The Danish and Turkish Straits are critical to Europe’s crude oil and petroleum trade

The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 million barrels per day (b/d) in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply. Nearly 59 million b/d of global petroleum and other liquids production moved on maritime routes in 2015.

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China clamps down on buying spree in sports, movies and hotels

Bad news for sports teams, movie studios and hotels hoping for a big Chinese cash injection: Beijing is tightening the money spigot.

The post China clamps down on buying spree in sports, movies and hotels appeared first on NASDAQ.

The post China clamps down on buying spree in sports, movies and hotels appeared first on Forex news forex trade.

Referrals robot and signals forex binary option trade

Referrals robot and signals forex binary option trade $250.00 CPA 72 Countries


Robot $175.00 CPA Robot $175.00 CPA 151 Countries Robot $250.00 CPA 250 Countries Robot $250.00 CPA 72 Countries Robot $250.00 CPA Robot $250.00 CPA Robot $250.00 CPA 71 Countries Robot




What is Binary Options Auto Trading?
Binary Options auto trading involves using robots, EAs and software to trade on your account automatically. Unlike regular trading signals, which require you to manually place the trades yourself, auto traders can place trades automatically in your account for you.

The following page provides reviews of the top auto-trading software and binary options robots.



Are Binary Auto Traders All Scams?

There is no definitive answer to this question. The rapid growth of the binary options market has certainly promoted the “make money quick” side of marketing. Many clever marketers have taken advantage of this new space by heavily promoting auto-trader robots and signals that claim to guarantee success but actually lose traders money.

The reason I don’t think there’s a definitive answer to whether auto-trading software such as or are is because it depends on how you use these services as part of your strategy and to what extent you consider a win-rate of 60-70% a success.

For example, although most of these products claim to have guaranteed win-rates of 90%+ on their website, the majority of these auto-trading systems will be based on technical indicators and signals that realistically have a win-rate of 60-75%. This is no different to how professional Forex traders use technical indicators on their MT4 platform.

However, the difference is that professional traders will use these indicators as part of a holistic strategy (e.g. trend trading, scalping, channel trading etc) that takes into account market conditions, analysis and candlestick patterns.

If you’re completely relying on these signals alone to trade binary options then you’re unlikely to make much money in the long run. This is because technical indicators are highly prone to error in choppy market conditions.

Does that Mean I Will Make Money with Binary Options Auto Traders?

No. As mentioned, most of these binary auto traders rely on technical indicators with an average win-rate of 60-75%. In fact, many of the highly proclaims auto-traders actually lose the traders money, especially the ones backed by brokers or those with shorter time frames.

With that being said, some of the leading software providers such actually provide you with a trend expectancy of 60-80% (as shown in the image below). Therefore, if you choose an option with an 80% expectancy and we assume that the software is only around 75% accurate then you’re actually looking at a win-rate of 0.8×0.7 = 56%.  At this rate you’ll barely break-even, however you won’t necessarily lose money, therefore it’s up to you whether or not you consider this a scam.


Remember, if the software provides a “trend expectancy percentage” than you should take this into account when trading. If you start trading signals with an expectancy of less than 60% then of course you’ll lose money.

If the software provides a risk/money management feature then you should also take advantage of this to reduce your risks. Learn more about money management in our article here.

Be Wary of Software that is owned by Brokers

Some of the binary options robots are even backed by brokers now, where it is in their interest for you to lose money. Therefore, when choosing an auto-trader you need to be very careful to who actually owns and develops the software.

How do Binary Auto-Traders Make Money?

Although most binary auto trading software charges the user a fee of $50-$100 per month, you should also bear in mind that they earn a large commission by getting you to sign up to a broker. This is why many auto-trading software providers encourage you to sign up to multiple brokers and make a large initial deposit (the higher your deposit, the more that they earn).

What are the Advantages of Binary Options Auto Trading?

The main advantage of signing up to an auto-trader is that it will trade on your account automatically without you having to place traders yourself. This means you don’t miss any signal alerts, which technically means you’ll earn more money if the signals are profitable.

Auto trading software is binary options is also easy and quick for beginners to set up. There are no complicated MT4 charts, API software or indicators that you need to learn and download. In most cases you simply sign up an account and install a chrome extension or enter your broker details to complete the process.

Finally, most binary options trading products are sold using a payment provider called As a requirement, all products come with a 60-day money back guarantee. This means if you’re not satisfied with the product you bought then in many cases you can get a full refund (this doesn’t include any money deposited with a broker).

What are the Disadvantages of Auto Trading?

I’d argue there are more disadvantages than advantages to auto trading.

1. First of all, there is no way of verifying a system is successful before you sign up and pay for it. Unlike Forex, where EAs, auto-traders and signals can be verified on third-party tools such as and, no verification system exists in binary options.

2. Secondly, many binary options products actually lose traders money and publish false screenshots of winning trades on their website. In order to break-even with a winning payout of 85-90%, you need to trade 55%+ ITM (his doesn’t take into account the cost of the software). Therefore, you really need to see an average proven win-rate of 70%+ in order to make sure the software is worth it.

3. You lose control of trades on your account if you sign up to an auto-trading product. This is especially true if you leave it running overnight or on whilst your at work. This is why you need to be a lot more careful when choosing an auto-trading service as opposed to manual signals.

4. The interests of software providers are more aligned with brokers then with traders. Remember, even if you ask for a refund, the auto-trader owner will still make money from referral commissions if you deposited through a broker through their site. This shows that they don’t necessarily have to provide a great product to make money from traders. They make more money from brokers then the trader subscriptions themselves.

