Here, the operations are similar to that of all the other trading platforms. But, Spectre. ai has tried to put up a broker-less approach for the traders to trade directly on the financial markets and assets. And with this process, you can connect your digital wallet to that of Spectre. ai account. In fact, you do not need to open up your account to pay the minimum funds at all. ai is offering its trading services all across the globe.

The strong zone of this platform is to let the users trade with binary options, CFD and Forex. ai is more leaned towards being a tech provider than being just a financial trading platform. You can gain access to Spectre. Also, you do not need to worry about losing your money due to false measures over this secure platform. It has a plethora of unique features that develop the interest of people to learn more about Spectre.

If you are into binary options trading or are willing to join the quest, learning about Spectre. ai can be an ideal consideration. As you are under your research phase to know the strong and weak zones of various broker platforms, it is time for you to give Spectre.

ai a try as well. Therefore, this article is here to cover most of the important areas of functionality over Spectre. Apart from that, you will also know why Spectre. ai has become a challenge for the other brokers in the market.

ai possesses its own platform for trading and owns it by name. The trading system is entirely accessible by the web and comes with a direct log-in process. You get all the basic features within this platform, including charts with ample varying information. Also, you can view the price movements of any assets, whether it is one second old or one day old. Following that, you get over 30 technical indicators over the platform to help you with accurate trading decisions.

Apart from that, MT4 integration is now part of Spectre. ai since The APIs within Spectre. ai allows the traders to build trading bots over the platform. The developers have the potential to extract any kind of historical data from the trading platform. Moreover, the developers also get the opportunity to test the algorithms across diverse markets. You can explore the efficiency of the automated trading option over the demo account of Spectre.

It will help you get an idea of how the automation works upon trading within the platform. There are over 80 tradable products available over the site. You can speculate the price movements of all assets and then decide upon trading on your selected options. You do not need to own an asset to speculate their price movements. Moreover, Spectre. ai has its own Epochal Price Index Composite contract class EPIC.

The assets are split between EPIC and digital binary options. ai is also leveraging the potential of introducing stocks, indices, and CFDs to the platform. The Spreads of Spectre. ai are preferably tight, with some particular assets.

And, it also allows spread-free entries over the platform. The average spreads over the major forex pairs tend to be 0. When the spreads are tight, the profit aspects for the traders increase. The traders will receive benefits from high win rates, and profitability is assured. ai, as a trading platform, takes no additional fees other than the trading amounts for its services. You do not have to pay any inactivity fees or commission cuts to Spectre. There is a wide range of assets available over the Spectre.

ai platform. It is upon you to decide on what you want to choose for trading investments. Depending upon your trading tactics, you can pick the major currencies across the globe or the digital assets. Not just that, but you have options to trade on commodities and stocks as well. It is like, offering you options to implement fancy trading aspects. You can switch the choice of your trading asset anytime within the platform.

For instance, if you start to trade currencies over Spectre. ai, you can always switch to commodities anytime, without charges or limitations. The platform is immensely growing and might add more features to it in the long run.

Some of the trading features within the platform include:. Short trades are basically for beginners who want to take low risks in their initial investment. A short trade can last for a time range of 60 seconds to 1 hour.

If you are not into binary options trading or Spectre. ai, you need to start with this trade option on priority. It will help you see quick results, helping you to lower the risk factor. In addition to that, it will also boost your motivation for more significant duration trades in the future.

Intraday trades resemble trades that can last for 12 or 24 hours. This trade option is most likely for traders who have some sort of experience with binary options trading. Moreover, the traders imposing on intraday trades should have the patience to let the market unfold. Even beyond patience, one should have the knowledge to implement intraday trading upon growing assets.

Amidst intraday trading, you can expect the asset price to fluctuate in high rapid movements. Therefore, the risk factor is high with it. You need to study the market well in order to place your bet on the intraday trade of any selected asset. Under Spectre. ai, there are two trade placement types that are known as the traditional immediate trades. You will be making the trade-in those trades and set the placement accordingly to commence with it at the right moment.

It means that you need to set up the trade by referring to the future price of it. You will be entering the trade at a particular pricing or a pre-defined rate and set-up the price placement.

When the asset reaches that price, the trade begins, and the order is placed based on your chosen direction. You can also prefer to set an alert on the price movements of an asset. For example, when the price reaches a particular amount that you chose, you will receive an alert. It is the time when you can go ahead and manually enter the trade. You can also set a time limit to cancel the placement in case the price you expect never reaches the mark within that period.

