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Understanding Binary Options For Beginners

The best binary option trading platform is a tough question binary trading pictures . I can’t in good conscience recommend any . But some platforms are outright scams… Consider this article harm reduction . Binary options trading is already very risky . That’s why you don’t need the extra hassle of dealing with a bad binary option trading platform . The problem here is that a LOT of binary option trading platforms are scummy . I don’t trade binaries myself, but — as in every kind of trading — who you trust with your money is important . In this article, we’ll delve into what makes a less-bad binary option trading platform . Let’s dive in!

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Table of Contents
  • 1 What Is Binary Options Trading?
  • 2 How Risky Is Binary Trading?
  • 3 Our Criteria for Selecting Options Trading Platforms
    • 3.1 Years in Business
    • 3.2 Regulatory Status
    • 3.3 Asset Offering
    • 3.4 Minimum Deposit Requirements and Trading Amounts
    • 3.5 Deposit and Withdrawal Methods
    • 3.6 Demo Accounts and Virtual Trading
    • 3.7 Mobile and Desktop Availability
    • 4.1 1. Pocket Option — The Beginners’ Binary Options Trading Platform
      • 4.1.1 Why We Like It
      • 4.2.1 Why We Like It
      • 4.3.1 Why We Like It
      • 4.4.1 Why We Like It
      • 4.5.1 Why We Like It
      • 4.6.1 Why We Like It
      • 4.7.1 Why We Like It
      • 4.8.1 Why We Like It
      • 4.9.1 Why We Like It
      • 4.10.1 Why We Like It

      Introduction Understanding Binary Options For Beginners

      Understanding Binary Options For Beginners 1 © Millionaire Media, LLC Binary options trading is a trading method where you predict an option’s “moneyness” — the intrinsic value of the option binary options brokers in the us . These options are called binary because you only have two answers and two outcomes.

      Trading binary options is a guessing game. You guess whether an option will meet or exceed its strike price when it hits the expiration time. If you’re right, you make money. If you’re wrong, you lose the initial investment.

      How are binary options different from stock options ? Stock options still have an underlying asset . The binary options market trades on pure predictions without assets involved . If you think the asset price will meet its strike price, you buy the option binary option cara kerja . If you don’t think it’ll meet the strike price, you sell the option.

      People often call binary options a type of gambling because you win or lose everything. Either you’ll get the maximum payout or get nothing, with few in-betweens. This is also why binary options are also called all-or-nothing options.

      Just like regular options, the binary market covers different assets binary options without verification . Some examples include:
      • Foreign currency pairs
      • Stock indices
      • Commodities
      • Economic events

      Learn more by reading my guide about the basics of binary options trading.

      How Risky Is Binary Trading?

      Binary trading is very risky because it’s all or nothing.

      Sure, you can get a big return on investment if you’re right. But you’ll lose everything if you’re wrong. That’s one of the main reasons why people compare binary options trading to gambling.

      It’s also why binary options traders can’t follow Rule #1: cut losses quickly.