Category Archives: Reviews

TraderXP Review: A Skeptical Review Of The TraderXP Platform

TraderXP Review: While I try to maintain objectivity when reviewing binary options trading platforms sometimes it is hard to ignore the masses. The TraderXP binary options trading platform has a lot going for it. From a usability standpoint and general appearance it is one of the best looking platforms around. And with over 80 assets to choose from and Option Builder functionality that allows traders to specify expiry and risk/return characteristics, TraderXP sure looks like a winning platform for your binary options trading activities…

traderXP review

However, I’ve had more traders complain to me about TraderXP than all other platforms combined. A quick web search yielded a variety of TraderXP complaints, everything from extremely poor customer service to lack of withdrawals. Here’s a sampling from a “TraderXP Review” Site I recently frequented (http://www.traderxpreviews.com):

TraderXP Review

TraderXP Review

So I can’t really give a recommendation for TraderXP in the face of these complaints. In interest of fairness I do invite any representative from TraderXP to respond to these complaints and I will post your rebuttal right here for all to see. In the mean time check out some of our other binary options reviews in the menu bar above.

TraderXP Review

Global Option Review: A Comprehensive Look At The Global Option Trading Platform

Global Option Review: Launched in early 2010, Global Option has been providing binary options traders a robust binary trading platform with an ample supply of assets to satisfy even the most discerning traders. In this “Global Option Review” we highlight several areas of the Global Option binary options trading platform that distinguishes them from the competition.

Global Option Review: Key Characteristics of the Global Option Platform

global option reviewHigh Returns: Global Option offers binary traders some of the highest returns in the market with some of the more highly liquid names garnering hourly returns of up to 95%. The industry average return for hourly binary options typically lies in the 70-80% range.

Large Selection of Assets: With over 80 binary options available for trade Global Option yields the largest (or awfully close to the largest) number of tradeable assets. Of note is the large selection US equities, by far the most variety of US stocks on any binary options trading platform.

Sell Option: Global Option allows binary options traders to sell out of winning positions prior to expiration. This is a nice feature for binary traders that are looking to minimize risk on a trade-by-trade basis. The Sell Option functionality is not available across all binary platforms, so having it is a definite win for Global Option.

Daily Options: This remains a mystery to me. I’m still not sure why all binary options trading platforms do not have daily / end-of-day binary options, it just makes sense. And given the fact that most binary options signals services require end of day expiries you would think binary platforms would all eventually offer them. Global Option is one of the few that offer daily binary options, an advantage in my eyes.

Financial Calendar & Weekly Market Overview: While most platforms provide some form of daily or weekly market commentary, very few if any provide a financial calendar built within the platform. While this isn’t the most groundbreaking of items, it is a nice bonus for traders when organizing your trading day game-plan.

US Traders Welcome: Global Option currently allows US Traders to trade stock and index binary options!

You really can’t go wrong with Global Option, especially if you prefer to trade stocks from a binary options perspective. You can test drive Global Option by clicking on the link below. New depositing customers of Global Option can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the links in this Global Option review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

Global Option Review Platform & Binary Options Bonus

Global Option Review

OptionFair Review: A Comprehensive Review of the OptionFair Binary Options Trading Platform

OptionFair Review: Continuing in our series of binary options trading platform reviews, up next is an OptionFair.  One of the earlier binary trading platforms to appear on the scene in 2009, OptionFair has steadily been making a name for itself primarily in non-US territories. But what really makes OptionFair different from the rest? Let’s take a look in our exclusive “OptionFair Review”:

optionfair reviewTwo areas of differentiation immediately stick out when looking at OptionFair, boundary trading and one-touch trading.

OptionFair Review – Boundary Trading:

In addition to the standard high/low type binary options trading, OptionFair allows traders to place trades on whether a given asset will finish inside or outside a defined range. If you believe the asset will finish higher than the upper target or below the lower target, simply press the ‘Out’ button; otherwise select the ‘In’ button to express a view that the asset will remain within the defined range. Not too many binary trading platforms offer this Boundary Trading functionality and OptionFair does it really well.

OptionFair Review – One Touch Trading:

Another type of trading OptionFair offers that most other platforms do not is One Touch Trading. One Touch Trading has been made popular by several other leading platforms that offer this functionality primarily on the weekend. OptionFair offers One Touch Trading across all expiries. Under One Touch trading, binary traders select ‘Touch’ if they believe the asset will touch the defined level ANYTIME before expiration or select ‘No Touch’ if they believe the asset wil not touch the defined level ANYTIME prior to expiration. I stress ANYTIME because under other platform One Touch functionality, the asset needs to touch and stay above(below) the defined upper(lower) level to profit.

With expirations ranging from 15-minutes to end of day and attractive binary options bonuses including an Apple iPad 2, OptionFair is definitely a platform binary options traders should check out.

