Posted on

RM Academy – What’s Inside It

RM-Academy-Binoption

RM Academy - What's Inside It?

At RM we believe that everything is pretty easy, as long as you know how to approach things!
That’s why our main goal is easy and understandable education.

We provide our users with online video of Forex, Options and Crypto educational courses with a bunch of interactive tests to complete your knowledge in an exciting way!

Benefits Of RM Academy

– Daily Live sessions.
– Tons of educational material, video courses, and tests to complete your knowledge.
– RM referral structure where anyone can become an entrepreneur and transform RM into your own income source with partnership payouts of up to 1 Million Dollars a month!

Price:

  • $199 for the All-In-One package 
  • $150 for standard packages 
GET THE BEST DEAL

Live Session

RM Live sessions give you that same excitement as when you watch your favorite YouTuber or Twitch streamer. But in RM you learn how to trade, you gain new financial knowledge, and you improve your financial situation.

It is also worth mentioning that with Live sessions anyone can promote any broker to the whole academy at once. Increase your affiliate commission to a level you’ve never seen before!

By purchasing a subscription of any level, you get full access to all educational material of the purchased package and access to all features of RM.academy.

Referral Structure

But everything above sounds as if only newbies should join RM, but what do entrepreneurs get? What are the other uses of RM.academy?

That’s why we created our referral structure, which anyone can use to transform RM into your own income source!

Bring in new clients, create your own network, and receive partnership payouts from your active referrals.

As your number of active referrals grows, your level within the academy grows too. The higher the level, the higher your monthly payout. Each level has a fixed payout amount of up to 1,000,000.00 Dollars monthly payout.

Find Us

Review Referrals section in order to have a better idea on how much exactly YOU can make!
Or simply contact [email protected]

We await you at RM.academy!

Posted on

Deriv DMT5 : Deriv MetaTrader 5 Trading Platform Introduction Guide

Deriv MT5 Account - Binoption

Deriv DMT5 : Deriv MetaTrader 5 Trading Platform Introduction Guide

If you’re new to trading, you may be wondering what DMT5, or Deriv MT5, is and how it works. While most Meta Trader 5 users are new to Deriv MT5, most traders who have used Deriv Meta Trader 5 for a long time are unaware of all of its features.

When it comes to investment or trade, the market environment is ever-changing and can be complex. And, when you use DMT5, you will have access to several advanced features. It will save your time and money simultaneously.

To help you avoid all that…

We will show you how DMT5 works and some of the key features so you can decide whether or not it is the right trading platform for you.

Sounds good?

Let’s dive in…

What Is DMT5 or Deriv MetaTrader 5?

It has been said that a trading platform is like a Ferrari — the more you spend, the better it is.

The general MT5, or MetaTrader 5, is one of the most popular CFD platforms. Many platforms out there are too expensive and complex to use, making it difficult for investors to adapt to changes in market conditions. However, the platform should be easy to use and provide traders with the tools to trade profitably.

And with the Meta Trader 5 account will change your overall trading experience. It provides the simplest and most intuitive interface, helping you trade on the best market for your favorite instrument.

Also, numerous tools are there to help anyone on their investment journey. And the one Deriv offers is the Deriv DMT5 or Deriv MetaTrader 5 account. Additionally, the platform has a clear plan of action that is easy to understand and follow.

Apart from this, the trader will get various tools and services, including risk management, portfolio management, strategy analysis, market research, and news feed integration. These tools also allow traders to execute their own strategies and optimize their trading decisions based on a wide range of information.

Why Trade With Deriv MT5

The platform offers the most competitive deals that help traders achieve the highest results. Though most cases, the outcome depends on how traders plan the strategy. But a reliable platform or a regulated trading broker could make your trading journey smooth.

And Deriv Meta Trader 5 does exactly the same. It will make each trading day more profitable with different account types, and we will discuss this later in this article.

If you are looking for the benefits of an MT5 account, here are these:

  • Demo account facility
  • Multiple assets on a single platform
  • 24/7 trading
  • Regulated platform

You can use the demo account to get a feel for the interface. Even professionals use demo accounts to test out strategies before implementing them.  Using the single platform, taste the multiple assets with a 24/7 trading experience.

Deriv DMT5 Account Types

Deriv MT5 offers CFD trading on multiple financial markets with 3 different accounts. It includes a trading terminal where you can trade real CFDs and a demo version to try out the platform before buying.

Here is the list

Synthetic Account:

This account is the most popular one among the three. Traders trade CFDs on synthetic indices that simulate real-world market movement. We have discussed the whole process in our Deriv MT5 Synthetic account. From opening an account to the benefits, everything you will get to know if you go through the article.

Some basic information needs to be pointed out here as well. The maximum leverage is about 1:1000. That means you will get the opportunity to trade a maximum of $1000 without paying the full value of your position.

Except this,

  • Margin call 100%
  • Stop-out level 50%
  • Number of assets 20+

Financial Account:

With a financial account, you can trade major (standard & micro-lots), minor forex, stocks & stock indices, commodities, basket indices, and crypto with high leverage. Additionally, this trading account is beneficial for both beginners and advanced traders.

The features that you will get 

  • Maximum leverage 1:1000
  • Margin call 100%
  • Stop-out level 50%
  • Number of assets 150+

Financial STP Account:

The financial STP account is ideally suited for traders who want to trade more directly with the market. This account will allow you to trade popular currency pairs and cryptocurrencies with straight-through processing order (STP).

Moreover, more advanced traders, like news traders, can choose this account.

The features that you will get 

  • Maximum leverage 1:100
  • Margin call 100%
  • Stop-out level 50%
  • Number of assets 70+

Note that both Financial and Financial STP accounts offer forex and cryptocurrency trading. The main differences between these accounts are the maximum allowed leverage and the trade size – Financial STP lets you place larger trades but with smaller leverage.

How To Use Deriv DMT5 Account?

Basically, DMT5 is a trading platform that works as a bridge between a trader and the financial market. You can see the price movement via the dashboard.

But, there are 3 different ways the DMT5 platform can be used.

  • On a web terminal
  • Desktop App
  • Mobile Application

In order to start getting insights from Deriv, you’ll need to sign up for a deriv account. After that, open a separate DMT5 account and create your own customized dashboard.

It is mandatory to inform you that if you want to use the desktop or mobile app, you first need to download it here and then log into your account on Deriv.

To connect your MT5 desktop app to the Deriv server, follow these instructions:

  • The “File” tab will appear in the upper left corner of your screen.
  • Go to the ‘Open an account’ section by clicking the ‘Open an account button.
  • Click the ‘Deriv Limited’ menu.
  • Go to the box marked “Connect with an existing trading account” and enter the DMT5 login information there.
MT5 Desktop App-Binoption

To connect your MT5 mobile application to the Deriv server, follow these instructions:

  • Tap ‘Setting’ in the bottom right corner on iOS or 3 lines in the top left corner on Android devices.
  • Select ‘New account’ on iOS or tap ‘+’ on Android devices.
  • Select or type in ‘Deriv Limited’ from the broker’s list.
  • Enter your DMT5 credentials.

If you want a demo account, select the Deriv-Demo server on the desktop and mobile apps. On the other hand, if you want a regular account, select Deriv-Server.

In case you’re having login issues, use the same login ID and password as your MT5 dashboard on your mobile browser, or reset it.

You can trade on our web terminal by signing into your Deriv account and selecting DMT5 from the drop-down menu in the top left corner. Finally, fill out your Deriv MT5 credentials before trading.

Features Of Deriv Meta Trader 5

Well, if you are a web trader, then you will enjoy the platform fullest. The web app or desktop application provides the richest functionality in terms of features and tools. That does not mean you can do nothing with a mobile app.

Of course, you can, but the healthiest option is to use the desktop app to analyze the market without any barriers. Additionally, the screen size is a lot bigger than mobile. 