5. Most binary options software providers will be affiliated with brokers and will give you registration details to them. This means as soon as you sign up, you’ll likely receive spam emails from brokers encourage you to buy their software or open an account with a broker.

6. You’ll be culpable to any trading software that you download on your computer. Remember, none of these extensions or plugins that auto-trading websites provide are official. If something goes wrong or causes an error on your system hen you won’t be able to

So which is Better and what do I use?  Binary options robot, Auto-Trading Services or Signal Providers?

Personally, I think manual signals and auto-trading services that allow you to place trades manually are the best decision. This ensures you can verify and practice with the software to see what works best, as opposed to blindly relying on the software to trade for you.

With that all said, if you’re serious about making money in binary options then you’re better off developing your own strategies and systems and learning how to trade successfully in our binary options strategies course.

If you enjoyed reading about binary options auto signals you may like to learn more about binary brokers.

Binary Option Affiliate Marketing

Binary Option Affiliate Marketing

New to Binary affiliate programs? Here’s everything you need to know to get started.

So you’ve heard a few things about Binary Options. Some good, some not so good, and some just downright confusing.  You may not even be sure what these are let alone how to become an affiliate or start promoting this instrument.

Good news. This article is going to solve all these questions for you and maybe a couple you didn’t know to ask. It’s going to provide a definition with some easy to understand examples, you will see how and why you should be promoting binary option trading, how to sign up to an affiliate program and you’ll even see some examples of the earning potential these programs offer.

What are Binary Options

Binary Options are a simple financial instrument which allows anyone to trade price fluctuations in markets throughout the world – without having to own anything.

It’s easier to think of these options as a cross between the more technical financial market trading and simple gambling. You basically pick the market you are interested in, for example: NASDAQ share market or EUR/USD foreign exchange pair, decide whether you think the price will go up or down over a certain period of time and then purchase the corresponding Binary Option.


As these Binary Option markets have grown, platforms/brokers have started to offer different types of Binary Options.

The traditional method – outlined above, is what’s known as a ‘High-Low Binary Option’ and is the one we will focus on today.

Others you might come across include: ‘One-Touch Binary Options’ (where the price just has to touch a certain point during your specified time) and a ‘Range Binary Option’ (which allows traders to select a high and low to determine a range the price will fluctuate between during the course of their Option’s time frame.)

It will depend on the specific broker as to what types of Binary Options are offered so you will just need to do a little research to make sure the type you want is offered when considering a broker.

Typically, when you buy a Binary Option, you have to hold it until it finishes (or is ‘executed.’) Again, this can vary between brokers and some may allow you to exit the trade before the Option is executed but there will generally be a lower pay out or a fee associated with this action.  You need to read the terms and conditions for each broker to find out their exact processes.


We’ll just take a second here to advise that the Binary Option market has some big differences between the US and the rest of the world.

The most important thing to note is that most foreign binary option brokers are not legally allowed to sell to residents of the U.S. unless they have been registered and regulated with the Securities Exchange Commission (SEC) or Commodities Futures Trading Commission (CFTC.)

This just means that if you are considering the idea of becoming an affiliate for a Binary Options brokerage, you need to identify where your target audience lives and thus what Binary Option brokers are appropriate for you to promote.

If you will be targeting people living in the U.S. you might want to check out some Binary Option platforms that are operating there.

A trading example

A more thorough example of a traditional High-Low Binary Option trade including some technical terms is explained below:

Earlier I mentioned that you could think of the Binary Option as something between a straight up gamble and a fully blown financial market activity like buying shares or trading foreign exchange.

This is because Binary Options use the financial world markets as a base to calculate the ‘win’ or ‘lose’ scenario for the option.  It’s like you are gambling on the price change, however, because it’s based on real world actions (and not just a dice roll or flip of a card) anyone trading Binary Options will feel more in control as they can make decisions based on research.

Binary Options are also known as ‘All-or-Nothing Options’ or ‘Fixed-Price Options.’ This is because there are only two outcomes to your Binary Option contract – you win or you lose.  And both outcomes have pre-determined numbers.

Let’s say you’ve been researching about Company X. You’ve looked at their financials, read about their Board and seen some positive articles in the news lately.  You decide that you quite like this company and feel it’s going to increase in value.  One method for investing based on this research is to buy a Binary Option.  You might purchase one stating that the share price of Company X will be above $12.54 at 3:15pm on a particular day.

You pay $100 for your Binary Option and it has a pre-agreed payout of 65%.  That means that when the option is executed (or completed) – which will be at 3:15pm on the particular day you chose when purchasing it – you will either be right or wrong with your investment.

The share price will be above $12.54 as you thought, or it will be lower.

If you were right and the price was higher at the specified time, you ‘win’ (or your option has finished ‘in-the-money’) and you receive $165 back.

If you lose (finish ‘out-of-the-money) then you receive $0 back.

No matter where the price ends up when the Option is executed, you cannot ‘win’ more or less than $65 and you cannot ‘lose’ more or less than $100. Your risk and return is fixed from the outset.

Pro’s and Con’s of trading Binary Options

The simple nature of Binary Options means it’s a great instrument to allow people to be involved in the financial world without needing to have complete understanding of how the sharemarket works or how to buy and sell foreign exchange.  It’s also more interesting than simply gambling as the results are based on real world contracts and activities, giving investors more control in the outcomes.

There are no liquidity concerns, as you are not purchasing any underlying assets and platforms/brokers can create any number of different options which provides plenty of variance for traders to choose from.  This also means that traders can buy Binary Options based on any asset class around the world – giving them exposure to any product desired.

