Trading Beasts, Learn how to trade forex and binary options
Say gold is trading at $1,195 per troy ounce currently and you are confident that it will be trading above $1,200 later that day. Assume you can buy a binary option on gold trading at or above $1,200 by that day’s close, and this option is trading at $57 (bid)/$60 (offer). You buy the option at $60. If gold closes at or above $1,200, as you had expected, your payout will be $100, which means that your gross gain (before commissions) is $40 or %. On the other hand, if gold closes below $1,200, you would lose your $60 investment, for a 100% loss.
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Making a comparison between Forex trading and binary trading is not easy as they both have their own advantages over the other but here are some of the main differences:
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If you believe it will be, you buy the binary option. If think gold will be below $1,250 at 1:30 ., then you sell this binary option.
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Take advantage of the information offered on to get a better understanding of trading binary options and forex trading .
View screenshots of our results on the right-hand side. We'll regularly add new screenshots to show you previous trades and results. Members will also be able to view results of trades every day.
Fill out our online application in just a few minutes. You’ll get a quick response. Once it’s approved, you can fund your account and be trading within minutes.
The World’s Largest Financial Market, Forex, allows speculation on currencies. EUR/USD, GBP/USD, which economy and its currency will overshadow the others? You determine.
- No more yearly slots available for Autotrading plans, and soon monthly slots also will be limited to ensure the correct execution (servers response) of our Autotrading service to our active customers and avoid a high number of accounts placing trades at the same time in broker's servers. Users who already have accounts will be able to upagrade their plan.
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To get started trading you first need a broker account. Pick one from the recommended brokers list , where only brokers that have shown themselves to be trustworthy are included. The top broker has been selected as the best choice for most traders.