The Best Binary Broker 2020!
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Get Your Sign-up Bonus Now!
Good Broker For Experienced Traders!
Anyoption is a veteran in the binary options industry. This broker has been around since 2008 and offers now days more than 200 trading assets. Anyoption enjoys a reputation of a solid and transparent broker which offers excellent guidance to their traders. They really care how their traders manage with their trading and are more than willing to help with any questions that comes into mind. So stop wasting time and open an account and start trading with one of the best brokers available.
Anyoption in a Nutshell:
- Broker: AnyOption
- Platform: AnyOption
- Founded: 2008
- Bonus: 50% to 100% depends on deposit amount
- Return/Refund: 65-85%/0-25%
- Number of Assets: +100
- Regulated: CySEC, FSA
- Education Center: Videos
- Demo Account. Yes
- Mobile Trading: Yes
- Minimun Deposit: $200
Anyoption has been around for a long and treats their traders well
How Binary Option Robot Can Change Your Life? Check This Out!
Is Anyoption a Trustworthy or a Scam Broker? Important Information Don’t Invest Before You Read Our Full Expert Investigation!
How to Make Money with Binary Option Robot
Top Binary Option Robots in Russia
Claim your free binary option robot, get started with three easy steps:
- Name of Robot
- Min. Investment
- Min. Deposit
1. Your Binary Option Robot will analyse the market and decide, which asset (currencies, indices, commodities and stocks), is right to trade at that point in time.
2. The Binary Option Robot Will Predict the Price Movement
Your robot will assess a wide-range of factors, and then make a prediction on how the assets price will move, saying: Call (up) if it believes the price will rise and Put (down), if it believes the price will fall.
3. Decide on how much you want to Invest
Then you need to decide how much you want to invest in the commodity and when that investment will expire.
4. Collect your Earnings
Finally, you collect your earnings (the good part!)Best Binary Options Brokers 2020:
The Best Binary Broker 2020!
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Get Your Sign-up Bonus Now!
Good Broker For Experienced Traders!
Open a free account to Anyoption by clicking the button below and get an exclusive 50% (deposit $ 300 or more) or 100% (deposit $600 or more) deposit bonus. Only limited time!
Features of the Broker site
AnyOption slogan is “anyone can trade” which tells that they will make their best effort to support their traders. Unfortunately US Brokers cannot trade with them because there are regulated by CySEC and FSA and therefore they cannot accepts US traders anymore. If you are one we recommend you to get familiar with our US friendly brokers in the right sidebar and reading the following articles: Automated trading software. There are two sides being regulated and each involve it’s pros and cons. Even if they are not able to have US customers this regulation makes them a trustworthy broker as that license is not given to every broker on the market but only a trustworthy and stable one.
Bonuses and Account types
Anyoption has this strange policy that they don’t reveal their bonus deals in their site. Thus they will give bonuses to the initial deposits of traders. Those bonuses vary between 25% to 100% and the more the deposit is the more is the bonus on top of that. But as an our reader you will get 50% first deposit bonus if you deposit $300 or more and 100% bonus if you deposit $600 or more. To get these bonuses, you have to open an account to Anyoption by clicking “Open Free Acount” button anywhere from this site.
The same policy continues with their VIP programs as they won’t reveal any information about those and are more to case basis and negotiable when the initial deposit is about to take place.
Minimum depositt is $200 and maximum is as high as $20,000.
Anyoption offers demo account to their customers to get experience in trading. Our recommendation is that those demo accounts are useful for a day or two to gather some experience but after that it would be better to start trading with real money account. This is due to the fact that if there is no risk involved people behave differently and might learn behavior that is not successful when trading with real assets. In a day or two a trader can test the different option types on the platform and get some knowledge of the features. After that there is no use for investing with the demo account.
Platform features and Maximum payout
Anyoption offers payout from 65% to 85% which is average among the brokers. In top of that when trades are not profitable there is a possibility of getting a refund between 0-25%. This compensates the total payout of winning and losing trades.