The fixed price aspect of these options provides a safety net in a sense that you cannot lose more than the option cost.  You cannot become liable for any further losses no matter how ‘wrong’ or how ‘out-of-the-money’ you were when the Binary Option was executed. On the flip side, your return or ‘win’ is also set to the predetermined amount. This means when trading Binary Options it’s easy to consider the risk-reward scenarios as you already know your exact two outcomes before any purchase is made.

The downside of these Binary Options are that unlike traditional options, the holder does not have any right to purchase or sell the underlying asset.  This means in the example above, your investment is simply mirroring the changes in the share price of Company X – at no time do you own any shares or have the option of owning any shares from your Binary Option.


Trading in binary options is highly speculative, involves an outstanding risk of loss and is not suitable for everyone but only for those investors who: (a) understand and are willing to assume the economic, legal and other risks involved; (b) are financially able to assume the loss of their total investment; and (c) have the knowledge to understand binary options trading and the underlying assets.

How do Binary Option affiliate programs work?

Now that you know what Binary Options are and how they work, we need to learn how to sign up to act as an affiliate and how to promote Binary Option trading to your audience.


This is the easy part.  All you need to do is browse through the available affiliate programs and compare them to find the best one for you – services differ in terms of commission rates, customer service and support in creating adverts and content.

Once you know who you want to sign up for (and it may be more than one depending on your personal situation) you can simply click on their sign-up link, fill in your details to create an account and begin advertising your affiliate link to your audience.

This is where it can get a little trickier and where some of you may prefer the programs with more customer service and support over higher commission.

How do you promote Binary Option trading to your audience

Now that you’ve signed up to an affiliate program and have your very own affiliate link you need to consider how to promote this to your audience to get the best results.

You might have a website with a certain number of visitors each month, a dedicated email list or maybe even a growing Facebook page or twitter account. There are many forms that your lists can take these days but no matter what platform you use, it’s important to tailor your adverts to your specific audience.

Generally there are three types of traffic interested in Binary Options trading; Traders, Gamblers and those who want to ‘make money online.’ Each of them have different ‘needs’ in terms of what they are looking for online and what type of advert or content will convert them into a user and earn you that commission.

Gamblers are more likely to be after a thrill or a quick, simple way to get started.  They may be attracted by the flashing banners or an interesting sign up bonus (as an affiliate member, your program partner may offer you some exclusive sign up bonuses you can promote.)  Make sure you don’t bore them with in-depth technical terms or even too much detail on what Binary Options are.

The other group not too interested in technical terms are those who fall into the category of ‘wanting to make money online.’  These people don’t want a lot of jargon or big financial phrases in the explanations but they will require more nurturing than the gamblers. Adverts targeting this group need to throughly explain the process and the risk/reward presented by Binary Options trading in layman terms and probably walk them through various examples.

Traders are the final group likely to be interested in Binary Options and are probably the most ‘financially’ educated audience.  You can make use of more technical terms in explanations and adverts containing more information, in-depth reviews or comparisons are likely to be more effective in achieving a conversion.

Now that we know there are different platforms your audience is connected on AND that your audience might fall into different categories of traffic based on their needs, we need to think about the most effective way of delivering your affiliate link to them. Here’s a few ideas to get you started:

  • Banners – this is probably the most common method of promoting your affiliate link and simply means placing a banner on your website or within an email.  This will just look like another advert except your payoff is potentially a lot higher. This is also the easiest as most affiliate programs will already have a supply of pre-built banners you can simply add to your webpage. Likely to be more effective with the gambling traffic type.
  • Discussion – if your audience is built around reviewing financial products, or ways to make money online then it could be as easy as doing a write up about Binary Option trading. You can even use the information in this article to help explain it if you need. With this method you’re simply telling your audience about Binary Option trading and then recommending your chosen partner and sending your audience to their page through your affiliate link which is inserted into your article.  If you’ve used simple terms in your explanation then this might be the best method to target those who ‘want to make money online.’
  • Reviews/Comparisons – this is a slightly more in-depth method and may involve building a new website or adding pages to an existing one.  If you’re targeting an email list, Facebook page or twitter account then perhaps it will be in the form of a blog post series. This strategy really starts to pay off if you’ve joined multiple affiliate programs. As you review and compare each program, just insert your your affiliate link at the bottom of each write-up and then no matter who your readers choose to go with, you should be rewarded with a commission.  The other benefit of this strategy is that you are providing education about this relatively new concept and beginning to set yourself up as an expert in the Binary Options trading arena – meaning more traffic and more commissions.

Why Promote Binary Option brokers?

The world of Binary Options trading is exciting. Once you’ve explained to someone how it works, and they realize the simplicity and speed with which they can get started and begin earning profits, conversions can be a lot easier than through other affiliate products.

The Binary Options market has experienced incredible growth since 2008 when the US Securities and Exchange Commission (SEC) ruled that Binary Options no longer had to be traded on an exchange and the advent of online trading kicked-off.

Since then, growth has been exponential and experienced a serious increase of interest after 2012 when some jurisdictions reclassified Binary Options trading from a gambling product into a financial instrument.

Even if we just look at the Nadex, which is a regulated US exchange for Binary Options, we can see that in the last year, when comparing the second quarter (Q2) of 2016 with Q2 2015, the volume and total number of trades is up nearly 40%. ‘The growth in trading volume reflects continued mainstream enthusiasm for exchange-traded binary options and spreads’.

As the Binary Options trading market matures and becomes more regulated, growth will continue. If you can establish yourself as a respected source of information, comparisons, reviews or discussion to your network now, then there is great future potential for your business.

