How to Trade Binary Options/ IQ Option application

How to Trade Binary Options

General Risk Warning:

The financial products offered by the company 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.
  1. There are only 2 types of transactions you can make with binary options: CALL and PUT.

The IQ Option platform allows our traders to make investments starting from just $1.

 

  1. Call – Option for rising prices. If you believe the price is about to go up, choose this option.

PUT – Option for falling prices. Buy this option when you expect the price to decrease.

If you see on the chart that the price isn’t rising or falling, that means that right now there’s a “neutral trend.” In this case, it’s best to hold off on buying this option. Consider choosing a different asset to invest in.

Trend examples:

 

  1. Never invest more than 2% of your capital in a single option. This is the golden rule for any investor. This way you can manage your investing without losing your head…or your money
  2. In order to improve the quality of your results, use technical & fundamental market analysis.
  3. Try different asset classes. If you’re not getting results with currency pairs, try stock indices. On IQ Option you can  find over 500 types of assets, including Amazon, Facebook, and Google.
  4. Sign up for IQ Option’s, where you’ll find out how to analyze trends, choose a trading pattern, and personally answer any questions you may have.

How to register & trade on IQ Option

 

General Risk Warning:

The financial products offered by the company 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.





General Risk Warning:

The financial products offered by the company 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.

 

 

XM (XEMarkets) Review – forex trade broker

XM Overview

Founded 2009
Platform MT4 for PC, MT4 for Mac, MT4 Multiterminal, MT4 WebTrader, MT5 for PC, MT5 for Mac, MT5 WebTrader, MT4 for iPhone, MT4 for Android, MT5 for iPhone, MT5 for Android, MT4 for iPad, MT4 for Android, MT5 for iPad, MT5 for Android
Minimum account size $5
Minimum lot size 0.01
Tradable assets 300+
Maximum margin 1:888
Spread on EUR/USD 1.8 pips
Payment methods Credit Cards, Neteller, WebMoney, Skrill, Sofort Banking, iDeal, paysafecard, QIWI, CashU, giropay, Przelewy24, fasapay, Perfect Money, Bank Wire Transfer, Local Bank Transfer, Boleto, OXXO
Demo account Unlimited time
Accepts US traders No
Regulated FCA(UK), ASIC(Australia), CySEC(Cyprus)
Support Phone, Fax, Email, Live Chat
Website www.xm.com

 

 

Pros

  • Fully regulated by CySEC, FCA and ASIC
  • Forex Islamic accounts available
  • Over 20 supported banking methods
  • Unlimited demo account
  • $5 minimum deposit

Cons

  • Deposits via PayPal not accepted

 

XM was established in 2009 and is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), the Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). They are highly regarded for offer a range of MT4 platforms across various workstations but is this the only advantage that they have? Let’s find out in this review.

Platform

XM has an extensive range of MetraTrader 4 platforms that can be accessed using just one account. For desktops, it can be installed and run on both Windows and Mac operating systems while in the mobile platform, they have dedicated apps for smartphones and tablets that are running Apple or Android operating systems. They also have a WebTrader 4 platform that can be accessed with any web browser. Practically speaking, they have every solution for almost any kind device or computer.

Such diversity earns a perfect Platform score of 10/10.

Design

XM definitely found a way to make their interface very inviting and this can be credited to their organized but trendy layout. Aside from the list of instruments, graphs and buy/sell configuration sections, there’s also an All News section which lists the most important updates that could affect the financial markets for easy guidance. There’s even an option to switch between two themes (dark and light) which is not common with most forex trading interfaces. And regardless if I use the desktop, mobile or the web-based platform, I can easily log-in and trade without any delays or long waiting time.

This deserves a Design score of 5/5.

Minimum Deposit

Opening a live account starts with just a minimum deposit of $5 which is extremely lower than the requirements of other forex brokers. Such affordability is an opportune way for those who want to start with a low trading capital and also for starters since there’s no need to deposit a very large amount and it effectively allows proper fund management.