Anyoption has developed their own platform to compete with other brokers. It supports such features as early close, one touch options, high/low options and option builder.
Early close makes possible to cut the losing trade before the expiry time comes and make it therefore less harmful. Early close is well applied when the trader is certain that this particular trade will not end up in the money and therefore cuts it before expiry. In this way trader will get some of the invested money back instead of losing it all. This is highly useful way of minimizing the losses when some trades are not going as planned.
The platform itself is very simple to use and clean design makes it fast to adapt. For one touch options there is a special feature that makes it possible to trade during the weekends for this option type. This is something that is not offered by almost binary option broker site.
How to trade with Anyoption
Trading possibilities are wide with Anyoption platform. Expiry times vary between minutes to weeks and longer. Trader can flexibly choose the best expiry to support his trading strategy.
There are plenty of option types to choose from the regular high/low options, one touch, and by option builder to adjust traders own portfolio as he wants. Asset selection of Anyoption is one of the largest including more than 200 tradable assets. There are roughly 100 stock options to choose the ones to trade to.
Those are mostly well known brands from different industries across the globe Then there are approximately 15 currency pairs to speculate with. Most common currencies such as EUR, USD, GBP, JPY, NOK, RUB are included and combinations of those. Commodities list include gold, silver, oil and natural gas.
There are also 30 different indices from the major stock markets from United States, Europe, Asia Pacific and Middle East.For example Dow Jones, NASDAQ, S&P 500 and future to mention a few.
Binary 0-100 offers profits even up to 1000%
Option types and expiry times
Anyoption has chosen to utilize their own platform which seems to be very solid choice. With his platform Anyoption is able to provide regular options, pairs, long term, and 60 seconds options. There is pretty much something for every situation and for every need whether is quick profits or a longer investment.
Expiry times overall cover the whole range of different durations. As the regular options offer duration between couple of minutes to the rest of the day, the sixty second and long term options fulfill the both ends of the spectrum. Sixty second options actually have 30, 60 and 120 second options types and the long term options vary between one day to several weeks and months up to over a year of duration.
Binary 0-100 option type offers up to 1000% payouts which is extremely high by industry standards.
Anyoption has several beginner courses related to binary option trading
Educational material and tools
Anyoption offers several articles about trading and and 5 ebooks related to topic of successful trades and tips for trading. There are also trading guides to beginners, video courses to both beginners and for advanced traders. In each category there are 7-8 video which present the topic in a clear and simple way that anyone can understand it.
Anyoption also offers courses to its products, the different option types and how to make the best out of those in the market. These are very useful information to all traders and if you are not familiar with those products we strongly recommend watching those videos.
Anyoption also has advanced courses for advanced traders
For beginner there are such courses as global trading, binary options advantages, trading as an art form, change and risk, are you an emotional trader and distribution of risk.
For advanced traders there are video courses like passive trading 5/15 rule, aggressive trading 10/30 rule, market analysis, trends, support and resistance, shooting star harami pattern, enguilfing, downside gap three and breakaway 3 white soldiers.
Anyoption also provides product tutorials for the option types. Courses are binaryoptions, option+, binary 0-100, bitcoin, one touch and then some examples.
If you feel that automated trading is more suitable option for you than investing yourself we recommend to trying binary option robot which will help to manage trading and can actually trade by itself profitably. The best binary options robot, The Real Robot helps you to trade more even when you cannot access to computer or do not have time to make trades manually. Open a free account now and let the robot make money for you.
There are also other recommended free auto traders exclusively to our readers, such as:
Anyoption has developed excellent mobile version of the trading platform. It is accessible from anywhere and with that application trader can manage his trades while not in the near of computer. Mobile version is accessible through the App Store and Google Play and requires only the login information which must be done before. Which is easy to create through the links of this site.
Anyoption has courses about their binary options which help new traders to understand how to utilize those in the best way.
Is Anyoption a scam or a proper broker?
