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There’s only one – standard account type where all the MarketsWorld customers can get the same traits, bonuses and service quality. While this will not be too appealing for higher level traders, many argue that this is fair and that MarketsWorld provides a good and well-rounded service.
MarketsWorld is a UK binary options broker operated by Markets the World from Isle of Man and regulated by the Gambling Supervision Commission. The broker was founded in 2011 and has since successfully served a relatively small but highly satisfied client base.
Some traders might find the asset list somewhat limited with 7 currency pairs including EUR/USD, AUD/USD, EUR/GBP, three commodities including gold, silver, and oil, and four indices including FTSE 100, DAX, CAC 40, Dow Jones, and IBEX 35.
You can open a real money account on MarketsWorld with a minimum deposit of just $20. Although you can make unlimited withdrawals, we would not advise doing so using wire transfers as there’s a considerable fee for it. The accepted deposit and withdrawal methods are bank wire transfer, the most popular credit cards including VISA, MasterCard, and Maestro, as well as e-wallets such as Neteller and uCash.
MarketsWorld offers a smooth and easy to navigate website, being very straightforward and clear. The trading platform offers major currencies, indexes, and commodities, with a good interface, fast execution and accurate quotes.
Although the promised profits of up to 95% are almost impossible to attain, we indeed found the trades with MarketsWorld generally easy and intuitive. While not completely fulfilling their advertising promises, the broker will definitely allow you the ease of mind needed to concentrate on the trades.
MarketsWorld offers various bonuses including $50 free trade bonuses, deposit bonuses of 100% up to $1,000, and $500 bonuses for referring friends. If you choose to accept a bonus, it will be available as leverage until you make a certain turnover which you can always check before taking the bonus, and afterwards in your account status at any time. The bonus terms and conditions were not hidden in the fine print with MarketsWorld, which further proves their reliability and transparency.
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There are many companies out there that create and sell forex robots. If you're in the market to buy one, be careful who you deal with. It's common for a company to spring up overnight and start selling an "instant riches" forex robot, including a money back guarantee, only to disappear in about 45 days or so.
If you have a forex strategy that is strictly mechanical and doesn't require a human in the decision-making process, you can program your forex robot to trade for you 24 hours a day.
A forex robot is a piece of automated forex trading software that automates trading decisions. The most popular robots for retail traders are built around the Metatrader platform. These robots run on MetaTrader as "expert advisers" and they can do anything from giving you a signal to place a trade, to placing and managing the trade for you automatically.
If there was an application of 'buyer-beware' it's extremely applicable in Forex Robots. The most natural question to ask when proposed to buy a system is, 'If it works so well, why is it being sold for such a discount?' Typically, altruism is not the intention, but rather sub-par systems are sold as soon as a data-mined outcome can be put together so that an uneducated buyer can purchase the code.
There are successful robots out there, but one must be aware of the data-mining bias that is front and center of most made-for-purchase systems. I have seen many successful systems and continue to learn more. Typically, these systems maintain an edge and manage risk successfully. There are less about high win rates and more about position sizing and cutting losses quick.
Data Mining Bias is the unspoken enemy of many traders who purchase Forex Robots. Data-Mining bias is the process of 'cherry-picking' the best backtest out of hundreds or more, and presenting that best backtest of they many as the likely outcome for the purchaser of the forex robot. One of the leaders of this fight to make investors aware of Data Mining Bias is David Aronson.
David Aronson wrote an excellent and detailed book called Evidence-Based Technical Analysis. His argument among many good arguments is that systems or indicators that are espoused to be best performers or most accurate predictors of future performance are likely a false conclusion. Rather, the finding of the outlier is often proven by looking at one data set and not testing that indicator over multiple cycles or environment.
The majority of made-for-purchase forex robots out there are not profitable. If you are planning on purchasing one, please do your research. It's best to be doubtful because there a great deal of curve fitting or data mining bias in the made-for-purchase offerings.
The most bullish of options trading strategies is simply buying a call option used by most options traders.
Options strategies allow traders to profit from movements in the underlying assets that are bullish, bearish or neutral. In the case of neutral strategies, they can be further classified into those that are bullish on volatility and those that are bearish on volatility. Traders can also profit off time decay when the stock market has low volatility as well, usually measured by the Greek letter Theta. The option positions used can be long and/or short positions in calls and puts.
A good example of a fairly complex option strategy that is hard to analyze without a profit/loss chart is a Long Condor – an option strategy consisting of options with 4 different strikes.
A typical option strategy involves the purchase / selling of at least 2-3 different options (with different strikes and / or time to expiry), and the value of such portfolio may change in a very complex way.
Bearish options strategies are employed when the options trader expects the underlying stock price to move downwards. It is necessary to assess how low the stock price can go and the time frame in which the decline will happen in order to select the optimum trading strategy. Selling a Bearish option is also another type of strategy that gives the trader a "credit". This does require a margin account.
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Options involve risk and are not suitable for all investors. Prior to trading options, you must be approved for options trading and read the Characteristics and Risks of Standardized Options. A copy may also be requested via email at [email protected] or via mail to eOption, 950 Milwaukee Ave., Ste. 102, Glenview, IL 60025. Online trading has inherent risks due to loss of online services or delays from system performance, risk parameters, market conditions, and erroneous or unavailable market data.
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eOption offers an alternative style of investing called Auto Trading. Auto Trading is an investment system for executing trade alerts, when subscribing to a third party newsletter that has been researched and chosen by the investor. Newsletter trade alerts provide tips on what to invest in the market. eOption Auto Trading executes your newsletter subscription(s) trade alerts and enacts those trades based on whatever further parameters you’ve provided. You can change these requirements at any time and still get all the bonuses eOption has to offer including some of the lowest trading commissions in the industry.