24Option is one of the first Binary Options Brokers to arrive in 2010. 24Option is regulated and uses TechFinancials Trading Platform, which is considered one of the best trading platform available to date. 24Option has superior payout which’s up to 95%, this’s significantly higher than other Binary Options Brokers which offers payout varying between 71% […]
Talking about stockpair.com, we could consider it as the king of stock pairs trading in binary options. Besides regular assets like Forex Pairs, Commodities and Indexes, StockPair also includes the trading of relative strength between 2 stocks. Stockpair is very similar to Forex that we look at the relative strength of two assets and measure […]
TradeRush was found in 2011 but it already looks like a mature Binary Options broker. Traderush has their headquarters in Cyprus, I don’t think there’s a big problem since I’ve always been using broker from Cyprus, so far they’ve treated me nicely. SpotOption is their chosen platform with at least 85 different assets and a […]
OptionFair was first landing on Binary Options industry in early 2009 and it’s considered one of the older Binary Options broker around. Like 24option, OptionFair use TechFinancials trading platform, which’s tested and tried platform. The payout is up to 89%, and it’s considered one of the better one for payout. In fact, there’s only a […]
Allday Option is a new binary options trader that we will be shedding light on. In this review, all that is to know and available about the broker will be revealed. Terms and conditions of the company will be thoroughly examined, with a huge emphasis on withdrawal and bonus terms and if the firm avails customers demo accounts and mobile trading. Most importantly, I will provide an opinion if Allday Options is a scam.
Gold Horizon Ltd located in St Vincent and the Grenadines owns Allday Options. It operates on the popular Spot Option trading platform, providing signals in stocks, indices, currency pairs, and commodities. Traders have a variety of alternatives to select from in terms of expiry times and methods of binary options trading.
Looking into the All day Option history, my discovery revealed that their website was bought in 2009. Based on my, the Spot Option platform, and complete binary options trading was launched in October of 2015. Therefore, they can be categorized as a rookie broker.
You should note that the former owner, Every Option was bedeviled with many issues and supposedly they integrated with Allday Options. This has led to unprocessed withdrawals dating back to the days of Every Option and a lot of worried investors.
As usual, I always recommend that prospective investors read and fully understand every words and statement in a broker’s terms and conditions before they opening an account. I decided to peruse the terms and conditions at Allday Options. I found the following:
- Only people from age 18 can use the platform.
- You have the full responsibility and duty of respecting the binary options trading regulations of the wherever country you reside in.
- Financial information on the website should not be misconstrued as advice.
I can assert that the terms on the Allday Options website are quite inadequate in many areas. I will advise you to read them with total attention also, and if any question arises, you can consult their service department before creating an account.
At the creation of an account, Allday Options want investors to forward in their compliance documents. Withdrawals are usually quicker and faster if they are sent in. A copy fo your photo ID, a copy of a utility bill or bank statement showing your name and address and a copy of the credit card you used to deposit should be attached to the compliance document.
As soon as this are in the hands of the firms, withdrawals can be requested. Credit card withdrawals do not attract any charges, but bank wires incur a charge of $25. Allday Option will process your withdrawal within 3 business days.
With bonuses, it is advised that you think about the terms before accepting any bonus from Allday Options. I discovered that, in order to withdraw the bonus and the profit accumulated on it, the investor must have carried out at least an investment that is 40 times the bonus. I suggest you consider the terms before accepting a bonus from Allday Options. For instance, what this implies is that, before you can withdraw both bonus and profit, you must have made a trading volume of $4,000 if you received a $100 bonus.
Allday Options does not offer any type of demo account. They do offer a comprehensive binary options trading education center.
I’ve searched all over the web for a mobile application for Allday Options, but my search was futile. Many investors carry out trading on their smartphones and other mobile devices, they should, therefore, give this a fast thought.
Before we move on, I should offer you a strict warning concerning this. I cannot absolutely state that Allday Options is a scam due to lack of evidence, but the former owners closed down due to what looks like a scam binary options trading, and Allday Options took their clients. The move is ethically questionable, too many traders, it seems as a mere change of name by the scamming brokers to perpetrate another scam on innocent and ignorant investors.
Another important point to note is that Allday options are neither regulated nor licensed, there are also no evidence of any attempt to get regulations. Interestingly, they have been slammed with few withdrawal complaints in just 6 months of operation.
