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Binary Options Guide – Islamic Account

August 28th, 2015 1 comment






The Binary Options Trading phenomena has sparkled a couple of years ago and it has spread like wild fire across the internet. The online binary trading made it possible for almost any person around the globe to take a part in this fantastic new source of income. Brokers are constantly looking for new traders and new market to exploit, and  deliver this trading option to almost everyone who is connected to the internet. Along with this on growing phenomena there are some cultural aspects that must be considered when influencing people from different cultures to open a trading account on their trading platform. The most visible  difference is of course the language and writing, however the real difference could be pin pointed to the cultural/religious factors.  In the Middle East for instance, traders speak Arabic and the majority of the population are a part of the Muslim religion. According to the Muslim faith, Fees and Interest are forbidden, so in order to open the gate to that sector, brokers are offering special trading accounts that respect this social justice based on Islam,  now it is possible to open an Islamic account that  doesn’t violate the sharia law on many binary trading platforms.

The Qur’an which is the word of god according to the Muslim religion, instructs in many places to stay away from interest. one well known verse from the Qur’an, states quite clearly, “Allah has permitted trade and forbidden interest“, another good example “you who have believed, fear Allah and give up what remains (interest) if you should be believers.



The Sharia also clearly instructs not to take interest, and even though many Muslims do not know why it is forbidden, The followers clearly obey the law because The Qur’an is considered the word of god and in many Muslim states the Qur’an is also the states law. Many scholars claim that the law is based on social justice for all, and If one person is rich, he may not enrich himself from another persons misfortune. A believer should only take whats is his and nothing more, this law prevents the tragic situations we see these days that the rich are becoming richer and the poor are becoming more and more poor.

One broker that offers an Islamic account is OptionBit , they do not add interest (RIBBA) in any way or form, zero commission and fees. Another example is the 6option trading platform that offers zero commissions interest and fees.  These trading platforms both have an interface and support in the Arabic language, and offer the opportunity to trade with accordance to the Sharia law.

binary-islamic-account

 

 

 

Binary Options Guide – Binary Trading Platforms Crecteria

August 22nd, 2015 No comments






For the past year and a half I have been posting about reliable options brokers as a strategy for making money with binary options. However, There are more factors to consider when choosing a binary platform, and that is something I learned over time and experience. Choosing the right broker is probably the most important step you are going to take in the trade, which will influence your experience and your success prospects. As a professional trader, believe me there is nothing more important then the platform you are working with,  especially when you are taking your first steps, its more or less like your teacher in the first grade, her expertise and behavior has an ever lasting influence on a persons future. One of the main reasons I promote curtain broker is due to the fact that I want to make sure that more people will do the right steps, because unfortunately there are many brokers that are unreliable out there, even though they promote themselves aggressively and claim they are of good quality.

So how can you be sure that you are choosing the right Binary Trading Platform?

Well …    I summed Up Three parameters that distinct between a good trading platform from a bad one;

24/7  Binary Trade support Team

 

Every traders, a specially a newbie would like to know that there is someone on the other end that will answer him with any question he may have. Some times  wrong actions are taken or crucial mistakes could be made if a trader doesn’t know exactly what he is doing, like confusing the Assets or defining a wrong expiry time, an online supporter will clarify things, and even call his superior if he or she are not sure about the answer they are giving. And those are only two things that came through my mind and believe me they are important as hell. Further more; a reliable and a well established trading platform has the resources to hire a support team that works 24/7 . This is also a clear indicator of the quality of the Binary Trade platform.

 

 A wide verity of binary trading opportunities

 

Another clear indicator is the verity of trade options offered by the binary platform. Some trading platforms offer 23 verities of trading opportunities and even less then that. The small verity of opportunities indicate the lack of trust from larger organisations who sell the options to the trading platform, usually they buy them with credit and they rather invest their resources on the popular ones that earn them more money. There are however platforms that specialize in specific commodities, but that is an exception to the rule, usually these kind of trading platforms deal with precious metals or other commodities with similarities. So when you choose your broker, make sure there is a wide verity of Assets you may choose from. Further more, a limited amount of assets could influence your ability to exploit Forex market opportunities. And last but not least.

