How To Trade On Deriv X

How To Trade On Deriv X - Learn With Step By Step Guideline

The following article on how to trade on Deriv X will assist you in trading on Deriv X. Including you, everybody wants a little personalization on their trading gear. And, Deriv knows that very well.

By giving you control of your trading environment, Deriv X offers you the same feeling. With this highly customizable CFD trading platform, you can place trades much more easily.

So, our goal in this blog post is to help you get started with the Deriv X platform by showing you how to place your first trade.

How To Trade On Deriv X

Before getting started on Deriv X, you’ll need an account. If you don’t have a Deriv X account yet, check out our Deriv review to open an account.

It is important to note that the broker offers a free demo account. So, trading is now easier for newcomers. Anyone can pull the buy or sell button without losing their money.

Please read this article if you want to cover why a demo account is necessary.

1. First Step

Use your valid email and password to log into the account. By filtering the Asset Class column, you can view the Asset categories you wish to trade and pick your desired asset from the list.

A broad number of assets like forex, commodities, and cryptocurrencies are available for traders.

Additionally, if you would like to trade synthetics, click the Account tab in the platform’s top right corner and select the second account listed there.

As a result, all synthetic assets will be displayed on the watch list.

2. Second Step

In the second step, there are three ways to trade on Deriv X

To place a buy or a sell order, right-click the asset on the watch list
Click either the Bid or Ask price on the watch list
You can either purchase or sell the asset by right-clicking its chart

3. Third Step

Now you will see a New Order box on your screen, where you need to complete the following:

Choose an order type (Market, Limit, Stop, OCO)
Indicate the lot size
Decide whether to buy or sell based on your prediction
Set a limit for your Limit, Stop, or OCO order
Click on Protection Orders to set your stop loss or take profit limits
and then click Send Orders

You’re done! Deriv X has successfully processed your first CFD trade.

If you click on the Positions panel, you will be able to see your new position listed there.

See your position details, including position ID, the fill price (the price at which you opened your trade), current price, and profit or loss based on the current market price.

Make changes to your stop loss or take profit limits by double-clicking the open position. Finally, right-click on it and select Close Position to close your open position.

Click below to open an account.

Final Words

Aside from creating your own trading experience on Deriv X, you can also enhance your ability to predict price movements by customizing the window at the top of the chart with drawing tools and technical indicators.

Interested in exploring the platform and trying out CFD trading with virtual funds? Log in to your Deriv X demo account right away.

January 12, 2022January 22, 2023

5 Best Binary Options Brokers In 2021

5 Best Binary Options Trading Brokers-Binoption

5 Best And Profitable Binary Options Brokers In 2021 - Expert Suggestions With Ratings

Our long waited article “Best Binary Options Brokers in 2021” is here. It was a wonderful experience for the team, as the readers had been asking for these for a long time.

Binary trading is always profitable who aim to fill their pockets on a short-term basis. But the truth is, if you fail to take the first step correctly, the rest of the steps will be a nightmare for you.

So, we are pleased to announce that we now have an article on the 5 best binary options trading brokers where you have put expert’s helpful reviews along with the ratings.

Each section is important. We designed it for extremely new traders and those who want to deal with multiple platforms.

We have burned the midnight oil to research and analyze each plot and furnish this article. As a result, you don’t need to spend hours searching for information about your broker.

Note that this is not a broker review article. We have provided links to our central reviews where all relevant information pertaining to the brokers can be found.

Binary Options Brokers In 2021 - Factors To Consider

In different parts of the world, there are over hundreds of trading brokers. Not all brokers are suitable, and we never recommend you to jump just by seeing its lucrative features.

We have been reviewing many brokers, and particularly, very few brokers are still waving their flags with trust. Others are just struggling.

We overlooked a few aspects of these brokers when reviewing them. Since these aspects are mostly threatening to traders, brokers use them to trap traders.

So, what factors should be considered when evaluating the best binary options trading broker? You should pay attention to this section because we will draw the broker’s anatomy based on these factors.

The initial one is the broker’s regulation. It is the most noteworthy fact. You can’t ignore it no matter how gracefully the broker has won your heart. The regulation will add extra value and security to traders. After all, it’s your money and you have a right to protect it.

The second phase is the deposit amount. Small deposits are better for new traders. Most of the brokers that we have mentioned here allow traders to start with a small amount.

Next, move to the support center. A great customer support team can solve your problems without confusing you.

The alarming one is the withdrawal part. We get a lot of mail from traders having difficulty withdrawing their funds every day. Traders suffer from not reading the terms and conditions.

So, never try to skip the lines, or the broker will forget about your money. Remember that your simple and silly mistakes could lead to your account being permanently suspended.

However, we have also counted traders’ reviews and experiences, including the mentioned factors. Thus, our team went through several trading forums to read the experiences of real traders.

Considering all aspects, the mentioned brokers are nominated as the best binary options brokers in 2021.

5 Best Binary Options Brokers In 2021

According to our research, the binary market widely accepts a few broker’s platforms that continuously provide the most satisfactory service. Some brokers are the most ancient in the industry, while others just recently opened their doorways for traders.

As we mentioned earlier, we have selected these brokers based on reputation, including regulation, payout percentage, customer reviews, etc. We aim to secure your money and give you the best possible suggestions to profitable each trade.

In this discussion, I’ll begin with the most popular ones recently rebranded with a new name and platform.

