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IG Markets specialises in financial derivatives, principally Contracts for Difference (CFDs) on shares and indices, as well as being a leading dealer in margined Foreign Exchange. Our clients include brokers, fund managers and trading companies as well as private investors. IG Markets is part of the IG Group, a UK FTSE 250 member with over 75,000 active clients worldwide. The group has offices in Singapore, Chicago, Dusseldorf, Paris, Madrid, Milan, Tokyo and Stockholm.
IG Markets Broker’s Interview –
1. IG Index, do you offer binary options? If not, why not?
We have been dealing in options for well over 20 years. We invented financial binary betting in 2002 – this is basically the same as a binary option.
2. How would you describe the traders that use your platform?
Options tend to appeal to a slightly more experienced client and trading the various options available on the US indices is probably the most popular but with the continued volatility in forex this is another popular area. We offer one week and two week options on FX in addition to the more traditional monthly expiries.
3. What do you offer traders that none of the other platforms offer?
We do lots of options – I think most of our competition don’t even bother.
4. Do you have any options trading strategy tips to offer our readers?
We can’t really offer tips but our clients tend to look at strategies that don’t involve just buying a call or put. Volatility plays, ahead of major events such as US non farm payrolls tend to popular such as buying straddles on indices and Forex.
5. Where do you see yourselves in 2 years?
At the moment IG group is around the 150th biggest company quoted on the London Stock Exchange. We are the market leader here in the UK and we would expect to continue to grow over the years to come.
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The Binary Options Game contains 15 rows, each labeled with either a currency pair or an asset. You can see these under "TRADE" . Next to each pair or asset you can see its real-time rate or price.
The real-time rates will continually change over time, and your goal is to predict if on the exact moment shown on the top-right as "Results Date" . the rate will be less (1 - DOWN) . more (2 - UP) or stay within the shown range (X - WITHIN RANGE) . than the current rate.
So, if you think the closing rate will be lower than it is currently, you will select ()1 - DOWN) . just like you would in traditional toto football games.
Similarly, if you believe the closing rate will be higher than the current rate, you will choose (2 - UP) for that particular pair or asset.
If you think that the rate will stay within the shown range, that means it will move a certain number of pips to either direction (pips are 0.0001 of the entire value), you will select (X - RANGE)
As you go down the list, filling in your predictions, you will be able to see your chosen action (1, X, 2) to the right under "SELECTION".
Once you have selected all 15 predictions you will be able to submit your form by clicking the SUBMIT button. Each user is allowed only one entry per game. From that point until closing time, you will be able to login to the website at any time and see exactly how many of your predictions are currently accurate.
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777Binary is the website of online binary option trading broker 777 binary. It’s a new broker for binary option online trading, which has made a name for itself. 777 Binary also uses the SpotOption trading platform that most of the online brokers of binary options trading provide. The broker provides binary options in different asset class like stocks, currency, commodities etc. Like other Binary option brokers 777 Binary also provides its client with binary options, where predetermined profits can range from 68%-75% of the total amount invested by them. 777 Binary also provides education material in binary option, though not in huge volume but significant enough for anyone trying to get knowledge about binary options. The broker also provides trading in binary options which are a combination of two different assets also known as pair trading in binary option, where the relative price difference is used to determine the price of the Binary option.
Starting Up at 777 Binary
The starting up process and account opening is fairly simplified and uncomplicated at 777 binary. Users also have the option of creating a Demo account first and evaluate his trading capabilities before proceeding to trade with real money. A user has to first visit 777binary and go the ‘Open trading Account’ page where an online form is available. The user has to fill the form by providing all the necessary details accurately. Once the form has been filled user Clicks submit. 777 Binary will send an email to the user’s email account for verification. A user has to open their email and click on the link provided by 777binary and their registration process will be done. Now they need to choose the trading option and pay deposit money by first submitting documents which include – Photo ID card, a proof of address that may be a utility bill, a copy of the credit card front and back side which will be used for making transaction The users can deposit as low as $200 in their account to start trading on any one of the different platform – binary option, option builder, one touch or 60 seconds.
