Moneyness in Banc de Binary! Is it a gamble or a scam?

July 8, 2016July 1, 2016 by adminelmundodelosovnis

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Banc De Binary-The leader of trading! Founded in 2009, Banc De Binary is a Cypriot enterprise and is considered the leader in binary options trading. It is one of the simplest and claims to be a profitable trading system. The major assets for trading under this system include gold, oil, stocks, indices, foreign exchange and similar commodities. Banc De Binary customers form a bet directly against a certain firm and not via any regulated exchange. The price of the options is fixed by the associate Spot Option Exchange, which also offers 30-second, 60-second and many other such trading options.

It offers a demo account to the customers so that they get familiar with the trading business before getting into the real market investment. It also promises a bonus on the initial deposit and re-deposit bonuses also.

What are Binary Options? The term “Binary Options” used in finance is based on the outcome of a yes/no proposition. This yes/no proposition are indicative of whether the price of a particular asset that has been underlying in the binary option will go above or below a specific amount. The binary option exercises automatically viz. the investor or the option holder has no choice of selling or purchasing the underlying asset. When the option expires, the holder receives either a pre-determined amount of money or the value of the underlying asset or nothing at all. Therefore, they are also called as all-or nothing options or fixed return options.

There are two most important types’ binary options. They are the cash-or-nothing option or asset or nothing option. In the cash-or nothing types of binary options, the pre-determined payout will be paid as cash. In the asset-or nothing type of binary option, the value of the asset which has been placed as security for the purchase will be paid at the time of maturity.

Trading platform for Binary Options The SEC (Stock Exchange Commission) and the CFTC (Commodity Futures Trading Commission) Office of Consumer Outreach are the main regulators of the binary option platforms in the United States. They have an oversight of the listed exchanges or the designated contract market. Most of the trading for binary options are internet-based platforms, which necessarily do not always comply with the applicable US regulatory requirements. The number of such websites offering Internet-based trading platforms has sky-rocketed in the recent years. This has proportionately increased the number of complaints regarding fraud and false promotion schemes.

Fraudulent Binary option trading Basically, the frauds related to binary option trading can be categorized into five types.

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Refusal to reimburse credit amount: This is the most common type of alleged fraud in the binary option trading. Since the investor is first needed to bank-in a specified amount of cash/or an asset, it is locked in by the trading company, usually via brokers and at the time of reimbursement of the funds, the account is either blocked/canceled, or the amount is not credited to their accounts.
Identity theft: Usually, the investors are requested to produce any proof of identity such as credit-card details or license details or other such data for unspecified requirements. There is always a possibility for such personal data to be misused. Hence, it is better to avoid such requests for photocopies of license, credit-card details to avoid any fraud by the trading brokers.
Software manipulation: This is another common type of alleged fraud involving manipulation of software to. The internet-based trading platforms manipulate the software to alter the prices and payoffs of the binary options and generate unexpected trading losses for the investor.
Altered Terms and Conditions: It is necessary for the investors to read every clause in the Terms and Conditions of the contract and be vigilant enough to not allow any possible subsequent changes, especially regarding the payoffs.
Credible regulatory bodies: You should ensure that the broker works for a regulatory trading company that is legally designated for contract trading of binary options. If the broker is not registered with a professional trading company and lists down trading options with non-credible regulatory bodies, then there is every possibility that it might be a scam.

In 2013, the Cyprus Securities and Exchange Commission (CySEC) had declared that all the brokers involved in the binary options trading and operations within the Cyprus jurisdiction should apply for a CIF license. This ensures that all the registered brokers are legally responsible to keep a check on the safety of the invested funds. There are just three designated contractors offering binary options in the United States. They are the Chicago Mercantile Exchange, Inc.; Cantor Exchange LP; and the North American Derivatives Exchange, Inc. All other trading companies offering binary options trading are more likely to be illegal.

Is It a Scam? Banc de Binary has been having regulatory issues with the United States authorities for quite a while. But that’s history now and it shares good relation with the United States and with the European regulations. Though it cannot be actually considered a scam, the traders do have issues with this trading system.

