Ladder and pair trading for exceptional returns

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Types of Binary Option Contracts

This chapter deals with the kind of option contracts which offer hefty returns when a trader is able to forecast the trend perfectly. However, it should be remembered that the basic manner in which these options are traded is similar to the other kind of binary option contracts offered by a broker.

    Ladder options:

The basic structure of a ladder contract is similar to a one touch option contract. However, a ladder contract, as the name suggests, will have multiple target levels. If the price of the underlying asset crosses or at least touches all the levels once, then a trader will receive a payout ranging from 500% to 1500% (depending on the target levels).

Binary brokers offer call and put ladder contracts based on whether the target levels are above or below the prevailing price of the underlying asset in the market. If a trader predicts a strong uptrend in the price of an asset, then a call ladder contract should be purchased. Alternatively, when a trader predicts a steep decline in the price of an asset, then a put ladder contract should be bought. It should be noted that brokers hardly use the word ‘call’ or ‘put’ in the ladder contracts and the binary traders are expected to understand the difference by comparing the target levels with the prevailing price of the underlying asset in the market.

It should be noted that the price need not stay above the target levels for receiving the pre-determined payout. As long as the price breaches the target levels on the ladder within the expiry time, the trader will be credited with the predetermined payout. Interest rate hikes, unemployment numbers, nonfarm payroll, and GDP data are some of the important announcements, which can be used to trade a ladder option contract.
Pair trading:

As the name indicates, pair trading involves two assets, usually from the same sector. The trader should place his bet on the asset which he believes would outperform the other. If the forecast turns out to be true, then the trader would receive as much as 350% on the investment. Pair trading is offered by binary brokers in two different formats, namely fixed and floating pair trading.

Courtney Smith

  1. Fixed pair trading:

The prevailing price of the underlying asset is recorded when the trader enters into a fixed pair trading contract. The price of the assets before the contract is purchased is of no importance. For example, let us consider that a binary trader forecasts a rise in the price of asset ‘X’. At the same time, the trader is also anticipating a fall in the price of the asset ‘Y’. To capitalize on the mutually opposite price movement, the trader enters into a call option in the pair X-Y. Let $50 and $100 be the price of the asset ’X’ and ‘Y’ in the spot market. Let assume that the contract expires in one hour. At the end of one hour, let the price of ‘X’ is $55 and the price of ‘Y’ is $107. This means that the asset ‘X’ has appreciated by 10%, while the asset ‘Y’ has appreciated by only 7%. Considering the fact that the asset ‘X’ has appreciated more than asset ‘Y’, the trader is considered to have won the trade and up to 350% of the investment amount is paid as returns.
Floating pair trading:

In the case of floating pair trading, the underlying price of both the assets in the spot market is recorded when the contract becomes available for trading. The price of the underlying assets at the time when a trader enters into a contract is irrelevant.

In the example discussed above, let us assume that the price of the underlying asset ‘X’ was $52 at the time the contract was made available for trading by the binary broker. Furthermore, let us assume the price of the underlying asset ‘Y’ to be $95. Let the contract expiry period be 2 hours. If the trader enters into a call option in the pair X-Y after a particular time period, say one hour for example, still, at the time of expiry the outcome of the trade will be based on $52 (price of ‘X’) and $95 (price of ‘Y’). In this case, based on the expiry price of $55 and $107, the asset ‘Y’ has appreciated more. Thus, the trader would lose his investment.

7 Binary Options

UPDATE (01.05.2020):

Stockpair has shut down their operations.

We recommend choosing one of our top binary option brokers instead:

Min. Invest Min. Deposit Max. Returns
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Min. Invest Min. Deposit Max. Returns

Try also Binary Option Robot if you are looking for automated binary trading.

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  • Binomo
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Old Review:

Stockpair is an online trading company and a leader in the Binary Options and Pair Options market. It has been trading since 2020 as part of the Nextrade Worldwide family of businesses.

