What is forex binary options redwoods

Trading Forex With Binary Options. Binary options are an alternative way to play the foreign currency (forex) market for traders. Although they are a relatively expensive way to trade forex compared with the leveraged spot forex trading offered by a growing number of brokers, the fact that the maximum potential loss is capped and known in advance is a major advantage of binary options. But first, what are binary options? They are options with a binary outcome, i. e., they either settle at a pre-determined value (generally $100) or $0. This settlement value depends on whether the price of the asset underlying the binary option is trading above or below the strike price by expiration. Binary options can be used to speculate on the outcomes of various situations, such as will the S&P 500 rise above a certain level by tomorrow or next week, will this week’s jobless claims be higher than the market expects, or will the euro or yen decline against the US dollar today? Say gold is trading at $1,195 per troy ounce currently and you are confident that it will be trading above $1,200 later that day. Assume you can buy a binary option on gold trading at or above $1,200 by that day’s close, and this option is trading at $57 (bid)$60 (offer). You buy the option at $60. If gold closes at or above $1,200, as you had expected, your payout will be $100, which means that your gross gain (before commissions) is $40 or 66.7%. On the other hand, if gold closes below $1,200, you would lose your $60 investment, for a 100% loss. Buyers and Sellers of Binary Options. For the buyer of a binary option, the cost of the option is the price at which the option is trading. For the seller of a binary option, the cost is the difference between 100 and the option price and 100. From the buyer’s perspective, the price of a binary option can be regarded as the probability that the trade will be successful.

Therefore, the higher the binary option price, the greater the perceived probability of the asset price rising above the strike. From the seller’s perspective, the probability is 100 minus the option price. All binary option contracts are fully collateralized, which means that both sides of a specific contract – the buyer and seller – have to put up capital for their side of the trade. So if a contract is trading at 35, the buyer pays $35, and the seller pays $65 ($100 - $35). This is the maximum risk of the buyer and seller, and equals $100 in all cases. Thus the risk-reward profile for the buyer and seller in this instance can be stated as follows: Buyer – Maximum risk = $35. Maximum reward = $65 ($100 - $35) Seller – Maximum risk = $65. Maximum reward = $35 ($100 - $65) Binary options on forex are available from exchanges like Nadex, which offers them on the most popular pairs such as USD-CAD, EUR-USD and USD-JPY, as well as on a number of other widely traded currency pairs. These options are offered with expirations ranging from intraday to daily and weekly. The tick size on spot forex binaries from Nadex is 1, and the tick value is $1. The intraday forex binary options offered by Nadex expire hourly, while the daily ones expire at certain set times throughout the day. The weekly binary options expire at 3 p. m. on Friday. In the frenetic world of forex, how is the expiration value calculated? For forex contracts, Nadex takes the midpoint prices of the last 25 trades in the forex market, eliminates the highest five and lowest five prices, and then takes the arithmetic average of the remaining 15 prices.

From December 15, 2014, for forex contracts, Nadex has proposed to take the last 10 midpoint prices in the underlying market, remove the highest three and lowest three prices, and take the arithmetic average of the remaining four prices. Let’s use the EUR-USD currency pair to demonstrate how binary options can be used to trade forex. We use a weekly option that will expire at 3 p. m. on Friday, or four days from now. Assume the current exchange rate is EUR 1 = USD 1.2440. Consider the following two scenarios: (a) You believe the euro is unlikely to weaken by Friday, and should stay above 1.2425. The binary option EURUSD>1.2425 is quoted at 49.0055.00. You buy 10 contracts for a total of $550 (excluding commissions). At 3 p. m. on Friday, the euro is trading at USD 1.2450. Your binary option settles at 100, giving you a payout of $1,000. Your gross gain (before taking commissions into account) is $450, or approximately 82%. However, if the euro had closed below 1.2425, you would lose your entire $550 investment, for a 100% loss. (b) You are bearish on the euro and believe it could decline by Friday, say to USD 1.2375. The binary option EURUSD>1.2375 is quoted at 60.0066.00. Since you are bearish on the euro, you would sell this option. Your initial cost to sell each binary option contract is therefore $40 ($100 - $60). Assume you sell 10 contracts, and receive a total of $400. At 3 p. m. on Friday, let’s say the euro is trading at 1.2400.

Since the euro closed above the strike price of $1.2375 by expiration, you would lose the full $400 or 100% of your investment. What if the euro had closed below 1.2375, as you had expected? In that case, the contract would settle at $100, and you would receive a total of $1,000 for your 10 contracts, for a gain of $600 or 150%. Additional Basic Strategies. You do not have to wait until contract expiration to realize a gain on your binary option contract. For instance, if by Thursday, assume the euro is trading in the spot market at 1.2455, but you are concerned about the possibility of a decline in the currency if US economic data to be released on Friday are very positive. Your binary option contract (EURUSD>1.2425), which was quoted at 49.0055.00 at the time of your purchase is now at 7580. You therefore sell the 10 option contracts you had purchased at $55 each, for $75, and book a total profit of $200 or 36%. You can also put on a combination trade for lower risklower reward. Let’s consider the USDJPY binary option to illustrate. Assume your view is that volatility in the yen – which is trading at 118.50 to the dollar – could increase significantly, and it could trade above 119.75 or decline below 117.25 by Friday. You therefore buy 10 binary option contracts – USDJPY>119.75, trading at 29.5035.50 – and also sell 10 binary option contracts – USDJPY>117.25, trading at 66.5072.00. Therefore, you pay $35.50 to buy the USDJPY>119.75 contract, and $33.50 (i. e., $100 - $66.50) to sell the USDJPY>117.25 contract. Your total cost is thus $690 ($355 + $335). Three possible scenarios arise by option expiration at 3 p. m. on Friday: The yen is trading above 119.75 : In this case, the USDJPY>119.75 contract has a payout of $100, while the USDJPY>117.25 contract expires worthless.

