Binary Options in Kenya. Binary options trading is a good way to trade on the financial markets. Kenyans can now speculate on any asset price movements by trading binary options through a regulated international broker. Here we will explain how you can take advantage of binary options trading. What are binary options? Binary options in Kenya. The best brokers. Professional trading strategies. Trade on autopilot. Reap the rewards. What are binary options? Binary options are derivative financial instruments that allow traders to bet on the direction of the market movements. They are called "binary" because they have only two outcomes. The basic form of binary options are the "Call" and "Put" options. A trader will buy a "Call" option when he believes the market will move up, and a "Put" option when he estimates the market will move down.
The option expires after a predetermined time frame (it can be anything from 60 seconds to one week, but the most traded options have a time frame of 30 minutes or one hour). If the price of the asset increases, those who bought "Call" options will receive a payout of about 185% of the option price, resulting in a profit of 85%. To easier understand how binary options work, I will give you a simple example: A trader buys a "Call" option on the price of Brent Crude Oil when the price of Oil is 45.00 USD per barrel with a payout of 185%. He pays 100 USD for the option with an expiration of one hour. After 60 minutes, when the option expires, the price of Crude Oil has climbed to 45.25 USD per barrel (an increase of only 25 cents). Since our trader bought a "Call" option and made the correct prediction that the price of oil will increase, he will receive the option's payout which is 185 USD. In only one hour, our trader received 185 USD for the option he bought with 100 USD, resulting in a profit of 85 dollars. Not bad! As you already noticed, a binary option has several parameters: Option type - CALL or PUT (also known as UP or DOWN) Asset - it can be anything from currency pairs (EURUSD or USDJPY) to Oil, Gold or the price of Google shares. Strike price - the price of the asset at the time the option is bought. Option payout - how much the option will pay in case of a successful trade (it usually varies between 180% and 185%) Option price - the amount of money paid for the option (the trader can set this value according to his trading capital - binary options can be bought from as low as 20 dollars) Expiration - how much time before the option expires (it can be 60 seconds, 15 minutes, 30 minutes, one hour, 4 hours or more) Binary options traders can customize their options by choosing the option type, the asset and the expiration. While all this may still sound complicated, you'll see that the platform is user friendly.
Binary options in Kenya. Trading binary options from Kenya is very accessible, as all major brokers accept Kenyan traders. You only need to register an account with a binary options broker (which takes no more than five minutes) and deposit funds into your account. If you are depositing using a debit or a credit card you will have your account funded and ready to trade in just a few minutes. There are no binary options brokers located in Kenya, but fortunately for us all the major international brokers accept Kenyan clients. While there are many binary options brokers on the internet, we recommend the following brokers as they have the best reputation and are very quick when it comes to withdrawing your money: Country: Seychelles, Cyprus. Minimum Deposit: 1 USD. Minimum Deposit: 250 USD. Country: St. Vincent & The Grenadines. Minimum Deposit: 50 USD. Trading binary options on autopilot.
If you think predicting the market moves is difficult, there is still a way of trading binary options with success. Some experienced traders have developed computer algorithms that generate trading signals based on statistical indicators (this is known as technical analysis or algorithm trading). Those signals are then sent to the broker's trading platform and converted into real trades automatically, as the algorithm (also known as binary options robot) buys Call and Put options according to its trading method and calculations. There are two such robots available to the public for free: Automated Binary and Option Robot. Another advanced system for automated trading is Traders Buddy. This platform is based on the concept of crowd intelligence where people can automatically copy trades from one another and you can follow successful traders and replicate their actions. If you think trading by yourself is difficult, you should really check the above mentioned systems and see if they provide the desired results. Risk warning: Trading binary options involves risk and may not be suitable for everyone. By trading binary options it is possible to lose your entire investment. Do not trade with money you cannot afford to lose. Trading on the Weekend.
