With the potential of earning big money, binary options trading has removed in a big way all around the globe. From a number of binary options brokers in 2008, we have about hundreds of these available currently. You will be entrusting your cash to a broker to keep on the trade. Hence, it is very important that you identify the best binary options brokers from the other small and unreliable ones. The trading of Binary Options first commenced in 2008 at the Chicago Board of Exchange. Such as the name suggests, Binary Options, are derivative contracts with only two possible outcomes at the expiry of the contract i.e. you receive cash/ asset if the contract is'in the amount of money'or nothing otherwise. For instance, suppose you buy a phone option of ABC Ltd.' s share at a strike price of $30 and a binary payoff of $300 binary options brokers. If the stock price is above $30, your contract is'in the amount of money '. By'in the amount of money'contract, we mean that you are in a gain situation as you can buy the stock for the strike price of $30 and sell it at an increased price (the current price) and produce a profit. In this scenario, in a binary option contract, you receive a fixed binary payoff of $300. In most other scenario, you receive nothing and lose the purchase price of the contract. The underlying asset can be stocks, indices, commodities and currencies. Making consistent profits out of trading in binary options depends upon the accuracy with which you may predict asset movements over the word of the contract. Following are some important strategies for narrowing down your search to the best binary options brokers: • Choose a controlled broker: A regulated broker is the one which has obtained a license and is governed by the concerned regulatory authority. Picking a regulated binary options broker will benefit you in many ways such as, payment protection in case of the broker's insolvency, proper usage of funds and authenticity of the contracts. • Access: There are some brokers who prohibit US investors from trading in binary option contracts. If you should be a US investor, you would want to check this first before proceeding to evaluate the broker on other parameters. • Track Record: Pick a broker with a minumum of one year of reputable dealings. Avoid deciding on new brokers. The more experienced the broker, the higher will be its credibility as it has had the oppertunity to survive in this industry. • Reputation: Before selecting any broker, ensure that you check the user reviews/ complaints which will give a fair idea of the trustworthiness of the broker. Find the broker who has good reviews and fewer complaints. • User Interface: Since your entire transactions will be online, become familiar with the interface of the broker's website. User friendly and navigate interface will simplify things and assist you to take investment decisions easily. • Number of Options: You can find a number of option variants including 60 seconds options by which the option expires after very one minute or One Touch binary option in that you simply need certainly to predict whether the asset price will at least one time cross a pre-determined price during the life span of the option. Brokers supplying a higher number of option variants are beneficial as it opens up more earning opportunities. • High Payouts: Higher payout means lower commission to the brokers and obviously higher share of profits to you. Most brokers generally offer 80-85% payout in case the option is'in the amount of money '. Some brokers offer 10-15% payout even when the option is out from the money. Choose brokers with favorable payouts. • Banking options: Since derivative contracts are about'timing'it is essential that the broker offers you fast and a range of deposit and withdrawal options. • Customer Service: Fast and prompt customer support is just a big advantage for a newcomer trader. Test the broker's customer care with certain pre-account opening queries. Also, a demonstration account made available from a broker reflects its emphasis on superior customer experience. • Terms and Conditions: More frequently than not, unfavorable terms such as higher withdrawal limit are hidden in the fine print of the terms and conditions. Read them in more detail before commencing trading with the broker. It's important that you spend time in choosing your broker. The above checklist will help you choose the best binary options brokers in the market currently.
The offshore FX and CFDs broker StockGlobal offers many trading accounts on the MetaTrader trading platform. The Marshell Islands-based Longsdale Capital LTD manages the StockGlobal brand. The trading conditions are high on each of the four trading accounts. In this StockGlobal review, we will discuss other offerings and problems associated with this broker. About StockGlobal: The four accounts namely Bronze, Silver, Gold, and Platinum are offered by this broker with the initial investment ranging from $250 to $50000. Furthermore, the level of provided spreads ranges from 2.8 pips to 0.1 pips according to the chosen trading account. The leverage levels are fixed at 1:300 on all four accounts. The world's number one trading platform MetaTrader is offered by StockGlobal. The provided leverage is high and several traders will be attracted to these high leverages provided by StockGlobal. Such high leverage can cause harm to investments. The offered CFDs at StockGlobal are on FX pairs, shares, binary options, commodities, indexes, etc. As discussed in the opening and considering information on the broker's website the manager of StockGlobal, Longsdale Capital LTD, is situated in the Marshall Islands. Marshell Island is a very popular destination amongst the scam brokers. Also, the traders operating from this island do not follow any brokerage regulations and licensing required very little documentation. Also, such brokers are strictly banned in regulated markets like the EU, Japan, the US, and more. The safety and security of the investment made in StockGlobal by traders are prone to scam. The StockGlobal is accused of scam by several online forums. Also, the Belgian local financial authority the Financial Services and Markets Authority issued warnings against the broker. The provided spreads of 2.8 pips on EUUSD FX pair is also considered high. Most of the regulated brokers provide spreads around 0.1 pips on Euro/Dollar FX pair. Furthermore, the website claims other trading conditions and a demo account provides different trading condition. This looks like a Ponzi scheme to attract traders. The offered MetaTrader platform is managed by another firm that also manages several other scam brokers.
Is StockGlobal scam or legit?
The broker is situated on Marshell Island, which is heaven for the scammer. The broker is also not regulated and doesn’t have a valid license. The offered trading conditions are designed in such a way that traders can be attracted. Overall the StockGlobal gives an impression of a forex scam broker.
The Binary Book Scam extorted millions from many naive investors and scammed them
Under a continuous spike inside the number of fake binary cases inside the financial world, we advise a person to stay risk-free, secure and never ever invest a lot of money to be able to a particular broker without actually verifying who it is. Binary Book Scam is something that needs to be spoken about right now. Trying to the fact and duping men and women on the similar lines as the particular way, pretty much similar to the previous ones. Following a thorough investigation, we found out there that the company has literally duped hundreds of investors together with millions of bucks up to now. One of the most prominent things about the Binary Book Scam is the way it was dealt wiith was the high deposit amounts that it exhibited. High returns have been promised but these kinds of high returns any time it comes in order to binary trading will be simply not achievable at all. We were indeed convinced that it was a scam. We found out there that it presented five different varieties of accounts, each of which needed a minimum deposit of $1000. The worst part had been that the features of the account sorts were not described on the website, which evidently was against the rules in the trade since Binary Account deposits usually begin from $10 for most legit binary option sites. Back in 2017, Lee Elbaz, the CEO of Yukom, was arrested by the US FBI for wire fraud and conspiracy to commit wire fraud. If you don’t know what Yukom is, it is the parent company of BinaryBook and Big Option. BigOption has already been said established as a scam and we are pretty sure that Binary Book is following the same footsteps as well. There is also an FPA Traders Court guilty vote against this company. The FPA recommends a high level of caution dealing with Binary Book unless this issue can be resolved. Binary Book has also been added to the CFTC's RED list for illegally soliciting U.S. Residents, clearly signifying the fact that there are reasons why it ended up being a fraudulent service. Binary Book Scam was also captured red-handed by us all due to the reality that there had been plagiarized educational substance and plagiarised About Us page about their website. Actually the words in addition to conditions page that will the binary book website had been something that had been fake. After this many trials and errors, we determined to finally determine that binary book scam is a thing that is soon likely to unfold and because a result, one should not trade any sort of funds with typically the trader. Also, according to certain testers from various binary forums, the company offered a lot of private data as to when they signed up for the company, these people started getting a new lot of junk e-mail emails from various binary sites around the world. This is plainly indicative of the particular fact that they will sell private data for a cost, which is clearly against the rules and regulations of a financial setup. About First Option Recovery First Option Recovery is the numero uno choice when it comes to fund recoveries across the globe. They have the best in class attorneys and legal advisors who help them solve financial frauds on a daily basis. They have recovered over $19 million so far with over a decade in service. Owing to the team of 128+ attorneys, lawyers and banking experts, they have been the forefront of the fund recovery industry since the time of its inception. They have a success rate of over 90% and with such finesse and perfection, they can well be the best fund recovery group not just in the United States alone, but all over the world, it seems. Do contact them to know more about the services that they offer.
