Bonus Offers by Binary Option Brokers
Many new investors are tempted to take a free bonus offer by brokers. The main condition of a any bonus given by a trading platfrom, is that you will need to generate a really high volume of trades before qualifying for a withdrawal. In other words, your money will be locked with the platform until you meet the condition and you will risk losing it having no experience, as you're forced to generate lots of trades, which might be difficult for the less advanced user. If you choose to decline a bonus offer you will keep your right to withdraw your profits at any point, just keep in mind that all platfroms will require one government ID which will be used to confirm the account holders identity.
Profits and Risk
Binary Option Brokers will provide you with different payouts and it's very important to know how to make the comparison and understand which broker will give you the best payout. Some brokers will refund %0 for false predictions and some platforms will refun %15 back and the same goes with winning predictions where some platfroms will give you back %60 and some platfroms will give you up to %80. Remember that since the odds are slightly against you with Binary Option Trading as covered by Mike's Blog, you will need to keep a really high rate of success in order to succeed, so at the end you should focus your efforts on finding a reliable broker with a great payout!
Reputation and Trust
One of the main problems with the web is that it allows practically anyone, running on a low scale, to establish online presence and promote their products. It's important for us, online users and consumers to know how to spot a scammer, and make sure we're signing up for the best servicesand getting the best deal on the products we purchase, while making sure we're transacting with a reputable website. As with other industries many scammers use this new concept to promote a fraud business, it's very unfortunate, but as an online user you have to understand this dark site of the internet and learn how to see through it. Do not fund your trading account before you confirm online reviews, website traffic or any other indication that will allow you to establish trust with the broker, having the confidence you're money is safe.