If my suggestion will make any sense to you, you should forgo this broker and go in search of a reputable binary options broker. If you have ever traded with Allday Options, share your experience in the comment session below, as it will convince many traders. We would especially like to know how easy you made withdrawals.
What are Binary Options
Binary options is an exotic financial trading which offers investors a stated and fixed returns on their investment at expiration or nothing at all if an expiration occurs on the money. In essence, what binary options offers is strictly 2 possible outcomes, most binary options brokers nowadays offer traders other alternatives in the medium in which binary options can be traded. The most popular of these is the classic High/Low (Call/Put) option.
Simplicity is what makes binary options truly attractive to traders. An investor in binary options only has 2 main factors to worry about, the direction at which the price moves and the expiry time. If the investor is able to predict the right direction of the price movement and the expected expiry time for the option to close on the right side of the trade, then his investment will close in the money.
What differentiates Binary options for vanilla or traditional options is the quantum of the price direction and movement of binary options which is arguably irrelevant, with no effect on the amount of payoff. Despite the simple nature of trading in Binary Options in the ever changing financial markets, the trader must acquaint him or herself to the risks that come along with every wrong moves and misread financial tools.
Tor Option is a binary options broker located in London, UK. In 2015, it started operations in the binary market. Since the inception, attention has been given to the broker. The potential customer-based Tor Option has is quite much and a lot has been carried out in order to attract new customers and to keep existing ones. The question here is that, is it done in a legal way or Tor Option is a scam? The answer can be gotten in the review below.
Shortcut: Tor Option Overview | Trading Platform | Account Types & Bonuses | Tor Option Advantage | Deposit & Withdrawal | How to get started | Compare with Other brokers | Should you sign up with TorOption |
Tor Option which is a binary brokerage that takes safety and security very serious more than other things. The state-of-the-art SSL encryption is used. The broker makes use of a strict Know Your Client and Anti-Money Laundering programs. A set of regulations and conditions must be met to verify your identity as well as ownership of the account. All these are being done is order to keep their clients away from financial fraud and illegal and intense actions.
Some investigations were carried out on tor options and a lot of positive reports was found. The clients of the broker get satisfaction from the services being received and also a qualitative trading experience. With all this, conclusions are made that the platform for trading binary options online is carried out putting in mind the safety and security as well as the comfort of those who make use of it.
Tor Option makes use of the most famous platforms for online investments in the binary market. The broker is powered by SpotOption –which is quite easy for use in the trading platform that suit both new as well as professionals. It is spontaneously derived and easy to use, simple, and efficiently refined – a trade can be placed with few clicks.
There are 4 main types of account which are offered by the Tor Option binary broker. A minimum of $350 can be invested to open a Mini Account. The Standard Account is from $10,000 and also the Executive Account begins from $25,000. A VIP Account can also be open which starts from $50,000. If you are confused on which Account to open and how much to invest, our support team of Tor Option can be contacted for counseling and recommendations.
All account types come with a selection of special features, including an eligibility for a welcoming bonus. The bonus amount for the different account types is 10% for Mini, up to 50% for Standard, up to 75% for Executive and a custom made bonus for VIP account holders.
The brokerage gives a lot of benefits to its clients. Quality customer support, as well as training materials and educational resources which include a free Webinar, are being given to the clients, which is led by a professional trader – Maxwell Saravia, who has a lot of experience in the field. TorOption offers extensive market survey and a trading calendar which include the duration with which the five major stock exchanges are opened.
TorOption is a binary broker that offers a collection of payment methods which the clients can select the one that is suitable to them. The policies and protocols that are used ensure the safety of your funds and investments. Withdrawals can be made with the same method in which the initial capital was deposited.
Withdrawal of Credit card is free of charge and holders of Mini Account type will wait for close to 10 business days before processing the request. The duration is longer than the average of the industry but it is realistic and also due to the legal processes and fund safety rules which you have to abide with for the withdrawal of your funds.
- Sign Up – the process is fast and it is free to use the services of the TorOption. What is required to start up the trade is the minimum initial investment.
- Trade – with a few clicks on the intuitive and easy to use platform, a collection of options can be traded. The binary contracts that are offered are more than what is being offered in the industry.
