Binary options – The new way of trading
If you are a great user and visitor of the Internet, then for sure you have come across a site or a web article that talks about binary options. Commonly, this term is associated with different terminologies, such as Forex, Trading, Investments, Money, Cash, Binary Options broker, binary options platforms, auto-pilot and many other more.
It is very important that in order to proceed you can understand what you will come across to quite often on the Internet. In addition, if you have not yet come across this term, then do not worry, as sooner or later this will happen to you or you will start listening to people talk about binary options; and don’t even mention that this can happen to you if at any time you search or make some research on making easy money on the Internet or work from home opportunities.
What are digital options?
Binary options are a very recent, to many still new, way to make money online through binary option platforms that operate thanks to a binary options broker, such as the well known and popular broker BDSwiss and in some cases even to more than one. Their clients make investments through these platforms and invest and trade online with different assets and stocks.
The popularity of binary options grows every day a little bit more thanks to its ease of use and the speed with which you can learn about how effective they are, reason why it is recommended that you do not waste a minute more and you keep on reading this article to known in depth what binary options platforms are all about.
Binary options are one of the easiest available options within the trading industry, and no matter if its popularity grows every day more and more, its effectiveness has not been damage and a lot less the great profits they have as an outcome that many clients take into their pockets all the time.
Basically, binary options base on two, no matter the redundancy, options: win or lose. There always exists a risk when making this type of investment, but nowadays, most of the binary options platforms offer the exclusive and totally revolutionary way of trading with an auto-pilot robot, which will develop and be in charge of the trades on your behalf, and the best part is that it will not take any of your profits!
Binary options can consist of different factors, assets or stocks. The most well-known ones within binary options are: indexes, assets, products and foreign currency.
How to find the right broker?
Basically, the binary options platform could not survive, better said, they would not even exist without the presence of the acclaimed binary options broker or well all the available binary options brokers variety.
If you are going to trade online, then it is very important that you choose the right binary options broker. Its quality should not be compromised at any point, that is very important as it affects its quality directly in the functioning of the broker, its effectiveness and the outcomes of the online trades with binary options.
That is why first you need to choose the right binary options platform. There are many available, but what is more important is that you get to know the binary options platforms that you have in mind. Every platform can look very similar to the rest, and they can even offer the same, but don’t let yourself be mislead!
All the platforms, at least the most well-known ones, work very similarly, but they always have a different feature that makes them stand out from the rest: this could go from special bonus, exclusive services, different options of binary options broker, variety of the minimum deposit required, even a free demo account that is offered by IQ Option, for example and many other more.
It is very important that once you have chosen the binary options platform you take into account and know the binary options broker that works hand-to-hand with said platform. Even if your binary options platforms range of options look similar, what can be recommended is that you make a research on the binary options brokers that work with them and this way you can make some research to see what you will come across with.
Something very important that you should know is if the binary options broker is regulated or no. There are so many offers around Internet, so it is very important that no matter how appealing a broker can look, you need to opt for one that is regulated, which means that is legally guaranteed.
Many concepts and ideas about binary options could be given. But what is really important is that you have these questions handy when you are going to make your decision and that you identify some of the factors detailed below:
- Is the broker regulated by law or international entities/institutions?
- In which platforms is present the broker?
- Which type of brokers are available?
- With which assets, indexes, stocks, etc. does it work to make the online trades?
- Which kind of support and customer service assistant offers the broker? How can you get in touch with them and how fast do they come back to you?
- Is the auto-pilot feature available?
- Is it possible that a beginner makes use of the platform? And what about someone that does not have a clue about binary options, trading and more?
Regulation of digital options brokers
As there exist so many binary options brokers on the Internet and even within the Forex market, it is mandatory, or at least highly recommended that you choose a regulated binary options broker. For most of the trades, that is to say people who make online trades, the most important factor when it comes to trading online and investing money, is that the binary options broker is regulated.
Whenever it comes to making a decision about which binary options broker you should go for or whether this one is regulated or not, it is important that first you know whether your own market is regulated or not, as this depends on the countries such as Canada and regions.
In case your market does not allow online trades, then maybe your best option is to go ahead with a non-regulated binary options broker, but in said case it is very important that you make some good research and that you read reviews from other users from different markets who are in your same situation, or even in worse circumstances. Thanks to technology, you will be able to find all of this information available on the Internet whenever you want it or need it.
The way in which a binary options broker is regulated depends on the place, that is to say the country where the broker is registered. Another important factor is the place that acts as the operation base. These two factors are key when it comes to setting the way in which a binary options broker is regulated.
Basically, you can give it whatever name you want, registered, licenses, regulated or whatever else, what is important is that you grasp the concept and what this means.
One of the most recognized entities, where more than 20 binary options brokers, including the reputable broker Anyoption, are registered is CySEC – Cyprus Securities and Exchange Commission. Now, it is important as mentioned before, the different factors that have to be considered at the moment of choosing a binary options broker and clearly the fact that the binary options broker is regulated is key and should not be overlooked.
