Top Binary Options Broker 2020!
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IQ Option are a leading online broker offering binary options, CFDs, cryptocurrency and forex trading. Our detailed review includes a full run down of the trading platform, review of the mobile app, plus info on how to use the demo account effectively and tips on strategy and options. Join millions of other traders and login today.
To provide clients with access to financial markets and online trading, IQ option developed their own bespoke trading platform and range of instruments. The interface and features of the platform are not what most binary traders are used too, as it is modelled on the more advanced systems used by the spot forex trading industry.
The IQ Option software includes tools such as stop losses, and take profit levels – features not available at ‘standard’ binary operators.
To add trader risk management and trading strategy choices, the firm also created a ‘Position top-up’ feature. This is a mechanism which allows trades to be kept open beyond the stop loss.
The strike price and trading buttons are clear and intuitive, as are the price graphs and charts. Navigation is simple, traders can easily switch between assets and markets. On top of that, the whole layout is configurable and customisable – so traders can move multiple graphs or analysis tools where they like in order to suit their trading strategy.
The customisable elements do make this one of the best trading platforms in the industry.
The platform is available as a web-based hub, or alternatively, traders can download a version for either PC or Mac. The download is fractionally quicker. There is also the mobile platform. All the platforms are reliable, but the PC download has the quickest trade execution times.
At present, there is no Metatrader 4 (mt4) integration.
It is clear then, that the software is one of the most sophisticated trading platforms around in the binary industry, particularly the over the counter (OTC) brokers.
The website is available 24/7 so there are no ‘opening times’. Assets will only be available to trade when the relevant market is open, however. So many forex pairs are traded around the clock during the week, but US stocks can only be traded when the NYSE is trading.
Apart from having a refreshing user interface, the trading platform allows traders to change the view of their chart from a choice of four different layouts:
The timescale for the bar and candlestick charts can be chosen from an impressive 18 different intervals – and multiple graphs can be used, in order to confirm trends over more than one time frame.
Top Binary Options Broker 2020!
Best Choice For Beginners!
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In addition, there are also various other tools such as a line drawing tool which traders can use to plot their own trends on the live charts. The latest updates also added a wealth of technical analysis features too. Multiple indicators such as Bollinger bands, moving averages or relative strength index (RSI) can be laid over the chart. Nearly 20 different indicators are available.
The charting enables active traders to use price action patterns to spot opportunities across different time frames, making correct prediction more likely.
Perhaps one of the most useful features about the trading platform is the ability for traders to make multiple trades on the same graph. This is especially useful when you want to employ more sophisticated trading strategies or trade signals. Turbo and Martingale strategies are easier to implement when you can monitor open positions on the same chart.
Trade size ranges from just $1, up to a maximum investment of $10,000 on the classic options.
Forex And Crypto Products
The newer products such as forex and cryptocurrency trading display slightly different options based on the market being traded. For example, the forex trades will bring up leverage and stop loss features. Assets such as Bitcoin or Ethereum, traded via contracts for difference, do not have an expiry time. They do however, have a stop loss and take profit feature. The new forex offering also makes weekend trading possible.
The look and feel remains the same throughout the trading range however, and all the relevant information is available to the trader. So a trader used to binaries can still feel at home if they want to trade forex.
The IQ Option mobile trading app follows the development of the bespoke trading platform, and delivers a seamless mobile user experience. The trading area looks the sam, and the screen, buttons and ‘look and feel’ match those of the full website, or desktop download.
The mobile application has been delivered as a tailored product for each operating system, so the IQ Option Android app, has been developed solely for android devices. Likewise, the iOS app has been written with the iPhone or iPad in mind, and ensures it gets the most out of those devices. It is the sort of attention to detail that IQ are becoming known for.
Apple’s recent changes regarding binary related applications have been swiftly dealt with by IQ Option. They have redeveloped the iOS version to adhere to the new rules. Their ability to adapt to the changing investing landscape is reassuring. The new version includes forex and CFD trading – and cryptocurrency trades will also be available once released.
