Binary Market Analysis is a blog and website focused on binary options social trading. The binary options industry is a growing phenomenon and one that offers many risks and rewards for traders. The purpose of this blog is to provide information on the binary industry, reviews of trading platforms, trading education, updates on regulation and most importantly our own market technical analysis. Binary Market Analysis is a project of Michael Hodges. Michael is a long time trader, binary options specialist and financial writer.
Many binary options brokers allow US traders but the only one that is legal and regulated for US traders, and recommended by Michael Hodges, is NADEX. NADEX, the North American Derivatives Exchange, provides the safest deposits, the highest payouts, the ability to buy and sell binary options, no tying up your account with crappy bonus terms and no pressure from shady “account managers.
Binary options are a great way to get into the financial markets but come with many caveats. Social trading is the best way to avoid the many pitfalls that binary options traders face. It is a good way for beginning traders as well as experienced, seasoned veterans to share, learn and profit from the market.
The ease of use compared to U.S. equity options is a no-brainer as far as our editorial staff is concerned and a great training ground for new traders. Many think that binary options are a scam but that is not the case. Binary options are a fun and simplified method for trading. The important thing is to learn as much as possible about trading binary options before choosing a broker. That is the best way to protect yourself from the potential hazards that cause many of the allegations of frauds and scams. Each broker is different and has something unique to offer as well as limitations. The best way to know for sure is to do your homework and find out for yourself what they are and which broker is right for you.
Objective Reviews From Real Traders
Binary Market Analysis is here to provide an objective view of binary options trading and the industry that surrounds it. This will be accomplished through articles about trading techniques and strategies, reviews of binary platforms and a weekly market analysis geared toward binary trading. Our experience is global and our perspective is global. The writers at Binary Market Analysis are seasoned traders with over 18 years experience between them..
Binary Options Are Risky
One of the many reasons binary options are considered to be a scam is the high potential for loss, up to 100% of the traded amount. For this reason it is possible to lose your entire account with a single trade. Any ad all trading are yours and yours alone. The risks are high but also much less than the potential losses associated with forex, futures and other types of trading. With the risk also comes high rewards. Binary options can pay as much as 600% with the right trade but generally pay in the range of 70-90%. Other reasons to suspect scams are the sign up bonuses which I never recommend.
Regulation Of Binary Options
Keeping abreast of the evolving world of binary options regulation is one of our main goals here at Binary Market Analysis. Because of the various nations of origin and classifications some binary options are legal in one country and not in another. Some brokers are regulated by financial bodies like the CFTC, CySEC and the FSA. Others are regulated by banking law in off-shore tax havens like the British Virgin Islands, Seychelles and others. Still others are seeking regulation in the Isle of Man as on line casinos. Availability in your country will vary from country to country and is an important subject for all US traders.
Be sure to do the proper research before opening an account with any broker to be sure it is right for you. Just because a broker allows you to join does not mean that it is legal in your country. One of the newest avenues of regulated binary options is in the Uruguay binary options regulation, areas established for international trade.
The Risks And Rewards Of Binary Options
Please remember, trading of any kind involves risk and all trading or investing decisions are the sole responsibility of the individual trader or investor. Binary Market Analysis is intended for educational and entertainment purposes only and is not to be construed as investment advice or a solicitation to buy or sell any investment such as binary options. Please consult a professional before engaging in any trading activities.
Trading binary options involves risk, do not trade binary options without fully understanding that risk. Because of the highly leveraged nature of binary options it is possible to lose your entire investment in one trade. Binary Blogger And Market Analysis is not responsible for any decision to trade or suggestion to trade, implied or otherwise. All information and trading ideas contained within this blog is strictly for educational and entertainment value only.
Before engaging in any option or binary option strategy every investor should read The Characteristics And Risks Of Standardized Options.