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I want a good regulated binary options broker

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  • Post #21
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  • Sep 19, 2013 11:16pm Sep 19, 2013 11:16pm
  •  ForexDao
  • | Joined Dec 2011 | Status: Member | 115 Posts
binary is the worst thing. The way its business structure you have no chance and no choice but to chose what they offer.
All market wizard out there give you a free software just try to get you sign up with the broker they are affiliate with. For get that kind of garbage man
Stick with forex way better. Anyway if you want to go for it still the broker I think the good choice would be Goption and 24option. good luck with your venture
 
 
  • Post #22
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  • Sep 20, 2013 3:56am Sep 20, 2013 3:56am
  •  Danny Maina
  • | Joined Mar 2013 | Status: SMART TRADES ONLY! | 675 Posts
seriously good luck in finding any one those, I wonder if any sane financial authority would accept to regulate a gambling den.............
 
 
  • Post #23
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  • Sep 22, 2013 10:40pm Sep 22, 2013 10:40pm
  •  jlangeles
  • | Joined Aug 2013 | Status: Junior Member | 3 Posts
Maybe IronFX, they hold FSA regulation: http://www.leadingforexbrokers.com/b...kers/regulated, both they also hold the one from Cyprus so it's a bit doubtful, anyway, why don't you check some reviews, not everything is that bad: http://www.leadingforexbrokers.com/reviews-binary
 
 
  • Post #24
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  • Jun 19, 2014 4:33pm Jun 19, 2014 4:33pm
  •  rtsurvivor
  • | Joined Oct 2008 | Status: RT... | 8 Posts
Quoting thesiusmaxim
Disliked
{quote} Hey bravester, If you can, would you be able to tell me who regulates Nadex? I'd greatly appreciate it. Thanks very much.
Ignored
The CFTC ( United States Commodity Futures Trading Commission ) out of Chicago regulates NADEX. There are some rumors that they (CFTC) plan on expanding their guidelines and letting others into the herd. So far, the biggest feature of NADEX is that
there are no problems withdrawing funds.

Also, the NADEX is restricted to US residences only.

RT..
{Promotion Removed}
 
 
  • Post #25
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  • Jun 25, 2014 7:03am Jun 25, 2014 7:03am
  •  stevefosterf
  • | Joined Jun 2014 | Status: Junior Member | 2 Posts
What are the best brokers out there and do regulations really matter? Thanks
 
 
  • Post #26
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  • Sep 22, 2015 1:08pm Sep 22, 2015 1:08pm
  •  cliffedwards
  • | Membership Revoked | Joined May 2006 | 3,625 Posts
Nobody seems to have mentioned Dukascopy?
The Dukascopy platform I use offers a unique if quirky contract. Simple STF put/call only. Fx ONLY.
1.The price feed is the same ENC feed /with same spreads as their spotFx tick.
2. Clients puts/calls are priced off the applicabe bid/ask from that feed, at execution. E$ normally 3.(on a 5 digitFeed)
3. if strike is same as entry ..you loose. Strike must be ITM.
4 Strikes are NOT at minute/hour end but 60 secs/5mins/60 mins FROM EXECUTION TIME.
5. payouts are normally 85-90%. E$
6. Finally, there is a builtin 2 second delay from the Dukas OBtradeservers reciept of traders execution instruction, and actual execution. This clearly creates a risk for clients in the two seconds following a placement, when a spike tick can give trader either a better or worse entry to that which they clicked on. I understand its there to stop traders/bots exploiting a sudden spike with a fast click.

No problems with redemption. Swiss regulated. Long established reputable Fx broker. Easy signup for EU nationals..
Dont know but probably US residents/citizens not accepted.
A 14 day renewable demo version is available.
Currently having platform software problems with price freezes.. but Dukas main feed always available on alternative channels..
Worth looking at.
Worth considering with Nadex and IG markets who offer much wider range of instruments and contracts.
 
 
  • Post #27
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  • Dec 26, 2015 8:51am Dec 26, 2015 8:51am
  •  chrisxhernan
  • | Joined Oct 2014 | Status: Member | 54 Posts
Nadex currently is the only authentic trading exchange for US Binary Options traders.
 
 
  • Post #28
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  • Jan 25, 2016 12:47pm Jan 25, 2016 12:47pm
  •  horns
  • | Joined Jan 2016 | Status: Junior Member | 3 Posts
Quoting cliffedwards
Disliked
Nobody seems to have mentioned Dukascopy? The Dukascopy platform I use offers a unique if quirky contract. Simple STF put/call only. Fx ONLY. 1.The price feed is the same ENC feed /with same spreads as their spotFx tick. 2. Clients puts/calls are priced off the applicabe bid/ask from that feed, at execution. E$ normally 3.(on a 5 digitFeed) 3. if strike is same as entry ..you loose. Strike must be ITM. 4 Strikes are NOT at minute/hour end but 60 secs/5mins/60 mins FROM EXECUTION TIME. 5. payouts are normally 85-90%. E$ 6. Finally, there is a builtin...
Ignored
Are you still trading BOs with Duka?
If so, with Duka SA or EU? I've read that the EU division is actually located in Latvia and that the Latvian Regulator is about as useless as CySec.
 
