Archive for the ‘Binary Options Trading Commodities’ Category

Benefits of Binary Options Trading

February 17th, 2016 No comments

Benefits Of Binary Options Trading


Discover the benefits Of Binary Options Trading – the fastest growing form of investment ever. It is clear why in the financial aspect, binary options is the preferred form of investment. First and foremost, binary trade offers an immediate reward for successful traders.

Also, the binary trade is relatively easy to understand, a trader must speculate correctly if an asset will increase or decrease it’s value. In other words buying a Call option – if the asset will increase it’s value, or a Put options – if the trader thinks the asset will decrease it’s value

Choosing between two options appeals to many people, basically these are the only thing a trader should know in the technical aspect, that ease makes it very appealing to many people who wish to benefit from market trends.

There are so many other benefits in the binary options trade, which a trader realizes once he starts trading. Brokers offer many tools in order to help a trader become successful and reach the right decision.

Many traders Triple and even quadruple their daily income with just a click of a button. Since binary options is very suitable for beginners, it offers a very good opportunity for regular people to make money online, and significantly upgrade their financial status.

Many times the prediction of weather an asset will decrease or increase it’s value is so clear that it’s like collecting money from the ground. For instance; presented very positive report in the last quarter, binary traders invested on call options and on that occasion, traders made a fortune !

It is obvious that this binary signal (in the pro language), is more then a hint that facebook’s stock will increase it’s value immediately, so why not take an advantage of that information and make money like many many others ?

Further more, trading platforms offer prior knowledge about market trends, before they spread out. These are sophisticated tools offered by the best rated trading platforms. Using robots for trading, makes binary options even more appealing, even small amounts of money will start working for you, instead of you working for the money so to speak.


Although there is a common rumor that binary options trade is very risky, in practice it is not no different then the investments in traditional stock’s in any way. In many senses it is much more predictable then working with traditional stocks. You know exactly how much you can gain or lose when an options expires.


Benefits of Binary Options Trading – Top 5


benefit of binary options trading-4

High Return of investment – Up to 85% return on the initial investment.

benefit of binary options trading-3

Ease of use – Binary Options trading is very easy to understand

benefit of binary options trading-5

Predetermined Risk and reward – A trader knows exactly how much he may lose or win (unlike traditional stocks)

Benefits of Binary Options Trading

The ability to double your money in a matter of minutes !


benefit of binary options trading-1 The ability to commit automated trades by sophisticated robots without even pressing a button !



Now days there are many trading platforms online. We only recommend the top graded trading platforms, that have solid and sufficient financial backing, and the best reputation by traders.

For further reading about our hand picked brokers,  please check our 24option review and also Porter Finance review, these outstanding brokers we think are the best according to our experience, they also offer a 100% bonus for traders who open an account.

There are many other good and reliable trading brokers, but these are really the top rated brokers we think you should check them out first. We just finished a review about another new binary options broker that traders may find interesting, called Tradorax. We present a verity of very good brokers, see what suits you best.

You may also want to check the recommended brokers our pick article which is located on our main page. We make a great effort to offer our readers the best trading brokers out there, and keep up with our good reputation. If you have any complaints what so ever on any of our recommended brokers, please let us know, so we could check the issue.

Binary Options Guide Regulated & Non Regulated broker

February 1st, 2016 2 comments

Binary Options Guide review receives many messages from readers, regarding the issue of regulated brokers vs unregulated brokers. We decided to dedicate this article in order to clear the matter once and for all.

Those who wish to trade binary options are often stumbled upon a tern called a regulated broker and an unregulated broker . The difference between the two is not clear to even expert binary traders.

One thing is for sure, regulated broker is a good thing, it means that the binary broker received a licence from a regulations board and the broker follows the strict set of rules imposed upon them by the regulatory board.

These set of rules are designed to protect the binary options investor. It also means that the investor can turn to that authority if he thinks that the binary broker has failed to comply with any of those rules.
Binary Options was included into the set of financial instruments during 2012 by the EU commissions regulatory board, named CySEC. The intention of that board was to make the binary options trade more transparent and a safer tool for investors.

The most important benefit of a regulated binary broker is the fact that the broker would with no doubt be able to pay all its investors whether a trader was successful with his traders and want to cash out, or weather he just want to withdraw his money or some of it from his account, the commissions board makes sure that this is the case, just like a regulated bank.

Another major benefit is the fact that a trader can be 100% sure that the price quote of assets is accurate, and no one is tampering with the charts.

On the other hand with a regulated broker, there is some bureaucracy a trader must go through. A trader must send identification documents to the regulated broker, before he or she can start trading, sending funds is not enough. The traders personal information is safe and secure, under the CySEC security guidelines that are often checked.

If trading with a regulated Binary Option platform is of interest you then check out 24Option. They are a fully regulated broker and offer a fantastic trading experience.

They also provides many binary options guide‘s that could be found on their web site.