1. Binary.com - Miracle Under One Roof

Binary.com is the most popular binary trading broker that allows traders to trade with a wide range of trading assets. Including an overview of the platform, the binary.com review will give you a reasonable idea of how the broker functions and what benefits you can expect from it.

Binary.com is the best-suited broker platform, especially for beginners. Beginners will get a simple and user-friendly trading dashboard that has zero complexity. On the other hand, you can also consider this platform the best fit for professionals due to its profitability and multiple account types.

Over the years, our team has reviewed this platform and found very few negative reviews. And it is absolutely true that not all traders get the same feedback from a broker. However, we have talked with a few experts to ensure the broker’s legitimacy.

According to their speech, the platform still holds the crown. This broker excels in every aspect, from regulation to customer service.

Let’s check out what we have.

Regulation is the most vital point to check before picking any broker’s platform. A regulated broker will display the best features, and most importantly, your money is in a safe hand.

On the other hand, regulation means the broker operates legally and tries not to scam their customers.

If you go through the broker’s website, you will find that binary.com is a multi-regulated company. Each of the regulatory bodies is renowned.

Additionally, we have also checked the financial security of traders. And the feedback we received was impressive. You can enable two-factor authentication for the account. Using two-factor authentication, it is nearly impossible to hack your account. You must confirm your login with another device before logging in.

Also, Binary. com provides a clear login history of your account. To secure your deposits and withdrawals, you can set up a cashier lock password. It is the safest trading platform so far, we have seen.

Next, we’ll talk about deposits. The broker allows traders to deposit as little as $5. This is why we told you that this broker is one of the most outstanding choices for novice traders. Because you will take fewer risks when you start with a small amount.

Then the demo account section. Undoubtedly, it is the finest feature for traders to test the trading strategy. Note that Binary.com allows traders to enjoy an unlimited demo trading facility.

Amazing, right?

Like this, there are many notable features that you will get while trading with binary.com. Only because they don’t have any scam footprints, traders from almost 194 countries safely execute trades with the binary.com platform. In other words, this online broker has served over one million traders worldwide.

In terms of rating this broker, our team gives it 8 out of 10.

2. Deriv - Discover The Best Experience

As a second choice, the team selected the Deriv platform. Deriv is the rebranding of binary.com. So, you will get everything on the same plate with a better decoration. That means the platform offers everything identical to binary.com but with other new features.

Let’s find out what this broker offers and what makes this platform outstanding from the other.

Note that the platform holds the same regulatory information if we start from the regulation part. The regulatory bodies work as watchdogs to ensure that the broker does not behave illegally or unethically with traders.

Before branding as Deriv, the platform focused on new innovation and customer satisfaction for 20 years as binary.com. But in 2020, the team suddenly decided to relaunch a new brand with a new target.

At the same time, as an online trading platform, Deriv allows users to trade the way they see fit with customizable charts and tools. The asset basket is somewhat limited, particularly when compared to the “big boys” of the industry

We never got tired of mentioning all the features of Deriv in our review, including the overview of the platform. From the review, you will also be able to determine which account types are suitable for you. That is because not every account type is ideal or recommended for everyone.

So, it is wise for you to have a quick look so that this particular article could add more value to your basket.

About the trading instrument, our market research and trader’s feedback showed that the synthetic indices market got the highest response from traders. The best part is that these indices are available to trade 24/7. Additionally, these are not affected by regular market hours, global events, or market or liquidity risks.

From the deposit amount, each and every portion of this broker is undoubtedly the most delicate piece for beginners. The minimum deposit starts from $5. Though it is not different from the binary.com broker but definitely a modernized trading powerhouse.

Moreover, you are welcome to open your deal using a demo account with zero knowledge. Consider the resource part as your trading guru.

We have seen some unfavorable reviews about the withdrawal option. But the most hyped website Trustpilot came up with an excellent review rating on the deriv. Even this broker exceeded our expectations in every respect.

In our expert opinion, traders should review the broker’s terms and conditions. However, the page is not a comic book to enjoy but will get all vital information that could protect you from making mistakes.

In terms of rating this broker, our team gives it 9.5 out of 10.

3. IQ Option - Expert Of The Trading Industry

Maybe you will find a microscopic number of traders who do not know what IQ option is.

Yes, it is a fact, not our sentiment.

We could scale this broker to the top, but the other two are somewhat favored due to their super service.

But it does not mean IQ Option is just a new platform to trade. Furthermore, it is a binary broker that has been around for decades and serves over 48 million traders in over 100 countries.

True, it’s a giant! IQ Option is the fastest-growing trading platform.

Let’s see what we can bring for you.

Initially, the broker focused exclusively on binary options. In order to avoid regulatory issues and scam activities, the broker has now rebranded itself as an options and CFDs broker.

The platform is regulated and won multiple prestigious awards for its tremendous work. As I recall, our team spent the most amount of time researching this broker because of the scam prints.

However, they have recently updated their services and have made it suitable for beginners as well as experts.

The outstanding part is that our extensive IQ Option review will give you a solid idea about the broker. However, even though the platform is user-friendly, novice traders often seek guidance before executing a trade.

In our review, you will find everything you want related to the broker with proper instruction.

So, bounce and read the IQ Option review before finishing this one. As with the other brokers, the deposit amount is also minimal, which is convenient for new traders.

I was screaming with joy after seeing the trading assets list. The platform allows you to trade multiple trading instruments with the highest return percentage.

Day trading or options trading is suitable for traders who want to generate quick money, so the highest return percentage is promising.

The platform is constantly being tested by our experts for any flaws. Sadly, we haven’t been able to find any as of yet.

