Trading Binary Options with Market Punter

BinaryOptionsNow | Published on July 11, 2012 at 10:43 am

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BinaryOptionsNow РMarket Punter is a Sydney based financial company which offers binary options trading facilities to its customers. This article will scrutinize various details of Market Punter which will include its offerings, performance, assets offered and regulatory status.

Cost of Trading Binary Options with Market Punter

Unlike several other brokers, Market Punter doesn’t charge any commission or brokerage fees when you trade binary options with it. The charges are built into the price of the options which makes it easy for you to accurately estimate the potential profit and loss. There is no registration or initiation fee involved when register an account with them.

Payouts for Options

Binary options traded with Market Punter can receive a payout which ranges from 60% to 85% when the option is in the money. These returns are in addition to your original investment which means that a couple of successful trades can result in a profit of up to 85% in a short span of time. For options that end out of the money, clients of Market Punter can receive a refund of up to 10% of the amount invested. Unlike various other brokers, Market Punter returns your investment without any profit or loss if the expiry price of a binary option is the same as its strike price.

Market Punter does have some limits on how much or how less money you can invest on a single trade. A single trade requires a minimum of a $20 investment and can accept a maximum of $2,500 investment. These limits are on a per trade basis which means that if you want to invest more, you can do so by taking multiple trades.

Assets Offered

Market Punter allows you to trade binary options for various assets spread across four major categories of Forex, Stocks, Commodities and Indices. The forex category includes various currency pairs including the popular EUR/USD, USD/JPY and the GBP/USD pairs. Binary Options are also available for various leading stocks like Citigroup, Vodafone, Barclays, Rolls-Royce, L’Oreal, China Mobile, PetroChina, China Petroleum, etc.

The commodities category includes assets like gold, silver, copper, crude oil, natural gas and platinum. Leading indices like the FTSE 100, Dow Jones, S&P 500, CAC 40, etc. make up the indices category for which binary options trading is available with Market Punter.

Deposit and Withdrawal Methods

Market Punter allows you to deposit money in your trading account using a number of different mechanisms like Moneybookers, EFT (electronic funds transfer) or using a credit/debit card. While your bank might charge you relevant fees while making the transfer, Market Punter doesn’t charge any fees when you make a deposit.

Withdrawal from your Market Punter account is usually made via the same mode used for depositing the money. Just like with deposits, Market Punter doesn’t charge any fees when you request a withdrawal.

Regulatory Status

Market Punter is regulated by the ASIC (Australian Securities and Investments Commission) and holds the Australian Financial Services License. It holds this license by virtue of being a Corporate Authorized Representative of CDM Pacific which is the actual holder of this license. This allows Market Punter to provide financial services including binary options trading services to its clients.

Click here to open a free MarketPunter account 

 

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Trading Binary Options with Market Punter, 3.0 out of 5 based on 1 rating

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