Do you need to change the automatically assigned broker on your new binary options signal software?
The instructions to change broker are below. Most binary options software require that you open an account with one of their supported brokers. The software will then be synced with that broker account. The way it works is that when you sign up, the software will automatically choose a broker based on your location and the cookies you have on your computer. For example, if you’re in the US, you won’t be able to join an EU-regulated broker, so you will probably be synced with Glenridge Capital, Tradorax, CTOption, Tropical Trade or any other non-EU-regulated broker. If you already have an account with CTOption, the software will recognize this and offer you one of the other brokers. Keep in mind that we don’t recommend that US traders sign up with ANY broker besides Nadex, which is US-regulated. Unfortunately, Nadex is not available with auto trading software.
Sometimes this doesn’t work well due to several possible reasons, such as if you deleted your cookies, if you’re using a different computer or your location is undetectable due to being in private mode. The software will not work if you open an account with a broker you already have an account with or if you are a US trader who opened an account with an EU-regulated broker.
So how do I change broker?
- Clear your cookies. This is important because the software uses a cookie to “remember” your assigned broker.
- Sign up using a different email address because the email you used at first is already tied up with the first broker you were assigned.
Keep in mind this doesn’t always work. You can also try using a different computer or IP address. Keep in mind that not every broker is available with every software and in every country. Also, you cannot have two accounts with the same broker. No matter which broker you go with, make sure you follow my guidelines to dealing with brokers carefully in order to avoid being scammed.