Citi Trader Offers Excellent Customer Service for Binary Trading

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

BDSwiss Reviews: Deposit, Demo & Binary Options Trading Info

IQ Option No. 1 Software

It is important for investors to closely scrutinize the various binary options brokers and invest only in those who are reliable and trustworthy. FinancesOnline.com helps you in this quest by reviewing the leading brokers in the industry from which you can make a shortlist for your trading needs. In this article, we detail the top features and tools offered by BDSwiss.

Our research tells us that BDSwiss is an innovative broker who offers the potential for great returns. It may take some time to learn to use their platform but after that it is smooth sailing. Plus, they present a range of trading options as well as high payout rates.

You can safely trust BDSwiss with your money because they are regulated by the CySec. In addition, they are based in Germany and also regulated in other European Union areas. For this reason, they are popular among both newbies and experienced traders. The company offers excellent customer support and resolves issues promptly. Plus, they have created a multi-functional yet easy-to-use trading platform that is sure to please professional traders.

Trading Info

BDSwiss reviews reveal that this broker is one of the recommended binary options brokers both for risk-averse small traders as well as high rollers who are not shy of investing hundreds of dollars on each trade. The minimum deposit is just $10 and the minimum trade amount is $5. You can open your account in USD, GBP, or EUR.

Returns for winning trades range between 65% to 85%. Even if you lose, all your money is not totally wiped out as you can get back 5% to 10% of your investment. Therefore, it is not a total loss if you finish out of the money.

Trading Options

You can trade in over 170 assets in categories such as commodities, indices, currency pairs, and stocks. This diverse asset range enables you trade in new markets and adopt flexible strategies to sustain the excitement. The ‘Assets’ section on the broker’s website provides the opening and closing hours for each asset type.

BDSwiss is a class above ordinary binary options brokers because they enable you to trade in exotic currency pairs such as USD/SGD, USD/BRL, USD/TRY, USD/ZAR, and USD/RUB. This gives you a chance to utilize a diverse trading portfolio and strategies. The best part is you are likely to enhance your chances of winning by trading in markets that are less competitive.

Tradable Assets

These include stocks, indices, currencies, and commodities. Stocks include: Rolls Royce, Citigroup, Apple, and Microsoft. Commodities include: gold, silver, platinum, wheat, oil, sugar, and coffee. Currency pairs include EUR/GBP, USD/RUB, USD/CAD and others. In addition, you can access indices such as NASDAQ, NIKKEI225 and others.

Trading Platform

BDSwiss has adopted the SpotOption trading platform which is noted for its intuitive layout, simple interface, and lightning fast trading. Plus, trading obstacles such as delays and slippage are minimized. The platform is easy to understand and use and for these reasons it is favored by many top brokers. As it is web-based you can trade directly with a web browser and you do not have to download any software.

Trading Contracts

BDSwiss offers six types of trading contracts:

Mobile Trading

BDSwiss offers mobile apps for Android and iOS devices to enable you to trade from anywhere, anytime. The mobile version of the platform is slightly different from the desktop version in terms of location of interface elements and screen size. Apart from these minor differences all other features are the same. The app gets automatic updates on the latest trends and prices in real time, so you can switch from the desktop to the mobile version for seamless trading.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Educational Materials

BDSwiss leaves no stone unturned in its bid to educate investors. Newbies and novices can consult their well-stocked educational center to learn all about the platform’s tools as well as successful trading strategies. Their website’s education section is regularly updated with useful information by their experts who also conduct webinars, market reviews, and other training sessions. If you want personal help, contact customer support for detailed assistance on any issue any time.

Security and Reliability

BDSwiss utilizes SSL encryption to protect traders’ data and confidential information. Plus, they only accept secure payment methods such as major credit cards and wire transfer. We did an internet search but could not find any major user complaints against this broker. In addition, they are definitely reliable because they are regulated by strict European supervisory organizations.

Bonuses

BDSwiss does not offer any set bonuses. However, to sustain investor interest they announce periodical bonuses and promotions that can be attractive. So, keep your eyes open and check their website regularly to learn the latest news about upcoming bonuses and promotions.

Account Types

There is only one standard type of account. You can open it by investing just $100. Therefore, BDSwiss is recommended for beginners as well as small traders. Invest small amounts and get the hang of the system before you plunge in with bigger sums.

Banking Info

You can deposit and withdraw safely by using secure methods such as credit card, Maestro, wire transfer, PaySafeCard and others. The minimum amount for both deposit and withdrawal is $/€100. You can withdraw using the same method you selected for deposit.