There is also an ‘IQ Option for Windows’ version, as well as the android and iOS versions. The download buttons below will take you straight to Google Play or the App Store, and the most up to date version of the mobile trading app:
Download the IQ Option App
Below is an IQ Option demo video. It is a full demonstration of all the developments added during the recent ‘platform 4.0’ upgrade. The demo includes how users can amend the trading area to suit their own needs. It shows how to check the same price chart over more than one timeframe, how to add technical analysis overlays and how all this can improve trading results.
While the video is not an out and out tutorial, it does deliver a full demo of the user experience, the new trading platform, and how it differs from other binary options broker platforms.
Trading Options (CFD, Forex and Binary)
IQ Option has consistently added to the portfolio of underlying assets. Traders are able to trade in the 4 major asset classes such as forex, commodities, equities and indices. They also respond to user demand, for example, the Cryptocurrency range is now huge.
Currency pairs are a particular strength at IQ, with some of the more exotic currencies available, including NOK, SEK and TRY. The asset list is comprehensive, so traders can deploy their winning tricks across a range of markets. Dollar, Euro, Yen and Pound sterling still dominate the majority of forex trades and produce the bulk of trading volume. EUR/USD remains the most popular pair for trading.
The firm have also added to their range of expiry times. Previously specialising in short term expiries, IQ now offer many more options – including the popular End of day expiry, and longer term End of week and End of Month. Trader choice has never been greater.
Forex and CFD trades expand the user choice even further. Foreign exchange can be traded per pip (in addition to binary trades) and CFDs can be traded with no expiry for longer term trades. The recent cryptocurrency expansion offers access to bitcoin and 6 other cryptocurrencies, via contracts for difference – meaning no expiry.
Forex multipliers are a feature that IQ Option added to provide a level of leverage. The maximum multiplier now reaches an exciting x1000 – but remember this impacts both profit and loss. So you can magnify your trade size by x1000 to take advantage of even small moves in the currency markets.
IQ Option have added FX Options to their list of products. A cross between binary options (limited expiry, limited risk) and traditional forex (profit depends on the underlying price movement), FX Options will offer EU traders an alternative to binaries. With ESMA banning binaries in the EU, IQ Option want to create a product that is similar, but does not fall foul of the ban.
The options allow traders to select their own strike price, and trade higher or lower from there. Payout %’s vary based on the price movement required for the trade to finish ‘in the money’.
As these are more like traditional options, they can be closed at any time using the ‘Sell’ price and the volatility and time left will impact the value of the trade as the expiry nears.
As a newly released product, IQ only provide hourly expiries at present. The choice is likely to expand however, if the product is successful
The screenshot above shows the possible strike levels on the right, alongside the trading buttons. The red / green bar illustrates the potential payouts and these will vary and change based on the strike price, time to expiry and the current market value.
In addition to traders having the ability to trade crypto assets using CFDs, Forex or Classic options, IQ Option also introduced a new vehicle – Cryptocurrency multiples. These trades are effectively a leveraged trade. The underlying price remains the key element, but with a multiplier, the trade is magnified. This increases the potential profit, or loss, made on any deal.
Initially, IQ only offered Bitcoin x 100. As the name suggests, it was a multiplier of 100 applied to the Bitcoin price. Increased volatility, for an already volatile asset – ideal for traders.
The product was so successful that IQ have expanded the offering. So multiples are now available on more cryptocurrencies, e.g. Ethereum (ETH), IOTA, TRON and Ripple. The multipliers range from x20 to x50 and x100 on Bitcoin. It offers another high risk / reward route for traders to profit on crypto assets.
Trading Costs (Spreads, Commission)
When comparing brokers, you need a broker that is transparent with their fees and costs. To judge what trading at IQ will cost, you need to consider:
- Spreads – The price gap between buy and sell values. This varies based on things like volatility, asset, liquidity and even hours.