Licensed in the EU and regulated by one of the world’s most rigorous financial bodies, the Cyprus Securities and Exchange Commission, Stockpair’s clients can rest assured that they are protected by some of the strictest regulations in today’s world of online trading.

As you’d expect from a reputable online trading company, Stockpair is led by a team of highly experienced professionals. We found this team to be extremely well qualified to help us learn the ropes of Binary and Pair Options.

As relatively inexperienced traders, we immediately recognized that the team were eager to ensure that we were able to realize the full benefits of the services that Stockpair offers. The market-leading customer support made us feel supported every step of the way from our first trade on the pioneering Stockpair trading platform.

Basic information:

Online since: 2020
Jurisdiction: Cyprus
Software: Spockpair Platform
Max Returns: 85%
Bonus: 100%
Cashback:
Minimum Deposit: $250
Minimum Investment: $20
Maximum Investment: $6000
Currencies: USD, EUR, GBP
Mobile: Yes
Countries: All nations excl. USA

  • Massive range of educational materials
  • Cashback available
  • User-friendly trading platform
  • Market-leading customer support
  • Returns of up to 85%
  • Don`t accept traders from US

7 Binary Options Rating:

Bonuses

Their clients’ trading experience is of paramount importance to Stockpair, so they’ve come up with a very attractive bonus for clients making their first deposit. To welcome us to their Binary and Pairs Options services, the Stockpair team offered us a free welcome bonus of $500.

The customer support professionals made it their priority to ensure that we were aware of the best strategies to maximize our investments. The free $500 was a definite boost to our first tentative steps into the field of online Binary Options trading.

Payout

Stockpair offers extremely generous returns on investments. If your trade finishes ‘in the money’, as the trading world says, Stockpair provides returns of up to 85% on your initial investment. In addition, certain accounts offer cashback rates of up to 3%, boosting your profits.

Screenshot

Types of Accounts

Stockpair recognizes that not every online stock trader has the same needs or the same level of experience. That’s why they offer a range of accounts tailored to their clients’ needs.

Account Types

As part of our research, we took a close look at the various features offered by Stockpair accounts. We focused primarily on the Silver, Gold, Platinum and VIP accounts.

  1. The Silver account – The Silver account offers clients a minimum deposit amount of $1,000 to get started. This account is primarily for beginner traders.
  2. The Gold account – Holders of the Gold account are able to deposit a minimum amount of $5,000. This account is ideal for intermediate traders, who might need the help of the complementary trade expert who comes as standard with this account.
  3. Platinum account – Platinum account holders can deposit from $20,000. Tailored to the needs of more experienced traders, who are committed to making profits, this account offers an attractive cashback rate of 2%.
  4. The VIP account – The VIP account is Stockpair’s offering to elite online traders. Account holders can deposit from $50,000. Designed to meet the exacting requirements of professional traders, this account offers cashback amounts of up to $500,000.

Do We think that StockPair is a Scam?

After having monitored StockPair for over five years, we can say with confidence that it is NOT even in the least bit a scam. Over the years we have looked into many different binary options forums and spoken to traders who have used the services. The company is apparently taking care of its traders i.e. customers and everybody is getting their money on time.

So, far we have not run into any serious complaints. The company is regulated by none other than CySec as well as other European regulators including the FCA in the UK. You can find a complete list of regulators that are regulating Stockpair by clicking here.

Updated – January 2020: It is possible to access Stockpair via two domains i.e. stockpair.net and stockpair.com. Both domains show a steady stream of traffic and without any alarming spikes which is often the case with fake brokers.

However, we’ve noticed that the ”.Com” is mainly frequented and used by Europeans. 25.31% of the traffic is from France, 7.81% visitors from Germany and the UK makes up 8.66% of visitors. The ”.net” is for the most part visited by people from South Africa i.e. 12.13%.

Should Traders Open an Account with StockPair?

StockPair is one of the few brokers that we can call one of a kind in the binary options trading industry. We have not been able to find any other competing and promising broker that’s able to offer the extensive list of extras. The website is a pleasure to use and browsing through is an enjoyable experience, not to mention being easy to use.

