Binary Options Brokers In Auto Trading: How Brokers Plays A Significant Role

Binary Options Brokers In Auto Trading - Binoption

Binary Options Brokers In Auto Trading: How Brokers Plays A Significant Role

Many traders have the question of what is the role of binary options brokers in auto trading software? The answer is pretty simple.

Neither a binary broker or automated trading software is not solely sufficient to get enough profits from the trading world. To be a successful trader, the combination of both is essential.

Moreover, many think if there is an auto trading system, then there is no need for brokers. But both are equally important and essential. Even, if you have the best binary robots but the broker is a scam, then all investment will be shattered.

So, read this article to know how a regulated and reputed binary options brokers play a significant role. Also, why it is necessary to pick the right platform while trading with the software.

Success Of A Trader Lies With The Broker He Picks

If you don’t have the best broker that supports excellent auto trading software, then executing profitable trades is a dream. It is also an ideal way of being a successful binary options trader.

For that, high-quality reviews can be read to understand which reliable brokers need to choose as investment options.

On the other hand, in financial markets, auto trading is a global trend. Many experienced and less experienced traders are using this option to make money even in their absence.

The robots are smart enough to understand the binary options trading signals. And will accordingly pick the best one from the alternatives, as per the trader’s instructions. Moreover, traders will pre-instruct the robots to execute trades, depending on the asset price movement.

Besides, it will also place a trade if the market condition favourable or vice versa. Robots will take instructions, analysis, and hunt for signals that meet these requirements.

In manual trading, there are chances that the trader might miss some crucial signals, or may create some errors. But when it comes to robots, the process will be very accurate and structured.

Everything is as per the predetermined set of rules. However, in some cases, we advise our traders to analyze the current market situation manually.

So, based on these factors, we will recommend you the following brokers: Binary.com, IQ Option, and BinaryCent which are regulated and reputed in the binary world.

Our Recommended Brokers

$ 5 Minimum Deposit

Regulated: Yes
Maximum Payout: 100%
Demo Account: Yes

$ 10 Minimum Deposit

Regulated: Yes
Maximum Payout: 93%
Demo Account: Yes

$ 250 Minimum Deposit

Regulated: Yes
Maximum Payout: 95%
Demo Account: Yes (Paid)

Why Broker's Regulation Is Important

A regulated broker is necessary to adopt if you want to sidestep all unwanted scam activities. Here are some regulatory bodies that are famous globally.

CFTC is the short form of Commodity Futures Trading Commission and EMIR is the short form of European Market Infrastructure Regulation.

These are the regulations implanted by US and European regulators for tracking the transaction. Not only the transaction but it also ensures transparency of trader’s information.

As per the US Government, traders can only trade with brokers who are licensed by CFTC. Unfortunately, the auto trading software will not accept US traders, as an automated trading company have to meet all requirements.

On the flip side, the USA traders can trade binary options with NADEX however, it does not support any automated robots yet. Additionally, there are also other regulatory bodies available. You have to check before choosing a broker, according to your region.

Why Auto-trading For Binary Options?

Auto trading robots are advanced and sophisticated. These robots scan the market to look for profitable trading opportunities by considering all other factors that are related.

However, it is hard to decide which trading bot is beneficial for traders. Each has its pros and cons in the form of cost and features.

It is up to the trader to understand what his requirements are and accordingly pick the right and best option.

Choosing the right auto-trading software is very crucial. As binary option trading brokers, lots of scam systems out there, that offer unbelievable returns.

Some robots might look very attractive but will not give you profitable outcomes. Most of the binary options robots trade with human signal providers and works 100% automatically.

The following trading robots have tested by us, and we recommend them for auto trading: BinBot Pro, Binary.com Auto trading Bot, and DaxRobot.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Robot Profitability:300%

$ 5 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated and Trusted

$ 250 Minimum Deposit

Returns depends on trader
Demo Account: Yes
Fully Automated Bot

How Binary Robot Works: Are Investments Controlled By Traders?

The binary robot works both manually and automatically. Most of the robots have an option to create customize bots based on the current market and asset price fluctuation.

That being said, to play the cards safely, you need to have some control in your hands. Manually, you can control the booking and execute trades to get some profitable returns.

Besides, automated robots work depend on the pre-determined strategy. However, in some cases, we advise our traders to analyze the market manually.

Another way to get control over auto-trading activities is by blocking the auto-trading system to book trades, while you are off-line.

Thus, you will not end up missing any money. Moreover, no trading activity will occur while you are not around.

So, being a keen person, learn about binary options by now to avoid unwanted trading mistakes. Learning is the best way to make success in trading.

Binary Options Auto Trading: 100% Automated?

Though auto trading is not new, it is one of the fastest-growing technics in today’s financial market. Once traders start using it, they like it. No technical skills require for auto-trading. People all over the world can make good use of it for basic and structured trading activities.

To make a profit from the investment, you have to invest time, effort, and knowledge. If you are looking for a successful trading career, then binary auto trading is the best solution that you can’t avoid.

Besides, choosing the right auto-trading software is very crucial. As binary option trading brokers, lots of scam systems out there that offer unbelievable returns.

These might look very attractive, but traders will not get a profitable outcome. Most of the robots trade with human signal providers that also work 100% automatically.

However, the following trading robots have tested by us, and we recommend them for auto trading. Though auto trading is new, it is one of the fastest-growing technics in today’s financial market. Once traders start using it, they like it.

There are no technical skills or understanding required for auto-trading. People all over the world are making use of this for basic and structured trading activities.

To make a profit from the investment, you have to invest time, effort, and knowledge. If you are looking for a successful trading career, then auto trading is the best solution that you can’t avoid.

Conclusion

Trading with more than one broker is possible, but the skillset and knowledge are essential. High-profit making strategies are used by experienced traders, who know to analyze charts, graphs, and financial markets.

But, auto-trading robots will generate signals systemically by analyzing the market conditions, and by forecasting the future. As a trader whether novice or experienced, you should focus on investing logically or by mathematical calculations.

There are plenty of options available from where you can select an underlying asset for trading to reap maximum profits. It is important to keep in mind, market volatility changes based on political news, events, and other financial factors.

March 2, 2017January 23, 2023

Is Auto-Trading Of Binary Options Really Making Any Difference?

Binary Options Auto Trading Guide - Binoption

Is Binary Options Auto Trading Really Making Any Difference?

This Binary Options Auto Trading Guide is for them who are curious to know that “Is Auto-Trading Of Binary Options Making Any Difference?”.

While you are looking for reliable brokers, they are busy finding reliable information for all binary options traders. It is essential to have a safe trading platform for every trader who is looking to trade binary options.

This writes up will help you with all the necessary information about binary options auto trading robot.

Moreover, the interesting guide will provide an in-depth overview of auto-trading and the latest news in the financial industry. A binary option is a recent type of trading that has become popular among advanced and beginners.

Binary Options Auto Trading Guide

It is fun, easy, and requires no knowledge of prior experience in trading binary options.

Once you have finished your registered process, you can immediately start trading. Profits can be expected from day one.

There is no block on your investment; the amount can be fully used for trading and to make more money.

While advanced traders will start using structured strategies for making money, beginners can make use of the initial period to learn more about binary options, asset types, trading strategies without compromising on making profits.

Trading with software is a perfect choice for everyone who looks to trade. As there is no need to follow any execute analysis or daily news.

The robot will do all these and also manages to offer great results to every trader of binary options. Signals are the recommendations given to traders with a glimpse of how to trade an asset and what would be the expected return on the same.

Based on these signals, traders will take a call, whether to place a book the trade or not.

Financial risk is involved in binary options trading

Why Auto-trading For Binary Options?

