If you’re looking for that one tool that can make your trading life a lot easier, you should consider Bollinger bands. These three lines can help you out a lot with sorting out the stuff you see on your trading chart, which is why we decided to write an article that will introduce you to them. The concept is fairly simple, so even beginners should have no problems grasping it. As a matter of fact, using it can be a great transition towards more serious trading levels. Simply, it’s all about market statistics. Therefore, if you’re looking to up your trading game a little, all you have to do is read on.
Bollinger Bands | Three main lines
Now then, the three lines you get on your screen show you in which range you can expect the price to move. The middle line represents the so-called moving average, while the lines above and below it show how much the price moves away from the average. Therefore, these three lines show you what to expect from a price, i.e. how much it’s supposed to move from its average. This helps avoid Overtrading. Naturally, these lines can be broken, but because Bollinger bands are based on a huge amount of statistical data, the chances for that are very slim (some say they are lower than 5%). Because of that, with this tool, you can predict with a fair amount of certainty the limits an asset can reach. However, you still need to be careful. Why? We’ll explain below.
Bollinger Bands | Market conditions
You see, the gap between top and bottom Bollinger bands won’t always be the same. When a market is pretty sure about an asset, the gap will be significant because there won’t be many price changes and thus the price’s upper and lower limits will be firmly established. The thing is that this gap can narrow down significantly if something happens that will disrupt the market’s stability. Maybe a new GDP report comes out or some important piece of political news is issued, but the less the market is sure about something, the narrower the gap and it becomes easier for the price to break the two lines. So try to analyze the situation on the market first – if there’s nothing out of the ordinary, Bollinger bands will be of great help to you.
Bollinger Bands | Conclusion
If you want to predict where the limits of a price’s movements are, this is the tool for you. Bollinger bands help you acquire this important information by analyzing statistical data and making predictions with a very high degree of accuracy. However, do keep an eye on it because in hectic market conditions this tool is not so efficient. Still, they are a great addition to any trading strategy which you can build with the help of our other educational article on this website. Take a look around and immerse yourself in the exciting world of binary options.
Daweda Exchange is still a relatively new broker, given that the company was only launched in 2015. However, due to their unique offer, they are now among the most popular trading companies around, and the number of people trading with them on regular basis is steadily growing. The reason for that has to be the peer-to-peer trading system this company has developed, and we will tell you all about that and all other features right here in our Daweda Exchange review. Our team has researched these guys extremely thoroughly, so if you want information about them you are most certainly in the right place. Sit back and enjoy the ride because we have loads of interesting things to tell you. Let’s go!
Daweda Exchange Review | Trading platform
Like we already said, the type of trading you will experience here is unique. This is not your typical binary options trading because here you will be going against other traders – this is the so-called peer-to-peer trading system. To make this possible, Daweda had to build its trading platform from scratch, but we have to admit that they have done an excellent job. The system runs exceptionally smoothly and constantly receives the latest information from the market, meaning that you can make all your decisions even if you just glance at the screen. The reason for such a superb performance is the platform’s power: it can deal with more than 100.000 messages each second and go through more than 150.000 orders in the same period. With that kind of power, latency can never be an issue, so you can expect your trades to be executed within a nanosecond. On top of that, everything is very well designed and quite intuitive, so even complete beginners will quickly understand how to proceed. However, there is one feature of this platform that simply needs to be analyzed on its own because something like that cannot be found easily in the rest of the binary options industry. Keep reading and you’ll see what we mean.
Daweda Exchange Review | Autotrader
Yes, on this website you have the option to use the Daweda Exchange auto trader, otherwise known as Daweda ATS (Automated Trading System), and our Daweda review wouldn’t be complete if we didn’t mention it. The thing that separates this feature from other similar ones you can find in the rest of the trading industry is the fact that you can program the software in full accordance with your wishes. Most importantly, you get to choose your closing points, i.e. the amounts of profit or loss after which the autotrader should stop trading. Apart from that, you can choose the strategy for your Daweda robot and a number of contracts and trades Daweda ATS can execute. Once you’re done with that, all you have to do is choose the asset you want your automated trader to focus on and the robot will do the rest.
We should mention that you cannot use this feature if you only trade via a demo account – a deposit of at least 350$ is required to activate it (we will talk about the deposit process later on). However, once you make that deposit, Daweda Exchange auto trading will be available to you for free and you will be able to use it however and whenever you want, without any limitations.
Daweda Exchange Review | App
Another great thing about this trading platform is that it is also available as an app, which is another proof that Daweda uses only the latest technology. Daweda app runs on both Android and iOS devices, so pretty much every smartphone and tablet these days can be used to trade on the go with it. You will lose nothing compared to the desktop experience if you decide to go mobile because all features that make Daweda what it is are available in this version, too. A substantial amount of statistical data is there to help you make the right choice, and you can also easily browse your trading history with this app. The product can be downloaded for free from Google Play and the App Store, plus there are absolutely no fees that will pop up after you install this app onto your mobile device. We checked that ourselves. In other words, you will not have to spend a single cent on this.
It is worth pointing out that the design is extremely intuitive, so you can monitor and manage your trades with just a few taps on your touchscreen. This is probably why this app got such great reviews from the traders who used it, and we must say that we pretty much agree with them: Daweda mobile app is worthy of your time if you’re constantly on the move, but still want to trade. However, the company still has a lot more to offer, so read on!
Daweda Exchange Review | Demo Account
Since we have already touched upon it in an earlier paragraph, let’s discuss Daweda demo account some more, shall we? This is another feature that shows this company’s specific approach to traders because all you have to do to access it is go through the login process. Once you sign up with Daweda, your demo account will be automatically activated and you will be taken to it immediately. You don’t have to apply for it or open it separately from your real trading account – it’s right there as soon as you create your profile. When you’re ready to start trading for real, you just make a deposit to that same account and that’s it. Simple, right?
After the login is complete, 500 virtual dollars will also be awarded to you and you will be able to use them as you see fit. Apart from the virtual money and the above-mentioned auto trader, everything is just like you’re trading for real, so we really do recommend you spend some time with Daweda demo account to see how peer-to-peer trading works. You can also use it for educational purposes because the company offers a whole lot of materials to help you expand your trading knowledge. But we’re just getting started with our Daweda Exchange review, so don’t go away!
