Most of the forex traders are also binary traders, because binary trading is less risky than direct forex trading, that you can say classical forex trading. Binary Options are not directly connected with forex market, but they are indirectly connected with forex market and commodity market.
Actually you can say that you do the same as you do in your forex trading, but the difference is that, you have limited risk on binary options, but in forex market, you will lose most of your money or may your account come into negative, if market sudden fall or rise against your open trade. So, that's why nowadays, most of the traders migrate themselves to binary options and they are earning good money with binary option, but this is not as much easy as I am telling you. because every broker has its own rules and regulations and a trader must abide the rules before he head to withdraw his money.
 |
| Binary options |
It has been seen by the author that several traders face conflict of interest when they request for withdrawal and then they see some conditions and restrictions that restrict them to withdraw whole amount of their deposit or partial withdrawal. So, in this case, I would like to suggest you people, whatever you do in forex market and whatever broker you choose, please read all the terms and conditions first and make a snapshot of the terms and conditions for future reference. Another thing, you need to keep this thing in your mind that most of the brokers write their terms and conditions very clearly and one clause in that term is that " They have rights to change or terminate any scheme or promotion at anytime without any prior notice" This is really a killing clause.
Please note that, visit the Terms and Conditions page often, so that you would be able to understand what to do next and you do not get shocked when you request for withdrawal and then it come into notice that "Sorry, you can't".
No comments:
Write comments