Binary trading philippines

Binary Options Trading Philippines. Online Trading Pro. Binary options is emerging in Asian countries like the Philippines as a popular place to trade from. Unlike the US, regulation in the Philippines isn't as strict but there are still sanctions to ensure that your money is safe. For many of you there are questions still to be answered. Is it legal? Can I trust this broker? Which broker should I choose? These are just some of the questions that you probably have. Whilst regulations imposed by the National Bank make it easier for local brokers to operate in their native countries more and more brokers from markets like Europe are marketing their services at countries like the Philippines to try and entice more traders to use their sites. The difficulty can sometimes be in whether to choose a local or international options broker. We've looked at a ton of aspects and the Philippines stacks up pretty good. For those that are unsure about selecting a broker our website removes the uncertainties and presents you with a choice of respectable, licensed brokers that offer a the best user experience. If you want to find out more about binary options in the Philippines here you will learn: The rules and regulations of binary options trading in the Philippines If there are any fees or penalties for trading that you should be aware of How to select either a local or foreign broker to make the most of trading.

Our Top Recommended Brokers. Local Broker Benefits. Binary options trading is growing in popularity in countries like the Philippines. As well as the larger nations like China and India, smaller countries like Indonesia, Malaysia and Singapore, are also becoming more familiar with this type of trading and what it has to offer. There are now many brokers local to these countries and more are popping up all the time. In fact, some of the brokers that you will find in the Philippines were once traders themselves which means they have the experience to know what traders like yourself are looking for. But what should you be looking for in a broker and how do you know which one to choose? Licensing And Regulation. While you may prefer to trader with a local broker that is licensed and regulated by the main bank of the Philippines, foreign brokers also have to be regulated before they can operate there. Whichever option you choose, make sure they are regulated.

Mobile And Tablet Trading. Ease of use and being able to trade on the go are critical to many of you who want to be able to trade, wherever you are. Look at whether the broker offers an app or at least a good mobile responsive website and that you can trade from any device. Bonuses And Incentives. Bonuses are a great way to make your money go further. If you are a new trader, a no deposit bonus is a no-commitment way to try trading before you risk your own funds. For other, more experienced traders there are lots of deposit bonuses and other incentives to keep an eye out for. Customer Help And Support. If you have a question or a query regarding trading, or something to do with your account, you need to ensure that you can get help. Check to see what forms of support the broker offers and how easy it is to get in touch. You may be unsure about whether or not to choose a local broker or whether in fact to follow the bright lights of a foreign broker with all of the wonderful incentives they have to offer.

Whichever you choose you will be wise to do your research and follow the recommendations of a professional service like ourselves. Legal And Regulation. Most countries have some set of regulations and laws when it comes to binary options trading. You can read many reports that the US is very strict when it comes to trading and only allows local brokers to trade. On the other hand in places like Cyprus and the UK they aren't as strict although they have some of the best licensing in the industry. In the Philippines it is really somewhere in between. Whilst there is no professional body as such to regulate binary options trading it is overseen but the country's main bank. Both local and foreign brokers must be regulated to be allowed to solicit their services and be allowed to trade. The trouble with having a bank regulating the industry is that it is not a fool proof system and whiles the local brokers may have undergone scrutiny it isn't always a guarantee that your money is safe. Sometimes it is better to look at the more effective licensing from bodies like which is more regulated and seen as a more reliable source. You must also consider the currency that you are trading in and how that will work for you when withdrawing your winnings. If you are still unsure about which brokers to trust and how to know which one best suits you then you can take a look at our recommendations.

Latest Winning Trades. Paying Taxes And Fees. What are the cost implications for trading and how much of your returns will actually be yours to keep? For those of you that are new to binary trading, the Philippines has a few rules and things you need to consider. The first is the fees that you will incur for trading. Now the commission fee for successful trades is usually taken before you receive your profit but there are other fees you need to be mindful of: You may need to convert currency to trade with a foreign broker Credit card or e-wallet fees charged by your account provider Transaction fees for deposits and withdrawals charged by the broker. Once you have considered the trading fees, you need to check out any tax implications. Now different countries have different tax laws and in some countries a second income could be taxed differently or winnings for trading could be taxed differently. The most important thing is to keep a record of your trading, both losses and winnings as you can offset your losses against your winnings so that you only pay tax on the overall profits. You also need to ensure that you declare the profits.

