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BINARIUM
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Best Choice For Beginners!
Free Trading Education!
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How to trade Binary options
Let’s go straight to the point. How to define Binary options using your own words? It is a financial instrument that will have its own price (quote) in the certain time; the new price may be higher or lower that the current one.
For example, now we have price of EUR/USD on the level 1.1179 and in 10 minutes the price will be higher or lower than the stated price (pic 1). In case it goes to 1.1180 means the quote increased.
So this changing to the positive or negative side is the double (or binary) opportunity to earn money (up to 90%) or, unfortunately, to lose it. Meaning the trader has two possible scenarios and he has to make the correct prediction. In case 70% of forecasts are made correctly that means you can trade binary options quite profitably.
The main goal of the trader is to make the correct forecast about the further movement direction and open the appropriate trade by clicking the button and choosing the amount of the trade. If your prediction is correct you have the profit 80-90% in your pocket.
The example of trading platform for the binary options.
Main advantages of options trading
Why Binary options may be interesting both or the beginners and professionals?
In contrast to Forex, options trading is much more fast and dynamic, the trading strategies are quite simple there and you don’t have to make a detailed analysis before setting your trade.
How to choose the Options broker
In case you have decided to try options trading, you need to choose the partner of your trading. There are a lot of companies on the market that offer trading services and the beginner in this field may be lost.
The main features that should be counted:
- The minimum deposit. You can find different options starting from 10 USD or 250 USD. So it’s better to make a correct decision based on your potential.
- The minimum option size. Here you should understand that you can trade with 1 USD or 25 USD. Your choice should be based on your financial stability.
- The maximum profit. This criteria is more or less the same in most companies. We recommend to use those that offer 80-90% from one instrument.
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BINARIUM
Top Broker!
Best Choice For Beginners!
Free Trading Education!
Free Demo Account!
Big Sign-up Bonus! -
To make your choice easier we offer two kind of companies:
Olymp Trade is a new dawn on the market of binary options. This broker have created a company that meets the highest requirements of clients. In Olymp Trade all the stages of trading are as simple as possible, and the entry threshold is lowered to a record sum — 10 dollars.
The broker of binary options 24option established itself as a leading choice in the binary options market. The broker possesses all modern tools and favorable options for a successful trade. 24option is the regulable broker and meets all standards and requirements of CySec. The broker provides training seminars for beginners and qualified technical support.
As well you can check the rating of Binary options companies and be aware of the whole list of the companies.
There is the useful video below that will show you how to trade binary options and stress the aspects for better understanding of the process.
Other useful information for traders:
Can A Beginner Make Money With Binary Options?
But wait! First we have to see if binary option trading is legal in your country.
Binary Options Trading in your Country
Depending on your country, here are the brokers available to you in April, 2020:
Country | Binary Options Available? | Broker Info | Best Broker |
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NO | Trade stocks, indices, currencies. | eToro (visit site) | |
YES | Regulated US Binary Broker | Nadex (visit site) | |
YES | Regulated AU Binary Broker | HighLow (visit site) | |
NO | Trade stocks, indices, currencies. | n/a | |
Mostly YES | Binary Broker for non-EU/US/AU/CA traders | IQ Option (visit site) |
*Other countries: Binary options is still available to most non-EU/US/AU/CA traders however there may be some exceptions.
- EU Traders are banned from binary options trading. The best alternative is eToro.
- US Traders should go to our US Welcome Brokers page.
- Australian Traders have a great choice available: Highlow.
- All other traders (if you are not from the US, EU and AU) can sign up with IQ Option.
Beginners think that all a trader needs to do is go on one hot streak!
New traders often say to themselves: “just ten wins in a row and all of a sudden I will be a new trading mogul”. People looking for quick money think, that they can quit while they are ahead on a hot streak and go home richer than they could possibly imagine.
The truth is that you need a strategy and discipline to make successful trades on the long term. You should start by picking a legit broker first.
If you are just starting out with trading, then this is the perfect guide for you to start making money with binary options trading.
Here is our #1 Rated Broker
IQ Option – Best Trading Platform
IQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.
- Trusted CYSEC Regulated Broker
- Minimum Deposit: $10 (Lowest In The Industry)
- Free Demo Account
How To Get Started With Binary Options Trading
Unfortunately binary options trading was banned in most countries but there are many more assets that you can trade: stocks, commodities, bitcoin, indices and more. There are many safe and regulated brokers.
You can start with a trading signals provider, especially if you are a beginner. FX Atom Pro looks really promissing.
- Step1: Sign up with 24Option
- Step2: Make a first deposit
- Step3: Start trading using trading signals
Alternatively you can choose a reliable broker like IQ Option that offers free demo accounts.
