Binary Options Exchange
BinaryEX was started in December 2012 to help traders find a good binary options broker. Although brokers began offering binary options in 2011, digital option trading is still a new concept to most traders. A binary option gives the trader a potential profit of between 70% and 95% in just a few minutes.
As you browse our website you will find information about binary option brokers, strategy, trading signals and auto trading robots. According to the Binary Option Brokers Association there are almost 300 brokers offering binary options for trading.
Some binary option brokers offer demo accounts for new traders to to get a feel for their platform. Traders can really experience the effects that different option time frames have on profits or losses.
Traders use a variety of trading signals and strategies to maximize profits in binary options trading. The typical strategy used by binary traders is technical analysis or momentum based strategies. Forex traders are usually the most successful binary option traders, as their trading style is very similar and easily adaptable for binary option trading. Visit our signal reviews to learn more.
In the education section of our site, you will find many articles on the basics of binary option trading, trading strategies and information about taxes on binary option trading profits. You may also find it useful to read The Beginners Guide to Binary Options, which is a great place for new traders to learn about trading binary options. Spending a few minutes educating yourself now, will greatly increase your odds of becoming a success trader.
Regulation of Binary Option Brokers
Less than 10% of brokers are actually licensed and regulated by CySEC. Most binary option brokers are based in offshore countries like Cyprus, Seychelles, Gibraltar or the British Virgin Islands, however the recent MiFID regulations in the European Union, has allowed brokers to receive European Union approved licenses. Visit the Cyprus Securities and Exchange Commission (CySEC) here.
The CFTC in America has given licensed to two binary options exchanges; Cantor Exchange & Nadex.
Australia licenses binary option brokers via the ASIC. HighLow is a broker who is licensed by ASIC, see here.
2014 was a turning point year for the binary option industry. There are now more than 20 binary option brokers that have received a license from CySEC, ASIC, HCMC, BaFIN, FCA, CONSOB, & FSB.
Continue reading about regulated option brokers.