Hiding it and then being discovered may lead to higher penalties. If you are unsure as to how much profit you are actually left with it is definitely worth tracking your trading and seeing how it works out. How we Recommend Brokers. We want to ensure that you have the best binary options trading experience possible and will only put our name to brokers that we are extremely confident in. We vet, review, inspect and dissect every aspect of the brokers that we recommend to ensure that they safe places for you to invest with. We look not only at their licensing and regulation but also their history. How long have they been operating and what have their results been like in that time? We also look at the type of trading experience they offer from their website on the desktop to the mobile offering. With so many of you now wanting to trade on the move it is important that every broker has an easy to use mobile website or app. Some even go so far as to cater for things like the Apple watch with their designated app. As well as the ease of use and trading experience it is also important to look at the incentives that each broker offers. If you are keen to try out a broker before you make a commitment then you will be looking for a good demo account however if you prefer an attractive sign up bonus then many brokers offer different options. There is also the consideration of minimum trades and how much you have to deposit. If you are wanting to dip your toe then you won't want to deposit as much as an experienced trader that has plenty of trading knowledge.

By choosing one of our recommended brokers you can be confident that you will be choosing wisely. Expert Broker Reviews. Is binary trading in the Philippines legal and safe? Like most countries, the Philippines has specific laws, regulations and requirements. Whilst some countries are more relaxed about trading others have very strict rules. It is perfectly legal to trade either with a local or a foreign broker as long as you adhere to the tax laws. As to whether it is safe well this very much depends on the reliability and security of the broker you choose. Do I need to pay taxes on my trading profits? Each country has its own tax laws but it is standard across the world to declare any profits on earnings whether it be a main or second income and to pay any taxes owed. It is important to keep a trading history of both your losses and wins so that you can work out your net profit and ensure that you only pay tax on the net of the two. The risk of not declaring your winnings could lead to higher penalties.

Can I test brokers before trading with real money? If the broker offers a demo account that doesn't require a deposit then yes you can trade without using real money. You need to shop around for the brokers that offer demo accounts with no deposits but we have made that easy for you by doing the work already. Simply select what criteria you are looking for and we will display the best results. Is it easy to make deposits and withdrawals? Making a deposit is a lot easier than making a withdrawal as you might expect. You simply deposit your funds and you are ready to start trading. Before you make a withdrawal you will need to verify your identity and pass certain security checks first. You then need to consider that it generally takes between 3-5 working days for your withdrawal request to reach your bank account. Can I trade using my mobile or tablet device? As long as you choose a broker that has a mobile friendly website or an app then the answer is yes. The best brokers will offer not only a mobile website but also apps for any type of device from android phones to Apple watches. If you are looking to trade on the go then you will absolutely need to choose a broker that offers a good mobile experience. Again we select brokers to match your criteria and you are sure to find only the best.

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Binary Options Philippines. One of the most populated country’s on earth, yet the Philippines has around 10 million of its inhabitants living in other countries. The reason is clear – unless you live in the capital or one of the major cities you will find unemployment levels rife, especially in the Islands and villages. That’s where the internet plays such an important role and particularly the ability to make money online. As such Binary Options trading is becoming ever more popular as a way to make an income without leaving the comfort of your own home. In order to trade binaries in the Philippines it is essential to take the necessary precautions to avoid unsavoury scams in this largely unregulated market. As there are no local binary options brokers based in the country, traders in the Philippines will need to seek the services of brokers located outside of the country. With most brokers being located far away from the Philippines, there is no way to perform physical verification of these brokers. That’s why Filipino traders should definitely consider only working with regulated brokers. Best Brokers in Philippines.

There are no laws prohibiting this type of trading in Philippines. However you can only open a trading account using a local introducing broker (IB) where these exist, or you would open the account directly from the website of an offshore broker. The market is largely unregulated, so you must be very careful with your broker selection. We have been able to sift out some of the best brokers for your business. These are firms with established track records, no scam history and are well regulated in their countries of domicile. So check out the list of brokers that we have shortlisted below: Recommended Trading Platform. Top Binary Options Broker. The financial markets are regulated by the Securities and Exchange Commission (SEC). This is an autonomous agency of the central government of Philippines, and is responsible for the supervision of the local securities market. In addition, the SEC provides oversight functions for the Philippines Stock Exchange as well as member brokerages. Banks in Philippines also engage in OTC and forex trading activity. Supervision of banks is provided by the Central Bank – Bangko Sentral ng Pilipinas (BSP). The BSP is mandated to provide regulatory direction, promote monetary stability and supervise the operations of banks.