This certainly tops the majority of forex brokers which is why XM gets a Minimum Deposit score of 5/5.

Minimum Lot Size

The minimum accepted lot size is 0.01 which is quite common with most brokers and this is an advantage because the investment amount can be set to an acceptable size.

XM receives a Minimum Trade score of 4/5.

Tradable Assets

This broker has more than 300 instruments which can be traded on the platform and this includes forex, CFDs, equity indices, energies and precious metals. This mixture of available assets opens a lot of chances to find an opportunity to earn and make profits.

Such diversity warrants XM a Tradable assets score of 4/5.

Payouts

With XM’s tight spreads the prices don’t need to move as much in order to make a profit. The spread for the EUR/USD currency pair is 1.8 pips which is already considered to be better than what most brokers can provide.

This warrants XM a Payouts score of 8/10.

Withdrawal Time

All withdrawal requests are processed within 24 hours if the funds are transferred to XM Cards or any of the supported e-wallet methods. Credit/debit card and bank wires on the other hand can take 2 to 5 business days. Based on the several withdrawal tests that I made, they were able to fulfill these requests and I was able to get my money back just as they promised.

This level of speed gets a Withdrawal Time score of 10/10.

Deposit and Withdrawal Methods

They accept the most commonly used banking methods today including credit cards, Neteller, WebMoney, Skrill, Sofort Banking, iDeal, paysafecard, QIWI, CashU, giropay, Przelewy24, fasapay, Perfect Money, Boleto, OXXO, Bank Wire Transfer and Local Bank Transfer. Their coverage is quite extensive and adds more flexibility on adding funds into the account.

XM earns a Deposit and Withdrawal Methods score of 5/5.

Customer Support

XM can be effortlessly reached via phone, fax, email or live chat. That means I have the option to contact them in almost every channel possible and this allowed me to save time and effort. When I contacted them, the waiting time only took less than 10 seconds and their responses are most of the time quick and very straightforward so the conversation only lasted for a few minutes. Based on my actual conversation with their support agent, I find them to be very direct in providing answers to any of my questions and I never experienced any sort of marketing schemes that other agents from other forex brokers usually do. Overall, my discussions with them ended with positive results.

For this XM gets a high score of 13/15 for Support.

Quoting Accuracy

It is always important to trade with a forex broker that has accurate market prices because this is where your decision will be largely based on. The good news is that the several tests that I have done with their platform showed no signs of delays or manipulation with their quotes and the same price is shown for both pre and post deals.

XM deserves a perfect Quote Accuracy Score of 10/10.

Reputation

XM is licensed and regulated by the Cyprus Securities and Exchange Commission, the Financial Conduct Authority and the Australian Securities and Investments Commission. This means that they are abiding by the rules and regulations that are set by these trusted financial authorities so I am able to trade with peace of mind.

Regardless of the fact that they are a regulated online broker, they are very popular in the forex trading community most of the reviews and comments praise them for having multiple online trading platforms and very flexible trading conditions.

This kind of credibility deserves an impeccable Reputation score of 19/20.

Daily analysis of major pairs for November 9, 2017

EUR/USD: The EUR/USD is consolidating in the context of a downtrend. There would
be a rise in volatility today or tomorrow, which would most probably be in
favor of bears. Price may reach the support lines at 1.1550 and 1.1500. Price
is currently below the resistance line at 1.1600.

1.png

USD/CHF: The USD/CHF is moving sideways in the
context of an uptrend. There would be a rise in volatility today or tomorrow,
which would most probably be in favor of bulls. Price may reach the resistance
levels at 1.0050 and 1.0100. Price is currently above the support levels at
0.9950.

