Internet Forex Guide
Forex trading has become very popular with the advent of the internet. There are so many different brokers out there and literally millions more
Internet Forex Scam
Forex trading is highly popular online and another advantage of the online arena is that it can be 24/7 since all of the markets more
What is Forex? Forex is the foreign exchange market and it determines the relative values of different currencies. Follow this link if you wish to find out more
Binary Options Trading Binary Options or Digital Options of Fixed Return Option (FRO) trading is an easy way to trade price fluctuations in multiple global markets more
6 Habits of Successful Forex Traders To make it in Forex trading, you need more than just a little market know-how and some capital to fund your account. Successful traders owe a lot to the careful cultivation of the following 6 habits.more
Success in Forex Trading To make it in Forex trading, you need more than just a little market know-how and some capital to fund your account. Successful traders owe a lot to the careful cultivation of the following 6 habits.more
VIP Binary is a Cyprus-based digital options broker company run by ChargeXP Investments Ltd that has been in existence since 2010. Today’s VIP Binary Review will focus on how the company has persisted in the midst of tough competition in financial trading.
VIP Binary is dedicated to giving a non-complex yet efficient trade platform that is suited for beginners, with less emphasis on convoluted statistics and uses easy-to-digest jargon to keep investors from shying away.
40 Wall Street
New York, NY
This is perhaps the first characteristic noted in our VIP Binary Review. Digital options trading should never be too complicated in the first place, and this is where VIP Binary easily gets noticed.
The site is a good place for newbie traders to make decent profits. However, expert traders may find themselves wondering why there is no special feature for charts or bigger cash deposits. In fairness, the issue can be easily tackled by the site. Our VIP Binary Review scorecard for this:
Among the drawbacks for VIP Binary is that it only caters to a single type of account. But, this isn’t a big issue with newbie investors, but the expert traders may feel left out on some special privileges, like bonuses, that other firms offer their customers.
Drawbacks and distinct features of VIP Binary
VIP Binary requires $200 as minimum deposit, and there is another downside to the firm: it does not allow trades from the United States. The company also does not offer an option trade guide, which makes such huge drawbacks.
Our VIP Binary Review mark:
VIP Binary allows you to trade 82 various types of assets, enabling you trade with index and currency options, including 7 different commodities like platinum and gold, 32 different stocks, 28 stock indices, and 15 currency pairs.
The company also offers several payment schemes through major credit cards and wire transfers. Its trading platform is 100-percent web-based to let you trade anytime, anywhere.
VIP Binary uses the SpotOption Platform to allow you to trade at your most convenient pace. This also allows you to monitor and identify the option that is perfect for you, saving you effort and time. So, our VIP Binary Review score for efficiency:
VIP Binary also boasts of a distinct feature: the capability to “double down” your digital selections. This allows you to double your trade’s amount and execute a new trade by utilizing the current High/Low price. This is important, especially when you feel the price of a commodity is going to sustain its momentum, or not.
Risk Warning: Trading in forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading.