Binary options were popularized after the 2008 global financial crisis. This form of financial trading is particularly attractive to market participants who are interested in any of the 4 categories of investing: Commodities, Equities, Shares and Currencies. However, in binary options trading – as the name suggests – there are just 2 potential outcomes: You’re either in the money or you’re out of the money. Binary options trading is akin to wagering at a casino, however your options are more favourable since you have a 50-50 chance of making the right decision. You are tasked with deciding whether the price of the underlying asset will increase or decrease by the time of expiry of the option. Binary options allow for self-regulation in the financial markets and they are also ideally suited to balancing out equities by way of speculation that the company’s stock will decrease in value if it is overvalued, or increase in value if it is undervalued.
In essence, binary options trading is all about speculating about the future price movement of an underlying asset. The price of that asset will either increase at the time of expiry or decrease at the time of expiry. If you are correct in your assessment, you will be in the money, and if you are incorrect in your assessment you will be out of the money. As such, all of your risks are known from the outset, and all of your potential profits are known up front too. Before you even make a trade you are fully apprised of the risks and the benefits of placing a call or put option. Additionally, binary options trading gives you the perfect opportunity to enter the financial markets with very little money down. And you do not need to place large bets on any underlying assets as you would in pure forex trading or stocks trading. At TopTenBinaryBrokers.com we will introduce you to the most cost-effective binary options trading platforms on the planet. You will gain a thorough understanding of these markets and the way they function.
Here at TopTenBinaryBrokers we endeavour to provide you with pertinent and useful trading information relating to binary options trading. You will also find plenty of useful content relating to trading currencies online. The reason for doing this is to make it much easier for you to understand the functionality of the market mechanisms, and the impact of economic data on your trading decisions. By going through our articles, updates and analyses, you will broaden your trading horizons and make better decisions. Be sure to check out all of our online trading guides, strategies, articles and other didactic data related to binary options trading. We bring all the latest breaking news from the financial markets direct to you.
Believe it or not, trading binary options is really simple. You can initiate your trades from just about anywhere – at home, or on the go, or even in the office. No prior experience is needed to start trading binary options online. The first thing you need to do is to pick a professional broker in order to start trading. You will be required to register an account, verify the account, make a deposit and then forecast the future price movement of the underlying asset. In truth it is much easier than it appears to be. And the best part of trading binary options is that it can be done around the clock. You have a wide range of financial assets to trade including currencies, commodities, indices and stocks. You can adopt a short-term approach to trading in as little as 60 seconds, or a long-term approach to trading which extends as far ahead as several weeks, months or even a year in some cases.
The most obvious motivation is profit. Are you aware that binary options trading has the potential generate profits in the region of 65-91%? That being said, please be advised that traders can also lose their entire investment. This is why binary options trading has taken off in the UK, Europe and indeed around the world. Perhaps the most impressive aspect of generating profits in the region of 65% – 91% is the timeframe within which you can do it. You’re actually able to generate massive profits in as little as 1 minute. However, because these trades are binary, please be advised you can just as easily lose your investment in as little as 1 minute. Investors and traders rarely see such high returns on equity in any financial assets and any trader should be aware that trading binary options can be risky and might lead to the loss of the total investment.
It is important however to understand that you never take physical possession of the assets that you’re trading; you’re simply speculating on the future price movement of the underlying asset. By forecasting price movements, you are essentially taking a position and a caveat is that the trade can go in your favor or against you. Should your prediction prove correct, you will end in the money. Unlike stocks trading and Forex trading, the actual size of the price movement is irrelevant – only the direction matters. Other added benefits include the fact that there are no fees, commissions or hidden costs involved in trading binary options. You make the trade and you collect your profits. However, often times if you lose on your binary trade, the company you made the trade on will profit.