When trading in the options arena, traders have the opportunity to profit a great deal – and for those who trade binary options, the ability to transact trades both during the week and on weekends can add an additional amount of profit potential. Although investors can typically place their intended trades over the weekend through a traditional stock brokerage firm, these “after hours” trades will not actually be executed until trading has resumed on the following business day. There are a number of binary options brokers that are open for weekend trading. In most cases, these platforms will typically allow trading of Above Below andor Up Down binaries that have expiries of 30 or 60 minutes. Other binary option brokers may sell touch binary options that have an expiry on the following Friday within a specific time period during the weekend. By far the best choice for weekend trading is IQ Option . It’s not only the largest and most reliable broker today, it also offers an innovative over the counter (OTC) trading opportunity. There’s no better way to trade on weekends than this. If you’re still not familiar with these terms and are not sure what options there are and how to trade with them you should take a look at our terms and explanations article. There you’ll find everything you need to know to understand everything in this article. While binary option traders can choose their underlying stocks from the securities exchanges that are open for trading on the weekend, these traders may also find many companies that are listed on these markets for underlying assets on the binary options contracts that are offered by binary options brokers.
Why Trade Binary Options on the Weekend? One of the biggest advantages to trading in binary options is that traders can place buy and sell transactions on the weekends when most other worldwide investment markets are closed. In so doing, binary option traders may have the opportunity to make a nice profit within a short period of time when trading options with 30 or 60 minute expiries over the weekend. Where Can Binary Options Trades Take Place on the Weekend? Unlike the U. S. exchanges, there are certain securities exchanges across the globe that are open during weekend days. For example, in the Middle East, the trading week will typically run from Sunday through Thursday in some areas and from Saturday through Wednesday in others. This allows binary options traders to actively enter and exit their trades when the underlying assets that are associated with these trades are listed on a market that is open. Some of the major exchanges that are open for trading on the weekends include: DFM Index – This index is based on the Dubai stock exchange, one of the major exchanges that is located in the United Arab Emirates. Tel Aviv 25 Index – The Tel Aviv 25 Index is composed of the top 25 companies – based on their market capitalization – in the Tel Aviv Exchange. This exchange is the only market that is available for trading securities in Israel. Kuwait Stock Exchange – The Kuwait Stock Exchange represents the stock index for the national Kuwaiti stock exchange that is inclusive of investment companies, banks, real estate, and insurance companies located in Kuwait. Tadawul Index – This exchange is the only stock exchange that is located in Saudi Arabia. As with trading binary options at any other time of the week, it is similarly important to monitor any news or events that may affect the price of an option’s underlying asset prior to placing a trade.
This may help a trader to more accurately predict whether the price of the underlying asset will rise or fall. Kenya. Kenya may not necessarily ring a bell, but it is actually one of the fast growing emerging market economies in Africa. Kenya has made giant strides in the financial technology space in Africa and beyond, powered heavily by mobile payments giant, M-Pesa. Kenya has the distinction of having a 97% financial inclusion rate, which makes it one of the most advanced countries in Africa in that regard. How have binary options brokers been able to tap into this market? What are the attitudes and practices of Kenyan binary options traders? Kenya does not have a locally-based binary options broker. Kenyan binary options traders ply their trade with offshore brokers. Most financial market investment within Kenya is done with the local stock exchange and government instruments such as Treasury Bills. In Kenya, the financial markets are governed by the Capital Markets Act. This law also put the power of financial market regulation and supervision with the Capital Markets Authority (CMA).
In 2016, the Capital Markets Authority decided to respond to the growing trend of forex trading in the country. A study by the Standard Investment Bank of revealed that more than 50,000 Kenyans were participating in forex trading with offshore brokers. The CMA responded by setting a new set of guidelines under a proposed amendment to the Capital Markets Act, seeking to regulate the conduct of forex trading in the country. However, the CMA was silent on binary options and has remained so till date. The implication of this silence by the CMA is that that binary options trading in Kenya remains an unregulated industry, leaving locals to trade with offshore companies that offer this product. TOP BROKERS IN KENYA. Currency Pairs & Spread. The Kenyan Shilling is not a traded currency on the global financial markets. As users of platforms of offshore brokers, Kenyans are exposed to trading several major, minor and exotic currency pairs. Without local binary options brokers in Kenya, Kenyan traders are forced to trade currency assets that they are not ordinarily familiar with. However, Kenyans will find it easier to trade commodities such as copper and gold, as these are assets that are found regionally in East Africa and nearby South Africa.
