Best Choice For Beginners!
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Binary Options Trading Guide
On this page, we will go through the basics of binary options trading. When trading with a binary option robot, you do not necessarily need to know anything about binary options investing, but it is useful to be aware of the mechanism by which option robot operates. Plus, if you are interested in binary options trading so much that you do not want to use the robot, you can do everything yourself. In addition, remember that the robot does not work with the best binary options brokers, so if you want to take advantage of every good money making opportunity, it is also good to know at least a little bit about binary options and option signals.
How Binary Option Robot Can Change Your Life? Check This Out!
TABLE OF CONTENT
How to Make Money with Binary Option Robot
Top Binary Option Robots in Russia
Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)
What Are Binary Options?
Binary options are definitely one of the most fascinating new investment instruments. Their history goes back as close as the year 2007 , when they first got a lot of advertising with Option Clearing Corporation proposing to authorize binary options , and in the following year, with the Securities and Exchange Commission approving the listing of cash-or-nothing binary options.
The investor has two possible options: “Call” when the value of the property is expected to rise , and “Put” when the value of the property is expected to decrease. In order to prevent price manipulation ( for example: an investor makes the first binary option trade “Call” with a very large sum of money, and after that, buys a very large amount of stocks of that company, inflating the stock price in order to force a binary option investment to be successful), many brokers use a volume-weighted average of trades at the expiration time. In most cases, price manipulation would not be even possible, because the investment objects are major companies , such as Google and Alibaba Group , whose share prices are almost impossible to be affected by an individual investor .
At some point in our lives, we’ve all been affected by some type of a global financial crisis. The end result is normally devaluation of assets, recession, unemployment which negatively impact global trade and investments.
Banc De Binary observed the aftermath of a financial crisis and decided to make an investment from it. After the 2008 financial meltdown, Banc De Binary founders anticipated for a demand in simpler ways to trade in the financial markets. As a result, they designed a simpler instrument of trading that was both accessible to experienced and disheartened investors. And that is how binary trading began. Today, they are quite a number of binary option platforms that offer on-line trading. What’s more is that you can use a binary robot trading software which will do all the trading for you.Best Binary Options Brokers 2020:
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!
Binary options trading is a fun and exciting way to invest.
Binary Options Defined
So, what is a binary option? A binary option is an investment tool that makes profit from price movement in stocks, currency pairs, among other commodities. This trading investment is so simple in that it gives traders only two possible options: yes or no. It is the dual choice that resulted to the name ‘binary’ or the commonly used term ‘Call’ or ‘Put’.
Now that we have already established that profits in binary trading are derived from price movements, it is important to understand the trends that result to these movements. Trading can be easy but identifying the patterns that lead to a successful trade can prove to be a daunting task.
The global market is never constant, it keeps changing. If you want to make the most out of your trading, you probably should identify strategies that will make use of these changes. Read through to discover some of the strategies that you need to look out for.
1. Look Out for Breakout
A breakout normally occurs when prices trade within a close-fitting range. The main idea behind breakouts is to identify a price range in which the present price will ‘break through’ as it moves towards a trading range. This means that you need to identify a potential break out level and further anticipate for it to prevail in the market. The stronger your breakout level, the more likely you will experience a strong move.
When looking out for a breakout level, you also need to identify a market’s momentum. This means that you need execute your trades in times of low liquidity. This is usually towards the end of the market when the volume is stronger.
Key considerations for a breakout trading strategy
- It is important to adhere to correct timing in order to avoid whipsaws and pullbacks that normally arise from a break.
- Identify the right market for trading. Use currency pairs because they tend to have more breakout opportunities as compared to other binary assets. What’s more is that currency pairs carry the levels volatility required in breakout trading. Breakout requires an asset that shows a considerable amount of movement during a set period of time. As a result currency pairs works best.
- Avoid early anticipation of a break: wait until your breakout level confirms.
- Remember that defining your breakout level will highly depend on the type of asset you’re trading and the time period that has been set.
Beware of fake outs: this is simply a break out that is not real. There are times when the market tends to test a resistance or support line. In such an instance, the price can briefly shoot above or below and right after go down again to generate a spike. Avoiding a fake out largely depends on experience and an authentic trading system. It is important to note that choppy markets are characterized by fake outs. Smoother markets on the other hand are less likely to generate them.
Basic situations in a binary options trade. Tom and Jim are basically “betting “against each other.
2. Watch Out for Retracements
A retracement is defined as a price reversal that usually takes place within a larger trend. A trend is generally seen as the direction of a market or the direction of a price asset. The key point here is that these price reversals are temporary. They do not imply to a change is a larger trend like breakouts.
If you open an asset chart, you are likely to see a retracement. Even in a strongly trending market, you will notice little peaks or dips which counter the general movement before resuming its course.