- Withdraw – the withdrawal is between 1 and 10 business days, which depends on your account type, mode of payment and the transaction size.
More than 200 binary options brokers are given to you to select from, here are some of the common ones.
HighLow is the most common broker in Australia and they are approved by ASIC. The Markets Pulse trading system that has a return of 100% on options is being used, and of which the minimum deposit is $50 only.
24Option which is a popular authorized broker provides to traders an easy to use trading platform. They have a tremendous trading contest this month and you are assured of protected trade.
StockPair is an authorized CySEC broker with a distinct trading platform. The traders using the Binary Options robots are the most common with them.
Awesome quality of service being offered by Tor Option is the feedback of the current customers. Tor Option is an authorized broker that utilizes a trading environment that is user-friendly, great opportunities are offered to both newbies and professionals. It is therefore recommended as a trustworthy broker.
As a point of entry, it is important to know that a binary options trader is primarily concerned with dual aims; earning high profits and maintaining deposit through any medium. As binary options traders most especially, if you are new to the business, Binomo would be the perfect alternative if you don’t want to lose your funds yet make profits. In this article, you’ll learn the following:
Binomo acts professionally in the discharge of their roles. They ultimately have the interest of their customers at heart, they believe the customer is the reason why they are in business. Binomo Brokers avail traders the most loyal trading terms in the industry and analytically provides necessary services. Binomo was certified by the Financial Market Relations Regulation Center as having the highest standards of operations. They are also a member of the Compensation Fund.
Choosing Binomo Binary trading ensures you get an extraordinary experience that fits into any wallet. Due to its favorable trading conditions, the market analysis support, the professionalism of its customer support and the reorientation of both newbies and professional, all this makes Binomo to be a leader among brokerage firms. It is also worthy to mention that this company climbed to such an enviable height in Few years of rendering professional binary options trading.
Globally, customers are enjoying the loyalty and cooperation of Binomo Broker, with around 94% returns on investment under an exciting, profitable and exclusive trading conditions. Honesty and transparency is a strong point of this firm, availing customers real-time market quotes with a medium for easy depositing and withdrawing. No matter how skeptical a trader may be, Binomo smells of trustworthiness and an optimistic investment environment.
As a trader with Binomo Broker, you have choice of trades and investment. The firm has a common but convenient options and alternatives on its trading platform to select from, namely:
Classical Options: Direct predictability and accuracy of quotations on the instrument of trade is the determinant of the profit. It is a simple type of option that yields a payout of up to 94%. It has an expiration period of 12hours.
60 seconds: This has an expiration duration of between 60 to 30 seconds, with a 94% payout. It is a simple option for quick and easy up/down trading conditions.
The deposit currencies are US Dollars, Euro and Rubles, as Binomo Broker offers four account forms to investors based on their currency. Minimum deposits are the demarcation for various account types which makes higher depositors to enjoy exclusive privileges.
As a newcomer in the binary options industry, you can open a micro account at Binomo with a minimum deposit of $10, this account offers all the basic necessity that suits a beginner. The micro account provides traders with a high-quality client’s support 24/7, educational materials and around the clock trading availability. All this features inhibits the development of top notch trading skills, strategies that rake in profits as soon as possible. Advanced trading features are available for Standard account holders which include every basic feature above. In order to get a private manager and a deposit insurance, the minimum deposit is $300. In comparison with other brokerage firms, I can categorically state that no other firm provides such mouthwatering features for such an amount. In other places, a minimum of $10,000 is the lowest to get a private account managers attention. You will agree with me that this is a good value.
A premium account is the most suitable for advanced traders and professional. With a minimum deposit tag of $1000, any of your financial requests is carried out with a sense of urgency, every of your request is prioritized by the firm. As a professional binary options trader, the business account is the top notch package with a $3000 deposit price tag. You will have to yourself advanced analytics, data and trading signals provided by Binomo. Equipped with the tools and devices you need; you will experience an upward surge in your profit.
All the three account comes with up to 85% bonus on every first deposit. This bonus will help you build up your balance and reduce your risks.
With a unique bonus code offered by our Chief Binary Options team as offered by Binomo broker. Whenever you make deposits with the given code, you are assured of an additional 30% on your investment. This is in addition to the welcome bonus. Follow the following steps to activate the bonus;
- Click on the button “Visit Website” on this Binomo review page and register your account,
- Copy the code below,
- At your account page “Cashier”, click a separate field “I have a bonus coupon”, which you need to fill in with this copied code.
