Top 3 Australian Binary Option Sites

-Updated 11/9/2012

1 GOptions
Min Deposit $100
USA Accepted: Yes
100%
Deposit Bonus
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2 Banc De Binary
Min Deposit $100
USA Accepted: Yes

40%
Deposit Bonus on $2,000

Sign up
3 24option
Min Deposit $200
USA Accepted: Yes

up to 50% bonus

24 hour multi-language support

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24Option Review

General info

Among the more experienced binary options traders it is generally accepted that one of the best trading platforms is 24Option. This broker, which has its headquarters in London, United Kingdom, was started in 2010 by 247 Holdings Group Ltd. Despite the number of binary option brokers coming onto the market, 24Option has in two years proved to be one of the best trading platforms in operation. For traders that are looking for an underlying asset index that gives them a large number of assets to invest in, 24Option will be very difficult to beat.

Website: www.24option.com
Minimum investment: $200
Minimum trade: $24
Maximum trade: $3,000
Return for out of the money trade: 0% to 15%
Return for in the money trade: 70% – 85%
Assets: Currency, Commodities, Indices and Stocks
Trading Platform: Option Fair Platform
Traders from USA: Yes

Main features

The 24Option trading platform has a long list of assets available for their clients to choose from. The client can choose to trade in currency pairs, commodities, indices or stocks. Among the stocks listed are some of the top companies such as Barclays, British petroleum and Google.

24Option offers binary options in three different categories depending on their expiry time: the intraday options are options that have an expiry time of minutes or hours, options that have an end of day expiry time and options that expire at the end of the week.

The management team at 24Option place their client’s needs at the top of their priority list and to ensure they achieve this they offer their trading platform in nine languages with the promise that more languages will be added that will allow traders to trade in their own language.

Making a deposit with 24Option is fast and simple. This can be done using Credit Card, MoneyBookers, Wire transfer and Western Union. The trading platform accepts deposits in EUR, GBP and USD and when making the initial deposit the trader must inform 24Option which of these currencies they will be using for future transactions. The currency chosen will be used for transactions as long as the account remains open.

When a trader opens an account with 24Option they will find some excellent bonuses on offer such as:

Deposit                                                Bonus

$200-$499                                           20%

$500-$999                                          25%

$1,000-$2,499                                   30%

$2,500-$4,999                                   35%

$5,000 and over                                50%

Special features

To ensure their client’s are receiving as much information as possible, 24Option offers 24 major market indicators. These indicators include the Consumer Price Index, Gross Domestic Product, Producer Price Index and the Unemployment Rate. All of these indicators are invaluable in helping the trader predict the market and allowing them to react quickly.

The 24Option trading platform allows traders to close their options early. They can close their option five minutes after they purchased it and a few minutes before it is due to expire. This allows the trader to sell back their option whether it is in the money or not.

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Binary Options Australia

For Australian customers thinking about trading in binary options listed below are the top five binary options brokers and the bonuses offered by them. By offering these attractive and often huge bonuses is to attract you to their trading platform. It is recommended that new traders join different platforms to allow them decide which has the software most suitable to their requirements. When you have made your choice and made an initial deposit you will receive your deposit bonus.

Binary Option Bonuses:

Rank Broker Bonus Offer

1. GOptions
2. Banc de Binary
3. 24Option

Online binary option trading is the most popular method of investors looking to make money quickly. Binary option trading is also known as “all or nothing” trading and investors are aware of the payout if their asset expires “in the money” and if it expires “out of the money” they receive nothing.

Binary Option Trade Assets

The number of assets available for trading is large with many brokers having more than 100 for investors to choose from. These assets are made up from five different categories: Currency Pairs, Commodities, Indices, Stocks and Bonds. One of the most popular currency pairs is AUS/USD and the stocks available include some of the top companies such as Apple and Microsoft.

Binary Option Expiry Times:

The expiry time is a very important factor in binary options trading. Not only does it decide the time/date of expiry of the option, it also determines the amount of profit the trader will receive from the trade. Traders should choose the expiry time carefully as they vary from seconds to hours and even weeks. The shorter expiry times are excellent for higher profits but the trader should be experienced in binary options trading. The longer term expiry times are generally better when there are multiple choices.

Binary Option Types:

There are a number of different types of binary options available. The “cash or nothing” option gives the trader a predetermined amount when the option expires in the money. The “asset or nothing” option only pays the trader the value of the asset as long as it is above the purchase price (strike price). There are three other very popular types of binary options: “no touch”, “one touch” and “double one touch/double no touch”.

No Touch Option:

The trader determines the price that his asset will not reach. If it does not reach that price before expiry time the trader will receive the premium.

One Touch Option:

The one touch option allows the trader to choose the level of the asset, the expiry time and the amount of the payout. When the asset reaches or passes the predetermined level, the trader receives the payout.

Double one Touch Option:

The trader will determine two levels, the expiry time and the payout for this type of option. For the trade to be successful the asset must breach one of the two given levels. If neither of them is breached the trader loses his investment.

Double no Touch Option:

The double no touch option is the opposite of the double one touch option. The trader will choose two levels for the asset along with the expiry time and the payout. If the asset does not breach either of the chosen levels the trader will receive the predetermined payout.

Binary Option Bonuses:

With the constant growth of binary options trading, more brokers are offering bonuses to attract clients to their trading platforms. The most common of these bonuses is the membership bonus where a client will receive a known amount when they have deposited an initial amount in their account. Some of the brokers give 100% match up of the amount deposited by the investor. It is important to know that there are conditions and these bonuses cannot be withdrawn. Carefully read the conditions attached to any bonus offered.

