Binary trading uk experts auto trading

Binary Options Trading UK. Online Trading Pro. Binary options trading in the UK has become very popular in recent times. In some countries like the US this type of trading is regulated but as yet the UK has not introduced the same kind of rules. Now whilst this makes it easy for many to trade without restriction it does bring with it other threats and issues and a need to be careful when choosing a broker. For those looking to invest in the EU it is important to check that your broker is at least regulated by the Cyprus Securities and Exchanges Commission (). This is the ultimate protection that can be achieved by brokers serving the UK market until such a time when local regulations are introduced. With a good broker binary trading can be financially rewarding and enjoyable. We understand the need to feel comfortable and protected when trading online which is why we work to provide transparent and clear recommendations and reviews of the best binary options brokers available. We have selected only the most trusted UK safe brokers to save you both time and effort and make finding a legal broker a simple process. If you are considering becoming a binary options trader this guide will help you: Understand the regulations and classification of binary brokers in the UK Be aware of any taxes and fees that apply to UK binary options trading Feel confident that your are choosing a great broker that wont rip you off. Our Top Recommended Brokers. Local Broker Benefits. When it comes to binary trading, many UK investors prefer to trade options with a locally based broker. If based in the UK, most traders would expect to see an office based in London at a familiar address among all the other financial institutions. Being a small country geographically there is a sense that nothing is too far away in the event of an issue.

While there are many reliable and reputable UK brokers there are many international brokers that also have a lot to offer. How do you choose and what do you need to consider when making your choice? Licensing And Regulation. While UK regulation is well regarded there are also many other hugely reputable licensing bodies. These include (Cyprus) MiFID (EU) and ASIC (Australia). Often the best brokers originate in Europe or Australia and there are plenty to choose from. Mobile Trading Tools. Ease of use of the platform and whether it is mobile friendly is a huge consideration. You need to make sure that the platform is compatible with your phone or tablet and that you find it easy to navigate. Demo Account Features. The demo account is a huge benefit for both new and experienced traders. If you are ne to trading it allows you to get acquainted with the functionality, the various assets and trade types and the various charts, data etc.

If you are more familiar with trading, it offers you the opportunity to try new things. Bonuses And Incentives. Like a demo account, a bonus also gives you the chance to get better at trading. Whether it's a no deposit bonus to get your first trades free or a deposit bonus to make your money go further, they will both save you money. We have put together a list of recommended brokers based on our experience and knowledge of the UK binary options market. The tireless efforts of our experienced and skilled team will help you to make a more informed decision when it comes to choosing the right broker for you. Legal And Regulation. Currently there are no specific financial regulations that apply to binary options trading in the United Kingdom. It has been expected for some time that regulation and legislation is imminent and that the United Kingdom would try and align with the rest of the European Union. A decision on this matter was expected in July 2016 but the EU referendum may have changed this and it could be a longer wait than previously expected. Now it would be reasonable to assume that the government will hand over regulation of brokers to the Financial Conduct Authority () but until this happens options trading is classed as gambling and comes under the control of the Gambling Commission. Once responsibility for UK binary options brokers is transferred over to the one would expect to see suitability or wealth checks to ensure no mis-selling of products and a stringent dispute resolution process amongst other legal stipulations.

This won't necessarily make it harder to trade but it will offer greater protection to the trader. Whilst this won't have an impact on those that trade from outside of the UK to UK citizens it will increase the standards of brokers that are UK based. There may be regulations applied like those of the USA that make it illegal to solicit business from United Kingdom traders but at this time it is still ok to trade without any stipulations or rules. Latest Winning Trades. Paying Taxes And Fees. Like earnings in most countries when trading binary options the UK government officials state profits gained are subject to income tax by HMRC. The level of tax that an individual is liable for will very much depend on the earnings of the individual but will range from 20% to 50% depending on the level of annual income. Losses incurred from unsuccessful trades should of course be deducted and any income will be subject to UK tax at the appropriate level. If an individual pays their salary tax through PAYE any additional income needs to be declared through self-assessment. Any income will be subject to income tax if the earnings for that individual is above £11k per annum. It is the responsibility of the individual to self-assess and declare this income for the appropriate tax year. Trading options is not subject to any fees.

The amount of profit an individual makes will be calculated and rewarded to the individual as stated in their payout terms. The individual may encounter small fees if trading in a foreign currency and may incur the weakness of one currency being converted to another. If a trader is trading through a US broker and deposits currency in dollars the withdrawal may be subject to small fees from the broker or the bank on top of any changes in the conversion rate that mean they won't earn as much as they might ordinarily. Other fees may be incurred by using a credit card that charge fees or any method of e-banking that charges a fee for deposits or withdrawals. How we Recommend Brokers. Our recommendations apply to regulated binary options brokers across the globe in countries like Australia, South Africa, Russia, US, Canada and the UK to name but a few, in fact anywhere that a broker operates, even India. To ensure that we provide you with the best, up to date and accurate knowledge we are constantly reviewing the market place, ensuring we are at the forefront of any developments and familiarising ourselves with all the ins and outs wherever you are in the world. We have a team of specialists who are very experienced in investing and trading, and know the finer details of the market. We analyse every single broker to check what they offer and how it stacks up against the competition. When we analyse a broker, we are looking for the following: The licensing and regulation that they hold Welcome bonuses and incentives that they offer Ease of use and their mobile offering Customer support and how efficient it is Whether they offer a demo account Contests and tournaments Account types, trade types and assets available Payouts offered and any fees associated with trading. We give our best UK binary options brokers a star rating for each aspect of their service so that you can see, at a glance, if that broker offers what you are looking for.

We do this research to enable us to provide you with a comprehensive overview of what is available and how relevant it is to you and your trading requirements. Expert Broker Reviews. Is binary trading in the UK legal and safe? UK popularity is increasing and whilst it is not regulated many reputable brokers have offices in London and other areas of the country. It is indeed legal to trade binary options. When it comes to safety that is all down to the reliability of the broker. If you choose a reliable broker then other than the obvious risk of losing money your money will be safe. Do I need to pay taxes on my trading profits? Yes you do need to pay taxes on profits in the United Kingdom. It is your responsibility to declare any earnings after losses have been deducted. In the UK it is required that any earnings over a certain level are subject to taxes. If you are paid through PAYE then it is your responsibility to self-assess and declare any earnings outside of your salary. A tax return must be submitted on paper or online by a deadline with any monies owed paid on time. Can I test brokers before trading with real money?

