LBinary Review – Broker Advantages and Disadvantages

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LBinary Review

LBinary is the world’s leading binary option broker and has acknowledged as the Best Binary Option educational provider in Europe for 2020, from the Global Banking and Finance review. In this article we’ll further discuss what features and attributes that come with trading on LBinary’s platform.

LBinary originally opened the website in English and has since provided services to the world in 6 other languages. Although the website is full of educational material and trading strategies, the website is very simple to navigate through.

For those that need to make a deposit before their trade goes through only have to fill out a quick form and then they’ll be able to begin trading right away. The actual trading platform is very direct and easy to use.

Trading Tools

The educational material located in the information section contains articles and reviews which are designed to teach traders how to become more successful. Within the website there is a calendar full of trading events and an ROI calculator.

LBinary will begin offering webinars in 6 languages, which will be scheduled on a weekly rotation between which classes are being taught. Some of the classes are introduction classes to binary option, and show how simple it is to trade binary options online, while other classes are topic based, which teach trading strategies such as Bollinger Bands for binary options, Channel Trading, and Elevator Trading. Webinars are filmed and recorded then stored on Vimeo and Youtube, which allows anyone to go back and watch the video, or for those who couldn’t attend to view the class at their own leisure.

Traders of LBinary receive a Daily Asset Review, Monday – Friday via their email or they may view the DAR on site. It is a short synopsis of what happened on the financial markets the day before and any news that may be relevant for the day. The Daily Asset Review is available in English by 7:00 GMT.

Trading Styles

The best feature of LBinary is the platform itself. There is no software that is necessary to download, which allows traders to log from any computer, use their username and password and access their account. There are more than 120 assets available to trade, which gives traders a huge pool of assets to choice to trade as long as that financial market is open at the time.

There are a few different ways of trading binary options. The traditional Up/Down or Call/Put option is available and is the most basic type of trade. Trades only have to pick which asset they want to trade, the direction the asset is moving (Up/Down), the amount invested, and the expiry time.

Ladder trading is similar to Call/Put trading, but is meant for more advanced traders because there is more freedom for the trader which can adjust the payout rates. One Touch trading has payout rates as high as 400%, and allows traders to make trades on the weekends while the markets are closed, in preparation for the upcoming week. 60 second trading is Up/Down trading but in a 60 second time frame, which is great for binary options because it’s ideal for riding market trends and optimizing earning potential.

The minimal deposit amount is $250 and requires an ID verification process. Withdrawals are very easy to do, as LBinary works with all major credit card companies, Skrill – Moneybrokers, Western Union and wire transfer.

When a trader starts with LBinary they are given an account manager according to their specific region/language. The account managers are there to help manage the trader’s portfolio and provide and technical services that a trader may need. Each account manager has been specifically trained in managing binary options accounts and each come with their own experience trading in the financial markets. Account managers and support staff are available 24/7 via email and telephone.

LBinary Review – Broker Advantages and Disadvantages

People all over the world are always interested in investment opportunities that can increase returns online. For new traders, Forex trading and Binary Options are two of the most popular trading options that are available. There are different benefits as well as drawbacks of both types of investments. It is important to gather as much information on both as possible before deciding which to begin trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