EZBinary Broker Review

One of the newest binary option brokers to enter the list of top brokers is EZBinary. This trading platform has their headquarters in London, England and offices in many different parts of the world. Since they started doing business in 2011, EZBinary has gained a reputation as a trading platform that offers their clients a completely unique trading experience. They do not have a particularly large number of underlying assets, but the assets they do have are varied.

Name: EZBinary
Website: www.EZBinary.com
Operational since: 2011
Headquarters: London, United Kingdom
Minimum Deposit: $ 200
Minimum Transaction: $20
Demo account: No
In the money return: Up to 85%
Languages available: Arabic, English, French, German, Norwegian, Portuguese and Spanish
Trading platform: Tradologic

Trading Platform

Traders have the choice of six commodities, among them Gold, Silver and Copper, eleven currency pairs including AUD/USD, seven indices, ten stocks and one bond. The EZBinary trading platform is completely web based which eliminates any requirement for downloading it. Due to EZBinary having such a diverse selection of assets, traders can purchase assets all market hours. For both the novice and experienced traders, using the software is a pleasant experience as the interface is very user friendly.

EZBinary is one of the few binary options brokers offering novice traders a variety of trading resources such as video guides and e-books. Traders can expect to receive a return as high as 85% if their option expires in the money. There is also the possibility for traders to extend the expiry time of their asset, or if they choose, close it before the time expires. There is a number of expiry times available ranging from minutes to daily and even longer. Another feature available is the Touch Option which gives traders the opportunity to make profits running into several hundred percent.

Main Features

There are a number of features on offer to traders to help them in their trading in the binary options market. Two of those features are the Extend and Close Now options, both of which ensure that the financial investments of traders are controlled by them. Another excellent feature offered by EZBinary is the Double Up option. This option gives traders the opportunity to double their return. There is also the Roll Over and Auto Trader features. The Roll Over feature gives traders the possibility to extend the expiry time of their asset to the following expiry time, and for investors interested in long term trades the Auto Trader feature is perfect as it offers returns as high as 2,000%.

Making withdrawals at EZBinary could not be easier and they are one of the few binary options brokers that offer them free and unlimited. There is also a live news feed available for traders to help them chooses an underlying asset to invest in, and an alert service and free signal both of which are a great help.

Customer Support

The EZBinary customer support team is highly trained and they can be contacted in seven languages. You can choose to contact them by email, fax, phone, live chat or Skype. They treat all callers with equal respect and all questions and queries are dealt with in a swift manner.

Binary Options Strategy

To an ever increasing number of investors, trading in binary options is the most exciting and interesting way of trading in the financial markets. If investors hopes to be successful trading in binary options they need to be able to use a number of different binary option strategies. While different strategies might be employed by individual investors, there is basically no difference in the concept of these strategies. The difference between binary options trading and other types of financial trading is that there can only be two outcomes, you win or you lose.

Trading in binary options is mainly about call and put options, which guarantees a quick turnover. If an investor has a strategy that they can easily follow, it is very likely that good profits will be made from most of their investments.

Every trader employs a number of strategies in their binary options trades. One of the most popular of these strategies is an in the money call and money put being paired. With this option the trader will receive a payout if the spot price expires between the two prices.

Another good binary option strategy frequently used by experienced traders to make large profits is to pair the put and call into a hedge and double position.

The binary options betting strategy is one of the most common strategies. With this option if the trader sees the market moving in a big way unexpectedly he will make a put or call option. This type of option depends on people placing options on indicators that influence the market in a major way. For example, when a firm announces their quarterly results regarding profit and loss, traders watch them closely as the share prices are affected based on the positive or negative results. It is not only financial announcements that affect the markets, natural disasters and political changes are two other things closely watched by traders.

Binary option betting is one of the best known forms of online financial gambling. The popularity can be put down to the fact that it is very simple, and this has caught the interest of investors and casual traders who are looking to the financial markets to make money.

While traders have a number of betting option strategies available to them, the best ones are those that are learned through experience. So, whatever strategy a trader implements, they should never be influenced by their emotions and make trades that will end in a loss. The key to being successful when trading binary options is proper money and risk management as it is in any financial trading.

Binary Options Explained

In July 2008 binary options were listed in the Chicago Board of Options Exchange (CBOE), and this is when they came to the notice of the financial traders. Before this, trading in binary options was generally conducted over the counter. This was done by the major investment banks and the institutional investors. Binary options are also called digital options, and are all or nothing options that give the investor a known payout if it finishes as predicted. What this means is that there is a known amount of money paid out or even a pre-determined amount of an underlying asset from the option. There are an increasing number of brokers nowadays that give a trading platform to both retail and professional investors that is effective and safe.

One of the most interesting things about binary options is that investors get a fixed amount of cash return based on whether the financial market is higher or lower than a certain level at a specified time. A binary option trader can choose an underlying asset and look to earn a specific payout on even a small move of that asset. The binary options market is designed to give significant payouts on the smallest of movement in the market.

In the majority of cases, the price of a binary option will be set at the current market and the trader will receive a return on the investment based on how the asset moves in the short term in the financial markets. Understanding the binary options market is relatively easy, and when an investor starts to trade in binary options, they will soon learn the benefits compared to the other option markets.

An investor thinks that the currency pair GBP/USD will be higher than the current price within the next hour. The investor will then go onto the site of his binary option broker. He will invest $100 on the currency pair with a pre-determined return of 70% if his prediction is correct and the asset closes above the current price. This type of option is known as a “call” option. With this trade being successful, the investor will be paid $70 plus his original investment, giving him a total of $170. If the asset drops below the current price within one hour, the investor loses his investment. The binary option will give the trader 10 per cent of his investment back. In some cases it is less than 10 per cent. So if the trader lost, he would get $10 back from the binary option.

