{"id":4419,"date":"2020-04-07T06:48:59","date_gmt":"2020-04-07T06:48:59","guid":{"rendered":"https:\/\/trade-malaysia-option.com\/bktrading\/"},"modified":"2023-02-12T16:02:20","modified_gmt":"2023-02-12T16:02:20","slug":"bktrading","status":"publish","type":"post","link":"https:\/\/trade-malaysia-option.com\/en\/bktrading\/","title":{"rendered":"BKTrading"},"content":{"rendered":"<p><span>BKTrading (Baumann &amp; Krauss Trading) is a new binary options broker, which started operating in early 2015. They use the spotoption platform commonly used by other established firms.\u00a0However, BKTrading is not regulated by CySec or any other body, and is not MiFID compliant.\u00a0As they are not included in the MiFID guidelines, they can offer trading to US-based traders.\u00a0BKTrading&#8217;s main focus is on the trader&#8217;s experience, but what now differentiates them from other brokers is the very low minimum deposit, only at \u00a310. Plus 10% refund for the option of settling money (losing trades).\u00a0Here are some other key details about the BKTrading brand;<\/span><\/p>\n<ul>\n<li><span>Demo Account \u2013 No<\/span><\/li>\n<li><span>Minimum Deposit \u2013 \u00a310<\/span><\/li>\n<li><span>Minimum trade \u2013 \u00a35<\/span><\/li>\n<li><span>Signal service \u2013 No.<\/span><\/li>\n<li><span>Bonus Details \u2013 100%.<\/span><\/li>\n<li><span>Mobile App \u2013 No.<\/span><\/li>\n<\/ul>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><span>Platform Features<\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/Screenshot-2015-08-07-09.06.19.png\" alt=\"\" width=\"698\" height=\"434\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span>BKTrading offers a familiar trading platform, based around the Spotoption model.\u00a0The type of option is the first decision for the trader (there is more detail about each type of option below).\u00a0Traders can then select the asset category they are interested in.\u00a0To the right of the asset category are four icons that allow traders to configure the trading area to their own preferences \u2013 from a single trading window with full details, to line sets, giving access to many assets at once.\u00a0Under the asset category is a selection of specific assets, in addition to the expiry time and trade amount (minimum trade with BKTrading is only \u00a35).\u00a0Both can change as needed.\u00a0Below the trading parameters is the price graph for the asset.\u00a0Time frames can be amended so that trends can be better identified.\u00a0Along the bottom is a bar &#8216;\u00a0<\/span><em><span>trader&#8217;s option<\/span><\/em><span>\u00a0\u00a0&#8216;, which describes the direction the trader&#8217;s sentiment is leaning.\u00a0On the price graph is the &#8216;Strategy Advisor&#8217; \u2013 this overrides some common technical analysis tools against the current price graph, and offers trading advice based on the results.\u00a0To the right of the price graph is the trade button.\u00a0The potential payout is displayed directly below the amount and will automatically update if the amount field changes.\u00a0Below that is the payment and amount &#8216;covered&#8217; \u2013 this will be displayed where it applies.\u00a0Just to the right of the payment information is the trade button.\u00a0Just like the others, they clearly identify,\u00a0\u00a0<\/span><em><span>Call<\/span><\/em><span>\u00a0\u00a0and\u00a0\u00a0<\/span><em><span>Put buttons<\/span><\/em><span>\u00a0including related arrows, and the strike price is between them \u2013 the color of this change reflects the latest price change, up (green) or down (red).\u00a0Choosing whether to trade button will bring up the &#8216;\u00a0\u00a0<\/span><em><span>trade approval<\/span><\/em><span>\u00a0\u00a0&#8216; window, which is an opportunity for the trader to check the details of the trade.\u00a0Confirming the approval will trigger the trade and will then appear in the &#8216;Open position&#8217; window of the trading area.\u00a0The &#8216;Open Positions \/ Expires&#8217; window sits below the trading window and allows the trader to track all open and closed trades.\u00a0These are grouped into trade types with all relevant details for each trade listed below.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><a href=\"https:\/\/iqoption.com\/lp\/mobile-partner\/ru\/?aff=12245&amp;afftrack=&amp;clickid=\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/iqoption.png\" alt=\"\" width=\"300\" height=\"72\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><span>Trading options<\/span><\/h2>\n<p><span>BKTrading offers forex, commodities, stocks and indices.\u00a0Their list of assets is quite comprehensive.\u00a0The index is the largest list.\u00a0Combined with the largest trading selection of any broker, this means traders using BKTrading will never be left out.\u00a0They offer seven types of options: Binary Options \u2013 Basic binary options.\u00a0Will the asset increase in value, or fall?\u00a0Pairs \u2013 How will the two assets stack up against each other?\u00a0Generally a pair consists of two related stocks (eg BMW vs Daimler), but can also be assigned to a commodity (Gold vs Silver for example) or an index.\u00a0Long-term \u2013 Similar to traditional binary options, but with a longer-term expiration time, usually weeks or months.\u00a0Short Term \u2013 As the name suggests,\u00a0very short term binary options with very short expiration time.\u00a0BKTrading accommodates 60,90,120,180 and 300 second expiration times.\u00a0One Touch \u2013 Does the asset price &#8216;touch&#8217; a certain value at least once before the time expires?\u00a0At BKTrading, only the &#8216;touch&#8217; option is available (there is no &#8216;no touch&#8217; option).