We spoke on Skype, he gave me his credit card information and it went through. Two or three days later he had lost all his money trading. He asked me, “What’s going on?” If a trade is successful, clients earn between 60 and 80 percent of the amount they put on the trade. If it isn’t, they lose it all. People gradually lose all their money. But the managers also keep track of the success of every account. If a customer is doing well, the managers will change the probabilities for that account; they will make it less likely for that person’s trades to be successful. Understand the trading terms for each deal. How different are the terms for instance, "strike price" on one side of the trade above strike price compared to the reverse side If they are significantly. Different, the buyer would be forced into the unusual position of having to predict the magnitude as well as the direction of a price movement.
Thousands. There’s a new binary company all the time. It’s got to be 10,000, maybe more. I actually remember some people from abroad with British accents came to our office to learn how to set this up elsewhere. So our managers were explaining, you have to have Internet at this speed, and this is how you train the agents. Apparently this is an export industry and Israel is exporting its expertise in binary options. We have taken time to review and evaluate each of the brokers offering their services to the Canadians. As such, the list provided here comprises of the brokers offering convenient banking support and options for online traders in Canada.
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