Category / Investing


Binary brokers – Why you should know about them

Binary option trading has become one of the most sought after forms of trade in the financial markets. With a wide array of assets to trade with and a number of options as far as expiration time and date is concerned, you can expect to earn handsome profits from it. Many traders invest a lot of money in this trade form and it won’t be wrong to say that they have earned even a fortune from binary option trading.

Since  you are investing your hard earned cash, it is important you know how the trade works and what you can do to maximize your returns from the trade or rather improve your ROI or Return on Investment. So, you can refer to the online educational resources that promise to educate you by the time you are ready to take the plunge and trade in real time. The fact that many trading platforms are offering demo accounts has also made it easier for traders to get good returns from the trade. Amidst the hullabaloo, there is one aspect that we certainly cannot ignore and that is the role of the binary option brokers.

Binary brokers in the financial market

You will come across several brokers in the binary market. While some have been in the market since years, others have just started off and trying to carve out a niche for themselves. Whatever be the case, it is certain that you cannot do without one. As such, you ought to stay abreast with the latest developments that are taking place in the world of binary brokers like, which new broker has started operating in the market, the services and products that the existing brokers offer, the fees they charge for using their trading platform, and the bonuses and payouts that they shell out for traders. And the only way you can do so is by visiting different websites that will offer all this information in the same website. For instance, one such website that will surely meet your requirement is So, if you are looking for more information on brokers, you can read more on

What to expect at

When you browse through this website to read more on the brokers, you will be able to know the following about the trading platforms. Check these out.

  • First and foremost the names of the trading platforms
  • How each binary broker differs from the other in terms of services and products?
  • The types of assets that you can select from if you are signing up with a broker or trading platform
  • Whether or not the broker is offering the provision of practicing with demo accounts
  • The minimum amount of money required to trade on the platform
  • Types of expiration time and dates on offer for clients
  • Whether or not a particular broker deals with US traders
  • And if you want to know more about the particular trading platform, you can as well visit their official website. All you have to do is just click on the “Visit Website” button and you will be directed straight to the individual official websites of the binary brokers. 

How Penny Stocks Can Mean Big Profits

In the traditional investing world, penny stocks are looked upon with disdain. The pink sheets or OTC stocks, names thrown around with derision because of how penny stocks have always been looked at. Smaller cap companies were listed on actually pink-colored sheets back in the day and old school Wall Streeters looked the sheets and over-the-counter stocks as beneath them. Because of that, though, they have always had kind of an appeal for outsiders and mavericks.

Which is a great for day traders. Those labels fit day traders perfectly. Day traders by nature go against the grain and they are always searching for outliers. And volatility. Which you can get a ton of when you are trading penny stocks. Penny stocks are notorious for their volatility. The price goes up and down very often, due to fluctuations that can be discerned into a pattern. If you spend enough time looking at the screens.

Screen time is very, very important when you are trying to learn how to become a day trader. In the old days, logging screen time as a day trader meant putting some cold, hard cash into a brokerage account and trading it. No classes, no practice, no safety net. Just real, actual risk for your nest egg. Day traders in the late 1990s and early 2000s put their money on the line, took their lumps and learned on the job. Penny stocks were a way to make money for them, but they had lose money on penny stocks first, in order to find out what not to do.

That does not apply anymore. Today, you can use a day trading education site like Warrior Trading to get out into the world of day trading without actually risking money. You can take the online classes to understand strategies and techniques for finding the best penny stocks to trade. Then you can hang out in the chat room in order to understand how traders actually do it and talk about it on a day-to-day basis. And, best of all, you can spend time paper trading, which means getting into a simulated trading environment and trading virtual currency at the speed of the real market.

But before you do all that you want to be able to find penny stocks that are ripe for big gains. First off, what is a penny stock. It does not actually cost pennies. Penny stocks are generally thought of as companies that trade between $2 and $10 per share. That share price range can cover a whole range of companies, from fintech and biotech to mining concerns and low-level media companies. The range of business is huge. But the good thing is, you do not have to be an expert in those industries in order to trade the stocks. You just need to be able to look for patterns and jump on the trades early and ride them to the right result.