 
  • Post #29
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  • Feb 3, 2016 5:24am Feb 3, 2016 5:24am
  •  sigill
  • | Joined Feb 2016 | Status: Member | 79 Posts
Quoting balefx
Disliked
Just go to a casino website. Red/black = binary options
Ignored
Quoting janie8
Disliked
Binary option is like gamble. I'll suggest you "Don't invest on Binary Business". Just learn real forex business and invest when you will be an expert trader.
Ignored
Hmm. I don't see how U.S. binaries are any more a gamble than spot FX. Think: what is a trailing stop? The ability to withdraw/close the order at any time for partial profit. That's a requirement for U.S. binary brokers.

Suppose you have a genuine edge in spot FX, that involves setting specific price targets. This should translate directly into purchasing options near said price targets.

Are all binary brokers cut-throat bucket shops that spike all their traders? Maybe that is so.

But on the surface of it, I fail to see how setting targets in binary is any different from a TP-based strategy in the spot market. Of course, binaries aren't appropriate for all strategies, but for some they seem to offer a watertight escape from that deadly "losses in excess of your investment" clause. Am I missing something?
 
 
  • Post #30
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  • Feb 3, 2016 9:23am Feb 3, 2016 9:23am
  •  BrandonD
  • | Joined Feb 2016 | Status: Member | 5 Posts
binary options trading for itself is not casino but this industry who grew from the gambling world makes it one big casino.
take any broker you want and check it's payouts on the indices section - you will find out its around 70%...
70% for you means more than 140% for the broker!!! why is that? because if your loss = broker's profit and opposite:
if you buy option with 50$ and 70% payout then you profit 35$ or lose 50$ and your broker that is on the other side either take your 50$(broker profit) or give you your 35$ if he loss (broker risk) so now you can see that his payout is 142.8% (payout= profit/risk (50/35)*100= 142.8%

it's even worse when it come to the big gambling method called 30/60 seconds - as anyone knows your ability to predict the market in one minute is pretty much zero therefore your odds is like when you flipping a coin -50/50 and the payouts you get are even lower... around 60% so if you gamble for 50$ you going to get 30$ profit or loss 50$ and your honest broker? he will profit your 50$ or pay you your 30$ so his payout is....................... 50/30*100= 166.6%!!! almost 3 times better than yours
now I want see someone who is willing to play with me heads or tail but I put 30$ every round against his 50$
 
 
  • Post #31
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  • Feb 3, 2016 9:02pm Feb 3, 2016 9:02pm
  •  sigill
  • | Joined Feb 2016 | Status: Member | 79 Posts
"your ability to predict the market in one minute is pretty much zero" - I've seen a few scalpers with records that would disagree with you. But at most people's skill level, yes that is tantamount to gambling. No legitimate trader would be doing that.

IMO, the 70% figure is an acceptable premium for limited risk. That's the only reason I'd move to binaries.

Not sure what the consensus on FF is re: the global economic state, but if a force majeure wasn't a real possibility, I doubt unlimited risk clauses would be so ubiquitous, being such a turn-off and all.

Thanks for your comments.
 
 
  • Post #32
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  • Feb 3, 2016 10:35pm Feb 3, 2016 10:35pm
  •  Badem
  • | Joined Jan 2016 | Status: Stackin pips | 112 Posts
Vantage FX are ASIC regulated and offer binary options.

HOPEFULLY you start off trading binaries, see that you can make so much more money with so much less risk trading forex and you just move your account across.

Hopefully... For your sake...
 
 
  • Post #33
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  • Feb 3, 2016 11:23pm Feb 3, 2016 11:23pm
  •  sbc
  • | Joined Dec 2014 | Status: Member | 311 Posts
i would suggest CMC Markets or IG ( preferred CMC though ) ..both regulated and simple neat platform with good returns payout.
 
 
  • Post #34
  • Quote
  • Feb 4, 2016 4:40am Feb 4, 2016 4:40am
  •  BrandonD
  • | Joined Feb 2016 | Status: Member | 5 Posts
thank you for your comments folks.
I know a few scalpers myself, most of them won't touch that 60 sec options and even not try it, among other things because:
- Probability: if your return is 60% then you must be right at 62.5% from your trades in order to be break even, if you make 40 trades for 100$ and 60% each you can see that if you win 62.5% of them (25 trades) then your profit is: 60$*25=1500$ and you lose 15 trades (40 total-25 winning trades=15) so your loss is: 15*-100$=-1500$. 1500$-1500$=0. congratulations! you win 62.5% of the times and your profit is zero. Even the most talented scalpers knows that those odds are hard to beat and for beginners- impossible.
- When you want to trade in those unfair conditions you at least need to know that you always can make a trade if you want to and this is not the case from my experience (and from dozens of youtube videos..) and specific when it comes to big amounts. you also need to know that the rates are accurate and no one is "playing" with them and in the bo industry this is very hard to find because let's face it - the broker takes the other side and he always want you to lose your money so he'll do whatever needed for you to be OTM including changing rates.
About cms markets I couldnt find what the payouts there but for me as long as you trade against the broker and he gets 2 or 3 times payouts than yours it's game where you eventually say goodbye to your money
This is why binary options should be traded in exchange and in peer to peer method where the trading in between the traders themselves not against the "house" ,that will cut the broker's crazy margins and allow the traders to get normal payouts.
"IMO, the 70% figure is an acceptable premium for limited risk" i am sure that you would love to get higher payouts than 70% but you can't get them cause you must take what the broker offers you to make a trade but what if instead of buying call option you will sell a put option (same effect) and offer the buyer 90%(!) for his trade? your payout will be 111% (1/90%*100) - everybody happy (besides the brokers )
 