How can I use a retrace to my advantage? When you have spotted a trend, it is important to wait for the first retracement to complete before entering a trade. A completed retracement tests resistance or support which further acts as a confirmation of a certain price direction.
Let us say you are interested in buying gold probably because you believe that its price is going to skyrocket. Your immediate reaction is to place a ‘buy’ on the binary option for gold. However, when price retraces you will find yourself loosing. There is also the possibility that you’re misinformed about the trend; the signal you are observing might be a fake out and not a break out.
On the other side, you can wait for the initial retracement to happen and right after enter your gold trade. This way, you stand a better chance of making the right move since the counter movement will have been tested by the market with support being held firm. It is good to understand that you will still be faced with retracements ahead. Even the strongest of trends is usually faced with minor retraces.
3. Identify Support and Resistance Levels
Identifying support and resistance levels is one of the most reliable strategies in binary trading. A support level is defined as that level that keeps the market from attaining lower levels after it has been rejected at least twice. Resistance level on the other hand is defined as that level that prevents the market from attaining high levels after being rejected at least twice.
There are normally three things that happen after a market has hit a resistance or support level:
Knowing what the market is likely to adapt to after attaining these levels makes it easier for one to design a trade strategy based on that information.
You can only identify support and resistance levels through plotting. This allows you to see where the price is hesitating upon current levels. It also allows you to see other future areas where price might likely hesitate at. These levels are commonly termed as “pivot levels”. Pivot points can also help one to figure out the most viable expiry time for a specific trade.
How can one trade by using support and resistance levels?
For an upward trend, the price has to go above the resistance level. If it does not go higher than the resistance level, it will either maintain its position above support level, form a range or take a downward trend. You can go a long way when prices go beyond resistance level. This is because it forms another peak which is usually higher than the previous level.
For a downward trend, the price has break right below the support level. If this does not happen it will maintain its position above the support level, form a range or adopt an uptrend. With a support level you can go short when prices break below this point. When a price breaks below this point, it goes lower to form another support level which is lower than the previous one.
Points to note:
- The more a price is tested at a certain support or resistance level without attaining a breakout, the stronger that resistance or support level is.
- When support levels are broken they become resistance levels and when resistance levels are broken they become support levels.
4. Recognize Market Conditions
One strategy that will take you far while doing binary trading is recognizing and interpreting different market situations. The binary market can be highly compared to the weather, it comes in different patterns. One time it will be smooth sailing, the other time it will be choppy and unpredictable. Listed below are the various examples of a market condition.
- a) Ranging Markets
This is a type of market that keeps moving back and forth between higher highs and higher lows making it difficult to attain a breakout. It can be tough to profit from a ranging market but there are different types of trading that could feasibly help you become profitable. These include:
Boundary or trade ranges: they are designed to help one profit when price is trading within a particular range or channel. When you are range trading, what you’re basically implying is: price won’t go beyond the defined range boundaries. If indeed price does not go beyond the set boundary then you make a profit.
No touch trade: this type of trading implies that price will not touch a specific set value at a given time period. If price touches the set value, too bad because you lose. You win the trade when price does not touch the given value. Payout usually depends on how close the set value is to the current market value for a specific asset.
- b) Trending Markets
This is a type of market that is characterized by prices moving towards an obvious direction through a systematic and well-defined fashion.
The dominant movement in a trending market is upwards and downwards. Profits can be made by spotting trends as they develop.
- c) Chopping Markets
Many people confuse chopping markets with ranging markets. They have some similarities but unlike a well behaved boundary market, choppy markets feature whipsaws, spikes and other various forms of misdirection that can easily trap an unwitting trader.
The easiest way to identify a choppy market is through trading bars. A choppy chart is characterized by lots of bars that are coupled with relatively short bodies and long wicks. When you identify long wicks it means that the market has been testing high and low prices but is still facing too much resistance or support to move anywhere.
Is it possible to profit from a choppy market? In rare cases it is but most people don’t trade on it. The wisest choice is normally to wait until things smoothen again.
5. Use Trend Signals
How can one spot a potential breakout? Through using methods that easily identify breakout signals. Basically, a trading method identifies when to enter trade based on fundamental indicators, events and price changes. A trading method can also help identify the best trade. Listed below are some of the prominent trade methods that can be used to identify trend signals.
- Technical analysis: this is a trading method that revolves around technical analysis. You are simply required to plot indicators on an identified chart. This will help to spot breakouts.
- Fundamental analysis: it involves looking at important events, new releases which can drive price movement towards a particular direction.
- Price action: this is simply the process of identifying certain formations in bars or candlesticks that signal the ability of price to break out from its range.
Tips and Tricks that will get you Ahead in Binary Trading
Apart from binary strategies, there are a few tricks and tips you can add up to your sleeves to make sure you always make the right trading choice.
Find a working strategy
There are numerous strategies out there. Finding one that personally suits you can prove to be a daunting task. It will involve the process of testing numerous systems and strategies. When you identify one that works, stick to it as you continue learning all the ins and outs of it.