Leverage is unavailable for most of the assets over Spectre. ai, except on forex pairs. Forex pairs are available with up to 40 times leverage. For the traders who want to operate with minimum capital, this leverage potential might limit their position and size options or flexibility of choice. Low leverage is what will help the traders to limit the potential loss probability as well. To help you better understand the efficacy of Spectre.

ai, you need to get an idea of all the existing attributes within the platform. And this section is especially to highlight all of the critical features of this platform. A must-to-have for every binary options trading platform is a demo account. A demo account will help the traders learn more about the platform features on a practical note.

The demo account acts just like the real account, except you get virtual funds to trade over it. This account has the algorithm to simulate the real market movements, to help you decide your unique strategies. You can try out your expertise on all of the assets to see if it turns out productive or becomes a loss move.

When you think you are ready with the knowledge and expertise, you can create your live account and commence with your trading aspects. You do not need to make any investments for using the demo account. As a matter of fact, you can do it right after you log in to the Spectre. As there is no requirement for a minimum deposit for the use of digital wallets, there is no question of any bonus on deposit. Even though you are creating a regular account with Spectre. Also, Spectre.

It is an excellent opportunity for the traders to take part in it, and bring home the big prize. ai operates under the regulations of St.

Vincent and the Grenadines. And with this regulation and licensing, the users can put their trust in this broker platform. The operation model of Spectre.

Hence, you can conclude that it is in no way a scam! The opening and closing times of some of the assets depend upon their respective market operating hours. The spreads might become wider if you prefer to trade outside the standard market hours.

The customer service representatives are very much prompt towards attending to the queries of traders over their platform. Most prominently, the sterling has fallen in value. However, there have been some repercussions for many binary brokers.

While MiFID 11 guidelines around binaries were going to be enforced in Europe now the UK will have complete authority to implement its own rules. That said, it might decide not to implement any because there is no requirement to. The Australian financial market is run and regulated by the Australian Securities and Investments Commission ASIC. Brokers based in Cyprus and Israel are regulated by CySEC. In Dubai and the rest of the UAE, binary options are regulated by the Dubai International Financial Centre DIFC.

Day trading is also available in Canada, South Africa, New Zealand, India, Malaysia, Pakistan, Nigeria, Kenya, Indonesia, the Philippines, and Vietnam.

Each jurisdiction has its own regulatory bodies governing the market and enforcing its own guidelines and penalties. Therefore, reputation, trustworthiness, and regulation should be among the top factors when considering which binary options trading platform you utilize. Binary options have a damaged reputation as a result of false advertising and cybercrime. Unregulated brokers have infiltrated the market offering quick cash, which have been marked as fraud or scams. For this reason, regulators are coming down harsh on financial service providers with regulations and restrictions.

There is a new scam that is connected to binary options running wild around the globe, scammers are targeting people who are either unemployed or who work from home. So as a whole, binary options do not come with more risk, traders simply need to do their research and check where the broker is regulated to know what protections you will have in the event of fraud or scams, or should a company becomes insolvent.

nother key distinction between regions comes with the much loved taxes. In some countries, binary options are considered a type of gambling, like in the UK for example. This has some notable benefits to it. The HMRC does not charge any taxes on profits earned from binary options. And while the U. K was under pressure to reclassify binary options as financial derivatives, as we mentioned, they are no longer under any pressure to do so which is good news for traders.

With that said, if you rely on day trading binaries as your sole income, and are trading full-time, then you might be liable to pay income tax. You should make sure what exactly applies to you before you get to that stage. In other areas, tax regulations on binary options varies greatly.

For example, in Germany and Japan the tax obligations are vastly different. Therefore, before you get started trading binary options, we advise you seek some advice on what tax obligations will apply to you.

You may be required to pay any of a number of taxes including, business tax, income tax, capital gains tax. Yes, binaries are dynamic and have a capped risk. But to make it a full-time income you will need to listen to and use the information and suggestions in this guide first and foremost.

Can you make a lot of money off trading binary options? There is no doubt that binary options trading can potentially earn you a high profit, multiple millionaires have proved this. To get to that point though, you will need the right broker, a strong strategy, and you will need to follow the steps that we will outline below. To understand how binary options work you will need to know three things; the underlying market, the strike price, and the expiry time.

Once you understand these you will have the basics of binary options down. When it comes to binary options you can only lose the amount you invest.

This is why we say that the risk is capped. Binary options offer traders an option to trade markets with a limited amount of risk, and limited profit opportunities. If you believe that it will go above this then you buy it. The bid and ask price will fluctuate continuously until it expires. You can close your position at any stage before the expiry time and lock in the price to give you either a profit or a loss, in comparison to letting the option expire out of the money.