Your total payout is $1,000, for a gain of $310 or about 45%. The yen is trading below 117.25 : In this case, the USDJPY>117.25 contract has a payout of $100, while the USDJPY>119.75 contract expires worthless. Your total payout is $1,000, for a gain of $310 or about 45%. The yen is trading between 117.25 and 119.75 : In this case, both contracts expire worthless and you loss the full $690 investment. Binary options have a couple of drawbacks: the upside or total reward is limited even if the asset price spikes up, and a binary option is a derivative product with a finite time to expiration. On the other hand, binary options have a number of advantages that make them especially useful in the volatile world of forex: the risk is limited (even if the asset prices spikes up), collateral required is quite low, and they can be used even in flat markets that are not volatile. These advantages make forex binary options worthy of consideration for the experienced trader who is looking to trade currencies. Redwood Options Broker Review. Redwood Options is a top binary options broker which comes fully loaded. 60 Second Binary Options Low Minimum Trade at $5 Up to 81% Returns Up to 100% on your First Deposit. Redwood Options Review & Details. Redwood Options binary options broker has been established for a few years now. But at first glance you might think it’s fairly similar to some of the other binary broker offerings online, but look closer and you’ll find yourself happily surprised.

It still has a little work to beat the big boys at the table, but in many ways it has more to prove and more to offer it’s binary options traders than the more established brands. Because what Redwood Options is proving is that being still relatively new to the market doesn’t mean that it’s platform should lack in trading features. Oh sure, it might lack some of the razzle dazzle of the bigger brands, but what’s important here is the trading options it provides. Here you’ll find some of the best option types we’ve come to expect, such as the One Touch and 60 Second Options , but what makes it stand out from the rest is their Open Platform . This allows you to see the whole binary options trading environment beautifully and gives you insights into what other traders are doing, bringing a social aspect into the binary options market. The Option Builder is a great additional touch allowing you to customise your trades as you go. Select the type of contract you want, the expiry time, financial asset, risk VS profit ratio, and how much you wish to invest, and done! Expert traders will love the greater flexibility and the ability to tailor their trades according to their specific expertise. This Broker Packs a Solid Punch. The range of assets available is decent (over 158 in our counting), including commodities, stocks, indices and forex currency pairs. They have also recently added stock pair trading in to the mix with 24 pairs available. More importantly these, as with the whole trading platform, are easy to navigate and very clear, making trading binary options almost effortless.

An instrumental part of what Redwood Options provides is its up to date financial news and educational section. What it lacks in finesse, it makes up in trying to provide you with the best tools to trade with, including weekly financial market reviews giving you historical insights into what future trades might hit high or low. These financial tools are really indispensable and we found ourselves browsing this section for longer than expected. It’s hard not to make the obvious comparison to the broker TradeRush, which has a similar look and feel, but is a far more established trading platform. That said, the Redwood Options trading platform has started to differentiate itself over and establish itself as the binary options broker of choice. With recent additions including a method advisor where you it automatically analyses recent market data based on your pick of the relative strength index, Bollinger bands or moving average trading strategies. You will then be guided to place a CALL or PUT option based on its recommendation. Another recent addition is the Redwood Options Follow feature where you can follow the trade actions of other successful traders and increase your skills through learning and watching what they do. Then when you are ready you too can profit by copying their trades. An innovative feature that beginners to binary options can easily take advantage of. Financial Assets & Expiry Times. Redwood Options provides an average choice of financial assets to trade from, with its 82 Stocks, 25 Forex Currency Pairs, 7 Commodities and 44 Indices you have a total of 158 tradable assets (when we last checked). They have also recently added 24 stock pairs to the list. It's one of if not the biggest list of assets out there, so for self starters looking for a solid trading platform to trade some of the bigger options, it has enough to keep you occupied.

Since they started back in 2013 they have considerably grown their assets list adding more stocks and indices and currencies to the mix. Their expiry times range from 60 seconds up to around 6 months. Which can accommodate the risk takers and far more patient options traders out there. Weekend trades are limited by the number of assets that are available as some markets close and the One Touch option only has a Monday to Friday options available. Similar to TradeRush, Redwood Options trading platform boasts a return on your investment up to 81%. With the average being around 75% and minimum about 70%. These returns are more than average and more than acceptable, considering the trading platform itself works so well and makes it so easy to trade. New traders will be particularly happy to hear that Redwood Options offer a 10% return on your investment if your option expires Out-of-the-Money. A great little addition for traders just starting out to regain some losses. The minimum deposit amount is 200 EURUSD or 20,000 JPY depending on the currency you choose when you first set up your Redwood Options account. This is a little high in our books, we prefer the more standard 100 EURUSD, but it's not exactly a deal breaker. If you are comfortable trading, chances are this is as good an amount as any to start you off with a new binary options broker. If you like to spend big then the maximum amount available to deposit should make you happy.