There are sometimes geographical reasons why a trader cannot use a regulated platform. If this applies to you all is not lost. As regulated companies have raised the industry bar other trading platforms have also had to increase their standards as well. These brokers are well aware that if they want to continue attracting clients then they must look after the ones they already have, and compete on service with their regulated competition.

Before trading with an unregulated broker, make sure you do your homework first some are truly awful. One that I have traded with in the past, that offered an exemplary service as well as a quick withdrawal procedure was Porter Finance so check them out.

Another binary options broker called Tradorex, has just been reviewed by us. Unlike many other brokers, they accept U.S traders. They are also regulated, so you are welcome to read our review.

As usual if you require any additional information you may visit my binary options guide that deals with the types of binary options. And if you have any question concerning the content written here or any place else on the site, please feel free to leave your message.


Binary Options Strategy – Porter Finance

January 24th, 2016 1 comment

Porter Finance ( Review

PorterFinance-USA-Broker-Binary-Options-StrategyPorter Finance is a London-based binary options broker founded in 2014. While they are not regulated, they have excellent features and are already establishing a very good reputation. They offer a wide choice of assets that enables traders the required flexibility in order to implement their binary options strategy. They also offer a wealth of learning materials and binary options guides for beginners and pro binary options traders. Their site  is beautifully designed. All these features make them a binary broker to consider.

    • Official Website:
    • Headquarters: London, UK
    • Phone number: +44-2035192532 (domestic numbers available around the globe)


  • Trading platform: SpotOption

Is Porter Finance ( a Scam?

In a word, no! Even though they are not regulated, this binary broker demonstrates a strong understanding of regulatory laws, as well as a commitment to stay compliant. You may have noticed that most brokers fall into one of two categories: regulated without accepting USA traders, or not regulated and accepting USA traders.

Here is what Porter Finance says in their terms and conditions:

“USA citizens are restricted on this trading platform from trading currencies and commodities due to U.S. regulation by the CFTC.”

This is a clear and correct understanding of the CFTC guidelines for USA traders trading binary options! Most brokers flat out misinterpret this or behave as if they are completely unaware of it. USA traders can legally trade binary options, and Porter Finance is respecting USA laws while allowing USA traders access to their services. It is so great to see a broker that actually understands regulatory concerns. This is quite rare! So no, Porter Finance is definitely not a scam! Of course it is always wise to read what other traders have to say here.

Deposit Info – Porter Finance Minimum Deposit


Fast account registration makes taking the first steps quick and easy.

  • Get started with just $200.
  • Deposit methods: Credit or debit card, wire transfer, NETELLER.
  • Trade in USD, UR, GBP, AUD, or CAD.

What do you need to know about deposits and withdrawals? There are $30 fees for wire transfers, which is pretty much the industry standard, so this is to be expected. Your first withdrawal of the month is free, but after that, there are additional $30 fees (this is also not unusual, even if it is a bit annoying). The minimum withdrawal threshold for credit and debit card transactions is only $30, which is much lower and more reasonable than the typical $100. The only drawback? If you want to withdraw more money than you deposited through your credit or debit card or electronic payment system, you have to use a wire transfer and pay the fee.

While you are opening your account, you will see the account tiers listed along the right-hand side of the page. While $200 is the minimum deposit, you will want to deposit at least $250 in order to obtain a Beginner Account, which includes a 30% bonus, weekly market reviews, and a trading eBook. A Standard Account is available if you deposit $750 or more. This comes with a 40% bonus, the same benefits as the Beginner Account, plus daily market reviews, Academy Membership, and a trading strategy.

Depositing $1,000 will get you an Executive Account, with a 75% bonus. You again get all of the previous benefits, plus VIP Academy Membership, three trading strategies, money management training, and 5 risk-free trades. If you have $100,000 or more to deposit, you can open a VIP Account with special benefits. As you can see, there are a lot of advantages to opening an account on this site. This broker seems very much invested in the success of their clients.

Types of Binary Options Available

There are so many different types of options to trade on Porter Finance! You can trade High/Low options, including Long Term and 60 Second options. You can also try your hand at One Touch trading, Pairs trading (where you profit on the relative performance of one asset vs. another), or Ladder trading. Ladder trading allows you to earn profits as high as 1500%! This is an excellent amount of variety; there really is something for everyone here.

Binary Options Trading and Training Features at Porter Finance:

  • Trade on your Android or iOS mobile device. The links to the apps are right at the bottom of the porterfinance homepage.
  • Double up, rollover, and buy-me-out are all available to help you control your trades.
  • Trade as little as $10 or as much as $2,500.
  • Social trading. Follow trades by others on the website.
  • While there is sadly no demo account on this site, you can still use risk-free trades with a qualifying account.
  • There are plenty of training resources available to traders!
  • Brkers can easily implenent their  binary options strategy

What Products Can You Trade on Porter Finance?