There are numerous benefits of becoming an affiliate and promoting Binary Options trading to your audience. These are some of the reasons why you will achieve great responses to your promotions and high conversions:

  • Simple processes – from opening an account to doing your first trade, operating in the Binary Options market is very simple. Accounts can be set up in minutes online and the individual brokers you are promoting generally have great customer support which assists with conversion of your audience.
  • Education material – most brokers offer free education materials and demo accounts.  This is a great lead in for your audience, especially if they are unsure and want to learn more about the market.  Whilst it’s very simple to understand and get started, there is also a lot of education available to enhance their chances of becoming a successful trader.
  • Scale of Complexity – this market appeals to a wide range of groups because traders can be as involved as they want.  If they are more of a ‘gambling’ type then they can get started immediately and place their trades. However, for those that like to feel more in control and make ‘calculated decisions’ there is a lot of education they can undertake in order to learn principles about the financial markets or a specific commodity they intend to trade on. This in turn builds confidence and excites them about the prospect of trading through Binary Options.
  • Competition – as the market grows it becomes more competitive and brokers offer all sorts of promotions to attract new clients. The more offers there are, the more likely your reader will sign up to trade with one of your affiliate brokers.
  • Trading System – low trade size (low minimum deposits and trade values), high returns (up to 90%), limited risk (your potential loss is known and set at the beginning of a trade), and short term trade periods (from 60 seconds) all work to create a trading product that is very appealing to a wide range of different people.

Types of commissions

There are multiple different ways for you to earn a revenue as an affiliate of these brokerage firms. You will need to decide what type of revenue suits your needs best and then compare what methods are offered by each broker.

  • CPA (Cost per Acquisition) – you will be paid a certain amount for every new client that signs up with the brokerage firm after using your link. The revenue really does vary between firms but you may commonly see $200 – $400 per acquisition. One important thing to find out is how your reader will be tracked (how the ‘cookie’ is treated) – which means if someone uses your link but ends up signing up a few weeks later do you still get paid?  Some firms offer ‘forever cookies’ meaning that at any time in the future if that person signs up you receive your commission.
  • CPL (Cost per Lead) – similar to CPA, cost per lead pays a set amount per lead provided to the firm. This typically generates a smaller fee of around $10-$40 per lead, however not many programs offer this type of commission structure.
  • Revenue Share – this deal rewards you for every trade the investor makes with that brokerage in the future.  The rate is usually around 35%-40% and is either based on new deposits or net revenue generated by the investor.
  • Hybrid – this is a mix of the CPA or CPL and Revenue Share options.  Generally you will receive a smaller lump sum payment for each acquisition and a lower percentage return for the revenue share.  This may be something like $150 per CPA and 20% revenue share.

How much is possible to earn?

It’s very hard to estimate how much you could earn because of all the varying factors – how big your audience is, how successful your promotions are, which affiliate program you join and what commission structure you choose.

For arguments sake, lets say you have 10,000 site visitors per month and convert 0.1% of them into a customer for your chosen affiliate program which pays you $300 CPA. This means that every month, you are converting 10 people into traders for your brokerage firm and are receiving commissions of 10*$300 = $3,000.

It gets harder to predict potential income under revenue share or hybrid commission structures but have a play around with this equation based on your own audience size, conversion rate and commission details. You might be quite surprised.

What to consider when choosing a Binary Options affiliate program?

Congratulations on making it this far. Now that you have a solid understanding of what Binary Options actually are and how the various affiliate programs work, it’s time to drill down and identify the right program(s) for you.

You can visit our list of trusted affiliate brokers to compare them against your new-found knowledge.

Remember that the key points to look out for are:

  • Location – whether the program is legally allowed to offer services to clients in the US if that’s where your audience is.
  • Reviews – read as much about each broker as possible to make sure you have an understanding of how they work and what their track record is.
  • Support and Customer Service – how easy is it to work with each firm and what level of service do they provide to the clients you send their way.
  • And finally, commission – what payment structures are offered and what are the rates. How does this compare to what you need?

If you go in open-minded and remember to research each broker using the points we’ve covered here, you should come out feeling very confident as an affiliate partner for a trusted Binary Options brokerage, and ready to start converting your hard-earned audience into real dollar returns.

Binary options affiliate programs

Longest client retention, highest LTV  
UP TO $400 CPA
60% from First +20% from Next Deposits!
Lifetime Revenue share!
 All countries are accepted, including US, CA, AU and JP
 Best for russian speaking traffic (CIS countries)  


TOP 30 affiliate IQoptiom

IQoption Review

IQ Option is operated by IQ Option Europe LTD, registration Number HE327751 and located in Silver House Business Centre, 19 Spyros Kyprianou Avenue, 3070 Limassol, Cyprus and regulated by CySEC, license number 247/14. The address for the company office is at Yiannis Nicolaides Business Center, Agiou Athanasiou Avenue 33, 4102, Agios Athanasios, Limassol, Cyprus. Support is available on telephone number, for UK dial +44 20 8068 0760. See for more support numbers worldwide.


Is IQ Option a Scam?

IQ Option haven’t raised any Scam suspicions so far. In fact it’s a transparent brokerage, operated by IQ Option Europe Ltd., a company regulated by the Cyprus Securities and Exchange Commission (CySEC), under License number 247/14. The company who operates the website is also easily found in their “Contact Us” section so I guess there’s no reason to be worried.

In addition, the broker has maintained a relatively high and stable stream of traffic to their domains: and This means that the traders are satisfied and the company is healthy with a good reputation.

*General Risk Warning: The financial services products offered by the company provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.