IQ Option is the most trusted trading platform at the moment. They are regulated by CYSEC and they have a stellar reputation in the industry. The minimum deposit is only $10 which is perfect for beginners.
Forex Trading – The Best Alternative To Binary Trading
Binary options trading may be too risky for you. Or maybe you heard too many horror stories about binary trading? We recommend you to try out Forex trading instead.
Forex brokers offer CFD and even Cryptocurrency trading. Most Forex brokers are regulated and have been around for many years. Here is the best Forex brokers:
Rank | Broker | Min. Deposit | Regulated | Features | Review | $100 | YES | + CRYPTO TRADING | TRADE NOW | $200 | YES | + ASIC LICENSE | TRADE NOW | $200 | YES | + COPY TRADING | TRADE NOW
Common Mistakes of Beginners- And How To Fix ThemWhen a beginner goes in unprepared trading binary options, the broker will feast on them. New traders often make mistakes such as taking way to big a position for one trade, taking a bad loss, and then staying way to small the next 5 times. They may even experience winning easily on small trades, but they never make back the big loss. New traders take way too many trades, let emotions control their trading, and don’t have the self control to stay out of low percentage trades that they know have small chance of making them money. After knowing all the pitfalls, why would a new trader ever decide to open a binary options account and become a trader? Well, they do it because they have the power to win systematically if they have some intelligence and a plan on their side. A new trader needs to understand the most common pitfalls, otherwise they may not even know that they are making a mistake while they do it! With that in mind, here are the most common mistakes new traders make, with what they should do instead.
How Beginners Can Make MoneyEven with so many ways to mess up, beginners to binary option trading can make money if they work hard and follow a system. The key to binary options trading is to control risk. As a result, a trader can never lose too much money on any particular trade. Hypothetically, a trader has a 50% chance of being correct on any trade whether they buy a call or a put option. To make money, a trader only needs to be correct on about 60% of trades of the trades that they take. This means that of the trades that a beginner with absolutely no edge (an edge is something giving a trader a better than random chance to make money) would take, they need to figure out how to turn about 20% of them into winning trades. Binary Options – How Much Can You Make?: This is not a simple question. There are certainly traders who make a living with binary options. You could make thousands of dollars every month. However the best is if you start with lower expectations. Making hundreds of dollars steadily is a good way to start. Here are possible ways that any beginner can easily do this:
Binary Option Trading Is Not Easy For BeginnersThe problem with this dream is, how often does this really happen? Let’s just say a lot of brokers would never be in business if it happened very often that beginners made money. Above all, beginners have dreams of being smarter, better, and luckier than everyone else who has every done something, but the harsh reality is that trading in any form is not easy. Especially when it comes to making money from trading, it takes hard work, dedication, and a commitment to learning. And when I say learning I don’t mean just reading a couple articles, I mean actually learning from your wins, from your losses, from hard earned experience. As a result never take a trade and learn nothing from it, especially as a new trader. What Our Readers AskedThe short answer is yes, you can make a lot of money trading binary options. However it will be very hard to do so if your initial deposit is low. Always keep in mind that binary options is risky and you could also lose money. A binary options broker makes money when you lose your trade. This is the main reason why there are not fees when trading. Yes, many traders have success with binary options trading. You can even follow some of these traders. In order to do so, pick a broker that offers social trading. This way you can pick your favorite trader and copy their actions. Do We Recommend New Traders Even Try Binary Options?Of course! Every successful trader was new at some point. Just because a lot of traders go into trading without educating themselves or having realistic expectations doesn’t mean you will as a new trader. In fact, since you are reading this article you almost decidedly will not. At How We Trade our job is to prepare new traders for success. So move forward knowing you have a strong ally in us! Interested in opening an account? Check out our homepage for the best trading platforms, along with our top rated binary options brokers. IQ Option – Best Trading PlatformIQ Option is a trading platfrom that is regulated by CYSEC. It is the best trading binary options broker on our website. It’s a perfect pick for new traders.
How to Trade Binary Options Effectively – All LevelsBinary Option Trading Course – Learn how to trade! Exclusive strategies included!Создано Viktor Neustroev Об этом курсеIn this course I will explore the fundamentals of trading binary options. You will also learn advantages and disadvantages of trading such simple financial instrument. I will describe how to trade binary option and explain a trading platform in all details. I will teach you profitable trading patterns on 4 different types of markets and you will learn how to recognize them in future and take correct trading decision. Afterwards you could easily do everything yourself. You will also get a basic knowledge of trading commodities, indexes, Forex and stocks. But the main idea of this course is that you get at least 3 profitable trading strategies and exclusive money management method, which can improve your trading perfomance significantly. Best Binary Options Brokers 2020:
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