Auto trading robots are advanced and sophisticated. These robots scan the market to look for profitable trading opportunities by considering all other factors that are related.

Through this type of auto trading, the chance of human error is eliminated.

However, it is not easy to say which types of robots are easy and more beneficial. Each has its advantages and disadvantages in the form of cost and features.

It is up to the trader to understand what his requirements are and accordingly pick the right and best option.

Some prefer human touch and control; irrespective of how perfectly designed strategies are adapted.

While some are alright with everything being systemic and structured. Irrespective robots have taken over the binary options trading market to the next level.

Traders are accepting these features with both hands as time-saving and accuracy is crucial for everyone who wants to trade.

Once signals are generated, the robots will handpick the most suiting ones from the list as per the trader’s instructions. And, will analyze the same to check if it can generate returns as per the trader’s expectations.

Only if the signal meets all the pre-set requirements of the trader, it will be considered and trades will be booked at the back of it.

Have Control Over Your Trades:

In this case, a trader just needs to have the patience to wait for the investment to generate profits.

Sometimes it takes just a few hours, while at times it might even take months together.

Certain robots will place trades as per the instructions, even if the trader is not online.

However, it is recommended to customize the features and settings so that trades are booked only when the trader is online.

This way there is some amount of control in the hands of trader on the money he has invested. It also promises to offer better income as a trader can take judgmental decisions over any auto-trading systems or robots.

Choosing Good Binary Options Robot:

In the binary industry, auto trading is a very crucial trend; the number of traders opting. And the reason for this is its innovative features.

There is no doubt that for a good thing there will be a bad part. To make this statement true there is a lot of scam software that agrees to offer a platform for trading binary options and will loot the money of genuine traders.

Every trader must learn to stay away from these types of scams without turning greedy for money.

Some of the top Auto Trading Robots are like BinBot Pro, Binary.com Auto-Trading, and MT2 Trading profitable.

Have Realistic Expectations:

It is recommended to choose robots that are available at free of cost and make real profits. We have mentioned a table above that will help you to choose the best from three.

A good trading bot is considered as the best choice if the platform is offering an option for traders to customize their accounts as per their needs.

There are lots of easy and simple roots that you might come across. But the risk of losing your money is high in these cases.

The best thing about binary options robots is its features. Unlike other sources, through this, you will get benefited from a lot of options such as free recharge and so on.

There will be no hidden fees involved in these. Each trader has an option to choose how many trades to be placed and what customization can be done.

The combination of good brokers with the best-featured auto trading is the perfect environment to make maximum profits with minimum investment.

By going through the reviews, traders can choose the best brokers and robots. If available take a tour through the platform before signing up.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Robot Profitability:300%

$ 5 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Fully Automated Bot

$ 250 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated and Trusted

Conclusion

Try to get some good pictures of the robots, before investing. It is the best way to avoid loss.

If you have time to invest, then automated robots are sufficient and available just a click away to make life easier and less complicated.

Check our Top Signals provider from Binary Options Signal Comparison List.

March 2, 2017March 24, 2020

How To Get A Head-Start For Beginners In Binary Options Trading

Beginners Binary Options Trading

Being a beginners in binary options trading many has doubt, does the transaction require huge investment or a budget investment is sufficient.

Binary option trading can definitely be traded with low budget however it depends on the broker you choose.

If you go for a broker that requires a maximum $100 per week, it will work out cheaper and fair returns can be expected.

On the other side if investment is not an issue for you, you can try trading up to $500 dollar per day.

Knowing when to trade is one important thing and along with that trader should take the decision of which asset to trade.

Very rarely all traders will be comfortable with all assets, most of them will have a certain set of assets that fit their trading style and will accordingly stick to the same.

Being beginner to trades, it is advisable to try all assets to understand which ones are working and which don’t.

Also the financial market is actually open on Monday to Friday but some Middle Eastern markets such as Tel Aviv 25 and Dubai will operate on weekends as Sunday is a working day for them.

Also if you wish to trade Middle Eastern assets, check with your broker before registering as not all brokers offer assets of this type.

Make use of Weekend Financial Market:

Most traders prefer trading in Middle Eastern market as they will be busy on the weekday, thus weekend financial markets like this will be very helpful.

Also brokers are offering VIP accounts for customers, most it is not a clever move if you decide to pick that when you are new and looking to trade win low budget.

Spending $5000 or more for just some additional features will be foolishness especially when you are new and are yet to find out how things works and what is working well and what not.

Know more about Weekend Effect on financial market.

Beginner’s risk is high risk:

As a beginner, it is very crucial to check and understand if there is any risk involved in the transactions that you are executing.

One single wrong move can crash down all your plans and will lead to losing your money.

Do not customize your trading activities too much; this will lead to one small touch and too many complications.

If you customize your setting in a very complicated way, in case of any issues resolving it will be a tough task not just for your but for the customer support providers.

Also you can read Things to Keep in Mind before Executing Your First Trade.

Robots for Trading Options:

Once you a set of technical and fundamental strategies, try to link it with trading assets of different types and test these before applying on live trades.

This way you can check which techniques work well on which asset.

The next big thing in a binary option traders mind will be how to find a good binary option robot?

Getting binary option robot is not tough but finding the best one from the list of available ones is a tough task.

Check our binary options robots page which robots are reliable.

Also it is not very helpful to check online the best binary options robots, what might seem best and useful for some traders might not work well for your trading strategies.

Results from binary option brokers:

It is not surprising to see robots offers 90% accuracy and 90% results.

They actually do offer returns and information with this accuracy rate as they work on the basis of statistics, trend graphs and market analysis.

Though different brokers offer different features with various results, it is possible to get close to 100% with the help of robots.

Legitimacy is important than investment:

When you have a chance to choose brokers make use of the same for the utmost advantage.

Some trading platforms will randomly assign brokers to each trader.

In this case you will be helpless but when it comes to choice look for licensed, reputed and regulated ones.

It’s not always about the features, but do check for the legitimacy of the same.

Do not invest your money a broker unless you have gone through their settings, features, customer reviews and ratings.

Customization of robots:

Yes, traders have option to customize robots as per their requirement.

Robots will work automatically but where are the controls?

Ensure that the robots you choose works on any given set of instructions.

Do not over customize it that it can start trading by itself.

Have some amount of control yourself as you definitely don’t want your hard earned money to be used as a trial and error to make money.

It is also true that there are a lot of guides and tips offered by others but before considered compare and validate.

They may just have the same information of what everyone is offering, while we have an expert team who conducts studies on various aspects before sharing it as guiding steps for any user of binary option trading.

Irrespective how best your trading strategy is there is some amount of role for luck.

It’s more like a hit or miss situation.

Only if luck and logic favors the market will move as per your expectations thus making money will be like a cake walk.

But on the other hand if luck takes a toss on your trading activities, it will not make any profits and will also lead to losing your money.

Look out for scam platforms and avoid any tips or advice from their end.

You deserve nothing less than the best, thus make sure the information that is offered is 100% reliable and legit.

Most of the tips and strategies in this article is straight from the expert team and experienced traders.

There are tons of platforms, systems, strategies that are sold in the market, but it is up to each trader to pick the most reliable ones out of all that is made available.

There are number of threads of topics within binary option trading.

Don’t get lost within the information, and keep yourself updated about that information that is very essential from time to time.

March 2, 2017January 23, 2023

Binary Options Traders Questions That Frequently Pop In Every Mind

Binary Options Traders Questions - Binoption

Binary Options Traders Questions That Frequently Pop In Every Mind

Generally, you will find some fundamental questions of every binary options traders mind that frequently asked by traders, especially who are less familiar with binary trading.

Whether you just about to start trading binary options or for the sake of knowledge, getting to know about this style of trading will always be an advantage.

So, it’s never too early to go through the basics binary options trading definition. In case if ever there is a desire to trade binary options, this certain information will come handy.

We love to take questions from our traders that inspire us to build unique articles with necessary information. From curiosity, our team decided to visit different platforms and got a bunch of queries on binary options.

In this article, we will try to clarify almost everything that traders are curious about and also from our private mailbox. As we will not follow any particular order, so we will request you to read till the end so that you won’t miss anything.

Top 12 Frequently Asked Binary Options Traders Questions

Binary trading stands on all or nothing preposition where you will get a fixed payout after every right prediction. Conversely, traders will get nothing if they predict the wrong asset future price movement.

After deciding to trade binary, make sure the broker you are looking to invest, is regulated and not blacklisted. If you do not invest capital in the right binary options platforms, it’s more like wasting money in water.

Go through the feedback data, reviews, and suggestions that we made for you to pick the best from the available ones. It’s alright to take assistance from other traders to learn about binary options but don’t depend on them to book your trades.

Get to the basic, do research, go through the demo account trading, test strategies, gain confidence, and then start booking trades.

We will now screen you all questions one by one which are highly recommended for novice traders.

Ques 1: Are Binary Options Regulated?

Trading binary options are legal and regulated in many countries by both famous and non-famous regulatory bodies. As long as the broker is regulated, you will get a transparent trading environment without any scams.

However, in some countries, trading binary options is prohibited wherein few countries trading binary is allowed with in-house brokers such as US binary options trading market.

At the same time, we also recommended traders to engage with regulated platforms for bringing the ultimate success. On the flip side, those countries where binary options are not regulated yet, technically, it is legal to trade binary.

Unless there is no law specified that the trading term is illegal, you are allowed to trade options.
But check the broker regulation carefully before proceeding and to protect your money from scammers.

Ques 2: Why It Is Necessary To Start Step-By-Step?

It is necessary to take binary trading slowly and step-by-step process. Instead of being a hurry to make money in binary options at the initial stages, concentrate on doing right trades on the right assets.

Also, understand your style and what you are comfortable with. Similarly, you can also check out how to trade binary options profitably article to get a proper guideline.

Do some trading arrangements so that you can get regular returns. It is wise to trade with a single instrument before being a master in trading. As a trader, keep your patience and wait for the right moment.

Moreover, don’t be in a hurry to book trade and get yourself 200% comfortable before taking the risk into your plate.

Ques 3: What Should Be The Investment?

Many new and experienced traders have this question in their mind, though there is no exact figure that can be suggested. The investment capacity depends on traders.

A certain percentage of savings can be considered for this type of investment. While creating a financial portfolio for your personal life just like other savings options such as fixed deposit, mutual funds, gold, keep a portion aside for investment in binary option.

Out of this investment, use only 2% of the initial capital in each trade. Binary options need consistent dedication, time, and effort from the investor. If you are unable to meet these requirements, then it is not your cup of tea.

Also, note that traders can start trading binary options by investing only $20. However, the initial deposit amount will depend on brokers.

Ques 4: What Is An Ideal Expiry Time Frame?

The expiry of a binary option can be even a second, minute, hour, day or couple of months. It can be set as per the requirement of the trader.

Moreover, traders consider that the longer you stay, higher will be the benefit. Irrespective of how long you hold an asset, in binary option a decent trade without any wrong move can make at least 74% returns. Because binary trading itself is a very high in return percentage compare to other trading instruments.

Again the span of the trade is also at the basis of which underlying asset you are trading on, as you can not hold all assets for a long period. We recommend traders to select long expiration time so that they can minimize the trading risk.

Ques 5: What’s The Need To Use Charts?

No just in trading but in all industry, interpreting information through charts and graphs is much easier, accurate, and less time-consuming. Trading trends, strategies, market analysis, and so on are shared through charts in trading.

To be a successful trader, knowledge of understanding and interpreting charts is crucial.

Moreover, using those charts and other tools, you can create trading strategies that will bring an ultimate profit. We highly recommend real-time chart software like MetaTrader 5, for example.

Ques 6: Who Are Good Valid Binary Options Brokers?

In the beginning, we already mentioned a platform from where you will find a list of reputed and regulated binary options brokers. The ideal instruction is to start with a broker that is legit and allows a small initial deposit.

If you want to be a respectable trader and make a steady income from binary trading, you need to know how to choose a broker.

As we are working with the different broker’s terminal, based on some factors, we will highly recommend you the following brokers: Binary.com, IQ Option, and BinaryCent.

Our Recommended Brokers

$ 5 Minimum Deposit

Regulated: Yes
Maximum Payout: 100%
Demo Account: Yes

$ 10 Minimum Deposit

Regulated: Yes
Maximum Payout: 93%
Demo Account: Yes

$ 250 Minimum Deposit

Regulated: Yes
Maximum Payout: 95%
Demo Account: Yes (Paid)

Ques 7: Is Binary Trading Profitable?

We have heard many failure stories from binary traders. 90% of traders failed in trading because of their poor trading psychology. The trading type is profitable if you can open a successful path with knowledge.

Some basic rules can make you professional in trading. On the other hand, it is the easiest way to earn money and also the simplest way to lose funds. So, whether it is profitable or not will depend on you.

Moreover, it can be fruitful for both long-term and short-term traders. Lastly, binary trading without strategy is a pure gamble. You can be a millionaire within a very short time, but luck will not favour you all the time.

Ques 8: Can Binary Options Traders Become Millionaires?

Again we are repeating the same line, whether you will be a millionaire or not depends on your trading style. You have start trade by setting a realistic expectation.

There are some success factors that you have to build inside you. We will mention those factors in our phase. But it is also true that the trading form will not make you a millionaire overnight. Also, it is a long-term commitment that one should maintain to get future success.

Go to our strategy section and try those strategies by analyzing the marker aspects. Traders should use a practice account before dumping their money here and there.

Ques 9: Is It Possible To Minimize Binary Risk?

If you are struggling to minimize trading risk, then learn amazing and powerful 7 tricks to be an expert in trading. At the same time, investing money by maintaining the money-management rule also help you to reduce risk.

Here are some quick tips that will work as success factors. There are:

Using a demo account to practice
Make a trading plan
Small investment decision
Proper strategy

Ques 10: Is Binary Options Trading Gambling?

The common myth we all know that binary options are gambling. According to the Business Dictionary, “Betting (wagering) that must result either in a gain or a loss.” As binary options stand for all-or-nothing rules, people mostly consider it a gambling product.

But we found a different statement from many professional financial analysts that any trading investment is gambling without proper strategy.

Ques 11: What Are Good Strategies?

Binary options trading requires limited experience to start. However, in terms of strategy, there is no particular one that will work tremendously for you.

You have to pick the strategy depending on the market and asset price movement. Besides, in some cases, the same strategy will not work for all traders.

There is a popular quote that “Watch the market leaders.” You can follow extremely professional traders from different social trading platforms and copy their best strategies.

From our side, we will recommend the trend strategy to our traders along with the Hedging Strategy to set a minimum risk in trading. Whatever you choose, please don’t use a Martingale system, as it carries high risk.

Ques 12: Do I Need Any Software To Trade Binary Options?

It is not required for an expert to maintain trading software. However, traders prefer to use binary trading software that works on their behalf. The software will analyze the market automatically.

But you have to play a safe game here by using an automated trading bot both manually and automatically. To avoid high risk, do not run your bot all day long. Also, it is suggested to review the economic calendar before placing a trade.

