Binary options trading is really fun, whether you choose to indulge in it as a hobby or as a career. But behind every good trader out there is an even better and very reliable broker. We hope that this article gave you all the information that you need before you decide to choose your own broker. Anyoption is well-loved by traders because you deposit as low as $200 and get 20% bonus in your cashback. With a relatively high payout rate of 80%, there is no wonder why there are gaining more and more customers and traders each day. Binary options, simply meaning having “two parts”, you are tasked to guess or predict whether to call or put.
They are located in the British Virgin Islands and are under the jurisdiction of Cyprus. Anyoption has begun operating in 2009 and is considered to be one of the pioneers in the industry.
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If a Filipino citizen has reached the age of 18, he can become a client of the company, and this procedure will take 4-6 minutes. Everything is simple – you must become a client of LexaTrade.
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While this broker does not accept PayPal, Anyoption boasts of its unique decision-making capability through text and the possible 71% return in just an hour. To top it all off, their platform is fully regulated by the European lexatrade Union. People have only good things to say about LexaTrade, especially about their mobile platform. This way, traders like you can keep track of your investments whenever necessary and you would not miss anything.
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We also recommend that you read special documents to understand what conditions the company offers, what responsibility it bears to the client, etc. While solely offering one trading platform, LexaTrade had been wise in their partnership with MetaQuotes to offer their flagship trading platform, MetaTrader 4. Opening an account, on the other hand, would require a minimum deposit of €100.
Also, payments are accrued within 24 hours from the date of the request . MT4’s standout features include one-click trading, a number of technical indicators, charting tools, and Expert Advisors that allow automated algorithmic trading. euro dollar forecast What turned the review team off is LexaTrade’s imposition of high fees to dormant accounts that can amount to €200 each month after six months of being inactive. On top of this, the firm also charges €10 as maintenance fee.
The Company eventually became a stock corporation on August 3, 2001. Leading analysts of the company every week, based on their analytical reviews, offer concrete ideas for conducting Forex trading.
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