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The best Forex and Stocks brokers, binary options trading sites and Cryptocurrencies Exchanges!
We offer the best cryptocurrecies, stocks and binary options trading education, with over 3 years of experience in online trading, we will help you:
- Avoiding fraud on trading signals and robots
- Binary options strategies
- Beginner’s Guides
- Expert trading knowledge
- Best brokers for trading
- Trading platform reviews and tips
The Best Crypto and Binary Brokers’s Reviews
Our topic overview for learning Binary Options:
Binary guides
- Binary trading guide for beginners
- Best times to trade binary options
- 60 second trading
- Binary crypto trading
- Binary options tips
- Bnary signals
- Hack to win
Glossary
- A – Z
- Call binary options
- Greeks
- Place binary options
- Underlying
- Definition of binary options
- Definition of broker
Tools
- Profit calculator
- Martingale Calculator
- Money management calculator
- Indicators
- Binary demo accounts
- Binary Software
- Binary applications
- Managed account
Binary brokers
- Quotex
- IQ Option
- Pocket Option
- Olymp Trade
- Binomo
- Expert Option
- Exnova
Binary Strategies
- 5 best strategies
- Bollinger Bands
- Multiple deadlines
- Skirt
- 60 seconds
- Hedging
- Zero Risk
Our reviewed binary options brokers – start trading binaries here:
What are Binary Options?
Binary Options (Definition) is a new financial product launched and approved by the Securities and Exchange Commission (USA) in 2008.
It is known as the “All or Nothing” option because you can earn a high return or lose the value of your investment. You simply suggest a current price on the stock exchange to rise or fall within an expiry time using Binary Options.
If you’re right in a certain amount of time, you make a fixed monetary amount.
The term (expiration time of binary options) can be chosen by the trader on the brokerage platform. It is possible to trade options from 30 seconds duration up to 2 months duration or even longer. It only matters if the price is higher or lower than your strike price when the expiry period ends.
Digital options are offered by OTC (Over the counter) Brokers who are matching orders between different traders.
he investment amount can be as little as $1 or as high as $1,000. It depends on the platform where you trade binary options.
Even if you are a beginner in binary trading it is possible to start with a free demo account. This means that you are trading with virtual money and not risking real money in the markets.
To start binary trading, follow these steps:
- Choose the asset you want to trade
- Predict future price movement (up or down)
- Choose option expiration time
- Choose investment amount for trading (starts at $1)
- Start trading and enter the market at the strike price.
- Wait until the expiry time ends and the binary option expires
- Price must be above or below your strike price (depending on the trade direction)
- Get up to 100% profit or lose your investment amount
Also, read our complete guide on how to trade binary options!
Binary Options is a simple trading product with limited risk. There are only two ways to trade it: you have call options and put options. Call option means you say a binary options market will rise above a certain price in a limited expiry time.
hat you say a binary options market will fall below a certain price within a limited expiry time.
Benefits:
- Limit the risks
- High profit available
- Short and long term trading
- Easy to understand
- Professional platforms available
- Can be used for coverage
- Can be used in any financial market
Disadvantages:
- Can become addictive
- There are some bad brokers out there
- Not available in all countries
(Risk warning: your capital may be at risk)
Are binary options legal or not?
Many traders are asking whether binary options are legal or not. This question is necessary when talking about regulated and secure online trading. In the past, there were many scammers in the binary options industry. Many regulators raised awareness of these issues and began to further regulate the financial product. Nowadays it is important to use a trading platform that has regulatory oversight by an authority
Binary options are fully legal to trade in 99% of countries. There are some exceptions for retail investors:
- European Union: Binary Options cannot be sold to retail traders
- Canada: Binary Options are prohibited
- Israel: Binary Options are prohibited
- Australia: Binary Options not allowed for retail traders
Binary options are legal to trade:
The financial product is legal for trading for investors and retail traders. Even professional traders can trade Binary Options. A trader can simply sign up with a binary options broker and start binary options trading. Some of the binary options brokers are not regulated. So you have to be careful and check with your regulator if you can trade there. Most of the time it is legal to open a trading account.
Are binary options prohibited in Europe?
In the European Union, it is only allowed to sell Binary Options services to professional traders. This means that brokers in Europe can only accept professional traders for Binary Options trading. To be a professional trader you will need more than €500,000, a high trading volume or financial education. If you order 2 of these points, you can trade Binary Options as a professional trader in Europe. Also, you can trade with a broker outside of Europe, but this is not regulated. Most platforms were listed by Cyprus Regulator CySEC during the years 2010 – 2018.
Are binary options legal in the US
Binary Options is an official financial product in the United States of America. US citizens can trade Binary Options, but it has to be with a regulated broker verified by a US regulator in the US, such as the CFTC (Commodity Futures Trading Commission).
Frequently Asked Questions:
Binary Options can be used with high volatility or even low volatility markets. In most cases when Binary Options are used to make money or hedge an existing portfolio. Retail investors often use this financial product for short-term profit. Professional traders use this financial product to protect an investor’s account.
