Best binary forex trading platform ratings
Our aim here at the Traders Bible website is to provide you wish as much information as is possible to enable you to pick and choose the best Binary Options trades to place. With this in mind in this particular guide we are looking at the GDP figures from some of the major power houses in Europe. Plus you will also find a range of additional information which may help in your quest to find just which Binary Options trades to place today or in the very near future. Also please do make site of our other country specific market data reports as they will also give you lots of food for thought so to speak.
You should have no difficulty what so ever if you are based in Europe and you are looking to place any type of Binary Options trade online. For we have fully reviewed each of the leading European trader friendly Binary Options Brokers. Below are several of those Brokers who are going to offer you something unique but each of them are fully licensed and regulated and always adhere to the highest industry standards.
Banc De Binary — One of the largest and most successful European Binary Options Brokers is Banc De Binary and this Broker really is going to live up to your highest of expectations, no matter what type of Binary Options trades you are looking to place. You can open your account using Euros as your base currency and will also find a range of mobile trading opportunities available on their mobile trading platform too.
Opteck — As a Binary options trader you will be demanding from any Broker you do decide to sign up to a range of features and will also wants lots of additional extras when placing real money trades at such a Broker online.
For unauthorised brokers, the regulators create blacklists of firms that traders should avoid dealing with. Traders should be aware that not all financial watchdogs regulate forex and binary options brokers, and we have listed only top regulators in the industry.
The first two are software providers, and the brokers usually buy licenses to use the platforms. There are also many custom-developed platforms for trading binary options, but only a few of them are regulated.
The MT4 software is designed specifically for forex trading, but some brokers also offer the binary app. The disadvantages of trading binary options on MT4 are low payouts and limited expiries. Not all binary platforms offer charting tools, and if you want to use any custom technical indicators, your only option is MT4.
Many traders prefer to use Meta Trader to analyse the market and place trades with the broker that gives them the best payout. Not many platforms allow you to sell back your contracts before expiry, but this is also essential for your risk management. The binary brokers use different software, and you need to do your research to find the one that suits your trading style. Moving your money fast is crucial in forex and binary trading. Most binary brokers work with top e-wallets: Neteller, Skrill and Webmoney.
By using one of those to fund your trading account, you will see the transfer instantly completed. The fast e-wallet payments are a great advantage compared to a 5-day bank transfer.
The binary trading firms accept payments not only via e-wallets but also digital wallets for moving cryptocurrencies. If you want to fund your trading account with bitcoins, you can use a digital wallet, such as BitPay, AirBitz or GreenAddress.
These wallets are all built on blockchain technology and provide secure bitcoin payments. A smart trader wants to find a reliable broker and not simply use the one with the most ads on YouTube. The company representatives play a serious role in trust between trader and broker.