- Withdrawal Fees – There are no withdrawal fees on most payment service providers. Bank transfers do have a charge of $31 (or currency equivalent).
- Commission – On cryptocurrency trades, commission of 2.9% is be levied. Other markets do not have commission at all.
- Swap Fees – Fees are charged for certain trades held overnight. They vary from 0.1% to 0.5% and are higher when left open over the weekend.
- Dormant Account Fees – Where an account is inactive for 90 days, a charge of €10 (or currency equivalent) will be made each month until the balance is zero.
Deposit & Withdrawals
Deposits can be made using a range of options – these will vary based on the user country, but popular methods include debit and credit card, e-wallets such as Skrill and Neteller and even crypto currencies via the Hodly service. Bank transfers via debit card remain the most popular option for European based traders.
IQ Option also recently introduced AstroPay to facilitate payments from regions that may have had fewer options in the past, such as Brazil, Argentina or Vietnam. In addition, IQ now also accept bank transfers from a wide range of Asian banks:
- Thailand – Bangkok Bank, Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, Bank of Ayudhya, Government Savings Bank, TMB Bank.
- Philippines – Help2Pay
- Indonesia – Central Asia, Rakyat Indonesia, CIMB Niaga, Negara Indonesia, Mandiri.
- Vietnam – Vietcombank, Bank for Investment and Development, Techcombank, Vietin Bank, Asia Commercial Bank, Sacombank, Donga Bank, Eximbank.
- Malaysia – Supported banks include: Maybank,RHB Bank, Public Bank, Hong Leong Bank, CIMB Bank, AmBank
South Africa is also supported via range of new payment methods including Perfect Money. In fact, Perfect Money caters for a huge range of regions, including South America (Argentina, Brazil and Colombia)
China Union Pay provides a payment solution for traders in China, Taiwan, Hong Kong or Macao
Deposit errors are rare, and the support desk can usually help if users encounter issues. It is safe to deposit with IQ Option.
Withdrawals can be made using the same list of methods. Verification is often required before a withdrawal method can be used, and withdrawal proof remains in the user area for the lifetime of the account for auditing etc.
The standard trading account requires just the minimum initial deposit of $10. The basic account includes all the option types, withdraw options and functionality as the higher level accounts.
The firm offer a VIP Account. In order to get a the VIP account type, a trader needs to deposit $3000 or more in one deposit. Benefits to VIP status include:
- Higher Payouts (For example, +3% on FTSE or Google trades)
- Entry to larger tournaments, with prizes up to $100,000
- Educational materials exclusive to VIP account holders.
In term of returns on investments, the standard payouts offer very competitive rates. Under the right circumstances, traders can earn up to 91% payout in the case of a successful trade. These payouts will vary based on the asset and expiry time selected. The ‘headline’ payout of 91% is among the best offered in the industry. Note the term ‘profit percentages’, does not imply guaranteed profits, simply the profit made for a single trade when it is successful.
Forex And CFD
Payouts on products such as Forex and CFD trades will depend on the performance of the underlying asset. IQ provide the sort of risk management tools you might expect when trading these tools. They include stop losses and user defined leverage (which can be set to zero). The new products move IQ Option into the leagues of major global brokers, and their offering is certainly up to that level. They even offer direct access to bitcoin and ethereum trades – which many larger brokers do not.
The spreads on foreign exchange and CFD trading are competitive too. So the costs or fees of doing business with IQ are low, and certainly on par with the larger, established online brokerages. The free practise account is a good way to experiment with other asset types, risk free.
IQ previously offered monthly promo codes for new customers as a welcome offer. These were paid as a deposit match, and the level would ‘scale’ based on the size of the initial deposit. These types of offer have been withdrawn following regulatory changes however. As a responsible regulated broker, IQ no longer offer this type of incentive. Reviews still referring to bonuses are likely to be out of date.
Is IQ Option A Scam?