So, let’s have a look at what is inside the platform.

Upon logging into your DMT5 account, you’ll be presented with a comprehensive toolbar and a workspace in the platform interface.

For example, there is a list of all accessible assets (referred to as “symbols”), multiple chart formats and a drawing tool in the toolbar of MetaTrader 5. In order to make changes to your toolbar, simply pick the ‘Customize’ tab by right-clicking on an icon.

You will find a chart panel. The biggest difference between a normal platform and MT5 is that you can have 4 separate charts of different assets at once.

Amazing, right?

The market watch section will give you access to all assets available for trading and their live quotes. The trading panel may be found at the bottom of the platform. It will help you to keep track of your trades with this essential feature. Using this feature, you can maintain an organized and powerful trading journal. 

Open a free account

Final Words

The Deriv meta trader 5 is a great platform with advanced tools and features. We almost covered all in this article though words are limited to showcase the benefits. You will feel the necessity to use this platform once you try it. 

But, before spending your money, do not throw strategies without practicing them. So, use the demo to get the best result. 

Learn the reasons that make one a loser in trading.

Later, avoid those and make a good plan. Note that Deriv offers a demo account of $10,000.  

Posted on

How To Build Dbot – Deriv Trading Bot

How To Build Deriv Trading Bot - Binoption

Deriv Trading Bot - How To Build DBot; Your Automated Trusted Partner

Are you looking for the perfect guideline on how to build Dbot? Before that, let’s have a look at what a trading bot is.

A trading robot may be the perfect solution for taking your trade to the next level without sacrificing sleep or weekends! In contrast, according to some experts, automated robots are the best investments you can make for your financial career.

If so, then why not Dbot?

Dbot is one of the most famous robots on the market. It helps you make informed and profitable trades. 

So, if you want to trade the volatile markets, read this article to find out how to set up an automated bot.

What Is Dbot

Basically, an automated robot is a program that helps traders automate their strategies using computers. In one sentence, it is a tool to execute trades.

Also, a bot accounts for market dynamics. They are designed to improve your performance by exploiting price differences, forecasting trends, and anticipating moves in the market.

By automating your process, you can free up your time to focus on other essential tasks. And to become a successful trader, you need to invest in a quality automated binary robot.

That’s why we picked one that’s got thousands of genuine reviews. Apart from the beginners, experienced hands are also counting on this robot.

Furthermore, Dbot is a trustworthy and regulated binary options bot. If you want to trade with an automated bot that doesn’t require too much work, I’d recommend it. 

Read the review and learn more about Dbot.

How To Use Dbot

The exciting part is that, as a trader, you don’t need any prior experience. Anyone with any knowledge level could hit the dashboard. Setting up the bot requires only a few minutes. 

Let’s find out how Deriv’s DBot works. Just follow the 5 simple steps, and we will explain them more in the next part. 

  1. Select your asset
  2. Set purchase conditions
  3. Set restart conditions
  4. Run bot
  5. Check profit

How To Build DBot - Deriv Trading Bot

When people say it’s easy to build a bot, they aren’t joking around…

Deriv is a place for traders to have fun in the volatile market. Building Dbots isn’t complicated; they use a simple drag-and-drop builder. In my opinion, the interface is very well designed.

Especially for people like me who aren’t coders, the trading bot is invaluable.

Once you’ve got an account, you’ll see that Dbot allows traders to build bots by defining trade specifications in four blocks. These are labeled as “trade parameters,” “market,” “trade type,” and “contract type.”

Each block has different responsibilities. You need to pick the blocks and indicators that fit your regular strategy.

Additionally, you can load and customize from the “quick strategy” section. Moreover, you can build a unique and sophisticated algorithm using strategy, but you can use simple formulas.

Keep in mind that the information you enter will be turned into code to build your bot. The trading robot you build does the trading for you, so you don’t have to be glued to your computer all the time.

Let’s find out what elements you will get from each block.

1. Trade Parameters

It is the first block that you will find on the dashboard. Even more, you can drag it from the block menu. The trade parameters block has been divided into multiple sections. The first section is the market.

You will find four types of markets, including synthetic indexes, forex, stock indexes, and commodities, with multiple assets.

2. Trade Type

In the second section, trade types, you will find multiple trading types depending on the market.

There are many types of contracts. For example, you can choose the Touch/No Touch contract where you select Touch, No Touch, or both. The contract you select will determine which options are available in the purchase block.

Other trade parameters to be set include the chart’s timeframe and whether you want to restart trading when you incur a loss.

This section is designed for traders to define the contract’s parameters, such as prediction, desired time, barriers, etc.

3. Purchase Conditions

Let’s go to the second block. It is a mandatory block. 

After setting the first block, the trade parameters, traders may want to instruct the bot with another command. The instruction is mainly to purchase contracts if they meet any specific conditions. 

Well, in this block, traders will set the conditions for when the bot should buy contracts. To do that, you can use conditional blocks and indicator blocks to help your bot make decisions.

On the other hand, Dbot allows you to make as many purchase blocks as possible. And then use that block to purchase the specific contract. 

You may add multiple purchase blocks together with conditional blocks to define your purchase conditions. Moreover, this allows you to set conditions for purchase.

4. Sell Conditions

It is an optional block. So, you can add this block according to your preference. Mainly, sell conditions allow traders to set conditions for selling a contract before its expiration. 

Note that you can only set one copy of this block. Moreover, anyone can set conditions to sell at the market price if unfavorable market trends exist. 

5. Restart Trading Conditions

It is the last block. The block is set for traders to decide whether the bot should continue trades or not. Unfortunately, the block is only duplicated once.

Also, it is repeatedly used to fine-tune the parameters of your next trade and to enforce stop-loss and take-profit logic.

Moreover, the Trade Again block will transfer the control back to the Purchase conditions block. So, it enables you to purchase another contract without manually stopping and restarting your bot.

Open a demo account

Pre-set Strategies

Pre Set Strategies Dbot-Binoption

If you are new to the trading bot, the bot will help you to get a quick start. Click on the “Quick Strategy” button to open the pre-set strategy section. Note that it is not mandatory to use, but you can do it per your requirements.

You will find a list of 3 strategies, like

  • Martingale
  • D’Alembert
  • Oscar’s Grind

Here, you can select one, but before that, set the strategy block with the necessary data. You can choose from the menu with any selected strategies: asset, trade type, duration, maximum profit, maximum losses, and stake size.

Moreover, you can fully customize the block with your build strategy.

Conclusion

Well, we tried to describe the basic structure of building a Deriv bot. Now, it’s time to start a demo platform because they charge zero for practice trading. Follow the steps and run the bot.

Your profit will show you how beneficial the bot is.

Posted on

Deriv MT5 Synthetic Account Review – How To Setup DMT5 Account

Deriv MT5 Synthetic Account Review-Binoption

How To Setup Deriv Synthetic Indices Account? - Step By Step Guide

Do you know why the Deriv Synthetic Indices account allows you to get boundless profits? Though the answer is simple, we will hunt it down in the next phase. Before everything, let us draw a strong background.

Hopefully, you have heard about the Deriv Platform. The platform is most suitable for beginners as they carry a tiny knowledge of trading. To dig down more, you can read our updated review on the Deriv platform, which will showcase the benefits of using it.

On the other hand, the Binary.com platform’s users can easily switch to this brand-new platform that offers lots more than the previous one.

The Synthetic Indices mainly allows you to trade contracts for difference (CFDs) on different platforms like Dtrader, DMT5 etc  that mimic real-world movements. Also, you can trade this profitable asset class 24/7.

Let me explain more about the DMT5 account first before jumping to the principal part.Deriv Synthetic Indices

What Is Deriv MT5:

The full form of DMT5 is Deriv Meta Trader 5. Meta trader 5 is mainly a trading platform that is widely used by professional traders and beginners. However, if you a beginner, you must hold a clear concept before starting your trade.