FTSE 100 (UK)
S&P 500 (US)

Final Thoughts on Porter Finance

Porter Finance is one of the most exciting binary options brokers we have stumbled across in quite some time. Is this site perfect? With no demo account and a few withdrawal terms that are a bit restrictive, there is no way to say “yes” to that, but then again, we have never encountered a perfect broker before. Porter Finance is however as close to perfect as anything we have seen. The withdrawal terms are not ideal, but they are much better than most. There are plenty of training materials  and programs available to traders at all account levels. You can participate in numerous different types of trades and put into practice your favorite binary options strategy, so there are a lot of ways you can make money with Porter Finance. The website is thorough and provides comprehensive, easy-to-locate information on a wide array of topics. Reading through it, we had very few questions. If you do have questions, though, Porter Finance’s customer service team is standing by.

In short, this is an excellent broker to trade with, whether you are located in or outside the USA. It is refreshing to find a broker that understands CFTC laws and is striving to be compliant, and it makes their unregulated status far less of a concern than it would normally be. This broker is making the extra effort to offer top-shelf services to customers, and we highly recommend you check them out . You may also find this review interesting.


Binary options strategies 24option

December 12th, 2015 2 comments

Binary options strategies

One of the most important binary options strategies must be choosing a good and reliable binary broker.

24option is a pioneer in the options trade, and  offers attractive bonuses for traders who open an account with them.  They also have the biggest collection of binary options guide’s,  for beginners as well as professional traders. with 24option you can’t go wrong, they are EU regulated, and they follows the EU commissions strict set of rules that ensures that your money and cash that you won is safe and secure.

24option is the one the most popular binary options trading platform today. The company is situated in Cyprus. This trading platform offers many incentives for new traders to open and account, which is one of the reasons that makes this binary trading platform so popular. Further more, they are one of the pioneers in the binary options trade. The company is now owned by a holding company named Rodeler Ltd. The broker is regulated and licensed by the Cyprus securities Exchange commission, like many other Binary options and Forex trading companies, due to the low Taxes implemented in that country.

24option is considered to be one of the most innovative trading platform in comparison to other trading platforms. While the trading engine of other trading platforms relay on the spotoptions or tradologic to supply them with live Data, 24option have choose a different engine,supplied by Tech financials. The outcome of that choice is a unique and safe trading experience.


Mobile Trading

For those who trade on the move, 24option offer a trading environment that enables traders to commit all their trades with simplicity and ease. The mobile binary  platform offers the same features as those on a stand alone desktop or laptop, traders  receive full data without compromise. Most other trading platforms that do offer mobile trading, enable just some features and data to be displayed, and in one time or another, a binary trader needs to visit a PC to get full control over his account. 24option enable a full trading environment without compromise. This type of features are crucial in the implementation of any binary options strategy.

Mobile trading is also extensively supported by 24option. With a secondary website optimized for smartphones and other mobile devices, traders who are constantly on the go can also easily access their accounts, check the markets and make trades without having to use a dedicated computer.

Binary Trading Types

24option offer all types of binary trading. Due to the fact that they are one of the most well established trading platform and one of the first pioneers in the binary trade;

Classic Binaries
Consist of Above/Below and High/Low options

One Touch Binaries
Comprises of Touch/No Touch and High Yield Touch Binaries

Boundary Binaries
Include Standard Yield and High Yield Boundary Options

Short Term Binaries
Binaries with short expiry times ranging from 30 seconds to 5 minutes.

Trading Accounts

In order to open an account with 24option, a trader needs a minimum deposit of 250 USD. There are however four different types of accounts, The standard account, the gold account and the platinum account and finally the Dimond account.

Standard Accounts
No restriction to types of assets traded

24 hours customer support

Max pay-out is 88%

Gold Accounts
Apart from all the benefits of a standard account, gold account holders also earn an extra 2% on their investments + 1 free withdrawal per calendar month

Platinum Accounts
Benefits of standard and gold accounts plus an additional 4% per trade unlimited free withdrawals

max pay-out is 89%

Diamond Accounts
Benefits an additional 6% per trade unlimited free withdrawals

A free demo account facility is also provided but traders are required to place a deposit of $250 first before they can gain access to this facility.

Payout Ratios

As for the returns offered by 24option, their rates are one of the highest in the industry with a maximum payout of 88% for in the money trades. Out of the money trades are also entitled to a rebate of up to 15% of money invested.

Asset Index

With more than 100 different types of underlying assets, 24 option asset list is one of the most comprehensive that we have ever seen. Considering the fact that there are 4 main types of trading contracts, this meant traders have extensive choice of trades that they can make.

Currencies Commodities Indices Stocks
Gold (XAU)
Platinum XPT
Silver (XAG)
 ASX 200 Future
Bombay 30
CAC 40 Future
Dow Jones
Hang Seng Future
IBEX- 35
Nasdaq Composite
Nikkei 225
S&P 500
South Africa 40 Future


Customer Support

It has been said that the quality of 24option’s customer support is second to none. With support in 17 major languages, it is different to find another broker in the industry that is more trader’s friendly than 24option. Access to the support team is by means of email, live chat and telephone. As an added benefit, international traders will find that there is also a long list of toll free and localized numbers which they can call to reduce their telephone charges.