Plus, the company offers traders who use the system above average profits compared to other brokers with an average 82% return on almost all assets. Another extra worth nothing is StockPair’s revolutionary binary trading option called KIKO. KIKO helps traders who often struggle with choosing an expiry time by entirely eliminating the expiry time.

KIKO is an abbreviation for Knock-In – Knock Out, and what this means is that the platform offers traders two choices or prices one of which is above the present price and one that’s below it. All traders need is choose the one (asset) that they think will be touched first. If it takes around a dozen hours to reach one of the targets, you don’t have to worry about that because there isn’t any expiry time, which means that it can last either 1 second or 1 day, as long as it takes to reach the target price.

The only drawback of this option is that the potential payouts are slightly lower compared to the regular Up/Down option though the difference isn’t great in our opinion i.e. 75% for KIKO and 80% for UP/DOWN.

Apart from being one of the pioneers in binary options trading, Stockpair has also been able to position themselves with a brand new bonus system that offers no restrictions on trader withdrawals which is a big problem with the industry.

The company offers bonuses which are stated as ”pending,” and are then released into the trader’s account when they have traded the required volume. It is just another point proving that Stockpair is exceptionally trader friendly.

The trading platform is very easy making it possible for even newbie traders to understand how the platform works fully. The trading experience on Stockpair is simpler and not as complicated as other binary options brokers with complex platforms. So, the question you should be asking yourself ”why you shouldn’t” instead of ”Why you should” choose the platform.

StockPair Trading Software

StockPair has made trading binary options very easy thanks to their patent pending, proprietary software. The software is one of the areas where the broker shines, and it’s why we have covered so much about the platform in this review. The charts allow traders to study the history and overall sentiment for an asset they may be interested in trading.

Unlike other platforms, the system has made it very easy to monitor trades by just taking a look at the position on the screen on the right-hand side. When you click on the Technical Analysis link, you’ll be able to pull up a chart complete with trend lines and Bollinger bands. Many traders using the platform rely on the chat tools for making informed trades because it’s just that good!

Pair Options

StockPair has an innovative and very useful feature which allows for traders to trade Pair options. The option allows traders to bet on two stocks deciding which one will do better than the other in a specific time frame. In our test, we purchased Vodafone versus BT for larger margins at 93% payout.

However, interestingly the payouts can rise to as much as 350% on an investment. StockPair has well over 150 assets which include the nine currency pairs, stocks from Australia, Europe, and America, many different indices as well as commodities like oil, silver, and gold.

Traders have the option of logging into their StockPair account from their mobile devices via their native app. The mobile app is an excellent addition for traders who want to trade when on the go or if they want to monitor trades while not in the office.

The StockPair Demo Account

The broker offers traders a demo account which is only available alongside a live account which has been duly funded. The demo account is part of their coaching process and can be had by contacting the account manager. The minimum deposit for anyone who wants a demo account is $500. However, we found that most people didn’t use the demo account because the platform is self explanatory for the most part.

StockPair Broker Information

The financial and banking system setup by StockPair is of exceptional quality. We have been very positive about StockPair as a broker, and their banking practices are equally good. Traders can benefit from instant deposits as well as super fast withdrawals. Unlike other competing brokers traders will not have any difficulty withdrawing and adding funds to their accounts.

StockPair has set the minimum withdrawal threshold very low. $20 is the minimum you can withdraw, which is excellent for newbie traders. Plus, accounts can be funded, and money can be withdrawn using Skrill (formally called Moneybookers) as well as other online wallets that offer low transaction fees.

If you have requested a withdrawal and later decide to cancel that it’s as simple as moving over to the cashier section and hitting the cancellation button right next to the ’withdrawal details’ tab. Though we’ve not tested this feature but as a whole expect withdrawals to be fast.

StockPair has said that the funds are segregated from all working bank accounts. The reason being that in the rare instance that a trader decides to stop trading, all the funds remain unaffected which makes it possible for clients to get their money back into the account. This is an entirely different setup from where brokers are using customer funds for marketing and operational purposes, and if they go bankrupt, then everybody’s money vanishes. But with StockPair the chances of them going bust is low and even if they do traders are protected.

