OPTIONTRADE: REDEFINING BINARY OPTIONS TRADING - Global Banking | Finance (2024)

OptionTrade, voted Best New Binary Options Broker in Europe 2014, opened its advanced OT Trader platform to clients in 2013 and hasn’t looked back since! As the Binary Options off-shoot of leading FX broker HotForex, this innovative newcomer to the Binary Options scene is exhibiting an unwavering commitment to client security, transparency and the provision of a trading service that clients have come to rely on. So, let’s take a look at what sets OptionTrade apart.

About Binary Options

Binary Options trading is currently the fastest growing sector in the global financial services industry and is said to offer an easier introduction into the world of trading. A Binary Options trade involves just 3 steps:

(1) Choosing an asset;

(2) Predicting whether the price of that asset will rise or fall by a specific point in time; and,

(3) Deciding how much to invest.

Due to the apparent simplicity of Binary Options, traders often underestimate the importance of developing the trading skills and knowledge required. Developing a solid strategy is just as important when trading Binary Options as it is when making any other type of investment. This is where a broker like OptionTrade really shines! OptionTrade has invested copious amounts of time and resources into creating a service that encourages traders to maximize their potential by participating in complimentary training programs, such as multilingual Live Webinars and Beginner to Advanced Video-on-Demand Courses that are targeted at satisfying the specific trading needs of Binary Options traders.OPTIONTRADE: REDEFINING BINARY OPTIONS TRADING - Global Banking | Finance (1)

Security of Client Funds

OptionTrade is regulated and licensed by CySEC (Cyprus Securities and Exchange Commission) CIF license no. 183/12, it is also required to operate in accordance with the EU’s Markets in Financial Instruments Directive (MiFID). In addition, OptionTrade client funds are:

  • insured up to EUR 20,000 through the Investors Compensation Fund (ICF); and,
  • deposited in segregated accounts at leading global banks and are kept completely separate from the Company’s money.

A Reliable Binary Options Trading Service

The OptionTrade team has worked tirelessly to differentiate their service and the result is a cutting-edge Binary Options trading environment that ticks all the right boxes. The combination of a highly user-friendly intuitive interface; fast, transparent trade execution; and, a secure trading environment make OptionTrade a fast-emerging leader in the dynamic Binary Options industry. Traders can depend on OptionTrade for a complete, well-thought-out service that incorporates:

  • 3 account types – Standard, Premium and VIP – offering a choice of initial deposit and a wide range of trade-enhancing benefits.
  • 100% Cash Match Bonus (see below).
  • An advanced, web-based platform that offers traders the ability to diversify their investments between more than 150 financial assets
  • Ability to invest on-the-go with OptionTrade’s advanced mobile apps
  • A great variety of financial products: Classic, Long-term, One Touch, 60 Seconds, Pairs and Ladder Options.
  • High potential returns of up to 88% (up to 550% for One Touch)
  • Free Webinars & Video Training Courses
  • Trading and risk management tools
  • Multilingual 24/5 support

Risk Warning: Binary Options trading is risky

100% CashMatch Bonus

OptionTrade’s 100% Cash Match Bonus illustrates this broker’s client-centric outlook and commitment to delivering a fair and transparent service. At OptionTrade, a client’s own funds and any profits made may be withdrawn at any time without restriction as they are kept in an entirely different account to any 100% CashMatch Bonus claimed; the CashMatch Bonus amount will only be released for withdrawal or trading when the applicable volume requirement is met (See 100% CashMatch Bonus Terms and Conditions).

Education is a Must, not an Option

OptionTraders know that opening an account is just the start of their Binary Options trading journey with this forward-thinking broker. The OptionTrade team will not leave you at the mercy of the markets; instead they are there to offer a helping hand when you need it most with exceptional Binary Options educational resources that have been designed to improve the trading knowledge and skills of novice to advanced traders.

  • The OptionTrade Academy is an evolving resource that is updated frequently. You will find Videos-on-Demand, an OT Trader Platform Tutorial, an In-depth Binary Option Course (Beginner – Advanced) & eBook, and Binary Options Strategies.
  • OptionTrade also runs frequent free Webinars (online Seminars) on trading subjects that will be of particular interest to Binary Options traders. All Webinars are absolutely free of charge and are run by leading industry educators.
  • 24/5 Support Service from an experienced Binary Options team.

Where will the Best New Binary Options Broker go from here?

