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Lane
Lane, JD, CFP, MBA, CRPS
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Is http://www.binaroptions.net a reputable source for binary

Resolved Question:

Is http://www.binaroptions.net a reputable source for binary options information?
Submitted: 1 year ago.
Category: Finance
Expert:  Lane replied 1 year ago.

NPVAdvisor :

Hi,

NPVAdvisor :

The site is basically a metasite (in terms of providing links to actual options tarding platforms) they don't actually provide a platform for trading - BUT the information they provide is all accurate

NPVAdvisor :

Also, the platforms for trading that they DO talk about ARE all registered sites (SEC & Commodity Futures Trading Commission)

NPVAdvisor :

Although I don't recommend Wikipedia as a good peer reviwed ot authoritative, research their explanation of binary options is readible and accurate as far as I can tell: http://en.wikipedia.org/wiki/Binary_option

NPVAdvisor :

Further, ANYONE looking to get into binary options should see this (from SEC): http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171575220#.Ug_5Iq69vv4

Customer:

Thanks, XXXXX XXXXX this page I was interested in: Forex Binary Options. Do you think binary options are a good way to trade forex?

NPVAdvisor :

Yep, just the fact that they offer the freebis for practice trading tells you something (for ANY ind of optionts thats important) you can really only learn, get a feel, for options trading by practicing .... Once you get into the practice sites and see how ofetn you ACTUALLY stay profitable and dont lose track of a contract, you'll see how important it is

NPVAdvisor :

DO beware of Banc de Binary Ltd

NPVAdvisor :

there are a lotof scams out there, but when they are offering you a place to practice for free, rather than money up front, that's a good sign

Customer:

cool, thank you

Lane, JD, CFP, MBA, CRPS
Category: Finance
Satisfied Customers: 4200
Experience: Providing Financial, Tax & Business advice since 1986
Lane and other Finance Specialists are ready to help you
Expert:  Lane replied 1 year ago.

Thanks James,

If you'd like to work with ME again just say "For Lane only," at the beginning of your next question.


Regardless... Thanks again,

Lane


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