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To prevent running afoul of anti money laundering measures, all fund transfers are done through internationally recognized methods like credit cards, wire transfer and MoneyBookers. The recent makeover at OptionBit is like a breath of fresh air. But what is truly impressive is the fact that they have gone through all the trouble to incorporate the Algobit Trading Management System with their trading platform.

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In that case, traders only have to:. When trader believes the trend is coming to an end, it is possible to trade against it simply by clicking the opposite direction, and once again selecting the expiry time and the trading amount. By clicking Analysis traders can easily refresh the page.

We recommend traders to refresh the page frequently, to make sure they get all the latest information. First, they have to select an asset: commodity, indices, stock or currency. Afterward, they select the direction, and then the amount they want to trade, as well as the expiry time.

In the end, traders have to confirm the trade. After all, is done, in the upper part of the platform traders will see a little box. The green boy means that the option is in the money, while red box means that the option is out of the money. The box is also showing the asset, countdown timer, and direction.

By clicking the box, traders can easily follow the chart. After the expiry time ends, new Balance on the trading account is shown. The fact that Algobit system supports both types of trading and supports trading independently from OptionBit, allows traders that are trading manually, but are not sure in their decision every time they trade, to simply switch to auto trading at any moment.

The software is never executing trades by itself. Algobit is only delivering signals that traders can use to activate trading. Expiry times range from 1,2 and 5 minutes for short-term trades to 15 min, 30 min and end of the day for long-term trading. These expiry times are available for both auto and manual trading with Algobit. Traders can easily navigate Algobit platform in order o find the information they are looking for. The menu can be found on the top of the platform, just like boxes used for opened trades, expired trades, balance and live tab.

This allows great overview over trades placed. The live tab allows traders to communicate with professional market analysts. OptionBit is the binary broker that officially offers no demo account for Algobit. Still, traders should as customer support whether this feature is available. Traders get a handbook and video introduction that explains how Algobit software is functioning.

Immediately after the trader enters the website, they are presented with the video that introduces them to the world of Algobit trading. Till now, all experiences with Algobit were positive, and the best proof for that is an incredible number of its users. Disclaimer: This website is independent of of all forex, crypto and binary brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed.

The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers. The potential client should not engage in any investment directly or indirectly in financial instruments unless s he knows and fully understands the risks involved for each of the financial instruments promoted in the website.

Potential clients without sufficient knowledge should seek individual advice from an authorized source. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money. Every trader is obligated to check the legal status in their respective jurisdiction on their own. Your capital might be at risk. Binary options are prohibited in the European Economic Area. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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