Editor’s Note – Why IQ Option Doesn’t Suck in 50 Words
Finally, after what seems like ages, I find a brokerage that doesn’t look like a carbon copy of every other broker on the market. IQ Option is trying to do something different starting with the website layout, the education and of course the innovative, highly functional, trading platform. They also offer a free Demo and I mean really free, without any of the shenanigans like “Deposit 100 bucks in a real account and we will give you a free demo”. I opened the Demo in about 15 seconds.

Why Does IQ Option Suck in 50 Words
I am sorry to say but their expiration times are too limited and I believe this is one of the main issues I have with this broker. Expiry is pretty dynamic, but all purchased options expire by the end of the day at most, so long term traders will feel left out. However, that being said, this is one of the better platforms for short term intra-day traders. Other reasons it may suck is a relatively short asset list and the fact they only have call/put (high/low) style options.

Should I Open an Account with IQ Option?
Right from the start I can see I am not dealing with the usual Binary Options website that shows me a glamorous girl, a limousine or stacks of money. The first thing you will notice is that the home page is free of cheap marketing tactics and instead show me 3D chart which moves continuously. To be honest that makes me feel like I’ve accessed a trading venue, not an online casino like a lot of the other brokers on the market.

IQ Option entered the marketplace in 2013 and since then they’ve done a great job at differentiating themselves from other brokers. First of all, their platform is proprietary, you won’t find it anywhere else. The biggest advantage is the charts, where Japanese candlestick charts and a a list of many technical indicators like Moving Averages, Bollinger Bands, MACD, RSI, Stochastic an 7 others can be used. This is a big thumbs up because as we know, usually binary options brokers severely suck when it comes to charting and additional technical tools.

Something that many traders will be happy about is IQ Option’s low minimum deposit of just 10 US Dollars, and of course the free Demo account that is really free. Registration is easy and you can start trading immediately on Demo – for a real account, your IDs need to be verified as is the case with all CySEC brokers. Traders who want to feel “special” have the option to open a VIP account for as little as $1,000 and they actually get VIP treatment: up to 60% return in the case of OTM trades.

The asset list is OK but not as full as other platforms, there are 79. Only two commodities are present, gold and silver, there are 21 indices, EU and US, but the forex is really good, 24 of the top pairs. Expiry is especially great for short term traders who like to trade 1 minute up to 60 minutes. It’s obvious that the focus of IQ Option is short term traders so if you intend to trade long term options you will be disappointed. Because longer term expiry is not yet available. Options are limited to high/low, there are no range, boundary or one touch.

IQ Option Complaints
We found a list of complaining clients on and the complaints are increasing gradually. Most users complain regarding return percentage changes during volatile markets, some complaint about platform freeze or expiry strike being different then the market price. We also found many complaints regarding withdrawals and blocked accounts and untrue quotes. Some people compared the IQ Option charts to MetaTrader but if you look carefully, they failed to notice that the IQ Option charts and MetaTrader where not using the same time interval (in some cases). On the other hand, we also found many satisfied people claiming they had no issues with their withdrawals. In regards to price delays and price issues, you may feel relieved to hear that CySec recently withdrew a fine that was issued for “not executing orders the best possible way for their clients”. This means that their platform is working in accordance with CySec rules and not cheating the clients. Finally, there are complaints regarding customer service, however, users must understand that IQ Option has limited live customer service.

In conclusion, their minimum deposit is only 10$ and there seems to be a good number of satisfied traders using this broker with no issues and knowing that CySec took back their fine regarding the executions on their platforms is another very good sign!

IQ Option Regulatory Announcements and Warnings
30.9.2016: CySec fined IQOption for various reasons that were not in accordance with the regulator’s terms. One of which included a fine for “non-compliance with section 38 of the law” which is about order execution was recently (Jan 2017) revoked by CySec once IQOption managed to prove they were acting properly.

IQ Option Bonus
Bonus is no longer available at IQOption in compliance with the new CySEC regulations.

IQ Option Withdrawal
There is no minimum withdrawal amount but the minimum deposit is $10. A transaction will be processed in 24 hours. The money must go to the same source they originated in order to prevent money laundering. Also, before being able to withdraw, clients have to provide identification documents, which is another practice required by anti-money-laundering rules. Further, withdrawals can be made by just about any eWallet on the internet which gives the fastest payouts, within hours of processing unlike CC or wires which could take another 7-10 days.

IQ Option Extras
Candlestick charts are considered an extra for binary options brokers even in this day and age. It makes me almost sad to say it, but it’s a fact so they get bonus points for it. Their innovative platform can also be considered an extra feature as are the many tournaments for trading that they offer.

IQ Option Ratings
User Friendly 18/20

The website is available in thirteen languages and that is above average but the platform can be a bit hard to get used to, especially for a new trader; however, I don’t think this will be a big problem because it’s pretty intuitive. Everything else on the website is well structured and easy to find. US traders are not accepted. Check the terms and conditions for the full list of countries that are not accepted such as: Australia, Canada and Belgium.

Number of assets and expiry times 15/20

They offer 32 stocks, 24 currency pairs, 2 commodities and 21 indices, which is too few for a broker who wants to become a leader. The expiry times are limited to “Turbo options” (60 sec, 120 sec) and short term (3 min, 5 min, 15 min, 30 min, hourly) with the longest being end of day.

Commissions, Support and Effective return 17/20

There are no commissions to use this broker, standard for the industry. There is however a dormant account fee after being inactive for 90 days in a row but the it’s only an annual fee of 50€ but it won’t be higher than your account balance. Support is little iffy, there’s no Live chat, only phone or email which isn’t a problem once you open an account. The effective return for successful trade goes up to 91% which is one of the highest in the industry, and they also have a OTM refund that can be pretty substantial for VIP traders.