We have tested the following trading robots, and we recommend these for auto trading: BinBot Pro, Binary.com Auto trading Bot, and DaxRobot.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Robot Profitability:300%

$ 5 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated and Trusted

$ 250 Minimum Deposit

Returns depends on trader
Demo Account: Yes
Fully Automated Bot

Final Thoughts

Finally, we are at the endpoint of this article. Our main goal was to provide that information which is critical and will help traders to make the right decision.

Except these, if you have any other troubling questions, you can simply ping us through our live chat options.

Do not invest an amount that you can’t afford to lose. Keep investing fixed money and increase the level of investment by depending on your experience.

March 2, 2017January 23, 2023

Flip Sides Of Booking Binary Options Trade

Booking Binary Options Trade

The simplest explanation for binary option trading is it is an option contract with fixed reward and fixed risk when you are booking Binary Options Trade.

It is called binary because it has 2 choices or 2 types of payout after the expiry of the trade term.

Choice or up or down, i.e. there will be a upper limit and lower limit like a boundary and if the strike rate of the trade goes above or below the upper and lower rates respectively it is considered as exercise of the option, else the option will get expired.

And the other touch is touch or no-touch;

In this case the exercising of the trade is at the discretion of whether the market price hits or touches the upper or lower level or not.

The working of binary option trades is from the trader’s perspective i.e. if the trader things the price of the underlying asset is expected to go down, trades are executed with the intention to make money in the fall of price and vice versa.

Here it is more about betting money on the basis of predictions.

There are platform out there in the market that will help to calculate and check how much money you can make with your investment.

Binary option contracts have three main factors namely, strike price, expiry time and payout offer.

Trade binary options only if you are sure of:

Expiry time is the duration between when the trade is execute and supposed to expire.

Strike Price is it the price at which the trade is executed, this is a predetermined value irrespective of whether the traders losses or wins.

And finally payout offer is the return offered by the binary options broker.

The payout is known prior itself, even before risking money.

Types of binary options are numerous, among the long list the commonly used and well accepted one is up/down trade.

Be prepared to face Risk of Loss:

It is good to keep in mind the risk of losing money is to the extent of your investment on the trade plus the potential returns.

Winning a binary options trade is equal to winning a fixed amount of cash.

The binary options name is derived from the only two possibilities of the trade.

The risk of trading binary options is known upfront and it is fixed, there is no chance of losing more than what is invested.

Unlike FOREX there is no way of getting burnt out in binary option trading.

Also there is no need to set any stop losses, here the return is stagnant even if you lose or win 100 pips or 1 pip.

Payout is known well is advance thus you can decide the investment versus payout ratio considering the level of risk involved.

The features offered by most of the well-accepted brokers are pretty much the same.

Thus there is high chance of getting more than one broker who fits exactly to the needs of the each trader.

Checklist these even before trading binary options:

Keep your risk in the trading account minimum and the minimum trade can be as low as $10.

There are charges for even losing trades that is cost of executing a trade that you lose has to be added to the loss amount.

If you have a broker that you cannot afford to lose due to their features offered, then trade less risky trades.

If you are seen as a not good trader, there are chances that the broker might limit some features from you.

There is no ownership of the underlying assets.

The asset is just used for betting and there is no physical exchange of the asset in itself.

Binary trades can be customized as per each ones required, this is one of those options that can be designed as per traders choice.

ROI- Return on Investment:

The trader can expect around 70-85% return through their trading activities with the help of binary options trading.

Also there are no hidden charges or exceptional one-time charges.

To win in binary option you do not have to be a financial expert and there is no need to take ownership of the underlying asset.

The trade will come to one among the two options- exercise or expire.

This depends on the strike, duration and market conditions under which a trade is booked.

Winning a binary option trade is not a great thing, but how many trades have you won among the total trades executed is what matters and the success of binary options trading also depends on the same.

However, to sustain and to survive as a long term winner there should be trading strategies and methods for the same.

Come up with some own way of trading and have uniqueness in trading style; this will help you to stand out from others.

Invest time to study of the binary options strategies and methods of trading.

Keep yourself updated on the latest information on binary option trading.

Though it is not a tough task to trade binary options, a lot of dedication and effort is required in continuous basis.

Data and Understanding go hand-in-hand:

Executing trades are easy if you have sufficient knowledge, experience and some amount of investment.

Only if you are very clear and precise about your needs, the research will be easy and meaningful.

Among all the information that is available in the market, trader should be smart enough to consider the information that are necessary and should make the judgment to ignore the rest.

Do not let your emotions to take control over your logic.

Make sure there is sufficient reasoning and statistics for every action that is taken.

If there is ever a wrong move taken, the result will be noticed sooner or later during your trading activities.

It is perfectly alright to consider others trading style to learn how everything works and to get a start in binary option trading.

But then after a point of time, you should be able to be independent and come up with own trading strategies by applying marketing knowledge, forecasting and logic.

Invest your time and effort in a right manner and be a long term successful trader.

March 1, 2017January 18, 2024

How To Choose Binary Options Broker – 13 Influential Facts

How To Choose Binary Options Broker-Binoption

How To Choose Binary Options Broker - 13 Facts Before Picking The Right Broker

How to choose a binary options broker? Is it necessary to choose the right broker before placing an order?

The straight answer, Yes. There is a need for a lot of comparisons before picking the right binary options broker. Out of the huge list of scam brokers, finding a reliable and trustworthy one is not an easy task.

Besides, you will spend your initial few days to investigate, compare, and choose the best binary options trading platform. There are even some excellent brokers available, who instruct you by suggesting trades and right moves.

Through this article, we will reveal 13 essential facts that help novice traders to pick the right broker wisely. Before that, let’s have a short introduction on a binary options broker.

What Is Binary Option Broker

The broker is a platform where you can place a trading order by selecting assets to earn maximum profits. It is necessary to mention that for entering into the trading world, a broker platform will work as a bridge.

A broker can be a company or a separate soul. Similar to the other trading class brokers, binary options brokers are also there to help you. If you are still searching for detailed information on options, read our article on what is binary trading.

Moreover, a broker allows you to connect with them via the trading platform. Through the platform, you can choose trading instruments from the underlying list along with important indicators, charts, tools, and others.

Either you can download the platform in your trading device, or can execute a trade from a web browser.

Apart from the basics, the binary options broker follows some rolls. These are:

Help traders to choose the right trading assets by giving trading world’s update
Via broker, traders can deposit money and can execute a trade
Can practice trade by using a practice account

How To Choose A Binary Options Broker - 13 Facts To Remember

Picking the right broker is necessary for all traders to make a safe and secure transaction. On the other hand, the right broker will help you to trade by providing real-time financial market information.

It is also vital to check the regulation before picking up a proper and good broker. Moreover, a good broker will increase the chance of earning money.

Below, we will mention some of the factors that need to consider while choosing the right binary options broker.

1. Brokers Regulation

The first and foremost work for traders is to check the broker’s regulation. Traders can consider it as an important part. The renown regulatory bodies like CySEC, ASIC, FSA, etc. supervise brokers and maintain the safety of trader’s capital.

However, binary options itself is not regulated in many countries. So, traders from those countries are not able to trade classic or binary options.

So, working with a regulated broker is more secure than a non-regulated broker. At the same time, your capital will not be at risk. Additionally, the legitimate broker will offer you a fair price without any market manipulation.

Another key point is that trading binary options in the USA does not recommend traders to trade with offs-shore brokers. You have to trade with those brokers who are regulated by the USA financial bodies.

Based on these factors, we will recommend you the following brokers: Deriv, IQ Option, and BinaryCent.