Binary Options Guide and Markets analysis

This fantastic feature, offered by 24option is the daily market analysis and reports, precious data is brought to traders by 24option as a part of services given free of charge. A binary options expert analysis of the markets and trends followed by real time binary signals give 24option traders an edge over other traders who are not exposed to this vital real time information. This is a part of an increased effort by 24option to service their registered traders and help them be successful and increase their profits so they will be happy and  keep on investing!


Here is an example of USD/JPY trend that was accurate like clock work, traders who followed that trend have made big profits that day.




Here is an example of another signal offered by 24option, AUD/USD. Traders who followed 24 option advice made a considerable profit that day. This quality analysis is also followed by banks and other financial institutions. Now a regular trader is exposed to that info, thanks to 24option. At the end of the day, a trader is interested mostly if he made a profit at the end of the day or not, with 24option the answer is definitely YES!

Binary Options Strategies

Another new exiting feature offered by 24option is the most extensive education center for beginner traders as well as professionals. 24option has invested a lot of effort in that new educational center, they offer video tutorials as well as written guides by top professionals in the binary market. Due to the fact that 24option is one of the most well established binary trading platform and one of the pioneers in that field, they decided to spend much of their profit in improving their traders knowledge and education so they could be more successful with their trades. 24option realized that in order for traders to keep on trading, traders must gain large profits, and in order for them to do that, they offer the worlds largest education center for binary traders! They have set a new standard for other trading platforms.

Binary Options Strategy

A screen shot of some of the video  tutorials offered by 24option given free for their traders.






  • Long Established Broker
  • Member of the Investment Compensation Fund (20,000 Euro in Protection)
  • Regulated and Licensed Broker by CYSEC
  • Reputable Broker in the Industry



  • Dedicated Customer Support
  • Attractive Range Of Incentives And Benefits
  • Large Cash Prizes For Trading Competition
  • Multiple Languages Supported
  • Unique And Secured Trading Platform
  • Wide Coverage Of Markets
  • Live daily reports and analysis
  • The most extensive educational center on the web
  • The best platform that you can practice you binary options strategies



  • Demo account require deposit of $250 before access is granted



In our opinion, there is no binary broker around which come close to the quality of services offered by 24option. In addition, the range of incentives that 24option offer to traders is certainly one of the most attractive around. 24option offer the biggest payout in the market for standard account, a ration of 88% on a successful investment, it also offer a wide range of assets to invest in. Mobile trading offers all trading features and data that enable traders on the go to implement their binary options strategy and commit wise decisions with full mobile information at their disposal. In fact, it is difficult to find any fault with this broker.

U.S traders especially might be interested in reading our review about another good and a regulated binary options broker called Tradorex, which offers an experienced team of binary options professionals that will be happy to assist traders in specific and general questions with regard to their trades.

Learn about the five types of binary options, on this binary options guide.

Binary Options Trading Pairs

October 22nd, 2015 1 comment

Binary Options Trading Pairs

One of the latest features in the binary options trading platforms is the pairs trade. Many brokers do not offer this trading feature, but this type of trading is becoming more and more available in many binary options platforms. When binary options trading pairs, one must decide which asset will preform better compared to another asset, there are two assets involved. On the other hand, regular binary options trade, one should decide weather a commodity,stock or a currency will go up or down, there is only one asset involved in this binary trade.

This trade is something of a contest between two stocks or two commodities, and the winner is the stock or commodity that get a higher score in a given amount of time. Now days many binary platforms enables trader to also choose pairs of commodities, like Gold Vs Silver, which commodity will preform better then the other. In most cases a trader will be  able to choose between the big names in the industry, like Apple Vs Facebook, or gold Vs Silver. In the near future it will be possible to choose between a wider verity of Stocks/Commodities.

Many expert trader prefers the pairs trade, they claim it is less difficult to analyse two companies preforms then trying to understand global influence on a currency or a commodity. If for instance Apple sales decrease for some reason due to aggressive competition, and on the other hand Facebook increased the number of its members, it is likely that this binary signals will have direct influence on the pair Apple Vs Facebook, and it is quite clear that Facebook is going to “score” better the Apple.

But Basically it is still binary, instead of deciding if an asset will go Up or Down, the trader has to choose which asset will do better between two given assets. So the concept is the same. Surprisingly, a new research has indicated that many new traders prefer to invest in Binary options pairs, then traditional binary options. 

Binary Options Pairs example


binary options trading pairs


Please check out our binary options guide there you will find an explanations about the five types of binary options

We also reading our comprehensive review about Tradorex a binary options broker with a wide variety of assets and a professional tram of advisers that enables U.S traders to open an account with their trading platform. Click the link above to read our review.

