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 […]
Such big market like binary option witnesses the participation of hundreds of newcomers each year, wishing that they could easily gain success and become powerful player. However, thing doesn’t come that easy. Most of brokers disappear without leaving any impression and only few of them can stay for a few months. Among those, not many can
develop to their expected scale. Porter Finance is one of a few, we know, can do that. This broker has many advantages to be a successful broker even though they’ve been in the market for a few months. Their team is full of experts and their platform is dynamic, customer-oriented. We believe this broker is suitable for anyone no matter how long they have been in the market.
What Makes Them Different?
We have the same formula for brokers with binary option. For example, the products are almost the same, with only a few special brokers creating some new things to draw attention. Therefore, what makes a broker different is the way they conduct their business such as how easily people can conduct business with them or how helpful their support team is. The later example is also what makes Porter Finance notable among other brokers. Yes, they have an excellent support team, which obviously shows how much they appreciate and are dedicated to provide their customers with true value. And let us remind you that there are lots of things defining the success of a business, and giving customer with true values is an inseparable part of that.
Trading with Porter Finance begins with registration. Everything since then will be fast and easy. This broker offer traders with the typical call and put option. Besides that, you can find here some interesting things such as the One Touch option, Ladders and currencies pairs. They payout rates of successful trades can be as high as 80% and in some cases, can even reach 83%.
Trading process is simple. All the assets and expiration time are listed in separated drop down boxes and all you need to do is to choose your desired asset with suitable expiration period, then type the trading amount you expect. Trading starts with minimum amount of $25. Their asset list consists of indices, stocks, commodities and currency pairs with many of them being so special that you can hardly find anywhere else such as the Tel Aviv 25 index.
Deposting can be made through a wide variety of payment methods. This broker accepts payment made by major credit cards such as Visa, Mastercard, American Express or Discovery. Bank wire and online wallet such as Skrill or CashU are also permitted, which is definitely a good point reminding us of their focus on the service provided to customers. They also put security on top of their priorities with all transactions encrypted by the SSL encryption, ensuring that you can trade in a peaceful and secure environment.
Traders can choose their favorite currency to conduct their trade. This broker offers you an enormous number of currencies including the U.S. dollar, the Australian dollar, the British pound sterling, the Japanese yen, the euro, the Canadian dollar, the Swedish krona, and the Russian ruble. However, please remember that currency can only be chosen once and is not changeable.
Withdrawing with Porter Finance requires verification process to ensure that you are the legitimate owner of the money you are about to take. To complete this process, you need a copy of your citizen ID card alongside with a utility bill which has your address on it. Then get all of them scanned and delivered to their customer service team. It might take some days to process your withdrawal but since it is all for your safety against fraud, be patient.
The minimum deposit amount is $200 while the maximum withdrawal varies depending on what payment method you are using, for example, $10,000 for credit card, $5,000 for e-wallets and no limit for bank wire. Same formula is applied for minimum withdrawal. Minimum amount for withdrawing from credit card as well as e-wallets is $30, while bank transfer have bigger amount of $100. Please notice that the first withdrawal every month is free with each following charged $30.
Navigation is its highlight as well with everything is displayed clearly on the top bar. By one single click, you are able to move from trading to banking section. Their education section is also very useful. They also provide their customers with frequent market reviews which help traders learn not only about the markets but also the analysis skills necessary for their long-term success.
Though it seems that this information are helpful mostly for the novice traders as experienced customers already knew before, having them on site for quick access is definitely a bonus.
During our review, this broker shows its effort to help customers gain the best profit. We highly recommend this for all traders and expect to see its further development in the future.
The retail market for binary options seems to be very promising nowadays, while its rival forex market is dealing with a lot of troubles relating the development of Swiss Franc. The more it expands, the more people join this competitive industry. One of the newest companies joining this market is the Binarybrokerz. This broker, with its motto “personal touch makes all the difference”, has a totally new approach to keep its customers. Each trader after registering with Binarybrokerz will have his or her own experienced brokers, who will help her gain broad knowledge regarding analysis, techniques or skills with the ultimate aim to be successful in this industry. Although it is quite a new broker, their success and popularity are very noticeable. In this review, let’s see what they are doing to be that good.
Binarybrokerz has its platform developed by Tradesmarter, which is a guarantee for its quality and reputation. This platform is reliable, easy-to-use and navigates and it functions online 100% with no demand for downloading. Furthermore, all add-ons, tools and features such as StrategiX, which are ideal for profit maximization of up to 380% and risk management, are also enclosed in this platform, hence it is a very convenient and secure platform . Binarybrokerz also has their own mobile application operating on both iOS as well as Android system, which is a great advantage since it enables traders to gain access to their accounts anytime from anywhere. What we conclude from their platform is that it provides us with convenience, speed and flexibility.
