Binary Options Regulated and Scam Brokers

[NanoAlpha]

However you want to explain it, there's no trick nothing, does not matter if candles or ticks, simply you get the price you want or trading on 5 seconds interval is PURE GAMBLING and you'll be trading BO as if playing in the Casino as Pharaoh suggests.

Like I said before, the 5 sec are not a problem at all. You can GUARANTEE not to be hit with a spike in those 5 sec. But I don't expect you to figure it out how.

Unlink you, I've done hundreds of test trades on their demo platform, and I know EXACTLY how they work, to the smallest detail. And some stuff is not written on the site.

But you are right, trading BO for the average trader is pure gambling. Just like playing black-jack is pure gambling for the average punter.

But for a card-counter, black-jack is a money making machine, since the odds are turned against the casino. For BO it's the same thing, for a BO card counter, the edge is even more massively in favor of the trader.

The standard retort is then "well, if you can predict prices, why not play pure forex where there are many honest brokers and no limits at all"? This retort can only come from someone who views BO as pretty much the same thing as spot forex, just with slight differences. Such a person doesn't understand the fundamental non-linearities underlying BO, which makes winning at it like shooting fish in a barrel, unlike spot forex.

The only reason why card-counters (quants) didn't descend yet on BO is because all the BO brokers are obvious scams. Dukas is the first one that might truly pay. We'll see.

 

[Roaming]

Hey Boy! Manage your words when replying to me, understood You are testing Dukas if it may pay or not and trying its platform!!
I trade with NADEX, my back is CFTC, had tripled my account in no time.
On my broker platform I know what's the expiry time in advance before opening a contract and it's not anytime like your Dukas 1-60 minute.
Who trade options know how much expiry times are important and influence the Forex market too.
NADEX have tracking record in binary, your Dukas experimenting its new service, and platform with its clients!

Stop that nonsense of 5 seconds protects from spikes. Like Forex the trader takes the price wants or doesn't.
5 seconds guarantees Gambling by not getting price you want, in Forex slippage can do that.
If you are trading BO for no specific prices or even candles then what are you trading!!?
Looking at empty chart ticks as all BO Scam Brokers tell its clients to do just to make them loose money! Are you Blind!

Another nonsense of you tested Dukas demo platform and know how it works! LOL must continue till evening!

You got mad by forgetting that its not your Dukas platform that decides if you gonna be successful BO trader or not but your entries vs the market prices.

Platform don't give advantages by knowing its errors unless you started fighting each other(broker vs you) early on who gonna beat who dude!!!

Who on Earth told you that when trading BO, stopped trading Forex and closed my accounts!!!

Forex is the Basic, the blood in my nerves, BO is just another way of trading the market that I had tried, liked and worked good for me

 

[NanoAlpha]

If you are trading BO for no specific prices or even candles then what are you trading!!?

I'm trading multi-dimensional conditional probabilities ensembles expressed in intrinsic time, after modulation with selected real-time spot forex order-book positioning and volume data. Yes, you can laugh now, and return to your fibs and dojis.

BO is just another way of trading the market that I had tried

Just as I suspected and said above, to you BO or spot forex is about the same thing. You do not understand the huge difference between the payout structures, how that changes everything, and why BOs as offered by new-style brokers (ie, Dukas style, not Saxo/Nadex style) are and will be forever gamable .

 

[Roaming]

Continuing the LOL... Now you want to convince anyone reading your post that BO Trading needs "real-time spot forex order-book positioning and volume data" LOL May take it into consideration if talking about Forex trading but BO..never
You want to criticize too Fibo and Doji when it is technically known for its wide usage by professionals not just normal traders.

Payout structure doesn't matter between BO brokers when all have fixed profit and loss amount.
And, no need to compare BO to Forex, all of us know the difference in payout or revenue.

The importance is in the trading options giving by the broker on its platform that your ignorant type is refusing to absorb.

I insist that Dukas with its current tools in its platform, favors clients losses than profits because it encourages GAMBLING especially among non Forex traders.
Nobody can convince any single trader that 5 seconds has its advantage other than if a trader putting in a spike up or calling on spike down, that's Gambling trading anyway.
Nobody can be convinced that a 1-60 minute expiry time starting from anytime is better than a pre-determined expiry time.

Bottom Line: Dukas BO in its current platform tools is not good for the long term profitability, why? will show the pros and cons below.

Pros: - Swiss Bank FINMA Regulation

Cons:

-5 seconds for position execution

- No pre-determined expiry date

- 90% payout cancelled by spreads that can really hurt in low volatile market, knowing that in BO the 0.1 pip is played on too, so spreads can kill profits.

