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  1. #1
    Rookie Member

    5$ Minimum, US Acceptance Broker? !!!

    Been searching extensively for reliable, reputable, brokers that I can trade 10 minute binary options with a 5$ minimum. The brokers i've found thus far all have high minimums (20$+) on anything other than 60 second options, or they are brokers like Markets World which seems more likely to be a scam based on the reviews on this site.

    Anyone know of a good option that accepts US customers?

  2. #2
    Administrator Martin Kay's Avatar
    Quote Originally Posted by daedalus View Post
    Been searching extensively for reliable, reputable, brokers that I can trade 10 minute binary options with a 5$ minimum. The brokers i've found thus far all have high minimums (20$+) on anything other than 60 second options, or they are brokers like Markets World which seems more likely to be a scam based on the reviews on this site.

    Anyone know of a good option that accepts US customers?
    Sorry mate, don't know of any...

  3. #3
    Veteran Member Dan21's Avatar
    Me too I don’t know such a broker with low minimum per trade which is trustworthy. There are few such brokers probably. If you check the list of all brokers in the main site, you may find such one, but I think it will be too risky to trade with them. Better to make a bit larger deposit with good broker and to start with small number of trades per week. This way even if your risk per trade is let say 5% (20USD x 20 = 400 USD deposit) you will be relatively safe when you begin your real trading.

  4. #4
    Rookie Member
    Quote Originally Posted by Dan21 View Post
    Me too I donít know such a broker with low minimum per trade which is trustworthy. There are few such brokers probably. If you check the list of all brokers in the main site, you may find such one, but I think it will be too risky to trade with them. Better to make a bit larger deposit with good broker and to start with small number of trades per week. This way even if your risk per trade is let say 5% (20USD x 20 = 400 USD deposit) you will be relatively safe when you begin your real trading.
    I appreciate the input guys. That's what i've been afraid of. The lowest i've seen from my inquiries was a 12$ minimum. I'm coming from the world of trading FX Futures so I always have kept my trades to 1% of my account size because over a large enough sample size (5000+ trades) statistically a 10+ back to back loss is probable to occur. I wanted to keep my original deposit small so in a perfect world I could double it, take out my money, and then just trade on house money with "0 risk".

    Regardless - thanks for the input. One of the few BO communities i've seen with real people in the forums.

  5. #5
    Specialist Member marvel's Avatar
    Thanks daedalus Welcome to our Forum! I understand that you aim to keep the risk as low as possible and that’s why you are not comfortable with 20$ per option minimum. I had too problems in the past with the risk allocation but now for me it is much easier to make all the decisions when I have bigger account size. If you trade with 200$ account and make 5% on monthly basis which is quite optimistic that will be 10 bucks. You don’t have to trade real money for 10 bucks a month. Just demo trade till you gain experience and have bigger capital to allocate for trading. If 12$ per option is available that mean for 1% risk you will need 1200$ in your account to trade with. That’s not too big amount of money to start. I am trading now with 2-3k account and that is working very well for me in terms of risk score.

  6. #6
    Specialist Member LesterK's Avatar
    That’s true. marvel explained well his point. Starting with very little capital has no sense, unless you want to speculate with it. If you have better capitalized account you will be able to trade with better risk management and better position sizing of your binary options. You could consider any account less than 1k as a ‘demo’ trading account.

  7. #7
    Active Member
    I have been using Optimarket as they have $5 minimum trades but have 1,2,&5 minute expiry. Have not tried to pull out any money to date as am building my BR so can make larger trades. Am satisfied so far and will follow up when I try to take a refund.

  8. #8
    Active Member
    Made my first WD request with Optimarket today via credit card. No problems with the request now need to see if money shows up.

  9. #9
    Active Member
    Made WD request Friday evening 2/7/14. Had e-mail on Sat. 2/8/14 to validate with normal information. E-mailed information Sunday 2/9/14 so will see how long WD takes from here.

  10. #10
    Active Member
    Finally received an email that my WD was proceeding and all Docs had been approved. Still no money but at least a response.

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