Binary Options Brokers

Broker Bonus Min Deposit Payout US Traders Review Open Account
Free Demo Account Without Deposit & Great Trading Contests (*) Tournaments are subject to Terms & Conditions and EU customers can’t access Trading Tournaments 10$ up to 92% * Amount will be credited to account in case of successful investment Review Visit Broker
1,000$ Free Demo Account Without Deposit, 100% Deposit Bonus, Risk Free Trade 10$ up to 92% Review Visit Broker
10,000$ Free Demo Account and €/$ 20 Free Bet – Binary Options No Deposit Bonus (Not for EU and UK Customers) 5$ up to over 1000% / Trade Review Visit Broker
50$ Binary Options No Deposit Bonus, 10,000$ Binary Options No Deposit Demo Account & 150% Deposit Bonus! Free Trading Signals and Free Trading Contests & Tournaments! 50$ up to 96% Review Visit Broker
$100 Smart Options No Deposit Bonus (in ETH), 0.10 ETH for Regular Account | No Deposit for Wallet Account up to 83% Review Visit Broker
20$ Binary Options No Deposit Bonus, Deposit Bonus & Free Entry to Daily, Weekly and Monthly trading Contests! 5$ up to 95% Review Visit Broker
100% Deposit Bonus, 5 Risk Free Trades, No Deposit Fees and 1000$ Free Binary Options Demo Contest Each Month 100$ up to 85% Review Visit Broker
50% up to 2500$ and More Promotions and Bonuses from time to time 10$ up to 180% Review Visit Broker
up to 100% Deposit Bonus + First 3 Trades Risk Free! CRYPTOCURRENCY, BINARY & CFD BROKER! 250$ up to 90% Review Visit Broker
1,000$ Free Demo Account Without Deposit & 100% Deposit Bonus + Free Entry To Trading Contests for Depositors! 10$ up to 90% Review Visit Broker
100% Deposit Bonus and / or 5 Risk Free Trades 250$ up to 90% Review Visit Broker
100% Deposit Bonus & Demo Account After Deposit 250$ up to 90% Review Visit Broker

The Forex (Foreign Exchange) market is currently one of the largest and most profitable markets in the world in terms of the daily turnover. The foreign exchange market assists international traders and their investments, by enabling currency conversion. A significant part of the large turnover is contributed by online Forex trading, which has been steadily increasing over the past few years. This trend is expected to continue well into the future.

Binary Options trading is the new kid on the block. It is a new version of Forex market trading that is simple in comparison, which makes the preferred trading method. Binary Options contracts have long been available and sold directly by the issuer to the buyer. They were generally considered “exotic” and there was no liquid market for trading these instruments between their issuance and expiration.

Since mid-2008, Binary Options websites have been offering a simplified version of exchange-traded Binary Options. Currently the number of binary option traders are few compared to their Forex trade counterparts, however, market gurus are optimistic that with time the numbers of both binary option brokers and traders will increase exponentially.

What are the differences between Binary Options and Forex?

Deriving a comparison between Forex trading and binary trading is not easy as they both have their own advantages over the other. The first difference is that Forex trading requires professionals with experience in foreign currency trading while Binary Options is quite simple and easily understandable even to novices in financial trading.

The second difference is that binary option trading has a higher level of profitability compared to Forex trading. The profitability rates of Binary Option trading often ranges between 95%% and 60%. In Forex trading, the returns are uncertain and can only be determined after the closing of a position.

The third difference is that Binary Option trading is safer compared to Forex trading. With Binary Options, brokers offer up to a 15% refund in case of losses, which acts as a cushion for the Binary Option trader. Forex trading has no safety precautions in place and in cases of wrong investment decisions the Forex trader loses all money invested.

Another difference is that with Forex trading you can trade continually throughout the weekdays while with Binary Option trading, weekdays are at predetermined intervals. The trading of Binary Options is dependent on the commodity exchange hours and the local financial markets.

And last, and certainly not least, the quantity of assets available differs between Forex and Binary Options trading. Binary Options trading enables a trader to trade many more assets, then Forex trading – not only currencies, but also stock, indices and commodities.

It isn’t a secret that the binary options market is meant for retail traders who want to make some passive income. This is why binary options brokers have very small requirements for initial deposit. For example, most brokers will accept an investment of just $100 and few brokers even 5$ to 50$ if you want to start trading.

You can also trade contracts that aren’t more expensive than $5 and few brokers accept even 1$ minimum trade size. Meanwhile, Forex brokers require a larger initial investment, and due to the leverage they offer, you may lose your money faster than you think.

The truth is both markets have their advantages, but the main difference between them is that they are meant for different types of traders. The Forex market is a suitable choice for people who want to turn trading into their full-time job, while the binary options market is convenient for retail traders who don’t want to get involved too much.

Advantages and disadvantages of Forex trading

Jim.lovebird November 5, 2020 at 5:16 PM 18565 4

Every day the Forex market wins the increasing popularity. A great number of traders refuse the traditional futures and stock markets in advantage to Forex. Why is Forex market so attractive? We will consider the main advantages and disadvantages of this market.