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777 Binary provides the best features in the class, when it comes to online trading in Binary options. The broker uses SpotOption platform similar to other reliable brokers as it being the best platform for trading binary option. 777 Binary also helps its users to minimize their losses as when a clients trade has gone against him by being off-target 777 binary retains a part of the original investment in that trade which can be between 5 % – 10 % determined on a case to case basis.
One of the best benefits of trading with 777 binary is that it provides charts with Technical analysis features. It is rare for option trading broking providers and specially those providing binary options trading to provide charts that have charts and customizable tools that can help a trader in making an informed decision while taking a trade. The deposit and withdrawal facility at 777 binary options is also good as a user has an option to pay either through their Visa, MasterCard, American Diner etc. Credit cards or through wire transfers which is easy and convenient.
Pros of 777 Binary –
Provides a superior trading platform
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82 assets to choose from
Cons of 777 Binary –
No Mobile based trading platform
Minimum deposit is $200 instead of regular $100
The demo account page doesn’t work sometime.
Why choose 777 Binary?
If you are a proficient trader looking for a trading platform that apart from having charting facilities also provides you with technical Indicators to make the right trade then 777 binary is a place for you to open a trading account. Many binary option brokers provide charts but mostly none of them have technical indicators which makes 777 Binary platform as you don’t need to spend extra money on a charting software and ‘Data feed’ provider to get the data. The account creation, withdrawal features are good when compared to average brokers. The bonus provided on the site after Joining is comparable to any other broker. The glossary at 777 is well written and clears basic doubts. 777 binary be a right place for experienced binary option traders as they may find its charting tools beneficial.
Money management is the management of money that you are defending against any losses that you may have incurred. Traders who use binary options trading strategy are the ones who invest carefully and are good money managers. They gain so much of expertise that if they incur losses they are to the minimum.
Traders who want to achieve success in the field of trading have to have the art of money management under their control. Money management in the binary option trading strategy helps you to get financial freedom also. Under the binary options trading strategy, money management trading is of utmost importance since the amount of money invested in this trade takes first place, and the money that any trader is ready to lose would take the second place.
Whoever trades should be prepared to either earn or lose, thus the trader who trades in binary options should be prepared with the ways of dealing with them. Money management is that percentage of capital that you are ready to risk while you are trading, and managing risks. A stop loss is the term used to show the amount that you are ready to forgo if the market trends are reverse. If the trader monitors and observes this stop loss closely, one can easily maximize profits and cut losses.
After a certain period of time of trading, the trader should finalize the point of taking the profits and should think of quitting the trade. This figure of profit that needs to be taken away would be calculated technically or would be based on the market fluctuation. The trader should stop trading when he feels that trading with those binary options would give him more losses than gains, thus there should be no element of doubt. Binary options is an online trading, whereby traders are able to make money, and you could trade for as less a time as 20 minutes or as long as for 24 hours.
The binary options way of trading are generally of short term and bears less risk. Money management thus forms an integral part of the binary option trading strategy.
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Binary options trading is a new system of trading in which the traders invest money for short term benefits. They speculate the price an asset and earn profit. Binary options traders spend wisely and they have to speculate as per the market behavior and conditions. If their guessing is correct they easily make more money from their investment. Binary options trading investors have often used “volume ” as the price indicator. Volume. technically deals with measurement of supply and demand.
This helps in understanding the price movement of the asset clearly. While some uses graphs and identify one axis as price and the other time, some hold one axis as volume and the other as time. This plotting gives accurate result and helps the binary options traders to calculate about the asset price properly. Volume is therefore identified a key tool that helps in price analyses according to the time movement or day spent. In the binary options trading volume is identified as a potential price indicator.
Volume means a complete analysis from all three perspectives hence this gives more accurate figures than it can be provided by any other analyzing tool. Traders use different type of analyzing report, study materials, charts and discussion to understand the price movement. Today we have online trading system, which is easy and comfortable. But if you fail to use it properly and analyze incorrectly then you will loose more than you have invested. Hence learn the money making tricks as quickly as possible and leave a happy life.