Profit/loss ratio is important and so is overall risk management. You can’t be right on every single trade, so you need to be prepared to be wrong about 40% of the time. Just try to make the profits at least double the losses so that the 60% success rate will leave you in the black.


Forex: the Trading Option That’s Taken the World by Storm

Forex or foreign exchange is the process of buying and selling currency. The simplest way to think of forex (or FX as it is sometimes known) is to think of a travel agent. When you go on holiday you buy the currency of the country you’re going to and sell the currency of the country you’re in. Essentially, you’re trading currency and this is very similar to forex trading.

What is Forex?

The forex market is one of the most liquid financial markets in the world and the daily volume of trade is around $4 trillion. This is because currencies have to be traded constantly in order for business to be conducted between countries. There’s no central forex location due to the global nature of the markets and its size means that it cannot be influenced by a single person or company. Realistically, it can only be shaped by world events.

Buying, Selling and Exchange Rates

Forex trading involves the simultaneous buying of one currency and the selling of another. Each transaction has to happen in a pair and each currency has an abbreviation e.g. EUR for the euro. The ability to trade these currencies stems from the fact that the value of both currencies in the pair is constantly changing.

In forex, any exchange rate between currency pairs are labelled as the bid price and the ask price. The difference between these two prices is known as ‘the spread’ and this is how your forex broker will make its money. As with any business, prices will vary between brokers, so shop around to make sure that you get the best deal.

Points and Pips


In order to turn a profit, you have to know exactly how spreads are measured. So, let’s look at an example:

If USD/EUR has a bid price of 1.400 and an ask price of 1.403 then the spread is three points or, as they’re known in the world of forex, three ‘pips’. A ‘pip’ is the smallest denomination that a currency can move by and this is the same for all currencies the world over.

How Often Can You Trade?

Due to the fact that the forex market is global and doesn’t have a central base, you can trade whenever you want from anywhere in the world. The forex market does not open at weekends, however, and this is the only time that you cannot place a bet. Just think of it being open 24 hours a day, 5 days a week. This means that you can trade at practically any time you want.

So, Why Invest in Forex?

If you regularly keep up with the news and follow the latest financial announcements then you have the opportunity to make a profit from forex. There’s no experience required and you can start from scratch whenever. Try watching some educational videos on trading basics to learn more and, if you think that forex is right for you, find yourself a broker and start investing. 


An Introduction to Forex Trading

Forex trading is an investment vehicle that primarily focuses on taking advantage of currency fluctuations in the world market. Because of the inherent volatilities of currencies, forex trading is often considered one of the riskier forms of investment. However, recent advances in technology particularly in the improved accessibility to information and news that influence currency fluctuations have opened up forex trading to ordinary day traders instead of being solely in the domain of large financial institutions like corporations and national and central banks.

In a nutshell, forex trading is conducted via a foreign exchange market. The rationale behind the forex market boils down to the need to exchange cash in the conduct of various transactions. For example, suppose are based in the UK and you operate a small home-based business that sells unique artifacts from China for decorative purposes; when you purchase items from China, you need to pay for the artifacts in Chinese Yuan because this is the accepted currency there. You now have to “exchange” your British Pound in order to have the Chinese Yuan you need to pay for your goods.

Translating this into the global stage creates the forex trading platform where investors buy and sell currencies depending on the volatility of the currencies involved. For individual investors, these exchange markets include the spot market and the futures market. A spot market is where investors buy and sell currencies depending on the current price.

Transactions in this market require that you purchase a certain amount of currency and pay with another currency. You earn if, over the course of the trading day, you can manage to sell your acquired currency at a much higher value because the price for that currency went up. Conversely, you lose money when you buy currency which then devalues and you sold it at a lower price.

Forex trading in the futures market is more volatile and risky than spot trading but also offers considerably bigger payouts. In futures trading, the investor tries to anticipate where the exchange rate for any currency pair goes up or down after a certain period of time. If he or she gets it correctly, the payout can be as much as 85% of the initial investment; if he or she gets it wrongly, then payout can be zero.

Of course, the whole nature of forex trading is so much more complicated than what these descriptions can offer. Success in forex trading requires experience, whether on the spot or future markets, to be able to learn how to read the trends and news that influence the market. If you are up for it, take the time to study and learn so you can successfully put your money in foreign exchange investments. 


