When conducting some research it is amazing how little information there is on binary options trading platforms. When you do come across site is usually the same web interface that is calling you to make a deposit in order to test out the system. The software will ask the question will EURUSD go up or down? Then they will have their enticing interface for you to guess whether upper down should be your choice.
The first question one would ask is how about a little more information? This tiny little chart that is being provided that looks more like an EKG rather than something that will determine which direction a Currency Pair will go. It appears that a little more in terms of analytical tools would help. You should be able to use the full functionality of the charting package to determine this. Another question one should ask is how about market transparency?
Are you able to trade the underlying currency pair at this broker? The answer to this is not really for most of the binary options brokers. So what we discovered is that for most binary options brokers they don’t really provide you with trading software. They also don’t provide you with the ability to trade the underlying Forex currency pair.
Within seem only logical to use a true and tested trading platform. Anyone who is traded Forex in the past should be quite familiar with MT4. MT4 is used by a vast majority of Forex traders. Now through a few select Forex brokers you can now trade binary options on it as well. Of course you can trade both binary options and Forex and whatever other products are offered from your broker. This will look to provide anyone looking to trade binary options all the necessary tools.
To learn more please visit www.clmforex.com
Disclaimer
Trading of foreign exchange contracts, contracts for difference, derivatives and other investment products which are leveraged, can carry a high level of risk. These products may not be suitable for all investors. It is possible to lose more than your initial investment. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. A Product Disclosure Statement (PDS) is available from the company website. Please read and consider the PDS before making any decision to trade Core Liquidity Markets’ products. The risks must be understood prior to trading. Core Liquidity Markets refers to Core Liquidity Markets Pty Ltd. Core Liquidity Markets is an Australian company