The BSP also has the powers control the operations of finance companies as well as financial institutions (which include introducing broker agents for offshore binary options companies). There are relevant investment laws controlling how Filipinos can invest in the financial markets. The major law is the Investment Houses Law (Amended Presidential Decree No. 129) which mandates that corporations that carry the roles of financial consultancy, investment advisory services, portfolio management, financial agents, and brokerage businesses must be licensed as investment houses. Foreign entities are permitted to take up to 60% of the voting stock of an investment house. Given that most Filipinos interested in binary trading will have to deal with offshore entities, what are the most important points to watch out for? Why is it important to use a broker that is regulated in the country where it is located? Regulation makes the brokerage answerable to the regulating authorities. These regulators provide rules and regulations under which the brokers must function. The rules are meant to protect traders, especially if such traders are in the Philippines and the brokers are in a country which is 10,000 miles away. Regulators function as an enforcement agency which punish errant brokers where there are proven infractions. A regulated environment brings out the best in brokerages as they will strive to be ay their best for the trader. Always use a regulated broker. It is important to distinguish objective reviews provided by those who have used a broker’s services, and paid reviews provided by affiliates.

You can get access to objective reviews from online forums dedicated to trading. You will always find traders who can provide an objective description of their experiences. Take some time to study the trade conditions which are available on the trading platform of your preferred broker. Does the broker offer a multi-lingual platform? Are there tutorials to provide guidance on how to start using the trading platform? Deposit Methods Available In Philippines. Traders in Philippines will be able to use the following methods of transaction on trading platforms. a) Bank wires : These are a universal method of bank transactions and are open to all Filipinos. b) Creditdebit cards : There are some restrictions on what cards can be used on certain binary options platforms. The use of creditdebit cards are therefore not a universally accepted method. The broker that is chosen and the payment method offered on the platform will determine if local credit cards can be used.

c) E-wallets : There is presently an upsurge in the use of e-wallets on trading platforms. In addition to the major ones such as Skrill, Neteller and Webmoney, there are other country-specific e-wallets which can be used to transact on the major ones as well as on the binary options platforms. PesoPay is one of the leading e-wallet companies in Philippines. Others include Paysafecard, PayEasy, Perfectmoney, Smart Money, WeePay GCash, JuanPay, Payza and DragonPay are other e-wallet companies which are available for online transactions. These e-wallets integrate with many of the local banks in Philippines. Traders can therefore use their bank ATM cards (debit cards) to deposit money available on the integrated e-wallets. Is it legal to trade binaries in Philippines? Yes. It is not illegal and is open to anyone above the age of 18 years who wants to participate in it. Yes. Financial services including OTC trading is regulated by the Indonesian Financial Services Authority known locally by its abbreviation OJK. There are no local brokers in Philippines. In order to perform binary options trading in Philippines, you must first open a trading account with an offshore broker.

There may be local introducing brokers representing offshore firms. Best Binary Options Brokers. Best Education Broker. Your capital is at risk. Trade with caution, these products might not be suitable for everyone so make sure you understand the risks involved. FinMax Philippines. FiNMAX is a leading binary options broker regulated by FMRRC and accepts investors from all over the world including Philippines. The trading platform of Finmax is modern, advanced and most user friendly. Its binary trading platform is equally suitable for professional traders and beginners. The platform allows you to trade both classic binary options and turbo options (60 seconds - 5 minutes) with payout up to 90%. You can buy options ranging from 30 seconds to 6 months. Finmax offers bonus deposits up to 100% depending on your deposit amount. You can avail 3 RISK FREE TRADES when you open a new trading account with them.

This is a excellent opportunity to try Binary options in Philippines with FiNMAX. The reason behind FinMax's popularity among Pinoy traders is its generous Bonus Deposit to new accounts and risk free trades. These offers increase the profitability of Binary option traders in Philippines. FinMax Pros and Cons. Advanced platform with easy user interface. Safe and secure deposit method. 48 hour withdrawal processing. Regulated by FMRRC . Free Demo trading account. Up to 100% bonus deposit to Philippines traders.

