We have found out that GOptions is not a reliable broker and decided to blacklist it. 7 Binary Options does NOT recommend trading with GOoptions.
We recommend choosing one of our top binary option brokers instead:
Try also Binary Option Robot if you are looking for automated binary trading.
GOptions really cares about the investors that trade on their website. They constantly go the extra mile to maintain a website that is very trustworthy and user friendly. They also back it all up with an outstanding customer service team that is there to help the sites many investors any way they can. In a few of our articles we have emphasized that we like the site so much that we have broken down a lot of its great features and this article will be no different. We will take a look at their outstanding demo account.
So why is a demo account important? Demo accounts are important because they help an investor that is new to a website learn the trading platform risk free; it does not matter whether it is a beginner or a veteran trader. Any level trader needs time to adjust to a new trading platform and it is much more convenient to do that while not risking any money. Demo accounts were designed for just that purpose.
Demo accounts let the user trade while getting used to all the learning tools, market reports and other helpful information on the GOptions website. It also works the same way as the regular website when it comes to having helpful features that will take some of the guesswork out of a customer’s trading; especially where volatile markets are concerned. Better trading signals and better learning like GOptions has will go a long way toward helping with that. Those tools combined with the demo mode will hone investors trading skills to the point where they can trade for real with a lot of confidence.
One of the nice things about the demo account is that it is available to users of all account levels, so everyone can have an equal chance to learn the trading platform before placing trades with real money. The demo account is supplied because just learning how to use different trading strategies without practice is not very helpful; it is very helpful to an investor if they can observe a trade from start to finish in the demo mode.
All of this and more is available on GOptions and the site deposit is 100% refundable if the user decides they don’t like the trading platform. That is a nice peace of mind to have when joining any binary options broker; especially one that boasts a return on investment as high as 85%.
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References and Further Reading:
1. Trading system and method (L Yohai-giochais – 2007)
2. Foreign exchange risk management practices-a study in Indian scenario (SS Debasish – 2008)
4. Currency wars in action: How foreign exchange interventions work in an emerging economy (ML Moura, FR Pereira, G Attuy – 2013)
5. What Exactly is’ Bad News’ in Foreign Exchange Markets?: Evidence from Latin American Markets (C Maya, K Gómez – 2008)
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