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MT4 Binary Options Broker

  • #1
  • First Post: Apr 10, 2016 10:31am Apr 10, 2016 10:31am
Anyone can share their success with Binary brokers and system

Also which one accept USA/CAD citizen
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #2
  • Apr 10, 2016 12:48pm Apr 10, 2016 12:48pm
Well my broker Hotforex runs BO platform (if i remember its called optiontrade) but I don't like BO and recommend newbies to start with traditional CFD instruments cuz you can control risks and have more tools to manage your positions. Its just up to you - do you seek financial betting or learn currency trading with its plethora of technical and fundamental analysis, indicators, systems, etc.
  • #3
  • Apr 10, 2016 12:57pm Apr 10, 2016 12:57pm
Binary options is not trading, it is a casino, like a slot machine, impossible to win because the house always have the edge,
just forget about it, it's a total scam
Bulls are stupid Animals!especially when Im short!
  • #4
  • Apr 10, 2016 2:13pm Apr 10, 2016 2:13pm
Thanks guys -- still looking for mt4 broker (BO)
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #5
  • Apr 11, 2016 4:05am Apr 11, 2016 4:05am
Hi zamanib,

Binary options trades are not put on MT4. Most binary option brokers offer a web platform.

I am using Binary.com. No complaints so far. Good payouts (sometimes more than 100%, whereas most other binary option brokers offer 72-85%). Fast withdrawals. I would recommend them. Don't know if they accept US/CAD citizens.
  • #6
  • Apr 11, 2016 4:24pm Apr 11, 2016 4:24pm
Thank guys -

I found these guys - still demo-ing

If anyone using these please give your feedback


http://www.gdmfx.com/en/platforms/binary-options

https://starfishfx.com/en/binary-options/
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #7
  • Apr 11, 2016 11:36pm Apr 11, 2016 11:36pm
Quoting roughtrader
Binary options is not trading, it is a casino, like a slot machine, impossible to win because the house always have the edge, just forget about it, it's a total scam
I don't agree but find no point to protest it. I also don't know how binary brokers earn money through client orders. But no matter if they are against trader or not, it's like we are playing with them with financials figures instead of casino games (with house edge is always larger)
  • #8
  • Apr 15, 2016 1:20pm Apr 15, 2016 1:20pm
Quoting hoangforex
{quote} I don't agree but find no point to protest it. I also don't know how binary brokers earn money through client orders. But no matter if they are against trader or not, it's like we are playing with them with financials figures instead of casino games (with house edge is always larger)
Your reward to risk is always negative, therefore you can not win, it is absolutely totally impossible.
sure you will win a few trades here and there, but in the long run you are screwed.
there is no way you can ever be a winner trading binary options,
you can use it as a casino at your own risk, play it sometimes to have fun,
but for investment and serious trading ,just forget about it.
Bulls are stupid Animals!especially when Im short!
  • #9
  • Apr 16, 2016 5:30am Apr 16, 2016 5:30am
Quoting roughtrader
{quote} Your reward to risk is always negative, therefore you can not win, it is absolutely totally impossible. sure you will win a few trades here and there, but in the long run you are screwed. there is no way you can ever be a winner trading binary options, ...
Binary options is much simpler than regular forex trading, but with higher risks, that is for sure. To succeed in binary options, you have to be really good in your analysis of the market. Anything less than 75-80% winning ratio is dicey (depending upon the rate of return offered by the broker).

And it is not true that reward to risk ratio is always negative. On certain types of contracts, you get more than 100% return.
  • #10
  • Jul 17, 2016 11:54pm Jul 17, 2016 11:54pm
I started trading binary options with optiontrade and found it good, they recommend downloading Mt4 client from their hotforex site for having a better insight of analyzing charts. I think it is easier than forex trading and can also be used for hedging forex trades too.
  • #11
  • Jul 22, 2016 12:19am Jul 22, 2016 12:19am
We can use MT4 for helping our binary orders, I haven't seen any binary options broker using MT4.
  • #12
  • Jul 22, 2016 12:41am Jul 22, 2016 12:41am
Quoting hoangforex
We can use MT4 for helping our binary orders, I haven't seen any binary options broker using MT4.
GDM Forex
  • #13
  • Jul 23, 2016 4:31am Jul 23, 2016 4:31am
Quoting hoangforex
We can use MT4 for helping our binary orders, I haven't seen any binary options broker using MT4.
It's true and i think there are very few binary options brokers which can be counted as decent one..
  • #14
  • Aug 19, 2016 3:22am Aug 19, 2016 3:22am
Hi,

Also currently looking for a Binary Broker.

I also heard that there are some MT4 brokers that offer binary trading on their MT4 platform, you select it from "Market Watch" list. Will be "EURUSD.bin" as an example.

What I need from my Binary broker~
I would like to be able to select my expiry of the trade eg. 15, 30 minutes.
If possible close the trade early for a profit even if it is 35%
Obviously pay out quick, regulated etc.

Making money with binary is totally possible & might even be easier that spot trading if you know what you are doing ;-)

Many thanks.
kevinfxtrader blogspot com; 50 PIPS Per Day
  • #15
  • Last Post: Aug 31, 2016 9:17am Aug 31, 2016 9:17am
Exactly, you can make a bundle with BO if you know how to analyze shortterm price action, which is the same as longterm since the price structure is fractal.

But you need quick instincts, proper indicators and guts. As to money management, you only risk 1-5% of your capital/trade.

With Dukascopy you get 90% payout, which means 34% breakeven ratio.

The "gambling" bullshit comes of course from less knowledgable people and losers.
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