How to become a trader?

Before you ask yourself this question, ask yourself these:

  • are you strong enough psychologically to do this job? Indeed, it is an extremely strenuous job. You will find very little moral support from your family or friends. People don’t like traders. Most of us are thieves, thieves, thugs, thugs at the root of the economic crisis. And if we do not get out of this crisis, it is because we have not all been locked up, bank officials with it. In short, there is a great amalgam in all this but know that my mother is ashamed to tell her friends about my job…
  • If you’re not afraid of that, that’s fine. Then there’s the guts you need to manage huge investments on a daily basis. I have already mentioned this, one of the primitive defence mechanisms is to consider that they are only figures, but it is a mistake to think that. Do you realize the stress of losing millions of euros and being held accountable?
  • Are you ready to move abroad? Are you bilingual in English? Today, it is difficult to make a career as a trader only by staying in France.
  • Are you a math cracker? Are you a computer cracker?
  • Are you one of the best and most motivated? Since the crisis, it is no longer so easy to become a trader. The selection is much more drastic. So you have to be able to stand out from the crowd.
  • You have to be prepared not to win 200,000€ from the beginning. You will have a base salary of approximately €30,000 to which you will add your bonuses. If you are good quickly, you should reach a nice salary and hope to earn one day the same as the top 5 in the world.

There, I set the tone. If you ever feel strong enough to face all this and think you can sleep peacefully even while doing this job, then join our ranks.

How to become a trader?

To become a trader, you must obtain a baccalaureate 5 years of higher education in a high school or university. The subjects taught are very complete, including mathematics, computer science, economics, finance, etc. In each course, you must choose the finance option. The schools that train for the finance profession are:

  • The leading business schools: HEC, EDHEC, ESSEC
  • The major engineering schools: Polytechnic, Power Plant, Bridges
  • Universities specialized in finance: Paris-Dauphine, Pierre and Marie Curie…

The royal way for me is to do a Terminale S, to do a prep school math sup / math spé then to integrate Polytechnique because this profession requires a high level of technical skills.

How to integrate a trading room?

Since the crisis, it has become a stronghold that is difficult to penetrate. However, if you have completed the best school career, if you have very interesting internships or VIEs and if you are convincing in interview (low taste, insurance but not hotheaded), you will find your place in the trading room, and if you cannot or do not wish to become a trader, you can become a broker which is a profession that does not have the same requirements. Or, if you have sufficient capital base, why not trade for your own account? In that case, read this article.

The 5 highest paid traders in the world!

One might think that footballers are the best paid in the world, but there is a long way to go before traders.

A young trader starts with a “small” salary of €30,000. But if it’s good, it climbs fast. The average salary of French traders is €298,000. We are commissioned for each win. Money quickly becomes exhilarating and you have to be careful not to lose touch with reality. We play big, but we might tend to think that these are just numbers. I think it’s a normal protective reaction of our psyche.

In short, you didn’t come to read this article so that I could tell you about our moods, but to know who the 5 best paid traders in the world are.

So here is the list of the best traders:

  1. George Soros, received $4 billion with his company Soros Fund Management LLC
  2. David Tepper, $3.5 billion at Appaloosa Management
  3. Steve Cohen, $2.3 billion for SAC Capital Advisors
  4. John Paulson, $1.9 billion for Paulson & Co. Inc.
  5. Carl Icahn, $1.7 billion for Icahn Capital Management

And they’re certainly not the ones who invest in binary options, are they?

7 mistakes that all beginners make in the stock market

I have identified 7 mistakes that any beginner in the stock market can make but that must be avoided at all costs so as not to lose his capital in no time.

Why 7 mistakes and not 5 or 10? Quite simply because I only found 7 and it’s a number I like. In finance, no matter how mathematical we may be, we are no less superstitious. Superstitious is not the right term, we make decisions that are sometimes not based on logical foundations. Finally, let us return to the subject and the mistakes not to be made.

The list of the 7 mistakes that all beginners make on the stock market:


Error #1: Not having a trading strategy

As explained in the article “Is there a foolproof way to win on the stock market? “, there is a lot of trading strategy but you have to choose the one that suits you and follow it. If you decide to have a strategy that minimizes risk with a long-term gain, don’t try to make a big deal. Your capital could soar since you are not experienced in this strategy.
Of course, over time, you will evolve and want to change your strategy and you will have the right to do so. You just have to be aware of it and not go from rooster to donkey, otherwise you will get lost.

Error #2: Having too little starting capital
Beginners think that trading is a way to earn a lot of money in a short period of time. You have to learn to regulate yourself. Yes, it’s possible, there are some who do. But many beginners give money to these experienced traders because they have acted on the impulse.