Deposit, Payment and Bonus 18/20

The minimum deposit is $10 for a Real account and $300 VIP account. Deposits can be made via credit cards, wire transfers and e-wallets including WebMoney, Skrill and Neteller. Withdrawals can be made through the same methods. Bonus is not longer available due to CySEC new regulations. Withdrawals are processed within 24 hours.

Extras 13/20

As I mentioned before, their platform is an extra on its own because it is unique. Just a basic form of technical analysis can be conducted but it’s still much better than what others have to offer and there are 12 of the most popular indicators to use as well. The tournaments are another nice extra as they allow for lots of extra income, for the best traders of course. Lacking some features most major platforms includes.

OlympTrade Review

OlympTrade is owned by Frandom Holding Ltd and Smartex International Ltd. The latter, Smartex, is registered at the that is said to function as a complaint resolution authority for unregulated forex and binary options brokers. Smartex registered Address is: 103 Sham Peng Tong Plaza, Victoria, Mahe, Seychelles. The phone number is: +357 25030996. Olymp Trade is mainly focused to offer Binary Options in Russia. The company is also registered at FMRRC which stands for ‘Financial Market Relation Regulation Center’. It is a non-commercial organization created for the purpose of regulating brokers. Basically, a broker pays to become a member and to receive a certificate. According to FMRRC’s own website, the role is to “provide traders with maximum security of their transactions in financial markets.”

Is OlympTrade a Scam?
Recently, in 2016, Olymp Trade also became accepted as a new member to the FinaCom (Financial Commission). Just like FMRRC, the FinaCom’s role is: “the services of the Financial Commission is to provide its customers with a neutral 3rd party mediator to help resolve complaints in cases of disputes where customers are unable to come to an agreement with their broker.”

The remaining question is whether these two websites and third party “regulators” can really provide Olymp Trade’s clients with a safety similar to what CySEC can provide?
According to an Olymp Trade representative in our forums, they have also applied for a CySEC regulation regulation but we’ve seen that ploy before. Another source, Financemagnates, writes: “Acting on the principles of Dispute Resolution Organization (DRO), the Financial Commission tries to guarantee traders protection (e.g. offering a compensation fund of $10,000 per case”. I am not certain what “tries to guarantee” means but a compensation fund does sound comforting if true.

Editor’s Note – Why Doesn’t Olymp Trade Suck in 50 Words
Olymp Trade doesn’t suck because after registration, you will immediately gain access to a free 10,000$ demo account. Furthermore, the company is a member of the Financial Commission (FinaCOM PLC). This is a third party and a neutral authority which is there to resolve complaints made by traders.

Why Does Olymp Trade Suck in 50 Words
One of the downsides is the very limited assets list. There are only 13 tradeable assets and only two categories of them; currencies and commodities. The second reason why I am a bit skeptical is regarding their regulation. The FinaCOM seems to have been around for a couple of years but I am not sure whether they are as effective as CySEC or not. Another reason for concern is the FMRCC regulation, a non-official source of oversight based in Russia. Time will tell.

Should I Open an Account with Olymp Trade?
Moving on to the unique and proprietary Olymp Trade platform. Once inside, you may to switch between demo and the real account. The demo account is set to 10,000$ and the minimum trade size is only 1$. Yes, that means you can do 10,000 trades for practicing purposes before you run out of virtual cash. The best part is all the tools, indicators and the advanced charts the platform offers. If it’s not enough, you can select the technical tab and it will open yet another chart with even more tools. Basically, it’s just like a light and mini version of MetaTrader 4.
Execution is fast and to make it even faster you can switch to One Click trading at any time so you don’t have to confirm trades before execution. Furthermore, VIP members will benefit from a 90% payout which in relation to many other brokers is well above average. To become VIP, you “only” need to deposit $2000.

In conclusion, the efforts are good. The platform is well-designed, the education center comes in many languages and the 10$ minimum deposit together with a free no-deposit demo is a very welcoming gesture. There are bonuses for first time depositors and the bonus policy is not aggressive. You can choose not to accept a bonus at signup. Read more about Olymp Trade bonuses further below. My only concern is whether the Financial Commission and the FMRRC can really do a job that equals them to a regulator and that remains to be seen, I am skeptical. If you have any experience trading with Olymp Trade, join our forum discussion and share your information.

Olymp Trade Complaints
This broker is very new and due to their clients mainly being from Russia, it’s difficult to find English complaints. I did however find a website ( with Russian comments and translated as many comments as I found. Unfortunately, most of them seemed to be regarding binary options in general and coming from people who had only tried the gambling approach. Some comments were positive about Olymp Trade, regarding the benefits of the technical tools on the platforms and withdrawals not being troublesome.

A few complaints were regarding price differences where a client claimed he had executed trades on two different PC’s at the same time with different results and the other claimed the demo prices were different than the real account (not sure how you can manually execute two trades at the exact same time unless you are using a software, this was not mentioned in the comment). Therefore, I’m not sure whether those claims are true or not but some delays and price differences are typical with all brokers (as other commentators also pointed out in the comments).

Olymp Trade Ratings
User Friendliness 17/20
The website is user-friendly thanks to the inside platform interface guide that explains each section of the platform. The FAQ section includes answers to many questions that a client may have and the “about company” page explains Olymp Trade’s goals and everything you need to know about them. Thanks to the instant access to the free demo account after registration, practicing is not a problem for the beginner. Finally, the education section is not restricted and comes in 10 different languages.

No. of Assets and Expiry time 8/20

The number of assets are only 13 of which 10 are currencies and the remaining are commodities.
Interestingly, you can type your own expiry times in the Olymp Trade platform. However, you may not enter a value below 1 minute and not above 180 minutes. You cannot enter half minutes either. There are no other types of options other than the high and low but OTC trading is available, even during holidays.