The Advantages of an Annuity over a Certificate of Deposit

When it comes to your money, you have a ton of options. Should you invest it? Should you choose to invest in an annuity? Should you invest in a Certificate of Deposit? Here’s an explanation of what they are and a few reasons why you should invest in an Annuity over a Certificate of Deposit.

What They Are

A Certificate of Deposit, or CD, is a time deposit. They’re similar to a savings account because they’re insured and risk free. They’re different from a savings account in that the CD has a fixed term (monthly, quarterly, annually, or longer) and a fixed interest rate. It’s held until maturity and can then be withdrawn along with the interest accrued.

An annuity is when an individual pays a life insurance company a single premium. That premium will later be distributed back to the party over time. You can set the annuity to be distributed over a specific amount of time via fixed payments, until your death, or until the contract’s final date.

Interest Rate Bonuses


Image via Flickr by 401 (K) 2013

Annuities and Certificate of Deposits have similar interest rates, but fixed-annuity accounts offer a first-year bonus rate. It may not sound like a lot initially, and that’s the truth. However, your the interest compounds over the year of the annuity. Fixed-annuities also offer a minimum rate of return, which helps you budget future income. Certificate of Deposits are subject to whatever the rates are at that time.

Emergency Access

Sometimes, the unexpected happens. In times like that, it’s nice to know that you have options. With a Certificate of Deposit, you don’t have that option without incurring penalties. With tax-deferred annuities, that’s not the case. Depending on the type of annuity and the provisions, there may be some options that allow you to withdraw a portion of your funds completely free of any sort of penalties.

No Impact on Social Security Benefits

With a Certificate of Deposit, the interest income is included in the calculations used to determine taxation on your Social Security benefits. Taxable and tax-free earnings are both reportable and must be included in this calculation. With a tax-deferred annuity, the interest income isn’t reportable until it’s withdrawn. It’s not included in the calculations for Social Security crossover taxation, which preserves the value of your Social Security benefits.

Taxing and Reporting

Certificates of Deposits are reportable and taxable as it’s earned, regardless of whether it’s received or you’re leaving it there to build up. The interest income from tax-deferred annuities is not required to be reported and is not taxable until it’s withdrawn. The advantage here is that when it’s withdrawn, the account holder is likely no longer in their peak earnings years, so they’re in a lower tax bracket.

Multiple Types to Fit Your Needs

Unfortunately, there’s only one type of Certificate of Deposit. You’re extremely limited with your options. With annuities, that’s not the case. As you might imagine, it’s important to know the Fundamentals of Annuities. There are multiple types of annuities:

  • Immediate Annuities – These begin payments for life or for a specified amount of time. Payments can be received monthly, quarterly, semi-annually or annually.
  • Deferred Annuities – These can be funded through a single premium or through flexible payments distributed over months or years. These can help you accumulate money for retirement.

For premium payment methods, there are several options:

  • Single Premium Annuities – These can provide you with a way to turn a large amount of cash into guaranteed income. This option is great for those with cash from a legal settlement, a business sale, or money that has been inherited, and can fund either an immediate or deferred annuity.
  • Flexible Premium Annuities – These are funded over a period of time and allow you to pay premiums of different amounts, either on a schedule or randomly. These can fund fixed or variable deferred annuities.

When assets are invested, there are several options:

  • Fixed Annuities – These guarantee you a specified rate of interest for a certain amount of time and can preserve your assets and protection from market volatility.
  • Variable Annuities – These provide you with a greater opportunity for asset growth through multiple investment choices. Of course, with greater growth comes greater risk.

In many ways, it’s plain to see that annuities hold a clear advantage over certificates of deposits. If things come to a pinch, you’ll be able to get the money you need. Annuities won’t impact your social security benefits, you’ll get interest rate bonuses, and the interest isn’t required to be reported until you withdraw it later in life. What has your experience been with these two financial products?   

Author Bio: 

Author Jane is a freelance writer who loves to write about anything from tech to mommy stuff. She is featured in many blogs as a guest writer, and can write with authority on any niche or subject.