It is also possible for traders to speculate on a known range over a period of time, and these are known as hit or miss options. This type of option requires the trader to specify a time frame, and a price range, from which the broker will give the investor a price. Maybe a trader will decide to purchase a hit option in the time frame after the US employment numbers have been released. If the USD/JPY moves higher into the price range predicted by the trader in the first five minutes after the report has been released, his hit option will give him a return.

Binary options are priced in a similar fashion as the standard options. Generally, if an options trader is considering a purchase he will need to analyze the strike price, underlying price of the asset and just how volatile it is. The majority of issues related to standard options are removed when trading in short term binary options. For a trade to be successful, you only need to predict if the option will be higher or lower than the strike price after a certain period.

CitiTrader Broker Review

General Information

CitiTrader was formed in 2010 by a very experienced and highly professional group of Wall Street brokers. These individuals formed CitiTrader.com and very quickly gained a reputation for being one of the market leaders in binary options trading due to their trading platform being one of the most professional and objective found on the internet today. The goal of CitiTrader is to give all investors, no matter what level of experience, the opportunity to invest in an easy way with the stress removed.

One of the fastest ways that traders can make large profits is by investing in binary options and to help their client’s achieve this CitiTrader have private webinars and VIP traders can also have one on one sessions.

Website: www.CitiTrader.com
Minimum deposit: 250 USD
Minimum transaction: 5 USD
In the money returns: between 65% and 75%
Out of the money returns: 10% maximum
Trading tools: Yes
Demo account: Yes
Available Options: Option Builder, One Touch Options and 60 second option
Assets: Forex, Commodities, Indices and Stocks
Traders allowed: All countries apart from Nigeria and Ghana
Platform: SpotOption Platform

Main features

One of the most extensive assets list available is offered by Cititrader for trading, with 14 different currency pairs and over 30 stocks.

All new investors depositing $500 or over will receive from CitiTrader the same amount into their account as well as having free access to the Beginning Broker Program (BBP). To increase the chances of their clients making profits on their investments, Cititrader will supply them with educational materials from the best brokers and analysts.

As is common with most binary options platforms, clients of Cititrader have a variety of expiry times to choose from. Trading in binary options is by nature speculative and the majority of options have a maximum of a few days before closing. The options that are least traded are those with expiry times of a few weeks.

The CitiTrader platform currently offers their clients four languages: Arabic, English, French and Hindu.

When opening an account at CitiTrader investors are required to state which currency they would like to use for trading from the following: AUD, EUR, GBP, USD and INR. The chosen currency will remain your trading currency as long as you have an open account. Deposits into your account can be made by MasterCard, Visa, CashU and MoneyBookers.

Traders can look forward to returns of between 65% and 75% if their option expires in the money. This sort of return is one of the reasons CitiTrader is a favorite among investors. They can also expect to receive a maximum return of their investment if the option expires out of the money.

Special features

Along with the regular binary options, CitiTrader also offers investors Option Builder, One Touch Options and 60 second option.

The Option Builder allows traders to implement their own strategies when purchasing an underlying asset. All that is required is that the trader chooses the expiry time and the risk level.

With the One Touch Option the trader predicts if the chosen asset will reach a certain level before the time of expiry.

The 60 second option is self explanatory; the trader can purchase an asset and sell it 60 seconds later. This option is generally used by aggressive traders.

The customer support service at CitiTrader is highly professional and can be contacted via chat, email and toll free phone.

Binary Options Brokers – the Truth

Nowadays everyone wants to know the truth regarding binary option brokers. Although we have heard a great deal about the binary options market, there are a great many people who have no idea how the market and the binary option brokers work. At this moment there are roughly 100 binary option brokers, so this means that to find out the truth about them requires some careful studying. Doing this is not as difficult as it only requires looking at what each broker has to offer to traders.

Features

If you are looking to have the maximum experience trading in binary options, you should look for a broker who provides the maximum of features. However, the truth about binary option brokers is that not all of them give traders the maximum number of features. It has to be remembered that for the trading experience to be good, the broker needs to supply the traders with high quality features. There are a lot of areas covered by the different features, and for a trader in the binary options market they give them the flexibility required.

Profits

There are many binary option brokers that do not give traders the best chance to make the profits they so desperately want from their binary options trading. As an example, some of the binary option brokers will offer a very low return to traders when their option expires, whether it is in the money or out of the money. As with any form of trading, binary option traders are looking to earn the maximum profits. Experienced traders understand this and they do their research on the binary option brokers to determine the profits they are offering for each outcome. This is a very important part of your strategy when trading in binary options.

Languages

You should look for a binary option broker who is offering a large number of languages if you want to know the truth about them. A high quality binary option broker offering multiple languages is a good sign of leadership and responsibility. This is not to say that a broker offering only two languages is a bad broker, it could just be that he is less ambitious than the multiple language broker.

Support

Trading with a binary options broker that offers you a high quality level of support is very important. You should know that if you want to have a relaxed environment when you are trading in binary options it is essential that you have a good level of support. You would be better changing your broker if your current broker is not offering you the level of support you want and deserve. Likewise, if the broker is offering you high returns but is not giving you the required support, then that is another reason for switching brokers. A good binary options broker will be there every step of the way to assist you in making binary options trading a pleasurable experience.

Banc De Binary Review

General Info

With operations in over 80 countries in all continents, Banc De Binary is one of the largest binary options brokers doing business today. It started operating in 2009 and has their headquarters in the heart of the financial district of New York. They are privately owned and also have offices in Luxembourg and Turkey. The binary option trading technology provided by Banc De Binary is at the forefront in the world of binary option trading and they are leaders in online option trading.