Commissions, Support and Effective Return 17/20
The returns are at 80% during market hours and with a deposit of 2000$ you can increase the payouts to 90% which is very high in relation to many other brokers. There are no commissions at Olymp Trade. A live chat is available and the email support promises a response within one business day.

Deposit, Payment and Bonus 17/20
The minimum deposit is only 10$ and the VIP account only requires 2000$ and is considered to be fairly small in relation to other broker’s VIP accounts. Bonuses depend on how much you deposit but a 100$ depositor gains 100 in bonus. You are required to turnover 25 times the bonus volume before you can withdraw the bonus, your own funds can be withdrawn prior to reaching the turnover but it will also cancel the bonus.

Website Extra’s 15/20
The unique Olymp Trade platform offers many tools. There are candlestick charts offering several time frames and indicators to choose from. To name a few, there is RSI, MACD, SMA and Stochastic Oscillator. Clicking “technical analysis” will give you access to a fully functional candlestick chart where you can draw lines, change time frames and use a larger variety of tools and indicators! One click trading is also available and the platform can be switched from Live to Demo with a couple of clicks.

Automated Trading – Binary Options

To succeed in binary options trading, a trader should have the right combination of investment, time, and effort. If a trader lacks in any of the aforementioned requirements, then generating revenue from binary options trading would only remain a mere ambition, rather than an achievable reality. Fortunately, the advent of technology and the availability of exceptional traders with programming skills has allowed the evolution and development of automated trading software, or “Binary Options Robots” – as they are more commonly known.

A good Binary Options Robot will perform the complex task of identifying trading opportunities, determining the investment amount, and placing orders – all based on simple settings via an user-friendly interface. We’ve explored the world of automated binary trading to review and recommend those robots with exceptional performance, where you can safely trade, and (hopefully!) generate consistent profit as a binary options investor.

Principle Behind a Binary Trading Robot

In simplest terms, a binary trading robot replaces a human being in making decisions related to trading. A “Robot” is merely the name given to a software program which performs a trade (buy or sell) when a number of user-defined conditions are met. The number of conditions can theoretically range from one to infinity. Correspondingly, depending on the complexity, the software may consist of a few lines to several hundred lines of coding.

When the conditions pertaining to a buy or sell trade are met, the robot triggers the corresponding order through the website of a connected binary broker. The order is then placed after considering restrictions, if any, put forth by the trader. The restrictions may include, but not limited to; expiry time, the maximum amount that can be invested in a trade, total number of trades that can be simultaneously placed, which assets are to be traded or discarded, etc.

Choosing a Binary Trading Robot

It’s natural to feel overwhelmed by the many robots offered as numerous websites now offer automated trading. However, automated trading is not actually easy. It takes several months to build a robot which can generate consistent returns, and there are numerous variable to consider. For example, a robot that performs exceptionally in a bull market, may start losing in a bear market and vice-versa. Therefore, it crucial that you use a robot that was adequately back and forward tested in numerous scenarios. Back Testing is the process of testing the program based on past historical data, while Forward Testing or paper trading is the process of validating the trading logic in a live market without the actual use of money at an integrated broker.

TradersAsset Tip – Ensure that the binary option robot you are considering using has existed for a reasonable period of time. This means that the robot has withstood the test of time. BinaryOptionsRobot (our top choice above), is a classic example of this.

How to Trade Using a Robot

Once a funded real account is opened with a binary broker through any of the reputed and popular automated binary option robots related websites discussed above, a trader should arrive at the optimum settings in the following manner.

Pick the asset you wish to trade.
Pick a suitable indicator. Always remember that MACD will indicate both momentum and trend. CCI (Commodity Channel Index) is used for trading commodities. RSI, Stochastic and Williams%R are momentum oscillators. So, as you can understand, there is no point in selecting RSI and stochastic. Either you have to select MACD and RSI or MACD and stochastic indicator. Similarly, in the case of commodities, CCI and MACD or CCI and RSI will match very well.
Try placing smallest possible trades using a combination of indicator(s) and the strategy. Begin with a conservative classic strategy. Avoid martingale. In a volatile market, a trader with martingale strategy is likely to lose his entire investment in no time.
Allow the robot to trade using different sessions (Asian, European, and US session). Validate the results. Change the indicator and/or strategy and test again using the smallest possible amount. Concentrate on one or two assets at a time. Once you start getting highly consistent results, note the indicator, strategy and trading session.
Increase the volume slowly. Once the robot starts accumulating profits, add few more assets and follow the same procedure discussed above to arrive at the best possible indicator/strategy combination.
Build volume and withdraw profits regularly.
The undeniable advantage of automated trading is that a robot is not prone to emotion. When volatility increases, even the most seasoned trader can make mistakes. Another benefit to robot trading is the absence of fatigue. As time passes, human beings can lose concentration due to a dip in energy levels – again resulting in an increased likelihood of making costly mistakes.

As outlined above, if you prepare, test and pre-define settings correctly, a trader can profitably entrust the job of binary trading to a robot.

Finpari Review

Finpari is an exciting binary options broker that was founded in 2014. They are proving themselves to be a force to be reckoned with in this competitive space. We’ve narrowed the reasons for their success down to using a proven platform, offering multiple banking options/quick withdrawals, but mainly – their diligent approach to looking after their customers. They seem to truly value and work with their traders to ensure your trading experience is second to none.

The company was founded by a group of individuals from the financial markets. This is one of our preferred scenarios for online broker ownership, as it means Finpari benefits from the experience of professionals that understand what you need. They focus on providing you, the trader, with the tools required to help you succeed .