Life is uncertain and all salaried people wish to earn more. These binary options have made this dream possible. These are short term investing avenues through which the investor can earn more. The process is simple, as an investor you have invest and speculate price of an asset. It your speculation matches with the market price, you will get the money. But to understand the market behavior properly you must have proper calculating power and knowledge about the price of the asset initially.
With thorough knowledge about the price behavior and its nature of fluctuation, you can guess correct pricing and earn more than what you have spent.
GOptions is a binary options website which has the distinction of being located in the UK. Most binary options brokers are located in Cyprus, so this may be a standout feature to customers who are also located in the UK. GOptions does accept customers from the USA as well. While they have been around for three years, they do not seem to be very well known, which at this point is something we would say is a drawback. They do have some nice features however and may be worthy of your consideration, especially if you have a lot of money to invest.
Official Website: http:// goptions/
Headquarters: London, United Kingdom
Phone Number: +44 203 608 1331
USA Traders Allowed Not Allowed – SpotOption regulated all white labels must not accept US traders 9/14/15
Trading Platform: SpotOption
Is GOptions a Scam? Or is Go Options Legit?
We are comfortable saying GOptions is not a scam. GOptions was started with a mission of providing transparency, honesty and integrity to the wild west of binary options trading. While they are not a regulated binary options broker; but at this point that is pretty much the norm for most brokers. It is comforting though that the business is located in London. On their “About” page – GOptions provides a mailing address and a clear map to their offices, which seems to imply you could actually go and visit them and talk to someone in person if you wanted to. This is a sign of respectability which is quite rare. Many companies conceal their street addresses.
It would be nice however if there were more information available on this broker online. We noticed that there are problems with some of their web pages not loading well. While site errors do not on their own imply that a company is not trustworthy, they do make us wonder where their priorities are. There are also informational gaps on the website. You can find all the information you could want on GOptions, but a lot of it isn’t directly on the site.
GOptions has a relatively high minimum withdrawal limit, as you will see below. Normally this would be a cause for concern, but since their services appear to be aimed mostly at customers with larger accounts, it doesn’t seem as significant as it normally would.
Deposit Information
Deposit Currencies: British Pounds, US Dollars, Euros
Known For Lightning Fast “Near Instant Withdrawals”
The process to open an account with GOptions is easy and straight forward. Just fill in the blanks.
The minimum withdrawal is an annoyance, particularly given that it matches the minimum deposit. The fact that they are willing to take as little as $100 for a new account is great, but think about it. If you lose a single trade, you would have to win back your money before you could withdraw the rest of your money. That’s not a great way to get started trading. That is why we suggest that despite the convenience of the $100 deposit, you consider depositing at least $200, if not $500. Trade conservatively and you should be all right.
If you are someone with a lot of money to put in your account, GOptions may actually be an ideal choice. This company has some excellent account services available for customers who deposit $10,000 or more. And at that level, you don’t have to worry too much about that minimum withdrawal limit. (Don’t be concerned if you aren’t ready to trade big – check out where minimum trades are accepted here )
GOptions Bonus Information
GOptions offers some attractive bonuses to new customers. The more money you deposit to open an account, the higher the bonus. These are leverage based bonuses, not cash bonuses, and you have to turn over the amount of the bonus 40 times in order to claim the money as cash. The largest bonus is 100% on a deposit ranging from $10,000 to $250,000. That is incredibly substantial. You can receive another bonus each time you make a redeposit of equal value to your first deposit. The lowest bonus is 25% for deposits ranging from $100-$499. There are also referral bonuses if you can send new customers to GOptions.
Types of Options and Payouts Available:
High/Low, Options Builder, One Touch, 60 Seconds
Maximum payout per trade: 85%
Average out of money reward: 0-10% (per losing month, not per trade)
Trading Features at GOptions
GOptions is a SpotOption-powered trading website. You probably already know how to use SpotOption if you have traded with another binary options broker. It is by far the most common trading platform out there, and it’s very easy to use. Check out other platforms
Educational resources include a glossary, FAQ, blog about trading, and free trading charts. The free charts are a unique and interesting resource for traders that most sites do not offer. Daily and weekly market reviews are available for traders who use fundamental analysis.
