French Regulator Waives Bans on 24Option

24Option Com Logotype

The French financial regulator i.e. Autorité des Marchés Financiers or AMF has said that they will be waiving the ban off Binary Options, CFD, and Forex trading broker 24option.com. The removal of this prohibition ensures that the service will soon start operating in France.

The parent company Rodeler Limited which holds a valid CySEC license for 24option in Greece has said that the ban was enforced in August 2016. The AMF through its findings stated that 24option was offering Binary Options trading brokerage services to clients in France.

The AMF has now stated that since the ban was enforced the company (24option) had taken all the required measures to fix the situation. All of this means that 24option will now retool its service offering in the country thereby offering only CFDs and trading options which are allowed in France.

France is often recognized as being one of the strictest financial regulators in Europe especially when it comes to trading using leverages, currencies and binary options. Last August a blanket ban was enforced on advertising of all types leveraging trading services in France. However, it was later clarified that the ban didn’t restrict CFDs that used stop-loss measures.

AMF Badge

AMF is the regulatory authority in France

The primary requirement which 24option had to deal with was to install and ensure a hard guarantee type stop loss for every type of CFD trade. Each trader can only enter into a CFD trade with a particular stop loss in place and only then can the trade be executed. Clients that have zero equity will be automatically stopped from trading which ensures that traders don’t have negative balances.

Even though 24option will see this as good news, the company has managed to find itself in trouble more than once as of late especially with regulators. The company had applied for a Forex Brokerage license in Russia but which was turned down. 24opion has also received a warning from the FMA which is the New Zealand’s financial regulator.

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AnyOption Set To Merge With Invest.com

AnyOptionLogotype.jpg

Industry sources have revealed that Anyoption which is one of the biggest binary options brokers is expected to merge with Invest.com.

Invest.com is one of the leading portfolio management service providers. As a consequence Invest.com will be leading the merged entity. However, we are still not clear on how much the business was acquired for at the moment.

As part of the merger, both Anyoption and Invest.com will work towards creating regulatory and operational cooperation. For Instance, Invest.com will hire South African citizens since Anyoption has a license to operate in the region.

However, information is still sketchy as to if the resulting entity will drop the Cyprus Securities and Exchange Commission licenses, which is held by both services.

$5 million domain acquisition

The CEO of Anyoption, Shy Datikia said that the resulting entity will keep all the binary options services that it’s famous for, also adding portfolio management to its offering by Invest.com.

According to many sources who are privy to the matter have revealed that Anyoption will also be bringing onboard its extensive list of clients as part of the merger.

Invest.com was worth $5 million back in 2014, and that’s what was paid to acquire the domain by the company as a strategy to make headway into the forex industry by offering an all asset brokerage.

Invest Com LogotypeInvest.com was launched in May 2016 as a portfolio management service after having raised over $20 million in venture capital funding. The brand new platform was geared towards the United Kingdom with the goal of providing retail access to people seeking alternative forms of investments.

The mother company behind Anyoption.com i.e. Ouroboros Derivatives Trading Ltd obtained its CySEC license no. 302952, in 2012 and has since become a well-known brand in the trading industry.

Cysec Regulatory Authority

CySec is one of the main regulatory authorities in the binary options industry

Anyoption.com has been faced by growing regulatory pressure in its country of origin which has raised its cost of doing business significantly taking its toll on the business.

In August 2016, the company opened two brand new offices in Cyprus and Bulgaria which was part of its exit strategy from Israel (the country of origin.) Two months after the offices were opened it was granted a license for Portfolio Management and Investment Advice from CySEC.

Recently we have learned that Anyoption shuttered its call center services in Israel, which consequently laid off 80 employees. The move was mainly seen as part of a set of instructions that were sent by CySEC to binary options services operating in territories other than Europe.

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Why Choose Regulated Binary Options Brokers?

EU regulated

If you have been trading binary options for some time, you have probably noticed that there are two types of brokers out there: regulated and unregulated. In some countries such as the USA, it is compulsory for traders to register with licensed and regulated brokers. In others (nearly all European countries) it is not an obligation but still, traders prefer to work with a regulated broker. Why is that? What are the benefits? Let’s find out!

Why Is Binary Options Trading So Popular?

