March 2017

Wedges are chart patterns that sign a continuation in the market trend formed before the wedge. Wedges are quite similar to the triangle formations (simetrical triangle, ascending triangle and descending triangle) and it is formed along with 2 trendlines which are a support and a resistance. This chart pattern is basically a long-term pattern and it lasts up to 3 to 6 months but it can be seen in shorter time frames (in lower time frames is less reliable). In this case the trader can foresee those converging trendlines which remains slant in position.

The trendline remains upward or either in downward direction. This remains quite distinct from the uniform trendlines occurring in the triangles.  Unlike triangles formations, in wedges formations the bands or lines among which the price fluctuates point in the same direction.

HF Social of HotForex

The Forex and CFD broker HotForex (regulates by CySEC), one of the most important in the sector, has created a new social trading service called HF Social, which is based on the concept of copy trading. This service allows customers of this company connect with other traders, make informed decisions and identify more opportunities in the market and specially to build an investment portfolio by tracking and copy the most successful traders in the network. Through HF Social system, any investor interested in the financial markets like Forex, can follow and copy in real time the transaction of any trader belonging to this network of social trading.
The HF Social system is based on the platform of FX Stat, one of the most important companies in the field of social trading, which specializes in solutions of copy trading companies.

Mani features of HF Social

With HF Social, HotForex clients can connect with other traders, discuss trading strategies and important market news, follow and copy the most successful traders and portfolio and carefully expand their networks by identifying more trading opportunities in markets. Among the advantages of HF Social we can include:
  • HF Social has the auto-trading function to build a portfolio of winning strategies and copying market trades automatically.
  • It allows their members to connect with other traders, select the most successful and manage their portfolio of manual and algorithmic traders through HF Social.
  • An investor can build a portfolio with signal providers (traders) that use different trading strategies, so as to have a diverse portfolio that allows to invest under different market conditions.
  • HF Social provides updated statistics of all network members. This allows to select the best traders according to more objective evaluation criteria.
  • HF Social platform is fully compatible with mobile devices (iOS and Android), which allows the trader to connect to their account, react quickly to changes in the market, keep updated with the latest events and news and watch the portfolio of manual and algorithmic traders through their smartphone and from anywhere with Internet connection.
By joining the social trading network HF Social, HotForex customers can instantly connect with more than 250,000 traders, review and analyze any portfolio and its results and follow in real time any trader of their choice. Also, the client can automatically copy the transactions of the most successful traders through an intuitive and easy to use system, even for novice investors.

HF Social account of HotForex

To join the social trading network of HotForex, the applicant must open a HF Social account on the website of the company, which has the following characteristics:
Trading platform
FxStat, MT4, Webtrader and Mobile Trading
Margin Call / Stop Out level
50% / 20% (*)
1 pip margin on premium spreads of HotForex
Telephone trading
Trading instruments
Forex, Indices, Metals and oil
Account currency
Prices with fifth decimal
Personal Account Manager
Maximum leverage
MYFX platform
Free (for deposits over 2000 USD)
Market execution
No bonuses
Minimum opening deposit
USD $100
Maximum number of simultaneous open orders
Minimum transaction size
0.01 lots (1,000 units of the base currency)
Maximum size of trading volume
No limits
Minimum transaction size increment
No commissions
* An additional pip is charged by FxStat for their services.

Account opening with the social trading network HF Social

To open a HF Social account at no cost and build a portfolio of signal providers traders to copy the transactions performed by traders with successful trading strategies, you can access the website of the company through the following link:
HF Social

The candlestick pattern Matching Lows is a formation of two bearish candles presented in markets with a downward trend. It has a moderate reliability and indicates that the price is likely to change from bearish to bullish trend. This pattern can be identified as follows:
  • The current market trend is bearish.
  • During the first period a big black candle is formed.
  • In the second period there is a shorter black candle which has a close that is equal or almost equal to the close of the first candle.

The Forex broker HotForex recently announced a new promotion for the months of March and April of 2013. This offer is a credit bonus of 100% on every deposit of capital made ​​by the customer. With this bonus, the client of this broker can enjoy the following benefits: 
  • Trading account protection against margin calls and stop outs during periods when the trader suffers heavy losses (drawdowns).
  • Increases leverage.
  • The total amount of this bonus can be withdrawn once the trader meets the required conditions. To withdraw the bonus, the client must follow the following conditions:
    • The trader must trade 1 lot (100 000) on the market for every bonus dollar. This means that if you receive a $100 bonus, you must perform a number of transactions equivalent to 100 lots.
This bonus applies to all deposits of capital equal to or greater than $100 and will be available for a limited time. 