You can deposit up to $5,000 USD for Credit Card, $10,000 USD for Western Union and, best of all, unlimited with a wire transfer. The minimum withdrawal amount is 100 EURO or USD (you can pick your currency when you register). The withdrawal procedure is pretty standard for binary options brokers and on your first withdrawal you will need to provide a Photo ID, proof of address and, if you deposited using a credit card, a copy of the card you used. There is no withdrawal fee via credit card however if you choose a bank transfer then a $25 processing fee will be charged. Payment can take up to 3 business days to process the request and a further 5-7 business days for the funds to show in your account, not exactly swift, but a small price to pay. Their customer support team are friendly and helpful, we found little to complain about in our dealings with their knowledgeable staff. That said, Redwood Options loses a fairly large point by providing support, and the whole site, in one language, English. And though they do have local phone numbers available, it's for US and Canada only. That said, you can contact them via their Live Chat 24 hours a day, Monday-Friday, which is great help when you are trading assets all hours. Alternatively you can use their on site contact form or email them directly. Binary Options Mobile Trading. Like all good binary options brokers Redwood Options mobile apps have you covered. Whether you own and Android phone or iPhone they have dedicated native trading apps for you to download to maximise your binary options trading experience.

These binary option apps don't reduce the amount of features available to you, you can make secure deposit and withdrawals, view your trading history and make trades using their intuitive mobile platform. You'll find it beneficial to keep on top of your options wherever you are. Free Financial Tools & Features. Redwood Options shines in the education financial tools and features they provide traders. We particularly love that they treat each of their binary options traders like a VIP, giving one-on-one advice and personal forex training - something even the most advanced and established platforms don't provide. Take a look in their Education section of the site and you will find some great educational tools to get you started or keep you on top of your game. They provide an EBook with an extensive background in to binary options, and detailed information covering all areas and factors you need to consider when trading binary options online. this is a fairly standard offering, but it was actually incredibly insightful for a beginners guide to binary options trading and would recommend for new traders. When you sign up you can get access to their binary options Video Academy where you can learn more, from the basics to more advanced strategies and tips they can help beginners and more advanced traders alike. If you want a sneak peak they do offer two free to view videos including, Introduction to Binary Options and Trading Psychology, but you will have to register to see more. Registering is free and does not require a deposit to access the academy, so it's worth taking the couple of minutes to do so. - 60 second binary option trades. - Stock Pair trading - Free iPhone & Android trading apps Free Tools - Free Downloadable E-Book. - Financial news & Market Review.

- Live data feed from Reuters. Overall Redwood Options is one of the best binary options brokers to newly emerge on the market. It is still quite new, and lacks some of the finer features we've come to expect from the bigger brokers. Multiple languages and more local phone numbers would have been good. But we still feel this new broker deserves your interest. It's intuitive navigation, fantastic financial tools and a great range of financial betting options, make this one to watch out for. With its 158+ assets, 60 seconds and One Touch trade options along with it's Option Builder for customized trades, it can be a great choice for new and advanced traders alike to use. Worth a look in our opinion. Click the button below to sign up and learn more at Redwood Options. - Free training for beginners. - High return rates up to 81% - Intuitive broker platform Binary Option Insights | Rating 4. More Top Binary Options Brokers.

We use cookies for your improved experience. By using our site you agree to the use of them. OK. REDWOOD OPTIONS REVIEW. ANYOPTION REVIEW. Being a Binary Options trader does not mean you are going to have to make any compromises what so ever for we have a complete listing of some of the very best trading sites available throughout our website and one such site which we think is going to live up to every traders very high expectations is the Redwood Options which has recently been added to our listing of the top Binary Options trading sites. With many onetime online gamers now looking for more sustainable profits we are finding more and more of them are choosing to move their action onto the Binary Options trading platforms and as such we are more than happy to showcase them to you so keep on reading to find out what qualities have made this a site we are more to introduce to you. Benefits of Using the Redwood Options Site. You could with some skill and practice make sustainable profits when you sign up and start to use the Redwood Options Binary Options trading site, these profits can be as large as 85% and with plenty of different trades available and want just one site to trade at but one that offers you the full package then we are more than happy to recommend to you this leading trading site. Signing up has been made as easy as is possible for all traders, and the registration procedure takes around a minute or two and once completed you will then be able to log into your account at any time and from anywhere in the world and start trading instantly. In case you are wondering just how diverse their banking options are, then we are pleased to let you know they have a massive range of them available to traders and unlike other sites that can charge a small fortune for making a deposit or withdrawal from their respective sites the banking options offered at the Redwood Options are low cost and as such you will not find your trading budget or any profits that you do make being swallowed up with high fees or high charges! Get on over and take a look at the layout of the Redwood Options website for it is packed with values guides and news articles that will possibly be able to point you in the right direction in regards to just which types of binary Options you should be looking to place today! Redwood Options Trading Opportunities. Let us now take a quick look at what is going to be available to you by way of actual Binary Options trading opportunities if you do decide to utilize the service of this state of the art Redwood Options trading site.