Ever since this review was published we have learned that StockPair has stopped trading in America and have announced that CySEC now regulates their operations. StockPair is now a member of an exclusive club of sorts joining a few binary options brokers who are regulated across the world.

Assets

As you’d expect, Stockpair has a very strong range of assets to choose from, no matter your amount of Binary Options experience. These assets include:

  • commodities (gold, silver, gas and oil)
  • currency pairs (EUR/GBP, USD/JPY and GBP/USD)
  • stocks, such as Apple, Facebook and Microsoft
  • indices like the FTSE, DOWJS and AEX

In total Stockpair puts an impressive array of over 150 assets at your fingertips.

Deposits and Withdrawals

The intuitive Stockpair Platform makes it extremely easy and secure for you to deposit and withdraw money into and from your trading account. You can choose whether you would like to manage your account in US dollars, euros or British pounds and the following deposit and withdrawal methods are available:

The minimum deposit amount for a basic trading account s $250 and every transaction you make is protected by the latest security encryption protocols.

Customer Support

As you’d expect from a company that places its clients’ trading experience at the center of everything it does, Stockpair’s customer support service is second to none. It’s one of the principal reasons that make it one of the marketplace’s favourite online Binary Options trading companies. We were impressed with the helpful and supportive customer service agents who were available 24 hours a day, seven days a week.

Their professional support is accessible through Live Chat, email and telephone in several languages, such as English, French, Spanish and Arabic. No matter how you like to access customer support or which language you speak, Stockpair is bound to have the solution that best suits you.

You can also phone StockPair in order to get the assistance you need :

  • Worldwide +44 2030269430
  • USA +1(917)3832217
  • UK +44 2030269430
  • Canada +1(416)8001693
  • France +33 975180570
  • Cyprus +35 725025062
  • Italy +39 0699367406
  • Spain +34 911230437
  • Bahrain +973 16199853
  • South Africa +27 105003980
  • Australia +61 261710710
  • Hong Kong +85 236931492

Conclusion/Summary

Probably the best way to sum up our experience of trading with Stockpair would be to quote their description of themselves:

We work hard to provide you with the best trading environment.

Every contact or transaction we had with the company certainly convinced us of their focus on customer experience. Added to this, they offer some of the most competitive accounts on the market with features tailored to the needs of traders of varying skill and experience.

Professional traders are particularly well catered for in the form of the VIP account. However, novices are by no means neglected with the basic account. Offering a minimum deposit of $250, it’s the perfect way for novices to cut their trading teeth.

We would wholeheartedly recommend Stockpair, which is on the par with IQ Option and Option Robot, whether you’re a veteran or beginner trader, as their comprehensive support really will ensure that you reap the rewards of your investments. We also recommend checking out binary option robot if you are looking for making easy profits.

Additional information

Customer Service: Live Chat, Email or Telephone

Languages: English, Spanish, French, German, Italian, Dutch, Japanese, Arabic, Portuguese

Trading Options: High / Low, One Touch, Option Builder, Meta Charts, Ladder Options

Assets: Currencies, Stocks, Indices, Commodities

Early close: Yes

Expiry Times: 60 sec, 15 min, 30 min, 1 hr, 24 hr+

Deposits and Withdrawals: Visa, Mastercard, Amex, Bank Wire, Skrill Moneybookers

Withdrawal Time: 2 days, 3 hours with Skrill

Demo account: Yes

7 Binary Options review: StockPair : 4,5 stars.

Tag: 23traders pair trading

23Traders Broker Review – Online Stock and CFD Binary Trading

Trading Resources

23Traders offers traders plenty of resources to help both new and experienced traders carve out a successful binary trading career. Its Trading Academy is the best and most comprehensive, with traders having access to numerous educational eBooks, a 23Traders stock trading guide, a video library with over 50 videos, a detailed glossary and a trading basics manual as well as access to a personal instructor. The free economic calendar and an in-depth news trading strategy can also ensure that 23Traders stock trading can be very profitable for traders. In addition, resourceful live webinars, organized and conducted by veteran traders and experts both weekly and monthly, are also available and are accessible to traders for free. In these webinars, 23Traders CFD trading is also discussed with these products providing traders with the best opportunity to profit from market volatility.

