How to Trade Binary Options
Binary options let you make money simply by predicting market direction. You will trade various assets like stocks, gold, FOREX, the Dow Jones and many more. All you have to do is predict if the market will go up or down. Below are the most trusted binary brokers selected for the best available online service.
Best binary options brokers for
|#||Broker||Features||Review||Trade||1||24option||Our favorite binary options broker||Review|
|2||BancdeBinary||One of the leading binary brokers||Review|
|3||Topoption||A highly recommended binary broker||Review|
|4||Ubinary||A great value binary broker||Review|
|5||Opteck||A very popular digital options broker||Review|
Binary Options Information
BinaryOptionsForecast.com is your reference for forecasting financial prices with binary options. Learn the skills to trade binary options profitably: what are binary options exactly, why both new and advanced traders prefer them, the best binary trading platforms, efficient trading strategies and in-depth articles to learn new methods for consistently making money with binaries.
Our articles covers all aspects of these ground-breaking digital instruments: how they work, the risk/reward, the profit potential, the underlying assets you can trade, binary financial news, what moves the market, technical & fundamental analysis applied to binary strategies, market chart formation, optimal forecasting signals and advanced trading techniques.
Binary options are the latest trading product made available to the public. Highly powerful to trade, there are already individual binary options traders who make a living from them. These options were reserved to traders at the big banks until a few years ago, but not any more. With a deposit as small as $100 you can trade them if you want to.
In a nutshell binary options enable you to make a pure bet on the direction of the market. If you have a strong bullish or bearish view about a particular market, no trade is better adapted to such a view than a binary. Because it does not matter by how much the market moves or how long.
If you think the market will rise and you buy a call, then if the market goes up, you make money. As simple as that. Forget about the buy and hold strategy, just trade the direction of the market with binaries.
Binary Options Exposed
What is unique about binary options trading is that investors can take fixed odds bets on the direction of the market, unlike any other product on the market. What this means is you know exactly how much money you risk and how much money you will make if you made the right prediction. As these trades have short durations of a few days or few hours, positions are closed very fast and you know the result very soon.
This is very different from trading the markets in the old-fashioned way, where traders may keep their positions for an unknown period of time, with the pnl going up and down every day as the market fluctuates. But with digital options (another name for binary options) your position does not fluctuates with the market. It is either in the money (profitable) or out of the money (unprofitable).
Hence the name binary, as there are only two cases, right or wrong. This simplifies your trading strategy and removes the headaches. As all is determined before you pull the trigger, once you make a trade there is nothing to worry about as the position will take care of itself.
Of course if you decide to trade binary options, it does not mean that you do not need to study market behaviour and trends. Accurate forecasting is still the core skill to develop, but what is easier is how the trades are implemented.
Binary Options Specifics
Another fundamental advantage of binary options versus all other trading platforms is that you can trade all major asset classes under one roof. Yes you can trade some large cap stocks and the leading stock indices, as well as currency pairs, commodities like gold or crude oil, and even some bonds. All at a few clicks of the mouse. Where else can you trade stocks, indices, commodities and currencies so simply? Check it out, you cannot. And we are not talking about ETF or other proxies, we are talking about trading the real assets themselves.
Simplicity and ease of use are two of the benefits you will enjoy when you trade binaries. And the software provided for free by the leading binary brokers that we recommend are all state of the art with real-time quotations, trading, monitoring and reporting. This way you can focus on what really matters, making your predictions about market direction.
What are binary options types and features?
The main type is either a call (bullish) or a put (bearish) option. You buy a call if you think the asset is going up and you buy a put if your view is that it is going south. Recently brokers have added other option types so that you can refine your strategy. For example a range option is a bet that the asset will stay inside a specific range. A knock out option is a bet that the asset will reach a price target. All these tools and the ability to pick any of them on any of the traded assets let you create the strategy exactly tailored to your precise views.
To start trading binaries safely today, click here.