You can read our MetaTrader-5 article that helps you acquire the platform’s basics and how it works.

From the Deriv home page, you will see the “Trade” button that showcases a small list of trading platforms. You can choose any of them, but experts highly recommend the mentioned one.

Yeah, you got us right. Must be, there are some incredible benefits attached. But what are these benefits that lead 80% of traders to choose this platform?

Stay with us till the end to know other magnificent advantages. We are starting with some major ones.

Why Trade With DMT5?

The primary benefit of using this platform is it will allow you to access multiple asset classes. Except this, you will also find notable strong points to gain something significant.

  • Quick demo account sign-up
  • 24/7 trading
  • Licensed and regulated
  • Flexible with multiple account types
  • 100+ tradeable assets

If you still on the mission to overlook the benefits, we must say it will be a substantial loss for you. Because over 330K traders choose this platform without having a second thought. So, keep moving forward with them to find the light that you are searching for.

Let’s drag you into the significant part that we have shared with you.

The Basics Of Deriv Synthetic Indices

Do you know how many years people traded Synthetic Indices? You won’t believe it if you have zero knowledge of this trading type.

Over ten years, traders have been traded synthetic indices with a proven track record. And Deriv is one of the powerful platforms that offers transparency toward traders.

Fortunately, you will be able to practice trading these markets with a demo account. So, you can see them in action without risking any money.

On the other hand, many experts recommend newbies to add this to their trading toolbox. No matter which trading assets you will pick, this market will bring you the maximum profit.

Advantages Of Synthetic Indices

Do you know how much capital you need to invest in trading this market? One hundred dollars or 50 dollars?

None of these are right. Start trading with low capital is possible, so; anyone can give a kick start. On the other hand, this market is entirely favorable for automated traders. Automated traders will get continuous quotes without any gaps.

Here comes the most remarkable part that traders frequently wanted to know before picking the lime. Yeah, again, you got me right. We design the portion with various advantages.

So, these are:

  • Deriv MT5 synthetic account offers high leverage and tight spreads
  • Are not affected by world events, real-world market, and liquidity risks
  • Trading synthetic indices on DTrader will help you to know your exact risk at the outset.
  • No negative balance
  • No subject to manipulation or fixing
  • Ability to choose a range of synthetic markets with lower or higher risk-reward characteristics
  • Synthetic indices are ideal for small and large traders.

Lastly, it is mandatory to mention that the Deriv platform already invested in heavy research & development before introducing this market in front of their existing and new clients.

Trade with Deriv

Available Platforms To Trade Deriv Synthetic Indices

Deriv does not allocate one platform to trade Synthetic Indices. Traders can pick other platforms to trade this market. However, Meta Trader 5 platform is highly dedicated to Synthetic Indices. 

At the same time, the platform notably offers an account named Synthetic Indices for traders. 

Unfortunately, some selected countries may have restrictions on trading Synthetic Indices on MT5. There is no commission charged by the Deriv platform; however, traders have to pay a minimum swap rate for an overnight position.  

Is DTrader Allows Trader To Trade Synthetic Index?

Yes, the trading platform allows traders to pick synthetic indices as their trading type. Moreover, the platform offers no nasty surprises or margin calls. So, trading through this platform is also profitable, like DMT5.

DTrader allows you to trade directly from the live chart. Choosing this platform also gives you a broader space to enjoy your daily profit list. You will have many choices starts from lower volatility to higher volatility.

You can enjoy the ups and downs of the trading market with strong money protection. That means if traders choose to trade digital options, there is a fixed payout and a fixed premium. So, it strictly limits the trading risk to your premium.

Are you worried about the contract length?

You will jump after hearing that you can also decide the length of the contract. The range mainly starts from ticks to seconds to days. With digital options, your trades settle automatically with no need to make a closing trade.

How To Setup The Deriv Synthetic Account (Demo)?

Before depositing, you need to open an account on the Deriv platform. Those who already have an account with a Binary.com broker can use the same credential to log into the dashboard.

However, to trade with DMT5, there are steps that you need to follow to set up the account. We are mentioned here to make your journey comfortable. However, the process is for demo account holders. 

Those who want to open a real account, please follow the procedure that we will mention below. Or, you can top up the amount from your demo account. 

~ Step 1:

After opening an account, a pop-up will appear on the screen where you can select your trading types. One is Margin trading, and another one is Options & Multipliers trading.

Select the Meta Trader 5 platform to finish the rest of the procedure. 

~ Step 2:

A new dashboard will appear with a list of three types of accounts. Select the Synthetic account & click on the “Add demo account” button. 

~ Step 3:

Choose a password for the demo Deriv MT5 Synthetic account. Remember, set a strong password to avoid any spam activities.

A unique Client ID will automatically create that you can use at your next login time.  

~ Step 4:

A screen will show up from where you can top up to open a real account. Finally, the dashboard is ready for you to trade the most profitable trading market. 

Open a demo account

How To Setup The Real Deriv Synthetic Indices Account?

The opening procedure is just a cup of tea for traders. However, it is recommended to follow the process to avoid mistakes. 

Here, we are not using any real data to showcase the line of action. 

Moreover, no minimum deposit amount requires to open an account. On the other hand, the minimum trade size is 0.001. 

Is Binary.com Allows Synthetic Indicies Trading?

Huh, without any second thought. Binary.com is the oldest trading platform before rebranding this as Deriv. So, trading with synthetic indices also possible through Binary.com. 

However, they have recommended this for expert traders. However, because of regulatory requirements, synthetic indices are not available in

Australia, France, Germany, Greece, Italy, Luxembourg, Singapore, and Spain.

Final Words

The MT5 platform has a wide range of trading tools & indicators that help traders analyze the market more precisely. At the same time, traders can trade the stimulated markets, which are available to trade 24/7. 

After rebranding, the platform is showcasing various opportunities to investors and traders. Even you can enjoy both flexible & variable spread facilities. 

The overall experience will be great unquestionably. So, start your first trade with the Deriv platform to trade the most widespread trading market.

 

Posted on

How To Be An Expert Trader In Binary Options Trading

How To Become An Expert Trader-Binoption

How To Be An Expert Trader In Binary Options Trading (FREE Incredible Guideline)

Do you know, every day, over thousands of investors are struggling to become an expert trader? According to the financial data, out of 100, approximately 30 account holders can generate a significant amount of profits in the binary world. 

Not Bad, Right? 

If not, then why do you want to become an expert trader? 

Binoption team highlighted that question in two different traders’ groups. We found exactly the answer we expected. Let us share with you one response from those investors. 

Mr. Bob, a beginner trader, stated that,

I was looking for a passive income. I heard about binary options. People who introduced me to this form had a great misconception. Binary Options is not a quick money solution. Beyond doubt, with binary options, you can make a spotless trading day. It’s all about strategy.

Yes, it is.  

If you are looking for one of the fascinating trading forms, undoubtedly, the best one is binary options. Moreover, anyone can trade this form with limited trading experience. But a shortage of proper trading knowledge won’t help you earn a gigantic figure. 

In this article, we will list the most authoritative checklist on how to become an expert trader with FREE incredible guidelines. You need to spot these features to make a bland trading journey. 

How To Become An Expert Trader

There are no sticky rules that will work for all. Yet some fundamental cheat-sheet will keep your trade alive. If you’re new to this binary world, read the introduction of binary option trading to get to know the enormous benefits. 

Also, the pleasantest part is that I will give you a quick note on binary trading here. So our readers can pick the remarkable notes to smooth their trading journey. 

The investors mainly have just two options; “Call” or “Put.” Traders select the ‘Call’ option when the price expects to shoot up. Similarly, when the value of the trading instruments demands to go down, traders consider the “put” options.

On the other hand, on the expiry date, trading brokers use the weighted average method. Because of that, brokers can avoid global market price manipulation.