Trading binary options has been becoming increasingly popular for many years now amongst beginner as well as seasoned traders. Compared to other forms of online, binary options are easier to comprehend and get a grip of. The most important thing is that the trader is informed of all the risks and the rewards that their trades can result in at all times. Considering this, it is crucial to understand that in order for a binary options trader to succeed, it is important that they choose to trade with regulated binary options brokers and use reliable instruments for this purpose.

Why Trade With a Regulated Broker?

All in all, there are three possible reasons traders prefer trading with regulated brokers only. They are:

  1. When trading with a binary options broker, you buy binary options right from this very broker. It is for this very reason that it is of most extreme significance that you pick a reliable representative to work with. This would imply that regulated brokers are more interested in their traders’ success. Therefore, they are simply a better choice.
  2. Regulated brokers must keep up the assets of their customers independently from their company’s assets. This way, if anything happens to the broker, its traders will still get their money.
  3. Regulated brokers have to guarantee that they are in possession of an adequate amount of financial capital that allows running their trading operations with no issues

As you can see, there are numerous benefits to choosing a regulated broker over all others that are on the market. After all, having the right broker is one of the most important things in your trading strategy, so why take a risk.

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SpotOption latest platform version Spot5. Our Thoughts.

spotoption homepage

spot-option-platformOne of the leading technology providers on the binary options market, SpotOption, has recently reported its most recent platform called Spot5. It will be released at their upcoming IFX EXPO in Cyprus on May 23-25.

This platform will focus on meeting the regulations when it comes to trading products. Additionally, it will be offering brokers automated trading solutions for managing their trading activities. From now on, SpotOption is working with the autonomous approach with online brokers, which is said to be the way all trading will work in the future.

Together with an updated and improved mobile app and its multi-platform tech solution, the new platform will be providing brokers with automated solutions both for traders and brokers. The SpotOption developer team also told us CFDs and Digital Contracts will be included in the Spot5 platform as they are currently approved by all the major binary options regulators around the world and are quite popular among traders.

Screenshot

spotoption homepage

The newest services that are included in tech solutions for brokers include automated sales and marketing instruments allows traders to pass on call centers and help them solve their issues with highly reliable technology. Also, the marketing materials always pass regulatory checks, so brokers needn’t worry about crossing any boundaries without knowing it.

One more thing that is worth mentioning is the Spot Algotrader feature. It was developed with the aim to provide traders with automation and help with creating and implementing formulas and strategies. The Algotrader lets traders align their actions to their analytical results and form strategies accordingly.

Many of our top recommended brokers are using SpotOption technology on their trading platforms. Amongst them are such market leaders as BDSwissFinpariBinaryTilt, and ImperialOptions. Therefore, we are very excited to see these future technological developments, test them ourselves and hear our readers’ opinions on them.

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What to look for in a broker’s mobile trading app?

mobile trading

When choosing a binary options broker, one of the things you would want to check is whether it has a mobile trading platform and how good it is. Even if you are mainly trading using a desktop and are not planning to trade on the go, having such an opportunity will come handy when traveling or just commuting to work. It’s nice to have an option to earn some money even then, so make sure you have one.

With this in mind, is there anything specific one should look for in a mobile trading app? The answer yes, and here is what you need to consider.

1. Updated rates always available.

The most important thing, as well as the biggest challenge, is the availability of a continuous flow of updated rates in your mobile app. Some delays for a few minutes or even hours occur often in some apps. This is either because of some technical problems or a weak internet connection. What you need to look for is the assurance that the rates are taken from the feed which is later converted using a web socket. This way, the rates are then usually the same as those on the web server.

2. No internet problems.

In case you move from WIFI to a mobile network, your mobile trading application has to be able to recover all the data and operations that were conducted during this move. At that point, a user will not be disconnected and will be able to continue using the app and not lose any data. To assure this is not as easy as it sounds. If it just so happens that you just opened a position, you need to be sure that you can continue from the last action you conducted with the previous connection. This requires a great degree of technical backup. Any mobile trading app should also have an offline mode available. It’s not the best, but it gives you more access not depending on the circumstances they might encounter. When offline, you should still be able to access basic features such as you trading history.