Our Recommended Brokers

$ 5 Minimum Deposit

Regulated: Yes
Maximum Payout: 100%
Demo Account: Yes

$ 10 Minimum Deposit

Regulated: Yes
Maximum Payout: 93%
Demo Account: Yes

$ 250 Minimum Deposit

Regulated: Yes
Maximum Payout: 95%
Demo Account: Yes (Paid)

2. Compare Deposit Bonus

Most of the brokers offer a deposit or welcome bonus, though it is not a good practice in trading. If your selected broker offers any bonus, compare this amount with others.

On the flip side, some brokers offer a low initial deposit, as they don’t have option for bonuses. Especially, if you are new in binary options, it is good to use the low initial deposit, until you get comfortable with the trading activities.

Keep in mind, following some terms and conditions is mandatory to enjoy the deposit bonus. So, before pursuing a bonus, read the terms and condition carefully.

3. Payout Percentage

Payout percentage means an expected return that a trader will receive after completing a successful trade. The payout percentage will depend on trading instruments.

Based on the asset price, expiry time, and options type, the broker will set the percentage of winning rate. Surprisingly, the maximum payout percentage can be more than 90%.

Brokers like IQ Option, Binomo, Expert Options, and Olymp Trade are offering payout more than 85%. So, find out which broker is offering the highest payout while selecting a broker.

4. Initial Deposit Amount

A minimum deposit amount is required to open a real account with a broker. However, The amount is not the same for all brokers. The minimum deposit amount can start from $5, such as Binary.com.

Try to start with a broker, who offers a low initial deposit amount. But you can also open a live trading account by depositing a high amount if the features and benefits are exceptionally great.

At the same time, a low deposit amount is good for those traders who don’t want to take a huge risk. So, start with a small amount and increase day by day depending on your trading skills.

5. Demo Account

With the help of demo classes, a trader can pre-gain trading experience and can implement better trading styles in live trading accounts.

You can also increase your experience in a real trading market through a demo account. However, there will be no exposure to market risk.

Having said that the practice and service level offered will be as same as the live-market. Some brokers offer demo accounts for a limited time where some are for a lifetime

So, always choose a lifetime demo account so that you can practice your trading style and strategies.

6. Deposit And Withdrawal Options

Traders have to verify the account before withdrawing profits. So, try to read terms and conditions before opening an account with any broker. It is wise to open an account with valid information.

Furthermore, the verification process is different from brokers to brokers. Also, deposit and withdrawal procedures are not the same for all countries. Find out the best way according to your country rules.

On the other hand, some brokers charge fees, while depositing and withdrawing money. Fees will also depend on both brokers and client’s residence.

There are plenty of methods available including e-wallet, debit/credit card, wire transfer, etc. As we mentioned above, you can choose any of them depending on your country.

7. Multiple Assets Investing

After opening an account with a broker. you will get a list of underlying trading assets. In binary options, traders will get an opportunity to trade on diversify trading instruments.

Use the platform that offers a wide range of assets. A good number of instruments will help you to trade at different market scenarios.

To increase the profit margin, investing in more than one asset is a wise decision. It is also the best factor of investing by having a balanced portfolio and not putting all risk into a single basket.

8. Trading Tools And AutoTrading Robots

Trading tools are necessary for traders to analyze the market. Almost all trading platforms have different trading tools, indicators, automatic trading signals, etc. to analyze the market movement.

However, every broker doesn’t provide auto trading facility directly. Many of them partnered with different binary options trading software.

We have mentioned a few software names such as BinBot Pro, Binary.com Auto trading Bot, and DaxRobot depending on the results and trader’s testimonial.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Robot Profitability:300%

$ 5 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated and Trusted

$ 250 Minimum Deposit

Returns depends on trader
Demo Account: Yes
Fully Automated Bot

9. Customer Service

To know the level of customer service offered any platform is to go through the reviews and feedbacks from other customers and users.

Understand the rating by collecting testimonials from forums of a selected broker’s platform, services, and legitimacy. Customer support team mainly make a bridge between a trader and a broker.

You can contact the support team via online live chat or email. Moreover, the customer support team are available for traders 24/5 days. However, 24hours customer support is not applicable for all platforms.

So select a broker where the dedicated multi-lingual support team is always there to solve your problems regarding trading. We will discuss more in the next phase.

10. Simple User Interface With Multi-lingual Facility

A user-friendly platform is well accepted by all types of traders. It will save time for the traders to navigate through the system and also needs less effort. Moreover, for novice traders, it is effortless to execute a trade on an easy trading interface.

On the other hand, some brokers allow customizing the interface, according to the users choice. So, you can place your trading tools as per your need.

Sometimes, traders get trading news and alerts from the platform according to the market movement. So, you don’t have to search for important news and events in other places.

Besides, binary options brokers now offer different languages to communicate with traders. So, the communication process will uncomplicate for traders.

11. Trade Expiration Time

Some brokers will let you execute trades that can expiry within few minutes or days, while some are very strict on the expiration time.

Consider all factors before deciding the broker. Go through their terms and conditions before finalizing whether you are ready to pick that broker or not. Our advice not to pick a short expiry time because it carries a high risk.

n the other hand, some broker offers early exits options, while others are very particular that one should stick to the trade until expiry.

12. Trading Tournament

You will find many brokers that offer different tournament for traders. Traders can test their trading skills in those tournaments. However, traders need to select the best suit, depending on their skills and experience.

Moreover, it is the best way to earn a huge real money cash prizes from a minimum entry fee. But if you are not confident enough, it is not a thoughtful decision for you.

Each tournament has a fixed duration. Anyone can participate in tournaments having a small trading knowledge.

13. Trading App - Mobile Application

Mobile trading apps are convenient to trade from anywhere in the world. You can download the trading app into your Android or iOS device. Make sure, your broker platform is offering a trading application for your device.

The interface of a trading platform is similar to your desktop device or web browser. In some cases, some broker does not allow traders to trade on full asset’s list.

Apart from the advantages, we also found some disadvantages. Via a mobile app, you can not analyze the trading market, by using proper indicators, and charts. Expert traders generally use a mobile app to check their trading results, but they execute final trades from a desktop.

Final Thoughts

Unless you have clear guidance for choosing the right trading broker, it is will difficult to compare and make any decision. This guide will help those who are keen to choose the right broker to avoid capital loss.

Even if the features are less or not up to the mark, do not settle with an unreliable platform. Choosing a bad broker will lead you to lose the whole amount that was invested in trading.

March 1, 2017January 23, 2023

7 Powerful Steps To Make Binary Options Trading Plan: The Ultimate Success

7 Powerful Steps To Make Binary Options Trading Plan: The Ultimate Success

Binary options trading plan is a process or method that one trader needs to create before attempting to trade. The trading plan is a systematic way where traders will put all the necessary variables according to their trading style.

Moreover, you can count a trading plan as a roadmap that leads you in the ultimate success

Just like anything else, some necessities should be met for binary options trading. While all other guides will help you with how to trade, and what are the exceptions for binary options, this guide is specifically designed to let you know about the creation of the trading plan.

Why Trading Plan Is Necessary For Binary Traders

As we mentioned before, the trading plan is a set of rules that controls your trading behaviour. The trading plan is a combination of a few things that we will bring up later.

It is genuinely important to draw a smooth finish line. Moreover, it will also decide whether a trader will come up with good profits or not.

Also, a compact trading plan will reduce the chance of trading risk. Let’s have a look at why the trading plan is necessary for binary traders.

Traders can set a trading goal
Strong market analysis
Identify the right trading timeframe
Set entry and exit point

How to set the right expiration time
Reduce trading risk
For controlling emotions
Importance of solid trading strategies

How To Form A Trading Plan

According to the experts, it is a wise turn to plan before the market opens. Because in the opening period, the market remains most volatile. However, it is not necessary that the market will act every day in the same way.