Website: www.bbinary.com
Minimum deposit: $500
Minimum transaction: $25
Free demo account: No
In the money return: between 70% and 81%
Out of money return: 0 -5%
Assets: Currency pairs, Commodities, Indices, and Stocks
Traders allowed: All countries
Trading Platforms: Binary META, DigitalNSTA, DigitalPRO

Main Features

Banc De Binary offers investors an extensive list of assets to choose from. They include an impressive twelve currency pairs, 8 commodities (Gold, Platinum, Sugar and Corn), a choice of twenty indices, and a selection of 40 stocks among them being Apple, Coca Cola, Google and Disney.

Banc De Binary is an excellent trading platform for investors looking for short term trades as the underlying assets have expiry times ranging from fifteen minutes to one day. There is no download required as the Banc De Binary platform is completely web based, which makes it suitable for all types of trading. There is a drop down menu on the interface which is easy to use and is a very useful feature of one of the most user friendly interfaces available today. For the novice investor there are a number of links that are simple, to the point and very impressive. These links allow investors to learn all they need to know about binary options trading as well as giving them information about Banc De Binary.

For successful trades, investors can expect a return of between 70% and 81% on their investment, and if their trade has been unsuccessful they will receive a refund of between 0% and 5% of their investment.

Clients can deposit money into their account using Alert Pay, credit card, ACH and MoneyBookers. There is a choice of trading in Euros or U.S. Dollars when you open an account and this will remain your trading currency as long as you have an account.

Special features

There are a number of special features offered by Banc De Binary including market analysis and Daily Outlook. Another excellent feature is the possibility to trade binary options using your telephone, which is quite unusual in the binary options trading field.

Banc De Binary offers clients two trading platforms: the first platform is available for the fast trader and the second one is ideal for the professional trader.

They have an excellent customer support service that is available 24/7 by live chat, email, fax, Skype and call back.

GOptions Review

One of the fastest growing binary options brokers in the industry today is GOptions. The company was started in 2009 and is run by an experienced team of both forex and binary options traders. GOptions started operating in early 2012 and has quickly gained a huge following in Canada, United States and the Middle East, especially in Bahrain, Kuwait, Qatar and Saudi Arabia. Such has been their influence in the binary options trading market in the short time they have been trading that they are now being recognized as one of the world’s leaders in the industry.

GOptions utilizes probably the least hassle withdrawal policy of all binary options brokers. It is unbelievably simple, if you want to make a withdrawal from your account, the only thing necessary is that you verify it and it is completed immediately. While it may be understandable that no all brokers do this, as a trader when you have a broker prepared to do it, you are more likely to remain with them.

GOptions are offering clients some of the best payouts in the binary options trading with a high of 85%. There is also the possibility for traders to make as much as 500% in a single trade using the one touch option. These high payouts are what attract traders to binary options trading.

GOptions offers traders more than 200 different asset they can choose from including currency pairs, stocks from the major companies such as Apple, Google and Manchester United. There are also a number of indices and commodities available to invest in.

Of the more than 200 different assets available for trading, you can trade them either by using the regular Up/Down option or the One Touch option. Another factor that is making GOptions a favorite among traders is the expiry times available. They offer the 60 second option up to the end of year option using the option builder.

Trading with GOptions is very easy however if you experience any problems they have a first class customer service available in English and Arabic with French, German and Spanish being available in the near future. They are one of the few brokers that have an experienced team prepared to keep you informed on the latest economic events and on what stock is hot. All traders using GOptions are entitled to receive a bonus, and VIP traders receive trading signals along with other benefits. As with most brokers, the more you deposit, the bigger the bonus will be.

Learn Binary Options

What are binary options?

Binary options are the latest method for people with no experience of financial trading having the opportunity to make money. The term binary means zero or one and a binary option is one where the trader knows the outcome of his investment as soon as he purchases the asset, with the result being all or nothing. When you trade in binary options you are actually predicting if the asset you have purchased will be higher or lower than the price you paid for it (strike price) at the time of expiry. If you have predicted correctly you will receive the payout that was agreed when you purchased the asset, however if you predicted wrong you will lose your investment.

How does a binary option trade work?

It is a very simple procedure to trade in binary options with still enough of a choice to make it possible for personalized trades. The first thing you need to do is choose an asset you wish to trade. There are four main groups of assets to choose from: commodities, currency pairs, indices and stock with many of the trading platforms now having over 100 assets to choose from. There is a choice for investors from all parts of the world as the assets cover the American, Asian, European and Middle Eastern markets. You have a choice of expiry times such as end of hour, day, week, month and some platforms are now offering 60 second options. When you have chosen your asset and expiry time you then need to predict in which direction your asset will move, if you think it will increase you will choose a Call option, and if you think it will decrease you will choose a Put option.

Call: The call option is chosen when an investor believes his chosen asset will be higher than the purchase price at expiry time.

Put: An investor will choose the put option if he thinks the price will be less than the purchase price at time of expiry.

Binary Option’s Outcome:

When you have purchased your binary option you do not need to do anything more apart from wait until it has expired to find out if your prediction was correct. If you have predicted correctly you will receive the pre determined payout known as being “in the money”. However if your prediction was wrong you lose your investment which is known as being “out of the money”. For example if you made a call option and your asset expired higher than the strike price you will be “in the money”, but if it expired below the strike price you will be “out of the money”. Also if you predict the price will be lower than the strike price you will choose a put option and you will be “in the money” if it expires below the strike price.

You will be told the percentage you will receive if your option expires “in the money” at the time of purchase. This percentage varies from one platform to another but it is generally between 65-71 per cent. You will lose your investment if your option expires “out of the money” however there are some platforms that will return as much as 15 per cent of your investment on losing trades.