How long is the trading platform out there

 

Common seance is to put your money in a well established organisation that is there for a long period of time. You wouldn’t wont to put your money with a group of people that suddenly decided they want to open a binary options trading platform with no experience and only the lust to make money from the trend. Unfortunately many platforms burst like bubbles after a couple of months, and traders usually lose their money, and there is no one to turn to, I heard of many cases like that and you can find them all over the internet. A binary trading platform that is there for a long time, has sufficient amount of funds and financial backups that decreases the chance of bankruptcy.



 

I hope this information will help you in your choice, and I would like to add my recommendations for a few good and reliable trading platforms bellow. Opening an account through this web site with any of the trading brokers will earn you bonuses so you wont have to start trading with your money.  Ho , I almost forgot, good luck with your trade 🙂

6option-binary-trading-broker ivory-binary-options-trading-brokerbinary options trading broker optionbit-binary-trading-broker

Binary Options Guide – Types of Binary Options

August 21st, 2015 35 comments

Binary Options Guide

There are five types of Binary Options that all agree upon. Some may argue that there are more Binary Options types but basically there is a conscientious about the following five. I truly Believe that these are the main building stones for any Binary Options Guide.


  • Porter

Not all five of the Binary Options are supported on all Binary Platforms and you may find many variations to the basic types.For those of you who wish to Trade  Options, this information might be very useful specifically for beginners who wish to get them self acquainted with terms used on the Binary Trade.
24option-bonus-broker-account

 

Binary Options Guide – Types Of Binary Options

cash or nothing

Cash or nothing

A trader speculates if an Asset will increase or decrease it’s value on a limited amount of time. Usually the reference point is the time that the trading begins, but there are many platforms that are flexible by enabling  to define a different  reference point. On this type of Binary Trade, a fixed amount of money is given when the speculation is correct. The amount given is not related to how sharply the Asset Increased or decreased its value.

For further reading about binary options strategy, please visit this post

asset or nothing

Asset or nothing


Same as Cash or nothing,the major
difference is that there is no
reference point.
Further more, the amount of Cash
earned is based on how sharply
the Asset has changed it’s value,
during The Binary Option’s life time.

If you want to start binary trading,
read this beginners binary options
trading strategies guide that is offered by 24option

 

one touch options binary options guideOne touch Binary Option

A trader is payed a predefined amount of money for an Asset, only if the Asset  reaches a predefined value with in the Binary Options life time. When the Asset reaches that predefined point, the Trader gets payed with no regard for the time left for the option to expire.Usually the leverage on these kind of options is very high. In most cases a trader can triple or quadruple the initial money invested on such option. On the other hand if  the option does not reach that predefined point within the options life  time, the trader loses all the money he   invested.

If you want to learn more about one touch trading, you might be interested in the 24 options tutorials and guides. they have a fantastic hands on guide from the most experienced binary traders.     You may also find other tutorials and guides that will guide you to become a successful trader.

For further in site reading about how to make money with binary options, please read this binary options trading guide that describes what to be aware of, and learn from other peoples mistakes, and truly turn this binary trade into a second income

Bouboundry betsndary Bets

The trader gets payed if the
Asset meets predefined conditions
during the Binary Option life
time.Usually the condition are
high value rate  and law value
for the Asset.

Learn more about binary options
trading guide robots, to become
a successful binary trader.


 

Stop Bets

a Trader gets payed, if during the options life time,
the Asset has changed it’s value.
A trade may speculate weather an Asset will increase or decrease
it’s value. these are the regular most recognized options 
If you want to Start trading with Binary Options,
try doing it safely with a reliable Binary Options Trading Guide.

Binary Options Guide

 

 

 

 

 

 

 

binary-options-guide-porter-finance


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August 14th, 2015 No comments

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