IQ Option is licensed and regulated by CySEC, but they have also sought to register with other regulatory bodies (full details can be found on their website). They are a ‘legit’, reliable business. Their affiliate network all market responsibly and ensure the nature of trading is reflected accurately. They are licensed by the FCA in the UK as the regulatory landscape recently changed there.
Trading with IQ Option is legal around the world, from India to Ghana, Vietnam to the UK.
Established in mid 2020, the brand is – in our opinion here at BinaryOptions.net – one of the most reliable and innovative binary brokers in the industry. Their reputation is also enhanced by various awards that they have won from a range industry reviewers. They list their full array of awards on their website – The list of awards quoted on their website are reputable comparison sites and confirm their credibility. IQ Option is safe and not a scam.
Our user satisfaction feedback is positive for IQ – Users have few complaints and use the IQ option platform for many months and years. The forum response is also positive.
Problems of site connection (site “not working” or “not loading”) is often a local issue for the user rather than a genuine issue with the platform. Likewise ‘server down’ or similar errors are normally the client end rather than a genuine problem at IQ Option
The firm operates in a very transparent way, in order to maintain their reputation and user confidence, for example:
- Free Practise / Demo Account – This runs in parallel to the real money account and is not time restricted. IQ Option are happy for traders to hone their skills for as long as it takes, and have faith in their trading platform to maintain trader retention. A demo download is available, but traders can also simply use the full, mobile friendly, website. The demo balance can be reset by contacting the support teams.
- Offers – Deposit match bonuses have been dropped entirely due to CySec and ESMA rules. The regulator deemed this type of bonus as being high risk, and as a regulated brand, IQ have stopped offering them.
- Hedging – IQ are clear on how and when they will hedge their own positions. This should act to reassure traders who fear ‘over the counter’ brokers only want to see traders lose. IQ actively manage their risk.
- Support – Support is offered in a range of languages and includes live chat for quick resolution of any complaints. Users needing to Unblock, Delete or Close an account need to contact telephone support.
- News – Event Calendars and brand news is fed through to the user area.
As indicated on their website, IQ Option Europe Ltd is operated by Infofield Premier Ltd (Registration No: HE324593) and Investlab Holdings Ltd (Registration No: HE327751). Since Investlab Holdings Ltd is regulated by CYSEC (License Number: 247/14), this means traders trading on the platform are also protected under the provisions of the MiFID.
Open Trade Network
IQ Option started the roll out of their blockchain based cryptocurrency exchange. Called the Open Trade Network (OTN), it is built on the Ethereum blockchain platform.
It delivers a stand alone cryptocurrency wallet and exchange. Designed to meet the needs of a growing market, and regulators who will want to oversee the operation. The system is due to be live in early 2020.
IQ Option is not raising money for this project through an ICO, and this presents an opportunity for traders. Instead OTN coins will be awarded to traders, wallet users and token holders as an incentive to use the platform and provide liquidity.
IQ Option will recoup their investment through a portion of coins held for that purpose. The total number of coins to be issued is 100 million with 42 million going to the traders and wallet users over the next 2 years. Once the platform is live OTN tokens will be tradable and sellable on the open market.
This is a significant development. This blockchain innovation reflects the major disruptive influence IQ are trying to generate in the finance sector as a whole.
IQ offer the best demo account terms in the industry. It is a No deposit demo account. The balance can be restored to $1000 as often as required, and the practice account is useable long term, there are no time restrictions.
The demo, or virtual, account can also run alongside a real money account – not “instead of”. This allows real money traders to change into the demo account, and trial a new strategy or strategies without risking real money. It is the most flexible demo account available and is entirely risk free. This offering, coupled with the low minimum deposit, is why this broker have grown so quickly. It is also why the brand attracts beginners and novices. It demonstrates a real confidence that they have the best trading platform, and know that once traders have used it – they will stay with them.
IQ offer trading in a range of countries, and also support across multiple languages. In 2020, the firm operated in 18 countries – in 2020 it was up to 178. There are however, some countries where trading is not possible with IQ due to regulations or local laws. So traders from Canada, USA and Australia are not permitted to open accounts at present.