Payment Methods

23Traders allows traders to make deposits and withdrawals using a variety of safe, secure and convenient payment methods that include bank wire transfer; credit cards and debit cards, such as Maestro, Visa, Visa Electron, MasterCard and American Express; as well as a choice of popular eWallets, such as Skrill, ecoPayz, CashU and Neteller. The minimum deposit at 23Traders is $250, while the maximum is $100,000. Deposits reflect immediately on traders’ trading accounts if a credit card is used for depositing, whereas all funds withdrawn will be available to traders within 2-5 days.

For traders’ safety, 23Traders reviews its systems regularly and currently uses the latest and advanced 128-bit Secure Socket Layer (SSL) encryption to transmit all transactions. 23Traders also utilizes a high-end enterprise-level firewall, while all card transactions are secured by the industry best PCI DSS service.

Customer Service

In addition to having comprehensive Help and FAQs pages on their website, which 23Traders reviews and updates regularly, the broker also has a customer support team dedicated to helping traders with all their inquiries 24/7. If you need any help, you can contact them any time via live chat, phone or email. The team is warm, friendly, very responsive, and will handle all your inquiries professionally.

Conclusion

For the short time it has existed, 23Traders has built a reputation as the most trader-centered broker in the binary options industry. By allowing traders to trade on the superior SpotOption platform, offering plenty of trading resources, providing outstanding customer support as well as operating secure and efficient payment processing methods, 23Traders ensures that all types of traders have all they need to enjoy a consistently profitable trading career.

23Traders Broker Review – Online Stock and CFD Binary Trading

About 23Traders

23Traders is a relatively new broker, having started operations in 2020. Its parent company, Hermes Ventures Limited, is headquartered in St. Vincent and the Grenadines and is regulated by the VFSC (Vanuatu International Financial Services Commission) under the license number 14536. This regulation ensures that customer funds are safe and that 23Traders delivers transparent services to traders at all times.

The name 23Traders is derived from the fact that, before founding the brokerage firm, 23 traders of dynamic backgrounds met for a series of brainstorming sessions to deliberate on what the ultimate binary options broker would look like. The idea was to create a broker for the traders, by the traders and going by the numerous positive 23Traders reviews online today, it is evident that they have created the ultimate binary options brokerage that offers traders all the tools and services one needs in order to trade effectively.

Trading Platform

No 23Traders review is complete without a mention of its advanced and revolutionary trading platform that uses superior technology. Powered by SpotOption, the 23Traders platform is very intuitive, user friendly and offers traders an incredible portal to the exciting world of binary options. For traders that prefer the convenience of trading while on the go, 23Traders has a complimentary mobile platform for both iOS and Android that delivers the full functionality of the desktop platform. Packed with useful features, such as historical asset price charts and the Trader Choice sentiment gauge, the 23Traders trading platform allows traders to get the most out of their trading activity.

Traders are also able to trade a variety of option types including the standard Binary Option (Call/Put), Speed options, such as 60 Seconds, Long Term options, Ladder, Pairs, One Touch as well as Forex and 23Traders CFD trading. The broker also offers a variety of expiry times from as short as 60 seconds, up to a year, enabling traders to diversify their trading portfolios with ease. The trading platform also offers a choice of risk management tools, such as Rollover and Double Up and these enable a trader to minimize the risks of trading while securing the rewards.