Error #3: Use leverage effects
Beware of leverage effects. It’s really not advisable for a beginner. You can already train for several months with your own capital. Look at where your strengths and weaknesses are and don’t gamble the money you don’t have.
In the stock market, you should only gamble the money you are able to lose! The leverage will be for later, when you are an experienced trader.

Error #4: Do not try to understand your losses
You will have as a beginner many losing positions. Don’t think that it’s the market that’s gone wild. What was wrong was your decision. But why? Why? What happened? What happened? Note on a file or notebook your analysis for each losing position. At first, your comments will not be very constructive, but you will see that your analytical skills will develop over time. After that, you will no longer need your notes.

Error #5: Following the advice of others
Advice from others is often given with good substance but you must be able to analyze it, to know if it seems coherent or not. And these tips, whether they come from financial magazines or not, are often to be taken with a grain of salt.

Error #6: Buy high and sell low
It’s simple, it’s what makes everyone lose. But all this is a matter for the trader’s psychology and not for trend analysis. When you see an upward trend, you hesitate to buy, you let the yarn pass and then you buy because it only increases. But you bought too late and it’s falling apart. So you wait because you know it’s going to come back up, that’s for sure. But it only falls apart. Okay, you want to stop this bleeding, so you sell it, but it’s at its lowest. And a few days later, it goes back up. Certainly not at the level where you bought it, but enough to let you feel bitter.
That’s it, that’s how we all start. But how else could we do it?
This strategy you have adopted is the strategy of the moment. You want to do a big job in a short time. It works yes, but for the more experienced. Those who know how to buy in advance and sell before the fall. Not for beginners.
Think of share purchases as a medium-term purchase. Don’t get carried away by all these trends and don’t make hasty transactions.

Error n°7: Do not invest in weak stocks that will rise according to you
It is so tempting for any beginner to think that a stock of a large company such as Peugeot is at its lowest and will rise again. But it’s a mistake to buy at that time! Think long-term: what is Peugeot’s competitive advantage over others? In your opinion, is the company doing well and in danger of leaving again?
Action should not be seen as an upward trend after a long decline. An action can stay for very long years at the bottom of the wave, an eternity for your portfolio. Don’t put money where it’s not worth it.

In short, learn from your mistakes, don’t let your emotion take over your logic, place only what you are able to lose, don’t think in the short term and everything should start more easily for you.

5 books to read to make your wealth grow

If you are ever lucky enough to have some time for yourself and for reading on the beach or in your country house, why not read books that teach you how to better manage your wealth or even make your money grow… We have made a selection of books that are aimed at general audiences who are still amateurs in the financial field. They’re taking over the base but without blablas. It’s clear, concise and motivating!

Here is our selection of 5 books to read to make your wealth grow:

  1. “Rich Father, Poor Father: What rich parents teach their children about money so that they can serve them” by Robert Kiyosaki. This is the book that was given to me when I was young and it is thanks to Mr. Kiyosaki that I am now in the field of finance. At the time, I had lessons that didn’t speak to me, I didn’t understand the point of cramming all this. Then with this book, I changed my point of view. I don’t have to work to get good grades and learn stupidly, I have to work for myself, to cultivate myself, to understand what surrounds me and to apply that in life. So I became passionate about math in order to avoid letting anything go wrong in finance, but let’s get back to the book, which will be a real catalyst for anyone who reads it. The author was fortunate to have 2 “fathers”, a biological father who was a high level civil servant but who will remain poor since he remains in the established order and a mentor who is a virtuoso of finance, very rich. He will compare the two men, one who will remain afraid of losing everything and will not move forward, the other who takes risks but completely measured. One of the precepts is to make money work for oneself and not to work for money. It is not a technical book itself that will tell you what type of investment is best. It is more like a book that will explain how to change the way you see and do things in finance so that you don’t become part of the mass of people who. It is a book that will motivate you as it has motivated all its readers, I am sure. Moreover, it is a worldwide best-seller that has enabled the opening of many clubs all over the world so that members can help each other on a daily basis in this financial “philosophy”.
  2. “Save your money! “by Marc Fiorentino. Marc Fiorentino is an expert in financial markets, he owns a brokerage firm and a wealth advice site. He is also a columnist in the business press and of course an author. Be careful, this book is for absolute beginners, people who have already made investments would be disappointed by the technical level of the book (do not trust banks and credits…). In fact, the book deals with the inexorable evolution of the economy since the 2008 crisis and advice on how to ensure our retirement, which will no longer be financed by our very long working years.
  3. “Everyone deserves to be rich, or everything you’ve never learned about your money” by Olivier Seban. Olivier Seban was a very young entrepreneur and became a millionaire in a very short time. Today, he manages his wealth (real estate, stock market…) and gives conferences and seminars on the subject of finance… His book talks about us, our relationship to money and above all teaches us how to manage this money. As indicated in the book, the other one will do nothing for us, we have to learn to manage our money ourselves.
  4. “Build and manage your wealth successfully – A guide to slowly but surely enriching yourself” by Julien Delagrandanne. I love the subtitle, the tone is set. Don’t expect your money to make you rich tomorrow, but make it grow over the long term. Julien Delagrandanne was a professional trader on energy markets and exchanges. He regularly shares with us his enriching personal experience in investing and managing wealth in these works. Although this book is very interesting for people who want to invest in Forex, it is not only about the stock market but also about real estate, bonds, etc.
  5. “Think and get rich” by Napoleon Hill. It is a very small book with few pages and is far from being dear, but what we learn is once again a philosophy of financial life. Napoleon Hill teaches us to look at the successes around us (especially Warren Buffet’s) to inspire us and find our own winning strategy. Another very good book to start with.