You will find a massive number of Forex trades can be performed at any time of the day or night and you will not just be forced to pair other currencies up with Pounds for you are going to be able to link any two world wide currencies together and as such will be free to choose just which ones you trade against each other, so if you are a forex trader you will certainly not be left disappointed by the trading options offered at the Redwood Options site. You will of course be able to trade Binary Options on all of the many different stock exchanges, and trading on indices is proving to be the most popular trading opportunities for Binary Options trader, and no matter which indices you are looking to trade you will be able to do so instantly and with no delays or fuss at the Redwood Options Binary Options broking and trading site. If you are the type of trader who much prefers to trade stock values as your chosen Binary Options trades then you really ought to get over to the Redwood Options site for you will not find another trading sites offering as a large a collection of stock options as you will find at this site. You can set up a new account in no time and as mentioned above they offer lots of banking options to enable all customers to be able to fund their accounts quickly and easily. Forex Versus Binary Options. The rising popularity of online trading has mostly been centered in the Forex and binary options markets . So, many new traders find themselves interested in both but not sure which is better suited to their trading style and investment goals. This information can also be helpful for traders looking to make the transition from one market to the other , as there is a certain amount of readjustment that must be undertaken in order to successfully make the transition. Since changing from one market to another can lead to potentially costly mistakes, it makes sense to look at a comparison of both in order to determine which market is mostly likely to lead to consistent returns for your individual financial approach. Here, we will look at some of the pros and cons of the binary and Forex markets as they relate to Risk Management, Trading Accessibility, and Potential Profitability.

One of the most critical factors when comparing the Forex and binary options markets can be seen with the differences in risk management. Most experts will agree that Forex is far riskier than trades with binaries because a contract will always have a guaranteed loss level (which cannot be expanded). In addition to this, the Forex market is typically marked by high leverage, which enhances the possibility of larger gains and losses. For new traders, it is much more common for the risk side to win out when using leverage, so the smaller number of enhanced gains still tends to result in depleted trading accounts. Binary options are an “all or nothing” proposition, but some binary options brokers will refund up to 20% of the capital invested when trades expire out of the money. Another benefit of binary trading is the “rollover” function, which also aids traders in risk management. Rollover allows traders to extend the expiration time of a position that has not yet turned profitable. This, along with the early closure function (enabling traders to close profitable trades before expiration), offers greater flexibility for options positions. Trading Accessibility. Another advantage of the binary market is that it is not as complicated to place trades. The process is generally taken in four steps, with each piece of information entered into a dialog box. This includes: selecting your asset and strike price, selecting your position size (in Dollar terms), selecting the contract expiration, and confirming the trade. In Forex trading, the process is not always this easy. Here, traders must calculate stop and limit orders, position lot sizes, in addition to the asset type and price entry level.

ECN Forex platforms are even more complex, and this complicated trading requirement might be intimidating for new traders. It can be very easy to make a mistake and when this is done with a live account , the results can be costly. With binary options, you will choose between two orders. When trading Forex, you can have as many as 7 or 8 orders to deal with when constructing a single trade. Balancing Risks and Rewards. Binary options have a unique payout structure, and this allows traders to achieve a risk to reward ratio that is much more favorable and put in place automatically when positions are opened. Trades differ from Forex because you know exactly what you stand to earn or lose from before your position is live. This poses a stark contrast with Forex trades, where wins and losses are variable and the outcome is much more difficult to predict. In Forex, the trader is responsible for all of the potential profit and loss calculations, and this makes it easier to make mistakes which could negatively affect your trading account. Additionally, binaries allow you to easily open multiple trades in the same day. This is difficult in Forex because there is no way to know exactly how long a Forex trade will be open.

But, with options, your trading timeframes are clear from the beginning . So, if you enter into an hourly trade, you could easily open and close many trades within a single day. Risk Protection Not Seen in Forex Markets. As the trading environment changes, it is becoming clear that brokers are adapting to cater to the needs of retail traders online. Account sizes are flexible and option contract periods vary from 60 Seconds to 1 month in duration. For traders looking to minimize their risks (and to be completely clear about the potential losses that can be undertaken in any position), options markets offer some guarantees that are simply not seen in the Forex arena. For these reasons, options offer some attractive features that many new traders will view as preferable when compared to Forex. ***Your capital may be at risk. This material is not investment advice.*** Getting nowhere trading? Make Sure You Check Out.

Latest Updates. Binary Options University Must Reads. Thanks for checking out Binary Options University. There is one major topic that must be talked about way up front. RISK! Although you could make a lot of money trading these instruments, it’s also very easy to lose everything you invest. Please understand the Binary Risks before you invest any money. This site is for entertainment purposes and should not be held responsible for any losses you may incur. Advertising dollars are generated by clicking on some of the outbound links. You can learn more about this on our Privacy Policy. Redwood Options Review. Redwood Options was an unlicensed binary options broker owned by Hampshire Capital Ventures Ltd.

, located at Cavell House Stannard Place, Crispons Rd, Norwich, NR3 1YE United Kingdom. Their United Kingdom toll free number is (800) 520-0936. Redwood Platform Review. The minimum deposit at Redwood is $250, maximum returns are 81% and the minimum trade size is $10. Redwood uses the latest SpotOption platform which offers traders over 180 assets to trade. They now offer the iFollow social trading feature, where traders can choose to follow and auto trade other investors trades. Redwood prides themselves on their trader education department. They have live webinars, one on one training for traders, and a library of trading videos and eBooks. When the scam broker investigator looks at a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the in Cyprus gave them a license and if they fall under the MIFId rules in Europe? Redwood Options is not yet licensed by . Traders looking for a licensed broker should read about 24option, or view the top rated brokers, here. What do you think about Redwood Options? Are they a scam broker?

