Binary Options Islam

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Binary Options Islam

Posted on October 2, 2012 by John Thiel

Since I have no prior knowledge of the Quran I have collected information regarding Islamic law or Shariah from various Islamic sources and attempted to reach a conclusion about binary options being Halal (permissible) or Haram (Banned). The two main arguments Islamic religious authorities had against binary options trading are as follows: 1. According to Mufti Ikram ul Haq from the Fatwa Center of America binary options (all or nothing digital options) trading is Haram because it involves a large degree of uncertainty (risk in financial terms). In the Shariah this is called  “Gharar” and is prohibited. 2. Muslims are not allowed to …

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Binary Options Brokers Accepting US Traders

Posted on September 27, 2012 by John Thiel

If you are a US resident and like to trade binary options you may have encountered some difficulties registering an account or trying to deposit or withdraw funds. This is because some of the brokers out there have a different interpretation of the regulation. It is important to point out a few important issues: A. There is a HUGE difference between illegal and unregulated. Binary options trading is currently unregulated in the United States, hence in most cases you will be able to register an account and deposit. For some reason some brokers will only let you trade Stock or …

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Binary Options Signals: Strategies and Trading Tips

Posted on September 19, 2012 by John Thiel

What are binary options signals? Basically they can be viewed as alerts or flagging mechanisms that allow you to execute trades in an optimal fashion. There are many types of entry and exit signals, and it would be highly advantageous to have some type of previous trading experience or a minimal amount of knowledge in charting and understanding of basic terminologies, however to get started this is not a must. You do however need to be extremely focused on what you want to achieve as well as make a commitment to being a successful binary options trader – and you …

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Binary Options Brokers Minimum Deposits

Posted on September 16, 2012 by John Thiel

Our staff has collected information from all the binary options brokers we work with and made a simple chart that only includes the minimum deposit, and the bonus received. This snapshot or chart we drafted provides you with the absolute basic information required to start trading binaries online. Should you require more information about a specific broker, simply click on the link the located at the last column for an updated review and analysis. Broker Minimum Deposit Bonus Accepting USA Review Optionbit  $200 50% Yes* Optionbit Review Traderush  $200 50% Yes Traderush Review GlobalOption  $100 40% Yes** GlobalOption Review XPMarkets …

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Binary Options: Safe Brokers and Trading Platforms 2012

Posted on September 15, 2012 by John Thiel

Our staff has conducted an extensive check and review our two leading, recommended, and trusted binary options brokers accepting real money deposits from traders. When we started this journey we only intended on asking them one question: Is Your Trading Platform Safe? Eventually we understood it wasn’t enough and continued to collect the most relevant information for trading binary options at an online broker. Part of our tactics involved posing as amateur or new traders wanting to deposit, and we started to ask a very specific set of questions regarding these major areas: 1.What kind of safety measures are you taking to …

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Binary Options Brokers Accepting Paypal 2012

Posted on September 3, 2012 by John Thiel

Paypal is by far the most popular and recognized ewallet among binary options traders as well as anyone else wanting to purchase goods or services online. As mentioned previously most brokers do not offer this deposit method and due to regulation do not accept Paypal. Still, our staff has recently come across one binary options broker that ACCEPTS PAYPAL. After checking out all the banking section, confirming this with the site owners, and then finally using our Paypal account to deposit, we have come to the conclusion that Empire Option is the only broker that actually processes Paypal transactions in many …

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Four Basic Trading Criteria for Investing in Binary Options

Posted on August 17, 2012 by John Thiel

Dowe Bynum, Co-owner at Bynum Asset Management believes there are four investment criteria or strategies he uses to build his investment portfolio. 1. Circle of Competence: This means before you choose to invest in a stock, index, commodity, or currency, you must conduct proper research. The trick is to target hundreds of stock options and then slowly dilute the lot until you are left with 5-10 good options. Your circle of competence is basically your ability to predict and understand everything that particular stock did on a certain day or time. 2. The Business Logic: Behind every stock there is …

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A Comparison of the Best Binary Options Bonuses

Posted on August 15, 2012 by John Thiel

Binary options brokers will offer you bonuses as incentives. Before you start comparing which broker gives you the best or biggest bonus, it is crucial to draft a bonus strategy based on your trading style. For example, technical traders will typically choose a bonus that is relatively low and/or with a low trading volume requirement attached to it. Scalpers or high frequency traders may even want to forgo their bonus privileges because it damages their ability to move in and out of trades and locks them in to a predefined trading contact based on a minimum trading quota. Generally speaking, …

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High Frequency Trading Strategy in Binary Options

Posted on August 9, 2012 by John Thiel

Is high frequency trading even possible in binary options? Well, assuming you don’t have access to a sophisticated trading algorithm automating the trading process, I highly recommend you stay away from it. However, purely from a theoretical perspective the fundamental analysis is correct. Let’s say you have the option of moving in and out of multiple short term positions in milliseconds based on a predictive analysis of a specific currency, stock, index, or commodity. Let’s continue to assume that that this will be based on the processing speed of the financial markets. Purely from a theoretical perspective you would be …

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New Trading Feature Gives Twitter a Professional Touch

Posted on August 5, 2012 by John Thiel

Twitter has recently launched a new feature allowing its users to click stock symbols (AKA “tickers”) by adding a $ prefix. According to techrunch the statement was made by the company’s own Twitter account. The tech term for it is hash tag or cash tag, only usually it utilizes the pound symbol (#). Rival StockTwits Co-founder and CEO Howard Lindzon mocked Twitter by saying that they “hijacked” the cash tag concept. He continued to add that Twitter will have a serious problem monetizing their traffic since they don’t appeal to a financial community, rather a general internet audience consisting people interested …

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