Moreover, it prevents the market from being controlled by a single broker. Thus, it also helps to provide reliable and accurate trade prices. 

The financial market is volatile, even though stability is not constant throughout time. Every trader should be able to predict the future and invest accordingly. The accurate forecasting is only possible if you know how to place an order in binary options at the end.

Unstoppable Profits With 6 FREE Incredible Tips

90% of traders lose money in trading, So, how to be in the top 10%?

Now come to the best part. 

I already recommended two articles, which will give you a general idea of binary options trading. Must read those articles before finding out the life-changing tricks of a professional trader. 

Are you excited about reaching out to those magic guidelines?

I don’t know about you. But I am screaming because it is time to reveal six incredible tips which will make you an expert binary trade.

1. Understand The Trading Basic:

The goal of a successful trader is to make the best trades; money is secondary.

-Alexander Elder

I mentioned above that only 10% of traders are successfully avoiding lousy trading habits. Well, there are remarkably many that you need to consider becoming an expert. Understanding the basics of trading is one of them. 

Theoretical knowledge is essential, but it is a must that one should apply in a reliable platform. Go through this compelling article to know what makes a trading platform legit and trustworthy.  

Learning is the best way to understand the market. Moreover, you have to look after all the elements that associate with trades. 

But how long does it take to learn to trade?

For traders, instant gratification isn’t the perfect solution. To become a successful trader, it often takes over 2 to 3 years. So it is not an effortless task to be a professional. Moreover, it will also depend on trading types. 

Here is the list of the factual information that requires to follow: 

  • Basics of the market 
  • Technical and fundamental analysis
  • Risk management
  • How to improve the trading psychology
  • Trading order and how to place them 
  • Trading hours
  • Method and trading strategy

Choosing the right trading asset is also essential since you can get the highest return ratio from the appropriate instrument.

2. Overtrading Can Suck Your Blood:

Overtrading Can Suck Blood-Binoption

Have you seen the supernatural drama, Vampire Diary? Maybe mass people don’t find any magic in this drama. But I do.

Do you know why? Because the drama helps me to rescue my entire brain from drying up. 

But in the investment sector, you will see the other part of the coin. Here, over trading gives you a gluey feeling that one can merely brush off from the trading discipline. Both great and small investors become the victim of this general error. 

Mainly it is a process where traders perform excessive trades that makes them powerless. Even the vanishing spell won’t work if you don’t know how to hold the magic wand. 

When you have a solution, do not fear staying in the field. The better approach is to review the exciting factors to avoid unsound practices. Moreover, over-trading can lead to poor results. So, entangle your trading plan with elaborate goals and motivation.

3. Just Hold Your Horses:

No, it is not the right place to teach you how to ride a horse. If you are seeking rewards for a trading plan, you are in the ideal spot.  So read the phase precisely and put pen to paper as often as possible. According to the statement of Warren Buffet, 
Risk comes from not knowing what you’re doing.
Traders take risk unconsciously when they want to take out a bigger pie from the market. Besides, taking precautions is unavoidable because trading always carries a higher risk.  A trading plan is a combination of your daily trade routine and a well-set journal. The “roadmap” is the best possible word that directly goes with a trading plan. Having a trading plan will serve several benefits.  Spotted all the advantages here would be a foolish decision. I can only point out the major ones that one should remember the entire trading life. 
  • Reducing stress 
  • Remove trading emotions 
  • Allows one to overcome the over trading habits
  • Develop a structural trading behaviour 
However, if I illustrate my personal experience with you, it usually takes over 3 hours to draw up a trading plan. Starting a day without a plan will cause you to spend more time in front of the price chart.  Remember, shortening the screen time can make a big difference in your investment decision. Moreover, the trading plan helps you to overcome the most common and alarming problems.

4. The Essence of Trading Psychology:

Trading Psychology-Binoption

You can watch me, mock me, try to block me, but you can’t stop me.

It is my favorite quote that I took from a famous movie, “The Wolf Of Wall-Street.” Somehow, it nicely relates to this topic. 

Surprisingly, we traders can hardly dominate our trading emotions. However, positive emotions can bring prosperity in the long-term trading journey. 

On the other side, expert investors have the desire to explore the market’s acidic flavor.

But how they do it so evenly? 

To know the secret, break your car and take a reverse. Reread the first point before digging the hole. 

Trading psychology mainly indicates traders’ behavior. It is a critical process that divides into many stages. Besides, each psychological impression profoundly connects with traders that help to evaluate the performance. 

Ask me what motivational spice I love the most to avoid trading emotion? 

Simply nothing. 

You can only power up your financial journey by following inspirational trading quotes. But the successful traders always have a grip on the four strongest emotions in trading psychology. 

  • FOMO 
  • Fear 
  • Greed 
  • Hope

Besides, draw a straight line between you and the market if you want to be a master in trading psychology. Never take the pressure that markets want to give on you. I hope the following quote will help you to light up your inner persuasion.

If you can learn to create a state of mind that is not affected by the market’s behavior, the struggle will cease to exist.

– Mark Douglas

On the other hand, continuously testing strategies through a demo account will nourish your emotional state. Underline that do not use the practice account to overtrade.

5. Keep A Note Under Your Pillow:

The title reminds me of those days that I left behind. I have habitually kept a journal with me from a young age. Surprisingly, this habit made a revolutionary change in my trading career. 

Maintaining a journal at the end of each trade will never enhance your burning sensation. A trading journal is the best tool to keep a log with all activities. 

But is there any difference between a dear diary and a trading journal? 

Of course. There are significant differences between these two things. Naturally, a trading journal is a bookkeeping solution that includes your trading plan, strategies, history, and data. 

Besides, in a dear diary, you can write whatever you want, from a sweet memory to a rotten one. Similarly, a trading log helps you to grasp all your bitter performances with the rich one, but in an organized way. 

What are the methods to keep data in one place?

In a word, “many.” You can choose any online note-taking tools, including excel and Google Doc. Just put your day-to-day trading activities to heighten the performance. 

Not only the performance, but a trading journal also increases the trader’s discipline and poor performance. If you are looking for the benefits in an assembled form, please go through this life-changing article. 

Lastly, do not forget to include all your trading mistakes. Write it down, because nothing inside your journal is too dumb to document.

6. 90% Attitude & 10% Ability:

Trading Attitude Traders Ability-Binoption

This part is a little similar to trading psychology. However, you can easily differentiate if you give a closer look into it. But, before that, why don’t we start with a quote that reflects the right trading attitude? 

Confidence is not “I will profit on this trade.” Confidence is “I will be fine if I don’t profit from this trade.”

                          ― Yvan Byeajee

According to Yvan, traders must hold the appropriate attitude against or for the market if they want a significant outcome. He tried to deliver the essence of trading through this quote. 

Remember, the trading market is entirely neutral. So, blame yourself before cursing the market movement.

7. Understand Market Conditions:

What comes in your mind in the first place after hearing the word “market condition”?

Different people will interpret the word in different ways. But the inner meaning is the same. 

Let me share one of my experiences with you. When I was a beginner trader, I used to place trades without properly maintaining an economic calendar because I was desperately running behind money. 

After a while, the horrible trading days brought the light in my life. Moreover, the capability to recognize and interpret various market conditions is one of the crucial factors. I understood that having excellent analytical skills can benefit you in several ways. 

Through analysis, if traders can forecast futuristic changes, then the success of trading lies in the same. Apart from the strategies, some tips and tricks employ various traders to succeed in the trading environment.

Because here, each day is unique. 

Applying the same strategies at all market conditions will lead to the failure of the trade. Similarly, using the same strategy for all types of trades will also affect the trade’s winning status.

Never Say Goodbye

It is hard to accept when your trading device loses against the market. On the other hand, it is reasonable that everyone wants results right away.

But in binary options trading, a lot of patience and persistence is the ladder of your success.
Expecting things to happen overnight is more likely than trying to be greedy for money. A trader should stick to longer expiry dates to gain maximum compensations.