Are they a legitimate broker? Did you have any problems withdrawing your profits from Redwood Options? Please share your review about Redwood in the comment section below. Redwood Options Review. Redwood Options was an unlicensed binary options broker owned by Hampshire Capital Ventures Ltd., located at Cavell House Stannard Place, Crispons Rd, Norwich, NR3 1YE United Kingdom. Their United Kingdom toll free number is (800) 520-0936. Redwood Platform Review. The minimum deposit at Redwood is $250, maximum returns are 81% and the minimum trade size is $10. Redwood uses the latest SpotOption platform which offers traders over 180 assets to trade. They now offer the iFollow social trading feature, where traders can choose to follow and auto trade other investors trades. Redwood prides themselves on their trader education department. They have live webinars, one on one training for traders, and a library of trading videos and eBooks.

When the scam broker investigator looks at a binary options broker to determine if it is a scam or a legit binary options broker, we want to know if a regulator like the in Cyprus gave them a license and if they fall under the MIFId rules in Europe? Redwood Options is not yet licensed by . Traders looking for a licensed broker should read about 24option, or view the top rated brokers, here. What do you think about Redwood Options? Are they a scam broker? Are they a legitimate broker? Did you have any problems withdrawing your profits from Redwood Options? Please share your review about Redwood in the comment section below. i am currently having trouble getting a withdrawal from redwood options after trading the required bonus volume i am now eligble for withdawal but redwood have been proving very difficult to deal with and keep coming uo with all kinds of delays and have not payed me yet and have been trying to get a withdawal for 4 weeks now with no success my account is verified they have my details for deposits and withdraws their accountin department wich can only be contacted by email dont answer any emails when ringing phone consultants they tell you accountings excuses i dont where to go with this now and any one ouyt there who has any ideas on how to deal with this problem i would greatly appreciate your replys other than that i can only suggest to people considering redwood options to try someone else if i end up getting my money from redwood i will post here again. Same with me Redwood is the worst I have ever come across, one minute they want wire details, then they can’t wire due to issues, then they don’t have a wire capability anymore, a 3 legged dog could initiate a wire transfer, they don’t reply to emails, I am constantly chasing for a reply. Best Forex Brokers. Best Bitcoin Brokers. Forex Investing Scams. Automated Trading Software.

Complaints About Brokers. Best Bitcoin Brokers. Forex Investing Scams. Automated Trading Software. Complaints About Brokers. Popular Broker Reviews. eToro Review. Plus500 Review. Watch 15 Second Video! Copyright © 2013 - 2017 Scam Broker - Information about Investing Scams and Reviews of Over 300 Forex, Crypto and Binary Options Brokers. Disclosure: The website does not offer investment advice.

The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. ScamBroker. com is a review website, and is not responsible for any losses you may incur by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Nothing on this website should be considered a recommendation or endorsement. Forex, Bitcoin & CFD Trading is very risky, and you can lose your entire investment. Always verify that the company you choose to invest with, is licensed and regulated by your local financial regulator. Redwood Options Scam Review. We put a lot of work into writing our Redwood Options review and recommend the best and safest brokers in the business. So does Redwood Options Scam? No they don’t.

Redwood Options provides a good service to our readers. Choosing a good binary options broker isn’t always an easy task and this is why we try to aid out readers by listing brokers we believe are the best. Redwood Options has been on the market for almost a year now. There have been no reports of any fraudulent activity with Redwood Options. Redwood Options scam and complaints are not existing to our knowledge. More so, Redwood Options offers customer support not only to English speaking clients, but also to clients who speak Russia, French, Spanish or Greek. With this many language options, Redwood Options ensures that all clients’ need are easily met. This way they also avoid a lot of misunderstandings that can happen sometimes. Redwood Options uses simple and easy to use SpotOption software which can be used straight from the browser. Sometimes customers believe that brokers manipulate their software to show losses, but that isn’t the case with Redwood Options.

It uses a credible platform, it has been in the business for almost a year now and in reality it makes no sense for brokers to manipulate softwaretrades. All options are based on assets that are traded in the global markets. Prices are reported and used daily by millions of big and small investors, not just for binary options trading. A scam wouldn’t last long since every trader can use publicly accessible information and graph tools on various websites to check if the underlying asset really moved the same it did on the binary options platform. If Redwood Options were a scam, we would have known about it a long time ago. Trading binary options is operationally easy, but to do it strategically and with considerable success takes diligence and patience. There are many ways readers considering binary options trade can educate themselves. Fair Binary Options and Redwood Options offer a lot of learning materials as well as brokers that we recommend. These pages are there to ensure that thousand of clients using Redwood Options have access to needed knowledge to succeed. The conclusion to the question “Redwoods Options scam?” No, it’s not and you can always contact us if you feel different. Redwood Options Complaint.

Redwood Options was reviewed by Fair Binary Options (FBO) last in April 2013. Since then, Redwood has been on out trusted brokers list. Redwood Options is one of the best brokers in Binary Options scene, offering very simple trading software based on SpotOptions solutions. The website is well outlined and has a lot of useful features. Since the inception FBO is more than happy to report that no complaints on Redwood Options were placed. Users are generally satisfied with Redwood Options’ services. One of best aspects of their website are the webinars that help traders make better decisions. Senior analysts have contributed in making of these seminars offering their advice in easy to understand form for all Redwood Options customers. Enhancing trust in Redwood Options’ service is the fact that registration doesn’t require credit card data or a deposit. As noted in out review, they have a simple but important verification process to ensure the safety of their clients.

