MAS Cautions Investors on Risks in Trading Binary Options.
Binary options are “all-or-nothing” in design. You either win or lose. There is no middle ground. Binary means 1 or 2. One or the other.
Take advantage of the information offered on to get a better understanding of trading binary options and forex trading .
Binary options, also called digital options, were created in mid 2008. The simplicity of binary options makes them understandable to everyone, even to beginner investors.
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.
Usually, traders in South Africa achieve that by reviewing binary strategies and placing trades in accordance with market news . This way, they can expect possible market changes if any and place trades according to situation on the market.
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The way it works is straight forward. With demo trading, you are given a certain amount of fake money to start out with. You can use that money anyway you see fit. The platform you will be using for demo trading is the same platform that you will use when you’re actually trading with real money, so demo trading helps eliminate the learning curve and any mistakes that you might make while figuring out how to use the software. US Traders can open a Nadex Demo Account in just a few minutes.
Take your binary options trading to a profitable level. Our Free site offers you articles on how to trade, the best broker demo accounts, and strategies.
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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UK consumers may also be targeted by binary options scams, which commonly promise higher than average returns for bets that never occur and manipulate software to distort prices and payouts. They also commonly refuse to return client funds and break all contact with customers.