- If a daily weekly monthly trader or even a 4 hour trader Dukas not for you, max. is 60 minutes expiry time, so the least pip can have big role in position ending in loss or win, implies spreads will hurt, conclude 90% payout to the recycle bin. (Get 80-85% payout without spread from other brokers better)

- Zero Payout if expiry price equals strike price

European Citizens will prefer an FCA BO Broker even if regulated by the UK Gambling Commission... has better BO tools for trading than Dukas Swiss Bank but with all its platform tools deficiency.

 

[NanoAlpha]

Now you want to convince anyone reading your post that BO Trading needs "real-time spot forex order-book positioning and volume data" LOL May take it into consideration if talking about Forex trading but BO..never

See, you don't get even the most obvious things. If that information according to you "May take it into consideration if talking about Forex trading" it means that it may be useful when trading spot forex right? But the Dukas BO options are priced ON THE SPOT FOREX PRICES. So if that info is useful for spot forex, by necessity is also useful for BO, since BOs use the same stream. But I know that you won't get this either.

I'm glad that this discussion made you realize that you should avoid Dukas (at first you were praising them). Indeed, you have no edge on Dukas, and for you it would be pure gambling. So it's right to avoid them.

Good luck on your trading.

 

[Roaming]

Only a F**L does not change opinion when circumstances change and more details are on the table. You opened our eyes on Dukas platform deficiencies that we could not see what you see as a live account client. Still I talk about Dukas Swiss Bank Regulation Pro that helps in nothing during trading

We didn't know about Zero Payout if expiry price equals strike price, We didn't know that its 5 not 3 seconds, we didn't know that spread can be up to 2-3 pips on majors in certain conditions. Briefly, we opened our eyes on the errors.

Dukas BO options are priced like all BO brokers options on market prices the same ones you see in reuters, bloomberg, on all brokers platforms..the only difference is some pip or 2 in price when talking about good BO brokers not scam and manipulators.
Dukas get similar prices but uses its ECN live prices in its BO platform that include spreads that is a disadvantage.

From the start said Dukas not for me as it doesn't accept US Clients. This thread for all ppl interested in BO trading regardless of location, this is why we highlight on all regulated and scam brokers we could figure in any country in the world.

 

[Roaming]

Not to forget the ignorance found in Dukascopy support team. They can't explain clearly the basic points of their BO platform rules, add to it rudeness and stubbornness. If they deal with a non client like that, how after depositing money?? They'll forget you, not answer any email or calls!
You must see how Nadex and my Forex brokers deal with me to know the difference between your brokers out there and mine.
Even in cases they are legally not obliged to cover some errors that occur due to market or out of hand conditions, they do that because I am not any client

Regardless of that all, my opinion is pure technical in this issue.

 

[NanoAlpha]

You opened our eyes on Dukas platform deficiencies that we could not see what you see as a live account client.

All of the stuff that you said you didn't know could have been found out by opening a demo account and doing a few trades. Absolutely nothing from what I said I found out by having a real account, I opened that only AFTER I did my proper and extensive due-diligence, as anybody should do.

You must see how Nadex and my Forex brokers deal with me to know the difference between your brokers out there and mine.
Even in cases they are legally not obliged to cover some errors that occur due to market or out of hand conditions, they do that because I am not any client

I do know how a proper trading venue feels like. LMAX and FXCM are also very kind to me, since I'm no ordinary client either.

But sometimes you need to go where the money is. And that means dealing with lesser regulated entities, like BO brokers or even going to the wild-west and trade bitcoin on unregulated exchanges. Of course, persons with a weak heart should abstain.

 

[Roaming]

Seems you are not understanding that US Citizen and Dukascopy account never meet No test can be made from my side. Why should I make it at first when Dukas platform rules are now clear for us, non compatible to my trading style, full of disadvantages.

In current Dukas platform conditions, there's no money to be made with them, unless they are considered as Casino Gambling Games then Good Luck Boy!

 

[Roaming]

Dukascopy Failure

During browsing different pages in Dukascopy website, look what I got-Screenshot
The same message popped up in different pages, reloaded the page, same message again!

Checking Dukascopy reviews, I can conclude that all that's written about Dukascopy Servers Failures is completely right.

Many report same problem in Dukascopy platforms! I wonder how a client can trade under such conditions!
I think it's all related to same weak servers! Strange coming from a Swiss Bank having bad servers!