In addition to that, SSL encryption ensures all trades and transfers are safe against digital threats. In helping customers Redwood has set up great customer service that provides 247 support in English. They want to be there for all their customers and that’s why all questions can be directed via email, help chat and phone. International customers will be happy to know that they offer customer support in languages other than English, so support is available in Greek, Russian, French and Spanish. Redwoods great software and website, multilingual customer support, high security standards and easy to use banking have made their customers more loyal and in general satisfied with the service. They also apply international banking standards, thus offering services to US customers as well. The fact that they offer 10% cash back on lost trades is another point for Redwood Options credibility. All these reasons have ensured Redwood Options are one of most trusted brokers that offer great service to their services. This is also why FBO didn’t get any complaints from our visitors regarding Redwood Options. This is why Redwood Options is on our brokers list. Redwood Options Open Account. Redwood Options is one of Fair Binary Options recommended brokers.

In our review you can read about the main strengths of their platform. We liked the fact that the website is not clogged, it is kept fairly simple. Trading platform is the famous SpotOption software that makes it easier for newcomers. We highlighted the fact that Redwood Options offers 10% cash back on all lost trades. Redwood Options makes it possible to trade a wide array of assets including 20 stocks, 12 currency pairs, 7 commodities and 21 indices. A great option is the Option builder that lets you buy 10%80% options meaning that gains can be up to 90%. Other trading modes such as OneTouch are also available. With “double up” and “roll over” users can change the intensity of their exposure before the expiry, depending on their perception how the underlying asset will move. Trading currencies are EUR and USD. Special feature of Redwood Options is the fact that it is open for US citizens as well. Moneybookers are still not available, main depositwithdrawal options are wire and credit card. In order to open an account go to our Redwood Options review and click “trade now”, or to our broker list and click “sign up”. There is no registration fee. Clients can choose the type of the account they think will be best for their trading style. Deposit is not required for registration, you don’t even have to enter your credit card data.

Trading is very secure since Redwood Options uses SSL encryption. Steps to register are: 1. Go to our Redwood page and click “trade now”, or choose Redwood Options in our signup list 2. fill in the required details 3. after submitting you will get an email with verification steps explained. Depositing requires verification so prepare a photo ID and a document (such as utility bill) to verify the address. Copy of credit card will be needed for clients depositing that way 4. After verification, you are ready to trade! Starting with January 1st 2015, US accounts are no longer accepted on the Redwood website. Thus, customers from the US will have to re-think their choices and look for a different platform that can offer specialized services for their particular needs. Redwood Options was launched in 2013 as one of the most ambitious platforms of its type, offering a user-friendly experience and a series of features and benefits that were particularly interesting for US traders. However, things are now changing, which is why it’s important to explain why exactly there is a clear separation between American and the so-called offshore platforms. When hearing that Redwood USA accounts are no longer accepted, many traders imagine that binary options as a whole are not legal anymore. This is not true. Binary options trading is perfectly legal and profitable.

However, US residents can use services of offshore brokers and platforms because there is incompatibility in terms of regulations to Europe. Redwood Options is no longer available for American traders, but there are still plenty of other options that they can take into consideration. Needless to say, it is not surprising that US traders are disappointed, because in its two years of presence on the market, the platform has received no complaints whatsoever. Redwood Options used to be quite popular among US traders and there will undoubtedly be many questions that existing members will like to ask. The platform has a solid and credible customer support system, so if you want to know more about this change, you are encouraged to visit the website and contact support. In fact, the topic of regulated binary options trading platforms available for traders in the United States can be quite complicated, which is why some research is necessary if you would like to know what authorities are in charge of issuing regulations for each continent. Traders from non-US territories can still use the platform as usual, without any restrictions or additional terms. In fact, new bonuses are available now, so traders who are wondering how they can make additional profit should definitely check those out. The platform is overall very straightforward and easy to use and all the positive reviews it has received from traders everywhere clearly show that it’s one of the most solid and reliable options in the long run. Even though Redwood Options is no longer available in US territories, traders can still have many other options to choose from, as there are multiple US-regulated platforms that offer fast and secure withdrawal. Traders should use MagnumOptions instead since this broker accepts US traders and it is founded by the same company. Binary broker lists.

Min. Deposit Sign Up Bonus $10 up to $300. Trusted Forex Broker. Min. Deposit Max. Leverage $250 1:400. Top Trading Platforms. Broker Min. Deposit Min. Investment Reviews $250 $25. Please visit our sponsors. Copyright © 2012-2017 All Rights Reserved Fair Binary Options - de. Disclaimer: This website is independent of binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade binary options. Information on FairBinaryOptions.

com should not be seen as a recommendation to trade binary options or a be considered as investment advice. FairBinaryOptions. com is not licensed nor authorized to provide advice on investing and related matters. The potential client should not engage in any investment directly or indirectly in financial instruments unless (s)he knows and fully understands the risks involved for each of the financial instruments promoted in the website. Is this your final decision ? We suggest you visit one of the popular brokers instead! Help FairBinaryOptions remain fair. Hey there, we noticed you are using AdBlock. While we understand ads can be annoying we rely on the revenue from advertiser to manage our website. Binary Options. 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. "The Company", “Ourselves”, “We” and "Us", refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves, or either the Client or ourselves.

