Robot Review

4 stars based on 59 reviews

They where among the pioneers in the space. They where originally known as BetOnMarkets. They have a good reputation due to their easy no frills software. They focus exclusively on a good trading experience.

They are good choice for experienced and beginner traders alike. They need both a brokerage and a gambling license because they offer options binarycom withdrawal limit on virtual financial instruments. A type of gambling. They offer a very large selection of informative material that can help beginners become skilled players. They offer free e-books, webinars and guides. The software is developed by binary. The browser based software is well designed, easy to use and works on all computers regardless of operating system.

This does however not mean that they never offer any bonus. Try contacting the customer service binarycom withdrawal limit you register and ask if they can offer you a bonus. This is often possible, especially if you want to deposit a large amount of money. If they are unable to give you a bonus they might still be able give you some extra perks.

Provide the customer service about your plans and how much money you want to deposit to maximize your chance of getting a bonus. The software is very scaled back and minimalistic. It does not offer anything that is not necessary. This is a good thing. It makes the software very fast loading and very easy to use. There are no distraction from the trading. The software does not provide real time news feeds and does not provide support for automatic signal trading.

They are developing a new platform and we do not know what this platform will offer. The platform they offer when you read this might be very different from the platform I write about above. The trading platform is browser based and works equally binarycom withdrawal limit on all computer platforms. You can trade regardless of your operating system. The apps are well developed and make it binarycom withdrawal limit easy to trade with binary options.

They offer regular binary options as well as short options and a large selection of different types of exotic binarycom withdrawal limit.

They provide binary options with a maturity of between 10 seconds and 1 year. The smallest amount you can invest in a option is USD 1. They offer several different types of these options. Their exotic options are mainly based on currency pairs, indices and commodities.

The selection of stock based exotic options is a lot smaller. Demo accounts and regular accounts. All new members get a demo account with 10k binarycom withdrawal limit virtual money on it.

The demo account does not work in exactly the same way as the regular account but still gives you a good chance to learn how to trade using their binarycom withdrawal limit. The virtual instruments have no ties to the real world and is more or less a lottery. I do not recommend that you ever trade in these binary options. It is not possible to consistently earn money trading virtual options. The virtual options are found in a section called random.

Among the options that are based on real financial instruments you find options based on shares, currency pairs, indices and commodities. They offer a very large selection of options based on currency pairs. The selection of options based on shares is not very large but you still find options based on companies from all over the world.

They also offer options based on most popular indices. They offer a good customer support. The customer support can be contact through telephone, email and live chat. They usually respond very quickly. I have found that the best way to get a reply is to send an email to support binarycom withdrawal limit. You usually get a faster response through phone or live chat but the replies you get via email are more detailed and informative.

You can choose to deposit as little binarycom withdrawal limit USD 5 binarycom withdrawal limit your account. The minimum deposit using some banking options binarycom withdrawal limit USD It is easy to deposit and withdraw money.

Withdrawals are usually processed quickly and it is common that you have your money in your bank account the day after you requested the withdrawal. It can take up to 5 days to get your money. How fast you get your money is largely depending on your bank or e-wallet, not binary. You can withdraw up to USD 10 each time. If you want to withdraw more you need to contact an account manager. They offer a very large selection of banking options.

They offer close to different alterantives. Software for online trading Binary. Software for mobile trading Binary. Types of binary options Binary. Your demo account is transformed into a binarycom withdrawal limit account when you make your first deposit. The selection of options based on commodities is very binarycom withdrawal limit. Support and banking They offer a good customer support.

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Binary options brokers are always keen to attract new traders. One of the main methods for gaining new custom is to offer a bonus. These can come in many forms, from the simple deposit bonus or risk free trades, to more complex packages of training aids and hi-tech gadgets — brokers know how to entice traders, new and old. Here we list and compare all bonuses and explain the key points to ensuring that any bonus taken is a genuine benefit and does not become a source of frustration.

We explore some of the common types of bonus, and when the right time to take it might be. We also discuss some of the pitfalls, and why all that glitters, may not be gold. A binary options bonus is an offer from a broker, designed to provide the trader with additional funds to trade with or to mitigate losses should a trade go wrong. Normally the offer is in the form of a welcome bonus, or a sign up offer as it is sometimes also called.

The bonuses will always come with terms and conditions. These terms are the most important aspects of comparing a bonus. Let us take an example. This is normally a percentage of the deposit. One attraction of the risk free bonus is that the terms are normally way less restrictive. A risk free trade gives the trader a chance to place a trade, knowing that if it loses, they do not lose any money from their account.

If it wins, they keep the profits. Some brokers will offer 3 or even 5 risk free trades, and they will all operate the same way. With more trades however, come more conditions. For example with one risk free trade, the broker is likely to pay out winnings as cash — immediately available for withdrawal.

This is one of the reasons why when comparing bonuses, the terms are crucial. At the end of this page, we explore risk free trades in more detail, and explain why there is always some level of risk. It is clearly an attractive option for a trader, but as explained above — reading the terms and conditions will be key. A no deposit bonus will generally require a very high turnover before any funds can be withdrawn, and this requirement will normally need to be met within a short space of time. This type of bonus is also rare.