The offshore FX and CFDs broker KONTOFX has its focus on binary trading options. It offers a number of binary assets for trading on an oversimplified trading platform. It also offers maximum leverage of a 1:200. Before considering this broker for trading please follow our scam broker KONTOFX review.
About the KONTOFX:
The broker offers binary options of more than 20 cryptocurrencies from popular Bitcoin to Ethereum and many more. The minimum investment of $250 is needed to start trading with KONTOFX. This minimum deposit is in accordance with the current market situation but several regulated brokers provide the same services at the cost of $ 5. The Estonian firm NTMT Transformatic Markets OU is the owner of KONTORFX and the operations are handled by Northside Business Centres located in Hungary. It has also another office located in Moscow, Russia that manages clients outside of the EU. To offer its services in the EU any Estonian firm required to be regulated by Finantsinspektsioon the local Financial Supervision Authority. When checked with Finantsinspektsioon there is no evidence of this broker’s registration. The terms and conditions section of this brokers mentions that the broker is not bound to process withdrawal requests made by the traders. Meaning that the profits gained by the traders can not be withdrawn. This condition is utter nonsense as traders do trading to earn profit and use them as per their convenience. The available spread at KONTOFX on bitcoin-us dollar pair is around $170 that is higher. On the contrary, the information on the website talks about low spreads at 0.6 pips. The offered leverage is up to the ratio of 1:200. When tried to test the provided trading platform we came across very few CFDs offered on binary options and not at all on other commodities. This means the broker is advertising itself falsely as the leader in binary and other commodities CFDs providers. The payments are entertained only with cards and all other means of payments are unavailable. As mentioned earlier this broker does not provide world-leading MetaTrader platform. Instead offers to trade on some unproven web-based terminal. The fact of worry about this broker is, there is warning issued against it by the Financial Conduct Authority, UK.
Is KONTOFX legit or scam?
The offshore broker KONTOFX makes false claims every now and then. The terms and conditions of this broker are very strange. The broker KONTOFX is unregulated and unlicensed and has a high risk of fund loss. All in all this broker can be a potential Forex scam broker. Avoid it for the safety of your investments.
BinaryCent is becoming a buzzword nowadays. But why? As it’s an era of online trading, so it’s pretty hard to neglect the importance of a safe and trusted broker. Right? A trusted broker helps us getting the best trading experience and enhance our profit rate. On the other hand, a scam broker can lead us to a devastating trading experience that might force us to bid farewell to our trading career. Besides, we are already aware of a lot of brokers and incidents of scam-like behaviour. So, there are several aspects that we need to consider when it comes to choosing a trading broker. However, in today’s article, we are going to measure the trustworthiness of the Binarycent broker based on their activities. So, let’s dive right in and follow my lead.
Transparency Of Information:
First of all, every genuine broker has transparency. They don’t try to play hide and seek with the traders to lure them to trade. Instead, they will clarify every single detail like regulation, awards, risk, reward, bonus, etc. Nevertheless, a trusted broker will include all the information on its website. Lots of trading brokers tend to hide their information related to the company, terms & conditions, confidentiality policy, bonus rules, risk statement, etc. They only disclose this information after your initial deposit. It seems like deceiving. Unfortunately, we failed to find out the regulation and award information from their website. However, BinaryCent added the rest of the information for traders on their website. On top of that, you need to confirm whether your trading data is secured with the broker or not. We will suggest you read rules and regulations, before dealing with each broker. From BinaryCent review, you will add the regulation information in your cart.
Secure Withdrawal Process:
A clear withdrawal process is a must for safe trading. You can see, lots of scam brokers do exist out in the market who will show you that you win trades. But you can’t get any response from them when it’s time to request a withdrawal. From this point of view, you can rest assured that BinaryCent will act accordingly. And you are not going to be scammed as long as you can pass the account verification process for security purposes. This broker claims to accept withdrawals within 1 hour. But this is not true as you may have to wait a bit longer.
Safe Trading Option:
It’s safer to trade only with a small amount when you want to test a broker. But the problem is, most brokers want you to pay a high amount on every trade. But BinaryCent has a good option that you can only trade with 10 cents. You can practice and test the broker at the same time. Just request a withdrawal after putting some trade. As we have mentioned before, a genuine broker will not decline your withdrawal request if they can verify your identity through the verification process. The same things go with Binarycent. And fortunately, they successfully qualify this test. Finally, we can conclude that it’s not an out and out scam broker at all. It seems that the authority behind this do follow some company ethics. So that traders can trade easily and safely. But it’s our recommendation that gather enough information and skills before you officially start trading so that you can cut your losss.
Hello traders, Me, Claudiu Pana, and my team have been working on a project that hopes to bring together the emerging space of cryptocurrencies with the well-known binary trading system, in a new innovative manner that empowers the players. Integrating the most important benefit of what crypto space offers, the peer-to-peer feature, with the binary trading system, users can now trade between themselves without concerns, such as dynamic profits, predatory fees and market manipulation. The idea of creating this platform appeared because classic binary options platforms, where traders bet against the broker, are prone to fraud and hence banned by regulators in many jurisdictions. Many binary option outlets have been exposed as fraudulent, and here is where we totally differentiate from the troubled classic binary trading systems. TRIBTC`s innovative approach allows users to trade against each other or join trades other users place. This approach brings together, for the first time, the peer-to-peer concept with binary options trading for cryptocurrency pairs, thus eliminating the possibility of foul play that happens on traditional binary options sites where trading is done against the broker. TRIBTC`s platform and trading engine are built by industry veterans from the crypto and finance industries. We have been building out our platform throughout 2019 and we are proud to finally **release the beta version to the public.**We aim to give market participants worldwide access to safer and reliable binary options trading through peer-to-peer matching, cutting-edge features, and the power of Bitcoin. We will not rest until the market can fully realize this new paradigm. Once officially launched, the platform will feature a referral program, where 2,5 percent from all trades a referred user makes will go to their referral, paid in BTC automatically. TRIBTC supports multiple order types and execution options to facilitate any trading strategy, and a simple and intuitive interface for a professional trading experience, all within a high-grade matching engine.After our beta is complete, new features will be added, including new order types and the Touch/No Touch trading method.Our platform supports BTC only for deposits and withdrawals. TRIBTC`s simple and intuitive interface offers multiple types of trading and transaction execution options to facilitate any trading strategy.The platform provides the following trading pairs: BTC/USD, ETH/USD, LTC/USD, EOS/USD, BNB/USDT, XMUSD, ZEC/USD, ETH/BTC, LTC/BTC, XRP/BTC, BNB/BTC, XMBTC, ZEC/BTC, and EOS/BTC. Trading can be executed on timeframes of 1, 5, 15, 30 minutes, 1 or 4 hours, 1, 2, 7 or 15 days, a month or in custom intervals, with the possibility of earning 90% of the traded amount in the case of winning trades.Price indexes are sourced and averaged from the Bitfinex and Binance exchanges. The funds are stored in a multi-sig cold wallet, while the withdrawals are manually checked and processed every 24 hours. User accounts are protected with a 2FA feature, as well as other security features designed to provide a more secure trading environment.The project is entirely funded by the team, while no ICO and no fundraising were hosted, we`re not trying to make false promises. We`re just a team who are trying to prove a point - we can reignite the spark of those who traded binary options in the past and got burned by their brokers.Our platform doesn`t bet against you, it lets you invite of all your friends to join your trade. Our plan is to invest our 5% profit made (as 2,5% goes for the referral brought by the winner, and other 2,5% for the referral brought by the loser) in advertising as much as it takes to get up there.In the idea of creating a more secure trading environment, currently we`re running a beta phase, from which users can benefit by joining and register on our platform and get used to the platform by placing or joining other users` trades. The public testnet is now live and the platform can be tested by anyone, 1 testnet BTC is automatically credited to all new accounts registered, while the minimum bet is 0.0005 BTC - so plenty of trades can be executed. We thank you for reading our description about our project, and hopefully we got you at least curios to check it out, and maybe offer us some feedback! Claudiu Pana, CEO of TRIBTC.