It is expected that Kenyan traders would be more familiar with the fundamentals of these commodity assets and be able to trade them on offshore platforms. Kenyan binary options traders usually trade binary options on the platforms of binary options brokers located in Cyprus and other jurisdictions such as Belize, St. Vincent & Grenadines, Mauritius and Seychelles. These binary options brokers offer their clients turnkey platforms that have been developed by companies such as SpotOption, Tech Financials, O-Systems, Tradologic and Hello Binary. Kenyan traders will be given binary options bonuses by brokers located in areas where they are still valid. However, changes to the regulation regarding the issuance of bonuses by have been a game changer, as traders will not be given bonuses by Cypriot binary options brokers. Deposit and Withdrawal Options. Kenya has an advanced fintech industry which has promoted financial inclusion. Most of this has been powered by M-Pesa, a company which provides mobile payment and digital wallet services to Kenyans, including Kenyan binary options traders. With this in mind, how do Kenyan binary options traders transact on the platforms of offshore brokers? Cards: Kenyan traders have access to cards issued by MasterCard and VISA. However, the use of these cards is not universally available to binary options traders in Kenya. Kenyan traders must therefore check with the binary options brokers where they maintain accounts to see if this option is available. Kenyan binary options traders can conduct bank wires from domiciliary accounts. This is a method that is available to binary options traders in Kenya on all binary options platforms.
Digital wallets such as Skrill, Neteller and M-Pesa are also available to Kenyan binary options traders. M-Pesa is the local mobile payment solution which handles more transactions within Kenya than Western Union handles worldwide. It is possible to withdraw funds with Skrill using the account currency (US Dollars, Euros, British Pounds), and receive the payment in Kenyan Shillings. Legality & Regulations. What are the legal considerations and regulatory conditions attached to the conduct of the brokerage and trading of binary options in the Kenya? Binary options in Kenya are presently not regulated, as they were omitted in the draft proposal to amend the Capital Markets Act. Trading of binary options is not restricted by the financial authorities in Kenya. Therefore, Kenyans an open accounts and trade with offshore binary options brokers. It is presently unclear if there are any financial controls instituted by the Kenyan Central Bank with regards to overseas remittances. Here are the frequently asked questions that most people have about trading binary options in Kenya. Answer: The trading of binary options is presently not prohibited in Kenya, making it legal to do so in Kenya. Is it safe to trade binary options in Kenya? Answer: The tendency to use bonuses among Kenyan binary options traders is an issue, as many Kenyan traders open accounts with unregulated entities offering bonuses. The issuance of bonuses as opposed to regulation seems to be the main selection criteria among traders in Kenya.
While it is safe to trade binary options in Kenya, this is only the case when regulated binary options brokers are used. As a Kenyan citizen, am I allowed to trade binary options with offshore brokers? Answer: Kenyan traders can trade with offshore binary options brokers. This is because there are no laws guiding the conduct of binary options in Kenya, which is not the case with the forex market where the CMA has come out to lay clear-cut rules and regulations. How does M-Pesa support deposits and withdrawals in Kenya with regards to binary options? Answer: M-Pesa has been integrated into Skrill. Therefore, it is now possible to deposit with, and withdraw Kenyan Shillings from your binary options broker using M-Pesa, routing this transaction through the Skrill payment system. Are Kenyan binary options traders allowed to use digital wallets? Answer: Kenyan binary options traders are allowed to deposit and withdraw funds using Skrill, Neteller, Payza and a host of other digital wallets. A popular local digital wallet is M-Pesa. Is it possible for binary options traders in Kenya to transact on binary options platforms using PayPal?
