Assets that can be traded as Binary Options are indices, forex, commodities and stocks. All binary options trades are conducted through Internet-based trading platforms which give the impression that they are based in the GCC and do not comply with applicable GCC regulatory requirements and may be engaging in illegal activities.

GCC mainly Saudi Arabia stands eighth in the top ten list of binary options trading market. The scammers are using various techniques to lure GCC residents to engage in TRAP Implying affiliation with GCC based financial institutions is the most concerning part. Following is a list of fraud techniques that we were able to identify:. One of the easiest way to do so is by hosting binary trade business on lookalike domain names of recognized GCC organizations.

Another is by creating lookalike social media profiles of recognized GCC brands, to connect and invite the target individuals, implying to them like they are a legitimate GCC organization. While investigating one such lookalike name of a GCC stock exchange, our analysts discovered multiple variations of the same name registered by an entity OptionRally , which is one of the most popular, yet completely unregulated brokers in the GCC.

Option Rally is registered in Cyprus, presumably under CySec. These entities have vague physical locations listed on their websites and do not appear to be regulated under any official authority; furthermore, phone numbers also remain unanswered during work-hours.

As a result, we believe there is a · high likelihood that they are fraudulent and not registered as local or branch businesses. One such example is No1Options. com which requires personal information of the user to sign up. Brokers can manipulate the trading software to distort prices and payouts. We did identify a case where a trader fell victim to this scam.

The background of this is that each broker has a system where a trade is placed and a countdown to the expiration begins. This is a standard binary · options trade; however, what happens after the clock ticks to zero, the status changes to Expiring for at least another 30 to 60 seconds. It is always the same, the timeframe does not matter.

But we can recommend staying away from 30 seconds or 60 seconds timeframes if you are a beginner. Because you need a very high skills to do fast trade executions. There is no specific strategy that can prove to be the best for all the traders out there.

Different strategies work for different traders. Therefore, you must try and test varied strategies to find out what works for you. However, having a good knowledge of the market and learning technical analysis will help you succeed. The minimum trading amount differs from broker to broker. There is no external source of money in the binary trading platforms.

The money is being rotated. One trader won while the other lost. The money lost by that trader will get transferred to the one that won, depending on the profit percentage given by the broker to its traders. Some percentage of the money lost will go to the broker. The answer to this question depends on the amount of money being traded. However, if you fail, you will lose all your money, i. There is no fixed maximum amount that can be earned through trading options.

It depends on the amount of money traded and the number of wins. Since the trading strategies only give you a signal to predict your next move. However, good practice and knowledge of the asset will increase your chances to win. To succeed in binary option trading, in the long run, you must practice the strategies repeatedly. Along with using the strategies, you must have patience and avoid taking impulsive actions. Using any strategy for one time will not bring you profits.

Testing, trying, and repeating are the only way to master trading tactics. Do not quit a strategy and opt for a new one every time you experience a loss.

This will only confuse you, and you will never be able to make the best out of one strategy. Instead, stick to one strategy and learn the right time to use it. It is also important to figure out the time when you must avoid using certain strategies. However, if your strategy is not working, you must reconsider it and make a new one. Now that you have read some of the best binary option trading strategies, find the one you have understood well and test it today. Then, get into action and start making money today!

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If External Media cookies are accepted, access to those contents no longer requires manual consent. Privacy Policy. What you will read in this Post. Best binary broker:. Quotex - Trade with high profits 1 2 3 4 5 5. Accepts international clients Min. Trend follow Strategy. Risk warning: Your capital can be at risk. News Trading Rainbow Strategy. Candlestick Strategy. Money Flow Index Strategy. Turtle Trading Strategy. Be persistent and be ready to become the next big thing in trading binary options.

Trading binary options can be amazing for most traders, especially for those who do not have the necessary skills or time to manually analyze prevailing market conditions on a daily basis. A binary trade is also very helpful for beginner traders who may have low skills at the start of their trading career. An interesting aspect of binary trade is that it is not limited to one or a few markets only , as binary trades can be made in virtually every financial market.