Having started operating mainly in Europe, the UK (United Kingdom) is one of the largest trader ‘bases’ for the brand, followed by other European trading hubs, such as Germany and Sweden.
The firm are also growing very quickly in Asia, with binary becoming legal in India. They have recently added multiple regions to their list, including:
Other areas of growth include Africa, where Ghana and Nigeria are seeing large numbers of new traders. This growth is aided partially by a ‘softer’ regulatory regime. With responsible brands such as IQ Option, this actually works well. Similar reasons have led to marketing pushes in UAE, Brunei and even Japan.
Traders in these regions are now able to register at IQOption. The login process is very quick, and the demo account sign up requires only an email address. Beyond the login screen, traders will need to make a deposit before trading for real money. The minimum deposit however, is just $10 – among the lowest in the industry. The minimum trade is equally low, at just $1 per trade.
There are regular trader tournaments across the trading platform – each carries their own set of terms and conditions. These are generally a competition based on trading success with a leaderboard. They are a method by the broker to encourage trading, so the tournaments are usually decided via the amount of total profit over a given period.
They offer a great way for traders to compete against each other, and create a lot of interest. The terms will often vary – so one tournament might focus on short term options, while the next might look at a specific asset class, like forex.
Often there are substantial prizes for the winners of these competitions. These range from cash rewards, to more unique prizes, such as the recent Aston Martin race day experience. These gave winning traders the chance to enjoy a race day in one of the sponsored Aston Martin Racing cars. These tournaments really increase the customer friendly feel promoted by the firm, and they are worth looking into.
Specific strategies for use at IQ Option are difficult to detail due to the vast options available. From rainbow strategy to technical analysis a trader’s choice is endless. A winning strategy for eur/usd may not work for trading oil, and learning lessons from a 60 second strategy may not improve results for 5 minute or longer trades.
The demo account is a great place to experiment and find winning strategies however. Every trader will need to find their own system, and the unlimited demo at IQ gives traders a better ‘sandpit’ than vs Plus500 for example.
Binary vs Forex
The binary vs forex debate is another complex argument when looking at strategy – it will always come back to the trader, their risk appetite and their favoured length of trade. Our strategy section may contain useful ideas, as will the forum. Our blog entries often contain trading tips, but how they are implemented or acted on is of course up to the trader.
Strategy elements like money management are really a question for each trader, as only you can know your risk appetite.
The last point on strategy is that there is no such thing as a ‘no loss’ system. Some trades will win, some will lose, but a winning strategy is profitable in the long term. Anyone offering 100% accuracy (or anywhere near) is very likely to be dishonest. Discussions on Reddit or Youtube are extremely unlikely to be legitimate traders giving away winning systems for free!
Signals And Automated Trades
At present, IQ do not deliver signals to traders. There are sentiment indicators which give a feel for market sentiment, but no automated signals.
Expert advisors are often a feature promoted at other brands, but ultimately an employee of the broker acting on behalf of the trader is unlikely to be impartial. IQ do not offer an expert advisor service on a standard account.
The firm prefer to enable and educate their traders to make their own trading decisions.
What is the minimum deposit for opening a trading account?
The minimum deposit at IQ Option is $10,€10 or £10.
Is the IQOption platform reliable?
Yes. The website, desktop download and mobile app all boast reliability. IQ do however, recommend the desktop software for the quickest execution times.
What trading platform do IQOption use?
IQOption use a proprietary trading platform. The platform is constantly developed and improved, both to add new features, but also new markets. The charting facility on the platform is very advanced.
Do IQ Option offer leverage?
Yes. While the maximum leverage offered by IQ Option is 1:500 for non-regulated members, EEA traders will see leverage capped at 1:30. It is possible to open a professional account to have those restrictions lifted.
IQ Option also offer ‘Multiples’ on certain assets – mainly cryptocurrencies. These act much like additional leverage, in as much as a move in the underlying price is multiplied by as much as x50. See the IQ Option website for details.