Being regulated as was stated at the beginning of this review, we could surely make conclusion that this broker is not a scam because the process of getting regulated and licensed is strictly formal. CySEC will not give that license to any firm just out of the woods. Anyoption supports to their traders by offering a lot of free educational material, which confirms tht they are not a scam but honest and trustworthy broker site.
Customer service replies fast and goes straight to the point. Live chat replies in a matter of seconds and is therefore my preferred contact method. Also the support email answer in topics that are not that urgent in that point. There is also direct phone line from Monday to Friday which helps if any problems occur or information is needed.
Banking options are numerous and most widely used credit card are accepted such as: Mastercard, Maestro, and VISA, bank wire, Skrill, CashU, UkAsh, POLI, Sofort. Withdrawals can be made through wire transfer and credit cards. Typically those take 2-5 days until the money transfer is completed to receivers account.
Anyoption offers to it’s traders detailed and straightforward trading experience. Smooth platform is comfortable to operate with and provides all the necessary features to divide risk and to trade as profitably as possible. Anyoption offers great opportunity to build a successful portfolio with their platform and with their great educational material. Licensed by CySec only proves that they are in the business to stay. Definitely our recommended broker for trading with binary options.
Overall review we will give Anyoption 4,8 stars out of 5 as binary options broker site. [yasr_overall_rating]
Open an account to start trading with Anyoption right away and don’t miss any more changes to make a fortune!
365BinaryOption Scam Test
365BinaryOption Scam Test
An innovative leader in the binary options industry, 365BinaryOption has been providing for a while now an intuitive and comprehensive trading experience for people to enjoy from the comfort of their own homes. Established in 2020, this broker claims to have an excellent reputation of a fair and reliable investment company. They are registered in the UK and regulated by the Financial Services Authority.
Their platform is online, so you can access it from any computer or smartphone 24/7, plus it’s very simple to use. However, the competition is tough, and there are many scammers and unfair companies damaging the image of this industry out there. That’s why we are going to test thoroughly 365BinaryOption’s offer, to see for ourselves how honest the broker is and if there are any indicators of scam behavior. So give us a couple a minutes of your time and go through this 365BinaryOption Scam Test. It can really tell you a lot.
365BinaryOption Scam Test | Trading Platform
Trading platforms can often tell you a lot about the broker behind them. If they don’t run smoothly and do not provide accurate data 100% of the time, you will want to avoid that broker. Inaccurate data and bad software create room for misuse. You don’t want to see your trade closed later than it was supposed to expire due to a glitch, for example, because during the time lost because of the glitch the price can change and you can end out of the money. Of course, we don’t really have to explain the importance of a platform’s accuracy when it comes to prices – if a platform’s data cannot be trusted, stay away. Fortunately, our 365BinaryOption Scam Test has confirmed that this company is absolutely safe and secure to deal with in both regards. All data is protected with 128-bit SSL encryption, which is considered nowadays to be the most trusted method.
Apart from being very safe, 365BinaryOption Platform is also multifunctional. 365BinaryOption offers a custom-built and handy trading platform that will easily accommodate every trader’s needs. There you can trade the following types of assets: stocks, commodities, indices and currencies. One touch, high/low, boundary, and short-term binary options are also available to traders. In addition, 365BinaryOption online trading platform comes with a toolbox full of useful resources to help you make the right trading decisions. Along with charts, graphs, Japanese candlesticks, latest business and financial news, the platform provides a broad range of resources to help you open your trades.
We should also mention that 365BinaryOption is known to be a very innovative company. They have just updated their website to provide the latest technology to their clients and keep them satisfied.
If you like to trade on the go, 365BinaryOption offers choices to ensure you do not miss out on opportunities when you’re away from your computer. They have a free 365BinaryOption App for all types of mobile devices, so go ahead and download it if you can’t trade from your computer back home. All in all, the platform is extremely good . It is safe, fast and efficient, and we can honestly say that we are impressed. But let’s see what else there is to explore in 365BinaryOption Scam Test .
365BinaryOption Scam Test | Deposit and Withdrawal
As already mentioned, 365BinaryOption protects the communication with traders with the latest encryption technology – 128-bit SSL encryption. This ensures that all personal information and data are always 100% safe and secure, preventing cyber thieves from any illegal actions.
