Five Latest Binary Options from the Option Range Trading Platform

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Five Latest Binary Options from the Option Range Trading Platform

If you are an investor with Option Range online trading portal, there is some good news for you. Option Range has included five new assets to its existing set to offer you more in terms of options and make your binary trading endeavours more profitable. The platform already has an extensive set of binary trading options and these inclusions will further increase the range of it offerings.

Also, they have launched their latest touch and range options which you can avail on the existing assets. These two additions will give you additional trading options, like the ‘touch‘ and ‘range‘. If used wisely, they can help you in maximising profits.

3 European and 2 Asian Stock Options

Option Range has added a couple of Asian options and three European stock options to their offerings. These options pay three-fourth of the total amount you invest as returns, which is on par with some of the best profits available in today’s market. The trading options on the European front include BP, Siemens and Vivendi. BP options have the reputation of being one of the more profitable trading avenues and their addition will boost the profits of the traders significantly.

The Asian options include a couple of automakers, Toyota and Hyundai. The European assets will be available in the time interval of 0730 and 1530 GMT only. However, there are two intervals for trading the Asian assets. One is between 0000 and 0200 GMT, while the other interval is between 0400 and 0600 GMT. With the addition of these assets, the total number of assets available at Options Range will go up to 55.

New Touch and Range Options

In a bid to improve the services offered to its customers, Options Range has included the new Touch and Range options to its binary options trading services. The Range options can be availed on stocks of Google, Gold commodity trading, and DAX indices trading. The Touch options will be available on trading currencies of CAD/USD, trading of gold and S&P indices also. While the payout in the Range options varies between 67-69%, the payout in Touch options remains at 79%.

Binary.com Review

Binary.com

Broker Binary.com
US Traders Accepted
Company Name Binary (IOM) Ltd. and Binary (Europe) Ltd.
Headquarters Isle of Man (British Isles) and Malta
Regulation
  • Regulated by Malta Gaming Authority, license
  • Regulated by Gambling Supervision Commission in the Isle of Man and by UK Gambling Commission.
Bonus Type Match bonus
Bonus Size $500
Max Payout Not fixed
Out-of-Money Reward No
Trading Platform Binary.com, MetaTrader 5, Ladders
Early Closure
Deposit Options Credit/debit card, clickandbuy, Instadebit, Moneta.ru, Skrill, Neteller, QIWI, Ukash, WebMoney, Bitcoin, Litecoin, Western Union, bank transfer, iWallet, 365Cash
Deposit Currencies USD, EUR, GBP, AUD
Minimum Deposit $5
Minimum Trade $0.50
Maximum Trade $350,000
Online Since 1999 (as BetOnMarkets before 2020)
Trading Instruments Currencies, commodities, stocks, indices, sectors, randoms
Number of Trading Instruments 173
Binary Option Types Rise/Fall (standard High/Low), Higher/Lower (similar to One Touch), Touch/No Touch, In/Out (Range), Asian contracts, , Call/Put Spread, High/Low Ticks, Lookbacks, Reset Call/Put
Customer Support Types Phone, live chat, email, web form
Education Offered FAQ, glossary, how-to pages
Tools Offered Several types of charts with indicators, including HighCharts and TradingView Charts, self exclusion (set limits on your own trading activities), pricing tables, flexible expiry times, early close.
Commission No
Awards
  • Best Fixed-Odds Firm 2020 at Global Banking & Finance Review Awards.
  • BetOnMarkets has also been awarded the 2020 Trade2Win Members’ Choice Silver Award for Best Fixed Odds Broker.
  • Best Binary Option Broker from Online Personal Wealth Awards 2020
Languages English, German, Russian, French, Portuguese, Chinese, Indonesian
Demo Account Yes, free account of $10,000 virtual money

Binary.com is the new, rebranded version of BetOnMarkets.com. Their products and services are much the same, but their website has been revamped and improved. If you are not familiar with BetOnMarkets, they are one of the oldest binary options brokers operating online. They first started offering their services in 2000, and they won Best Fixed-Odds Firm 2020 from Global Banking and Finance. They do not accept USA traders, unfortunately, but they do cater to customers around the world. To all appearances, they have many more features and a lot more to offer a casual or serious trader than the majority of binary options sites.

