russian Rubble

Bonuses and Offers

ForexMart provides 30% and 50% Welcome Bonus based on first deposit.

You just need to open a live account, make a deposit and after that you have to apply for bonuses.

Moreover it offers $1000 Chance Bonus.

You have to deposit your trading account with $300 or more, and you will automatically join the raffle!

Winners will be chosen via random electronic draws.

Platforms

ForexMart is using 3 platforms and they are –

Meta Trader 4 for Desktop

Most powerful, easy to use and famous platform in the market today.

It is totally free and no complication to install.

It supports several trade size allocation methods.

It also provides over 40 technical indicators and has a customizable interface.

Web Terminal

If you don’t want to download any software then this platform is for you.

Traders can position any type of orders, trade currencies, CFDs and other services provided with accurate technical indicators.

It is compatible with Windows, Mac, Linux O.S. The trading is secured, synchronized in all platforms, can access multiple charts with real-time quotes.

Mobile Application Platform (iOS and Android)

Their app is available on iOS and Android and download is free.

Traders can view the latest trends and market data and can access latest charts with real-time quotes.

ForexMart Trading Platform Screenshot

ForexMart Trading Platform-Binoption
Open Free Account

High Capital Risk Is Involved In Financial Trading

Tools

In the platform of ForexMart, it provides high speed 1 GB RAM. 25 GB HDD VPS Hosting, Currency Converter, Forex Calculator, Education material, Economic Calendar, Forex Chart, Analytical reviews, Economic news and many more.

ForexMart Currency Converter Screenshot

ForexMart Currency Converter

ForexMart Forex Calculator Screenshot

ForexMart Forex Calculator

Deposit & Withdrawal

Any kind of banking is easy, fast and secured at Forex Mart.

There is no chance of losing data or money as this broker is very serious and careful about safety and security.

That is why it has been taken several security measures to prevent any kind of security lapse.

However, the minimum deposit is only 1 USD / EUR / GBP and there has no limit of withdrawal.

Deposit and Withdrawal both are completely free.

Based on payment systems deposit and withdrawal can take 1 Hour to 4 working days to finish a request.

Sometimes it may take some more time to appear fund in one’s account.

For withdrawal, one has to go through some security check.

It accepts both the debit and credit cards along with bank wire.

One can accomplish transaction through using Visa, Master Card, Skrill, Neteller, Paypal, Bank Transfer etc.

Customer Service

Customer Service is very proactive, amiable and instant.

This broker provides customer service using various means including e-mail, phone, Skype, Yahoo Messenger, Telegram, Whatsapp and live chat.

There are more than 10 e-mail addresses ([email protected], [email protected] etc.) and 4-5 phone (local and international) numbers available on the website.

Besides, it provides assistance in multiple languages including English, Chinese, French, German etc.

Live Chat, Skype or Whatsapp is the most effective way of getting instant help.

We have found it very quick, helpful and effective.

As there are couples of phone numbers, then anyone can also talk to customer service officers and get help.

Customer service is available at 24/5.

Drawbacks

There is no major drawback of ForexMart.

We just found one drawback and that is it does not accept USA traders for the regulatory reason.

Conclusion

Finally, we must say ForexMart is a leader of this market which makes Forex, CFD, Bitcoin trading popular.

As it is a regulated broker then there is no scope to call it scam.

We suggest our readers and every new trader to work with ForexMart.

We are sure you will not lose if you work with this broker.

Let invest money and earn as much as you can.

Do you want to know about another Trusted Forex Broker?

You can read our FIBOGROUP Broker Review, which is very old, trusted and regulated broker.

Best of luck.

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HYCM (Henyep Markets) Review: A Smart Forex & CFD Broker

HYCM Review - Binoption

HYCM (Henyep Markets) Review: A Smart Forex & CFD Broker

HYCM (Henyep Capital Markets) is a smart broker and in our HYCM Review, we are going to explain why. It stands for Henyep Capital Markets. HYCM stands out from all other brokers due to their salient features.

This broker is an all-rounder that performs exceptionally well. In our review, you will find information about their platform, demo account, sign-up process, deposits and withdrawals, educational tools, and more.

The company started its trading journey by providing Forex and CFD trading. Their intention was to make trading easy and profitable for traders, especially new ones.

Currently, they offer forex, stocks, indices, cryptocurrencies, and commodities. Moreover, it takes great pride in having over 40 years of trading experience.

They have regulation from 3 top regulatory bodies. Let’s delve right into the broker and explore their features.

In the end, you’ll also get to know if the broker is a scam or not.

HYCM (Henyep Capital Markets) Review: What Is HYCM?

HYCM Review - Binoption

High Capital Risk Is Involved In Financial Trading

HYCM is the trading name of Henyep Capital Markets (UK) Limited and HYCM (Europe) Ltd.

