StartOptions.com and other TradeSmarter platforms

Hi everyone.

Does anyone have experience of using Smart Options . com or the other TradeSmarter platforms (e.g. MarketPunter?)

I started looking into these as alternatives to the usual Binary Options companies after finding out that marketPunter platform claims to be regulated by the Australian Securities and Investment Commission (ASIC) to provide financial product advice.

As I understand it, the TradeSmarter platforms have been providing binaries for three years but have only recently decided not to allow users to request Demo Accounts before live betting (the minimum live account bet on all their platforms is 30 USD so even though an account can be opened with 100 USD, a more realistic opening bankroll would obviously have to be substantially more).
This set alarm bells ringing but I don't want to necessarily jump to conclusions.

Any thoughts/ experiences would be very welcome. Cheers.

I just noticed your post. I trade binaries with www.optionfire.com . They are a UK based and FSA regulated broker. I use them as I had troubles with a cyprus broker who took money from me very week but didnt pay me out when i made. i like the platform as its simple. they pay me out when i make money. Having been burned by trading binary options with an unregulated broker, I will only use a regulated binary options broker from now on. the FSA regulation may be a bit weird, but I do believe it protects me. cyprus based binary options companies didnt seem to pay me out (and I read another post that I replied to of someone else who had the same problem).

This is misleading fixed odds and binary betting is not subject to regulation by the FSA , optionfire is not regulated by the FSA , the current status : " Appointed Representative " , didnt say authorised .

lol effective date 11/03/2011 ...

http://www.fsa.gov.uk/register/firmB....do?sid=261385

OK I am saying is they have made the effort to be FSA compliant, even if it is appointed by another company. Which is IMHO much better than being in either cyprus or bvi.

So what if they only got this business started in March? The parent company is years old, and quoted on AIM from what i can see.

Either way, I feel happier that they are located in London - and as the article was about not getting money back, it seems relevant.

Hi all,

This seems like a very interesting discussion.

I have been trading financial instruments for the past few years. First it was forex and then it was binary options.I have now been with binary options and pair trading for the past year or so.

More recently, I got started with pair options trading. Basically, with pair options you are trading with stock pairs and which stock to be the better performer.

What grabbed my interest with pair options is the high return rates and the simplicity of trading.

pair trader

I never heard about pair options. Is it Binary? Is it a pair trading classic strategy?

from what i can see thesenew forex option companies,the spreads are not as good as using someone like igs ladder options.

Pair Options are a new trading instrument that are binary. You choose which stock within a given stock pair you expect to be the better performer at expiry.

Go on any search engine and type PAIR OPTIONS and you will find more info.

They are said to be a very advanced, but simple form of trading.

Any more questions let me know?