Answer: PayPal does not support top binary options brokers except those in the US, Australia and UK. These are areas where there is no access for Kenyan binary options traders. Therefore, Kenyan binary options traders cannot use PayPal in depositing or withdrawing funds on their platforms. Best Binary Options Brokers in Kenya. With the absence of binary options brokers in Kenya, Kenyan traders are left with no other choice than to trade with offshore brokers, some of whom are based in Cyprus, Seychelles and Mauritius. The top binary options brokers in Kenya are as follows: It is obvious that binary options trading in Kenya is still at the rudimentary stage. Without any regulations or laws governing binary options trading in Kenya, local traders are left with no choice than to patronize offshore brokers. Kenya has a large youthful and tech savvy population. Nearly everyone in Kenya owns a mobile phone. There is a huge potential in terms of expansion of the binary options market in Kenya. It is left to see if any offshore brokers will take up the opportunity to open shop in Kenya. The presence of a well-managed and widely distributed payment system such as M-Pesa will definitely boost binary options brokerage business in Kenya. NOTICE.
BinaryTrading. org has financial relationships with some of the products and services mentioned on this website, and may be compensated if consumers choose to click on our content and purchase or sign up for the service. – U. S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to BuySell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. unlike an actual performance record, simulated results do not represent actual trading. also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. no representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Please note: All content on this website is based on our writers and editors experiences and are not meant to accuse any broker with illegal matters.
The words Scam, blacklist, fraud, hoax, sucks, etc are used because all content on this website is written in a fictional, entertainment, satirical and exaggerated format and are therefore sometimes disconnected from reality. All readers must personally judge all content and brokers on their own merits. Additionally, visitors comments are not moderated other than the obvious link spam. People lie. Use your discernment. DISCLAIMER: Trading binary options is extremely risky and you can lose your entire investment. Only deposit and trade with money you can afford to lose. Always refer to local laws, jurisdictions and authorities before performing any action on the internet. The content on this website is NOT financial advice and by use of this site you agree to hold us 100% harmless for any loss. Binary Options Kenya. Over the past few years, binary options trading in Kenya has become immensely popular. With the high returns and easy to trade format, trading the financial markets is now accessible to anyone with access to the internet. So how easy is trading binaries in Kenya?
For those of you in Kenya who are new to online trading, the answer is easier than you may think. All that is required is for the investor who is interested in trading to first register a trading account with a broker and then fund that trading account. Within minutes, you will be on your way to hopefully pulling in gains and certainly learning the intricacies of this interesting trading type. A word of caution though, not all brokers are created equal. While it is easy to sign up with any firm, it is a different story when it comes to finding a reliable firm to trade with. Although binary trading in Kenya is not illegal, there is a lack of Kenyan based brokerage houses due to the lack of regulation governing trading in Kenya. To help our readers find a firm which they can trust and depend on for trading binaries, we have shortlisted a few companies that are ideal. These brokerage firms are shortlisted based on certain criteria such as: Established reputation and regulated Transparent with a dedicated customer support ready to assist traders in Kenya 247 High returns with a wide range of financial instruments to trade with. Best Brokers in Kenya. While binary trading in Kenya can be a very lucrative endeavor, it is important to remember that a large part of a trader’s trading success will depend on the broker the trader signs up with. There is a big risk that you might not be able to get your money back if you deal with the wrong company.
To help our readers avoid the mistake of dealing with scam binary options brokers, we have compiled a list of recommended brokers that are best suited for traders based in Kenya. Recommended Trading Platform. Top Binary Options Broker. In Kenya, general over the counter trading regulation is practically nonexistent as with many other emerging parts of the world, where this alternative form of investment has became popular. This is largely due to the fact that binaries are a recent market innovation for the online retail trading industry. Structured in such a way that they have only 2 possible outcomes, binaries have managed to simplify the process of trading the financial markets to the extent that most people should be able to grasp the investment principle behind this trading type. In Kenya, the main regulatory body for the financial industry is the Capital Markets Authority (CMA). Established in 1989, the CMA is an independent body that has been tasked with monitoring, licensing and supervising the market intermediaries in Kenya. The regulatory oversight of the CMA also extends to the Kenyan central depository and settlement system and Stock Exchange. Its main responsibilities extend to: The development of the capital markets with particular focus on creating incentives and removing hurdles that impede long term investments in the capital markets. The facilitation of nationwide access to brokerage services and the stock market to encourage wider participation by the general population in the stock market. The creation and regulation of stable and transparent market where securities can be traded efficiently and in an orderly manner. Protecting the interests of investors Management of a Compensation fund scheme to protect investors from suffering losses due to the failure of an authorized and regulated broker Development and facilitating the use of fintech to develop the Kenyan financial markets. As mentioned earlier, binary trading in Kenya is considered a legal and legitimate investment activity by the CMA.