How fast are withdrawal requests processed?
Withdrawal requests at IQ normally take one business day. There will then be 2 or 3 business days before the funds hit the account, depending on the withdrawal method requested.
Are IQ Option Regulated?
Yes. IQ Option are regulated by CySec
Is IQ Option Safe?
Yes. They are a legitimate, regulated broker.
Do IQ Option accept Paypal?
No. At present the best e-wallet options are Skrill and Neteller. Perfect Money has also recently been added, as has China Union Pay for traders in Hong Kong or Macao.
• High Returns of up to 91% payout in case of successful trade
• Low Minimum Initial Deposit Requirement – open account with $10
• Regulated Broker with CySec
• Cutting edge Trading Platform
• Direct access to Crypto markets such as bitcoin
• Secure account verification
• Quick withdrawals
• Smaller range of markets than some rivals on forex and cfd
• Self build robot / auto trading feature removed.
• No MT4 integration
Some critical users of IQ point to the site not loading, not working or being offline. These issues are generally at the end of the user rather than the platform. The website boasts impressive uptime statistics and they have a strong motivation to ensure their platform is open for business! It is rare for the site to be unavailable or inactive and we have never encountered such issues when connected via a reliable connection.
The IQ Option registration process just requires an email and only takes a few moments. Once verified, you then have access to the demo account, and the real money markets. In order to trade on the real account, a deposit will need to be made. The deposit process is simple, much like the register process. The minimum is currently $10, and the smallest trade is $1 per option.
IQ Option offer a variety of contact methods:
- Email – [email protected]
- Telephone Support – Offered in 18 countries including Australia, India, Thailand, Brazil, Germany and Spain (Helpline details on the site)
- Group Details: Registration No. HE327751
Address: Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33,
4102, Agios Athanasios, Limassol, Cyprus
Customer support can be accessed via telephone, e-mail or live chat. Customers are supported in over 20+ languages.
Go to IQ Option
General risk warning: your capital is at risk
7 Binary Options
The Basic Tools for Successful Binary Trading
Binary options are complex, exotic trade options, but these are particularly simple to utilize and understand the way they work. The most familiar type of binary option it the high-low option and it’s relatively simple to comprehend. This technique is also referred to as the fixed-return option and provides access to commodities and foreign exchange, indices and stocks.
Trading with binary options is easy, and you do not need any previous experience. Below are some basic guidelines that we have compiled to help you start trading in a few minutes.
- To be a successful binary options trader, you need to use more than one broker. Choose one or more from our compiled list of brokers.
- Register with your chosen trading platform and deposit money to start trading. The minimum deposit for some trading platforms or binary options robots is only $ 100.
- Select the asset to trade. Trading platforms have assets such as currencies, indices, commodities, and stocks. You can choose to trade in currencies, the popular one being EUR/USD.
- Decide on the amount to invest. When investing in an asset, you will see the payout or the returns for the asset, which can go up to 91%. Make your prediction on the movement of the price of the asset. If you predict the price of the asset to rise, select Call (up). If your prediction is that the price will fall, select Put (Down).
- When the trading closes after the given time, for example after 60 seconds, if it is a 60 seconds investment and you have made the correct prediction, then you win. An investment of $ 100 with a 90% payout means that you will have made 90 dollars in a few minutes.
Binary Options Robots Trading in Hong Kong
Hong Kong is one of the biggest financial markets along with Singapore, Tokyo, and Shanghai. The city has seen increased number of traders who have joined or those needs to enter this industry. Also being one of the progressive cities regarding technology in the world, Hong Kong is an excellent site for binary options trading. The number of traders has increased because it is easy to enter and start investing in this industry and profits immensely high. Financial Investments are associated with high risks, but binary options brokers industry is associated with less when compared to other financial markets. Indeed to be successful in this industry and to make profits traders need to put some efforts in studying essential techniques used in the world of binary options especially those who are new.
