The Most Honest Binary Options Brokers

Binary options could soon be classed alongside other financial instruments bringing them into the financial mainstream.Regulation of binary options brokers up until now, has fallen largely to the Cyprus Securities and Exchanges Commission (CySEC). Brokers adhering to the CySEC regulations (specifically the MiFID elements) were able to use this passport to trade anywhere in the EU.The CySEC regulations do have some teeth, and have certainly improved the security of traders. In terms of consumer protection for those in the UK however, regulation via the Financial Conduct Authority (FCA) would give far superior peace of mind and it may be on the way.The UK government had previously left control of binary options brokers in the UK to the Gambling Commission. This classification has not helped the reputation of binary options, and equally, the Gambling Commission isill-equipped (and lack any real desire) to regulate brokers effectively.In the summer of 2015, the UK government embarked on a consultation exercise to judge whether regulation of binary options would be better handled via the FCA. Relevant stakeholders, and the wider public, were asked their views on where regulation should sit.The consultation process ended in July, and we understand that the findings will be published in early 2016. The commonly held view is that the government would like to align itself with the rest of the EU, in classifying binary options as financial instruments, and not as bets.Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing.Copyright 2015 Finance Magnates Ltd. All rights reserved. For more information, read our terms and conditionsWe have a range of sign up options, which are available for new and existing traders. All traders will receive a minimum of 18 signals per day as well as round the clock support. There is no contract once you sign up to our service. We give traders the flexibility to suspend or cancel their subscription at any time no questions asked.Most of our signals will be sent from 10am and 6pm GMT. You will be notified by our team at the beginning of each day when you should expect to receive signals. Ensure you keep an eye on your WhatsApp or log into our members portal at the beginning of each day. This will allow you enough time to check the signals before placing a trade. Timing is everything when it comes to Binary Options Trading.Once you have received a signal, ensure you pay attention to the range provided by our traders and expiry times. For example if you receive the following: GBP/JPY UP 10.30AM (GMT) 178.33 178.27, this means the currencies GBP and JPY is highly likely to go above 178.33 before 10:30AM GMT. To ensure you increase your chances of profiting from the trade, place your trade within the specified execution range.In 2015 our average win rate was over 70 . Once you place a trade and it is profitable, you can then place more trades throughout the day. The key is to remain disciplined at all times and not treat trading like you are in a casino. Set yourself a daily profit target. Once you reach your target, withdraw your profit and prepare for the next day of trading.I signed up for iWant2trade signals about a month ago and in the first week I made profit of 1500 The service is fantastic, The signals are 85-90 accurate and the team are always there to help or answer any questions. I would highly recommend their services.Trading binary options is now a popular means of executing a financial strategy for traders from across the globe. With the growth of the internet and movement towards digital platforms, traders have flocked to binary options so they can trade online and experience fast and profitable returns.Since being introduced, binary options trading has quickly gained positive recognition by traders worldwide. These traders have been looking for an online trading platform that provides a variety of asset classes to choose from and offers a range of short and medium term trading timeframes.The popularity of binary option trading in the UK has also experienced an upswing and can be directly linked to a variety of factors. This includes its simplicity in execution, high profitability, access to 24 hour trading and that it providers traders with a variety of global assets to trade with.When accessing the EZTrader platform, traders need only follow a few brief and easy steps before making their trades. Whether the trade expires in 1 hour or 1 days time, the trader is aware of the outcome shortly after. These results can be up to 95 which is a great return for a trader regardless if they are performing options trading in the UK or in other parts of the world.The EZTrader platform also offers a range of trading options in the UK including indices, such as the FTSE 100, and a range of binary options based on the price of UK stocks. These stocks are from some of the largest organizations in world including banks such as Barclays and HSBC as well oil firms such as BP.Commodities, such as Gold, Crude Oil and Silver are also available for traders on the EZTrader binary options platform. For those interested in trading binary options on forex, some of the major currency pairs also relate directly to the British economy, including the GBP/USD, GBP/JPY and EUR/GBP.As mentioned, EZTraders simplistic binary options platform provides a range of binary options related to the UK markets, including some binary options on stocks from the most successful companies in the UK. Binary options trading has attracted traders of all skill levels and backgrounds in the UK due to its efficiency, ease and diversity. Binary traders from the UK have embraced binary options and many of them are reaping the rewards.Before 2015, Binary options brokers in England were officially under the regulatory oversight of the Gambling Commission. Starting in January 2015, regulatory oversight will be transferred to the FCA. We are waiting to see when the FCA will actually issue their own licenses to brokers that are exclusively binary options brokers.The main issue that traders need to be aware of are the unlicensed brokers who operate in the United Kingdom.