However as the online financial trading industry in Kenya is still in its infancy, the regulatory framework for regulating online trading activities does not yet exist. Essentially this means that the online binary options industry in Kenya while legal is unregulated. Nevertheless, the CMA recently announced plans to develop a legal framework that will address online trading. The proposed amendments to Capital Market Act include requiring all individuals or entity involved in providing financial trading services be licensed by the CMA. The main purpose of this amendment is to help create a more secure online trading environment for Kenyans in general. As for now, the best alternative for Kenyan binary traders is to deal with offshore brokers who are regulated by reputable financial regulatory bodies such as the Cyprus Securities Exchange Commission (). Deposit Methods Available In Kenya. In Kenya, bank wire transfer and credit cards transactions are widely accepted. Hence, Kenyans traders will have no difficulties in funding their trading accounts using their credit cards or through bank wire transfers. With a population that is highly mobile connected, eWallets are also becoming more popular among Kenyans. However the choices of eWallets available as a payment transfer method will depend largely on whether the broker serving them is geared towards traders in Africa or Europe. Is it legal to trade binaries in Kenya? Yes.
There are currently no regulations governing binary trading in Kenya. No. Regulations for regulating this trade type in Kenya do not yet exist. To trade binaries in Kenya, the best option is for Kenyan traders to sign up for a trading account with a regulated brokerage house that is based offshore. Best Binary Options Brokers. Best Education Broker. Your capital is at risk. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved. Trading Binary Options on Weekend. The stock exchanges in Europe and the USA are closed on weekends. Even though it sounds reasonable to take a break after hectic work for five days, there are people who wish to earn a credible extra income during weekends. However, weekend ultra short-term investment opportunities were practically nil until a decade before.
Even Forex brokers do not allow trading in the OTC markets during weekends. All this changed with the advent of binary options. Low cost internet facility, advanced trading platforms, and availability of servers able to process tens of thousands of trades in a fraction of a second has opened a plethora of opportunities to trade on weekends. However, the immediate doubt that comes to the mind of a novice trader is how far those claims are real? This article makes an attempt to study the possibilities of trading binary options on Saturday and Sunday. Weekend Options Offered for Trading. On the basis of expiry, all the contracts offered for trading on weekends can be categorized into two types. Contracts that expire the same day. Most of the binary brokers offer option contracts that have a short-term expiry period (from 30 seconds to 1 hour). The short-term contracts are usually offered under the section of highlow contracts and can be traded over the weekends. A wide range of assets, including currencies, and indices, are offered for weekend trading. As of today, there are only two cryptocurrencies that are offered for weekend trading via binary options.
They are Bitcoin and Litecoin. The binary broker Finpari offers Bitcoin trading, while ExpertOption offers both Bitcoin and Litecoin trading. In the Middle East, several well-known stock exchanges remain open during the weekends. Most of the popular binary brokers offer contracts based on the indices of those exchanges for trading. The list includes Tel Aviv 25 Index (TA 25, Israel), DFM General Index (DFMGI, Dubai), Tadawul Index (TASI, Saudi Arabia), and Kuwait Stock Exchange Index (KWSEIDX). Barring Tel Aviv index, the binary broker Boss Capital and TradeRush offers trading in all other Middle Eastern indices listed herewith. However, Opteck and WYNN Finance offer Tel Aviv 25 index among other weekend-traded indices for trading. The most common currency pairs offered by binary brokers for weekend trading are AUDUSD, GBPUSD, USDJPY, EURJPY, USDCAD, and USDCHF. TropicalTrade, WYNN Finance, and Porter Finance offer weekend trading in major currency pairs. Notably, spot Forex brokers do not permit weekend trading in currency pairs. This is mainly due to the lack of liquidity as major financial institutions remain closed during weekends. Until 2014, most of the binary brokers were offering weekend trading only in Bitcoin and indices of Middle Eastern stock exchanges. As competition intensified, brokers started offering currency pair binary options for trading on weekends.
