Maximum Stake size?

biggernbetter

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I'm looking at setting up an account for binary betting and would like to know the maximum and minimum stake you can place with various companies. Also, are there any limits on account sizes? :confused:
 
The ones I know about:

Binarybet.com: Min=£1, Max=£100
IgIndex: Min=£5, Max=£100

Account Size limits: You have to have enough in the account to cover the max loss of the bet, as far as I know.
 
jitasb said:
The ones I know about:

Binarybet.com: Min=£1, Max=£100
IgIndex: Min=£5, Max=£100

Account Size limits: You have to have enough in the account to cover the max loss of the bet, as far as I know.

just trade in max clip sizes!!!! of course they will move the price!!!!!
 
Min of £1 per point with binexx.com.

They are an exchange, so no manual processing or rejecting of bets.
 
England765 said:
Min of £1 per point with binexx.com.

They are an exchange, so no manual processing or rejecting of bets.

LOL you try 100 p/p on binexx. You won't get close. The size they offer from their own MMs is very small sometimes and it's never large. I agree they are much friendlier bookies than IG.
 
Bintrader said:
LOL you try 100 p/p on binexx. You won't get close. The size they offer from their own MMs is very small sometimes and it's never large. I agree they are much friendlier bookies than IG.

Fair point, £100 in one lump at market is a struggle. But you actually get close on bb without any rejections / hanging around to see if you are rejected? If I'm looking to do size on binexx I can normally get 40 or 50 quid done paying slightly more than the market price. Horses for courses....
 
Limits on size in Binary Markets

IG and BB will automatically take orders up to £30
beyond that they need to approve manually
I used to do good size with them up to £200,
at the very beginning but now i get rejections when i try £100

when i call them they say they'll do 50 and i can do another 50 once they've repriced !!!
 
momoney said:
IG and BB will automatically take orders up to £30
beyond that they need to approve manually
I used to do good size with them up to £200,
at the very beginning but now i get rejections when i try £100

when i call them they say they'll do 50 and i can do another 50 once they've repriced !!!

BB you must be joking. either youre a pauper, or i PROMISE YOU THEYLL BE MANUALLY DOING 5 PP (they might not be telling you, those proffesional crooks.)
 
jonathon said:
BB you must be joking. either youre a pauper, or i PROMISE YOU THEYLL BE MANUALLY DOING 5 PP (they might not be telling you, those proffesional crooks.)

Jonathon, all my IG binary bet trades are on manual and have been for ages. They don't like peeps who win.
 
Bintrader said:
Jonathon, all my IG binary bet trades are on manual and have been for ages. They don't like peeps who win.

Crooked is the word. Heads we win tails you lose
 
re: Larget Bet sizes

Bintrader said:
LOL you try 100 p/p on binexx. You won't get close. The size they offer from their own MMs is very small sometimes and it's never large. I agree they are much friendlier bookies than IG.
Could you please explain why Binexx is better than ig index to me again please from your experiance
 
Well they are not better. If you have an IG account that is on auto (and you will know if you don't), then IG have instant fills and a narrower spread. The only problem is if you scalp in and out and turn big profits they will slow your trades down. As other post have mentioned, we can't see how Binexx can survive, there turnover does appear to be big enough. Binex now have 12.5 range bets on the ftse - is this a joke or what?
 
I've used both binexx and bb. Both can be irritating, especially the small size on binexx. Generally easier to deal large on bb, I found they were only eye-balling bargains above £10/pt.
At end of day I decided to keep going, sometimes you can't get a fill and lose accordingly, but this is just a further cost of trading, best not to get too upset, keep a positive mind set, and move onto the next trade.
 
rav700 said:
Could you please explain why Binexx is better than ig index to me again please from your experiance

Both have pros / cons but on binexx:
- You can leave orders
- Bets won't get rejected (infuriating on bb/IG)
- site more reliable
- you get the odd price improvement
- more client-friendly

765
 
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