Also, you already have a rough idea of why the trading plan is necessary for binary traders. Before implementing the plan, you have to make a concrete trading plan with a few elements.

These are:

Trading objectives
Realistic expectation
Descriptive strategy
Complete market analysis with asset

Psychological analysis
Investment amount
Money management rules
Number of trades

Binary Options Trading Plan: 7 Powerful Steps

The trading plan mainly a combination of what to do and how to do. Trading without a solid plan means to drive a car without a break. For each successful trades, traders need to have a concrete trading plan.

If you are looking to become a better trader, these key components are essential to develop trading strategies and to earn more and more profits.

Discipline is essential to reach anywhere in life, just considering various trading strategies and copying other styles will only give a temporary solution. It is perfectly alright to consider other trading styles to learn how everything works and to get a start in binary options trading.

We will mention the top 7 steps below that help traders to be a successful binary options trader.

1. Discipline:

Unless there is a discipline, any trading activity will not give you guarantee in success. As a beginner, you should follow some binary options tips to smooth your trading process.

For this, you should aware of the trading strategies and have enough knowledge about the platform that you’re using for trading. Besides, the platform should be regulated and licensed. Do not let your emotions to take control over your logic.

Make sure there are sufficient reasoning and statistics for every action that is taken. If there is ever a wrong move taken, the result will be negative sooner or later, during your trading activities.

2. Motivation:

Apart from self-motivation, it is wise to take motivation from other sources that will not just help him to increase his knowledge, will also boost confidence.

Do not stop learning new things, track the market activities, and ready to spend at least an hour every day for trading activities.

It is a suitable professional for everyone, where you will earn a satisfactory amount if you invest time and effort in the right way. Nobody can replace you unless they are equally skilled and have the same wavelength as yours.

3. Optimism:

If your prediction goes right with favourable and positive market conditions, you will earn a satisfactory amount. On the other hand, due to a wrong prediction, your investment might not give you any returns.

But in every situation, the trader has to be patient and optimistic about the trading strategy that he used.

If you lose any trade, revise your strategy to find out either it happens due to an improper trading style or the market conditions. Do a complete analysis to understand the scenario and take the decision accordingly.

However, if you found that the trading strategy is right but the market is not currently favourable, then be optimistic as nothing lasts forever.

4. Patience:

Remember these three potential rules.

Invest in the right assets at the right time,
Have the patience to see the results and
Invest with small amount

These mentioned rules are applicable for any traders whether he trades binary options or not.

Among these three, patience is a key factor. Even if you have a profitable investment strategy but don’t have the patience to see how things can change, the expected results cannot be attained.

Do not expect to have unimaginable returns overnight or in a week. It’s better to not invest in binary options or any other form of assets, with this type of trading mindset.

In this field, the main trait is that expect from each trade with patience, have great analytical skills, and proper knowledge of the markets.

5. Rationality:

Trading Emotions have both positive and negative roles to play in trading activities. You have to put the right emotion in trading, to bring the ultimate success.

Also, there should be proper logical reasoning for every trading steps.

Trading is not a game, so, each step has to be right to get the best result by interlinking with other ones.

It is recommended to consider credible market analysis and trustworthy statistics, instead of depending on unreliable intuitions. By being rational trader, keep a backup plan to avoid unwanted situation.

6. Continuous Learning:

Learning is a never-ending process. In a daily basis, you have to deal with thousands of new things. So, there is a need for continuous learning, and passion should come from within.

Moreover, as a trader, be prepared to accept and adapt the changes for surviving such as market movement, asset price movement, test new asset, strategy, etc.

Also, there should be a driving factor that will help you to learn new things as well as try new products. Sticking to the same old assets and fashion of trading will lead you towards the declining results throughout the time.

Finally, you can check some common questions that every trader is looking for an appropriate answer.

7. Killing Greed:

If you want to achieve an outstanding trading result, greed should not be a driving factor to make more money. It is an obstacle that pushes you to go down slowly.

It is fair to expect a good amount of return on your investment, within 3 to 6 months. Because of your greed, you can have a chance to lose money unexpectedly. There is also a chance to do overtrade for doubling up your capital.

Conclusion

All these steps will help you to climb a strong ladder more easily. Avoid shortcuts to be successful, and use a legitimate path to reach your goals.

Master your mind and hold the control fully to take decisions of your investment, instead of relying on your heart’s instincts.

Save your strategies and trading style somewhere as it will help you to analyze your performance. A trading journal is the best tool to keep your all trading history. Also, avoid those trading styles that need a lot of effort and offers less return.

March 1, 2017March 24, 2020

Learn Binary Options Trading Just Like 1, 2, 3 & 4

Learn Binary Options Trading

While trading in stock market traders are bound to purchase the physical assets even if there is a need for it or not.

But that is not the case with binary option trading.

Purchasing huge stocks of assets will not be expensive but warehousing them will cost an additional bomb.

This is one of the main reason why many trader back out from investing as it involves lot of risk and effort.

Binary option trading is the solution for those wants to make money through trading without actually possession the underlying asset physically.

Through Binary option trading every trader will get access to the same market and same set of assets without having the need to own them physically.

The simple four steps guides for binary option trading are:

Meet all Regulation Requirements as and when essential:

There are strict guidelines that every trader should adhere to in order to execute trades that are safe and secure.

Also every broker platform has a different set of requirement that should be met to be a regulated platform.

When both these sink together healthy and profiting trades are executed that gives success to both parties.

There are certain set of questions that every trader should answer which will help the broker platform to analyses the level of experience and professionalism of each trader.

These questionnaires will not take more than 10 minutes of your time and will help you to have an economic profile that can be viewed by other traders and professionals.

On the basis of this the risk level and accessibility to information is decided.

It is true that newbies will not have access to everything that experienced traders have.

This is to safeguard the interest of newbies, else they will input their investment into very risky trades without understanding the level of risk it has.

Regulated platform will need the investors to submit valid identity proof, address proof as well as account details.

This is to ensure only legally approved traders are getting involved into trades and money is not transferred to any illegal accounts.

Funding at the right moment with sufficient amount:

Opening a trading account is not the end of it.

In order to start trading there should be enough funds in your account.

Almost all trading systems have a minimum initial deposit amount.

Unless you have funded this amount to your account, you will not be able to book trades or make any money out of the same.

The best way to safeguard your investment is by first investing just the minimum amount and wait for returns to be equal to the investment amount.

Once you have sufficient profits, take out the initially invested principal amount and then start further trading with the profits until you are comfortable with the platform and confident with your trading strategies.

Check for any promotions or welcome bonuses with the account managers of the platform before funding the account.

By this way you need not start your account with excess fund and wonder how to use it for making good returns.

Also there are some platforms that will not let you to withdraw the initial investment.

This is a block for your fund and check if there are any alternatives benefits provided for the same.

If there are no benefits, then avoid using these types of platforms.

Don’t stick to single platform:

Spare time to check in detail about the trading platform and what they offer.

As there is a lot of competition in this field, the benefits and features offered by each one is better than the other.

But this is secondary factors, your primary aim should be to choose only reliable and legit trading platforms else it will be complete waste of any investment.

Be mindful that there are many scam software and platform which are looking to steal your money.

They will look genuine and might at times offer unbelievable benefits.

Do not settle with something that has risk of your investment.

Check if the platform is licensed and regulated.

Familiarize yourself with the trading platform with the help of training, tutorials and demo accounts before investing your hard earned money.

Don’t make all your investments through one platform.

Learn to split your risks equally in such a way that even if one goes down, there are others who can help you to cope up the loss incurred.

Also check for what tools are offered, how frequently signals are shared with traders, limit for withdrawal, tradable assets list, tutorials and so on.