I can't tell if hosting a binary exchange is legal in the US. It looks like the government has allowed two to register, but they appear to be broker-dealers. I'm referring specifically hosting an exchange - no brokerage. Binary options fall under OTC derivatives which used to be completely unregulated pre-Dodd Frank. Now it looks trading is legal but I can't find a straight answer about exchanges. The binary options community of course makes it seem like nothing has changed and the government seems to have made it particularly find a straight answer buried in legalese. It looks like, depending on the commodity/security, CFTC regulation may be required. However, what about underlying price drivers that aren't on the list. I.e., weather futures? I'm located in the United States. This chart might help provide clarity: https://www.cftc.gov/sites/default/files/idc/groups/public/@newsroom/documents/file/exemptcommoditiesvenues_091207.pdf And please don't tell me how sketchy they are. I know these exchanges are a bad idea, I just want to find out if "exotics" are regulated in the US.
Adam Tracy Discusses The Unlicensed Crypto Exchange
https://www.youtube.com/watch?time_continue=34&v=aoqJ7SxVwtA Attorney Adam Tracy discusses three jurisdictions to operate an unlicensed cryptocurrency exchange from and the procedure and pitfalls associated therewith. — — A former competitive rugby player, serial entrepreneur and, trader attorney, Adam S. Tracy offers over 17 years of progressive legal and compliance experience in the areas of corporate, commodities, cryptocurrency, litigation, payments and securities law. Adam’s experience ranges from commodities trader for oil giant BP, initial public offerings, M&A, to initial coin offerings, having represented both startups to NASDAQ-listed entities. As an early Bitcoin adapter, Adam has promoted growth of cryptocurrency and offers a unique approach to representing crypto-clients. Based in Chicago, IL, Adam graduated from the University of Notre Dame with dual degrees in Finance and Computer Applications and would later obtain his J.D. and M.B.A. from DePaul University. Adam lives outside Chicago with his six animals, which is illegal where he lives. Primary website: http://www.tracyfirm.com Twitter: https://twitter.com/TracyFirm Youtube: https://www.youtube.com/channel/UCVOa... Linkedin: https://www.linkedin.com/in/adamtracy/ Facebook: https://www.facebook.com/thetracyfirm/ Instagram: @adamtracyattorney Telegram: @adam_tracy Skype: @adamtracyesq Email me: [email protected] TRANSCRIPTION: I get this question a lot, and that is do you need a license for an offshore crypto exchange? And answer is no, okay, with some caveats to it. And that main caveat being where you’re domiciled or where you purport to operate from. As I discussed with, you know, like Vanuatu (places like that), the process of domiciling there and operating requires a license in that jurisdiction. In that jurisdiction it is very easy get what is a pseudo securities 4X license. There’s three particular jurisdictions, which allow 4X activity, which includes crypto exchange but doesn’t require license, and those ways are Nevis (which I’m a big fan of and I’ve spoke about before), Saint Vincent, and the Seychelles. None of them require a license to operate a foreign exchange dealer or a foreign exchange broker. That’s why you see a great deal of 4X binary options and other type of companies operating from those jurisdictions. So, it’s great in a sense. One of the pitfalls is that without a license banking becomes very difficult, and banking is already very difficult when you’re dealing with crypto. So now you’re compounding it in the sense that you’re operating an unlicensed 4X exchange. Now I’ve read, and I can’t verify it, that about 90% of 4X brokers actually start out as being unlicensed. And that may, in fact, be accurate, but as you as you grow it does make some sense, especially from a banking perspective and from a transparency perspective, to become licensed, whether that’s like in class C jurisdiction like a Vanuatu or Cyprus or Malta or Gibraltar, or like a Class B, even in UK and Australia, then class A which would be like the United States. So, it’s an interesting thing. And so, you can operate without the license, but you still have to be careful with respect to the jurisdictions in which you’re operating, right? And that’s particularly germane to the United States, right? So if you’re going to operate a crypto exchange based in one these three locales that don’t require any particular licensure, you have to be sure that you’ve got the requisite licensure in the United States, right? And if that entails if you’re dealing Fiat, having money transmitter license, if you’re not dealing with Fiat, at a minimum being money service business. And so the money service business registration (which I’ve also spoke about before) requires you register with FinCEN, and implicates and triggers all your AML KYC Bank Secrecy Act compliance and the whole scheme, which you may be doing anyway, right? It’s good practice to do anyway, but, you know, just because your operating from an unlicensed jurisdiction, it doesn’t mean that you escaped U.S. regulation if you’re going to take US customers. Which is particularly problematic if you’re a US citizen, because, of course, you’re opening the door to a fair amount of liability. So those three nations: Nevis, Saint Vincent, the Seychelles — great places to consider if you’re going to start a crypto exchange or even a 4X Broker, but it comes with its own set of challenges. And when you look at, you know, the ability to get licenses in places like Vanuatu especially, you know, for the cost versus the problems you encounter, it may not be the best place, but it is entirely legal and legitimate to operate from those locales. So hit me up TracyFirm.com. [email protected] is my email, and I’ll talk to soon.