Up Front Information

One of the things which is impressive about Binary.com is their transparency. It is easy to find out about the company and check up on their background. When you scroll to the bottom of their site, you will immediately see information about the companies that run the site, Binary (IOM) Ltd. and Binary (Europe) Ltd. You will see that they have offices in the Isle of Man and in Malta, and are regulated by two different gambling commissions: the Gambling Supervision commission in the Isle of Man, the UK Gambling Commission, and the Malta Gaming Authority in the rest of Europe. The license number is listed, and there are links to all three authorities’ websites so you can look up more details.

Depositing and Withdrawing

Binary.com charges no fees for depositing or withdrawing, and has no minimum thresholds set, which makes them incredibly flexible and reasonable. There are numerous different ways you can deposit money, including credit or debit card, bank transfer, Western Union, and a number of e-wallet services. Additionally, Bitcoin and Litecoin deposits and withdrawals are supported. You may keep an account in US dollar, Great Britain pound, euro, Australian dollar, BTC, or LTC. You have the option of opening up a real account or a virtual account. With this demo account, you can practice indefinitely, and only trade with real money when you are ready.

Very Flexible Trade Features

The majority of binary options sites cater to traders with very small accounts and casual trading interests—and intraday trading only. Binary.com lets you deposit as little as $5, but also allows you to have hundreds of thousands of dollars in your account. Trades start as small as $5, and you can trade $30,000 a day if you want without authenticating your account. After you authenticate, you may trade $350,000 a day. So whether you have a tiny account or a very large one, you can conduct business on this site.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

Additionally, you will find a much wider range of expiry times. The usual trades lasting a few minutes to a few hours are offered. Trades can also last days, weeks, or months—up to a year. So if you are into position trading, you can actually participate in the market. On other websites, there is no way for a long-term trader to make money. In addition to long-term binary option contracts, Binary.com also offers tick-based expiries – so you can trade extremely short-term options trying to predict the next tick’s movement.

There are 173 assets, including stocks, indices, currencies, commodities, sectors, and randoms. That makes it one of the largest selections we have ever seen. Trade types include Rise/Fall (your standard High/Low trade type), One Touch, No Touch, Higher/Lower (similar to One Touch), Tick Trades, In/Out (the same as Range trading), Call/Put Spread, High/Low Ticks, Lookbacks, Reset Call/Put, and Asian contracts. Payouts of up to 1000% are available on some trade types. Additionally, exotic types of binary options are available – for example, Reset Call and Reset Put that enable you to win normal call/put contracts when the price reverses after going into your direction.

Educational materials on the site include a glossary, FAQ, and a large number of basic how-to pages. Trading tools include pricing tables, early close, several different types of charts which include indicators, and a special “self exclusion” option which allows you to set limits on your own trading activities to mitigate risk (or deal with a gambling problem). On a related note, the site includes a section on Responsible Trading and links out directly to GamCare, a support organization for people with problematic gambling behavior. Once again, this is a unique level of transparency.

MetaTrader 5

On October 5, 2020, Binary.com announced the launch of MetaTrader 5 platform support. With MT5, you can trade volatility indexes, analyze charts using cutting edge indicators and drawing tools, use automated experts advisors for hands-free trading. Volatility indexes are available for trading every day of the week, 24 hours a day, so you can trade them anytime.

Currently, other trading instruments are considered for addition to MT5 platform. For now, the platform is available only to customers from outside the European Union and Australia.

Ladders

On July 4, 2020, Binary.com launched its new web-based trading platform – Ladders. It is a simplified trading interface that works in your browser and lets you trade basic binary options (call and put) while being able to do a quick technical analysis in a live chart.

One significant advantage of the Ladders platform is that call and puts resolve in your favor when the option expire at-the-money. E.g., if you buy a call for EUR/USD with a strike price of 1.1515, it will become profitable even if the expiration rate for the currency pair is exactly 1.1515.