Types of trading
At Binarybrokerz, you can find not only the typical high/low and call/put binary options but also other types whose risk level, speed or payout level are highly customizable, making it very convenient for traders to adjust the trade to meet their needs, purposes and skills. Here traders are able to choose both long and short term options, or the one touch binary options which are riskier and also pairs trading that is more advanced than the normal one. Therefore, what we really like about trading types at Binarybrokerz is its abundance with high customization, which allows every trader to find their suitable trading types from a simple, typical call/put to a highly customization one which fits with personal needs.
The asset collection of Binarybrokerz covers almost the main categories, which means they have quite a prosperous list of asset for customers to choose from. Therefore, don’t worry about what to trade at Binarybrokerz since it is no doubt that you can find something which fits your investment portfolio. While conducting our review here, we discover that this broker provides trading with 6 different commodities; they are crude oils, coppers and natural gas futures. If you are interested in stocks or indices, they also have 17 stocks of major companies as well as 15 indices originating from all around the world. In addition, 10 is the number of currencies accepted at BinaryBrokerz. They are not only common currencies but also some special ones such as Bitcoin or USD/RUB pair.
There are five different types of accounts differentiated by the deposit amount at Binarybrokerz. The Basic account starts with a deposit of $250. Upgrading this a bit more, we will have the more advanced one, which is the Standard account with more benefits such as a demo account and also a higher required deposit. At higher level, we can register for the Advanced, Premium and VIP accounts. These accounts are often for highly experienced traders who want more benefits such as bonuses, webinars, training courses or personal broker for individuals. The higher level you go, the better broker you will get. For example, a chief broker might be in charge of Premium account holder, but Basic and Standard account holder might only receive services from junior brokers.
Deposits and withdrawals
Withdrawing and depositing at Binarybrokerz are relatively fast and convenient. Their services are at standard and similar to what provided by other companies in the market. They accept various payment methods including major credit cards like Visa, Mastercard, American Express and Maestro. Bank wire is also available at Binarybrokerz and it is interesting to know that they also accept a wide variety of e-wallets such as Neteller, Skrill, CashU and Webmoney, etc. Know Your Customer Policy is strictly applied and this broker puts your safety on top of its priorities, which means they ensures that all the transactions are highly protected to provide customers with a safe and secure trading environment, which will help them feel free to conduct trading from their account anytime and anywhere.
It is a pity that this broker does not accept US players. However, people in other regions can be satisfied to know that it is likely that you can trade in your own language, since there are 12 different language options available at Binarybrokerz. They include some very popular such as Arabic, Chinese, English, French, German, Japanese, Russian and Spanish.
If you have any query, take a look at their FAQs or contact their customer service which can be approached on a 24/5 basis by live chat, email or phone.
Education for traders is Binarybrokerz’s strong competitive advantage. They own a very useful education center which is full of inter alia, video tutorials and tons of other useful materials such as daily market review and economic calendar. This center works to help customers earn necessary skills to be successful while trading with Binarybrokerz in particular and on the binary option market in common.
A new broker like this cannot be as complete as their experienced rivals, since it is still dealing with some problems such as the lack of benefits in comparison with other companies or their website is not fully operational. However, what it have is it endless enthusiasm, high commitment alongside with an innovative trading concept which assign broker for each individual. So if you are a newcomer who is looking for assistance to have certain knowledge about this market as well as to be successful in your very first business, Binarybrokerz might be an appropriate choice, which can help you achieve your goal.
Binary options have emerged as the most attractive new way of trading in the short term. The most popular question is what makes binary options a phenomenon. Traders rush to binary options as it’s so simple and easy to trade such options without much expertise needed. Also, what makes them different from other types of trading is their easily understandable fundamental knowledge that takes beginners little time to grasp. However, traders of binary options suffer considerable risks in return for profits.
Before initiating your trading business with binary options, you need to have some general idea of these options by playing with demo accounts in which you as beginners will trade the options in virtual money so that you cannot be broke with your wrong decisions. Therefore, don’t hesitate to lose them. However, your basic goal is to know how to trade with binary options, practice such basic skills and test your new trading strategies. For that reason, you should conduct single bids in a demo mode.
