Recently, a trading company arranged a competition between binary options traders. The participants were granted a $1,000 initial deposit. According to the terms and conditions of the competition, the winner had to make maximum profit during 2 weeks.

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If a current trend continues over 30 to 40 minutes or an hour, there is a strong probability that it will go on 10 to 15 minutes more. The winner of the competition used this peculiarity. He opened positions for 7 to 10 minutes.

Trading Pattern: – Binary options are very easily traded over the various exchanges all across the globe. The reason being that the prices of such options are easily available. They derive their value from producer price or consumer price index. Whereas vanilla options price is not that easily available thus making little difficult for the trader to trade them. Change of position: – Traders can alter their position from out of the money to in the money due to changes in the price of underlying asset. In case of vanilla options a trader has a very limited chance of altering his position. Rate of return: – the payout in case of binary options is determined at time of entering into the contract. In other words the trader is relieved from the burden of loss to an extent. Whereas in case of vanilla options the payout is not fixed at or before getting into the contract. In some cases trader simply gets the difference between the current price and strike price.

Follow the trend is a basic binary options strategy. Actually, a trend is a basis of many different strategies and of technical analysis as well. And what is more important about follow the trend, the strategy doesn’t make trading too complicated.

4XP is different from almost other rivals since they deliver both downloadable and web-based platform. Moreover, in order to maximize the flexibility for customers regardless of their positions and their time, a mobile trading application is also constructed.

Currently, there is no regulator who can oversee and regulate all binary options and Forex activities across the world. Over the years, there has been a remarkable increase in these trades. This may be attributed to the increased accessibility and advances in technology across the globe. As a result, various regulatory bodies have been formed to regulate binary options and Forex activities.

4XP or previously known as Forex Place has inserted its own ticket to enter into the palace of binary options brokers quite soon since 2007. The reputation of 4XP gains by the effective cooperation of professional staffs. The result of great team working both online and offline provides safety, security and easiness in use as well as reliability to traders from all around the world. No worries about language barrier since they support completely in English, Italian, Chinese, German, Arabic, Russian, French, Portuguese, Spanish and Turkish. No worries about tradable instrument since they serve you opportunities of basic trades over 50 Forex currency pairs in the best possible manner.

This just proves again that following the trend yields a high profit . I used to check trends in indices and stocks as I considered the foreign exchange market unpredictable. However, that winner’s success proves that currencies as an underlying asset also show multiple steady trends.

If you trade following the trend, I advise you to deal with AnyOption. This top binary options broker provides convenient charts, and you don’t need any additional tools. Also, you can view four charts simultaneously. Besides, trading with AnyOption, you can try the strategy of reducing your risks as this is the only broker that refunds in case of a bad trade.

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The Double if you get near the expiry time and the direction you have invested in seems to be easy earnings on the internet fire, you have the ability to redo the investment by pressing "double up". You will get another trade with the same conditions at the current price obviously. You will double up your investment and double up your potential profits.

Redwood Options has a good live chat. It is not the fastest in the industry but it is there and if you wait 5-10 mins you will get the help you need. Over the years the service at Redwood Options have kept improving and you should experience a top notch service.

When it’s come to real trade, the first thing that any traders have to deal with is depositing. Like its motto, 4XP allows you to deposit in almost existent methods, including some rare one. You can deposit and withdraw through channel of PayPal, MoneyBookers, Credit Cards, Wire Transfers, e-banking and multitude of other options.