Beginner binary options

This is a discussion on Beginner binary options within the Fixed Odds & Binary Betting forums, part of the Markets category; Morning all, I appreciate this is a fairly broad questions but I would like to know where to look for ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Jun 3, 2014, 11:30am   #1
 
7 Posts
Joined Jan 2014
Beginner binary options

Morning all,

I appreciate this is a fairly broad questions but I would like to know where to look for sound advice on trading binary options?

I am a complete novice to day trading and would like to find out more about this particular type of trading. Specifically I would like to find out how it compares to CFD's and spread-betting.

I'm fully aware of the risk associated with trading options and intend to develop a sound strategy well before trading a single penny of my money.

Any help you can provide is greatly appreciated!

Jim
jimmydean is offline   Reply With Quote
Old Jun 23, 2014, 8:57pm   #2
Joined Jun 2014
Hi
It is good website . i like the Materials .
Cheers
Abdul2012 is offline   Reply With Quote
Old Jun 25, 2014, 9:44pm   #3
Joined Feb 2008
first try demo then go with minimum deposit account if successful then increase the size of your trades
sineater79 is offline   Reply With Quote
Old Jun 25, 2014, 11:34pm   #4
Joined Apr 2014
Quote:
Originally Posted by jimmydean View Post
Morning all,

I appreciate this is a fairly broad questions but I would like to know where to look for sound advice on trading binary options?

I am a complete novice to day trading and would like to find out more about this particular type of trading. Specifically I would like to find out how it compares to CFD's and spread-betting.

I'm fully aware of the risk associated with trading options and intend to develop a sound strategy well before trading a single penny of my money.

Any help you can provide is greatly appreciated!

Jim
Hi, Jim,

If you are really committed to only trading commodities-based and forex-based BINARY options, may I suggest you look in detail - at the NADEX website?

Many offshore firms profit from matching losing clients against winning clients orders. In addition there are tons of reports/reviews on the internet and YouTube of binary options brokers that change the expiry pricing/mechanism - esp on bigger trade sizes. There are scary anecdotes of problems withdrawing funds, etc.

NADEX is regulated, transparent, and holds segregated accounts. In addition its returns on binary options are far better than many of the offshore binary options firms.

Funding/banking transactions for deposits and withdrawals are precise, straight forward, and promptly executed (if withdrawing funds).

NADEX pricing is transparent - and liquidity is very good for most forex binaries, index binaries, and commodities binary options.

There is a large inventory of NADEX video tutorials at their website. In addition APEX Investing also has produced excellent NADEX webinars in YouTube.

I recommend that you do your due diligence and at least really give NADEX a strong consideration if you are committed to trading only BINARY options.

Btw - I am not affiliated nor compensated in any manner by NADEX. However I am able to recognize a more "fair" playing field for the retail trader in NADEX vs offshore binary brokers.

Best of luck!

WklyOptions
WklyOptions is offline   Reply With Quote
Old Jun 26, 2014, 11:07am   #5
Joined Feb 2008
NADEX is for US residents only .
sineater79 is offline   Reply With Quote
Old Jun 26, 2014, 4:35pm   #6
BOP
Joined Dec 2012
Quote:
Originally Posted by sineater79 View Post
NADEX is for US residents only .
This is correct. Check out their T+C's

"To open an account with Nadex, you must be a U.S. resident with a permanent U.S. residential address, maintain a U.S. bank account and have a valid Social Security Number."

There are plenty of good brokers out there that are regulated which you can use with little problem. Try looking at someone like 24Option- http://www.binaryoptionsinvestor.net/24option-review/

I'm sure you will find plenty of people to chip with their vies as and you will always find good and bad reviews of every company.

From experience they have always been a fairly decent operation, have a good platform and returns and have been in industry for a long while.
BOP is offline Commercial web site   Reply With Quote
Old Jul 27, 2014, 12:38pm   #7
Joined Jun 2014
Although getting a U.S. address with bank account isnt that hard. P.O. box can be purchased by anyone. Depends on what info they require.
jotekfinance is offline   Reply With Quote
Old Mar 15, 2016, 10:08am   #8
Joined Feb 2016
Quote:
Originally Posted by sineater79 View Post
first try demo then go with minimum deposit account if successful then increase the size of your trades
Demo accounts should be duly practiced before going live and starting with minimum is a good amount to check the brokers internal processes as well.
progix is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Binary Options jamerobet6 Trading Systems 0 Jul 28, 2013 2:36pm
Binary options/smart options with bonuses UrosJ Fixed Odds & Binary Betting 15 Jun 28, 2013 2:43pm
Binary Options Analysis - Binary Options Report (Aug 8- Aug 12) SamTrader1 Forex 0 Aug 14, 2011 9:23am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)