Cheapest binary betting service?

S

sj8070

Hi all

am testing out a new strategy so would rather use binary betting than options

anyone know the cheapest (spread) service?

Am with one-two-trade at the moment... really not great, hoping there is better out there
 
Nadex in US, betonmarkets if international. checkout forexfactory forums for binary options broker talk, much more discussion there rather than here.
 
I saw an ad recently on http://www.optionsweekly.com for one the companies.

Personally, I stay away from Binary and only trade real listed ones, on proper exchanges.



Quote from sj8070:

Hi all

am testing out a new strategy so would rather use binary betting than options

anyone know the cheapest (spread) service?

Am with one-two-trade at the moment... really not great, hoping there is better out there
More...
 
Quote from xyannix:

I Personally, I stay away from Binary and only trade real listed ones, on proper exchanges.
More...

SPX and VIX binary options are traded on the CBOE
 
FHS said:
didn't they pull the plug on these?
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No, still traded at the CBOE, but very little volume. Still some opportunity every now and then. I actually have the entire open interest in the VIX Binaries, (BVZ)
 
FSU said:
No, still traded at the CBOE, but very little volume. Still some opportunity every now and then. I actually have the entire open interest in the VIX Binaries, (BVZ)
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thanks for the reply, can you please help me understand more. I'm in TOS and BVZ shows no options. where are the quotes. I'm interested in binaries for the s&p 500 in some capacity.

Even then, they don't appear to have daily options like nadex, which is really what I'm interested in doing.

thanks.
 
FHS said:
thanks for the reply, can you please help me understand more. I'm in TOS and BVZ shows no options. where are the quotes. I'm interested in binaries for the s&p 500 in some capacity.

Even then, they don't appear to have daily options like nadex, which is really what I'm interested in doing.

thanks.
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Unfortunately TOS does not allow trading in the BVZ or BSZ. They did at one time, but they were creating problems for their risk department. Their risk programs were having problems identifying risk of loss as only $1, so they stopped allowing their traders have access to them.
 
FSU said:
Unfortunately TOS does not allow trading in the BVZ or BSZ. They did at one time, but they were creating problems for their risk department. Their risk programs were having problems identifying risk of loss as only $1, so they stopped allowing their traders have access to them.
More...

interesting, thanks for the reply. where you get quotes? at cboe? thanks.
 
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