How to Trade Binary Options | Financial Trading School
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.
You can trade from as little as $1 / £1 / €1 / C$1 / A$1 up to $1000 / £1000 / €1000 / C$1000 / A$1000 per trade with no charges or commissions. You can operate an account with as little as $10 / £10 / €10 / C$10 / A$10 . Unlike contracts for difference (CFDs) or spread betting, binary options do not involve margins or require stop loss orders. You know exactly how much you stand to gain or lose when placing the trade. Binary options are fixed return options (FROs) for a pre-determined, fixed amount. Binary options are therefore perfect for traders who want the potential for substantial, short term gains with strictly limited risk.
The latest kid on the block that claims to make trading forex and binary options a simple task is called FXMasterBot. The software has brought a great deal of advanced functions to the market including the ability to trade both types of options at the same time.
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.
This site is neither an options exchange nor brokerage house. The binary options offered by this site are games of skill licensed and regulated
We have teamed up with eToro and their revolutionary COPYTRADER which allows you to copy the best traders in the world with the click of a button.
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.
Binary options trading has received a “bad rap” by some people. Many of the people who have given a negative response to binary options trading were uneducated, and they lost money doing so. Or, they get involved with a scam operation which gave them a bad taste of the whole system.
It depends entirely on you. With the right binary strategy, you can boost your capital even by 100% in a week. However, with a bad strategy or even without a strategy you can just as quickly lose it. The basis is to be as patient as possible and to hold to your selected strategy, which you know that works (for example from a demo account). Binary options trading is about a long-term profit and not about making one (or even a row of) successful or unsuccessful trade.
Many people shy away from this type of investment because they are misinformed or lack knowledge about it. However, they could be missing out on some profitable trades.
The main difference between more traditional stockbroker trades, and binaries, is the clear identification of risk and reward before the trade is made. An investor knows exactly how much is at risk, and crucially, also knows the exact value of any potential returns. No calculator, formula, or maths degree is needed to work out profit and loss on a binary option.
Below you’ll find the complete index of all my lessons in the Binary Options (BO) series. Simply click on the course code to watch the lessons, also please take note of the pre- and co-requisites. I hope the videos help you as you venture into the world of Binary Options.