New depositing customers of OptionFair can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the links in this OptionFair review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

The OptionFair Review Trading Platform

OptionFair Review

EZTrader Review: Updated Review of the New EZTrader Binary Options Trading Platform

EZTrader Review: With all of the new changes over at EZTrader I felt it was only right to take a fresh look at the EZTrader binary options trading platform. EZTrader was one of, if not the, first binary options trading platforms to hit the market back in 2008 and pretty much stayed the course until earlier this year when it was acquired by Win Global Markets. New leadership has infused new life into the EZTrader platform, making it a lot more competitive with the newer more technologically advanced platforms that have launched since its inception. Instead of rehashing what has already been said about the original EZTrader platform, let me highlight the significant changes made to the platform of late in our exclusive “EZTrader Review”:

eztrader review

EZTrader Review – Lock-Out Period Reduced:

The most common complaint of the original EZTrader platform was its industry high 15-minute lock-out period. Traders spoke, new management listened, and now EZTrader maintains a 5-minute lock-out period for all assets, placing them in line with other leading binary options trading platforms.

EZTrader Review - No Spreads:

Another newer enhancement on the EZTrader platform is the elimination (mostly) of spreads. During normal trading hours, traders can now execute a put or call purchase at the same price, a definite win for the trading community.

EZTrader Review - Sell Option:

The Sell Option feature allows traders to close out of their winning trades prior to expiration and essentially lock in your profits before seeing them wiped away by ugly reversals.

EZTrader Review - Higher Bonuses:

EZTrader seems to change their bonus offers on a daily basis. In the past the most you’d ever see highlighted on the site was 45%. Nowadays EZTrader is offering bonuses as high as 65% during special promotions, a nice advantage for binary traders

EZTrader Review - Withdrawal Time:

At the inception of the binary options industry it was normal for withdrawals to take anywhere between 10-14 business days. Over time that number has come down and now I’d say the industry average is somewhere between 3 and 5 business days. EZTrader comes in at the low end of that range, promising traders a 3-business day withdrawal period.

With the new features highlighted above and the largest selection of assets to trade in the binary options marketplace, it may be time to reconsider EZTrader for your binary options trading activities. Check out the brand new EZTrader experience by clicking on the link below.

New depositing customers of EZTrader can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the EZTrader links in this EZTrader review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

The New EZTrader Review Trading Platform+ Bonus

EZTrader Review

TradeRush Review: A Comprehensive Review of The New 60-Second Binary Options Trading Platform

TradeRush Review: As you well know there are many binary options trading platforms on the market, all offering pretty much the same basic functionality with little tweaks to differentiate from the pack. However, we’ve come upon a new binary trading platform that is making a huge leap in terms of binary options trading functionality…TradeRush has arrived!

traderush reviewClick Here To View The TradeRush Binary Options Trading Platform

What Makes The TradeRush Platform Different From The Rest?

Instead of boring you with a detailed list of how “TradeRush Review” compares to the competition on deposits, number of assets, charting etc… I feel it is important to highlight a few areas that should excite you as a binary options trader:

TradeRush Review – 60-Second Binary Options

This exclusive functionality is sure to revolutionize the binary options trading marketplace. Yes it is possible to profit every 60 seconds on the TradeRush platform. Think of the possibilities…Profit 81% from breaking news movement (i.e. earnings, M&A, downgrades, the Fed, etc…) the sky’s the limit. This is the true definition of event trading. Regardless of what other binary platform you may trade on, I would sign up with TradeRush for this functionality alone. Check out the demo of the TradeRush 60-Second Trading Platform below:

TradeRush 60-Second Trading Platform Demo Video

TradeRush Review
TradeRush Review – Lowest Lock-Out Period

The Lock-Out period is so critical in binary options trading, the more control you have over your positions the better. The industry standard across most binary options trading platforms has been a lock-out period of 5-10 minutes. TradeRush  obliterates the competition by offering an industry low 2-minute lock-out period on select assets… Definitely a win for the binary options trader!

TradeRush Review – Weekend Trading

The TradeRush platform offers One Touch Weekly Options trading. We discuss in detail the many benefits of One Touch Weekend trading and how to profitably trade these high return (up to 700%) options in our Binary Options Cheat Sheets. Not many platforms offer this functionality so its good to see this offered on the TradeRush platform.

TradeRush Review – 50% Instant Bonus

Visitors of this Binary Options Weekly website will receive an instant 50% bonus for new deposits to the TradeRush platform. Collect your bonus by signing up through the TradeRush links in this TradeRush Review or elsewhere on this site.

TradeRush Review – US Traders Welcomed!

With over 60 assets to choose from, including the largest selection of commodities available on binary options trading platforms, TradeRush offers a little something for everyone. The 60-second functionality is worth signing up alone. The low $100 minimum investment, 2-minute lock-out period, and 50% deposit bonus is the icing on the cake. So don’t miss another opportunity to profitably trade breaking news, check out TradeRush today by clicking on the link below.