2.png

GBP/USD: In spite of the volatility in the
market, there is a vivid bearish bias on the Cable. The EMA 11 is below the EMA
56, and the RSI period 14 is below the level 50. The market is expected to go
downwards, reaching the accumulation territories at 1.3100, 1.3050 and 1.3000 (which
would be attained today or tomorrow).

3.png

USD/JPY: Things are quite choppy on the USD/JPY,
but the bullish bias is still extant (though threatened). Since the outlook on
USD is bullish, it is more likely that when volatility returns to the market,
it is going to favor the bulls. Thus, initial targets are located at the supply
levels of 114.00, 114.50 and 115.00. Some fundamental figures are expected
today and they could have impact on the markets.

4.png

EUR/JPY: There
is a Bullish Confirmation Pattern in the EUR/JPY 4-hour chart. Price went
downwards by 120 pips this week, testing the demand zone at 131.50 and then
bouncing upwards. The upwards bounce is construed to be an opportunity to sell
short at better prices. Thus the demand zone at 131.50 is expected to be tested
again.

5.png

The material has been provided by InstaForex Company – www.instaforex.com

Bitcoin analysis for 09/11/2017

A message from Mike Belshe, the chief spokesman, said it was “clear” that the project “did not reach enough consensus to make a clean upgrade of the blocks right now.” Belshe’s post states that “the Segwit2x effort began in May with a simple purpose: to increase the blocksize and improve Bitcoin scalability. At the time, the Bitcoin community was in crisis after nearly 3 years of heavy debate, and consensus for Segwit seemed like a distant mirage with only 30% support among miners.” Belshe adds that “Segwit2x found its first success in August, as it broke the deadlock and quickly led to Segwit’s successful activation.” Moreover, Belshe states “our goal has always been a smooth upgrade for Bitcoin. Although we strongly believe in the need for a larger blocksize, there is something we believe is even more important: keeping the community together.” Belshe concedes “it is clear that we have not built sufficient consensus for a clean blocksize upgrade at this time. Continuing on the current path could divide the community and be a setback to Bitcoin’s growth. This was never the goal of Segwit2x.”

SegWit2x met with great opposition from the entire Bitcoin community, and several of its followers were under pressure to justify their decision. No replay protection – a mechanism to prevent accidental use of coins on both chains – was the main criticism that even Nick Shabo had opposed SegWit2x.

Let’s now take a look at the Bitcoin technical picture at the H4 time frame. The sudden drop from a new high at the level of $7,886 did not result in a technical support violation of the level of $6,987 yet. The top might be labeled as the wave (v) high and the overall impulsive cycle from the level of $2,956 termination, despite the fact, that the projected target at the level of $8,356 has not been reached yet.

analytics5a0410537f1fa.jpg

The material has been provided by InstaForex Company – www.instaforex.com

Trading plan for 09/11/2017

Surprising reversals in asset prices remain a key theme for this week. The sudden drop of the Nikkei 225 was followed by USD/JPY and other Dollar caresses. EUR/USD jumped to 1.1610. Reserve Bank of New Zealand gave a positive boost to NZD when it left the interest rates unchanged at 1.75%. Risk aversion led USD/CHF down to 0.9973, Gold rose to $1,283.

On Thursday 9th of November, the event calendar is light in important economic data releases, but market participants will keep an eye on ECB Economic Bulletin, European Commission Economic Forecasts data, NIESR GDP Estimate from the UK, New Housing Price Index data from Canada and Unemployment Claims, and Continuing Claims data from the US.