It is a division of The Henyep Group, who are running their operation over 40 years.

HYCM has multiple international offices and they are in the United Kingdom, Hong Kong, Cyprus and Dubai.

Their headquarter is located in 3rd Floor, 28 Throgmorton Street, London EC2N 2AN, United Kingdom. Taking a look at their timeline, HYMC was established in 1977.

They joined the Hong Kong Gold and Silver Exchange Society and since then have been providing trading service to their clients. The Company grew rapidly and in 1981, they established their 25th overseas office.

They received their UK regulation in 1998 by being licensed by the FCA.

Fast forward to 2007, HYCM launched the HY Markets online trading platform. In 2014, they got licensed by CySEC and in 2018, they got set up and licensed by CIMA.

HYCM believes in heritage. They believe,

“Our 40 year Group heritage in the financial markets has positioned us as one of the most trusted and transparent brokers in the Forex industry serving both institutional and retail clients across the globe.”

They aim to provide a trustworthy and reliable service to their global client base. Also, they have offices set up in 5 of the world’s leading financial centres. In total, they provide services to over 140 countries.

They provide MT5/MT4 as trading platforms.

MetaTrader 4 is easy to use and place the trade. MetaTrader 5 is also available where 300+ assets are available.

Its website is well designed, informative and eye-soothing. Every section is detailed and elaborated. The education section is highly enriched filled with articles, video tutorials and e-books.

Demo trade is available for lifetime. It is a great opportunity to earn trading experience before placing trade formally.

For securing clients data and transaction, it has been using SSL encryption technology.

Mobile trade is possible here. The mobile application supports all the devices and gives the web-based trading taste.

Besides, this broker offers Islamic Account. It is a great opportunity for them who want to invest money in Forex and CFD according to Islamic Law.

Why HYCM?

Here, we have compiled a list of features that stands out for this broker.

These are the reasons why you should choose HYCM:

  • Fully regulated broker by 3 regulatory bodies.
  • Over 300+ assets with 5 different asset classes.
  • Max Leverage of 1:200
  • Over 40+ years trading experience
  • 24/5 customer support
  • Minimum deposit $100
  • Spreads as low as 0.2 pips
  • Demo Account with $50000 virtual cash
  • Fast trade execution
  • Multi-award winning broker
  • MT4/MT5 platform supported
  • Min Withdrawal of $20
  • Mobile trading offered
  • 3 different account types
  • Vast educational resources
  • Easy registration process
  • No withdrawal fees
  • Swap-free Islamic trading
  • Suitable for all traders
  • MiFID Compliant
  • Phone verification and First deposit bonus.
  • Segregated funds

HYCM Regulation

Regulation Information-Binoption

HYCM is regulated by 3 regulatory bodies: FCA, CySEC, and CIMA. Henyep Capital Markets (UK) Limited (‘HYCM’) is authorized and regulated by the Financial Conduct Authority (FCA) under Company reference number 186171.

HYCM (Europe) Ltd (‘HYCM’) is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 259/14.

This online trading platform is authorized and regulated under the Cayman Islands Monetary Authority under reference number 1442313.

They are also licensed in Dubai.

Henyep Capital Markets (DIFC) Limited is authorized and regulated by the Dubai Financial Services Authority with license number F000048.

In accordance with the European Market Infrastructure Regulation (EMIR), all firms operating in the EU are legally obliged to report all derivatives to trade repositories, including CFDs.

Awards And Achievements

HYCM is the proud winner of multiple awards. Their list of awards is shown here:

2018 | Europe Best Forex Broker

2017 | UAE Best Forex Broker

2017 | Dubai Best Trading Platform

2017 | Europe Best Forex Broker

2015 | Northern Europe Best Broker

2015 | In Southern Europe Best Broker

2015 | Best Retail Platform

2014 | Europe Best Forex Broker

2014 | Eastern Asia Best Broker

2014 | Best Retail Trading Platform

 

2014 | Best Global Professional Trading Platform

2013 | Best Mobile Trading Platform

2013 | Middle East Best Broker

2012 | Best FX Mini Account Provider

2012 | Best Customer Service Provider

2012 | Best Global Broker Award

2012 | Northern Europe Best FX Broker

2011 | Middle East Best Forex Broker

2011 | Best Global Broker Award

HYCM Signup And Login Process

You can create your HYCM easily by following these steps:

Click the “Open Account” button to get started.

In the registration form, enter your First and last name, your email address, and your phone number. Click next to continue.

You will need to provide additional information such as your country of residence, date of birth, and your complete address.

Next, you need to select your base currency, trading platform, and your preferred account type. You need to mention if you are a U.S reportable person and then set a password. Finally you have to read and agree to their terms of conditions.

