FX Options

[Kristianto]

Does anyone trade FX Options?

 

Seems to be getting more and more popular.

[daniuwei]

I read about binary options recently from a blog post: http://www.askmariosingh.com/7111/question-roy-forex-brokers-offer-binary-options/

 

I'm just curious how simple the execution is. I'm waiting for my broker to offer this product.

[Kristianto]

i use saxo and they offer fx options which seem very popular. but i cant seem to find too much information about it.

[kakrosie]

How do you measure popularity when they are struggling to create content online? @-)

[iqofgenius]

I have been trading binary options which are really profitable, quick and very limited loss. DO NOT trade binary options with anyone except Nadex. Those other outfits are non regulated and nothing more than flip a coin gambling.

[ForexMike]

How do you measure popularity when they are struggling to create content online? @-)

 

This makes a lot of sense. Jumping into a different trading style which regulation is questioned should require some caution. Keep in mind that as with trading systems, you are going to have mega websites develop that are going to totally rip you off. My rule of thumb is that if the website looks cheesy, then don't give it any consideration. Check out Nadex as kakrosie and iqofgenius suggests.

[bravester10]

Hi,

I recently started trading on Nadex as well. Any good strategy on Bull spreads or binaries that you can share with us here would be appreciated. Thanks

[Kristianto]

what about think or swim or optionsxpress? thoseare for stocks right?

[Malcolm Gunawan]

FX Options trading can be really profitable if you know your strategies well.

 

I have been making consistent profit doing Strangle and Bull Put Spread