EUR/USD analysis for 09/11/2017:

The EU Commission releases the Autumn 2017 Economic Forecasts today, which will be used as the basis for the detailed assessment of the 2018 Draft Budgetary Plans (DBP) submitted on 15 October. In particular, the EC will assess the fiscal measures announced by the EU governments in the draft budget bill. Any shortcomings or potential drift between the EC estimate and the 2018 government commitment might push the EC to require corrective action. Regarding the 2018 public finances figures, the EC applies the 2018 DBP with its own forecasts and assessment of the efficiency of the measures, which will give an idea of the required fiscal tightening to meet the 2018 targets. In terms of growth, compared to the last report published in April, the EC is set to significantly revise upward its 2017 growth forecasts. Indeed, the EC had a 2017 figure of 1.7% compared with 2.2% for the consensus. Only limited downward revision to inflation is expected for 2017 (EC: 1.6%, consensus: 1.5%). Market participants should also expect minor changes in the 2018 outlook, with growth at slightly below 2.0% (April forecasts, consensus: 1.8%) and inflation at below 1.5% (April forecasts and consensus: 1.3%).

Let’s now take a look at the EUR/USD technical picture on the H4 time frame. The market jumped towards the level of 1.1610 from the oversold trading conditions. The momentum is not dramatically improving so far, and the move upwards is so far looking as corrective. In case of a further breakout, the next technical resistance is seen at the level of 1.1662 and 1.1690.

analytics5a040c31def6d.jpg

Market Snapshot: USD/JPY reverses again

The price of USD/JPY has reversed from the top at the level of 114.72 and is trading closer to the key near-term support at the level of 113.25. Any breakout lower will directly expose the level of 112.94 for a test. Until this event, the market remains closed in a narrow horizontal zone between those two levels.

analytics5a040c405d11f.jpg

Market Snapshot: Gold moves higher after the test

The price of Gold has moved towards the next technical resistance at the level of $1,289 after a successful test of the golden trend line from below. The 200-period moving average has been broken as well and the momentum is slowly increasing too. The key zone for bulls is the gray area between the levels of $1,298 – $1,306.

analytics5a040c49a2e43.jpg

The material has been provided by InstaForex Company – www.instaforex.com

Ichimoku indicator analysis of USDX for November 9, 2017

The Dollar index has broken the short-term bullish channel and has entered the 4-hour Kumo (cloud) support area. Trend has changed from bullish to neutral. The Dollar index is showing reversal signs off important medium-term resistance.

analytics5a0409bcaa129.png

Blue lines – bullish channel

The Dollar index is about to enter the 4-hour Ichimoku cloud. This will change short-term trend to neutral. Support is at 94.69 and next at 94.30. As long as we are above these levels I believe there are still chances of seeing a move towards the big resistance at 95.50.

analytics5a040a4968289.png

As we have been saying for some time now, price is right below the important 38% Fibonacci retracement and the kijun-sen (yellow line indicator). This is very important resistance. It is not necessary to reach the exact levels, but overall this is a very important resistance area. A rejection here will have longer-term bearish implications for the Dollar.The material has been provided by InstaForex Company – www.instaforex.com

Options levels on thursday, November 9, 2017

EUR/USD

Resistance levels (open interest**, contracts)

$1.1686 (1389)

$1.1666 (958)

$1.1640 (759)

Price at time of writing this review: $1.1611

Support levels (open interest**, contracts):

$1.1557 (5723)

$1.1533 (8423)

$1.1503 (5955)

Comments:

– Overall open interest on the CALL options and PUT options with the expiration date December, 8 is 150712 contracts (according to data from November, 8) with the maximum number of contracts with strike price $1,1600 (8423);

GBP/USD

Resistance levels (open interest**, contracts)

$1.3270 (3262)

$1.3219 (1337)

$1.3182 (657)

Price at time of writing this review: $1.3149

Support levels (open interest**, contracts):

$1.3087 (1151)

$1.3056 (1394)

$1.3007 (2638)


Comments:

– Overall open interest on the CALL options with the expiration date December, 8 is 40045 contracts, with the maximum number of contracts with strike price $1,3200 (3262);

– Overall open interest on the PUT options with the expiration date December, 8 is 37843 contracts, with the maximum number of contracts with strike price $1,3000 (4763);

– The ratio of PUT/CALL was 0.95 versus 0.97 from the previous trading day according to data from November, 8

* – The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** – Open interest takes into account the total number of option contracts that are open at the moment.

