Forex Binary Options Broker Open for Trading

November 17, 2009
By Options Trading

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Forex Binary Options Broker

I had trouble finding a forex binary options broker online, but now I can trade binary options on most of the major forex cross rates I want, whether it’s Dollar/Euro, or Yen/Dollar, or Dollar/Pound. I am very pleased with the informative articles at the trading binary options as well. Trades are done with zero commission, zero spread.

Trading foreign currency is done either by automated systems or by highly capitalized institutions and super-hedge funds – both of whom aim to wipe out smaller players the way kids stomp on an ant-hill. Not so in the binary options arena where trade sizes are fixed and small.

Trade Binary Options on Any of the Following Forex Cross Rates
Here are the currently trading forex binary options at my broker:

Yen/Pound US Dollar/Canadian Dollar
Yen/US Dollar Euro/US Dollar
Yen/Euro US Dollar/Pound
Australian Dollar/US Dollar US Dollar/Swiss Franc

Any of the above forex option cross rates can be currently traded commission free.

Other Binary Options Trading – Stocks, Indices, and Foreign Stocks
Other securities on which binary options are presently trading include securities and indices such as:

BMW Nasdaq Index
DAX Index Microsoft
Volkswagon General Electric
Siemens Google

These stocks plus several other well known, highly liquid securities are trading on the binary options exchange every day. Nearly all the binary options have both an hourly expiry binary option or an end of day expiry binary option. Having the options turn over on such short durations makes for a really fast way to make money trading options. Given the way stocks have performed over the last decade plus is it any wonder people are drastically reducing their holding period risk? It’s plainly obvious to me. The way to trade in markets like these is to put yourself in a position to play both sides of the market – i.e. put and call or long and short. If you can’t play the put side of an option trade then you have significant exposure to market downturns…. again, do we need to go over the performance of the market of the last decade again? Good… I didn’t think so.

Binary Options Trading is Cheap!
It’s cheap and easy to open a binary options trading account. One broker charges no commissions on trades and it only takes a hundred bucks to open an account. Last I looked they were even offering a bonus of $100 on a $500 initial deposit. How cool is that when they give you a hundred bucks just for trading with them? From what I understand the bonus cash is still available and can be applicable to new *deposits* as well – not just new *accounts* – so keep your eyes peeled for opportunities like that. Trading with other people’s bonus money is a great way to get your feet wet and learn how to trade with a forex binary option broker.

Find a Forex Binary Option Broker Today
I hope you find great success trading binary options and or forex binary options. It’s quite a bit simpler than your standard options and the yields are still fantastic (60%-75% on the most liquid securities).

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4 Responses to “ Forex Binary Options Broker Open for Trading ”

  1. Gerald
    Gerald on December 15, 2009 at 7:25 pm

    greetings,

    Can you please tell me how to create this hedge, and can I lose money when unable to create it on occassions (you alluded to sometimes being unable to create the hedge in “epiphany”)??

    http://make300aday.com/286/a-mind-blowing-epiphany-in-day-trading-binary-options/

  2. Options Trading
    Steve on December 16, 2009 at 8:31 am

    This forex hedge is pretty tough to accomplish, I have to admit. The timing has to be just about perfect. On the other hand, read my recent post – “A mind blowing epiphany about day trading binary options” for a much easier winner.

    I will be revisiting the forex hedge before too long. Again – take the low hanging fruit first.

  3. Steve
    Steve on December 16, 2009 at 10:41 am

    I should add, in ‘epiphany’ you could make a put and call trade at the exact same time for the same price (leaving no window inbetween) and have a guaranteed win – hence the arbitrage situation. This applies to trades on money deposited where bonus cash was granted.

    Making the hedge play is leaving a window for EXTRA profit over and above the profit of the intial trade.

    This only works when the amount of the bonus cash % for deposits is greater than the loss % on a “one in the money, one out of the money” position you set up in the binary hedge with call and put positions (see september 2009 post).

    The sticky thing about bonus cash was that you have to trade with it to be able to withdraw it (prior to then it was restricted). ‘Epiphany’ teaches you how to overcome the trading restriction by making either actual real zero risk trades, or taking a small amount of ‘time risk’ to make a trade and hopefully create a Goldilocks position’ as described in binary with call and put hedge (september 2009).

  4. JaguarTrend Forex
    JaguarTrend Forex on December 17, 2009 at 9:39 am

    What a cool blog, thx for sharing this stuff.

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