Signal VS Social Trading – A Strategic Analysis for Forex Binary Options

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Signal VS Social Trading – A Strategic Analysis for Forex Binary Options

Posted on by John Thiel

Woke up the other day at Monday morning at 5 AM to get a feel for the markets and try to identify a few potential entry signals on the EUR/USD. I decided to give Optimarkets a try since they were the only ones kind enough to answer my continuously badgering questions without slamming the phone in my face. The coffee was fresh and so were the formations on the candlesticks on my MT4 account, so here we go.  Chart A represents a Bear Trap formation on today’s EUR/USD signals, or is it the beginning of a cup & handle pattern? …

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Binary Options Trading Regulation: Is it Legal?

Posted on by John Thiel

Before we start this discussion, I think it’s crucial to differentiate between binary options trading that is illegal as opposed to unregulated. To be specific, if you open a real money trading account with a FINRA-licensed broker you pretty much know what you are getting. The traditional brokers or exchanges make their money based on the margins or percentages charged according to the volumes of trades executed. Contrarily, the CYSEC-licensed brokers operate differently. In their business model the trading algorithm ignores the volume of trades in this context. Of course they want you to trade more, but only in the  sense …

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