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The major complaint always has been that the money of the investors has been lost in the hands of the account manager. So, it is highly recommended to stay away from account managers.

The other complaint is that it is the most aggressive brokerage, rushing traders into investing huge sums of money under a VIP account. This makes things highly uncomfortable and financially tight for common man, who has minimalist savings. Once the investment is done, complaints have been issued that the managers do not revert back as expected and the gains are predominantly negative. Though this is a common issue for all brokerages, it is much more prevalent in Banc de Binary options.

Banc de Binary now uses the SpotOption software platform, which is user-friendly. This is one the longest running and one of the most trusted and reliable trade brokerages in the trading market. These kinds of platforms are usually considered as a gambling or a gaming platform since there is little or no knowledge about how a stock market can trade. The cumulative payout is negative a lot of times.

Prudent binary option brokers across the globe

July 3, 2016July 1, 2016 by adminelmundodelosovnis

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Finding the right binary options broker is the most challenging part on the path to becoming a successful trader. Generating profits via trading by binary options is not an easy task. There is every chance for worse things to happen to an investor while making money, and then while trying to get out of it. Many binary options brokers are scam artists who promise investors into trading quick and easy money and disappear without a trace. Unreliable and un-regulated binary options brokers are rooting everywhere. A constantly-updated list of recommended binary options brokers which offers genuine security and reliable structure is given, in order to help in combating this growing dangerous trend. Check out Online wealth markets Review.

Comparing the brokers!Currently in this business, there are almost 400 brokers or platforms available for binary options trading. The evolution of so many broker firms has given plenty of options to investors to trade as per their standard and requirement, keeping in mind the returns and bonuses too.

The foremost step while starting a binary option trade is to look out for a genuine and a reliable broker. There are websites which give updated information about best brokers and allows comparing them. The best broker can then be chosen keeping in mind the initial deposit amounts, percentage of bonus and maximum returns etc.

Best Binary Option brokers:

The world is now trending into the trading business and this has led to the formation of several trading firms across the globe. These firms and brokerages are controlled by regulatory affairs bodies within the particular geographical regions. The main task of these bodies is to monitor and regulate the binary options, Forex activities and to protect the traders from any possible fraud through the brokers.

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Best Binary Option brokers in the US:

There are two regulatory bodies in the United States which control the activities of the binary options and the Forex brokers. These two bodies are the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). Examples of few best brokers in the Unites States are Porter Finance, Tradorax, FINPARI, and CTOption.

Best Binary Option brokers in the UK:

The two main regulatory bodies in the United Kingdom are the Cyprus Securities and Exchange Commission (CySEC) and the British Financial Conduct Authority (FCA). It is advisable to trade and choose a broker from a firm who is legally licensed and regulated by the CySEC and FCA. The most popular brokers for binary options in UK are Banc de Binary, 24Option.com, BOSS capital, TRADERUSH, IQ option and many more.

Though almost all of the binary options trading platforms have a lot in common, they usually do differ in parameters like initial deposit, means of depositing, time of trade, maximum returns and payoffs, bonuses, terms and conditions for depositing and withdrawing money, customer service and so much more. Therefore, it is recommended to check all the information and genuine details about the trading platforms and brokers.

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StockPair – A Plethora or a Glitch in the Trading Market!

July 1, 2016 by adminelmundodelosovnis

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StockPair is an established binary options broker, located in Cyprus. It is considered to be one of the finest trading options, offering an extensive choice for extras. Their website is a very user friendly one, with easy operations even for the common man. As compared to other Binary Options brokers, It offers a high profit, with an average of 82% return for most assets.

It has introduced recently a new way for binary option trading. It has eliminated the expiry date concept and has given enough reason for the customers to be drawn to it. It has introduced the KIKO options – Knock-In – Knock Out. It means that there will be two target prices will be offered to the investors – one above the current trending price and the other one below it. The investor has to put in his money and decide which price will be hit first. The probable payoffs on KIKO options are slightly lower compared to other binary options.