In addition, deposits and withdrawals are very easy. Registration only takes seconds, and after it a standard verification procedure follows, so that your 365BinaryOption Account can be activated. You’ll need to provide the broker with some personal information (a copy of ID that confirms your current address and a copy of your credit card if you decide to use it as your deposit method). After getting verified, you can make your first deposit and there really are a lot of options at your disposal here. Many different credit and debit card brands are available, from Visa and MasterCard to Dankort, but you can also use electronic payment methods, too. The likes of Skrill, CashU, UK Cash, Neteller, and others should be more than enough.
With their minimum deposit amount set to 200 GBP, USD or EUR and considering the fact that their minimum investment kicks off from 10 USD, we can say that 365BinaryOption is a bit below the industry’s average when it comes to financial requirements, which is a great piece of news for all traders.
If you want to talk about withdrawals, this process is also one of 365BinaryOption’s strengths. The minimum withdrawal is set to 100 GBP, USD or EUR and all requests are processed back to the source of funding. If the amount to be withdrawn exceeds the amount originally deposited, the difference is sent via bank transfer. We tested the process ourselves and are happy to say that we can recommend this broker. It took 48 hours to process our request and then the money appeared in our bank account within 5 days, just as promised. The transfer was a complete success and we could move our 365BinaryOption Scam Test on.
365BinaryOption Scam Test | Service
In case you need any assistance or support outside of the platform, 365BinaryOption provides some useful options here as well. You can contact their representative by telephone, live chat, and email. There are five local branches for 365BinaryOption in Australia, Singapore, Ireland and South Africa. For the purposes of this 365BinaryOption Scam Test, we contacted support team via email and live chat and were impressed with speed (it took less than 5 minutes to get a feedback) and expertise. Superb! But if you are just searching for necessary information, you can check out the FAQs page or watch HD video tutorials. We examined the materials available in Education Center and highly recommend taking the full advantage of e-books and courses. They should be helpful even to skilled and experienced traders.
365BinaryOption Scam Test | Feedback
We looked through many reviews and comments regarding 365BinaryOption, and most users are satisfied with their trading experience. They all have positive impressions concerning friendly and professional customer service, on-time withdrawals and 365BinaryOption Bonuses received after the initial deposits. Of course, there are some negative feedbacks, but most of them come from disappointed traders who lost their money due to their own wrong trading decisions. 365BinaryOption encourages all traders to develop their skills and have a reasonable approach to trading. Some of the users complained about the verification procedure, but it is general practice for all trading and investment companies.
To finish this 365BinaryOption Scam Test off, we will point out that all reviews from trusted sources are very positive.
365BinaryOption Scam Test | Conclusion
365BinaryOption is a recognizable and trusted name in the binary options industry. As all other top binary options brokers, this company offers all kinds of assets, but it stands out from its competition thanks to its regular and reliable withdrawals, excellent support team and very detailed educational resources. The platform works conveniently online, which allows you to access it from any computer. So, 365BinaryOption is obviously not a scam and that’s what you need to take away from this 365BinaryOption Scam Test. Open an account with them and trade without a care in the world.
What are Binary Options? – Honest Review
Binary Options is a financial instrument to trade on long or short markets in a certain period of time. The Trader only got 2 options: Win a high amount of money (75% – 95%) or lose the investment amount for this trade. It is like betting on rising or falling markets. Binary Options are very flexible. It is possible to trade any financial market and use different time horizons (starting from 30 seconds).
- Call (Higher): Make a forecast for rising markets
- Put (Lower): Make a forecast for falling markets
Make a forecast for the future price direction
In this article, I will show you exactly what are Binary Options and how do they work. Knowledge is the key to success. Read about the risk and the opportunities to make money in the following text.
Where to trade Binary Options in 2020?
In the next steps, I will show you how Binary Options (Wikipedia article) work. You will understand it in a few moments. But first of all, where to trade Binary Options?