And about the broker’s legitimacy, we ensure that your money is handled professionally and ethically.

Lastly, about demo trading, hope you have already learned the importance of operating a demo account before playing with real money.

So, I am not going to put extra effort into this issue. You might be interested in reading this article about demo accounts and their benefits if you’d like to find out more.

In terms of rating this broker, our team gives it 7 out of 10.

4. BinaryCent - Trading In Cents

Our fourth pick is the binarycent broker, which newly stepped into the financial market. The broker mainly focuses on cent trading. That means a trader can trade from 10 cents.

Compared to the other three brokers, binarycent is a comparatively new broker with no regulatory framework. So, apparently, you can’t say this broker is legitimate. Fortunately, we found something mesmerizing about this broker, and that’s why this platform is on our list.

The first pick is the deposit amount, which is surprisingly high for new traders. So, ultimately, this broker is the best option for professionals who have experience in minimizing trading risk. So, if you are new, please save your hands before playing with the fire.

The platform is quite user-friendly, with many tools and charts. Using the right tool and strategy, you can make each trade profitable. But don’t forget that the risk of losing your money is significant.

The review that we got from Trustpilot is inferior. Therefore, we decided to follow some experts who have their own opinions on Binarycent. Several reviewers assert that it is not a scam broker and that you can also generate income if you have strong control over the trading market.

Our experts also nailed it. We tried both short-term and long-term trading using this platform. Amazingly, the short-term trading decision was the most promising so far.

And about withdrawing money, yes, we have done it successfully. So, you can consider it as a trustworthy broker. Additionally, the customer support team is super responsive.

But from my prior experience, I always advise traders to check the rules or terms section thoroughly before opening an account. Because for a single wrong move, you could lose your account permanently.

Another exciting part is that the broker allows traders to automate trading using bots. Our expert trading team made three successful trades among five using the Binbot Pro robot.

We never recommend our traders to fully automate their trading. Take some time to analyze the market manually and combine that with a trading bot.

The overall experience with this broker was good, and from our end, the rating is 7.5 out of 10.

5. Olymp Trade - Seamless Trading Journey

We will conclude this discussion with an overview of Olymp Trade. This broker platform is our last pick for its updated features and trustworthy manner.

With their impeccable service, this is another platform that has already covered so far 194 countries.

The seamless trading platform is not the only reason the trading broker has gained the trust of millions of traders. So, in this article, we will see what they have done in previous years to make them stand out from the rest.

If you go through their website, you will find impressive numbers. But these numbers are not enough for you to decide you should go with this broker.

Just like Binarycent, Olymp Trade is also a category A member of the Financial Commission. They are not regulated, but the quality of the platform’s trade execution is certified by the company. So, if you’re looking for perfect legal documents, then maybe you’re not in the right place.

Our Olymp Trade review has already disclosed many facts that a trader should know before opening an account. These facts are significant to understand since no one wants to throw their money into the trash bin.

So, we will request you all to read the Olymp Trade review article before taking any trading decision.

The global review is entirely satisfactory, as is ours. As a binary and forex broker, they tried to make their platform user-friendly so that anyone can trade with minimal trading knowledge. So, the broker is highly suitable for new traders.

Our team of experts found several complaints regarding the withdrawal process. In our opinion, traders confront this because of their lack of basic information. Olymp Trade doesn’t allow traders to withdraw money without verifying the account.

However, account verification is not always necessary, but if so, they will send you the guideline via email.

On the other hand, we suggest that; please use all valid information while opening an account. It is crucial, as faking with brokers can harm you in the long run.

Over the last couple of years, the broker came up with new updates. They have included new assets on the platform and enhanced their chart section. Even we got buzzes that the demo account feature is way better than the MetaTrader platform. But we do not entirely agree with this because professional traders still prefer Metatrader.

During their seven years of service, they always focused on customer reviews. Recently they brought a new instrument, Quickler, a perfect solution for many traders.

Still, we are not sure about the profitability of this instrument, but we think that it will enable users to think and take control of their trading activity.

Our experience with this broker was good but for short-term trading. So, the rating will be 7 out of 10.

Final Words

Finding a perfect broker is hard. You have to accept scars but don’t let them wound you the most. So, check whether or not the imperfection is acceptable in trading.

Like other trading types or classes, binary options are not permitted in all countries. As a result, the platforms are limited if you want everything under one roof.

Hope this article will guide you and help you to pick the right one.

November 21, 2021January 23, 2023

Why Trade On The Weekend – Deriv Trading Platform

Why Trade On The Weekend Deriv-Binoption

Why Trade On The Weekend - Deriv Trading Platform

Let’s talk about the most concerning point for traders. We found that there is a misconception about weekend trading that you can’t trade on the weekend because most of the financial market remains closed, which is not entirely right.

The truth is, there are still markets that you can trade on Saturdays and Sundays.

Even many brokers, including Deriv, offer unique features on weekends. Many traders like you are also looking for ways to continue trading every day, even on weekends.

But the question is, why are people interested in doing so?

Let’s find out the actual reasons why trade on weekends.

Why Trade On The Weekend?

As we mentioned earlier, trading on the weekend is quite common for traders nowadays. In fact, weekend trading in binary options is booming.

Trading on those days gives seasoned traders more time to refine their strategies and take advantage of market movements.

Here are some powerful reasons to consider if you’re a beginner and want to know if it’s right for you.

1. More Time To Trade

Weekends give you more time to trade, allowing you to profit from price movements. In contrast to weekdays, you have fewer distractions.