Stick to longer expiry dates
It is normal to want everything to happen “now”. Have you ever heard of the saying that ‘good things happen to those that wait.” This is more true when it comes to binary trading. Markets have a lot of noise and it can be easy to get tempted to trade on smaller time frames.
This can work but in most times, the trade usually goes right for a while then it takes a turn towards a downward trend..This happens all the time and it can be very frustrating.
Trading with longer expiry dates cancel out the option of listening to market noise. However, this is not to say that you should never use short expiry dates. With experience and the right strategy, a short expiry time can have its moments.
Put your Emotions in Check
Statics indicate that the biggest reason why most traders fail is because they never take charge of their emotions. Trading psychology is a difficult aspect to overcome and it might take years before you can fully function out of emotions.One tip that will help you is to always
go with what you know rather than that gut feeling.This means submerging yourself more in the learning process in order to make decisions on facts rather than intuition.
Identify the right broker
Identifying the right broker is essential in making a successful trade. There are numerous traders in the market and it is up to you to identify a legitimate, reputable, trustworthy and professional broker.
Some of the things you need to look out for when identifying a broker include: withdrawal times, customer support, tradable assets, payout percentages, regulation among others. At the end of the day, a broker should fit within your needs and preference.
Practice makes perfect
If you want to become a master in binary trading, it boils down to three things; practice, practice and more practice. You don’t have to use real money when practicing. With demo accounts you can trade without spending a dime. Try back testing by using various historical charts while identifying different assets and at the same time looking for trading opportunities. Try and find out what will happen if you followed particular entry rules within different market situations.
In order to achieve success, it is recommended that you present yourself at a trading market for at least one hour a day. During that time you can make up to three or more trades. In the first few months it is important to dedicate yourself to learning.
Don’t fall in love with just one asset or strategy
The market is never constant, it keeps changing. So is the assets behavior. Committing yourself to just one strategy or asset is setting yourself up for a pitfall. For you to succeed, you have to be dynamic and rational. When a market change occurs be ready to adjust it to your trading performance. Make sure you do your homework right by looking out for all the adjustments needed for your daily trading routine.
Binary options trading is sometimes extremely fast paced.
The Future of Binary Options Trading
It has been seven years since the platform for retail binary option trading first rolled out. What does the future hold? Knowing what the future holds will help you get ahead of time and in return experience greater success.
According to experts, the future appears to be bright and fully loaded with opportunities for growth. Some of these opportunities include:
New Asset Types
Technology and innovation is continually resulting to the existence of new trading assets. The number of assets that can be traded is expanding. There are brokers who have started to offer crypto-currency Bitcoin as an item for trading.
Today, traders are demanding more asset ratios from their brokers such as gold verses silver or oil verses gold. One thing that many brokers will never tell you is that you can succeed by scrambling for these new asset ratios. Make sure you watch out for them.
Experts are also foreseeing the probability of new binary option contracts which are based on economic data releases. For example it may soon be possible to bet on high impact news release. These include building permits, consumer sentiment surveys, among many others. These releases can cause specific assets to hit or not hit specific price targets.
New Trading Types
The advent of new trading types is one thing that savvy traders should look forward to. Japan has taken the front line and has already set the ball rolling by launching a new trade platform that features exciting trade types that conform to regulatory conditions set by FFAJ. An example is the introduction of 0-100 binaries
Use of software and technology
Existence of new software has made trading to be easier than it used to be. The market is already faced with trading robots which have an automated software attached to browsers, This allows them to communicate with trading platforms and in return execute trade for traders operating on an automated basis.
Binary trading is still a fairly new investment tool and many may shy away from it. The truth is that binary option trading is an investment just like any other. It possess its unique advantages and disadvantages. However unlike many other investment vehicles, binary options:
- Have fast returns: for many investments you have to wait for at least six months before you start experiencing high levels of profits. With binary options it is possible to see returns right after 60 seconds. Most have an expiry date of one day or shorter.
- It’s the easiest form of investment: all you need to do is learn a few tricks and you are good to go. What’s more is that you will be trading only on a dual basis. It doesn’t get any easier than that.
- Have high returns: it is possible to experience a return of 70% and above.
With that said, it is time to learn how binary trading actually works. If you play close attention to the strategies mentioned above, you may be surprised with the amount of money you will be able to earn. What’s more is that we’ve provided you with some tricks and tips that will help you get ahead.
If you want to know the main differences between binary options and forex trading, I recommend you to read the following article:
- Binary Options vs. Forex (Differences explained . You will also learn which one fits you better and why . )
How to trade with binary options? A simple four-step guide.
Step 1: Choose the trading asset. First, you have to choose your preferred trading asset. You have hundreds of different options at your disposal, such as stocks, currencies, commodities and indices .