The Forex and CFD broker HotForex, one of the most important in the sector, offers a copy trading service an account called Auto Account, which opens the world of financial markets like Forex even to novice investors with no knowledge on the market. Through Auto Account, investors have the opportunity to subscribe to free and paid trading signals from the MQL5 (Metatrader) community. This trading signals service is directly incorporated into the HotForex MT4 terminal (based on Metatrader 4), which facilitates the subscription, implementation and execution of trading signals.

 Investors can automatically copy the signals from any signal provider (trader) belonging to the MQL5 community. In the case of traders who sell their trading signals, they undergo a 1 month monitoring and valuation process in order to check their performance.

Fundamental Analysis of the Forex Market

Forex fundamental analysis is a type of market analysis that identifies and measures factors that determine the intrinsic value of financial instruments such as economic and political environment. It is included in the fundamental analysis any factor affecting supply and demand of the instrument traded. For example, a study of fundamental analysis for a currency  include supply and demand for the currency as well as products and services in the country, government policies, historical and projected performance and economic indicators.

Momentum is one of the indicators used regularly in technical analysis. This indicator measures the acceleration in prices by comparing the closing price of the last session with the closing price of past sessions. The fact that it allows to observe the speed of movement in prices - in its graphical representation this would be seen as a change in its curve - makes it a very useful tool because it allows the trader to anticipate changes in the trends. 

This indicator is calculated using the following formula:

The Forex and CFD broker HotForex started a PAMM accounts service (managed accounts) for its clients which allow to invest in the Forex market through professional account managers who are responsible for operating and managing the market open positions. In this case, the investors only have to deposit funds in their accounts and monitor the performance of the same over time. 

Introduction to Forex market

The Forex market, which is commonly known as Forex (Foreign Exchange Market) is currently the largest and the most liquid financial market in the world with a daily trading volume of around $3 trillion (million million) U.S. dollars, which puts it well above other financial markets such as the stock market of the futures market. It is an Over The Counter (OTC) market.

The operation of Forex is based simply on the purchase of one currency and selling another. In this case the investor tries to make money with the rise or fall in prices of a particular currency against another. In Forex the trader can make money with both long positions (buy) or short positions (sell) as the purchase of a currency involves the sale of another and vice versa.

HFAffiliates Review

HFAffiliates is a Forex affiliate program, which was created in 2010 by the Forex broker Hotforex with the aim of obtaining new clients through the promotion of the company services made by affiliates. To meet this objective, HF Affiliates provides the affiliate with multiple marketing tools of various types, focusing primarily on the Internet. Thus, this affiliate program is an excellent option to monetize web sites or blogs whose topic is related closely to the financial markets such as the Forex market.

The Forex and CFD broker Alvexo (regulated by CySEC of Cyprus) offers a promotion for new customers in 2017 consisting of a free welcome bonus of USD 25, whose only requirement is the opening and verification of a new trading account. This bonus does not require pre-deposit from the trader and is ideal for evaluating Alvexo services and earning money in the process without any risk. In addition, it can be used to trade with all the instruments that Alvexo offers to its clients, including Forex.

 - Period of validity of the offer: At the moment Alvexo has not set a deadline for this promotion and is valid throughout 2017, however the company can modify the terms and even cancel the offer at any time.

The Forex and CFD broker HotForex offers a contest for demo accounts called Virtual to Real Demo Contest which offers cash prizes for the winners. Due to the fact that it is a competition for demo accounts there is no risk for participants, but the cash prizes are real. In addition, through this competition the broker's customers can improve their ability to analyse and trade in the market without risking a single dollar in the process.
-Contest period: This trading contest is held every month and each round has duration of 1 month

Review of the broker HotForex

HotForex-Broker Review

Hotforex is an ECN/STP Forex broker which offers the possibility to trade in the Forex market with dozens of currency pairs, precious metals like gold and silver and with other financial instruments like Contracts for Difference on indices, stocks and commodities. This broker offers many trading solutions for retail traders and institutional clients, including various types of accounts and platforms. 

Also, the clients of HotForex have access to other services as solutions of copy trading, trading competitions, promotions for new and existing customers and more. Currently, is one of the main brokers in the sector of retail Forex with thousands of clients around the world.

In this review we will cover the main services of this company.