The quotes are usually derived from dark pools of major institutions. These dark pools are open for trading even on weekends. For example, Panda Trading Technologies (Panda TS headquartered in Israel) is an established provider of quotes (Forex and gold) to binary brokers on a 24 basis. The company gets quotes from two dark pools based in Asia. Contracts that close in the coming week. During weekends, binary brokers also offer contracts that have an expiry period of between 24 hours and many days. Three kinds of contracts are usually offered. One-touch option contracts. These contracts have either a target price above or below the traded price of the asset in the market. As long as the price violates the target level, the trader will be credited the option’s return value. One-touch option contracts have an expiry period ranging from one day to many days. Anyoption, Porter Finance, and Opteck offer weekend one-touch option trading.
Ladder option contracts. They are similar to one-touch option contracts but with multiple target levels. The return increases as the price violates each of the higher levels. They may have an expiry period ranging from one to many days. Finpari, CherryTrade, and TR Binary Options offer ladder option contracts that can be bought during weekends. As told earlier in this article, normally highlow contracts expire in 24 hours. Two of the well-known brokers offering highlow contracts during the weekend are 24option and TopOption. In addition to the assets mentioned in the earlier paragraph, some of the brokers (24option, Redwood Options for example) offer trading in binary contracts based to Nikkei 225 futures, Dow Jones 30 futures, FTSE 100 futures, and gold. The contracts related to these assets can be bought during weekends. However, the contract will expire only during regular trading days. Returns on Weekend Trading Options.
For the highlow contracts having an expiry period in the range of 30 seconds to 10 minutes, returns offered by binary brokers range between 65% and 78%. On the other hand, for highlow contracts with an expiry period of 24 hours, returns of up to 81% can be found. A successful one-touch option trade would result in a profit of between 110% and 250%, depending on the target. Finally, ladder options carry a reward of up to 600%. There are exceptions to these rules as returns are decided purely by brokers without external intervention or clearance from any kind of governing body. Expertise Required to Trade on Weekends. There is no need to have any kind of special expertise to trade on weekends. Having said that, we also wish to caution that a binary trader should take into consideration the economic news releases that are scheduled to be announced later that week in cases when chosen contract does not expire the same day. Weekend trading is a novel concept, which is quickly gaining popularity among part-time traders. However, before venturing into weekend trading, a trader should develop a profitable trading method in order to avoid the loss of capital. News Feed. New Brokers. Binary options trading involve risk.
Although the risk of executing a binary options open is fixed for each individual trade, it is possible to lose all of the initial investment in a course of several trades or in a single trade if the entire capital is used to place it. It is not recommended to base your investment decisions on any information presented on or originating from BinaryTrading. com. By browsing this website you express your acceptance of the terms of this disclaimer and that BinaryTrading. com cannot be deemed responsible for any losses that may occur as a result of your binary option trading. BinaryTrading. com is not licensed or registered as a financial consultant or adviser. BinaryTrading. com is neither a broker, nor funds manager. The website does not provide any paid services. All content of BinaryTrading. com is presented for educational or entertainment purposes only.