Offers & Bonus
As well as many binary options platforms, OnlineScam.net also offers to access some information that will call your attention. It will all depend on which the binary options broker of your choice is (or the brokers), but this will give you the big opportunity of maximizing your profits that will change your life and also to access some bonus depending on the online trades you make.
This should also be a factor to take into account when choosing binary options platforms, as these bonus will maximize your profits and will bring you more benefits to change your lifestyle and achieve everything you have always dreamed of.
The different types of bonus vary according to the binary options platforms and the binary options broker. Some binary options platforms give you the opportunity to access some discounts on the minimum required deposit you need to deposit in order to start trading online, others allow you to update your account and get an upgrade to a better type of account.
Making online trades with binary options is more attractive when bonus are available. Nowadays, most of the binary options platforms count with this traditional way of making even more money, the bonus. In addition, according to your experience level, this bonus will vary if you are a complete beginner, intermediate or a full professional.
If you would like to understand better what a bonus is, you can see it as something extra, like a special offer or simply as a promotion you can access according to the profits you have made with the binary options platforms.
Risks involved when trading with digital options
As you may already imagine, and it’s almost obvious that you have heard of this, there are indeed some risks involved when trading online with binary options. As well as with any other type of investment, first it exists the risk of losing, as well as the great opportunity of winning.
In order to avoid the risks, or what is known as risk management, what will be always recommendable is to choose binary options platforms and binary options brokers that give you confidence, that are regulated and that are recognized and one that you have made a lot of research of.
Of course, there is still a chance that you can lose, but risk management will be even smaller thanks to all the factors that are being taken care of and this way you will have more tendency to winning and to make bigger profits with binary options.
There always are ways to reduce the risk of losing and that is when strategies come into life. Many binary options platforms have an auto-pilot feature, an ideal option for those ones who do not have a clue about binary options. But, what happens with the experts or the risk that beginners take? If you plan your own strategy, if you select the assets, indexes and more, which you have studied and analyzed and which the platform can even guide you, then risk management will be better taken care of.
There will always be risk taken with respect to the market and how this one can fluctuate, if you are going to invest all the money that you have earned or if you will go for smart decisions and will just invest part of the money in order to generate more and more profits, and in case you would lose, the lost amount will not be as high as if you would have invested all of your profits and this could lead you to run out of money to continue trading and investing and maximizing your profits.
Of course, such decisions should be based on information. Sometimes reliable information is hard to come by. Therefore traders may prefer it if the information is displayed via the trading platform in any way. One broker that provides that information is the digital option broker 24Option.
Moreover, one of the factors that have been considered one of the most important elements to take into account when trading online with binary options is the capacity to be able to limit the initial exposition and just make online trades with the money that you know you can with if you would end up losing (no matter no one ever wants to lose!)
There exists a famous rule, kind of a golden rule, even followed by most of the main professionals and this one says that you should not risk more than 2% of your profits. Now it can seem to you a very small amount of money, but when big amounts of money are at stake, 2% of the profits will be a lot of money and you will try to make everything to avoid risking losing this money, or?
This is the reason why many people who just start trading with binary options opt for a demo account. Demo accounts are offered by many binary options platforms and they allow seeing a real simulation or rehearsal of how the market and the different online trades with binary options work.
The only difference is that in this case if you select trades or right investments and if you end up winning a lot of money, all of this money will not be transferred into your bank account as you will be dealing with virtual fake money. But you should see this as something positive, it is a great way of learning and get trained so that they you can eventually start winning non-stop.
As you can imagine, training is very important when it comes to trading binary options. Not alone training but also a sophisticated trading platform, a competent and polite customer service and the possibility to trade while on the go. Such a broker is BDSwiss, which has been able to build up a positive reputation and calls itself one of the leading brokers in the field of binary options and Forex trading.
So pay attention, whenever you need to make your decision about which binary options platform to choose, have a look and see if they offer a demo account, as it will not only help you get started in the binary options industry and online trades, but also will allow you to have access to the platform and interface and see how it works, which features it offers and many other options that you may be unconscious of now when making your research and that are actually available and can make a binary options broker stand out from the rest and become your chosen one.
See the platform as a whole!
To minimize riskes:
- Stay objective
- Weigh risks and chances
This demo account would be giving you the chance of not losing time and not risking your profits. Thanks to a demo account you will know what you like and see if you find yourself using a certain type of broker or not. What is better than that? But, be cautious. Remember to recall everything that you have read in this article, before choosing a broker.
It is important that you pay attention and that every time that you make some research, this one is in detail and that you do not let yourself fool or tempted by the first factors that you see, but that you see a platform as a whole. Maybe, for example, a binary options platform in particular cannot offer a feature in particular, but it does offer a great bonus system and is regulated.
When making this type of decisions one needs to pay attention to the broker as a whole, to the benefits, to what one is exposed to and make some analysis. This is very important as it will determine the future benefits that you will profit from and not just that, but you will also be managing the risk of losing those earnings or part of them!