The longer you are in a steady trade, the more the return on your investment will be. Continuously keep a check on your emotions. Never let emotions take control over the trade strategies.

It will lead to a fall in performance or will lead to making decisions that are not logical.

Posted on

BinaryCent Infographic – So Simple Platform Even Your Kids Can Trade

BinaryCent Review-Binoption

BinaryCent Broker Infographic: Get All Information Via Infographic Image

BinaryCent is an offshore trading broker platform that offers Forex, CFDs, and Options trading type for traders. User-friendly trading platform with multiple trading features makes this broker acceptable by many traders. 

The company is operated by Cent Projects Ltd. Moreover, BinaryCent is a regulated and licensed broker. We will mention some key features here with the help of an infographic. 

For a detailed review, you can check our authentic BinaryCent review article. 

Infographic On BinaryCent Broker

BinaryCent Review Infographic-Binoption
Start trading with Binarycent

High Capital Risk Is Involved In Financial Trading

We have already mentioned that the broker is regulated. More than 100 trading instrument is available to trade forex and options. Unfortunately, USA traders are not allowed to open a trade position by using BinaryCent platform. 

Moreover, traders can avail trading bonuses depending on the account type. With the copy-trading facility, there are more than 10 remarkable features available.

We will mention here some key features that you can’t avoid: 

  • Minimum deposit $250
  • Maximum return 95%
  • Leverage up to 1:100
  • Minimum spread 1.0 pip
  • Minimum spread 1.0 pip

You have to deposit an initial amount, though the demo trading facility is available to test the platform. 

Account verification is needed if you want to withdraw your profits from a live account. 

BinaryCent offers 3 different account types. You can choose based on your trading skills. 

  • Bronze
  • Silver
  • Gold

The deposit amount is not the same for all types of accounts. The minimum deposit starts from $250. For mobile trading, you can download apps from the Google Play Store or Apple’s App Store.

Advantages And Disadvantages

Advantages are must to review before choosing a broker. Here are the most noticeable advantages of BinaryCent:

  • Withdrawal within 1 hour
  • Weekend trading
  • 100% data security 
  • Dedicated customer support
  • Copy Trading

On the other hand, We have seen a few drawbacks of this broker like – 

  • Information lacking on the website
  • No free demo account
  • High initial deposit 

However, the trading broker is relatively new in the financial market with multiple trading types, but you can rely on them. 

Posted on

Manual Trading Vs Automated Trading – Is AutoTrading Profitable?

Manual Trading VS Automated Trading-Binoption

Manual Trading Vs Automated Trading: Is Automated Trading More Profitable Than Manual Trading?

Manual vs automated trading. Which one is more profitable? To know the truth that you are searching for, read this article till the end. 

Automated trading is not inherently profitable than manual trading. But definitely, it is more profitable than manual trading. For an investor, investment is a process where automated trading or automation is a logical conclusion.  

In automated trading, the risk is yours. One wrong move can make you helpless. However, all sort of investment carries a high risk for traders.

On the other hand, trading via automated software can go fast or slow. It also depends on the robustness of your design. Additionally, a robot is not something that you can do over a week. Operating a robot software without strategy is like you are sitting in a car without a steering wheel, accelerator, or brake pedals.

We will break down each part precisely so that we can draw an outline in front of our traders. Let’s start with a small introduction to manual trading and automated trading.

Manual Trading Vs Automated Trading

Discover the biggest truth of Manual trading vs automated trading. Manual trading allows for greater control and decision-making based on market analysis, while automated trading utilizes algorithms to execute trades based on predetermined criteria. Both approaches have their advantages and drawbacks.

Understanding those can help traders choose the most suitable method for their trading goals and preferences.

What Is Automated Trading

What Is Automated Trading Software - Binoption

Automated trading is a program that generates profits depending on market analysis. Trading robots work on behalf of traders. Algorithmic trading also allows traders to set specific trading rules. Once programmed, trades will be automatically executed via a trading device.

Trading robots monitor asset price movements and carry out trades according to the preset rules. However, you have to find the perfect trading system for automated trading. Below, we have listed some ideal trading software that guarantees profits.

The automated trading bot works based on the command. Either you can input data after analyzing the market or use the built-in settings. You don’t need to sit in front of the monitor after giving the direction. The trading system will trade without emotion. 

It is simple to operate but not easy. The simplicity of a bot is, one can even use who do not understand its sophistication. It must take time, time, dedication, attention to design a profitable booming trading system. 

What Is Manual Trading

Human decisions involve in manual trading. It’s a process where traders and investors input their strategy by using different charts and tools manually. Traders, when entered into the financial market by a human, is counted as manual trading. That means you are sitting in front of your computer or mobile for opening and closing trades by the click of a mouse. 

Additionally, sometimes manual traders assisted by trading software in making their trading decisions. But most of the time in manual trading, traders analyze the market and place buy or sell orders manually. 

On the other hand, a trading analysis is mandatory for traders to find out when to trade and what to trade. In manual trading, experienced traders use technical analysis and fundamental analysis to build a profitable trading analysis. 

Why Traders Fail With Automated Software

Why Auto Trader Fail-Binoption

Not only the best binary options robot but also automated trading is highly attractive by novice traders who are still learning how to trade in binary options. It is also popular because it does almost all trading works. Thus, trading emotions are not completely involved with automated trading, but traders often fail for some reason.

The way traders designed a profitable trading system is fully counter-intuitive. People think of the best possible outcome when they design a strategy.

On the other hand, you need to design automated strategies with failure in mind always.

The other part of that you can’t overlook which is not involving much with the trading world. It is wise not to rely upon the trading robot fully. The robot has less supervision power than a human. Because an auto-trading requires a pre-determined strategy.

So, for the best result and profitable outcome, a trader must have to analyze the market movement before running the trading software. Generally, when people think about failures, they think about stop losses or blow-up accounts. It is not the main issue of your failure.

Why 90% Of Traders Fail In Manual Trading

A manual trader generally makes a way to buy and sell trading positions depending on the asset price movement. They carry out trades based on their own abilities. But 90% of traders are still accepting their failure.

In this phase, our mission is to help our readers overcome the failure and achieve the best profitable outcome. However, the reasons will vary traders to traders, but these are the primary cause of failure.

Backtesting:

You may hear about the demo account. A demo account mostly used by traders to test the platform before trading live. Not only to test the platform, but it is also necessary to build a strategy. On the other hand, backtesting is not only for automated traders, but manual traders should also do it. It will show you what to expect from a strategy and give you a trading database to compare your live trading results.

To learn the importance of a demo account, you can read this complete demo trading guide.

Lack Of Education:

Lack of trading education can be another reason for failure. Success in trading depends on how much you have learned before performing the first trade.

It is a serious business, you have to get the best education possible. With the help of trading knowledge, you can improve your trading skills. Moreover, it is a magic wand to make constant profits.

Trading Emotion:

Trading emotion is a personal feeling. Moreover, it has an impact on decision making. Bringing emotions into trading is a bad idea, but sometimes it is helpful for traders.

Unfortunately, traders allow emotions to take over their trading. Removing emotion from trading is not easy. It is the most difficult thing for traders.

Money Management:

Money management is the key to success, especially when the market gets volatile. By following this rule, one can save their funds. Risk management is mostly necessary for traders who trade with leverage. In binary options trading, traders do not use leverage to execute trades. 

On the other hand, as per rule, traders are recommended to invest 2% of the money from the capital. It also ensures the long-term sustainable return from binary options. 

Trading Plan:

The trading plan is a guideline for traders on how to trade and when to trade. A basic trading plan includes entry and exit point of each trades, trading time zone, and market movement. 

Moreover, a trader will decide either he will make a short term trading plan or a long term trading plan depending on his trading nature. 

Is Automated Trading Profitable?

