Up to 100%
|Headquarters||1A, Arcade House Temple Fortune, London NW11 7TL, UK|
|Support Number||0 800 680 0683|
|Support Types||Live Chat, Phone, Contact Form, E-mail|
|Minimum 1st Deposit||$200|
|Minimum Trade Amount||$5|
|Bonus||Up to 100%|
|Free Demo Account||Open Demo|
|Account Types||Standard Account, Premium Account, Executive Account, Magnum Elite|
|Deposit & Withdrawal Methods||Credit/Debit Cards, Bank Wire, CashU|
|Number of Assets||100+|
|Account Currency||USD, EUR, GBP, AUD, CAD|
For many traders, trading on Magnum Options is a rewarding experience. That said, the one key benefit to traders that enables them to improve their overall rates of success is the fact that Magnum Options allows access to the department signals of Magnum Options analysts. These signals derive their basis from psychological levels referred to as support and resistance lines, while highlighting potential trades for traders to capitalize on.
Magnum Options’ analytical premise is that an asset’s value depends on the information that is driven to the market, along with the psychological aspects of investors who trade that particular asset. As such, Magnum Options basically founds its future predictions and anticipations on past movements that are identical.
Seeing as commercial traders have for some time now been applying this technique, it is a logical presumption to make that, based on this analysis, all such traders are expressing the same emotions with regards to asset rates and profit movements.
Review Verdict: Magnum Options is NOT a Scam
How to use Magnum Options Signals?
If you, along with other traders, are watching these very support and resistance lines, while waiting for the same break to happen, this will result in all traders continuing to invest funds in that particular asset, thereby strengthening its market price and making it lean towards the direction predicted by Magnum Options. Exposure to this type of data can potentially assist you in the identification of potential trades in which the market crosses a marked value.
The Magnum Options Signals Format
Take a scenario where, for instance, GBP/USD is at present testing support at 1.6107. A break below this point would provide a window for the next support which is located at 1.6071. Failure to reach a break below this level may result in the price of the pair reversing its direction back to 1.6139.
Magnum Options Signal’s Explanation
The above instructions are in reference to this particular chart which features an expected Call option. In the event that this series of events becomes repeated, you will need to note down the rate of the resistance line, and thereafter purchase a Call option on Magnum Options’ platform. Once the rate of the asset has attained a value higher than that of the resistance line, you may begin celebrating and collect on the profit you have just made.
Magnum Options Put Option Example
In the example above, the support is lower than the rate of the current asset, which stands at 1.6107, thereby providing the trader with a happy ending. What this means is that traders can expect a downtrend or lower rate, with the action recommended being to enter the trade when the price attains a rate of 1.6105, and then purchase a Put option.
Magnum Options Review
Magnum Options offers traders underlying assets to comfortably trade in within the four major asset categories: commodities, currencies, indices and stocks. Traders get to increase their rates of success by using the Magnum Options system, which is boosted with a set of effective features and tools. There is a demo account available for traders to test run the platform before signing up with Magnum Options.
Review Verdict: Magnum Options is NOT a Scam
You can also use the Magnum Options platform at anytime, anyplace and on any device be it an iPhone, iPad or Android device. The Magnum Options platform offers traders an affluent and smooth user experience that is easy for both novice and advanced traders to navigate and use.
More Than 33% of the Traders Around the World prefer to Trade on their Mobile Devices.
Not all the Binary Brokers and Providers supply their clients with Mobile Version of their Platforms. Magnum Options is one of the few that does.
Traders should note that the number of signals you receive from Magnum Options is dependent on the size of your account; and the formation of the current markets liquidity will appear on a particular trading day. It is highly recommended that traders watch Magnum Options’ webinars as they explain how to read the charts and use market information to your advantage.
Conclusion: Magnum Options is a Recommended Signals Provider
There are over 100 Binary Signals advertised on the internet. All of them are promising high results and profits, however the majority might not bring you the money you want because of the low performance and low winning ratio.
That’s why it’s important to choose a Binary Signals Provider carefully!
Magnum Options Signals achieved one of the highest Success Rates among the Signals we tested and more than 83% Winning Ratio.
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