Your account creation is complete.

Provide your financial profile and submit required documents to verify your account.

After this, you can deposit money to start trading.

Sign up now

High Capital Risk Is Involved In Financial Trading

HYCM Account Verification

There are two steps involved in verifying your HYCM account. Providing your financial profile and providing necessary documents.

Financial Profile

Under financial profile, you need to provide financial details and information on trading knowledge and experience.

Under financial details, you need to provide your estimated annual income in USD, your estimated net worth in USD, and your employment status.

Under trading knowledge, you need to confirm if you have traded Forex or CFDs in the last 2 years.

There are certain declarations and acknowledgement of risks that you need to agree with and finally click the submit button.

Document Upload

There are 3 documents that you need to provide:

  • Identification copy: You need to provide your valid passport/national ID card/Driver’s license.
  • Proof of residence: Provide any utility bill or a bank statement or a letter issued by any recognized public authority. These documents must show your full name, residential address, and the date of issue.
  • Credit card copy: provide a picture of your credit card.

HYCM Demo Account

You can try out the HYCM demo account from either the HYCM MetaTrader desktop app or the webtrader app.

After making your preferred choice, you need to select the demo button where you need to setup your demo account by providing your email and other details and selecting any of the two (MetaTrader 4/ MetaTrader 5).

You will be provided with a demo account worth $50000. You can run this demo for as long you desire.

All the features of MetaTrader are provided here so trading will feel similar and easy to perform.

You can try out the automated strategies available in MetraTrader platform and choose your preferred one

We will discuss about the platform later in the review.

Account Types

There are 3 account types offered by HYCM: Fixed, Classic, and Raw.

For beginner traders who are unsure about which account type to choose, HYCM has prepared a 5 question survey where depending on your answers to certain questions, they will recommend you an account type.

VIP account is also offered to traders where they can get a dedicated account manager, better spreads, and market analytics.

Let’s take a look at the features of the 3 account types.

Fixed

$ 100 Minimum Deposit
  • Fixed Spreads from 1.8 pips
  • EA available: No
  • Min Trade Volume 0.01
  • Islamic Account: YES
Open Fixed Account

Classic

$ 100 Minimum Deposit
  • Variable Spreads from 1.2 pips
  • EA Available: Yes
  • Min Trade Volume 0.01
  • Islamic Account: YES
Open Classic Account
Popular

Raw

$ 200 Minimum Deposit
  • Raw Spreads from 0.2 pips + $4/round
  • EA Available: Yes
  • Min. Trade Volume: 0.01
  • Islamic Account: Yes
Open Raw Account

High Capital Risk Is Involved In Financial Trading

HYCM Trading Platform

HYCM MT4 Platform-Binoption

HYCM offers trading through MetaTrader 4 and MetaTrader 5.

You can trade on any of these platforms but not both using the same account.

You will be asked to choose your preferred trading platform during account creation.

There isn’t much to say about these trading platforms as they are the world’s most popular.

With MT4’s live chart, you can perform technical analysis directly.

The technical analysis from Trading Central shows key levels of support, resistance, targets, and stop pivots.

MT5, the widely acclaimed successor of MT4, features more functions, assets, and advanced technical analysis tools.

MT5 has more compatibility with automated trading systems.

Other features that are upgrade from MT4 include additional timeframes (21), 6 types of pending orders, and an economic calendar.

There are 38 technical indicators, 44 analytical objects, and unlimited charts.

You can also install the Trading Central plug-in for more technical analysis.

HYCM App - Mobile Trading

HYCM App Mobile Trading - Binoption

Both MT4 and MT5 provide mobile trading on both Android and iOS.

You can trade on the go using these mobile apps.

The mobile interface is similar to that of the desktop version and trade execution is fast and reliable without any noticeable delays.

Opening, managing and closing positions has never been easier thanks to the MT4/MT5 mobile app.

Trading Assets

Trading Assets-Binoption

HYCM offers 5 different asset classes for trading: forex pairs, stocks, indices, cryptocurrencies, and commodities.

In total there are 200+ trading assets available for trading.

We’ll take a look the different asset classes now.

Forex is the main asset that they provide. There are more than 70 forex pairs offered including the popular ones (EURUSD, USDJPY, GPBUSD, USDCHF, AUDUSD, etc.) Spreads start from 0.2 pips and the max leverage is 1:200. The margins start from 0.5%

With HYCM, you can trade stocks of all major companies such as Apple, Google, Facebook, Alibaba, Tesla, Twitter, and more. There are more than 100 stocks to choose from. The max leverage allowed is 1:20 and the margins start at 5%.

