The Useful Aspect of The Binary Option Affiliate Program

The binary option affiliate program is one of the most talked about program on the internet and it has been the most followed by the people. The online forex industry comprises of the various other forex affiliate programs but still people consider the binary option affiliate program as the reputed and the reliable forex trading platform.


All of these advertisements often indicate towards the fact that there are huge amount of earnings and income which can be easily earned. The binary option affiliate program offers a very significant trading platform for the forex traders as the usage of the internet and the reliable technologies. They also offer the most secure and the reliable form of market in which people can trade. Through the binary affiliate program people can also avail the facility of dealing with the very strong and the accurate back office system with the using of the promotional and the advanced marketing tools. There are huge benefits of the binary affiliate program. The basic value of the binary trading lies in the estimation of the asset value. Therefore having good knowledge is not required.


The benefit of binary option affiliate program


Being the member of the good binary option affiliate program the basic of the binary trading normally lies in the forecast of the asset value. The customers can easily manage the benefits of earning the short time returns. The purchasing of the binary option can easily be done on the hourly, daily and the weekly basis. In this program the customers can get the opportunity for predicting the profits with the least amount of risk involved. The profits made in the binary option affiliate program are guaranteed up to sixty to seventy percent. The forex trader is required to predict about the further fluctuations and the movements of the markets and the underlying assets. If the market movement is in accordance with the prediction of at least one then there are surely good returns.


Binary affiliate program is good


The binary option affiliate program is really free from the big investments. The minimum limit is sufficient to open the account in comparison to the other conventional forex trading program. The effective earning prospects are being offered to the forex customers who are interested in the forex trading but are really scared of the heavy investments. The binary option affiliate program provides the good services from the expert professionals and the dedicated people for their customers to help them in every possible manner.


Also read: Binary Option Signals Trading – Yee Kok Siong


Binary Options for an Effective Forex Trading Alternative

Forex trading has grown to be the largest investment market in the global economy. It has reached the pinnacle of popularity over the Internet, enabling anybody to buy and sell currencies. A lot of us think of the foreign exchange market when currency is the asset being traded. Well, the reality is that currency options trading also forms a significant part of the forex market. Like stock options, currency options provide you the right to sell a specific currency inside the option period of time. In recent times, a newfangled option has been launched, popularly known as binary option. In the sphere of currency options trading, the binary options provide one of a kind prospect.


From the month of May, 2008, binary trading has been open to the masses in the United States. This trading is available in stocks, currencies, indices and commodities. Binary option trading in the currency market is a magnificent means to generate profits. Different from traditional forex trading, binary options present a certain profit percent if they run out in-the-money. So, you know precisely what you are going to earn or lose before you invest the money.


Presenting a profit in the range of 65 to 81 percent in as modest as one hour is also excellent. With the more fundamental understanding of how a currency is moving in the short run, you are able to make identical profits irrespective of the degree of the alteration in value. As far as you will be right in your assessment of the currency, you will earn profit. Just go for a “call” option in case the currency will climb up, or a “put” option if it will descend in value.


Obviously, you ought to do the right kind of research as with all investments. Binary trading of currency options just makes it a bit more straightforward. You no more need to scrutinize the enormity of what a currency might cause. You really don’t have to think over the likeliness of how much you require the currency to go up in an effort to earn a decent profit.


Just distinguish in which direction a currency is moving inside one hour, or day and you can make investments as small, or much as you desire. If you are spot on, you will receive your 65 to 81% gain. Nothing is likely to be much simpler. Naturally, the prospective losses by means of binary options are very exorbitant. In many instances, you will leave with nothing in case it expires out of the money; however, in specific situations (with respect to the brokerage service), 15 percent of your initial investment is paid back.


In the event you have been tempted by the potentiality of currency options trading, but searching for easiness, and bigger profits, don’t search any further than binary trading. Employing the right investigation as well as the proper call or put, you are able to make a considerable income in a very limited time frame.