“The fact that OptionTrade has been recognized as the Best New Binary Options Broker in Europe 2014 is testament to the hard work and commitment of the OptionTrade team. By focusing our energies on our clients, our service has gone from strength-to-strength and we are confident that the coming years will cement our position as one of the industry’s most innovative and client-centric brokers.” Stavros C. Fattas for OptionTrade

After such a positive start, the only option for OptionTrade is UP. By redefining the boundaries of the Binary Options industry, OptionTrade looks set to build on strong foundations of Client Security, Honesty and Innovation to bring their clients a service that provides everything they need to trade for the long-term. You can find out more about OptionTrade by visiting www.optiontrade.com

Risk Warning: Binary Options Trading may not be suitable for all investors and carries a high degree of risk to your invested capital. Ensure you fully understand the risks involved before trading, and if necessary seek independent advice.

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OPTIONTRADE: REDEFINING BINARY OPTIONS TRADING - Global Banking | Finance (2024)

FAQs

Has anyone become rich from binary trading? ›

While it's true that binary options trading can offer significant profit opportunities, it's far from a guaranteed way to get rich quickly. Like any form of trading, success in binary options requires knowledge, patience, and a well-thought-out strategy.

Can you really make money from binary trading? ›

Binary traders can make money by correctly predicting whether a market will be above a specific price at a specific time. At expiration, you either make a predefined profit or you lose the money you paid to open the trade. Binary options are priced between $0 and $100.

Is binary trading real or fake? ›

Though binary options sometimes trade on regulated exchange, they are generally unregulated, trading on the Internet, and prone to fraud.

What is the most profitable binary options strategy? ›

The binary options hedging strategy (also called “pairing”) involves placing both a call and put on the same asset simultaneously. By “playing both sides,” the trader can minimize losses, since they'll gain something regardless of the result.

Who is the richest binary trader in the world? ›

Some of the most well - known and successful binary options traders include George Soros , Warren Buffett , and Ray Dalio . Those, who trade in opportune time and have mastered fundamental and technical analysis. Those, who are able to carry the bag properly.

Is binary trading illegal in US? ›

Binary options are legal and available to trade in the U.S. but they must be traded on a regulated U.S. exchange. These exchanges are Designated Contract Markets (DCMs). Some binary options are listed on registered exchanges or traded on DCMs that are subject to oversight by the CFTC or SEC. Here is a list of DCMs.

Can you withdraw money from binary? ›

There are three types of withdrawal methods in binary options trading: cash withdrawals, account/account transfers, and independent third-party transfers. The first two options are covered by the same rules as any other type of transaction you might make with your bank or credit card.

How much money do I need to start binary trading? ›

Following these steps allows newcomers to practice binary options trading without any financial risk. While some brokers permit opening a binary trading account with as low as $20 or even $5, it's important to understand that the minimum deposit can vary based on the broker and the chosen account type.

Why is binary trading so hard? ›

Binary options trading is volatile. Trends rapidly change based on numerous factors. Success in this trading method primarily relies on two factors, namely luck and expertise.

Why is binary option trading banned? ›

Regulatory Concerns

In some regions, binary options trading has been banned or heavily regulated due to concerns over fraud and consumer protection issues.

Can I trust binary options? ›

Beware of Overstated Investment Returns for Binary Options

Additionally, some binary options Internet-based trading platforms may overstate the average return on investment by advertising a higher average return on investment than a customer should expect, given the payout structure.

How do I recover my lost funds from binary options? ›

Once you have contacted your bank about the suspected binary fraud, if the transaction couldn't be stopped and they are unwilling to reimburse the money you have lost, then get in touch with legal experts specialising in wealth recovery and online trading scams.

How risky is binary options trading? ›

They are high-risk and speculative. When you trade binary options, you're gambling on the movement of an asset price.

Can you make a living trading binary options? ›

Binary traders can make money by correctly predicting whether a market will be above a specific price at a specific time. At expiration, you either make a predefined profit or you lose the money you paid to open the trade. Binary options are priced between $0 and $100.

Can you be a successful binary trader? ›

I've seen anecdotal evidence of traders making significant profits with binary, but I suspect that it's vanishingly rare. Yes, you can make money from binary options trading if you follow the money management rules and do a candlestick chart course.

Can you recover money from binary trading? ›

However, there are professional services available that specialize in recovering funds for victims of investment scams, forex trading, and binary options trading. The first step in recovering funds lost to investment scams, forex trading, and binary options trading is to report the fraud to the appropriate authorities.

Does anyone become millionaire by trading? ›

It is theoretically possible to become a millionaire through scalping trading, but it is important to understand that this is a very difficult and risky way to try to achieve this goal. Scalping trading involves making multiple trades within a short period of time, often trying to profit from small movements in price.

Which is more profitable binary or forex? ›

Traders know precisely how much they can lose or gain right from the start. Potential returns: Binary options offer the potential for significant returns, often ranging from 60% to 90% of the invested amount. This is much higher than typical returns seen in traditional forex trading.

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