Alpari binary options: description, demo account, technology and reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Binary options (BO) is one of the most popular trading tools. They are a contract under which the investor will receive money if he foresees the price movement. The subject of the transaction can be any asset: stocks, currency pairs, indices, commodities. In theory, the strength of the price movement does not matter, only the direction is important. For more information on what Alpari binary options are and how to use them, read on.

Essence

Let's consider a simple example. Deutsche Bank in July 2014 announced a decrease in net profit by EUR 100 million per quarter. The next day after the release of the news, the shares began to sell, which led to a fall in quotations. Having tracked such a trend in advance, a binary options trader could buy contracts on the conditions of a falling price and multiply his initial investment several times during the trading day. This example is goodshows the principle of operation of BO. If the trader guesses with the direction, he receives money, if not, he loses.

Binary VS Traditional Options

These two instruments have only the same word in the name. The table below illustrates the differences between them.

Indicator	BO	Vanilla options
Term of contract	From 1 minute to several weeks	Once a month
Payout	Fixed	Depends on purchase price
Profit	Depends on direction of travel	You can use an option only if the ratio of its market and real prices
Eligibility to buy	With any asset	If the option is profitable, you can use it to buy shares

Alpari conditions

• Deposit and withdrawal via WebMoney.
• Min deposit: 10 USD.
• Min bet: 5 USD.
• Expiration period: 3-60 min.
• Bonuses: up to 50% on deposit.
• Maximum yield - 89% on Alpari (binary options).
• Demo account is provided without registration.
• Specifications: Alpari binary options can be bought on currency pairs and commodities (gold, silver). Stocks, futures and indices cannot be traded.
• Market analytics available to traders directly from the platform window.
• Support is available 24/7.
• There are no withdrawal fees.
• Refund: up to 20%.

Alpari binary options: the benefits of trading

• Risk management. When placing a bet, the trader knows in advance how much money he will receive or lose in any outcome. The broker does not charge additional commissions.
• It is not an asset that is bought, but a contract. This allows you to overcome price barriers.
• Income maximization. Depending on the terms of the deal, the profit in case of winning will be 71-85%. Alpari binary options are the most profitable among all available instruments.
• Trading strategies are similar to Forex.
• Convenience. All transactions are made online through the platform. You can download the program on a PC, smartphone or use the online version.
• Contracts are accepted for execution 24 hours a day (on weekdays).
• The execution time does not exceed a few hours. Traders with small deposits can make several trades per day.
• A demo account is opened for free immediately after user registration.

Time matters

Alpari binary options have several names: digital, dual, "all or nothing". The essence of the tool does not change from this. You need to determine the direction of price movement, choose the time of expiration (completion of the transaction) and purchase a contractunder the relevant conditions. There are brokers who provide futures contracts with expiration in one minute. Others rely on long-term deals (from a few days to a month). The most popular are fixed-term contracts with an expiration period of up to one hour. These are exactly what the Alpari broker offers.

How to trade binary options? It is enough to select the type of asset in the OptionTrader platform, the time to complete the transaction and click on the PUT or CALL button. In case of winning, the trader receives his initial deposit and an additional 70-85% of the profit. If the direction of movement turned out to be different, the broker returns to the trader up to 20% of the deposit as compensation.

Example

The trader assumes that the EUR/USD ratio will increase relative to the current value in 30 minutes. He purchases a High/Low High (CALL) contact for $5. Current value: 1.35. By the time of expiration, the ratio was 1.4. The trader was right. As a result of the transaction, the broker will pay him: $5 + 5 x 0.7=$8.5.

Binary options trading does not take much effort at Alpari. It does not matter how much the financial asset will change - 10, 20 or 50 points. Only direction matters.

Views

A trader can choose one of four types of contracts:

1. High / Low: if by the time of expiration the price is above (Call) or below (Put) the current level, the trader will receive income. These are the simplest types of transactions, which provide for a minimum70% reward.

2. One Touch: the trader will make a profit if the price touches one of the proposed levels when it rises (Call) or falls (Put).

3. Range High / Low: The trader selects a range above (Call) or below (Put) the current price. If by the time of expiration the value of the contract is within the specified limits, a reward will be paid.

How to make the right choice

Beginners should start with the classic Raise/Lower options. These are the least risky and easy to understand tools. For the period of studying the platform, it is not necessary to invest all available funds in Alpari (binary options). The minimum deposit with the broker is only $10 (against $250 for competitors). But at a rate of $5, these funds will be enough to complete at least two transactions. Those who do not want to risk their own funds at all can trade on a demo account for the first time. Alpari provides it for free with a full range of features, while other brokers allow traders to "train" with the platform only after making a deposit. Another good news is that the user can choose the balance of the virtual account on his own. After gaining experience in using the terminal and skills in determining the moment to enter a trade, you can try other options.

The next step is choosing the right trading strategy. It depends on the timeframe, asset and expiration dates. The most popular are scalpingstrategies for 60 seconds. But, firstly, not every broker provides the so-called turbo options (with an expiration period of one minute). Secondly, we must not forget about the technical features of the process. All transactions are carried out via the Internet. No one is immune from interruptions in the provider's network. Every self-respecting broker, before accepting a contract for execution, will ask the trader to confirm his intention. If no feedback is received within 5 seconds, the contract is accepted for execution. If the expiration time is at least 5 minutes, significant changes in price should not occur. But if the transaction is registered for 60 seconds, then from the moment the order is placed until it is accepted for execution, the price of the contract can change dramatically. Whatever strategy you choose, it is important to remember the main rule of risk management: do not invest everything in one asset.

Platform

Most brokers provide the ability to trade online. This is not always convenient. You cannot put indicators on the charts or draw support-resistance lines. Advertising often appears in the working window of the program, which interferes with analysis and even making deals. Therefore, it is better to use the desktop version of the software. OptionTrader is a platform designed specifically for BO trading. It is enough for a trader to download and install the application, enter the data of the trading account - and you can start trading. There is a separate version of the program for smartphones and tablets.

Trade automationcontributes to the system of copying profitable trades. The trader independently decides whether to connect his terminal to the service of duplicating trading orders. Other clients through the "Personal Account" can join experienced players. Trades made by a successful trader will be copied to the accounts of other players.

"Alpari" binary options: reviews

The first thing worth noting is the regular payments of earned funds to a bank account and Webmoney wallet. Some brokers refuse to withdraw funds through electronic payment systems, explaining that they cannot identify the user. Experienced players are advised to work through the bank. To withdraw money, you need to verify your Alpari account (binary options). User reviews say that no broker will send money to unconfirmed details. For verification, you must provide a scanned copy of your passport or driving license, a paid receipt indicating the address and a photo of the front side of the card to which the transfer will be issued.

A special platform has been developed for BO trading. It is very different from the classic MT4: it lacks tools for analysis. But you can still get used to it. The Russification of the platform is also a big advantage.

Real reviews of Alpari binary options confirm that trading only short-term contracts is inconvenient. There are many strategies for the long term. Trades with an expiration of 3-5 minutes can beof interest to professional traders. Beginners during the period of development of the platform usually make bets with an expiration of several hours.