You will need a Binary Options Broker (see the table below). I searched after the safest companies which give the highest return for traders. There are different companies around the world who provide this financial service. You can open a free demo account. This is an account with virtual money so you can learn how to trade without risk.
- You need a company (broker) which provides the financial service (Binary Options)
- Open a free demo account with virtual money (Virtual trading without risk)
Broker: Review: Regulation: Yield: Advantages: Open Account: 1. IQ Option (5 / 5)
CySEC (EU) 100%+
2. Olymp Trade (4.8 / 5)
High Yield 92%
3. Expert Option (4.8 / 5)
VFSC, FMRRC 90%+
Is Binary Options Trading safe or not?
Safety is the most important point in online investing. You should choose a good and reliable broker which is safe. I recommend using a regulated company for your investments. Have a look on my full Binary Options Broker Review to find the best one. There are regulated and unregulated companies for trading. It always depends on the broker to trade safely Binary Options.
I did a lot of research and clearly, I can say that a regulated broker does not cheat to its clients. Normally unregulated brokers do not cheat too. But it is not 100% safe because sometimes these are small and unknown companies.
It is safer to trade with a regulated broker than with an unregulated one.
In conclusion, you should use a regulated broker for trade Binary Options safely. It always depends on the Broker if it is safe or not. Do the research by yourself and read my review about the broker on this website.
Example of regulation or license
Safe and well-known regulators are:
What you really need to know about online platforms:
There is a huge diversity of Binary Options Platforms and you have to check out what is your personal favorite. Nowadays developed software is very flexible and available for any device. It is possible to trade with the computer (browser and desktop), smartphone and tablet. That means you can trade from everywhere around the world if you got access to the internet.
Especially for a beginner sometimes it is hard to learn to trade with a new platform. There are a bunch of options which can confuse you. Most brokers will give you education material like video tutorials or step to step guides. Also, you can ask the support for help by phone, chat or email.
A platform for any device
Flexibility and charting are provided by the platform. You can do a personal chart analysis with indicators, technical tools, and different chart types. Sometimes you will get access to economic news directly in the platform. Indicators are known for giving you feedback on the market price at the moment. They are customizable like you want. So it is possible to analyze different timeframes.
Today Mobile Trading is one of the most important factors for trade successfully. It is a great opportunity to boost your profit. In the past traders could not trade online or via mobile phone. So the options were much lower for making a profit. Apps are available for Android and iOS users or any other device. Check out your trading account 24 hours per day via your mobile phone.
In my opinion, it is better to use the web-based platform with your computer for analysis. Often there are a lot more functions than in the app. Furthermore, you can see the chart more detailed and a higher range of it. Professional analysis can be made by using a computer.
Binary Trading Tutorial | Step by Step Guide
As a trader, you can choose between a lot of different assets on a Binary Options Platform. You can trade Forex, Stocks, Commodities, Cryptocurrencies and more. This trading tutorial will show you how it exactly works to trade the financial product. The process is always the same as you see in the video and picture below. Just practice it in a free Demo Account.
Learn how to trade successfully
Now you have to imagine and predict the asset price direction for the future (forecast):
You can use the specially programmed trading platform of a Binary Options broker to analyze the charts and get trading ideas. It is very important to have a good working strategy for maximum profit. Beginners should use technical analysis for trading the chart. On the broker platform, you can learn more about it in different education videos/centers.
Therefore every Binary Option expires after a specified time. You can use the time horizon between 30 seconds or 5 months or more. Sometimes it depends on the broker. As you see you can trade short-term or longterm Binary Options.
After you have decided on the direction and the expiry time for your trade you can “sign” the contract with your broker. Just click the call or the put button. On some platforms, you have to confirm the trade.
- Call (Higher): The price will go up in your expiration time
- Put (Lower): The price will go down in your expiration time
If you are right in your decision, the broker will pay you a high asset profit of 75-95%. The trade automatically closes after the expiry time. Sometimes the broker allows you to close the trade before the expiry time ends. That is a way to reduce the impact of a wrong decision.