The common answer is yes. There are two main ways in which you can trade without risking your own money. If you are new to trading it is advisable to opt for a broker with a demo account facility so that you can trade with virtual money whilst you get used to trading. Once you have made your mistakes with the virtual money you will be more confident and practised to play with your own money. Another way to trade is to use the no deposit bonuses that some sites offer. Is it easy to make deposits and withdrawals? Making deposits and withdrawals is a straightforward process. Simply open an account and make the required deposit. Many accounts will have a minimum deposit requirement for a particular account. Brokers accept many types of payments including credit cards, wire transfer and e-wallets. Withdrawals are made to the same method that was used to make the initial deposit.

Withdrawals can take anywhere up to 5 days. Can I trade using my mobile or tablet device? If you pick a good broker then the answer is yes. The best brokers now have a platform that can be used on all types of devices including mobiles and tablets. Their mobile offering is usually a mobile friendly version of their desktop website or a specially designed app available from the App Store or Google Play. It is important for traders to be able to trade on the move and not be tied to a laptop or desktop PC. Our Top Recommended Broker. Popular DE Brokers Robot Traders No Deposit Best Bonuses Demo Accounts Signal Services Mobile Apps Tournaments Managed Accounts Platform Types VIP Accounts Markets Forex Trading Crypto Trading CFD Trading Reviews Brokers ExpertOption Olymp Trade Ayrex IQ Option Raceoption Finrally Binomo Binary. com Binarymate BDSwiss EmpireOption 24option Robots BinaryOptionAutoTrading BinaryOptionsRobot. com iBinaryOptionRobot OptionRobot. com Automated Binary Guides Binary 101 Top 10 Tips Trading Scams Reading Charts Asset Types Trade Types Regulation Call Vs Put Binary Vs Forex method Tips Glossary Terms Infographics World Africa South Africa Asia India Indonesia Japan Philippines Singapore Thailand Turkey Europe Germany Russia Spain Switzerland Italy United Kingdom North America Canada United States South America Argentina Brazil Oceania Australia More News Site. Popular DE Brokers Robot Traders No Deposit Markets Forex Trading Crypto Trading CFD Trading Reviews IQ Option Olymp Trade ExpertOption More News Site Sitemap About. Copyright © 2017 - BinaryOptionsExpert. net. Risk Warning: The financial products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds.

You should never invest money that you cannot afford to lose. * Amount to be credited only for a successful investment. BinaryOptionAutoTrading Software Review 2017. Binary Options Guru. DE Traders 10 Brokers 3 Trade Systems Mobile Friendly Easy to Use. BinaryOptionAutoTrading is a robot software that executes trades for those who prefer using auto trading software as opposed to manually placing the trades themselves. In fact unlike some of the other auto trading robots in the market there is no option to manually trade, all trades are automated and are based on the sites own signals and algorithms. Relatively new to the options market, BinaryOptionAutoTrading offer 9 supported brokers for you to open an account with. All of are known names and whilst not all of them are licensed they do all have a fair reputation when it comes to trading. The site is aimed at both new and experienced traders and at first glance seems very easy to use and intuitive. There isn't a lot of contact information or details about the company itself but the trading process seems quite straight forward and they offer a customer support that is considered accessible and quick to offer the answers you are looking for. What do BinaryOptionAutoTrading offer their customers? In this review we will examine: Details of the supported brokers that you can trade with using their system The meaning of auto trading tools, signals and the associated algorithms If they have a mobile websiteapp and how easy is it to trade on the go. BinaryOptionAutoTrading supports the following brokers: A well-known name in the world of binary options trading, 24option are licensed by and offer a number of assets and expiry times with the standard minimum deposit requirement of $250.

Another supported broker which has a license, BinaryCM (Binary Capital Markets) was established in Oct 2016 and is based in Limassol, Cyprus. They offer various expiry times and require a minimum deposit of $250. Based in the Marshall Islands and established in 2011, uTrader are an unlicensed broker that offer a number of assets and a range of expiry times. The minimum deposit is $250 and they offer a $5 turbo trade option. New to the binary options world, Binarymate were established in 2016 so they are a newcomer by most standards. Offering returns of up to 92% they require a minimum $250 dollar deposit. A UK based broker which was established in 2013, BinaryTilt is owned by Chemmi Holdings Ltd. They offer a range of assets and expiry times with a minimum trade size of $10 and a minimum deposit of $250. Registered in Mahe, Seychelles and licensed in Vanuatu, Finrally is another relative newcomer to the binary options market with various trading options and expiry times including both short and long term options. This broker is relatively new to the binary options arena and is currently unlicensed. Based in Romania they offer various account types, expiry times and a minimum deposit of $250. Founded in 2014 they are not as new as some of the companies that have appeared in the last 12 months but relatively new compared to others. They are an unlicensed broker that are based in Anguilla and they offer various assets and expiry times with multiple account options. One of the more established brokers, StoxMarket have been around for a few years and are registered in Dominica with contact numbers in Switzerland and the UK. With expiry times ranging from 60 seconds to 10 minutes, the minimum account deposit is $250.

Whilst BinaryOptionAutoTrading don't offer a specific breakdown of the information used in their automated trading systems the algorithms are based on the following: The Classic trading system is the most popular for new traders who have little or no experience when it comes to trading. It is the least risky but also produces the lowest results both in terms of wins and losses. If you want to use a trading system that will help you Get Your money at once then the Classic is the one to choose. The Fibonacci trading system is more suited to those that want larger payouts without the large risks associated with a system like the Martingale. Whilst this system can provide big wins it can also produce similar losses. The value of each trade placed increases sequentially after each winning or losing trade. The Martingale system is the riskier of the three binary options robot trading systems but also the one that carries the most risk. If you are an experienced trader, trading larger volumes, this system will carry greater returns however losses can quickly leave you with a zero balance so it is not advisable for the faint hearted. Latest Winning Trades. Bonuses And Promotions. Whilst the robot software doesn't offer sign up bonuses and promotions, the brokers that they support often do. These bonuses and promotions are used to incentivise traders to open a trading account and deposit funds. For some traders the bonuses are not a motivation as they prefer to select their broker based on results, ease of use etc. If you are keen to benefit from a bonus or promotion then it is worth examining which each one has to offer. You are not restricted to just one account when using BinaryOptionAutoTrading so you can choose more than one however it should be noted that bonuses must be traded a certain number of times before they can be withdrawn.