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Myths about Forex Scalping Discussed by Yee Kok Siong

There are a host of common, erroneous ideas about forex scalping that are available to the trader who simply has not done the proper research. Most of these ideas are perpetuated by marketers who attempt to steer a trader to a trading process that may not suit his personality and, more importantly, his risk tolerance, and that may also draw temptations of large profits with minimal capital outlay.


Emotions often override sound judgment when a trader is looking for a way to generate large profits instantly. When reviewing various forex trading processes, a trader must overcome his preconceived notions and approach the selection process with a spirit of detachment.


Here are three of the most common myths about trading the forex with a scalping technique discussed by Yee Kok Siong a forex investor:


1) Forex scalping means that you are only able to take a small profit.

Not true. Market conditions are what determines the size of the profit one can take. The solid forex scalper understands this. A forex scalper can take a 100-pip profit when trading a fundamental announcement or a 10-pip profit when trading a currency pair with small average-size moves.


A scalper is simply a trader who has a predetermined profit target based on the anticipated trading conditions. A scalp trade has zero limitations regarding profit taking. The market conditions create the limitations.


2) Forex scalping is riskier than trend following.

First the trader needs to understand that the amount of available trading capital determines the amount of risk you can take. The smaller the trading account, the less risk one can take.


The forex trader with limited capital needs to trade with a very tight stop.


When comparing scalping to trend following, trend following requires the trader to trade with a very large stop; scalping techniques allow one to trade with a very small stop. Trading with a tight stop means the trader is trading with less risk. You simply cannot trade a trend following technique with a tight stop.


3) Forex scalping requires you to be glued to your computer for hours at a time.

If you are using a solid scalping process, you should be in a trade for less than 30 minutes in most cases. Scalping is actually less time intensive. Trend following requires the trader to be in a trade for extended periods of time.


Because the forex is the world’s most volatile market, the trend follower is always checking on his trade. The trend follower never wants to be far away from access to the market. A common practice for a trend follower is to get up in the middle of the night to check on his trade.


The scalp trader can achieve the exact same profit in a fraction of the time simply by trading multiple lots. Get in, take profit, get out. Turn off your computer and go enjoy yourself.


As is often the case, myths and misconceptions are created from erroneous ideas.

Typically when a trader is tempted by the idea of fast and easy profits, these erroneous ideas become the driving force.


Yee Kok Siong believes forex trading an excellent way to generate additional income. Forex trading is not a unique endeavor that does not require proper training to realize consistent positive results. The bottom line is, getting properly trained is mandatory if one wants to realize success.

The 5 Pillars of Cloud Data Security

Given the recent influx of cyber-security attacks and the hubbub about the National Security Agency’s PRISM program, there is lot of talk about the importance of encryption to protect corporate data in the cloud. (PRISM is a clandestine data mining operation authorized by the U.S. government in which data stored or passing over the Internet can be collected without the owner’s knowledge or consent.)


While it’s true that encryption helps to keep data private, encryption is just 1 of 5 capabilities needed to completely secure corporate data in the cloud. Allow me to use an analogy in the physical world to explain what I mean.


Banks are an ideal example of the use of layers of security to protect important assets. A bank branch has a vault in which it stores cash and other valuables. Having a vault is essential, but on its own it’s not enough to fully protect the riches within.


The bank also has policies to guide who can access the vault; what identification methods are required to verify that an employee or customer has the right to access the vault; the hours when the vault can be legitimately accessed; and so on.


The bank also needs surveillance cameras so that in event of a breach, the authorities can play back the recording to understand exactly what happened, and when. Stationed near the vault, the bank has a security guard for additional protection against threats and to deter thieves. And finally, the bank employs armored vans to move cash around from the bank to stores, to off-premise ATMs, and to other banks.


Similarly, when we talk about protecting corporate data in the cloud, you need more than just a point encryption solution; you need comprehensive approach to cloud data security.