Minimum deposit of just 10$ . Excellent support in English, Russian, Spanish, French, German, Italian, Polish and Arabic languages. Finmax is one of the best regulated binary options broker. It has friendly customer service and a wide range of payment methods. Philippines. Philippines has a growing binary options trading population, keeping up with the current trends in other parts of Asia. However, the market is not as sanitized as it should be, with local agents of brokers pushing adverts of one platform or another. With such a mix of genuine and scam brokers competing for the local market, it is not surprising that there have been a few scams along the way. But this has not dampened appetite for digital options trading. Binary option trading in Philippines is affected by three major factors: Availability of the product in the country. The attitude of the regulatory agencies towards binary options. Ability to source foreign exchange for binary options trading.

In dealing with the first factor, it is safe to say that although there are no binary options brokers with a physical presence in Philippines, binary options are available for trading. Most Filipino binary options traders work with binary options brokers located in Europe and other minor jurisdictions. Many of these brokers work with local affiliates and introducing agents to market and sell trading of binary options to the local populace. TOP BROKERS IN THE PHILIPPINES. Generally speaking, the financial markets in Philippines are regulated by the Securities and Exchange Commission (SEC), which is an agency of the national government in Philippines. The regulation and supervision of the local stock market is the major function of the SEC. However, it has also assumed the role of providing market advisories against unregistered and unlicensed companies. The wording of the advisories clearly shows that the SEC prefers to have only companies and entities registered and licensed by the SEC to offer investment products to Filipinos. However, it seems powerless to enforce the laws which ban companies not licensed in Philippines from marketing their products and recruiting clients. Even though the SEC provides some investment education, this is not as robust as what is found with some other regulators. Banks in Philippines are subject to supervision and regulation by the Bangko Sentral ng Pilipinas (BSP), which is the central bank of the country. These regulations also cover how banks buy and sell foreign exchange to the public. Hitherto, those interested in buying forex from their banks had to take permission to do so from the BSP.

However, some of the restrictions have been relaxed. The BSP allows Philippine residents and non-residents to purchase forex from: Authorized Agent Banks (AABs) Affiliate Foreign Exchange Corporations (AAB-forex corps) Foreign Exchange Dealers (FXDs) andor Money Changers (MCs) Various levels of regulation govern the sale of forex by these entities. Those who earn forex (either through external trade deals or from offshore financial markets) are not mandated to exchange their forex earnings for pesos. This allows the retention of forex in domiciliary accounts. Forex purchase limits are set to $10,000 purchase maximum (single transaction) and $50,000 maximum purchase in a month. Currency Pairs & Spread. Philippines uses the Peso as its national currency. The Peso is not traded on the international forex or binary options market. Therefore, Filipino traders are required to trade whatever assets they consider familiar on the binary options platforms. Many of the platforms used by Filipino citizens to trade do not feature spreads. Philippines binary options traders usually trade binary options on offshore binary options brokers located in Cyprus and other European jurisdictions such as Malta and Bulgaria.

These offshore brokers offer turnkey platforms that have been developed by companies such as SpotOption, Tech Financials, O-Systems, Tradologic and Hello Binary. A few companies located in other areas such as Belize and St. Vincent & Grenadines are still trying to make in-roads into this market. Binary options bonuses are not awarded by brokers located within Cyprus as these have been banned by . Deposit and Withdrawal Options. Majority of deposit transactions by Filipino traders are done using bank wires and creditdebit cards. Digital wallet use in Philippines is not very widespread, but is experiencing an uptick. Bank wire: This is a universal method of bank transactions and is open to all Filipinos. The use of bank wires is also fuelled by the fact that forex can be purchased by banks in Philippines. Creditdebit cards: Not all binary options brokers accept creditdebit cards issued by Filipino banks. Digital wallets: Skrill, Neteller and Webmoney are international digital wallets which are finding increased popularity with Filipino traders. Part of this popularity is fuelled by the integration of other local e-wallets such PesoPay, PayEasy, Smart Money, WeePay DragonPay, JuanPay and GCash. These local e-wallets are also compatible with local bank cards. Legality & Regulations. What are the legal considerations and regulatory conditions attached to the conduct of the brokerage and trading of binary options in the Philippines?

