Many broker companies charge no BinaDroid Review commission and because of that simple fact the only way for them to make their money is to alter the spread. And if you have been trading for any length of time, either in binary options or the Forex, you know that the spread can fluctuate tremendously depending on the Binary Options broker you are using to make your trades.
Another fact most traders don't know about is how the broker compensates on how many clients he has in the trade either on the call side or the put side. One of the ways the binary options broker hedges his trade volume or vulnerability is to actually bet against you. I have seen spreads as large as 20 points and I have seen spreads as low as.1 point.
I have seen the same thing happen in the Forex, some brokers charging as much as 18 pips on non-standard pairs. Most traders jump right in when they are ready to make their wager and do not know what the correct strike price is for the commodity they are trading, that in my opinion is inexcusable and a recipe for disaster. http://autobinarysignalssoftwarereviews.com/binadroid-review/
You can make it easy traders by comparing the strike price to the brokers price traders could be easily giving away a huge spread difference and with that disparity you potentially could be losing a lot of your investment portfolio. Of the 8 binary options brokers I am reviewing not one of them has the same spread as the other brokers. So here is your lesson traders please take heed and start comparing your Brokers to one another for the best spreads you can get.
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