Binary options are not a scam. It is an official regulated financial instrument. Unfortunately, it is not available in many countries due to regulatory reasons. By choosing an experienced and well-known broker, you are on the right side of investing with binary options.
It depends on the definition of being “rich”. You can earn a lot of money from binary options trading, but on the other hand, it is a very risky method to trade the market. Most traders underestimate the risks when entering a trade. You will need a proper trading strategy and experience to make money
In the old days, there were many scammers in this market using fake websites or fake price charts to steal money from beginners. Regulatory authorities began to warn about this and even banned trading in the financial instrument. It is a very risky investment opportunity to choose when trading binary options. Bear in mind that you could lose all your invested money!
To calculate the profit, you can use our in-house tool, the Profit Calculator:
Using the tool below, you calculate profit or loss on binary options trading. Enter investment amounts, broker return and value of losing and winning trades. Then you see the overall result of your binary trading. For more information, you can visit our binary options profit calculator page.
The underlying asset of a binary option
The underlying market can be stocks, commodities, cryptocurrencies, forex or ETFs. It depends on the broker which assets are offered. Trading just buys or sells an options contract on these underlying assets. It is not an actual investment in the asset like buying gold from a retailer. You just trade the options contracts.
Expiration time of an option
The binary option always closes at a fixed expiry time. For example, you can trade 30 second, 60 second or even 1 month binary options. It depends on the broker you choose and what expiration dates are available. If the expiration date is reached, the price of the underlying asset must be above or below your target price.
Target price/strike price
A binary option has a fixed profit amount which is fixed by the binary options broker. The fixed payment can be 60%, 70% or even 90% of your investment amount. But remember that you can lose your entire investment if you make the wrong trading decisions. There are only two outcomes: You lose or you win. The fixed payout also depends on the underlying market you trade and the expiry time. There are sometimes three types of outcomes from a binary options trade: you lose, you win, or you get your money back when the strike price is exactly hit by the market.
Call option and put option
What are the methods of scam binary brokers?
A fraudulent binary options trading company does not meet any regulatory requirements. This does not mean that unregulated trading platforms are bad, but most of the time it is too risky to start trading with them. If you start your investment journey and get scammed by binary options companies, the following methods are common:- Deny requests: The broker denies your request to open or close a trade. This can be very painful in volatile binary options markets.
- No return of funds Binary Scam Broker does not return funds to your bank account or payment methods.
- Graphics manipulated in real time: Scam broker says it has the best charts and execution for trades but is manipulated.
- Fake account managers: Brokers will tell you that they have an expert team that can help you make money. All these people just want your money and have no good tips for your investment.
- Hidden fees: The broker will charge large amounts of fees, for example, when you try to make a cash withdrawal.
- Handled trades: The binary broker will manipulate your winning trades and turn them into losing trades.
What are some risks for investors?
CAs mentioned earlier, trading binary options is very risky. Beginners are usually impressed by youtube videos where traders earn thousands of dollars in few seconds. What they don’t see is that those traders that appear on youtube or any other platform are experienced and know what they are doing. You can copy their trading strategies but you won’t end up making money because of lack of experience in the market. You can lose your entire investment amount when trading binary options. This is the most underrated risk when we see beginners start trading. Sounds good that you can get a 90%+ return on the broker’s website. But if you are wrong, you have a 100% loss. There is always a downside to the risk-reward ratio of binary options for investors. So you need more than 55% – 60% or even 70% to make steady money.Emotions and gambling
Another high risk of binary trading is emotions and psychology. Online trading is sometimes like going to a casino for a beginner. You can win or lose! When losing too much money or too many trades in a row, traders tend to make irrational trading decisions because they want to recoup all the losses. From our experience, it can happen that a beginner starts killing his account because he can’t believe he lost money so quickly. Often many trades and high volume are traded. Learn to accept losses and keep using a trading plan!
Solution against the risk of losing money: Trading plan
Create a rigorous trading plan where you manage your trades. When using a trading plan, you need to consider the following facts:
- Money management
- Commercial entrance
- Commercial exit
- Trade expiry time
- The right investment value
- Stay tuned for market news
- Stick to your binary options trading strategy
The best way to lessen emotions is to have a trading plan where you have a set of rules. This also includes a proper strategy. For example, you say the 50-period SMA and 20-period EMA are crossing and the RSI indicator is oversold/overbought, so I start a trade and invest money. By not seeing this setup on the chart, you don’t enter a trade. This is just a simple example, you can add more and more rules to it.
About Us – Binaryfxtraders.com
Binary Options look like a high risk investment this is well known to beginners and even professional traders. It is a way of betting on the markets for profit or loss.
We have been trading for over 10 years and we love this financial instrument because it is a great way to earn money in a short time. The construction of Binary Option allows us to use special strategies que mostramos em nosso site.
We are experienced traders, analysts and content creators who want to help the public understand binary options. There is so much fake information and fake news about it on the internet. With our page we want to say “NO” to losses, scams and false information in binary options trading.
Learn more from our past experiences and mistakes. We will transparently show you how to be more successful in binary trading.
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