Binary options, forex and other speculative CFD trading instruments are presently prohibited in Philippines under Securities Regulation Code, Section 11 as well as Paragraph 4 of Rule II of the Amended Rules and Regulations. The SEC frowns at binary options trading and actively encourages the public to report the local agents of these brokers. Despite this ban, many Filipino traders are still flocking to offshore binary options brokers. Here are the frequently asked questions that most people have about trading binary options in Philippines. Answer: The trading of binary options is considered illegal in Philippines under the provisions of the Securities Regulation Code. Is it safe to trade binary options in Philippines? Answer: Binary option trading in Philippines is not very safe at the moment. Many investors have made complaints to the SEC on how they have lost money to offshore brokers. It is very likely that these losses were incurred on platforms of unlicensed brokers. The fact that unlicensed brokers are also competing with the licensed ones for the Filipino market makes it hard for many Filipino traders to know who is who. As a Filipino citizen, am I allowed to trade binary options with offshore brokers? Answer: The SEC in the Philippines regards offshore binary options brokers as unlicensed entities. Therefore, binary option trading with offshore brokers is prohibited in Philippines.

However, there is very little enforcement being done to stop local traders from trading with offshore brokers. Is it possible for binary options traders in Philippines to transact on binary options platforms using PayPal? Answer: PayPal is not available to local Filipino binary options traders. Best Binary Options Brokers in Philippines. With many legal and scam binary options brokers in Philippines, and with lots of local agents for both categories of brokers, there could be a problem with choosing the right broker. Filipino traders must therefore be very vigilant in their broker selection. The top binary options brokers in Philippines are as follows: Binary option traders in Philippines are presently walking a thin line. Binary option trading is considered illegal, but due to poor enforcement, is still going on at an increasing pace. It is difficult to know what the stance of the SEC will be in years to come, but for those Filipino traders who want to brave the odds, they should ensure that they use only regulated entities. NOTICE.

BinaryTrading. org has financial relationships with some of the products and services mentioned on this website, and may be compensated if consumers choose to click on our content and purchase or sign up for the service. – U. S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risks. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to BuySell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC rule 4.41 – hypothetical or simulated performance results have certain limitations. unlike an actual performance record, simulated results do not represent actual trading. also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. no representation is being made that any account will or is likely to achieve profit or losses similar to those shown.

Please note: All content on this website is based on our writers and editors experiences and are not meant to accuse any broker with illegal matters. The words Scam, blacklist, fraud, hoax, sucks, etc are used because all content on this website is written in a fictional, entertainment, satirical and exaggerated format and are therefore sometimes disconnected from reality. All readers must personally judge all content and brokers on their own merits. Additionally, visitors comments are not moderated other than the obvious link spam. People lie. Use your discernment. DISCLAIMER: Trading binary options is extremely risky and you can lose your entire investment. Only deposit and trade with money you can afford to lose. Always refer to local laws, jurisdictions and authorities before performing any action on the internet. The content on this website is NOT financial advice and by use of this site you agree to hold us 100% harmless for any loss. Facebook. Free Demo Account upon registration. BYR Binary Trading Philippines. Just traded for a bit did 67 wins in my trade not bad for not trading for one month.

Again stick with your method never beat the market flow with it never get greedy have a daily goal don't over trade specially when your tired. Register now practice your method or I can help you build one.… BYR Binary Trading Philippines. Take risk but win or lose you'll be smarter and in the end with persistence patience and cosistency you'll be a winner. Trade Binary at IQ option. Free demo account upon registration no deposit required. BYR Binary Trading Philippines. I know he is not a trader but what he said is applicable in binary trading or forex. It is important to know and master your trading pattern method to know how to read charts and indicators. Too hard to study well if you want something like driving a car you will commit to it no matter how many… BYR Binary Trading Philippines. I traded last monday earned 100% of my profit then withdrew my capital and then lost my profit hehehe 😂 😂 . I have been busy this past few week doing some work opening up an outlet so I was not able to focus on trading and traded while tired and with an occupied mind.

So I will not… Ultimate platform for trading Forex | IQ Option. BYR Binary Trading Philippines (-) . BYR Binary Trading Philippines. Like and Share this page if you want to learn something new something exciting and something that you can earn with in the future! Money begets money never believe that you will earn much with out you investing anything that is too good to be true! Letter from a Trader in the Philippines. I’m Joseph and I’m a binary options trader. I’m based in the Philippines, which at times like this makes it hard to have any continuity to my trading. I have been reading BinaryOptionStrategy since 2009 and wanted to reach out to my fellow traders. By now, most of you would have heard about the devastation and havoc that the super Typhoon Haiyan had sowed on the Philippines. According to official figures, more than 3000 people have lost their lives.

