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

Is it legal to trade binary options in USA? ›

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.

Is Nadex legal in US? ›

Nadex is a US CFTC-regulated Exchange

Binary options are legal and available to trade in the US only on a CFTC-regulated United States exchange.

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 option trading legit? ›

1. Legitimacy: Binary options trading is a legitimate form of financial trading regulated in many countries, including the United States, the United Kingdom, and Australia. However, the industry has been marred by scams and fraudulent activities, which has led some countries, like Belgium and Israel, to ban it.

Why is binary option trading banned? ›

While binary options may be used in theoretical asset pricing, they are prone to fraud in their applications and hence banned by regulators in many jurisdictions as a form of gambling. Many binary option outlets have been exposed as fraudulent.

Do you pay taxes on binary options in US? ›

The tax rate for binary options earnings depends on how they're classified. Income from binary options trading as a business will be taxed according to the individual's tax bracket. Capital gains, however, are taxed differently.

Does Nadex report to IRS? ›

On an annual basis, Nadex provides Tax information to its members via an IRS Form 1099-B to help you with your income tax compliance requirements.

Why is binary options banned in US? ›

In addition to ongoing fraudulent activity, many binary options trading platforms may be operating in violation of other applicable laws and regulations, including certain registration and regulatory requirements of the SEC and CFTC, as described below. to you would be illegal.

What bank does Nadex use? ›

Member funds on deposit with Nadex are held in segregated bank accounts at BMO Harris Bank and Fifth Third Bank and are not commingled with Nadex operational funds.

Has anyone become rich from binary trading? ›

There was about only one out of almost a thousand binary options traders who managed to result in withdrawing from their account more money than they put in initially, i.e profitably. About 80% of surveyees made some initial wins before losing it all within their first few hours (not lasting even 1 day).

Can I be millionaire by binary trading? ›

One of the most popular topics in the market is whether a trader can become a millionaire by trading binary options. Since people like George Soros and Warren Buffett made almost all of their money by trading financial products, the answer to this question is therefore yes, but there are a lot of restrictions.

Why is binary trading so hard? ›

Contract times for binary options are usually very short. They range from a few minutes or hours, to a few months in the future. Trading binary options may seem simple. But picking the short-term movements of an underlying asset is extremely difficult, even for professionals.

Who is the best binary options trader? ›

how much money can you earn from trading?
  • RaceOption. RaceOption is considered one of the best platforms for binary options trading in many countries around the world. ...
  • Binomo. Binomo is a popular and reliable binary options trading platform. ...
  • BinaryCent. ...
  • deriv.
Mar 15, 2024

How much do I need to start binary trading? ›

Typical Requirements to Open a Binary Trading Account

Country Restrictions: Check if your country is not restricted by the broker. Minimum Deposit: Brokers often specify a minimum deposit, ranging from $5 to $200.

Are binary options gambling? ›

Another common misconception is equating binary options trading with gambling. While there are risks involved – as with any trading activity – binary options trading is not mere gambling. Successful traders rely on market analysis, economic indicators, and strategic planning rather than luck.

Where can US citizens trade binary options? ›

Binary options can be traded on two regulated exchanges in the U.S.: the North American Derivatives Exchange (Nadex) and the Chicago Board Options Exchange (CBOE).

Where can I trade binary options in the US? ›

Best US Binary Options Brokers
  • Nadex – Best Overall. Nadex is the most regulated options trading platform out there. ...
  • Cantor – Easy-to-Use Platform. Cantor Exchange provides its clients with excellent tools and safe trading experience. ...
  • CBOE and NYSE Brokers – Provides Services from Real Brokers.

Can you withdraw from binary options? ›

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.

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