Trading Assets

At 23Traders, traders can place binary trades on almost any type of financial asset. Commodities, such as silver, gold and crude oil, currencies, such as GBPUSD, EUR/USD, indices, such as DAX, Dow Jones, Nasdaq, Pairs, such as Twitter/Facebook and stocks, such as Microsoft, are all available for trading. 23Traders CFD trading is particularly impressive as it allows traders to trade these highly leveraged products with defined risk and reward. Equally exciting is 23Traders stock trading that allows traders to realize huge returns in a short time by simply making a prediction on the price movement of various shares without the obligation of owning any stock.

All these assets can be traded in the variety of contract types, such as the long term and speed options, which effectively widens the scope of profitability for traders. 23Traders CFD trading is especially lucrative as these products experience big price movements throughout.

Review of 23Traders Broker – Forex and Binary Options Trading

Trading Platform

23Traders option trading platform is powered by SpotOption, arguably the leader in binary options trading software. Known for its delightful front end designs, user friendly interface and high performance, SpotOption also supports mobile trading via Android and iOS apps to allow traders to experience superior trading functionality at their convenience and while on the go. 23Traders FX trading is also greatly enhanced by this high performance platform which ensures that currency traders receive interbank price quotes devoid of any latency whatsoever. The software also comes with handy features, such as Rollover, which enables traders to extend the expiry time of their existing trade as well as an integrated social trading function that allows traders to track and copy the best performing traders on the platform.

Educational Trading Resources

Trading resources is our next focus in this 23Traders review. 23Traders Trading Academy offers an extensive educational program to help traders gain relevant knowledge as well as learn the skills and methodologies required to build a successful trading career. In addition, 23Traders reviews its educational offering regularly to update their traders on the latest news, strategies, trends or developments in the financial industry. In the 23Traders library, traders can access a detailed trading glossary, options trading basics, numerous eBooks, the 23Traders FX trading manual, an extensive video library with over 50 videos, an exhaustive news strategy, an economic calendar as well as access to a personal instructor who will walk you through the trading platform step by step.

Banking – Deposits and Withdrawals

To ensure 23Traders option trading is efficient, the broker operates a reliable and effective payment system that ensures both deposits and withdrawals are dealt with in a timely and efficient manner. Traders can deposit or withdrawal in a variety of safe and convenient payment methods that include wire transfer; credit cards and debit cards, such as MasterCard, Visa, Visa Electron, Maestro and American Express; as well as a variety of popular eWallets, such as Neteller, ecoPayz, CashU and Skrill. 23Traders allows traders to begin trading immediately one they complete a deposit successfully whereas all withdrawals are processed within 2-5 business days. 23Traders reviews the identification of each trader, as per the regulations of the regulatory body, to ensure that the funds are always sent to the correct account and trader.

Customer Service

23Traders option trading is made all the more exciting by the exemplary customer support traders are provided with. Traders can contact their customer support anytime via phone, email or live chat if they encounter any problem, need any guidance or wish to submit a complaint. Their support staff is very friendly, highly responsive and will handle all customer issues professionally.

Conclusion

23Traders is well and truly a first-rate broker that adequately serves all types of traders. They offer exceptional brokerage services as well as sufficient support and resources to allow traders to get the most out of their trading activity. If you need a brokerage partner that genuine cares about your success, 23Traders is your natural choice.

Review of 23Traders Broker – Forex and Binary Options Trading

Trading Platform

23Traders option trading platform is powered by SpotOption, arguably the leader in binary options trading software. Known for its delightful front end designs, user friendly interface and high performance, SpotOption also supports mobile trading via Android and iOS apps to allow traders to experience superior trading functionality at their convenience and while on the go. 23Traders FX trading is also greatly enhanced by this high performance platform which ensures that currency traders receive interbank price quotes devoid of any latency whatsoever. The software also comes with handy features, such as Rollover, which enables traders to extend the expiry time of their existing trade as well as an integrated social trading function that allows traders to track and copy the best performing traders on the platform.