Fundamental analysis of AUD/JPY for November 9, 2017

AUD/JPY has been very volatile and corrective at the edge of 87.30-50 event area. AUD has been struggling with the mixed economic reports whereas JPY is also found to be facing hard times with recently published worse economic reports. Today Japan’s Bank Lending report was published with a decreased value at 2.8% from the previous value of 2.9% which was expected to increase to 3.0%, the Core Machinery Orders report was published with negative value of -8.1% which previously was positive at 3.4% and was expected to be at -1.8%. Besides, the Current Account report was also published with worse figure at 1.84T which previously was at 2.27T and expected to be at 2.05T. On the AUD side, today Home Loans report was published with a negative value of -2.3% which previously was positive at 1.5% and was expected to increase to 2.5%. The massive downfall of the economic report today can lead AUD to lose some grounds against JPY despite the worse economic reports from Japan published today. As of the current scenario, AUD is weaker in comparison to JPY and it is expected that JPY is going to gain further taking the price much lower in the coming days.

Now let us look at the technical view. The price is currently correcting itself at the edge of the event area of 87.30-50 area. The price is also being resisted by the dynamic level of 20 EMA along with the horizontal level resistance which is expected to push the price lower towards 85.50 support area in the coming days. As the price remains below 88.00 resistance area, the bearish bias is expected to continue further.

analytics5a040931c528f.jpg

The material has been provided by InstaForex Company – www.instaforex.com

Technical analysis of gold for November 9, 2017

Gold price has been making higher highs and higher lows since a pullback from the low at $1,263. The short-term trend has changed to bullish and is challenging important resistance at $1,283-86. Gold is in a bullish short-term trend as long as price is above $1,272.

analytics5a040878b9880.png

Blue lines – bullish channel

Red rectangle – short-term support

Green rectangle – important medium-term support

Gold price is trading inside a bullish channel. The trend is bullish. Support is at $1,272. Breaking below the red rectangle will increase the chances of breaking below the green rectangle support at $1,262. Breaking below $1,262 will open the way for a push towards $1,245.

analytics5a0408c3c4561.png

For now, gold price is trading above the daily kijun-sen (yellow line indicator) resistance. A daily close above it will open the way for a push higher towards the Kumo (cloud) resistance at $1,300. A rejection here will increase the chances we are still in a corrective phase and will eventually move towards $1,245-50. I remain longer-term bullish gold.The material has been provided by InstaForex Company – www.instaforex.com

RBNZ says longer-term inflation expectations remain well anchored at around two percent

  • NZD has eased and if sustained will increase inflation

  • New zealand’s reserve bank OCR unchanged at 1.75 percent

  • RBNZ sees official cash rate at 1.8 pct in december 2018 (pvs 1.8 pct)

  • Official cash rate at 1.8 pct in march 2019 (pvs 1.8 pct)

  • Monetary policy will remain accommodative for a considerable period

  • Employment growth has been strong

  • Cpi inflation is projected to remain near the midpoint of the target range

Last minute burning forecast 09.11.2017

Last minute burning forecast 09.11.2017

EURUSD is prepared for a strong move.

There is complete lull on the market because there are still no important news.

The EURUSD pair showed a very rare intraday consolidation – for almost a day, the movement stood in the range of 1.1580 – 1.1605 – a break of the range boundaries and strong movement is very likely.

In this case, it is possible to expect a strong downward movement and an upward movement.

Occupy the following positions – place orders for breaking the boundaries of the range:

buy stop 1.1625

buy stop 1.1690

sell stop 1.1550

All orders have a stop loss of 45 points from the entry level; the minimum goal is 100 points (points in 4 characters, for example: from 1.1600 to 1.1700 – 100 points)

analytics5a03f714411a7.jpg

The material has been provided by InstaForex Company – www.instaforex.com