15+ commodities can be traded in HYCM. This includes Gold, Silver, Cocoa, Coffee, Sugar, Oil, and more. The max leverage offered is 1:133

Get access to more than 25 indices with HYCM. You can trade these indices as CFDs. The max leverage offered is 1:200

Cryptos are the hottest trading currency right now due to their attractive nature. HYCM offers 14 cryptos for trading including Bitcoin, Ethereum, Ripple, Litecoin, and more.  The max leverage offered is 1:20

HYCM Strategy

The major advantage of trading with HYCM is using MT4/MT5 as trading platform. There are multiple indicators available in these platforms that will allow you to form your perfect strategy.

A working strategy is crucial for profitable trading.

There are certain strategies recommended by HYCM that we have listed here.

Trend Signal Strategy
In this strategy you are looking for a shift in the current trend to a previous trend.
Tunnel Strategy
With this strategy you are looking for a break in a uniform trend.
Fractal Strategy
In this Forex strategy you are looking for averages and fractals which indicate the possibility of a future trend.
Fishing Strip Strategy
With this strategy you are looking for turning points which indicate the possibility of a change in trend direction.
Zigzag Strategy
The purpose of this strategy is to take advantage of the momentum that is created following a breakout.
Wave Tracker Strategy
In this strategy you need to identify, using indicators, a change in rate direction, and join the new trend.
T-Chaser Strategy
The goal with this strategy is to identify the start of a new trend.
Fibo Trap Strategy
The goal of this reverse trading strategy is to identify the end of a correction and enter when a new trend begins.
Zoom In Strategy
The purpose of this strategy is to identify a new minor trend, and properly time your entry.
Semi-Automatic Strategies
This Exclusive Indicator on screen display will announce the current automatic analysis which is developed by HYCM experts.
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Trading Tools

HYCM provides several tools to make trading easy for their traders. The trading tools that they provide are:

Calculators:

There are 3 calculators available in HYCM:

Pip calculator: This calculator calculates the pip value.  Input the account currency, currency pair, trade size, and conversion price, and your pip value will be calculated.

Currency convertor: This is a simple currency to currency converter that converts the value of one currency to other in terms of the exchange rate

Margin calculator: The margin required in a trade can be calculated using this tool. Simply input currency pair, leverage, trade size, and conversion price and you will get the margin required.

Economic Calendar

Economic calendar contains all the forex related news events organized on day-today basis.

These news events will help you stay ahead of the curve and increase your chances of winning a trade. 

News

The latest breaking news on forex pairs are presented here.

These news events will increase your trading knowledge and help you trade comfortably.

News trading is popular way of trading and it also has a high success rate. 

Market Outlook

Here you will find daily market review, top market movers, commentary on current events, upcoming events, recent news, and more.

The daily commentary is available on their youtube channel.

Video Tutorial & Education

Education And Tutorial-Binoption

HYCM’s education section is one of the largest and contains comprehensive educational material on forex trading.

They have sorted their videos and articles in very organized way where the beginners can learn how to trade and how to be an expert in Forex trading.

In the education section, first of all they will introduce you with trading tools, and then you will get the course for beginners.

After that, you’ll get step by step tutorials, trading strategies and e-books.

Here is a list of the educational materials that they provide:

Trading Tools

The World of Global Trading: An overview of the trading market, different financial instruments explained and the main factors that drives the market.

Trading Psychology: Most important lesson in the course where topics covered: Understanding the importance of emotional intelligence while trading, how to deal with the hatred of loss, psychological tools to improve mental behavior as a trader.

Capital Management: One of the biggest mistakes traders do is mishandling their capital and you’ll learn in this lesson: Why capital management is a must, the most important rules of capital management, how does individual can tailor the best capital management for himself?

Market Analysis: This lesson explain you what is market analysis and how to do Technical and Fundamental Analysis?

Basic Technical Analysis: Most common price patterns, Trends types, Support and resistance has been discussed in this lesson.

Advanced Technical Analysis: This is a practice session for pattern recognition and advanced technical analysis techniques: Japanese candle stick charts, how to recognize a pattern, different type of price patterns, pattern risks, and how to trade when a pattern is recognized.

Beginners Course

Forex Advantage: The advantages of Forex Trading, one of the fastest growing markets, why trading is rapidly becoming a favorite among Stock Market investors.

Basic Forex Terms: Introduction with the basics of Forex, many important trading terms, how to do the first step in trading.

Types of Orders: You’ll learn the different types of orders, how to use the right order type at the right time and the information in this lesson is part of the trading foundations every trader should know.

Winning Tactic: You’ll start learning how to combine all the information and use the professional trader’s winning strategies and how to choose the strategy that works for you.

Glossary of Concepts: Increase the Forex Knowledge by getting familiar with important trading and market terminology in this wide Forex Glossary.

Tutorials

MT4 Installation and Basics: Learn how to setup the platform and use the main features: Installation, sign up, login, Market Watch Window, new charts, chart properties and time frames.

