An investor is required to fill in information which almost every website requires in the course of registration. Here one is required to provide the name, residence, the currency which is preferred, email, password and the payment method. Contact details such as phone number are need to be used during the verification process as well as in case the investor needs support from the broker.Investors are allowed to register two accounts where one uses real money and the other one is a demo account. A demo account is necessary as it offers the investor a chance to learn before they start using real money.After the registration process is over, the investor will be required to verify the account. Most brokers carry out this process for security measures. The process ensures that the person who has registered is of age and at the same time, it is a real person. The verification process may be through sending a photograph as well as scanned images of personal identification documents such as driving license, national identity card or a passport. Although the process may be tedious, it guarantees the investor’s safety against identity theft as well as fraud. Some brokers will only require you to verify the account through sending an email or through accessing the website using a one time link which is sent through the email.The registration process depends on the broker that you have chosen, for some it may take only a few minutes while others a couple of hours to days. When asked to verify the account, it is not that the broker does not trust but rather it is a way of ensuring that fair and secure trade is maintained all the time
You as the trader determines how safely you are willing to trade. Very simple rules apply. First, you need to understand the process and the financial market. If you don’t you will be gambling, which is quite unsafe. Second, if you do understand the markets, then you can make predictions with a certain degree of certainty. That means the safety of your funds is in your control.
Fibonacci system – the Fibonacci system is an advanced trading system that is actually more straightforward to implement than most. It also delivers high levels of accuracy. It uses the famous Fibonacci sequence of numbers to calculate the up and down trends of an asset. From this, the resistance level (price above which the asset is unlikely to go) and support level (price lower than which the asset is unlikely to go) are worked out. This makes it possible to predict which direction an asset’s price is likely to move next.
There are positives to a news events approach to trading. In particular, it is easy to understand and learn. There are disadvantages to the approach too. The biggest problem is unpredictable markets. For example, a company might release an earnings statement that shows an increase in profits. This is a positive news event that you would expect on first reading to cause the market to react positively. However, within the report there might be additional information that spooks the market, such as profits not being as high as expected. This could mean the market moves less than you anticipated and, in some cases, can even move in the wrong direction – prices falling even though the news event is categorized as positive.
The payouts per trade are usually higher in binaries than with other forms of trading. Some brokers offer payouts of up to 80% on a trade. This is achievable without jeopardising the account. In other markets, such payouts can only occur if a trader disregards all rules of money management and exposes a large amount of trading capital to the market, hoping for one big payout (which never occurs in most cases).
Banc de Binary has changed the structure of their bonus so that now it is completely under the discretion of the Account Executive. Bonuses are still offered as high as 100% but I was unable to locate the exact turnover guidelines anywhere on their website meaning we do not know the amount you need to trade before you are able to make a withdrawal.
A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all. The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The former pays some fixed amount of cash if the option expires in-the-money while the latter pays the value of the underlying security. They are also called all-or-nothing options, digital options (more common in forex/interest rate markets), and fixed return options (FROs) (on the American Stock Exchange).