Drawbacks

As great as all of these features are, Binary.com is not without a couple of drawbacks. Sadly, the live chat was not available, even though we checked on a Monday. The site specifically says that live help is available 24 hours a day, Monday-Friday. After waiting just five minutes, the page redirected us to send an email using the web form instead. So that was somewhat disappointing. It may be an issue tied to the new website, but considering there were no errors anywhere else on the site, it seems more likely to be a problem with customer service.

The other red flag which makes it impossible to give a completely solid recommendation were some of the customer reviews we found on third-party websites. There were a number of people complaining about lack of communication, particularly concerning withdrawals. Others complained about the odds being tipped against them, but this is typical of the binary options world and doesn’t necessarily reflect on the broker. Given the lack of customer service when we visited the site, though, the other complaints seem worth considering.

Best Binary Trading Platforms

There are a small handful of software providers that build todays Binary Trading Platforms. Most brokers license the platform and use it for the underlying trading software that runs their interface. Here are the leading binary option trading platforms online today.

Overall Best Binary Trading Platform

The best overall binary options trading platform is the 24option platform.

  • #1 Binary Trading Platform = Scipio, aka the 24option Platform

This is the platform of a leading binary option broker, 24option. We rank it number one for its easy of use, its flexibility, its diversity of options and underlying assets to trade and the historical reputation of the only broker offering the software, 24option.

Second place goes to the SpotOption platform, powering leading brokers TradeRush and Banc De Binary.

Right now binary trading is still in its early stages for the common investor. As such, there are four binary trading platforms that serve a growing population of binary brokers. You still have a lot of choices as far as brokers go, but the majority of brokers will use SpotOption, TechFinancials, Tradologic, or AnyOption. These platforms are the interfaces where you make your trades. You may or may not choose to use other charting software to help you to plan your trades before you place your orders.

Binary Options Platforms Overview
SpotOption is used by Traderush and Banc De Binary. This is a user-friendly web-based platform which requires no download. The design includes sophisticated algorithm monitoring for options that are open, may be translated into any language, and allows for the use of all popular payment methods. Along with the necessary charts, there is also a live help feature, news, trading instructions, and additional information such as a glossary and an FAQ.

TechFinancials is used by OptionFair. 24Option uses Scipio. Their platform is ideal for trading not only on a home computer, but also on a mobile device. Mobile binary trading is the way of the future.

The other two platforms are similar, and are called Tradologic and AnyOption.

Best Binary Trading Platform With Practice/Demo Accounts?

What’s most important to realize about binary options platforms is that you need to learn your way around them and test them before committing real money. The SpotOption, IQ Option, Scipio and Tradologic platforms offer demo trading accounts.

The trading platform should be just one of many factors you use to select a broker.

You also should be concerned with the broker’s reputation and legitimacy, how easy it is to add and remove funds from your account, what kind of slippage and spreads you can expect, and what size accounts you can trade and with how much leverage. The trading platform needs to be something you’re comfortable using, but it should not be your sole factor or even necessarily your primary factor in choosing your broker.

You won’t get comfortable with any trading platform without trying it out first.

If you find a broker you’re interested in, sign up for a demo account and try trading with virtual money. There are a couple of purposes in doing this. The first is that you’ll be able to get to know the platform’s nuances. When you’re making a live trade, the last thing you should be doing is wasting your time trying to figure out how to actually place an order, get out of a trade, monitor a trade, or so forth. You also would hate to make a mistake simply by entering in the wrong amount of money to invest or making another mechanical error that costs you money. So learn to use your platform first.

The other reason it’s important to demo trade before going live is that you not only need to learn to use your trading platform, but you also need to learn how to translate the method you’ve developed in backtesting into real time and real life. You’re going to make mistakes and that’s a guarantee, so make them with virtual money instead of real money.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Best Choice For Beginners and Middle-Leveled Traders!
    Free Demo Account!
    Free Trading Education!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Trustful Broker. Recommended Only For Experienced Traders!

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Binary Options: How To Start Trading
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