Anyone know how much of a leap is it to move from regular stock trading to binary options trading?
And any recommendations on the following companies or a reliable place for an american:
>Nadex - the one i'm really looking at
>CTOptions
>Porter finance
I'll take any tips
neither of those companies are reputable or reliable. trading retail binary options is one of the worst things to do with your money, because of how much you will get ripped off on the pricing of the options.
>>1014525
Thanks, that's was how it was looking to me too...
I guess it was too good to be true.
>>1014536
no problem. ive worked in the trading industry for a while, and products/services aimed almost exclusively at retail is almost always bad. now theyre not usually straight up scams but often have extra fees, either visible like for example very high commissions, or more hidden like a binary option priced extremely unfairly against the customer, because the customer doesnt know how to price options. this is especially common in binary option, forex and CFD/spread betting products. thats another reason why its so hard for retail traders to make money, even if you are "good enough" you can still be a net loser because of all the extra fees and crap you have to deal with.
