Binary options are the new age trading. It sounds pretty simple: you invest your money, choose one platform, choose a broker. Choose a strategy you’ll go for. Then you learn how to do it by simply watching tutorials or reading very well explained instructions. Easy, right? Well, not exactly. Binary options trading might be easy if you’re just going to test it for free, but investing real money requires a bit more serious approach. That’s the reason why in this article we’re going to discuss about the options you have to improve your binary options trading. What you need is binary options review. Let’s find out all about it.
When we talk about your money, we’re sure that the one word you would like to hear a lot is: safe, right? Many people are interested in trading but they’ve bumped into some stories about binary options being a scam. There’s a reason for it. Many people look at the binary options in the same way as sports betting, as they have some things in common. Sport betting is all about predicting whether your favorite baseball team will score or not. Same here, the quality you need to have to get your invested money back is predicting. Of course, the binary options are all about gold, currencies and serious stuff like that. That’s why this is considered a much more serious “game” that requires a much more knowledge about all the rules and features.
As the binary options market is getting bigger every day, competition is on. Platforms are being improved every day, but some of them may also use some scams to get you in the business. The problem about binary options is that it’s not being regulated in a way you can be completely safe and completely sure you’re going to get your money back. People knowing this fact that it isn’t regulated, they’re sometimes using it to deceive you and make you see only the things they want you to see.
Two of the most widely spread promises that you can’t be sure are real are: pro brokers and insanely big returns. You know what they say: “If it’s too good to be true…” You need to be able to recognize whether binary options Web site is just trying to get your attention. There are many marketing tricks to get you committed to a specific product, and that’s exactly why you should play it safe. The smartest thing you can do to protect yourself is to read the reviews.
The favorite reviews for the pro binary options users are the ones that compare different platforms and binary options brokers. Can you imagine a better way of learning about all the choices you have? Before you start investing in assets, you need to make sure you’ll be able to understand every single rule about trading tools, payment and withdrawal, deposits, etc. Success is all about getting all the information possible. Read More »
Let’s start with an example of how even looks example of trading binary options:
“Will the S & P 500 in 1345 to be on Friday at 13 a.m.?”
In case that the trader exactly assumed movement of the index and its change, the gain would be 85% of the investment. If the index did not reach the presumed level, the payout will be $ 0th Sounds simple, but the profit is far more than ‘guessing’ and ‘assumptions’, regardless of the type of financial markets is done. The myth about trading the financial markets is not so much for any reason, because good familiarity always exceeds luck when it comes to making profit.
Traders should start to his career in binary options by creating an account with a broker of quality recommended by the FBO. One of the characteristics of that beginners will benefit most is the demo account. The demo account allows you to trade in real time, but with virtual / fake money. Like everything else in life, binary options require some experience and are definitely not as simple as they appear at first glance.
It is unrealistic to expect a profit from day one, and the quality brokers will tell that you will never get rich overnight. Traders must gain experience and stumble a few times to finally learn something and become successful. Many people will view with contempt and derision to say that this is a just another Internet fraud, but not so. All traders must learn sophisticated trading methods and strategies and monitor the news to learn how to work the system that makes money more often than it takes. Some of the brokers that we recommend are:
1) Banc De Binary
3) Cherry Trade
Trader takes time to gain confidence for increased investment and trading more expensive options when they realize that this is a good opportunity. The ideal would be to choose a few securities and closely monitor them in order to make use of different strategies in different markets in the event of one security proves unprofitable or too risky at any time. Traders can select a favorite pair of currencies; stocks have a good understanding and a market that is interesting before heading to trafficking. If you become more experienced and familiar with a particular market, automatically have an advantage when trading and their chances for successful investment growth.
At the very first it is very difficult, but every beginning is hard. It is normal. You have to be aware that you are not going to get rich in a day. We are talking here about months and months of hard work. It will be needed to learn every day, to read articles about binary options and by some time you will manage to improve your own system and eventually you will start to earn a lot of money.
Whether you are going to learn about binary options on the internet or you are going to use some books you are going to need some time so you can become an expert. Read More »
When you decide to trade binary options, a certain amount of work is ahead of you even before you start trading. Even though the concept is really easy to understand, there are certain steps of preparation you need to take in order to trade successfully, without unnecessary losses of money and time. Once you have learned the basic terms and concepts you can encounter during the trading process, it is important to find a good broker, which means that it should be reliable, with favorable paying conditions, high payout rates and a platform that will suit you.
When choosing a trading platform, there are several criteria to help you determine whether the platform will suit your needs. First of all, try limiting your search o the brokers that offer a demo trading platform in addition to the real one. It is important to try out the platform before you start trading with real money, so you can see whether everything on the platform suits you and whether you are ready to follow what is happening. Most brokers offer a demo account after you sign up and place the first deposit, so it should not be a problem.
Then, pay attention on the platform provider. Most brokers use ready-made platforms by various providers, such as SpotOption, whose platform is used by brokers such as Banc de Binary.com, SmartOption, 10Trade etc. This is the reason why some brokers have platforms that look exactly the same, but keep in mind that it is not a bad thing. On the other hand, some brokers use custom-made platforms for their website, which can sometimes be a very good solution as well, such as the platform of Stockpair.
It is important that the platform provides a high variety in different aspects. It should allow you to choose between different assets, time frames, types of binary options and types of charts. In addition, it is important that it is easy to choose and switch between these options, because otherwise you would lose time, and time is crucial in this type of trading.
A trading platform should be easy to view and navigate, for the reason mentioned above- if you cannot find your way through the platform, it will cost you time and it can consequently make you lose the money as well. In addition to the ease of navigation, the design is not less important. If the platform is poorly designed, it makes it difficult to navigate through its options, or if the combinations of colors are unfavorable, it can be harmful for your eyesight. What is more, poor platform design can also mean that the platform was not made by a reliable provider and that it is slow and unreliable s well.
Even though these criteria may seem confusing and difficult, they are not. Search for the reliable platform providers, and when you see their platforms with certain brokers, it can be a good start. Then work your way through determining whether the navigation and the design suit you, try the platform out in demo version, and it should provide you with a good insight whether you should go on using it or not. Read More »