Once you get to know these books at your fingertips, I invite you to read the article on them to get started in financial investment with confidence.

Is there a foolproof way to be a stock market winner?

Well, I’ve decided to do an article on a subject that bothers me. We saw that we could make a living from trading, but,

Is there a foolproof way to win on the stock market?

The answer is clearly no, those who tell you the opposite are pitchers, dream sellers who will often have a financial reason to tell you. It’s easier for you not to be fooled. If the individual or legal entity ever tells you that they have a miracle way to win on the stock market, you know that’s not true since they wouldn’t need to sell you anything with all the money they would have earned. And most often, when you make the point, she supposedly wants to share it with as many people as possible. We all believe in it.

In any case, nothing is infallible in our field but there are many interesting strategies (based on statistics, on markets…). There could even be a strategy per trader. You just have to find the strategy that suits you, that speaks to you and allows you to win more regularly. It is likely that one person can win with one strategy while another does not. It’s very subjective.

Strategies may also differ over time for each trader. Indeed, as he evolves, the trader will refine his strategy or change it completely.
For example, for the novice trader, so let’s face it, it’s advisable to adopt a strategy that allows you to manage risks and bet only what you can lose. As a beginner, the trader only takes a position on 1 or 2 trades since it is already a lot and it is better to master these values perfectly. This method makes it possible to round off the end of the month but not to live off it. After a few successful tests, the trader will want to go further.

The experienced trader, on the other hand, can have a more aggressive and less risk-based strategy by using high leverage (with caution of course).

As you will have understood, there is no infallible way to win but strategies to adopt according to your level and what you want to do. What works is 20% theory and 80% of the experience you will gain as a trader. So practice and get started!

Can we make a living from trading?

In this question, I will only deal with people who want to trade for their own account. It is obvious that it is possible to live professionally from trading as an employee.

What does it mean to live from trading?

Living on own account trading means that the gains made are much higher than the losses and that the net profit, once you have withdrawn the taxes, allows you to provide for all your needs. And yes, trading is subject to high taxes as soon as you earn €1. It is taxed on income tax, so the rate will be directly linked to your tax bracket. To this income tax, we must add the CSG, the CRDS and social security contributions (15.5% in total).

How much do you expect to earn in trading?

It should be noted that an average trader earns about 0.5% of his capital each day. That is 50€ per day with a capital of 10 000 €. That’s about 1000€ per month once the taxes are withdrawn.

Some advice before you start….

Before embarking on such an adventure, all interested people practiced as amateurs in the evenings and on weekends.

I still think it is important to follow a training course for traders. Even if it is short (6 months minimum are necessary), it will bring you a lot and especially will avoid you to lose all your capital in no time because of mistakes that you could not suspect by playing for little money. The best training is provided by trainers who also trade on their own account since they do not have the same profession as institutional traders.

Then you have to learn to control your emotions. This is a subject that regularly comes up at trading conferences, which shows the importance it has in our field. You must not let your own emotions (the fear of losing that will make you sell a stock when you may have won, the desire to earn more and finally you sell too late…) take over your logic, over the objectivity of the situation.

Finally, if you can get the idea accepted by those around you who think you are going to lose yourself and your family, then you will have the support you need to go far.

