|Online Broker||New User Bonus?
The bonus you receive after you open your first account on the broker’s website.
The possibility to open up an account and start a trade if you live in the USA.
|Minimal Deposit||ROI||Customer Service?
The extra sum you receive after a successful trade. If you invest $1000, and get a plus of $650, your ROI (return on investment) is 65%. The final payout: $1650.
|Begin a Transaction!||Begin an Exchange!|
|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%|
If, in the past, Forex trading was somehow appealing to you but you never had the time to take trading lessons in order to be able to understand the exact processes, you have to know that now exists a simpler alternative: binary options trading. Having just two options to choose from: if an assets value will go Up or Down, the whole transacting process has become much easier.
On the market exist numerous brokers who attract you with various offers and opportunities, but from this huge sample it is hard to choose the best ones. In order to help you decide wiser and faster, we prepared a list of 11 binary options brokers to choose from. In the table above you can see their ranks and on page options, and if you watch the video reviews you can find out even more inside information.
To create a background meant to help you have a better understanding about this whole binary options trading affair, we will explain its main principles and why it is such an appealing money making method. In the following paragraphs you will find out more about how a trade works, what are the possible risks and how to avoid them.
To start a trade on a binary options broker website, at first you need to register a new account and deposit a minimal sum of money, which generally is as high as $250. Subsequently to this, you will receive a bonus from the broker, that usually is as much as 100% from the sum invested. In this way you will have a better start, feeling more confident and prone to win.
Furthermore, you have to access the trading platform, where you will see the assets graph. This graph shows how a currency’s, commodity’s or stock’s importance is fluctuating, in real time, accordingly to the changes the financial market registers. Based upon these ever changing levels you have to decide at what point will your asset be situated when the selected time expires. You can opt for a session of 10 minutes, 20 minutes or even more.
Anyway, the recommended solution would be to opt for an expiry date that is closer in time because only in this way you will be able to make a better prediction and have a winning transaction. Another good tip would be to stay informed at all times and know exactly what is happening in the financial market. In this way you will know when and why the assets’ values are increasing or dropping.
As in any other money making activity, binary options trading presents several aspects that should be taken into consideration when performing an exchange. For example, if you are a beginner, you should pay attention to how much money you are investing in your first trades. For the start you could begin with somehow smaller sums, even more when the brokers offer you the possibility to trade with as little as $10. In this way you are not risking a big sum of money, thus keeping your deposit safe.
When you are still new in this domain, try not to place trade after trade but instead wait and see how your first investment came out. In this way you can have full control over your funds and make the next decision based on your actual money balance. Since you are the only one who is responsible for the transactions you are making, it is highly important to maintain a clear mind and to have a good judgement of the possible risks involved.
Last, but not least, pay attention when you make your decisions and do not rush when pressing the buttons. Analyze the graph thoroughly and only after decide if the asset’s value will go up or down. If a trade is on the brink of expiration, it is better to opt for the next one, which has a longer expiry time and you can take a while to decide which options to choose. These are the main aspects that you should take into consideration while trading binary options, there is no need to get extra worried about any of them since they can be overcome in a few easy steps, as we explained above.
The main ideas that need to be remembered about binary options trading are: placing an order is easy and can be performed in a few easy steps, you do not need huge amounts of money to be able to trade, when you register a new account you receive a big bonus and you can make money pretty quickly. There are some risks involved, but they can be easily avoided if you remain patient, well informed and attentive at all times.
On the market there are numerous binary options brokers you can choose from, each have different features, offer different payouts and are more or less reliable. If you want to make the best choice, you are invited to assess our comparison list and watch our video reviews in order to see for yourself how the trading platforms look like, how easy it is to trade and how user friendly the websites are.