Binary Option Brokers

Hi All

I`m currently working on something that seems to work 75 - 80% trading binary options with an expiry time of 5 minutes. Does anybody have any experience trading BO with a good success rate, if so has your broker closed you down if you are winning constantly. If not do you care to share your broker.

Any feedback would be great, thank you.

If your win rate is high,short of shutting you down, BO brokers will do anything they can to untrack your normal trading. Here's a short list (1) change your expiry times (2)make their order screen unresponsive or ultra sensitive to induce input entry errors on your part (3)reload your order entry screen causing you to re-enter your trade parameters(4)give you massive negative slippage in excess of 1.5 pips from their own board prices(5)create expiry prices that differ markedly from all other broker prices but are always in their favor (6) fail to clear completed trades from their active trade list thereby not crediting a winning trade and causing a major , for me, distraction.(7)causing negative slippage by delaying order execution until the first negative tick against your position occurs. The list goes on beyond the actions enumerated above. Remember this : you are ALWAYS in an adversarial contest with your binary broker, your gain is their loss and vice/versa and the only way they make money is by you losing yours. There is no such thing as an honest binary broker. Caveat emptor.

Thank you for your rely, changing times and all what you have said will not make any difference if you still win constantly I think they will still shut you down. Come on I`m sure there are traders out there who are winning without any problems. If you are out there with positive results without any broker problems regarding winning and withdrawing please let me know, maybe I can give you an insight what I have developed.

If you can overcome the impediments I outlined above and still win constantly than I congratulate you and wish you continued success. But then, why worry about them shutting you down. I'm sure you can translate your option wins , employing the same basic strategies, into a winning strategy trading regular spot forex, perhaps using a little more finesse when it comes to limiting losses and taking profits. I would welcome any insight into what byou have developed

Hi eyeball, again thank you for your reply. I know of a few traders who constantly won trading BO, they were closed down in a matter of weeks. Just having a light bulb moment, maybe trading a few accounts will keep them happy, loose some win some overall a win win situation.

Hi eyeball

Trading the AO indicator on a 5 minute expiry, put it on your chart and back test. You just have to know how to read it, give it a go you will be amazed. There will be losses of course overall its amazing.