Extra 30% Binomo bonus code: 0UwetpXuDxJg
Right now, the most loyal brokers in the aspect of client funds management, Binomo is rated highly. The minimum deposits with Binomo are $10, while the lowest amount to be traded is $1.
With such a low requirement, customers can start trading in the binary options market from scratch and with minimal risks. This firm is a particularly great choice for beginner traders to launch out their career, as they are not obligated to deposit a large amount into their account and can gradually pile up their account balance.
Binomo provides its customers a variety of alternatives to make Binomo withdrawal: Credit Card – UnionPay, MasterCard, and VISA, electronic purses – Yandex, Qiwi, Neteller and WebMoney, SMS-banking (cash deposit in the account via the phone).
Transfer of funds to the account occurs immediately and Binomo withdrawal to your e-wallet will take between 3-4 hours, while the maximum time specified by the broker is 24 hours.
In order to effectively hone and practice your trade skills and test your trading strategies, Binomo avail traders with a Binomo demo account, which includes a virtual $ 1,000 with the possibility of an infinite automatic replenishment to Binomo demo account virtual money. Using the Binomo demo account indefinitely and begin trading for real only when you are 100% sure that you are prepared for this.
So also, you should know that the platform of Binomo demo account is 100% similar to the real trading platform, which has been rated as one of the best in the Binary options market!
Whenever you are ready to trade with a real account, Binomo gets you started with a bonus up to 85% of your deposit’s amount, this will definitely help you to limit your losses and increases your starting capital.
Binomo has an Analytical Unit with offers, which includes:
Investment Ideas – custom made solutions that guarantees the most profitable investments in the options market.
Technical Analysis – visualized assets charts analysis that predicts further directions for the price dynamics.
Market Reviews – fundamental analysis for the most popular assets and markets, including some real-time predictions for the current day.
Binomo Binary Trading Terminal is an avant-garde platform well designed by Binomo to ensure that its traders enjoy the most pleasant investing experience through:
- Technical indicators – tools for technical analysis of the market assets.
- One Click Trading – immediate execution of trading orders.
- Candlestick charts – the most informative visuals of asset quotes.
- Visual display of trading information – Following of open positions from the chart.
- Quick switching from among open asset windows and transactions.
- Support tools for open positions.
- Convenient expiration periods ranging from 1 minute to 12 months.
- A panel displaying the majority opinion.
- The timeframe for time scaling the assets charts – observe the quotes on larger time intervals.
- 72 trading instruments – a great set of instruments for your trading portfolio.
- The most advanced mobile platform for iOS and Android.
Technical Support operates 24hours on working days. With highly skilled and well trained Binomo specialists always at client’s disposal and ready to find solutions to all issues. Additionally, our Russian customers are offered services in Russian languages.
Binomo has a team of professionals ready to provide assistance to every issue 24 hours a day during weekdays in English and Russian languages. They are reachable through our Live Chat feature, on the phone, via email or Skype. The majority of customer issues are resolvable just by looking through the FAQs section. An extensive and detailed education section also offers an up-to-date and relevant book with a detailed course on binary options trading for beginner traders. This material is completely free and available upon free registration. Lastly, by glancing through the Offers tab, you can select a bonus that fits your financial needs. This is an additional feature to the problem free services Binomo customers enjoy.
Binary options trading is provided by Daweda through a trader to trader exchange. Their base of operation is Cyprus and regulated by CySec. Daweda distinguishes itself from other traders as it is dedicated to trading pure binaries, unlike other brokers who exchange traded binary options. If their platform becomes more popular, used and adopted with more markets added, the available assets for trading will continue to boast of stronger liquidity.
Daweda run a peer to peer means of exchange, excluding them from being a counterparty to any trade. All they do is matching two traders who have opposing views on the same asset. The brokers charge a small fee for initiated contract and ensure a payout of 100% without a spread.
Important information for the Daweda binary exchange;
- Demo Account – Yes (Demo balance is available immediately on sign up)
- Minimum Deposit – £100
- Minimum trade – £7 ($10 currency equivalent)
- Signals service – No.
- Bonus details – Monthly cashback for loyal, active traders.
- Mobile App – Yes. Compatible across all platforms.