Some platform even offer video trading training, make use of these facilities especially if you are new to this field or if you are keen to learn more about you are involved into.

Know your mind and draw the finest trades:

All successful traders have their own set of strategies that they imply on various market situations.

This is possible as they have spent a lot of time to investigate and understand how the market works.

Some just focus on one particular type of asset while most of them are involved into trading more than two types of assets.

The risk level also varies accordingly.

Try to have a trading portfolio that has mix of different types of assets.

This will help you to be stable even in case of any crucial market uncertain events.

Traders should be smart to understand the opportunities that are available to them and must be capable to take advantage of the same to get closer to success.

For this, a lot of dedication, time and effort should be given by each and every trader especially during the initial stages of his/ her trading life.

It is important to keep in mind you are trading in a real-time market which has various types of traders who are inexperienced and well-versed in this topic.

It is not very easy to survive in this field unless you have the passion and dedication for the same.

Try to check if there are free trading accounts available and spend at least the first few months to learn how everything works in binary option trading!

March 1, 2017July 6, 2023

7 Tricks To Be Professional At Binary Options Trading

7 Tricks Professional At Binary Options Trading-Binoption

7 Tricks To Be Professional At Binary Options Trading

Are you a professional at binary options trading? If not, then you are in the right place to boost up your energy.

Most of you already know what binary options are, as you are here for the top tips and tricks on trading binary options. But, for the uninitiated, we will give a short brief.

Binary Options are financial instruments that allow you to trade on all kinds of assets such as forex, stocks, futures, crypto, indices, and much more. There are only two directions in binary trading and this is where it gets its name from.

By accurately predicting the outcome, you win a payout. If you are wrong, you get nothing and lose your initial investment. The time from when you place the trade till the time the trade lasts is the expiry time.

When you think the price of the asset will increase, you buy a call option. Moreover, when you believe the price will decrease, you purchase a put option.

It is just a short introduction to binary options. Head on over to our introductory guide on binary options trading that covers all the concepts of options trading in great detail.

After that, learn how to trade binary options successfully.

Can Anyone Be A Professional At Binary Options Trading?

Binary Option is simpler and far less complex compared to other forms of trading. It is easy to understand as well as beginner-friendly. But, does that mean it is easy to score profits when trading binary options?

Let’s take a look at statistics and probability.

In a study conducted by FinanceMagnates, they covered on Japanese binary trading industry. The average payout ratio was found to be at 95.69%. On an average 74.1% of traders ended up facing losses trades.

Roughly 1 in every 4 traders ends up making money trading binary options. By now you have realized even if they are simple to trade, it doesn’t mean everyone’s making off it.

What’s the difference then?
Why are some traders expert while the majority keep losing money, and blame their broker?
Are they missing out on some secret information?

Sorry to burst your bubble, but there is no secret mantra or formula that will make you rich overnight. There are, however, a few tricks and tips that you can apply in your trading. It will help you stay ahead of the curve.

Via this article, we will share with you the 7 best tricks to become a professional Binary Options trader. We will suggest you read till the last to find out what these tricks are.

Powerful Tricks To Become A Professional Binary Trader

There are two ways to be a master in the trading world. Whether you have to follow expert traders or take a specialist course.

But these will not ensure your trading success until you failed to manage your day to day trading routine. By following a few principles, any novice can make himself as an efficient and profitable trader.

Furthermore, we will recommend you to walk through these winning tips to make a difference between novice and professional traders.

Trick #1: Knowledge Is The Key

It cannot be stressed enough that adequate knowledge is the key to success in any form of trading. In binary options, you have to completely familiarize yourself with concepts, such as in the money, at the money, out the money, expiry time, strike price, etc. These are the very basics of binary trading.

Jumping straight into trading without education and research is exactly like driving a car without knowing how to do so. You will eventually crash and face the consequences.

Luckily for you, our binary options guides and strategy section will help you get all the necessary knowledge on binary options.

Trick #2: Choosing A Broker That Works Best For You

We’ve seen many novice traders who don’t take time to choose a broker for them. There are a few factors such as regulation, withdrawals, minimum deposit, customer support, and payout percentage that you should consider before choosing a binary options broker.

Even if you have considered these factors, you are left with so many options to choose from that you are left confused.

We at Binoption constantly test and review the best binary options brokers that will deliver you the winning experience.

Not only that but also we extensively check these brokers and recommend only the ones that satisfy all the requirements.

Based on these factors, we will recommend you the following brokers: Binary.com, IQ Option, and BinaryCent.

Our Recommended Brokers

$ 5 Minimum Deposit

Regulated: Yes
Maximum Payout: 100%
Demo Account: Yes

$ 10 Minimum Deposit

Regulated: Yes
Maximum Payout: 93%
Demo Account: Yes

$ 250 Minimum Deposit

Regulated: Yes
Maximum Payout: 95%
Demo Account: Yes (Paid)

Trick #3: Utilize The Power Of Demo Account

Practice or demo Accounts are underrated in the sense that not many traders realize their importance. Most traders see it as a way of testing out a broker, before depositing money.

Instead, you should consider demo accounts as a practice tool, where you keep trying different strategies and see what works best for you. It won’t matter if you fail a hundred times, because the funds are not real.

Everything else including the market conditions, price charts, etc. are real. In this way, you can keep your emotions in check while sharpening your trading skills.

However, some demo accounts are limited, by either time or funds. If you want a completely unlimited demo account, look no further than our broker’s section. You will find a list of brokers that offers a free lifetime demo account.

Moreover, the demo account is free to use in both web and mobile application. The main advantage of using a practice account is one will gain confidence and experience while testing the platform.

Last but not least, you will be able o create profitable strategies to power-up your trading.

Trick #4: Stick To Longer Expiry Dates

People are more interested in binary trading because the outcome is miraculous within a short period. If you have been trading binary options in shorter timeframes and having little success with it, you need to slowly transition to longer trades.

Let me explain why.

By short-term trading, we mean trades that last from 60 seconds to 1 hour. Even though these timeframes may seem tempting as a quick way to make money, it would be wise for you to open positions that have a longer expiry period.

The market is volatile. On the other hand, for certain assets such as forex or crypto, the market is extremely volatile. The price changes are rapid and hard to anticipate in shorter intervals.

Most indicators would give inconclusive results in shorter times. Therefore, your chances of being accurate would decrease.

Don’t let the greed of making quick money get in the way of successful trading.

Trick #5: Develop A Professional Mindset

You may have all the experience, knowledge, and tools to be a professional at binary options trading, but without the right mindset, you will not get very far.

What separates a professional from an amateur apart from skills is his mindset. Even professional traders face losses. But what differentiates them from you is that they take their losses as a lesson and move forward.

Do not try to make up losses. Instead of that, you need to adopt a mindset. Some of the traits that a successful professional trader possesses are:

Discipline
Adaptability
Patience
Mental Toughness
Perseverance

If you can discover the tricks of improving trading psychology, you can smoothly execute trades by staying disciplined.

Trick #6: Consider Automated Trading

Automated trading systems are based on trading algorithms that trade on your behalf. These are designed for beginners to earn from trading without having to learn it.

These days, trading robots have become more advanced. Their accuracy and performance have increased attracting all sorts of traders.

Our recommendation would be to use a combination of both automated and manual trading to achieve optimal results. Treat automated trading as a supplementary tool, rather than being completely dependent on it.

The following trading robots have been tested by us, and we recommend these for auto trading: BinBot Pro, Binary.com Auto trading Bot, and DaxRobot.