General definition

The GDP or Gross Domestic Product is a report that includes the total value of all goods and services produced within a country in a given year, which is equal to the total of consumption, investment and government spending, plus the value of exports, minus the value of imports. The GDP report is disclosed at 8:30 am EST on the last day of each quarter and reflects the previous quarter. The importance lies in seeing the GDP growth during that period. In the case of the U.S., GDP growth has historically had an average value of about 2.5-3% per year.
The GDP can be calculated by three methods:
  • Expenditure method.
  • Method of distribution or income.
  • Method of supply or added value.
Per Capita Gross Domestic Product Worldwide

Relevance of the Gross Domestic Product

The information provided by the data of this indicator is considered a measure of the economic health of the country,  and basically allows the economists to set if there is economic growth or economic recession.

Moreover, GDP represents the size of the economy of a country, which serves for comparing to the economies of other countries.

Effects of the Gross Domestic Product in the market

The GDP data has a great impact on the markets. Its value is taken into account by investors as it indicates whether an economy is growing, stagnant or in recession. Sometimes, a figure that indicates a turning point, as a growth figure after several consecutive quarters of recession, which most likely indicate the beginning of the expansion trend may lead to strong market movements. As immediate consequences of this situation increases would occur in the securities markets, as investors will have positive economic expectations.

When the GDP is rising, investors can anticipate that the stock market will go up due to higher corporate profits. The revaluation of the equity markets and economic growth that shows this indicator implies a stronger currency. Consequently, many investors will be attracted to invest in a growing economy, so the expectations of the economy will improve, there will be more confidence, which at the same time will create new businesses, new jobs, etc.. Given this climate of economic prosperity, global investors have to buy the domestic currency to purchase shares of the stock market of the country or to invest in companies directly, which will cause the appreciation of the national currency.

Also, when this indicator rises, the counterpart is a declining bond market for fear of an increased inflation due to a probably economic overheating which may happen sooner or later. It is normal for an economy where activity grows and creates jobs, that wages tend to rise, and therefore the price of goods and services do the same. Thus it is easy to assume that economic growth will drive an increase in interest rates to curb rising inflation, and as a result, a depreciation of bond prices.

We can define inflation as the general increase in prices of goods and services in connection with a currency at a specific time period. When the price of these resources increases, the purchasing power of the country's monetary unit drops so the people of the country can buy less goods and services and this has an overall impact on the economy. In other words, this means that inflation causes the purchasing power of a currency decline.
The Inflation has a negative effect on all members of society regardless of their socioeconomic level, and obviously it affects all consumers in the economy of a country, for this reason is one of the most important economic indicators for Central Banks and investors of financial markets such as Forex. 
Many economists believe that inflation can be positive if it has a moderate level. Meanwhile, central banks invest huge efforts to keep inflation within well-established limits, so that the economy of the country can take advantage of the positive aspects of inflation while at the same time the negative effects of it are minimized
One of the main measures implemented to counter the inflationary pressure is the rising in interest rates. When interest rates rise, commercial banks proceed to increase the interest of the loans they make to their customers. 

Summary: In this article we describe the use and calculation of Fibonacci Pivot Points, a little known variant compared with traditional pivot points. The novelty about this tool is that it interestingly combines the pivots and Fibonacci sequence to determine support and resistance levels where there is high probability that the market made ​​major moves.
The pivot points in its different variations can be used in two ways: to display the main trend in the market that we are analyzing or to display price levels in which we can open and close a position. To identify the direction, if the price level of the pivot point is crossed in an upward motion, then we can say that the market is bullish, but if the break occurs in a downward movement, then the market is bearish. Generally, if prices remain above the pivot point then the upward trend will continue until an event cause a reverse in the price movement and when the price remains below this level then the market will continue its downward direction until something happens that force a change in the current trend.

The broker BullionVault, specialized in gold and silver trading, offers a new promotion for new customers which consist in a free bonus to trade in the market. This bonus comes in the following way:
  • 4 grams of silver.
  • $ 1 (USD), € 1 (EUR) and £ 1 (GBP).
The bonus can be used to buy and sell silver at BullionVault platform. If the trader operates intelligently can accumulate a growing balance. However, the usefulness of this promotion is that it allows to know the characteristics of the services of this company without risking any money in the process.