All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner, whether by formal meetings of a fixed duration, or any other means, for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated servicesproducts, in accordance with and subject to, prevailing English Law. Any use of the above terminology or other words in the singular, plural, capitalisation andor heshe or they, are taken as interchangeable and therefore as referring to same. We are committed to protecting your privacy. Authorized employees within the company on a need to know basis only use any information collected from individual customers. We constantly review our systems and data to ensure the best possible service to our customers. Parliament has created specific offences for unauthorised actions against computer systems and data. We will investigate any such actions with a view to prosecuting andor taking civil proceedings to recover damages against those responsible. We are registered under the Data Protection Act 1998 and as such, any information concerning the Client and their respective Client Records may be passed to third parties. However, Client records are regarded as confidential and therefore will not be divulged to any third party, other than Finance Magnates , if legally required to do so to the appropriate authorities. We will not sell, share, or rent your personal information to any third party or use your e-mail address for unsolicited mail. Any emails sent by this Company will only be in connection with the provision of agreed services and products. Disclaimer. Exclusions and Limitations The information on this web site is provided on an "as is" basis.

To the fullest extent permitted by law, this Company: excludes all representations and warranties relating to this website and its contents or which is or may be provided by any affiliates or any other third party, including in relation to any inaccuracies or omissions in this website andor the Company’s literature and excludes all liability for damages arising out of or in connection with your use of this website. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things or you have advised this Company of the possibility of such potential loss), damage caused to your computer, computer software, systems and programs and the data thereon or any other direct or indirect, consequential and incidental damages. Finance Magnates does not however exclude liability for death or personal injury caused by its negligence. The above exclusions and limitations apply only to the extent permitted by law. None of your statutory rights as a consumer are affected. We use IP addresses to analyse trends, administer the site, track user’s movement, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information. Additionally, for systems administration, detecting usage patterns and troubleshooting purposes, our web servers automatically log standard access information including browser type, access timesopen mail, URL requested, and referral URL. This information is not shared with third parties and is used only within this Company on a need-to-know basis. Any individually identifiable information related to this data will never be used in any way different to that stated above without your explicit permission. Like most interactive web sites this Company’s website or ISP uses cookies to enable us to retrieve user details for each visit.

Cookies are used in some areas of our site to enable the functionality of this area and ease of use for those people visiting. Links to this website. You may not create a link to any page of this website without our prior written consent. If you do create a link to a page of this website you do so at your own risk and the exclusions and limitations set out above will apply to your use of this website by linking to it. Links from this website. We do not monitor or review the content of other party’s websites which are linked to from this website. Opinions expressed or material appearing on such websites are not necessarily shared or endorsed by us and should not be regarded as the publisher of such opinions or material. Please be aware that we are not responsible for the privacy practices, or content, of these sites. We encourage our users to be aware when they leave our site & to read the privacy statements of these sites. You should evaluate the security and trustworthiness of any other site connected to this site or accessed through this site yourself, before disclosing any personal information to them. This Company will not accept any responsibility for any loss or damage in whatever manner, howsoever caused, resulting from your disclosure to third parties of personal information. Copyright and other relevant intellectual property rights exists on all text relating to the Company’s services and the full content of this website. All rights reserved. All materials contained on this site are protected by United States copyright law and may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior written permission of Finance Magnates.

You may not alter or remove any trademark, copyright or other notice from copies of the content. All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Opinions expressed at Finance Magnates are those of the individual authors and do not necessarily represent the opinion of Fthe company or its management. Finance Magnates has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions might occur. Any opinions, news, research, analyses, prices or other information contained on this website, by Finance Magnates, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice.

Finance Magnates will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Neither party shall be liable to the other for any failure to perform any obligation under any Agreement which is due to an event beyond the control of such party including but not limited to any Act of God, terrorism, war, Political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man made eventuality outside of our control, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen. Any Party affected by such event shall forthwith inform the other Party of the same and shall use all reasonable endeavours to comply with the terms and conditions of any Agreement contained herein. Failure of either Party to insist upon strict performance of any provision of this or any Agreement or the failure of either Party to exercise any right or remedy to which it, he or they are entitled hereunder shall not constitute a waiver thereof and shall not cause a diminution of the obligations under this or any Agreement. No waiver of any of the provisions of this or any Agreement shall be effective unless it is expressly stated to be such and signed by both Parties. Notification of Changes. The Company reserves the right to change these conditions from time to time as it sees fit and your continued use of the site will signify your acceptance of any adjustment to these terms. If there are any changes to our privacy policy, we will announce that these changes have been made on our home page and on other key pages on our site. If there are any changes in how we use our site customers’ Personally Identifiable Information, notification by e-mail or postal mail will be made to those affected by this change. Any changes to our privacy policy will be posted on our web site 30 days prior to these changes taking place. You are therefore advised to re-read this statement on a regular basis.

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. Binary Options vs. Forex Trading: Understanding the Difference. Forex trading and binary trading are quite different and it is important to understand these differences in order to become. The article was written by Connor Harrison from Binary Brokers (BBZ). BBZ makes an effort to educate their traders so that they can understand recommendations regarding binary options, international legislation, risk management and other issues related to trading. Binary options are option contracts with fixed risks and fixed rewards. In binary options trading, the trader must decide whether an underlying asset, such as a stock, a commodity, or a currency, will go up or down during a fixed period of time. Traders are shown up front the value of their earnings if their predictions are right.

