Important Factors to Consider When Choosing Binary Trading Software

Today, with many of the stock options being traded online, the need has arisen to use an effective software system. Binary trading software is recommended if you are looking to generate more profits by trading. The right software allows the trader to work easily, making it possible for the investor to trade in a smarter way to increase profitably. The trading software trains the trader on all the different aspects of the arena. By using the application, you will be in a position to use advanced strategies to generate consistent earning, speculative income and portfolio protection (hedging). As you shop around, you are borne find different kinds of the same product. However, the factors to consider when choosing it include:

· The company’s credentials

One of the important factors to consider when choosing trading software is the company’s credentials. The company that is selling the software should have in its possession the right credentials because there are many systems available in the market that fail to offer results. You will need to ensure that you are using a system that is tried by different traders, including individual and professional ones. The company should be in a position of delivering quality products.

· Options of the analysis software

You need to consider the options facilitated by the software. The software should help you to consider the potential trades before they are made. The right software should be in a position to advice you about all the aspects of the trade including the technical view points. This is important in avoiding blatant mistakes that are likely to be overlooked. In addition, it is important in making decisions between similar trades when the need arises to choose a trade quickly.

· Quantify trades

The right software should quantify trades in addition to presenting the trades graphically. This helps the trader to visualize exactly what is happening. Furthermore, the software should allow for advanced simulations and calculations on a trade. This helps to make intelligent and disciplined decisions based on the information that you need, to help you trade.

· The features

It is equally important to determine the software’s features. What a trader needs from a company is the right information and support. Circumstances arise where the trader needs assistance, particularly when they need to make a decision sealing the deal, such as the $100 binary option. Therefore, it is important to find software that will be in a position to provide you with high degree of support.

Binary Option Robots? A Review After Two Weeks

One of the hottest things that investors are looking at because of the high returns is the Binary Option Market. There are literally hundreds of these companies active today that allow the average person to trade in Binary Options. Binary options are trades made upon a single (hence binary) decision point – will the value of an asset increase or decrease over a defined time period. An individual chooses the asset, chooses the amount they would like to invest and then chooses the direction they feel the asset will move. Quite simple. However like any asset traded the more you know about fundamentals and events the better the opportunity to turn a profit.

This leads me to the discussion on auto trading systems. To be clear, I am not affiliated in any way with any of the systems reviewed.

Almost all of the systems make large claims about turning small accounts into hundreds of thousands of dollars – or millions as some claim – in a very short time frame. However, having tested several, not all are living up to their claims and in fact result in the erosion of your capital or do not work at all. All of the systems operate on the basis that they are ‘free’ but you need to sign up for a brokerage account through their system (in essence they are then being paid by the brokerage for a new account). It is important to note that the review and results are a reflection of my own experience.

I tested the following systems: 7 Day Millionaire; 70K Method; Christmas Profits; Kraken; and Binary Option Robot. In all cases I funded the accounts and followed the directions for auto trading. The Kraken, Christmas Profits, and 7 Day Millionaire are all based on the same platform. No matter what I did, or which browser I tested I could not get these three to make an automatic trade. I exchanged email with the support at the 7 Day Millionaire but was unsuccessful in making auto trades. Therefore these bots did not live up to the promise of auto trading.

All three of these web portals did offer signals. I decided to test the signals from the Kraken (on an Option.fm trading account) and made nineteen trades. Six of these trades resulted in wins (31.5%). Based on this result, I would not recommend using these bots for trading signals (we will cover trading signals in another article).

The 70K Method application (tied to a Mayfair account) did perform auto-trading functions. However the results were less than ideal. Eleven trades were placed over a two week period and there were ten lost trades and one win. This is far less than the 85-90% win ratio advertised in the marketing materials.

The Binary Option Robot is the most promising of the bots reviewed. It was set up with an account from No1Options. This software made forty four (44) trades over the period of the trial. Twenty one (21) of these trades were winners and one was a tie. It did make the trades by itself and appears to have logic around stop losses built into the software.