However, it is also true that trading binary is most popular in the foreign exchange market, and recently it has gained immense popularity in the cryptocurrency market. But you may use trading binary options strategy for other markets, such as stock exchange trading, commodities trading, synthetic indices, and even CFDs, among many other financial markets.

When trading binary options, the options are limited to yes or no, and binary options broker firms usually provide these yes or no signals with a fair amount of accuracy. With binary trades, it may be easier to exploit various opportunities in the market, especially those opportunities that are time sensitive.

As trading binary options is more about making predictions of future price movements in the market, the right availability of trading binary signals ensures better control of trades. There is a common misconception in the market that binary trades are far riskier than other trading strategies, as, if the prediction goes wrong, one may end up losing all the money. However, this may not be the case in reality. This is due to the fact that most traders are able to limit their losses by simply limiting their stakes.

Hence, binary trading acts similarly to other trade strategies when it comes to managing risks and losses. In order to ensure long term success, it is always useful to keep your long term strategy in mind. Binary trading is not about arbitrary trade decisions inspired by random events in the market. Instead, it is extremely important to have a bigger picture in mind when making binary trades.

Even with trading binary option, it may be possible to come up with a range of different trading strategies. So, make sure to know which strategy suits you and serves your long term needs. Following a reliable trading strategy is extremely important for ensuring long term profitability in the binary option trading industry. It is not uncommon for those who trade binary options to have question in relation to their personal trade volume.

Some traders go as far as to set specific goals for the number of trades to enter into each day. This approach is fine, so long as the number is reasonable. However, it is important to remember that the markets may yield a larger or smaller number of optimal entry points each day , based upon the events of the day. Consider the following information when making decisions related to volume. First and foremost, no trader should ever feel compelled to trade just for the sake of maintaining a larger trade volume.

There will be times when market conditions are simply not favorable for doing so. There can be periods of several hours, or even an entire day when conditions are not favorable. As discouraging as this may be, it is important to remember that there will also be similar periods during which conditions remain favorable. These better periods can produce considerable profits which will certainly make up for any downtime. Another important consideration needs to be total account funds. The primary focus when account funds are low should shift to trade quality rather than quantity.

Even a small number of profitable binary options trades can help to restore lost funds , while a smaller number of poor trades could deplete an account which is already low on funds. The best advice is to focus only on low-risk opportunities which offer a higher chance of finishing in the money when account funds are low. A larger number of trades can be taken once account funds have been restored to a respectable level.

The provision of short-term expiry times makes it possible to execute a large number of trades each day. However, profit only comes on winning trades, so traders must take care to not get caught up in rapid trading under less than optimal market conditions. The type of instrument which is being used can also make a difference. With some instruments, more detailed analysis will be required , and this can take time. The total amount of trade setups provided by a broker can also have an impact.

Most platforms only include a set number of setups each day. Having said that, the overall number should greatly exceed the number of trades that any individual could even hope to complete in a days time. There really is no need for concern in this area unless one is focusing on only specific underlying assets, which will present a limited amount of opportunities each day.

With just a bit of time and experience, traders will naturally know which trades to take and which to avoid. Daily volume with indeed fluctuate up and down, as market conditions dictate.

While everyone wishes to earn as much money as possibly , and must be actively trading binary options in order to do so, patience is often the most important key to success when trading binary options.

One of the newest features of the binary options market allows for the ability to close trades before their expiration times. But recent trends have shown that brokers are becoming increasingly open to this feature and the increased account signups that have been seen indicate that traders are equally interested in the increased flexibility that is made available through these features. But when exactly is the right time to close a trade prior to its contract expiry time? And what are the advantages of ending your trade early?

In recent years, we have seen events such as the Credit Crisis which led to extreme volatility in the financial markets. These rapid changes in price can make the outcomes for trades less predictable and this can lead to trades that are profitable one day and unprofitable the next.

There are many reasons why situations like this might occur. Some of the most drastic events could come with events like a natural disaster, a surprise central bank decision to change interest rates, a disappointing corporate earnings report or an unexpectedly strong macroeconomic data release can all lead to unpredictable changes in asset prices. To be sure, this can be a positive when the change falls in line with your trading direction.

