Why trade binary options you ask, well for one it is exciting, new and easy to learn. You will find a lot of Binary options buying and selling platforms to choose from but while they all may look the same, you want the one with the best percentage payout, and also finding an accredited Binary options broker is important as well. The best thing about an accredited broker is that they want to safeguard your interests. Our site will try and offer you the best advice possible to help you in choosing the right Binary options broker, and teaching you the easiest way to invest your hard earned money.
Binary trading and the number of people who trade in Binary options is growing more and more each day due to its rapid investment payout. Due to new binary options online sites growing daily, their registration offers to join with a Binary options broker are becoming more and more attractive to new and old traders. As the competition for the new Binary options sites grow, it is hard for new comers to decide whether they want to join in this new form of investment. If you are one of the people unsure of why you should try binary options online, we have stated below some of the reasons most people new to the binary options have been joining this new trend daily.
Why should you start to Trade Binary Options?
There is not a lot to learn when you are trading in Binary options, but when you see how easy it is you will understand why more people are trading in Binary options than on the normal market. In any new venture, you will find for beginners there are a lot of advantages like start up bonuses and now more percentage payouts. Many people joining with Binary options are now seeing what it is like trading online, and these new Binary options members prefer trading with Binary options online than through the stock market. However this really does depend on each individual person’s type of trading preferences.
Your Trading Background
An important factor when trading Binary options is your background, as each person has different experiences to tell. Lack of experience for new traders in the Binary options industry may seem to have more disadvantages because they do not know what they are doing, but this is due to experience as well. Once you read and learn about how Binary options trading works, you will find it much easier to start after reading our site, than jumping in with both feet without learning about Binary options first. For example, a person who has been trading in the stock market for years will have no problems moving forward with Binary options. We have many areas to our site that will show you how easy it is to work with Binary options and make you see how easy it truly is to trade with binary options.
Is it good money?
If you have ever been involved in the investment market such as stocks, commodities and currency or index trading, then you will have seen that one of the only ways to get a profit of around 70%-85% is in trading with Binary options. If you have a good knowledge of how to pick an asset to invest in, then you can make some serious earnings from Binary options, which draws people to them daily. Binary options success only depends on the closing price of your asset at the time of its expiry, and that you have chosen the right movement on its price which is either higher or lower. Binary options do not rely on luck, what you need here is to study the behavior of the asset that interests you. With binary options, you do not need the knowledge of an analyzer or forecaster to turn your investment in binary options into a profit.
The only knowledge you really need is to be able to predict the direction in price that your chosen asset will expire on. If you take time to watch the asset you want to invest in and can truly predict the way the price will go, then you could be like the many others trading in binary options and earning yourself extra money weekly. This draws many people to trade Binary options as in the morning you can see where certain assets are going and start trading over breakfast.
Is the Risk involved in Binary Options Lower than the regular markets?
Most Binary options brokers now offer up to 15% safety net return on an out of the money trade (prediction of price movement is wrong), which makes it more intriguing for people to start trading in binary options. This meaning that if you buy a Call (asset money goes up) or Put (asset money goes down) Binary options; you are still awarded the reverse option automatically, which protects 15% of your overall investment. An example of this 15% return is explained below.
If you decide to invest $5000 in a certain asset which your Binary options broker offers you 70% return and your chosen asset is successful upon expiration, then your $5000 investment has now become $8500. If your investment turns out to be wrong then your 15% safety net still leaves you with $750 from your original $5000 investment. Pretty good offer as you will not lose all your investment like in regular markets. This draws a lot of new comers to the Binary options trading due to the fact that you choose the price you are willing to invest in a certain asset. This makes it more appealing due to the fact you won’t lose your shirt as long as your prediction on your Binary options trade is correct.
Do you need to be a financial wizard?