But be careful:

  • bet only what you are able to lose, i.e. bet capital that will not embarrass you if you lose it
  • control your emotions and trade objectively
  • don’t start until you are really trained in trading techniques
  • follow daily financial information sites to make sure you don’t miss an opportunity

So, yes, you can live from trading but be careful not to become addicted to trading.

Can we be addicted to trading?

This is a very difficult question to answer; can we be addicted to trading? But what is really the limit between passion and addiction? And it’s even more difficult to identify when you’re concerned yourself

For everyone, addiction is bad and passion is good.
As a result, we all say that we are passionate but certainly not addicted. And even when we are really addicted, are we really able to realize this on our own?

I admit it, I was an addict and my wife helped me out by making me understand why I was an addict, showing me the signs and telling me how I could evolve without stopping everything. Anyway, it was her or my addiction. I had to make the choice between my life as a couple and my trading life. I am now passionate and more addicted, it took me time and it is an everyday struggle not to fall back into addiction, to become dependent on this daily activity again.

Anyway, addiction makes you unhappy. Of course, sometimes you have feelings of extreme joy when you win. This somewhat compensates for the long moments of distress and loneliness when we see our actions fall. But this does not compensate for the distance from our family. We don’t realize it at first, but when we go out with our friends, when we are with our wives (or husbands but it’s much rarer the female addiction to trading although it also happens) and our children, we think of actions. Did we make the right choice? Should I sell or buy more?

Then, the better it goes, the more conversations with others annoy us. We are not interested in hearing what happened at school for the children, what we have to cook for tonight, etc. The only thing that interests us is to quickly get rid of all these social tasks and eat quickly to go “to work”.
The night also seems too long to us. We are exhausted but it is very difficult to turn off our screens because we know that once we go to bed, we will not be able to fall asleep easily anyway. You might as well wait until you’re really on the verge of fainting before you go to bed.

In fact, for those around us, it is not easy because they see an evolution in our rather slow but lasting behaviour. My wife used to complain about me spending more time with her and then she would negotiate. It irritated me. I didn’t feel understood and I found her too dependent on me. It took me a long time to understand that I was the problem and especially that there was a problem.

Addiction leads to social isolation and inevitably to depression (sometimes depression). You don’t feel fulfilled spending all your free time trading since you have to face a lot of losses that destroy you morally and if you have to work next door, it doesn’t fill you with joy and all you can think about is going back to trading.

So what are the situations that should tell you that you do have a real gambling addiction?

  • You have had problems with your family and friends and you prefer to isolate yourself: you do not think you are part of this rather uninteresting world
  • In the evening, you have trouble stopping trading because you know that you will think about it in your bed and that you will have trouble falling asleep anyway
  • Even if you have lost money in trading, you think it’s just a bad time. You will recover and get back on track without making the same mistakes
  • You think from time to time that it takes up too much of your life and that for your own good, you should reduce the time spent trading
  • You make beginner trading mistakes: you take big risks on your capital, you try to erase your losses by increasing the size of your positions
  • If you don’t trade, you get bored
  • When you lose, the feeling is much more intense and long-lasting than when you win. And when you lose, you ruminate much more than when you win. In fact, when you win, you play again immediately.

If you recognize yourself in these points, you are like me addicted to trading. Don’t worry, it’s not a big deal in itself. We tend to dramatize addiction, but we are not murderers. For me, this is a moment of error when we found more interest in trading than in life, which I would call “real”.

How to stop addiction?

This is a little more complex. My grandfather who had an alcohol addiction had to find a substitute and became addicted to soft drinks… But in our case, coca won’t solve our problem.

  1. It is essential that you be aware of your addiction. As I said, our first concern is to think that it is others who misunderstand the situation. We do not believe in our addiction. To do this, I advise you to keep a log of your trades with the time spent each day on the trade. Share the start time, end time, your feelings and also your mistakes and why you think you made a mistake. This will allow you to evolve in the trade. You think I’m crazy? I give you yet another reason to spend more time on trade? It’s the only way I’ve found to get interested in this journal. If it doesn’t help you, you won’t do it. At the end of the week, look at the number of hours you spent there. That’s quite telling. We are not far from a job in itself, but unfortunately, most of the time, we do not even earn the equivalent of a salary. Tell yourself that it’s not normal to spend so much time on this activity!
  2. Find a way to gradually detach yourself from this activity by finding another social activity. I think it’s the hardest step. There is very little interest in other activities, there is no adrenaline in trading and it gets boring very quickly. You have to hold on and insist. For me, the revelation was to do sophrology with my wife. It relaxed me, it allowed me to think about something else and it did me a lot of good. I found myself a little bit because I had really lost myself.
  3. Cut yourself off from the world of trading for a few days. Go to the countryside and recharge your batteries with your family or friends. Show them that you’re not the lonely, somewhat aggressive guy they thought you were. Cook, play tarot cards or a board game. Make sure you have fun. Your mind is very powerful and we are able to be “self-hypnotized”. When I get angry, I close my eyes, take a deep breath and calm down and tell myself that it’s nothing and that it will pass. The same goes for boredom. When a situation bothers me and I want to go back to trading, I close my eyes, take a deep breath and try to find the nice points in the current situation.
  4. It is not necessary to stop trading completely. You can continue, but you must set limits on yourself. These limits, you know them deep inside yourself, either they are time limits or they are loss limits. It’s up to you.

