Binary Scout Analyses The Brokers In Binary Options

The world of binary options brokers is ever expanding, and navigating the legions of brokers is nearly impossible without extensive research.  What assets are traded, what bonuses or offers are provided, whether withdrawals are quick, it’s all very difficult for a regular trader to understand.

Fortunately we’ve recently found a little site that organizes the brokers, their parent companies, their assets and reviews from other customers — and that’s binary scout.

Do you want to really analyze which binary options broker to trade with?  We strongly recommend reading some of the articles at binary scout, they have extensive information on binary options trading education, binary options promotions, binary options news, signal providers, and of course, the brokers.

Read more at Binary Scout – Top binary options brokers sorted and scored.

Let’s Talk Baccarat

Baccarat isn’t a game you often hear much about, yet it’s one with one of the smallest house edges.  Baccarat is also known as Punto Banco.

In a standard baccarat game

  • If you bet the banker, the house edge is 1.06%
  • If you bet the player, the house edge is 1.24%
  • IF you bet the tie, the house edge is 14.36%

It’s a simple game to play and learn, often played for extremely high stakes and often by Asian gamblers.  For more information on baccarat, including live videos and a blog, head over to Bacarrat 411.

More on Binary Options Legality

More and more often I’m asked what the legal situation is surrounding binary options.  Binary options brokers these days can be licensed specifically in Cyprus but also financial services licenses in UK, Belize & BVI are often used in order to comply.

If they’re not regulated, why invest with them?  Why?  Because they’re still potentially highly profitable.  These days binary options broker reviews can tell you which brokers to trade with and which ones are disreputable.  The world of forex companies did not grow from a government creating the industry, it was made from companies who stepped out before regulations existed.

Binary options trading legality on specific countries can be discussed at the website Binary Options Legal which covers most of the things you need to know before investing at a brokerage.

Also, my fellow Canadians might want to check out the details on brokers at Binary Options Canada.  They cover the investments from a distinctly Canadian perspective.

Binary Options – A New and Effective Investment Vehicle

In finance, binary options are a type of option where the payoff is a fixed sum or nothing at all.  These type of options are also called all-or-nothing options, digital options or ‘fixed return options’ (FROs).

There are two main types of binary options:

  • cash-or-nothing binary option – these pay some fixed amount of cash if the option expires in-the-money
  • asset-or-nothing binary option – these pay the value of the underlying security.

Let’s discuss this further with an example:

You purchase a binary option on a stock with a strike price $100 with a cash-or-nothing value of $500.  If, at the maturity date of the binary option the value is $100 or greater, $500 is received.  If the stock trades below $100 as of maturity, nothing is returned.

Check out what are binary options to find out more about binary options, brokers, strategies.

Are Binary Options Legal?

Absolutely legal, yes.  In 2007 the Options Clearing Corporation suggested a rule change to allow cash-or-nothing binary options to be listed.  In May 2007, the American Stock Exchange (Amex) launched exchange-traded European cash-or-nothing binary options and Chicago Options Exchange (CBOE) followed in June 2008.

The Amex exchange now offers binary options on some Exchange Traded Funds (ETFs) and a few highly liquid equities such as Citigroup and Google.  Amex refers to these binary options as “Fixed Return Options” (FROs).  Calls are called “finish high” and puts are “finish low”.  In an effort to eliminate manipulation of markets, Amex FROs use a “settlement index” defined as a volume weighted average of trades on expiration day.

CBOE offers Binary Options on the S&P 500 (SPX traded as BSZ) index and CBOE Volatility Index (VIX traded as BVZ).  Strikes are at 5-point intervals on BSZ and 1-point on BVZ.

 

Rome Casino

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What’s particularly cool about the site is how the rome casino deposit options are updated constantly, so you know exactly how you can deposit at this US facing online casino.

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