Orders and the Terminal Window: Opening, Closing and modifying orders, the Terminal Window, account history, reports, alerts and additional options.

Using Types of Orders: Pending orders, trailing stop and changing the profit display.

Adding Indicators to the Graphs: Using objects, adding indicators, help lines, editing and deleting objects.

Properties: Some very important configuration features: Display definitions, Patterns, Profiles.

e-Books

  • Forex Ebook
  • Advanced Ebook
  • Commodities and Futures Ebook
  • CFDs and Stocks Ebook

MT4 Videos

You’ll get a list of tutorial videos on the MT4 trading platform. 

It covers the basic features of the trading platform such as the chart window, market watch, navigator window, and much more.

HYCM Deposits and Withdrawals

HYCM Deposit And Withdrawal - Binoption

HYCM Deposits

HYCM deposits are swift and hassle-free.

There are zero fees on deposits.

However, if you choose bank transfer as your deposit method, your bank might charge you.

The deposited funds are kept in segregated accounts.

Deposit processing takes only 1 hour except in the case of bank transfer, it takes 1-7 working days.

The accepted currencies for deposits include USD, EUR, GPB, RUB, and AED.

There are 5 different deposit methods available in HYCM.

Bank Wire transfer, Credit card, WebMoney, Neteller, and Skrill are the deposit methods.

The minimum deposit is $20 except in the case of bank wire; the minimum deposit is $250.

Note: The first time deposit is $100 and after that, you can deposit the minimum amount of $20.

To deposit funds, access your client portal, select Banking, and then Deposit Funds to start your deposit process.

HYCM Withdrawals

Just like deposits, you can withdraw your funds using any of the five methods listed above.

HYCM are known for their fast processing and it takes 1 hour to process your request..

In the case of bank wire transfer, it will take 1-5 days.

The minimum withdrawal  amount is $20.

In the case of bank wire transfer, the minimum withdrawal amount is $300. 

Withdrawals over $5000 using Neteller and Skrill will be subjected to 1% processing fee.

To withdraw funds from your accounts, access your client portal.

Then click on banking and then withdraw funds.

You can now withdraw using your preferred method.

Henyep Capital Markets (HYCM) broker does not charge fees for account withdrawals except wire transfers where traders may be charged a fee of $30 If the withdrawal amount is under $300.

This broker uses SSL encrypted technology to secure its clients personal data, trade history and any kind of transaction.

HYCM Bonus And Promotion

There are regular promotions offered by HYCM. Currently, there is a deposit bonus offered.

Traders will receive a 10% bonus on their first deposit. Upon verifying your phone number, you get a $20 trading bonus.

Keep in touch with us as we will update you on the latest bonus news.

GET HYCM BONUS

High Capital Risk Is Involved In Financial Trading

HYCM Contact and Customer Support

Contact And Customer Support-Binoption

One of the strong points of HYCM is its responsive and cordial support team.

The customer support team is available 24/5 and can be reached via live chat. Their average response time as per their claim is 5 minutes. 

Traders can also contact them via social media using Viber, Whatsapp, Skype, Messenger, and Telegram.  You can find the contact information on their website.

You will find dedicated emails for client support, account opening, general inquiries, and complaints.

Everything has given on the website. We have found multiple phone numbers and email addresses. There is also given an office address.

So, now it is up to you how you want to contact them and seek help. Except for these media, live chat is also available there.

If you need immediate help, feel free to knock over the chat window and they are very active in live chat.

A group of financial and trade experts are available to give any kind of trading suggestions. The customer support is available for 24/5 to assist you.

HYCM Pros

HYCM offers several advantages to their traders. We will discuss the key features that separate them from other brokers in this section.

  • Providing trading services for more than 40 years
  • Wide range of trading assets
  • Rich education sector
  • Strong encryption technology ensuring client security
  • MT4/MT5 trading platform is feature rich
  • High Leverage and Low Spreads
  • Bonus on deposit
  • Multiple Regulations from top regulatory bodies.    
  • Investments protected under the Financial Services Compensation Scheme.

HYCM Cons

HYCM is a well-rounded broker excelling in every department.

However, the broker needs to improve in certain aspects 

  • Traders from US are not accepted
  • Customer support can be slow sometimes
  • Competitor brokers offer proprietary trading platform.

Final Word: Is HYCM Scam Or Not?

This question pops up with every broker that you come across. Can I trust this broker? Will my funds be safe?

In the case of HYCM, we can confidently say that HYCM is not a scam broker. They are regulated by FCA, CySEC, and CIMA. These are top regulatory bodies that have strict policies.

Moreover, HYCM has been in the trading industry for more than 40 years, making them of the most trusted and experienced in this field.