Worrying ICOs of Spot Option and IQ Option WARNING
Hi I am glad icocrypto exists because as a crypto trader and a big enthusiast I want to do my part to keep this space clean. I have been observing a worrying trend that I wanted to share my opinion on and alert fellow investors and traders on giving real hard facts that could save us all, collectively, a lot of money and emotional pain. There are some major fraudsters, conmen and scam artists that are soon looking to ICO and not 1 dollar of the crypto currency communities money should be given to them ESPECIALLY after the STOX ICO which later was exposed as a scam. Read here for those who missed it: https://www.reddit.com/Bancocomments/6o34fz/heads_up_for_those_who_intend_to_invest_in_the/ Around 9 months ago I lost a friend. He was around my age and also a consultant to one of my fledgeling businesses in the Quebec region. At first I thought it was some hoax or prank but he had mentioned to me about some personal problems he was going through during our working relationship. Little did I know the situation was far darker and serious than he had led on, otherwise I would have helped. I am talking about Fred Turbide who killed himself in his garage leaving behind a sad and bankrupt family. He was lied to and cheated out of his live savings by an Israeli binary options company called 23Traders. You can read the whole story here none of this is made up https://www.timesofisrael.com/fleeced-by-israeli-binary-options-firm-canadian-man-commits-suicide/ Based on my research 23Traders is a brand of Spot Option, an Israeli company that owns 70 percent of the binary option trading market. The founders of this company known as Pini Peter and Oren Shabat and some guy called Semi Vahap, have been indicted for fraud/money laundering and their subsidiary brands like Banc De Binary (one of the biggest binary option scams that was ejected from USA and shut down). You can read about this in their OWN WIKIPEDIA page: https://en.wikipedia.org/wiki/SpotOption For those who were taken in by the STOX ICO scam where they swindled around 30 million dollars from crypto investors, you will never see any return on that share again. STOX as the reddit thread i have posted above proves, is basically the same team of ANY OPTION another SPOT OPTION brokerage. ANY OPTION has scammed thousands of clients, been fined repeatedly and was "bought out" yeah right. They rebranded to invest.com and ICO'd a company that has no real traffic, lying about their figures. Having dabbled in binary options before, I knew it was a fun way to trade where one could make a lot of money but after my broker IQ option (I will talk a little bit more about them later in this post because they are planning to ICO!) decided to lock me out and deny me my wins, that is where i knew I was dealing with a sinister set of people. To my dismay, since I hang out at Forex Peace Army which helps keeps traders like me alert for new scams, I found out that these Isreali binary scam brokers are now looking to ICO so they can pull off a giant scam only this time with THE PUBLIC'S MONEY!. https://www.financemagnates.com/fintech/news/exclusive-spotoption-announces-blockchain-based-trading-via-spotchain/ Spot Option is the first one that is looking to ICO and then I found out today that IQ Option, the company that stole my deposit and regularly stops traders from being awarded their RIGHTFUL gains and wins, is also looking to do an ICO. http://www.financemagnates.com/forex/brokers/iq-option-teases-upcoming-ico-limited-tokens/ Here is the truth about IQ Option: They pay hundreds of people including their employees to write good reviews including affiliates who write fake 5 star reviews. The truth however is very dark you can read it here http://brokerscamalert.com/iq-options-review/ and most importantly, Forex Peace Army which actively hunts down these bucket shops paints a very different reality. You will see in this post that there are hundreds of threads of customer complaints of outright denial of withdrawals, manipulation of price data and even threats issued by this company to clients: http://www.forexpeacearmy.com/community/search/6362854/?q=iqoption&o=relevance Only the problem is you don't find these reviews on page 1 or 2 of google so easily so many people get duped. If you know where to look, you can easily find them and the truth emerges. Before Spot Option and IQ option type of brokers entered binary options actually it was fun and fair and regulated brokers existed but these firms completely destroyed everything by greed and praying upon the hope of the desperate. Do not fuel their intentions or fall prey to their lies. I have so much evidence if any one has questions I will post more. Please DO NOT give these scammers any money, they have already swindled millions from poor people around the world and now want to use the "lack of information" in the crypto currency about what really went on in the binary options space to create scarcity value and try and hype up their scam. Please post here your responses. I am not promoting anything here I just don't want these leeches to steal any more money. -danpirung
Hi everyone! Welcome to the dedicated subreddit for the Binary.com Initial Coin Offering (ICO). The aim of this subreddit is to provide a safe and thriving discussion space for traders, investors, developers, partners, and just about anyone who’s interested in investing in the Binary.com ICO or in learning how an ICO works. We’ll be posting news and updates, especially about our upcoming ICO, and we’d love to see you share your thoughts, ideas, and relevant links that you think might interest the community. We genuinely believe our ICO and the concept of “smart tokens” can usher in the next wave of ICOs that are best described as “IPOs on the blockchain”. Learn more about our ICO at https://ico.binary.com.
Our commitment to cryptocurrencies and blockchain technology
We are one of the first online trading platforms to offer cryptocurrency denominated accounts (e.g. BTC and LTC) whereby clients can deposit, trade, and withdraw their winnings –– all in the cryptocurrency of their choice. We have further plans to incorporate blockchain technology and reshape our award-winning trading platform for a blockchain-based future.
We absolutely believe in the transformational power of cryptocurrencies for several reasons, including the fact that banking as an industry is outdated and ripe for disruption –– especially when it comes to payments and international transfers.
Who are we?
Binary.com (formerly BetOnMarkets.com) is the pioneer in online binary options trading. We started out in 2000 to make binary options –– also known as fixed-odds financial trading –– easily available to ordinary investors worldwide. Before we came onto the scene, binary options were typically traded only in large quantities. In 2016, we ventured into Forex and CFD trading with the MetaTrader 5 platform. In May 2017, we added cryptocurrencies to the list of tradable assets on our MT5 platform, starting with BTC/USD. This was followed by ETH/USD and LTC/USD a month later.
Links and stuff
Here are some other useful links forthose wanting to find out more about who we are what we do:
What entity manages .com, .net, .gov, .us, .cn domains?
For the longest time I still have not a clue how this works. I am not sure if this is the right subreddit or something like networking This is all I understand so far about the web (or internet?), computers, and electronics in general (its super long just skip to bold part if you need to) INTERNET:
Computers linked to network with standard protocols, such as HTTP/ HTTPS over the world wide consortium standards, forming conglomerate of computers linked together. ISP's take information from said networks and transfer data to other ISP's via nodes, through hardwire connections and transatlantic cable.
IP addresses identify your local network through the ISP. Subnet mask, gateways, etc and traffic can be redirected via VPN. Also, on local side, you have the PC=>Router (optional) => Modem => ISP, where the router helps divide the modem so multiple PC's can connect to one line. Also WiFi operates by a specific hardware device (wifi dongle, router) and transfers information via electromagnetic waves. Same with cellphones (Via cellphone towers). Also satellites help direct cellular traffic through direct line of sight connections from user=>satellite=>user.
URL's utilize world wide consortium stsandards, using www. as the default subdomain, the web address, and the end? domain (like .com)
Domains are rented out through 3rd parties such as godaddy, and are never physically owned. Subdomains are like m.reddit.com (for mobile use) or MyWebsite.blogspot.com
Search engines like google uses properitary algorithms /datastacks/ web crawlers to build a huge database of all existing URL's and rates them through its servers (SEO)
Servers are just high powered PC's generally running Linux and processes incoming data / sends out packets of data, generally in fancy server rooms
DDoS is denial of service through botnet attacks via malware infections of computers, utilizing other people's computer resources (there's more than one way of doing this). Also, ports get overridden with lots of useless requests, denying service to legit people who want to use said site hosted on said server
Throttling occurs due to ISP's limiting data pipeline through its end, not sure what goes on here though
Deep web (or dark web?) is essentially hosting a bunch of private URLs, not visible publicly and accessed through specific private search engines.
Torrents are accessed via peer 2 peer (Seeding and leeching) and managed client-side with utorrent, rutorrent, etc which manages traffic for the requests for .torrent downloads, and public torrent links are through sites like pirate bay, kickass torrents, etc
Programming languages (Fortran, C++, Java) were generally formed originally from assembly code and binary in the form of different modules. People had different opinions of how data and protocols were made, so hence different languages
Virtual machines, its a high powered PC generally that divides its resources to host several virtual PC's. Lots of variations of how datastacks are managed
Personal computers work via motherboard, ram sticks, GPU (like nvidia GTX Titan or intel graphics 4000), Cores / hyperthreading (like corei7 from intel), monitors, etc. Say you run a PC without internet and run a game like witcher 3. You run an executable file, which is written by C++. GPU renders data supplied by executable, (e.g. render this room given this data under this game engine), ram (random access memory) is used as all the unprocessed data needs to sit somewhere?, various caches (L3) for processing common data quickly, core (i7) for processing data as a whole, motherboard and OS mediates all data being transferred.
Github is used for subversion control, and its now cloud based too (although it was originally local / lan only). Github is done via pulls , requests, call, etc. to monitor versions. You can technically emulate this on paper using sticky notes, but its not efficient
Hardware electronic wise, voltage and current is analgous to a water pipeline, where VOLUME WATER FLOW = CIRCUMFERENCE * VELOCITY WATER. In this case, POWER = VOLTAGE * CURRENT. Kerchoff's law, parallel series circuits, PCIBs, quantum theory, transistors (3 prongs), OR NAND NOT gates, arrays, resistors, potentiometers, timers, arduino, bread boards, soldering, relays, switches, that kind of thing (I'm not an EE). Anyways, hardware generally requires a specific amount of voltage and current for things to run on the computer
Operating Systems are linux, windows, macs, etc, and runs through a succession of modules created by assembly code and programming based languages such as C++.
DBMS utilizes crud (create read update delete). MySQL works. Can be emulated on a piece of paper, technically
XML (eXtensible markup language) just is used to communicate between different languages
API (application programming interface) is basically a user manual of all the functions publicly available to pull from a program, locally or on a server. E.G. imgur provides a bunch of API's, I can use its resources because I know said API, and make a program out of it. UPS has a bunch of available API, so I can pull that shit and make a ecommerce shipping module or something.