The U. N puts the estimated death toll higher at an estimated 4,000+ people. Nobody knows the actual number now as some places are still inaccessible. However, what is becoming more apparent, is that the situation is getting worse for those who survived the onslaught of the typhoon. Survivors are now in desperate need of food and water as well medicines. Many who have not eaten for days have now resorted to scavenging, looting and robbing for food in the attempt for self preservation. Initially, I had hoped to donate some cash to some humanitarian organizations like the Red Cross until I read that £20- can only buy four jerry cans (Locally, a jerry can cost P 100- to P 150-). I realized that my donation will go further if I was to purchase the foodstuff myself (Canned Sardines) and send them to the collection center at the mall which I do my grocery shopping at every week. Twenty dollars will allow me to purchase more than two cases of canned sardines at around P 16- per can. That amount is at least enough to feed a person 3 times a day for 18 days. (Almost) Everything You Need to Know about Binary Options. by Louis Delos Angeles, CPA &bull July 11, 2016 &bull 5 Comments. Five or ten years ago, people shrugged upon hearing the words “stock market.

” Given that it is a subject we did not really talk about during dinner amongst friends, most people used to just dismiss it. But now, thanks to your favorite television sitcoms and other infomercials, the stock market industry is now getting popular as more and more people wish to trade stocks and assets to profit and earn a ton of money. Many beginners in this field would consider trading as a fun and interesting experience. The convenience of not having to leave your house is unspeakable. Perhaps you are one of those people who want to get involved in stock market trading now. At this point, we wish you good luck by providing you this article which will prove to be helpful and informative in your chosen financial path. Today we will cover everything you need to know about the hottest trading option out there which is advisable for beginners: the binary options trading. EASY FINANCIAL DECISIONS TO MAKE. What makes binary options trading a hit for beginners is that you are not burdened with a lot of decisions to make and choose from. Binary options trading means you only have to decide between two possibilities of investment. Either you “call” or “put.” Call is one of your two financial decisions.

You can decide to “call” your asset if your research – or your gut – tells you that the asset or stock you are investing in is going to rise in the stock market. On the other hand, you can opt for “put” when you think that the asset or stock you are investing in is going to fall in the stock market. See? That is not at all confusing. Knowing when to put or call as situations dictate is going to make your trading life easy and more profitable. CONVENIENCE IS THE NAME OF THE GAME. Binary options trading gives you the freedom to trade commodities, stocks, and currencies via a state-of-the-art software which allows you to trade using your personal computer or smartphone. The said software is being provided by your chosen broker which allows you to access and manage your stocks anywhere with an Internet connection anytime. You might find yourself out on a vacation with your loved ones and an important asset needs to be put or called. You only have to log in to your account on your phone and do it while sipping mimosas. PLAY (OR TRADE) TO YOUR ADVANTAGE. Choosing your asset may prove to be difficult for most people. But a wise trader knows how to play (or trade) to his or her advantage.

Your knowledge and understanding of a specific asset will be critical in your success in the stock market industry because these pieces of information will help you make sound decisions whether to call or put. When choosing an asset, choose something that you know very well. Say you and your Twitter app are inseparable. Then why not choose Twitter as your asset? You may allot a time to do your extensive research to know more about how Twitter has done in the past based on its finances. By doing your research, you are already deciding whether Twitter is something you want to invest in. CHOOSE THE BEST BROKER OUT THERE. Since binary options trading is done online, you will have to acquire the services of a broker. Beware of the results that Google give you when you make a search query. Surely you will get a number of brokers that peddle a whole lot of perks and bonuses just to get you to sign up with them. Not every single one of the brokers you can find on Google are vetted, regulated, and licensed. Go through and read the reviews sections and check if people are saying good stuff about the broker. Watch out for false reviews and scams as they are all over the Internet. Brokers’ sites will attract you by promising perks such as welcome and loyalty bonuses.

A good trader will know better to take advantage of these perks. After you sign up with your desired broker, you will receive a welcome bonus. You may use this to start trading in your assets. While a loyalty bonus, on the other hand, is given each time a trader makes a qualifying deposit. To put it simply, the more qualifying deposits you make, the bigger loyalty bonus you receive. Nothing compares to receiving bonuses just by making a deposit to your account, right? Most brokers give their trades the ability to opt for an early exit for any trades they may have made. This only means traders can already withdraw their trades even before their maturity. Say if a trader has already earned and made an about he or she is happy about, he or she can opt for an early exit. This guarantees the money which he or she has profited and earned from that trade. RESEARCH, RESEARCH, RESEARCH. A lot of things affect why stocks rise and fall in the market.