It does not work that well for brokers, or traders. This allows traders to use the live, real money platform, but place a handful of trades at no financial risk. Brokers now tend to offer either risk free trades, or deposit match bonus. The best time to claim a benefit is often not at the point of making the first deposit. With some brokers, the best course of action is to open an account with the minimum deposit — turning down any bonuses.

Then after a period of trading, call the broker and negotiate a bonus directly with them, based on a larger deposit. This is particularly effective if there is a larger sum to be invested. The bigger the second deposit, the better any bonus terms will be.

If that seems too much trouble, then new traders should certainly research any potential bonus — and ensure it will work for them. Make sure any bonus conditions can be met comfortably — without having to change any trading habits. Pay specific attention to turnover requirements, and any time restrictions by which time the limits need to have been met. There are certain issues that traders should be aware of when comparing bonuses.

All of these issues will normally be within the terms somewhere, so it is vital to check those. Here we will list some of the details to look out for when checking the small print of the bonus deal you have found:. Only then can you judge if the bonus suits your trading style.

A large bonus with restrictive terms could be worthless if those terms are not met without causing you to over trade. A small bonus, with few, if any, restrictions, could be a welcome boost to your trading funds. Biggest is not always best when it comes to bonuses. Lastly, a high quality, reputable broker will make it easy for you to opt out of a bonus. Some will even allow you to cancel a bonus deal part way through.

A broker pushing their bonuses on you could be seen as a red flag. There are several reasons why bonuses are not as free as they seem and why you may not want to accept one. This a dollar amount you must reach before the bonus monies can be withdrawn from your account.

On average the trading minimum will be between 20 and 30 times the total account value. We have seen some as low as 15 times and some as high as 40 or 50 times the total account value. Of course, you can make bigger trades in order to clear the minimum faster but that can also lead to catastrophic losses.

This is usually something like 30, 60 or 90 days. This means that you have to reach the trade minimum before the time limit is up before you can make a withdrawal. You might not like being forced into trading more than your budget or system allows. The time limit may be another reason to shoot for the stars, trading more often or with larger amounts than you normally would and adding risk to your portfolio.

Some brokers, the shadier ones, will not let you withdraw any money until you meet the minimum trade limit. Brokers that do will not let you withdraw any part of the bonus or profits based on the bonus. In either case clauses in the terms will usually lead to you forfeiting the entire bonus and all profits with any withdrawal request prior to meeting the withdrawal requirements. This broker OptionYard says that bonuses can not be redeemed for cash value, very shady. Except that it might.

The only way to get the bonus could be to deposit money and then meet the bonus requirements. You may also get an additional deposit bonus on top of the sign up bonus, which means the bonus requirements could be quite high. Make sure to check what the case is with your preferred broker. There is a reason why brokers continue to use bonuses as an incentive — they know that the average binary options trader is more likely to lose all of their money than to clear the bonus requirements.

That is why the minimum requirements are so high and the time limits so short. In order to meet the minimum you will likely have to engage in risky trading behavior. Any time you are contemplating accepting a bonus be sure to read the terms of use and fully understand what it will take to clear the minimum. Like everything else in life not all brokers are the same and each will have different policies concerning the bonus and when and even if the bonus is really yours.

Bonuses are often applied to accounts automatically by the broker once they are funded so be wary of this an see if you can decline a bonus, should you want to, before you commit. In order to opt out you, the trader, are responsible for contacting their account representatives. Some brokers will also offer other bonuses from time to time so be sure to read the terms and conditions before accepting them. There are hidden risks to risk free trading the average binary options trader is unaware of.

Fortunately we can reveal what to look out for. This sounds great and is potential way for a trader to take advantage of a broker for demo trading purposes. This is not unusual in and of itself, bonuses come with terms.

Sure you can get one. Sure you can withdraw it, but only after making a deposit. That deposit may also need to be way more than the original bonus. Some brokers offer free demos to potential clients with only an email address in return. The demo is free, if you deposit with us. We do not list brokers that operate like this, but it is worth being aware of. This usually requires a certain minimum deposit, a certain minimum maintenance balance and a trade volume.

But here is what you need to know — Some rebate programs give you money back only on your losses. If you are a net loser on the month you get back some of your loss, if you are a net winner you get back nothing. The kicker is that if you are a net loser, you will have to make another deposit to maintain your balance requirement where there is one.

Also remember that rebates are often paid as bonus funds — with their own set of terms. So they are often not that attractive after all. The absolute worst of the risk free offers is the out and out risk free trade.

Some brokers will offer you risk free on your first, second and third trade. These will always come with a minimum deposit and usually an automatic bonus. If there is no automatic bonus then the money that you would have lost turns into bonus money. There is certainly some risk still involved. What are Binary Options Trading Bonuses? They come in a variety of forms, for example: No deposit bonus Deposit match Risk free trade Education material Hardware or prizes The bonuses will always come with terms and conditions.

Welcome Bonus Example Let us take an example. The Best Times to Claim Bonuses The best time to claim a benefit is often not at the point of making the first deposit.

Term and Conditions There are certain issues that traders should be aware of when comparing bonuses. Here we will list some of the details to look out for when checking the small print of the bonus deal you have found: Withdrawal restrictions — Almost every bonus will have these. For example, are there turnover requirements to be met, and do they need to be met within a certain time?