Additionally, you cannot think through your trades and limit the risk of making hasty decisions simply because you want to take advantage of opportunities.

So, you will be able to analyze the market in peace.

2. More Flexibility To Trade At Your Convenience

Many retail traders have day jobs. So, for them, trading on weekdays is nearly impossible.

Since the weekend offers the most flexibility due to busy schedules and commitments throughout the week, it is the best choice — you have the freedom to choose your own scheduling hours.

3. Keep Your Trades Open

Even if the market is closed on the weekend, you will still be able to trade. For markets that are closed, your trading conditions, such as stop loss and take profit, will remain in place but will not be activated.

Whenever you need to close a trade manually, you can do so. However, it is possible to earn additional gains over the weekend if you are confident in your trades.

4. Being Extremely Focused

The benefit of weekend trading is that it allows you to focus on your trading more than weekdays excessively. So, you can make good use of these days.

Start planning and making strategies that will help you to get a significant profit margin, though swing trading strategy is the best suit for traders.

Final Words

Not all markets are open for weekend trading. If you are a Deriv lover, you should know that two markets never sleep, which you can trade on Deriv — synthetic indices and cryptocurrencies.

Trading on weekends sounds very attractive to traders who have regular jobs. So, use this advantage wisely to get the highest benefits of each trading.

November 9, 2021January 23, 2023

Why Can’t Traders Withdraw From IQ Option?

Why Can't Withdraw With IQ Option Binoption

Why Can't Traders Withdraw From IQ Option? - FAQ On Withdrawals

Why can’t traders withdraw profits from IQ Option? What are the reasons behind an account restriction while starting my earnings?

These are the quite common question that traders ask before or after facing withdrawal problems. Though the issues could be minor or significant, you should always prepare for an accurate report as a trader.

Because at the end of the day, traders joined this most popular platform to receive profits.

So let’s talk about the FAQ withdrawals with a proper explanation.

Why Can't Traders Withdraw From IQ Option?

To verify your account with IQ Option, you must submit a few necessary and valid documents. If you miss submitting these documents initially, you must complete the task before withdrawing the profits.

Each of the documents is extremely important because it carries your authentic identity.

Our IQ Option withdrawal and deposit article explains how you can withdraw and deposit from IQ Option, problems, withdrawal proofs, and account verification process by following all the terms and conditions.

Have a look at this to clear the basic steps before analyzing the other facts.

1. What Is The Maximum Amount I Can Withdraw?

No wonder IQ Option will set a maximum withdrawal amount. The maximum is $1 000 000, which gives you quite a lot of freedom in making your choice.

Hope you won’t miss our IQ Option Review article to know more about this broker. If you do so, don’t forget to spend a few minutes reading this article.

2. How Soon After Making My First Profit Can I Withdraw?

There is no particular time frame. If you want to withdraw just now, you are most welcome to do your job. You are not restricted to any specific terms. IQ option make

They believe in letting traders make their own decisions at IQ Option. The company is committed to keeping your money safe. It’s your money, your rules.

3. What Will Be The Currency Of Withdrawal?

When the currency of your IQ Option account differs from the currency of your bank account, the funds will be exchanged by your payment system according to the current exchange rate.

4. What Are The Stages Of Withdrawal Processing?

To end a successful withdrawal, you need to follow a few steps. After sending the withdrawal request, it receives a “Request” status. After the request comes to process, it gets an “In process” status.

Funds get removed from the balance after receiving an “In process” status.

Lastly, the funds will be transferred to the payment system wallet after the request receives the “Complete” status.

5. How Soon Will The Funds Get Credited?

Well, it depends on the withdrawal methods. Generally, it takes 24 hours for the Company to process your withdrawal, but in some cases, the time of payment depends on the bank or the e-wallet system.

So, it is wise to note approximately around 1 day for the e-wallets and up to 21 days for the banks.

6. Why Is The Status “Complete” But I Don’t Have The Funds?

If your request is marked “Complete,” that means we have sent the funds to your payment system; therefore, the funds have left us, and the other process depends on your bank or e-wallet.

If the funds do not arrive within the standard timeframe, we will provide you with the transaction code. With the help of that code, you can locate the transaction and pay you the funds.

7. Where Do I Withdraw?

You must withdraw to the same card or e-wallet you have used to make a deposit before. Otherwise, the system will cancel the request.

On the other hand, the amount must not be larger than the deposit made from that card (no amount limits for the e-wallets, though). These are the security measures we take.

8. How Do I Withdraw To The Card?

Once you have deposited via your bank card, please note that at first, you will only be able to withdraw to the same bank card. The amount must not be larger than the total amount of the deposit made on the card.

The rest of the funds can go to the bank account (not the card) or to e-wallets like Skrill or Fasapay. Please see the complete list in our IQ Option review article.

Please check FAQ number 1, to find the attachment.

Also, here is the article we have made on why the IQ option blocks a trader’s account.

Final Words

IQ Option gets its popularity among options traders globally because of its transparency. The trading platform has a broader number of trading assets to trade any trading classes.

Join IQ Option and make your first trade today. Click the link below to open a FREE trading account.

September 13, 2021January 23, 2023

Top 3 Binary Options Trading Robot 2023

Top 3 Binary Options Trading Robot 2023

This top 3 binary options trading robot article is the prove of our sleepless night.

Automated trading or robot trading is a concept that has been introduced previously. To save time, it is the only tool for manual traders.