3. Quick processing time.

It’s pretty obvious that the fastest possible processing time should be a priority for mobile trading. Once you have placed a trade, a broker should be able to quickly proceed with it.  In case there is any delay, the whole point of the deal might be lost, especially if your trade had a short expiration time. Speed is everything in trading, so that’s definitely a thing you would want to have in your mobile app.

4. User-friendly.

No matter how fast and reliable the app is if it’s heavy and difficult to use, there is no way your trading will be successful. Having to trade on a mobile device makes the design much more important than anywhere else. The way it looks and feels needs to needs to be carefully considered and cannot be compromised just as its performance characteristics.

If the app is overloaded with information, this is also awful for the user. It’s important to be able to differentiate between information that is crucial, less important and not important at all. Make sure you can do so at the fist glance at the app.

5. Secure.

For sure, one of the biggest concerns of traders when trading on mobile is security.  How safe is it to trade using your smartphone after all? No need to worry about that! People are often worried about security on mobile devices However, this is just a matter of stereotype. Nowadays, mobile trading is just as secure as any other form of it. On a mobile just as on a desktop, the level of security is pretty high. So your only concern should be choosing a reliable broker. If desktop trading is secure with it, mobile trading is as well.

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China Outperforms Other Regions in the First-time Binary Options Deposits

IQoption

We at 7 Binary Options were quite amazed at the latest binary options industry reports. According to the data presented in them, China well outperformed other regions in regards to the first-time binary options deposits. According to the sign-ups in this region in January 2017, the attention to this region really paid off: the new users from China that opened their accounts during this month with the biggest deposits than on any new market before this.

So what are the countries that are leaders in first-time binary options deposits?

They are the following: China, Turkey, Germany, Poland, the UK, Slovenia, Singapore, France, Switzerland, the Netherlands. Let’s take a look at the diagram below:

first deposits in binary options by country

 

However, China still has to show a lot of progress in order to break the overall deposit record. This ranking is still mostly dominated by rich countries (UK, Singapore, Kenya, Australia, the Netherlands, Denmark, Poland, Kazakhstan, Mexico, Cyprus). Check out the diagram illustrating this ranking below:

average deposits in binary options

So there’s definitely a long way to develop for this market. But as we can see, it already started strong and keeps on growing. So it is possible that in a short period of time we’ll see the last graph change to include China as well.

The latest publications about the binary options industry are created with a simple approach of including the data from the main sources of top players on the market.

Nowadays in the trading world, big-data analysis and having access to carefully selected and objective information sources are all very important things for success. Until recently, it has been very difficult to get it and quite costly as well, if possible at all, especially when it comes to practical information, statistics, etc.

Precisely for this reason, 7 Binary Options reviews all the important industry events daily in order to keep our readers up-to-date with everything that is happening on the market. Additionally, you can always check out our Education section with dozens of useful and helpful articles for binary options traders of all levels of experience and knowledge.

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Binary Options Exchanges: What Are They and How To Trade Them

Daweda Exchange-logo

The binary options market is forever evolving as many new products and services are coming to it. Binary options exchanges is the latest news out there. It offers an entirely new trading experience for traders everywhere.

As binary options are already well-known all around the world, many traders are already familiar with this area. However, binary exchanges represent a new step in our trading journey. But what is it exactly and how take advantage of it? Let’s find out together.

What is a Binary Options Exchange?

Basically, binary options exchanges represent a new revolutionary way of trading in binary options markets. When we look at traditional binary options trading, we see that a trader places trades against the broker that they had chosen. Because of this, many traders believe that broker faces a conflict of interest and traders as a result can stop traders from making a profit. But this is definitely not true for many brokers out there.

How to Trade Binary Options Exchanges?

If you decided to trade on binary options exchanges, you must understand how to proceed first. Once you have registered and made an initial deposit, you start taking positions against your peers and binary trading colleagues. This way, on the other side of your trade, is not a broker but another trader.

On the other hand, this system also allows it that sometimes when you are trading binary options exchanges, there is no one on the other side of the trade.

The binary options exchange rates differ from exchange to exchange as it’s not as simple as only two binary options that have exactly the same level. The technology behind binary exchange is also different: some of them are traded quite similarly to traditional binary options trading but other others are not. Binary exchange technologies often enable platforms to even offer automated trading. This is the case with Daweda Exchange, one of our top recommended binary options exchanges.