Since the financial crisis that took place in 2020, the world has experienced the significant changes, and that is why binary options industry was introduced. The financial market industry has evolved ever since. Most binary trading software has been designed and developed to help traders get the best out of their money. That being the case, binary options robot was introduced to help in crossing the gap between experienced and novice traders. The potential of binary options industry in Hong Kong has attracted many investors rich and poor. Robots were also developed to help busy traders to participate in the industry. Let us dig deep to understand what is binary options robot.
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How to Make Money with Binary Option Robot
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Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
Get a binary option robot for free by clicking on the button below and learn how you can make money while you sleep!
What is Binary Options Robot?
Binary options robots have helped many binary options traders in Hong Kong to invest in binary options industry more efficiently. In this review, I will look at primary features that make this auto trading software more robust that other software the industry has ever experienced. In this review, I intend to answer the question I regularly encounter, and that is why many binary options traders in Hong Kong use binary options robots.
Binary options robots are automated pre-built software that does not exist in any investment. It allows investors to increase their chances of winning more trades than the way an individual can do without using it. Start using binary options robots today and see how amazing the results are or will be.
If you can search on the internet, you will find many binary options robots that are designed to help the people of Hong Kong make more profits but then not all deliver what they say. Robots have been designed, and all manufacturers claim that their robots are better than other, but the best thing is to find binary options that are trustworthy and reliable. The potential of binary options industry in Hong Kong is huge, and it has attracted the attentions of both legit and scam robot developers. So to stay safe use binary options robots that are well reputed in the industry.
In this review, I will try my best to go through all features, pros and cons of using binary options robots. So if you ready this honest review, am 100% convinced that this review will help you know why robots are the way to go in Hong Kong and Japan as the whole.
binary options are popular in Hong Kong
How Do Binary Options Robots Work?
Robots use preprogrammed sophisticated algorithms to predict future fluctuations in the market and sending signals to traders so that they can execute trades. That way, binary options traders should expect optimal results. Binary options robots are known for using principles that are used by big investment banks that are high-frequency trading. The robot is different from traders since they give better results than individuals, so binary options traders who opt for these automatic trading machines stand a chance of making more profits. As a matter of facts, people who have enjoyed success story of this robot are the people who are new in the world of options trading.
The robot performs various functions. An investor may decide to put in some parameters, and the software will follow your guidelines hence making profits on your behalf. Once you have feed it some crucial parameters the software will become 100% auto trading machine. That way, a trader will have more time to concentrate on other important things in life. Also busy investors can do the same while attending to others things that they consider to be more important.
In the world of investment making money has never been this easier. To be successful using this software you need to familiarize yourself with some basic techniques used in the industry. After you have done that you can now leave others things to be accomplished by binary options robots.
How to get started using this software?
First traders must ensure that they are registered with the robot of their chose. The registration process is straightforward. Hence, it should not take more than five minutes. A trader can acquire this robot for free by just clicking on register button once on the official website of their robot of choice. Once you have registered with the robot, you will find the list of recommended broker that supports trading using that robot. You will as well be required to open a trading account with that broker. From there you will have one thing to do that is making the necessary amount for a robot to get started. In most cases traders are frequently required to make the initial deposit that is not less that $250. Once this amount is deposited and reflects in your trading account, you will start receiving signals. From her you will only need to customize it a bit for it to start trading automatically.
binary options Hong Kong millionaires
What are advantages of using binary options robots?
Before we go deep discussing what benefits of binary options robots here are a few things that one should know about these self-proclaimed robots. Let me outline few benefits attached to the usage of binary options robots that manufacturers claim.
- With few parameters inserted a trader can enjoy 100% fully automation of this incredible binary options software.
- With this software traders can reach over 85% winning rate that is very had to be obtained by professional traders and other automated trading software.
- The software is designed in a simple way to enable both veteran and novice traders to use it to the fullest hence increasing their chances of winning.