Customer Support

BDSwiss reviews confirm that the broker provides top notch customer support on a 24/7 basis through phone, live chat, and email. Their agents are well trained and professional, and dedicated to quickly resolve the queries of all clients.

Summary

On the pros side, we count the popular trading platform, multilingual customer support, low minimum deposit and trade amount, wide range of assets, regulation in multiple EU countries, high payout rates, excellent training, useful mobile apps, and refunds on losing trades. We were not able to spot any major drawback in their services except that they do not currently offer a mobile app for Windows phones. To sum up, BDSwiss offers handy tools and features, and we recommend it both for beginners as well as seasoned traders.

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Best Binary Options Software

Jay Hawk
Contributor, Benzinga

Are you a binary options trader looking for the best software platform for your trading strategy? Interested in hands-on research about binary options, binary trading software and the brokers who offer binary options trading?

Remember, not all binary options brokerages are created equal, so be sure to carefully consider your needs and the security the broker provides before you start trading or investing in binary options.

Table of contents [ Hide ]

Overview: Binary Options

Binary, or digital, options come in several varieties and are often the simplest financial derivatives to trade. Binary options can yield a fixed amount of cash or the price of an asset as a payout if the buyer’s market view turns out to be correct.

Binaries offer buyers limited downside risk or premium cost in return for a limited reward or payout. On the other hand, binary sellers have limited downside risk equal to the payout and limited upside risk equal to the premium received.

Binary options allow traders to speculate on a wide range of underlying assets, some of which include:

Similar to regular options, binaries which take a bullish or bearish view on the underlying market can be referred to as call or put binaries, respectively. These simple digital options are sometimes also referred to as up/down, high/low and above/below binaries.

Furthermore, one-touch, barrier or trigger binary options pay out when their barrier level trades in the market prior to expiration, while a no-touch binary gets canceled if its barrier level trades.

Other popular types of binary options are inside/outside range binaries. The inside range binary pays off if the market stays inside the specified range, while the outside range binary pays off if the market ends up outside the specified range. Range binaries can also be structured with trigger points.

As their name implies, binaries generally have two possible outcomes through expiration or cancellation. The outcome obtained depends on the underlying asset’s price at expiration or sometimes prior to expiration in the case of one-touch or no-touch binaries that can pay out when a pre-specified barrier level trades in the market.

In the simplest case, if an at-expiration binary option is in the money at expiration, then they provide a fixed payout to the holder. Alternatively, if they are out of the money at expiration, they typically return nothing.

What to Look for in a Great Binary Options Platform

The right trading software can make a substantial difference in your profitability as you deal with options, and binaries are no exception. In general, a great binary options trading platform will have the following features:

  • Supports fast and efficient execution in the types of binary options you want to trade.
  • You can compute the fair value of all the options you are interested in based on implied volatility.
  • You can compute the Greek risk management parameters of individual options and of your portfolio of options based on a particular underlying asset.
  • Displays individual option profit and loss profiles in a graphical format.
  • Shows price charts of the assets you want to trade and computes a variety of technical indicators, including historical volatility.
  • Lists the price, open interest and implied volatility for each option series or chain.

Most binary options brokers have a web-based platform so you can view a series of assets on and select tenors, strikes, triggers and types of binary options to trade in a specified amount. These platforms usually lack any significant analytical or risk management capability.

Furthermore, some brokers that do offer binary options, such as Binary.com, will let you use the exceptionally popular third-party MetaTrader 4 or 5 (MT4/5) software from MetaQuotes. This gives you the notable benefit of having all of the technical analysis, news feed, backtesting and programming capabilities and allows you to enter binary options trades with a supportive broker.

Red Flags to Consider Before You Open an Account

Although binary options are a bona fide and limited risk derivative financial product and are suitable for individual traders, the retail binary options market has, unfortunately, had its share of issues due to unregulated and disreputable brokers. This has led to restrictions on the availability of binary options in some jurisdictions, so traders should beware of scams which involve poorly regulated brokers.

As you select a binary options broker, watch out for some of these red flags that can signal a possible problem with a broker:

  • Claims or promises of high rewards
  • Many client complaints or bad reviews
  • Warnings about trade manipulation or irregularities
  • Clients have issues getting their funds back from the broker
  • Weak or unavailable customer support
  • Reports of dissatisfied customers

Our Top Picks

Benzinga has looked over the field of binary options brokers and selected a few reputable broker choices for traders who either plan on specializing in binary options or who want to execute binary options as well as other assets through an online broker.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

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