That means if you invest the amount of 100$, you can earn the amount of 195$ on a certain time horizon. 100$ is the return of your investment and 95$ is the profit.
Binary Options Platform Tutorial for beginners
- Search for an asset with a high profit. If you trade the assets with the highest yields in conclusion from my experience the result will be much better in the end. Some Binary Brokers offer you different account types with different asset profit.
- Analyze the chart on the platform. You can choose different time frames, indicators or financial news for your strategy. Every Binary Broker offers you some educations, too. Learn in webinars, videos or coaching the best strategies of the world.
- Now you should select the expiration time of your Binary Option. There a lot of possibilities for your trade. Some traders like it to trade short-term options and some other traders like it to trade longterm options.
- Choose an amount you want to invest in your trade. The most time it starts at 1$.
- At latest trade the Binary Option with a call or put. There are only 2 options in the market, that’s why it is called “binary”. In the end, you earn a high yield or you lose your selected amount.
What are the conditions Binary Options Trading?
You can trade any asset with Binary Options. It can be stocks, commodities, forex or cryptocurrencies! Most brokers give the option to trade more than 100 different assets. The expiration time depends on your broker. Some companies provide Binary Options with a time horizon of 30 seconds or less. These days you get a lot of different options on every broker.
- Trade stocks, forex, commodities, cryptocurrencies, and more markets
- Choose between a diversity of time horizons (short-term – longterm)
Yield – The return of investment can be high as 95%+
As the time horizons, the yield (return of investment and profit) depends on the broker. Often there is a possibility to get a high payout of more than 90% of your investment but there is no rule for the value of the yields. Sometimes short-term trades got the highest payout and sometimes long-term trades got the highest payout. In comparison to my experience, the yield is between 70% and 95% for standard accounts.
Another way to boost the yield is to get a VIP account type. Most of the brokers offer different account types, which are linked to the deposit amount. For example, you will get a VIP account if you deposit more than 3000$ on IQ Option. Not every broker got the offer of account types but you should search for it if you plan to invest a high amount of money.
Are Binary Options risky or not?
Binary Options are risky to trade, but there are advantages why the risk is less than trading other financial products. Especially new traders fear the loss of a high amount of money. With binary trading, you can only lose your bet amount. Traders clearly see what they can lose in a trade. Compared to other trading instruments this is a big advantage because the risk is limited always.
Another advantage is that you get a high asset payoff no matter how much the market moves. The asset price just has to be above or under the entry point. Traders like this financial product because it is so easy to understand and to calculate the risk and the trade profit.
Only invest the money which you can afford to lose in the worst case.
Binary Options Demo Account – Yes or no?
It is very important for beginners and new traders to practice the Binary Options Trading. Most brokers give you a free demo account. It is an account with free virtual money. You can always recharge the account with one click. It is risk-free trading.
Every trader should learn more about the trading platform before he is going to invest real money. Also, you can learn new strategies or try out different methods on the market. First, develop your own strategy with virtual money.
Most brokers offer a free demo account.
Opening your first real account
For trading with real money, you have to fulfill different criteria. On most brokers, you can trade and deposit without verification of your account. In my opinion, every trader should verify his account before deposit money. This can prevent annoying errors and waiting times. For a full verification, you need to complete the account setup.
Sign in with your real personal data. That includes full name, birthday, real address, email, and your phone number. After that, sometimes you have to upload the required documents for the broker. The company checks if you are a real person. Upload a picture/copy of your Passport. Sometimes they require a utility bill too. In most cases, the verification only takes 24 hours or less. With some companies, you do not need this verification process.
How much money do I need for Binary Options Trading?
You can start trading with a very low amount of money. Especially on IQ Option, you can open a live account with a 10$ deposit. The minimum trade amount is 1$. The upper limit is open for your trades. Have a look at my reviews to find a broker which fulfill your requirements
From my experiences as a trader, it is possible to make a huge amount of money with the right strategy. Binary Options are the tool for trading with a small or big amount of money.