You may find many other good practice on 24option library  of many binary options strategies, you may read the review, and from there just press on one of the links leading to  24option web site.

Binary Options Guide – 6option trading Review

September 16th, 2015 3 comments

6 Option is the ultimate trading platform to trade on various forms of assets, perform the operations on a simple trading dashboard, access trading training materials and superb market analytics at the education center and much more.


Like all other trading websites, the 6option also offers a complete trading platform with a range of tools and application, data dashboard to trade on the assets of your choice. The website set up is convenient to ease out the binary trading practices for the novices. Some of the important characteristics of the 6option include:


This feature is really easy for the traders to understand and get used to within a short span of time. While trading, you can choose from the touch or no touch options. If you have touch option and set the price goal, then you can earn profits if price level is touched or surpassed within the set active trading time.


If the touch and no touch option is something that you do not find comfortable trading, you can trade using the range option. This system allows you to employ guesswork to set a range within which you are expecting the value of the asset will remain over the preset trading time. If the price of the asset closes within this range, you can earn profits.


6option professionals base their business practices on ethics and reliability. The pricing system is regulated based on current market structure and real time exchange values.


6option has 24×7 customer service support to help the traders with their problems and trade practices. The services including the withdrawal facilities are available throughout the day to provide instant payouts.


Based on their research system on major social networking platforms, 6option offer the choicest assets from different parts of the world to trade. At present, you can choose to trade on 60 different assets on our site.6option-trading-strategy


6option professionals have a unique online education center to train the traders and help them with the comprehensive trading practices, rules etc. The site offers the most in-depth training material on trading and market analytics.


• 6option offers several bonus systems including the Trade Insurance Bonus. This bonus is available for withdrawal after attaining the trading volume of 15 times the deposit amount. You will also receive a bonus amount after opening your trading account. • Min Deposit Amount: 250 USD/ GBP/ EUR/ASD • Max Deposit Amount: 30,000 USD/ GBP/ EUR/ASD • Min Trading Amount: $5 • Max Trading Amount: $5000 • Major Trading Currencies: USD/ GBP/ EUR/ASD • Transaction Gateways: Wire Transfer, Moneybookers/Skrill, Credit Cards (MasterCard, Visa Card and Amex).


• Mobile trading facility available on iOS and Android devices. • 24×7 withdrawal and customer care support. • Supports all major browsers including Chrome, Opera, Version 8 and above Explorer, Firefox, Safari etc. • Opportunity to practice trade on demo trading widgets. • Payouts of up to 90%. • Available in several languages for better understanding.



In this competitive market system, it is hard to find a comprehensive trading platform like 6option. This legit trading site is easy to access and allowing inexperienced traders to learn a lot about trading practices on the education center. The site allows the traders to open their account with the minimal amount of $250 only with the benefit to earn whopping bonus amounts. There is no minimum withdrawal amount ceiling or duration so get instant cash transfer facilities.

Watch This tutorial and learn how to trade binary options.For further understand of the types of binary options, please visit this binary options guide.


Binary Options Guide – OptionBit Review

September 16th, 2015 6 comments


The trading platform is suited for novice traders who are interested in earning a second income, but powerful enough to satisfy the demands of professional traders. Start now and receive a bonus of up to 50% on your investment.

What’s New at OptionBit?

OptionBit has launched several new services and trading options, including 60 second trading and one touch trading, that will make your Binary Options experience even more flexible and prosperous than before. In addition, OptionBit is the very first Options broker to have launched the Algobit platform which is instant signals provider.

The Trading Platform

OptionBit’s trading platform has a wide array of tools and resources useful for binary option trading. Their trading platform is user friendly and also offers a “My Trades” box that indicates trades that are open.

Types of Trading

There are several different types of trades you can execute, which help significantly when having to change your trading strategy. From one touch, autotrader, classic, and more, most people will benefit from the large selection of trading types. While this does mean a little more time and effort must be invested in understanding the different types of trading options, the convenience of having a large pool of trading types is a huge bonus in the long term.

Through the trading platform provider TradoLogic, OptionBit includes the following platform types :

Regular above/below binary options:


  • Touch trading and range:


    • Extend and Close Now feature
    • With this feature, traders can extend or close their trading options on the spot.

    The Payout

    While there is obviously no guarantee in Binary Options (not sure if we should say?), or any other type of financial trading, OptionBit does allow you to earn a return of up to 400% on your investment. This number is significantly higher than other forms of trading.

    Asset List

    Select from any number of assets, including stocks, commodities, currencies and major indices. A wide selection of assets allows you to specialize in one particular area and enjoy the flexibility of dabbling in several different assets.