Educational Trading Resources

Trading resources is our next focus in this 23Traders review. 23Traders Trading Academy offers an extensive educational program to help traders gain relevant knowledge as well as learn the skills and methodologies required to build a successful trading career. In addition, 23Traders reviews its educational offering regularly to update their traders on the latest news, strategies, trends or developments in the financial industry. In the 23Traders library, traders can access a detailed trading glossary, options trading basics, numerous eBooks, the 23Traders FX trading manual, an extensive video library with over 50 videos, an exhaustive news strategy, an economic calendar as well as access to a personal instructor who will walk you through the trading platform step by step.

Banking – Deposits and Withdrawals

To ensure 23Traders option trading is efficient, the broker operates a reliable and effective payment system that ensures both deposits and withdrawals are dealt with in a timely and efficient manner. Traders can deposit or withdrawal in a variety of safe and convenient payment methods that include wire transfer; credit cards and debit cards, such as MasterCard, Visa, Visa Electron, Maestro and American Express; as well as a variety of popular eWallets, such as Neteller, ecoPayz, CashU and Skrill. 23Traders allows traders to begin trading immediately one they complete a deposit successfully whereas all withdrawals are processed within 2-5 business days. 23Traders reviews the identification of each trader, as per the regulations of the regulatory body, to ensure that the funds are always sent to the correct account and trader.

Customer Service

23Traders option trading is made all the more exciting by the exemplary customer support traders are provided with. Traders can contact their customer support anytime via phone, email or live chat if they encounter any problem, need any guidance or wish to submit a complaint. Their support staff is very friendly, highly responsive and will handle all customer issues professionally.

Conclusion

23Traders is well and truly a first-rate broker that adequately serves all types of traders. They offer exceptional brokerage services as well as sufficient support and resources to allow traders to get the most out of their trading activity. If you need a brokerage partner that genuine cares about your success, 23Traders is your natural choice.

A Review of 23Traders Broker – Forex and Binary Options Trading

When some 23 experienced traders met in 2020, they decided to create the ultimate brokerage firm for traders. 23Traders.com was born with the aim of providing the support and guidance that new and inexperienced traders need to succeed in the financial markets as well as delivering a powerful offering that will enable experienced traders to maximize their profitability. The numerous glowing 23Traders reviews online prove that they stuck to the mission, with the broker now a leading brand in the industry. Fully regulated, 23Traders offers a safe and transparent trading environment where traders can trade a wide range of financial global assets in a variety of lucrative methods and at their own convenience. They also have one of the best and most comprehensive educational libraries around and offer outstanding customer support throughout. You can never go wrong trading with a broker that was built by traders, for traders – 23Traders.com.

Trading Accounts

When signing up, traders have the option of choosing their preferred account package from six account types, from Basic to the Elite level. The minimum deposit on the Basic account is $250 and the maximum is $100,000 at the Elite account level. The minimum trade size is $5 while the maximum is $20,000 and traders can enjoy returns of 78-91% per transaction that ends successfully or ‘in the money’. No matter the account type, traders will receive 24/7 customer support and will have access to all the broker’s educational materials as well as the professional chart and portfolio display analysis. From Bronze level onwards, traders receive a cash match bonus of between 10-100% on their deposits, 1 on 1 coaching as well as invitations to expert led webinars. There is also an Islamic account for traders who follow and abide by Sharia law.

Assets

With 23Traders option trading, traders are able to trade on the price movement of virtually all types of financial assets that include commodities, such as silver and gold; stocks, such as Microsoft and BP; indices, such as S&P 500 and the Dow Jones, as well as currencies or forex, such USDJPY and even Bitcoin. These assets can be traded in variety of lucrative contracts which include the standard high/low options (Call/Put), Long Term options, Speed options (such as 60 seconds, 90 seconds), One Touch options, Pair options as well as Ladder options.

There is also a 23Traders FX trading section that allows traders to trade currency pairs and CFDs with ease and convenience. Also, unlike trading with a Forex broker, 23Traders FX trading comes with defined risk and reward, with absolutely no exposure to any kind of volatility risk.