In addition to the 100% Instant Deposit Bonus, new depositing customers of TradeRush can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the TradeRush links in this review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

The TradeRush Review Binary Trading Platform

TradeRush Review

 

Important OptionBit Review Update!!!

Major changes happening over at OptionBit so I just wanted to fill you in, starting today…

  • Brand news assets added: Silver, Copper and DAX (German Stock Exchange), each offering a return of 75%.
  • 81% maximum payout has increased to 91% for Touch Trading in-the-money results.
  • Extended trading hours of several assets.
  • 24 hour trading access on major assets like EUR/USD and USD/JPY.
  • The hugely popular “Touch” trading is now accessible for all assets.
  • Weekly trading options for GBP/USD, EUR/USD and USD/JPY

And don’t forget new depositing customers can still receive over $1200 in trading bonuses when registering for OptionBit through the link below:

OptionBit Review Bonus: Over $1200 in Trading Systems, Courses and Apps!

Binary Options Insanity: First Look At The Newest Binary Options System Launch

Binary Options Insanity, the newest binary options trading system from the makers of the super successful Striker9 system, has generated some good buzz of late for its effectiveness in producing profitable trades. For those that don’t know, Binary Options Insanity focuses solely on 1 asset, everyone’s favorite stock…Apple (AAPL). With an intent focus on the movements of this one asset, the binary options insanity team has put together a user-friendly, simple trading system to profit from Apple stock movement using binary options. Unlike other binary options systems, Binary Options Insanity allows for trading of Apple during all US market open hours, providing multiple trading opportunities each hour.

Rather than blather on about the Binary Options Insanity system, we invite you to take a look for yourself by clicking on the link below:

 Binary Options Insanity – Click Here for the Crazy Details!

Binary Options Pro Signals Review – Real Time Analysis

I just couldn’t pass up the $7 trial for the Binary Options Pro Signals so I figured I’d conduct another review ala Striker9. Below I will walk you through step-by-step how to get started with the Binary Options Pro Signals service. For those who haven’t taken the leap simply click on the link below to begin your $7 trial.

Binary Options Pro Signals — Just $7 to Start

Following payment I was taken to the members area where I could access previous detailed performance with options including today’s signals, yesterday’s signals, and last 30 days results. A quick check shows these signals seem to be legit.

The Binary Options Pro Signals service monitors 10 assets with commodities, forex, and indices represented. Interesting enough no stock signals are currently being offered. I guess it really doesn’t matter what I’m trading as long as the binary options signals are fairly accurate. In general any binary options signals service needs to be correct around 55% of the time to yield a profit. With historical accuracy trending around 73% the Binary Options Pro Signals seem to be on the right track but now we put it to the test.

Every morning the Binary Options Pro Signals delivers daily signals for the relevant assets. Note – signals are not generated on each asset every day. In addition to the daily email I sign up for real-time emails for all 10 assets, which will be delivered when an asset is closing in on a specified level.  That’s pretty much it in terms of set-up. For those that don’t have binary options trading accounts we recommend Anyoption and Banc De Binary as these platforms offer the greatest number of end of day expiries which you will NEED to participate in the B.O.P.S. service.

Binary Options Pro Signals — Just $7 to Start

Day 1: Received the daily binary options signals email at 8:30 am ET alerting me to potential signal levels for 5 of 10 assets. Throughout the morning I receive alerts that Crude Oil is approaching a level I should act on to purchase a binary call.  After logging into my account I see that I should purchase a binary call if Crude is trading below 91.17. I lock in a purchase price of 90.952 and walk away. Crude finished the day at 91.075 and thus I win. However the closing price was not above 91.17 for what it’s worth, though a win is a win. (1-for-1: 100%)

Day 2: Received the 8:30 email alerting me to 5 potential signals for the day. Receive an alert around 12:30 ET that the USDCAD is closing in on a potential put purchase level. I purchased the binary put with the USDCAD in an uptrend. The USDCAD traded around the target level for a while before taking off to the upside…not so good. The position finished out of the money, will be back on Monday (1-for-2: 50%)

Day 3: No Trade.

Day 4: Received 5 potential trades around 8:50 am, a little later than usual. A half hour later received notification that the USDCHF was approaching the target level. It has been hard for me to purchase binary calls (puts) in a declining (increasing) trend, but the signal was to purchase a binary call with levels at or below 0.8307. I purchased right below 0.83 and watched as levels continued lower, fortunately the trend reversed and I ended up in the money at 0.8329.

The binary options pro signals service also alerted a potential trade in the GBPUSD. Full disclosure I did not trade this one but looking back at the charts you would’ve had to be staring at the charts to act on this one as a put signal was created at the very top of the range 1.604. This level was provided in the morning email so I’ll chalk up this up as a win for the binary options pro signals service. (3-for-4: 75%)

Day 5: No Trade.

