Binary option brokers accepting us clients
4 stars based on
This is very welcome news for a rather neglected market segment. Due to regulatory challenges there are currently only a few brokers willing to navigate the obstacles and offer their services to clients based in the US. So any additional competition in this area is a net positive for traders, even if they use another broker. But we wanted to know whether or not Raceoption actually stacks up to the competition, and if they are worth considering as an option for US based traders.
Proprietary Mobile Trading App: Over Underlying Assets. The Raceoption trading platform is a proprietary built in-house software which offers a smooth and intuitive trading experience for traders of all skill levels. The platform also includes a host of helpful features to make your trading experience a more pleasant, and hopefully more profitable one. We felt very comfortable trading on the platform during our day review period there, and experienced no major problems.
And in addition to the standard binary options contracts characteristics of binary options brokers that accept us clients by all brokers, Raceoption also offers a selection of leveraged CFDs, and Forex currency pairs to trade on.
The trading mechanism remains the same for all three contract types, however, so it is uncomplicated to switch between contract types. From the main trading screen seen above you will have access to special features like characteristics of binary options brokers that accept us clients weekly Raceoption characteristics of binary options brokers that accept us clients contest.
As well as the very popular copy trading feature which will be briefly covered below. The most popular feature of them all, however, is probably their copy trading feature which we mentioned above.
This can be especially useful for new traders to make a little money, while learning from the best about the ins and outs of what makes for a good trade. We played around with this feature quite a bit during our time there. It was largely responsible for the small amount of profit we ended up making characteristics of binary options brokers that accept us clients the end of our characteristics of binary options brokers that accept us clients Raceoption review period.
These are fairly standard offerings among binary options brokers these days. All together this made for a very pleasant trading experience during our time there.
It is clear to us that Raceoption offers one of the most competitive services among US binary options brokers. The Raceoption trading platform offers contracts for binary options, leveraged CFDs, and Forex currency pairs.
Between these three contract types they offer a total of over underlying assets on which to base your trades. This is great as it means that there is always trading action to be found. Any time of day or night, Monday through Sunday, days per year! Below you can see a breakdown of the various assets offered for each general category of asset. Not exactly getting rich here, but not bad considering we usually lose some money doing these reviews.
This is due to the wide variety of trades we make to get the best feel for a platform and all it has to offer. That makes it hard to follow any real strategy. You should always have an overall strategy for your own trading.
Do as we say, not as we do! Once we requested our withdrawal of funds an important testit was processed in about two hours. After that it took about a day to show up on our statement. This is a bit better than industry standard in our experience.
Our overall experience with the trading platform and customer service was quite good. We can definitely recommend this broker as a good choice to our fellow traders in the US and elsewhere. If you have any experiences of your own with this broker we would love to hear from you! Please feel free to leave a comment below with your own Raceoption review experienceor simply contact us and leave your experience so we can share it with others.
The only thing better than generating profits is generating fast profits. However, we will be touching on those other short expiry windows. It is entirely possible to earn hundreds or even thousands of dollars in a very short time if you do your homework and make wise trades.
On the flip side, fast trades can equal fast losses. When short expiry time periods first entered the marketplace second binary options trading was the only option. Today, most binary options brokers now include additional expiry times of 30, and even seconds. What each of these expiry times present you with is the opportunity to generate profits from short-term price movements. They also give you the chance to profit from multiple consecutive trades whenever the price of an asset is strongly trending.
Keep in mind that a large trade volume is quite easy to accomplish under such circumstances. Almost unavoidable for that matter. Asset prices do not remain the same for very long. There is a constant push and pull in the market. Constant buying and selling is always pushing asset prices in both directions at once.
For traditional market traders volatility can be quite frustrating. For the binary options trader it can be quite profitable. A long-term price trend can allow you to lock in a large number of profitable trades in a relatively short time. Essentially adding a multiplier to your profit margins.
Risk is always a part of trading though. No matter what it is you are trading. If you treat these instruments with the seriousness and respect that any financial product deserves then characteristics of binary options brokers that accept us clients should be fine.
You should treat these financial instruments with the respect they deserve. Do not treat them as some form of gambling mechanism if you want to profit. You WILL lose in the long-run if you treat it like a casino. I can promise you that much. This is an even more important skill than usual with extremely short-dated contracts like these.
When market conditions are not optimal for this trade type just avoid trading. Walk away and live to fight another day. Or possibly even just select a longer expiry window, one more suitable to current characteristics of binary options brokers that accept us clients conditions. There are many choices and combinations to choose from. One analysis session could point you in the direction of several profitable trades. Lets do an example of the above discussion. This allows you to profit from that movement multiple times in a short period.
When second binary options trading was first introduced they were an immediate hit. Traders were clearly able to see the benefits of being able to opt for much shorter expiry periods.
This is the best way to profit from short-term price movements but they can be hard to predict. Some traders exclusively use this trade type now. However most choose to mix things up with the trading of multiple contract types. There is no right or wrong though. Good luck to everyone in all your trading activities!
Whatever they are and wherever they are done! They have always enjoyed a great reputation among traders and industry watchers but a lot has changed recently.
Are they still competitive with other comparable brands in the industry? Late Accepts US Traders: Yes — But For Depositors Only. The 24Option trading platform is one of the most feature-rich platform of any binary options broker operating in the market. But in the case of 24Option we only rarely found it necessary, or even desirable to go off-site to use the more advanced, downloadable TOS charts and technical analysis tools.
That was certainly a pleasant change of pace, and makes for a noticeably more convenient trading experience. They also offer much higher potential returns. The payouts are similar to one-touch options as well. Instead of just second contracts 24Option gives you a choice between second, second, 2-minute and 5-minute contracts. The best of both worlds. Therefore smaller return rates will be offered on these. They can only be found at a small handful of brokers at this time.
Whether or not that changes going forward will depend on customer demand, how popular they get. This is a highly competitive industry.
As a general rule, the customers get what they want, or they go someone where they can get it. The future of these contract varieties depends on their success at their respective brokers. All told that makes seven different contract varieties just for the binary options side of things. Then of course they also have Forex and CFD trading available.
Certainly one characteristics of binary options brokers that accept us clients the most diverse brokers out there offering plenty to always keep you busy. They could possibly use some improvement in their underlying asset selection in our opinion, but it is still pretty good, and definitely has all the most popularly traded global assets. And they make up for any lack that may exist in that department with their great contract variety.