Daweda runs a very simple and easy to use platform. The top of the trading menu houses the asset menu, with available assets and their expiration period listed. A click on the required market selects such and updates the price graphs. The graph illustrates the real-time and current price and can be viewed between timeframes. Moving the mouse over the ‘Buy’ and ‘Sell’ buttons will also initiate a gray area within the price graph which is the illustration of the point at which the options can be bought or sold.
Every initiated contract attracts a $0.50 fee; your lowest contract is set at $10 (or its equivalent). Accounts can be opened in Pounds Sterling. There is a selection for more than one contract using a drop down located in the centre-top of the trading area. As soon as traders are at peace with the trade size, the Buy/Sell buttons can be used.
Clicking directly on the buttons will initiate a new option ‘order’ at that level. Using the +/- buttons, however, changes the price level – so traders can open an option order at the price level they require. A pop-up page will then appear, asking the trader to confirm or cancel the order. The order is then live and needs to be matched by another trader. This is a genuine peer-to-peer trading. So orders will not always be matched – but traders can set exactly the price level they want in order to enter a trade. This is one of the key points of an exchange. For an option to be placed, another trader must be willing to take the opposite view on an asset.
Open orders, and orders waiting to be matched appear below the price graph, and on the top right of the trading area, with the current status also displayed.
There will definitely the growth of varieties at Daweda. Since it is based on a Peer to Peer exchange system, it needs a vibrant and liquid market to ensure that all orders by traders are matched on the two sides of trading. Daweda is a fairly new (but growing) brand, focusing on the popular markets will ensure there is liquidity. The liquidity of the trades can be ascertained by the traders by looking at the open lists.
Popular Forex pairs and commodities are available, as are certain stocks and US indices.
Daweda utilizes the Android and iOS (iPhone and iPad) mobile platforms for the offering of their exchange. The mobile application provides accessibility on a full range of exchange assets to Traders and lists working orders on contracts. The user interface is clear and easy to use, making the simplicity of the exchange available for traders on the move.
Traders can also add a ‘Favorites’ list of assets as it is done on the full website to make accessing markets quicker on a mobile device. Account maintenance options are also available. The mobile offering is a great complement to the main site.
Payouts at Daweda are listed as 100%. Traders must, however, note that, that there is a $0.50 charged fee on every contract (if hedging, this is charged on both contracts) so a 50% in-the-money rate will still make a small loss over time.
There is, however, no spread to “make up” as the price matched, is the price the contract is struck at. Both buyer and seller “match” at the same price.
Deposits can be made at Daweda via Credit card, Skrill (Money Bookers), WebMoney and bank wire transfer. Verification will be required for depositing but the deposit process is fairly simple, Verification is essential with most regulated brokers.
Withdrawals undergo a simple process too, there is no minimum amount to be withdrawn. You can make one free withdrawal in a month– any additional payouts in the same 30/31 days calendar month will incur a $25 charge (or equivalent). Traders will, however, need to withdraw using the same method with which they made their last deposit. For instance, if last deposit is made through WebMoney, the next withdrawal will be via WebMoney.
Daweda is among the fasted brokers in organizing traders withdrawals as they process withdrawals within 24 hours.
Clients at Daweda enjoys the following features and benefits:
- Cashback – The length of stay of a trader at Daweda and the frequency of their trade will guarantee a higher cashback. Traders are automatically enrolled, and the funds are paid automatically into account too. Win-win.
- Education – Due to the uniqueness of the platform, detailed materials are available on using it, including the ‘hedge’ feature.
- Order book – The center point of trade at Daweda Exchange is the Order Book – an unique feature that allows traders to view all the current orders on any chosen asset. Dynamic, and updated in real time, the market activity can be seen in a clear and concise way at a glance. The forces of demand and supply on an asset is also clearly illustrated.
- Hedging – Hedging creates an entry in the Order Book that offsets any position with a counter-trade. Once a contract is matched, the open orders screen will highlight the opportunity to Hedge. When matched by another client, the hedge will balance the original position in order to protect the trade.
- Professional Client Program – Professional and advanced traders can trade with the automated tools developed by themselves. The Daweda Exchange Professional Client Program allows it or alternatively with the help of bespoke solutions using the wide range of products and services at Daweda that will suit the needs of the traders.