BullionVault-Gold&Silver broker review

BullionVault is a broker specialized in precious metals trading (gold, silver and platiinum) that allows to trade and invest safely with these precious metals in the markets of New York, London, Switzerland, Canada and Singapore. Basically this company offers access to the main spot markets of these commodities to speculate or for investment purposes. This company was founded in 2003 and is owned by both GBIT and Augmentum Capital.

The ingots are stored in professional-market vaults. In Bullionvault clients can sell at any time, without penalty, and the money will be wired the next business day. Bullionvault and its platform is quick and easy. Investors can own any quantity of physical precious metals bullion in about 2 hours. 

Currently BullionVault manages over $2 billion of bullion and assets, including around $1.3 billion worth of gold, more than the gold reserves of many countries.

We know that doing a correct Back-Testing of our system is very important. Whether we optimize or not. Back-Testing will tell us roughly whether the system works or not, how much money we can expect to earn from it or not, etc. But … is this really so? Is the Back-Testing of our system reliable regarding the future performance of our system? It depends.

In the trading industry the phrase "Past performance does not guarantee future performance" is used a lot, which is also true for trading systems.

What really matters about any system is the Robustness, its ability to keep making money in the future, as indicated by Back-Testing. Probably many veteran readers and trader will have found a system that has an excellent Back-Testing which when used to trade in real time does not behave the way expected.

The difficult part to begin to trade in any market is to define the strategy or trading system that we are going to apply to make money, as there are many trading systems but:
  • Which trading systems are really robust? 
  • What are the main features of robust trading system?
We will start by solving the second question. We will be trading with robust trading system as long as we have verified that any fair value we assign to the variables that define our system, end up producing gains in the trading account.

Just the opposite to define a trading system that is not robust. This situation occurs when you have been able to verify that with certain values your system has worked incredibly well, however with other values for the variables, it has been a ruin for your account.
We can do a practical exercise to evaluate the robustness of two well-known trading strategies:
  • Trading system based on moving averages: We buy when the short moving average (MA1 of the chart) surpasses the long moving average (MA2). We close this operation and we open the opposite trade (sale) when the short moving average (faster) goes below the long moving average (slower).
  • Trading system based on maximum/minimum breaouts (Donchian channels): We buy when the price exceeds a certain maximum of “x” days and close the transaction when the minimum of “y” days is reached. For example, we can buy 1 lot when we reach the maximum of 80 days and close the transaction when we reach the minimum of the last 30 days. 
In order to evaluate the robustness of both strategies we will be based on a study of 20 Forex pairs in the periods of 1993 to 2003 and 2003 to 2009. They are 20 years x 252 trading days x 21 currency pairs = 105,840 days of information. All of these multiplied by 1,600 tests of the possible values of the moving averages or maximum/minimum results in 169 million possible transactions.

It is a statistically significant sample. The results in generated profit values ($) are:

Moving averages system from 1993 to 2003:

Moving averages system from 2003 to 2009: 

The first conclusion we can draw from the above results is that some of the values of moving averages that worked very well during the years 1993 to 2003 were clearly losers from 2003 to 2009.

 Now we analyze the results of the highs and lows breakout system from 1993 to 2003:

 And finally, the results of the highs and lows breakout system from 2003 to 2009:

In the results of the maximum and minimum breakout system, the benefits achieved are not as high as those reached with some values ​​in the moving average system during the 20 years of the study, but almost all combinations used in the system lead to long-term benefits.
 In terms of profit factor, it is very rare that the maximum and minimum breakout system exceeds values ​​greater than 1.2. However there have been combinations of moving averages that have produced values ​​of profit factor of 2.5, but later those same values ​​of the moving averages produces only losses.

If you know anything about gambling, you probably know that the casino’s advantage over the roulette players is two zeroes: 20/18 = 1.1111; where the casino wins with the black and with the two boxes with zeros. These are profit factor values ​​very similar to those we achieve with the maximum and minimum breakout system, perhaps it is the constant (robust) advantage that you need to beat the market.

The Ascending triangle is a common chart pattern that is used in making market technical analysis and consists of a clear shape with 2 trend lines. This formation is used by many traders that operate regularly in financial markets like Forex. When it comes to ascending triangle, 1 trend lines is set horizontally which prevents the rate from going higher whereas the 2nd trend line joins the increasing trough series. Investors march forward to take over the long positions while the rates break towards the high resistance. 

As the ascending triangle is usually deliberated as a continuation chart pattern, it is found during the consolidation period during the uptrend. When the breakthrough happens, buyers keep sending the rates insistently for the assets with higher value and probably they will be of higher volume as well. The pricing objective is usually fixed to the entry rate complementing the vertical height in the triangle.