Is Automated Trading Profitable-Binoption

Trading profitability depends on the strategy that once makes to place an order. Either you do manual trading or Algo trading, a trading strategy is a first and foremost thing for traders.

You can grow account instantly by an auto trading system. But it is not always profitable for those traders who are too lazy to research the market. Note that the trading robot itself is not successful without the correct strategy.

Anyone can create trading bots according to the market movement. You don’t have to be a programmer to run a bot. Moreover, you can only bring a profitable trading environment if you follow these rules: 

  • Analyze the trading market with the help of the economic calendar. 
  • Do not execute more than 1 trade per day
  • Avoid high volatility market
  • Do not fully rely on trading robots

Best Automated Binary Options Trading System For 2020

In the options world, you will find many binary options trading robot. As these robots are not regulated by any regulatory bodies, so it is difficult for novice traders to find legit automated trading software. 

On the other hand, all trading bots will not perform the same all the time. So, based on the performance, results, and profitability, we have selected these below trading bots BinBot Pro, Binary.com Auto trading Bot, and DaxRobot.

BinBot Pro

$ 250 Minimum Deposit
  • Returns up to 90%
  • Demo Account: Yes
  • Robot Profitability:300%
Open Account

Binary.com Bot

$ 5 Minimum Deposit
  • Returns up to 80%
  • Demo Account: Yes
  • Regulated and Trusted
Open Account

DaxRobot

$ 250 Minimum Deposit
  • Returns depends on trader
  • Demo Account: Yes
  • Fully Automated Bot
Open Account

Best Brokers In 2020 For Manual Trading

As we have already mentioned before, the human decision involved in manual trading. So, picking the right trading broker is the first for traders. 

The broker must be regulated. We are recommending the top and best trading brokers for 2020, depending on the current trading results and performance.

Binary.com, IQ Option, and BinaryCent are leading the binary market. These brokers are regulated and offer various features for traders. 

Binary.com

$ 5 Minimum Deposit
  • Regulated: Yes
  • Maximum Payout: 100%
  • Demo Account: Yes
Open Account

IQ Option

$ 10 Minimum Deposit
  • Regulated: Yes
  • Maximum Payout: 93%
  • Demo Account: Yes
Open Account

BinaryCent

$ 250 Minimum Deposit
  • Regulated: Yes
  • Maximum Payout: 95%
  • Demo Account: Yes (Paid)
Open Account

Manual Vs Automated Trading

We will find some minor differences between manual trading and automated trading. Both trading types are profitable if you have prior knowledge of trading. But the question that you want to know which trading method is more profitable? 

Certainly, there are some advantages and disadvantages to both methods. The hardest challenge that many manual traders faced is to trading psychology. For traders, it’s nearly impossible to stay calm and rational in the loss period as well as the profitable period. 

Traders often failed to follow simple rules that lead to the destruction of many trading accounts. For these cases, people prefer automated robots. 

But think logically, if you are unable to follow your rules using manual trading, is it going to be any different when trading with robots? So, stick on your rules and never ever doubt your robots. 

On the other hand, the trading market is unpredictable and shifts constantly. In particular circumstances, the robot isn’t able to react as a human does. You can also consider that manual trading is time-consuming. 

A lot of traders unable to spend countless hours in front of the trading monitor as they have day jobs. The bottom line is that either you trade manually or an automation system, it is more important how you execute your trading plan. And also what logic behind your trading plan. 

If your trading plan and strategy flawed in the first place, it doesn’t matter either you are a manual trader or an automated trader. 

Advantages Of Binary Trading Bot

An automated trading bot whether it for binary options or other trading assets provides multiple benefits: 

  • No trading emotion is involved
  • Trade at the best possible prices
  • Instant and accurate placement of the trade order.
  • Low transaction cost
  • An automated free signal generator
  • The trading bot saves time
  • More accurate than manual trading
  • Improve trading diversification

Final Words

Finally, the manual trader mindset is different than an Autotrader. You have to trust the system and its performance. Another good news is that you can monitor the market on your flexible time. However, it is best to select a time -frame.

After being an Autotrader, now I can go out and drink some coffee or tea or both, while the machine keeps trading on behalf of me. I can also enjoy my favourite tv shows in the middle of trading. It is an incomparable feeling of freedom. 

You can also enjoy your life like mine!!

Posted on

Binary Options For USA – A Complete Guide For The USA Traders

Binary Options Trading In USA-Binoption

Binary Options For USA - A Complete Guide For Traders On Binary Options Trading In The USA

Trading Binary Options For USA is quite different from other countries. Not only the regulation but also other information like brokers, trading time frame, assets list, etc. are entirely different from another region.

In the trading world, trading binary options is not a new concept. Moreover, the trading type is legal in the US, but not completely. On the other hand, trading with a legitimate offshore broker or US located broker is compulsory for traders.

In 2008, binary options launched for the USA retail traders. Moreover, trading exotic options is possible on a wide range of trading instruments.

So, this article is a strong source for existing US traders, and also for them who want to trade binary options. We will cover this article with all necessary materials like regulatory bodies, how to choose the right broker, when to open a trade, and others.

Now, we will start with a short introductory phase to make you familiar with the term of binary options.

Binary Options Trading Definition

Trading binary options is a simple and easy way to make money. The simplicity is that you know what will happen before placing a trade. It has two outcome- all or nothing.

Furthermore, it illustrates whether you will earn money with the right prediction, or will lose all. At the same time, the payout percentage will depend on the asset types, expiry time, and strike price. 

But you can see the approximate payout percentage rate from the asset list. Remember, “greater the price movement, higher the payout”.

To know more about binary options, you can read the article of what are the binary options. Eventually, the mentioned article is designed for novice traders. 

Is Binary Options Legal In The USA

Is Binary Options Legal In The USA-Binoption

Recently, the US binary market is expanding after following regulatory rules by SEC and CFTC.

As we mentioned before, binary options are not completely legal for the USA traders. But, people can trade binary options with the help of US regulated brokers. As a trader, you can only trade exchange-listed assets in the US market. 

Here, it needs to mention that both offshore and domestic brokers can run their services if they follow proper rules and regulations. However, as per the rule of CFTC, trading with an offshore broker will consider as online gambling. So, online gambling is illegal and prohibited for traders.

In 1973, first Binary Options was introduced in the Over the Counter Market (OTC). In that time, the contract was widely traded by institutions. We will also discuss the regulation information later in this article.

Why Regulation Is Important For Binary Traders

Many countries do not accept binary options. So it is important to verify the platform before investing money. Furthermore, the regulation is not only essential but also require for traders.

To make trader’s every transaction safe and secure, brokers need to follow rules and regulations allocated by the regulatory body.

At the same time, to be a regulated broker, you have to collect licenses from regulatory bodies.
The fact is, not every country has the same regulatory rules. So, apart from the safe transaction, a legitimate broker will also give you safety guard on funds, traders confidential information, offers, and many more.

It is recommended for all traders not to attract by lucrative offers and bonuses offering by brokers. On the other hand, a regulated broker will also give you peace of mind.

Moreover, a trader will place trades without any stress of illegal and fraudulent activities. Brokers will also offer you experienced trading professionals with dedicated customer support.

Signs Of A Scam Broker

Finding a scam broker is not a hard task for professional binary traders. But it may be hard for novice traders. 

However, you can identify an unregulated broker’s platform with a zero effort. Simply, you have to check some factors to see either the broker platform is trusted or a scam. 

We will disclose some points to make your task easy. Go through these below points:

  • High payout percentage with a guarantee
  • The expiry time is very limited
  • Try to build trust with a high-pressure sales speech
  • No risk promises
  • Interbank market trading
  • Exclusive offers

Be aware of these scammers who will try to charm you with their exclusive offers and promises. Moreover, you will not find any detailed information through websites. 

So, try not to take a questionable investing decision. In the next phase, we will talk about some factors that help you to choose a broker.