Their deposits and withdrawals are quick and safe.

Their customer support is responsive and tries to solve any issue immediately. 

They offer MT4/MT5 trading, which is the preferred choice of many traders. We have seen positive reviews online and hardly any complaints.

For all your forex and CFD needs, you can choose HYCM as your trading partner.

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HighLow Review: Special Trading Assistant for Binary Options

Highlow Review - Binoption
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Overall Rating
4 Binoption HighLow
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HighLow Review: Special Trading Assistant for Binary Options

HighLow is a popular Australian broker which provides world-class service and assistance to its clients. In a short span of time, they have managed to become one of the leading binary options broker.

HighLow is owned and operated by HighLow Markets Pty. Ltd.

They offer training through “Quick Demo” service.

A new trader who does not know how binary options trading works or how to place a trade, HighLow’s demo trading can be a great help for him.

Besides, it has taken being regulated seriously which is the evidence of HighLow’s willingness to be committed and fair in terms of conducting business and providing service. 

In this review, we will go through the various key elements of this broker so you can be well-informed about their features.

HighLow Review - What Is HighLow?

Highlow Review - Binoption

High Capital Risk Is Involved In Financial Trading

HighLow is an Australian based broker which offers its service across the world including Europe, Asia, Africa and the Middle East.

It is regulated by ASIC and the registration number is 364264. Also, it has got its license from the Australian Securities & Investment Commission (ASIC).

License (AFSL – 364264).

It is rather very strict to take initiative against any kind of scam activity to ensure the highest service to the traders.

In order to provide the best service, it uses MarketsPulse platform.

We will discuss this proprietary platform later in our review.

HighLow boasts over 11 million trades per month. Their payouts are one of the highest with a lot of variety in options for their traders.

Why HighLow?

HighLow is a broker that is dedicated to providing excellent service to their traders. 

In an industry that is full of competition, HighLow manages to pull ahead of the pack. 

We believe these features will help a trader to take a decision whether to choose HighLow or not as his broker. These specific features are – 

  • Min Deposit AU $10 (For $AU Accounts) and US $50 (For $US Accounts)
  • Min Trade Size is AU/US $10
  • ASIC regulated broker
  • Up to 200% payout
  • Mobile trading enabled
  • Demo trading facility
  • Hassle-free withdrawals
  • Min Withdrawal $50
  • Quick Access funds
  • Cashback for new accounts
  • Segregated funds
  • Feature rich trading platform
  • 4 different types of options
  • Rich education section
  • Responsive customer support

HighLow Regulation

HighLow is one of the few brokers that are fully licensed and regulated. 

You can feel confident trading with them knowing your funds are secure. 

As mentioned above, HighLow is regulated in Australia and hold an ASFL (No.364264).

Their regulation is provided by ASIC, a strong reulatory body with stringent policies. 

Another notable thing about HighLow is that all their clients money are held in segregated accounts in Client Money Trust Accounts with National Australia Bank (NAB), a regulated Australian bank.

This segregation ensures clients money are used for hedging purposes by HighLow. 

 HighLow does not initiate speculative positions in the market nor has any exposure to corporate debt.

HighLow Login and Sign-up

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In this section, we will explain the sign-up and login process of HighLow broker.

HighLow Sign-up

The sign-up process of HighLow is quite simple and it takes only 3-5 minutes to get started.

These are the steps to sign-up for a real account: (No registration is required to use the demo account)

Visit the sign-up page by clicking the “Sign up” button below.

Provide the required details such as your country, full name, email address, and a password of your choice.

Next, you have to verify your profile by entering your complete address which incluses your street address, city, and state/province. 

Enter your date of birth and mobile number to complete the verification process.

Read the terms of agreement and comply with them and submit them.

The final step involves submitting a photo ID such as driver’s license/passport and a secondary ID such as bank statement or any utility bill.

HighLow Login

Once you have successfully completed the Sign-up process, you can login to your account.

You need to enter your userID or your email address and password to login to the platform.

In case you forget your password, you can retrieve it by providing your email.

SIGN UP WITH YOUR EMAIL

High Capital Risk Is Involved In Financial Trading

HighLow Option Types

Highlow Option Types - Binoption

HighLow offers 4 different types of options to their traders. 

This kind of versatility allows traders flexibility and choice.

Let’s take a look at the different types of options.

HighLow Options are the most common form of options trading. You can trade forex pairs, commodities, indices, and more. 

The payout percentage varies from 180% to 190%. This type of option is best suited for short-term investors who open small positions.

This type of options involves bid/ask spread, similar to that ofthe forex market. 

The payouts in spread highlow reach 200%, which is practically twice your investment. This type of options is suitable for traders who are large market movers expecting big payouts.