Facts about the deposit:
- Start with only 10$ in your account
- Trade with 1$ per trade
- You can easily trade with high amounts too
- The minimum deposit depends on the Binary Options Broker
Easy deposit and withdrawal
As mentioned before the deposit is easy as the withdrawal of profits. On most brokers, there are not any fees for deposit and withdrawal money. For payments, you can use more than 20 different methods. It is possible to capitalize on the trading account in a few seconds. In most cases the payout takes the time of 24 hours depends on your broker.
Payment methods are depending on the broker:
- Credit Cards (Master/VISA)
- E-Wallets: Skrill, Neteller, FasaPay, ePayments, Yandex, and more
Get a free Bonus for your deposit
The most brokers offer a free bonus for your deposit or risk-free trades. The bonus amount depends on the deposit amount. It can be a 20%,30%,50% or 100% bonus. In other words, they give you a higher bonus for a higher deposit. Furthermore, some brokers allow trading risk-free trades. If you lose a trade, the broker pays back the lost money in the form of a bonus.
The bonus is not completely free. Sometimes traders have to trade a high turnover of the bonus. For example, make a turnover of 30x of the bonus to get the bonus withdrawn. If you are not satisfied with the conditions in most cases you can deactivate the bonus. A bonus is a good opportunity to grow a bigger account and trade with more money.
Get a free bonus now
Can you really make money with trading Binary Options?
The key to your success is to get a good education and find a professional strategy. In addition, you have to control the risk with sensible money management. In this article, I showed you an insight into profitable trading with Binary Options.
It is easy to make money with Binary Options but you have to be prepared. The markets are not easy to trade for beginners and it takes time to trade profitably. You will not see success directly. From my experience educated traders do not blow up the account. They earn money constantly. Read through my other pages to get deeper knowledge.
- Education: This is the most important point for beginners. You should be prepared for the markets and know how the financial product works. There are different tutorials on the broker webpage or on my website to learn the functions. In addition, it should be easy for you to use the trading platform of your broker. Just practice in the demo account until you feel comfortable. Moreover, most brokers offer deeper knowledge. There are webinars, coachings, and tutorials. Education and knowledge is the key to making money with Binary Options.
- Strategy: Develop or learn a professional strategy for trading. You have to know what you are doing in the market. It is like a system for you which always have to repeat. Without a proper strategy, you will blow up your account. There are different ways to learn a strategy. Use the knowledge of a broker or my website.
- Money Management: most traders fail to control the risk. In my opinion, money management should be sensitive by using 0,5 – 3% of the account balance per trade. Sometime a losing streak will occur. By using sensitive money management you can trade without emotions and you can trade enough trades without running out of money.
In conclusion, you can really make money with trading Binary Options but you have to learn and invest your time in the right knowledge. The demo account is the best way to practice before you start investing real money.
Are Binary Options legit or not? – My scam review
In my opinion, Binary Options are not a scam for your money. The financial product gives you the possibility to invest in short or longterm opportunities in the market. Binary Options are so popular because they are so easy to understand and you can make a lot of money in a short time.
It is very important to choose a good broker. Some small brokers are scamming users, that’s why a lot of people think Binary Options are a scam. Definitely, it is not a scam if you trade with a safe company.
Basic trading checklist for beginners:
- Choose an asset you want
- Forecast the price movement
- Choose a variable expiry time of the trade
- Bet an amount starting 1$
- Trade a call (long) or a put (short) option
- Get profit
- Payout the profit
On this site, I have shown you how the financial product is working. I think you can easily understand it now and start trading with more security. On my other sites, you can learn more about Binary Options. Happy trading.
How to avoid scams as beginner
The problem of Binary Options is that they are not a scam, but some brokers or financial educators are scammers. Every time before you start investing real money you should do a sort of research. You should pay attention to real reviews or advice from professional traders.Best Binary Options Brokers 2020:
Perfect For Beginners!
Free Trading Education!
Free Demo Account!
Get Your Sign-up Bonus Now!
Good Broker For Experienced Traders!