How To Choose Binary Options Brokers For The USA

In 2008, binary options were available to the retail market after approving by the Securities and Exchange Commission (SEC). But many traders who are still new in this field are quite confused about how to choose a broker or which factor do they need to justify.

As we already mentioned, finding an international broker is not wise for the USA traders. As the USA is highly restricted for the regulation purpose, many broker’s platforms are moved their business to other countries.

To choose a platform, you need to consider the below factors. These are:

  • Is the broker properly regulated or not?
  • Trading assets are approved by SEC
  • No free money or bonus offer
  • Available mobile application
  • Check the broker’s overall reputation with customer review.
  • Whether they have a demo account or not. 
  • Read the FAQ section with terms and conditions
  • Experienced and quality customer care executive
  • Number of trading instruments
  • Types of trading accounts and payout ratio

Factors That Consider For Non-US Binary Options Broker

It is not illegal to trade with non-USA brokers, but those brokers are not subjected to US laws. 

Not all binary brokers accept the USA citizen. So, check whether they provide service toward the USA traders or not. Apart from this, it is mentionable to look at their platform and asset types. Moreover, check out their reputation and regulation by reading the broker’s reviews. 

You can also check our binary broker’s list to find out either they are accepting US traders or not. 

Binary Options Trading In The USA

Brokers from the USA does not allow any types of trading bonus. Because the regulatory body is strictly against providing any free money. You can make money based on your investment strategy.

Instead of offering bonuses, they offer various trading promotions, rebates, and other trading programs. On the other hand, a few exchanges offer both fixed and variable payout.

In the USA, binary options trading mainly evaluates by two regulatory and authorized bodies. The fact is, the trading platform must be registered and regulated under the Commodities and Futures Trading Commission (CFTC). On top of that, the underlying assets must be listed under the securities and Exchange Commission (SEC).

In our next phase, we will give a short introduction of these two regulatory and legal federal government agencies.

What Is The Commodities And Futures Trading Commission (CFTC)

In one sentence, CFTC is a regulatory body in the US for Binary Options contract. To trade binary options, you have to follow strict terms and conditions authorized by CFTC. It was established by the Commodity Futures Trading Commission Act of 1974.

The mission of this agency is to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. 

In recent days, you will find a lot of online trading platforms. These platforms show themselves as a money-making machine with profitable features. On the other hand, CFTC has received numerous complaints through investors on some online binary trading platforms.

The major complaints are:

  • Broker refused to credit customer’s account
  • Refused to refund funds to customers
  • Identity misuse
  • Manipulate software to generate losing trades

The agency closely handles any kind of fraudulent activates obtained by brokers. Traders from the USA can submit a tip if you have been victimized by an unregistered binary options trading platform.

Moreover, you can use CFTC SmartCheck to find out whether the financial broker is properly registered or not.

What Is The Securities And Exchange Commission (SEC)

Securities And Exchange Commission-Binoption

Securities and Exchange Commission (SEC) is an independent federal government agency. The responsibility of SEC is to protect investors, maintain fair, orderly, and facilitate capital formation. It was created by the Congress Government as a result of the Securities Act of 1934.

The primary function of this agency is to inspect different financial organizations. It also ensures either the company is providing truthful information and statements to their trader about their business or they scam people.

Moreover, SEC takes legal steps for those companies who violate the federal securities laws through other illegal conduct.

These are:

  • Selling securities that have not been registered with the SEC
  • Unregistered brokers
  • Operating an unregistered exchange
  • Fraud or misrepresentation of information to investors

A binary broker can only be listed as a registered broker in the US market if they put below three matrices together:

  • Offering assets are listed by SEC
  • Platform registered as a trading exchange
  • Broker itself is registered as a designated derivatives contract market

Lastly, brokers can conclude their platform as a registered one, after following the above criteria. Because after fulfilling these conditions, you will able to get a license from CFTC.

Minimum Deposit For The US Traders

There is no particular initial deposit amount for US traders. The initial deposit amount will depend on the trading or exchange platform. However, you can deposit as low as $5.

Moreover, a low deposit amount is a great choice for novice traders. Because some binary options broker does not offer a demo account to practice trades. 

So, choosing a low deposit regulated broker is a good way to start trading. 

Precautions For Binary Options USA Traders

It is not wise to invest something that you have zero knowledge. Try not to purchase any contracts from a person or entities. Because they are not registered with the US regulatory bodies.

Before investing in binary options, you should take these below precautions:

  • Check whether the platform has offered or sale trading instruments that are registered by the SEC or not.
  • Either the platform is registered itself as an exchange, or regular unregulated online platform
  • Check on the CFTC website to see if the binary options trading platform is a designated contract market.

Conclusion

Lastly, most of the USA platforms are not properly regulated. Moreover, the US welcomes those brokers platforms which are not even regulated by ASIC and CySEC. So, traders have to be more cautious while choosing a platform. 

Do your research properly before opening an account. However, traders from other countries or NON-USA can have a look at our best-regulated broker’s comparison list to get more information regarding different brokers.

Read the terms and conditions of each broker. Remember, it is the best way to collect quality information. 

Posted on

Binary Options Demo Account – 7 Killer Tips To Master In Trading

Binary Options Demo Account-Binoption

Binary Options Demo Account - 7 Killer Tips To Make You Master In Trading

Binary options demo account is required to maintain by traders, whether he is professional or newbies. A demo account provides you space to practice, without risking genuine money to a live account.

Moreover, investors should collect the necessary experience from a demo account to increase skills. However, binary options are less complicated than other forms of trading. If you are still scratching the surface to know ins and out about binary options, then you can have a look at our what are binary trading article. 

Furthermore, there is a wide range of trading platforms that offer a FREE binary options demo account. 

Especially for new traders, it is a complete guideline where you will find all answers of the below queries.

  • Is a demo account necessary for traders?
  • How to use a demo account?
  • What are the best free binary options demo accounts?
  • Are there any rules that one should follow?

Apart from these, you will find 7 killer tips that help you to be a master on trading. So, start with a short introduction of the demo account trading.

What Is Binary Options Demo Account

What Is Binary Options Demo Account-Binoption

A way back to then in 2008, binary options trading was deregulated. In 2010, some brokers were started to offer demo accounts to attract, and gain trader’s trust. 

At this moment, almost all trading broker’s allows traders to open a practice account before an initial deposit. On the other hand, a lot of traders enter the market with a fixed vision.

Unfortunately, the vision is to make quick money by ignoring all other common factors, including a demo account. However, these factors support one to be a professional trader. 

A demo account is a practice platform where traders test their trading effectiveness. Moreover, you can explore the broker’s platform by using virtual money.

Eventually, traders can open trades without using real money. However, you have to understand the demo account trading, which is very different from real account.

Moreover, traders can analyze market data by using indicators and trading charts. Also, you can test different strategies and see what works and what doesn’t. On the other hand, there are three types of demo account available offered by brokers. These are: 

  • Demo account with an initial deposit
  • No deposit demo account
  • Limited demo account

Types of accounts vary broker to broker, though we suggest our readers and traders to select a no deposit unlimited demo account. 

Like a real trading account, you can buy or sell trading assets by analyzing the market condition. Remember, a virtual account is a sample account. So, you can not withdraw profits from a virtual account.

Furthermore, traders can test trading strategies to maximize their profits through a demo account.

How To Open A Options Demo Account

The demo account works as a gateway to enter the financial market. Not all brokers offer a demo account for traders. But top brokers offer lifetime practice account for traders.

It is a useful tool used by both less experienced and experienced traders. Some brokers allow you to open more than one trading account with refilled balance options. It is wise to choose those brokers who offer lifetime demo trading.

The opening process varies from broker to broker. Opening a binary options demo account is quite easy and straightforward.

You can register for a free account. Simply go the broker platform and fill a form with all your details. Account verification and payment gateway details are not necessary for demo traders.