Your success as a trader is largely dependent on the trading platform you select from the get-go. The last thing you want is to pick an unsavoury binary trading platform with which to conduct your trading activity. Fortunately, here at TopTenBinaryBrokers we have sifted through all of the binary trading platforms on the market and we are happy to present you with the crème de la crème of trading platforms. Without the expert assistance and guidance of objective sources, it is difficult to ascertain the credibility of any particular binary options broker. We have left no stone unturned in our quest to unearth the finest binary options brokers out there. Rest assured that we have tested every aspect of these brokerages from customer service to deposit & withdrawals, trading options, tradable assets, payouts and innovation among others.
Whether you are a novice trader or an experienced trader, you will certainly benefit from a wide range of tools and resources out there. One such service available to you as a binary options trader is known as a trading signal. Consider for a moment that you may have multiple trades on the go simultaneously. It can become a little confusing, if not overwhelming to follow each of these trades in real time. This becomes especially important when the number of trades increases and the funds that you have invested in those trades increases. Trading signals allow you to receive automatic updates about important market information, and therefore allow you to track your binary options trades with greater precision.
It should be stressed from the outset that no technology is fool-proof. Trading signals are only as good as the algorithms used to create them, which in turn are fully dependent on the people that designed them. There are many inherent benefits to using trading signals, however and these relate to their ability to notify you via SMS of important economic updates, price movements and related information. Specialised trading signal services claim to offer returns of approximately 70% or more and these can prove highly useful when you need instant updates wherever you are. Investors have been using trading signals software for quite some time now, and the efficacy of them really depends on the source, reliability and accuracy of the software provider. As a rule, it is definitely worth considering trading signals as part of your trading resource kit but you should not rely entirely on these either.
TopTenBinaryBrokers is a fully comprehensive binary options trading resource centre designed expressly for your benefit. We have no interest in any of the brokers we are promoting – our reason for being is the education and success of our traders. The following areas are covered by us throughout our trading guides, articles, analyses, updates and tutorials:
TopTenBinaryBrokers will give you all the knowledge you need to understand how to use trading tools. All of the trading tools we discuss have been updated with the latest market information.
Despite what you may have heard about binary options trading, it should be stressed from the outset that these are really simple trading options. The way they work is even easier to understand: You place a call option or a put option. TopTenBinaryBrokers will explore in detail precisely how each of the trading tools works. That way, you will gain an in-depth understanding of every single component of your overall trading strategy. By knowing how use the tools, you will empower yourself to make more winning trades.
There are those who say that binary options trading strategies are difficult to master. However, binary options are among the easiest of all the trading options available to you. In fact, you can enter the binary options trading arena with little or no knowledge and still be profitable. While the ease of trading makes binary options an attractive investment opportunity, it is similar to trading other financial instruments in that prior research, caution and financial planning should be exercised. However, nobody wants to go into an investment blindfolded and for this reason we encourage you to maximize your understanding of binary options trading strategies.
TopTenBinaryBrokers is your #1 resource for the most comprehensive trading strategies on the market. We will walk you through each and every single trading strategy you need to know to make simple trades and complex trades. Remember that your goal as a binary options trader is to anticipate the future price direction of an underlying asset. There are ways and means that you can do this, notably utilizing correct trading strategies. Strategies extrapolate from past performance, present market conditions and future market uncertainty based on a slew of economic data, charts, graphs, trends, analysts’ opinions, moving averages etc.
The fact of the matter is that the most profitable traders often use the simplest trading strategies.
When you read a binary options broker review, how do you know if it is credible or not? Who wrote the review? These are important considerations when you are evaluating binary options brokers. TopTenBinaryBrokers comprises an expert team of objective financial advisors and trading experts who have independently tested and validated the veracity of these binary trading platforms. There are hundreds of binary platforms out there, and sifting through them would simply take too much time on your own. That’s why we provide you with the Top Ten Binary Brokers!
TopTenBinaryBrokers is deeply invested in educating you – the trader – with as much information as you need to know in order to become a successful binary options trader. Everybody knows that the right knowledge is worth its weight in gold if applied correctly. We will show you how to put all of the information we provide you with to good use. Learn how you can profit from the trading data that we provide you right here at TopTenBinaryBrokers.