Because trading in binary options is a simple process, it is not necessary for traders to have an in-depth knowledge of financial markets. If you keep abreast of what is happening in the financial markets by checking online or by newspapers it is possible to be successful at binary options trading.

24Option Review

General info

Among the more experienced binary options traders it is generally accepted that one of the best trading platforms is 24Option. This broker, which has its headquarters in London, United Kingdom, was started in 2010 by 247 Holdings Group Ltd. Despite the number of binary option brokers coming onto the market, 24Option has in two years proved to be one of the best trading platforms in operation. For traders that are looking for an underlying asset index that gives them a large number of assets to invest in, 24Option will be very difficult to beat.

Website: www.24option.com
Minimum investment: $200
Minimum trade: $24
Maximum trade: $3,000
Return for out of the money trade: 0% to 15%
Return for in the money trade: 70% – 85%
Assets: Currency, Commodities, Indices and Stocks
Trading Platform: Option Fair Platform
Traders from USA: Yes

Main features

The 24Option trading platform has a long list of assets available for their clients to choose from. The client can choose to trade in currency pairs, commodities, indices or stocks. Among the stocks listed are some of the top companies such as Barclays, British petroleum and Google.

24Option offers binary options in three different categories depending on their expiry time: the intraday options are options that have an expiry time of minutes or hours, options that have an end of day expiry time and options that expire at the end of the week.

The management team at 24Option place their client’s needs at the top of their priority list and to ensure they achieve this they offer their trading platform in nine languages with the promise that more languages will be added that will allow traders to trade in their own language.

Making a deposit with 24Option is fast and simple. This can be done using Credit Card, MoneyBookers, Wire transfer and Western Union. The trading platform accepts deposits in EUR, GBP and USD and when making the initial deposit the trader must inform 24Option which of these currencies they will be using for future transactions. The currency chosen will be used for transactions as long as the account remains open.

When a trader opens an account with 24Option they will find some excellent bonuses on offer such as:

Deposit                                                Bonus

$200-$499                                           20%

$500-$999                                          25%

$1,000-$2,499                                   30%

$2,500-$4,999                                   35%

$5,000 and over                                50%

Special features

To ensure their client’s are receiving as much information as possible, 24Option offers 24 major market indicators. These indicators include the Consumer Price Index, Gross Domestic Product, Producer Price Index and the Unemployment Rate. All of these indicators are invaluable in helping the trader predict the market and allowing them to react quickly.

The 24Option trading platform allows traders to close their options early. They can close their option five minutes after they purchased it and a few minutes before it is due to expire. This allows the trader to sell back their option whether it is in the money or not.

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Binary Options Australia

For Australian customers thinking about trading in binary options listed below are the top five binary options brokers and the bonuses offered by them. By offering these attractive and often huge bonuses is to attract you to their trading platform. It is recommended that new traders join different platforms to allow them decide which has the software most suitable to their requirements. When you have made your choice and made an initial deposit you will receive your deposit bonus.

Binary Option Bonuses:

Rank Broker Bonus Offer

1. GOptions
2. Banc de Binary
3. 24Option

Online binary option trading is the most popular method of investors looking to make money quickly. Binary option trading is also known as “all or nothing” trading and investors are aware of the payout if their asset expires “in the money” and if it expires “out of the money” they receive nothing.

Binary Option Trade Assets

The number of assets available for trading is large with many brokers having more than 100 for investors to choose from. These assets are made up from five different categories: Currency Pairs, Commodities, Indices, Stocks and Bonds. One of the most popular currency pairs is AUS/USD and the stocks available include some of the top companies such as Apple and Microsoft.

Binary Option Expiry Times:

The expiry time is a very important factor in binary options trading. Not only does it decide the time/date of expiry of the option, it also determines the amount of profit the trader will receive from the trade. Traders should choose the expiry time carefully as they vary from seconds to hours and even weeks. The shorter expiry times are excellent for higher profits but the trader should be experienced in binary options trading. The longer term expiry times are generally better when there are multiple choices.

Binary Option Types:

There are a number of different types of binary options available. The “cash or nothing” option gives the trader a predetermined amount when the option expires in the money. The “asset or nothing” option only pays the trader the value of the asset as long as it is above the purchase price (strike price). There are three other very popular types of binary options: “no touch”, “one touch” and “double one touch/double no touch”.

No Touch Option:

The trader determines the price that his asset will not reach. If it does not reach that price before expiry time the trader will receive the premium.

One Touch Option:

The one touch option allows the trader to choose the level of the asset, the expiry time and the amount of the payout. When the asset reaches or passes the predetermined level, the trader receives the payout.

Double one Touch Option:

The trader will determine two levels, the expiry time and the payout for this type of option. For the trade to be successful the asset must breach one of the two given levels. If neither of them is breached the trader loses his investment.

Double no Touch Option:

The double no touch option is the opposite of the double one touch option. The trader will choose two levels for the asset along with the expiry time and the payout. If the asset does not breach either of the chosen levels the trader will receive the predetermined payout.

Binary Option Bonuses:

With the constant growth of binary options trading, more brokers are offering bonuses to attract clients to their trading platforms. The most common of these bonuses is the membership bonus where a client will receive a known amount when they have deposited an initial amount in their account. Some of the brokers give 100% match up of the amount deposited by the investor. It is important to know that there are conditions and these bonuses cannot be withdrawn. Carefully read the conditions attached to any bonus offered.

EZBinary Broker Review

One of the newest binary option brokers to enter the list of top brokers is EZBinary. This trading platform has their headquarters in London, England and offices in many different parts of the world. Since they started doing business in 2011, EZBinary has gained a reputation as a trading platform that offers their clients a completely unique trading experience. They do not have a particularly large number of underlying assets, but the assets they do have are varied.