Advantages of Forex market

1. Rather low barriers of the entrance.

For example, according to SEC requirements the trader for intra-day trade in the stock market will hold at least $2500000 on the account. For access to the futures markets brokers need the marginal providing and maintenance of the account of a smallest amount in some thousands of dollars.

In this respect, Forex market outstands favorably. Usually, Forex brokers offer mini lots with the leverage 1:500 which allow to conclude bargains in $1000000, having on the trading account only $2000. Certain brokers give the chance to traders to trade micro lots, thus on the account it is enough to have only some dollars. And online Forex charts will help to react to the market changes timely.

All accounts can be deposited, using credit cards or electronic payment systems. It is possible to open the account and start trading in just one day. Thus, in the Forex market can trade anyone, regardless the amount available for trading.

2. The possibility of active twenty-four-hour trading.

In the Forex market can be found active currency pairs to trade at any time. Forex is open 24 hours per day, 7 days a week. For many traders, Forex trading is a method of extra earnings, thus, the people occupied fulltime have the opportunity to open transactions on the Forex after or before the main work. It is also possible to watch the movements of the prices in the market round the clock, using Forex charts.

3. Free quotes and software.

Unlike the markets of futures and stocks where traders will pay the software for a technical analysis and receipt of the quotes, and some traders even bring a monthly payment for a trading platform. Practically all brokers of the market Forex provide to the traders excellent trading platforms free of charge, and also Forex charts which reflect the latest news and market analysis.

4. Almost no commissions.

On Forex, traders pay the bid /ask spread for the market entrance. The spread represents a difference between buy and sell of currencies, which can be determined, analyzing Forex charts. It should be noted that the spread can represent heavy expenses, according to transactions, but, in general, it is the unique service fee of the broker.

It is quite often possible to hear about the liquidity of the interbank market and its big size as the main benefit. All these factors are suitable for the institutional party of business but have no special value for private traders. Everyone can study quotes of the interbank market, analyzing graphics Forex online. In general, it is necessary to consider that private traders perform Forex trading by means of retail brokers, thus all transactions are fixed on broker servers and their most part isn’t brought to the interbank market, and blocked in the company.

Forex market disadvantages

1. Forex doesn’t have central regulation.

On Forex, there is no clearing center or the centralized market. Private Forex brokers are continually charged with different types of deception and fraudulent actions against the clients. And the most harmless are accusations in the artificial movement of the press for the purpose of activation of stop orders which allow, using Forex charts, to close the transaction without the participation of the trader. These stop orders enrich brokers. As a rule, a good method to avoid dishonest actions is the choice of famous brokers with good capitalization.

Management function by currency holdings at the moment belongs to Central Banks, on their sites, it is possible, analyzing Forex charts, to examine the directions of currency movement.

2. Quite a wide bid/ask spreads.

A lot of main currencies pairs have spreads about 3 pips. It means that in the case of trade in a standard lot of $100000 the trader will pay $30. So, in the case of an entrance to the market traders receive directly minus 3 pips. Thus, the market will be displaced on the whole 4 pips in the necessary direction only in order that the trader could earn $10 on this transaction.

Analyzing Forex charts, it is clear that it represents a huge minus for the intra-day trader. Of course, on fluctuations at the expense of big profit the trader will be easily able to cover a spread, but anyway, this main obstacle for the successful short-term biddings in Forex. Some Forex brokers offer rather narrow spreads, the traders have to pay attention to this criteria.

3. Negative swaps.

Depending on the currency pair swaps can be both positive, and negative. Thus, traders, using various Forex charts to hold a trade position, are forced to pay a daily percent. On separate currency pairs, the interest can be paid to the trader, but most of the brokers don’t allow to traders to use such opportunity, especially on micro accounts. Negative swaps are the main disadvantage of fluctuations trading, thus, it is important to examine the policy of the broker on the relation of transactions transfer. So, considering the possibility of a negative swap, it is necessary to study regularly Forex charts to be convinced that a trend moves in the necessary direction.

But even, despite its cleart disadvantages, Forex offer enormous possibilities to get financial freedom. Research and practice are the best friends of Forex success.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Best Choice!
    Free Trading Education!
    Free Demo Account!
    Big Sign-Up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!!!

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