In any case, know that there is a life after addiction and that this life is worth living. Do not isolate yourself to the very depths of your entrenchment by telling yourself that others do not understand anything and exaggerate. Be self-critical and trust those around you. To get out of this, you will have to find a solution with them. You can’t do it alone.

Top 5 financial applications

The top five finance applications for your iPhone, iPad and iPod touch cover all aspects of business and personal finance. You can manage all your invoices in one place, check the latest commodity prices, or monitor your equity portfolio accurately and instantly.

The Top 5 finance applications:

1. BlackGold

Look at the prices of crude oil, gold, gas, natural gas, and oil. This application allows you to be immediately informed of all fluctuations in raw materials, whether they are rising or falling.

System requirements: Compatible with iPhone, iPod touch and iPad. Requires iOS 3.1.3 or higher.

2. Mortgage Calculator

This tool allows you to calculate a mortgage. It is described by iTunes as the “most complete, trusted, and downloadable mortgage calculator tool in the App Store.”

Useful for real estate agents but also for investors or future owners.

System requirements: Compatible with iPhone, iPod touch and iPad. Requires iOS 4.2 or later.

3. Money & Bills page

Pageonce Money & Bills allows you to track your finances in one place. Receive reminders for due dates, monitor your credit card transactions, and even track your loyalty points. You can also add an unlimited number of accounts and track your mobile phone usage times, sent sms and mms. In short, this tool presents a phenomenal amount of information, at no extra cost.

System requirements: Compatible with iPhone, iPod touch and iPad. Requires iOS 3.0 or later.

4. Venmo

One could say that Venmo is the application of finance. Link your credit card to your device and do all your transactions with this tool. By adding all your contacts to the address book, you will be able to make direct transfers to their bank accounts via text message. And it’s a free application.

System requirements: Compatible with iPhone, iPod touch and iPad. Requires iOS 3.1.3 or later.

5. Wikinvest, Portfolio Manager

Follow your entire wallet in the palm of your hand. Automatically import your assets and stay on top of the market with an application that will really simplify your investments.

System requirements: Compatible with iPhone, iPod touch and iPad. Requires iOS 3.0 or later.

5 financial news sites to add to your RSS feed or follow on twitter

Many sites offer their own financial information and analyses of personal investments.

It is difficult to find your way around and make a quality selection by yourself. Here is the list of the 5 financial news sites that I use professionally either daily for the first ones or weekly for the others. You can follow them for the most part thanks to the RSS feeds that you can set up as the home page of your web browser. Others also propose to follow them on twitter for those who prefer to use this tool.

  1. The Financial Times is an English-language site, but it is essential to consult it for financial information.
  2. Les Echos would be the French equivalent of the FT for those who do not like or do not speak Shakespeare’s language.
  3. Google finance allows you to follow all the financial news that Google’s finance team (or Google’s search robot to be more precise) has gathered on the web. The information is of very good quality and especially in real time.
  4. Yahoo also has its financial counterpart, Yahoo finance, which is older. But the information is of high quality.
  5. I hesitated for 5th place between Alternatives Economiques and La Tribune. So I put them in a tie.

Off-list, I would still like to point out a very useful American site Dinkytown which offers more than 300 financial calculators. In this batch, there will be at least one that you will need!

The AMF blacklist of illegal brokers

[MAJ : 24/03/2016]

As I showed you on the article about binary options, not all brokers are allowed to offer these binary options.

The Autorité des marchés financiers (AMF) provides a list of unauthorised websites offering binary option trading for which no authorised investment service provider has been clearly identified. This list is regularly updated as the AMF adds all sites that have recently been identified as offering these products irregularly in France and withdraws all sites that have ceased their activity on French territory since the previous press release.

It also indicates that we must remain vigilant in the face of advertising campaigns considered aggressive on the web, relating to the trading of binary options and announcing very high returns within very short deadlines.