Our Recommended Robots

$ 250 Minimum Deposit

Returns up to 90%
Demo Account: Yes
Robot Profitability:300%

$ 5 Minimum Deposit

Returns up to 80%
Demo Account: Yes
Regulated and Trusted

$ 250 Minimum Deposit

Returns depends on trader
Demo Account: Yes
Fully Automated Bot

Trick #7: Strike A Balance With Copy Trading

Copy-trading allows traders to copy the positions of top traders. It allows new traders to make money without knowing how to trade.

What we mean by striking a balance with copy trading is to not completely relying on it.

Copy-trading platforms like eToro and ZuluTrade allow you to copy other trader’s position for free. They behave as a social platform where you can interact with other traders.

Furthermore, traders can use copy trading as a tool to learn a trade from the top traders and att the same time earning a passive income. It is notable that BinaryCent broker also offers copy trading.

But the trick is not to blindly copy them. In the long run, it’s always wise to personalize your trading strategy to get the optimal results.

Conclusion

There you have it, our collection of the best tricks and tips to make you a professional binary options trader. Remember that becoming a professional is not something you can achieve within a day, or a week, or even a month.

It will take years of practice and persevering to get where the top traders are. One of the major reasons why most traders don’t become successful is because they give up way too easily.

They fear of losing their investment and hesitate to trade further. Hence, it would be wise to invest a small portion of your investment (3-5%) in a single trade.

Once you are confident in your trading skills and are willing to take bigger risks, you can go for the big trades. We hope you get the success that you desire with binary options trading and stay in touch with us for more binary options information.

March 1, 2017October 22, 2020

How To Be An Expert In Binary Options Trading?

If you are looking for one of the most fascinating trading instrument, the best one is binary options.

Sometime during 2007 this instrument started getting of attention through advertisements and it is today one of the most profitable investment strategy used by most traders.

Here the investors mainly have just two options of “Call” or “Put”.

When the price is expected to shoot up- ‘call’ is considered and ‘put’ is considered when the property value is expected to go down.

In order to avoid price manipulation in the market volume weighted average method is used by trading brokers on the expiration date.

Through this the chance of market being control by a single broker is prevented and thus helps in providing reliable and accurate prices for the trades.

The financial market is always volatile, though at times it is stable, the stability is not constant.

Each trader should be able to predict the future and accordingly invest.

The trading strategies should be such that it is adaptable for the changes in the financial environment.

In-depth understanding of the trends and market movement are the key factor to be successful in this field.

Some of the beneficial binary options strategies that can be used while trading binary options are:

Lookout for breakout:

When the price of trading is within a close fitting range, lookout for a break out comes into play.

The aim of this is to find out the price range in which the present price will break through.

A potential breakout level has to be identified by the trader and forecast the performance of market with this in mind.

The stronger the breakout level, the stronger will your trades in the market movement.

The market’s momentum has to be taken into consideration while checking the breakout level.

The trades should be executed at the time of low liquidity.

This is usually during the market closing time and still when the volume is stronger.

Other things to be kept in mind are avoid early anticipation of the break.

Find out the right market for your trading activities.

Timing of investing and withdrawal of money is very crucial in order to avoid any uncertainties.

Try to avoid Retracements:

Price reversal is another threat that is seen at various stages of financial trends.

It is important to keep in mind price reversal is temporary and taking any decisions at the basis of this will not sustain for too long.

An asset chart will help you to track these retracements easily.

Even though the market looks continuously strong, these asset charts will help you see the slight dips and peaks during the general movements.

Resistance and support level should be identified:

The most reliable strategies in binary option trading are resistance level and identifying support.

The level which keeps market from getting lower level even after two rejections is support level.

And on the other side, resistance level is the level which controls the market from getting high levels even after two or more rejections.

The three main things that happens the market once resistance or support level hits are change direction, stall and retrace.

The support and resistance levels can be identified through plotting.

These levels are termed as “pivot levels”.

This will also help in determining the expiry time for any given trade.

Make use of trend signals:

These signals are a type of fundamental indicators that will help traders with information of when to enter into a trade and when to stay stable.

The signals are on the basis of various types of analysis of the market information and movement of prices.

The main forms of analysis are technical analysis, fundamental analysis and price action.

Technical analysis is mainly with the help of indicators on identified charts while fundamental analysis is on the basis of new releases, important events and so on.

Understand Market conditions:

The capability to recognize and interpret various market conditions is one a crucial factor.

Each trader should have good analytical skill.

Through these analysis if they are able to forecast futuristic changes, then success of trading lies in the same.

The various factors of the same are ranging markets such as no touch trades and boundary or trade ranges, Trending markets and Chopping markets.

Ranging markets will help in setting the boundary or strike price limits for the market.

Trending markets are to check if the price is moving as expectations and accordingly profit is calculated.

Chopping markets is more associated to spikes, whipsaws and various other forms of misdirection that can trap a trader.

Apart from these strategies there are lot more tips and tricks that are used by various traders to be successful in the trading environment.

Here each day is unique and the level of executing winning trades and losing trades is left up to each trader’s choice.

Another important factor is there are lots of strategies out there.

The trader has to crucial scrutinized each of these strategies to find the right ones that go along with his/ her style of trading.

Applying same strategies at all market conditions will lead to failure of the trade.

Similarly using same strategy for all type of trades will also affect the winning status of the trade.

It is quite normal that everyone wants results right away.

But in binary option trading you need to have a lot of patience and persistence.

Expecting things to happen overnight is more like trying to be greedy for money.

The trader should stick to longer expiry dates to gain maximum benefits.

The longer you are in a strong trade, the more the return on your investment will be.

Continuously keep a check on your emotions.

Never let emotions to take control over the trade strategies.

This will lead to fall in performance or will lead to taking decisions that are not logical.

Executing trades with right broker is another key factor but be mindful about the legitimacy, trustworthiness and professional nature of these brokers.

Binary Options Brokers In Auto Trading: How Brokers Plays A Significant Role

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Conclusion

Is Binary Options Auto Trading Really Making Any Difference?

Binary Options Auto Trading Guide

Why Auto-trading For Binary Options?

Have Control Over Your Trades:

Choosing Good Binary Options Robot:

Have Realistic Expectations:

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Conclusion

How To Get A Head-Start For Beginners In Binary Options Trading

Beginners Binary Options Trading

Make use of Weekend Financial Market:

Beginner’s risk is high risk:

Robots for Trading Options:

Results from binary option brokers:

Legitimacy is important than investment:

Customization of robots:

Binary Options Traders Questions That Frequently Pop In Every Mind

Top 12 Frequently Asked Binary Options Traders Questions

Ques 1: Are Binary Options Regulated?

Ques 2: Why It Is Necessary To Start Step-By-Step?

Ques 3: What Should Be The Investment?

Ques 4: What Is An Ideal Expiry Time Frame?

Ques 5: What’s The Need To Use Charts?

Ques 6: Who Are Good Valid Binary Options Brokers?

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Ques 7: Is Binary Trading Profitable?

Ques 8: Can Binary Options Traders Become Millionaires?

Ques 9: Is It Possible To Minimize Binary Risk?

Ques 10: Is Binary Options Trading Gambling?

Ques 11: What Are Good Strategies?

Ques 12: Do I Need Any Software To Trade Binary Options?

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Final Thoughts

Flip Sides Of Booking Binary Options Trade

Booking Binary Options Trade

Trade binary options only if you are sure of:

Be prepared to face Risk of Loss:

Checklist these even before trading binary options:

ROI- Return on Investment:

Data and Understanding go hand-in-hand:

How To Choose Binary Options Broker - 13 Facts Before Picking The Right Broker

What Is Binary Option Broker

How To Choose A Binary Options Broker - 13 Facts To Remember

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3. Payout Percentage

4. Initial Deposit Amount

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6. Deposit And Withdrawal Options

7. Multiple Assets Investing

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