    List of Assets:

    Commodities Currencies Indices Stocks Bonds
    Dax future
    Dow Jones
    S&P 500 future
    CAC future
    FTSE future
    Exxon Mobil


    Bonuses and Promotions
    OptionBit offers their traders a welcome bonus starting at 30%.  For an initial deposit of $200 traders will receive a 30%

    bonus, invest $500 and receive 40% or invest $1,000 and receive a 50% bonus.  Existing clients also receive a ton of different bonus offers and daily rewards including the chance to become part of a VIP program.  The VIP program includes free daily market updates, unprecedented bonuses, expedited withdrawals and free, unlimited personal training with a market analyst.

    Customer Support
    OptionBit™ is there for your every need.  OptionBit™ traders can rest assure that their questions will be answered by a team of reliable customer support representatives, who, through their unmatched service, continue to attract clients from all around the globe.  Support is offered in a selection of languages and is conveniently available through email, live chat and over the phone.

    Fast Withdrawals
    Traders will be pleasantly surprised with the fast withdrawal times at OptionBit. Winnings are sent quickly and without hassle. Making the withdrawal request is quick and convenient. However, the most impressive part of the entire account funds management portion of the OptionBit experience id absolutely the amount of payment options available. Traders have the option of using multiple credits cards and eWallet services and will able to easily transfer funds to their trading account from a wide variety of services.


      • Their multi-lingual support is great especially for those who are not fluent in English.
      • The Extend or Close now feature allows traders to lock in their profit (close now) or to allow them increase their profit yield by extending the expiration time for their trades.
      • Autotrading software is a neat little feature that allows traders to automatically rollover their profitable positions. With this feature, traders can take advantage of a momentum without being glued to the screen.



    The sad part about OptionBit is that they don’t offer any money back for those trades that are out of the money.


    There are many online binary options brokers in the market today. However, there are none currently that offer both the “Extend or Close now” feature and “Autotrading” software on their trading platform. So far, only OptionBit provide these features for their client. With the ease of use for their trading platform, they are worth a try.


Binary Options Trading Guide – Copyop

September 16th, 2015 3 comments

Binary Options Trading Guide

Binary Options Trading Guide – Introduction

Copyop’s social trading platform allows you to watch and automatically copy other “binary option traders” who trade on either the copyop or anyoption platforms. This binary options trading guide is intended to introduce traders to a fascinating new opportunity in the binary options trading market.

Click Here to visit copyop

For the purpose of this review we only focus on copyop and its social trading & trade copying functionality and not on anyoption itself. This is a general binary options trading guide for social trading.

In order to use the social trading platform you can either register direct with copyop or via the anyoption website. We chose the second option because there was a bonus deposit offer available and any money you deposit on anyoption, can be used on copyop as well. Please note though that we actually had to request for the bonus to be added since it didn’t automatically appear in my account. You also need to complete lots of trades for the bonus to be unlocked (similar to most other broker bonus offers).

Accounts can be opened in 3 different currencies (EUR, GBP and USD). Once you’ve registered you cannot change the base currency though. Deposits can be made with Visa, MasterCard and Amex cards, several debit cards or by a bank transfer. You can open an account without depositing money if you just like to see the platform features and traders you can copy. However, the anyoption/copyop sales team will be quick to contact you on the telephone number you provided to try and convince you to make a first deposit (they sounded very keen on the telephone to get you to deposit, which almost leaves me to assume they’re paid on commission).

Who are the traders you can copy?

Basically you can copy anyone who trades on copyop or anyoption, and anyone can also copy you, even if you only copy others. The only restriction is that any trader can have a maximum of 100 copiers. Obviously this may become an issue when the service becomes more popular, but we only saw 1 trader like that so far. Alternatively you can also “watch” a trader, which means their trading actions are displayed in your “social feed” real-time.

While many other trade copier services focus on Forex only, the binary option traders on copyop can trade on forex pairs, indices, commodities and a selection of US, European and Asian stocks.

Any binary option traders who get copied by others also get rewarded. They receive copyop coins which can be converted to real money. For each copied trade by another trader they get 2 coins and each followed trade 1 coin. 60 coins is worth €10, 250 coins worth €50 and 600 coins worth €150. The payment is independent of the trade’s success, so traders are not specifically rewarded more for better results (though obviously they get more copiers if they trade better and vice versa).

Letting anyone copy anyone is obviously very “social” and open, though also means that there’s no pre-selection and vetting of traders, something which is offered by some other social trading networks and trade copying services. However it is worth noting that every binary option trader on their platform trades with “real” money (the value of which is displayed for their last trades). I.e. you won’t be copying people who trade with demo accounts, and everyone you copy risks their own money as well (which is obviously a positive factor).

In terms of trader performance it’s worth explaining first how much you make when you automatically copy someone. Copyop pays you 60% profit if the option you copied was successful and returns 15% refund if it lost (their FAQs actually mention a 10% refund but we tried and it’s actually 5% more). These levels are a little bit less than your potential returns when you trade yourself, in which case copyop offers you a 60%-81% payout when the option expires in-the-money, and a 5%-25% return if the option expires out-of-the-money.