Rollover is available if you want to stay in your trade past its original expiry period and potentially earn more money. Early closure is also offered if you want to get out of a trade early to cut your losses (or avoid incurring a loss).
Other benefits are available if you have a large account, like personal account management, Skype chat on a private line if you need assistance with your trading, weekly training in fundamental and technical analysis and general trading strategies, trade alerts, and more.
Practice makes perfect and the opportunity for a FREE PRACTICE is always win/win! Check this out with GOptions
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BINARY VS BINARY: COMPARISON OF THE LEADING BINARY OPTIONS BROKERS
Welcome to Binary vs Binary, the leading resource on the web for comparing brokers in the binary options industry. We aim to provide a service that informs readers of the pros and cons of various service providers, and we aim to do so in a neutral, unbiased way.
In preparing our comparisons, we specified a series of criteria upon which to assess the different service providers – these are the criteria that we believe should be most important to all investors, but you are encouraged to think about which criteria are most important to you as an individual. A brief summary of each of the criterion is presented below:
It is important to consider the length of time that each service provider has been operating for. The number of years of operation provides an indication of how well-established a service provider is, how much time it has had to secure the various regulatory approvals, how experienced its management team is, and how extensive (and accurate) the online reviews about the service provider are likely to be.
Platform and Technology
Of course, one cannot partake in any form of online binary trading without a platform and underlying technology that facilitates the execution and management of actual trades. For this reason we place a heavy importance on the platforms that various service providers offer. A weak platform can hurt the overall experience offered by an otherwise first class service provider; similarly, a strong platform can offset weaknesses in other areas of a service provider’s offerings.
The range of assets available to you as an investor should be a key consideration when selecting a service provider. Most service providers offer some combination of stocks, currency pairs, commodities and indices, but the volume and exact list of assets varies widely between service providers. We evaluate each of them according to the variety of assets on offer.
Although technology is important, options trading is at the end of the day an activity that requires substantial input from people. For this reason, we place a heavy emphasis on the quality of support that is delivered by a service provider. We look at things like the reachability of support staff, the dedication of those support staff in helping clients to resolve issues, and the range of languages spoken fluently by support staff.
It is increasingly common practice in the options industry for traders to be awarded bonuses on initial deposits. The frequency and size of these bonuses, however, tend to vary from provider to provider. We therefor include bonuses as a criterion on which we evaluate the service providers.
Training and Education
Success in the markets requires a combination of skills, luck and talent. In order to develop skills, investors need access to quality learning materials that can teach them various trading concepts and strategies. We evaluate the service providers on the quality of their educational offerings.
Conclusion
For each comparison, we conclude by tallying up the performance of service providers across all criteria in order to determine which of the two service providers being compared is superior. Readers should not take these final assessments to be definitive judgments – after all, service providers continually update their offerings for the sake of becoming more competitive – but our hope is that they will provide some useful guidance for making a final selection.
Improve your binary options trading style by learning and implementing the moving averages strategy. We’ve already talked about chart patterns and what their significance to technical analysis is. However, it’s really important to clear out that in most cases things aren’t as clear as in the examples we’ve presented. In many cases there are lots of price fluctuations and different movements, making it notoriously difficult for an analyst to deduce the correct trend of an asset every single time.
Types of Moving Averages
There are many types of moving averages, but three of them are the most popular, commonly known and most widely used. These three types are simple, linear and exponential. There may be differences in the way the average is calculated, but the interpretations remain the same. Most of the variables come from the fact that there is different emphasis put on different data points. In some cases more emphasis is placed on recent movements, while in other instances the price fluctuations of the whole period of equal importance.
Simple Moving Average (SMA)
As the name suggests, the simple moving average (SMA) is one of the simplest methods to calculate the moving average. As such, it is also very popular and commonly used by many traders and analysts. The method is as simple as they get – in order to calculate a moving average using this method, one needs to take the sum of all the closing prices of the certain period and then divide it by the number of prices taken. To make this more clear, here’s an example. Let’s say we want to calculate the moving average for a 10-day period. In this case, we take the closing price of all 10 days, sum them together and divide them by 10. This way the strength of the trends can be measured and become more apparent. With all the illusions removed, the trader can make sound choices concerning his finances and not be worried about the outcome. Look at the example below and everything will make sense.
