Verum Option is a young, steadily developing broker that offers the most favorable conditions for trading binary options. This article will provide an overview of Verum Option, a BO broker.
Verum Option Binary Broker
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 Option" has several awards, such as the nomination "Best binary broker of 2015, ShowFX", the nomination "Best broker of the CIS, IAFT Awards 2015", as well as the nomination "Best broker of the world of binary options of 2015, Masterforex-V Expo. "
The reliability of Verum Option is regulated by the following organizations: CRFIN and TSROFR. It has the appropriate certificates and a specialized system for protecting money savings for its customers.
Verum Option: broker review
Verum Option offers over 200 different assets to its customers. For example, such as stocks, metals - both gold and silver - various resources, for example, oil and gas, index trading, as well as a large number of various currency pairs. Including various types of options.
Verum Option is a modern and promising broker based on the Western business model. Thanks to all kinds of favorable trading conditions, a convenient and functional trading platform, as well as high security technologies, it is suitable for both beginners and professional traders.
Verum Option Broker Account
A training or demo account plays a very important role in trading. Any reputable and stable broker offers such a service for 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 novice traders. It is on this account that you can master a trading platform, try your hand at trading, and also try new indicators or any strategy, working methodology.
The advantages of a training account over a real one are obvious. First, and most importantly, a demo account allows you to trade in 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. Indeed, it is a demo account that allows you to test the work of any trading strategy, select the appropriate parameters, improve the efficiency of the existing method, and much more.
Broker's trading floor
The broker provides a very convenient trading platform on his website. No need to specifically download the terminal, you can just open a browser and trade. At Verum Option, the trading platform meets all the requirements of traders. In their work, they can use various indicators that are presented for their convenience.
You can select the expiration time, the desired time frame for the analysis. And also at Verum Option, the trading platform has various graphical tools that are necessary to conduct a full technical analysis of the market. Conditions for bidding meet all modern requirements at the global level.
Withdrawal of earned cash
One of the most important indicators of the reliability of any broker is the withdrawal of funds, since the main goal of each trader is to earn and get their money. This topic is particularly interested in new Verum Option customers. User reviews characterize him as one of the most reliable binary brokers you can trust. Stability, professionalism, excellent technical support, responsiveness, caring for your customers 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 his clients, which he provides around the clock. It is worth noting online chat, telephony, e-mail, as well as a special form for contacts on the site.
For the convenience of customers, funds are withdrawn to the most popular electronic systems, such as Yandex.Money, WebMoney, Qiwi. As well as the money earned, you can withdraw to various plastic bank cards, credit or debit. This output system is very convenient to use and creates the most light and practical working conditions.
Deposit, replenishment of a trading account
The broker provides all new traders with great opportunities to get started. For beginners, there is an opportunity to master the profession of a trader with a minimum deposit. This is very convenient, since you can earn by replenishing your real account with only five dollars. Verum Option binary options have a minimum bet of one dollar.
Replenishing a trading account is easy enough. To make payments on your deposit, you can use the most popular payment systems (Yandex.Money, WebMoney, replenishment via QIWI is possible), as well as bank and debit cards, bank transfer. All credits occur within a few minutes. Verum Option's feedback on replenishment and withdrawals is positive, customers are satisfied. Most traders note quick efficiency, instant crediting of funds to their real account, excellent online support.
Training from a broker
Verum Action pays special attention to the training of new traders. The broker provides a variety of materials for the study of trading. Any client has access to a wide variety of various articles on any topic. The site also offers video tutorials, training webinars, and provides everyone with an individual consultant. The manager helps beginners to get comfortable in the foreign exchange market, choose the appropriate method for work and choose the necessary parameters, trading strategy and relevant indicators. The experience and knowledge that the consultant offers are necessary not only at the initial stage of training, but also in the future. Therefore, each manager hand passes through all the difficulties, subtleties and wilds of ambiguities and uncertainties of the market of his ward, achieving concrete results.
The broker's website also offers 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 work in order to conduct an analytical forecast and to know in which direction the market is moving. It is also worth noting that the materials are provided absolutely free to everyone. Therefore, with Verum Option, entering the market is safe and promising in terms of future work.