So what this means is that to make a profit you need to copy someone with a success rate (called “hit %” on copyop) of more than 58.62%. For those of you interested in the maths, the way to calculate this % value is by working out the value of X in the following formula:
X * 16 + (1 – X) * 1.5 = 10 –>
14.5 X = 8.5 –>X = 8.5/14.5 –>0.5862 or 58.62%
I.e. if you invest $10 per trade and 58.62% copied trades are successful (receiving $16) and 41.38% unsuccessful (receiving $1.5), then you’ll break-even over time.

Arguably your returns would be slightly better if instead of “automatically” copying a trader, you would “watch” them and manually copy their trades when you see them in your copyop social feed or when you get a mobile alert on their activity. However this would mean you have to be online all day and highly likely you will miss some of their trades.

Because copyop is still a very new service and we’ve only invested over a short period of time it’s not possible to make a final judgement on the overall performance of the traders as part of the current review (so far break-even). My initial impression is that I don’t find many traders who’ve been on the service from before 2014, but again, this may be because it’s still new. It’s also our first experience with binary option trading and hence we’re even more cautious than otherwise when trying a new service.

Just like with any of our other social trading and trade copier platform reviews we will keep this review updated over time. Particularly we’re interested in the longevity of the traders on the platform and potential for sustained results.

Reviewing and Selecting the Traders to Copy

binary options trading guide

Here we discuss and review the features copyop offers to look for top traders to copy and evaluate their past performance. As mentioned above, you can actually copy anyone who trades binary options on copyop or anyoption. However you won’t see all available traders because there’s no full list or search functionality. You can only discover other traders either via the “explore feed” or “hot list” (see image):

  • The “explore feed” is a real-time feed with the most interesting and popular trading actions from around their trading network.
  • The “hot list” displays 3 tables with the “10 best traders” in terms of total monetary gains, “best trades” in value and “best copiers” in terms of gain over 12 hour, 1 week, 1 month and 3 months timeframes.

Hence Copyop’s functionality to look for other traders to copy is very basic. There’s no real search capability and a severe limitation of the “hot lists” is that they’re based on total monetary gains and not on overall hit %. If you want to copy other traders your main decision factor is normally hit %. However someone who has 1 winning trade of $10,000 and 9 losing ones of -$100 may actually make the hot list. However for copying purposes they may not be very useful since when you copy them, all your copied trades will be executed at the same value. Increasing the size of the ‘hot lists’ from 10 to 50 or more traders would also be useful, because it would give you a larger pool of traders to consider and evaluate.


Once you see a trader you may like in the “hot list” or “explore feed”, you can click on them for more details. This will show (see both images):

  • trader nickname, country of residence, joining date and copyop risk profile
  • number of people copying and watching them
  • overall hit %, i.e. the number of profitable investments out of all investments the trader made themselves (i.e. not copied from others)
  • best asset traded to date (in terms of total profit made)
  • best winning streak
  • average number of trades per daycopyop-trading-strategies
  • last 3 trades made (open or closed)
  • hit % for the past 1-30, 31-60, 61-90 and 91-120 trades
  • asset breakdown over last 120 trades

It’s clear that only a small subset of the trader’s trading history is shared by copyop. I.e. you can only see the last 3 trades and not all historical and current open trades, something which is shared by some other social trading networks. The hit % breakdown over the past 120 trades is useful since it at least gives some impression of the performance over time of the trader. However overall we would like to see more historical information to allow for more detailed trader evaluation.

So overall, looking for traders to copy is not easy since you may need to follow the “explore feed” for a while to discover other traders (i.e. outside the limited hot lists). However when you “watch” them you can easily find them back in the future.

Binary Options Trading Guide – Copyop risk and money management features

In terms of risk management, a clear general benefit of binary options trading is that you exactly know how much you’ll lose on each trade (i.e. the amount you invest in the option + any potential refund if the option expires out-of-the-money). With normal Forex trading your risks are normally unlimited, or at least up to your stop levels.


In addition, when you copy other traders with copyop it’s very easy to manage your risk and you can know in advance the maximum you might lose. When you start to copy a trader you are asked (see image):

    • How many trades you want to copy? All or a limited number (e.g. 5 or 10)
    • Amount per trade. Which is either 10, 25, 50 or 100 in your base currency.
    • Assets to copy. Which is either all or you can limit and for example only copy specific ones (e.g. EUR/USD or gold).

So if you limit the trades you copy you can easily work out the maximum loss you can endure if the trader you copy would get all trades wrong. You’ll also notice that copyop both has a minimum and maximum limit on the amount you can invest per copied trade. The maximum limit does not apply when you trade yourself, though the minimum limit is actually more on your own trades (25 instead of 10 in your base currency).

Once you’ve started copying a trader you can at any stage stop copying them. You can also follow and review your performance within your copyop account interface by clicking on ‘My Options’. This displays the “Open Options” and “Settled Options”. However there’s no easy way to view the performance per trader you copy. In case you copy more than one, you’d need to look at each individual settled option and work the performance per trader out yourself.