Furthermore, using an automated robot will vastly enhance your profits, a blessing for new traders. But you must know the tactics if you want to hunt the monster. So, here’s an exciting piece that any of you would be eager to hear.

If you are looking for the best software platform for trading, this article is a must for you.
We will reveal the names of the profitable top 3 binary options trading robots of the year 2023.

Note that last year, these robots were equally impressive, and traders responded positively to them.

Let’s see why we have enlisted them here.

List Of Top 3 Binary Options Trading Robot

You may have heard about regulation and why it is important for traders. Specially, we pushed traders to select a regulated broker. But for trading bots, regulation is just a myth.

Except for a few, the financial market will introduce you to countless licensed free trading software. Some of those showed tremendous performance. On the flip side, some of those just vanished.

And here, we have combined both regulated and unregulated trading robots. We have listed the following three after researching and collecting user feedback.

Dbot
BinBot Pro
Binary.com Bot

Here, we’ll describe each of the features briefly. And you can either read the article or enjoy the video below.

- Dbot:

Dbot is a relatively new auto-trading software provided by Deriv, a rebranded platform of the renowned Binarycom.

Though it is new, the features are quite similar to the binarycom bot. As the name of this bot relates to this trusted authority, there will be hardly any chance of fraudulent activity.

Here, we will showcase some major features but if you want to know more, read the Dbot review.

But what about the regulation?

Fortunately, this bot is regulated by multiple regulatory bodies and has a firm prominence.

After regulation, the first attraction is the Demo account. Furthermore, you can either choose from the pre-build strategies or implement your own strategy by planning as an expert.

By the way, it won’t cost you extra money. Let’s look at why our experts recommend this bot for the upcoming year.

Pros:

Minimum deposit of $5
Regulated and licensed
User-friendly interface
Claimed 90% winning rate
100+ tradeable assets
No extra fees
Smooth withdrawal

Cons:

Variable spreads
Limited account option

Even for building a bot, you don’t have to struggle with many things. All you need is to drag and drop what you want from here.

Pretty simple.

The most important thing is its accuracy level. Yes, it has an almost 90% accuracy rate. Regarding the winning ratio, DBot is the best choice for novice and professional traders.

- BinBot Pro Robot:

Do you want to trade the most profitable virtual crypto coin, Bitcoin? Then, Binbot pro is the right choice for you.

It is another compelling automated trading robot these days.

Without regulations, BinBot Pro has been going strong since its release. So, regulation is not a mandatory pick point for trading software; if anyone has, it’s an extra.

You can either build your bot or can choose from the pre-build robot list.

In terms of the deposit amount, Binbot allows a higher range of minimum deposits compared to others like Binarycom and Deriv.

So, you must deposit a minimum of $250 to start trading.

Now, the vital fact is why we enlisted this bot as a top-listed one. Well, the first reason is that we have already tested this platform since its birth.

So, let’s uncover the benefits with drawbacks.

Pros:

Claimed up to 90% winning rate
Minimum deposit $250
Trade a wide range of cryptocurrencies
No account fees
Leverage 1:100
Withdrawal timeframe 1 hour

Cons:

Limited account option
No mobile application
Demo account last only 60 sec
High minimum deposit

There were both good and bad results. But the ratio of excellent results is comparatively higher. So, yes, it indeed helps to make money.

The second reason is there is no more scamming news about this bot. Yes, some people indeed have a negative outlook and experienced loss with this bot.

But at the end of the day, we have found that being unable to use this bot correctly was the main reason behind their failure in most cases.

- Binary.Com Robot:

The binary.com broker is one of the oldest trading platforms in the binary industry. As with the broker platform, their automated bot also earns an excellent reputation. Yes, this regulated and trusted broker is a testimony to this bot’s effectiveness.

With proper use, this bot will definitely assist you in earning money.

The first lucrative feature is the trader will get a demo account facility worth $10,000. Definitely, it is necessary for new traders who want to practice before risking money.

Would you like to know the success rate?

Then note that you’ll get over 90% successful trades if you can use it accurately. And that is why most traders prefer to use this bot. The team crafted it so that traders find it comfortable to use.

Moreover, you can customize the bot according to your market analysis and strategy.

Pros:

Minimum deposit of $5
Regulated and licensed
User-friendly interface
Claimed 90% winning rate
100+ tradeable assets
No extra fees
Smooth withdrawal

Cons:

Variable spreads
Limited account option

Want to learn more? Have a quick look at this review to learn more about the platform, deposit and withdrawal methods, etc.

What Is Binary Options Trading Bot?

Binary options trading robots are automated software programs that execute trades on behalf of the user. These programs are designed to analyze market conditions and then use this analysis to trade automatically on behalf of the user.

While they can be valuable tools for some traders, it is essential to carefully evaluate any binary options trading robot before using it.

You can check this article to learn how a trading robot works if you want to gather more. On the other hand, the paper will also give you a buttery essence by showcasing some pro tips.

How To Choose The Best Binary Options Bot

Not single one; there are multiple factors that one should consider before selecting a trading robot. Our experts have observed and researched selected automated trading robots for a couple of years.

And these top robots have successfully mounted trust and acceptance in the trader’s mind because of their unique features.

Keeping all things in mind, we will list the top three trading gears later in this article. Fortunately, those also meet our parameters.

So, here are the following factors that one trader needs to consider before selecting a software platform.

Cost
Compatibility
Transparency
Success rate
Ease of use

Security
Withdrawal success
Reputation
Customer Service
Tradeable assets

Note that automated trading is not suitable for everyone and carries the risk of substantial financial loss.