Demo account to the rescue
Keep in mind that you need practice as much as you can with the demon account. The demo mode simply simulates the trading platform with real-money in its operation and manipulation. Hence, after mastering the demo operations, you can jump to the real platform without any further learning. The only difference between two of them lies in the traders’ emotions. In reality, trading with virtual money is free of such feelings as sadness, guilt or regret which usually embrace the real-time market because demo accounts are not your own assets and have no real value.
Professional traders also turn to demon accounts for conducting deeper research on the trading market as well as testing their new strategies. Mastering trading skills in a demo mode gives you more confidence in the initiation of your trading career with your own real money.
how to get a demo account?
Let’s talk about the ways you can open a fake account. Luckily, the process of registering a demo account is effortless now. All of your simple jobs are to choose the most suitable brokerage company and find out the demo accounts the broker’s offerings like stockpair or 24option. This process is so easy since most major brokers now include the demo accounts in their library as no people jump to the real trading market if they have no idea of trading skills.
The same process as with the real account is required for you to sign in your demon account. They are different, however, as you need to decide on which mode – demo or real-time – you will join in.
In conclusion, don’t look down on the role of demo accounts or you may make an irreversible mistake. In fact, the demo trades provide you with opportunities to hone your trading skills. It’s advisable for you to register as many demo accounts as you can in various brokerage firms. This action is also encouraged by the trading platforms themselves and their regulations.
Although TradeHits hasn’t had a long history in the market of binary option brokers, heads of the company are all profound experts of the field with years of trading experience. The return rate offered by TradeHits reaches up to 88% and comes along with a large variety of tradable assets. Furthermore, the company provides lots of attractive features to not only beginners but also experienced players, such as zero fees or commissions, multiple language support and professional trading platform. The headquarters of TradeHits are located in London, England. However, the platform of this company is made global and even traders from the US are accepted in TradeHits platform.
The new website of TradeHitsis designed with a very good taste, both businesslike and fashionable. Information usually required by a new trader is displayed on the website, but sometimes some pieces of information may be posted in niches that are not easy to find. For instance, you will only find information about the types of accounts in the “About Us” section, not in their usual separate subsection, so this may make some traders frustrated to find. On the contrary, the “Expired Rates” is built a separate section in the website although it doesn’t display anything at all. Despite such minor mistakes in content arrangement, TradeHits stands out from other binary options platforms by providing traders with much more useful information, and traders will have no trouble obtaining all of the information if they take some time to research carefully.
Types of accounts and platforms
There are 5 types of accounts in TradeHits. The basic one requires a deposit between $250 and $999. The VIP accounts requires a much greater level of investment: $50000, and it comes with all offered benefits of TradeHits, including VIP perks, high 5% interest and an extra 3% on profits gained.
There are 6 types of platforms, namely one touch, option builder, 60 seconds, etc. There are detailed instruction videos on how these platforms work and traders can refer to these videos to understand the mechanism of the platforms. Traders are not required to make deposit to view the instructions, but they may have to pay a little fee.
TradeHits also provides market reviews on a daily basis, including detailed technical analysis and review illustrated with daily economic calendar and graphs. All traders registered in TradeHitsare allowed reading these reviews every day. TradeHits obtains data from Reuters and offers precise streams of data to traders. The “daily tips” area of the website shows some tips and recommendations on how to gain an advantage in trades of the day.
TradeHits delivers some pieces of education to traders for better trading experience. Registered traders will receive an interactive course including 4 lessons on basic principles and concepts of binary option trading, market analysis, financial management and trade psychology. Additionally, there is a VOD course that is provided in a series of videos. The videos are well-documented, informative and suitable for both trade beginners and experienced traders.
TradeHits provides an ebook with an in-depth analysis into binary option trading. The ebook is very long and only registered traders can have access to the ebook.
For depositors, TradeHits provides a demo account, which is very rarely seen in other binary option providers. Traders must make deposits in the demo account and they can withdraw their money from the demo if they don’t find much satisfaction. However, after making this review, we are confident that every trader coming to TradeHits will surely have their satisfaction.
The core mission set out by TradeHits is to provide the best trading experience and environment for all traders. Their support service works 24 hours for 6 days per week. The TradeHits platforms are frequently updated with the latest technologies and developed features.
It is correct to say that TradeHits is the first one in the industry to offer innovative pricing and performance modules that are later copied by other binary option traders. One of the most intriguing features of TradeHits is that traders will receive back 10% of the investment made on an option even if the option has gone out of money.
Generally speaking, TradeHits offers everything a regular trader needs for his thorough binary option trades. The website of the company may be strange at first, but soon it will become easy to work with, and the experience gained from trading in TradeHits is top-notch and worth every investment.