Daweda Exchange Review | CySEC
If you thought that because of this new type of trading Daweda is a scam, you were completely wrong. Not only was our experience on this website completely free of any fraud attempts, but Daweda is also fully regulated by CySEC, which is probably the best possible proof of their reliability we can give you. MiFID guidelines and internationally recognized anti-money laundering policies are followed down to the letter, so you can rest assured you and your money will be treated with care and respect every time you log in to trade here. If you want to check things out for yourself, Daweda has the license number 289/16 and you can easily find them on CySEC’s website. If you don’t know why Daweda’s CySEC license is such a big deal, allow us to say that this agency is responsible for the whole EU, which means every company that applies for the license is thoroughly examined and tested. The agency has hundreds of financial subjects under its control and is very strict when it comes to issuing licenses, so you can rest assured Daweda has met some very high criteria indeed. This especially goes for the money transfer methods accepted here, something we will be talking about in the next part of our Daweda Exchange review.
Daweda Exchange Review | Minimum deposit and withdrawal
First of all, let’s take a look at the ways you can deposit and withdraw your money here, something that is absolutely vital if our Daweda review is to be complete. Bank wire transfers, credit cards (Visa, MasterCard), Skrill, Neteller, and WebMoney can all be used, so you really shouldn’t have any problems with money management on this website. We have tested every single method ourselves, and the funds were delivered within the promised deadline every time, all in full accordance with what the company promises. Again, no signs of any kind of Daweda scam were observed, but considering what we talked about in the previous paragraph, this really isn’t a very big surprise. However, we will mention that all your financial data is protected by a very reliable SSL encryption system, so not even Daweda will be able to access it. Only you will be able to do that via your trading account. But let’s now get to the numbers.
Daweda Exchange minimum deposit is set to exactly $100, which makes this kind of trading pretty accessible to everyone because the average amount a standard binary options broker will ask from you is somewhere around $200 or $250. Therefore, Daweda is at least twice as accessible as most of their competition. But don’t think that because of this lower requirement you won’t be able to do some serious trading. Quite the contrary, the minimum trade here is only $10, so you’ll have plenty of chances to strike it rich.
As for Daweda Exchange withdrawals, we can only say that they work perfectly (not a big surprise there given what we said in the previous part of this Daweda review).The minimum amount here is also 100 USD, but you get one free withdrawal per month. Any additional transactions will involve a $25 fee. It is worth noting that your withdrawal will be processed within just 24 hours, which is quite fast, and that you also have the option of cancelling your request if you change your mind. The cancellation, however, needs to be made before the processing is done.
Daweda Exchange Review | Bonus
When we were examining the website, we found no signs of any bonus offers that would directly affect your account balance. However, that does not mean there won’t be any in the future – perhaps we just missed a good bonus opportunity. Yet, there is one thing in the broker’s offer that can be considered as a form of Daweda bonus and it’s without any time limitations. You see, payouts here are always 100%. That’s right, ALWAYS. This means that you will double what you invest in every trade if it goes your way. That is also substantially higher than what most binary options brokers offer because their payouts usually go up to 85%, but are often even lower than that, about 70%. The difference is, as you can see, quite significant and can be taken as a form of bonus because you certainly get more for your money this way. On top of that, there aren’t any conditions you have to meet to withdraw that extra money. You have to be aware, though, that the house takes 5% of each position, but that still ends up being way above what other types of trading have to offer. However, we’re not done with Daweda Exchange review yet, so stay tuned!
Daweda Exchange Review | Complaints
We must say that we really don’t have any serious objections here, but what about other traders? Do they agree with us or do they have any big Daweda complaints? Well, we talked to several people who traded or are still trading here, plus we visited numerous trading forums and the conclusion is that this company checks out. Every person serious enough to talk to us agreed that Daweda can be trusted. True, some people decided that this type of trading is not for them, but that was due to their own preference and not because something went wrong.
Of course, not every single trader we interviewed was thrilled about this company, but the people who did have some complaints proved to be unable to back their claims up. Often, they complained about their trades going in the directions opposite of what they expected, which is hardly Daweda’s fault. Furthermore, when we asked them to present some evidence about the thing that was bothering them, they never seemed to have any. It is our impression that a lot of people who are actually complaining against this company do not fully understand how binary options trading works and expect to see profit right away. Because of that, we have to side with our experts who tested the platform and with the people who are satisfied with the quality of offer on this website. Therefore, our Daweda Exchange review remains positive.
Daweda Exchange Review | Support
And one of the reasons for that is the quality of Daweda support. Whatever you want to know about this company, whichever problem you need to solve, these people will help you. They are an extremely well coordinated and trained team, with loads of trading experts among their ranks. You can contact them in several different ways, including live chat, e-mail and phone, plus there’s also a contact form you can fill out on the broker’s website. In addition, you can also fax them or use the traditional mail if you need to because the company’s address is also available on the website.
However, the thing that surprised us the most about Daweda’s support is the fact that help is available in many different languages. Namely, you can communicate with the staff in German, English, French, Russian and Arabic, so pretty much every trader in the world should be well covered (except traders from the US, which are not accepted here, unfortunately). On top of all this, the whole website is full of information and answers that will help all traders, especially beginners, get used to the environment here. All in all, you are in very good hands. With that, we’re almost done with this Daweda Exchange review – the only thing left for us to do is to wrap things up with a conclusion.
Daweda Exchange Review | Conclusion
We believe this article has pretty much covered every important part of this company’s offer and that all traders will find what they want to know here. After such an extensive examination, we can only conclude that Daweda Exchange is a safe, reliable and very professional company with a slightly different approach to binary options trading. They are regulated by CySEC and use the very latest technology to make sure all trades and orders are executed immediately, so we firmly believe you will enjoy your trading experience with them. Loads of other useful features will help you with that too: Daweda mobile app, Daweda ATS, great support and a handy free demo account are just some of them. Although they have been around for less than two years, this company has already amassed quite a following and people from all over the world come to their website on daily basis. It should also be mentioned that the support here is available in five different languages, so the chances are you’ll be well covered. The only thing left for us to say at the end of this Daweda Exchange review is this: open an account with them and you won’t regret it!
Commodity Channel Index (often called the CCI) is another tool designed to help you make the right trades on the binary options market. It is an oscillator, and we will look at it as such in this article, although in some instances you will find that it is considered to be a simple trend indicator. This is why you may sometimes find it in different sections of your trading platform. Nevertheless, we are going to show you how to use it, so that you can add one more weapon to your arsenal in your battle for profit. Keep reading and see what this interesting tool has to offer.
Commodity Channel Index – CCI | Basic features
Just like any other oscillator, the Commodity Channel Index will also appear below your Binary Options Chart. Usually, the levels plotted on it by the brokers are 100 and -100, but don’t think the CCI can’t go pass those two numbers – it can and it does so fairly often, especially when a strong trend appears. These two levels are just another way of designating overbought and oversold territories, so the usual rules apply here: if the oscillator has hit its overbought level prepare to start buying put options, but if it’s in the oversold waters you want to go with call options. But that’s not the only way you can use the Commodity Channel Index. Stay with us and learn more about it in the next paragraph.
Commodity Channel Index – CCI | Another way to use it
Another thing you can do with the CCI is to plot the 0 level on it and use it as a reference point. In other words, every time the oscillator breaks it you can expect the trend to last. Therefore, if the 0 level is broken while the line is traveling downwards you will want to start buying put options (but only until it reaches the oversold area) and if it is broken in the other direction you want call options. One thing to be very careful about here is the Expiration Time because the Commodity Channel Index is well known for its sensitivity. It can change its behavior very quickly, so its period becomes extremely important. The oscillator is usually plotted on 14 periods, and we recommend you leave it at that until you become more familiar with the way it works.
Commodity Channel Index – CCI | Conclusion
And those are pretty much the main things you need to know when you’re using the Commodity Channel Index. It’s not very complicated, but you have to be ready to react quickly because the index in known to be very sensitive. Additionally, it’s always a good idea to confirm the data you’re getting this way with some other tool, just to keep things nice and safe. If you need more tips about trading on the binary options market, just take a look around our website. There are loads of articles like this one here.
A newcomer to the trading industry, BetOnFinance knew they had to offer something very different if they were to succeed in this business. And offer it they did! This company takes a completely new approach to the whole trading process and introduces the concept of financial pool betting to the market. This BetOnFinance review will explain that and absolutely everything else you need to know about the way these guys work. Our team has spent a lot of time examining every single part of the company’s website, the place where everything happens, and they have some very interesting information to share with you. If you’re looking for something different and exciting, this is most certainly the solution. Read on!
BetOnFinance Review | What is pool betting?
To help you follow this BetOnFinance review more easily, we will first explain what pool betting is. This concept is most often used in horse racing and allows players to bet on one of the offered outcomes. The payouts are not fixed, but vary depending on how many players choose a particular outcome. In our case, if just a few traders invest in one of the offered options they will stand to make a lot of money if their prediction turns out to be correct. The more people invest one option, the less profit will be paid out to them if they get things right, so essentially everything boils down to probability, but this probability is based on how many people choose a certain outcome. If you can find an option that was not chosen by too many people and it turns out to be correct, you can multiply your initial investment several times. That’s the main advantage of this way of trading – payouts can be much higher than in regular binary options. If you can react when you see that most other people are wrong, you could indeed win a lot. There’s also a pretty neat catch to all this: pool betting is classified as a gambling product, not as a financial product, although you do in this case invest in the outcomes of events on financial markets. The reason why this benefits you is that everything you make is exempt from taxes (at least that’s how things are done in the EU) and you retain all your winnings, no matter how big or small they are.
BetOnFinance Review | Available games
So which BetOnFinance pool games can you choose here? Well, at the moment, there are four main types of games, but it wouldn’t surprise us if the company comes up with some new choices in the near future. Nevertheless, the options you have at the moment are more than enough to have fun and make some money in the process. We must also mention that the platform all these games are based on was developed by the company’s own team. It works absolutely flawlessly, without the slightest glitch, so we can only congratulate these guys on a job well done. But let’s get back to the games. First, you have the Stock Race – all you have to do is guess which stocks will end up in the top three and which will be in the bottom three, i.e. you have to guess which stocks will perform the best and which will perform the worst on the market. Apart from that, you have the IPO game, where your task is to predict the behaviour of an IPO (initial public offering) price. You can also bet on indices and try to predict by how much they’ll go up or down. Of course, you don’t need to guess exactly by how much an index will move, but only give a rough estimate. Therefore, you can choose a move between 0 and 0.25%, 0.25% and 0.5%, 0.5% and 0.75 etc. Finally, there’s also the game where you guess which CEO of a big company will be sacked next. In the event that a game has no winner, the prize pool will simply roll over to the next game and you will compete for even bigger prizes in the next round. As you can see, there are plenty of options, but our BetOnFinance analysis is just getting started.
BetOnFinance Review | Is BetOnFinance legit?
Is BetOnFinance a scam? If you asked yourself that after hearing about this new type of trading, this is the paragraph for you. And we have some really good news in this respect. First of all, after testing all available games we can say that they all work just fine. The information you’re given is 100% accurate and absolutely no attempts were made by this company to influence the outcome of a game or to manipulate things in any way. Simply, what you’re promised is what you get. The same can also be said for the money transfer methods, but we will talk about them more a little later on. For now, we will just say that our funds always got where they were supposed to go without the slightest problem or delay. On top of all that, the company is regulated by not one, but two different regulatory bodies. Given that they were launched in Denmark, BetOnFinance has received a license from the Danish Gambling Authority, but they are also regulated by the Malta Gaming Authority, since the company is currently based in Malta. With these two licenses, there should be no doubt about how legitimate this company is, especially because the MGA is well known for its strict criteria. This BetOnFinance review is therefore shaping up to be quite a positive one, but let’s now take a look at the financial requirements.
BetOnFinance Review | Numbers
Compared to most binary options brokers, this company has some remarkably low financial requirements, so we simply had to dedicate a separate paragraph to them in this BetOnFinance review. You see, to open an account, you only need to make a BetOnFinance minimum deposit which is set to only 20€ (apart from euros, the company also accepts Danish and Swedish currencies). Since most brokers ask for at least ten times as much, the advantages of trading here become obvious. Furthermore, you only need to invest one euro to participate in a game, which is again lower than most minimum trade requirements in the binary options industry. Given that you can also win more than if you’re trading classic binary options, it seems you really should give this company a go.
As for the methods you can use for BetOnFinance deposit and withdrawal, you can choose between several Visa and MasterCard types of credit cards, as well as online payment systems like Neteller, Truslty or Skrill. Just keep in mind that only the first withdrawal of the month is free of any charges, while all subsequent ones will carry a small fee (5€ or 1% of the amount you withdraw). Also, remember that the house will always take 10% of each pool once the game becomes closed for any further betting and possible profits are determined. Keep reading, our BetOnFinace tests continue.
BetOnFinance Review | Documents required
As is usually the case with companies like this, you will need to provide some documents to complete the withdrawal, so let’s go over this topic to show you what you need. First of all, documents are necessary because they show the company that you are of age and allowed to legally conduct investments of this kind. Every piece of information you provide when creating your trading account must be verifiable, so don’t make the mistake of using some made up name or address because you won’t be able to withdraw later. You will need a copy of your ID, of the card(s) you used to deposit and a proof of address (a bank statement is perfect for this, but even a utility bill will do). If you do not provide these documents when asked to (the company performs regular checks), you risk getting your account suspended, all based on the KYC policy dominant in the EU. Now that this is out of the way, we can focus on more interesting parts of this BetOnFinance review. Want to know how to increase your account balance quickly? The answer is in the following paragraph.
BetOnFinance Review | Bonuses
Another thing related to your trading funds is the BetOnFinance bonus policy because it allows you to increase the amount of funds at your disposal with relative ease. There are two main types of bonuses you can get from this company: the welcome bonus and the reload bonus. The first one allows you to double what you deposit into your trading account (up to 200€), whereas the second one will give you 50% of your initial deposit (up to 150€) at the beginning of each month. We should also mentions that you can expect new campaigns every now and then, so the chances are these won’t be your only options to improve your account balance. Of course, if you know anything about the trading industry, you will know that bonuses like these usually come with some conditions you have to fulfil in order to withdraw them. Well, this is the case here too, but the good news is that the requirements are extremely low in this case. You only need to wager the deposited and the bonus amount five and four times respectively and the extra funds will become accessible to you. You do have to do it within 60 days, though, but that’s really not a problem on this website. Again, compared to usual brokers, these requirements are much lower because many “standard” brokers will ask for a turnover of 20 or 30 times or even more before they give you your bonus. And don’t worry; this wouldn’t be much of a BetOnFinance review if we didn’t test the whole system ourselves. Everything works absolutely perfectly, and our money was delivered to us without the slightest problem. Stay with us, we’re not done yet!
BetOnFinance Review | Excellent support
Support can really play a huge role in determining a company’s reliability, which is why we included it into this BetOnFinance test. And right from the start we were very pleasantly surprised because these guys have gone the extra mile to make sure nobody gets into any problems while playing here. For example, they can help you set up a daily limit if you have problems with self-control, and there’s also the self-exclude button which will make you take a break from playing for a certain amount of time. There are even filters you can download from this website that will block other similar websites and prevent you from going elsewhere to spend your money, as well as make sure no underage persons can access the games. In addition, the company also cooperates with organizations like GamCare and Gambling Therapy to make sure you can always access help if you need it. As you can see, you and your health come first here.
But even without all that, the support is still very good. You can contact the company via Facebook, Twitter or e-mail and expect a quick and thorough answer from them every time. The team is very well trained and will solve all your problems in a flash, so you can always rest assured you are in good hands. And now, let’s move to the next part of this BetOnFinance review, shall we?
BetOnFinance Review | Details that help you
Even after all this, we still have things to discuss. It’s interesting to note, for example, how many details on this website are there to help you enjoy your experience as much as possible and to quickly get a grasp on things. You can read interesting news every so often to stay in touch with the latest market developments, which will help you choose the right option in all of the aforementioned games. What is particularly interesting is that you have several categories of articles in the news section, including BetSchool and Player Interviews. These texts add much more depth to the website because the first group teaches you the tricks of the trade (like where to find market data, which stocks are considered to be volatile and stuff like that), while the second gives you honest accounts of other players’ impressions. They also have a very detailed How to Play section on the website with loads of FAQs for every available game, plus you can also find out absolutely everything about the way things work there. If you don’t have the time for reading, simply watch a few educational videos on that page and everything will become crystal clear in a matter of moments. In short, everything you need to know is readily available, one way or another. We’re now almost done, but before we wrap our BetOnFinance review up, there is one more very important thing we have to mention.
BetOnFinance Review | Who can join?
Although this company is really very customer-friendly (which we have hopefully shown in this article), people from some countries are unfortunately not accepted. We must stress that BetOnFinance is not doing this out of spite or some other ridiculous reason, but because these countries have not yet regulated their trading markets in such a way that would allow this company to become a part of them. More notable names on this list include France, UK, US, Spain, Italy, Greece and Hong Kong, but countries like Afghanistan, Syria, Sudan, Tunisia, Ethiopia, Iran and Iraq are there too. Check if your country is accepted by the company to be sure you can participate in all of the games and keep in mind that lists like this one are prone to changes. With that, we think we have more than enough information to conclude this rather lengthy BetOnFinance review, in a positive way of course.
BetOnFinance Review | Conclusion
Even though BetOnFinance has been in the trading industry for only about one year, it has already made quite an impact on the trading world. The combination of financial markets and pool betting has allowed the company to create an absolutely unique environment for their clients. You have plenty of ways to invest, and the financial requirements are really not very high, so literally everyone can join in on the fun. The platform was developed by the company’s own team of programmers and BetOnFinance has two different licenses verifying their reliability, which means you can be absolutely certain you will be well taken care of on this website. Absolutely everything is done to accommodate players here, and the broker is especially careful that you don’t overdo things and that no minors ever gain access to an account. That’s probably what we liked the most during our time with this company, the sense that they really care about how you play and about your enjoyment and well-being in general. You can see that in small details, like the news section, the amount of questions they have answered in the FAQs and the speed and diligence with which the support team answers all your questions. Hopefully, our BetOnFinance review has shown you everything you want to know about this company because the only thing left for us to do is to recommend that you open an account on this website right now. Good luck!
Overtrading is a somewhat common problem among binary options traders, especially those who do not have enough experience to control themselves on the market. This can lead to serious losses, but the good news is that all problems of this type can relatively easily be avoided. All it takes is a certain amount of money management skills and a cool head and in this article we will give you some advice about acquiring both. We’ve seen this problem on many occasions, so we know exactly what causes it and how to resolve it. Therefore, investing a few minutes of your time into reading this text, especially if you’re still new to this type of trading, can help you a lot. Let’s go!
Overtrading | How can you recognize it?
But what exactly is overtrading? Well, simply put, it’s the situation in which you start to open more trades than you really need, which can be extremely dangerous for your account balance. Two emotions are the main cause of this – fear and greed. You can start overtrading out of fear when you see that the trades are not going your way and people often go ahead and start opening more of them in order to somehow get their money back. Apart from that, people think that because this type of trading seems simple and offers many possibilities they can simply waltz in and start picking up profit like cherries. That’s not how it works and we’ll show you the proper attitude in the following paragraph. Stay with us!
Overtrading | Avoiding problems
We mentioned that panic is often the cause of overtrading. This is because people are often not prepared to lose and cannot control their Trading Fears. Well, guess what? Losses are bound to happen in this business and you need to know how to cope with them. Your goal is not to win every single trade, but to be profitable. This is why you need to come up with a plan that will encompass all your principles, goals and assets you want to trade. In other words, you need to create your Binary Options Strategy and not deviate from it. These strategies take time to develop, but it’s important that you stick to their main ideas for a while to see if they work. If they don’t, you can easily tweak them after a while. But the important thing is that you stick to your plan and never allow bad trades or missed opportunities to lead you into a trading frenzy.
Overtrading | Conclusion
Overtrading is something that has probably happened once to all of us, but the less experienced traders are much more exposed to it. Keeping a cool head about your investments is vital and having predetermined rules about the way you’ll behave on the market can help you a lot. That’s why you need to have a sound strategy. If you need help on creating one, there are loads of other educational articles on our website that can help you, so go through them and you’ll improve your trading skills in no time.
Since this broker has been around for years, PWRtrade has collected a big number of loyal clients thanks to their top-class trading offer. Trading with this company will allow you to access a ground-breaking platform, rich education academy and highly capable support. Paired with versatile account packages and great money transfer options, it’s pretty obvious why this broker saw such huge success in the binary options industry. In this PWRtrade review, we will take a deeper look at the broker’s features, analyzing them and comparing them to other prominent brokers on the market. Do you think that PWRtrade might become your next broker of choice? Read on and see what it offers!
PWRtrade Review | Account Packages
Choosing your account type will greatly affect your trading experience, since every package offers different features. Therefore, we decided to start our PWRtrade analysis by giving you a brief overview of available account types. Five different packages are at your disposal, the most accessible one being the Bronze account. It guarantees up to 82% returns, without any hidden trading fees or commissions. You’ll be able to access full-featured desktop and mobile platforms, including the social-based PWR Follow trading module. The Silver account is considered to be the best option for newcomers, since it includes a 50% welcome bonus and 5 risk-free trades. It will also grant you 2 private meetings with a personal broker and exclusive access to advanced educational libraries. The Gold package lowers the withdrawal processing time from 7 to 5 days and increases the investment of risk-free trades to 1000$. Furthermore, it will enable you to receive in-platform signals, alerts and news, while also giving you access to educational webinars. Platinum and Diamond account are reserved for experienced traders who are able to invest larger amounts of money. They increase your ROI to 87%, while giving you access to advanced trading interface and a chance to win various gifts. To conclude, each account type has its own advantages, so it’s safe to say that everyone should be able to find their ideal one. But prior to choosing the account, let’s see which banking options are supported.
PWRtrade Review | Banking Options
Banking options are extremely important to all traders, since people need to know their money will always arrive safely to its destination. This part of PWRtrade review will take a detailed look at the options broker has prepared for its clients. Shortly after you create your trading account, you’ll be asked to deposit some funds in order to activate it and start trading. The minimum amount is set to 250$, which is a fairly average amount when compared to other brokers. Deposits can be made by using Visa and MasterCard cards, as well as wire transfers, and they will be immediately processed. Therefore, your account will become active in a matter of minutes. You can perform PWRtrade withdrawals via major credit cards, wire transfers and various electronic wallets, such as Neteller or CashU. Bear in mind that all withdrawals exceeding the amount of 100$ will be sent to you by wire transfer, accompanied by some minor processing fees. All withdrawals will be processed within 5 to 7 business days, depending on your chosen method. However, prior to submitting your withdrawal request, you’ll have to perform some actions in order to prove your identity. The next part of this PWRtrade review will thoroughly explain the required procedure, so keep on reading!
PWRtrade Review | Compliance and Security
Strict compliance procedures exist to prevent brokers from making any dishonest moves against traders. If a broker does not follow compliance rules, it’s highly probable that it will trick you. Fortunately, PWRtrade is one of the good guys, since the compliance procedure is mandatory for all newly registered traders. It has to be completed prior to sending in the first withdrawal request, which is actually pretty easy to do. You simply have to send 3 types of documents – a colored copy of your personal identification document (passport or ID), a proof of address in a form of any bill displaying your residential address, and a proof of payment method. This is all pretty standard procedure among many brokers and it prevents money laundering and identity theft, meaning that both your funds and personal information will be safe here.
How safe? Well, as stated in our Is PWRtrade a Scam article, all sensitive pages are secured with SSL encryption, and personal funds are held in a segregated account. It means that your funds will remain intact even in the event of broker’s bankruptcy or insolvency. All in all, you can trade here without worrying for a second. But what will you be trading on? That’s what we’re going to show you in the next paragraph.
PWRtrade Review | Platform
Trading platform is this broker’s strongest feature, as this final part of PWRtrade review will surely show. Over 120 different assets, payout rates reaching 189% and quality trading tools will impress you momentarily. The layout is well-designed and intuitive, incorporating as much as seven different trading modes. Apart from pretty standard ones, you’ll find a separate Forex trading platform there, as well as PWR Follow, where you can track and copy trades from most successful traders. The platform is highly customizable, and many trading tools will surely help you make correct market predictions. There are many educational materials present on the website as well, so you can consult them if you happen to need some advice. Also, the customer support team is there for you at any time. Honestly, we have nothing but words of praise for everything this broker has done and that’s how we’ll conclude this article.
