LBinary is the world’s leading binary option broker and has acknowledged as the Best Binary Option educational provider in Europe for 2012, from the Global Banking and Finance review. In this article we’ll further discuss what features and attributes that come with trading on LBinary’s platform.
LBinary originally opened the website in English and has since provided services to the world in 6 other languages. Although the website is full of educational material and trading strategies, the website is very simple to navigate through.
For those that need to make a deposit before their trade goes through only have to fill out a quick form and then they’ll be able to begin trading right away. The actual trading platform is very direct and easy to use.
Trading Tools
The educational material located in the information section contains articles and reviews which are designed to teach traders how to become more successful. Within the website there is a calendar full of trading events and an ROI calculator.
LBinary will begin offering webinars in 6 languages, which will be scheduled on a weekly rotation between which classes are being taught. Some of the classes are introduction classes to binary option, and show how simple it is to trade binary options online, while other classes are topic based, which teach trading strategies such as Bollinger Bands for binary options, Channel Trading, and Elevator Trading. Webinars are filmed and recorded then stored on Vimeo and Youtube, which allows anyone to go back and watch the video, or for those who couldn’t attend to view the class at their own leisure.
Traders of LBinary receive a Daily Asset Review, Monday – Friday via their email or they may view the DAR on site. It is a short synopsis of what happened on the financial markets the day before and any news that may be relevant for the day. The Daily Asset Review is available in English by 7:00 GMT.
Trading Styles
The best feature of LBinary is the platform itself. There is no software that is necessary to download, which allows traders to log from any computer, use their username and password and access their account. There are more than 120 assets available to trade, which gives traders a huge pool of assets to choice to trade as long as that financial market is open at the time.
There are a few different ways of trading binary options. The traditional Up/Down or Call/Put option is available and is the most basic type of trade. Trades only have to pick which asset they want to trade, the direction the asset is moving (Up/Down), the amount invested, and the expiry time.
Ladder trading is similar to Call/Put trading, but is meant for more advanced traders because there is more freedom for the trader which can adjust the payout rates. One Touch trading has payout rates as high as 400%, and allows traders to make trades on the weekends while the markets are closed, in preparation for the upcoming week. 60 second trading is Up/Down trading but in a 60 second time frame, which is great for binary options because it’s ideal for riding market trends and optimizing earning potential.
The minimal deposit amount is $250 and requires an ID verification process. Withdrawals are very easy to do, as LBinary works with all major credit card companies, Skrill – Moneybrokers, Western Union and wire transfer.
When a trader starts with LBinary they are given an account manager according to their specific region/language. The account managers are there to help manage the trader’s portfolio and provide and technical services that a trader may need. Each account manager has been specifically trained in managing binary options accounts and each come with their own experience trading in the financial markets. Account managers and support staff are available 24/7 via email and telephone.
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