Daweda Exchange uses binary options exchange together with an algorithm that lets traders place automated trades on the binary exchange as well. This methodology is very rare on the market and definitely requires traders to do some extra research and read educational materials on how auto trading works with binary exchanges. But if you undertake this challenge, the experience can provide you with a new type of binary trading entirely.

Screenshot

cysec license daweda

Binary Options Exchange the USA

nadex exchangeWe often get questions from the binary options traders in the States. They ask whether there are any binary options exchanges that accept traders from the USA. And we have some good news for them: there most certainly is such a service! More than that, it is completely licensed and regulated on the US territory.

The regulatory body for binary options trading in America is called by the CFTC. It serves as a replacement of CySEC in the EU and its task is to make sure all operations are done correctly and fairly to the traders. The US licensed binary options exchange is NADEX, which received many positive reviews from traders and came highly recommended by us as well.

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How to Secure Your Trading Funds: Simple Old Techniques

binary funds protect

Trading binary options (as well as any other similar trading instruments) always has a certain risk level. However, you don’t have to take on more risk than it is necessary. As a trader, your success is often tied to the performance and reputation of the brokerage that you have chosen for your trading. Therefore, signing up with a broker that does not take responsible measures to protect its traders’ funds is only going to result in losses. It is simply a bad business.

If you know you have entrusted your hard-earned money to a reliable broker and your money is safe, you can keep the peace of mind that helps them sleep at night. But what should you be looking for in a broker before you sign up? Let’s find out about it!

Risk management

During a potentially volatile event (for example, elections and political announcements) and especially during the times of unexpected market volatility (black swan type of events), trading with a broker that has set in place an advanced risk management processes is important for ensuring your funds will be kept secure.

Using educational materials

You need to make sure your broker can provide you with good educational tools: ebooks, educational webinars, articles, videos, and so on. Those are all great marketing tools that provide traders with valuable information. Educational materials help traders to fully understand the issues regarding trading and to establish their own trading strategies that help them with the trading. Check out what educational tools are provided your selected broker.

Segregated accounts

It is a common practice to maintain segregated accounts and it is compulsory by regulators across the board. So if a particular broker that does not maintain separate accounts for their trader’s funds, that is already a major red flag.

Insured funds

Finally, some brokerages ensure the safety of traders’ funds through fidelity bonds placed with insurance companies. Ask customer support in advance if this is possible with your selected broker. This can save you a lot of trouble in the future.

Conclusion

If you are looking for good ways to trade binary options, make sure you sign up with a broker that really cares about its traders and can protect them with business practices that work to secure their funds.

Consult the list of our recommended broker to find out more about your options.

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How To Trade Successfully Using Binary Options Robot Software?

Binary Options Robot Logo

Binary Option Robot news

Binary Options Robot has long ago recommended itself as a leading binary options trading solution available on the market.

Its position has been further strengthened with recent upgrades introduced by this software which is directed by a sophisticated trading algorithm. There are many characteristics that make this binary software stand out from the growing number of other trading software on the binary options market. Binary Options Robot is absolutely free, completely web-based and can be accessed from any browser, and it will never go ahead with a trade if a user is not online.

Binary Options Robot features are one thing that any trader can use not only to potentially increase profit rates but also to increase their general understanding of binary options. Improved knowledge is important for all traders, just like understanding potential risks. Binary options trading is not an easy fix for making money but a careful and well-though strategy in action. Automated trading in its turn can provide completely different binary trading experience. All features we mention here can improve the success rate and profit a trader makes when using Binary Options Robot.

vip features

Binary Options Robot VIP Account – the Ultimate Tool for Achieving Great Results

Binary Options Robot has some additional features that can help traders to make more profit and customize trades. VIP account is available to all traders who deposit with numerous brokers or deposit for the first time. VIP account is absolutely free. It has many amazing features that can be very helpful for anyone if used in the right way.

How to use Strategies with Binary Options Robot VIP Account?

There are four different strategies available through VIP account that you can choose from. When you select one of them, the algorithm is using this information to find binary options signals that you can use for making a profit. But just selecting some particular strategy is not sufficient by itself, so other elements should be considered as well.

How to Make Profit By Setting a Risk Level?