It is not common for a robot trading software to offer an app to traders although some do. BinaryOptionAutoTrading don't have an app for Android or iOS although they do offer an easy to use mobile trading experience. The website is mobile friendly and enables you to trade on the move whether on a smartphone or tablet. The website is responsive for whatever device you are using so you don't have to pinch and squeeze the screen to see what you are doing. Algorithms And Indicators. Algorithms and indicators are used by auto trading robots to decide how to place your trades using a number of factors. There are 6 main indicators in total Trend, CCI, RSI, Williams, Stoch and MACD all which use a different analysis of the markets to place trades. The 6 are all variations that look at the different trends, behaviours and predictions of the markets and how they are likely to behave. Here's a look at three of the popular indicators: The trend is the most simplified indicator and does exactly as the name suggests. It examines trends in the market place to determine how to place trades. If a stock has a steady upward trend then the system will place a call trade. If it's showing a downward trend then it will place a put. When the price of an asset is high is thought that lots of people will sell, when the price is low then lots of people will buy. The Relative Strength Index follows these behaviours to trade on assets. An acronym for Stochastic Oscillator indicator, STOCH is a little more complicated than the trend or RSI indicators.

Its translation is "having a random probability distribution or pattern that may be analysed statistically but may not be predicted precisely". This indicator is also used to predict the movement of assets when placing trades. The platform is 100% automated. This means that you cannot switch to manual trading and that you don't have to be connected to the internet or have your browser open to be trading. In addition to this there is an automated stop loss feature which means you can select the limits that you want to trade each day. The website is intuitive and easy to use and shows you the supported brokers and available assets on the home page so you don't need to go searching for the information. Expert Robot Reviews. Both the brokers and the robot software all tend to have the same contact facilities. Firstly there is a 247 live chat assistant who pops up when you land on the site asking if you need help. You simply minimise the box and it sits at the bottom of the screen until you need it. In addition to this if you want to contact someone there is the facility to send a message. You need to scroll to the bottom of the page and find the link for this first though. If your question is a popular question then you may find the answer in the FAQ section of the site. This robot software seems to tick all of the boxes when it comes to binary options trading. From the 9 supported brokers offered, to the various algorithms and indicators, the choices are made simple.

There does appear to be little information about the various indicators and trading systems used and not really much of a breakdown of the various brokers however if you see the "guides" section you can see that you make your choice when opening an account at which point they notify the relevant broker. On the whole though the site seems to provide good returns, there is positive feedback from clients displayed and there is a box that shows in real time the latest trades made. The site is intuitive and easy to use and it seems to stack up well against the competitors. Reviewed by: BinaryOptionsExpert. net. Is BinaryOptionAutoTrading legit, will they scam me? This robot software company is a relative newcomer to the world of binary options but so far they seem to be making the right impression in the market. The brokers that they support are all well-known names, some of which are licensed and some which aren't. They have a good customer support system that is easy to use and everything they do is clearly laid out on their website with clear guide and instructions. Do they have a decent mobile or tablet app? Yes would be the short answer. It is not possible to survive in today's busy world where everything is done online and on the move if you don't have a good mobile offering. Whilst BinaryOptionAutoTrading don't offer an app they do have a fully responsive mobile offering for both smartphones and tablets so that those busy traders who like to trade on the move can check their trading progress wherever they are. What bonuses are offered for new traders?

The robot software platforms don't offer any bonuses and promotions. They don't need to. Their software is free to use and they receive their payment from the brokers. It is the brokers who offer the bonuses and promotions so if this is a criteria that you will use to select your broker then it is advisable that you check out each one. Once you have found one that offers the right welcome or match deposit bonus then you can select them as the one to use. Can I start trading on a free demo account? Not all robot software platforms offer a free demo account and this is the case with BinaryOptionAutoTrading . They do offer a guide to trading for those that are new to auto trading but there is limited information. To be honest with their trades being 100% automated there isn't a lot for the trader to do as there is no option to manually trade which could be one reason for the lack of a demo account. What's the minimum deposit and trade amount? As with all automated trading the deposit and minimum trade amount is determined by the broker and their stipulations. Most brokers require a minimum deposit of $250 so this is pretty much standard across the board.

When it comes to minimum trading the requirement is usually between $10 and $25 although there are some that offer trades as low as $5 which are often turbo trades. Our Top Recommended Robot. Popular DE Brokers Robot Traders No Deposit Best Bonuses Demo Accounts Signal Services Mobile Apps Tournaments Managed Accounts Platform Types VIP Accounts Markets Forex Trading Crypto Trading CFD Trading Reviews Brokers ExpertOption Olymp Trade Ayrex IQ Option Raceoption Finrally Binomo Binary. com Binarymate BDSwiss EmpireOption 24option Stockpair TopOption Boss Capital IG Index anyoption Banc de Binary uBinary Opteck Robots BinaryOptionAutoTrading BinaryOptionsRobot. com iBinaryOptionRobot OptionRobot. com Automated Binary Guides Binary 101 Top 10 Tips Trading Scams Reading Charts Asset Types Trade Types Regulation Call Vs Put Binary Vs Forex method Tips Glossary Terms Infographics World Africa South Africa Asia India Indonesia Japan Philippines Singapore Thailand Turkey Europe Germany Russia Spain Switzerland Italy United Kingdom North America Canada United States South America Argentina Brazil Oceania Australia More News Site. Popular DE Brokers Robot Traders No Deposit Markets Forex Trading Crypto Trading CFD Trading Reviews IQ Option Olymp Trade ExpertOption More News Site Sitemap About. Copyright © 2017 - BinaryOptionsExpert. net. Risk Warning: The financial products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds.

