IG Index Binary Bets

[BinarySoft Chris]

Jules101,

Good for you..
but they are not tools for a novice and my answer must be taken into context using the previous replied message from me also.

Since when can you "close the position out at another provider" binary bets are proprietary instruments rather like CFDs are not necessarily interchangeable or tradable between brokers.

My comments are aimed at the novice my friend

The majority of people also lose with spread betting as well (especially novices!), I don't think you can single out binary betting in particular.

There are several companies providing binary bets (IG/binarybet , finspreads, cityindex, choiceodds, capitalspreads etc.) for many common markets - FTSE / Dow Jones / Currencies / Oil.