RAID (RAID 1-5) is just like how data is split into different hard drives. E.G. I have a file. File is split 3 ways into 3 different raid drives and pulled all at once when I request for it, its done this way because file transfers are faster when split into multiple data pipelines.)
Ads make the web profitable. Lots of big name companies make lots of $ selling services and goods at high margins, goes back and dumps money in marketing. Facebook CPC, youtube Ads, youtube videos with ads built into the video (techquickie), social media (instagram, kik, w/e), free game riddled with sidebar ads, banner ads, adblock letting forbe's ads through. Or 4% amazon commission based on referrals. Or Hulu plus style ads, pay to get rid of ads / pay for full service.
web services and goods. microsoft office, reddit gold, renting a server, anything on amazon, that kind of thing. Money.
bitcoin is cryptography based, and can be mined (but not profitable due to energy and hardware limitations for the average person). Bitcoin is generated through computers working out some sort of very encrpyted password node. Bitcoins stored on a server side application (Accessed via website), or through just a web URL, or a client side application (on your phone, desktop program). Bitcoin bought through local transactions, link credentials and bank account, also not easily traceable? (debatable here)
Blackhat Hacking (what people think of generally, not DIY hardware hacks, writing a program, or modifying an existing code) is done on unsecured websites. Usually said website is running some backend application like wordpress, shopify, drupal, modules commerce. Changes are made in the core code over time, and those changes sometimes lead to vulnerabilities that people aren't aware. Hackers send requests (MySQL injection is one of these?) to find more about how the server side application works, and looks for some way to override and obtain admin credentials by having server side reveal this information. White hat is the opposite. Red hat is for linux
Virus, worms, trojans. Usually runs on an attached .exe file or application, but has been known to somehow work with images too. Also worked with emails (worms) in the past. This is mostly magic to me too, I just know how to prevent it. PUP is just potentially unwanted programs (aka bloatware) that comes preinstalled from HP / ASUS/ ACER, etc, or comes along for the ride when you download a program off Cnet.
Data selling. Especially mobile apps (I mean you have to give them permission on everything), they take data, sell to data brokers, which businesses buy to make marketing decisions. Same with lots of things that don't seem to generate money, e.g. chrome plugins, you are the money generator for them via data. Insert google overlords and big 5 internet companies giving data to government via PRISM/snowden (didn't something like this go into effect in 2015?) . Also insert malicious data theft and brokers (social engineering, telemarketers trying to get your credit card, entering information on non HTTPS secured sites).
VoIP is just a specific protocol (like https) for how phone calls transferred over web, and maintain quality of said audio
Image compression is done via bit map rasterization. DNG files or propietary raw formats are utilized in native applications like adobe photoshop. .GIFS are simply image slideshows, actually all videos are image slideshows. Vectorization is mostly talked about when using illustrator or cad based programs (Solidworks, CATIA, AutoCAD)
Programs can be bypassed (e.g. Sony Vegas Pro) by core modification of its files (you'd need to breach password credentials though?) and be made into a "crack file" . A keygen treats the program normally, but just bypasses security checks externally (e.g. preventing company server from doing checks by blocking certain URLs, and a keygen from Xforce that is made by finding security criteria for successful serial# installs)
Rooting your phone is like getting full super user access on linux, but also comes at a price leaving you vulnerable to security breaches
Domain name service managers like namecheap just helps you manage how you rent your domain.
FTP is file transfer protocol to transfer files from one computer to another. SFTP is just secured FTP, whatever that means. SSH is shell access, e.g. almost like your sitting on that computer over on the other side of the world as opposed to just accessing files only.
Email servers are done by IMAP, POP3, email is transferred purely text based (attached files go through a different channel) to be sent from one email to another via email. POP3 is stored more localish side, IMAP is more server based (its slower, but easily accessible anywhere)
Windows API, windows registry, Linux commands are still magic to me. Sudo super user something.
Okay, but who manages the .info, .com, .net, .cn, .rs, and .gov top level domains? There's obviously some domains that are specific to countries, and are most likely managed by that countries' government entity. E.G (.us for usa? .ws for russia, .cn for china) but aren't nearly as popular as the .net and .com domains. .Org and .gov are US? government regulated top level domains to my knowledge, where .org is mostly nonprofit. U.S.A uses .gov domains for its government organizations So I understand that some countries government manages that domain. But what about public top level domains, like .com, .info, .net, .ca? Who manages the database for those? Who gives authority to godaddy for those domains for rent? Who mediates copyright conflicts for those domains? (E.G. say my name is Mike Cro Soft, and I wanted to rent a domain called mikecrosoft, but get DMCA'd / copyrighted by microsoft.com) Like, what are the big organizations mediating internet protocols and legislation on a global scale? Who or what has access to the biggest picture of the web, and its workings and backend? sorry for the long wall of text, I've been missing some vital information on how the web? (or is it internet?) works disclaimer: I don't take CS classes and did not major in computer science. So I might be really off in what i understand about the internet as a whole. Most of this is just what I learned from browsing reddit and youtube Apologies in advance if i butchered a bunch of terms and how things work. I just wrote things as they randomly came to me
Stocks Market Blast Review | Binary Options Elite Club
Stocks Market Blast Review | Binary Options Elite Club
BYALEX · DECEMBER13,2015
Welcome to Stocks Market Blast review! Recently, a group of binary options bloggers took on the task to independently test out binary options trading software and share the results. The software was released a month ago. We completed testing of stocksmarketblast.com last week and now bring you an unbiased review. Elite Club had a positive experience with this new trading platform. In the binary options industry filled with scam software, we are glad to find software which walks the walk and not just filled with hype. Below are the details summarizing our supporting research.
"Everybody has the brainpower to follow the stockmarket.If you made it through fifth-grade maths, you can do it." -PeterLynch,billionaireinvestor
At a first glance, we observed that SMB pitch video is no mess, no fake, high-life show offs claiming they earned millions of dollars from using their software. No “10 Spots left” widget that normally scammers use to create false pressure to purchase the software. No overnight millionaire promise that is so common among binary options scams these days. No fake or paid actors claiming how they were fed up finding an authentic software, gave up and then created their own strategies which made them successful. They are not selling a software that is a total give away (i.e. FREE). No “hostage” pop up pages or exits with enticing offers while you try to exit the browser.
On the other hand we observed all these positive attributes that put them on our good books. Stocks Market Blast is supported 24×7. This something we rarely observe with other software. It is regulated by Cyprus Securities and Exchange Commission (CySec) and MiFID regulated, with CIF License Number 225/14. Here are all the other regulators they abide by:
The majority of testers reached average of 80%+ ITM during testing. So how does Stock Market Blast work? It’s quite simple. Select the type of asset, monetary amount and daily trade number, as an automated trading system you are ready to make money while you are sleeping, working or spending time with the family.
Currently, the one drawback this trading platform is faced with is limited broker options. This platform is only integrated only with InteractiveOption as the only compatible, designated broker. Their platform is operated on SpotOption which does not support US traders. As an alternative to US traders, Mike’s Autotrader is proven to be a reliable autotrader.
In conclusion, Stock Market Blast is not a scam; the results speak for themselves. Do however exercise good money management and use caution when you invest. If you would like assistance, please refer to our previous articles Money Management and Advanced Money Management for beginners. Last but not least, before spending your hard earned money, request to open demo account for testing purposes.
Alex, signing off until next time. P.S. To subscribe or access more Binary Option Elite Club articles click here.
Your Legacy Club Review - Does "Your Legacy Club" Work?
