I'm wondering how many Binary Options brokers use MT4 as the platform to trade from directly?
As far as I know there are: Noa FX, GMDFX, Go Markets, AL Trade and Core Liquidity Markets.
Does anyone know of any others or can recommend good ones?
Thank you very much.
Go to Forex Brokers Comparison & Reviews www.100forexbrokers.com and use the search link. You will find 46
Thank you. Unfortunately most of these do not trade binaries directly from MT4 platform but have their own system from which to trade.
But it's been interesting reading through them and thanks for your help.
What you have to know in first place is Binary Option is not trading at all, it's just gambling. You certainly don't need MT4 to gamble.
Forum on trading, automated trading systems and testing trading strategies
What is binary option trading?
Mladen Rakic, 2013.09.12 15:38
An interesting article on binary options trading (a bit older, but nevertheless) : Don't Gamble On Binary Options - Forbes. Recomended to read before doing anything with binary options. Might help to prevent some things
Thanks Alain - I honestly think all trading is gambling. Forex traders, myself included, often think what we do is somehow in an elevated position but binaries function almost exactly the same way as Forex: will an asset go in one direction or another. A few key differences of course but I see the same analysis, albeit over different timeframes being applied to both Forex and binaries, and I know many people who are successful with binaries. I don't have an issue with definitions - if it is gambling, I have no problem with that: it's all about the system you use and the money management.
The reason I prefer MT4 is that it's a system I know that is able to take an EA - this is the way I prefer to do things as my life is busy.
Thnaks for your advice though - always good to be reminded of the risks.