General Risk Warning: Trading in Binary Options carries a high level of risk and can result in the loss of your investment. As such, Binary Options may not be appropriate for you. You should not invest money that you cannot afford to lose. Before deciding to trade, you should carefully consider your investment objectives, level of experience and risk appetite. Under no circumstances shall we have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to Binary Options or (b) any direct, indirect, special, consequential or incidental damages whatsoever. Trading binary options on Weekends – How to guide. The binary options market has become quite active and vivid in the past several years. Previously, the market was limited to business day trades only, and weekends were closed for business. But with the onrush of different binary options companies and the competition in the market, more and more options brokers leave the trading window open over the weekend. Weekends offer great potential to profit and to gain even 400% back on the options market. The weekend trading is beneficial for several reasons.
First, traders usually have not enough time to devote to their trading career over the week, so weekend trading represents a great way to compensate for all missed trades during the long work week. Do not get me wrong here, since traders could always place weekend trades via their brokerage companies, but yet, these trades were not executed until Monday or the first business day. Traders had to patiently wait for the market to open in order to see whether they have won or lost their investment. The binary options market was sleeping for a long time on the weekend, but now, options firms recognized the significance of running the market 247. Why You Should Trade on Weekends. If you are an options trader, now you get the chance to use your weekend wisely and earn some money. Weekend trading can generate your profits, even more than trading during the week, since you have got more time, you can focus better, and you can use the weekend price movements to your benefit. There are very lucrative trades on offer during weekends, and you should definitely try your luck since the market is not yet overwhelmed by the number of weekend traders given that it is a new trend still in progress, which leaves you enough room to spot the best trade offers. Where to Trade on Weekends? We have already mentioned that some binary options brokers let you trade on weekends with actual weekend expiry dates, i. e. expiry dates which do not wait until Monday to close automatically. Still, some brokers offer weekend trading, but they limit it to a handful of options. These brokers will let you trade at least HighLow options with expiry dates of 30 and 60 seconds, so if it does not cut it for you, you might want to look up brokers who offer a greater variety. It is not uncommon that options brokers also offer touch options during the weekend with a week-long expiry date, which means that your trade would close next week, but on a weekend day.
Some of the most popular brokers offer binary options trading on weekends, so if your current broker is closed for the weekend, you might open a new account with a new broker. Middle East Markets and Their Influence on Western Options Brokers. Weekend brokers might not be mainstream yet, but you still have an alternative to use your weekend for binary options trading. Check out the Middle East markets which have a different weekend policy. Namely, their weeks start on Sunday and end on Thursday, or last from Wednesday to Sunday. This means that you have a completely new market to trade in regardless of the weekend. In the end, it is not weekend for the Middle Easterners. Many western binary options brokers have tried to make their breakthrough in these markets as well, and their major stimulators to attract new clients were swap-free or Islamic accounts, 247 trading to match the working hours of the Middle East traders, and they also added a couple of local indices and stocks to their service package. This method and marketing plan seemed to have worked since there is rarely an options broker who does not offer a swap-free account or Arab indices. The new work policy also benefited regular western traders who can now finally trade on weekends with local options companies. Still, it is always good to keep an eye on what is happening in other markets as well, so you should not abandon the Asian market completely.
The binary options markets shifted to a big global community, and such a course of events has to be followed by adapting to traders’ needs, not only local but from around the world. As we can see, weekend trading is one of the outcomes of the globalization process in the binary options market. The Best Weekend Options Brokers. IQoption has been the options broker number 1 for a very long time now, and there is rarely an options trader who did not hear about IQoptions. The industry forerunner is also one of the best brokers for weekend trading since it offers active trades throughout the weekend as well. IQoptions was also one of the first brokers to expand worldwide and to enter other markets as well, which means that the broker offers a variety of choice when it comes to trading assets including on weekends. Click here to read our IQOption review. IQ Option is one of the most reliable and secure brokers and a safe haven for all traders. This broker is regulated by and offers options for as low as $1, plenty of stock options and a great trading platform! Retail FX. This exclusive report aims to serve as a manual, answering all of the questions on the Chinese multi-asset trading industry that you were always afraid to ask. The following terminology applies to these Terms and Conditions, Privacy Statement and Disclaimer Notice and any or all Agreements: "Client", “You” and “Your” refers to you, the person accessing this website and accepting the Company’s terms and conditions.
