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- tar replied Nov 10, 2012
You have 2 Million USD with them ?! Buyer beware the Australian outfit will not protect you if the broker went down or run away with your money and please don't tell me it will not happen , everything is possible especially with forex brokers , ...
Vantage FX Broker Discussion
- tar replied Nov 8, 2012
fair enough , i don't trade with them nor i trade binaries that much as i said earlier the biggest con with BO is the Broker as most of them look dodgy and untrustworthy , plus IMO the 70% return is not worth the risk , i prefer 0-100 price model ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 8, 2012
Ok so what , these spike will not effect you as there is no stop loss with binary options , and the settlement for each option will be taken from Reuters feed not from their charts and that what matters .... and as i said previously skewed strikes ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
Now the monthly strike is at 1.2877 , spot price at 1.2778 , so if i make a monthly put trade i would be in the money 100 pips .... even the weekly is skewed up , it is at 1.2811
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
Sometimes BO brokers skew strike level based on momentum or clients bias but it works both ways , for example i am looking now at anyoption prices : EUR monthly strike is at 1.2833 but the EURO is now at 1.2767 , so if you want to make a monthly ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
But i agree outright trading is much better than BO because it is hedgeable and it is used worldwide but this has nothing to do with the betting argument ....
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
My point is trading retail forex and cfds is betting as well .
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
with betfair you are betting on sports against other punters not a bookie so it is not betting ? In Lmax you are not buying or selling anything you just trading on numbers which practically means you are betting , come back to BO odds yes it is ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
What is the difference ? if the product is undeliverable ( CFDS ) then you are taking a bet (up/down) different type of bet which is called "spread bet" which is available for sports as well .... sorry ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
So what they are matched , betfair bets are matched as well , it is still betting ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 5, 2012
No difference , still a bet , Lmax is an exchange for cfds yes but you still making a bet you didn't buy any product you just taking a bet , like Betfair ( which owns Lmax btw ) it is an exchange but it is still a bet on sports instead of financials ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 4, 2012
If you think retail forex is trading maybe you should think again , the real currency market has nothing to do with retail forex , you are just simply taking a bet on a currency pair to go up/down and for every pip you are right you get rewarded ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 4, 2012
lol agree sounds unprofessional to me ! The problem with BO is it is hardly getting any volume on exchange traded binaries at the CBOE ( SPX and VIX ) BO , they prefer vanilla options over it ... also check IG's financial results they get 5% of ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 4, 2012
Thanks , i am not new to BO i traded BO from 2006 on-off with IG but my account with them is closed due to some problems which was my fault to be honest , i agree with you regarding these BO brokers , add to that these brokers don't offer real ...
Why Binary Forex Options are better than Spot Forex
- tar replied Nov 4, 2012
Everything has its pros and cons , and the biggest con here is the broker , ie : beside IG/Nadex which broker you can trust for binaries , anyoption , bbinary ?
Why Binary Forex Options are better than Spot Forex
- tar replied Oct 31, 2012
MB Trading folds UK office forex magnates : " MB Trading just announced to its traders with accounts in the UK subsidiary that it’ll be moving them to the US subsidiary – the reason is that the UK office is simply isn’t worth maintaining. MB opened ...
MB Trading Futures - Introduction
- tar replied Feb 17, 2012
you could use pfgbest they are an introducing broker for nadex but they offer daily binaries only , they are looking to add the rest of nadex markets ...
Nadex Forex Bull Spreads
- tar replied Feb 17, 2012
IGmarkets is one of the best , platform uptime nearly 100% , fast execution ... etc . If you open an igmarkets normal account u can have access to the l2 platform i remember they had futures there and stocks dma , for forex L2 u need 50k+ , they ...
Is anyone using IG Markets Level 2?