Your Legacy Club Review, Does "Your Legacy Club" Work? Your Legacy Club Review -Is O'Doherty's "Your Legacy Club" App Scam?What's Your Legacy Club App Is All about?Check my Unbiased Your Legacy App Club Below To Learn The Truth About This System. Product Description: Product complete : "Your Legacy Club" Niche: Binary Option Product Creator: Millionaire O'Doherty Official website : *Your Legacy Official Website * Money-back Promise : Yes Bonus offer : First 70 What is Your Legacy Software? . Your Legacy App One of various benefits of Your Legacy Club is it independently monitors the market and searches for trading opportunities with the subsequent execution of transactions. Let's look what This App can offer as an automated trading system. Safe & Secure Trading Majority of both short and medium-term traders mistakes are linked to the fact that at a certain time there is a fear that following transactions can be unprofitable. Although in reality, there is no reason to worry, if the trading does not contrary to the principles of Your Legacy App trading strategy. Unlike traders, Your Legacy App adheres an algorithm of professional traders, regardless of the current market situation. All the rules of risk management, entry points, as well as candlestick formations and indicators taken into account by Robot. The total lack of understanding here brings enormous benefits. Doubts, false assumptions and constant updating of ideas, which just forced to make some amendments are discarded. . . ==> Click here to Get Started With Your Legacy Now & Claim Bonus $300 . . Discipline is maintained even in a volatile market as the trading rules are supported and executed. Traders often make mistakes out of fear of a potential loss or when because of greed outstay in the position for a few dollars on top. Your Legacy App eliminates these negative factors, as it trades following the rules clearly. . 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If binary options trading seems difficult for you, it easily and efficiently executed by Your Legacy App. Your Legacy App service can simultaneously monitor multiple markets, trade a variety of tools and control a lot of positions. 100% Automated Binary Trading Software . No Emotions Your Legacy App can help you to curb the emotions during trading as it executed almost automatically. This, in turn, will enable you to easily follow Your Legacy App trading plan. You will not hesitate and doubt when opening the position, as a position is opened immediately by Robot according to the rules. Your Legacy App does not only help traders, who fear to pull the trigger, but also those who have a bad habit of excitement. . Sequence One of the biggest challenges in trading – is a choice between trade planning and trading following the plan. Even when the trader knows that his system is profitable in the long run, short series of losing trades can make him deviate from the plan, leveling all the expectations of the strategy. Your Legacy App provides you with consistency, as it always trades automatically according to the plan. In addition, it relieve you of possible errors in the position setting. Your Legacy App is easy to solve the problem by capturing the perfect moment to buy both Call and Put binary options. If you set Robot in accordance with Your Legacy App requirements, you won’t have the problems with trading and the percentage of successful transactions increased by proper positioning. . No Download You do not need to download Your Legacy App from Your Legacy App website. Click here to register a free Your Legacy App account and follow the basic steps. You can adjust the robot trading settings after you have created an account. . . ==> Click here to Get Instant Access Your Legacy Club & Claim Bonus $300 . 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Your Legacy App is currently offering two regulated brokers that will bring more safety into Your Legacy App trading. . SAFE & SECURE - AUTOMATIC STOP LOSS You do not have to worry about losing Your Legacy App funds. You set Your Legacy App own limits and decide how much you want to risk and trade per day. Many auto trading software offers high rewards but empty traders accounts over night in corporation with the brokers by placing a series of losing trades. . NO DOWNLOAD REQUIRED You only have to setup Your Legacy App account once and then collect Your profits. Don't waste time downloading & installing outdated software that needs regular updates. Your Legacy App handle everything on Your revolutionary auto trading systems. . 100% AUTOMATED BINARY TRADING SOFTWARE Many advertise it but we actually offer it! Your Legacy App system is 100% Automated and allows you to trade while you are on the beach. When Your Legacy App account is setup you are good to go. Most "Auto" trading robots require that Your browser is open and connected to the internet. Stop the madness and trade with us! . Verdict! Your Legacy is definitely the most advance auto-trading software that we have ever come across with. We have tested other similar program in the past, but this one has to be the best. Even though we tried really hard to find a con, we simply just weren’t able to find any; therefore, is the Your Legacy Software a scam? The answer is ‘no.’ Due to our Your Legacy review, we can conclude that it is not a loophole, anomaly, a glitch or a gimmick that could close at any time soon. From what we experienced, with Your Legacy Software, you can earn about $89,000 every year, starting from scratch with no big investment sum required. Go ahead and try Your Legacy and put it to the test so that you can see for yourself why it’s the best binary options signals software 2016 . ==> Click here To JOin Your Legacy Club First Investors . . 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Mike’s AutoTrader & Mikes Facebook Manual signals group mikes-autotrader Today we want to introduce Mikes Autotrader. This binary options autotrader was launched while ago by Michael Freeman himself. For those who don’t know, Michael Freeman has the largest binary options Youtube channel and is also known as the most popular binary options blogger in the industry. Mike has been in the binary options industry for nearly 4 years; he provides top free mentoring on his “Mike’s Youtube Channel”. Mike previously offered “manual signal service” to his group members through SMS and Email. We also have been testing this manual signals service for some time and we have to admit that it was great. He usually sent about 5 to 8 manual signals per day. The average in the money (ITM) success rate was around 87%, which is great. We are very confident in Michael Freeman, because he is a legit guy who delivers amazing results and he also provides his personal support to every single member who runs into any issues. We personally know Michael Freeman and we know that he is the top figure in Binary Options industry. He is also the owner of (BinaryOptionsWatchdog) and (BinaryOptionsChannel) by the way. Note that Mike is NOT a paid actor from Fiverr promoting scam software such as SecretAlgoBot, FastCashBiz or ProtectedProfits.com. Mike’s Autotrader advantages: – Mikes Autotrader is FREE – After 4 months of testing we got 81% success rate – Compatible with top trusted brokers only (Our top Trusted Brokers List) -Easy set up (US & EU traders accepted) – Michael Freeman has posted over 250 articles + many videos on strategies and recommendations to traders. Everything has been completely for free of charge. – Michael Freeman has put his reputable name on the line with this software Screenshot from Mike’s Autotrader Platform mikes autotrader interface Disadvantages -Mike’s Autotrader can only be synced with certain brokers. -You will be required to donate to a charity organisation of your choice (Not mandatory) – Traders from countries where binary options are not fully regulated may not be accepted. Why choose Mikes Autotrader ? Well, let’s really look who is behind this binary options trading software. As mentioned before Michael Freeman has huge reputation in binary options industry. When searching Google for any information related to binary options trading, you will always see Michael Freeman on the top of the list. This guy is real person and he really knows what he is doing. Note that if you join Mikes Autotrader then you will automatically receive access to Mikes Signals group on Facebook. Mikes Facebook group is closed binary options trading community. As a member of Mikes Facebook group you will receive top quality binary options signals from top traders all day long 24/5. Those traders are from different countries around the globe. Usually you will receive 30-40 signals per day with outstanding precision rate. So you can use these signals and place trades manually all day/ night long, depending where you live. Here are example of how these signals look like: Mikes facebook signals ITM by Rene Here is another screenshot from Mikes Facebook group (Notice how one of the Admins sent 17 ITM signals in a row) mikes facebook group performance In Mikes Facebook group you will not only receive high accuracy binary options signals, but you will also be able to talk to actual Pro traders, ask questions, learn from them and from other people within that community. I have been in Mikes Facebook group from the day it was launched and I must say that this is the largest, best and probably the only legit binary options trading community out there. This is an ideal place for experienced traders as well as for newbies who are struggling trading by themselves, or just for people who want to learn how to become professional trader. Enough with the words, please watch this video where Mike describes why you should choose his autotrader. If you wish to sign up for Mike’s Autotrader and get access to Mikes Facebook group click here OPEN FREE ACCOUNT. Summary Mikes Autotrader is probably the most reliable and successful binary options service out there. Inexperienced and experienced traders will profit from this bot. As mentioned before, we did test Mikes Autotrader for 4 months with 81% success rate. This is truly amazing. If we had to rate this product we would give it 10 points out of 10. To be honest we are kind of surprised that Mikes Autotrader is still free of charge considering its relieable and stable ITM success rate. Mikes Autotrader versus Other Autotraders Mikes Autotrader might look similar to other autotraders, but overall this is very different product. Mikes autotrader will provide you with limited amount of trades. Unlike other binary options autotraders, Mikes Autotrader main focus is quality over quantity. This is the main reason why Mike Autotrader delivers high ITM rate. So you will not get massive amount of trades every day. Instead you will only receive best trades with this bot. The best solution is if you use both services -Mikes Autotrader & – Mikes Facebook group. This will ensure that you receive more than enough trades per day. We have no doubts that if you will start using Mikes Autotrader as well as signals from Mikes Facebook group, you will not be looking for any other trading services. Because this will be all you need. You will be shocked how successful both of these services are. Both created and provided by the same binary options professional Michael Freeman. Is Mikes Autotrader Scam? Is Mikes Facebook signals group Scam? The answer is NO, Mikes autotrader is not a scam. Michael Freeman is a real person behind this product. Scammer would never expose himself to public like Michael Freeman. Mike has exposed himself to public a lot. He has also been telling a lot of true life stories in Facebook group about himself and his family. He also has answered every single question posted on his YouTube Channel or his Blogs. Mikes Facebook Group is obviously not scam either. A the moment there are 2,817 members in this Facebook community and numbers are growing. Check the evidence below: mikes facebook group members Last Words Mikes Autotrader is 100% free of charge and is 100% legit. In other words Mikes Autotrader and Mikes Facebook Group is probably the most trusted and legit binary options service that you will find today. Click below to start using Mikes Autotrader and become a member of the largest binary options Facebook community. To register click on banner below. Alternatively if you have any questions in relation to Mikes Auto Trader then please email us : [email protected]; or just drop a comment below. our site: www.binaryoptionsarmy.com
Protected Profits Review 14th September 2015 - Some claim this is a scam others boast it’s a success story. What I unveil in this review will allow you to make up your own mind.