A large number of analysts and traders speculate that the data presented by the SMA is not detailed and relevant enough to be taken seriously. For them, recent price movements are much more essential and they believe that this aspect of the price movement should be given the proper attention and weight. Since simple moving average takes everything into consideration with the same importance, it’s easy to see why this argument would be held. Certainly, for many traders, recent movements are much more important and if that is not reflected in the average, they feel the average, itself, is not accurate enough. This is what lead to the creation of other methods of calculating the averages.
Linear Weighted Average (LWA)
Some experts strongly believe that the SMA isn’t adequate enough to serve their needs, which is why they look elsewhere for reassurance. Where SMA is lacking in respect of relevance for these traders, linear weighted average more than makes up for. The problem is solved by adding more emphasis on more recent data. This is done by introducing more complicated calculations. Instead of simply taking the closing prices, exerts instead take the closing prices for a period of time, then multiply the closing price based on its place in the chronological progression.
For example, if we have a three day linear weighted average, then every day would be a data point, in which case we take the different closing prices and multiply them by the place of the data point. The first day’s closing price will then be multiplied by one, the second by two and the third by three. Then all the values are summed up and divided by the sum of multipliers (in this case it would be 3+2+1=6), essentially giving us the average with more emphasis on the third day than the first. Of course, if we were to choose a longer time window, the rules would apply all the same and it would not matter how many days we’ve picked. This is the basis of the principle.
Exponential Moving Averages (EMA)
Like LWA, EMA strives to put more emphasis on the more recent prices in the time frame. However, it does so in a bit more complicated and perhaps more refined manner, unlike the rudimentary nature of the LWA. To many the exponential moving average is much more efficient and preferred. In most cases you don’t even have to know how the different calculations are performed because the data is laid down for you in most charting packages, meaning that you won’t have to compute the averages, yourself. Everything you require is laid down before you and all you need to do is make sense of it (which can sometimes be a bit harder than it looks).
As a more advanced technique, EMA is used much more frequently used than LWA. Even though it has its critics, SMA is still very popular, leaving the LWA as the most rarely used of the trio. EMA is much more sensitive to new information than the SMA is. This is one of the reasons why it is preferred to the much simpler alternatives – because it delivers satisfactory enough information to many of the traders who employ technical analysis. If you take a look at the same chart from two different perspectives – that of the SMA and that of EMA, you will notice that as the different values rise and fall, the EMA corrects itself much faster than its simpler counterpart. The differences may be subtle, but they can be important enough to influence decisions in different ways.
Major Uses of Moving Averages
As we’ve already said before, moving averages are used to dispel any illusions and deceptive factors in the data. This means that their primary objective is to assist technical analysts and traders to more easily identify trends and make decisions based on a more general data. Sometimes the information in the short-term can lead us to believe that the market conditions are different form what they actually are and moving averages help us to deal with possible misconceptions. They also help us to set up the levels of support and resistance, which are important as well, if you remember.
It’s easy to identify a trend based on the direction of a moving average. If a moving average is going up and the price is above it, then we are talking about a definite uptrend. If, however, the moving average is going down and the price movements are below it, we can clearly see a downtrend.
Another way we can determine a movement in a trend is to have a look at the relationship between two moving averages. If we have a long-term average below a short-term one, then we are talking about an uptrend. If the short-term average is below the long-term average, then we are witnessing a downtrend.
Moving averages can also help us spot trend reversals. There are two main signals for a trend reversal, both of them characterized as crossovers. The first one is when we have a crossover between the moving average and the price. If that should happen, then we are possibly talking about a trend reversal. This is just a signal, of course, which means that this isn’t the case 100% of the time. However, the signal is strong enough and accurate in enough cases as to require caution. If there is indeed a change in the trend, it will be reflected in the moving average shortly.
The other signal is the crossover between two moving averages. If we see this, then we can almost always be sure that there will be a trend reversal. If the moving averages are both short-term, then we might be talking about short-term trend reversal. Logically, enough, if we see a crossover between two long-term moving averages, then this definitely speaks of long-term trend reversal.