Let’s break down each factor to make it more informative to new bouncers.

- Reputation

Authentic trader review is hard to find on the web. But choosing a trading bot with a good market reputation is essential. On the other hand, as we mentioned, well-reviews are also necessary by other active users.

You can do some online research to find out what other people are saying about the bot you’re thinking. Moreover, research the reputation of the bot as well as the company.

- Tradeable Assets

First, you need to decide what asset you want to trade. You will find some brokers that offer multiple trading assets with multiple trading forms.

On the other hand, some auto-trading bot is specially designed for particular trading form. If you want to widen your portfolio, choose one that offers multiples.

- Cost

Each robot costs differently. There are two purchase models, such as

One-time purchase
Subscription-based model

Choose one which is good for you. Consider the cost according to your investment capability. Also, check the minimum deposit amount.

- Platform Security

Have you ever heard about online scamming? It happens when you maintain a low-security level. It could be you or your trading platform.

So, ensure that the trading bot you choose has strong security measures. It will protect your funds and personal information.

- Easy To Use

Beginners prefer having a dashboard with multiple functions that are purely organized. So, choose a bot that is easy to

Set up
Use
Mange trades

Especially if you are new to trading, a user-friendly interface will make it easier for you. You can customize your trading strategy and make adjustments.

- Compatibility

An automated bot is just a tool that secures your time. To fund any bot that which is subscription based, you need to integrate that trading software with a broker or exchange platform.

Make sure the bot is compatible with your preferred trading platform or exchange that you want to trade on.

- Transparency

Market manipulation is the greatest fear. And most of the platforms manipulate the market to take the bigger pie. So, choose a bot that is transparent about its algorithms.
It will help traders understand how the bot is making decisions and whether it suits your needs.

- Success Rate

Each automated trading bot will show you a winning rate. The payout percentage is an approximate rate you will get after winning a trade. But it is not verified.
All you need to do is demo trading to understand their structure.

On the other hand, please check the past track record. However, past performance is not necessarily indicative of future results.

- Customer Support

Customer support is the gateway to building authenticity. Choose a bot with good customer support if you have any issues or questions.

Apart from these, some other supporting factors also need special concern. These are

Withdrawal process and success
Demo account
Minimum deposit
Commission and fees

Those which we have reviewed here required no extra fees from traders. Yes, there may be some selected fees applicable based on the circumstances.

Facts Checking: Pro-Tips For 2023

Strategy is one of the key elements of success. But you can’t only rely on techniques by ignoring other facts. On the other hand, experts sometimes integrate the software with other signal providers. So, combine manual and automated trading strategies to get a profitable outcome.

Here are some pro tips to consider:

Look for a robot with a good track record: Choose a robot with a proven success track record. Look for one that has been tested and reviewed by other traders, and make sure to read both positive and negative reviews.
Consider the fees: Some binary options trading robots charge fees for their use. Be sure to carefully consider these fees and how they will impact your profits.
Test the robot: Before using a binary options trading robot, it is a good idea to test it using a demo account. Though, some bots manipulate demo results to attract traders.
Be cautious: It is important to remember that no trading robot can guarantee success. It is always important to do your own research and to be cautious when making trades, even if you are using a robot.

Final Words

So, if you are ready to start, then these 3 top-rated binary trading robots can be your good friends. You can use multiple or just pick one to open your first trade position.

Hope, you will love trading with them like other traders who use them. Ready to get started with the top trading robot in 2023?

August 23, 2021October 25, 2022

Google Forbid 8 Deceptive Crypto App From Play Store

Google Forbit 8 Deceptive Crypto Apps From Play Store

Crypto App- Google Bans 8 Deceptive Cryptocurrency Apps From Play Store

Crypto app/apps are quite popular among people who are looking for secure and quick money-making sources. Unfortunately, Google has taken down eight apps that charged fees for an illegitimate cloud mining service in its Play Store, duping crypto enthusiasts.

According to a Trend Micro report, several fake crypto applications are still active in the Google Play Store, with over 100,000 downloads.

Google Bans 8 Deceptive Crypto App/Apps

Moreover, these fraudulent mobile applications are becoming a popular method to deceive unwary users, with a high success rate. On the other hand, in a recent study, Trend Micro discovered eight Android applications tricking crypto enthusiasts.

Crypto users are misled by these apps into paying monthly fees for cloud mining that appears legitimate.

Furthermore, Trend Micro has reported its findings to Google Play to stop the current fraudulent movements, and the apps have been promptly removed from the Play Store.

Here is the list of fraudulent apps that are now no longer available on the Play Store:

BitFunds – Crypto Cloud Mining
Bitcoin Miner – Cloud Mining
Bitcoin (BTC) – Pool Mining Cloud Wallet
Crypto Holic – Bitcoin Cloud Mining
Daily Bitcoin Rewards – Cloud Based Mining System
Bitcoin 2021
MineBit Pro – Crypto Cloud Mining & btc miner
Ethereum (ETH) – Pool Mining Cloud

To see the comprehensive report, click here, where they have mentioned several essential findings and the amount of the monthly fees.

Final Words

Lastly but not the least, the company’s data suggests that over 120 fake apps still exist in the Play Store:

“These apps, which do not have cryptocurrency mining capabilities and deceive users into watching in-app ads, have affected more than 4,500 users globally from July 2020 to July 2021.”

