Binary options: reviews. Verum Option: how to make money trading binary options

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

Verum Option is a young, steadily growing broker that offers the most favorable conditions for binary options trading. This article will provide an overview of Verum Option, a BO broker.

Binary Broker Verum Option

One of the most reliable and popular young Russian binary brokers. Verum Option has been operating in the foreign exchange market relatively recently, since 2015, but already has a well-deserved reputation. The Russian binary broker "Verum Options" has several awards, such as the nomination "The Best Binary Broker 2015, ShowFX", the nomination "The Best Broker of the CIS, IAFT Awards 2015", and the nomination "The Best Broker of the World Binary Options 2015, Masterforex-V Expo".

The reliability of Verum Option is regulated by the following organizations: CRFIN and CROFR. It has the appropriate certificates and a specialized money savings protection system for its clients.

Verum Option Broker Review

"Verum Options" offers more than 200 different assets for its clients. For example, such as stocks, metals - both gold and silver - various resources,for example, oil and gas, index trading, as well as a wide variety of currency pairs. Including various types of options.

Verum Option is a modern and promising broker based on the Western business model. With all sorts of favorable trading conditions, convenient and functional trading platform, as well as high security technologies, it is suitable for both beginners and professional traders.

Demo account from broker Verum Option

Training or demo account plays a very important role in trading. Any reputable and stable broker offers such a service to its clients, including the Verum Option broker. User reviews about the need for such an account are absolutely all unambiguous - positive. It is simply indispensable for beginner traders. It is on such an account that you can master the trading platform, try your hand at trading, as well as test new indicators or any strategy or method of work.

The advantages of a practice account over a real one are obvious. Firstly, and most importantly, a demo account allows you to trade on the foreign exchange market without any risks and your own investments. Secondly, such an account is suitable not only for novice traders, but also for more experienced speculators. After all, it is a demo account that allows you to test the operation of any trading strategy, select the appropriate parameters, improve the performance of an existing method, and much more.

Broker Marketplace

Brokerprovides a very convenient marketplace on its website. There is no need to specifically download the terminal, you can just open a browser and trade. Verum Option has a trading platform that meets all the requirements of traders. In their work, they can use various indicators that are presented for their convenience.

You can choose the expiration time, the desired timeframe for analysis. And also at Verum Option, the trading platform has various graphical tools that are necessary to conduct a full-fledged technical analysis of the market. Bidding conditions meet all modern requirements at the global level.

Withdrawal of earned funds

One of the most important indicators of the reliability of any broker is the withdrawal of funds, since the main goal of every trader is to earn and get their money. This topic is of particular interest to new clients of Verum Option. User reviews characterize it as one of the most reliable binary brokers that you can trust. Stability, professionalism, excellent technical support, efficiency, taking care of their clients and helping them at any stage - this and much more defines this binary broker. Verum Option reviews are always positive and adequate.

The broker pays special attention to the technical support of its clients, which it provides around the clock. It is worth noting online chat, telephony, e-mail, as well as a special contact form on the site.

For the convenience of customers, withdrawals are made to the mostpopular electronic systems such as Yandex. Money, WebMoney electronic payment system, Qiwi. And also earned money can be withdrawn to various plastic bank cards, credit or debit. This withdrawal system is very convenient to use and creates the most easy and practical working conditions.

Deposit, replenishment of the trading account

The broker provides all new traders with a great opportunity to get started. For beginners, there is an opportunity to master the profession of a trader with a minimum deposit. This is very convenient, as you can earn by replenishing your real account with just five dollars. Binary options Verum Option have a minimum bet of one dollar.

Funding your trading account is quite easy. To make payments to your deposit, you can use the most popular payment systems ("Yandex. Money", WebMoney system, replenishment via QIWI is possible), as well as bank and debit cards, bank transfer. All transfers occur within a few minutes. Reviews of Verum Option regarding deposits and withdrawals are positive, customers are satisfied. Most traders note fast efficiency, instant transfer of funds to their real account, excellent online support.

Training from a broker

Verum Options pays special attention to training new traders. The broker provides a variety of materials for learning trading. Anythe client has access to a wide variety of various articles on any topic. The site also offers video tutorials, training webinars, provides everyone with an individual consultant. The manager helps beginners to get comfortable in the foreign exchange market, choose the appropriate method for working and select the right parameters, trading strategy and appropriate indicators. The experience and knowledge offered by the consultant is necessary not only at the initial stage of training, but also in the long term. Therefore, each manager by the hand guides through all the complexities, subtleties and wilds of ambiguities and uncertainties of the market of his ward, achieving concrete results.

Also on the broker's website there are training programs and courses where you can learn how to analyze the market, master technical and fundamental analysis. All these methods are necessary for any trader to make an analytical forecast and know in which direction the market is moving. It is also worth noting that the materials are provided absolutely free of charge to everyone. Therefore, with Verum Option, entering the market is safe and promising in terms of further work.

Earning opportunity or divorce?