Step 2: Choose the direction. Next, you need to select a direction. If you believe that the price will increase, select “call,” but if you believe it will decrease, select “put.”
Step 3: Choose the desired investment amount. You need to choose the amount you wish to invest. This can be anything from a few dollars to tens of thousands of dollars.
Step 4: Choose the expiration time. Select the time when you want your investment to expire. This can be anything between 30 seconds and several months.
After this, you just need to wait and see if your investment went right.
Example of a binary options trade
The starting price of gold is $1,167 at 12:30 p.m., with an expiration time of 60 minutes.
If a trader thinks that the price of gold will close at or above $1,167 at 1:30 p.m. , he/she can buy a “call” option contract on that outcome. If a trader thinks that the gold price will close at or below $1,167 at 1:30 p.m. , he can buy a “put” option contract. If the value is more than $1,167 at the expiration time, the “call” investment will win , but if the value is less than $1,167, the “put” investment will win .
How do I earn money using Binary Options?
Earning with binary options is easier than you may initially believe. You just need to know if the value of the trading asset is more likely to move up or down. Remember that not every trade needs to go right; it is sufficient that you make a profit in the long term. Please check out the following simple example of how to make money with Binary Options.
Step 1: Choose the right trading asset
This is the main point of Binary Options trading. You should start thinking about what trading asset could be the most suitable for you. Do you have first-hand knowledge of some asset? Do you have a strong view on what direction the value of a particular trading asset will change? Do you have friends or relatives who have strong knowledge of some trading asset? If so, can you use it in your investment?
If you answered yes to any of the above questions, you know where you should start. However, if your answer to all questions is no, then you have in front of you a little bit bigger task, but the reward is also in the best case really good.
How do I find the right trading asset without prior investment knowledge?
One of the most important factors is to follow the financial news . Is there something happening in the world now which you could benefit from in your binary options investments? You can also explore what trading assets brokers are offering and which would be fastest for you to learn. Alternatively, are there any trading assets that you are particularly interested to learn better?
One of the advantages of binary options is that you can make big profits from the mere fluctuations in the value of assets. For example, if the value of gold rises and falls back and forth from one day to the other , but it remains within a few percent of the same range in what it was a year ago, you will still have the opportunity to earn large sums of money, if you have correctly anticipated the direction of the change. On the other hand, if you had invested directly in gold , the value would be close to the same one that existed a year ago .
Step 2: Choose the right trading strategy
Binary Options Strategy Articles:
As a binary option investor, you have a number of different strategies and options at your disposal . I recommend trying several different strategies and use the most profitable . Once you have learned how to productively use one of the strategies, you can gradually increase other ones into your repertoire. This way , you will always have several different options for obtaining as high yields as possible. Next, we will discuss the ten most popular and profitable strategies.
Strategy number one: Binary option pairs
In binary option pairs trading , you have two different trading assets and you need to know if either value will increase compared to the other within a desired period . This is a particularly good strategy in situations in which you think that a specific event will raise the value of another trading asset and decline the value of another . Even if your guess would go a little bit wrong, and the value of both declines, you can still win if that which you originally though would decline actually declines even more .
Gold vs. Silver is one of the most popular trading pairs
Strategy number two: Long-term binary options
Long-term binary options are similar to stock investing. The expiration time may vary from a few hours to several days and even months. This is my personal favorite strategy. It is ideal for individuals who invest larger amounts of money and want to carefully analyze the trading assets before investing.
Strategy number three: Sixty-second binary options
Sixty-second binary options are the precise opposite of the long-term binary options. They are a short-term form of investment in which the risks are considerable , but if you learn how to make profit with them, only the sky is the limit for how much money you can earn with them. Sixty-second options are suitable for investors who are able to accept the fact that if they want to win a lot of money , they have to be willing to lose a lot from time to time.
Strategy number four: One touch binary options
When you are trading with one touch binary options, you make profit when the rate goes above or below the set target price. On the plus side is the fact that once you hit the target price, your investment cannot go wrong , even if the value of the asset changes in the other direction strongly thereafter.
Strategy number five: Binary options ladder trading
Ladder trading means what the name suggests: you have many different levels, each of which are paid a certain percentage of yield. This form of investment is suitable for those cases in which the investor believes he knows which direction the trading assets value will follow , but it is not sure at all of how much value eventually will change and in what time frame.
Ladder trading is an excellent strategy for skilled investors. You can get very high returns in a short time.
Strategy number six: Pinocchio strategy
This is one of the clearest and simplest strategies. When the value of the trading asset rises, it is expected to fall next , and when value of asset falls , it is expected to rise. The investor always invests in the opposite direction of the market trend. It operates under the assumption that markets often overreact to certain news, and because of this, value changes momentarily more than it should change, correcting itself, sooner or later.
