Day option stock trading software reviews35 comments
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That broker is also one of several on the market to invent and offer exclusive option types which cannot be traded anywhere else. The slogan of BDSwiss is "A commuting international traders", the broker is positioning itself as an international available all over the world. Empireoption is mainly the social broker providing clients with possibilities of following someone else's trades, communication among traders.
Olymp trade proclaims to be one of the most technologically developed brokers with the high functioning platform. Opteck is the broker for CFD trading. Opteck promotes their own investment philosophy with the help of account managers for its clients.
Stockpair proclaims being "World leading online platform for BO" with the powerful platform and several different option types. IQ Option have been established in and became one of the most popular brokers on the market.
Ayrex has been established in and been one of the most fast developing brokers since. The platform is user-friendly and easy to operate. Usually Payouts in marketing campaings are much higher than in reality.
We compare only real payouts which you'll see on the platform during your trade. Every trader has a preferred option type to trade. But having a choice among different option types is a great benefit. You can always master new options to gain more profit!
Variety of assets is one of the most important qualities of every broker. You can have dozen option types but if the trade can be only made with a few currency pairs that is limiting your possibilities. Apart from the fact that every asset has its own trading schedule, brokers can offer you trade even when the real market is closed.
What type of bonuses the broker has to offer. How difficult to find information about those and whether it is transparent how to get the bonus and complete it. Does the bonus have a real value for traders? The best way to train your skills before going real is Demo platform. We believe that traders shouldn't be obliged to register on the site to access the Demo platform. The broker must provide its potential clients with the free access to the demo before asking the client to register.
You should be able to choose whether to join the broker or not after checking out Demo platform. Restricting clients from smooth access of demo version is seen as a weak point for every broker. Best platform has nothing to hide. Minimum amount of the deposit allows you to check out all features of the platform without risking a lot of funds. Although, if the minimum deposit is significantly higher than the minimum amount of the investment it raises some questions.
The lower the minimum investment the better. For newly traders or for those who want to check out the real platform it is of utter importance to be able to invest as small amount as possible. Contest is the competition among all traders of the platform where real prize can be won.
The contest can be a great possibility to test your new strategy and compare yourself with others, not mentioning the fact that the contest gives the possibility to examine the platform in trade. Access to Demo platform is a good way to start, but usually Demo gives you only a general impression about the platform. It can lack some features or assets. But the No deposit bonus allows you to engage into real trading right away without investing your own funds.
An honest broker is always opened for discussions not only via Support team, but public communication on forums as well. Those who have nothing to hide will welcome you on different forums to help or discuss your quieries. Responce time of Support team matters a lot. If you have to wait for days until your issue is solved you can lose a lot of great trade possibilities. Before you can start your trading you need to top up your account balance. More payment methods you have the better.
After some time you need to withdraw your winnings. You expect the withdrawal process to be smooth and simple. Without waiting for a week until your documents are verified and the transaction is made. Availability to withdraw your funds instantly is a great benefit.
One of the most important things for the trader is to be able to withdraw profit from the broker smoothly and fast. If during manual withdrawals processed by Financial department of a broker the client has to wait up to 10 days depending on the broker, than automatic withdrawals can allow clients to withdraw their winnings instantly without waiting for the request to be approved.
That feature makes the process of getting the profit much easier. The more functions platform has the better. But if you have to go through numerous manuals and FAQs in order to understand how to use the platform, it'll postpone the moment of an actual start of your trading.
Trading is all about the speed of trade opening. If you don't want to miss a good entry point the platform must react as fast as possible. You be able to choose any expiration time you want starting from ultra short options of 30 seconds up to several hours.
It is also one of the oldest brokers on the market right now. All educational materials no wonder require a certain amount of a deposit from a client. It is a good point that all levels of traders are covered.
There are courses for elementary, inermediate and advanced traders to level up their skills. Stockpair claims that their goal is to allow traders with different background to securely trade and learn. Unfortunately, while the platform itself is highly developed, educational materials lack enough information to help traders understand how to operate the platform.
What is the binary options arena? How do we rate? What are the criteria for assessing brokers? For such a popular broker that is definetely a low rate and shouldn't be tolerated. Comparing to other brokers, Stockpair has quite low payouts. That set is a classic one and considered to be quite enough for traders. The pitfall is in timeframes offered by 24option. In Short term the choice is between 1 min, 2 min and 5 minutes wonder what happened to 3 and 4 minutes. Stockpair provide traders with 4 types of options with only popular and known by most traders.
Other 3 types require special education on how to operate and profit trading such. An extensive choice of assets are presented on the platform of 24option. There are almost 50 different assets to invest in which is a stunning amount at first sight. That can be delusive for newcoming traders. Remember that serious trader will only concentrate on a couple of assets, reading all about those and studying graphs, making analysis. If a trader loses attention, picking more than 5 assets to trade, there is a high probability of wasting the whole balance.
Stockpair has a quite limited list of currency pairs to invest in so it won't suit trader who prefer FX trading. Apart from having small amount of currency pairs, some exotic pairs are included. So traders are put in a situation when you don't have your favourite major pair but you are being offered some exotic pairs instead. But the list of Stocks at Stockpair is quite impressive. If you are a Stock trader, that would be enough. That can be considered as an intentional obstruction for traders which is unjust and shouldn't be tolerated.
If you prefer to trade during the European night-time you won't be able to do that with Stockpair. That cannot be considered as a good point since traders have a full right to access and trade assets they prefer at times when those assets are available for the trade on real market.
There is no public information about any kind of bonuses at 24option. As the broker claims 24option has a right to grant chosen clients with some offers, but there is no information on how those clients are chosen and how to qualify for some bonuses.
Stockpair doesn't have any bonuses for its clients. They mention that there is some kind of a loyalty program, but the decision whether you are eligible for it is after the broker. That is an appaling practice which ceases potential clients from making a decision of joining 24option according to their experience on the demo platform.
Furthermore, Demo is created to try out skills and test strategies without being obliged to deposit personal funds. With the deposit as a must to get the access to the demo platform, the whole idea of demo is lost. Stockpair gives the opportunity to look at the platform. The will allow potential clients to open a demo platform, but an upsetting thing is that all you can do their is actually look at it. Traders won't be able to work with it, to check out the execution speed and all other features.
That is seen as a misguiding sing. The minimum deposit at 24option is considered being the highest on the market. That level of investment amount can suit only professional traders.
And the minimum amount of the deposit in that case cannot be justfied. Stockpair don't have any kind of contest for its clients. There is no official information about any Welcome or Free bonus at 24option.