Banc De Binary Closes

It looks like Banc De Binary has eventually closed after a steady stream of bad press and regulatory problems, compounded by fines. Although the still existent website now carries a warning the site’s blog has disappeared, but their registration page is still available, so we’re not exactly sure what’s going on there!.
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Binary Options Demo Accounts

Would you buy a new car without taking it for a test drive? For many people the answer will be a simple no. And for anyone thinking of taking up options trading, the way to ‘test drive’ a broker is to sign up for a binary options demo.
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Option Fair Welcome Bonus

If you are thinking of trading binary options for real money, then a bonus in your account may be a great way to get things started. Option Fair are currently offering a 20% bonus for new members who are looking for a reputable Binary Options Broker to sign up with.
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Binary Options Scams

The online binary options trading market is suffering a bit of a ‘reputation plague’ due to a number of unscrupulous operators runnning binary options scams. This should not put off anyone thinking of trading the markets, it should however make them cautious about which broker they sign up with.

The word ‘scam’ is used a lot, perhaps overused, as it is applied to any situation whereby a trader (usually new) is dissatisfied with the handling of their funds for example. Dependent on the individual case it may, or may not be a scam. So, what types of scam are out there?

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Trading At Banc De Binary

If you are new to binary trading you may have been wowed by reports of how easily you can make money from betting on options. You may also have read that the industry is a hornet’s nest of scammers waiting to sting your bank balance.

There’s a bit of truth in both of the above, although it must be noted that money can be lost just as easily as it is gained. When it comes to actually choosing a binary broker to register and trade with one of the most important elements to consider is ‘trust’. Forget about the bonuses on offer, they come with terms and conditions anyway which may be problematic when it comes to withdrawals.

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Zulutrade Binary Options Demo

Binary Options trading can be very fast paced. You can easily make big bucks very quickly, however, you can lose money just as quickly. If you look at the winners feeds on some brokers sites you will see five figure wins on 1 minute bets, but they don’t show you the losers, obviously…

So, unless you have a crystal ball, or are a certified trading genius you should probably start with a binary options demo trading account from Zulutrade. There are at least two reasons for this. Firstly, even if you know how to trade the forex, stock or commodities markets, different trading platforms have differing levels of functionality, so you need to know if your chosen platform has what you need, and whether you find the trading dashboard intuitive enough.

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