|Binary Options Broker||New Account Bonus?
The bonus received after opening a new account on one of the broker’s platform.
The option to register and trade on a broker’s website if you are an American resident.
|Ranking||General Rating||Min. Deposit?
The return on investment received after winning a trade. If you invest $1000, and get an extra of $670, means the ROI was 67%. The final payout will be: $1670.
|Customer Service||Begin Trading|
|READ REVIEW||Up to 100%||$200||81%|
|Read Review||Up to 100%||$200||77%|
|Read Review||Up to 100%||$200||85%|
|Read Review||Up to 100%||$250||88%|
|Read Review||Up to 100%||$250||85%|
|Read Review||Up to 100%||$300||85%|
|Read Review||Up to 100%||$250||82%|
|Read Review||Up to 100%||$250||85%|
|Read Review||Up to 100%||$100||85%|
|Read Review||Up to 100%||$250||83%|
|Read Review||Up to 100%||$200||80%|
Understanding what are binary options and how they work is not hard at all. Trading binary options is even easier, even more after you will finish reading this introductory article that will help you better understand all about it. You have probably heard about asset transaction and you know that you have to buy a certain currency, commodity or stock and resell it later on when its value is higher than the price you initially paid.
This activity is kind of time consuming and keeps you in front of the PC for days, until the prices are good enough to give you a nice payout. Binary options trading is the easier alternative to all this complicated process and that is why you should try it as soon as possible. As the name itself states, you will have to choose between two possible options: the price of an asset will go up or down. As simple as that.
By pressing only one of the two available buttons on the trading platforms found on the brokers’ websites, you place a trade, make a prediction and win a nice sum of money. All these in a few minutes and from the comfort of your own home. In what follows we will try to decode for you this amazing world of binary options trading and if you want to get even more insight, feel free to consult our comparison table from above, read the reviews and watch the video tutorials
Binary options trading is very simple to use and understand and probably this is one of the reasons it is so appealing for almost anybody. The fact that you do not need to have extensive trading knowledge in order to be able to place a transaction is an aspect that rises the interest in many people. Practically you do not need special courses, as in the case of Forex trading, to know how to choose an asset, decide if its value will rise or fall and then press a button accordingly to your prediction.
Furthermore, binary options transacting is an online business that does not require you to pay money for courses, or for special packages that will be sent via mail and only after that be able to actually make an income. Here you simply invest money in your newly opened account and usually this sum is pretty low, something like $200, and begin trading. What is more appealing is the fact that the online brokers offer you a bonus for your first account, that sometimes can represent up to 100% of the sum invested.
After this, the trading process is simple: you select the amount you want to trade, it can be as small as $10, and proceed on choosing between the two values an asset is prone to have in the near future. Usually, the expiry time of such an asset is already preset for the near future: 10-15 minutes, but if you want you can opt to expire later on, even after a few hours. Anyway, this decision is not necessarily recommended, since it is safer to decide what will happen in the next tens of minutes, than in the next hundreds.
If you are still a beginner in this domain you would want to not jump to conclusions too quickly and put your money on an asset that you do not know too much about. In order to avoid such confusions, it is advisable to stay informed about any changes the market suffers. You can watch the news or read the daily online news feed, anything that keeps you up to date with the price fluctuation.
Next up is the tendency to become overconfident and invest more than you can afford in a trade you are not so sure about. Of course that if you invest more, you have the chance to win more, but above all you should maintain a clear mind and asses all the possible risks. When you are a beginner it is better to start transacting with smaller sums in order to gain some experience. After this trial period has passed, you can feel free to jump to bigger sums and thus, bigger profits.
These are pretty much the only risks that can come up while trading binary options. But, as you can see, there are simple methods to overcome them and come out as a winner almost every time. Anyway, you have to keep in mind that the only person responsible for the actions performed is you and only you, and in this respect it would be advisable to act accordingly.
Binary options trading represents an alternative to those pesky, hard to understand, Forex transactions, that took so long to be performed. Now, in only a matter of minutes you can win hundreds or even thousands of dollars just by deciding if an asset’s value will rise or fall within the next moments. This activity is fairly simple and can be performed by mostly everyone. It doesn’t require too much money either, with only $200 you can open an account and receive your bonus that can be up to 100% from the sum invested.
The conclusion that can be drawn is that binary options transactions are one of the most profitable businesses that exist online nowadays. Of course, there are a few risks but this can be easily overcome if you pay attention to some small details. For example you would like to stay informed in order to know how the assets’ values fluctuate and why. Only in this way you can make the best predictions and not risk one bit when deciding which button to press: Up or Down. If you would like to find out more about binary options brokers, you are invited to check our comparison table, along with the written and video reviews we prepared!
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