Posts

Showing posts with the label #binaryoptions

Wondering why cant you withdraw your Binary options profits to your bank account but only the amount equivalent to the deposits you made?

Image
  You can't withdraw more than you deposited from your bank account!. Binary Options brokers ask you to open an e-wallet, and then deposit from it, verify your e-wallet account with the broker, and then withdraw? ooooff... irritating right? The below information no binary options brokers tell at the time you register, later you suffer for withdrawing the hard-earned profit from the platforms. Just follow the steps in the beginning so that you don't suffer in the end. First, create a proper email address in Gmail or another domain with your name in the ID. (you can add additional characters to make it unique but make sure your bank name, Government id, and other verifications ids. Then open the platform's account with the same email address. You can use this to open an IQ Option account and check which all e-wallets are accepted for deposits and withdrawals. Then open an e-wallet account like WMZ, AdvCash, Perfect money, or any wallet that is accepted on the broker's p

What is Binary Options Trading?

Image
 A binary option is a form of short-term trading strategy of day-traders on trading platforms like IQ Option, Olymp Trade, Pocket Option, or Binomo. The trades are executed by either selecting a 'Call' or 'Put' Option from a strike price. 'Call' or ' Buy' is an option selected when the trader analyses the price of a stock/ forex that will be above the strike price for a short time. Expiry of trade could be for a minute or even a day.  'Put' or 'Sell' is an option selected when the trader analyses the price of a stock/ forex that will be below the strike price for a short time. Expiry of trade could be for a minute or even a day.  Profit and Loss criteria The profit rate on winning trade in binary options is also fixed (for example 60%, 70%, 99%, etc..) and differs with different binary options brokers. The catch is, if you lose the trade you lose the entire money invested in that particular time on the option. That's why you should