Setting Risk Level on Binary Options Robot can help you to make a profit. Before proceeding, make sure you understand the basics of risk management in binary options trading. Risk Levels are marked with different colors and which are defined by how many trades are placed on them. The higher this risk level is, the higher is the number of trades placed on it.

How to Use Expiry Times with Binary Options Robot?

Binary Options Robot VIP account also lets traders manipulate expiry times. You can select longer or shorter expiry times. However, remember that long-term and short-term trading are not the same things. Long term trading is cons, so be aware of that.

Is It Possible to Make Profit with Binary Options Robot?

If you approach binary options trading with care and do some research, you can always expect better trading results than those traders who trade mindlessly. Even though Binary Options Robot is all about automated trading, this doesn’t mean that traders shouldn’t have any knowledge about the product. Binary Options Robot features and settings can certainly be the key to making a profit with automated trading.

No doubt, you must not only understand features but binary markets in general. Find a perfect combination for them and use wisely. There is no one single solution. Making a profit using Binary Options Robot requires some effort on your side, but it quickly becomes a favorite tool for traders who enjoy taking advantage of automated trading.

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Classic Option by IQ Option

IQoption

IQ Option recently introduced Classic Options, the long-awaited addition to our family of financial instruments.

So what is so remarkable about this new financial instrument? How is it different from the binary options you are already familiar with, and what can classic options do for you?

Let’s take a look. First of all, let’s compare classic and binary options and identify their key differences. While binary options are often called “all or nothing” options because you know the profit percentage for a successful trade in advance, classic options literally have no upper limit on their profit potential. While the maximum earnings on binary options was 91%, with classic options we have already seen yields around 5000%. Yes, you heard right!

The yield on classic options can reach mind-blowing levels. It’s hard to imagine that you could invest $10 and earn $500, but it’s true. In addition, the minimum investment for binary options was one dollar, while you can purchase classic options starting from 6 cents per option. And don’t forget that losses are limited to the amount of your investment. So your potential profit is unlimited, but your losses will never be more than the amount you invest in the asset. Another striking feature of classic options is that you can exercise your purchased options at practically anytime and take your profit without waiting for the expiration.

With the launch of classic options, IQ Option also expands its arsenal of available assets to cover the entire S&P 500, the list known to every economist as the 500 most profitable American companies.

 And this makes fundamental analysis much simpler and more rewarding.

 It’s one thing to sit and wait for news from the world financial elite and analyze statements by Mario Draghi and Marine Le Pen in order to predict the behavior of a currency pair. 

When you have the entire S&P 500 list of assets available to you, financial analysis is much easier to understand and apply.

The S&P 500 covers almost every industry and product, so you can trade the shares of a company that means something to you. Is Netflix launching a new series? Is Nvidia releasing a new video card? Did Lockheed Martin announce a new weapons contract with the U.S. government?  Is 21st Century FOX shooting a new blockbuster?

Now you have the chance to make a profit based on corporate news that you were probably already following. Besides, all classic options can be traded on the real stock exchange. This instrument will be commission-free for the first three months so that everyone has a chance to try it out and fully appreciate the advantages of classic options. Classic options may seem more complicated at first than the binary options you are familiar with. And in general, they are. But IQ Option has lived up to its name and reputation once again and developed a unique, intuitive system for trading with this instrument. For the convenience of our traders, the platform offers multilingual training videos that explain the concepts and features of classic options, and if you have any unanswered questions, IQ Option has a support team available 24/7 to provide prompt and thorough answers.

There is clearly a certain level of difficulty involved in trading classic options, which reinforces their higher profitability. However, IQ Option does everything possible so that anyone can trade in this instrument, with in-depth training and round-the-clock support. Classic options offer vast trading potential coupled with a simple and user-friendly trading terminal, which makes this a unique financial instrument that will be appreciated by novices and experienced traders alike. The chance to trade assets familiar to you means you can profit off of your passion for news and information.

Open a Free Account by Clicking the Green Button Below

When you deposit more than $200, you’ll get extra rewards, but with $1000 you’ll get massive benefits!

Get also a VIP access with a deposit of at least $3,000, and with the highest deposit amounts you’ll also be rewarded with extra benefits on each deposit.

Open Free Account

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