Here is the AMF blacklist of illegal brokers in Forex published in February 2016 and updated in March by the AMF:

  • www.4xp.com/fr / Forex Place Limited
  • www.activmarkets.com / Activmarkets
  • www.astonforex.com / Marketrade Ltd
  • www.bancdeoptionsteam.com / Bancde Options
  • www.bancmarkets.com / Marketing Accounting Ltd
  • www.bankinvestcapital.com / Ltd Global Gateway
  • www.bclaysmarkets.com / Bclays Markets
  • www.bforex.com / BFOREX Limited
  • www.brokerandco.com / Sisma Capital Limited
  • www.brokers500.com / Market City Inter. SRL
  • www.cfxmarkets.com / CFB International Ltd
  • www.colbertcap.com / Colbert Capital
  • www.consorfx.com / Trading Technologies Ltd
  • www.cvcgroups.com / CVC Ltd
  • www.elyseescapital.com / Elysees Capital
  • www.equitycapitals.com / Equity Capitals Ltd
  • www.expertdania-investissement.com / Expert Dania Investissement Ltd
  • www.eurobondfx.com / Eurobond Ltd
  • www.euromaxfinance.com / Euromax Finance Limited
  • www.feeltrade.com / JBC-PRO Limited Broker International
  • www.finanzasforex.com / Evolution Market Group Inc
  • www.finchmarkets.com / Finch Markets
  • www.forextrada.com / Forextrada
  • www.forextradition.com / Forex Tradition
  • www.ftradition.com / G.M.E. Ltd
  • www.fxbtrade.com / AXA Assets Ltd
  • www.fxcapitalbank.com/Capital Market Limited
  • www.fxcast.com / Surplus Finance SA
  • www.fxcmanagement.com / Fxcmanagement
  • www.fxglcapital.com / Consomatrade Ltd
  • www.fxntrade.com / Genus Group Ltd
  • www.gainsy.com/fr / Gainsy Forex broker Company
  • www.gcitrading.com / GCI Financial Limited
  • www.gfssecurities.com / GFS Securities Ltd
  • www.globuscapitallimited.com / Globus Capital Associates Limited
  • www.gmtinvesting.com / Agles Limited
  • www.haussman-invest.com / Haussman Invest
  • www.hcifund.com / Axa Assets Limited
  • www.ia-patrimoine.com / IAP Ltd
  • www.ibcfx.com / IBC Capital Ltd
  • www.icmarkets.com / International Capital Markets PTY Ltd
  • www.icmtrading.com / iTrade Captal Markets Ltd
  • www.ifx4u.com / The Oklycapital Limited
  • www.ihforex.com / Investment House International
  • www.ikkotrader.com / IP International service
  • www.imcbroker.com / Nordane Group Ltd
  • www.instaforex.com / InstaForex Companies Group
  • www.integralbroker.com / IB International Ltd
  • www.investcapitalmarkets.com / ICM WORLDWIDE Ltd
  • www.investocopy.com / Investocopy Ltd
  • www.istockcapital.com / Certatus Limited
  • www.itcfx.com / Investment Formula Corporation
  • www.itnfx.com / International Traders Network FX
  • www.ixitrade.com / Ixitrade
  • www.jbc-pro.com / JBC Pro Limited
  • www.justrader.com / MT Capital Partners
  • www.kd-markets.com / Globstate Assets Holdings Ltd
  • www.lambergkapital.com / Original Markets Ltd
  • www.metatrada.com / Meta Trada
  • www.mhoptions.com / Morgan & Hilt
  • www.motionforex.com / Motion Forex Ltd
  • www.mutual-broker.com / Mutual Broker
  • www.nakitrade.com / Nakitrade
  • www.netcfd.com / Centaure Capital Partners Ltd
  • www.netotrade.com / Neto Trade Global Investment
  • www.newtradefx.com / Financial Strategy Holdings
  • www.obroker.com / Landkey Enterprises Inc
  • www.oxfordmarkets.com / Oxford Markets
  • www.primefms.com / B.D.E.E.S. Group LTD
  • www.privilegetrading.com / Bio Stars Advisors Inc
  • www.solutionscapitals.com / Solution Capital Limited
  • www.strategiessolution.com / Strategie Solution Ltd
  • www.sunbirdfx.com / Sunbird Trading limited
  • www.tmarkets.com / T Markets
  • www.tradaxa.com / Sisma Capital Limited
  • www.tradect.com / Investment House Limited
  • www.traderplace.com / Trader Place
  • www.tradmaker.com / Trading Technologies Limited
  • www.trader 369.com / IP International Service – AJ Browder
  • www.triomphecapital.com / Capital Triumph
  • www.ubtforex.com / UBT Forex Ltd
  • www.versaillesfinances.com / Globstate Assets Holdings Limited
  • www.youtradefx.com / Youtrade Capital Market Pty
  • www.zarforex.com / RGV Media Ltd