August 9, 2021August 11, 2021

Topp Jirayut – Young Rebel Started Thailand’s Leading Crypto Exchange

Young Rebel Started Thailand’s Leading Crypto Exchange-Binoption

Topp Jirayout - A Young Rebel Started Thailand’s Leading Crypto Exchange

Topp Jirayut Srupsrisopa, a young brave, founded Thailand’s leading regulated cryptocurrency exchange, accounting for 95% of all the cryptocurrency transactions in the country.

But a few years ago, Topp’s parents asked him to close the company because they were afraid that he would go to jail. Let’s look at how he changed his life and gave birth to this profitable Crypto exchange.

Topp Jirayut - Life Of A Legend

Topp Jirayut was a terrible student, and for him, study was the last thing he could do. He was very fond of football, and in just one moment, he decided to play.

But a miracle happened when he got admitted to Manchester University.

Life gave him another chance, and he also wanted to make a good utilize about that. So, he mainly spent it in the library. Unlike a typical teenager, he sacrificed all the opportunities he could have chosen. Jirayut worked really hard, and finally, he ended up coming first out of all the universities in Manchester.

Yes, his hard work paid off.

After that, he got admitted into Oxford University for a master’s degree. But after graduation, it was lost. Top tried to find the success of the investment banking sector to the financial consultant. According to him,

I could not get a job at Facebook and Google, the best job that I could get that is related to economics, plus consulting.

One fine day, Topp Jirayut managed a one-to-one meeting session with an executive of PayPal named Dan Schatt. And from then, something pinching his brain so badly.

He decided to start a bitcoin company.

How Topp Jirayut Started His First Bitcoin Company

Topp Jirayut asked for a spare room for his new office from his parents instead of the capital. His aunt and sister donated him a chair and a table to start his new journey. That’s how he created the very first Bitcoin company in Thailand.

It was not a very pleasant journey for him. Unfortunately, something big happened at that moment. Half of his employees left the company for anti-money laundering issues.

He had to rebuild.

However, the team was able to solve that crisis when they moved into a bigger office. With a group of 30 people, they moved to a new office in Chiplun.

Again, the team faced another problem. The Bank of Thailand sent them an investigation letter. After seeing that letter, his father suggested that he shut down the company to avoid all unwanted situations.

Topp had to rebuild the company three times.

According to his statement, on 1^st April 2017, Japan Government announced the legitimacy of Bitcoin. So, he took over an IT company with a team of 20 people and turned that into BitKub.

How BitKub Born

BitKub was born in February 2018. It is a new generation digital asset and a cryptocurrency exchange platform that was introduced by Topp Jirayut Srupsrisopa.

Also, there is a burning history behind this platform that we have already mentioned earlier.

The company offers advanced exchange services to individuals who intend to buy, sell, and store cryptocurrencies. Moreover, the team legally registered the company with a starting capital of 50 million Baht. The base of the operation is in Bangkok, Thailand.

Bitkub aims to bridge the gap between blockchain and cryptocurrency services to “non-tech users” by being the most trusted and easy-to-use cryptocurrency exchange in Thailand.

Not only BitKub, he previously co-founded coins.co, Thailand’s most significant bitcoin wallet company. He is a board of directors of the Thai Fintech Association and a Subcommittee at Thailand’s Office of the Trade Competition Commission.

Since then, it’s been over three years; the team grew 1000% every year. Also, the company made three million Baht in the first year. Surprisingly, the amount became almost 33 million in the second year.

And the last month, the company boomed and made 400 million Baht. The Founder of this Exchange platform, assuming that end of this year, they will be able to make 3 billion Baht or 100 million dollars. So, the company is walking on the road to becoming first Thailand’s Unicorn.

Final Words

If you are passionate about something, you will find a way to achieve it. Remember that anyone can influence things around them if they are truly enthusiastic about something. Every day, even one person can change the world.

June 15, 2021November 9, 2021

Why Does IQ Option Block My Account? 6 Significant Reasons

Why IQ Option Block My Account-Binoption

Why Does IQ Option Block My Account? – 6 Significant Reasons To Note

IQ Option is a popular trading broker that offers options trading along with other trading classes. The broker is burning the trading world with its tremendous benefits and features. But a remarkable statement read by our teams on forums is, “IQ Option blocked my account.”

There is no doubt the statement is accurate, and the broker has a record of blocking many accounts.

But why?

Are they going to scam traders’ money? Or are they blocking accounts without their consent? According to the team’s statement, yes, they blocked the trader’s account but very rarely.

So, let’s talk about how often IQ Option actually does block accounts and why.

6 Reasons Why Does IQ Option Block Account?

The first thing we tell our traders is to read the terms and conditions before opening an account. It has many untold benefits that you will get in the future.

Not only the benefits, but you will also understand what brokers are not allowed to do.

1. To Prevent Money Laundering:

Try not to use someone else’s payment details to deposit or withdraw from the platform. Instead, we highly recommended it use trader’s own cards and e-wallets to prevent money laundering.

2. Suspicious Transactions:

If IQ Option notices any suspicious transactions, they notify the account owners to confirm the operation, and before that, the financial department blocks the account.

3. Multiple Accounts:

IQ Option does not accept multiple accounts from one registered account holder. Therefore, according to the terms and conditions paper, the customer is obliged to register only 1 (one) Real account with the company.

Thus, we keep the right to get the accounts blocked for the violation of our policy.

4. False Information:

Account owners who deliberately provide false information about their personal details may, for example, include customers under the age of 18, who set a different birth date, or individuals who create accounts using family members’ or friends’ names.