 
  • Post #35
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  • Feb 4, 2016 6:08am Feb 4, 2016 6:08am
  •  skoda2008
  • | Joined Mar 2010 | Status: Member | 224 Posts
Cantor exchange is a true exchange for binary options, but at the moment is limited to US residents and the liquidity is low.

It is the only fair way to trade BO's in my opinion.
 
 
  • Post #36
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  • Feb 4, 2016 11:32am Feb 4, 2016 11:32am
  •  BrandonD
  • | Joined Feb 2016 | Status: Member | 5 Posts
Quoting skoda2008
Disliked
Cantor exchange is a true exchange for binary options, but at the moment is limited to US residents and the liquidity is low. It is the only fair way to trade BO's in my opinion.
Ignored
I couldn't agree with you more that trading binary options in p2p systems it's the only fair way to do it.
I think that one main reason for the poor liquidity at cantor (and nadex as far as I know) is that it's very complicated to understand what is going on there and the average trader wouldn't guess it's binary options platform...
Those platforms doesn't talk, look and feel like regular binary options brokers (I call them "houses") does and therefore most of the traders stay away simply cause they
don't get it - The strikes instead of spots, the terms of contracts and 0-100 instead of simple percentages are the main reasons for those misunderstandings from my point of view.
Someone from another forum sent me a link to a new exchange that called tradequal and I'm going to check it, keep you updated.
 
 
  • Post #37
  • Quote
  • Feb 5, 2016 9:42am Feb 5, 2016 9:42am
  •  skoda2008
  • | Joined Mar 2010 | Status: Member | 224 Posts
It's all very basic if you've come from a stock options background, but unfortunately most have come from being ripped off by so called, "brokers". Cantor is brilliant because they essentially let you become the market maker if you are API and traditional options savvy. I am, but unfortunately not US based.

Tradequal, okay yes it does give me the option to buy or write a call or a put, unlike most binary options which are all calls, but I'm guessing there's no liquidity or if it is it comes from a market maker who won't touch it unless it's a good deal for them?
 
 
  • Post #38
  • Quote
  • Feb 5, 2016 1:20pm Feb 5, 2016 1:20pm
  •  BrandonD
  • | Joined Feb 2016 | Status: Member | 5 Posts
What Tradequal did is to take the standard terms of stock options trading (vanilla) where you don't buy or sell the asset like in cantor but use call and put option which you can buy or write and I think that this way makes it much more understandable for the traders who trades binary options today against the broker.
I didn't found nothing about an API in the website but maybe they give it.. and if not I guess that they will give it in the future cause it makes a lot of sense.
From what I saw and understood tradequal is quite new platform and therefore the liquidity is pretty low but I've seen no less than 85% payout to the buyers on all assets which its much higher than the houses payouts and I believe that there are market makers there that gives those payouts and I can tell you that I wrote some options there and got matched a couple of time.
The simple fact is that the payouts will raise as long as traders start use this platform (more liquidity=higher payouts) and I think they have a good shot because it will attract also the BO regular traders who will come to buy options in much higher payouts.
I think that maybe I should start a new discussion about Tradequal so people here will know that there is another binary options exchange and maybe they'll find it more simple to understand than the nadex/cantor forms.
 
 
  • Post #39
  • Quote
  • Feb 5, 2016 2:38pm Feb 5, 2016 2:38pm
  •  leebsurag
  • | Membership Revoked | Joined Oct 2013 | 877 Posts
Quoting zelenko
Disliked
hey everyone can you give me the name of a good regulated binary options broker and i wish it to be regulated in uk or usa i don't trust in Cyprus
Ignored
As far as I know binary brokers are not authorized to offer services for US citizens. You can check Optiontrade, they have Mifid regulation, its EU watchdog if I remember.
Why you choose BO instead of CFDs?
 
 
  • Post #40
  • Quote
  • Feb 5, 2016 8:25pm Feb 5, 2016 8:25pm
  •  Fedricks
  • | Membership Revoked | Joined Sep 2014 | 413 Posts
Honestly i am not aware of too many Binary Option brokers, but ones i have heard about is 24options, Anyoption while some Forex brokers also play dual role like Nova fx or Instaforex...
 
 
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