The black list of illegal brokers in binary option updated in March 2016:

  • www.01binarygroup.com
  • www.01broker.com
  • www.4investcapital.com
  • www.4xp.com
  • www.24hcapital.com
  • www.50option.com
  • www.77options.com
  • www.2251ws.com
  • www.abbeystockbroker.com
  • www.abcbinaire.com
  • www.activebanque.com
  • www.agfmarkets.com
  • www.ajbrowdercapital.com
  • www.alternative-markets.com
  • www.angels-investors.com
  • www.astonmarkets.com
  • www.attractivetrade.com
  • www.bancdemonaco.com
  • www.banco-binario.com
  • www.bankandbinary.com
  • www.bankandcapital.com
  • www.bankandtrader.com
  • www.bankingbinary.com
  • www.bank-invests.com
  • www.bankofbinary.com
  • www.bankofinvest.com
  • www.bankofmarket.com
  • www.bank-partners.com
  • www.banks-capitals.com
  • www.bankxp.com
  • www.banqofbroker.com
  • www.banqueinvest.com
  • www.banqueoption.com
  • www.barclaysbroker.com
  • www.bclbrokers.com
  • www.beipartners.com
  • www.bestepargne.com
  • www.betonspot.com
  • www.bfbmarket.com
  • www.bfm-capitals.com
  • www.bfmmarkets.com
  • www.bfmvip.com
  • www.bforbinary.com
  • www.bforbroker.com
  • www.bforoption.com
  • www.bfxoption.com
  • www.bhmmarket.com
  • www.bigoption.com
  • www.binairedirect.com
  • www.binamax.com
  • www.binareo.com
  • www.binarinvest.com
  • www.binaritrading.com
  • www.binary.com
  • www.binaryfxmarket.com
  • www.binary-limited.com
  • www.binarush.com
  • www.binarylowcost.com
  • www.binarymarkets.com
  • www.binarynvest.com
  • www.binarystockmarket.com
  • www.binarywallstreet.com
  • www.binoa.com
  • www.bitransax.com
  • www.bloombex-options.com
  • www.blue-options.com
  • www.bnrmarkets.com
  • www.bo-bank.com
  • www.bocapital.com
  • www.bo-markets.com
  • www.bossoptions.com
  • www.boursoclick.com
  • www.boursofx.com
  • www.boursoland.com
  • www.boursolev.com
  • www.boursomarket.com
  • www.boursoratrade.com
  • www.bp-direct.com
  • www.brokercapitalinvest.com
  • www.brokerinternationalbank.com
  • www.brokerofgeneve.net
  • www.brokersoptions-markets.com
  • www.brooks-partners.com
  • www.bse-capital.com
  • www.bvamarket.com
  • www.byrix.com
  • www.callwinfx.com
  • www.camfinances.com
  • www.capitalbankltd.com
  • www.capitalcourtage.com
  • www.capital-epargne.com
  • www.carmigestion.com
  • www.ccftrading.com
  • www.cedarfinance.com
  • www.centralebankeurope.com
  • www.cfebourse.com
  • www.cititrader.com
  • www.citmarkets.com
  • www.citrades.com
  • www.cityofbinary.com
  • www.clubepargne.com
  • www.cobtrading.com
  • www.ct-broker.com
  • www.ctoption.com
  • www.daily-option.com
  • www.dealinpro.com
  • www.digitoption.com
  • www.directepargne.com
  • www.easyxp.com
  • www.ebinaires.biz
  • www.eiffelinvest.com
  • www.empireoption.com
  • www.epargnefacile.com
  • www.etrade-securities.com
  • www.excellencebroker.com
  • www.excitingmarkets.com
  • www.fb-one.com
  • www.fboption.com
  • www.finances-capital.com
  • www.financialbinary.com
  • www.financial-broker.com
  • www.firstclassbinary.finance
  • www.fmtrader.com
  • www.fortunebanque.com
  • www.fournisseursopportunitesboursieres.com
  • www.frxbanque.com
  • www.futurmarket.com
  • www.fxbfinances.com
  • www.fxobank.com
  • www.generalbank-invest.com
  • www.general-broker.com
  • www.generaldebank.com
  • www.generaloptions.co
  • www.genevabroker.com
  • www.geoption.com
  • www.gfboptions.com
  • www.gfmtrader.com
  • www.gftrades.com
  • www.globaltrader365.net
  • www.gmtprivatebroker.com
  • www.golden-bank.com
  • www.goldwinmarket.com