Candelstick charts are an excellent tool for for those that uses pinocchio strategy
Strategy number seven: Support and resistance lines strategy
Support line is the point of which value does not change lower and the resistance line is the point of what higher value does not rise. These often apply particularly in certain commodities, such as the value of coffee or sugar. When values are sawing a certain range within the framework, it is easy for the investor to benefit, when he discovers that the value is approaching one of the two levels and will most likely will go in the other direction very soon.
Strategy number eight: Trend strategy
Trend strategy is also a very simple strategy, and something that both novices and experienced traders often use, considering it is really good and functional. In trend strategy , you invest in the market trend ; if it is rising, you place a “call” investment, but if it is descending , you place a “put” investment . You can use support and resistance lines for help to assess when the trend direction changes.
Strategy number nine: Martingale & anti-martingale strategy
Martingale is a strategy especially and frequently used in gambling . In martingale , you always double the bet when the investment goes wrong. This way , you make profit even if you just get one of those investments to go right. Martingale is really a high-risk strategy ; you rarely lose when you use it, but when you lose, the amounts tend to be big . The reversed version of this strategy is anti-martingale. Through it, the stakes are only doubled when the investment is correct ; wins are rare, but the sums tend to be big . Please read more about the Martingale strategy on the following article:
- Binary Options Martingale Strategy (Can you earn tens of thousands of dollars using it? All the secrets of this strategy are now being revealed for the first time.)
Strategy number ten: Fundamental analysis
Fundamental analysis is often used in stock trading ; it focuses on the determination of the real value of the investment object , based on various economic indicators , such as : the overall economic picture, the profitability of the industry , and future growth prospects. Making fundamental analysis requires a lot of time and effort, but the end results obtained can be generally utilized in various ways.
You can also mix the strategies as desired . For best results, I recommend you to first study a single strategy properly.
Step 3: Choose the right broker
Choosing the right broker is extremely important, as there are some dishonest operators on the market who are trying to ruin the reputation of honest ones by acting unethically. We only mention the most honest and reliable binary option brokers on our recommendations . If you only invest on our recommended brokers and open accounts through our links , you can have peace of mind and more time to focus on the most important thing : making money by investing. Our number one recommendation is IQ Option , as they have the smallest minimum deposit ($10), the best trading platform and the best bonuses.
List of the 11 Best Binary Options Brokers – Review 2020
The choice of a good Broker is undeniably one of the hardest steps to successfully trade as a beginner. My Binary Options Broker list and comparison can be very helpful here because the selection of brokers on the internet is quite large and therefore the chance to find a good broker. Find your suitable broker in a few moments in this honest review.
Broker: Review: Regulation: Min. Deposit: Yield: Advantages: Open Account: 1. IQ Option (5 / 5)
CySEC (EU) 10$ up to 100%+
Highest Yield 100%+
2. Olymp Trade (4.8 / 5)
IFC 10$ 92%+
Huge range of assets
High Yield 92%
3. Expert Option (4.8 / 5)
VFSC, FMRRC 50$ 90%+
4. Binary.com (4.8 / 5)
MGA, FSC, VFSC 5$ up to 100%+
5. Binomo (4.7 / 5)
IFC 10$ 87%+
High Yield 87%
6. Finmax (4.6 / 5)
FMRRC 250$ 70 – 90%
7. BinaryCent (4.3 / 5)
✘ 250$ 80 – 95%+
High Yield 95%
Trade with cents
8. Binarium (4.1 / 5)
✘ 10$ 70 – 85%+
Huge range of assets
9. Pocket Option (4 / 5)
FMRRC 50$ 80 – 90%+
10. RaceOption (4 / 5)
✘ 250$ 70 – 90%
11. Ayrex (4 / 5)
✘ 5$ 70 – 85%
Binary Options is a financial instrument to trade worldwide assets with the possibility of a high return on investment. It is like betting on rising or falling markets. There are only 2 options, that is why it is called “binary”. You can win a high return of 75 – 95% in a selected time horizon or you lose the amount of your investment. It is so popular because it is a way to trade the markets very fast (5 minutes or less) and easy. I have to mention here you can trade it longterm too.
For more information about the financial product and how it works read the article: “How are Binary Options are working?”
The criteria of the Binary Option Broker Review 2020
If you looking for a good broker, you should following the next steps when you check the company. Sometimes traders get scammed by a bad and criminal broker. With this review and comparison, we try to prevent it. Furthermore, Binary Options are very risky. You only should invest money, which you can afford to lose. You can check the following criteria for finding the best company.
Criteria for a good and reliable Binary Options Broker:
- The official physical address of the broker
- Regulation or license
- Free Demo Account
- Experience in the markets
- Good support and service
- High asset profit and fast execution
- User-friendly trading platform
- A platform for mobile trading
Reliability of a broker and safety for traders
It is important to look at how long the broker has been on the market. I easy checked it on the homepage from the financial companies. A good broker provides you with all the information which you want to know. Some companies got an international regulation or license. Also, this is good for reliability. In addition to that, I checked the address of the brokers in this review. As a trader, you want to see clearly an official address of the company. At latest a trader should trust a broker. If you are not sure, just invest a less amount of money first and check the platform by yourself.
