Trading Binary Options with TraderXP

In general, when you look at the possibilities of investing in the stock market or in any kind of fund, your return is dependent on how much that stock or fund moves. If you invest $100 and the stock increases by 10%, then you effectively earn $10. If that same stock increases 20%, then you earn a $20 profit. That’s usually the case, before any of the fees or charges are levied.

That’s not the case when it comes to binary options. Even if the commodity only moves a little, you can earn some very substantial returns. Making this process as quick and easy as possible as TraderXP, the online trading platform that serves as the subject of today’s review. And yes, you can get started in a matter of minutes.

What Is TraderXP?

You might hear about day traders and other people who deal in the stock market. You might hear about all the complex graphs that they may follow and the wide variety of jargon that they have to understand. TraderXP is different in that, while offering a robust platform, they’ve also kept it simple enough for even beginners to understand.

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They specialize in what are called binary options. This is when you look at a particular asset and you simply decide whether that price at time of expiry will be higher or lower than the current price. If you’re right, then you earn a pretty hefty return. If you’re wrong, then you lose (most of) your investment and try again.

Betting on Calls and Puts

The two main terms that you’ll need to know are “calls” and “puts.” When you choose “call,” you are saying that the value will be higher at time of expiration. When you choose “put,” you are saying that the value will be lower at the time of expiration. It’s that simple.

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Take a look at this particular example. We are looking at the price of oil over a certain period of time. The price, at the time that I took the screenshot, was 92.3650. The option expires at 10:00am today. If I invest $1,000 on “put” (or “down”) and the price of oil is below 92.3650 at 10:00am today, then I get $1,700 deposited back into my TraderXP account. That’s a 70% return.

You must invest a minimum of $25 with each binary option. Since the investment field only allows for four digits, the theoretical maximum investment per binary option is $9,999. You can fund your account via credit card, debit card, wire transfer (minimum $500) or CashU, which are also your options for withdrawing money from your account. The minimum withdraw amount is US $100 or 100 Euro, depending on your account currency.

Currencies, Commodities, Indices and Stocks

The binary option that I used as an example above was oil, a commodity. The other major commodity listed on TraderXP is gold. Aside from that, there are several other binary options. For instance, you can buy an option on the exchange rate between USD and JPY, between EUR and AUD, and more.

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There are also options on different indices, like the Hang Seng and the Nikkei 225, as well as options on specific stocks like ANZ Bank and BHP-AU. It is important to note, though, that not all of these options are going to be available to all investors. When you first go to the website, you may be greeted by a pop-up that looks like this:

traderxp-usa

It’s noting that American citizens can’t trade in currencies or commodities. They can still trade on stocks and indices, however. You’ll also notice a pretty glaring typo in that pop-up message (“do” should be “due”). This takes something away from our perception of the legitimacy and trustworthiness of TraderXP. I highly recommend they fix that error immediately.

Earn Up to 75% Returns Every Hour

TraderXP provides you with the tools you need to make educated decisions. The “Traders’ Choice” bar next to each option, for instance, shows you how other investors have been trading on that same option. The site also contains regular market reviews that an inform you about recent developments in the market.

You’re not going to find too many opportunities where you can earn up to a 75% return on your investment every hour. There is quite a spread between being right and wrong, of course, but that’s the risk you take when you invest in the market.

CLICK HERE TO SIGN UP FOR TRADERXP


15 thoughts on “Trading Binary Options with TraderXP”

  1. Mike says:

    Why would they have a warning pop up for USA citizen? if a trading platform is not regulated by the CFTC then why should I invest my money with them if i’m not sure that i’ll won’t have any complications (such as withdrawing) with them??

  2. Edgar says:

    Some binary brokers can’t trade in the US. There are better once with higher payouts.

  3. I. C. Daniel says:

    FOREX is not for everyone. Let’s face it is a probability of losing greater than winning on the stock market.

    Before invest those who register any brokerage platform might take a couple of days for documentation purpose.

    These beeing said I wish you succeed everytime you trade.

    Best regards from I. C. Daniel – Romania

  4. Matt Baran says:

    Good point…is this post geared more towards international readers?

  5. Alberto says:

    I have not tested this software so I cannot comment on its functionality, however I would like to remind everyone that trading of any kind without religiously following a solid, proven trading plan is dangerous and should be avoided.

  6. Some investing platforms are too completed. For Binary Options and others, consumers must understand it from top to bottom, inside out, in order to jump into something like it.

    1. John David says:

      Michael Kwan. I am shocked that John Chow allowed you to post this. Binary Options is the worst way to make money online as 99.9% of people get scammed. The only people making money are the people who refer and even those people lose money due to rejected withdrawals as Ive by someone involved

      On top of all this it is illegal in the USA and probably every other country.

      Stay away from Binary Options

      1. I would love to believe there is a simple system for succeeding with binary options platforms, but for now I’ll have to side with you John David. I’ve spoken to a guy who has traded binaries for years and he was telling me stay the heck away from those sites, the only people that make money or the people who refer others to the sites, but the people that sign up and make deposits typically lose all their money.

        1. Couldn’t agree more. The only way to really make money with Forex is to know what you’re doing but that said, we couldn’t take away the risks and speaking with binary options, you have such a small window to “bet” whether to buy or sell… it’s much more comparable to a gambling system than a real business.

          The ongoing advice is to start trading with DEMO accounts first and do it for at least six months before even starting to invest your hard earned money, reputable forex brokers allow this and I believe none of these binary trading platforms have demo accounts, so you’ll be risking real money the moment you register with them.

          If you want to test it, try putting in $100 and see how fast it drops to zero!

  7. faisal says:

    Its not as easy as it appears.

  8. Ninika says:

    good post sir. It gives me good info to know about the Trading binary option

  9. Robinsh says:

    Hello everyone, I researched a lot but couldn’t find any tool that can really help in tracking the currency market to collect upto 95% returns in every 5 minute of the trade as my broker was giving away.

    If you have anything to try with the security of getting profit on your trades then you can try them and yeah they have minimum deposit of only $20, a good choice for understanding the Binary Options.

  10. TraderXP looks like an interesting platform. I haven’t yet moved away from simply selling and buying stocks but options are interesting.

  11. seo blog says:

    Nice post man! I love trading binary options with traderxp.

    Thanks

  12. outlr says:

    The post is good,But is it easy?

Comments are closed.