PWRtrade Review | Conclusion
Considering the facts you’ve just read in this PWRtrade review, it’s safe to say that we’re dealing with a broker sensation here. Superb trading package and various features, topped with impenetrable security system will surely delight you. But you can’t know for sure if you don’t try, can you? So go on, open a free trading account right now and prepare to be completely amazed!
AlldayOption has entered its third year in the binary options industry, so we can safely say that they are now an established broker. But what are the reasons for their success? Well, the trading platform certainly has a lot to offer, plus traders have a lot of possibilities across the board, no matter what they’re looking for. We will examine everything in much more detail in the rest of this AlldayOption Review since our team decided to check things out here by going in incognito and trading with this company for a while. Stay with us and learn everything about this broker’s offer.
AlldayOption Review | Trading environment
As we have said in the introduction, the platform is among this company’s strongest features, which is why we will open our AlldayOption Review with it. The quality of this part of the website is not a big surprise when you know that it’s based on SpotOption 2.0 software. Still, the broker has done quite a lot with it, since you get to choose between more than 150 stocks, currencies, commodities, and indices. All prices are constantly updated, and all trades are executed very quickly and extremely smoothly, so we honestly believe you will enjoy your trading experience here. Oh, and have we mentioned the number of trading modes you get to choose from? Standard binary options, ladder, pairs, SpotFollow and one-touch options can all be traded here, some with different expiry times ranging from 30 seconds all the way to year-long trades. In short, this trading platform is as good as they get in this business. But let’s continue with AlldayOption Review and see what else is on the menu.
AlldayOption Review | Money management
Another feature we always check when examining a broker is the available transfer methods. This is another aspect where this company’s offer shines because there really are a lot of choices here. Apart from standard bank wire transfers, you can fund your account with credit cards (Visa, Maestro, MasterCard), but a lot of alternative transfer methods can be chosen, too. China Union Pay, Neteller, Skrill, and Yandex are good examples of that and they all can also be used for withdrawals. Speaking of AlldayOption Withdrawals, the minimum amount you can withdraw is 100 EUR/GBP/USD, which is the same amount as the minimum deposit this broker has. And while the withdrawal requirement is pretty average when compared to other brokers in the industry, the deposit requirement is actually quite a bit lower than what most other companies offer. Couple that with the minimum amount needed to open a trade ($5), and you get some really low financial requirements. On top of all that, you can also get a bonus of up to 100% of invested funds, so we can conclude this part of AlldayOption Review with a thumbs-up, too. Keep reading, we’re not done yet!
AlldayOption Review | Nice details
As you explore the broker’s website, you will come across many interesting details that clearly show how dedicated AlldayOption is to its clients. Market reviews and news, for example, can help you a lot when choosing your investment target. You can also easily trade on the go since the company’s mobile app is available on both Google Play and the App Store. It works just as well as the regular platform, so if you never seem to have time to sit down in front of your computer and just start trading, this is a great way to stay connected with the market and react whenever an opportunity presents itself. Of course, we can’t forget about the educational materials you get here, either. There is a pretty fair amount of eBooks, videos and detailed trading courses designed to help you hone your trading skills and improve your success rate. However, keep in mind that, in order to access some of the materials, you will need to have an account with this broker and be logged in. All in all, a lot of small things on this website will improve your trading experience significantly and help you trade more easily, but there’s more to discuss in this AlldayOption Review, so don’t go away!
AlldayOption Review | Broker’s policy
When it comes to their business and development strategy, AlldayOption is primarily focused on the EU, Australian and Canadian markets. The broker has offices in London, Zurich, Toronto, Sydney and Wellington, so traders from these markets should have no problems reaching them if they ever need to talk to somebody by phone or in person. Furthermore, Dutch traders also have a reason to be happy because recently the broker added their language to the website, which means traders from Holland can now talk to the support team and browse the website in their own language. US traders are currently not accepted, and the same goes for traders from India, Nigeria, Spain, Greece and Israel. But no matter where you come from, you can count on your trading experience to be perfectly safe, since this broker operates in accordance with the industry’s highest standards. We have more on that in our “Is AlldayOption a Scam?” article, so check it out if you want to learn more.
AlldayOption Review | Conclusion
We can wrap this AlldayOption Review up with a very positive conclusion because what we have seen has surprised us in a very good way. The trading platform here is based on the most popular software in the industry and offers loads of options to all traders. The financial requirements are more than fair – they are among the lowest in the industry, meaning you can be very flexible with your strategy and carefully plan ahead. There are also many interesting details that show AlldayOption is completely dedicated to its clients, like the market news or great support in multiple languages. The company often adds new features into the mix too, so keep your eyes peeled. After all of this, if you’re looking for a reliable broker, we can certainly recommend that you open your trading account with AlldayOption. It’s well worth it.
Tudor Trade is a binary options broker based in the United Kingdom and a company that has been a part of the industry for less than a year. Since we got a chance to see what they offer, we decided to examine their website thoroughly and write this Tudor Trade Review 2017. Although new, these guys have a reputation for offering a lot of value to all traders for their money, so we were quite curious to see how things work around here. Our team created their trading accounts and got to work, which means you can expect some very detailed stuff in the following paragraphs. Read on!
Tudor Trade Review 2017 | An interesting platform
The software this broker uses to create a trading environment for its clients is Finantick, something you don’t see very often in this business. However, there is absolutely no cause for concern over this fact because the company has done a really splendid job with it. More than 200 different assets are available to all traders, some of which offer profit of 90%, and these are really impressive numbers for any broker, let alone a newcomer to the industry. The platform is also available as a mobile app, so you can trade on the go too, which is another proof of how seriously Tudor Trade takes this. Of course, all trades are executed on time and all prices are perfectly accurate. Not a single technical issue was observed during our time here, as the platform performed extremely well in every respect. However, this is not the most impressive feature you can find on this website. Tudor Trade Account Types are what will really surprise you. Stay with us and find out why!