Ideal Ascending Triangle

The Symmetrical Triangle is a chart formation that is also addressed as a coil and it is generally formed while the trend occurs as a continuation pattern. This pattern incorporates 2 lower highs and 2 higher lows. While the points get connected, then it forms a Symmetrical triangle by means of line coverage. Moreover the connectors remain wide in the start and it gets narrowed down at last. Although it is a trend continuation pattern, many reports have shown the importance of symmetrical triangle and even they play a dominant role in the trend reversals. They result with a continuation with the present market trend. Never mind whether it is reversal or continuation, the succeeding moves could be fairly discovered by means of a potential breakout. 

Generally, price action within the triangle is usually identified by zigzag movements of three waves. This is better understood if one observes the following example:

The Forex broker Trade24 currently has an automated trading platform called Mirror Trader (it is based in the concept of Mirror Trading and was developed by the company Tradency), which allows the clients of this broker to trade in the Forex market using trading signals generated by systems developed by expert traders with years of experience in the market. Likewise, the investor has the option to trade on the basis of trading signals generated by real traders. Trade24 is a broker which specializes in transactions with currency pairs (Forex), commodities, CFD and other instruments.
The trading signals generated by the automated systems and the traders who used this application free the investor from the task of analyzing the market, open positions, managing open positions and finally close these trades in order to take profits or limit losses. Because these are systems that operate without the intervention of the trader, are an excellent option even for those investors with little experience and knowledge of financial markets that wish to exploit the enormous potential of the Forex market for profit.

Gold is one of the most popular forms of investment today. It is used by many investors as a safe haven during times of financial instability. Large and small investors have large amounts of money placed in physical gold or trading instruments based on this commodity. 

The following chart shows the real-time price of gold in the spot market.

The data in this chart is updated online, with real-time data processed every five seconds. This tool also gives the possibility to see the evolution of the price of gold for 20 years. These historical data are available in seven currencies. 

This gold price chart allows you to select your preferred currency between US dollars, Australian dollars, Canadian dollars, euros, Japanese yen, Swiss francs and pounds sterling.

ICMarkets is an ECN Forex broker of Australia which has a license from ASIC, the regulator of financial services in that nation. This company offers ECN trading conditions with variable and low spreads, fast execution of orders and 0 requotes. Its  Metatrader 4 platform is connected with its main liquidity providers, which allows the trader to trade with low spreads that can reach even the 0.0 pips.

Among its additional services, ICMarkets offers its customers the ability to connect their trading accounts with the Mirror Trading Platform Myfbook Autotrade, one of the most complete and used in the sector. This service allows the trader to copy all transactions generated by any trading system selected. Each copied trade is executed directly on the MT4 account of ICMarkets using the capital deposited by the trader. Among the advantages of Myfbook Autotrade we emphasize that the trader does not have to install any complex software or pay any commission based on trading volume. The process is very simple and involves connecting the trading account with Myfxbook and select the system or signal provider you want to follow.

Review of the broker ICMarkets

ICMarkets-Broker Review

ICMarkets is a regulated Forex broker from Australia which was founded in 2012. It is a ECN broker specialized in Forex and CFD trading which offers more than 50 currency pairs and excellent trading conditions including very low and variable spreads and fast executions. ICMarkets offers direct market access (to the main liquidity providers, including major banks) which in turn provides its clients with access to market depth with Level II Quotes. In other words, it is a true ECN Forex broker.

Also, this company offers the advantage of being regulated by ASIC.

Over The Counter trading refers to financial instruments negociation on a different context than organized financial markets or exchanges.

The term OTC trading or OTC market can be used for contracts on financial instruments made directly between two parties and also for trading with derivative financial instruments traded through a dealer and not through a centralized market (such as the stock exhange).

For example, a futures contract is a standardized product traded in the futures market while a forward contract is an OTC product.

This indicator was designed to detect market trends by reading the distance between three moving averages. The Alligator is a very dynamic and easy to use technical indicator. It was discovered by Bill Williams who presented it in the book Trading Chaos (published 1995 by Marketplace Books, Inc.). This is a powerful indicator that combines moving averages, nonlinear dynamics and fractal theory in a technical indicator that is widely used by traders for confirmation of market trends in many financial markets such as Forex.

