|Rank||Broker||Platform||Min. deposit||Min. Trade||Withdraw Score||Platform Score||Trust Score||Total Score||Visit Broker||Read Review|
|EtxCapital||Spot 2.0||Visit Now||Read Review|
|Stockpair||Proprietary||Visit Now||Read Review|
|HighLow||MarketsPulse||Visit Now||Read Review|
|Goptions||Spot 2.0||Visit Now||Read Review|
|OptionFair||Tech||Visit Now||Read Review|
|Opteck||TraderSoft||Visit Now||Read Review|
|MarketOptions||Spot 2.0||Visit Now||Read Review|
|Optionbit||TradoLogic||Visit Now||Read Review|
|OptionsXO||Tech||Visit Now||Read Review|
|VIPBinary||Tech||Visit Now||Read Review|
|Ubinary||Proprietary||Visit Now||Read Review|
|EZTrader||Proprietary||Visit Now||Read Review|
Binary options trading is a form of trading where you don’t actually buy an asset, but rather trade on the direction of the asset. Instead of purchasing a stock and holding onto it until the price is right to sell, you trade on what you believe its movement will be in the near future. When you prediction is right, you receive your investment back along with a predetermined payout amount which is usually 70-90% of your initial investment.
Assets that can be traded on with binary options are typically:
- Stock – Stocks from the global stock market
- Currency pairs – Forex exchange movements
- Indices – The index of the exchange
- Commodities – Resources with global price agreements (eg oil).
Compared with trading on one of the regular exchanges, with binary options, you can perform relatively small initial investments, sometimes as low as $100, as see returns in as little as 30 seconds. That means with 30 second trading, you have the ability to make up to 90% gains in less than a minute.
But, you have to be very wary of the simple fact that you are trading on what you believe will be the movement of an asset in the coming future. Using a combination of good research on the asset, keeping up to date with the news as selecting a reputable broker will increase your chances of making a profit.
There are many terms used through the process of trading that you should make yourself familiar with. I will try and cover some of the more important ones.
Call – When you “Call”, you are trading on the stock going high prior to the expiry time. If your stock rises, you win.
Put –When you “Put”, you are trading on the stock dropping during the period till expiry. If your stock, at expired time, is lower than it started, you win.
Tie –If your stock finishes at the same rate it started, this is called a tie and you should get your investment back.
Expiration Time – Set time at which point the price of the option can be compared
Payout – Percentage of the trade that you will get back on top of the investment when you win.
Being in the money – You are on the right side of the trade, a winner
Being out of the money – You are on the wrong side of the trade, a loss.