Just like a workman's tool, the honest truth can be tapped through experience. Read on, discover the facts for yourself, be your own person, your mind and choices are yours, and yours alone.
Quick View DETAILS:
Industry: Binary Options Website Link: ProtectedProfits.com Product: Automated trading system Release Date: 14th September 2015
How will Protected Profits BENEFIT you as a trader?
If you are new to trading binary options, or have been trading for quite a while as in my case, Protected Profits through correct use will step up your trading game. To assist you to this end ensure you read my “WARNING advice” below.
The Protect Profits offical site is live as of today, click the below Link to find out the specifics. As a cautionary measure please ensure you complete reading this article before registering with Protected Profits.
Like any new flash and shiny product (also referred to as hot potatoes), approach with caution, make sure you read and heed my “WARNING advice” below.
How To USE THIS TOOL:
Just like most experiences in life, a successful outcome is in part determined by how you challenge yourself and conduct yourself in the process. Whatever resources you have available to you capitalize on to achieve your desired outcome. Protected Profits as a trading tool responds in similar way. Optimal outcomes require ideal trading conditions. From my experience only use this tool during at peak trading times, i.e. at the OPENING oand just before the opening of each foreign exchange market, trade for no more than a two hour period, i.e. European market (6:00GMT), Asian market (23:30GMT) and US market (13:30GMT). During these trading times the markets are most volatile, i.e. major asset movements. These times are ideal for Protected Profit’s to do it’s job. Make sure you only target currency pairs specific to the markets times you are trading. i.e. US Session (13:30GMT) only focus on using currency pairs such as, USD/CAD, EUUSD, USD/JPY, NZD/USD, /USD/CHF.
1. Always remember when testing out any new trading ventures, manual or automatic, make sure you have a money management plan, once you have a strategy in place stick with it.
2. A FREE trading DEMO account is a great way to test out new strategies so you don’t go bust in the process. 3. Not all brokers are made equal when it comes to great customer service, being able to withdraw funds, having a user friendly, easy to use trading platform to work with. I have traded with a countless number of brokers, some I have had nightmare experiences. I prefer to trade only using industry regulated brokers tick all the boxes, as above ( I have listed these below). If you are not sure, try out one of the brokers listed below, do a background check as required, they will provide you with a demo account on request.
This sounds like sales speak to me. In my opinion using Protected Profits as a trading tool, you have more to gain than lose. The decision process, moving forward, you can either read and bounce off the differing opinions from countless internet bloggers, or you can air on the side of caution, keep my “Warning Advice” under you belt, approach with caution, register with Protected Profits, take baby steps, follow my advice, make some money. I hope you found this article informative, I wish you all the the best and successes along.
Please remember to comment below, look forward to your feedback so we can share in your experiences.
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ECN. Used most by professional traders. Difficult platform for beginners
Minimum deposit $10000 (or $3,000 if under 25yo) * Well diversified -Oanda
Market maker. Second largest retail FX brokerage in the US. Easy platform for beginners.
No minimum deposit
Not well diversified, but well capitalized -Gain Capital (whitelabel forex.com) *Market Maker *Fair spreads *Minimum deposit $250 *Well diversified -FXCM Inc
ECN. Largest retail FX brokerage in the US
Minimum deposit $2000
Not well diversified. CAUTION: FXCM nearly went bankrupt in Jan-2015 due to a lack of diversification and low capitalisation. As a result FXCM LLC was bailed out with a large loan which may prove difficult to pay back. Be warned that their business may not be sustainable in the long term. -MBTrading
ECN. Mid-sized retail FX brokerage
Minimum deposit $400
International Only- -LMAX (whitelabel DarwinEx) *DMA broker based in the UK. Note that as a DMA broker LMAX eliminates the ability for LPs to last-look transactions. This may result in reduced liquidity during volatile times as liquidity providers would be likely not to risk posting liquidity to LMAX's pool. *Tight spreads *Minimum deposit $10,000 *Fairly well diversified -Dukascopy *ECN based in Switzerland, but available elsewhere depending on local regulations. *Tight spreads *Minimum deposit $100 *Fairly well diversified -IC Markets *ECN based in Australia *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Fairly well diversified -Pepperstone *ECN broker based in Australia. *Fair spreads on standard account, tight spreads on professional accounts. *Minimum deposit $200 *Not well diversified Software / Apps: Desktop/mobile
Apps are typically broker dependent. Some brokers have their own proprietary software, while others lease common software like Metatrader or NinjaTrader. Some software has a large development community for indicators and EAs.