Binary trading works in much the same way as a roulette: if your prediction is wrong, you lose all the money you risked, but if your prediction is right, you receive your money back plus a return. A common set-up is for the trader to make 80% of what they bet on any trade that they get right. For instance, if a trader puts in $10 dollars betting on the value of the USDEURO going up, and the guess is correct, he would receive $8 dollars plus his initial investment. If the value of the same currency drops, however, the trader loses 100% of the money that they put in. Connor Harrison, BBZ. To make money in binary options in the long run, you must win the majority of the bets. Since forex trading allows users to set their own profit targets vs. stop loss orders, traders can still make a profit even if they do not win the majority of their trades. There are of course some similarities between binary trading and forex trading. Both financial trading markets are tradable online, and they both allow users to start trading with small amounts of capital. In both types of markets, users are speculating on which direction an asset moves in. In the case of guessing correctly, both trading options provide strong profit potential. However, there are some differences between binary options and forex. In a binary market, traders only guess whether an asset, such as a foreign currency, will go up or down in value over a fixed period of time. In this sense, there is no variability in the risk or in the profit potential.

The binary market is named after the binary system, in which the only two input options are 1 or 0. Similarly, in binary trading, the only two options are up and down. Higher variability, more risk. Forex markets offer higher variability and more risk for traders. In forex markets, sometimes known as FX markets or currency markets, traders must decide not only in which direction as asset will go, but must also predict how high or low that asset goes. Thus, the ultimate risk and profit is unknown. In forex, there are no limits to how much money a trader can make or lose, unless they use certain tools to control trading. One tool is a stop loss, which prevents traders from losing more than a certain amount. In other words, once the trader has lost a certain amount, the trade automatically closes. Similarly, the potential reward may also be fixed beforehand. The trader can decide that he wants the trade to close once it has reached a certain profit value. The maximum loss in forex would be all the money on your trading account. In forex, both losses and profits can be managed with limitstop orders. Binary trades operate on specific timelines.

The trader has no control over when a trade begins or ends once a trade has started. Before a binary options trade begins, users must select when the order expires. Each option has a start time and an end time. At the expiry time, the trade automatically closes. Some brokers allow you to close early but you will exit your option at a percentage of the expected return. Not all brokers offer this option. Similarly, some brokers allow traders to delay the expiry time to the next expiry time. This is called “rollover” and is only possible if traders increase their investment by a certain percentage. In forex trading, users can take trades lasting from one second to many months, since they can open and close the trade whenever they feel like it. This flexibility has both advantages and disadvantages. Forex also has a tool called margins. Each broker determines the maximum margin.

Margins allow traders to increase their investment capital so that they can make a larger profit if the trade is a winning one. Margin is not a tool available for binary options. There are five types of binary options you can trade. These are highlow, 60 seconds options, touchno touch options, boundary options, and option builder. There are many different types of orders in forex. Buysell are the most important type. However, there are more advanced types such as limit, stop, OCTO (one cancels the other), trailing stop, and hedge orders, among others. Forex trading and binary trading are quite different and it is important to understand these differences in order to become a successful trader. Exclusive: Israeli Supreme Court Questions Necessity of Binary Options Ban. British Columbia Regulator Warns Against Unregulated Broker LionsTradeFX. Dodd-Frank Repeal? Will Donald Trump Change the Face of the US FX Industry? 17 Comments on "Binary Options vs. Forex Trading: Understanding the Difference" This article is accurate, but I like Forex in that you are given a greater flexibility in controlling the trade. there are also a lot of scams related to Binary options.

One important thing to note isd that you DO NOT want to take the bonus that a lot of these platforms offer, you will lose because they require a certain amount of trades in order to be able to withdraw profits. I trade in Binary and I benefit from it more than I used to in Forex. Never trade binary options with an OTC broker. They profit when you lose so it is in their best interest to bet against you every single trade. If you decide to trade binary options, trade on a US, CFTC regulated binary options exchange such as Cantor Exchange. They NEVER profit on your losses. They only match buyer and seller and collect a small fee from the winner. Awow thanks Be Super Blessfull:D. Hi, question please. ANd thank you for providing a clarity:-)) What is there exist ( if any thing ) in line with and as competitor to retail forex except binary? Hi, question please. And thank you for providing the clarity:-)) What is there exist ( if any thing, and except binary ) that are in line with and positioned as the competitor to the retail forex ? Thank you:-) .

Is trading for “virtual ” currencies exist? any predictions? You mean proper vanilla options that are traded on an exchange? Or futures contracts, or CFDs? I think FxOpen does have some cryptocurrency pairs e. g. BTCUSD that you can trade. It was 1:3 leverage or something like that. Nice Article, thanks for sharing with us. hi rachell i would like to speak with you if possible … can i have ur email please … im a student studying for my science bachelors. yet another scam. Very precise in explaining the difference between those two… More success to your blog.. This will help me to decide whether I would try Binary Options or not. I’m still a newbie on trading but I’m willing to explore new things regarding on Forex Trading but predicting the trend seems so difficult. Anyway, I hope I could learn on how to predict the trend and buysell in the right position and close it with profit.