This is why we should stress the importance of always being in the know. Set up a Twitter account and make it a habit to read the financial news pages of your daily newspaper. This way you would know which types of trades and assets are making the rounds in the social media and which types are not falling behind. Always check your broker’s website as they would give you important financial news that you would probably need. If you do this often, you will soon find that binary options trading is actually a rewarding and fun experience for people from all walks of life. Maybe you are in for the thrill or maybe you are in for the whole lot of money which you can earn from the stock market, but to each his own. Feel free to leave a comment below if you have some interesting stock market stories you would like to share. Louis Delos Angeles is a Certified Public Accountant, blogger behind Investing in Philippines, and author of Investing in Stocks: Preparing for the future small amount at a time. Check him out in Google+ Learn more about Louis and his financial freedom advocacy here . Like this: 5 comments for &ldquo (Almost) Everything You Need to Know about Binary Options &rdquo Thanks for sharing this article. Binary options is a risky market but if you really understand how to use signals and implement basic strategies, it is super probitable. cheers!

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Therefore, IQ Option caught our attention when we discovered how many those from PHILIPPINES that traded with them highly recommended IQ Option. Here is our review of IQ Option for PHILIPPINES traders of what we feel is a very well done and worthy trading site to trade binary options on, especially for Filipinos trraders. In this review, we will walk you through everything from the signup to the site right on through to how to place trades as well as customer support. Sign Up for PHILIPPINES traders. The landing page for signing up to the site is very easy to understand and direct, the page was echoed in the actual signup process to access the website. All We have to do is just fill out a simple form, verify our identity by providing some information like First Name, Last Name, Phone Number and then make a deposit to gain access to use the broker for placing binary options trades. Basically, IQ Option was very similar to other web brokers we have signed up with and it’s a very simple process to get the sign up done for PHILIPPINES traders. The first thing we notice after signup was the minimum deposit, we were amazed that all it took was a low minimum deposit of $10 USD or British Pounds to get started trading. That is basically the lowest deposit we have ever seen to enter into trading with a binary options broker that type of dollar amount really lets anyone who wants to trade binary options do it despite their limited income. Furthermore, we decided to invest a little more than that because we wanted to see how well their bonus worked but so far we were not turned off at all by the signup process and were looking forward to seeing what else they did right with their trading website. Bonuses for PHILIPPINES Trader. There are simply a lot of bonuses that this innovative binary options broker offers its Filipinos customers.

Once you start trading on the site you will notice when you hit certain trading time, you will immediately unlock a trading bonus that’s totally unexpectable, the notice will appear on the trading dashboard. Surprises in the form of extra money to invest with are never hard to take. You can also get up to a 100% first deposit bonus on the amount you deposit. This type of money gift is a great way to feel you are not risking your hard earned investment money as you get better at binary trading and you also get used to using a new trading platform, charting and general system. What is nice about IQoption is that even the lower account type still offers a great 80% signup bonus offer so even if you only deposit the minimum requirement of $10 you will still get a few extra dollars to kick start your trading career how good is that? Types of accounts for Filipinos. At IQ Option, unlike most other Binary Options brokers, IQOption likes to keep it simple and treat everyone fairly no matter how much they invest, therefore there are only two different account levels on the website: We have been telling Filipinos traders all along that IQOption is among the most innovative websites that we have ever come across. How do we know this to be true? How about the fact that they were the first to offer their account holders a free demo account for PHILIPPINES traders to practice and learn trading without spending a dime it was a tool that sent a ripple effect throughout the industry as many online binary options brokers and binary option robot followed suit and added them to their list of learning tools. Their PHILIPPINES free demo account helps those that trade with them learn how to operate the web based platform and it also teaches them the finer points of binary options trading before they enter the actual trading platform and start risking real money. Demo accounts offer clients a risk free introduction to binary options trading for sure, because there’re still someone who are skeptical with Binary Trading. IQ Option’s stand-alone demo program even includes an educational webinar for PHILIPPINES traders that goes along with it. You know that you’ve come to the right place when there’re over 70 different assets for you to choose from, especially if you are from PHILIPPINES. Filipinos has the choice to trade their favorite and famous stock such as Wal-Mart, Google and Apple.