You should never invest money that you cannot afford to lose. * Amount to be credited only for a successful investment. Binary Options Robot UK. By Srdan Sore - March 2, 2016 6:36 am. Binary Options Robot is well-known auto trading software for binary trading. It is available in many countries worldwide. According to our statistics, there are a lot Robot users trading from the United Kingdom, so this article will be useful for those that are localized in this area. If you still don’t know what features are available with Binary Options Robot, or how to use it, you can continue reading this article and choosing to trade with one of the best binary brokers on the market. Since binary options are spreading fast in the UK, this article will help you to find the difference between manual and auto trading as well. Which Binary Brokers Are Available in the United Kingdom? Binary Options Robot UK supports some of the greatest binary brokers on the market: Our UK traders are welcome to trade with one or more broker at the same time. Disclaimer: The broekr list on Binary Options Robot is subject to change. Choosing the Best Binary Broker is Important. Manual trading requires high competence in finding a most appropriate broker for trading, knowledge in binary strategies and much other information that is important to be ready for trading.

If you want to trade in a different way and experience something new, we recommend you to start with auto trader first. Binary Options Robot will offer you, what they claim are, only the best, and more important trustworthy brokers you can start trading with. By choosing to trade with Binary Options Robot you are choosing to trade with top brokers and extremely good computer algorithms. Binary Options Robot UK. The only thing you have to decide is the amount of investment you are willing to invest. Standard deposits are moving between $250 and $300. We would like to point out that Binary Options Robot UK is free software that is available for all traders, no matter the level of knowledge. The Robot will also help you with binary signals, by integrating them into Robot. When algorithms generate the signals they will automatically be executed by the software itself . This is the main difference between Binary Options Robot UK and other similar trading robots. Can I Login From Any Device? Binary Options Robot UK is a web based application and traders are welcome to login from any device they want to. Checking out the trading results are quick and easy. If you are trading with more brokers at the same time, you can check the results from each broker separately from the same dashboard. Is Binary Options Robot Legal in the UK? The United Kingdom has regulated binary options and British citizens are allowed to trade with them.

When we speak about Binary Options Robot, it is legal in all countries that have legalized and regulated binary options activities. Since Binary Options Robot has integrated more than 15 binary brokers, trading from different countries will offer to trade with different brokers that are available in the certain country. Since Binary Options Robot has integrated more than 15 binary brokers, trading from different countries will offer to trade with different brokers that are available in the certain country. United Kingdom regulates binary brokers through financial authority (Financial Conduct Authority). How Can I Register With Binary Options Robot? The whole registration process is very easy and fast, so just click on Open Account and start filling your information. You won’t need to provide any credit card detail information, just your name, country and email. After you make your account, you will get an email confirmation with all details regarding your account. The Robot has simplified the process of registering with the first broker, so after you open your account, you will automatically have an account with one broker that is available in the UK. If you decide to trade with more brokers, just click on Open account with a broker you want to trade with and fill the information for registration. All deposits and withdrawals are going directly through your broker account, to keep your security. What Features are Available With Binary Options Robot?

Besides binary brokers and signals that are available with Robot, traders can use multiple trading options. With basic account traders can use Daily Stop Loss feature and Trade amount tool. Binary Options Robot account lets you choose to trade with over 50 different assets and get binary signals from successful algorithms for free. If you continue to make more deposits, you will be offered to trade with Binary Options Robot VIP account that offers you, even more, trading options. Register with Binary Options Robot today. Robots and Automated Trading. The use of binary options robots – “bots” – and other auto trading software and mobile apps has exploded in the last few years. Here we explain how a trading robot works, review the top services, and list what you need to know and look out for when comparing binary trading robots. We also explain where to get a robot demo account to trial the service, and learn to use auto trading software settings and tools. The best service for you will be down to individual choice, so read on to get all the facts. We recommend learning binary trading completely before even contemplating robot services. Despite being sold as such, they are not a good choice for beginners. Top Binary Options Robots.

What is a Trading Robot? A robot is a piece of software designed to identify and analyse market signals, pinpoint suitable trades and execute orders automatically without human interference. Whether or not a trade is placed is all dependent upon whether the market conditions meet the rules and parameters defined by the trader. A trading bot isn’t ‘intelligent’ it’s merely executing orders defined in advance by its creator. These Automated Trading Systems (ATS) have been making headlines for some time. Volatile price movements are often blamed on trading bots. From Wall Street to London this form of trading is dominating markets. Robot software and auto trading algorithms combine a signal service with automated trading. So the software will attempt to identify profitable trades, and will then place the trades automatically. This automated element takes signal services a step forward, and actually place the trades as well – rather than leaving that to the trader. The MetaTrader (mt4 or mt5) platform is especially effective at enabling you to receive signals through its ‘Expert Advisor’ facility.

Here, you can go so far as creating your own alerts system by setting the parameters to be followed by your very own Expert Advisor – or you can download a program from elsewhere and put it to work, simply by dragging and dropping it into the interface. These systems will have differing levels of risk management – from stop losses, to daily fixed spend limits. The automated element however, does increase the financial risk for traders overall. The feedback and comments we receive generally focus on whether risks were hidden from traders before they opened an account. Make the financial risk is fully understood. There is also a growing trend for brokers to provide their traders with the ability to configure their own ‘bots’ or automated trading systems. These tend to simplify the the process, letting traders “drag and drop” technical indicators into their system. The best bespoke robot features also allow traders to run their robot in a demo account, in order to trial it risk free. Brokers are keen to promote robots, because they create higher trade volume, and therefore reduce risk for the broker. They can be a great tool for traders too – but as ever in binary options – any promises of profits are an immediate ‘red flag’. Robots, like binaries themselves, need to be fully understood before use, and they are not a route to guaranteed profits. Auto trading, or trading via robots, has a number of benefits: Using an online brokerage platform enables you to trade 247 from whatever device you choose. But – of course – you can’t be online constantly, which means there’s always the annoying reality of missing out on possible opportunities – even if you’re getting useful trading alerts delivered to your phone.

A robot is always on call no matter what time it is, so long as an opportunity arises that meets the pre-programmed criteria, the robot will make that trade. Software does not get emotional. A robot doesn’t frantically chase losses or diverge from a method on a hunch. It acts dispassionately based on the criteria it has been set to follow. Robots don’t get overwhelmed. All the markets are open and opportunities-a-plenty are presenting themselves. It can be easy to get bogged down, for tiredness to creep in and for mistakes to be made. For a robot, none of this is an issue large quantities of data can be processed instantly, and the right actions can be taken at the right time – regardless of how ‘hectic’ the market may seem. Equally, there are some disadvantages to auto trading: If markets are impacted by an outside event, a robot will continue to blindly follow the settings given to it. Common sense will not apply to a robot. They are often miss-sold. Robots attract frauds. Our scam section below highlights how to spot them, but the automated element allows dishonest services to suggest “easy money” can be made. That is simply not true.

Increased Risk. Automation means a certain loss of control. Although many risk management techniques can be applied (stop losses, and max losses etc) there is no doubt that risk is increased. The automated nature of this style of trading is fraught with danger. If ever a trader hands control of their trading over to someone else, the level of risk grows hugely. Our scams page details some of the red flags to look for (including a list of scam services), but robots and auto trading in particular attracts a lot of scam operations. Here are a few reasons why: Novice Traders – Auto trading software is often aimed at novice traders, or people who do not have the time or knowledge to trade themselves. This group is perhaps easier to mislead, and they are therefore targeted. Easy to blame the trader – Linked to the first point. Dishonest providers will simply say the software was misused, and therefore not at fault. Control – If traders have put someone else in control of their trading, it is very easy to simply say the money was lost trading. Warning signs of a scam will include a lack of transparency (win rate results that are not verifiable), forcing users to use a particular broker, and the most obvious – the promises of guaranteed or very high profits. If it was easy, everyone would be doing it. Tread very carefully if proceeding with auto traders.

The risk of scams is considerable. Here is a checklist of warning signs: If a service promises large profits, with little or no effort, it is likely a scam. In the same way, any phrase such as ‘zero risk’, �% win rate’ or ‘make money easily’ should be taken as an outright lie. Cold Calls. Legitmate services will not cold call you. Managed Accounts. It is a very bad idea to allow someone to trade for you, or trade with your money. Even with automated trading and robots, you need to be in control. Bogus Bonus Terms. Some bonus terms include locking in your initial deposit. Check the terms and conditions before parting with any cash. Sales Funnels.

Some robot schemes force you to open an account with a specific broker. These are normally not the best choice, and often unregulated and untrustworthy. Free Robot Services That Are Not Free. If you have to join a broker, and make a deposit in order to get signals – they were not free. Free services require no deposit. Some blacklisted services that pretend to provide signals and automatic trading are: The Brit Method Jason Taylor. These all promote binary options as an easy way to make money, and they should ALL be avoided. The settings or indicators used within a robot are crucial. They will determine the success or otherwise, of the method. The number and flexibility of settings or parameters within a robot platform, are a useful comparison factor when judging different firms. The best settings will depend on individual trading method – but the basic parameters should not be overlooked. Trade size and expiry time are two simple settings, but traders can forget to check if the size and time frame they want to use are available with the robot they are comparing. Moving averages and volume are popular indicators, and almost any candlestick pattern can be set as a signal.

The self build bot at Binary. com offers the most flexibility of settings. Some of the poorer services do not provide any. Some programs offer money management settings too. Martingale is best avoided, especially for novices. The better firms will offer a free demo or virtual account to trial the service. This allows traders to amend settings, and find a money management plan, that works for them. The best demo accounts will be open ended, and even topped up if the balance runs out. Some demos may require a software download, but the majority will not. Login details will transfer to the real money account when and if they are upgraded. Many providers offer mobile apps, and again, most will be compatible on android, iOS (iPad and iPhone) and Windows. Review of Binary Bot from Binary. com.

Binary. com also deliver the ability to design and create an auto trading bot. Binary. com are licensed in the UK and Malta, but based in Malaysia and popular in the region, particularly Indonesia and Singapore. Often referred to as the broker for advanced traders, Binary. com now provide a series of ‘advanced platforms’ – including the ‘Binary bot’ platform which provides the ‘tool set’ for users to create their own algorithm of auto-trade software. So the platform enables self build auto trading tools, but – as is often the case with this brand, they again provide for the more advanced client. The tools and settings available, offer greater depth than at rival broker. This enables users to target more complex strategies. In turn, this can led to more accurate and specific trading. Binary Options Trading in the UK. Everything you need to trade binary options successfully.

Research. Find a broker. Trade. For UK investors, trading with binary options is a tax free form of investment with very quick results – minutes rather than months or years. The word binary is used because there are just two possible outcomes – either the trade is successful, and the investor gains a significant return (usually between 75% to 95%) – or the trade is unsuccessful, and the full investment amount is lost. So ‘binaries’ (or ‘digital options’) are a high risk form of investment, but that risk is offset by the potential for very high rewards with minimal waiting time. Most brokers are regulated, offering consumers the sort of protection they would expect while using financial instruments of this type. Returns from binary trading are also currently viewed as tax free by HMRC. Top Brokers in the UK 2017. What Are Binary Options? Binary options are a derivative, traded on any asset or market.

For example a stock price (Twitter, AstraZeneca etc), indices (FTSE, DAX, Nikkei), commodity value (gold, crude oil) or foreign exchange rate (EURUSD, GBPUSD). Even cryptocurrencies such as Bitcoin or Ethereum can be traded. The main difference between more traditional stockbroker trades, and binaries, is the clear identification of risk and reward before the trade is made. An investor knows exactly how much is at risk, and crucially, also knows the exact value of any potential returns. No calculator, formula, or maths degree is needed to work out profit and loss on a binary option. This structure of the trades is what has led to the terminology of “ all or nothing ” , or “ cash or nothing ” being widely used. The only decision for a trader is if the value of the underlying asset will rise or fall. The degree of the price change is not important. The trader is purely speculating on whether the price will be higher or lower than the current price, at a specific time in the future. Short term price movement can be triggered by news stories or headlines, quarterly statistics, buyout rumours or even global security fears. Trading binary options offers a YesNo proposition. Although there are variations on the HighLow option, this type of investment will always have a black and white, YesNo, binary outcome.

Where trades can be closed, redeemed or sold mid-trade, payouts have absolute figures of 0 and 100 and prices move between as the market dictates – until closure. Every binary option is offered with an expiry time. This is the point at which the trade will end. So the price at expiry is the one that will decide whether an option has won or lost (“in the money”, or “out of the money” in binary jargon). These expiry times can vary from just 30 seconds or 1 minute, (known as ‘turbos’), to a full day (‘end of day’), to even longer in some circumstances – rolling up to a full year. Generally however, a binary option is used for short term trading – usually under 30 minutes. Longer term expiries – and the element of fixed risk – does make them useful tools for hedging or diversifying other holdings. Payouts change dependant on the asset and the expiry time. Differences can be significant so traders looking to use binary options long term, need to shop around to find the best payout for the asset class (or classes) they intend to trade. Video Tutorial – Binary Trading Explained. Watch this video tutorial of the IQ Options platform, which shows how to place a binary trade: Legitimate Investment. Although binary trading is in a period of growth, it remains a relatively unknown product. Over time, this is likely to change. As digital options (as they are also known) offer a very simple fiscal arrangement.

