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Following a successful trader without due caution is a path to ruin. Treat binary options copy trading like you would any other investment.
Be prudent and patient and you will succeed in time. Call me back. Please input your phone number with country code and we will immediately contact you.
How to start? Open an account. Advantages Our advantages. Proomotions Giveaway. Managing Risks with Binary Copy Trading Binary copy trading sounds like the perfect proposition: you find a trader who is successful and you copy their trades, so you get rich!
Binary Copy Trading with Robots Using automated trading robots for binary copy trading is risky. While this may sound like something refreshing in this industry, all you need to do is take a look at the right hand section of the website and you see what appears to be a script that is trying to entice you to join.
If you manage to find your way through the video you will no doubt be a bit uninterested and bored.
It certainly feels like it is a sales pitch from start to finish despite what he tells us. Your patience will start to be tested as they utilize all of the usual marketing and sales techniques you find on these sorts of sites for the most part.
Copy Trader is not something that can be recommended at this moment in time. If in a couple of months a lot of the readers try out the platform and decide as to whether or not the platform is as successful as claimed, then maybe this verdict will change.
Normally it is best practice to err on the side of caution when it comes to these types of platforms. A good idea can be to get in touch with a developer or member of staff for the platform and see how long it takes for them to respond.
To sum everything up, it is no advised for you to sign up and make a deposit with the Copy Trade platform at this moment in time.
There is a feeling about it that the software may be a scam so you want to play it safe and see what the verdict is from others.
Your email address will not be published. Their platform is very easy to use for beginners and also has some features that even advanced traders will appreciate such as 4 different chart types, 8 indicators, and trend lines.
ExpertOption also offers Social Trading, which allows you to trade binary options with your friends or follow other VIP traders and see their active trades in real-time.
ExpertOption offers over 20 different payment methods including E-Wallets, credit cards, cryptocurrency, and bank transfer.
This binary broker also offers a free demo without registration. Overall, if you're looking for a great payouts and a solid trading platform, ExpertOption is an option worth considering.
This license ensures that traders are supported by deposit insurance, comprehensive support, and a prompt resolution of all issues.
Olymp Trade has been a part of the options market since and has consistently improved their platform over the years. As of , there are over 25, users trading with Olymp Trade every day.
Like most of the top brokers, Olymp Trade has a web-based platform and apps available for iPhone and Android. They have over 75 different underlying assets that you can trade with.
Demo accounts are available if you'd like to test-drive the Olymp Trade platform. This broker has a variety of educational resources available to their clients including trading strategies, webinars, and more.
Owned by a company called Binary Group LTD and founded in , this broker is one of the oldest and most respected names in the binary options trading industry with over 1 million registered users worldwide..
You have the option of trading all major indices, commodities, currencies, and synthetic indices with expiry times ranging from 10 seconds to days.
With their simple interface, you can execute a whole trade in just a matter of seconds. To ensure trader safety, all capital deposited goes into a segregated bank account and held in a secure financial institution.
Although Binary. Note: Binary. Binomo is a binary options broker with a high-end trading platform with the ability to trade binary options, CFDs, Forex, and cryptocurrency.
Binomo is based out of St. Binomo doesn't offer as many assets to trade compared to other brokers. Overall, Binomo is a good binary trading platform but has limited assets compared to other brokers.
When 24Option was established in , they were primarly just a binary option platform. However, the company has shifted its focus to offering Forex and CFDs.
Advanced traders will be happy to know that 24Option has the MetaTrader4 platform, which is very popular for its charting functionality and financial analysis tools.
MT4 offers immediate order execution and accurate pricing in real-time. All account types get leverage up to The basic level comes with floating spreads as low as 2.
Platform also includes Stop Loss and Take Profit features to help minimize losses and maximize returns. Overall, 24Option is a good broker if you're looking for an advanced trading platform with CFD and Forex trading.
Finmax has an asset index of over 70 markets, as well as a favorable trading conditions such as instant order execution, no spreads, a free demo without limits, and 48 hour withdrawals.
The Finmax trading software has a variety of expiry times, ranging from 30 seconds to 6 months. Finmax is one of the few brokers in the industry that have developed their own software for trading binary options, rather than relying on third party platforms such as SpotOption or TechFinancials.
Established in and based out of Cyprus, Ayrex is one of the few unregulated brokers that exist in the industry.
Ayrex offers binary option contracts on over 30 different underlying assets. Ayrex is an unregulated broker, but they've already applied for licensing from the CySEC Cyprus Securities and Exchange Commission , which has yet been granted.
Ayrex specializes in short-term contracts with an expiry time as little as 30 seconds. Their customer support team is also very helpful as well.
Overall, Ayrex might be suitable for some investors, but their small asset selection and lack of regulation should make traders hesitant.
If you do decide to use Ayrex, make sure to take advantage of their free trading account so that you can practice trading binary options before depositing real money.
Nadex is a United States based binary options exchange located in Chicago, Illinois. Nadex offers trading platforms that allow you to take positions on short-term price movements in a variety of markets.
You can choose between binary options, touch bracket, and call spread contracts. Due to regulatory rules set forth by the CFTC, the money you deposit must be held in segregated bank accounts to ensure your funds are safe and secure.
The Nadex Trader Platform lets you place orders directly to the exchange using their proprietary software.
You can filter over 5, contracts daily by asset class, expiry time, and price. However, there is no settlement fee if your binary options trade expires "outside the money".
When you're choosing a binary broker, you should consider certain factors before you commit.