What you earn, someone else will lose, and what you lose, some else will earn. Each trader has to hand over the capital for their side of the bargain. Traders can buy several contracts if they wish. Take this example for instance:. Binary options outside the U. S have a capped risk and payout, and are offered by brokers as opposed to the exchange directly. These brokers make a profit on the difference between what is paid out on winning trades and what they make from losing trades.

These brokers profit from the difference between what they pay out on winning trades and what they collect on losing trades. Just like the U. S trades, there is an expiration time. Brokers outside of the U. S cannot solicit U. citizens unless they register with the regulatory bodies in the U. S, the Commodities Futures Trading Commission CFTC or the Securities and Exchange Commission SEC. Since binary options can have various time frames, you choose a time or date that supports the analysis. Otherwise you lose the whole stake.

This is all quite similar to the U. S example. However outside of the U. S, the minimum and maximum investments will vary greatly depending on the broker you choose. In some cases, the price at expiration might be the last quoted price. Again, the difference here is that outside the US, the broker will outline its own expiration price rules. If the price expires on the strike price, it is not uncommon for the trader to be returned their original investment, although different brokers apply different rules.

The original investment or profit is added to the traders account automatically when the position closes. With international brokers, you will typically be offered more option types, too.

Other binary option types include one-touch options. This means the traded instrument must touch the strike price once only to earn a profit. With this, traders select a price range that the asset will trade within until the expiration. If the price stays within the range traders will receive a payout.

If it goes outside the range the original investment will be lost. Although the requirements and product structures may change, the risk and reward is always set out from the beginning, enabling traders to potentially earn more than they could lose. Unlike trading in the U. S, some not all international brokers allow traders to leave positions before the expiration.

When you exit a trade before expiration you usually will receive a lower payout or only a small loss without losing your whole investment. As you might have gathered by now, unlike the stock or forex markets where slippage and price gaps can happen, the risk and reward are known from the outset which is a major advantage.

Another big advantage for beginners, the structure is simple and you just make one call: will the underlying asset increase or decrease in price? Binary options are accessible and traders can access numerous asset classes at any stage while the market is open.

Even better, more products are being added so that brokers can stay competitive. The other side of binary options trading is that as the reward is always lower than the risk, and traders will need to be right a high percentage of the time to make up for and profit from the inevitable losses.

With that, the gain is always capped. Buying multiple contracts can help you reach a higher profit point from a predicted price move. While the payout and risk does fluctuate from broker to broker and instrument to instrument, one fact remains true: when you lose, you will lose more than you could make when you win. Apart from the typical binary options, you might give payouts where the reward might be bigger than the risk but it will be more difficult to win.

Finally, traders outside of the U. S will be trading in an unregulated marketplace with little government involvement should a discrepancy arise. Although brokers tend to use external sources for quotes, there is still a chance a trader could find themselves victim to fraud.

Happy with those odds and think binary options trading might be a good fit for you? Here are the steps you can take to become a binary options trader. Finding the right broker is one of the most important choices you will make. Your broker should meet all your needs and goals and overall optimize your trading performance. As we mentioned, traders in the U. S will have the option of one broker only, Nadex.

Traders around the rest of the world have a lot of options. Perhaps even too many. If you are, or are planning to be, a high-frequency binary trader then the fees and commissions you pay can really add up.

In order to maximize profits you will need to find a broker that offers competitive and transparent fees. Just keep in mind, you will pay different amounts for different asset classes. Traders should also consider eOption as a low fee options broker with a huge selection of investment types.

This varies greatly from broker to broker. Keep an eye out for brokers that specialize in specific assets. If you have one in mind then you are best off looking for a broker that focuses on that asset. You will more than likely benefit more from the brokers research, education and news feeds, not to mention getting access to the best option choices out there. We spoke about this in more detail above but to reiterate, make sure to check that your broker is fully regulated by the concerned authority in its jurisdiction for example, the CFTC, FCA, or ASIC.

Customer support can be another crucial aspect to your trading experience and an inaccessible or ill informed team can really slow you down, cost you time, and as a result, it will cost you cash.

Binary Options is a financial trading option where you have to predict the future asset movements to win a trade. Franco is a professional trader who has been doing trading over many years. Mainly Franco is a creator of this trading signal platform. Curious about this program? I liked that you needed zero trade experience to join the platform. You can learn as you go along-I am a hands-on learner, so this was huge for me. Imagine trading in a room where a professional investor is broadcasting to you!