While the copyop money and risk management features are easy and straight forward, one important limitation you need to consider when copying other traders is the fixed amount per trade. I.e. every trade you copy from one trader will be executed at the same amount (10, 25, 50 or 100), while this trader may actually risk more or less on some trades depending on their confidence. I.e. your trades are not copied proportionally in comparison with the trader you copy.

While some traders always use the same amount themselves, the majority don’t, meaning your performance results would not be the same if you just copy them. We’ve noticed some of the top traders risking $2,000 on one trade and $200 on the next. Needless to say that their confidence on winning is much higher on the first trade than on the second (this is why you may see traders with large financial gains but hit ratios below 50%). Hence better results would highly likely be achieved by manually watching the top traders in your feed and either proportionally copying their trades or only taking the ones on which they risk the most money. However this requires you to watch your copyop feed for many hours, something which is obviously not possible for everyone.

Binary Options Trading Guide – Costs and fees

Opening an account with copyop (or anyoption) is totally free and there are no other fees or costs to pay. You can make one free withdrawal per month as well.

In addition, unlike with the Forex social trading networks, you don’t have to worry about slippage. Fyi, slippage is the difference in price between what the trader you copied got and what you got. While slippage can be positive or negative, due to the nature of trade copying it’s normally negative and will therefore impact your overall results. Because you get exactly the same option as the trader you copy with copyop, slippage is therefore not an issue.

However as we mentioned before, when you use the copy service you receive slightly smaller returns than if you would make the same trades yourself. Hence this should be considered as a cost for using the service. Part of this difference is used by copyop to reward the traders you copy, and part no doubt for managing the service and generating additional revenues.


You can contact copyop via email or contact form only. There’s no contact telephone number. While basic, the FAQs on the website are clear. However because copyop is part of the same company as anyoption (and we actually registered via anyoption) we should include their support options and experience as part of this review too.

Anyoption can be contacted via email, contact form, online chat, call back and telephone (local numbers provided for various countries). As mentioned above, we received quickly a call from their sales team after registering.

In terms of support experience, I did use the online contact form (chat was unavailable at that time) to ask why my deposit bonus was not visible yet. It took 4 days before I received a reply (!), i.e. not the most speedy response times.

The anyoption website does however provide a wide selection of guides, tutorials, eBooks, articles and educational videos on binary options trading. Useful if you’re new to binary option trading.

Binary Options Trading Guide –  Social

Copyop allows you to connect your Facebook account, which would mean your trades are shared with your friends and you can view their copyop activity too. Personally I wouldn’t want my friends to know my trading activity but maybe some people may find this useful (?).

There are no other social capabilities though, and there’s no way to communicate with the other traders or to rate them.


There’s no demo offered by copyop, though you can always register for a free anyoption or copyop account if you want to have a look at the full social trading interface. This also allows you to look at the social feed and hot list with the traders you can watch and potentially copy (if you fund your account with real money). As I mentioned above though, you can expect a callback from their sales team on the number you enter when registering for the account.

Binary Options Trading Guide – Copyop review Pros:

  • Every trader you copy risks their own money
  • Easy intuitive interface
  • Risk can be clearly limited/managed
  • No slippage (because type of service)
  • Open – i.e. you can copy anyone

Binary Options Trading Guide – Copyop review Cons:

  • Still fairly new service with some interface glitches
  • Trader search/discovery capability very limited
  • Full trade history is not shared
  • No proportional trade copying (fixed amount per trade only)
  • No fully functioning demo account
  • Trader rewards not linked to their performance
  • Very few traders with hit % > 58.62%

In summary, where binary options trading is (in my opinion) a simplistic form of “real trading” (i.e. you only have 1 decision to make buy/sell), copyop also trims down social trading to a simplistic level. It’s very muchcatering for investors with no trading experience and the interface is very intuitive, more resembling a game than an investor platform. The performance stats provided on the traders you can copy is very limited, with only partial trade history available. On the other hand, all traders on copyop’s platform risk their own moneyand some seem to be making significant profits over a longer time horizon. However, a limitation is the fact that trades cannot be copied proportionally, means that your results don’t necessarily match those of the traders you copy. Better results may be achieved by manually watching and copying their best performing traders (though that would be a time consuming exercise).

As always, we’ll keep this review updated when new features are introduced or if our view changes. Your own comments are always welcome below too.

Click Here to check out copyop

Last updated: August 24, 2015
This review is written based on our experience with a real money copyop/anyoption account. The images included are from our live account.  Please also note that  trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Option trading may not be appropriate for you. You should never invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, risk appetite and level of experience.

I have also written my personal experience with copyop, please feel free to visit  my binary options trading guide  review .

Find out how many people around the world make money with Social trading by copying the pro’s 


Binary Options Guide – Ivory Options

September 16th, 2015 2 comments

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So come and choose your package today, speak to a broker and get started on the path to financial freedom and security at Ivory Option.

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