Opportunity to earn 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 argue that on binary options there is a real possibility of earning. Verum Option reviews also confirm that if certain conditions are met, then it is possible to get the desired income on binary options. What are these conditions?
Working on binary options is not a game, so you need to be serious about it. Before making an option purchase and placing a bet, it is necessary to conduct an analytical forecast. You need to understand which direction the market is moving, and for this you need to take a training course. Knowing where the market movement is going, the trader is more likely to win the option and make a profit. If you do not use forecasting and analytics in your work, in this case it will be a normal game, as, for example, in a casino or in a bookmaker. In this case, the chances of earning something are significantly reduced, and in some cases you can get not only big losses, but also lose your deposit altogether. Therefore, answering the question: "Verum Option - a divorce or not?" - you must always take into account the attitude of the trader towards options, his seriousness, literacy and experience.
The broker "Verum Option" 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 training account, follow the rules of management, and only after a beginner gets positive results, switch to real trading.
Trading Methods
As mentioned above, in order to consistently make money on binary options, you need to use some kind of technique. After a beginner learns the basics of trading, that is, he gets acquainted with the financial market and learns how to make money on it, he selects certain tactics for his trade. 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 a few binary options techniques that you can use with the Verum Option broker, a strategy for trading.
One of the most popular and understandable trading strategies that the broker provides is a technique based on the Moving Averages indicator. Usually this technical tool requires confirmation. In our case, another indicator will be used, which is called stochastic. This method is suitable for novice traders, it is quite clear 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 random, these are Fibonacci numbers. And since there is a close relationship between the Fibonacci numbers and its movement in the foreign exchange market, working with these periods precisely, you can get good results.
Next, you also need to set the stochastic indicator on the chart. It shows the oversold and overbought areas of the market. If it has values from 75 and higher, this means that the market is in the overbought zone, therefore, you need to place a bid on the sale. And if it has a value of 25 or lower - this is an oversold zone, which means you have to buy, that is, open a deal to buy.
As mentioned above, stochastic is a confirming indicator and works interconnected with moving averages. How to work?
When moving averages intersect and are directed up, this is a buy signal, down - a sell. It is impossible to open a deal on the basis of only moving averages, it is necessary to wait for confirmation signals from the stochastic. Do not rush, the right moment will be sure, and you can’t work without confirmations. This is due to the fact that there are both working entry points and false signals on the market. The foreign exchange market is constantly on the move and very often, especially when it is in a flat state, market noises occur that give false entry points.
Trading strategy based on the indicator MASD and Parabolic
This method of work is also well established. The MASD 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 beginners.
1. It is necessary to set the indicators MASD and Parabolic on the chart with standard settings. Entry points: the MASD should cross the zero mark and have one closed column, the entrance to the market at the second.
2. A parabolic, which consists of points, must have two or four points, no more. Buy deals must be opened when the market has an upward movement. For sale - in a downward movement. Both indicators should have indicators in the same direction and be sure to confirm each other. It is also important to note that Parabolic works well during a trend, and when the market is in a flat, it has a lot of false signals. Therefore, it is necessary to take into account the state of the foreign exchange market.
Trading strategy for overclocking a 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 need the following:
1. It is necessary to establish the moving average AO200 on the chart.
2. A prerequisite is that the market has a good trend movement.
3. Working timeframe M5-M15.
4. The first step: you need to wait for the price to roll back from the moving average. Rollback 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 on it (above / below). The main condition is that she comes in contact with the AO.
6. Third step: after confirmation immediately on the next candle, you can open a deal.
Analytical analysis
Having studied statistics, various opinions of experts, including Verum Option reviews, professional traders came to the conclusion that it is the 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 graphical constructions, candlestick patterns and configurations;
- candlestick analysis, which systematizes the market movement and is based on the study of candles, their shapes, patterns, configurations.
This is the basis of any analytics. Being able to predict the market, you can find out in which direction it will move. Therefore, correct diagnosis is the basis of profitable transactions. Therefore, when starting to study trading, you need to pay special attention to various methods of analytical analysis.