Binary Options

[ckait 10]

A frreind of mine sent me a link and a PDF describing "Binary Ootions". I was wondering if any one had heard if these and trades them regularly. I did a little internet search and it would seem there is a bit of scandelous behavior on part of some of the brokers. Any thoughts would be appreciated.

[calsprdr 10]

The Nadex exchange has been set up to create a regulated market for these options.

 

In the past there have been websites set up to trade them, but they were actually

thinly disguised gambling sites set up in foreign countries. Not always scams, but

sometimes it was hard to get your money out.

 

They work like forex brokers: they make money from the bid/ask spread, which they

dictate.

 

I don't trade them, but I believe Nadex to be completely legitimate.

[ckait 10]

Ok I have a friend you just started trading them, so i decided to look into it for myself . from what I can read on the web its a little dicey just wondering if anyone has ever got there money out?

[Obsidian 10]

  calsprdr said:

The Nadex exchange has been set up to create a regulated market for these options.

 

In the past there have been websites set up to trade them, but they were actually

thinly disguised gambling sites set up in foreign countries. Not always scams, but

sometimes it was hard to get your money out.

 

They work like forex brokers: they make money from the bid/ask spread, which they

dictate.

 

I don't trade them, but I believe Nadex to be completely legitimate.

 

I think they make money due to the fact that the house always wins:rofl:

Edited February 26, 2012 by Obsidian

[MVP 10]

They are used commonly to hide make a punt a "gamble" therein avoiding tax.

 

A UK based firm that does these is IG Index.

 

Some are as simple as "FTSE finishing up by close". It's a binary yes or no. You close out in the normal way, either by going the other way or letting it expire.

[ckait 10]

The main reason for the thred is to find out who if any has used and been able to withdrawl from any of the binary dealers.Optek was on a page in a TL partner page so i was loking into them but havnt been able to find anthing on the web good or bad .only bad concerning trader XP the one my freind is trying out.

[Mark Johnson 10]

Hello ckait,

 

I've trading on binary platforms for about 8 months now, and of all the platforms i tested i will recommend you VIP Binary to start with, i made deposits, trades with them winning more losing which is very important, but most important in VIP Binary withdrawals work.

 

Also the brokers in VIP Binary are really good giving you good trade to work with.

 

Regards

[supersaiyan1111 10]

I am thinking of giving binary options a try as well...but then I came across this video which says that without a strategy on average one would lose more than one would gain.

 

I've posted in other places as well to see if people can help me verify if the math is correct or not, but in general it seems to make sense.

[David Morris 10]

Hi Ckait,

 

Try Vault Options its a brand new broker, with great services and support, but most important you get instant withdrawals, and it is as good as it sounds in Vault Options you get your money same day you place your withdrawals request.

[mico 10]

  David Morris said:

Hi Ckait,

 

Try Vault Options its a brand new broker, with great services and support, but most important you get instant withdrawals, and it is as good as it sounds in Vault Options you get your money same day you place your withdrawals request.

 

 

Hi David,

 

Vault Options is good company to invest?

What is the min amount to trade?

Help by brokers?

 

Did your broker keep asking you to invest and pumping in more money

and yet making a loss?

 

thanks

mico