Therefore only the Binary Option Robot produced results – and those were less than what had been advertised. However I do like the stop-loss feature and this tool could be a good complement to an active trader and find some wins when you don’t have time to trade.

Stay tuned for the next article in this series as we explore trading signals software.

Binary Options Broker – How To Choose The Best One

Why one must use professional binary options broker?

Digital options trading is one of the most profitable investment opportunities available in the market today. Since the new market regulations announced in the year 2008, the growth of binary options trading has really catapulted and more and more people are increasing their investments into binary options. Due to the short term investments and higher returns on those investments, Digital options trading has become one of the most popular market investment opportunities.

Investors can trade 24 hours and 7 days a week in the binary options market. At the same time, there is a harsh reality behind this type of investment. One must have thorough knowledge about the current market trends to get higher returns on their investments. Plus this market is highly dynamic and volatile in nature which indicates a strong need to keep constant eyes on the latest news and worldwide market happenings. This is where a reliable and professional binary options broker platform can help investors to make easy and reliable trades automatically.

How to Choose The Best Binary Options Broker?

Due to the continuous rise in the popularity of binary options trading opportunities, there is a growing demand for reliable and professional binary options broker platforms. Unfortunately, there are several digital options scams present in the market which try to sell the investors unreliable and untested binary options broker platforms. This can cause severe losses to the traders due to the lack of professional and reliable binary trading software.

While selecting a reliable and professional digital options broker program, one must inquire about the following features and requirements that every successful binary trading software possess.

Important Binary Options Broker Features you Need to Keep In Mind

1.) Simple and intuitive user interface – Professional and reliable binary trading program offers easy and simple to handle user interface that saves lot of time and headache for traders. There is usually no need to invest extra time to learn new features and controls of the program. Most of these programs are web based and users do not need to download or update the trading software on their own PC. Users must be able to use the program easily whenever and wherever they want. User friendly and interactive controls are the most important ones which we must observe while selecting the right binary options broker platform.

2.) Ability to invest into multiple assets – Reliable and professional binary trading software offers varieties of assets for the investment purpose. A trader should be able to invest into different types of market assets from forex, indices to stocks and commodities. One must pay attention to the ability of the program to invest into all of the available market assets to gain maximum profits from the trades.

3.) Availability of appropriate expiry periods – Some binary trading brokers provide weekly expiry periods while some provide hourly and end of the day options to their investors. To gain maximum control on our trades, it is important to select the binary trading software that provides maximum expiry periods.

4.) Maximum payout percentage – Professional and popular digital options brokers provide maximum payout percentage to their investors. One must look at the binary trading platform that can offer minimum 75% to 90% payout percentage for every won and lost investment. For every unsuccessful trade, there must be minimum 5% to 10% returns to the traders.

5.) Varieties of languages offered – To become more convenient with the usage of the binary trading software, it is essential that the language of the program must be your own mother tongue. There are some professional binary options broker platforms in the market that offer varieties of languages from English, Arabic, Spanish, Russian, Turkish, etc.

6.) Minimum initial deposit requirements – One must be able to open binary trading account at the website for free and no need to provide initial deposits. Look for those binary trading platforms that provide free registrations and minimal deposits.

7.) Varieties of payment options – Professional binary options trading platforms provide varieties of payment methods such as Paypal, bank transfer, credit card, etc. Look for such binary or digital options broker that offer multiple forms of payment withdrawal options.

8.) Higher bonuses – Some digital options broker offer up to 25% bonuses to their traders that also depend upon total turnover and initial deposit amount from the traders. Look for such trading platforms that offer higher bonuses to their users.

9.) Top notch customer support – High quality customer service is equally important to get timely support and assistance during all types of trades. Professional digital trading brokers and platforms always provide customer support in varieties of languages and via multiple platforms such as email, live chat, and telephone support.

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