Let’s start with encryption-a technology that has been around for decades but is now more important than ever as threats from all angles are increasing. The encryption solution you use on your data needs to be standards-based and it must support both structured and unstructured data. For structured data, the encryption technology must not break any application functionality (such as searching or sorting). This latter requirement is quite important; if you can’t search on data in comments field in because it is obscured through encryption, you’ve defeated the value of using the application.


So Encryption is 1 of 5 critical security capabilities. What are the other 4?


You need contextual access control so you can ensure secure access to the data based on who the users are, what devices they are using, and what geographic locations they are in.


You need application auditing so you can identify who has accessed which data and alert based on anomalous use. This is critical as most SaaS applications don’t provide audit trail of “read” operations to understand what exactly happened when an incident occurred.


You need Data Loss Prevention Tools to make sure that PII and PHI data is not moving to or through the cloud in the clear in violation of PCI, HIPAA and HITECH regulations.


And finally, you need the ability to easily but consistently enforce these policies for cloud-to-cloud use cases.


This last need is an up-and-coming requirement that companies are just beginning to realize, but it will grow more important as companies use more cloud-based applications. Let me give you an example.


Let’s say a company uses Jive for business social and Box for cloud storage of documents posted in Jive. When Jason, an employee in my Sales department, posts a blog post on a competitor with a detailed attachment, Jive automatically stores the document in Box. In this cloud-to-cloud scenario, I need to make sure that my security, compliance and governance policies are consistently enforced across both, Jive and Box.


Encryption as a means of data security is a good start, but not sufficient. Make sure you bolster it with the other critical security capabilities for a more complete cloud data security strategy.



This piece of information is shared by Yee Kok Siong, an arbitrageur and an investor. Mr. Siong is a self-motivated entrepreneur who believes that no market is perfect and it is up-to an individual to understand that imperfect gap and business opportunity and make the most out of it.

Also read: Bitcoin Technical Analysis for Cryptocurrency Trading by Yee Kok Siong

Binary Options and Forex Platforms – The Differences

Many people are under the misconception that binary option trading is a form of forex trading. With forex trading being such a massive market people assume it is bigger and better than other similar trading vehicles. Binary options are a relatively new market entrant. Although there are similarities between the two trade types there are far more differences. Here is the lowdown on the main ones by Yee Kok Siong.


Forex trading, as the name implies, is all about currency. Traders make money from price differentials between currency pairings. Binary options are offered on currency pairings too. However, binary options are also available on company stocks, stock market indices and commodities. The range of assets available through binary options is much broader.


Trading the forex market is far more risky than binary options. Forex trades are highly leveraged, meaning high rewards but potentially big losses. In addition, the gains and dynamics of the trade are unclear until the trader closes off a position. The risk reward ration with binary options is clear from trade submission. The trader knows how much they stand to lose, how much they stand to gain, and when the trade will end (expiration).


The process of placing binary option trades is much easier than that for forex trades. With binaries the trader simply has to:


  • Choose the trade asset
  • Choose the amount to invest
  • Decide the direction and force of price fluctuation
  • Select the trade end
  • Begin the trade


Forex trades are rarely so simple. A trader may have to work out stop loss limits, lot sizes and what kind of order to place. There are more order option types with forex, which adds complexity to the trade process.


The way money is made is also different between these two types of trading. With binary options a percentage gain is attached to the binary at trade execution. With forex the trader must wait for a currency pairing change and choose to exit the trade when a profit is available. This is a fundamentally different way of trading.


There are less financial barriers to entry with binary options. It is possible to open an account for $100-$200. Trades can be started with as little as $5. Forex requires far greater capital investment.


Binary options are considered more profitable than forex trading. Binary option traders take conviction positions about price fluctuation. Payouts are generally between 60% and 85%. The likelihood of trade success is lower but commensurate with the payout level. With forex trades the same profits are only achieved through high leveraged positions.