Most of the time, the market remains stationary. In fact, it is estimated that only 15 -30 percent of the time, the market moves with a clear trend either up or down, which are the periods when most traders take their profits. For this reason, the famous Bill Williams sought to develop an indicator that would serve precisely to provide entry signals in the periods when the market is most active, mainly those in which the price moves with a definite trend.


What are fractals?

Fractal geometry, defined by mathematician Benoit Mandelbrot,  is a geometric figure that can be decomposed into parts, each one of these parts identical on a smaller scale to the original figure. However, the "fractal finance" applied to technical analysis is a geometric pattern that can be observed regardless of the time frame used, either 1 hour, 30, 15 or 1 minute. There are some books on this subject and one of the most popular is "Trading Chaos" that was written by Dr. Bill Williams. In this book, Dr. Williams entered two important concepts, the  "Fractal UP" and "Down Fractal",  which can be used as support and resistance respectively.  When both formations are crossed by the price, that indicate new levels for prices in both bull and bear markets.

The "Fractal Up" (it indicates a possible resistance), defined by Williams (Using a bar chart) is one pattern where the central bar has a maximum price that is greater than the maximum of the two bars to the right and higher than the maximum of the two bars on the left. On the other hand, the "Fractal Down" (it indicates a  possible support) is one pattern where the central bar has a minimum price that is less than the minimum of the two bars to the right and less than minimum of two bars on the left. We can observe the ideal fractal in the image:
Bullish and Bearish Ideal Fractals

The Awesome Oscillator (AO) is a technical indicator developed by Bill Williams which determines market momentum (the second of the five dimensions of the market according to Williams) at a specific time based on the last five bars, which momentum is compared with the momentum of the last 34 bars.

In this way the Awesome Oscillator is simply the difference between the simple moving average of 34 periods and the simple moving average of 5 periods which are calculated based on the midpoints of the bars (High + Low) / 2. The Awesome is displayed on the graph as a histogram:

Awesome oscillator for Metatrader 4. MT4 platform of HYCM broker

The candlestick pattern Deliberation Bearish is a trend reversal formation of 3 candles which occurs in uptrends and indicates that there is a probability of a change to a bearish trend. This pattern has an average level of reliability and can be identified as follows:
  • This formation is presented in uptrends.
  • In the first two periods white candles are formed with long real bodies. In the second period, the closing price is higher than the closing price of the first period.
  • The opening of the third candle occurs near the end of the second candle.
  • In the third period we can see a candle with a small real body, usually a shooting star or a spinning top which opens with a gap on the previous candle.

The Spinning Tops pattern is a formation of japanese candlesticks which indicates indecision in the market although it has a medium to low level of reliability. This pattern can be observed in both bull and bear markets and can be identified as follows:
  • A small black or white body with lines of short extension.

Bullish and bearish Spinning Tops

Like many people, I came to the world of Trading hoping to make money quickly, I took some online courses, I opened a real account - which obviously loss- and so began my career in the difficult world of trading. It was not easy, many times I was about to leave, then resumed with more force and win, but it was very difficult. This was the most difficult journey of my life, that was more than six years ago, and today I see with nostalgia that time, and whenever I have a chance to talk with rookies in trading, I emphasize that the way in trading is difficult and hard, but the reward is great.

6 years ago I would have liked someone to advise me, to explain to me so much of the trading, but  that was not the case. In this market are few people who tell you things as they are, they are few who will tell you the reality of the trading with words. I try to do it in these confessions, and I hope that you take note.

IQOption Affiliates Review

IQOption Affiliates is an affiliate program created by the regulated binary options broker IQOtion (regulated by CySEC of Cyprus) in order to promote its services and gain new customers (traders) through affiliates, which have at their disposal several advertising tools mainly based on the Internet which were created by the program itself.

Along with the marketing resources, IQOption Affiliates offers excellent commission plans, therefore it is an interesting option for webmasters or website owners interested in monetizing blogs or websites whose main topic is related to financial markets and especially with binary options.

The broker IQOption, a regulated company (CySEC of Cyprus) in the field of binary options trading, regularly organizes trading competitions for demo accounts and real accounts, which offer cash prizes to the winners. These tournaments offer the customers of IQOption the opportunity to test their skills as traders, get further gains and evaluate different strategies to trade binary options (especially in the case of tournaments for demo accounts, which do not present any risk level for the client).

-Registration period: IQOption organizes various trading competitions throughout the year, in which can register all the company's customers (new and existing). Each tournament has its own registration period.

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