biggernbetter
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I'm looking at setting up an account for binary betting and would like to know the maximum and minimum stake you can place with various companies. Also, are there any limits on account sizes? 
Maximum Stake size?
- Thread starter biggernbetter
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England765
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Min of £1 per point with binexx.com.
They are an exchange, so no manual processing or rejecting of bets.
They are an exchange, so no manual processing or rejecting of bets.
England765
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Bintrader said:
Fair point, £100 in one lump at market is a struggle. But you actually get close on bb without any rejections / hanging around to see if you are rejected? If I'm looking to do size on binexx I can normally get 40 or 50 quid done paying slightly more than the market price. Horses for courses....
Limits on size in Binary Markets
IG and BB will automatically take orders up to £30
beyond that they need to approve manually
I used to do good size with them up to £200,
at the very beginning but now i get rejections when i try £100
when i call them they say they'll do 50 and i can do another 50 once they've repriced !!!
IG and BB will automatically take orders up to £30
beyond that they need to approve manually
I used to do good size with them up to £200,
at the very beginning but now i get rejections when i try £100
when i call them they say they'll do 50 and i can do another 50 once they've repriced !!!
Well they are not better. If you have an IG account that is on auto (and you will know if you don't), then IG have instant fills and a narrower spread. The only problem is if you scalp in and out and turn big profits they will slow your trades down. As other post have mentioned, we can't see how Binexx can survive, there turnover does appear to be big enough. Binex now have 12.5 range bets on the ftse - is this a joke or what?
I've used both binexx and bb. Both can be irritating, especially the small size on binexx. Generally easier to deal large on bb, I found they were only eye-balling bargains above £10/pt.
At end of day I decided to keep going, sometimes you can't get a fill and lose accordingly, but this is just a further cost of trading, best not to get too upset, keep a positive mind set, and move onto the next trade.
At end of day I decided to keep going, sometimes you can't get a fill and lose accordingly, but this is just a further cost of trading, best not to get too upset, keep a positive mind set, and move onto the next trade.
England765
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rav700 said:
Both have pros / cons but on binexx:
- You can leave orders
- Bets won't get rejected (infuriating on bb/IG)
- site more reliable
- you get the odd price improvement
- more client-friendly
765