After that, you can log in to the account by using a unique username and password. Traders can also switch to the real account anytime by depositing real money.

Why Traders Need To Open A Demo Account

Who doesn’t want to lead the market with confidence? 

As we mentioned above, traders can evaluate their knowledge through a demo account. There are some advantages of using a demo account, still, it won’t bring instant profits in your wallet. 

  • Unlimited usage 
  • Real market news with live data
  • Access with a mobile platform
  • Test the platform
  • Risk-free trade
  • Learn how to manage emotions

Traders, especially those with short time frames, should spend at least a month to fine-tune their trading skills. Though you can execute trades by analyzing the real market data, you can not withdraw money from a demo account.

Besides, you need to pretend that you are trading with a real account. Otherwise, you will fail to refine trading strategies.

Thousands of trading guides are available online, but you need practical knowledge on how brokerage platform works. On the flip side, using a binary options demo account allows you to experience everything related to the real trading market.

Additionally, you can afford to take the risk with proper risk management while investing in options.

How To Use A Demo Account (7 Tips To Be A Master In Trading)

Demo trading is strongly recommended to new traders. Though demo trading is an essential tool for traders, some rules you have to follow to execute a profitable trade on a real account.

Try not to trade for more than 30 days on a demo platform. Moreover, experts recommend traders to trade a maximum of 2 weeks on a demo platform.

Follow 7 amazing trading tips that help you to put experience on real-life trading, because you can not make mistakes with the real account. 

  • Select an unlimited demo account
  • Learn how to use trading tools
  • Make sure the platform accepts mobile demo trading 
  • Check the customer support team
  • Try different assets by using different trading strategies
  • Control your trading emotions and practice as much as you can
  • Learn how to invest money or select the right trading figure after analyzing the market date

Best Binary Options FREE Demo Account (Trading Platforms)

Best Binary Options Demo Trading Platform-Binoption

In our broker’s section, you will find a list of best brokers for binary options, from where you can collect the broker’s general information.

Here we will recommend you some brokers, that offer lifetime practice account which is free of charge.

Remember these below points while choosing no deposit best binary broker with a demo account.

  • Collect legal and authentic information regarding brokers from Forums.
  • Read a detailed brokers review
  • Read terms and conditions
  • Check regulation and regulatory bodies with address
  • Look for a broker that has a strong customer support

You can select from these to understand how the market behaves if they meet all the requirements

~ Binary.com Demo Account:

Binary.com is a popular binary options and CFD broker that has a premier platform to trade binary options. To open an account, you need to fill a form with your personal details. Moreover, you can easily switch to the real account when you need. 

Traders can trade with the broker without having any account variety. Binary.com is a regulated broker that established in 1999. 

Here, the minimum deposit amount is $10. Traders can enjoy the demo account facility that worth of $10,000. 

Not only that but also, you can top up your demo account if your balance is $1000 or less than this. 

~ IQ Option Demo Account:

IQ Option is a regulated trading broker which offers a demo account worth of $10,000. The demo account is free and refillable for options traders. 

The minimum deposit amount is $10 where the investment amount is $1. 

To open a demo account, you just need to fill a form with your name, e-mail, and password. An activation link will send to your e-mail address. 

Finally, your account is ready to trade with virtual money. By using the credential or social media account, you can log into the platform. 

The demo account platform is similar to the real account platform. Depending on the trading market hours, you can trade more than 300 trading instruments from the asset list. 

Moreover, via this trading account, you can practice different IQ Option trading strategies to trade options on different trading assets. 

~ Olymp Trade Demo Account:

Being a seamless regulated trading broker, Olymp trade offers a demo account for traders to trade more than 70 trading instruments. You can either fill a form with your details or can use social ID to complete the sign-up process. 

On the other hand, you can switch to the real account by depositing $10. 

Olymp Trade offers a demo account with $10,000 virtual money. You will get two account types. 

In the demo account, these account types are also available. Except trading risk, there is no differences between a real account and a demo account. 

Binomo Demo Account:

Binomo is an award winning trading broker with a demo account of $1000. The virtual amount will help binary options trades to trade binary by using Binomo strategy and trading tools. 

In our Binomo review, we have mentioned all important factors related with this broker. You can easily switch to the real account after depositing money. 

Moreover, you can also perform trade by using binomo app in your mobile device. Trading app is available for the both Android and iOS device. 

Surprisingly, you can only trade one type of contract by using binomo trading platform. 

Auto Trading Robot Demo Account

Best Binary Options Auto Trading Bot In Binary.com Shop

It is really impossible to find out a demo account for automated trading software. You will find a virtual accounts offer by various trading brokers. 

However, we have found a trading software which is famous for binary options automated trading. 

Binary.com is a regulated trading broker for binary traders. Apart from this, you will find a lot of trading software, strategies, indicators, etc in their shop section. 

Surprisingly, the Binary.com trading bot offers demo account with $10,000 virtual money. Moreover, you can create your own bot and can make a profitable trade. 

There is not need to purchase a bot before testing the features. The major advantages of this bot is, you can make a profit more than 300% by using the software. 

Conclusion

In short, a demo trading account is a convenient tool for traders if they want to avoid trading risk. However, it is not compulsory to use. Anyone can start with a live account, but the investment amount should be as low as possible.

Additionally, we have already recommended you a few brokers which are offering a free demo account. And, also provides some names that accept demo trading after an initial deposit.

Use the demo account of all trading brokers and then choose the best platform for trading with real money.

So, it is high time to find your strengths and know your limitations. Don’ be overconfident, as the demo doesn’t provide real psychological training. Moreover, for new traders, it is the best way to enhance trading skills.

Posted on

8 Factors To Keep In Mind When Check Any ZuluTrade Review (Infographic)

ZuluTrade Review - Binoption

8 Factors To Keep In Mind When Check Any ZuluTrade Review (Infographic)

ZuluTrade Review infographic will show you the 8 factors of ZuluTrade  that necessary to keep in mind while checking the review.

You will know detailed information about a trading broker that offers Forex, CFD, and Cryptocurrency to their traders after reading ZuluTrade Platform Review.

Moreover, it is an automated social and copy trading platform. The platform will give you an opportunity to copy expert trades and communicate with them. 

ZuluTrade Review Infographic

ZuluTrade Review Infographic - Binoption
Sign up now

High Capital Risk Is Involved In Financial Trading

As we mentioned before, ZuluTrade is an automated social and copy trading platform. The trading platform is focused on those traders who are less skilled in the financial market. 

Moreover, they help traders to meet their goals. Additionally, it is a regulated and licensed platform in the  EU and Japan.

ZuluTrade has a few unique trading features which are equally important while selecting this trading platform. 

These are: 

  • Maximum Leverage 1000:1
  • 2 types of trading account
  • 7 base currency
  • Variety of trading tools

A demo account worth of $10,000,00 virtual money will give you access to the platform. However, the demo account features are quite different from other brokers. 

The leverage level in a demo account starts from 1:1 to 1000:1.  After depositing money on a selective broker platform, you can start your social trading. 

There are two types of live accounts offered by ZuluTrade. 

  • Classic Account
  • Profit Sharing Account

Apart from these, for traders, the platform offers 2 types of trading platforms, 50 brokers, and 4 trading tools. 

In addition, performing Forex and Cryptocurrency trading via Automator is available in ZuluTrade, It will work as your personal assistance. 

Check out these advantages of the ZuluTrade platform: 

  • User-friendly trading platform
  • You can copy and follow expert traders
  • ZuluGuard protects your accounts
  • Dedicate customer support team

Trading tools will help traders to analyze the marker and assets prices. Here are the name of those tools: 

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

There are are also some disadvantages like- 

  • Limited amount of information on the website 
  • Lack of regulated and reputed broker

Finally, we can say that ZuluTrade is always there for traders. You can create an account with them and enjoy their quality service.