Name: EZBinary
Website: www.EZBinary.com
Operational since: 2011
Headquarters: London, United Kingdom
Minimum Deposit: $ 200
Minimum Transaction: $20
Demo account: No
In the money return: Up to 85%
Languages available: Arabic, English, French, German, Norwegian, Portuguese and Spanish
Trading platform: Tradologic

Trading Platform

Traders have the choice of six commodities, among them Gold, Silver and Copper, eleven currency pairs including AUD/USD, seven indices, ten stocks and one bond. The EZBinary trading platform is completely web based which eliminates any requirement for downloading it. Due to EZBinary having such a diverse selection of assets, traders can purchase assets all market hours. For both the novice and experienced traders, using the software is a pleasant experience as the interface is very user friendly.

EZBinary is one of the few binary options brokers offering novice traders a variety of trading resources such as video guides and e-books. Traders can expect to receive a return as high as 85% if their option expires in the money. There is also the possibility for traders to extend the expiry time of their asset, or if they choose, close it before the time expires. There is a number of expiry times available ranging from minutes to daily and even longer. Another feature available is the Touch Option which gives traders the opportunity to make profits running into several hundred percent.

Main Features

There are a number of features on offer to traders to help them in their trading in the binary options market. Two of those features are the Extend and Close Now options, both of which ensure that the financial investments of traders are controlled by them. Another excellent feature offered by EZBinary is the Double Up option. This option gives traders the opportunity to double their return. There is also the Roll Over and Auto Trader features. The Roll Over feature gives traders the possibility to extend the expiry time of their asset to the following expiry time, and for investors interested in long term trades the Auto Trader feature is perfect as it offers returns as high as 2,000%.

Making withdrawals at EZBinary could not be easier and they are one of the few binary options brokers that offer them free and unlimited. There is also a live news feed available for traders to help them chooses an underlying asset to invest in, and an alert service and free signal both of which are a great help.

Customer Support

The EZBinary customer support team is highly trained and they can be contacted in seven languages. You can choose to contact them by email, fax, phone, live chat or Skype. They treat all callers with equal respect and all questions and queries are dealt with in a swift manner.

Binary Options Strategy

To an ever increasing number of investors, trading in binary options is the most exciting and interesting way of trading in the financial markets. If investors hopes to be successful trading in binary options they need to be able to use a number of different binary option strategies. While different strategies might be employed by individual investors, there is basically no difference in the concept of these strategies. The difference between binary options trading and other types of financial trading is that there can only be two outcomes, you win or you lose.

Trading in binary options is mainly about call and put options, which guarantees a quick turnover. If an investor has a strategy that they can easily follow, it is very likely that good profits will be made from most of their investments.

Every trader employs a number of strategies in their binary options trades. One of the most popular of these strategies is an in the money call and money put being paired. With this option the trader will receive a payout if the spot price expires between the two prices.

Another good binary option strategy frequently used by experienced traders to make large profits is to pair the put and call into a hedge and double position.

The binary options betting strategy is one of the most common strategies. With this option if the trader sees the market moving in a big way unexpectedly he will make a put or call option. This type of option depends on people placing options on indicators that influence the market in a major way. For example, when a firm announces their quarterly results regarding profit and loss, traders watch them closely as the share prices are affected based on the positive or negative results. It is not only financial announcements that affect the markets, natural disasters and political changes are two other things closely watched by traders.

Binary option betting is one of the best known forms of online financial gambling. The popularity can be put down to the fact that it is very simple, and this has caught the interest of investors and casual traders who are looking to the financial markets to make money.

While traders have a number of betting option strategies available to them, the best ones are those that are learned through experience. So, whatever strategy a trader implements, they should never be influenced by their emotions and make trades that will end in a loss. The key to being successful when trading binary options is proper money and risk management as it is in any financial trading.

Binary Options Explained

In July 2008 binary options were listed in the Chicago Board of Options Exchange (CBOE), and this is when they came to the notice of the financial traders. Before this, trading in binary options was generally conducted over the counter. This was done by the major investment banks and the institutional investors. Binary options are also called digital options, and are all or nothing options that give the investor a known payout if it finishes as predicted. What this means is that there is a known amount of money paid out or even a pre-determined amount of an underlying asset from the option. There are an increasing number of brokers nowadays that give a trading platform to both retail and professional investors that is effective and safe.

One of the most interesting things about binary options is that investors get a fixed amount of cash return based on whether the financial market is higher or lower than a certain level at a specified time. A binary option trader can choose an underlying asset and look to earn a specific payout on even a small move of that asset. The binary options market is designed to give significant payouts on the smallest of movement in the market.

In the majority of cases, the price of a binary option will be set at the current market and the trader will receive a return on the investment based on how the asset moves in the short term in the financial markets. Understanding the binary options market is relatively easy, and when an investor starts to trade in binary options, they will soon learn the benefits compared to the other option markets.

An investor thinks that the currency pair GBP/USD will be higher than the current price within the next hour. The investor will then go onto the site of his binary option broker. He will invest $100 on the currency pair with a pre-determined return of 70% if his prediction is correct and the asset closes above the current price. This type of option is known as a “call” option. With this trade being successful, the investor will be paid $70 plus his original investment, giving him a total of $170. If the asset drops below the current price within one hour, the investor loses his investment. The binary option will give the trader 10 per cent of his investment back. In some cases it is less than 10 per cent. So if the trader lost, he would get $10 back from the binary option.

It is also possible for traders to speculate on a known range over a period of time, and these are known as hit or miss options. This type of option requires the trader to specify a time frame, and a price range, from which the broker will give the investor a price. Maybe a trader will decide to purchase a hit option in the time frame after the US employment numbers have been released. If the USD/JPY moves higher into the price range predicted by the trader in the first five minutes after the report has been released, his hit option will give him a return.