Both forex platforms and binary options have their place in the market. With binary options offering currency pairings it could end up a choice between the two. Markets tend to consolidate over time and there is not always room for two similar trade vehicles. If it comes down retail investor choice between the two then binary options are in a strong position to succeed, having many positive benefits above and beyond those offered by forex.


Also read: Bitcoin Binary Options Trading for Attractive Returns

Auto Binary Signals – A Revolutionary Trading Method

Binary options have always been hailed as an easy path for beginners into the world of trading and profits. While a simple Put/Call binary option equation is indeed simple enough, and while it’s wholly transparent as well, its strategy implications are almost infinitely convoluted. Because of the payout rates (which are in the 70-89% range), one has to win far more than half of his/her trades just to break even. What this means is that in order to be successful with binary options, one needs to find a consistent way to come out ahead. This can be accomplished through proper technical analysis, to which the fundamentals have to be added as well. Such a task obviously exceeds the abilities and means of most rookie traders.


For such traders, a proper signal service is the answer. Letting others do the bulk of the “dirty work” is the only viable path. The problem is that like the greater binary options world, the industry that has sprung up around trading signals has given birth to quite a few scams as well. What one really needs is a legitimate service, like Auto Binary Signals.


Auto Binary Signals is a truly revolutionary trading method


Compared to all other signal providers out there, Auto Binary Signals is a head and a shoulder above the rest.


Binary trading signals come in a number of different forms these days, or rather, from a number of different sources. There are good and bad signal providers. All auto trading scams are based on trading signal generation, and indeed, most auto traders do in fact carry a manual trading option too. This option is essentially a signals service, based on signals generated by the software. These are obviously bad signals. Then there are the expert alerts: these supposedly originate from flesh-and-blood traders, who are successful at what they do and who are willing to share “pointers”.


Then, we have Auto Binary Signals, which is in a class of its own.


What makes Auto Binary Signals special?


Auto Binary Signals is NOT an auto trader. It does not act upon its own signals; rather, it leaves the final decision to the trader. Also, the way it comes up with its signals is wholly transparent and easy to understand, even for beginners. What’s more, Auto Binary Signals calculates the probability of success of every one of the signals it generates and it ranks its signals based on this. To make everything even handier, it also color-codes its recommendations. This way, traders can clearly see what they’re trading, when and for how much, and they know their chances of success before they actually open the position. Yee Kok Siong recommends that one stick to trades with a better than 85% rating.


Auto Binary Signals makes sure its users do in fact see the trading signals it generates. Every time the system spits out a signal, a window pops up and a sound alert goes off. The service works just as well on mobile phones, tablets and other mobile devices.


What is Auto Binary Signals’ most valuable feature?


Every time one places a trade, the thrill of potential profits, coupled with the expertise that goes into the move, make it all worthwhile. Ideally, every time a trade is placed and then ends up in the money (or even out of it), the trader also learns something. This learning experience is what carries the real value in the long-run. This explains why Auto Binary Signals is focused on this very aspect of the trading experience.


In addition to providing trading signals, appraising them and ranking them based on the likelihood of success, the service also offers detailed explanations about every one of these signals. There’s a “More Info” option on every trading recommendation. By clicking it, traders will open a MT4 screen, which contains the detailed analysis associated with the said signal. One couldn’t possibly wish for a better educational tool.


Why is Auto Binary Signals so efficient?

The majority of users will attest that Auto Binary Signals is indeed very good at what it does. Those who apply its recommendations properly, always boast excellent success rates. What makes it all tick though? The system uses no fewer than 5 proven and tested technical indicators to pinpoint trading opportunities. Actual signals are only generated though when all 5 of these indicators point in the same direction – so to speak. That’s the equivalent of having a signal resulting from one’s personal analysis confirmed and re-confirmed 4 consecutive times.