No, I am not kidding around. Table of Contents. This program is just right for you if you feel in the dark about binary options and need a push in the correct direction. You need no trading experience to start with this program. A Binary option is a trading option in which the payout is some fixed monetary amount or nothing whatsoever.

Cash or nothing and asset or nothing binary options are two main types you will encounter. The creator of this program is a man who is going to seem mysterious until you get into the program-he goes by just one name, Franco. He has heaps of experience under his belt as an experienced trader with binary options and Forex. Before we go any further, I would like to make it clear: This is not a scam in any way. However, you are not guaranteed success when it comes to the markets. Never invest any money that you cannot afford to lose.

While past performance is a great way to make a market strategy, it is NOT a guarantee of future results. Begin your quest by trading with funds you can afford to lose, and then when you win, trade with your gains. So, a Binary Option is a trade option in which you must be skilled at predicting how assets will move in the future to win with this type of trade. The creator of this program, Franco, has been doing this for years-he is the guru from which you will learn how to master this type of trade.

The program is known as BOTS binary option trading signals , and I must remind you that no trading experience is needed for this program. Instead, Franco prefers a human approach. It is why you get access to a real live expert speaking to you! And yes, they do use market analysis in forming their opinions. You will be able to follow the instructions provided in the email or text message you get, and then you get the signals right in a live trading room.

You can do it on your tablet, laptop or phone! As any consumer, I was not so sure about this program. And when it comes to wealth management, I am extra cautious about where I spend my money. Thankfully, Franco lets you in to watch a session and see how it works. It is a huge relief, especially if you are on the fence about whether or not to buy. I learned that the trading signal is based upon six algorithms. Those interested in Forex can use these algorithms, or signals, to start currency trading.

I want to make it clear that if you are looking for investment advice, please go elsewhere. These experts can show you the right direction, but for trading advice, you should seek a financial advisor.

However, if you would like a unique trading strategy, check the BOTS. I decided to take advantage of the Monday Free Trial option at first. Later on, I did supply billing info because I liked the program, but we will get to that later. All you have to do is start by providing your name, email, and a password you make yourself. You will have to enter payment info-I used PayPal as I felt it was easier.

Credit cards are an option, too. Even though you have to enter payment info, you can cancel at any time. Just make sure you do it 48 hours in advance, and bear in mind the trial is only for one day. BOTS immediately get to work analyzing the market and making predictions before generating the signal. Financial events, news, and other factors that affect the markets are used.

I love how up to the minute events are used in determining the value of a binary option. It is recommended you devote about 2 hours a day at this to see results. I think this varies from person to person; I spent about an hour and a half per day to it. He trades on the most popular currency pairs-USD to JPY, USD to GPB, EUR to USD. He finds the best signals happen at 60 seconds, 2 mins, and 5 min trades.

Using these signals are an excellent way to trade Forex, too. You will find at times he uses minute signals, too. The advantage of the 2- and 5-min signals is that you can open an account with GTOptions, and they sometimes offer a promotion. When I first started, for example, you could get 5 risk-free trades. Franco makes use of different trading strategies that he executes in accordance with the expiry times.

He uses different trading indicators and lines as a way to build and execute trading strategies. I should also note that he makes use of the Martingale strategy , which is good because it minimizes losses.

If you are a newbie to trading, it may be wise to use a different strategy for now. I found the support to be amazing. The fact that you can talk to Franco right there on the platform is fantastic. And, you get to speak and communicate with other traders via email or an open chat window.

The trade of ideas is the second coolest thing about this next to the trading of binary options. Here I will list out the main features of the program and what I really liked about it, and also talk about what was not so great.

I think this is a great way to get into binary options. Introduction Binary Options is a financial trading option where you have to predict the future asset movements to win a trade. My Experience: BOTS As any consumer, I was not so sure about this program. How I Got Started I decided to take advantage of the Monday Free Trial option at first. there are plenty of other options. Batman: Once the candle closes, you can place the trade right away. After you use the bat signal, wait for the remaining pink arrow on the minute chart Tony D: This rule states that the dollar controls everything, and you should always pay attention to DX.

It will become easier once you see it in action Dr. Pros and Cons Here I will list out the main features of the program and what I really liked about it, and also talk about what was not so great. Trading Review.

Binary Options charting. The HMRC does not charge any taxes on profits earned from binary options. com Login Binary. Copyright © All Rights Reserved binaryoptiontrading. Auto trade approval is a type of a pop-up window that gives traders the control over their investment choices.

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