Binary options are priced in a similar fashion as the standard options. Generally, if an options trader is considering a purchase he will need to analyze the strike price, underlying price of the asset and just how volatile it is. The majority of issues related to standard options are removed when trading in short term binary options. For a trade to be successful, you only need to predict if the option will be higher or lower than the strike price after a certain period.

CitiTrader Broker Review

General Information

CitiTrader was formed in 2010 by a very experienced and highly professional group of Wall Street brokers. These individuals formed CitiTrader.com and very quickly gained a reputation for being one of the market leaders in binary options trading due to their trading platform being one of the most professional and objective found on the internet today. The goal of CitiTrader is to give all investors, no matter what level of experience, the opportunity to invest in an easy way with the stress removed.

One of the fastest ways that traders can make large profits is by investing in binary options and to help their client’s achieve this CitiTrader have private webinars and VIP traders can also have one on one sessions.

Website: www.CitiTrader.com
Minimum deposit: 250 USD
Minimum transaction: 5 USD
In the money returns: between 65% and 75%
Out of the money returns: 10% maximum
Trading tools: Yes
Demo account: Yes
Available Options: Option Builder, One Touch Options and 60 second option
Assets: Forex, Commodities, Indices and Stocks
Traders allowed: All countries apart from Nigeria and Ghana
Platform: SpotOption Platform

Main features

One of the most extensive assets list available is offered by Cititrader for trading, with 14 different currency pairs and over 30 stocks.

All new investors depositing $500 or over will receive from CitiTrader the same amount into their account as well as having free access to the Beginning Broker Program (BBP). To increase the chances of their clients making profits on their investments, Cititrader will supply them with educational materials from the best brokers and analysts.

As is common with most binary options platforms, clients of Cititrader have a variety of expiry times to choose from. Trading in binary options is by nature speculative and the majority of options have a maximum of a few days before closing. The options that are least traded are those with expiry times of a few weeks.

The CitiTrader platform currently offers their clients four languages: Arabic, English, French and Hindu.

When opening an account at CitiTrader investors are required to state which currency they would like to use for trading from the following: AUD, EUR, GBP, USD and INR. The chosen currency will remain your trading currency as long as you have an open account. Deposits into your account can be made by MasterCard, Visa, CashU and MoneyBookers.

Traders can look forward to returns of between 65% and 75% if their option expires in the money. This sort of return is one of the reasons CitiTrader is a favorite among investors. They can also expect to receive a maximum return of their investment if the option expires out of the money.

Special features

Along with the regular binary options, CitiTrader also offers investors Option Builder, One Touch Options and 60 second option.

The Option Builder allows traders to implement their own strategies when purchasing an underlying asset. All that is required is that the trader chooses the expiry time and the risk level.

With the One Touch Option the trader predicts if the chosen asset will reach a certain level before the time of expiry.

The 60 second option is self explanatory; the trader can purchase an asset and sell it 60 seconds later. This option is generally used by aggressive traders.

The customer support service at CitiTrader is highly professional and can be contacted via chat, email and toll free phone.

Binary Options Brokers – the Truth

Nowadays everyone wants to know the truth regarding binary option brokers. Although we have heard a great deal about the binary options market, there are a great many people who have no idea how the market and the binary option brokers work. At this moment there are roughly 100 binary option brokers, so this means that to find out the truth about them requires some careful studying. Doing this is not as difficult as it only requires looking at what each broker has to offer to traders.

Features

If you are looking to have the maximum experience trading in binary options, you should look for a broker who provides the maximum of features. However, the truth about binary option brokers is that not all of them give traders the maximum number of features. It has to be remembered that for the trading experience to be good, the broker needs to supply the traders with high quality features. There are a lot of areas covered by the different features, and for a trader in the binary options market they give them the flexibility required.

Profits

There are many binary option brokers that do not give traders the best chance to make the profits they so desperately want from their binary options trading. As an example, some of the binary option brokers will offer a very low return to traders when their option expires, whether it is in the money or out of the money. As with any form of trading, binary option traders are looking to earn the maximum profits. Experienced traders understand this and they do their research on the binary option brokers to determine the profits they are offering for each outcome. This is a very important part of your strategy when trading in binary options.

Languages

You should look for a binary option broker who is offering a large number of languages if you want to know the truth about them. A high quality binary option broker offering multiple languages is a good sign of leadership and responsibility. This is not to say that a broker offering only two languages is a bad broker, it could just be that he is less ambitious than the multiple language broker.

Support

Trading with a binary options broker that offers you a high quality level of support is very important. You should know that if you want to have a relaxed environment when you are trading in binary options it is essential that you have a good level of support. You would be better changing your broker if your current broker is not offering you the level of support you want and deserve. Likewise, if the broker is offering you high returns but is not giving you the required support, then that is another reason for switching brokers. A good binary options broker will be there every step of the way to assist you in making binary options trading a pleasurable experience.

Banc De Binary Review

General Info

With operations in over 80 countries in all continents, Banc De Binary is one of the largest binary options brokers doing business today. It started operating in 2009 and has their headquarters in the heart of the financial district of New York. They are privately owned and also have offices in Luxembourg and Turkey. The binary option trading technology provided by Banc De Binary is at the forefront in the world of binary option trading and they are leaders in online option trading.

