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Hirose UK to launch forex binary options mobile platform

Sep 16 2014
By
The FCA regulated forex broker Hirose UK is to launch a mobile platform for binary options in order to allow traders to capitalize on the current very high markets volatility.
 
These days forex prices go up and down like a roller coaster in accordance with the uncertain fate of Scotland, the outgoing global EU conflict with Russia, etc. Hirose UK is trying to seize the opportunity offering its clients the ability to trade binary options via their mobile devices.
 
Why now and why binary options? The short answer is that trading binary options is more attractive when the volatility is high. In a way, people may feel that when the markets only slightly fluctuate it is more difficult to formulate a prediction where the prices will head – up or down. But when major economic shifts influence the market predictions might seem more reasonable and easier to formulate. This may be a gross delusion though derived from some weakness of the human reasoning process.
 
Many are believing that short and medium term markets fluctuations can not be foreseen accurately. The main reason for this observation backed by the fact that scalping or BOs are yet to deliver another Warren Buffet is that markets prices are driven up and down mostly by speculators. No one can predict sustainably what the people will do in the next very moment. What we call markets is an abstraction behind which there are the human decisions.
 
Anyway, Hirose UK, a reputable forex broker, operating under FCA regulation and having a strong presence in both UK and Japan, is believing that giving the opportunity to control your binary options anytime will instill some confidence in their customers to try that very risky trading instrument.
 
They might be right. Alpari, one of the bigger global forex brokers, is sharing that believe promptly releasing a sign up free binary option demo platform. People may try BOs with Alpari now just for fun. We would advise anyone to try at lest 30 trades while writing down the outcomes. That may show you that profiting for binary options trading is insanely difficult in general. If we don't win, we lose and our capital is diminishing.
 
Why writing down? Just to counteract the so called confirmation bias. The latter is an unfortunate inclination of human mind to register only outcomes that are in line with his wishes and expectation. It is very typical of a gambler to be confident he is winning with a win/lose ratio less than 1. The main reason is that our memory is very much influenced by positive emotions and not very inclined to remember negative ones. That is good for living but not for trading.
 
Hirose UK BOs mobile platform will require clients' MT4 account login details. Using it makes sense since Hirose's BOs can be terminated at any time with a payout of 57%. This is a nice risk control feature. Most binary option brokers have fixed contract times and the outcome (win/loss) is determined on contract expiration. Hirose UK is giving much better trading conditions than the norm which is a credit to them.
 
 
 
TAGS: hirose uk  binary option  mobile platfrom  alpari 

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