GDMFX BINARY OPTIONS ON MT4 TUTORIAL
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1 GDMFX BINARY OPTIONS ON MT4 TUTORIAL HOW TO SIGN UP FOR A BINARY OPTIONS ACCOUNT 1. You can trade Binary Options and Forex in one and the same trading account, via the MetaTrader 4 platform. Just sign up for a demo or live account on our website. You can watch our video tutorial. Please select Live or Demo Account and then choose your Account Category and Type. Also, please verify your Personal Details are correct before choosing your Password. Click Register to continue. 2. If you have registered a demo account, you will receive your MT4 credentials on your . In a case of a live account, you will need to verify your , log into your account and upload the necessary documents (proof of ID and proof of address). Once your live account is approved, you will receive an titled Account Approved! containing your MT4 credentials. HOW TO INSTALL THE MT4 BINARY OPTIONS EXTENSION 1. Go to the Binary Options section of our website. Scroll down to the How to get started? subsection and click on Download MT4 Binary Options extension. Please make sure you meet the requirements: PC running Windows Vista or higher.
2 2. Run the downloaded file and follow the onscreen instructions 3. Upon successful installation, click on the new GDMFX Binary Options platform shortcut icon on your desktop with the name of GDMFX-BO. If the shortcut is not created, go to your start menu and run GDMFX-BO.
3 4. Make sure that you have selected the GDM Forex Meta Trader 4 platform to integrate the Binary Options Extension with. Click OK. HOW TO TRADE GDMFX BINARY OPTIONS IN MT4? 1. Enter your Login Number and Password as provided in your account registration, and select the respective server from the drop-down menu. Click Login. 2. Once logged in, the regular MT4 platform will appear. Go to the MarketWatch window -> Right click -> Show All. All the Binary Options instruments have a bo suffix in their names. In case you would like to open an instrument s chart, right click on it in the MarketWatch -> Chart window.
4 3. To open the Binary Options new order window, double click on a BO in the MarketWatch. 4. A tick chart will be displayed within the new trade window. Once you make your analysis and are ready to place a trade, select:
5 The instrument - whenever necessary, by default double clicking on an instrument in the MarketWatch panel will open the new order window for the same instrument The investment. The minimum investment is 10 currency units of your MT4 account s base currency; the maximum per trade and combined for all BO positions can be seen on the Account Types section of our website. You can either select an amount from the dropdown menu, or manually enter an amount divisible by 10 The expiry: you can choose one ranging from 60 seconds up to 1 day Order type: in case you would like to open a trade at the present time and current price, select Market. In case you would like to activate a pending order, select Pending If you chose Pending above, enter a desired price in the Execution price field Click on Up or Down based on your analysis. 5. If you placed a Market order in the previous step, the window will display a countdown timer, the ticket number, the chosen investment, the direction you selected, the expiry, the current price and the current profit. In case you would like to return to the new order window, click on the button.
6 6. After the time as per your position passes, it is automatically closed. The result will appear on your screen. There are 3 possibilities: if at expiry the price went in your direction, you will earn the payout you saw at the time you opened it; if the price went against you, you will just have to pay the investment you chose at the time you opened your position; if the price is exactly the same as the price at the position s opening then it is a draw and the result it zero. 7. You can see the result of your position in the Account History tab of your Terminal panel. Each Binary Options trade has 2 tickets in the account history log: one ticket with zero Profit/Loss, and another ticket with the actual result.
7 8. In case you placed a pending order in step # 4 above, it will appear in the BO trade window similarly to step # 5 above. The timer will not start counting down until the current price reaches or passes the opening price you have set. 9. If you would like to cancel a pending order on Binary Options, go to the Trade tab of the Terminal panel, find the ticket for your pending order and click on the button (one-click trading should be enabled).
8 HIGH RISK INVESTMENT WARNING: Trading Binary Options is highly speculative, carries a level of risk and may not be suitable for all investors. You may lose some or all of your invested capital; therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading Binary Options. USA REGULATION NOTICE: Binary Options Companies (including GDMFX) are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). Please take notice that any unregulated trading activity by U.S. Citizens is considered unlawful. GDMFX does not accept customers located within the United States or holding an American citizenship. SITE RISK DISCLOSURE: GDMFX does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading Binary Options may not be suitable for all investors. GDMFX doesn t retain responsibility for any trading losses you might face as a result of using the data hosted on this site. END OF TUTORIAL
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