Binary options are a new way of trading on the web-based stock market. Imagine you are shopping. Do you think the value of gold will increase in the coming hour? Then it is time to open a trade. If you are right, you make a profit. As simple as that!
But there is a twist. No one knows exactly what will happen, as it is difficult to predict – at least for beginners. However, there are methods that let you predict the results. There is no secret weapon that allows you to make a profit of 100% of the trade, but if you understand the market you can make money from it. A lot of money. Remember that everyone does not succeed in making a profit.
How to trade in binary options?
Professionals always use strategies or designs that help them predict price changes in the market. In fact, there are strategies that are very effective, but in order to use them you need to download specific software. For more information, please see our articles on Meta Trader 4.
Are there strategies for trading binary options?
Yes! There are strategies to help you make money on binary options trading! These strategies are usually difficult to learn – but this is where our website comes into play. We offer the best articles, technical analyzes, basic analyzes and other information.
In addition, you can read about trading patterns, news and other important information from the world of binary options. Once you find the right strategy for you, trading binary options can be the only income you need. Regardless of whether you want to get fully involved or are a beginner, you are guaranteed to find something of interest on the site, such as our reviews and our comparison platform that will help you make the right decision.
Recommended Binary Options brokers
Rank
Broker
Bonus
Rating
Visit
1
Trade Stocks, Forex, Options and Crypto
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87% of retail investor accounts lose money when trading.
2
Sign up and get $1,000 in a demo account
3
More than 20 payment systems
4
Trade 24/7, even on weekends
What are binary options? More information…
Binary options are a type of trading of shares online. Trading in binary options stands out because it is incredibly easy to learn, just as the name suggests (binary = only two parts, ie profit or loss). Even an above trader who would quickly encounter problems in the stock market can profit with binary options. But of course not everyone can win.
Trading in binary options is always fast and clear. Everything is about prices of commodities or currency pairs and how they increase or decrease. In recent years, this type of trading has become increasingly popular, offering investors a low-budget version of trading in the economic markets. Investors who trade in binary options receive a fixed profit share and minimize the amount they can lose. Compared to Forex, binary options are simpler, but with more limited potential gains. In summary, it can be said that binary options are a type of trading that suits those who want to start speculating on the economic markets.
Brokers with binary options usually offer profits between 70-91%. This means that if you make a profit with your trade you will get back your stake plus a profit of around 90 percent.
In other words:
A trader (you) choose whether they think the price of gold, silver or a stock will increase or decrease. If the trader is right, they win 191% of their bet. The price changes can be predicted with some certainty, which means that binary options offer a way to make money in the long run.
It seems simple? However, it is more difficult than it may seem. But now you know what binary options are.
Binary options over the weekend
Binary options usually cannot be traded over the weekend because the markets are closed, which means that the prices of assets will not change.
However, there are a couple of brokers that let you trade over the weekend. Then you usually trade in price changes in index or Bitcoin that have low exchange rates. It also means that profits are usually low. Therefore, it is difficult to predict the prices, but by all means try to shop during the weekend – every experience counts.
Types of binary options:
- High-low: The most popular type of trade, where the trader speculates whether the asset’s price will increase or decrease over a certain period of time (until the position expires).
- One Touch: The trader predicts whether the price will reach a certain level during the time the position is open – before it expires. The price does not have to reach an exact level, which makes it easier.
- No Touch: This type of binary option is similar to One Touch. A trader speculates whether the price will go over or fall below a certain limit before the position expires.
- Ladder: The trader speculates whether the price of an asset will increase or decrease, depending on the price differences during the time period that the position is open. With a “Ladder” the profit also fluctuates, which can be between 1-500%.
Why choose binary options?
The biggest advantage of binary options is the chance to receive high dividends for every successful trade. Most brokers offer profits up to 89%. Another reason why many people choose binary options is quick dividends. There are a number of trading strategies online that can help you increase your chances of making a profit.
Trading in binary options is gaining popularity worldwide, which can be seen by the rising number of brokers on the market.
Recommended brokers
Do you know what to expect from binary options trading and want to get started? Our site helps you choose the right broker to trade with. You can read our reviews on 24Option, IQ Option, Empireoption and many more. It is up to you which broker you choose, but why wait?
Rank
Broker
Bonus
Rating
Visit
1
Trade Stocks, Forex, Options and Crypto
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 87% of retail investor accounts lose money when trading.
2
Sign up and get $1,000 in a demo account
3
More than 20 payment systems
4
Trade 24/7, even on weekends
Binary Options Demo Account
If you want to start trading but are unsure if binary options are right for you, you can easily try on a demo account. Some brokers have their own demo accounts (like IQ Option) that let you try on their platform. But if you want to try trading without risk and without having to register, we offer your own free demo account.
Risks with binary options
While all the benefits you can read about on the page are true, there are some risks with binary options that you should be aware of. Even if you win with 50% of your trade, you will eventually lose money as the payouts are usually below 100%. You choose how much you can lose. For example, if you make a deposit of SEK 5,000, you cannot lose more than that. This is an advantage over forex, where you can lose more than you invested. This is not the case with binary options. Never deposit more money than you can afford to lose.
Binary options brokers are not public utility companies. To be able to pay out money to traders who make a profit, other traders must make a loss. Which group do you belong to?