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  • IOption Goes Out Of Business

    iOption is the first of the premier Binary Options brokers to go out ofbusiness. Over the last few years there has been a large proliferationof Binary Options brokers to hit the online trading universe. There arecurrently over 200 Binary brokers to choose from. Of the many brokersthere are several large players that have dominated the paying field.

    Of late many of the smaller brokers have begun to close their doors orhave been bought out by some of the larger brokers.

    iOption had always been one of the stronger brokers offering servicesin over 13 languages. They refused to do business in the USrecognizing the questionable legality of Binary Options tradingsolicitation of US customers. They were one of the first brokers toreceive a CySEC trading license making them regulated throughout theEU. They always had an excellent track record in terms of customer and affiliate payments.

    iOption Notifies Employees That Business Will Close Immediately

    In October 2013, for the first time, iOption customers began tocomplain about withdrawals. This was only a hint of what was to comeonly a few weeks later. On Friday November 8, 2013 iOption seniormanagement notified employees that operations would cease immediately. They were to arrive Sunday to meet with company legalrepresentatives. It is unclear at this point whether October payroll willbe met or if current account holders with get their money.

    There have been rumors that another large Broker was in negotiationsto buy iOption. This would provide a solution for the depositors andallow the iOption site to continue functioning.

    If this consolidation does take place it would be the first among the bigBinary players, but probably not the last.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Nov 11 7:31 AM | Link | Comment!
  • Binary Options Bonus

    Binary Options brokers off several different bonus offer types in order to encourage potential traders to open accounts. The most common bonus is the deposit bonus. The deposit bonus is a percentage bonus on the initial deposit amount which is credited to the traders account. As an example a 50% deposit bonus would mean that a trader who deposits $200 would receive a $100 bonus.

    The Binary Options No Deposit bonus is free trading money deposited into the traders account before he actually deposits his own money. The no deposit bonus gives the trader the opportunity to test his trading strategies and the trading platform without having to risk his own money. Other bonuses include Risk Free Trades, Refer a Friend and Insured Trades.

    Binary Options Bonus Terms and Conditions

    Most bonuses have withdrawal conditions. Most commonly these conditions are expressed in terms of a trading multiple. The trading multiple is a required trading volume that must be met before a trader can withdraw his bonus money. The multiple can be applied to the deposit and/or the bonus amount. For example a 20X trading multiple on the bonus + deposit amount on the above 50% deposit bonus would require the trader to make $6000 (20 x $300) in trades before he could withdraw his bonus amount. Some brokers will restrict withdrawal of even the deposit amount before the trading multiple is met. It is extremely important for traders to the bonus terms and conditions before accepting a bonus offer.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Dec 20 3:32 AM | Link | Comment!
  • 60 Second Binary Options

    60 Second Binary Options is a recent innovation which is offered on many online trading platforms.

    Binary Options Trading has been around for several years and provides a simple way for a speculator to profit on the movement of a financial asset. Trader does not buy the underlying asset nor an actual option contract. He simply places a wager with the broker as to whether the asset will go up or down within a predetermined time frame. Typical Binary Options trades have expirations from 15 minutes to an hour. Returns on investment range from 65-85%.

    Binary Options trading are is offered on many types of financial assets including Stocks, Currencies, Commodities and Indices. In the US they are offered by NADEX which is a regulated CFTC derivatives exchange. Binary Options are also offered on many different worldwide online platforms some of which are regulated in their host countries.

    60 Second Binary Options Trading

    60 Second Binary Options are similar to standard binary options in that trader selects whether asset will go up or down, but the expiration is in 1 minute.

    60 Second Binary Options are ideal for traders who want to scalp quick profits from market moves. Traders can take advantage of short term market moves based on simple chart patterns in order to make profits of up to 75% in an extremely short time frame.

    For a detailed analysis of 60 Second Binary Options including broker reviews and trading strategies visit TradeOpus.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

    Dec 17 11:17 PM | Link | Comment!
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