They are a legitimate way to play the financial markets. Binaries offer a clear trading choice, but they are also high risk high reward. There is however, no leveraged exposure with a binary trade, so the risk and reward ratio is also simple to manage. Are Binary Options Safe? Binary options suffer from a poor reputation. This is basically a result of dishonest and irresponsible marketing and cyber crime, more than an issue with the product itself. With tighter regulation, and a better understanding by the wider public, these options can – and will – move into the financial mainstream. Which was where they originally developed. While regulated agents and businesses may still have their flaws and faults, they are not fraudsters. The angry emails we receive focus entirely on unregulated brokers promising “easy money”, or a route to “get rich quick”. Read our section on avoiding scam brokers below. Advantages Of Binary Trading. Many of the advantages of using binaries are related or linked.

Here we list some of the benefits to using this form of investment – not just for the retail investor, but also to the market makers or brokers: Managing risk when trading binary options is clear cut. The amount of the trade is the full amount that is at risk. This clarifies the risk not only for the trader, but for the broker too. Their pricing model reflects the accurate knowledge of their liability. Trading Fees And Spreads. The certainty of risk provides a solid foundation for brokers to work within and manage. This leads to low trading feed, tighter spreads and higher payouts. To protect themselves further, they may use a liquidity provider or hedge their own positions. The expensive broker costs of clearing houses becomes unnecessary. Leverage, or gearing, is not generally available with binary trading. This benefits the broker again, as it means all trades must be funded in full. In other words, no trader can default on a trade. With leverage, if things go wrong, there is a real risk of the broker not being paid. This is a big difference vs spot forex or spread betting.

Layers of complexity can be added to the standard fixed payout option. From a ladder option, to boundary trades or more advanced ‘nesting’ of options to create ‘strangles’ etc – binaries can be used in a huge variety of ways. A binary trade offers the greatest level of flexibility. They even provide a mechanism to speculate on a market remaining flat, arbitrage, or to take a view on the trade volume of the underlying asset. Robots and Auto Trading. Auto trading robots (‘bots’) often rely on signals and algorithms triggered by price graphs. Again, these robots attract many of the undesirable operators, and the automatic nature of the trades increasing risk further. New traders should be especially careful. A large amount of ‘due diligence’ is required when trying to find the right robot service. An alternative approach is for traders to build their own robots using their own entry points. A growing number of brokers now offer traders the ability to put their own trading robot or program together, using simple tools. These hacks allow combinations of technical analysis settings, such as moving averages, Bollinger bands or RSI MFI patterns, that then open trades when those criteria are met. It has made binary options ‘pro’ robots available to everyone. Scams.

Binary trading itself is ‘legit’, and not a scam. There are however, brokers and signal providers that are untrustworthy and operate scams or frauds. It is important not to write off the concept of binary trading, purely based on dishonest brokers. These fraudsters continue to drag down the image of this form of trading. Regulators, and rule makers are slowly starting to get to grips with these operations and the industry is being cleaned up. If you want to complain about an operator to our watchdog, please let us know via our Contact Us page. Avoid scams with these simple checks. “Make money online” or “Get rich quick” marketing . This is a huge red flag. Binary options are a high risk high reward investment vehicle – they are not a get rich quick scheme and should not be sold as such. A “no loss” system does not exist. Operators making such claims are being dishonest. A binary options millionaire is almost certainly fake. The Brit Method is one high profile example – swerve it. Cold Calls . Reputable brokers will rarely make cold calls – they do not need to. Cold calls are from untrustworthy brokers.

This could include email contact. Bonus Terms and Conditions . If taking a bonus, read the terms and conditions. Some terms include tying in any initial deposit or capital until turnover requirements are met. The deposit is still the trader’s money – honest brokers will not lay claim to it before any trading has been done. The better brokers will also offer the option of cancelling a bonus if it does not suit the trader. , the leading regulator, has recently banned the use of deposit match bonuses as they believe it leads to clients ‘over-trading’. Account Managers . Be very wary of any account manager, tipster or ‘guru’ wishing to trade on behalf of clients. There is an obvious conflict of interest – they have jobs with the broker. These managed accounts generally encourage traders to trade with figures way beyond their means. This “upselling” is very harmful. The intensely risky Martingale system is a frequent tactic, and results in many quickly blown balances.

Celebrity Endorsement . Sporting legends or team sponsorship is usually fine – and verifiable. Where this backing should worry rookie investors, is where the name of a mega rich billionaire or credible source is ‘pushed’ as a selling point. Warren Buffet, Richard Branson and Martin Lewis have all been presented as backing certain propositions when they actually have zero involvement – other than to sue the perpetrators for damages via a lawsuit. A trader must know their broker . Seems obvious – but some operators ‘funnel’ clients to a brokers of their choosing, not yours. If the merchant demands new clients sign up with a particular broker, or they pick the broker from a limited list – do not proceed. A trader should know the broker they are going to trade with! Being aware of the above methods should help those new to binary trading to avoid the less responsible brands. Improved regulation and more awareness should hopefully reduce these types of complaints. This in turn can allow binaries to move forward. Our method pages covers over 20 known systems, drawn from a range of forum and club chats, plus expert tips and advice.

From high risk Martingale, to intricate systems like the Rainbow. We also cover more specialist subjects, like forex , technical analysis, the best price action indicators, trading signals and winning method. All this is aimed to help you gain an edge, and win. Signals are an alert, sent to traders. They are designed as a trading tool, helping traders to spot opportunities. They can be communicated via a range of methods – email, SMS or from a live signal website or group. Much of the irresponsible marketing associated with binary scams is linked to signals – or auto trading robots utilising them. There are some very good providers out there too. However, in general, learning how to trade binaries is a safer route than using signals to compensate for a lack of trading knowledge. Sometimes, but rarely in isolation.

