Binary options broker?
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Thread: Binary options broker?

  1. #1
    I've been trading BO's for about 9 months now, every free minute I'd went into it.

    Now that I eventually worked out a profitable egy and was looking for a fantastic broker. I discover that there seems to be no ones.

    I am considering FX in Australia (ASIC accredited) or AG Markets however AG only has longer-term choices like price of pair x/y at 9AM,1PM and bits. I would really like something 60/90 minutes.

    It appears that all cyprus brokers (controlled or not) are a no-go. 24option story (see http://www.forexpeacearmy.com/public...w.24option.com) seems to make that one a certain no. I really don't wish to develop funds and then not being able to take it.

    Queries:
    1. Do you have any very strong brokers you'd recommend?
    2. If you utilize AG markets (or even nadex in the US, which is not available for me an Aussie) - how can you translate the short term choices into using their 5AM/9AM/1PM etc. choices? Additionally, one has to sit at your computer to see if the price moves... Seems painful in comparison with 1/2 minute choices.

    Any help you have would be appreciated!

  2. #2
    Cedar finance are adequate.
    Stock pair is good.

    But I can not stress enough just how much of a scam binary choices are.
    I have been doing binarys for quite some time now and they're too risky.
    The chances are always consistently in favor of the broker.

    You have to win at least 60% of the opportunity to make any good money from them.

    I recommend IG binaries or high leverage Forex.

    Good fortune.

  3. #3
    Quote Originally Posted by ;
    Cedar fund are adequate. Stock pair is good. However, I can't stress enough just how much of a scam binary choices are. I've been performing binarys for quite some time now and they're too risky. The chances are constantly in favor of the broker. You must win at least 60 percent of the opportunity to make any good money from them. I suggest IG binaries or higher leverage Forex.
    Ezikeeill, thanks!

    Yes, there are so many scam reports round the area it simply ai not funny.

    Typo also in my original post I visit; 'AG Markets' must read 'IG Markets'.

    Winning 70-85% is potential I presume, but it would be a lot simpler if there were no such things like execution delay (why does an execution have to just take 3-5 seconds?) , price fixing, spread adjustment and so on.

    Perhaps you have pulled from cedar/stock pair before?

    Re: High leverage forex - but what to do about risk? I.e. you get a massive risk for a small profit - the exact reverse from BO's - or have I got that wrong?

    Re: IG binaries - huge commission ($40-80 at best), and need to go really long term - or am I missing something in their list?

  4. #4
    Hrm http://www.bonusbinaryoptions.net/ce...sc-and-the-amf

    Why go with cedar finance when they have a bad track record...

  5. #5
    IG binaries - enormous commission ($40-80 at best), and need to go really long-term - or am I missing something in their list? [/quote]


    Have a look at Sprint Markets on IG. 1,2,5,20,60 minutes

    What do you mean with enormous commission?

  6. #6

  7. #7
    Dukascopy began not too long to offer binary option trading. I remember from their presentation platform that the minimal duration is 60 seconds (1M). The maximum will be 1H (in 1M incremental). I can't comment on their live execution.

  8. #8
    Take a look at Marketsworld.com--They have a number of what your searching for their loion is Isle of Mann. In my experience, no person broker will satisfy all a traders requirements so far as Binaries are concerned. You need at least two who compliment each other as far as it is and trading hours have been concerned

  9. #9
    What is better, BO or Forex, I am still hesitating to that I must invest... I am more attracted to Forex but I would like to learn more about BO.
    Thank you

  10. #10
    I will second marketsworld. I know a lot of traders using this platform and appear to agree its greater of most of the platforms, as for execution and withdrawals. Much like most platforms with switches here there and all those different trading styles. Nice and easy and most significant quick withdrawals. But beware if you want to trade large and withdraw large ALL brokers screw you over. Far better play a game together and fly under the radar. Have a few brokers and take out winnings little but often.

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