Tudor Trade Review 2017 | The biggest surprise
Yes, the way this company designed its account types is something that absolutely deserves a place in Tudor Trade Review 2017. You have four choices – Introduction, Traders’, FX Traders’ and Pro Traders’ – and all of them are extremely well equipped. Each of them will provide you with a free demo account, allow you to get a welcome bonus ranging from 50% all the way up to 150% (depends on the account you open) and even give you at least one risk-free trade worth $25 (that’s the Introduction account, others offer much more!).
Not impressed? Don’t worry; the interesting stuff is yet to come. FX Traders’ and Pro Traders’ accounts are the real stars here because they offer two features that are extremely rare in this business. You see, by opening them, you become eligible for volume insurance of funds AND a guaranteed monthly interest! 40% of your invested capital will be insured and you will get a 1.4% interest if you go for the FX Traders’ account, whereas these numbers grow to 55% and 1.8% with the Pro Traders’ account. Given that you have to invest only $5000 and $15000 respectively to open these accounts, this really is a spectacular deal. But Tudor Trade Review 2017 has much more ground to cover, so don’t go away!
Tudor Trade Review 2017 | Money transfers
Among the most important things we can examine in Tudor Trade Review 2017, money transfers are certainly on top of the list. The minimum deposit is set to $250, a standard amount in the industry, but the great thing about this broker’s financial requirements is that you can open trades for just $5. This means that you will have loads of opportunities for profit even with the smallest investment, which is something all traders can look forward to. Your account currency here is the USD, whereas trading currencies also include EUR, AUD, CAD, GBP, RUB, CHF, CNY and JPY. The methods you can use to transfer your money to and from your trading account are Visa and MasterCard credit cards, as well as standard bank wire transfers. Minimum withdrawal requirement is set to $100, another pretty standard amount, and if you decide to use credit cards to complete it, no fee will be charged. For bank wire transfers, a $25 fee is necessary for the process to go through. Everything functions perfectly well, as shown in our “Is Tudor Trade a Scam?” analysis. With that out of the way, we can move this Tudor Trade Review 2017 along and take a look at other things you can find on this website.
Tudor Trade Review 2017 | More features
If you ever need help with anything concerning your trades, don’t hesitate to ask this broker’s support team. These people are exceptionally well trained and very knowledgeable about the industry, so you can expect them to resolve all your issues, should you ever have any. It’s also nice that you can contact them by Skype, as well as via e-mail and live chat, meaning that the answer will always come quickly. Other interesting features this company offers to its clients include regular market updates and news, but you can also get money management services from them if you open one of the top two account types. This will help you trade more efficiently and improve your trading skills, and we certainly recommend attending those meetings if you can. It’s a great way to see how well developed the service here is. With that, it’s time to bring this Tudor Trade Review 2017 to a close, so let’s wrap things up.
Tudor Trade Review 2017 | Conclusion
In conclusion of this Tudor Trade Review 2017, we can safely say that this broker is a company which takes all standard practices of the binary options industry and implements them into its offer. However, they also add a lot of their own creativity and ideas, and what you get is something you will not find anywhere else. An excellent platform with a huge amount of options is combined with very interesting account types to give you a unique trading experience. Add to that the broker’s well-trained support team and you have absolutely everything you need to become a successful trader. On top of that, there are also some small details that prove this broker thought long and hard about how to approach its clients. Therefore, if you want a reliable trading partner, open an account here on this website. You simply can’t go wrong no matter which type you choose.
Since this company is one of the best in the industry, it’s safe to assume 365BinaryOption really knows how to delight its clients. Owned and operated by respected trading experts from Fintech Software Inc., this broker offers a variety of unique features to both existing traders and newcomers. Along with technologically advanced trading interface, there is a variety of available account packages and banking methods. Furthermore, their rich repository of educational materials paired with highly capable support team will get you all set for your trading journey. It’s really no wonder that this broker attracts new clients on a daily basis, and they all have only positive feedback. Want to learn how to start trading here? Read this 365BinaryOption Review 2017 and you’ll have all the information you need!
365BinaryOption Review 2017 | Account Packages
The very first thing we’ll be focusing on in 365BinaryOption Review 2017 are the available account types. There are four different packages to choose from, each with its own unique perks. However, some features are shared by all of them. First of all, all traders are free of any commissions and will have full access to the platform and the education library. Also, all tradable assets will be fully available, along with 24/7 customer support. Mini account type is ideal for complete beginners. Along with the aforementioned features, it gives you one 20-minute senior broker session per week and two exclusive video lessons. The Silver package adds one more session per week and two more educational lessons, while also giving you additional 2% return for every successful trade. Gold accounts incorporate an additional broker session, two more educational sessions and increase your fixed return rate by 3%. Finally, the Platinum account will give you 4 broker sessions, additional 4% on your return rate and one risk-free trade per month, with value of up to 1000. As you can see, everyone can get the account that best suits their wishes. We’ll continue 365BinaryOption Review 2017 by taking a look at the available banking methods, so stick around!
365BinaryOption Review 2017 | Deposit and Withdrawal
Methods used for depositing and withdrawing funds will be the next topic of 365BinaryOption Review 2017. Right at the very start, we must state that we’re absolutely delighted with the variety of available banking methods. You can make your 365BinaryOption Minimum Deposit by means of major credit and debit cards, wire transfer or by using various e-wallets. Minimum amount is set to 200$, while the maximum amount has various time restrictions. You can invest up to 10 000$ per day, 25 000$ per week or up to 100 000$ per month. Deposits can be made in dollars, euros or British pounds.
Withdrawal requests can be made via the same methods. If your withdrawal request contains an amount that is higher than your initial deposit, the difference will be transferred by wire transfer. Here we must state that you’ll only be able to withdraw your earnings after your account is verified. This is a part of anti-money laundering policy, which is a pretty common procedure among top brokers. Basically, you’ll be asked to send some personal documents before your 365BinaryOption Withdrawal request is processed. These documents include a copy of your photo ID and a proof of residence. After the support team reviews these papers, you’ll be able to withdraw as much as you want. Rest assured that all your personal and financial information will be superbly protected because SSL encryption safeguards all your sensitive data. It’s pretty obvious that outstanding banking policy is yet another great feature of this broker. Can we say the same for the trading platform? Stay with 365BinaryOption Review 2017 and find out!