Some providers deliver a combination of education alongside signals and that represents a good mix. Traders must be able to fully assess a signal before they can judge the quality of them. We also highlight some of the best providers on the signals page. A binary option can be used in a number of ways, and across a huge array of commodities and markets. This means finding the best dealer, best account, or best trading platform, really depends on the needs of the individual investor. For example, some brokers may focus on forex (foreign exchange) and trading the Japanese Yen, Euro or sterling. Others may be strong on commodities and only offer a handful of FX markets. Likewise, the returns (or payouts) may differ between asset classes, and with these varying by as much as 25%, it is easy to see the importance of making the right selection. White label platform providers such as SpotOption, Tradologic or TechFinancials also dictate what products the host site can offer, so a proprietary broker with a bespoke design might be preferable. Payment methods merit some thought – if traders want to use Skrill, Paypal, Neteller or Wire transfer, they need to check the broker delivers that. Mobile trading apps delivered by brokers or binary agents can vary in quality too. Some specifically program for the features of specific models, like iPad or iPhone. Others ensure cross platform compatibility, catering for android, blackberry and windows tablets and devices.

Some traders may have tailored demands for any hand held app, others less so. Trade size limits may point some investors either to, or away from, certain trading accounts. Some brokers offer minimum trades of just £1, while others cater for investors willing to invest £200,000 in a single trade. So every investor needs to consider their own trading style before deciding to open an account. Even working out the ‘cheapest’ broker is not as easy as it sounds. How To Compare The Best Trading Platforms. Our comparison table delivers a quick summary of the key points when comparing brokers. Our detailed reviews then allow potential new users to assess some of the finer points that might confirm their decision. Here is a list of some of the vital comparison points for brokers Payouts Over the counter or exchange traded options Minimum deposit (Plus deposit and withdrawal methods) Minimum trade Maximum trade Trading platform News events feeds Asset lists (Extended lists might include ETFs, bonds and trusts) Charts Charting tools (Graph types, forecasting tools) Expiry times available Regulation (, , CFTC etc) Range of options available (Boundary, Ladder, High Yield etc) Welcome Bonuses Complaints Customer feedback Account Types and Benefits (VIP, Basic, Platinum) Plugins and Integration. (E. g. MT4 MetaTrader4 MetaTrader 5) Promo perks, Competitions, Leaderboards or Contest Prizes. Some points might be more important to certain traders than others. So finding the “best” will be an individual choice for each new client. A speculator taking a position on the monetary policy of the Bank of England or ECB might be best served by one broker, while the person looking to bet on growth in the Apple, Facebook or Vodafone share price might want another. Most top brokers offer demo trading accounts.

These allow new clients to try the services on offer. They can see if the range of markets and investment scales suit them and only proceed to a funded account when they are happy that the right trading account has been found. Those brokers that do provide practise or virtual balances, have confidence in their trading platform. They are prepared to let new traders see it, and try it out, risk free. The review for each broker will include whether it offers a demo in the “Key Details” section. Trial Website And Apps. The majority of these demonstration accounts will work on both the website, and also the mobile app. Both systems can be checked before making a deposit. The very best demo accounts are not time restricted, and allow traders to ‘top up’ the balance if required. This type of account allows the user to not just trial the broker, but also use the demo account to try a new trading method, or even back test a method based on past financial data. All without risking any of your own cash or wealth. Our broker reviews are written after genuine trading on each platform, brand, or white label.

They include all aspects of each provider – good or bad. The credibility of the reviews is important to us. So they are checked and updated regularly and feedback we receive forms part of the overall rating. In order for binary trading to move into the financial mainstream, comparison services need to be open, honest and transparent – and that is what we try and deliver in our broker reviews. Binary brokers are regulated via a number of bodies. regulate the majority of brokers based in Cyprus and Israel. Operators with equipment in the UK will need a license from the UK Gambling Commission (the concept was originally classed as a ‘wager’ on financial markets – a view that is now changing). European regulation however, allows providers to serve British clients. The MiFID II legislation allows this ‘passporting’ of regulatory powers. In the UK however, a stronger layer of consumer protection is available if a broker is regulated by the Financial Conduct Authority (). Some firms also register with the – but this is not the same as regulation. This is an important distinction. In the US the CFTC have only licensed two brokers to operate there – Nadex and CBOE.

In Australia, ASIC (Australian Securities and Investments Commission) oversee brokerages. Some firms are also regulated by the Malta Gaming Authority, or the Isle of Man GSC. Benefits Of Using A Regulated Broker. Regulated brokers offer greater levels of consumer confidence than unregulated firms. They are obliged to retain trader funds in separate accounts, and not in company accounts. They must provide a dispute process for customers, and treat clients equitably and fairly. In addition, regulated firms can only market in a responsible way, and in regions where trading is permitted. Responsible brokers welcome regulation as a way to increase levels of consumer trust. Copy trading is a growing sector of investing. It allows users to copy the trades of others. Those copying decide how much to invest, and whether to copy some or all of the trades that a particular trader or tipster opens. The traders being copied also benefit, as the broker will often reward these clients through commission, or increased income revenue and profits based on the trade volume they generate.

EToro are official pioneers of this form of investment. Copy trading (or ‘social trading’) is a useful function for those people without the time or knowledge to trade themselves. When copying however, time and effort spent finding the right traders to follow will pay dividends. Social trading is similar, but is more geared towards social media style info sharing. A brief history: The concept of a binary, or ‘digital’, option has existed for many years. They were initially only available to large scale investors – institutions, wealthy individuals and funds. The options were provided ‘over the counter’. In 2008 however, the US Securities and Exchange Commission allowed these fixed return options to be traded over an exchange. This allowed the Chicago Board Options Exchange (CBOE) and the American Stock Exchange to offer binary trading on certain underlying assets. Initially, the range of assets was limited, as were the choice of options. Nadex also began offering exchange traded options (matching buyers and sellers) in the US as the market developed. Demand For Digital Trades Grows. As popularity and commerce grew however, the traded assets moved beyond Forex and equities and the option types expanded as well. Rapid developments in software, and the globalisation of trading, led to a boom in these ‘digital’ options – and the expansion trend continues.

