Binary options trading is the easiest type of trading available. Investors do not have to follow a specific schedule and can access any of their existing assets by accessing their accounts at any time.
No large investments are required
In the past, small investors were reluctant to invest because they invested heavily in trade. But now the scenario has changed and even small investors can easily trade in expensive markets. An investment of up to $ 200 will be enough to start trading in the market.
Simple and easy to understand
In general, financial markets are very complex and cover charts, analyzes and various indicators. Binary options trading is very simple compared to other forms of trading and does not require investors to understand such complex details. Investors only need to anticipate the direction of stocks and predict whether stocks will rise or fall over time. Based on market data and their intuition, investors can decide what to do with their binary options. By making the right predictions, investors can make a lot of money.
The investor is free to choose his expiration date. Investors can choose the life of a daily or hourly binary option contract and then be sure of the time they will receive their payments. There are also short-term trading operations for the investor from 30 seconds to 15 minutes. 60-second trading has become very popular, because you can earn up to 75% in one minute.
Trading binary options allows investors to use a variety of strategies to minimize the risks in trading. However, all strategies are based on proper money management. You should never trade more than 5 percent of your total capital. Most binary options traders use 2% of the capital for each consecutive trade. This is a very important point to understand and an instruction to follow. Managing money without proper risk becomes pure gambling.
In all other forms of trading, the uncertainty factor is very high and traders are very worried when investing. In the case of binary options trading, there is not much uncertainty because many parameters are predetermined and traders know the exact expiration dates.
Variety of options
Binary trading platforms generally offer traders a number of options. Binary options contracts offered to traders range from commodities (oil, silver, gold, etc.), Forex (USD / CAD, USD / JPY, etc.) and stocks (Facebook, Google, etc.). This allows the trader to freely choose any contract based on their interests and knowledge.