Turbo Options focuses on short time intervals ranging from 30 seconds to 5 minutes. Traders who can take advantage of shorter time intervals should take advantage of this option.

Turbo Spread is similar to highlow spread where the traders can enjoy maximum return (up to 200%). 

Large market movers will prefer this option type. 

HighLow Asset Index

Trading Asset List - Binoption

Currently, HighLow offers 34 different assets.  You can trade these assets as binary options in HighLow’s trading platform.

However, when you are trading turbo options and turbo spread, you only get to trade 7 currency pairs.

Let’s take a look at the different assets offered by HighLow

17 Currency Pairs

  • AUD/JPY
  • AUD/NZD
  • AUD/USD
  • CAD/JPY
  • CHF/JPY
  • EUR/AUD
  • EUR/GBP
  • EUR/JPY
  • EUR/USD
  • GBP/AUD,
  • GBP/JPY
  • GBP/USD
  • NZD/JPY
  • NZD/USD
  • USD/CAD
  • USD/CHF
  • USD/JPY

10 Indices

  • AUS200
  • HKG33
  • JPN225
  • UK100
  • US30
  • CHN50
  • FRA40
  • GER30
  • NAS100
  • SPX500

4 Cryptocurrencies

  • Bitcoin
  • Ripple
  • Ethereum
  • Litecoin

3 Commodities

  • GOLD
  • UKOIL
  • USOIL

HighLow Demo Account

HighLow offers quick demo to new traders.

You can try their demo account without even registering for an account. 

Anyone can try quick demo and learn binary options trading.

A trader will get the same taste, experience and thrill through this demo version.

Every demo account holder will be provided $10,000 virtual currency to place trade.

The demo platform is exactly similar to that of the real trading platform. Traders get access to all the trading assets as well as the features of the platform.

OPEN HIGHLOW DEMO ACCOUNT

High Capital Risk Is Involved In Financial Trading

HighLow Trading Platform Overview

Highlow Trading Platform - Binoption

Let’s discuss HighLow’s trading platform now.  They offer their proprietary trading platform which is available for both desktop and mobile.

We will disucss about mobile trading in a later section. For now, let’s take a look at the desktop app.

When you enter the web platform, you’ll be greeted with a good looking user interface. 

On the top, your account balance and cashback balance are displayed. 

Just below that, you have the option to choose from any of the 4 option types. Depending on your selection, your asset list will be displayed. 

The assets are sorted on the basis of expiry times.

The trading hours are from Monday 9:00am – Saturday 8:00am AEDT.

 

The expiry times offered are: 15 min, 1 hour, and 1 day. 

You can also favorite an asset so as to find it easily.

HighLow trading is a satisfying experience.

If you want to view all assets at once, click on the all assets and select from currencies, cryptos, indices, and commodities.

Under that. you will find the trading chart for the asset that you have selected.  

The time interval in the chart adjusts to the expiry time that you have opted. 

Placing a trade is quite simple in HighLow’s trading platform.

All you have to do is select your trade amount, click on the high or low button, and finally place your trade by clicking on the “Invest” button. 

The amount to be placed in the trade can be input manually or you can select the pre-defined values of $50, $100, and $500. 

Placing a trade has been made even easier with the help of one-click trading. You have to click on the green or red button to place your trade and that’s it.

In the bottom section, there is the current activity section which shows all your active trades.  Unfortunately, there is no option to view your past trades.

HighLow App - Mobile Trading

Highlow App Mobile Trading - Binoption

HighLow offers mobile trading to their users through their proprietary mobile app. 

The app is available for both Android and iOS.

The HighLow app which has all the necessary functions to place a binary options trade.

Specially, the way it has been designed provides a trader smooth using experience.

For Android, the android version must be at least 4.0.3.

For the iOS, the iOS version must be at least iOS 8.0 or later.

iPhone, iPad, and iPod Touch are the iOS devices that are supported.

GET THE HIGHLOW MOBILE APP

High Capital Risk Is Involved In Financial Trading

Cashbacks And Loyalty

HighLow offers cashbacks to their traders and rewards traders for their loyalty through HighLow points.

Here is some information on their cashback and loyalty program:

HighLow Cashbacks

Cashbacks are awards that are redeemed through trading. 

For new traders, HighLow offers $50 cashback to new traders who sign-up and make a deposit. 

The best thing about this system is that unlike most other brokers, you can withdraw the redeemed cashback amount. 

The cashback is not just limited to the sign-up process.  

You will be offered this cashback various times during trading such as during promotions or even depending on the volume. 

HighLow Loyalty

Cashback Points - Binoption

With the help of loyalty points, HighLow offer a loyalty program to their traders.

It doesn’t matter if you win trades or not, you will get loyalty points depending on your trade volume. 

