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  1. #1
    JeffKean is offline Public Member
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    Default The truth behind Binary Options

    Hi,

    I thought i should shed some light onto what Binary Options actually are.

    Affiliates need to know what Binary Options actually are. Its like roullette up or down ( with a few extra addon like one touch and multiple trades) all platforms are selling it as "trade" but no trading actually takes place.

    Its the same as a casino the house " casino" or in this case "Binary option platform website" makes money on the losses of the player/trader.

    Many are offering advice and professional advise from brokers , the player/trader is sent e-mails and signals of trades they should bet on, the physche
    behind it is the player/trader will take the advise of Binary Options website make some trades win and then get carried away and make more trades on their own merits alone , 9 times out of ten they will end up loosing. Hence the Binary Options platform/website makes a profit.
    No trade is done no stocks and shares or commodities change hands every Binary Option websites are not brokers !

    There is nothing untoward with it and its not fraud, its just like a casino you bet against the house.

    Affiliates can make some nice CPA's at the moment from various programs, but you just need to understand what it is and what you are sending your traffic to.

    I would go with the CPA route because unlike casino, players tend to deposit a higher amount first most programs have a min $50 + min deposit to open a trader account. If they start to loose trades then they will eventually stop playing , I believe that player life time in Binary Ops is shorter than casino.

    Just wanted to share this with fellow affiliates and let you know it is a good market to send traffic to. But i also wanted to clarify what it actually is , i have not seen any platform explain it this way yet.

    Regards
    J

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  3. #2
    johnbenjamin's Avatar
    johnbenjamin is offline Public Member
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    Default

    i'd have to disagree in part to this post as it seems to come from a personal opinion rather than the facts. Just so that affiliates aren't misled, a few corrections

    Quote Originally Posted by JeffKean View Post
    I would go with the CPA route because unlike casino, players tend to deposit a higher amount first most programs have a min $50 + min deposit to open a trader account. If they start to loose trades then they will eventually stop playing , I believe that player life time in Binary Ops is shorter than casino.
    The minimum deposit at most binary options platforms starts at $200, a very few accept $100 as a deposit. The CPA usually starts off at $150.

    Yes, it is true that the average player life time is much less with binary options than with casino, however it depends on the trader's psyche. If someone just deposits money and takes a random gamble then of course the chances of losing is always higher. Which is why most binary options brokers take the effort to educate the trade with the day's latest trends and upcoming stocks.

    In regards to 'I have not seen any platform explain it this way yet' is probably because there is way too much content and financial jargon that is easy to be lost in.
    Regards,

    John A. Benjamin

    Forex Affiliate marketing? Join our forex affiliate forums

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  5. #3
    Tarane is offline New Member
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    Default

    Is binary tarding less risky than forex trading? From affiliate point of view, it is the same promoting forex and binary affiliate programs.

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  7. #4
    Ryanloop is offline Public Member
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    Quote Originally Posted by Loveya View Post
    Is binary tarding less risky than forex trading? From affiliate point of view, it is the same promoting forex and binary affiliate programs.
    Binary option trading, is a new way you can make money on Forex currency exchanges. Itís generally much easier trading Forex in this manner in certain respects. You wonít need to deal with anything like margin requirements, you donít have to calculate risk/reward ratios, plus, you donít have to determine entry or exit point.

    Regards
    NextPay global Payment Gateway company with a diverse range of products and services

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  9. #5
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    davemerry is offline Public Member
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    Just brought my first domain in the Binary Options world and a site is in development. This all seems very new to me but hopefully shortly I'll be participating in threads like this

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  11. #6
    anyoptionpartners is offline Non-sponsor Affiliate Program
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    Default

    Hi,
    Above I actually see a good description of the very basic principles of Binary Options trading. The process for the end-user is well described by JeffKean, although many features have been added to many programs in the last year.

    Many affiliates tend to think of Binary Options as an alternative to Forex, though it is actually very complimenting of each other. Many Forex affiliate websites are starting to add Binary Options to their offering, which makes sense as Binary Options is becoming extremely popular on it's own, and it is the simpler 'brother' of Forex.

    This is certainly a good time to start working with Binary Options, as the market growth is extremely strong.

    Good luck!

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  13. #7
    lots0 is offline Former Public Member
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    Anyone have recommendations on what platform is best for affiliates to promote?

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  15. #8
    EugeneK is offline Public Member
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    Default

    Several years ago I accomplished currency trading courses.
    JeffKean is right. In 80% of Forex or Binary programs nobody opens real position. A lot of fraud.

    The minimum deposit at most binary options platforms starts at $200
    I guess you do know that min trading contract is 100,000 on Forex. Broker can provide you with a leverage 1:100. So you need to invest just 1000. But not 200 or 100. It is called smth like "resell" or "miniForex" - so no real participation in currency exchange market. It is pure gambling.

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  17. #9
    leemore is offline Non-sponsor Affiliate Program
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    Default

    Hi
    I'd like to just try to piece this thing together as despite nearly everything being right here - it's sort of being shot fro all angles.
    For starters, binary options are what is known in the trading world as an FRI (Fixed Return Investment). In other words, this thing has been around long before the advent of online operators trying to scratch a buck off of this financial instrument (me and anyoptions included).

    The thing is, it is in fact a lot like roulette in terms of ease. Really anyone with an opinion on the market can finally execute a "trade" based on that. Thing is, it is a trade no matter how you cut it. You can semantically change the word to game. But that is not fair to the pro traders out there who really do use binaries as a means to hedge and take advantage of specific changes in the market. Thing is, they are doing it with the bank just like I was.