Best Binary Options Choice – 23Traders.com

Trading Platform and Assets

23Traders runs on the hugely popular SpotOption platform, a state of the art trading software with all the features traders need to be successful. One of the main attractions of the platform is that it is available directly on the 23Traders website, without the need for downloads and only requiring a modern, and an HTML5-capable browser. Traders who prefer to use mobile devices will also find a 23Traders app at the Apple Store as well as on Google Play. This allows for trading convenience and flexibility and enables traders to trade profitable trading opportunities even while on the go.

By signing up for a 23Traders trading account, a trader can enjoy access to not only a variety of assets in various classes – stocks, indices, commodities and currency pairs (forex) – but also several different option types including the standard Call/Put option, Long Term options, Speed options, such as 60 seconds trading, Ladder, Pairs, One Touch as well as FX/CFD options. Other features on the platform include historical price charts of the different assets, a Trader Choice gauge reflecting investor sentiment, risk management features, such as rollover and double up and much more. The minimum investment, depending on the option type selected is only $5.

Account Types and Support

A 23Traders trading account has one of the most flexible structures of any binary options broker, with 6 different account types available: Basic, Bronze, Silver, Gold, VIP and Elite. For customers who subscribe to the Muslim faith, there is also a special Islamic trading account. 23Traders offers different account types because the broker understands that there are different classes of traders, all with different requirements, giving the broker a great reputation in 23Traders reviews. Each account type offers a variety of benefits, such as payouts of up to 91% on trades that end successfully. Other benefits include access to trading alerts, a welcome bonus, events trading groups, access to a strategy advisor and much more.

In their commitment to offering top quality support to all their traders, the support team at 23Traders is exceptional. 24/7 support is available from a well-trained, highly responsive and friendly customer care team through email, live chat or telephone.

Conclusion

23Traders is a broker that brought together the ideas of some of the leading lights in the binary options world and the results are clear to see. Online 23Traders reviews indicate that the excellent trading platform, useful training and educational resources, secure transactions and convenient 23Traders banking options and helpful customer care, are just some of the things that have made this the favorite broker of many traders from across the world.

Best Binary Options Choice – 23Traders.com

Introduction

23Traders was born out of a pressing need to bring together all the best aspects of a binary options broker under one umbrella. This is because success in financial trading is all about partnerships between professional, ethical and reliable brokers and skilled traders. By bringing together 23 of the world’s leading online traders in a number of brainstorming sessions, Hermes Ventures Limited was able to crystallize exactly what traders of different types need. The result was 23Traders.com, a broker that offers an immersive trading experience that provides all that the modern online trader requires to make highly profitable trades within the binary options trading arena.

Banking and Regulation

The security of traders’ investments should always be of paramount importance to any trader. This means that regulation, compliance and secure banking protocols should be put at the top of one’s priority list when selecting a broker. 23Traders is regulated by the Vanuatu Financial Services Commission (VFSC), ensuring that its clients trade with confidence and the peace of mind that the broker follows the regulations as laid out by the regulatory body.

23Traders banking is another impressive service of this broker and the broker clearly understands the importance for traders to be able to deposit and withdraw money to and from their trading accounts with ease. In addition, because the 23Traders banking and data transfer is secured by the latest in 128-bit SSL encryption and uses PCI and DSS-compliant card protocols, all banking transactions are secure from identity theft and any other forms of abuse. The broker offers a choice of banking options including credit cards, such as Visa, MasterCard, debit cards, eWallets, such as Skrill, Neteller, CashU and more, as well as wire transfer. Traders can also select the currency they wish to trade in including US dollars, British pounds or euros.

Education and Training

New traders, as well as experienced professionals, who open an account at the broker’s website have stated on the many online 23Traders reviews that they enjoy a range of benefits that have helped them improve their trading skills and profitability. Some of these include access to daily market reviews, eBooks, online training videos, an economic calendar and webinars. The broker offers comprehensive educational materials which assist a trader to master binary options trading with ease. There is also the option to get assistance from a 23Traders personal instructor who will take you through the trading platform step by step. Should you have any questions, you can also view the 23Traders glossary and FAQs sections which cover an array of topics.

Best Binary Options Brokers 2020:
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  • Binomo
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