But it is nearly impossible to know when this favorable outcome will occur and when the news comes out on the opposing side, losses can be seen. This can be a highly frustrating and costly experience, as gains that were seen previously are suddenly wiped away. Unlike spot markets like Forex there were no defensive moves that binary options traders could take to preserve their gains.

Now, however, traders are able to close a profitable position using the early closure function whenever one of these unexpected events occurs. In other cases, trades will move in the wrong direction and create losses to a trading account.

Here, the early closure function is also useful. When it becomes clear that a trade is unlikely to turn positive before expiry, traders can close a trade early and reduce the amount of losses that would be seen later. These percentages will vary depending on which broker you use, and the market conditions seen when the option is bought back.

It should be remembered that the early closure function is not something that should be used to arbitrarily close trades. When trading binary options using market makers, the broker is on the other side of your position. If every trader used this function, losses would occur much less often and the market maker would eventually go out of business because of all the losses they would absorb. Because of this, there are some rules in place when using this feature:.

The relatively new early closure feature at the popular IQ option platform allows trader to protect their profits and prevent against potential losses when unforeseen events shift the market. While there are some restrictions to trade binary options for this tool, the added level of trade structuring should be utilized in cases where a trade is unlikely to increase in profitability before the contract expires.

Given the dual nature of the binary options trading market, it makes sense to have a broader understanding of the general trends that are in place so that we can make the most informed trading binary options decisions and increase our chances of creating profitable trades.

When looking at the dominant trends that are in places in the markets, it tends to be a good idea to trade along with the momentum: When most asset prices are rising, CALL options tend to be a better choice. When most asset prices are falling, PUT options tend to be a better choice. To describe which dominant trend is in place, the trading binary options community will usually use term like Bull Market or Bear Market but it is much less common to see a discussion which characteristics actually make up these economic environments.

Here, we will look at the differences between Bull and Bear Markets so that traders can more easily identify the dominant trend in a market and to place binary options trades accordingly. Bull Markets are typically characterized by a financial environment that is composed of a large number of assets that are increasing in value, or are expected to increase in value.

In many cases, the term refers to the stock markets but for those in the trading community, the term is applicable for all asset types. Bull Markets are created by generally optimistic sentiment, rising consumer confidence and the wider expectation that companies will successfully generate profits.

One clear indication of the existence of a Bull Market can be seen in the price of commodities, in the changes in valuation of a national currency, and in the overall performance of the major stock indices. When looking at price activity in all of these various asset classes, it becomes clear that price swings show higher highs and higher lows the definition of an uptrend.

When all of these factors are seen in combination with one another, a Bull Market is in place and CALL options will generally be viewed as favorable when entering into trades. Psychology and news headlines in the financial media are also instrumental in these cases, as positive momentum tends to be contagious. On the flip side of this is the Bear Market, which is typically characterized by a financial environment what a majority of trading assets are decreasing in value, or are expected to decrease in value.

Again, this term can be applied to all asset classes and Bear Markets are typically created by pessimistic sentiment, declining consumer confidence and the general expectation that companies will perform weakly in terms of profit generation. Indications of a Bear Market can be seen all major asset classes commodities, currencies and stock indices when it becomes clear that price swings show lower highs and lower lows in a broad sense which is the definition of a downtrend.

The combination of these occurrences create Bear Markets and in these cases, traders tend to prefer PUT options when entering into trades. Before we answer this crucial question, there is a need to understand that the binary option is a trading strategy, similar to various other trading strategies.

It is not an out-of-the-world scheme to help traders make millions or to scam them. Trading binary options is as safe or as unsafe as you make it. Yes, it is true that it entirely depends on whether you make binary trading safe for you.

So, how is it really possible? From registering yourself with a binary options broker firm to making your trades, every step you take will decide how safe trading binary options is going to be for you.

As the first major step, you should carefully analyze different binary options broker firms, choose one registered with different relevant regulatory authorities, hold relevant licenses for investment activities, and have a verifiable track record. This will ensure that you are not scammed by someone who is using trading binary options as a cover for fraudulent activities.

It is always recommended to start investing in a binary options demo account. Once you gain a reasonable level of expertise, start investing in binary options starting with a low amount.

Never make this mistake unless you are fully confident in your abilities.

Binary Trading commonly also known as Binary Options Trading or Binary Options is a type of option where the trader takes a yes or no position on the price of a stock or other assets, with the resulting payoff being all or nothing.

Assets that can be traded as Binary Options are indices, forex, commodities and stocks. All binary options trades are conducted through Internet-based trading platforms which give the impression that they are based in the GCC and do not comply with applicable GCC regulatory requirements and may be engaging in illegal activities.

GCC mainly Saudi Arabia stands eighth in the top ten list of binary options trading market. The scammers are using various techniques to lure GCC residents to engage in TRAP Implying affiliation with GCC based financial institutions is the most concerning part.

Following is a list of fraud techniques that we were able to identify:. One of the easiest way to do so is by hosting binary trade business on lookalike domain names of recognized GCC organizations. Another is by creating lookalike social media profiles of recognized GCC brands, to connect and invite the target individuals, implying to them like they are a legitimate GCC organization. While investigating one such lookalike name of a GCC stock exchange, our analysts discovered multiple variations of the same name registered by an entity OptionRally , which is one of the most popular, yet completely unregulated brokers in the GCC.

Option Rally is registered in Cyprus, presumably under CySec. These entities have vague physical locations listed on their websites and do not appear to be regulated under any official authority; furthermore, phone numbers also remain unanswered during work-hours. As a result, we believe there is a · high likelihood that they are fraudulent and not registered as local or branch businesses.

One such example is No1Options. com which requires personal information of the user to sign up. Brokers can manipulate the trading software to distort prices and payouts.

We did identify a case where a trader fell victim to this scam. The background of this is that each broker has a system where a trade is placed and a countdown to the expiration begins. This is a standard binary · options trade; however, what happens after the clock ticks to zero, the status changes to Expiring for at least another 30 to 60 seconds.

OptionBit is one example of mass complaints. com is one such website which is misleading the users that the reputable stock exchanges in the GCC trade in binary options.

There is no legal framework specifically in place for binary trading in the GCC. If we look at binary trading from the perspective of gambling, then according to the current framework gambling remains banned across all GCC states and in general the Arab region. Unlike other financial derivative products, binary trading is not regulated by a central authority in any GCC country. Binary trading is most common in the US, where a high volume of trading takes place on the Northern American Derivatives Exchange Nadex.

Upon our analysis of Nadex, we have found that it is a private entity founded in It is one of the three exchanges that are officially endorsed by the Commodity Futures Trading Commission CFTC. While NADEX is legal, it is not closely monitored on a regular basis [2]. Nadex has not been embraced by Wall Street. Some binary options in the US are listed on registered exchanges like Nadex, Cantor Exchange LP and Chicago Mercantile Exchange that are subject to oversight by the regulatory authorities but this is only a small portion of the binary options market.

Much of the binary options market operates through unregulated, unregistered and illegal Internet-based trading platforms. The number of these platforms that offer the opportunity to purchase and trade binary trading has surged in recent years. Offshore destinations such as Cyprus and Gibraltar remain attractive home-bases for brokers.

Binary trading is not widely accepted by renowned institutions and market experts in the US where it originated; the practice may lead to fraudulent activities. We were also not able to identify permissible regulations for such a business to be conducted in the GCC. Also we could not identify any GCC based business engaged in binary trading or even endorsing it.

GCC regulatory authorities should review this business practice and take a position on the legality and regulations on binary options trading. GCC telecom authorities should, at the minimum, block the websites that imply bogus affiliation with GCC countries or organizations. GCC financial institutions should conduct awareness on TRAP10 and related scams internally as well as to customers.

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What you will read in this Post. Hence, binary trading acts similarly to other trade strategies when it comes to managing risks and losses. Privacy Preference Essential 1. Remember that you must not be held hostage by a few scammers. Let us understand these two parameters in detail:. We are using binary. In order to start binary options trading, the first step is to choose a trading platform service provider, and create a login at the official website.

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