Website: www.bbinary.com
Minimum deposit: $500
Minimum transaction: $25
Free demo account: No
In the money return: between 70% and 81%
Out of money return: 0 -5%
Assets: Currency pairs, Commodities, Indices, and Stocks
Traders allowed: All countries
Trading Platforms: Binary META, DigitalNSTA, DigitalPRO

Main Features

Banc De Binary offers investors an extensive list of assets to choose from. They include an impressive twelve currency pairs, 8 commodities (Gold, Platinum, Sugar and Corn), a choice of twenty indices, and a selection of 40 stocks among them being Apple, Coca Cola, Google and Disney.

Banc De Binary is an excellent trading platform for investors looking for short term trades as the underlying assets have expiry times ranging from fifteen minutes to one day. There is no download required as the Banc De Binary platform is completely web based, which makes it suitable for all types of trading. There is a drop down menu on the interface which is easy to use and is a very useful feature of one of the most user friendly interfaces available today. For the novice investor there are a number of links that are simple, to the point and very impressive. These links allow investors to learn all they need to know about binary options trading as well as giving them information about Banc De Binary.

For successful trades, investors can expect a return of between 70% and 81% on their investment, and if their trade has been unsuccessful they will receive a refund of between 0% and 5% of their investment.

Clients can deposit money into their account using Alert Pay, credit card, ACH and MoneyBookers. There is a choice of trading in Euros or U.S. Dollars when you open an account and this will remain your trading currency as long as you have an account.

Special features

There are a number of special features offered by Banc De Binary including market analysis and Daily Outlook. Another excellent feature is the possibility to trade binary options using your telephone, which is quite unusual in the binary options trading field.

Banc De Binary offers clients two trading platforms: the first platform is available for the fast trader and the second one is ideal for the professional trader.

They have an excellent customer support service that is available 24/7 by live chat, email, fax, Skype and call back.

GOptions Review

One of the fastest growing binary options brokers in the industry today is GOptions. The company was started in 2009 and is run by an experienced team of both forex and binary options traders. GOptions started operating in early 2012 and has quickly gained a huge following in Canada, United States and the Middle East, especially in Bahrain, Kuwait, Qatar and Saudi Arabia. Such has been their influence in the binary options trading market in the short time they have been trading that they are now being recognized as one of the world’s leaders in the industry.

GOptions utilizes probably the least hassle withdrawal policy of all binary options brokers. It is unbelievably simple, if you want to make a withdrawal from your account, the only thing necessary is that you verify it and it is completed immediately. While it may be understandable that no all brokers do this, as a trader when you have a broker prepared to do it, you are more likely to remain with them.

GOptions are offering clients some of the best payouts in the binary options trading with a high of 85%. There is also the possibility for traders to make as much as 500% in a single trade using the one touch option. These high payouts are what attract traders to binary options trading.

GOptions offers traders more than 200 different asset they can choose from including currency pairs, stocks from the major companies such as Apple, Google and Manchester United. There are also a number of indices and commodities available to invest in.

Of the more than 200 different assets available for trading, you can trade them either by using the regular Up/Down option or the One Touch option. Another factor that is making GOptions a favorite among traders is the expiry times available. They offer the 60 second option up to the end of year option using the option builder.

Trading with GOptions is very easy however if you experience any problems they have a first class customer service available in English and Arabic with French, German and Spanish being available in the near future. They are one of the few brokers that have an experienced team prepared to keep you informed on the latest economic events and on what stock is hot. All traders using GOptions are entitled to receive a bonus, and VIP traders receive trading signals along with other benefits. As with most brokers, the more you deposit, the bigger the bonus will be.

Learn Binary Options

What are binary options?

Binary options are the latest method for people with no experience of financial trading having the opportunity to make money. The term binary means zero or one and a binary option is one where the trader knows the outcome of his investment as soon as he purchases the asset, with the result being all or nothing. When you trade in binary options you are actually predicting if the asset you have purchased will be higher or lower than the price you paid for it (strike price) at the time of expiry. If you have predicted correctly you will receive the payout that was agreed when you purchased the asset, however if you predicted wrong you will lose your investment.

How does a binary option trade work?

It is a very simple procedure to trade in binary options with still enough of a choice to make it possible for personalized trades. The first thing you need to do is choose an asset you wish to trade. There are four main groups of assets to choose from: commodities, currency pairs, indices and stock with many of the trading platforms now having over 100 assets to choose from. There is a choice for investors from all parts of the world as the assets cover the American, Asian, European and Middle Eastern markets. You have a choice of expiry times such as end of hour, day, week, month and some platforms are now offering 60 second options. When you have chosen your asset and expiry time you then need to predict in which direction your asset will move, if you think it will increase you will choose a Call option, and if you think it will decrease you will choose a Put option.

Call: The call option is chosen when an investor believes his chosen asset will be higher than the purchase price at expiry time.

Put: An investor will choose the put option if he thinks the price will be less than the purchase price at time of expiry.

Binary Option’s Outcome:

When you have purchased your binary option you do not need to do anything more apart from wait until it has expired to find out if your prediction was correct. If you have predicted correctly you will receive the pre determined payout known as being “in the money”. However if your prediction was wrong you lose your investment which is known as being “out of the money”. For example if you made a call option and your asset expired higher than the strike price you will be “in the money”, but if it expired below the strike price you will be “out of the money”. Also if you predict the price will be lower than the strike price you will choose a put option and you will be “in the money” if it expires below the strike price.

You will be told the percentage you will receive if your option expires “in the money” at the time of purchase. This percentage varies from one platform to another but it is generally between 65-71 per cent. You will lose your investment if your option expires “out of the money” however there are some platforms that will return as much as 15 per cent of your investment on losing trades.

Because trading in binary options is a simple process, it is not necessary for traders to have an in-depth knowledge of financial markets. If you keep abreast of what is happening in the financial markets by checking online or by newspapers it is possible to be successful at binary options trading.