IQ Option offer PHILIPPINES traders to choose between Indices, Stocks, Commodities and different currency pair to trade from. There’s of course enough assets variety as well as market opportunity for Filipinos traders to capitalize and make money. PHILIPPINES Trading Platform. IQoption decided once again to be innovative and design a trading platform that would definitely appeal to most traders and at the same time, be simple to use and understand. Well, turn out they did a great job at this. Their trading platform is among the best we have seen and almost flawless while trading. It is laid out nicely and easily menu driven. It also has unique zoom in, zoom out and custom layout features which are quite unique to say the least. It is a platform that will appeal to all level traders from beginners to Filipinos Professional traders. Placing Trades for Filipinos. The well-designed trading platform makes it super easy to start trading on the website. The minimum investment is $1 and the maximum investment is $1000 dollars so it gives you and the other investors wide range of investment options you can use based on how assured you are in the trades you want to make and the amount of risk you are willing to take.

All you need to do to start placing a trade is sign onto the website and go to the trading page. From there, you select the type of option you want to trade, the asset you want to trade with the option and the amount you want to invest. All this can be quickly done with just a few simple clicks of the mouse it is really that effortless to place and execute a trade on IQ Option trading platform. With the right tool, you will be spending your time picking winning trades instead of other complicated trading platform. Return on Investment for PHILIPPINES Trader. What is the best thing no matter what binary options broker you are using? That is right, it’s all about making successful trades and IQ Option gives you all the tools you need to make that happen on a daily and consistent basis. When you do make a successful trade you will often bank as high as 92% on the money you invest. That is a return on investment that is much higher than any other form financial trading and as good as or better than you will see with most other binary options brokers. The return of investment within just a few minute is mind blowing compared to other investment activities.

Banking Method for PHILIPPINES. It is as easy to make deposits on Iqoption because of all the different banking options you can deposit. IQ Option allows PHILIPPINES traders to use: Visa, MasterCard, bank wire transfer, Skrill (MoneyBookers), POLI, Maestro, CashU and WebMoney. As was mentioned before the minimum deposit of $10 is extremely low compared to the rest of the binary options brokers, usually the minimum deposit is $250. Making withdrawals is a very streamlined procedure also. They will generally be processed within 1 to 3 business days and they can be done in many of the same forms as was used to make your deposit. Please keep in mind that in order to make your first withdrawal, you may need to send IQ Option scanned copies of your government issued ID, a scanned copy of a utility bill and a scanned copy of your signed credit card if that is the withdrawal method you are using. That’s to confirm your identity and to prevent online thief. There are fees from $5 – $10 depending on the withdrawal method, so you have to be careful there even though the minimum withdrawal is only $10. Customer Service for PHILIPPINES. Customer support was very helpful and very good at resolving issues, especially if you are from PHILIPPINES. There’s email support available and they’ll answer your trading related question or any inquiries within hours. Of course you are assigned an account manager that can help you with any issues or concerns you have while using the site, you’ll be able to contact himher via email or skype.

However, they are not available 247 so sometimes you may end up waiting for a response. It is really easy to understand why IQOption. com became so popular so fast. We loved that they were very innovative to build their own web platform, instead of using the traditional spotoption platform that’s well-known for lagging. We also give high praise to any trading site that is confident enough in their business to get a regulation license. They back the whole lot up with very good customer support and the high point that get on reviews like this show their dedication to help those that trade with them be successful and leave them with a great trading experience. Simply put, we give this binary option broker a big recommendation to any traders with or without trading knowledge. If you are from PHILIPPINES, don’t hesistate to give them a try and you won’t regret it for sure. Good am..papaano mag diposit sa banko for iq option and what is the account number. Hi guys, i recently started using iq option and i use paymaya to deposit cash in my account. Hope this help.. Good luck. Hello, Good day! Im from Philippines Cebu..

I would like to Know if how am i going to deposit in iq option since im from philippines.. since i dont have credit cards… How am i going to deposit in cash? and where? Thanks.. Your reply is highly appreciated.. I want to deposit in my newly account. Where can I deposit and How? I have no credit cards too. Please respect. Thank you. Do I have to have a dollar account to trade or how do I deposit or withdraw to engage in trading please guide me accordingly. Im from the Philippines, I don’t have Credit Card but I want to deal with this, how do I depositwithdraw to engage in trading please guide me accordingly.

Hi cn i depodite using my bitcoin ? Is there any broker (IQ OPTION) in the Philippines to approach if there is a problem during trading and withdrawal of money.