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Showing posts with the label #binarytrading

Do Binary Options brokers like IQ Option, Olymp Trade, Binomo, Pocket option manipulate the price?

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 Yes, they do but that won't hurt you much. Since 95% of the binary options traders lose money all the time, platforms need not manipulate the price. They end up in profit most of the time. However, there are only a few times where more than 60% of traders will win a trade, that is the time when you can expect platforms to manipulate the price. In this YouTube video , I have explained, How do Binary Options brokers make money? Do Binary Options brokers manipulate the price action? What, When, and How Binary Options broker Manipulate the price or candlestick? Related Article:  Are the candlesticks chart the same across all binary options platforms? Check out my official website for more details on binary trading.

Best brokers for binary options trading?

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Many brokers offer binary options trading but the following are well reputed and globally recognized ones. The below order is not necessarily their ranking but just a list item. IQ Option Olymp Trade Binomo Pocket Option Remember, always choose a broker that's based in your country or the broker in a country where it is easy for you to transfer or receive money. If you like to open an IQ Option account, register for a free demo account with 10,000 dummy dollars Check out my  official website for more details on binary trading. Learn how to trade with pure candlestick psychology for free Related article:  How to open a Binary Options trading account with IQ Option?

Are the candlesticks chart the same across all binary options platforms?

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 Yes, as in whole (For example, 1 hour, 4 hours, 1-day candlesticks)  but individual candlesticks on a smaller time frame such as 1 minute, 5 minutes will differ frequently. This is because of the reason some platforms consider 6 digits after the decimal point of the forex chart and some consider only 5 digits and some even consider 4 digits. Also, independent platforms such as IQ Option, MT4, MT5, Olymp Trade, Binomo, Pocket option, etc... who run the chart on their charts and copy from actual servers sometimes get a network connectivity delay/lag in receiving data from the main forex servers. That's why you may find a bullish candlestick on one platform and a weak bearish candlestick on another platform same time. You can overcome this lag, By connecting to a server whose delay time is minimal. By monitoring different platform charts at the same time to find out if there is a delay. You can see a frequent difference in candlesticks of MT4 & MT5 charts when compared with ...

Can I use Binary Options Trading Strategy for Forex Trading and vice versa?

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 Yes, as long as you are using the same time frame candlesticks to refer to both Binary Options or Forex chart and the trading strategy is intact. Whether you use binary options strategy on forex or vice versa, you will get the same results because price action is globally the same on a similar time frame. Remember, the trading strategy will work in the same way it works in binary options. This might not be useful for forex, as in forex we usually keep the buy or sell lot open for a longer time than the binary options. For example, if you have a working strategy of 1-minute candlesticks, that will work fine for both binary options or forex 1-minute candlesticks. Related Binary Options FAQ:  What is Binary Options Trading? Learn, How to trade Binary Options with a candlestick analysis for free  Check out my  official website for more details on binary trading.