Mirror trading binary options

Major advantages and disadvantages of mirror trading

Reports are sent the following day and thus could be claims of an unmade trade. This is a profitable business model Alice could start….

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Also what if Alice decides to withdraw her capital a few days after signing up. Note: The Binary bonus is generated from the profit the company makes from trading and its paid weekly.

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Thus investors might not receive returns here if profit is not made. In other words, Alice will receive a percentage of the trading profit made on the investment of those she recruited either on her right or left depending on their trading volume. I hope you are flowing with me and enjoying the review so far. Then I will give my conclusion. MTI does not provide proof that trading is really going on.

The CEO stated clearly in an interview that the traders do not allow him to share this information and that investors can confirm the trades by looking at the open and closing rates in the report sent.

His reasons might be reasonable but the opening and closing rate still does not prove that the trades where made. This might be realistic because traders sometimes have their bad days. But no guarantee and the actual no daily pay might force the investors to depend on recruitment alone for their earning as with Alice the example above. Which might lead to mass withdrawal and eventual crash of the platform.

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The company as stated on the website is registered but there is no way to verify this registration. Even is we could verify this, the company does not state the regulatory body overseeing it as a financial institution. MTI is relatively new.

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I could not find tangible social proof of its legitimacy online like on trust pilot, Reddit, and another forum. If you want to invest, I suggest you invest with money you can afford to lose. This is a piece of general advice because all investments carry risk thus you should practice risk management.

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Mirror Trader is the latest binary trading robot that claims to work by replicating the successful trades made by its creator, John Harrison. Philosophy to options binary trading mirror price investment premium option amount oraz braku shift room objective price traders. Non-singular start used rather to.

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What Mirror Trading is and what are the key features

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In this regard, we created our Top10 of the best Social Trading Network, and within it we have also included the real, perhaps the only, original Mirror Trading Platform. ActForex is a registered trademark of ActForex, Inc. Leave a Reply Cancel reply Your email address will not be published. Having said that, just as if it was binary options versus forex trading, you are restrained in your profit potential. So, if you want protection, ensure you do your research before you sign up for a binary broker on the other side of the world.

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