Day 6: Frustrating loss in the USDCHF today, missing a winner by a few pips.  Given the USDCHF trade from 2 days ago along today’s trade (despite the loss), the binary options pro signals seems to do a good job of selecting appropriate purchase levels, especially in the USDCHF. (3-for-5: 60%)

Day 7: Another close call in the USDCHF today but this time we ended up on the right side of things. The USDCHF finishes a mere 5 pips below the put purchase price. (4-for-6: 67%)

Day 8: No Trade.

Missed a few days but here are the most recent results:

Day 9: Winning trades on the EURUSD and Nasdaq 100; lost on GBPUSD. (6-for-9: 67%)

Day 10: Winning trades on EURUSD and GBPUSD. (8-for-11: 73%)

Day 11: Winning trades in EURUSD and Oil; losing trades in GBPUSD and AUDUSD. (10-for 15: 67%)

Day 12: Winning trade in Nasdaq 100, losing trade on Oil. (11-for-17: 65%)

Day 13: No Trade.

Day 14: Winners in AUDUSD and GBPUSD. (13-for-19: 68%)

Day 15: Winners in Oil and AUDUSD, Losers in Nasdaq 100 and USDCHF. (15-for-23: 65%)

Binary Options Pro Signals — Just $7 to Start


Banc De Binary Review: The Future Of Binary Options Platforms Is Here!

Banc de Binary Review

Things are changing quickly within the binary options marketplace. Since late 2008 the growth of online binary options platforms has been staggering, with platforms seemingly popping up overnight to ride the growing interest in these simple fixed rate return options. Unfortunately many of the brokers structured their platforms in such a way that some regulators see them more as gambling platforms. This is bad news considering the recent shutdown of online Poker sites within the U.S.

I’ve had several conversations with management of multiple binary options platforms and I’ve been hearing 2 common themes: 1) Platforms are going to have to make a clear distinction very soon, either they are pure trading sites or simple gaming sites, and 2) consolidation of platforms is bound to increase. So as a true binary options TRADER where do you turn? Banc De Binary is doing things the right way and we explain here in our comprehensive “Banc de Binary Review”:

Banc De Binary – 25% Special Deposit Bonus

Banc de Binary Review – Profit Motive: First and foremost Banc De Binary is an exchange, a true trading platform that does not make money off of your losses. Banc De Binary trades your positions with other institutional desks and gets paid solely on increasing trading activity. This has been an issue with other platforms who have been known to limit trading or increase spreads on the most successful binary options traders, which naturally leads to…

Banc de Binary Review – No Spreads: Whether you realize it or not most of the binary platforms maintain a spread on each asset. Simply toggle between the put and call buttons to see just how wide or narrow the spread is for each asset you want to trade. By constantly altering the spread most platforms are able to protect themselves from consistently successful traders. No need to worry about this with Banc De Binary, using BDB’s trading platform you are offered one price for both put and call purchases.

Banc de Binary Review – Real-Time Price Quotes: One common complaint I hear from binary options traders revolves around pricing, especially settlement pricing. While the old school platforms do describe how they calculate their prices in the fine print, it can be frustrating when the prices do not match up with what your charts are saying. This is not a concern with Banc De Binary as it is one of the few platforms to use direct, real-time, pricing feeds from Thomson Reuters. Your prices = Chart prices, which is how it should be!

Banc de Binary Review – Management Access: Banc De Binary has nothing to hide. The firm’s CEO, Oren, is available and is regularly on the chat box interacting with traders. He’s a very forthright and blunt leader, so feel free to share questions and concerns with him and he’ll be sure to get back to you. He knows some of you have had bad experiences with other platforms so he is trying to make Banc De Binary as transparent as possible to gain your trust in the company and in the industry in general.

I can go on and on talking about the other benefits of the Banc De Binary platform (i.e. 5-minute lockout period, instant deposit/instant withdrawals, live trading coaches, generous deposit bonuses, option builder, etc…), but I recommend you check them out yourself by clicking on the link below and opening a practice account, takes 2 minutes, believe me you won’t be disappointed.

New depositing customers of Banc de Binary can receive a free copy of the Binary Options Blueprint, a free version of The Lazy Day Trader’s Binary Options Trading System along with over $1,000 worth of trading courses and systems highlighted in the Bonus of the Day box in the right hand column of the site. Simply click on any of the links in this Banc de Binary Review, sign-up for the platform, deposit the minimum amount, and forward your confirmation to the email address on our Contact Page at the top of the screen. Your binary options bonus package will be emailed to you upon receipt.

Banc De Binary Review – Free $50,000 Demo Practice Account

Banc de Binary Review

 

Binary Options Trading Platforms…Who You Got?