This page contains a detailed review of the ‘GlobalTrader365 Binary Options Trading Platform‘.
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GlobalTrader365 Executive Summary
GlobalTrader365 is one of the brands of Binary Options trading companies. They offer a number of different ways to trade: standard Binary Options, 60 second Trading, One Touch Option, Custom Options Builder and a Pro Trader Version with detailed technical analysis.
Binary Options (aka Digital Options, all-or-nothing options, or Fixed Return Options) have been available since 2008, and are simple for any trader to understand. The Binary Option is a prediction on which direction the price of an index, stock, commodity, or foreign currency will move by a set expiration time. The client doesn’t purchase or own the asset. Rather he/she is predicting the direction that the asset will go – either up or down. There are only two possible outcomes, and the price of the asset doesn’t matter.
Through the Globaltrader365 platform, you:
1. Choose the asset you want to trade
2. Click on “Call” if you believe the asset price will rise by the expiry time, or “Put” if you believe that the price will fall
3. Wait for outcome
4. Collect your profit
60 Second Trading
This type of trade works exactly the same as above with the expiry time set at 60 seconds.
One Touch Option
This type of option is good for traders who believe that the price of an asset will exceed a certain level in the future, but who are unsure about the sustainability of the higher price. One Touch Option offers outstanding payouts of up to 500% return. They are available for you to purchase on weekends when the markets are closed.
With One Touch, you have to reach the specific set price that was designated for the asset (unlike the standard binary option, predicting price direction is not enough). The direction is already chosen for you within the option, as well as a target price.
You just have to decide if you agree that the prediction that the site offers will take place, or not. For example, if the EUR/USD closes at 1.35130 on Friday, then the Globaltrader365 platform will offer two options, one for a “call” meaning that the EUR/USD will rise and reach 1.38130 at least once in the following week, or “put” meaning that it will fall to 1.32130 at least once in the following week.
One Touch trades do not have to wait for the expiry time to be reached. Once the price of the underlying asset reaches or falls to the target price you’ve earned your profit.
Custom Options Builder
This feature is useful for more experience traders who understand the market and want more choice in creating their trading strategy. It allows you to customize trades by letting you set the exact risk level and expiry time, in addition to choosing which asset and how much you want to invest. You create your own strategy as follows:
1. Select the asset you want to trade
2. Choose an expiry time within 4 hours of the time you’re placing the trade.
3. Choose the profit control risk level that you’d like, from the drop down menu.
4. Click “CALL” if you think the price will rise above the current rate at the expiry, or click “PUT” if you think the price will fall below the current rate at the expiry.
5. Enter the amount you want to invest and click “Apply.”
Pro Trader Version
This is for professional traders and offers even more choice
Promotions and Rate of Return
GlobalTrader365 offers promotions where they match deposits, grant guaranteed trades and other trader giveaways. They also offer a 50% deposit bonus or more for new traders. They have an up to 81% rate of return for all trades except their ‘One Touch’ option where the rate of return is up to 500%.
GlobalTrader365 is one of the Binary Options trading brands. They provide a high rate of return and there aren’t any fees on trading or withdrawal. Their site runs on the industry’s leading SpotOption platform, which is known in the industry for its stability. They stand out because of their well laid out interface which provides a simple and pleasant trading experience. They are also said to have a high level of customer training and support.