Wednesday, August 8, 2012

Binary Option Brokers - Daily Report &th Aug 2012 Crude Oil Futures

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Binary Option Brokers - Daily Report &th Aug 2012 Crude Oil Futures.There are literally hundreds of Binary options brokers eztrader, anyoption, option bit, banc de binary,24 hour option, nadex etc there literally are hundreds if not thousands of binary options brokers. Whos the best binary options broker ? You know what first things first you need to get the best trading system or trading software out there before you risk your hard earned cash trading any sort of contract for difference , binary option or spreadbet .
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Text courtesy Of Wikepedia
Platform fairnessWhen judging the fairness of a platform the following points should be taken into account:
The platform has a high trading volume.
The platform offers price quotes from a reliable third party data provider (e.g. Thomson Reuters).
The platform offers the same price quotes for simultaneously buying a put or a call option on the same base asset, strike price and expiration time.
The platform is managing its exposures correctly (i.e. covering a call option trade with a relevant put option trade) meaning that the investors are not trading against the platform but against each other.
Clients withdrawals are finalized within 2-3 business days (the client will receive the funds into his bank account within 5 business days (assuming all Anti Money Laundering documents are sent on time).
[edit] Regulation and complianceOn non regulated platforms clients’ money is not necessarily kept in a trust account, as required by regulation, and transactions are not monitored by a third party to ensure fair play.[3] On May 3, 2012 the Cyprus Securities and Exchange Commission (CySEC) announced on a change of policy regarding binary options classification as financial instrument. The meaning of the announcement is that binary options platforms operating in Cyprus (where many of the platforms currently operate from) will have to be CySEC regulated within six months from the date of the announcement.[4]
[edit] CriticismThese platforms may be considered by some as a gaming platforms rather than investment platforms[5] because of their negative cumulative payout (they have an edge over the investor) and because they require little or no knowledge of the stock market to trade in.
Most platforms have their investors sign a “Terms and Conditions” document before trading that warns the investors about the risk involved in dealing with binary options. However, in light of the high risk involved, it would be expected that the risk of trading in binary options will appear in this document in bold letters as well as on the platform itself. In addition, advertisements for binary option trading platforms tend to highlight only the high profit but not the high risk involved.