Official regulation and license are very important
High payout and asset return of investment for Binary Options
One of the most important point to consider is the asset profit. The average of the payout in this review is 75-95% for each Binary Options trade. There are differences between the brokers. Every trader wants to make a high profit in trading. If one broker got less asset profit like – 5%, this can be a huge restriction to you possible profits.
Moreover, every time the payout depends on the traded asset. Normally the broker provides the highest payout on the most traded asset. In addition, the payout can dependent on the expiration time too.
Which broker provides the highest profit?
Free and unlimited Demo Accounts are necessary for every trader
The broker should provide you with a free demo account. This is an account with virtual money. It is made to practice the financial product and to test the trading platform. You can trade Binary Options without any risk with this virtual money. It is completely free to use. Also, traders can develop new strategies or improve their trading skills. Advanced traders or beginners try to trade new assets for the best success with this account.
Open your free demo account now.
On the other hand, sometimes the broker gives its traders trading tips for analysis or strategies. The demo account is perfect for practicing that new knowledge. Trading is very complex and often it is not easy to find the right way. This is the main reason for using a demo account. Most traders gain experience first before they invest real money. With own experience, it is possible to get a high profit with trading in the right direction.
How to open your real account
The opening of a real account should be as easy as the opening of a demo account. In most cases, it is very easy and fast. The broker requires some additional documents and data of the trader to proof their personality. Upload a picture/copy of your passport. Sometimes they require a utility bill. The broker will check the documents and verify your account in less than 24 hours. Important information: The broker only withdraws full verified accounts. (Not every broker requires this documents)
What do you need:
- Data: Full name, address, birthday, phone number
- Picture/copy of your passport
- Sometimes picture/copy of a utility bill
Review of the Binary Options Brokers support and Service for traders
As a trader, you need good support and service. Most brokers are showing experience and knowledge in Binary Options. The Binary Options Brokers in this review give you the best and fastest support. According to that, they give traders sometimes a good education with webinars, videos or strategies. For beginners, it is important to learn theoretically about Binary Options. It is a risky financial product.
You can learn the basics and advanced trading knowledge in webinars with experts. The most brokers first show you the basics like functions of candlesticks and the use of technical indicators. Usually, a trading platform offers more than 30 different indicators. Sometimes it is hard to find a good working strategy with them. In addition, they give you some advanced knowledge and information to rule the markets. Most brokers offer you a better education if your deposit is higher (see account types).
Another option of service is account types. For big traders with high deposits and high trading volume, some brokers offer different account types. As a trader, you can get great advantages. They offer you higher yields, better support, bonus or a cashback program. This is a way to get more profit in trading. For example, the broker offers you a higher asset profit of 5%. That can be very helpful.
The companies in this review offer you:
- Chat support
- Telephone support
- Email support
- Education centers
- Webinars, videos, strategies
- Account types
- Account managers
Diversity of assets and test of the Binary Options trading platform
I tested the trading platforms of the Binary Options Broker Review. In conclusion, they are very good and innovative. They give you a very good reaction rate which is important for short-term trading. You can use them for your computer or as an app for your mobile phone. In addition to that, they are very flexible and customizable. Use different indicators for the best strategies. As you see in the picture below I am using Bollinger Bands and the RSI. They are very popular.
First of all the trading dashboard is the most important point of the trading platform. You should be able to switch very fast between different expiry times and create new trades. Some strategies are designed to have multiple trades open at the same time. The brokers in my review provide you the fastest execution time. Secondly social trading very popular. In some trading platforms, you can copy the best traders of the broker and make an automatic profit. They show you transparently what they are trading and you can start copying them.
Another important point is the flexibility of the platform. An app should be available for mobile trading. On most platforms, you can customize the chart very easy. Thanks to the digitization, platforms are getting better and the brokers always try to improve them. Use free indicators and technical tools for your analysis. Moreover, you can use the newsfeed to trade exactly high volatility. Market news occurs every day – Why not use them to make money?
Facts of the Broker Review:
- Fast execution for your trades
- Use indicators and more
- Apps for mobile phone
- More than 50 different assets
On the most trading platforms, you can trade Binary Options with forex, stocks, cryptos, and commodities. There is a big diversity of assets for you. The yields depend on the category of the asset. More often than not the most traded asset gives you the highest yield. You can easily see that on the platform.
Weekend Trading (OTC) and Cryptocurrencies (Bitcoin and more)
Each broker in this list provides the service to trade on the weekend. The platforms are open 24/7. Weekend trading is allowed and advocated. On the weekend you can trade Cryptocurrencies like Bitcoin, Ethereum, Ripple and Forex OTC charts. Cryptocurrencies are traded decentralized and the stock market is open 24/7 for them.