As mentioned earlier, you do not have to be a financial wizard to trade in Binary options. You do not need to be a financial wizard like most new comers to binary options believe to be true. This might be true with other investment markets, but this is not true with binary options. It is all to do with predicting the direction of the market, and nothing else. Your main obligation is to read up on the asset you wish to invest in, this is either through reading financial news reports, listening to stock reports, or just watching the reports on your daily news channel. Binary options is the easiest online market to deal with, all you really need to do is click on call (asset price will rise) or Put (asset price will drop) and that’s all it takes. So you can see that you do not need to be a financial wizard to start making some money with Binary options, all you need is the right asset and the right prediction.
Where to Start
If you are new to Binary options, and are reading this site, then you have already taken the first step into this profitable new venture. Your next step of course is to learn how to trade Binary options, and remember to have clear objectives and a good working plan ahead of you. This will help with the likelihood in making great profits from binary options trading. Your next step is finding the right online Binary options broker and predicting the right outcome of your asset. This is why Binary options are now taking on more and more clients daily, because it is that simple to learn and trade. Our job is in helping you understand how the Binary options world works and make your new profitable journey easier.
Your Concentration while trading Binary Options
Your concentration is also a factor in trading Binary options as you need a high level of concentration and awareness to the current markets. Learning the basics to Binary options is a must and easy to do. That is why most new people to Binary options are trading daily and enjoying their profits. Another reason more people trade binary options, is that they know they can sit at home, office or even while traveling to work and concentrate online to their trading asset. Always make sure you are in the right frame of mind when trading as any interruptions can have you making the wrong prediction.
One Hour Expiry Option
If you ask anyone who is trading in Binary options online, they will tell you the best way to trade is with the one hour expiry time. This is one of the best ways to trade with Binary options due to the fact that the shorter the time, the less chance your asset will fluctuate. So now you know that unlike regular market trading, you do not have to wait a month or even years for your investment to make you money, it is within one hour that you could change your financial situation. This makes the Binary options trading very attractive to people trading online, and making profits hourly.
Are there binary option Bonuses?
Binary options broker’s online offer rewards to their members who trade with them with some extra cash bonuses. This is when you need to search for the right Binary options broker online and see what bonuses they offer to new and old members. Also their payout percentage is quite important as well so you know you are making a good profit with your investment.
For example, some Binary options brokers may offer a new member to their site an extra $20 for every $100 deposit made to their account. Some Binary option broker’s offer weekend and holiday bonuses and even promotional emails offering personal offers to the account holder. Some binary options brokers may offer better rates for a limited time as well, making them more attractive to new Binary options investors.
Binary Options Broker’s free signup
Another big reason for people joining Binary options is for the simple fact of no hidden charges for trading with a binary options broker. If while looking for a binary options site and you come across one asking for a registration fee, they are not the site you want. With binary options you do not pay any commissions or registration fees, and no site should ask you to pay them either. Just remember nobody takes any of your earnings they are yours to withdraw whenever it suites you. The only money you put into a Binary options broker is the money you are planning on trading with.
Another reason for many people preferring to trade with Binary options online is the fact that they can trade Binary options where ever wifi is available. You could start your day travelling to work online watching and trading and even be in a profit before arriving at your destination. Most people like the fact of sitting at home watching the financial channels and investing in the comforts of home with no distractions.
So we hope everything we have told you so far will help you make your decision on Binary options trading a bit easier. Spend some time reading through our site and watch how quickly you pick up how easy Binary options truly are. You will be amazed at how many people you will come across already trading with Binary options, or just by telling a few friends you will all be enjoying some extra funds you never knew were easy to come by. Binary options is the new trading market online making life a bit easier for everyone struggling through the recession as you can even make a few dollars just from investing as little as $10 when you can spare the extra dollars to trade with. Binary options are not a trading vehicle to move away from or be scared of investing your hard earned money on. Binary options are easy and really all you need to do is your homework on your asset and place the right funds on your chosen asset. The last thing to remember is that Binary options is not an online casino, you must read the way to invest sections and choose the right way your asset will move within the expiry time, and remember to only invest funds you can afford to invest.