The builders of Auto Binary Signals understand that some traders are interested in trading certain assets over blindly applying all the trading signals that pop up. Therefore, they have made the filtering of their signals based a certain criteria available as well. ABS generates plenty of signals too. It won’t have traders sitting around idly, awaiting a trading opportunity. It will have them busy, it will have them profitable, and it will educate them on the go. Those are the reasons why ABS is truly revolutionary!


Also read: Blockchain Technology Companies For Trade Finance

Asian Banks: What Made Them To Accept Bitcoin & Blockchain Technology?

It seems like growing popularity of blockchain technology in the finance world has put the concern of Asian banks in digital currency to rest. Recently, when large financial institutions of China, Korea and Japan decided to launch and support blockchain and digital currency, it became evident that Asian countries are ready to embrace forward-looking apps of the technology.


Despite of the fall of Mt Gox in Japan and Chinese central bank’s crackdown on bitcoin exchanges, the region’s banking sector is showing great enthusiasm for the blockchain technology. Yee Kok Siong discusses here about the Asian banks who have indulged into digital currency recently.


Mitsubishi UFJ (MUFG): Develops Its Own Cryptocurrency


It made a big news when the largest bank of Japan made its own cryptocurrency, named “MUFG coin” while doing research about blockchain and distributed ledger technology. This initiative was taken to amplify the peer-to-peer exchange and mobile wallet functionality with no dependence on distributed network of miners. MUFG has started this project to cut down the costs involved in financial transactions especially in peer-to-peer money transfer and remittance.


KB Kookmin Bank: Blockchain Remittance Project


KB Kookmin Bank, based in South Korea has recently launched a project to develop blockchain solution for international remittances. It aims at facilitating safer, cheaper and faster money transfers to customers. As per the sources, bank has made this attempt to escalate their services by adopting the blockchain technology in lower level of data integrity platform. Also, blockchain based overseas fund transfer and data storage device are also on the future plans of the bank.


DBS Bank: Active on Blockchain Action


Singapore DBS bank and multinational Standard Charted banking firm made a blockchain partnership. Both firms have shown interest in taking their distributed ledger project for trade finance to next level with the involvement of other firms. In this context, both DBS and Standard Chartered bank are considering various distributed ledger technologies to achieve goal of their mutual project.


SBI Sumishin Net Bank: Exploring Blockchain-Based Banking


Japanese SBI Sumishin Net Bank in conjunction with Nomura Research Institute is all set to implement blockchain financial technology. For the development of this project, blockchain firm Dragonfly Fintech Pte has come forward. Not only this, SBI has agreed to invest $5m in parent company of Kraken bitcoin exchange. At the same time, SBK has signed a second agreement to invest in distributed ledger tech startup Ripple apart from establishing a joint venture company with the firm that operates in Asia.


People’s Bank of China: Issues Digital Currency


People’s Bank of China has expressed its interest in issuing its own digital currency. Though PBoC is not sure whether this currency would use the blockchain technology or not, but quite serious about this initiative. Evidence to this fact is their meeting with the central bank governor, deputy governor other than major financial institutions and advisory bodies of experts. Also, Citibank and Deliotte have responded positively seeing the efforts of central bank’s dedicated team towards digital currency.


MIZUHO Bank: Joins R3 Blockchain Consortium


Japan based bank, Mizuho has various earlier engagements with the bitcoin industry. Last year when Mizuho became one of the 25 banks which have joined R3CEV consortium for distributed ledger technology. Bank has joined R3 as it has seen the potential of serving good in banking with blockchain technology. As per the deputy president of bank, distributed ledger technology has the potential to innovate everyday banking activities.


Shinhan Bank”: Investment Made in Blockchain Firm


Headquartered in Seoul, South Korea, Shinhan is one of the South Korea’s largest financial service companies. It has made news recently by committing around $427,000 to Streami, a blockchain remittance startup. Steami targets the Asian remittance market encompassing region from South Area to China. It aims to help people avoid illegal money transmission in the target area.