You can trade these points for cashbacks. There are four tiers of the HighLow points program. They are on the basis of your trading volume:

Tier 1 – Player:

Trade amount: $0 to $9,999.00 

Loyalty points: 0

 

Tier 2 – Trader:

Trade amount: $10,000.00 to $19,999.00

Loyalty points: 3 points for every $10.00 traded

 

Tier 3 – Pro

Trade amount: $20,000.00 to $49,999.00

Loyalty points: 5 points for every $10.00 traded.

 

Tier 4 – Elite

Trade amount: $50,000.00+

Loyalty points: 10 points for every $10.00 traded. Maximum 50,000 points.

The cashback amount is calculated by dividing your loyalty points by 100.

HighLow Deposit and Withdrawal

HighLow Deposit

Deposit Method - Binoption

The minimum deposit is only $50 for global traders and $10 for Australian traders. and the minimum investment is only $10.

Maximum bonus is A$50 and  maximum return is 200%.

HighLow holds clients’ money in segregated trust accounts with National Australia Bank (NAB), an AA-rated top-tier bank

It does not use clients’ money for hedging.

The different methods of deposits are credit card, Neteller, Bank Transfers, and POLi bank transfer.

Both Mastercard and Visa are accepted. The minimum deposit amount is $50 and the maximum amount is $30,000.

The minimum deposit amount is $50 and the maximum amount is $20,000.

The minimum deposit amount is $10 and the maximum amount is $1,000,000. The transactions are processed after 12PM Sydney time.

The minimum deposit amount is $50 and the maximum amount is $20,000.

HighLow Withdrawal

Highlow Withdrawal Process - Binoption

There is no condition, limitation or binding regarding withdrawal.

There is no minimum withdrawal limitation in the case of bank transfer but for all other payment methods the minimum withdrawal is $50.

If a trader wants to cancel his account and withdraw all his money, he can do it without facing any trouble.

But one has to pay 1.5% withdrawal fee in the case of Neteller and Bank Transfers. 

Fair and transparent transaction is the aim of HighLow.

Any financial issue is resolved within possible time.

As it is regulated by ASIC, it follows regulations strictly.

If there is a problem any one finds he can report it to ASIC and seek help.

So, we can say dealing with HighLow is safe and secured.

Both Mastercard and Visa are accepted. The minimum withdrawal amount is $50 and the maximum amount is $10,000. The turnaround time is 3-5 days.

The minimum withdrawal amount is $50 and the maximum amount is $10,000. Withdrawal requests will be processed within one business day.

The minimum withdrawal amount is $10 and the maximum amount is $10,000. Withdrawal requests will be processed within one business day. Cancellation requests must be submitted by 12PM (AEDT).

Education

HighLow maintains and updates a blog named, “In The Money”. 

Through this blog, they aim to provide educational knowledge to their traders and help them form a profitable HighLow Strategy. 

The blog also contains tips, market news, asset news, and much more. 

You will find specific advise on specific trading instruments.

Topics like price cycle, bearish, strategies, trading tips, etc. are covered.

GET ACCESS TO EDUCATION CENTRE

High Capital Risk Is Involved In Financial Trading

Help and Support

Customer Support And Help - Binoption

As far as we know every broker is proactive regarding customer help and support.

HighLow is no exception.

It has a wide reputation in terms of support.

A trader can seek help through e-mail ([email protected]) and will get reply within possible time.

Anyone can ask for help through direct phone call.

Besides, website’s FAQ section is rich in content.

Lots of question and answer are given there to meet traders’ maximum query.

Honestly, we have not seen such richness in FAQ section earlier.

We think, a trader will know many things from reading FAQ.

Advantages

The main advantages of using this broker are:

  • Strong Australian regulation
  • Segregated accounts for clients
  • Cashbacks can be withdrawn
  • Newbie-friendly trading platform
  • Highest payouts in the industry
  • Variety in trading options
  • Excellent customer service

Drawbacks

HighLow is an exceptionally well-performing broker with an excellent trading platform. 

However, there are certain issues we faced when trading with broker. 

We would like them to improve on these areas and improve even more.

We present you few drawbacks of this broker:

  • Less than 40 trading assets
  • Trading Platform should have more features
  • Time chart is not variable

Final Word: Is HighLow Scam Or Not?

We are very pleased with HighLow broker’s performance and results.

In our testing, we found the trading experience to be pleasurable and unique. 

This is a broker that performs well on all aspects.

Their payouts exceed over 200% and this is one of their strongest points.

Although, we felt a little underwhelmed by the asset index. We would love to see more assets to be added in the future.

The deposits are instant and the withdrawals are quick.

We are pleased with their demo account as it closely resembles that of the real account. 

To conclude, if you are looking for a reliable broker that offers excellent binary options trading, look no further than HighLow.