Especially attention should be paid to the OTC Forex charts. Normally the stock exchanges are closed on the weekend but the international internal bank market is working. The volatility is much less than in the normal working days Monday – Friday.
The first steps for your Binary Options success:
- Learn the Binary Options basics. Information for trading Binary is available at the broker platform or the internet. For questions, there are certain forums available.
- Develop a successful strategy. Most brokers will help you to find a way to trade successfully.
- Use the Demo account. It is an account with virtual money. So you trade without risk the markets.
You should ask yourself these questions:
- What do I want to achieve with the trading of Binary Options?
- How much I want to invest?
- Where, on which market I want to trade?
- How do I react to losses?
- What are the chances of winning?
Deposit and withdrawal by a Binary Options Broker
Nowadays the deposit is easy like the withdrawal. Most brokers only need a small amount of money to open your real account and give you access to the market. Capitalize your account in few seconds with a credit card, bank wire, cryptocurrencies or other e-wallets. Today it is very simple. The withdrawal systems are working very good too. Sometimes it is fully automatic. Most companies payout in less than 24 hours. In addition in a lot of cases, there are not any fees for you. Another important fact is brokers only withdrawal verified accounts. So get your account full verified with the right documents as mentioned before.
Bonus Programs and conditions for traders
Bonuses are very popular in the section of Binary Options Brokers. Most companies offer a deposit or a no-deposit bonus. There are a huge diversity of promotions for traders. Mostly the bonus depends on the deposit amount or you can choose it manually. For example, some brokers offer a bonus of more than 200%.
It is a good way to top up your trading account balance and earn more money. You can trade with more risk and grow faster your account, but you should not forget the bonus conditions. Every time there are requirements for the bonus. For example, you do a deposit of 5000$ to your broker and trade with sensible money management of 1% of the account balance per trade. That means you invest 50$. Now you activate a bonus of 100% and additionally you get extra 5000$ and your account balance is 10.000$ now. At the moment you can trade with sensible money management with an amount of 100$ per trade. That sounds good and you grow your account faster as without bonus.
The deposit bonus is a good way to increase your account balance and to trader with more risk.
As mentioned before there are conditions of the bonus. Simply there is the requirement of turnover of the bonus amount. Sometimes you have to do a turnover of x20 and sometimes you have to do a turnover x50. It is important to read the bonus requirements. If you got any questions, you can ask the support. In most cases, you will see the requirements transparent on the platform.
- Deposit bonus: Get additional money to your account balance.
- No deposit bonus: You will get a small amount of money for free, but you have to do a huge turnover before you can payout the profit.
Welcome Bonus for beginners
The no deposit bonus is named welcome bonus. There are different ways to get a welcome bonus. One way is to win a free demo contest (read more below) without any risk. You compete to other traders on the platform. The rules are easy to understand: Just try to get the highest account balance versus your competitors. If you win, the broker pays a high prize. It is like a welcome bonus because you do not invest real money.
On the other hand, as mentioned before the no deposit bonus is like a welcome bonus. There are a few brokers who offer this bonus. Just create your real account and activate the welcome bonus. The company gifts you any amount of money to your account balance but you can not withdraw the money. You have to do a high turnover of the welcome bonus like 30x or 40x. Recommend broker for a welcome bonus is Pocket Option.
Binary Options Tournaments
In addition, most brokers offer tournaments or demo contests for beginners and advanced traders. You must pay a fee to participate in a contest with a huge prize fund. The rules are very simple: You get a separated demo account where you have to get the biggest balance as possible. You will compete against other traders of the broker. Sometimes there is a prize fund of 100.000$ or more. Furthermore, it is not easy to win the contest because there are a lot of competitors.
The demo contest is a tournament without participation fee. That meant that the prize fund is much smaller than the paid tournaments. But it is a good way to earn money with a small amount of money (participation fee). If you are a successful trader, you can easily win these contests.
Countries for traders
Binary Options are not allowed in every country of the world. In addition, some countries forbid trades to use foreign brokers. Most brokers accept international traders, but there are restrictions for forbidden countries. You can not generalize it because the broker decides which customer he accepts.
Nowadays Binary Options become more and more popular for traders. It is a simple and efficient financial product. It is possible to generate a high payout in a short time horizon. Asian and Africa are growing very fast and people like the function of trading. The brokers in this review try to improve their service in this region of the world because the demand is very high. They improve their customer support with different languages and other services.
The fastest growing countries:
Are Binary Options legal?
Sometimes there are some restrictions to this financial product that depends on a particular country. Personally, I only know one area where Binary Options are forbidden. It is the European Union but some offshore and international brokers accept EU traders. It is like gambling on rising or falling markets and easy to understand. The EU tries to protect its citizens because there are a lot of scam brokers. To prevent a scam, use the best brokers of this review.