365BinaryOption Review 2017 | Platform
Shortly after your initial deposit is processed, you’ll get full access to this glorious platform. And this is the next key point in our 365BinaryOption Review 2017. The first thing you can notice is its slick design, dividing the platform into three functional sections. At the very center, you’ll find a detailed analysis of a currently active asset, with graphical presentation and return rate. The left side contains all tradable assets categorized by the desired trading mode, of which this platform offers four: High/Low, Boundary, Short Term and One Touch. Each of them contains at least two sub-modules, meaning that your trading options are very numerous and versatile. Finally, right under the graph section, you’ll find the area containing your past and current trades. Also, here you can check out market news and a very detailed economic calendar, which will help you place your future trades. On top of all that, you can also get returns of up to 85% for successful trades, which is a great deal. Finally, traders who are constantly on the go can use the 365BinaryOption App to stay in touch with this exceptional platform. But we’re not done yet, so read on!
365BinaryOption Review 2017 | Education and Support
Only truly legit brokers will empower traders with high-quality educational materials and non-stop customer support. As our Is 365BinaryOption A Scam article has proven, this is a broker that can be trusted completely because here you’ll find both Education Center and Academy sections. The Center offers various video lessons and e-books, as well as unique advanced trading strategies. On the other hand, the Academy will give you broader knowledge, including materials on Forex trading and technical analysis.
The support team can be contacted by native chat application, phone and email. We had nothing but positive experiences with these capable people, as all our questions were swiftly answered, and we were always guided to the solution step by step. Therefore, you can rest assured knowing that someone is always willing to help you here. After all this, we believe we can end 365BinaryOption Review 2017 on a positive note.
365BinaryOption Review 2017 | Conclusion
To wrap it up, we honestly believe 365BinaryOption Review 2017 has proven this broker can fulfill anyone’s trading wishes. A fantastic offer combining multi-platform trading interface, various account types, great banking methods and loads of learning materials will surely amaze you. So go on, open a free trading account with this trusted broker and see for yourself why they are among the best.
After five years in the binary options business, TR Binary Options is now a well-established broker with numerous loyal clients. The company has proven itself to be very reliable on numerous occasions and offers loads of interesting features to anyone who decides to open an account with them. However, if you want more details before making your decision, our experts are on the job. They examined absolutely everything you can use while trading here, so we now have a very detailed TR Binary Options Review 2016 for all our readers. Take a look at the following paragraphs and you will surely find something that interests you.
TR Binary Options Review 2016 | Platform
Let’s first take a look at the broker’s trading platform. As soon as you enter the website, you will see a familiar symbol if you hover with your mouse cursor over any of the images that appear on your screen. Yes, this trading platform is based on SpotOption software, currently the most popular and most reliable piece of trading software in the world. This immediately tells you that you can expect a great trading experience here, as the platform offers eight different trading modes for you to choose from. This includes Spot Follow trading mode, where you can observe and copy trades from the best traders around. What is equally impressive is the fact that you get to choose between more than 150 assets here, which is a very high number in this industry. The assets are divided into commodities, currencies, indices and stocks, but you can also easily keep track of the most popular assets if you go to the Hot Assets section. But don’t think that anyone’s pressuring you into opening trades right away. Quite the contrary – you can explore this platform as much as you want without ever investing a single cent if you ask your account manager for a TR Binary Options Demo Account, which will be granted to you immediately. Apart from that account type, there are more interesting options, so we should get on with our TR Binary Options Review 2016.
TR Binary Options Review 2016 | Account Types
There are five live account packages for you to choose from (Mini, Starter, Silver, Gold and Platinum), so we will dedicate this part of our TR Binary Options Review 2016 to them. All of them offer welcome bonuses and a lot of educational materials, but the top three have a bit more in their arsenal. With them, you can choose the type of your welcome bonus: it can be either a percentage of the amount you deposit, a few risk free trades or you can choose trades that are guaranteed to bring you profit. A very interesting deal, no doubt about that. Other interesting features include optional tablets and same day withdrawal approvals, so study each package closely. It is interesting to note that the required deposit for the top-tier account (Platinum) is $25,000, which is not that much compared to some other brokers. Finally, we should also mention that this company also offers Corporate/Managed accounts, so you really shouldn’t have any problems finding the perfect account type for you. As for us, we will be continuing our TR Binary Options Review 2016 in the following paragraph.
TR Binary Options Review 2016 | Transfer methods
Of course, when you’re examining a broker, probably the most important thing you want to be sure of is that your money will always safely reach its destination. Several methods can be used to fund your account by making a TR Binary Options Minimum Deposit or a higher investment. These methods include Visa and MasterCard credit and debit cards, wire transfers and Neteller. The minimum amount you have to deposit is 200 USD/EUR/GBP, but you can also use other currencies. For the purposes of this TR Binary Options Review 2016, we tested every available method and experienced no problems whatsoever. This goes for depositing and TR Binary Options Withdrawal, as well. Keep in mind, however, that the amount you deposit can be withdrawn only via the same method you used to fund your account, whereas any profit will be delivered to you by wire transfer. Every first withdrawal of the month is completely free of any fees, so plan ahead in order to be more efficient.
TR Binary Options Review 2016 | Overall Safety
As you could have seen throughout this TR Binary Options Review 2016, there are many proofs that you will be completely safe while trading here. The broker has been in the business for five years, all transfer methods worked perfectly for us and the trading platform is the best one you can currently find on the market. We took a more detailed look at the whole security thing in our Is TR Binary Options a Scam? analysis, but the conclusion is pretty much the same there. We will just say that you can count on SSL protection here, so your financial and personal data will always be encrypted and visible only to you. Furthermore, the broker is 100% PCI compliant, which means that they will never keep any of the aforementioned information except the last four digits of your credit card number. In short, you have nothing to worry about.
TR Binary Options Review 2016 | Conclusion
As a conclusion to this TR Binary Options Review 2016, we can only say that this company offers everything you need for a pleasant trading experience. Five years in this business clearly show that this is a high-quality broker capable of providing for its clients. The trading platform is based on the best trading software in the world, all account types offer a whole lot of interesting perks and every available money transfer method is completely safe. What else do you need? No matter what kind of trader you are, this is the broker you want because you get to choose between so many different ways of trading. So go ahead and open an account with them – you will be making a great business move.