Is Virtnext Scam or Fake?
In the field of binary options, Virtnext is one of the oldest brokerage and quality of services offered makes it clear that it is able to use gained experience with binary options. It subjects to more than thirty regulations including CySEC, FSA and the CNB. Insurance client money should therefore be obvious. The minimum deposit for a new account is $200 and can be done via Internet wallets, bank transfer or credit card. Broker offers attractive deposit bonuses that are associated with very dubious contract for a client. Acceptance of the bonus is blocking stake, and therefore it is better not to take these great deals.
Wide range of more than hundreds of underlying assets includes shares, indices, commodities and forex. A unique feature allows to trade options on it. Both web and mobile platform is very nice. It offers “interactive” demo account, you quickly learn the trade. None, unfortunately, in order to teach the client to trade, but teach him to use web platform, so it is not a “real” demo account as competing brokers.
Failure is a part of every binary trading, and therefore Virtnext comes with an interesting system of payments. In comparison with other brokers, although lower appreciation of the order of 10%, but in the case of failed transactions get back part of the option premium. The ratio of profit / Refund each investor chooses its own discretion. You have the following variations: 80% / 5%, 75% / 10%, 70% / 15%, 65% / 20% and 60% / 25%. Broker offers new feature that allows you to sell off options purchased prior to their expiration. Thus, if a store does not carry to the liking investor may at reduced cost option to sell to minimize loss. If your business strategy fails, these options will surely come in handy. This broker with a rich past its clients continually providing quality service, but some fail to keep pace with the competition and so are resorting to dubious marketing strategies. Although it does not affect trading existing and future clients, it is no small scar on the reputation.
Virtnext – An analytic binary option trading platform
It is a popular business and analytical platform that can be used by traders and binary options for its business analysis. Its developers, however, recently released a web version that can be run in a web browser, eliminating the need to install anything. For starters, it should be noted that this solution has some limitations and a Web version of Virtnext has all the features and tools as the desktop version. However, developers are constantly adding more and it is possible that over time offset.
To be active platform, you’ll need an account with one of the brokers who support the web version. It is offering their demo, but it has limited validity. Among there are few brokers who promote demo accounts. So when you create a free demo (or even a real account), the same credentials up and running on the Web version of Virtnext. You will then be available to more underlying assets.
As already mentioned, the Web version has so many tools and functions as a standalone program, so as to replace it probably will not be enough in most cases. However, if you have no other alternative, still offers more possibilities than the platforms of most brokers binary options. So if you can work on your computer and install the programs you want to use Virtnext, stay with classical program. If you cannot install it and you want to use, can be a Web version of a good solution.
Virtnext – A scam?
Previous foreign binary options scams in the market seem to have much penetration. This is a classic story that we have heard many times. Someone, some time millionaire, figured out how to make big money on the binary options, and that is not boring, it intends to distribute its system worldwide for free to all be billionaires. It is small, moving hundreds of thousands of euros a month. And of course, you do not need to know or be able to, because the system trades automatically, so you just looking at, how can you pour money. The usual trick of fraudsters in the fact is that you say that the number of places is limited, so you must act quickly to come on to it.
The first thing you need to realize that it is free. Access to the program will get after you open an account established broker and fold it at least $ 250. That is incidentally also that what goes fraudsters, so you invent such stories, they get a commission for it. Last time, when big traders left the trading, people lost all the money has in it. But this sad story ends. Use the Virtnext without risking you own money. A common feature of all frauds in binary options is entirely fictitious characters, stories and experiences. They are used to paying actors from different locations collected photos are associated with fictional stories.
This also applies to Virtnext System, everything is real, and the whole story is one hundred percent fiction. In this program, people need not real business skills, inputs are more or less random and long-term success rate is around 50 percent. It is an old program with new packages, which seeks to capitalize on binary options. If you are wondering how actually works trading binary options, try it on a demo account for free. And this, of course, you can read numerous articles on web.
Business strategy for binary trading with Virtnext
Building a business strategy for binary trading may seem like a simple thing, but in our experience, there are several pitfalls that need to be careful. The usual procedure is to go through the historical charts and look for recurring situations that we could do business. And in conjunction with the fundamental and / or technical analysis depends on our approach. One of the common mistakes is tested against all historical data, even though we know that we will do business only a few hours a day. If you want to representative results, test only for periods of the day in which you plan to trade. So you make the best idea of what gains you could achieve.