Just as crossovers are used to signal a trend reversal, moving averages can be used as a tool to determine the support or resistance levels. Long-term moving averages are especially useful in this respect. There many cases when the price of a security would go down until it reaches the moving average, and then go back up. In this case, the moving average serves as a level of support. We know that the price will probably not break it and if it does, this signals of a trend so we will be prepared and will know what to do based on the current status of market.
Moving averages are very useful for technical analysts and help them clear out the “noise” and irrelevant (or less relevant) data they don’t really want to pay attention to. They can help predict or confirm trends and give us a nice overview of the situation on the market.
A binary option is a financial instrument that pays out a predetermined sum upon a successful expiration. Click on the tabs below to find out more …
A binary pairs option enables the trader to invest in one of two assets out-performing the other.
Much like a regular binary option trade, only setting the expiry time for the following week, month or even year.
With one minute options, you can open and close trades in as little as 60 seconds.
A one-touch option provides a payout once the asset value reaches or surpasses a predetermined rate.
An option that is successful once the asset reaches over or under predetermined price levels. Use it to learn from the veterans and profit from their experience.
A binary option on Forex pairs is successful once the asset reaches its take-profit value but is closed out if it reaches the stop-loss value.
The social trading tab enables the user to follow and copy another trader’s investment. Use it to learn from the veterans and profit from their experience.
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Binary options are a relatively new investment vehicle. However, they have become incredibly sought-after and continue to grow in popularity, and for good reason. The reality is that binary options offer incredibly high returns over a short period of time, making for an exciting investing environment.
If you’re interested in trading binary options, it’s important that you understand exactly what they are, as well as the pros and cons associated with trading. Today we’ll go over binary options in detail, to help you understand exactly what this trading vehicle is.
What Are Binary Options?
Binary options are unique in the sense that when trading, you’re not purchasing any assets. This means that no shares or commodities are actually changing hands. Instead, binary options traders make predictions with regard to whether the value of a financial asset is likely to rise or fall. If these predictions are correct, the trader has the ability to earn exceptional gains. If the predictions are incorrect, the trader will realize a loss.
Binary Options Pros & Cons
As with any other form of investing vehicle, binary options come with their own pros and cons. Here’s what you can expect when trading binary options…
Binary Options Pros
Little Money Needed To Get Started – One thing that stops many prospective investors from ever getting started is the high minimum sum associated with most investment vehicles. However, that’s not the case in the world of binary options. In fact, traders can get started with an investment as small as a couple of hundred dollars!
High Returns – This is what tends to attract the most traders. When trading stocks, commodities, and other financial assets, a good return can be 10% over the course of months. However, when trading binary options, return rates are generally around 80% and it doesn’t take a month to earn these returns. In fact, binary options trades can yield high returns over the course of a few minutes.
Fast Paced Trading – Let’s face it, when it comes to investing, we’re talking about a topic that many people consider very boring. However, that’s not the case here. By their very nature, binary options are a fast-paced investment vehicle in which most trades usually expire within a few hours. As a result, most people consider binary options to be the most exciting way to trade!
Simple Risk Management – When trading binary options, the trader knows exactly how much money they can earn and how much money they can lose before making the trade. This knowledge makes risk management an incredibly simple process for binary options traders.
Binary Options Cons
Fast Pace = High Risk – While the fast-paced environment associated with trading binary options makes this a very exciting investment vehicle, it also increases the risk. With such short expiry times, it becomes more difficult to make profitable predictions.
Regulation – As mentioned above, binary options trading is a relatively new investment vehicle. As a result, there is still questionable regulation in many areas, and most brokers simply aren’t regulated. So, if you decide to trade binary options, it’s important that you choose to work with a regulated broker. It may take some time to find regulated brokers, but the protection is well worth the effort.
Final Thoughts
If you’re interested in binary trading financial assets. you’re likely to be pleasantly surprised by the gains you realize when doing so. However, it’s important to remember that the fast-paced environment does add to risk. So, before trading, do a bit of research on risk management strategies.
All in all, there are far more pros than cons associated with binary options. With a bit of research, this could become the perfect investment vehicle for you!
