Posted July 26, 2012 by Jam Roadster in Binary Brokers

The Best Binary Options Promotions

The Best Binary Options Promotions – Binary options trading is relatively a new form of trading for retail investors. With the economy coming back on track, the numbers of traders opting for it have surged and brokers are keen on bringing the biggest pool of clients to their firms.

In the neck breaking competition, firms providing broker services are bringing out new promotions and bonuses to new clients and appeasing the old ones every day to attract potential clients. This is a good sign for traders. With brokerage firms levying to grab the attention of potential traders, binary options trading is becoming quite profitable! With the variety of options available and great deals announced almost every day, binary options is definitely more than just attractive.

Binary options brokers are travelling the extra mile to bring in clients, both domestic and international ones. Many of them offer promotions and bonuses. One such promotion offered is that the traders get to trade the first three or four trades completely risk free.

This means even if he predicts the direction incorrectly, he would not have to face any loss for the first three or four trades! Almost all brokers offer a free demo account in the beginning. A new trend catching up fast is the extra bonus of approximately twenty percent offered to the trader on his first trade.

Some of the brokers have started reducing their minimum deposit criteria for new traders to jump in the binary option bandwagon. Some brokers also make tie ups with credit card and debit card companies and offer special discounts to specific card users. Not only that, some brokers also provide their VIP or privileged clients with special gift hampers in association with other brands as a part of their advertisement.

Binary Options Bonuses – The numbers of promotions are countless today. But one must read the terms and conditions of the bonuses or offers carefully. Many of them have turned up to be frauds. In fact some of the big names have also come up time and again in various scams and cheating cases.

In some cases fake brokerage sites have used bonuses as bait to get hold of credit card numbers and misused other confidential details. Some promotions can also be scams and therefore a trader must always adopt trusted sources only and never fall prey to unrealistic offers! Some cases have also been reported where traders fell prey to such fake promotions and ended up losing all their private and confidential data to anonymous hackers.

Therefore, you must check the broker and the security measures it adopts to block cookies and spam. Also, one must get in touch with the official binary option broker’s spokesperson before availing any such discounts or special offers.

Promotions offered on binary option broking are no doubt profitable, but only when they do not make you end up being bankrupt! Wise decisions will help you reap profits. So be careful, make the best of the promotions and trade effectively in binary options!

Jam Roadster