Find the best Binary Options Broker 2020 – Conclusion of my review
On this site, I showed you the idea of finding a reliable Binary Options Broker. In the list, you see the best companies in 2020. For successful trading a good broker is necessary. The company should allow you your own strategy of trading and give you good support and service. On most platforms, you can learn via education videos how Binary Options are working.
Also important is the execution of your trades. It should be very fast and with no delay. Usually, every broker does that. Nowadays as a trader, you can start with a small amount of money to trade Binary Options (10$ or less). It is possible to turn it in a high amount with the right strategy. In conclusion on this site, you can find the best and proofed Binay Options Brokers 2020.
Read more about them in my reviews:
I recommend this article if you can not choose between the most known brokers: “IQ Option vs. Olymp Trade vs. Binomo”
Стратегии forex/cfd/бинарных опционов
Я хочу рассказать своим клиентам, что представляют собой лучшие стратегии бинарных опционов. Сразу хотела бы уточнить: сосредоточусь на стратегиях, эффективных для краткосрочного трейдинга (временной интервал — 5 минут).
Начинающим трейдерам сейчас не составляет труда отыскать стратегию бинарных опционов, с помощью которой можно успешно начать самостоятельно торговать. Однако есть полезные стратегии, а есть… скажем так, неоднозначные. Среди вторых я хотела бы отметить стратегию «60 секунд», которая сейчас очень популярна. Смею утверждать, что эта популярность незаслуженная. И постараюсь разъяснить почему.
Среди стратегий для бинарных опционов стоит выделить особую разновидность — скальпинговые. Эта стратегия была разработана в середине ХХ века биржевыми трейдерами, нашедшими новый надежный способ получения прибыли. Внутри торгового дня совершалось несколько операций, риск и прибыль от которых не отличались высокими значениями. Однако прибыль была стабильной, что делало торговлю всё более популярной. В несколько видоизмененном виде она дошла и до наших дней.
Чтобы добиться успеха в торговле бинарными опционами, необходимо точно определять, куда дальше пойдет цена актива и чем это может быть обусловлено. Конечно, все трейдеры стремятся разработать выигрышную для себя торговую стратегию. Начинающие специалисты стремятся применять готовые инструменты — поэтому я так подробно знакомлю посетителей своего сайта с лучшими стратегиями. Темой этого материала будет стратегия на уровнях Фибоначчи — стратегия, которая действительно работает и по силам любому трейдеру.
Начну с того, что стратегия – это не просто набор определенных правил, а конечная цель. Очень важно понять данный тезис до глубины души. Я торговала на самых разных рынках, общалась с сотнями трейдеров. У большинства тех, кто торгует на рынке в убыток, схожая проблема, они неверно ставят перед собой задачу.
Что же представляет собой стратегия, основанная на новостях? Для работы по этой стратегии нужно анализировать Экономический календарь, выбирать самые важные события, понимать, как они влияют на рынок — и открывать сделки в соответствии с этим влиянием. Звучит внушительно: должно быть, это сложно? Вовсе нет!
«Контракт на разницу цен» – вот как расшифровывается аббревиатура СFD. За этой формулировкой кроется вид торговли на фондовом рынке, который может оказаться очень прибыльным. Здесь рассказывается о брокерах, помогающих в такой торговле, объясняется специфика работы с СFD-контрактами.
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Некоторые трейдеры (естественно, это относится к новичкам), считают, что опытные специалисты работают, просто бездумно щелкая по кнопкам «CALL» и «PUT». В действительности уважающий себя специалист прекрасно знает, что собой представляют лучшие стратегии форекс/cfd, и умеет применять их в деле.
Торговля forex/cfd/бинарными опционами – это не действия по одному раз и навсегда выбранному шаблону. Чтобы всегда оставаться в плюсе, нужно иметь представление о разных методах, уметь читать сигналы торговли, не пугаться слов типа «Мартингейл» и «Боллинджер», выбирать те опционные стратегии, которые наиболее уместны в конкретной ситуации, которые в состоянии принести трейдеру максимальную прибыль.
Стратегий forex/cfd/бинарных опционов очень много: в каких-то по силам разобраться и неопытным трейдерам, какие-то требуют серьезной специализированной подготовки. Конечно, нас в первую очередь интересуют простые – и при всём при том эффективные – стратегии, которые можно освоить сравнительно быстро.
В этом разделе я привожу список самых популярных стратегий при работе с forex/cfd/бинарными опционами, которые, при правильном использовании, могут принести трейдеру серьёзную прибыль. Вы можете перейти на страницу, где описывается конкретный метод, и прочитать там ее краткую характеристику, а также посмотреть обучающее видео с моими комментариями.Best Binary Options Brokers 2020:
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus!
Perfect For Experienced Traders!