Opinions about binary options are far from unambiguous. There are users who believe that binary options are a common scam for suckers. However, experts say that there is a real opportunity to earn money on binary options. Reviews of Verum Option also confirm that if certain conditions are met, then it is possible to receive the desired income on binary options. What is thisconditions?

Working on binary options is not a game, so you need to take it very seriously. Before buying an option and placing a bet, it is necessary to conduct an analytical forecast. You need to understand in which direction the market is moving, and for this you need to take a training course. By knowing where the market is heading, the trader is more likely to win the option and make a profit. If you do not use forecasting and analytics in your work, then it will be an ordinary game, as, for example, in a casino or in a bookmaker's office. In this case, the chances of earning something are significantly reduced, and in some cases you can get not only big losses, but even lose your deposit. Therefore, answering the question: "Verum Option - a divorce or not?" - you must always take into account the attitude of the trader to options, his seriousness, literacy and experience.

Broker "Verum Options" absolutely honestly provides all trading tools, free training, and also warns that in order to earn money, you must comply with all conditions. That is, take a training course, gain trading skills on a practice account, follow the management rules, and only after a beginner receives positive results, switch to real trading.

Trading Methods

As mentioned above, in order to consistently earn on binary options, you need to apply some technique. After a beginner learns the basics of trading, that isgets acquainted with the financial market and learns how to make money on it, he selects certain tactics for his trading. Then the beginner needs to decide on a specific technique, which will need to be tested on a training account. Next, we will look at several binary options techniques that can be used with the broker Verum Option, a strategy for trading.

One of the most popular and understandable trading strategies provided by the broker is the technique based on the "Moving Averages" indicator. Usually this technical instrument requires confirmation. In our case, another indicator will be used, which is called the stochastic. This method is suitable for novice traders, it is quite understandable and does not require any additional analytics.

Trading strategy based on moving averages and stochastic indicator: description

First of all, you need to set three moving averages on the chart with a period of 5, 8, 13. These periods are not chosen by chance, these are Fibonacci numbers. And since there is a close relationship between the Fibonacci numbers and its movement in the currency market, then, working with these periods, you can get good results.

Next, you also need to install the stochastic indicator on the chart. It shows the oversold and overbought areas of the market. If it has values of 75 or more, this means that the market is in the overbought zone, therefore, you need to place a sell bet. And if it has a value of 25and below - this is the oversold zone, which means you need to buy, that is, open a deal to buy.

As mentioned above, the stochastic is a confirming indicator and works in conjunction with moving averages. How to work?

When the moving averages cross and are directed upwards, this is a signal to buy, down - to sell. You cannot open a deal based on only moving averages, you must definitely wait for confirming signals from the stochastic. Do not rush, there will definitely be the right moment, and you cannot work without confirmation. This is due to the fact that the market has both working entry points and false signals. The currency market is constantly in motion and very often, especially when it is in a flat state, market noise occurs, which give false entry points.

Trading strategy based on the MASD indicator and Parabolic

This method of work has also proven itself well. The MACD indicator itself is built on the basis of moving averages, Parabolic in this case will be a confirmation. The trading strategy is quite simple and clear and suitable for beginner traders.

1. You need to install the MACD and Parabolic indicators on the chart with standard settings. Entry points: MASD must cross the zero mark and have one closed column, entry into the market - on the second.

2. A parabolic, which consists of points, should have two or four points, no more. Buy deals should be opened when the market has an upward movement. For sale - with a downward movement. Both indicators must beindicators in the same direction and be sure to confirm each other. It is also important to note that the Parabolic works well during a trend, and when the market is in a flat, it has many false signals. Therefore, it is necessary to take into account the state of the foreign exchange market.

Trading strategy for overclocking the deposit

Usually, many novice traders open small deposits. And, of course, initially their goal is to increase their own funds. This trading strategy is designed specifically for such situations. To work, you will need the following:

1. You need to set the moving average AO200 on the chart.

2. A prerequisite is that the market has a good trend movement.

3. Working timeframe М5-М15.

4. The first step is to wait for the price to pull back from the moving average. Pullback should occur in the form of one, maximum three candles, and they should be without shadows and small.

5. The second step: confirmation, which means that the price should return back to the moving average and be sure to close (above/below) on it. The main condition is that it comes into contact with the AO.

6. Third step: after confirmation, immediately on the next candle, you can open a deal.

Analytical analysis

After studying the statistics, various opinions of experts, including reviews of Verum Option, professional traders came to the conclusion that it is analytical analysis that is the main factor for profitable trading. It includes the following types:

• fundamental analysis based on various economic news;
• technical analysis, including charting, candlestick patterns and configurations;
• candlestick analysis, which systematizes the market movement and is based on the study of candles, their figures, patterns, configurations.

This is the basis of any analytics. Knowing how to predict the market, you can find out in which direction it will move. Therefore, correct diagnostics is the basis of profitable trades. Therefore, when starting to study trading, you need to pay special attention to various methods of analytical analysis.