What Are Bucket Shop Brokers?
Forex trading? Binary options trading? You probably heard about “Bucket Shop Brokers”. Full explanation about Bucket Shop, Brokers – and if they’re a bad thing right here.
Quick Thoughts on Expert Option vs IQ Option
In my video, I used chose to take these signals on IQ Option, as the payouts on Forex currencies are generally HIGHER than Expert Option, and have more available pairs. Payouts for the majors and exotic crosses at IQ are 84-91% while at Expert Option they are just 70-78%. IQ Option also has more cool features like, Tournaments, which I haven’t tried, among other things.
Expert Option pays really high on Brent Oil (94%!), USDTRY (92%), Bitcoin, and Litecoin. IQ Option doesn’t have these. However, these are VERY SPIKEY pairs with ridiculous volatility and long wicks, that trading them alone is a bloody hazard that I won’t even explore.
IQ Option accepts traders in most countries which Expert Option does, so I’d stick with IQ Option.
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