The barriers to entry for potential market makers or brokers are much lower in the binary sector. This, coupled with the boom in internet trading over a similar period, has left regulation lagging behind the industry. The growth of binaries however, is unlikely to slow. The simplicity, coupled with the clarity of risk, allows almost anyone to take a view on a particular asset but manage their risk much more easily than versus contracts for difference or stocks purchases. In order to learn binary options, traders have a wealth of learning opportunities and courses. Each trader is different, results will alter from different methods of learning. Some may prefer a pdf file or spreadsheet on the subject, while others will learn most from diving in and getting some hands on experience. Here are a selection on learning methods: Learn Binary Trading Via Tutorials. Brokers are keen to give traders the confidence to start trading – and many offer some or all of the above for potential new clients to learn about binary options, generally for free. Some tools are only made available once a trader has registered – this is purely so the broker has some contact details for things like trading seminars or web based demonstrations. Seminars and Demonstrations. A great way to learn binary options is via an online demonstration or seminar.

Some brokers offer weekly seminars, some in a range of languages. These offer ‘walk through’ style demonstrations which can be really useful. Other firms will offer one on one training, but generally require a deposit beforehand. This training will follow a basic “How to” format, but can then move quickly on to more advanced subjects as required. Some traders benefit from downloading an eBook tutorial, and learning about binary options at their own pace. In their Education centres, brokers often deliver a great ‘manual’ for traders looking to learn the basics. One note of caution, is that each broker will focus on their own trading platform and quotes for some of the explanations and screen shots. Brokers want new traders to use their services. The good news is that while the look and feel of some trading platforms will differ, the underlying functions are the same – so the knowledge is transferable easily. Some independent books have been written, including the popular ‘for dummies’ series.

We list the best here. Video tutorials are the most popular learning method. Some brokers do make more effort than others though, and viewers may also be presented with the same video at different brokers – only the voiceover has changed! There are however, some very good suites of videos available, and they are viewable without registering. We have embedded a video from IQ Option which introduces their trading platform and online binary trading. They offer a full range of videos on their site. Most brokers will provide an education area or ‘knowledge base’, but the quality varies. Firms constantly update their training portfolio, so there is no clear winner in this category. Brokers want to encourage trading, so they make it very easy for traders to learn the basics. More advanced information is harder to come by from brokers – but hopefully the method and technical analysis pages on this website assist. Below are some of the questions and topics we are asked about most often regarding binary trading online. Hopefully these short paragraphs can provide an answer – but if not, there are a number of links to more in-depth articles that explain each subject area.

Types Of Binary Trade. The most common type of binary option is the simple updown or highlow type. This is the forecast of what direction the price moves in. At the point the option expires, will the price have gone up or down? Also referred to as classic or standard options. A slight variation to the updown trade is the abovebelow option. It follows exactly the same principals, but the target price is a preset level, not the current price. All the same logic applies of the price rising or falling based on that value, and where it will be at expiration – but the starting point is somewhere above or below the actual market at that moment. Touch No Touch is a slightly more complicated scenario. Here, a value or price is set (sometimes by the investor themselves if their broker offers a feature such as ‘Option builder’). If the real world price touches , or goes through that barrier, then the ‘touch’ option would payout. If the price never touches the barrier price, then ‘No Touch’ would payout and any ‘touch’ bets would lose.

Also named ‘One touch’ on occasion. In Out, ‘Range’ or ‘ Boundary’ trades require two barriers to be set. One is higher, and the other lower. The binary option is then whether the price stays ‘in’ (or between) these two boundaries. The ‘out’ option would be triggered, and therefore payout, if the price finishes outside of either or the barriers set. Ladder Options . These operate in the same way as an ‘abovebelow’ option, but the payouts vary based on how far away the target price is from the current value. There are a range of levels, and different payouts for each. These are the “rungs” of the ladder. Payouts on ladder options can be as high as 1000% if the price movement required is large enough.

Pairs are a trade type where two related assets are matched against each other (e. g. Gold and Silver) and traders take a view on which asset rises or falls most. Put Options And Call Options. Put and Call options are simply the terms given to buying or selling an option. If a trader believes an asset will go up in value, they open a call. If they expect the value to fall, they place a put trade. Some binary trading brokers change their trading buttons every couple of seconds, from Call and Put, to Down and Up to avoid confusion. Others dispense with the terms put and call entirely, using arrows instead. Icons are always clear so mistakes are not made. How To Place A Binary Trade. Steps to open a binary trade Identify the underlying asset to trade e. g. the price of gold, the Facebook share price or the GBPUSD exchange rate Set the expiry time (The time the option ends), and d ecide on the size of the trade or investment Decide if the value is going to rise or fall (Call or Put) Generally, binary options pay out within a range of 75% to 95%. This percentage is made clear before the trade is made. Other than being higher or lower than the starting price, the closing price does not affect the magnitude of the payout . As binary trading becomes more sophisticated, the amount that can be won is evolving too. Some brokers now offer trades that do depend on the size of any price movement. There are also trade types (covered below) where payouts can reach 400%, 500% or even 1000%.

Are Binary Options Gambling? It depends entirely on the attitude of the trader. If a trader applies no method or research, then any investment is likely to be reliant on good fortune, and the odds are against them. On the other hand, a trader making a well thought out trade can ensure they have done all they can to avoid relying on luck. Are Binary Options Halal? Interest, or “riba” is forbidden under Shariah law. Binary options, even those considered longer term, do not incur overnight charges, or rollover fees. Many brokers have developed Islamic trading accounts which adhere to Muslim guidance (offering immediate execution of trades, and charging no interest). But traders need to tread carefully before deciding if trading binary options is legal, halal or haram. The answer may not be clear. A trader might use binaries with no planning, or method – effectively betting or using them to gamble. This would be banned for most Muslims.

For this reason, we cannot state categorically whether trading binaries are halal or haram. It will be down to the individual. Binary Option Trading Guides: Select a broker Find the asset to trade Set the expiry time Set the size of the trade Click Buy or Sell Check and confirm the trade. The binary trade has been placed! Who Are Binaryoptions. co. uk? At binaryoptions. co. uk, we provide a full suite of services and information to anyone looking to get involved in binary options trading . From educational material and tutorials, to advanced method, tax implications and broker comparison. Binary options offer a form of market speculation. Providing a method of making money from price movement in the majority of major asset classes. It is a growing area of trading in the UK, and that is one of the reasons why we are aiming to provide the definitive guide to binary trading in the UK. Get in touch here.