Trading binary options like a pro
Thank you for visiting Top11BinaryOptions, a comparison guide of regulated binary options brokers.
While not everybody knows exactly what “binary options trading” is, most have heard the bad press it has been receiving recently, most of which can be attributed to some brokers engaging in business practices that are, at best, questionable, and many times, downright illegal.
We believe that the majority of binary options brokers are reliable and transparent, but it is often difficult for traders to know which ones to seek out, and which to avoid.
Trading binary options entails risks. It is a financial investment, and as such, contains no guarantees. Traders who can analyze and understand market trends and movements, will earn profits. However, as with all manners of financial investments, losses will occur sometimes. The key is maximize profits while keeping risks at a minimum.
Top11BinaryOptions was established to help identify the binary options brokers that can be trusted, so that traders can focus on the risks inherent in trading binary options, while not having to worry about the reliability of their brokers.
Let the vast experience of the Top11BinaryOptions team help you navigate the deep waters of binary options trading, and guide you to the regulated brokers that we have found are the best.
Over the past decade or so, an increasing number of people around the world have discovered that they can make excellent profits trading binary options online. Pretty much anyone can trade binary options profitably, with or without experience. It can be done from wherever the trader happens to be, at any time of day or night. Best of all, the results are immediate – often within minutes.
The principle behind binary options trading is not complicated. As a trader, you choose an asset (currency pair, commodity, stock or index) and determine if you believe the price will rise or fall in a predetermined time frame. If you believe it will rise, you place a "Call" option (also known as a "High" option), and you believe it will go down, then you place a "Put" (or "Low") option. If you are correct, you earn money on your investment. It's that simple.
Unlike traditional stock market and forex trading, in binary options, you never actually own any shares in what you trade, so your investments do not affect the asset price in any way at all. The second difference is that it makes no difference how much an asset price rises or falls. Whether it moves one pip or 1,000 pips, your potential profit (and risk) are exactly the same.
There are hundreds of online brokers to choose from, but it is important to realize that they are not all the same. To help ease your transition into the world of binary options trading, we have gone through as many online brokers as we could, and provided information and reviews for what we believe are 11 of the best ones. Each has advantages and disadvantages, and there are differences between them. Feel free to go through the chart above and see what some of those differences are, and then click on and read the reviews that we have supplied for each one.
Once you have chosen a broker, go to that website and register for an account (this is a very easy 3-minute process), deposit money into your account, start trading and watch your profits grow. Of course, if you have questions for us, you are welcome to contact us and we will be happy to assist you in any way that we can. Happy trading!
How Binary Options work and how you can trade
Making the most of your binary options trading experience
We said above that anybody can successfully trade binary options, and that is very true. However, that does not mean that everybody does so successfully. And while it is possible to be successful without a financial background, it is also true that the more you know and understand financial markets and trends, the more successful you can, and will be in binary options trading.
So, how can you gain that knowledge and understanding? Many of the better online brokers – including most of those that we have listed on this site – offer free online education for their traders. These include libraries filled with training videos, webinars, 1-on-1 training sessions and ebooks. The training tools are geared both towards beginners, to help them understand the basics of binary options, as well as to experienced traders looking to develop new and more advanced trading strategies.
Taking advantage of these educational tools is absolutely essential to successful (and profitable) trading binary options. To consistently predict how an asset price or market will move is not just a guessing game to be left up to chance. It involves recognizing trends, understanding the effects of geopolitical realities on financial markets, and even how forces of nature, such as the weather plays a role as well.
The old saying that knowledge is power is certainly true when trading binary options. More than power, knowledge is also profits.
Precautions to take when trading binary options
Let's be very clear about one thing: there is not "magic formula" that guarantees complete success in binary options trading. The most successful traders are those whose trades are in-the-money approximately 75-80% of the time. That means that between 20-25% of their trades do not earn money.
It is very important to find the right risk management and money management techniques, so that the unsuccessful trades that you have will not overshadow the successful ones. This includes knowing how much is "too much" to invest on a position (or several positions at once), when to stop investing for the day, and how to hedge your investments in order to minimize your risks and losses.
You can learn many of these strategies and techniques from the educational tools that most of the better brokers offer, but some of it is also common sense and recognizing your own limitations. If you are having a particularly bad day - or even hour - rather than pushing yourself to regain your losses right away, know when to step back. There will be more than enough opportunities for better trading days, and if you pace yourself properly you can ensure more days in which you earn money than not.
Trading binary options can be the best decision you ever make. Traders who approach it carefully and intelligently, often earn profits weekly. Find the broker whose platform best suits your needs, and make full use of the tools that the broker offers, and you can quickly begin working your way towards financial independence, and have more than enough time left over to enjoy your family, your friends and your financial freedom.
The services offered on this website are available to users from the United States, the United Kingdom, Ireland, Australia, Canada, New Zealand, Singapore, South-Africa, and all other territories where English is the primary language.
The countries listed above each have a regulatory body that can provide you with the latest information regarding binary options trading:
- United States U.S. Securities & Exchange Commission
- Ireland Central Bank of Ireland
- South Africa South African Reserve Bank
- Canada Canada Deposit Insurance Corporation
- Australia Prudential Regulation Authority (AU)
- Singapore Monetary Authority of Singapore
- United Kingdom Prudential Regulation Authority (UK)
- New Zealand Financial Markets Authority