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These terms and conditions form part of the Agreement between the Client and ourselves. Your accessing of this website andor undertaking of a booking or Agreement indicates your understanding, agreement to and acceptance, of the Disclaimer Notice and the full Terms and Conditions contained herein. Your statutory Consumer Rights are unaffected. © Finance Magnates 2015 All Rights Reserved. Trading on Saturday and Sunday? Weekend Binary Options Cover Them All. Some binary options brokers have been offering trading on weekends for more than two years, targeting and even creating a. Weekends have been sacred for many decades in the financial world. Whether it is a natural disaster, a terrorist attack or any other game-changing event, as far as the markets were concerned it could wait till Monday. But with the increasing pace of globalization, markets outside of the Tokyo-London-New York frame have grown in influence, importance and access. The binary options industry has been on the forefront of taking advantage of this diversification and given the nature of the trading instruments they offer, they’ve managed to carve out a new niche. The prime example for this comes from countries in the Middle East that have weekdays running from Sunday to Thursday and Saturday to Wednesday. Brokers and platform providers in the forex space have also been seeking to seize opportunities in these markets by offering swap-free accounts, seven days trading week and a batch of local stocks and indices.
The largest and most commonly traded indices of this sort are: Tadawul Index – the Saudi Arabian index, representing the largest economy in the area is found in the largest number of brokers offering weekend trading. Tel Aviv 25 – commonly referred to as TA25, it covers the 25 largest Israeli companies. It is the only exchange in the country and represents some quite interesting names from a country with dynamic IT and pharmaceutical industries. DFM Index – among the major regional exchanges, it has some of the largest players in the United Arab Emirates. Kuwait Stock Exchange – Kuwait has a relatively diverse economy and its stock exchange has companies from the financial, real estate and insurance sectors. Saudi Arabia has shifted its workweek to be in sync with its neighbors providing better access for more regional and international investors and traders. They are also making steps toward full access for foreign investors in the local exchange and economy, which will make it more liquid. Cryptocurrencies and Weekend Options. Cryptocurrencies such as Bitcoin and Litecoin also have binary options offered for them, as they are effectively traded 247, being largely an Internet creation. While quite understandably they are overshadowed by the major currency pairs during the week, they do receive their fair share of attention come late Friday. Some binary providers also offer so-called weekend options that start at the end of US trading on Friday and last until Monday morning’s open in Europe. These were designed specifically to cover events that happened on weekends, such as economic data coming out of China and political events that have an impact on markets, such as G-7 meetings or similar.
With regular binary options and TouchNo Touch ones, it was a mainstay of the weekend offering, but is rarely found today. Long-term options are almost universally present on binary broker websites. Although the least exciting, they do allow a certain detachment from the humdrum of daily news and emotions and can provide a good entry point for monthly, quarterly or similar trades. The weekend variety of binary options has managed to develop its own specific set of fans, either traders with other full-time jobs or those who actually prefer the markets on offer. The above mentioned indices have their own dynamic of news events and sources, albeit being largely influenced by the major ones, and the newer Bitcoin and its siblings still representing an exciting challenge and opportunity, regardless of the smaller volume over Saturday and Sunday. Weekend binary options are definitely something that many traders have noticed, but either find them too exotic, or simply prefer to trade more liquid markets that they know more about. With so many possibilities for development, anyone who manages to capture the imagination of the people within the target group, will also be able to expand and profit from it. Breaking: ESMA Prepares to Prohibit Binary Options, Cut Forex Leverage to 1:30 or Lower. Exclusive: Brokers Start Shutting Down Crypto CFDs Due to One-Sided Market. South Korean Banks Backing Off from Bitcoin. 2 Comments on "Trading on Saturday and Sunday? Weekend Binary Options Cover Them All" … and card data leaked according to a announcement made by local regulators. While not as high as 40 million compromised cards as with the Target data breach, the number is significant to South Korea as its entire population … i have been demo trading for 2 weeks, i have noticed the usjpy trades friday night to Sunday.
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