    What this means is that despite being easy, and very easy it is, it's still trading and that's what guides traders in. I estimate that those looking for a trading experience constitute no less than 60% of those coming in. The rest are gambling and make-money-fast-opportunists. It's not that these traders don't can't be categorized as "gambler" in terms of their behavior. Of course they are. It's that they are coming from a different motivational background that MUST be addressed by the affiliate if he wants to lure these (the potentially largest and best funded group) traders in.

    Hope that helps

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  19. #10
    supersaiyan1111 is offline New Member
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    Default Binary Option Trading is Risky

    I'm still trying to validate the math in here...but I came across this video that claims that on average one would lose more often than win on binary option trading, without a solid strategy.

    youtube.com/watch?v=IZgEvNuJtGc

    Have asked a lot of people for help validating this. If this is true, then binary option trading is not something I want to get into.

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  21. #11
    -Shay- is offline Public Member
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    From a statistical standpoint, they would NEED to be right more than they are wrong (if "betting" equal amounts every time).

    Even with "solid strategy", one would still inherently lose more often than they win, as probability decreases the shorter the time frame of the "bet" meaning it is more difficult for a sophisticated and TECHNICALLY SOUND investor to predict movement direction accurately within the next 30 minutes. He/she is better able to predict over 3 months than over 30 minutes.

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  23. #12
    leemore is offline Non-sponsor Affiliate Program
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    financial markets can go up or down in any respective time period. Binary options allow the customer to bet on the direction within that time period. So if a customer can guess this coin flip, he wins. If he doesn't he loses. In essence, it has nothing to do with binary options, but rather a human being's ability to gauge future movements in the market. The fact if you win you get 80% of your investment but if you lose you lose 100%, just means you need to be FAR more right than wrong. Nothing too scientific here, it's obvious. If you are 50% right, well, then you are losing
    You need to be about 65% + to win
    Owner of www.whyoptions.com (a Binary Options Portal)
    Owner of www.goptions.com (a Binary Options Brand)

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  25. #13
    supersaiyan1111 is offline New Member
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    Default Thanks!

    Thanks you guys for getting back to me. I guess things make sense now - winning 50% of the time does not mean breaking even - and the loss is more than just time, its also money.

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  27. #14
    -Shay- is offline Public Member
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    Default

    Binaries are not a scam, but they're certainly not "investments" like some are trying to position them.

    That being said, choose a platform/program very carefully.

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  29. #15
    TheGooner's Avatar
    TheGooner is offline Private Member
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    Binary options typically payout between 70% to 90% for a correct "guess" and claim 100% of stake for a losing "guess".

    The ability to predict the up or down movement of currencies or stocks in a small microtime frame is very limited, so it's pretty much a coin flip 50/50 guess, and the structure of the binary options payout means that you are unlikely to be correct often enough to beat the house edge on payouts.

    Any poker player or advanced casino player used to evaluating +EV or -EV would quickly realise the losing proposition of binary options - UNLESS you had a significant edge in making a correct forecast.

    For most people then - binary options are simply another form of tax on the mathematically literate - despite the shrills (see above) and the marketing information suggesting that is is a skilled trading platform.

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  31. #16
    xecutable's Avatar
    xecutable is offline Private Member
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    They should make a seal "Approved by The Gooner" . So by what I have read this means that a binary affiliate will be happy with his earning, and not so happy about the player's retention once they figure out the whole deal?
    Gambipedia.com - casino & slot reviews accompanied by casino betting guides

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  33. #17
    -Shay- is offline Public Member
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    Quote Originally Posted by xecutable View Post
    They should make a seal "Approved by The Gooner" .
    That's the best idea pitched in this thread!

  34. #18
    supersaiyan1111 is offline New Member
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    Default

    I would definitely read the Forbes.com article 'Don't Gamble on Binary Options'. The title pretty much describes the sentiment towards Binary Option Trading ^^.

  35. #19
    MarkLouis123 is offline New Member
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    Default

    The best thing is that binary options provide you with more interest in a less period of time, but do remember the wise decision is required to play over here.

  36. #20
    BinaryMatt is offline New Member
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    Quote Originally Posted by amiel moreno View Post
    We must stop saying that all binary options are scam, this is not the case! All those who complain have a common factor they have been among thugs traders! That make money and cheat on the quotes. They leave a pale image of binary options, while there are very serious as brokers, which are doing a very great job. You've just got the wrong broker that is all.
    I have 3 months experience in binary option, I was very active, I managed to make $ 5000 profit in less than a week in the broker in me restarting 5 times with 100 dollars mainly with the touch / no touch with schemes for info my number of trade this account 4 digits and I have already exceeded 50 thousand dollars in transaction volume and it always starts from the minimum budget
    I really need you to explain this. Are you suggesting that you make profits off of the One Touch options? I only ask because they are the most risky on any binary platform. I said risky, not impossible but if you have even the slightest comprehension of how market prices are affected by worldly events, you'd realize that this particular platform must rely solely on news driven price fluctuations.

    It's more than obvious. Look at any of the One-Touch options available. You will see that the target price is substantially higher or lower than the current price. Oil makes a great example. For a put, notice how the "target price" is a few bucks lower than the actual price? Or a few bucks higher than the actual price for a "Call". In order for the "one-touch to payoff, you essentially need oil to fluctuate in a manner that is comparable to the way it moved back during the invasion of Iraq or the oilfield attacks in Libya. You need news.... and big news to get the prices to move in such an amount that can get you that "one touch" you need to profit....

    So, I'm just curious how on a minimum deposit as you say, you've managed to push your profits up to the $5,000 mark. I'm even more curious how your trade volume is in the $50k range starting with a $100 minimum deposit as you put it..... please enlighten.

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