It’s always good to have the most universal strategy, so it makes sense to see how it worked in other periods of the day. Should radically different results than in your business hours, it is good to further analyze and think about, what conditions it is connected, and if they can not occur at the time of trading. But it should be noted that, for example as regards the currency in night trading throughout the day in the afternoon and evening. Therefore, the behavior of prices may be a little different, and usually is, a night session, which trades mainly tend to be less volatile. When London opens in the morning and in the afternoon the US open on the contrary, moments of heightened volatility.
So, to test the robustness of the strategy makes sense to look at different times of day, when evaluating the results but focus on the time of day during which you intend to actually trade. The same holds true for the time frame chart you want to trade. Concentrate on one, other strategies may have different results, so it is not possible any transition between diagrams. In other words, what works on an hourly chart, need not work for five minutes.
Strategy of the assets using Virtnext
A similar thing applies to the underlying assets in Virtnext. Test the strategy of the assets that you want to trade. If you want to expand your portfolio, first make sure your strategy on the new asset. Your strategy may work on currencies, but equities or commodities may have different results. Likewise, even in the context of currencies work better on certain pairs than the other. Again, because you can test the robustness of strategies to try different assets, but it does not make sense to try at all costs to build something so universal, that it worked on all available assets.
Markets are still not behave well, go further back in history and take a minimum of 100 occurrences of the situations that you want to trade. The more the sample has greater explanatory value. And finally, the last stage of testing should always be verification strategy demo account. When testing on historical data, you can overlook something to demo it would then have to show. It takes at least several dozen demo trades, and if they are consistent with the test results to historical data, you can start thinking about trading with real money.
The trading on demo with Virtnext does it exactly how you plan to trade live, including the time of day. It’s pointless to try to build a business strategy for universal binary option, which should produce identical results at all times of day, in all kinds of underlying assets and on all timeframes graphs, and likewise with any maturity option. It is impossible. Choose your time, your options and the maturity of its assets. Check sufficient number of shops on both historical data and on the demo. Then you can start trading with your own money.
Virtnext offer multi time freme analysis
In one of the earlier part series on business strategies for binary options, Virtnext offers multi time frame analysis. Today we will focus on the basics of multi time frame indicators. For starters, recall what the multi time frame analysis. It is a fact that while technical analysis look not only at the time frame chart, which we do business, but also to the higher we get a better idea of the overall context and trends. It is useful for the reason that every timeframe can occur as a result of short-term trends, while if you are trading in line with longer-term trends of slower graphs, Virtnext increases our chances of success.
Using Virtnext, multi time frame analysis need not remain just a manual analysis of price movements on higher / slower graphs; Virtnext can also help indicators that rapid chart displays the values of higher graph. At this point, however, there is important to note one thing. They are practically useful only those indicators that are firmly drawn for the next season already after the end of the previous one. On the other hand, in Virtnext, moving averages are calculated according to the value and the actual price, so if you for example, hourly charts show moving average on the daily chart, the whole day will be the end of the curve was moving with the changing price. With these indicators, it can be easy to work with, both in terms of testing on historical data and in real trading.
As always database is available indicator available directly from the Virtnext, or you can search through your favorite Internet search engine. Indicator may not even be labeled as Multi Time Frame, necessary indicators for weekly and monthly pivots attribute MTF may not ever have. Simply view them on any timeframe chart. Multi time frame pointer can be a useful tool in technical analysis through Virtnext you can get an idea of what is happening on the charts higher without at these graphs directly watched. It should however be borne in mind that some of the indicators will be difficult to apply when plotted together with the last time slot.
Changing the owner with a broker Topoption did not bring any major changes from the perspective of the customer, who was a binary option trading. The most striking change is probably higher deposit insurance. What is the reality, time will tell, but we remain convinced that there is no reason for concern. Each Virtnext user will receive a special competition account with a certain balance and win those, this bill can best evaluate within a predetermined time period, which can last from one hour to a month. If you happen to reset your account and wanted to continue with the same or reduced entry fee (depending on the specific conditions of the competition), you can start again.