Why Trade Binary Options?
Binary Options are a quick and easy way for traders to profit from price movements. The popularity of Binary Options is down to their:
1. Simplicity – you simply need to decide whether the asset will increase or decrease in a set period of time.
2. Fast moving – profit from short term price movements from as low as 60 seconds.
3. Capped risk – know your maximum potential profit and loss before you trade.
4. Trade in any market volatility – make a profit in even in the flattest of markets.
5. Low capital requirements – open an account from $250, trade from just $1.
6. Access to global markets – trade 100’s assets from forex, stocks, indices, gold, commodities to Bitcoin.
7. No commission – trading is free of any commission.
8. High returns – profit up to a huge 89% per trade.
Binary Option Example
Trading binary options just takes 3 simple steps:
EUR/USD is trading at 1.37665 and you predict the currency pair will be lower in the next 30 minutes and you want to invest $25? Simple. Find EUR/USD in the brokers asset list, select the time period of 30 minutes, enter $25 as your investment amount, click on the PUT (sell) button and execute the trade. The return on the trade is 87%.
You’ve now predicted that the currency pair EUR/USD will be lower than the current level of 1.37665 in 30 minutes time.
After 30 minutes EUR/USD is trading at 1.37450, lower than the price 30 minutes earlier, and your trade has been closed automatically by the broker. Since EUR/USD was trading lower as you predicted your trade is settled for a profit. The profit for a $25 investment with a return of 87% is $21.75 ($25 x 87% = $21.75) which is credited to your broker account almost immediately. If your investment amount had have been $100 you would have made a profit of $87 on just this single trade.