\u00a0The target price is often far from the strike price \u2013 so payouts can be huge \u2013 up to 1000% \u2013 which some traders may find useful during volatile periods.\u00a0Ladder \u2013 Ladders offer a series of price levels that can be traded in both directions.\u00a0Because the level rises or falls relative to the strike price, the payout can be larger if a large price movement is required for the trade to be completed in the money.\u00a0Forex \u2013 This is an option that very few brokers offer, so a great addition to BKTrading.\u00a0It allows traders to trade currency pairs &#8216;per pip&#8217;, setting stop losses and target prices.\u00a0It is an innovation that brings traders closer to pure Forex trading than simpler forms of binary options.<\/span><\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><span>Mobile<\/span><\/h2>\n<p><span>BKTrading has not yet developed a mobile trading application.<\/span><\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><span>Payment<\/span><\/h2>\n<p><span>Payments at BKTrading are very competitive.\u00a0The most traded assets see payouts of around 77\u00a0\u00a0<\/span><strong><span>%<\/span><\/strong><span>\u00a0\u00a0.\u00a0As always, payouts will vary depending on the expiration time and asset selected.\u00a0Higher payouts are also available with different trading options.\u00a0For example,\u00a0 a\u00a0<\/span><em><span>ladder<\/span><\/em><span>\u00a0\u00a0or\u00a0\u00a0<\/span><em><span>one\u00a0<\/span><\/em><em><span>touch<\/span><\/em><span>\u00a0\u00a0option\u00a0\u00a0\u00a0will offer significant payouts for larger price steps.\u00a0Forex also works &#8216;per pip&#8217;, so can produce higher payouts if desired.<\/span><\/p>\n<p><strong><span>Withdrawal and deposit options<\/span><\/strong><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/Screenshot-2015-08-07-21.29.48.png\" alt=\"\" width=\"759\" height=\"530\" \/><\/p>\n<p><span>Deposits to BKTrading can be made via credit card (Visa, Mastercard, Diners and American Express).\u00a0Wire transfers are possible, but carry a transaction minimum of \u00a3500 \u2013 plus a \u00a325 fee. Transfers are also subject to delays, which means funds may not be available to trade immediately.\u00a0The minimum deposit via credit card is only \u00a3 10 \u2013 The initial deposit will determine which account the merchant type moves to (see table).\u00a0\u00a310 entry profit to &#8216;\u00a0\u00a0<\/span><em><span>Basic<\/span><\/em><span>\u00a0\u00a0&#8216; account, \u00a31,000 &#8216;\u00a0\u00a0<\/span><em><span>Standard<\/span><\/em><span>\u00a0\u00a0&#8216; and so on \u2013 up to &#8216;\u00a0\u00a0<\/span><em><span>VIP &#8216; account<\/span><\/em><span>\u00a0&#8216; \u2013 which sees traders pay an additional 3% on all trades;\u00a0Withdrawals are also handled based on account type, with VIP accounts having instant processed withdrawals.\u00a0Withdrawals are available through the same process as deposits \u2013 but there is a minimum of \u00a3100. Traders must provide certain documentation before withdrawals can be processed, following are the conditions set by BKTrading;\u00a0<\/span><em><span>1. Photo ID: This can be a public document such as a passport or driver&#8217;s license.\u00a0<\/span><\/em><em><span>2. Proof of address, such as receipts within the last 6 months of public utility bills.<\/span><\/em><em><span>3. A copy of the credit card used for the investment must be sent.\u00a0For your own security, please cover your card number on the front of the card, leaving only the last 4 digits visible, and also cover the CVV number on the back of the card, so that the signature is visible.\u00a0<\/span><\/em><span>The withdrawal process lags behind other binary options brokers but definitely makes big improvements as the company matures.<\/span><\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><span>Other features<\/span><\/h2>\n<p><span>BKTrading offers their customers the following features and benefits:<\/span><\/p>\n<ul>\n<li><span>TA Wizard \u2013 Technical analysis tool, available on price charts.<\/span><\/li>\n<li><span>Range of Educational Materials \u2013 Includes seminars, books, financial reports and one to one training<\/span><\/li>\n<li><span>24\/7 Support<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2 data-fontsize=\"39\" data-lineheight=\"39\"><a href=\"https:\/\/iqoption.com\/lp\/mobile-partner\/ru\/?aff=12245&amp;afftrack=&amp;clickid=\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/trade-malaysia-option.com\/wp-content\/uploads\/2020\/04\/iqoption.png\" alt=\"\" width=\"300\" height=\"72\" \/><\/a><\/h2>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BKTrading (Baumann &amp; Krauss Trading) is a new binary options broker, which started operating in early 2015. They use the spotoption platform commonly used by other established firms.\u00a0However, BKTrading is not regulated by CySec or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[104],"tags":[],"class_list":["post-4419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ulasan-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4419"}],"collection":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/comments?post=4419"}],"version-history":[{"count":2,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4419\/revisions"}],"predecessor-version":[{"id":4421,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/posts\/4419\/revisions\/4421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media\/3521"}],"wp:attachment":[{"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/media?parent=4419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/categories?post=4419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-malaysia-option.com\/en\/wp-json\/wp\/v2\/tags?post=4419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}