The company has registered offices in the Seychelles under the company Lerona Impex SA. They also have a second company registered in Scotland called Norske Inter LP. Despite the multiple offices and size of their operations, Finpari is unregulated and operates as an offshore broker. The platform is open to traders from ALL REGIONS, except the USA. They have however operated with huge success in providing services to traders from across the rest of the world. Their banking is conducted within Europe, and in a practise found with regulated brokers, they also separate operational and customer funds, thereby safeguarding your investments.

Customer service seems to be paramount for Finpari regardless of the experience/deposit amounts of their traders. I also found out that the team at Finpari are incentivised to help traders make money – a truly refreshing bit of knowledge which explains their eagerness for support and account management of a high standard. This also means the broker is perfectly suited for less-experienced traders. High volume/value traders are also very much catered for here and a number of tools necessary for successful trading are provided.

Trading Platform and Features

Finpari is powered by the Spotoption Spot 2.0 platform. This is a fantastic, and well proven piece of software. It requires no download and it is very intuitive. The platform is web based, and also available as an app on both Android and iOS devices. This makes trading possible anytime and anywhere. You can access your account, place trades, and track your open and expired positions directly from your phone. The Spot 2.0 platform is also optimized for mobile web use, so it works equally well with your mobile browser. The platform truly does shine, not to mention the mobile variants make trading at Finpari highly suitable and convenient for traders with busy schedules.

We have no hesitation in recommending Finpari for use by both beginners and experienced traders alike. With seven trading tools based on different strategies, and the functionality to trade using one or all of the tools simultaneously, the broker works well on both short term (30 seconds) and long term (one year expiration) strategies. The investment amount per trade is also highly attractive as it starts from as little as $1 and goes up to $1500. This safeguards traders and allows you to exercise a risk management/scalping strategy with your funds. If you wish to make larger trades, simply ask your on-screen livechat support representative for more information.

You can trade your own strategies as an experienced trader or use all the tools provided by the platform to succeed. An example of this is the standout “Spot Follow” feature. This allows you to monitor Finpari’s most successful traders and copy their trades/positions for optimal results.

Trading Accounts and Payouts

Finpari offers 3 types of accounts, each with 1-hour withdrawals, full access to their invaluable support team and a number of other account-specific benefits. The minimum deposit amount is $250, however, the account-type you are assigned depends on your deposit amount; the higher the deposit, the better the account type/perks. Note: The 1-hour withdrawals are a unique feature to Finpari.

All traders are also entitled to a demo account, which can be requested after your first deposit. The demo account will allow you to get a feel for the platform and practice your strategies within the same trading environment as the real account.

Trading Account Types:

A deposit of $250 – $999 will provide you with access to the Bronze account. This provides access to a demo account and a trading course (e-book and video). You also qualify for a 20% bonus on the invested amount.

Deposits of $1,000 – $2,999 will provide you with access to the Silver account. This account also provides you with access to a demo account and a trading course (e-book and video). What sets this account apart is the benefit of a 50% bonus on your deposit amount, 3 risk-free trades and a Master Class Web training session. You may also be eligible for trading protection (%-based return of funds lost. Ask your account manager for more details. Terms and conditions apply).

Deposits of $3,000+ will provide you with access to the Finpari Gold account. This account comes with a very attractive 100% bonus on your deposit amount. You will also benefit from all the perks of the Silver account, but also a personal account manager. This will make a huge difference to the progression/success time-frame of less-experienced traders, and provide assistance in managing more complex trades/strategies of more experienced traders. All Gold account holders will also receive a prepaid credit card to streamline the deposit and withdrawal process.


Banking Options

Finpari offers a huge variety of trusted payment methods for both deposits and withdrawals. Payments can be made through all major credit and debit cards, including AMEX. In addition, Finpari provides alternative payment methods, such as Neteller, Bitcoin, UnionPay and a number of others.

You may fund your account by using any currency, but trading accounts are only offered in three major currencies: EUR, GBP and USD. The deposits can be made by using credit/debit cards such as AMEX, wire transfer and e-wallets. The minimum deposit is $250 and there is no maximum deposit limit. Finpari was one of the very few brokers that worked with PayPal, however they have since replaced this with specialist wallet (and my preferred deposit method); Neteller. This and other e-wallets they partner with make handling payments secure and easy. The extensive list of banking options is a great indicator of the financial stability at this broker.

The biggest selling point, and highly attractive feature of Finpari, is the speed that withdrawals are dealt with. The broker processes withdrawals within one hour of their approval, (approval is also a speedy process). This is a unique feature for Finpari and provides traders with the opportunity to manage their funds as it suits them.

Withdrawals are processed back to the origin/source of deposit. Therefore, traders using bank wire to make deposits will receive funds back into their funding bank. The same applies to credit card deposits, however, any funds above the initial deposit amount will be forwarded to an available e-wallet such as Neteller.


As you can tell by this positive and glowing review; we are fans of Finpari. It’s hardly surprising, as they really are a well-rounded package!

Benefits Summary:
Open to all regions except the USA (since December 2016)
Numerous popular deposit options & 1-hour withdrawals (unique to Finpari)
Proven technology providing multi-platform trading
Truly spectacular multi-format trading support

Finpari is one of the only binary options brokers open to traders throughout the world. There are very few brokers that offer this freedom, collaborate with major payment systems, and provide this level of speedy transaction handling.

Our research also indicates that the company has invested heavily in their infrastructure and financial backing, providing additional security to traders. We tested their communication, efficiency authenticity, and Finpari passed all of these admirably. It gives us great pleasure to rate this broker with the four stars.