- On can access this robot by using a mac and window based computers at any given time without limitation. Also, robots can be obtained by using smartphones such as Android operating system and Windows operating systems respectively.
Any of the above features is enough to make you use and to know why many traders in Hong Kong are using binary options robots. The robots bring more benefits and now the most interesting part of this robot is that they are offered for free on the market. Mach has been told about these robots now it is time to focus whether this robot delivers what they claim to deliver, or they are a scam that needs to rob traders their hard-earned dollars. Do these robots really produce what the manufacturers say?
What is the cost of binary options robots?
Binary options robots are offered for free on the market regardless of their importance to people. All traders are required to set them up by following simple guidelines provided. When you open your account, you must ensure that you have a reliable internet connection. Once you have downloaded the software, you will not need to download it twice since robots update themselves whenever there is a new version. Once you have done this ti will be your time to sit back and watch money bulging into your bank account. Feed, the machine with some basic parameters and the rest, will be added onto you.
More information about binary option robot
On contrary to many beliefs, binary options robots are not like magical human beings that take full control of your PC when you are away or like copy trading, robots make good use of historical data that is available in the world of binary options industry along with sophisticated mathematical algorithms to tell where to place a trade and how to do it.
Due to efficiently and simplicity nature of these robots either is no experience required for Hong Kong traders to start using this robot, after all, robots were designed to act as a bridge between experienced and non-experienced traders. But then education is key to everything in life so as binary options industry. To be in the mix of experienced traders, you need to, at least, learn some fundamentals of this industry. If you can manage to reach here, I assure you those binary options robot will become an extension of your trading behaviors. Also for those traders who find that their feet’s are wet when trading options are encouraged to use these robots since it will give them peace of mind. Start using binary options robots now and enjoy great success in the world of binary options.
What makes binary options robots stand alone from other software?
First robots are the only automated trading program that investors don’t have to be online to the trade. The software needs some few instructions to get started. With these instructions, the robot will become 100% automated.
Auto stop losses- in the world of binary options, it is tough to find software that allows its users to stop losses when they are not online but with this software, everything is possible now thanks to the technology advancement. Most software that doesn’t have this features are likely to empathize your trading account especially bad days. To enjoy this feature, you need to send your day investment and the software will trade using that figure without exceeding.
Reverse trading- is the great feature of those individuals who think they can perform better than a robot or robots execute the wrong trader for them. Now this kind of traders can test this statement and find out what they are saying is true. In simple words, reverse trading is opposite of what the robot do. Robots are trusted tools that guarantee a traders success hence I strongly discourage the use of this feature but then if you have money that you need to dispose you can go ahead and try it out.
Spectacular Hong Kong view by night where binary option millionaires enjoy life
Who are beneficiaries of this robot in Hong Kong?
As I have stated in the above new binary options investor are the top recipients of this software. With the machine intact no learning is required only since the software is fully automated. But the to set up some parameters that will guide the robot you need to make an effort in studying simple information under the same.
Busy investor- this group deserves to be here since when they are the way the robot does the trading for them. In most cases you find that this group doesn’t have time to sit in front of their computers to trade.
Big investors are another group of individual who enjoy the services of robots. This group has a vast amount of money that they invest hence without these robots it will be tough for them to trade for every profitable opportunity.
VIP account level
Binary options robots come in different versions that are designed to suit various traders at each level. The VIP level is most advance account level offered by these robots. One becomes a member of this account level in two ways: one is by making minimum deposit require and the second is by referring their friends to use these robots
The use of binary options robots has grown in Hong Kong due to technology advancement in the country, and this is expected to continue shortly due to measures that the country has taken. It is no doubt that binary options robots have taken Hong Kong financial market to the next level. Today you will find many binary options robot that is in the industry hence making a selection of legit robot tough. Despite this, there is one thing that should help a trader in selecting a legitimate robot. Always ensure you choose a robot from a well-reputed company along with providing you choose a robot that recommends trustworthy brokers.
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