Terminology/Acronyms: www.forexlive.com/ForexJargon - Common terms and acronyms FAQ: I need to exchange money, how do I do it? This isn’t what this sub is for. Your best bet is using your bank or an online exchange service. Be prepared to pay a hefty fee. I have money in one currency and need to exchange it into another sometime in the future, should I wait? Don’t ask us this. We speculate intraday in FX and shouldn’t be relied on to tell you what’s best for you. Exchange the money when you need it. I have an FX account, should I start trading demo or live? This is highly debatable. You should definitely demo trade until you have mastered how to use the trading platform on desktop and mobile. After that it’s up to you. Many think that the psychology of trading live vs demo trading is massively different. So it may pay to learn to trade live. Just be warned that most FX traders lose almost their entire first account so start with a low affordable balance. What’s money management? Money management is a form of risk management and is arguably the most important aspect of your trading when it comes to long term survival. You should always enter trades with a stop loss - the distance of the stop allows you to calculate how large of a percent of your account balance will be lost if your trade stops out. You can run a monte carlo simulation to figure out the risk of having a number of trades go against you in a row to drain your account. The general rule is that you should only risk losing 1-4% of your account per trade entered. More on this here: www.investopedia.com/articles/forex/06/fxmoneymgmt.asp www.swing-trade-stocks.com/money-management.html What about automated trading? Retail FX traders have been known to program “Expert Advisors” (EAs) to automate trading. It’s generally advisable to stay away from that until you’re very experienced. Never buy an EA from a developer because the vast majority of them are scams. What indicators are best? That’s up to you to test and find out. Many in this forum dislike oscillating indicators since they fail to capture the essence of what moves price. With experience you will discover what works best for you. In my experience indicators that are most popular with professional traders are those that provide trading “levels” such as pivot points, fibonacci, moving averages, trendlines, etc. What timeframe should I trade? Price action can vary in different timeframes. In longer term timeframes the price action and fundamentals are much more clear. Unfortunately it would take a very long time to figure out whether or not what you’re doing is successful on longer timeframes. In shorter timeframes you can often tell very quickly if what you’re doing is profitable. Unfortunately there’s a lot more “noise” on these levels which can prove deceptive for those trying to learn. Therefore the best bet is to use a multi-timeframe analysis, working from top-down to come up with trades. Should I trade using fundamental analysis (FA) of technical analysis (TA)? This is a long standing argument in these forums and elsewhere. I’ll settle it here - you should have an understanding of both. Yes there are traders who blindly ignore one of the other but a truly well rounded trader should understand and implement both into the analysis. The market is driven in the longer term through FA. But TA is necessary to give traders a place to enter and exit trades from a psychological risk/reward standpoint. I’ve heard trading Binary Options is an easy way to make money? The general advice is to stay away from binaries. The structure of binary options is so that when you lose the broker wins. This incentive has created a very scammy industry where there are few legitimate binary options brokers. In addition in order to be profitable in binaries you have to win 55-65% of the time. That’s a much higher premium over spot FX. Am I actually exchanging currencies? Yes and no. Your broker handles spot FX is currency pairs. Although they make an exchange at the settlement date they treat your position in your account as a virtual currency pair. Think of it like a contract where you can only buy or sell it as a pair. In this sense you are always long one currency while short another. You are merely speculating that one currency will appreciate or depreciate vs another. Why didn't my order fill? Even if price appears to cross over a line on your chart it does not guarantee a fill. Different charting platforms chart different prices - some chart the bid price, some the ask price and some the midpoint price. To fill a limit order price needs to cross your limit's price plus the spread at the time that it is crossing. If it does not equal or exceed the spread then it will not fill. Be wary that in general spreads are not fixed. So what may fill at one time may not at another.
7 Figure Traveler Review - The REAL Truth Revealed!
7 Figure Traveler is best binary option trading software. This method can be applied by any stage of trader, whether just new or skilled. This software was created in the earlier 2013, as a reply to the lots of failed binary options alternatives. We considered it was very significant to supply software in this market which can be trusted & used on an every day basis. With over 400 active traders & unlimited positive reviews, 7 Figure Traveler is the trade leader in binary signals industry. This software arrives at a low cost point & provides cost free updates for life time, a devoted support team, associate training & without charge installation for those who want it. Its moving advance plans to be steady in this marketplace for the instant and long-term opportunity. If we can give a service & produce that our consumers utilize & trust we will be now to do so. The aim of the 7 Figure Traveler is to give traders with extra income without harass. In our knowledge we establish that too many methods in the binary marketplace have luxurious claims. We don’t. The aims of this useful software are to supply charming days, charming months and charming year’s one deal at a moment. As formula as it sounds, our major focus is charming and staying forward of the marketplace situations. 7 Figure Traveler developers are constantly helpful to the wants of the customers & the maintain team cooperate a major part in the course of this software as they recognized the way that the clients desire us to leave. Why 7 Figure Traveler Software? This great software successfully expects charming binary options trades within 75-95% rate of possibility. Depending on present market conditions this software will print out on your chart, the possibility of charming the trade and tell you when to put or call. The method trades together daily & hourly tables, giving entry signals which can be applied for per day options, 30 minute & hourly options. Effectiveness of this new product The probabilities of wins are too lofty if one is choosing to go for this excellent software. The chance of correct expects is 75% to 95% that leads the users to create perfect call & put options. There are hourly and daily charts that give signals to the traders that they can utilize for the per 15 minute or 30 minutes or per hour or full day. It is broadly proficient for tracing the delicate changes in the present marketplace with full facts. =========>>>>>>>>DOWNLOAD IT FROM HERE FOR GETTING DISCOUNT LINK<<<<<<<<<<======= Top features of 7 Figure Traveler Software * There are 3 basic trading systems which are Classic, Martingale and Fibonacci
There are 7 significant money pairs to deal
The traders can take 4 broker Binary Options trading
The time bound for a trade begins from 60 seconds & goes up to 1 hour
The amount necessary for a solo trade begins from 5€ to 500€
This software is completely automated & does not need user interaction
The winning rate during this software assistance is 85%
The clients are given the profit to acquire free updates & upgraded reports for a lifetime
As soon as you have any matter, there is 60 days repayment possibility
The cost for this admirable to buy this software is only 79$
What To Appear For – What Is Vital? Now here are the things which most traders discover important while looking for the exact place to deal binary options. Your wants may vary & you can get a closer stare in our binary options adviser comparison plan. Status is everything – Status is more significant than any kind of regulatory stick of support. There are un-decent sites which claim regulation & very honest brokers who are un-control. Payouts Are Quick & Consistent – Timely Payouts with history is essential in shaping the legality of site. Never put at a site which has a record of terrible payouts. Kinds Of Binary Options Accessible That You Desire To Trade – If you desire to trade the sixty second options after that Any Option won’t work for you. Or maybe you desire other common kinds of binary options such as the variety options, one stroke or other more foreign style of binary options afterward you will want to find a broker which offers that kind of trade. The ordinary ‘up-down’ binary option selection is accessible for all brokers. Types of Benefits – Some binary trading websites offer more benefits to trade than others site. If there is an exacting stock you desire to trade or else if you desire to trade supplies like gold, silver & oil then you require getting a broker with the benefit you want. The Positive Side Of This Software:
It is exclusive: Unlike immaturity of products in common, this only is clearly one-of-a-type as well as clearly delivers winning a promises.
Good for new traders: 7 Figure Traveler is helpful for beginners in common as it begins from a source as well as permits only anyone to work it.
Does Not Require Big First Capital
Sixty Days Money Back Guarantee
The Pros Of The 7 Figure Traveler Software
Access Signals for Hourly & Daily Options
Trades USD/JPY, Gold, EUJPY
Made in High Shock News Detection
75-95% Success Rate
Simple Installation and Free Updates
1 Permit Per User
Members Area through Article Updates and 24/7 Support for clients
Signals Sent Straight to E-mail
The Cons Of The 7 Figure Traveler Software 1) As I particular above, I had 90% success rate above 20 trades – whilst this is honest, the sales page status that the method is 92% precise. In spite of, I am really cheerful with this result. Bottom Line Of This Software: Genuine reviews by actual people & all statistics confirm us Binary Harass Options warrants what it needs as a return. Repayment rate is about zero & this means that about all consumers are satisfied with the software.
Here are the regulated binary options brokers that we recommend: 24option: USA traders are not accepted. Licensed and regulated by CySEC, license #207/13. This was one of the first binary options brokers we ever recommended. Regulated binary options brokers are those brokers under the regulation of such authorities depending on the countries in which they operate. We compiled one of the best regulated binary options brokers reviews. This guide aims at leading you to the best regulated binary options brokers. Binary options trading is quite popular in the US, just like it is in other parts of the world. The American binary options trading space is quite restrictive though. It is strictly regulated, which is a good thing for traders. The strict regulations ensure that trader funds are secure, and all the trade outcomes are genuine. US Regulated Brokers. In the US, the Commodity Futures Trading Commission (CFTC) have only licensed two operators - Nadex and CBOE - to provide binary options trading to clients in the USA. Brokers based in Europe will not generally accept US residents as clients, as doing so can result in large fines. Nadex is the only regulated binary options exchange in the US. For this reason we think that it’s very safe. If you need more information, you can read our Nadex review. Alternatives To US Binary Options Brokers. If you are interested in binary options, you will definitely like these other forms of trading.
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