One of the most common shortfalls of the trading industry is “withdrawals” of funds and bonuses. It has taken its frontier to the top by solving this issue. It poses no restrictions upon withdrawals of funds and bonuses. Once the required trading volume is met, the StockPair bonus is credit into the customer’s account.

Unique Features

It new features include tools such as “Technical analysis charts and Trading Indicators”. The technical analysis charts use indicators like moving average, Bollinger bands, and RSI, which enhance the trade analysis for the investors without having to depend on a third-party for charting. The trading indicator is like a market forecast predictor, which by use of algorithms predicts the direction of the particular type of asset trade.

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Is it a Scam?

It has been pioneers in the trading market for the past 5 years and there has not been a single complaint against the firm regarding customer services or anything related to reimbursement of funds or bonuses. It is regulated by CySEC and many other European regulators, including British FCA. It comes into view that they are very good customer caretakers and have been paying off the returns on-time.

Though the firm has been in the good books of the investors, it is highly possible that there might be issues to customers with respect to the individual brokers involved in their trade. So it is always advisable to consider regulated and legally appointed advisors for the trading advices.

One major issue is with the US clients. It follows EU regulations and therefore cannot accept US clients. This seems to have caused major frustration with the US-based traders.

Another shortfall with It is the high initial deposit requirements for the premium accounts. There have also been complaints regarding how high trading volumes to be met to claim the cash-back incentive.

To cater to the larger group of the world, StockPair has introduced its new mobile app for iOS and Android platforms, to make it easy for its valuable customers on the move. StockPair has been a forefront runner in the trading market and its flexible trading options allow anyone to start trading at ease.

Trading Strategies for Binary Options in 60-Seconds!

July 1, 2016 by adminelmundodelosovnis

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As you can guess from the title itself, this is a 60 second binary options trading strategy. This strategy will be more useful to novice traders as they can depend on one indicator rather on bunch of indicators that are more likely to muddle the charting solution. Though all binary options are short term trading, the 60-second trading strategy is even more intense. Since they have very short expiration time periods, they require special trading strategies.

There are few options available to create an own 60-seconds binary options strategy. First choice is to look out for trending short time frames. Since it is short lived, the investor has to be quick while trading using these options. For more usefull information visit: http://cybermentors.org.uk/

Another option is using candlesticks as technical indicators. The investor has to make sure that each candlestick represents a time-frame of at least 15 seconds; else the movements of the indicators will be too quick to monitor. In either of the options, it requires high skill set, experience and intuition to make apt decisions in such short time frames and fast paced environments.

The most important indicator required is the MACD (moving average convergence divergence) which measures the momentum that is associated with short-term trading trends. 60 second binary options strategy contracts are made in sets of three, which are referred as “series”. It is simple and helps in becoming a more profitable and successful trader of these contracts.

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60-Second Binary Options Trading Strategy – to be used as part of trading strategy

Each “series” trade consists of three identical contracts, which have to be purchased 10-25 seconds apart.
Each contract in the series is purchased for the same price.
Volatility determines the traders purchase intervals. The spacing intervals should increase as volatility rises.
10 seconds is the default time spacing and is used most often.
When the volatility of the customers chosen asset is high, then the time intervals should be raised in between 15-25 seconds.
The maximum time interval in between the subsequent contracts should never exceed 30 seconds, as this may lead to the expiration of the first contract even before purchasing the third contract.

How to Apply the 60 Seconds Strategy

The process is very simple and requires just two steps. In the first step, it requires the blue MACD line to bypass the white MACD line. This is the signaling process for the trading. There is a candle that correlates with the blues line’s direction. So, if the blue MACD line crosses the white MACD line in an upward direction, it is a CALL trade if a bullish candle is found above it, and the opposite for the PUT trade.

The recommended expiry times while using this type of trading strategy would be 30, 60 and 120 seconds. If carefully carried out, this trading style works great for all the expiry times.

The 60 Seconds binary option strategy has high risk of losing trades since it has to be done very quickly and will have less secure predictions compared to other options. Although, if a profit has been made, the 60 Seconds binary options strategy can help in making lot more profit in less time, since there are chances for to generate tradable signals every few minutes.

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