  • www.good-option.com
  • www.goptions.com
  • www.groupebinary.com
  • www.gtimarkets.com
  • www.gtoptions.com
  • www.haussmancapital.com
  • www.highbroker.com
  • www.iam-broker.com
  • www.ibank-capital.com
  • www.icbc-invest.com
  • www.idmarkets.com
  • www.igfmarket.com
  • www.igm-financial.com
  • www.igm-markets.com
  • www.ikkotrader.com**
  • www.infinity-bank.com
  • www.ingbroker.com
  • www.inglobalmarkets.com
  • www.inglobaltrade.com
  • www.insta-trading.com
  • www.intercomarkets.com
  • www.intercontinentalmarkets.com
  • www.invest-binary.com
  • www.investmentswiss.com
  • www.invest-option.com
  • www.ioptioneu.com
  • www.ksftrader.com
  • www.laplateformedubinaire.com
  • www.leadercapitalpartners.com
  • www.leaderoption.com
  • www.legendoptions.net
  • www.libertybinary.com
  • www.livetrader.eu
  • www.livretplus.com
  • www.lo-bank.com
  • www.londonbrokersoptions.com
  • www.luxeinvesting.com
  • www.managementinvest.com
  • www.markets-capital.com
  • www.markets-central-investment.com
  • www.markets-investment.com
  • www.mhoptions.com
  • www.miller-options.com
  • www.monatrade.com
  • www.mondialbank.com
  • www.mutual-broker.com
  • www.mybrokercorp.com
  • www.myselftrade.com
  • www.newton-invest.com
  • www.nextbinary.com
  • www.ng-bank.com
  • www.nowoption.com
  • www.nrgbinary.co
  • www.obinarycorporation.com
  • www.obmarkets.com
  • www.okboptions.com
  • www.onetradeoption.com
  • www.onetwotrade.com
  • www.optimarkets.com
  • www.option-bank.com
  • www.optionbanking.com
  • www.option-capitalmarket.com
  • www.optionderivative.com
  • www.option-direct.com
  • www.optionet.com
  • www.optionprim.com
  • www.option-pros.com
  • www.optionrama.com
  • www.options-forex.com
  • www.optionside.com
  • www.optionsmarter.com
  • www.optionsxo.com
  • www.option-world.com
  • www.phenixoption.com
  • www.planetoption.com
  • www.prestigebanq.com
  • www.privat-epargne.com
  • www.privatbankinvest.com
  • www.priva-trade.com
  • www.privilege-market.com
  • www.pro-binary.com
  • www.profinalys.com
  • www.proinvest.trade
  • www.rbsbourse.com
  • www.redforoption.com
  • www.royaldebank.com
  • www.scottoption.com
  • www.solution-invest.com
  • www.startoptions.com
  • www.sterlingsfx.com
  • www.strongoptions.com
  • www.success-bank.com
  • www.success-broker.com
  • www.superoptions.com
  • www.supremebinary.com
  • www.swiss-banque.com
  • www.technopers.com
  • www.timebinary.com
  • www.titantrade.com
  • www.tmarkets.com
  • www.total-options.com
  • www.tradarea.com
  • www.trade-call.com
  • www.tradecapital.net
  • www.tradeofbinary.com
  • www.tradeofbroker.com
  • www.tradequicker.com
  • www.tradereasy.com
  • www.trader-invest.com
  • www.tradersking.com
  • www.tradersleader.com
  • www.traderush.com
  • www.traderxp.com
  • www.tradignition.com
  • www.trading-markets-capital.com
  • www.triumphoption.com
  • www.tx-markets.com
  • www.ubinary.com
  • www.udbroker.com
  • www.universalbourse.com
  • www.vipbinary.com
  • www.winn-trade.com
  • www.winntrade.net
  • www.winobin.com
  • www.worldbmarkets.com
  • www.world-of-binary.com
  • www.world-tradeinvests.com
  • www.worldtradeoption.com
  • www.xfroptions.com
  • www.xpertmarket.com
  • www.xpmarkets.com
  • www.zebrainvest.com
  • www.zeoption.com
  • www.zoomoption.com

You will find that the list of approved brokers is ridiculous next to the brokers to avoid. That is why we offer you reliable and recognised brokers in Europe.

Also to be seen:

  • The AMF blacklist updated on DocteurBinaire.com