5. Account Verification:

Account verification is a mandatory process. The broker blocked one’s account when a trader refuses to provide his/ her documents to verify the account.

6. From Not Recommended Countries:

When the client is a citizen or resident of the USA, Australia, Belgium, Israel, Sudan, Syria, Iran, North Korea, or Japan

How To Get Back The Account

If you are not sure about the reason, send a formal mail to the team IQ Option, [email protected], to get fast and qualified assistance. Before that, check the inbox and spam folder. Make sure that you are entering the correct or valid login and password details.

If you find no e-mail from the team, please contact the 24/7 Support team, as we mentioned above.

Common Withdrawal FAQ

There are some common findings that one should know before start opening their account. We consider those questions as a common FAQ.

The team Binoption found a ton of withdrawal queries from different trader’s forums. Not all are necessary for a new trader, so we picked the top 8 FAQs to make them understand the withdrawal process.

Final Words

Remember, no accounts will get blocked without any solid reason. Your account got blocked doesn’t mean you hold an illegal trading account.

As soon as we receive the documents or other proof of the legal actions, the IQ team will unblock the account straight away.

We hope this has been informative, and you can share this on your social platforms.

June 2, 2021October 25, 2022

U.S Stock Futures Moved A Little After A Muted Start To June

U.S Stock Futures Moved A Little-Binoption

U.S Stock Futures Moved A Little After A Muted Start To June

CNBC reported that U.S stock index futures were moved a little after a muted start to June.

Dow Jones Industrial Average futures contracts declined only 6 points. The S&P 500 futures were trading at the flatline, while the Nasdaq 100 futures were slightly down.

On the other hand, during regular Tuesday trading, the Dow gained 47 points, according to the report of CNBC. In percentage count, the gain was 0,14%. And this gained happened after raising the stock price by over 300 points at one point.

U.S Stock Futures Moved

The S&P broke a 3-day win streak to close down just 2 points. The Nasdaq Composite was the relative underperformer, shedding 0.09% for its second negative session in three.

However, there are also some gainers during the trading session if you ignore the muted action. And Airline and cruise operator companies saw their stocks jump as Covid cases in the U.S continue to decline.

Also CNBC reported that,

“Inflation fears, and the ways in which the Federal Reserve might respond, have weighed on sentiment recently, although the major averages are still hovering around all-time highs.

“Markets remain strong,” said Cliff Hodge, chief investment officer for Cornerstone Wealth.

“Economic growth is robust, monetary conditions remain extremely easy and consumers are flush with cash from stimulus as virus cases fall and the economy reopens.”

The S&P 500 and Dow are down 0.8% and 1.5%, respectively, from their May records. The Nasdaq has a little more ground to make up following a rotation out of growth-oriented areas of the market. The tech-heavy index is currently 3.3% from its April all-time high.

Looking forward, strategists at Morgan Stanley said to favour defendants and reasonably priced quality names during the mid-cycle transition.

“We think superior execution during the reopening phase and earnings stability are traits the market will reward,” the firm wrote in a note to clients.

Final Words

The energy was the top-performing S&P 500 group on Tuesday following a jump in oil prices that sent West Texas Intermediate crude futures to the highest level in over two years.

Shares of AMC were another notable mover, jumping 22% after the company said in a filing that it raised $230.5 million through a stock sale.”

May 18, 2021May 18, 2021

Fox Will Launch NFT Marketplace For Animated Series, Krapoplis

Fox Will Launch NFT Animated Series Krapoplis-Binoption

Fox Will Launch NFT Animated Series, Krapoplis - A Marketplace For Non-Fungible Token

Blockchain technology has already hypnotized the entire world. So, why not the movie industry? As a result, Fox Broadcasting Company has collaborated with Rick and Morty co-creator Dan Harmon to create “the very first animated series organized fully on the Blockchain.”

And the news is reported by Cointelegraph.

NFT Marketplace For Upcoming Animated Series

The ‘Krapopolis’ animated comedy series will debut alongside a specialized marketplace to sell symbolic digital products, such as non-fungible tokens portraying the show’s characters and artwork. In addition, the show intends to reward its most devoted followers with tokens that open “exclusive social experiences.”

Along with this collaboration, Fox announced the formation of a new NFT firm called “Blockchain Creative Labs,” which is intended to tap into the Krapopolis market and other shows in the future.

While details on what ‘fully organized on the blockchain’ entails are limited, Fox Entertainment CEO Charlie Collier stated his aim to connect ad partners to NFTs during a Livestream presentation unveiling the platform. Form, stating:

“Not to go too far into it today, but as an advertiser-focused, artist-first and animation-obsessed company, Fox is going to take advertisers into the world of blockchain-powered tokens, including NFTs.”

What About Krapopolis

Fox-owned Bento Box Entertainment will produce the animated series Krapopolis.

However, the series omits cryptocurrency because it is set in ancient Greece focuses on an “imperfect family of humans, gods and monsters trying to lead one of the first in the world. Cities without killing each other.

Dan Harmon rose to prominence as the writer and co-creator of Community and Rick and Morty, the latter of which won Primetime Emmy Awards in 2018 and 2020. The show is an uncensored parody of the blockbuster film. Back to the future, after the antics of time-traveling scientist Rick and his grandson Morty.

Final Words

Justin Roiland, the other co-creator of Rick and Morty, quickly capitalized on the recent NFT craze. In January, Roiland sold an NFT dubbed “The Very First Edition of Rick and Morty Cryptoart” for $ 150,000 through a silent auction on Gemini-owned NFT platform, Nifty Gateway.